Healthcare of Ontario Pension Plan Trust Fund Invests $2.24 Million in Coca-Cola Consolidated, Inc. (NASDAQ:COKE)

Healthcare of Ontario Pension Plan Trust Fund acquired a new position in 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 institutional investor acquired 1,702 shares of the company's stock, valued at approximately $2,241,000.

Several other institutional investors have also recently made changes to their positions in COKE. Millennium Management LLC boosted its position in Coca-Cola Consolidated by 1,308.6% in the 2nd quarter. Millennium Management LLC now owns 172,788 shares of the company's stock worth $187,475,000 after purchasing an additional 160,521 shares in the last quarter. International Assets Investment Management LLC lifted its stake in shares of 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 valued at $201,021,000 after purchasing an additional 152,500 shares during the period. Vaughan Nelson Investment Management L.P. boosted its holdings in Coca-Cola Consolidated by 88.0% during the second 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 in the last quarter. Wallace Capital Management Inc. acquired a new stake in shares of Coca-Cola Consolidated during the 2nd quarter valued at about $90,404,000. Finally, AQR Capital Management LLC grew its holdings in Coca-Cola Consolidated by 18.3% in the second quarter. AQR Capital Management LLC now owns 75,035 shares of the company's stock valued at $80,363,000 after purchasing an additional 11,587 shares during the period. Hedge funds and other institutional investors own 48.24% of the company's stock.

Coca-Cola Consolidated Price Performance

NASDAQ COKE traded down $8.11 on Friday, hitting $1,304.29. The company had a trading volume of 16,404 shares, compared to its average volume of 38,219. 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 $11.43 billion, a PE ratio of 22.70 and a beta of 0.85. Coca-Cola Consolidated, Inc. has a 12-month low of $720.55 and a 12-month high of $1,376.84. The company's fifty day moving average price is $1,257.14 and its 200-day moving average price is $1,181.64.

Coca-Cola Consolidated (NASDAQ:COKE - Get Free Report) last released its earnings results on Wednesday, October 30th. The company reported $18.81 EPS for the quarter. The business 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

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.