Focused Investors Has Decreased Its Position in The Coca (KO) as Market Value Rose; As Transocean LTD (RIG) Stock Price Declined, Grantham Mayo Van Otterloo & Co Trimmed by $1.54 Million Its Holding

November 15, 2017 - By Marie Mckinney

Focused Investors Llc decreased its stake in The Coca (KO) by 18.82% based on its latest 2017Q2 regulatory filing with the SEC. Focused Investors Llc sold 420,400 shares as the company’s stock rose 6.48% with the market. The institutional investor held 1.81 million shares of the beverages (production and distribution) company at the end of 2017Q2, valued at $81.34 million, down from 2.23 million at the end of the previous reported quarter. Focused Investors Llc who had been investing in The Coca for a number of months, seems to be less bullish one the $202.08B market cap company. The stock declined 0.36% or $0.17 reaching $47.26 per share. About 99,429 shares traded. The Coca-Cola Co (NYSE:KO) has declined 0.95% since November 15, 2016 and is downtrending. It has underperformed by 17.65% the S&P500.

Grantham Mayo Van Otterloo & Co Llc decreased its stake in Transocean Ltd (RIG) by 89.43% based on its latest 2017Q2 regulatory filing with the SEC. Grantham Mayo Van Otterloo & Co Llc sold 193,000 shares as the company’s stock declined 20.06% while stock markets rallied. The institutional investor held 22,800 shares of the oil & gas production company at the end of 2017Q2, valued at $188,000, down from 215,800 at the end of the previous reported quarter. Grantham Mayo Van Otterloo & Co Llc who had been investing in Transocean Ltd for a number of months, seems to be less bullish one the $4.19B market cap company. The stock declined 2.24% or $0.24 reaching $10.47 per share. About 32,610 shares traded. Transocean LTD (NYSE:RIG) has risen 15.86% since November 15, 2016 and is uptrending. It has underperformed by 0.84% the S&P500.

Among 21 analysts covering Coca-Cola (NYSE:KO), 10 have Buy rating, 1 Sell and 10 Hold. Therefore 48% are positive. Coca-Cola had 63 analyst reports since July 21, 2015 according to SRatingsIntel. Barclays Capital initiated the stock with “Equal Weight” rating in Monday, January 9 report. Vetr upgraded The Coca-Cola Co (NYSE:KO) rating on Monday, August 31. Vetr has “Hold” rating and $41.14 target. RBC Capital Markets maintained the stock with “Buy” rating in Friday, October 6 report. The firm earned “Hold” rating on Thursday, September 29 by Stifel Nicolaus. The stock of The Coca-Cola Co (NYSE:KO) has “Buy” rating given on Friday, August 28 by Vetr. The stock of The Coca-Cola Co (NYSE:KO) earned “Buy” rating by UBS on Thursday, April 21. RBC Capital Markets maintained the stock with “Buy” rating in Tuesday, September 5 report. The firm earned “Neutral” rating on Friday, September 15 by Macquarie Research. The firm has “Buy” rating by Stifel Nicolaus given on Tuesday, January 12. Deutsche Bank maintained the shares of KO in report on Friday, September 25 with “Buy” rating.

Investors sentiment increased to 0.94 in Q2 2017. Its up 0.15, from 0.79 in 2017Q1. It increased, as 49 investors sold KO shares while 618 reduced holdings. 123 funds opened positions while 504 raised stakes. 2.70 billion shares or 1.07% more from 2.67 billion shares in 2017Q1 were reported. Viking Fund Management Limited Liability Corp holds 137,000 shares. Bonness Incorporated reported 1.29% in The Coca-Cola Co (NYSE:KO). Argent Trust owns 100,135 shares. 1832 Asset Lp stated it has 5.06 million shares or 1.03% of all its holdings. Beese Fulmer Inv Mngmt owns 1.95% invested in The Coca-Cola Co (NYSE:KO) for 182,503 shares. 14,972 were accumulated by First Heartland Consultants. Focused Investors Limited has invested 3.46% of its portfolio in The Coca-Cola Co (NYSE:KO). Cambridge, Iowa-based fund reported 327,968 shares. Holderness Invs Com holds 0.53% of its portfolio in The Coca-Cola Co (NYSE:KO) for 22,176 shares. Bridgecreek Mngmt Ltd Company owns 70,630 shares or 0.85% of their US portfolio. Longer Incorporated accumulated 48,305 shares. Aviva Public Lc owns 2.49M shares. Foster & Motley has 5,872 shares for 0.05% of their portfolio. Brandywine invested 0.63% in The Coca-Cola Co (NYSE:KO). Lynch Associate In holds 1.56% in The Coca-Cola Co (NYSE:KO) or 88,054 shares.

Since May 24, 2017, it had 0 insider purchases, and 2 insider sales for $17.26 million activity. Finan Irial had sold 354,146 shares worth $15.94 million on Wednesday, May 24.

More notable recent The Coca-Cola Co (NYSE:KO) news were published by: Benzinga.com which released: “The Buy And Hold Case For Coca-Cola” on November 14, 2017, also Investorplace.com with their article: “For Investors, the Coca-Cola Co Stock Is No Longer It” published on October 27, 2017, Benzinga.com published: “Bank Of America, Coca-Cola, Foot Locker, UPS: ‘Fast Money’ Picks For November 15” on November 15, 2017. More interesting news about The Coca-Cola Co (NYSE:KO) were released by: Bizjournals.com and their article: “Coca-Cola to lay off another 179 employees in Atlanta (Video)” published on November 10, 2017 as well as Investorplace.com‘s news article titled: “The Coca-Cola Co Stock Finally Hits a Headwind Despite Good Earnings” with publication date: October 26, 2017.

Analysts await The Coca-Cola Co (NYSE:KO) to report earnings on February, 8. 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 31.09 P/E if the $0.38 EPS becomes a reality. After $0.50 actual EPS reported by The Coca-Cola Co for the previous quarter, Wall Street now forecasts -24.00% negative EPS growth.

Grantham Mayo Van Otterloo & Co Llc, which manages about $18.12B US Long portfolio, upped its stake in Baxter Intl Inc (NYSE:BAX) by 28,600 shares to 103,000 shares, valued at $6.24M in 2017Q2, according to the filing. It also increased its holding in Time Warner Inc (NYSE:TWX) by 959,126 shares in the quarter, for a total of 1.24 million shares, and has risen its stake in Texas Instrs Inc (NASDAQ:TXN).

Analysts await Transocean LTD (NYSE:RIG) to report earnings on February, 22. They expect $-0.22 earnings per share, down 134.92% or $0.85 from last year’s $0.63 per share. After $0.16 actual earnings per share reported by Transocean LTD for the previous quarter, Wall Street now forecasts -237.50% negative EPS growth.

Among 39 analysts covering Transocean Ltd (NYSE:RIG), 14 have Buy rating, 9 Sell and 16 Hold. Therefore 36% are positive. Transocean Ltd had 96 analyst reports since August 7, 2015 according to SRatingsIntel. Barclays Capital maintained Transocean LTD (NYSE:RIG) rating on Monday, August 7. Barclays Capital has “Underweight” rating and $9 target. As per Monday, September 28, the company rating was upgraded by Deutsche Bank. The stock of Transocean LTD (NYSE:RIG) earned “Neutral” rating by Goldman Sachs on Wednesday, August 9. On Friday, August 12 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. The stock of Transocean LTD (NYSE:RIG) earned “Hold” rating by Cowen & Co on Tuesday, September 5. The firm has “Outperform” rating by Credit Suisse given on Friday, February 3. The stock of Transocean LTD (NYSE:RIG) has “Sell” rating given on Tuesday, October 20 by Citigroup. The stock has “Hold” rating by Canaccord Genuity on Thursday, September 15. The rating was downgraded by Bernstein to “Market Perform” on Thursday, July 6. Arctic Securities upgraded Transocean LTD (NYSE:RIG) rating on Thursday, January 5. Arctic Securities has “Buy” rating and $19 target.

More notable recent Transocean LTD (NYSE:RIG) news were published by: Globenewswire.com which released: “Transocean Ltd. Announces Closing of US $750 Million Offering of Senior …” on October 17, 2017, also Seekingalpha.com with their article: “Transocean Won’t Be Cheap For Long” published on November 07, 2017, Globenewswire.com published: “Transocean Ltd. Announces Two-Year Contract for Ultra-Deepwater Drillship …” on October 17, 2017. More interesting news about Transocean LTD (NYSE:RIG) were released by: Seekingalpha.com and their article: “Transocean: Deepwater Oil Is Looking To Finally Rebound” published on November 14, 2017 as well as Seekingalpha.com‘s news article titled: “Is The Recent Plunge Of Transocean Justified?” with publication date: October 23, 2017.

Investors sentiment increased to 1.25 in Q2 2017. Its up 0.02, from 1.23 in 2017Q1. It is positive, as 52 investors sold RIG shares while 105 reduced holdings. 58 funds opened positions while 138 raised stakes. 260.14 million shares or 5.99% more from 245.44 million shares in 2017Q1 were reported. Texas Permanent School Fund holds 0.01% in Transocean LTD (NYSE:RIG) or 109,873 shares. Rocky Mountain Advisers Ltd Liability accumulated 1,000 shares. X Com Limited Liability Com reported 0% of its portfolio in Transocean LTD (NYSE:RIG). Tiaa Cref Invest Mgmt Ltd invested in 0.01% or 2.47 million shares. Kistler invested 0% of its portfolio in Transocean LTD (NYSE:RIG). Swiss Bank & Trust invested in 649,830 shares or 0.01% of the stock. Raymond James Serv Advsrs holds 49,298 shares or 0% of its portfolio. Moreover, Penn Capital Mgmt Inc has 0.12% invested in Transocean LTD (NYSE:RIG). Hbk LP invested in 536,100 shares. Parkside Bancorporation And Trust owns 98 shares for 0% of their portfolio. 95,420 are held by Jpmorgan Chase &. Piedmont Invest reported 283,454 shares stake. Citadel Llc owns 2.87M shares for 0.02% of their portfolio. Moreover, First Republic Invest Mgmt has 0% invested in Transocean LTD (NYSE:RIG) for 10,590 shares. 169,281 are owned by Wellington Grp Llp.

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