Coca-Cola Consolidated, Inc. (NASDAQ:COKE) Position Increased by James Investment Research Inc.

James Investment Research Inc. grew its holdings in shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE - Free Report) by 34.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,825 shares of the company's stock after purchasing an additional 470 shares during the period. James Investment Research Inc.'s holdings in Coca-Cola Consolidated were worth $2,299,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. State Street Corp grew its position in shares of Coca-Cola Consolidated by 18.4% during the third quarter. State Street Corp now owns 172,409 shares of the company's stock worth $226,959,000 after acquiring an additional 26,752 shares during the last quarter. International Assets Investment Management LLC grew its position in shares of Coca-Cola Consolidated by 74,390.2% during the third quarter. International Assets Investment Management LLC now owns 152,705 shares of the company's stock worth $201,021,000 after acquiring an additional 152,500 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Coca-Cola Consolidated by 16.3% during the third quarter. Geode Capital Management LLC now owns 124,456 shares of the company's stock worth $163,868,000 after acquiring an additional 17,408 shares during the last quarter. Allspring Global Investments Holdings LLC grew its position in shares of Coca-Cola Consolidated by 151.1% during the third quarter. Allspring Global Investments Holdings LLC now owns 20,596 shares of the company's stock worth $27,113,000 after acquiring an additional 12,393 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its position in shares of Coca-Cola Consolidated by 8.2% during the third quarter. JPMorgan Chase & Co. now owns 19,173 shares of the company's stock worth $25,239,000 after acquiring an additional 1,453 shares during the last quarter. 48.24% of the stock is owned by institutional investors and hedge funds.

Coca-Cola Consolidated Stock Performance

Shares of Coca-Cola Consolidated stock traded up $32.93 during trading on Thursday, hitting $1,442.65. 45,283 shares of the stock were exchanged, compared to its average volume of 38,990. The stock's fifty day moving average is $1,318.12 and its 200 day moving average is $1,289.45. The stock has a market cap of $12.64 billion, a PE ratio of 25.11 and a beta of 0.89. 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, Inc. has a 12 month low of $800.76 and a 12 month high of $1,460.92.

Coca-Cola Consolidated (NASDAQ:COKE - Get Free Report) last announced its earnings results on Thursday, February 20th. The company reported $18.11 earnings per share (EPS) for the quarter. Coca-Cola Consolidated had a net margin of 7.81% and a return on equity of 46.94%.

Coca-Cola Consolidated Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 7th. Investors of record on Friday, January 24th were given a $2.50 dividend. The ex-dividend date was Friday, January 24th. This represents a $10.00 dividend on an annualized basis and a yield of 0.69%. Coca-Cola Consolidated's dividend payout ratio is presently 17.40%.

About Coca-Cola Consolidated

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.