Boston, MA 08/19/2014 (wallstreetpr) – Sometimes 13F filings can tell a lot of things that are otherwise not possible for one to know. The latest example of it is the move of Bridgewater Associates. The 13F filing clearly shows that Bridgewater Associates has a major holding of The Coca-Cola Company (NYSE:KO).
Background of Bridgewater Associates:
It is one of the largest hedge fund companies of the world. When it comes to the financial performance, it was the best hedge fund for consecutively two years in 2010-11. The company went aggressively behind KO in past and got excellent results as well.
Why KO:
The major question in front of all the experts is that why Bridgewater Associates wants to chase KO so aggressively. Well, some of the points supporting this statement are as follows-
- KO has been reliable in terms of dividends since the inception. Those who are associated with KO can explain the best as why should investors tap on its back every time. Since past 94 years, it has been giving significant return to all the investors on a regular basis.
- The yield figure was recorded as 2.9% recently. The company has been able to give average 8% hike in yield over the past five years.
- There are more than 17 brands that KO deals with as of now and each brand generates more than $1billion sales annually.
- The sales network of KO Coca-Cola Company (NYSE:KO) is spread over 200 countries, and territories with daily 1.9 billion servings distributed.
One other news that has got the attention of a lot of people is about KO’s participation in Barclays Capital Back-To-School Consumer Conference. According to reports, the conference will be held in Boston on Thursday, Sept. 4, 2014. Two representatives of Coca-Cola Company (NYSE:KO) will take part in the conference. Management has decided to send President and Executive Vice President of International Business, Ahmet Bozer, and Chief Executive Officer and Executive Vice President, Kathy Waller, to this conference.
