Ontario Teachers Pension Plan Board Sells 603 Shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE)

Ontario Teachers Pension Plan Board decreased its stake in shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE) by 36.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,073 shares of the company’s stock after selling 603 shares during the quarter. Ontario Teachers Pension Plan Board’s holdings in Coca-Cola Consolidated were worth $1,412,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. EntryPoint Capital LLC bought a new stake in shares of Coca-Cola Consolidated in the 1st quarter valued at about $30,000. V Square Quantitative Management LLC bought a new stake in shares of Coca-Cola Consolidated in the 3rd quarter valued at about $37,000. EverSource Wealth Advisors LLC raised its holdings in shares of Coca-Cola Consolidated by 102.9% in the 1st quarter. EverSource Wealth Advisors LLC now owns 69 shares of the company’s stock valued at $57,000 after purchasing an additional 35 shares in the last quarter. UMB Bank n.a. raised its holdings in shares of Coca-Cola Consolidated by 41.9% in the 3rd quarter. UMB Bank n.a. now owns 44 shares of the company’s stock valued at $58,000 after purchasing an additional 13 shares in the last quarter. Finally, Strategic Investment Solutions Inc. IL purchased a new position in shares of Coca-Cola Consolidated in the 2nd quarter worth approximately $62,000. Institutional investors own 48.24% of the company’s stock.

Coca-Cola Consolidated Stock Up 1.2 %

Shares of Coca-Cola Consolidated stock opened at $1,237.96 on Thursday. The firm’s 50 day moving average price is $1,253.68 and its 200-day moving average price is $1,164.42. 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 52-week low of $715.42 and a 52-week high of $1,376.84. The company has a market cap of $10.84 billion, a P/E ratio of 21.54 and a beta of 0.85.

Coca-Cola Consolidated (NASDAQ:COKE) last released its earnings results on Wednesday, October 30th. The company reported $18.81 earnings per share for the quarter. The company 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.