<div id="readability-page-1"><p>Canada Pension Plan Investment Board lessened its holdings in shares of  The Coca-Cola Company (NYSE:KO - Free Report) by 20.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor  owned 7,425,349 shares of the company's stock after selling 1,854,597 shares during the period. Canada Pension Plan Investment Board owned 0.17% of Coca-Cola worth $462,302,000 at the end of the most recent reporting period.</p><ul><li>2 Penny Stocks With $10 Potential </li></ul><p>A number of other hedge funds also recently bought and sold shares of KO. Crowley Wealth Management Inc. purchased a new stake in shares of  Coca-Cola in the fourth quarter valued at approximately $27,000.  Mainstream Capital Management LLC purchased a new stake in  Coca-Cola in the 4th quarter valued at $31,000.  Retirement Wealth Solutions LLC acquired a new stake in shares of  Coca-Cola in the 4th quarter worth $37,000.  Murphy &amp; Mullick Capital Management Corp purchased a new position in shares of  Coca-Cola during the 4th quarter worth $38,000.  Finally, Hoey Investments Inc. boosted its position in shares of  Coca-Cola by 41.9% during the 4th quarter. Hoey Investments Inc. now owns 613 shares of the company's stock valued at $38,000 after acquiring an additional 181 shares during the last quarter. Institutional investors and hedge funds own  70.26% of the company's stock. </p><h2>Coca-Cola Price Performance</h2><p>Coca-Cola stock opened at $71.72 on Thursday. The company's 50 day moving average is $70.11 and its two-hundred day moving average is $66.40. The firm has a market cap of $308.65 billion, a PE ratio of 29.04, a price-to-earnings-growth ratio of 3.79 and a beta of 0.45. The company has a quick ratio of 0.84, a current ratio of 1.03 and a debt-to-equity ratio of 1.61. The Coca-Cola Company has a 52-week low of $58.10 and a 52-week high of $73.95. </p><ul><li>3 High-Yield Dividend Stocks Trading at a Discount</li></ul><p>Coca-Cola (NYSE:KO - Get Free Report) last released its earnings results on Tuesday, February 11th. The company reported $0.55 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.51 by $0.04. Coca-Cola had a return on equity of 45.37% and a net margin of 22.59%.  On average, research analysts expect that  The Coca-Cola Company will post 2.96 EPS for the current fiscal year. </p><h2>Coca-Cola Increases Dividend</h2><p>The company also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Friday, March 14th were issued a $0.51 dividend. This is a boost from Coca-Cola's previous quarterly dividend of $0.49. The ex-dividend date  was Friday, March 14th. This represents a $2.04 annualized dividend and a yield of 2.84%. Coca-Cola's dividend payout ratio (DPR) is 82.59%. </p><h2>Analysts Set New Price Targets</h2><ul><li>3 Safe Dividend Stocks as Investors Seek to Reset Diversification</li></ul><p>A number of brokerages have commented on KO. TD Cowen raised shares of Coca-Cola from a &#34;hold&#34; rating to a &#34;buy&#34; rating and set a $75.00 target price on the stock in a research note on Wednesday, January 8th. Morgan Stanley lifted their price target on shares of Coca-Cola from $76.00 to $78.00 and gave the company an &#34;overweight&#34; rating in a research report on Wednesday, February 12th. Evercore ISI increased their price objective on Coca-Cola from $72.00 to $75.00 and gave the stock an &#34;outperform&#34; rating in a research report on Wednesday, February 12th. Jefferies Financial Group upgraded Coca-Cola from a &#34;hold&#34; rating to a &#34;buy&#34; rating and lifted their target price for the company from $69.00 to $75.00 in a research report on Thursday, January 30th. Finally, UBS Group increased their price target on Coca-Cola from $72.00 to $78.00 and gave the stock a &#34;buy&#34; rating in a report on Wednesday, February 12th. Two equities research analysts have rated the stock with a hold rating, seventeen have assigned  a buy rating and one  has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of &#34;Moderate Buy&#34; and an average price target of $74.24.</p><p><b>View Our Latest Stock Analysis on Coca-Cola</b></p><h2>Insider Buying and Selling</h2><p>In related news, COO Henrique Braun sold 25,277 shares of the business's stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of $71.47, for a total transaction of $1,806,547.19. Following the completion of the sale, the chief operating officer now owns 52,466 shares in the company, valued at $3,749,745.02. The trade was a 32.51 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities &amp; Exchange Commission, which is available through the SEC website. Also, insider Bruno Pietracci sold 19,058 shares of the stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $70.56, for a total transaction of $1,344,732.48. The disclosure for this sale can be found here. Insiders sold 313,423 shares of company stock worth $22,263,071 over the last 90 days. 0.90% of the stock is owned by insiders. </p><h2>About Coca-Cola</h2> (Free Report)<p>The Coca-Cola Company, a beverage company, manufactures, markets, and sells various nonalcoholic beverages worldwide. The company provides sparkling soft drinks, sparkling flavors; water, sports, coffee, and tea; juice, value-added dairy, and plant-based beverages; and other beverages. It also offers beverage concentrates and syrups, as well as fountain syrups to fountain retailers, such as restaurants and convenience stores.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Coca-Cola</li><li>What Are the U.K. Market Holidays? How to Invest and Trade</li><li>Viking Therapeutics Stock Pops But Struggles to Hold Gains</li><li>How to Evaluate a Stock Before Buying </li><li>Qualcomm Stock Just Earned a Fresh Buy Rating—Get Excited</li><li>A Deeper Look at Bid-Ask Spreads</li><li>Meta Stock Holds Upside Potential as Analysts Cut Price Targets</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUtP?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUtP"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Coca-Cola Right Now?</h2><p>Before you consider Coca-Cola, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Coca-Cola wasn't on the list.</p><p>While Coca-Cola currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Canada Pension Plan Investment Board reduced its stake in The Coca-Cola Company (NYSE:KO) by 20% in Q4, now holding 7,425,349 shares valued at $462.3 million. Other hedge funds also increased their positions. Coca-Cola's stock opened at $71.72, with a market cap of $308.65 billion and a PE ratio of 29.04. The company recently announced a quarterly dividend increase to $0.51. Analysts have set price targets ranging from $75 to $78, with an average rating of "Moderate Buy."</p>

- Canada Pension Plan Investment Board reduced its holdings in The Coca-Cola Company by 20.0% in the fourth quarter, owning 7,425,349 shares after selling 1,854,597 shares.  
- The company reported a quarterly dividend increase to $0.51, with a current yield of 2.84%, and analysts expect an EPS of 2.96 for the fiscal year.  
- Coca-Cola's stock has received multiple upgrades from brokerages, with an average price target of $74.24 and a consensus rating of "Moderate Buy."  

The Coca-Cola Company (NYSE:KO) Shares Sold by Canada Pension Plan Investment Board