Corda Investment Management Lifted Its Coca Cola Co Com (KO) Holding by $501,509; Palouse Capital Management Boosted United Parcel Service (UPS) Position by $1.43 Million as Stock Rose

June 14, 2018 - By Hazel Jackson

The Coca-Cola Company (NYSE:KO) Logo

Corda Investment Management Llc increased its stake in Coca Cola Co Com (KO) by 1.97% based on its latest 2018Q1 regulatory filing with the SEC. Corda Investment Management Llc bought 11,663 shares as the company’s stock declined 3.70% with the market. The institutional investor held 604,582 shares of the beverages (production and distribution) company at the end of 2018Q1, valued at $26.26M, up from 592,919 at the end of the previous reported quarter. Corda Investment Management Llc who had been investing in Coca Cola Co Com for a number of months, seems to be bullish on the $185.51B market cap company. The stock decreased 0.45% or $0.1949 during the last trading session, reaching $43.5951. About 3.51M shares traded. The Coca-Cola Company (NYSE:KO) has declined 6.63% since June 14, 2017 and is downtrending. It has underperformed by 19.20% the S&P500. Some Historical KO News: 26/03/2018 – BTS Named a Top 20 Sales Training Company by Training Industry for Fifth Year in a Row; 20/04/2018 – COCA-COLA ICECEK AS CCOLA.IS – WITHIN NEXT THREE YEARS, TOTAL INVESTMENT OF $250 MLN IN PAKISTAN HAS BEEN PLANNED; 30/05/2018 – Ben Shanley, Senior Vice President, National Foodservice Operations at Coca-Cola North America, Receives IFMA’s Distinguished F; 09/03/2018 – COCA-COLA CO – FINAL NON-BINDING AGREEMENT WILL COMPLETE REFRANCHISING OF COMPANY-OWNED BOTTLING OPERATIONS IN NORTH AMERICA; 06/03/2018 – Daily Mail: Worker at canning factory supplying Coca-Cola, Carlsberg and Monster energy drinks is marched off premises after; 24/04/2018 – Coca-Cola 1Q North America Unit Case Volume Up 2%; 02/05/2018 – COCA-COLA ICECEK 1Q LOSS 46M LIRAS, EST. LOSS 67.4M LIRAS; 20/03/2018 – WORLD OF COCA-COLA WILL REMAIN CLOSED UNTIL FURTHER NOTICE; 25/05/2018 – Fresh Plaza (NL): Argentina: Coca-Cola is interested in blueberries from Tucuman; 20/03/2018 – Monster and Coca-Cola Announced Partnership in 2014 That Included Two Coca-Cola Nominees on Monster Board

Palouse Capital Management Inc increased its stake in United Parcel Service Inc (UPS) by 61.2% based on its latest 2018Q1 regulatory filing with the SEC. Palouse Capital Management Inc bought 13,797 shares as the company’s stock rose 6.87% while stock markets declined. The institutional investor held 36,340 shares of the transportation company at the end of 2018Q1, valued at $3.80M, up from 22,543 at the end of the previous reported quarter. Palouse Capital Management Inc who had been investing in United Parcel Service Inc for a number of months, seems to be bullish on the $100.86B market cap company. The stock decreased 0.24% or $0.28 during the last trading session, reaching $117.05. About 522,941 shares traded. United Parcel Service, Inc. (NYSE:UPS) has risen 9.01% since June 14, 2017 and is uptrending. It has underperformed by 3.56% the S&P500. Some Historical UPS News: 11/03/2018 – The Register: Rant launches Eric Raymond’s next project: open-source the UPS; 02/05/2018 – S&PGR Ups Calif Comnty Coll Fincg Auth 2003 Bnd Rtg To ‘AA+’; 06/03/2018 – United Parcel Service Names Nando Cesarone International President; 26/04/2018 – UPS Delivers 1Q 2018 EPS of $1.55, Up 17%; 02/04/2018 – Fidelity Select Transport Adds Echo Global, Cuts UPS; 26/04/2018 – United Parcel Service Sees Effective Tax Rate in a Range of 23% to 24% for the Remainder of the Yr; 02/05/2018 – CNBC Wires: EXCLUSIVE-UPS weighs strategy to deliver bulky goods to boost growth; 04/05/2018 – Mackenzie Ivy Global Balanced Cuts UPS, Buys More Oracle; 30/05/2018 – UPS SAYS GAS LEAK FROM PROPANE TANKS INSIDE A TRAILER MAY HAVE CAUSED EXPLOSION AT KENTUCKY FACILITY; 10/05/2018 – UPS – UPS SHAREOWNERS DID NOT APPROVE PROPOSALS TO PREPARE AN ANNUAL REPORT ON LOBBYING ACTIVITIES

Investors sentiment decreased to 0.69 in Q1 2018. Its down 0.22, from 0.91 in 2017Q4. It worsened, as 74 investors sold KO shares while 684 reduced holdings. 104 funds opened positions while 416 raised stakes. 2.72 billion shares or 0.06% less from 2.73 billion shares in 2017Q4 were reported. Cambridge Invest Research Advsrs invested in 0.2% or 413,579 shares. Allen Inv Management Limited invested in 84,339 shares. Farmers National Bank & Trust owns 72,632 shares or 1.95% of their US portfolio. Clark Cap Mgmt Group Inc has 0.03% invested in The Coca-Cola Company (NYSE:KO) for 23,276 shares. Ajo LP invested in 417,161 shares. Levin Cap Strategies Lp holds 0.39% or 487,782 shares. Boston Advisors Ltd Liability reported 39,469 shares. Fcg Advisors Lc holds 0.47% of its portfolio in The Coca-Cola Company (NYSE:KO) for 31,123 shares. Gould Asset Mngmt Ltd Ca invested in 0.09% or 4,928 shares. Evergreen Cap Management Ltd Liability Co owns 19,041 shares for 0.08% of their portfolio. Cullinan Inc has invested 3.99% in The Coca-Cola Company (NYSE:KO). Capital Investment Advisors Limited Liability has 203,005 shares for 0.57% of their portfolio. 24.98 million are held by Invesco Ltd. Seaward Management Partnership reported 242,839 shares. London Co Of Virginia invested in 1.36% or 3.91M shares.

More notable recent The Coca-Cola Company (NYSE:KO) news were published by: Seekingalpha.com which released: “Coca-Cola launches first alcoholic drink” on May 28, 2018, also Seekingalpha.com with their article: “Coca-Cola Has Limited Upside Potential” published on May 21, 2018, Livetradingnews.com published: “The Coca-Cola Company (NYSE:KO) Sell Over $46.00” on June 05, 2018. More interesting news about The Coca-Cola Company (NYSE:KO) were released by: Seekingalpha.com and their article: “The Coca-Cola Company (KO) Management Presents at Deutsche Bank Global Consumer Conference (Transcript)” published on June 13, 2018 as well as Fool.com‘s news article titled: “Better Buy: Coca-Cola vs. Philip Morris” with publication date: June 11, 2018.

Corda Investment Management Llc, which manages about $545.28M and $799.75M US Long portfolio, decreased its stake in Johnson & Johnson Com (NYSE:JNJ) by 5,363 shares to 196,349 shares, valued at $25.16 million in 2018Q1, according to the filing. It also reduced its holding in Toronto Dominion Bank (NYSE:TD) by 14,725 shares in the quarter, leaving it with 449,606 shares, and cut its stake in Kellogg Co Com (NYSE:K).

Since January 16, 2018, it had 0 buys, and 5 selling transactions for $6.52 million activity. $4.01M worth of The Coca-Cola Company (NYSE:KO) was sold by HAYS ED on Tuesday, January 23. MURPHY JOHN sold $631,572 worth of stock. On Tuesday, January 16 the insider Waller Kathy N sold $1.07 million. The insider MANN JENNIFER K sold 1,883 shares worth $84,735.

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 rating was initiated by Credit Suisse on Friday, September 16 with “Neutral”. The stock has “Outperform” rating by Evercore on Friday, January 12. The stock has “Buy” rating by Credit Suisse on Friday, April 28. The firm earned “Buy” rating on Tuesday, August 1 by RBC Capital Markets. As per Tuesday, June 20, the company rating was maintained by Jefferies. The firm has “Neutral” rating by Goldman Sachs given on Wednesday, June 29. Wells Fargo upgraded the stock to “Outperform” rating in Tuesday, November 14 report. As per Tuesday, March 15, the company rating was maintained by Susquehanna. Jefferies maintained The Coca-Cola Company (NYSE:KO) rating on Thursday, January 4. Jefferies has “Hold” rating and $50.0 target. The stock of The Coca-Cola Company (NYSE:KO) has “Market Perform” rating given on Thursday, January 19 by Wells Fargo.

Investors sentiment decreased to 1.12 in 2018 Q1. Its down 0.11, from 1.23 in 2017Q4. It dropped, as 81 investors sold UPS shares while 390 reduced holdings. 111 funds opened positions while 418 raised stakes. 446.74 million shares or 0.46% less from 448.80 million shares in 2017Q4 were reported. First Long Island Llc holds 1.77% or 122,001 shares. Brookstone Mgmt accumulated 0.64% or 66,894 shares. New England Rech & Management accumulated 14,350 shares. Bluestein R H Company holds 14,762 shares. Lederer And Assocs Investment Counsel Ca reported 20,560 shares stake. Camarda Fincl Advsr Limited Liability has invested 0.24% in United Parcel Service, Inc. (NYSE:UPS). Mariner Wealth holds 30,468 shares or 0.2% of its portfolio. Moreover, Loomis Sayles Limited Partnership has 1.07% invested in United Parcel Service, Inc. (NYSE:UPS) for 4.81M shares. Zwj Counsel holds 5,876 shares or 0.06% of its portfolio. Acg Wealth invested in 6,393 shares. Public Sector Pension Invest Board reported 38,406 shares. Focused Wealth Mgmt, a New York-based fund reported 891 shares. Public Employees Retirement Of Ohio holds 0.26% or 470,476 shares in its portfolio. Sun Life Financial Incorporated has 0% invested in United Parcel Service, Inc. (NYSE:UPS) for 1,981 shares. Leisure Mgmt stated it has 1.56% in United Parcel Service, Inc. (NYSE:UPS).

Among 24 analysts covering United Parcel Service (NYSE:UPS), 12 have Buy rating, 1 Sell and 11 Hold. Therefore 50% are positive. United Parcel Service had 75 analyst reports since July 29, 2015 according to SRatingsIntel. Robert W. Baird maintained United Parcel Service, Inc. (NYSE:UPS) rating on Thursday, February 1. Robert W. Baird has “Hold” rating and $127.0 target. BMO Capital Markets maintained it with “Hold” rating and $115.0 target in Tuesday, September 5 report. The firm has “Buy” rating by Argus Research given on Tuesday, August 2. The company was upgraded on Tuesday, February 20 by Edward Jones. The firm has “Hold” rating given on Thursday, October 5 by Robert W. Baird. Stephens maintained the shares of UPS in report on Thursday, February 1 with “Hold” rating. Barclays Capital maintained United Parcel Service, Inc. (NYSE:UPS) rating on Wednesday, February 1. Barclays Capital has “Equal Weight” rating and $115 target. Cowen & Co maintained the shares of UPS in report on Monday, September 25 with “Hold” rating. Deutsche Bank initiated the shares of UPS in report on Wednesday, November 2 with “Hold” rating. The company was maintained on Thursday, August 24 by Robert W. Baird.

United Parcel Service, Inc. (NYSE:UPS) Institutional Positions Chart

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