Birinyi Associates Inc. lowered its stake in The Coca-Cola Company ( NYSE:KO – Get Rating ) by 22.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,245 shares of the company's stock after selling 2,150 shares during the period. Birinyi Associates Inc.'s holdings in Coca-Cola were worth $461,000 at the end of the most recent quarter. A number of other hedge funds and other institutional investors have also made changes to their positions in KO.

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