Benjamin Edwards Inc. purchased a new stake in Coca-Cola Consolidated, Inc. (NASDAQ:COKE - Free Report) during the third quarter, according to its most recent 13F filing with the SEC. The firm purchased 921 shares of the company's stock, valued at approximately $1,212,000.
A number of other institutional investors and hedge funds have also recently modified their holdings of the company. V Square Quantitative Management LLC acquired a new stake in Coca-Cola Consolidated in the third quarter worth about $37,000. UMB Bank n.a. grew its position in Coca-Cola Consolidated by 41.9% during the 3rd quarter. UMB Bank n.a. now owns 44 shares of the company's stock worth $58,000 after purchasing an additional 13 shares during the last quarter. Strategic Investment Solutions Inc. IL acquired a new position in Coca-Cola Consolidated during the 2nd quarter valued at approximately $62,000. GAMMA Investing LLC raised its holdings in shares of Coca-Cola Consolidated by 137.0% in the second quarter. GAMMA Investing LLC now owns 64 shares of the company's stock worth $69,000 after buying an additional 37 shares during the last quarter. Finally, Signaturefd LLC lifted its stake in shares of Coca-Cola Consolidated by 15.3% during the second quarter. Signaturefd LLC now owns 68 shares of the company's stock worth $74,000 after buying an additional 9 shares during the period. Hedge funds and other institutional investors own 48.24% of the company's stock.
Coca-Cola Consolidated Stock Performance
Shares of NASDAQ COKE traded down $26.84 during mid-day trading on Friday, hitting $1,290.72. The stock had a trading volume of 32,546 shares, compared to its average volume of 33,043. Coca-Cola Consolidated, Inc. has a twelve month low of $789.81 and a twelve month high of $1,376.84. The company has a 50 day moving average of $1,257.54 and a two-hundred day moving average of $1,193.93. The firm has a market cap of $11.31 billion, a PE ratio of 22.46 and a beta of 0.88. The company has a debt-to-equity ratio of 1.39, a quick ratio of 2.15 and a current ratio of 2.47.
Coca-Cola Consolidated (NASDAQ:COKE - Get Free Report) last posted its quarterly earnings data on Wednesday, October 30th. The company reported $18.81 earnings per share (EPS) for the quarter. Coca-Cola Consolidated had a return on equity of 46.94% and a net margin of 7.81%. The firm had revenue of $1.77 billion for the quarter.
Coca-Cola Consolidated Profile
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Free Report)
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.
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