VisionPoint Advisory Group LLC Grows Stock Position in Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF)

VisionPoint Advisory Group LLC boosted its stake in shares of Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) by 5.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 28,718 shares of the company’s stock after buying an additional 1,556 shares during the period. VisionPoint Advisory Group LLC’s holdings in Coca-Cola FEMSA were worth $2,233,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Sanctuary Advisors LLC increased its stake in Coca-Cola FEMSA by 17.4% in the fourth quarter. Sanctuary Advisors LLC now owns 19,587 shares of the company’s stock worth $1,562,000 after purchasing an additional 2,902 shares during the period. Americana Partners LLC increased its stake in Coca-Cola FEMSA by 23.6% in the fourth quarter. Americana Partners LLC now owns 5,131 shares of the company’s stock worth $400,000 after purchasing an additional 981 shares during the period. Kestra Private Wealth Services LLC increased its stake in Coca-Cola FEMSA by 15.9% in the fourth quarter. Kestra Private Wealth Services LLC now owns 8,517 shares of the company’s stock worth $663,000 after purchasing an additional 1,170 shares during the period. WCM Investment Management LLC increased its stake in Coca-Cola FEMSA by 161.6% in the fourth quarter. WCM Investment Management LLC now owns 36,551 shares of the company’s stock worth $2,842,000 after purchasing an additional 22,577 shares during the period. Finally, Leo Wealth LLC increased its stake in Coca-Cola FEMSA by 3.0% in the fourth quarter. Leo Wealth LLC now owns 13,630 shares of the company’s stock worth $1,062,000 after purchasing an additional 394 shares during the period.

Coca-Cola FEMSA Price Performance

KOF opened at $84.77 on Friday. Coca-Cola FEMSA, S.A.B. de C.V. has a 12-month low of $72.68 and a 12-month high of $102.28. The company has a current ratio of 1.14, a quick ratio of 0.94 and a debt-to-equity ratio of 0.47. The business’s fifty day simple moving average is $78.64 and its 200-day simple moving average is $82.89. The company has a market capitalization of $142.47 billion, a price-to-earnings ratio of 14.39, a PEG ratio of 0.61 and a beta of 0.83.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Citigroup upgraded Coca-Cola FEMSA from a “neutral” rating to a “buy” rating and increased their target price for the stock from $93.00 to $102.00 in a research note on Tuesday, October 29th. StockNews.com upgraded Coca-Cola FEMSA from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, November 5th. Finally, Barclays dropped their price target on Coca-Cola FEMSA from $110.00 to $108.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 30th. Six equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $104.75.

Coca-Cola FEMSA Profile

Coca-Cola FEMSA, SAB. de C.V., a franchise bottler, produces, markets, sells, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Brazil, Argentina, and Uruguay. The company offers sparkling beverages, including colas and flavored sparkling beverages; waters; other non-carbonated beverages comprising juice drinks, coffee, teas, milk, value-added dairy products, sports and energy drinks, and plant-based drinks; and alcoholic beverages, such as hard seltzer under the Topo Chico brand name.