Churchill Management Cut Coca Cola Co Com (KO) Stake; Last Week Edwards Lifesciences (EW) Analysts

December 26, 2017 - By Shannon Black

Churchill Management Corp decreased Coca Cola Co Com (KO) stake by 4.75% reported in 2017Q3 SEC filing. Churchill Management Corp sold 19,800 shares as Coca Cola Co Com (KO)’s stock rose 6.48%. The Churchill Management Corp holds 397,333 shares with $17.88M value, down from 417,133 last quarter. Coca Cola Co Com now has $194.24 billion valuation. The stock decreased 0.02% or $0.01 during the last trading session, reaching $45.59. About 5.41 million shares traded. The Coca-Cola Company (NYSE:KO) has declined 0.95% since December 26, 2016 and is downtrending. It has underperformed by 17.65% the S&P500.

Among 27 analysts covering Edwards Lifesciences Corp (NYSE:EW), 20 have Buy rating, 1 Sell and 6 Hold. Therefore 74% are positive. Edwards Lifesciences Corp had 90 analyst reports since July 30, 2015 according to SRatingsIntel. The firm has “Equal-Weight” rating given on Thursday, April 7 by Barclays Capital. RBC Capital Markets maintained Edwards Lifesciences Corporation (NYSE:EW) rating on Monday, October 2. RBC Capital Markets has “Buy” rating and $130.0 target. The stock of Edwards Lifesciences Corporation (NYSE:EW) has “Equal-Weight” rating given on Thursday, July 27 by Barclays Capital. The company was maintained on Monday, July 10 by RBC Capital Markets. The stock of Edwards Lifesciences Corporation (NYSE:EW) has “Buy” rating given on Wednesday, July 27 by BTIG Research. Jefferies maintained it with “Buy” rating and $105 target in Monday, April 4 report. The firm has “Neutral” rating given on Thursday, June 9 by Guggenheim. The stock of Edwards Lifesciences Corporation (NYSE:EW) earned “Buy” rating by Stifel Nicolaus on Wednesday, April 26. Canaccord Genuity maintained it with “Buy” rating and $15500 target in Thursday, July 27 report. The firm has “Outperform” rating by Credit Suisse given on Monday, August 10. See Edwards Lifesciences Corporation (NYSE:EW) latest ratings:

08/12/2017 Broker: Cowen & Co Rating: Buy New Target: $135.0 Maintain
07/12/2017 Broker: Jefferies Rating: Buy New Target: $136.0 Maintain
08/12/2017 Broker: Canaccord Genuity Rating: Buy New Target: $140.0 Maintain
07/12/2017 Broker: BMO Capital Markets Rating: Buy New Target: $137.0 Maintain
04/12/2017 Broker: Leerink Swann Rating: Hold New Target: $120.0
29/11/2017 Broker: Canaccord Genuity Rating: Buy New Target: $137.0 Maintain
05/11/2017 Broker: RBC Capital Markets Rating: Buy New Target: $130.0 Maintain
26/10/2017 Broker: Deutsche Bank Rating: Hold Old Target: $122 New Target: $115 Maintain
26/10/2017 Broker: Morgan Stanley Rating: Overweight Old Target: $133 New Target: $120 Maintain
25/10/2017 Broker: Barclays Capital Rating: Equal-Weight Old Target: $120 New Target: $118 Maintain

Among 21 analysts covering Coca-Cola (NYSE:KO), 11 have Buy rating, 1 Sell and 9 Hold. Therefore 52% are positive. Coca-Cola has $102 highest and $37 lowest target. $47.23’s average target is 3.60% above currents $45.59 stock price. Coca-Cola had 66 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Deutsche Bank with “Buy” on Friday, September 25. The stock of The Coca-Cola Company (NYSE:KO) has “Buy” rating given on Thursday, December 21 by RBC Capital Markets. The stock has “Hold” rating by BMO Capital Markets on Wednesday, September 6. The stock of The Coca-Cola Company (NYSE:KO) has “Hold” rating given on Monday, July 24 by Jefferies. As per Thursday, October 26, the company rating was maintained by Morgan Stanley. On Friday, August 7 the stock rating was reinitiated by Barclays Capital with “Equal Weight”. The stock has “Hold” rating by Stifel Nicolaus on Monday, September 18. BMO Capital Markets downgraded The Coca-Cola Company (NYSE:KO) on Wednesday, June 7 to “Market Perform” rating. On Thursday, October 22 the stock rating was maintained by UBS with “Buy”. Jefferies maintained it with “Hold” rating and $4500 target in Tuesday, June 20 report.

Churchill Management Corp increased Ishares Tr Msci Eafe Etf (EFA) stake by 3.11M shares to 3.16 million valued at $216.64 million in 2017Q3. It also upped Microsoft Corp Com (NASDAQ:MSFT) stake by 5,553 shares and now owns 26,405 shares. Powershares Qqq Trust Unit Ser (QQQ) was raised too.

Analysts await The Coca-Cola Company (NYSE:KO) to report earnings on February, 13 before the open. They expect $0.38 EPS, up 2.70% or $0.01 from last year’s $0.37 per share. KO’s profit will be $1.62 billion for 29.99 P/E if the $0.38 EPS becomes a reality. After $0.50 actual EPS reported by The Coca-Cola Company for the previous quarter, Wall Street now forecasts -24.00% negative EPS growth.

Investors sentiment decreased to 0.8 in Q3 2017. Its down 0.14, from 0.94 in 2017Q2. It fall, as 48 investors sold KO shares while 641 reduced holdings. 94 funds opened positions while 456 raised stakes. 2.73 billion shares or 0.93% more from 2.70 billion shares in 2017Q2 were reported. Cibc Markets, a New York-based fund reported 865,231 shares. Griffin Asset Mngmt Inc has invested 1.31% of its portfolio in The Coca-Cola Company (NYSE:KO). New York-based Wg Shaheen & Assoc Dba Whitney & has invested 1.64% in The Coca-Cola Company (NYSE:KO). Hedeker Wealth Ltd Limited Liability Company holds 1.84% or 46,511 shares. Heritage Wealth has invested 0.41% of its portfolio in The Coca-Cola Company (NYSE:KO). Balasa Dinverno & Foltz Lc holds 9,579 shares. Balyasny Asset Mgmt Ltd Liability holds 0.18% or 1.01M shares in its portfolio. Armstrong Henry H invested in 260,546 shares. Levin Capital Strategies LP has invested 0.39% in The Coca-Cola Company (NYSE:KO). 22,724 are owned by John G Ullman And Associates Inc. Leavell Invest Incorporated owns 81,727 shares. Neville Rodie & Shaw Inc holds 76,916 shares. Apg Asset Nv invested in 6.57 million shares. Sequoia Fin Limited Liability Corp accumulated 33,806 shares. Granite Inv Prtn Ltd Liability holds 0.02% or 6,987 shares in its portfolio.

Since August 7, 2017, it had 0 buys, and 5 sales for $7.94 million activity. MANN JENNIFER K sold $402,235 worth of stock or 8,819 shares. Waller Kathy N sold $409,733 worth of The Coca-Cola Company (NYSE:KO) on Thursday, August 10. 28,232 shares were sold by RIVERA ALFREDO, worth $1.30M. SMITH BRIAN JOHN had sold 100,000 shares worth $4.61M on Tuesday, August 15. $1.21 million worth of The Coca-Cola Company (NYSE:KO) was sold by LONG ROBERT EDWARD on Friday, August 11.

The stock decreased 0.71% or $0.81 during the last trading session, reaching $112.49. About 917,133 shares traded. Edwards Lifesciences Corporation (NYSE:EW) has risen 15.41% since December 26, 2016 and is uptrending. It has underperformed by 1.29% the S&P500.

Edwards Lifesciences Corporation provides products and technologies to treat structural heart disease and critically ill patients worldwide. The company has market cap of $23.81 billion. It offers transcatheter heart valve therapy products comprising transcatheter aortic heart valves and their delivery systems for the nonsurgical replacement of heart valves. It has a 32.81 P/E ratio. The firm also provides surgical heart valve therapy products, such as pericardial valves for aortic and mitral replacement, and minimally invasive aortic heart valve system; and tissue heart valves and repair products, which are used to replace or repair a patientÂ’s diseased or defective heart valve.