Coca-Cola Consolidated, Inc. (NASDAQ:COKE) Holdings Lifted by Victory Capital Management Inc.

Victory Capital Management Inc. lifted its holdings in shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE - Free Report) by 105.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,142 shares of the company's stock after acquiring an additional 4,181 shares during the quarter. Victory Capital Management Inc. owned about 0.09% of Coca-Cola Consolidated worth $10,718,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Millennium Management LLC boosted its holdings 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 worth $187,475,000 after acquiring an additional 160,521 shares during the period. International Assets Investment Management LLC grew its stake 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 acquiring an additional 152,500 shares in the last quarter. Wallace Capital Management Inc. purchased 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 during the last quarter. Finally, Vanguard Group Inc. lifted its stake in shares of Coca-Cola Consolidated by 5.3% in the first quarter. Vanguard Group Inc. now owns 608,875 shares of the company's stock worth $515,358,000 after acquiring an additional 30,443 shares in the last quarter. 48.24% of the stock is owned by hedge funds and other institutional investors.

Coca-Cola Consolidated Price Performance

Shares of NASDAQ COKE opened at $1,237.96 on Thursday. The company has a quick ratio of 2.15, a current ratio of 2.47 and a debt-to-equity ratio of 1.39. Coca-Cola Consolidated, Inc. has a fifty-two week low of $715.42 and a fifty-two week high of $1,376.84. The business has a 50 day moving average price of $1,253.68 and a two-hundred day moving average price of $1,164.42. The firm has a market cap of $10.84 billion, a PE ratio of 21.54 and a beta of 0.85.

Coca-Cola Consolidated (NASDAQ:COKE - Get Free Report) last posted 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 during the quarter. Coca-Cola Consolidated had a return on equity of 46.94% and a net margin of 7.81%.

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.