National Bank of Canada FI Acquires 1,791 Shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE)

National Bank of Canada FI lifted its stake in shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE - Free Report) by 351.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,300 shares of the company's stock after purchasing an additional 1,791 shares during the quarter. National Bank of Canada FI's holdings in Coca-Cola Consolidated were worth $3,028,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the stock. Millennium Management LLC grew 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 purchasing an additional 160,521 shares during the period. International Assets Investment Management LLC grew its holdings 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 valued at $201,021,000 after buying an additional 152,500 shares during the last quarter. Wallace Capital Management Inc. bought a new stake in shares of Coca-Cola Consolidated during the second quarter worth about $90,404,000. Vaughan Nelson Investment Management L.P. increased its position in shares of 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 acquiring an additional 52,491 shares in the last quarter. Finally, Los Angeles Capital Management LLC raised its holdings in shares of Coca-Cola Consolidated by 1,271.0% in the 2nd quarter. Los Angeles Capital Management LLC now owns 32,067 shares of the company's stock worth $34,793,000 after acquiring an additional 29,728 shares during the last quarter. 48.24% of the stock is currently owned by institutional investors and hedge funds.

Coca-Cola Consolidated Stock Down 0.9 %

Shares of NASDAQ COKE traded down $10.97 during trading on Friday, hitting $1,269.74. The stock had a trading volume of 20,526 shares, compared to its average volume of 50,282. Coca-Cola Consolidated, Inc. has a 12 month low of $800.76 and a 12 month high of $1,376.84. 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 firm has a fifty day moving average of $1,255.31 and a two-hundred day moving average of $1,202.42. The company has a market capitalization of $11.12 billion, a PE ratio of 22.10 and a beta of 0.88.

Coca-Cola Consolidated (NASDAQ:COKE - Get Free Report) last posted its quarterly earnings results on Wednesday, October 30th. The company reported $18.81 earnings per share for the quarter. Coca-Cola Consolidated had a net margin of 7.81% and a return on equity of 46.94%. The company had revenue of $1.77 billion during the quarter.

Coca-Cola Consolidated 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.