Atlanta Capital Management Co Trimmed Its Coca Cola Co (KO) Holding by $1.36 Million as Market Valuation Declined; Rmb Capital Management Stake in Trimble (TRMB) Decreased by $552,200

May 19, 2018 - By Moses P. Lee

Trimble Inc. (NASDAQ:TRMB) Logo

Atlanta Capital Management Co Llc decreased its stake in Coca Cola Co (KO) by 3.52% based on its latest 2017Q4 regulatory filing with the SEC. Atlanta Capital Management Co Llc sold 30,294 shares as the company’s stock declined 5.92% with the market. The institutional investor held 829,310 shares of the beverages (production and distribution) company at the end of 2017Q4, valued at $38.05M, down from 859,604 at the end of the previous reported quarter. Atlanta Capital Management Co Llc who had been investing in Coca Cola Co for a number of months, seems to be less bullish one the $179.49B market cap company. The stock decreased 0.28% or $0.12 during the last trading session, reaching $42.18. About 11.95 million shares traded. The Coca-Cola Company (NYSE:KO) has risen 1.35% since May 19, 2017 and is uptrending. It has underperformed by 10.20% the S&P500.

Rmb Capital Management Llc decreased its stake in Trimble Inc (TRMB) by 17.43% based on its latest 2017Q4 regulatory filing with the SEC. Rmb Capital Management Llc sold 13,805 shares as the company’s stock declined 13.68% with the market. The hedge fund held 65,401 shares of the industrial machinery and components company at the end of 2017Q4, valued at $2.66 million, down from 79,206 at the end of the previous reported quarter. Rmb Capital Management Llc who had been investing in Trimble Inc for a number of months, seems to be less bullish one the $8.65B market cap company. The stock decreased 0.37% or $0.13 during the last trading session, reaching $34.7. About 1.26 million shares traded or 5.99% up from the average. Trimble Inc. (NASDAQ:TRMB) has risen 11.55% since May 19, 2017 and is uptrending. It has by 0.00% the S&P500.

Atlanta Capital Management Co Llc, which manages about $16.77B and $19.04 billion US Long portfolio, upped its stake in Graco Inc (NYSE:GGG) by 2.47M shares to 3.91 million shares, valued at $176.72M in 2017Q4, according to the filing. It also increased its holding in Church & Dwight Inc (NYSE:CHD) by 602,128 shares in the quarter, for a total of 4.07 million shares, and has risen its stake in Check Point Software Tech Lt (NASDAQ:CHKP).

Among 22 analysts covering Coca-Cola (NYSE:KO), 13 have Buy rating, 0 Sell and 9 Hold. Therefore 59% are positive. Coca-Cola had 78 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Tuesday, August 22 by Cowen & Co. The rating was maintained by Stifel Nicolaus with “Hold” on Friday, December 22. As per Monday, July 31, the company rating was maintained by BMO Capital Markets. Susquehanna upgraded the stock to “Neutral” rating in Friday, February 5 report. On Thursday, October 22 the stock rating was maintained by UBS with “Buy”. RBC Capital Markets maintained the stock with “Buy” rating in Tuesday, September 5 report. RBC Capital Markets maintained it with “Buy” rating and $4900 target in Tuesday, August 1 report. The firm has “Equal-Weight” rating given on Thursday, October 26 by Morgan Stanley. RBC Capital Markets maintained The Coca-Cola Company (NYSE:KO) on Friday, October 6 with “Buy” rating. Deutsche Bank maintained the shares of KO in report on Friday, September 25 with “Buy” rating.

More notable recent The Coca-Cola Company (NYSE:KO) news were published by: Livetradingnews.com which released: “The Coca-Cola Company (NYSE:KO) Heffx Technical Outlook” on May 01, 2018, also Bizjournals.com with their article: “Former Coca-Cola, ESPN marketing executive on making the shift to health care with Cambia” published on May 02, 2018, Livetradingnews.com published: “The Coca-Cola Company (NYSE:KO) Stock Worth Watching” on April 26, 2018. More interesting news about The Coca-Cola Company (NYSE:KO) were released by: 247Wallst.com and their article: “What to Look For in Coca-Cola Earnings Tuesday Morning” published on April 23, 2018 as well as Seekingalpha.com‘s news article titled: “Shareholder Yield: Coke Vs. Pepsi” with publication date: May 10, 2018.

Investors sentiment increased to 0.91 in Q4 2017. Its up 0.11, from 0.8 in 2017Q3. It is positive, as 51 investors sold KO shares while 623 reduced holdings. 124 funds opened positions while 492 raised stakes. 2.73 billion shares or 0.05% less from 2.73 billion shares in 2017Q3 were reported. Tortoise Investment Mgmt Lc invested 0.07% of its portfolio in The Coca-Cola Company (NYSE:KO). Marietta Investment Prtnrs stated it has 0.09% of its portfolio in The Coca-Cola Company (NYSE:KO). Bingham Osborn And Scarborough Limited Liability has invested 0.02% of its portfolio in The Coca-Cola Company (NYSE:KO). Virginia-based Davenport Limited Liability has invested 0.73% in The Coca-Cola Company (NYSE:KO). Kelly Lawrence W And Assocs Incorporated Ca invested in 0.1% or 12,230 shares. 43,835 were accumulated by First National Bank & Trust Of Mount Dora Trust Investment Services. Moreover, M&R Capital Management has 0.36% invested in The Coca-Cola Company (NYSE:KO) for 33,910 shares. The New York-based Richard Bernstein Ltd Liability Com has invested 0.05% in The Coca-Cola Company (NYSE:KO). A D Beadell Investment Counsel reported 81,525 shares or 3.07% of all its holdings. 671,996 are held by State Of Alaska Department Of Revenue. Cognios Capital holds 0.77% or 44,430 shares in its portfolio. Colony Group Inc Lc holds 23,931 shares. Peapack Gladstone has invested 0.17% in The Coca-Cola Company (NYSE:KO). Qci Asset Mngmt reported 4,261 shares stake. Moreover, Gamble Jones Counsel has 0.75% invested in The Coca-Cola Company (NYSE:KO) for 172,803 shares.

Since January 16, 2018, it had 0 insider buys, and 5 sales for $6.52 million activity. On Tuesday, January 16 the insider Waller Kathy N sold $1.07M. $631,572 worth of stock was sold by MURPHY JOHN on Tuesday, March 13. HAYS ED also sold $4.01 million worth of The Coca-Cola Company (NYSE:KO) shares. $719,250 worth of stock was sold by LONG ROBERT EDWARD on Wednesday, January 24.

Analysts await The Coca-Cola Company (NYSE:KO) to report earnings on July, 25. They expect $0.61 earnings per share, up 3.39% or $0.02 from last year’s $0.59 per share. KO’s profit will be $2.60 billion for 17.29 P/E if the $0.61 EPS becomes a reality. After $0.47 actual earnings per share reported by The Coca-Cola Company for the previous quarter, Wall Street now forecasts 29.79% EPS growth.

Investors sentiment is 1.18 in Q4 2017. Its the same as in 2017Q3. It is flat, as 20 investors sold TRMB shares while 129 reduced holdings. only 45 funds opened positions while 131 raised stakes. 216.30 million shares or 2.27% less from 221.33 million shares in 2017Q3 were reported. Arrowmark Colorado Limited Liability Corp reported 2.11 million shares or 0.87% of all its holdings. Winslow Evans Crocker Inc holds 0.58% or 44,102 shares in its portfolio. Riverpark Capital Ltd Com accumulated 244,822 shares. Manatuck Hill Ptnrs Ltd Company holds 0.64% of its portfolio in Trimble Inc. (NASDAQ:TRMB) for 30,000 shares. Dimensional Fund Advsr Ltd Partnership reported 0.01% stake. Glenmede Trust Na owns 0.01% invested in Trimble Inc. (NASDAQ:TRMB) for 40,340 shares. 1,839 are owned by Stratos Wealth Prtn Ltd. Strs Ohio has 0% invested in Trimble Inc. (NASDAQ:TRMB) for 3,120 shares. Swiss Retail Bank stated it has 931,300 shares. Oregon Public Employees Retirement Fund holds 0.06% in Trimble Inc. (NASDAQ:TRMB) or 93,232 shares. Pittenger Anderson invested 0% of its portfolio in Trimble Inc. (NASDAQ:TRMB). Amp Cap Investors Limited has 0.02% invested in Trimble Inc. (NASDAQ:TRMB). Southeast Asset Advisors invested in 13,000 shares. Papp L Roy Associate, a Arizona-based fund reported 80,197 shares. Commonwealth Bancorp Of Aus holds 373 shares.

Among 17 analysts covering Trimble Navigation Limited (NASDAQ:TRMB), 9 have Buy rating, 0 Sell and 8 Hold. Therefore 53% are positive. Trimble Navigation Limited had 40 analyst reports since August 5, 2015 according to SRatingsIntel. As per Friday, September 25, the company rating was maintained by JP Morgan. The firm has “Buy” rating by Piper Jaffray given on Friday, September 29. The firm has “Equal-Weight” rating by Morgan Stanley given on Thursday, August 17. Morgan Stanley initiated Trimble Inc. (NASDAQ:TRMB) on Monday, September 21 with “Equal Weight” rating. The rating was maintained by Oppenheimer with “Outperform” on Friday, October 27. Piper Jaffray maintained Trimble Inc. (NASDAQ:TRMB) on Friday, October 27 with “Buy” rating. As per Thursday, December 10, the company rating was initiated by Oppenheimer. The stock of Trimble Inc. (NASDAQ:TRMB) earned “Neutral” rating by Dougherty & Company on Monday, January 30. M Partners downgraded the shares of TRMB in report on Wednesday, August 5 to “Neutral” rating. Berenberg upgraded the shares of TRMB in report on Tuesday, April 17 to “Buy” rating.

Rmb Capital Management Llc, which manages about $3.98B and $3.85B US Long portfolio, upped its stake in Alliancebernstein Natl Muni (AFB) by 57,560 shares to 78,553 shares, valued at $1.05M in 2017Q4, according to the filing. It also increased its holding in Borgwarner Inc (NYSE:BWA) by 40,983 shares in the quarter, for a total of 60,405 shares, and has risen its stake in Bp Plc (NYSE:BP).

More important recent Trimble Inc. (NASDAQ:TRMB) news were published by: Seekingalpha.com which released: “Trimble To Acquire Viewpoint For Construction Software Buildout” on April 24, 2018, also Seekingalpha.com published article titled: “Trimble reports Q1 beats, in-line guidance”, Prnewswire.com published: “Trimble to Host 2018 Investor Day” on May 15, 2018. More interesting news about Trimble Inc. (NASDAQ:TRMB) was released by: Bizjournals.com and their article: “Portland construction software firm Viewpoint acquired in $1.2B deal” with publication date: April 24, 2018.

Analysts await Trimble Inc. (NASDAQ:TRMB) to report earnings on August, 1. They expect $0.40 EPS, up 21.21% or $0.07 from last year’s $0.33 per share. TRMB’s profit will be $99.69M for 21.69 P/E if the $0.40 EPS becomes a reality. After $0.39 actual EPS reported by Trimble Inc. for the previous quarter, Wall Street now forecasts 2.56% EPS growth.

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