Conning Increases Holding in Coca Cola Co (KO); Twitter (TWTR) Position Has Lifted by Millennium Management Llc

April 26, 2018 - By Vivian Currie

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Conning Inc increased its stake in Coca Cola Co (KO) by 3.71% based on its latest 2017Q4 regulatory filing with the SEC. Conning Inc bought 30,882 shares as the company’s stock declined 5.92% with the market. The institutional investor held 862,180 shares of the beverages (production and distribution) company at the end of 2017Q4, valued at $39.56 million, up from 831,298 at the end of the previous reported quarter. Conning Inc who had been investing in Coca Cola Co for a number of months, seems to be bullish on the $181.33 billion market cap company. The stock increased 0.21% or $0.09 during the last trading session, reaching $42.52. About 1.32 million shares traded. The Coca-Cola Company (NYSE:KO) has risen 1.35% since April 26, 2017 and is uptrending. It has underperformed by 10.20% the S&P500.

Israel Englander increased its stake in Twitter Inc (TWTR) by 1917.31% based on its latest 2017Q4 regulatory filing with the SEC. Millennium Management Llc bought 1.92 million shares as the company’s stock rose 14.76% while stock markets declined. The hedge fund run by Israel Englander held 2.02 million shares of the technology company at the end of 2017Q4, valued at $48.44M, up from 100,000 at the end of the previous reported quarter. Millennium Management Llc who had been investing in Twitter Inc for a number of months, seems to be bullish on the $23.11 billion market cap company. The stock increased 3.60% or $1.07 during the last trading session, reaching $30.82. About 9.82M shares traded. Twitter, Inc. (NYSE:TWTR) has risen 87.26% since April 26, 2017 and is uptrending. It has outperformed by 75.71% the S&P500.

Among 22 analysts covering Coca-Cola (NYSE:KO), 12 have Buy rating, 0 Sell and 10 Hold. Therefore 55% are positive. Coca-Cola had 76 analyst reports since July 21, 2015 according to SRatingsIntel. As per Tuesday, February 20, the company rating was maintained by BMO Capital Markets. The stock of The Coca-Cola Company (NYSE:KO) earned “Outperform” rating by Wells Fargo on Tuesday, November 14. The firm earned “Buy” rating on Thursday, December 21 by RBC Capital Markets. Cowen & Co maintained The Coca-Cola Company (NYSE:KO) on Friday, October 27 with “Hold” rating. The firm has “Buy” rating by Credit Suisse given on Friday, April 28. The stock has “Neutral” rating by Jefferies on Wednesday, April 19. As per Thursday, October 22, the company rating was maintained by UBS. The firm earned “Buy” rating on Thursday, April 21 by Citigroup. Barclays Capital reinitiated the stock with “Equal Weight” rating in Friday, August 7 report. Stifel Nicolaus maintained The Coca-Cola Company (NYSE:KO) rating on Monday, September 18. Stifel Nicolaus has “Hold” rating and $48.0 target.

Conning Inc, which manages about $80.03B and $3.03B US Long portfolio, decreased its stake in Travelers Companies Inc (NYSE:TRV) by 25,812 shares to 213,094 shares, valued at $28.90 million in 2017Q4, according to the filing. It also reduced its holding in Xilinx Inc (NASDAQ:XLNX) by 405,045 shares in the quarter, leaving it with 12,525 shares, and cut its stake in Automatic Data Processing In (NASDAQ:ADP).

Since January 16, 2018, it had 0 insider buys, and 5 sales for $6.52 million activity. LONG ROBERT EDWARD had sold 15,000 shares worth $719,250 on Wednesday, January 24. 84,400 shares valued at $4.01 million were sold by HAYS ED on Tuesday, January 23. $84,735 worth of stock was sold by MANN JENNIFER K on Monday, March 12. Waller Kathy N sold $1.07M worth of stock or 23,240 shares.

Investors sentiment increased to 0.91 in Q4 2017. Its up 0.11, from 0.8 in 2017Q3. It increased, 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. Triangle Secs Wealth has 0.14% invested in The Coca-Cola Company (NYSE:KO) for 5,398 shares. Sva Plumb Wealth Mgmt Ltd Liability accumulated 60,204 shares. Amica Pension Fund Board Of Trustees owns 0.74% invested in The Coca-Cola Company (NYSE:KO) for 139,933 shares. Neville Rodie And Shaw Incorporated holds 0.38% in The Coca-Cola Company (NYSE:KO) or 78,042 shares. Provident Investment Management Inc holds 0.16% in The Coca-Cola Company (NYSE:KO) or 22,000 shares. Cap Limited Ca invested 1.52% of its portfolio in The Coca-Cola Company (NYSE:KO). Sandhill Cap Partners Limited Liability holds 0.11% or 13,694 shares. Sentinel Lba stated it has 14,400 shares or 0.14% of all its holdings. Terril Brothers Inc reported 0.13% stake. Cypress Capital Group Incorporated owns 42,751 shares. Nottingham Advisors accumulated 4,596 shares. Beese Fulmer Invest Mngmt Inc holds 181,532 shares or 1.79% of its portfolio. Berkshire Asset Management Ltd Company Pa accumulated 429,793 shares. 21,505 are owned by Stearns Finance Services Group. Segment Wealth Mngmt Ltd reported 0.32% in The Coca-Cola Company (NYSE:KO).

Investors sentiment increased to 1.37 in Q4 2017. Its up 0.09, from 1.28 in 2017Q3. It is positive, as 48 investors sold TWTR shares while 116 reduced holdings. 86 funds opened positions while 138 raised stakes. 391.71 million shares or 9.95% more from 356.28 million shares in 2017Q3 were reported. Mackenzie Financial invested in 0% or 41,080 shares. Tradewinds Capital Mgmt Limited Liability Corp has 0.01% invested in Twitter, Inc. (NYSE:TWTR). Moreover, Utah Retirement Systems has 0.06% invested in Twitter, Inc. (NYSE:TWTR). Ruggie Capital Grp Incorporated holds 180 shares or 0% of its portfolio. Moneta Gru Inv Advsrs Ltd Liability Co holds 0% or 44 shares. Twin Tree Management LP invested 0.08% of its portfolio in Twitter, Inc. (NYSE:TWTR). The Connecticut-based Pier Capital Ltd Liability Company has invested 0.03% in Twitter, Inc. (NYSE:TWTR). Gilder Gagnon Howe & Ltd reported 0.02% in Twitter, Inc. (NYSE:TWTR). Hudock Capital Grp Ltd Liability Company owns 200 shares for 0% of their portfolio. Profund Advsr Limited Liability invested in 202,387 shares or 0.19% of the stock. Gulf Intll Natl Bank (Uk) Limited owns 198,987 shares. Balyasny Asset Mngmt Ltd Liability Corp stated it has 0% in Twitter, Inc. (NYSE:TWTR). 13,803 were reported by Alps. National Bank & Trust Of America Corp De stated it has 3.82 million shares or 0.02% of all its holdings. Accuvest Advisors invested in 228 shares.

Among 55 analysts covering Twitter (NYSE:TWTR), 12 have Buy rating, 12 Sell and 31 Hold. Therefore 22% are positive. Twitter had 231 analyst reports since July 23, 2015 according to SRatingsIntel. The stock of Twitter, Inc. (NYSE:TWTR) earned “Underperform” rating by Bank of America on Tuesday, July 25. The stock has “Sell” rating by Cowen & Co on Friday, July 28. The firm earned “Underweight” rating on Thursday, April 7 by Morgan Stanley. The rating was maintained by KeyBanc Capital Markets with “Hold” on Tuesday, October 3. The company was downgraded on Monday, July 11 by SunTrust. The rating was maintained by Barclays Capital on Thursday, February 11 with “Equal-Weight”. On Saturday, August 15 the stock rating was initiated by Jefferies with “Buy”. Jefferies maintained the shares of TWTR in report on Friday, October 27 with “Hold” rating. The stock of Twitter, Inc. (NYSE:TWTR) earned “Hold” rating by Evercore on Thursday, September 3. The firm earned “Market Perform” rating on Friday, October 27 by Wells Fargo.

Millennium Management Llc, which manages about $72.45 billion US Long portfolio, decreased its stake in B Riley Finl Inc by 19,167 shares to 100,000 shares, valued at $1.81M in 2017Q4, according to the filing. It also reduced its holding in Cno Finl Group Inc by 195,187 shares in the quarter, leaving it with 400,524 shares, and cut its stake in Versum Matls Inc.

Twitter, Inc. (NYSE:TWTR) Institutional Positions Chart

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