Diversified Trust Co Sells 16 Shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE)

Diversified Trust Co trimmed its holdings in shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE) by 0.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 146,248 shares of the company’s stock after selling 16 shares during the period. Coca-Cola Consolidated accounts for about 4.5% of Diversified Trust Co’s holdings, making the stock its 3rd biggest holding. Diversified Trust Co owned approximately 1.67% of Coca-Cola Consolidated worth $184,271,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Mutual of America Capital Management LLC lifted its holdings in Coca-Cola Consolidated by 8.7% in the 3rd quarter. Mutual of America Capital Management LLC now owns 5,939 shares of the company’s stock worth $7,818,000 after buying an additional 474 shares in the last quarter. International Assets Investment Management LLC raised its holdings in Coca-Cola Consolidated by 74,390.2% in 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. Quadrature Capital Ltd bought a new position in Coca-Cola Consolidated during the 3rd quarter valued at $1,022,000. Dorsey Wright & Associates bought a new stake in shares of Coca-Cola Consolidated in the 3rd quarter worth about $1,468,000. Finally, National Bank of Canada FI increased its holdings in Coca-Cola Consolidated by 351.9% in the third quarter. National Bank of Canada FI now owns 2,300 shares of the company’s stock valued at $3,028,000 after buying an additional 1,791 shares during the last quarter. 48.24% of the stock is currently owned by institutional investors and hedge funds.

Coca-Cola Consolidated Stock Performance

Shares of COKE stock traded down $4.54 on Tuesday, hitting $1,310.45. 9,279 shares of the stock traded hands, compared to its average volume of 44,705. The company has a market capitalization of $11.48 billion, a PE ratio of 22.81 and a beta of 0.89. The company’s fifty day moving average is $1,244.50 and its 200 day moving average is $1,232.21. 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 1-year low of $800.76 and a 1-year 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 EPS for the quarter. The business had revenue of $1.77 billion during 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.