Foundry Partners LLC Has $621,000 Stock Position in Coca-Cola Consolidated, Inc. (NASDAQ:COKE)

Foundry Partners LLC lessened its holdings in Coca-Cola Consolidated, Inc. (NASDAQ:COKE) by 92.4% during the 3rd quarter, Holdings Channel reports. The firm owned 472 shares of the company’s stock after selling 5,766 shares during the period. Foundry Partners LLC’s holdings in Coca-Cola Consolidated were worth $621,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of COKE. Vanguard Group Inc. grew its stake in shares of Coca-Cola Consolidated by 5.3% during the first quarter. Vanguard Group Inc. now owns 608,875 shares of the company’s stock worth $515,358,000 after purchasing an additional 30,443 shares during the period. Millennium Management LLC grew its position in shares of Coca-Cola Consolidated by 1,308.6% during the 2nd quarter. Millennium Management LLC now owns 172,788 shares of the company’s stock worth $187,475,000 after buying an additional 160,521 shares during the period. International Assets Investment Management LLC increased its stake in shares of Coca-Cola Consolidated by 74,390.2% in the 3rd 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 during the last quarter. Vaughan Nelson Investment Management L.P. raised its position in shares of 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. Finally, Wallace Capital Management Inc. bought a new position in Coca-Cola Consolidated during the 2nd quarter worth approximately $90,404,000. Institutional investors and hedge funds own 48.24% of the company’s stock.

Coca-Cola Consolidated Stock Up 1.1 %

Shares of NASDAQ COKE opened at $1,259.92 on Friday. The firm has a 50 day moving average price of $1,253.18 and a 200 day moving average price of $1,164.98. The company has a debt-to-equity ratio of 1.39, a quick ratio of 2.15 and a current ratio of 2.47. The stock has a market cap of $11.04 billion, a P/E ratio of 21.93 and a beta of 0.85. Coca-Cola Consolidated, Inc. has a 52-week low of $716.80 and a 52-week high of $1,376.84.

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