Coca-Cola Consolidated, Inc. (NASDAQ:COKE) Shares Purchased by Geode Capital Management LLC

Geode Capital Management LLC boosted its holdings in shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE) by 16.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 124,456 shares of the company’s stock after buying an additional 17,408 shares during the quarter. Geode Capital Management LLC owned 1.42% of Coca-Cola Consolidated worth $163,868,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in COKE. V Square Quantitative Management LLC acquired a new stake in shares of Coca-Cola Consolidated in the third quarter valued at $37,000. UMB Bank n.a. increased its holdings in Coca-Cola Consolidated by 41.9% during the 3rd quarter. UMB Bank n.a. now owns 44 shares of the company’s stock worth $58,000 after purchasing an additional 13 shares during the period. Strategic Investment Solutions Inc. IL acquired a new stake in Coca-Cola Consolidated in the 2nd quarter valued at about $62,000. Signaturefd LLC boosted its stake in shares of Coca-Cola Consolidated by 15.3% in the 2nd quarter. Signaturefd LLC now owns 68 shares of the company’s stock valued at $74,000 after buying an additional 9 shares during the period. Finally, Hollencrest Capital Management grew its position in shares of Coca-Cola Consolidated by 119.0% during the second quarter. Hollencrest Capital Management now owns 92 shares of the company’s stock worth $100,000 after buying an additional 50 shares in the last quarter. Hedge funds and other institutional investors own 48.24% of the company’s stock.

Coca-Cola Consolidated Stock Down 0.9 %

Shares of NASDAQ:COKE opened at $1,269.74 on Monday. Coca-Cola Consolidated, Inc. has a fifty-two week low of $800.76 and a fifty-two week high of $1,376.84. The firm’s 50 day moving average price is $1,255.31 and its 200 day moving average price is $1,205.46. The company has a quick ratio of 2.15, a current ratio of 2.47 and a debt-to-equity ratio of 1.39. The stock has a market cap of $11.12 billion, a price-to-earnings ratio of 22.10 and a beta of 0.88.

Coca-Cola Consolidated (NASDAQ:COKE) last announced its quarterly earnings data on Wednesday, October 30th. The company reported $18.81 earnings per share 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%.

About Coca-Cola Consolidated

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.