Beacon Financial Group Has Lowered Its Coca Cola Co Com (KO) Position; Meritor (MTOR)’s Sentiment Is 1.41

April 13, 2018 - By Annabelle Johnson

Meritor, Inc. (NYSE:MTOR) Logo

Beacon Financial Group decreased Coca Cola Co Com (KO) stake by 20.4% reported in 2017Q4 SEC filing. Beacon Financial Group sold 37,342 shares as Coca Cola Co Com (KO)’s stock declined 5.92%. The Beacon Financial Group holds 145,691 shares with $6.68 million value, down from 183,033 last quarter. Coca Cola Co Com now has $187.77B valuation. The stock increased 0.09% or $0.04 during the last trading session, reaching $44.03. About 8.48 million shares traded. The Coca-Cola Company (NYSE:KO) has risen 1.35% since April 13, 2017 and is uptrending. It has underperformed by 10.20% the S&P500.

Meritor Inc (MTOR) investors sentiment decreased to 1.41 in Q4 2017. It’s down -0.37, from 1.78 in 2017Q3. The ratio worsened, as 124 hedge funds increased or opened new equity positions, while 88 sold and decreased their stakes in Meritor Inc. The hedge funds in our database now have: 80.86 million shares, down from 83.56 million shares in 2017Q3. Also, the number of hedge funds holding Meritor Inc in top ten equity positions decreased from 3 to 0 for a decrease of 3. Sold All: 30 Reduced: 58 Increased: 77 New Position: 47.

Among 22 analysts covering Coca-Cola (NYSE:KO), 12 have Buy rating, 1 Sell and 9 Hold. Therefore 55% are positive. Coca-Cola has $102 highest and $37 lowest target. $47.75’s average target is 8.45% above currents $44.03 stock price. Coca-Cola had 75 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Thursday, April 21 by UBS. The firm earned “Equal-Weight” rating on Thursday, October 26 by Morgan Stanley. BMO Capital Markets downgraded The Coca-Cola Company (NYSE:KO) rating on Wednesday, June 7. BMO Capital Markets has “Market Perform” rating and $46 target. The firm has “Buy” rating given on Thursday, December 21 by RBC Capital Markets. The rating was maintained by Credit Suisse with “Outperform” on Thursday, October 26. Barclays Capital reinitiated The Coca-Cola Company (NYSE:KO) rating on Friday, August 7. Barclays Capital has “Equal Weight” rating and $45 target. As per Tuesday, February 20, the company rating was maintained by Credit Suisse. As per Thursday, July 13, the company rating was maintained by Cowen & Co. The stock of The Coca-Cola Company (NYSE:KO) earned “Hold” rating by BMO Capital Markets on Wednesday, July 12. The stock of The Coca-Cola Company (NYSE:KO) has “Equal Weight” rating given on Monday, January 9 by Barclays Capital.

Beacon Financial Group increased Sanofi (NYSE:SNY) stake by 11,761 shares to 105,488 valued at $4.54 million in 2017Q4. It also upped Wisdomtree Tr (DON) stake by 136,810 shares and now owns 202,599 shares. Cvs Caremark Corporation (NYSE:CVS) was raised too.

Since January 16, 2018, it had 0 buys, and 5 sales for $6.52 million activity. Waller Kathy N sold $1.07 million worth of stock or 23,240 shares. Another trade for 84,400 shares valued at $4.01M was made by HAYS ED on Tuesday, January 23. LONG ROBERT EDWARD had sold 15,000 shares worth $719,250. Another trade for 1,883 shares valued at $84,735 was made by MANN JENNIFER K on Monday, March 12. MURPHY JOHN sold $631,572 worth of stock.

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. Gateway Advisers Lc holds 2.39M shares. Essex Financial Ser stated it has 0.54% in The Coca-Cola Company (NYSE:KO). The New York-based Allen Ops Limited Liability Corp has invested 1.04% in The Coca-Cola Company (NYSE:KO). Pub Employees Retirement Association Of Colorado reported 763,166 shares or 0.22% of all its holdings. Massachusetts Fincl Ser Ma holds 64,982 shares. Clinton Gru has invested 0.35% in The Coca-Cola Company (NYSE:KO). Mariner Wealth Advsrs Ltd Llc reported 0.19% of its portfolio in The Coca-Cola Company (NYSE:KO). 62,822 were accumulated by Private Trust Na. Tocqueville Asset LP invested in 793,949 shares or 0.41% of the stock. Birch Hill Investment Advsr Limited Liability Company holds 79,812 shares. 18,900 were reported by Sunbelt Securities. Lombard Odier Asset (Europe) Limited stated it has 0.13% of its portfolio in The Coca-Cola Company (NYSE:KO). Nordea Investment Ab reported 384,718 shares stake. 21,666 were reported by Altfest L J. Segment Wealth Mngmt Lc accumulated 0.32% or 28,488 shares.

Analysts await The Coca-Cola Company (NYSE:KO) to report earnings on April, 24. They expect $0.46 EPS, up 6.98% or $0.03 from last year’s $0.43 per share. KO’s profit will be $1.96B for 23.93 P/E if the $0.46 EPS becomes a reality. After $0.39 actual EPS reported by The Coca-Cola Company for the previous quarter, Wall Street now forecasts 17.95% EPS growth.

Ratings analysis reveals 100% of Meritor’s analysts are positive. Out of 2 Wall Street analysts rating Meritor, 2 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. MTOR was included in 2 notes of analysts from January 26, 2017. The stock of Meritor, Inc. (NYSE:MTOR) has “Buy” rating given on Thursday, January 26 by Stifel Nicolaus. On Tuesday, February 21 the stock rating was upgraded by KeyBanc Capital Markets to “Overweight”.

Towle & Co holds 2.91% of its portfolio in Meritor, Inc. for 1.26 million shares. Messner & Smith Theme Value Investment Management Ltd Ca owns 58,917 shares or 2.2% of their US portfolio. Moreover, Hennessy Advisors Inc has 1.02% invested in the company for 1.42 million shares. The Connecticut-based Matarin Capital Management Llc has invested 0.83% in the stock. Timpani Capital Management Llc, a Wisconsin-based fund reported 96,573 shares.

Since January 1, 0001, it had 0 insider buys, and 7 selling transactions for $8.51 million activity.

The stock increased 0.93% or $0.19 during the last trading session, reaching $20.6. About 397,795 shares traded. Meritor, Inc. (MTOR) has risen 25.65% since April 13, 2017 and is uptrending. It has outperformed by 14.10% the S&P500.

Meritor, Inc. (NYSE:MTOR) Institutional Positions Chart