Jane Street Group LLC Sells 8,430 Shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE)

Jane Street Group LLC trimmed its holdings in shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE - Free Report) by 26.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,621 shares of the company's stock after selling 8,430 shares during the period. Jane Street Group LLC owned about 0.27% of Coca-Cola Consolidated worth $31,095,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in COKE. V Square Quantitative Management LLC bought a new position in shares of Coca-Cola Consolidated in the third quarter valued at approximately $37,000. UMB Bank n.a. boosted its position in shares of Coca-Cola Consolidated by 41.9% in 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 period. Strategic Investment Solutions Inc. IL bought a new position in shares of Coca-Cola Consolidated in the second quarter valued at approximately $62,000. Signaturefd LLC boosted its position in shares of Coca-Cola Consolidated by 15.3% in the second quarter. Signaturefd LLC now owns 68 shares of the company's stock valued at $74,000 after acquiring an additional 9 shares during the period. Finally, Hollencrest Capital Management boosted its position 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 valued at $100,000 after acquiring an additional 50 shares during the period. Hedge funds and other institutional investors own 48.24% of the company's stock.

Coca-Cola Consolidated Price Performance

Shares of COKE stock traded down $13.68 during trading hours on Monday, reaching $1,277.04. The stock had a trading volume of 25,198 shares, compared to its average volume of 50,698. The stock's fifty day simple moving average is $1,257.54 and its 200 day simple moving average is $1,195.31. 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, Inc. has a 12 month low of $800.76 and a 12 month high of $1,376.84. The firm has a market capitalization of $11.19 billion, a PE ratio of 22.46 and a beta of 0.88.

Coca-Cola Consolidated (NASDAQ:COKE - Get Free Report) last announced its earnings results on Wednesday, October 30th. The company reported $18.81 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%. The business had revenue of $1.77 billion during 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.