Citigroup Inc. trimmed its position in Coca-Cola Consolidated, Inc. (NASDAQ:COKE - Free Report) by 8.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,864 shares of the company's stock after selling 986 shares during the quarter. Citigroup Inc. owned 0.12% of Coca-Cola Consolidated worth $14,301,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds also recently made changes to their positions in COKE. V Square Quantitative Management LLC bought a new stake in Coca-Cola Consolidated in the third quarter valued at $37,000. EverSource Wealth Advisors LLC boosted its holdings in Coca-Cola Consolidated by 102.9% in the first quarter. EverSource Wealth Advisors LLC now owns 69 shares of the company's stock valued at $57,000 after acquiring an additional 35 shares in the last quarter. UMB Bank n.a. boosted its holdings in Coca-Cola Consolidated by 41.9% in the third quarter. UMB Bank n.a. now owns 44 shares of the company's stock valued at $58,000 after acquiring an additional 13 shares in the last quarter. Strategic Investment Solutions Inc. IL bought a new stake in Coca-Cola Consolidated in the second quarter valued at $62,000. Finally, GAMMA Investing LLC boosted its holdings in Coca-Cola Consolidated by 137.0% in the second quarter. GAMMA Investing LLC now owns 64 shares of the company's stock valued at $69,000 after acquiring an additional 37 shares in the last quarter. 48.24% of the stock is owned by hedge funds and other institutional investors.
Coca-Cola Consolidated Trading Down 2.4 %
NASDAQ:COKE traded down $32.56 during trading hours on Thursday, hitting $1,312.40. The company had a trading volume of 33,192 shares, compared to its average volume of 51,343. The company has a market capitalization of $11.50 billion, a PE ratio of 22.84 and a beta of 0.85. The stock has a 50-day moving average price of $1,255.43 and a 200 day moving average price of $1,176.66. Coca-Cola Consolidated, Inc. has a 52 week low of $716.80 and a 52 week high of $1,376.84. The company has a debt-to-equity ratio of 1.39, a current ratio of 2.47 and a quick ratio of 2.15.
Coca-Cola Consolidated (NASDAQ:COKE - Get Free Report) last released its quarterly earnings results on Wednesday, October 30th. The company reported $18.81 earnings per share for the quarter. The business had revenue of $1.77 billion for 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
(
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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