Jefferies Doubles Down on KO with 890.6% Stake Increase
Jefferies Financial Group Inc. significantly increased its stake in Coca-Cola Company (The) during the second quarter, according to filings with the Securities and Exchange Commission.
The institutional investor lifted its position by 890.6% during the period, purchasing an additional 139,269 shares of KO stock.
This increase brought Jefferies Financial Group Inc.'s holdings in Coca-Cola to 154,907 shares, valued at $12,589,000.
Other institutional investors also made notable changes to their positions in the company during the second quarter, including Triton Financial Group Inc., which bought a new stake worth approximately $3,301,000.