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Despite reduced stakes by investors, Coca-Cola reported a strong Q4 with EPS surpassing expectations.
In the fourth quarter, several investment firms reduced their stakes in Coca-Cola Company (KO).
Allen Wealth Management LLC decreased its holdings by 2.6%, owning 16,558 shares worth $1,031,000.
Coca-Cola reported a strong Q4, with earnings per share (EPS) of $0.55, surpassing expectations.
The company has a "Moderate Buy" rating and an average target price of $74.24.
Coca-Cola's market cap is $307.53 billion, with a P/E ratio of 28.93 and a beta of 0.57.
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A pesar de la reducción de las apuestas por parte de los inversores, Coca-Cola reportó un Q4 fuerte con EPS superando las expectativas.