Old Point Trust & Financial Services N A Increased Position in Coca (KO) as Shares Rose; Tdam Usa Raised Caseys Gen Stores (CASY) Stake by $643,194 as Stock Price Rose

Casey's General Stores, Inc. (NASDAQ:CASY) Logo

Old Point Trust & Financial Services N A increased its stake in Coca (KO) by 24.68% based on its latest 2018Q3 regulatory filing with the SEC. Old Point Trust & Financial Services N A bought 11,519 shares as the company’s stock rose 6.90% while stock markets declined. The institutional investor held 58,186 shares of the beverages (production and distribution) company at the end of 2018Q3, valued at $2.53 million, up from 46,667 at the end of the previous reported quarter. Old Point Trust & Financial Services N A who had been investing in Coca for a number of months, seems to be bullish on the $211.49B market cap company. The stock increased 0.05% or $0.03 during the last trading session, reaching $49.69. About 8.64 million shares traded. The Coca-Cola Company (NYSE:KO) has risen 7.56% since February 13, 2018 and is uptrending. It has outperformed by 7.56% the S&P500. Some Historical KO News: 24/04/2018 – COCA-COLA SEES FY CAPEX $1.9B; 02/05/2018 – COCA-COLA ICECEK 1Q LOSS 46M LIRAS, EST. LOSS 67.4M LIRAS; 24/04/2018 – COCA-COLA CO QTRLY ORGANIC REVENUES (NON-GAAP) GREW 5%; 20/04/2018 – COCA-COLA ICECEK AS CCOLA.IS INAUGURATES ITS 6TH PRODUCTION PLANT IN PAKISTAN IN FAISALABAD; 14/03/2018 – Billboard: Maluma Joins Jason Derulo on Coca-Cola’s 2018 World Cup Song; 24/04/2018 – Coca-Cola CEO says ‘willingness to be bolder’ paid off in first quarter; 07/03/2018 – Coca-Cola is launching the first alcoholic drink in its history with a canned liquor product in Japan; 27/03/2018 – Cloudwords introduces Adobe Experience Manager 6.4 integration available in Cloudwords Marketplace; 08/03/2018 – @petenajarian may be basking in sunny Hawaii, but that’s not stopping him from giving his Fast Pitch on $KO; 20/03/2018 – MONSTER BEVERAGE – ENTERED AMENDMENT TO AGREEMENT BETWEEN CO, NEW LASER MERGER, COCA-COLA COMPANY, EUROPEAN REFRESHMENTS – SEC FILING

Tdam Usa Inc increased its stake in Caseys Gen Stores Inc (CASY) by 45.41% based on its latest 2018Q3 regulatory filing with the SEC. Tdam Usa Inc bought 4,986 shares as the company’s stock rose 2.47% while stock markets declined. The institutional investor held 15,965 shares of the consumer durables company at the end of 2018Q3, valued at $2.06M, up from 10,979 at the end of the previous reported quarter. Tdam Usa Inc who had been investing in Caseys Gen Stores Inc for a number of months, seems to be bullish on the $4.84 billion market cap company. The stock decreased 0.02% or $0.03 during the last trading session, reaching $132.28. About 132,847 shares traded. Casey's General Stores, Inc. (NASDAQ:CASY) has declined 3.23% since February 13, 2018 and is downtrending. It has underperformed by 3.23% the S&P500. Some Historical CASY News: 07/03/2018 – CASEYS GENERAL STORES INC – EXPECTS THE CUMULATIVE SAVINGS OF STORE-LEVEL OPERATING EXPENDITURES TO BE $200 MILLION BY FY 2021; 07/03/2018 – CASEY’S APPOINTMENT OF THREE NEW INDEPENDENT DIRECTORS; 07/03/2018 – Casey’s General Stores Adopts Governance Changes Consistent With Best Practices; 07/03/2018 – CASEY’S GENERAL STORES ANNOUNCES BOARD REFRESHMENT WITH APPOINTMENT OF THREE NEW INDEPENDENT DIRECTORS AND NEW BOARD LEADERSHIP; 07/03/2018 – Casey’s General Stores Names H. Lynn Horak as the New Chairma; 10/04/2018 – Casey’s Appoints New Board Member; 07/03/2018 – Casey’s General Stores Announces Bd Refreshment With Appointment of Three New Independent Directors and New Bd Leadership; 17/05/2018 – Casey’s activists may look for support –; 07/03/2018 – Casey’s General Stores 3Q Same-Store Gallons Sold Rose 3.8% With Average Margin of 18.6c/Gallon; 07/03/2018 – Casey’s General Stores Has Authorized a New $300 M Shr Repurchase Program Through Fiscal Yr 2020

Old Point Trust & Financial Services N A, which manages about $177.08M US Long portfolio, decreased its stake in Amgen Inc (NASDAQ:AMGN) by 2,195 shares to 25,712 shares, valued at $4.38M in 2018Q3, according to the filing.

More notable recent The Coca-Cola Company (NYSE:KO) news were published by: Seekingalpha.com which released: “Coca-Cola closes on Chi deal – Seeking Alpha” on January 30, 2019, also Benzinga.com with their article: “Boeing Company (The) (NYSE:BA), Berkshire Hathaway Inc. (NYSE:BRK-B) – How To Approach Q4 Earnings: The Analyst Perspective – Benzinga” published on January 31, 2019, Investorplace.com published: “10 Best Dividend Stocks to Buy for the Next 10 Months – Investorplace.com” on February 08, 2019. More interesting news about The Coca-Cola Company (NYSE:KO) were released by: Bizjournals.com and their article: “Coca-Cola (NYSE: KO) plans to build new project near Orlando – Orlando Business Journal – Orlando Business Journal” published on January 24, 2019 as well as Investorplace.com‘s news article titled: “KO is Climbing Toward $48.50 – Investorplace.com” with publication date: December 31, 2018.

Investors sentiment increased to 0.82 in Q3 2018. Its up 0.08, from 0.74 in 2018Q2. It increased, 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. 391,429 were accumulated by Bokf Na. Davy Asset Mngmt Limited accumulated 11,000 shares. Jane Street Group Incorporated Ltd owns 82,295 shares or 0.01% of their US portfolio. 7.08 million were reported by Troy Asset Management. Los Angeles Capital Mngmt Equity Rech Inc owns 1.89M shares for 0.46% of their portfolio. Regents Of The University Of California invested 1.62% in The Coca-Cola Company (NYSE:KO). Rfg Advisory Grp Limited Liability Corp invested in 56,055 shares or 0.68% of the stock. Eaton Vance Mgmt invested in 6.79M shares. 205,049 were accumulated by Zeke Cap Advisors Limited. Moreover, Salient Tru Lta has 2.75% invested in The Coca-Cola Company (NYSE:KO) for 534,036 shares. Mcrae Management reported 4,677 shares. First Quadrant Ltd Partnership Ca invested in 0.01% or 12,158 shares. Robeco Institutional Asset Mgmt Bv holds 0.68% or 3.49M shares. Yhb Advsr owns 29,620 shares for 0.21% of their portfolio. Moreover, Neuberger Berman Gp Lc has 0.13% invested in The Coca-Cola Company (NYSE:KO).

Since October 24, 2018, it had 0 insider purchases, and 13 sales for $20.97 million activity. HAYS ED sold 91,000 shares worth $4.43 million. On Tuesday, November 6 the insider DINKINS JAMES L sold $450,340. Perez Beatriz R sold $479,800 worth of The Coca-Cola Company (NYSE:KO) on Wednesday, October 31. Another trade for 43,000 shares valued at $2.06M was made by SMITH BRIAN JOHN on Wednesday, October 31. $729,768 worth of The Coca-Cola Company (NYSE:KO) shares were sold by LONG ROBERT EDWARD. 54,200 shares were sold by CRESPO FRANCISCO, worth $2.63 million on Monday, November 5.

Among 23 analysts covering Coca-Cola (NYSE:KO), 14 have Buy rating, 0 Sell and 9 Hold. Therefore 61% are positive. Coca-Cola had 84 analyst reports since July 21, 2015 according to SRatingsIntel. Jefferies maintained the stock with “Hold” rating in Tuesday, September 5 report. The rating was maintained by JP Morgan on Tuesday, February 20 with “Neutral”. As per Friday, November 10, the company rating was maintained by RBC Capital Markets. The stock of The Coca-Cola Company (NYSE:KO) has “Buy” rating given on Thursday, October 22 by UBS. Jefferies maintained The Coca-Cola Company (NYSE:KO) on Thursday, January 4 with “Hold” rating. Credit Suisse initiated the shares of KO in report on Friday, September 16 with “Neutral” rating. The rating was upgraded by Credit Suisse on Wednesday, April 19 to “Outperform”. The stock of The Coca-Cola Company (NYSE:KO) earned “Market Perform” rating by BMO Capital Markets on Wednesday, June 7. The rating was maintained by Stifel Nicolaus on Monday, September 18 with “Hold”. The firm has “Buy” rating given on Tuesday, August 1 by RBC Capital Markets.

Since September 12, 2018, it had 0 insider buys, and 5 sales for $2.29 million activity. Shares for $210,048 were sold by SUMMERS CINDI WEBB on Thursday, September 13. Johnson Brian Joseph also sold $191,145 worth of Casey's General Stores, Inc. (NASDAQ:CASY) shares. Shares for $395,400 were sold by HANDLEY TERRY W.

Investors sentiment decreased to 0.76 in Q3 2018. Its down 0.24, from 1 in 2018Q2. It worsened, as 23 investors sold CASY shares while 104 reduced holdings. 44 funds opened positions while 53 raised stakes. 31.91 million shares or 4.65% less from 33.47 million shares in 2018Q2 were reported. Rhumbline Advisers holds 73,224 shares. Keybank Natl Association Oh stated it has 18,359 shares. The Nebraska-based Farmers & Merchants has invested 0% in Casey's General Stores, Inc. (NASDAQ:CASY). Jefferies Group Inc Limited Co reported 5,495 shares. New Mexico Educational Retirement Board holds 0.04% or 8,800 shares in its portfolio. Mason Street Limited Liability holds 0.05% or 18,795 shares. Utd Svcs Automobile Association has 5,613 shares. Signaturefd Limited Liability holds 0% in Casey's General Stores, Inc. (NASDAQ:CASY) or 59 shares. Wells Fargo Mn accumulated 136,102 shares. Citadel Advisors Ltd Liability has invested 0.01% in Casey's General Stores, Inc. (NASDAQ:CASY). Moreover, Speece Thorson Group Incorporated has 3.09% invested in Casey's General Stores, Inc. (NASDAQ:CASY) for 103,068 shares. Ameritas Inv Partners has invested 0.11% of its portfolio in Casey's General Stores, Inc. (NASDAQ:CASY). State Of Alaska Department Of Revenue reported 6,098 shares. Lvm Limited Mi holds 0.15% or 5,020 shares in its portfolio. Royal Fincl Bank Of Canada invested in 0.01% or 165,619 shares.

Tdam Usa Inc, which manages about $16.26B and $1.65 billion US Long portfolio, decreased its stake in Credit Accep Corp Mich (NASDAQ:CACC) by 2,049 shares to 1,409 shares, valued at $617,000 in 2018Q3, according to the filing. It also reduced its holding in Discover Finl Svcs (NYSE:DFS) by 7,180 shares in the quarter, leaving it with 77,616 shares, and cut its stake in Visa Inc (NYSE:V).

Casey's General Stores, Inc. (NASDAQ:CASY) Institutional Positions Chart