XTX Topco Ltd Takes Position in Coca-Cola Consolidated, Inc. (NASDAQ:COKE)

XTX Topco Ltd purchased a new position in shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE - Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 413 shares of the company's stock, valued at approximately $544,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Millennium Management LLC boosted its holdings in shares of Coca-Cola Consolidated by 1,308.6% in the second quarter. Millennium Management LLC now owns 172,788 shares of the company's stock valued at $187,475,000 after acquiring an additional 160,521 shares in the last quarter. State Street Corp lifted its position in Coca-Cola Consolidated by 18.4% in the third quarter. State Street Corp now owns 172,409 shares of the company's stock valued at $226,959,000 after purchasing an additional 26,752 shares during the period. International Assets Investment Management LLC boosted its holdings in Coca-Cola Consolidated by 74,390.2% in the 3rd quarter. International Assets Investment Management LLC now owns 152,705 shares of the company's stock valued at $201,021,000 after purchasing an additional 152,500 shares in the last quarter. Vaughan Nelson Investment Management L.P. increased its position in Coca-Cola Consolidated by 88.0% during the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 112,156 shares of the company's stock worth $121,689,000 after purchasing an additional 52,491 shares during the period. Finally, Wallace Capital Management Inc. acquired a new position in Coca-Cola Consolidated during the 2nd quarter worth approximately $90,404,000. Institutional investors and hedge funds own 48.24% of the company's stock.

Coca-Cola Consolidated Price Performance

Shares of COKE traded down $10.97 during mid-day trading on Friday, hitting $1,269.74. The company's stock had a trading volume of 20,526 shares, compared to its average volume of 50,282. The company has a current ratio of 2.47, a quick ratio of 2.15 and a debt-to-equity ratio of 1.39. Coca-Cola Consolidated, Inc. has a 1-year low of $800.76 and a 1-year high of $1,376.84. The firm has a market capitalization of $11.12 billion, a P/E ratio of 22.10 and a beta of 0.88. The firm has a 50-day simple moving average of $1,255.31 and a 200 day simple moving average of $1,202.42.

Coca-Cola Consolidated (NASDAQ:COKE - Get Free Report) last released its earnings results on Wednesday, October 30th. The company reported $18.81 EPS for the quarter. Coca-Cola Consolidated had a return on equity of 46.94% and a net margin of 7.81%. The company had revenue of $1.77 billion during the quarter.

About Coca-Cola Consolidated

Coca-Cola Consolidated, Inc, together with its subsidiaries, manufactures, markets, and distributes nonalcoholic beverages primarily products of The Coca-Cola Company in the United States. The company offers sparkling beverages; and still beverages, including energy products, as well as noncarbonated beverages comprising bottled water, ready to drink coffee and tea, enhanced water, juices, and sports drinks.