Coca-Cola Bottling Co. Consolidated (COKE) Shares Sold by Goldman Sachs Group Inc.

Goldman Sachs Group Inc. reduced its position in Coca-Cola Bottling Co. Consolidated (NASDAQ:COKE) by 68.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,875 shares of the company’s stock after selling 30,711 shares during the period. Goldman Sachs Group Inc. owned about 0.15% of Coca-Cola Bottling Co. Consolidated worth $2,987,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. BlackRock Inc. increased its stake in Coca-Cola Bottling Co. Consolidated by 2.7% in the 4th quarter. BlackRock Inc. now owns 589,737 shares of the company’s stock valued at $126,947,000 after purchasing an additional 15,440 shares in the last quarter. Schwab Charles Investment Management Inc. increased its position in Coca-Cola Bottling Co. Consolidated by 4.0% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 47,830 shares of the company’s stock worth $10,296,000 after buying an additional 1,846 shares in the last quarter. Deutsche Bank AG increased its position in Coca-Cola Bottling Co. Consolidated by 36.1% during the fourth quarter. Deutsche Bank AG now owns 25,201 shares of the company’s stock worth $5,423,000 after buying an additional 6,683 shares in the last quarter. Cornerstone Capital Management Holdings LLC. increased its position in Coca-Cola Bottling Co. Consolidated by 11.7% during the third quarter. Cornerstone Capital Management Holdings LLC. now owns 24,761 shares of the company’s stock worth $5,341,000 after buying an additional 2,600 shares in the last quarter. Finally, Guggenheim Capital LLC increased its position in Coca-Cola Bottling Co. Consolidated by 126.7% during the fourth quarter. Guggenheim Capital LLC now owns 15,321 shares of the company’s stock worth $3,298,000 after buying an additional 8,563 shares in the last quarter. 38.98% of the stock is owned by hedge funds and other institutional investors.

Coca-Cola Bottling Co. Consolidated stock opened at $172.36 on Friday. The company has a quick ratio of 0.96, a current ratio of 1.24 and a debt-to-equity ratio of 2.45. The firm has a market cap of $1,630.94, a price-to-earnings ratio of 35.96 and a beta of 0.22. Coca-Cola Bottling Co. Consolidated has a fifty-two week low of $168.54 and a fifty-two week high of $249.54.



Coca-Cola Bottling Co. Consolidated (NASDAQ:COKE) last released its quarterly earnings results on Tuesday, February 27th. The company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $1.13 by ($0.93). The company had revenue of $1.13 billion for the quarter. Coca-Cola Bottling Co. Consolidated had a return on equity of 11.63% and a net margin of 2.23%.

Separately, BidaskClub downgraded Coca-Cola Bottling Co. Consolidated from a “buy” rating to a “hold” rating in a research report on Wednesday, December 20th.

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About Coca-Cola Bottling Co. Consolidated

Coca-Cola Bottling Co Consolidated, together with its subsidiaries, produces, markets, and distributes nonalcoholic beverages, primarily products of The Coca-Cola Company in the United States. The company offers sparkling beverages, including carbonated beverages; and still beverages, such as energy products, as well as noncarbonated beverages comprising bottled water, tea, ready to drink coffee, enhanced water, juices, and sports drinks.

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

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