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Despite major investors selling shares, Coca-Cola reported strong earnings and increased its dividend.
Nicolet Bankshares Inc. and Cornerstone Enterprises LLC both decreased their holdings in Coca-Cola, selling significant portions of their shares.
Despite this, Coca-Cola reported strong earnings of $0.55 per share, exceeding expectations, and increased its dividend to $0.51 per quarter.
The company, known for its various nonalcoholic beverages, has a market cap of $307.04 billion and a "Moderate Buy" rating with a target price of $74.24.
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A pesar de los grandes inversores que vendían acciones, Coca-Cola informó de fuertes ganancias y aumentó su dividendo.