Cerity Partners LLC acquired 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 filing with the Securities & Exchange Commission. The firm acquired 651 shares of the company's stock, valued at approximately $857,000.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. V Square Quantitative Management LLC acquired a new position in Coca-Cola Consolidated in the 3rd quarter valued at about $37,000. UMB Bank n.a. raised its position in shares of Coca-Cola Consolidated by 41.9% during the 3rd quarter. UMB Bank n.a. now owns 44 shares of the company's stock valued at $58,000 after buying an additional 13 shares during the period. Strategic Investment Solutions Inc. IL acquired a new position in Coca-Cola Consolidated in the second quarter valued at approximately $62,000. GAMMA Investing LLC grew its position in 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 acquiring an additional 37 shares during the period. Finally, Signaturefd LLC increased its stake in 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 acquiring an additional 9 shares during the last quarter. Institutional investors and hedge funds own 48.24% of the company's stock.
Coca-Cola Consolidated Trading Down 2.0 %
Shares of NASDAQ COKE traded down $26.84 during mid-day trading on Friday, reaching $1,290.72. 32,542 shares of the company's stock were exchanged, compared to its average volume of 50,738. The company's 50-day moving average is $1,257.64 and its 200-day moving average is $1,190.06. The company has a debt-to-equity ratio of 1.39, a quick ratio of 2.15 and a current ratio of 2.47. The firm has a market capitalization of $11.31 billion, a price-to-earnings ratio of 22.93 and a beta of 0.88. Coca-Cola Consolidated, Inc. has a 52-week low of $789.81 and a 52-week high of $1,376.84.
Coca-Cola Consolidated (NASDAQ:COKE - Get Free Report) last announced its earnings results on Wednesday, October 30th. The company reported $18.81 earnings per share for the quarter. The company had revenue of $1.77 billion during the quarter. Coca-Cola Consolidated had a net margin of 7.81% and a return on equity of 46.94%.
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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