In recent news, the **Molson Coors Beverage Company Class B (TAP)** has displayed noteworthy activity. Future financial updates are scheduled; the company will webcast their 2024 Fourth Quarter and Full Year Earnings Conference Call, as well as a 2023 strategy day which should provide investors more insight into the company's long-term growth and financial perspective. Other significant events include their acquisition of **ZOA Energy Brand**, as part of an initiative to expand their 'Better-For-You' Portfolio. A declaration of a quarterly dividend of $0.44 and a late 2024 stock surge indicated positive reception from market participants. Interestingly, institutional investors account for a large portion of the company's shareholders, with holding percentages ranging from 76-83%. However, mixed market performance reports have also occurred. Pivots to trading plans and risk controls are underway. Analysts from UBS group downgraded the company's price target to $58.00, despite Principal Financial Group Inc. and Wealth Enhancement Advisory Services LLC increasing their holdings. Finally, there was leadership transition news from their Canadian branch, with a tentative positive response from the market.
Molson Coors Beverage Company Class B TAP News Analytics from Tue, 19 Jun 2018 07:00:00 GMT to Fri, 17 Jan 2025 21:16:01 GMT -
Rating 5
- Innovation -5
- Information 9
- Rumor -1
