Mutual of America Capital Management LLC Acquires 474 Shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE)

Mutual of America Capital Management LLC raised its stake in Coca-Cola Consolidated, Inc. (NASDAQ:COKE - Free Report) by 8.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,939 shares of the company's stock after buying an additional 474 shares during the period. Mutual of America Capital Management LLC owned 0.07% of Coca-Cola Consolidated worth $7,818,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the company. Millennium Management LLC increased 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 valued at $187,475,000 after acquiring an additional 160,521 shares during the period. International Assets Investment Management LLC raised its position in Coca-Cola Consolidated by 74,390.2% during the 3rd quarter. International Assets Investment Management LLC now owns 152,705 shares of the company's stock worth $201,021,000 after purchasing an additional 152,500 shares during the last quarter. Wallace Capital Management Inc. acquired a new position in Coca-Cola Consolidated during the 2nd quarter worth about $90,404,000. Vaughan Nelson Investment Management L.P. grew its position in shares of 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 valued at $121,689,000 after buying an additional 52,491 shares during the last quarter. Finally, Vanguard Group Inc. grew its position in shares of Coca-Cola Consolidated by 5.3% in the 1st quarter. Vanguard Group Inc. now owns 608,875 shares of the company's stock valued at $515,358,000 after buying an additional 30,443 shares during the last quarter. Institutional investors and hedge funds own 48.24% of the company's stock.

Coca-Cola Consolidated Trading Up 0.7 %

Shares of COKE traded up $8.36 during mid-day trading on Tuesday, reaching $1,217.61. 11,167 shares of the company were exchanged, compared to its average volume of 51,618. The business has a 50 day simple moving average of $1,258.58 and a two-hundred day simple moving average of $1,158.70. The company has a debt-to-equity ratio of 1.39, a quick ratio of 2.15 and a current ratio of 2.47. The stock has a market capitalization of $10.67 billion, a PE ratio of 21.05 and a beta of 0.85. Coca-Cola Consolidated, Inc. has a 52 week low of $705.50 and a 52 week high of $1,376.84.

Coca-Cola Consolidated (NASDAQ:COKE - Get Free Report) last issued its quarterly 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 firm 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.