Foundry Partners LLC trimmed its holdings in shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE - Free Report) by 92.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 472 shares of the company's stock after selling 5,766 shares during the period. Foundry Partners LLC's holdings in Coca-Cola Consolidated were worth $621,000 as of its most recent SEC filing.
Other large investors have also recently made changes to their positions in the company. Lazard Asset Management LLC grew its position in shares of Coca-Cola Consolidated by 3.0% during the 1st quarter. Lazard Asset Management LLC now owns 15,571 shares of the company's stock valued at $13,179,000 after acquiring an additional 452 shares during the period. Mutual of America Capital Management LLC boosted its holdings in Coca-Cola Consolidated by 8.7% in the 3rd quarter. Mutual of America Capital Management LLC now owns 5,939 shares of the company's stock worth $7,818,000 after buying an additional 474 shares during the period. International Assets Investment Management LLC boosted its holdings in Coca-Cola Consolidated by 74,390.2% in the 3rd quarter. International Assets Investment Management LLC now owns 152,705 shares of the company's stock worth $201,021,000 after buying an additional 152,500 shares during the period. Vaughan Nelson Investment Management L.P. boosted its holdings in Coca-Cola Consolidated by 88.0% in the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 112,156 shares of the company's stock worth $121,689,000 after buying an additional 52,491 shares during the period. Finally, EntryPoint Capital LLC bought a new position in Coca-Cola Consolidated in the 1st quarter worth $30,000. 48.24% of the stock is currently owned by hedge funds and other institutional investors.
Coca-Cola Consolidated Price Performance
Shares of NASDAQ COKE traded up $13.74 during mid-day trading on Friday, hitting $1,259.92. 26,141 shares of the company's stock traded hands, compared to its average volume of 41,677. The company's 50-day moving average is $1,252.44 and its two-hundred day moving average is $1,167.78. 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 market capitalization of $11.04 billion, a P/E ratio of 21.93 and a beta of 0.85. Coca-Cola Consolidated, Inc. has a 1 year low of $716.80 and a 1 year high of $1,376.84.
Coca-Cola Consolidated (NASDAQ:COKE - Get Free Report) last issued its earnings results on Wednesday, October 30th. The company reported $18.81 EPS for the quarter. Coca-Cola Consolidated had a net margin of 7.81% and a return on equity of 46.94%. The business had revenue of $1.77 billion for the quarter.
About Coca-Cola Consolidated
(
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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