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

National Bank of Canada FI increased its position in shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE) by 351.9% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,300 shares of the company’s stock after acquiring an additional 1,791 shares during the period. National Bank of Canada FI’s holdings in Coca-Cola Consolidated were worth $3,028,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. CWM LLC grew its holdings in shares of Coca-Cola Consolidated by 17.4% during the second quarter. CWM LLC now owns 101 shares of the company’s stock worth $110,000 after purchasing an additional 15 shares during the last quarter. Blue Trust Inc. bought a new stake in Coca-Cola Consolidated during the 2nd quarter worth approximately $102,000. Vaughan Nelson Investment Management L.P. increased its position in 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 acquiring an additional 52,491 shares during the period. Zhang Financial LLC bought a new position in shares of Coca-Cola Consolidated during the second quarter valued at $217,000. Finally, Summit Global Investments acquired a new stake in Coca-Cola Consolidated in the second quarter valued at $1,505,000. Institutional investors own 48.24% of the company’s stock.

Coca-Cola Consolidated Stock Down 0.9 %

Shares of COKE opened at $1,269.74 on Friday. The company has a market capitalization of $11.12 billion, a PE ratio of 22.10 and a beta of 0.88. The stock’s 50-day moving average price is $1,255.31 and its two-hundred day moving average price is $1,202.42. The company has a current ratio of 2.47, a quick ratio of 2.15 and a debt-to-equity ratio of 1.39. Coca-Cola Consolidated, Inc. has a 12 month low of $800.76 and a 12 month high of $1,376.84.

Coca-Cola Consolidated (NASDAQ:COKE) last posted 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 return on equity of 46.94% and a net margin of 7.81%. The firm had revenue of $1.77 billion for 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.