Caprock Group LLC Makes New $216,000 Investment in Coca-Cola Consolidated, Inc. (NASDAQ:COKE)

Caprock Group LLC acquired a new position in Coca-Cola Consolidated, Inc. (NASDAQ:COKEFree Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 233 shares of the company’s stock, valued at approximately $216,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in Coca-Cola Consolidated by 3.5% in the 3rd quarter. Vanguard Group Inc. now owns 580,785 shares of the company’s stock worth $369,565,000 after buying an additional 19,877 shares during the period. American Century Companies Inc. lifted its stake in shares of Coca-Cola Consolidated by 3.8% in the 3rd quarter. American Century Companies Inc. now owns 44,460 shares of the company’s stock valued at $28,291,000 after purchasing an additional 1,628 shares during the period. Janney Montgomery Scott LLC lifted its stake in shares of Coca-Cola Consolidated by 36.1% in the 3rd quarter. Janney Montgomery Scott LLC now owns 1,173 shares of the company’s stock valued at $747,000 after purchasing an additional 311 shares during the period. Invesco Ltd. lifted its stake in shares of Coca-Cola Consolidated by 4.6% in the 3rd quarter. Invesco Ltd. now owns 114,973 shares of the company’s stock valued at $73,160,000 after purchasing an additional 5,084 shares during the period. Finally, Sunbelt Securities Inc. lifted its stake in shares of Coca-Cola Consolidated by 100.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 74 shares of the company’s stock valued at $47,000 after purchasing an additional 37 shares during the period. Hedge funds and other institutional investors own 48.24% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Coca-Cola Consolidated from a “buy” rating to a “strong-buy” rating in a research note on Friday, February 23rd.

Get Our Latest Report on COKE

Coca-Cola Consolidated Trading Down 2.2 %

COKE opened at $817.40 on Wednesday. The stock has a market cap of $7.66 billion, a PE ratio of 18.80 and a beta of 0.74. The company has a quick ratio of 1.27, a current ratio of 1.56 and a debt-to-equity ratio of 0.42. The business has a 50 day moving average of $848.40 and a 200-day moving average of $785.24. Coca-Cola Consolidated, Inc. has a 52 week low of $519.14 and a 52 week high of $961.91.

Coca-Cola Consolidated (NASDAQ:COKEGet Free Report) last released its earnings results on Wednesday, February 21st. The company reported $13.39 EPS for the quarter. The company had revenue of $1.63 billion during the quarter. Coca-Cola Consolidated had a return on equity of 44.12% and a net margin of 6.14%.

Coca-Cola Consolidated Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Coca-Cola Consolidated (NASDAQ:COKE)

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