Union Bancaire Privee UBP SA Purchases Shares of 700 Coca-Cola Consolidated, Inc. (NASDAQ:COKE)

Union Bancaire Privee UBP SA acquired a new position in Coca-Cola Consolidated, Inc. (NASDAQ:COKE) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 700 shares of the company’s stock, valued at approximately $882,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. V Square Quantitative Management LLC acquired a new position in Coca-Cola Consolidated during the 3rd quarter worth approximately $37,000. E Fund Management Hong Kong Co. Ltd. boosted its position in Coca-Cola Consolidated by 1,133.3% in the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 37 shares of the company’s stock valued at $47,000 after buying an additional 34 shares during the last quarter. UMB Bank n.a. grew its stake in shares of Coca-Cola Consolidated by 41.9% during the third quarter. UMB Bank n.a. now owns 44 shares of the company’s stock valued at $58,000 after acquiring an additional 13 shares in the last quarter. Strategic Investment Solutions Inc. IL purchased a new stake in shares of Coca-Cola Consolidated during the second quarter worth about $62,000. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of Coca-Cola Consolidated in the third quarter worth about $72,000. Institutional investors and hedge funds own 48.24% of the company’s stock.

Coca-Cola Consolidated Price Performance

COKE stock opened at $1,320.52 on Tuesday. The company has a market capitalization of $11.57 billion, a PE ratio of 22.98 and a beta of 0.89. 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’s 50 day moving average is $1,280.17 and its two-hundred day moving average is $1,257.52. Coca-Cola Consolidated, Inc. has a 52-week low of $800.76 and a 52-week high of $1,438.50.

Coca-Cola Consolidated (NASDAQ:COKE) last posted its quarterly earnings data on Wednesday, October 30th. The company reported $18.81 EPS for the quarter. The firm 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 Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 7th. Shareholders of record on Friday, January 24th will be paid a dividend of $2.50 per share. This represents a $10.00 annualized dividend and a yield of 0.76%. The ex-dividend date is Friday, January 24th. Coca-Cola Consolidated’s payout ratio is currently 17.40%.

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.