Meyer Handelman Co Has Decreased Its Coca Cola Co Com (KO) Stake by $1.75 Million as Valuation Rose; Matrix Asset Advisors Has Boosted Goldman Sachs Group (GS) Holding by $623,168

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Meyer Handelman Co decreased its stake in Coca Cola Co Com (KO) by 11.21% based on its latest 2018Q3 regulatory filing with the SEC. Meyer Handelman Co sold 38,000 shares as the company’s stock rose 6.90% while stock markets declined. The institutional investor held 301,000 shares of the beverages (production and distribution) company at the end of 2018Q3, valued at $13.90 million, down from 339,000 at the end of the previous reported quarter. Meyer Handelman Co who had been investing in Coca Cola Co Com for a number of months, seems to be less bullish one the $210.86 billion market cap company. The stock increased 0.08% or $0.04 during the last trading session, reaching $49.54. About 4.82M shares traded. The Coca-Cola Company (NYSE:KO) has risen 7.56% since February 11, 2018 and is uptrending. It has outperformed by 7.56% the S&P500. Some Historical KO News: 26/04/2018 – S&P Lowers Coca-Cola Rating to ‘A+’ From ‘AA-‘; 24/04/2018 – COCA-COLA CO – COMPANY IS ON TRACK TO DELIVER FULL YEAR TARGETS; 30/05/2018 – Ben Shanley, Senior Vice President, National Foodservice Operations at Coca-Cola North America, Receives IFMA’s Distinguished F; 24/04/2018 – COCA-COLA CFO: EXPECT FULL YEAR EPS TO BE DRIVEN BY 2H; 24/04/2018 – Diet Coke revamp adds flavour to Coca-Cola results; 07/03/2018 – Something’s Brewing: Coca-Cola Plans Its First Alcoholic Drink; 14/03/2018 – Billboard: Maluma Joins Jason Derulo on Coca-Cola’s 2018 World Cup Song; 26/03/2018 – COCA-COLA BOTTLERS JAPAN HOLDINGS TO END REPORTING WITH SEC; 24/04/2018 – Coca-Cola 1Q Latin America Unit Case Volume Up 1%; 24/04/2018 – Coke warns of pain from UK sugar tax, U.S. freight costs

Matrix Asset Advisors Inc increased its stake in Goldman Sachs Group Inc (GS) by 6.41% based on its latest 2018Q3 regulatory filing with the SEC. Matrix Asset Advisors Inc bought 2,782 shares as the company’s stock declined 22.89% with the market. The institutional investor held 46,160 shares of the finance company at the end of 2018Q3, valued at $10.35M, up from 43,378 at the end of the previous reported quarter. Matrix Asset Advisors Inc who had been investing in Goldman Sachs Group Inc for a number of months, seems to be bullish on the $72.93 billion market cap company. The stock decreased 0.11% or $0.21 during the last trading session, reaching $191.46. About 1.04 million shares traded. The Goldman Sachs Group, Inc. (NYSE:GS) has declined 28.05% since February 11, 2018 and is downtrending. It has underperformed by 28.05% the S&P500. Some Historical GS News: 17/04/2018 – Goldman Sachs 1Q EPS $6.95; 12/03/2018 – A Goldman Exec Picks His Favorite New York Dining Spots; 07/05/2018 – Goldman Sells In-House Cybersecurity Software to Tech Company; 16/03/2018 – Goldman tells its clients to buy high growth companies at reasonable valuations; 01/05/2018 – GOLDMAN’S WALDRON SAYS TAX REFORM THROWS GASOLINE ON M&A FIRE; 29/05/2018 – Medtronic at Goldman Sachs Global Health Care Conference Jun 12; 12/03/2018 – Goldman Sachs’ Heir Apparent: David Solomon (Video); 08/05/2018 – WestRock at Goldman Sachs Basic Materials Conference May 16; 06/03/2018 – EURAZEO – PLACEMENT STARTS IMMEDIATELY AND WILL BE MANAGED BY GOLDMAN SACHS INTERNATIONAL ACTING AS BOOKRUNNER; 17/04/2018 – GOLDMAN STILL EXAMINING CREDIT CARDS, WEALTH MANAGEMENT, RETIREMENT PRODUCTS, PERSONAL FINANCE FOR EXPANSION -CFO

Matrix Asset Advisors Inc, which manages about $977.80 million and $626.90M US Long portfolio, decreased its stake in United Parcel Service Inc (NYSE:UPS) by 4,287 shares to 83,845 shares, valued at $9.79 million in 2018Q3, according to the filing. It also reduced its holding in Pepsico Inc (NYSE:PEP) by 5,323 shares in the quarter, leaving it with 167,384 shares, and cut its stake in Eaton Corp Plc (NYSE:ETN).

Since December 26, 2018, it had 0 buys, and 1 sale for $2.61 million activity.

More notable recent The Goldman Sachs Group, Inc. (NYSE:GS) news were published by: Globenewswire.com which released: “CLASS ACTION UPDATE for GS, XRAY, AGN and DXC: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders – GlobeNewswire” on February 03, 2019, also Globenewswire.com with their article: “The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of GS, APHA, VALE and TYME – GlobeNewswire” published on January 29, 2019, Seekingalpha.com published: “Goldman’s Solomon gets $23M compensation in 2018 with a catch – Seeking Alpha” on February 01, 2019. More interesting news about The Goldman Sachs Group, Inc. (NYSE:GS) were released by: Gurufocus.com and their article: “Tweedy Browne Buys Goldman Sachs, Boosts Berkshire Hathaway in 4th Quarter – GuruFocus.com” published on February 08, 2019 as well as Globenewswire.com‘s news article titled: “CLASS ACTION UPDATE for GS, ARLO, XRAY and AGN: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders – GlobeNewswire” with publication date: February 06, 2019.

Investors sentiment increased to 1.2 in 2018 Q3. Its up 0.17, from 1.03 in 2018Q2. It improved, as 43 investors sold GS shares while 343 reduced holdings. 99 funds opened positions while 366 raised stakes. 252.31 million shares or 2.19% less from 257.97 million shares in 2018Q2 were reported. Highland Mgmt Ltd Liability Company invested in 0.77% or 47,890 shares. 1,113 were accumulated by Segall Bryant And Hamill Ltd Com. West Family Invs holds 39,400 shares. Voya Invest Mgmt Ltd Liability Corporation owns 0.08% invested in The Goldman Sachs Group, Inc. (NYSE:GS) for 164,217 shares. Bluecrest Capital Mgmt holds 0.01% or 1,631 shares in its portfolio. Ibm Retirement Fund holds 0.34% or 6,543 shares in its portfolio. Tradewinds Capital Mngmt Ltd Liability holds 0.01% or 67 shares. Aviance Partners Ltd Liability Com, Florida-based fund reported 12,711 shares. Pictet North America Advsr Sa invested in 2,718 shares or 0.08% of the stock. Caz LP accumulated 2,370 shares. Louisiana State Employees Retirement Systems owns 0.2% invested in The Goldman Sachs Group, Inc. (NYSE:GS) for 20,500 shares. Baldwin Brothers Ma holds 0% or 25 shares in its portfolio. Loomis Sayles LP holds 0.16% or 361,279 shares in its portfolio. Parsons Cap Incorporated Ri holds 3,869 shares or 0.09% of its portfolio. Rudman Errol M holds 1.7% or 20,340 shares in its portfolio.

Among 33 analysts covering Goldman Sachs Group Inc. (NYSE:GS), 13 have Buy rating, 2 Sell and 18 Hold. Therefore 39% are positive. Goldman Sachs Group Inc. has $335 highest and $140 lowest target. $253.06’s average target is 32.17% above currents $191.46 stock price. Goldman Sachs Group Inc. had 118 analyst reports since July 21, 2015 according to SRatingsIntel. UBS maintained The Goldman Sachs Group, Inc. (NYSE:GS) rating on Friday, January 6. UBS has “Buy” rating and $285 target. The firm has “Buy” rating given on Monday, August 24 by Vetr. The stock of The Goldman Sachs Group, Inc. (NYSE:GS) has “Buy” rating given on Wednesday, June 7 by Keefe Bruyette & Woods. The firm has “Buy” rating given on Tuesday, July 18 by Oppenheimer. Rafferty upgraded The Goldman Sachs Group, Inc. (NYSE:GS) on Monday, October 17 to “Buy” rating. Atlantic Securities downgraded The Goldman Sachs Group, Inc. (NYSE:GS) on Wednesday, December 21 to “Neutral” rating. The firm has “Buy” rating given on Monday, October 12 by Sandler O’Neill. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Tuesday, September 26 report. The stock of The Goldman Sachs Group, Inc. (NYSE:GS) earned “Neutral” rating by UBS on Friday, October 16. On Wednesday, November 21 the stock rating was downgraded by Morgan Stanley to “Equal-Weight”.

Investors sentiment increased to 0.82 in Q3 2018. Its up 0.08, from 0.74 in 2018Q2. It improved, as 44 investors sold KO shares while 618 reduced holdings. 116 funds opened positions while 424 raised stakes. 2.69 billion shares or 0.38% less from 2.70 billion shares in 2018Q2 were reported. Scotia holds 278,457 shares. Balasa Dinverno & Foltz Limited Com owns 8,523 shares. Van Cleef Asset Managementinc, Ohio-based fund reported 7,775 shares. 872,868 were accumulated by Baillie Gifford. 33,745 are held by Burney. United Kingdom-based Lombard Odier Asset Management (Europe) Limited has invested 0.13% in The Coca-Cola Company (NYSE:KO). Pnc Service Gru invested 0.31% of its portfolio in The Coca-Cola Company (NYSE:KO). Thomasville Comml Bank accumulated 2.13% or 287,034 shares. Hanson Mcclain reported 15,786 shares stake. Piedmont Invest Advsrs Inc accumulated 253,813 shares. Canandaigua Retail Bank And holds 92,564 shares or 0.76% of its portfolio. Rockland Trust Communication reported 114,535 shares. Goelzer Invest Management owns 5,792 shares. Round Table Serv Lc invested 0.3% in The Coca-Cola Company (NYSE:KO). Heritage Invsts Mgmt holds 0.9% of its portfolio in The Coca-Cola Company (NYSE:KO) for 337,039 shares.

More notable recent The Coca-Cola Company (NYSE:KO) news were published by: Seekingalpha.com which released: “Coca-Cola signs plastic waste deal – Seeking Alpha” on December 13, 2018, also Investorplace.com with their article: “KO is Climbing Toward $48.50 – Investorplace.com” published on December 31, 2018, Seekingalpha.com published: “Coca-Cola: What Happens When You Pay 24 Times Earnings? – Seeking Alpha” on November 11, 2018. More interesting news about The Coca-Cola Company (NYSE:KO) were released by: Seekingalpha.com and their article: “Coca-Cola’s Dividend Growth Could Double – Seeking Alpha” published on September 18, 2018 as well as Seekingalpha.com‘s news article titled: “Is Coke’s Share Price Too High? – Seeking Alpha” with publication date: September 26, 2018.

Analysts await The Coca-Cola Company (NYSE:KO) to report earnings on February, 15. They expect $0.42 EPS, up 7.69% or $0.03 from last year’s $0.39 per share. KO’s profit will be $1.79B for 29.49 P/E if the $0.42 EPS becomes a reality. After $0.58 actual EPS reported by The Coca-Cola Company for the previous quarter, Wall Street now forecasts -27.59% negative EPS growth.

Among 23 analysts covering Coca-Cola (NYSE:KO), 14 have Buy rating, 0 Sell and 9 Hold. Therefore 61% are positive. Coca-Cola has $102 highest and $37 lowest target. $47.99’s average target is -3.13% below currents $49.54 stock price. Coca-Cola had 84 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Equal-Weight” rating by Morgan Stanley given on Friday, December 16. The rating was downgraded by Wells Fargo to “Market Perform” on Thursday, January 19. The stock of The Coca-Cola Company (NYSE:KO) earned “Hold” rating by BMO Capital Markets on Friday, February 16. Jefferies maintained The Coca-Cola Company (NYSE:KO) on Tuesday, June 20 with “Hold” rating. The firm has “Buy” rating given on Monday, January 28 by Goldman Sachs. Susquehanna maintained The Coca-Cola Company (NYSE:KO) on Wednesday, July 26 with “Hold” rating. The firm earned “Hold” rating on Tuesday, August 22 by Cowen & Co. The firm has “Equal-Weight” rating by Morgan Stanley given on Thursday, October 26. On Monday, January 8 the stock rating was maintained by Cowen & Co with “Hold”. The stock has “Buy” rating by UBS on Thursday, October 22.

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