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Investment firms boost holdings in Coca-Cola as it reports strong earnings and a 2.92% dividend yield.
Investment firm Coastwise Capital Group LLC has increased its holdings in Coca-Cola by 18,916 shares, totalling $1.355 million.
Sargent Investment Group LLC also increased its stake by 48,367 shares to 52,025 shares, valued at $3.726 million.
Twin Capital Management Inc. added 10.5% to its holdings, now owning 95,771 shares.
Coca-Cola's recent earnings beat analysts' expectations, with a quarterly revenue of $11.13 billion and earnings of $0.73 per share.
The company offers a 2.92% dividend yield.
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Las empresas de inversión aumentan sus participaciones en Coca-Cola, ya que informa de fuertes ganancias y un rendimiento de dividendos del 2,92%.