Vanguard Capital Wealth Advisors Invests $534,000 in Coca Cola Femsa S.A.B. de C.V. $KOF

Vanguard Capital Wealth Advisors bought a new position in shares of Coca Cola Femsa S.A.B. de C.V. (NYSE:KOF) in the fourth quarter, Holdings Channel.com reports. The fund bought 5,637 shares of the company’s stock, valued at approximately $534,000.

Several other hedge funds and other institutional investors have also bought and sold shares of KOF. Bank of America Corp DE boosted its position in Coca Cola Femsa by 87.4% during the second quarter. Bank of America Corp DE now owns 589,519 shares of the company’s stock valued at $57,024,000 after acquiring an additional 274,894 shares during the last quarter. Crossmark Global Holdings Inc. bought a new position in shares of Coca Cola Femsa in the 3rd quarter worth about $12,584,000. Lakewood Capital Management LP bought a new position in shares of Coca Cola Femsa in the 3rd quarter worth about $10,953,000. Invesco Ltd. lifted its stake in shares of Coca Cola Femsa by 34.6% in the 3rd quarter. Invesco Ltd. now owns 301,266 shares of the company’s stock valued at $25,035,000 after purchasing an additional 77,475 shares during the period. Finally, Jump Financial LLC acquired a new position in shares of Coca Cola Femsa in the 3rd quarter valued at about $3,712,000.

Coca Cola Femsa Stock Performance

Shares of KOF opened at $98.90 on Friday. Coca Cola Femsa S.A.B. de C.V. has a one year low of $80.22 and a one year high of $116.36. The company has a market cap of $166.21 billion, a PE ratio of 16.59, a P/E/G ratio of 1.06 and a beta of 0.54. The stock has a 50-day moving average of $104.77 and a 200-day moving average of $94.82. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.12 and a quick ratio of 0.91.

Coca Cola Femsa (NYSE:KOF) last posted its quarterly earnings results on Saturday, February 14th. The company reported $2.00 earnings per share for the quarter. The business had revenue of $4.31 billion for the quarter. Coca Cola Femsa had a return on equity of 15.97% and a net margin of 8.18%. On average, equities research analysts predict that Coca Cola Femsa S.A.B. de C.V. will post 5.7 EPS for the current fiscal year.

Analyst Ratings Changes

KOF has been the subject of several recent analyst reports. Bradesco Corretora raised Coca Cola Femsa to an “outperform” rating and set a $124.00 target price for the company in a research note on Wednesday, February 11th. JPMorgan Chase & Co. lowered Coca Cola Femsa from an “overweight” rating to a “neutral” rating and set a $100.00 price target on the stock. in a research note on Wednesday, January 28th. UBS Group downgraded shares of Coca Cola Femsa from a “buy” rating to a “hold” rating in a research report on Thursday, March 12th. Wall Street Zen upgraded shares of Coca Cola Femsa from a “hold” rating to a “buy” rating in a research note on Saturday, February 14th. Finally, Bank of America reiterated a “buy” rating on shares of Coca Cola Femsa in a research report on Monday, March 2nd. Five research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $111.60.

About Coca Cola Femsa

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.