Capital International Inc. CA Has $9.12 Million Stake in Coca Cola Femsa S.A.B. de C.V. $KOF

Capital International Inc. CA lifted its position in Coca Cola Femsa S.A.B. de C.V. (NYSE:KOF) by 9.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 96,278 shares of the company’s stock after buying an additional 8,289 shares during the quarter. Capital International Inc. CA’s holdings in Coca Cola Femsa were worth $9,118,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Parallel Advisors LLC grew its stake in shares of Coca Cola Femsa by 19.1% in the 4th quarter. Parallel Advisors LLC now owns 616 shares of the company’s stock valued at $58,000 after buying an additional 99 shares in the last quarter. Signaturefd LLC grew its stake in shares of Coca Cola Femsa by 22.7% in the 4th quarter. Signaturefd LLC now owns 708 shares of the company’s stock valued at $67,000 after buying an additional 131 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of Coca Cola Femsa by 14.6% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,058 shares of the company’s stock valued at $88,000 after buying an additional 135 shares in the last quarter. Vise Technologies Inc. grew its stake in shares of Coca Cola Femsa by 0.6% in the 4th quarter. Vise Technologies Inc. now owns 23,877 shares of the company’s stock valued at $2,261,000 after buying an additional 150 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its stake in shares of Coca Cola Femsa by 9.1% in the 3rd quarter. Jones Financial Companies Lllp now owns 2,009 shares of the company’s stock valued at $169,000 after buying an additional 168 shares in the last quarter.

Coca Cola Femsa Stock Performance

Coca Cola Femsa stock opened at $106.42 on Monday. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.10 and a quick ratio of 0.91. The stock has a fifty day moving average price of $103.63 and a two-hundred day moving average price of $100.95. Coca Cola Femsa S.A.B. de C.V. has a 52-week low of $80.22 and a 52-week high of $116.36. The firm has a market capitalization of $178.86 billion, a P/E ratio of 17.92, a P/E/G ratio of 1.29 and a beta of 0.53.

Coca Cola Femsa (NYSE:KOF) last released its quarterly earnings data on Tuesday, March 31st. The company reported $1.16 earnings per share (EPS) for the quarter. Coca Cola Femsa had a return on equity of 15.40% and a net margin of 7.84%. As a group, analysts anticipate that Coca Cola Femsa S.A.B. de C.V. will post 6.8 EPS for the current fiscal year.

Coca Cola Femsa Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 1st. Stockholders of record on Monday, April 20th were issued a dividend of $1.0873 per share. The ex-dividend date was Monday, April 20th. This is a boost from Coca Cola Femsa’s previous quarterly dividend of $1.00. This represents a $4.35 annualized dividend and a dividend yield of 4.1%. Coca Cola Femsa’s dividend payout ratio (DPR) is currently 66.67%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Barclays boosted their price target on Coca Cola Femsa from $112.00 to $115.00 and gave the company an “equal weight” rating in a research note on Monday, May 4th. Weiss Ratings raised Coca Cola Femsa from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 29th. UBS Group cut Coca Cola Femsa from a “buy” rating to a “hold” rating in a research report on Thursday, March 12th. JPMorgan Chase & Co. increased their price target on Coca Cola Femsa from $110.00 to $114.00 and gave the company a “neutral” rating in a report on Tuesday, May 26th. Finally, Wall Street Zen raised Coca Cola Femsa from a “hold” rating to a “buy” rating in a research report on Saturday, February 14th. Four equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $115.00.

Coca Cola Femsa Profile

Coca‑Cola FEMSA (NYSE: KOF) is a large multinational beverage bottler and distributor operating primarily in Mexico and across multiple markets in Latin America. As a principal franchise bottler for The Coca‑Cola Company, the firm is responsible for producing, packaging, marketing and distributing Coca‑Cola branded beverages and a wide range of nonalcoholic drinks to retail and foodservice customers throughout its territories.

The company’s product portfolio includes carbonated soft drinks, bottled water, juices, ready‑to‑drink teas and coffees, sports and energy drinks, and other noncarbonated beverages.