Markowski Investments Takes Position in Coca-Cola Company Shares Worth $1,475,000
Markowski Investments has acquired a new position in Coca-Cola Company (The) (NYSE:KO - Free Report) shares, according to its most recent Form 13F filing with the Securities & Exchange Commission. In the 2nd quarter, the fund bought 18,155 shares of the company's stock, valued at approximately $1,475,000.
Other large investors have also added to or reduced their stakes in the company. Louisbourg Investments Inc. purchased a new stake in Coca-Cola in the first quarter worth approximately $25,000. Guardian Partners Inc. purchased a new stake in Coca-Cola in the 2nd quarter valued at $27,000.
Coca-Cola's global brands and pricing power are viewed as defenses against inflation and a weaker dollar. The company has extended its dividend-growth streak to 64 consecutive years, making it attractive to income-focused investors. Recent operating momentum remains supportive: second-quarter net revenue increased about 7% to $13.38 billion.