Icon Wealth Advisors LLC Purchases 558 Shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE)

Icon Wealth Advisors LLC boosted its holdings in shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE - Free Report) by 516.7% in the third quarter, according to its most recent filing with the SEC. The firm owned 666 shares of the company's stock after acquiring an additional 558 shares during the period. Icon Wealth Advisors LLC's holdings in Coca-Cola Consolidated were worth $877,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Vanguard Group Inc. boosted its stake in Coca-Cola Consolidated by 5.3% during the 1st quarter. Vanguard Group Inc. now owns 608,875 shares of the company's stock worth $515,358,000 after acquiring an additional 30,443 shares during the last quarter. CANADA LIFE ASSURANCE Co boosted its position in shares of Coca-Cola Consolidated by 1.0% during the first quarter. CANADA LIFE ASSURANCE Co now owns 2,851 shares of the company's stock worth $2,406,000 after purchasing an additional 28 shares in the last quarter. EntryPoint Capital LLC acquired a new position in shares of Coca-Cola Consolidated in the 1st quarter valued at $30,000. Lazard Asset Management LLC increased its position in shares of Coca-Cola Consolidated by 3.0% in the 1st quarter. Lazard Asset Management LLC now owns 15,571 shares of the company's stock valued at $13,179,000 after buying an additional 452 shares in the last quarter. Finally, Magnetar Financial LLC acquired a new stake in Coca-Cola Consolidated during the 1st quarter worth $668,000. 48.24% of the stock is currently owned by institutional investors.

Coca-Cola Consolidated Trading Up 1.1 %

NASDAQ:COKE traded up $13.74 on Friday, reaching $1,259.92. The company's stock had a trading volume of 26,141 shares, compared to its average volume of 41,677. Coca-Cola Consolidated, Inc. has a 1-year low of $716.80 and a 1-year high of $1,376.84. The business's 50-day moving average price is $1,252.44 and its two-hundred day moving average price is $1,167.78. The firm has a market cap of $11.04 billion, a PE ratio of 21.93 and a beta of 0.85. The company has a debt-to-equity ratio of 1.39, a quick ratio of 2.15 and a current ratio of 2.47.

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. Coca-Cola Consolidated had a return on equity of 46.94% and a net margin of 7.81%. The business had revenue of $1.77 billion for the quarter.

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.