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Welch & Forbes LLC Cuts Stake in $KO Amid Institutional Shift

Guavy AI Editorial Team
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KO
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Coca-Cola Company (The) $KO experienced a change in its stake by Welch & Forbes LLC, one of its institutional investors. The company disclosed to the SEC that Welch & Forbes LLC cut its stake in CocaCola by 3.9% in the 2nd quarter.

The institutional investor owned 270,059 shares of Coca-Cola's stock after selling 11,058 shares during the period. Welch & Forbes LLC's holdings in Coca-Cola were worth $21,948,000 as of its most recent SEC filing.

This is not an isolated incident. Other institutional investors have also added to or reduced their stakes in KO. For example, Eurizon SLJ Capital Ltd bought a new stake in Coca-Cola in the 4th quarter worth approximately $552,000.

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