Coca Cola Company (KO) Valuation Rose While Lau Associates Decreased by $360,000 Its Stake; Oaktree Capital Management LP Boosted Stonemor Partners LP (STON) Holding

January 17, 2018 - By Dolores Ford

Howard Marks increased its stake in Stonemor Partners Lp (STON) by 22% based on its latest 2017Q3 regulatory filing with the SEC. Oaktree Capital Management Lp bought 275,000 shares as the company’s stock declined 14.59% while stock markets rallied. The hedge fund run by Howard Marks held 1.53 million shares of the other consumer services company at the end of 2017Q3, valued at $9.94M, up from 1.25 million at the end of the previous reported quarter. Oaktree Capital Management Lp who had been investing in Stonemor Partners Lp for a number of months, seems to be bullish on the $205.73M market cap company. The stock decreased 0.55% or $0.03 during the last trading session, reaching $5.42. About 72,612 shares traded. StoneMor Partners L.P. (NYSE:STON) has declined 60.92% since January 17, 2017 and is downtrending. It has underperformed by 77.62% the S&P500.

Lau Associates Llc decreased its stake in Coca Cola Company (KO) by 13.96% based on its latest 2017Q3 regulatory filing with the SEC. Lau Associates Llc sold 8,000 shares as the company’s stock rose 6.48% with the market. The institutional investor held 49,320 shares of the beverages (production and distribution) company at the end of 2017Q3, valued at $2.22M, down from 57,320 at the end of the previous reported quarter. Lau Associates Llc who had been investing in Coca Cola Company for a number of months, seems to be less bullish one the $199.23B market cap company. The stock increased 0.49% or $0.23 during the last trading session, reaching $46.76. About 2.29 million shares traded. The Coca-Cola Company (NYSE:KO) has declined 0.95% since January 17, 2017 and is downtrending. It has underperformed by 17.65% the S&P500.

Analysts await The Coca-Cola Company (NYSE:KO) to report earnings on February, 13 before the open. They expect $0.38 earnings per share, up 2.70% or $0.01 from last year’s $0.37 per share. KO’s profit will be $1.62B for 30.76 P/E if the $0.38 EPS becomes a reality. After $0.50 actual earnings per share reported by The Coca-Cola Company for the previous quarter, Wall Street now forecasts -24.00% negative EPS growth.

Since August 7, 2017, it had 0 insider purchases, and 5 selling transactions for $7.94 million activity. RIVERA ALFREDO sold $1.30 million worth of stock or 28,232 shares. The insider LONG ROBERT EDWARD sold $1.21 million. The insider MANN JENNIFER K sold 8,819 shares worth $402,235. 8,952 shares were sold by Waller Kathy N, worth $409,733 on Thursday, August 10.

Among 22 analysts covering Coca-Cola (NYSE:KO), 12 have Buy rating, 1 Sell and 9 Hold. Therefore 55% are positive. Coca-Cola had 69 analyst reports since July 21, 2015 according to SRatingsIntel. Goldman Sachs downgraded The Coca-Cola Company (NYSE:KO) on Monday, January 9 to “Sell” rating. The stock of The Coca-Cola Company (NYSE:KO) has “Buy” rating given on Tuesday, July 21 by Sterne Agee CRT. The firm has “Buy” rating given on Friday, February 5 by UBS. Goldman Sachs maintained the shares of KO in report on Wednesday, June 29 with “Neutral” rating. The firm has “Buy” rating by RBC Capital Markets given on Tuesday, August 1. Cowen & Co maintained The Coca-Cola Company (NYSE:KO) on Thursday, July 13 with “Hold” rating. On Thursday, January 19 the stock rating was downgraded by Wells Fargo to “Market Perform”. The company was initiated on Friday, September 15 by Macquarie Research. The stock of The Coca-Cola Company (NYSE:KO) earned “Buy” rating by Credit Suisse on Friday, April 28. As per Tuesday, September 5, the company rating was maintained by Jefferies.

Investors sentiment decreased to 0.8 in 2017 Q3. Its down 0.14, from 0.94 in 2017Q2. It dropped, as 48 investors sold KO shares while 641 reduced holdings. 94 funds opened positions while 456 raised stakes. 2.73 billion shares or 0.93% more from 2.70 billion shares in 2017Q2 were reported. Lsv Asset Mngmt holds 0% of its portfolio in The Coca-Cola Company (NYSE:KO) for 33,800 shares. Moreover, Oppenheimer Asset Mngmt has 0.09% invested in The Coca-Cola Company (NYSE:KO) for 73,388 shares. Teachers Ins & Annuity Association Of America, New York-based fund reported 257,800 shares. Ruane Cunniff Goldfarb has 0.02% invested in The Coca-Cola Company (NYSE:KO) for 46,130 shares. Timucuan Asset Management Fl owns 187,064 shares for 0.75% of their portfolio. Train Babcock Advsrs Ltd reported 10,600 shares or 0.27% of all its holdings. Oakworth Inc holds 31,493 shares or 0.37% of its portfolio. Moreover, Legal And General Public Ltd has 0.69% invested in The Coca-Cola Company (NYSE:KO) for 20.33 million shares. Cardinal Cap stated it has 83,754 shares or 1.19% of all its holdings. First Fiduciary Invest Counsel Inc has invested 2.61% in The Coca-Cola Company (NYSE:KO). Hilltop Holding has 0.67% invested in The Coca-Cola Company (NYSE:KO). Pnc Ser Grp Inc Inc, Pennsylvania-based fund reported 7.65 million shares. Rathbone Brothers Public Limited Liability Co has invested 3.1% of its portfolio in The Coca-Cola Company (NYSE:KO). Virtus Invest Advisers holds 29,008 shares. 133,375 are held by Auxier Asset Mgmt.

Among 2 analysts covering StoneMor Partners L.P (NYSE:STON), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. StoneMor Partners L.P had 7 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was initiated by Wunderlich on Tuesday, July 21 with “Buy”. Raymond James upgraded the shares of STON in report on Tuesday, August 25 to “Outperform” rating. The firm earned “Hold” rating on Friday, October 28 by Wunderlich. The company was maintained on Wednesday, November 9 by Wunderlich. Raymond James downgraded the shares of STON in report on Friday, October 28 to “Mkt Perform” rating. The rating was upgraded by Raymond James to “Outperform” on Thursday, November 10.

Since January 2, 2018, it had 1 buying transaction, and 0 selling transactions for $4,935 activity.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: