Verition Fund Management LLC Sells 896 Shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE)

Verition Fund Management LLC reduced its stake in Coca-Cola Consolidated, Inc. (NASDAQ:COKE - Free Report) by 85.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 157 shares of the company's stock after selling 896 shares during the period. Verition Fund Management LLC's holdings in Coca-Cola Consolidated were worth $207,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently bought and sold shares of the company. Signaturefd LLC lifted its holdings 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 purchasing an additional 9 shares in the last quarter. UMB Bank n.a. lifted its position in shares of 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 buying an additional 13 shares during the last quarter. CWM LLC grew its stake in shares of Coca-Cola Consolidated by 17.4% during the 2nd quarter. CWM LLC now owns 101 shares of the company's stock worth $110,000 after acquiring an additional 15 shares during the period. Bank of Montreal Can lifted its stake in shares of Coca-Cola Consolidated by 1.8% during the 2nd quarter. Bank of Montreal Can now owns 1,028 shares of the company's stock valued at $1,120,000 after buying an additional 18 shares in the last quarter. Finally, GAMMA Investing LLC grew its position in shares of Coca-Cola Consolidated by 39.1% in the third quarter. GAMMA Investing LLC now owns 89 shares of the company's stock valued at $117,000 after purchasing an additional 25 shares in the last quarter. 48.24% of the stock is currently owned by institutional investors and hedge funds.

Coca-Cola Consolidated Price Performance

NASDAQ:COKE traded down $3.51 during trading hours on Monday, hitting $1,266.23. The stock had a trading volume of 29,473 shares, compared to its average volume of 50,196. The company has a debt-to-equity ratio of 1.39, a current ratio of 2.47 and a quick ratio of 2.15. Coca-Cola Consolidated, Inc. has a one year low of $800.76 and a one year high of $1,376.84. The firm has a market capitalization of $11.09 billion, a price-to-earnings ratio of 22.04 and a beta of 0.88. The company has a 50 day simple moving average of $1,255.49 and a two-hundred day simple moving average of $1,207.46.

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

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.