Molson Coors Beverage Company maintains a forward approach with regular quarterly dividend announcements. Two significant investment firms, Bessemer Group and Vanguard Group, amended their stakes in the company, with the former purchasing substantial shares and the latter lowering their stock holdings. Molson Coors enjoys robust support from institutions, with an 82% institutional ownership. The company's Q4 2023 earnings were disclosed, and plans for a webcast of their 2024 second quarter earnings conference call are underway. Their 2024 first quarter results were reported, as well as a plan to expedite growth, which was presented at their 2023 Strategy Day. A series of fluctuating stock performances were observed from underperforming market trends to outperforming the market. Barclays downgraded their rating to 'Underweight'. Significant investment positions exist, with Mutual of America Capital Management holding a $1.63 million position. They continue to expand by partnering with Yuengling, forming a joint venture to widen the geographic footprint of Yuengling Beers. Their revitalization plan was announced alongside their 2019 third quarter results.
Molson Coors Beverage Company Class B TAP News Analytics from Sat, 07 Jul 2018 07:00:00 GMT to Thu, 25 Jul 2024 21:20:00 GMT -
Rating 3
- Innovation -5
- Information 7
- Rumor -2
