245 Shares in Coca-Cola Consolidated, Inc. (NASDAQ:COKE) Acquired by Arete Wealth Advisors LLC

Arete Wealth Advisors LLC purchased a new position in shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 245 shares of the company’s stock, valued at approximately $321,000.

Several other institutional investors and hedge funds have also modified their holdings of COKE. V Square Quantitative Management LLC purchased a new position in shares of Coca-Cola Consolidated during the 3rd quarter worth $37,000. UMB Bank n.a. boosted its stake in shares of Coca-Cola Consolidated by 41.9% during the 3rd quarter. UMB Bank n.a. now owns 44 shares of the company’s stock worth $58,000 after acquiring an additional 13 shares during the last quarter. Strategic Investment Solutions Inc. IL purchased a new position in shares of Coca-Cola Consolidated during the 2nd quarter worth $62,000. Signaturefd LLC boosted its stake in shares of Coca-Cola Consolidated by 15.3% during the 2nd quarter. Signaturefd LLC now owns 68 shares of the company’s stock worth $74,000 after acquiring an additional 9 shares during the last quarter. Finally, Hollencrest Capital Management boosted its stake in shares of Coca-Cola Consolidated by 119.0% during the 2nd quarter. Hollencrest Capital Management now owns 92 shares of the company’s stock worth $100,000 after acquiring an additional 50 shares during the last quarter. Hedge funds and other institutional investors own 48.24% of the company’s stock.

Coca-Cola Consolidated Trading Down 0.9 %

Shares of Coca-Cola Consolidated stock opened at $1,269.74 on Friday. The company’s fifty day simple moving average is $1,255.31 and its 200-day simple moving average is $1,202.42. The stock has a market capitalization of $11.12 billion, a PE ratio of 22.10 and a beta of 0.88. Coca-Cola Consolidated, Inc. has a 1-year low of $800.76 and a 1-year high of $1,376.84. The company has a debt-to-equity ratio of 1.39, a current ratio of 2.47 and a quick ratio of 2.15.

Coca-Cola Consolidated (NASDAQ:COKE) last announced 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%.

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.