What’s The Smart Money Think About The Coca-Cola Company (KO)?

Page 1 of 2

The Coca-Cola Company (NYSE:KO) hasn’t had an amazing 2013, but it’s a stalwart, as simple as that. As long as hedge fund AUMs stay in the billions, a mega-cap with solid appreciation and dividends will be a money manager’s best friend. Let’s see how the hedgies were treating it last quarter.

At the moment, there are many methods shareholders can use to monitor their holdings. A duo of the best are hedge fund and insider trading movement. At Insider Monkey, our studies have shown that, historically, those who follow the top picks of the elite hedge fund managers can outclass the broader indices by a significant amount (see just how much).

Just as key, positive insider trading sentiment is another way to analyze the marketplace. Just as you’d expect, there are many stimuli for an upper level exec to sell shares of his or her company, but only one, very simple reason why they would initiate a purchase. Several empirical studies have demonstrated the useful potential of this strategy if investors understand where to look (learn more here).

Furthermore, it’s important to analyze the newest info for The Coca-Cola Company (NYSE:KO).

The Coca-Cola Company (NYSE:KO)

What does the smart money think about The Coca-Cola Company (NYSE:KO)?

In preparation for the third quarter, a total of 56 of the hedge funds we track were bullish in this stock, a change of -5% from the first quarter. With hedgies’ positions undergoing their usual ebb and flow, there exists a select group of notable hedge fund managers who were increasing their holdings meaningfully.

As The Coca-Cola Company (NYSE:KO) has witnessed bearish sentiment from the entirety of the hedge funds we track, it’s safe to say that there is a sect of money managers that slashed their positions entirely at the end of the second quarter. At the top of the heap, Andrew Sandler’s Sandler Capital Management said goodbye to the biggest position of the 450+ funds we track, comprising close to $16.2 million in stock. Larry Foley and Paul Farrell’s fund, Bronson Point Partners, also said goodbye to its stock, about $15.4 million worth. These transactions are important to note, as total hedge fund interest dropped by 3 funds at the end of the second quarter.

What have insiders been doing with The Coca-Cola Company (NYSE:KO)?

Legal insider trading, particularly when it’s bullish, is best served when the company in focus has seen transactions within the past half-year. Over the latest half-year time frame, The Coca-Cola Company (NYSE:KO) has experienced 1 unique insiders buying, and 11 insider sales (see the details of insider trades here).

We’ll check out the relationship between both of these indicators in other stocks similar to The Coca-Cola Company (NYSE:KO). These stocks are Dr Pepper Snapple Group Inc. (NYSE:DPS), Coca-Cola HBC S.A. (ADR) (NYSE:CCH), Coca-Cola Enterprises Inc (NYSE:CCE), Coca-Cola FEMSA, S.A.B. de C.V. (ADR) (NYSE:KOF), and PepsiCo, Inc. (NYSE:PEP). This group of stocks are in the beverages – soft drinks industry and their market caps resemble KO’s market cap.

Page 1 of 2
blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

5 Retirement Mistakes To Avoid (and Einstein’s Famous Quote)

11 Smartest People in the World

6 Films About the Financial World You Need To Watch (While “The Wolf” is Not Around)

Warren Buffett and Billionaires Are Crazy About These 7 Stocks

The Top 10 States With Fastest Internet Speeds

10 Best Places to Visit in USA in August

Top 10 Cities to Visit Before You Die

Top 10 Genetically Modified Food In the US

15 Highest Grossing Movies Opening Weekend

5 Best Poker Books For Beginners

10 Strategies Hedge Funds Use to Make Huge Returns

Top 10 Fast Food Franchises to Buy

10 Best Places to Visit in Canada

Best Summer Jobs for Teachers

10 Youngest Hedge Fund Billionaires

Top 10 One Hit Wonders of the 90s

Fastest Growing Cities In America

Top 10 U.S. Cities for Freelancers

Top 9 Most Popular Free iPhone Apps

Top 10 Least Expensive Private Business Schools in the US

Top 15 Most Expensive Countries in the World – 2014

Top Businesses to Invest In

Top 5 Things You Might Be Doing Wrong With Your Business

Top 5 Strategic Technology Trends in 2014

Top Rags to Riches Stories

Parenting Behavior That Promotes Future Leaders

Top 5 Mistakes Made by Small Businesses

Top 5 Most Common and Potentially Devastating Financial Blunders

Top 5 Highest Paying Jobs for Web Designers

Top 6 Most Respected Professions that Also Pay Well

Top 5 Pitfalls Investors Should Avoid

Top 6 Lawyers and Policy Makers Under 30

Top 6 New Year’s Resolutions for Entrepreneurs

Top 7 Locations to Check in on Facebook

Top 5 Mistakes made by Rookie eBay Sellers

Top 7 eBook Publishers in 2013

Top 6 Health Industry Trends in 2014

5 Lessons for Entrepreneurs from Seth Godin

Top 5 Success Tips from Jordan Belfort – the Wolf of Wall Street

Best Master’s in Finance Degree Programs

Top 6 Earning Celebrities Over 50

The most expensive sports to play

Top 7 Earning Celebrities Under 25

Best 7 Online Courses to Take: Free Finance MOOCs

Top 6 Bad Habits that Promote Failure

20 Most Valuable Soccer Teams in the World in 2013

12 Most Expensive Countries for Foreign Students

Top 30 Most Influential Women in the World

Top 20 Most Expensive New Year Eve Shows

Top 5 Best Vocational Careers

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!