Ontario Teachers Pension Plan Board cut its position in shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE - Free Report) by 36.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 1,073 shares of the company's stock after selling 603 shares during the quarter. Ontario Teachers Pension Plan Board's holdings in Coca-Cola Consolidated were worth $1,412,000 as of its most recent filing with the SEC.
Other institutional investors have also modified their holdings of the company. V Square Quantitative Management LLC acquired a new stake in shares of Coca-Cola Consolidated during the third quarter valued at approximately $37,000. EntryPoint Capital LLC purchased a new position in Coca-Cola Consolidated during the 1st quarter worth approximately $30,000. UMB Bank n.a. raised its stake in Coca-Cola Consolidated by 41.9% during the 3rd quarter. UMB Bank n.a. now owns 44 shares of the company's stock valued at $58,000 after purchasing an additional 13 shares during the period. Strategic Investment Solutions Inc. IL purchased a new stake in shares of Coca-Cola Consolidated in the second quarter valued at $62,000. Finally, GAMMA Investing LLC boosted its position in shares of Coca-Cola Consolidated by 137.0% in the second quarter. GAMMA Investing LLC now owns 64 shares of the company's stock worth $69,000 after buying an additional 37 shares during the period. Institutional investors and hedge funds own 48.24% of the company's stock.
Coca-Cola Consolidated Stock Up 0.6 %
COKE traded up $7.56 on Thursday, reaching $1,245.52. 8,355 shares of the company traded hands, compared to its average volume of 51,387. Coca-Cola Consolidated, Inc. has a 52-week low of $716.80 and a 52-week 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 company has a market cap of $10.91 billion, a price-to-earnings ratio of 21.54 and a beta of 0.85. The stock's 50 day moving average price is $1,253.68 and its 200-day moving average price is $1,164.42.
Coca-Cola Consolidated (NASDAQ:COKE - Get Free Report) last issued its quarterly earnings data 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 during the quarter.
Coca-Cola Consolidated Company Profile
(
Free Report)
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.
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