EP Wealth Advisors LLC purchased a new position in Coca-Cola Consolidated, Inc. (NASDAQ:COKE - Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 612 shares of the company's stock, valued at approximately $806,000.
Other hedge funds have also recently modified their holdings of the company. V Square Quantitative Management LLC purchased a new stake in Coca-Cola Consolidated during the third quarter valued at approximately $37,000. UMB Bank n.a. lifted its position in Coca-Cola Consolidated by 41.9% during 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 during the last quarter. Strategic Investment Solutions Inc. IL purchased a new position in shares of Coca-Cola Consolidated in the second quarter worth $62,000. Signaturefd LLC raised its holdings in shares of Coca-Cola Consolidated by 15.3% in 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 last quarter. Finally, Hollencrest Capital Management raised its holdings in shares of Coca-Cola Consolidated by 119.0% in the second quarter. Hollencrest Capital Management now owns 92 shares of the company's stock worth $100,000 after buying an additional 50 shares during the last quarter. 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 $3.61 during midday trading on Wednesday, reaching $1,271.33. The company had a trading volume of 36,101 shares, compared to its average volume of 50,528. The business's 50-day simple moving average is $1,256.08 and its 200 day simple moving average is $1,199.44. The stock has a market cap of $11.14 billion, a P/E ratio of 22.19 and a beta of 0.88. Coca-Cola Consolidated, Inc. has a 1 year low of $800.76 and a 1 year high of $1,376.84. The company has a current ratio of 2.47, a quick ratio of 2.15 and a debt-to-equity ratio of 1.39.
Coca-Cola Consolidated (NASDAQ:COKE - Get Free Report) last released its quarterly earnings data on Wednesday, October 30th. The company reported $18.81 earnings per share for the quarter. The firm 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 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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