Coca-Cola FEMSA SAB (NYSE:KOF) saw unusually-high trading volume on Tuesday . Approximately 70,851 shares traded hands during mid-day trading, a decline of 10% from the previous session’s volume of 78,444 shares.The stock last traded at $70.72 and had previously closed at $72.18.

KOF has been the topic of a number of analyst reports. Citigroup Inc. cut Coca-Cola FEMSA SAB from a “neutral” rating to a “sell” rating and dropped their price target for the stock from $76.50 to $73.00 in a research note on Sunday, July 24th. Scotiabank restated a “sector perform” rating and set a $139.00 price objective on shares of Coca-Cola FEMSA SAB in a research report on Thursday, August 25th. Zacks Investment Research lowered Coca-Cola FEMSA SAB from a “buy” rating to a “hold” rating in a research report on Tuesday, August 2nd. JPMorgan Chase & Co. raised their price objective on Coca-Cola FEMSA SAB from $82.00 to $89.00 and gave the stock a “neutral” rating in a research report on Friday, June 3rd. Finally, Credit Suisse Group AG upgraded Coca-Cola FEMSA SAB from a “neutral” rating to an “outperform” rating in a research report on Thursday, September 8th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company’s stock. Coca-Cola FEMSA SAB has an average rating of “Hold” and an average price target of $88.25.

The stock has a market capitalization of $14.72 billion, a price-to-earnings ratio of 28.85 and a beta of 0.85. The stock’s 50 day moving average is $76.51 and its 200 day moving average is $79.83.

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Coca-Cola FEMSA SAB (NYSE:KOF) last released its quarterly earnings data on Wednesday, July 27th. The company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.76 by $0.71. Coca-Cola FEMSA SAB had a net margin of 6.15% and a return on equity of 8.77%. Equities research analysts anticipate that Coca-Cola FEMSA SAB will post $3.75 earnings per share for the current year.

Several large investors have recently made changes to their positions in the company. AMP Capital Investors Ltd acquired a new stake in shares of Coca-Cola FEMSA SAB during the first quarter valued at about $266,000. Hexavest Inc. increased its stake in shares of Coca-Cola FEMSA SAB by 39.6% in the second quarter. Hexavest Inc. now owns 4,369 shares of the company’s stock valued at $362,000 after buying an additional 1,240 shares during the period. Panagora Asset Management Inc. increased its stake in shares of Coca-Cola FEMSA SAB by 32.9% in the first quarter. Panagora Asset Management Inc. now owns 87,402 shares of the company’s stock valued at $7,259,000 after buying an additional 21,637 shares during the period. Renaissance Technologies LLC increased its stake in shares of Coca-Cola FEMSA SAB by 7.0% in the first quarter. Renaissance Technologies LLC now owns 760,100 shares of the company’s stock valued at $63,126,000 after buying an additional 49,800 shares during the period. Finally, TD Asset Management Inc. increased its stake in shares of Coca-Cola FEMSA SAB by 0.7% in the second quarter. TD Asset Management Inc. now owns 4,311 shares of the company’s stock valued at $366,000 after buying an additional 30 shares during the period. Institutional investors own 5.61% of the company’s stock.

About Coca-Cola FEMSA SAB

Coca-Cola FEMSA, SAB. de C.V. is a franchise bottler of Coca-Cola trademark beverages across the world. The Company and its subsidiaries are engaged in the production, distribution and marketing of certain Coca-Cola beverages. It is also engaged in acquiring, holding and transferring all types of bonds, shares and marketable securities.

5 Day Chart for NYSE:KOF

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