Bridgewater Associates LP cut its stake in Coca-Cola Consolidated, Inc. (NASDAQ:COKE - Free Report) by 32.0% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 9,334 shares of the company's stock after selling 4,399 shares during the period. Bridgewater Associates LP owned approximately 0.11% of Coca-Cola Consolidated worth $12,287,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of the stock. V Square Quantitative Management LLC purchased a new stake in shares of Coca-Cola Consolidated during the 3rd quarter worth about $37,000. EverSource Wealth Advisors LLC grew its stake in Coca-Cola Consolidated by 102.9% during the first quarter. EverSource Wealth Advisors LLC now owns 69 shares of the company's stock worth $57,000 after buying an additional 35 shares during the period. UMB Bank n.a. grew its stake in Coca-Cola Consolidated by 41.9% during the third quarter. UMB Bank n.a. now owns 44 shares of the company's stock worth $58,000 after buying an additional 13 shares during the period. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Coca-Cola Consolidated in the second quarter worth $62,000. Finally, GAMMA Investing LLC raised its stake in shares of Coca-Cola Consolidated by 137.0% in the 2nd quarter. GAMMA Investing LLC now owns 64 shares of the company's stock valued at $69,000 after acquiring an additional 37 shares during the period. 48.24% of the stock is currently owned by hedge funds and other institutional investors.
Coca-Cola Consolidated Stock Down 0.6 %
Shares of NASDAQ:COKE traded down $8.11 during midday trading on Friday, hitting $1,304.29. 16,403 shares of the company's stock traded hands, compared to its average volume of 51,192. The firm's fifty day moving average price is $1,256.34 and its two-hundred day moving average price is $1,177.61. 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, Inc. has a twelve month low of $720.55 and a twelve month high of $1,376.84. The company has a market cap of $11.43 billion, a PE ratio of 22.84 and a beta of 0.85.
Coca-Cola Consolidated (NASDAQ:COKE - Get Free Report) last issued its quarterly earnings data 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 for the quarter.
Coca-Cola Consolidated Company 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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