Atria Wealth Solutions Inc. Sells 649 Shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE)

Atria Wealth Solutions Inc. reduced its holdings in shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE - Free Report) by 37.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,069 shares of the company's stock after selling 649 shares during the period. Atria Wealth Solutions Inc.'s holdings in Coca-Cola Consolidated were worth $1,347,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Newbridge Financial Services Group Inc. acquired a new stake in Coca-Cola Consolidated during the fourth quarter worth approximately $29,000. E Fund Management Hong Kong Co. Ltd. grew its position in shares of Coca-Cola Consolidated by 1,133.3% during the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 37 shares of the company's stock worth $47,000 after buying an additional 34 shares during the period. Allworth Financial LP increased its stake in shares of Coca-Cola Consolidated by 260.0% in the 4th quarter. Allworth Financial LP now owns 36 shares of the company's stock valued at $48,000 after acquiring an additional 26 shares in the last quarter. Wingate Wealth Advisors Inc. acquired a new position in shares of Coca-Cola Consolidated during the 4th quarter valued at $52,000. Finally, Wilmington Savings Fund Society FSB bought a new position in Coca-Cola Consolidated during the third quarter worth $72,000. 48.24% of the stock is owned by institutional investors.

Coca-Cola Consolidated Stock Up 2.0 %

Shares of COKE stock traded up $27.50 on Thursday, reaching $1,398.23. 35,174 shares of the company were exchanged, compared to its average volume of 39,578. The company has a debt-to-equity ratio of 1.39, a current ratio of 2.47 and a quick ratio of 2.15. The company has a 50-day moving average of $1,328.90 and a 200-day moving average of $1,293.51. The company has a market cap of $12.25 billion, a price-to-earnings ratio of 20.02 and a beta of 0.89. Coca-Cola Consolidated, Inc. has a one year low of $800.76 and a one year high of $1,460.92.

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Coca-Cola Consolidated (NASDAQ:COKE - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The company reported $18.11 EPS for the quarter. Coca-Cola Consolidated had a return on equity of 49.88% and a net margin of 9.18%. The firm had revenue of $1.75 billion during the quarter.

Coca-Cola Consolidated Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 7th. Shareholders of record on Friday, January 24th were paid a dividend of $2.50 per share. The ex-dividend date of this dividend was Friday, January 24th. This represents a $10.00 dividend on an annualized basis and a yield of 0.72%. Coca-Cola Consolidated's dividend payout ratio (DPR) is presently 14.32%.

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.