Synovus Financial Corp Has $438,000 Position in Coca-Cola Consolidated, Inc. (NASDAQ:COKE)

Synovus Financial Corp cut its position in shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE) by 4.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 333 shares of the company’s stock after selling 17 shares during the period. Synovus Financial Corp’s holdings in Coca-Cola Consolidated were worth $438,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of COKE. V Square Quantitative Management LLC bought a new position in Coca-Cola Consolidated during the third quarter worth about $37,000. UMB Bank n.a. lifted its position in shares of Coca-Cola Consolidated by 41.9% in the third quarter. UMB Bank n.a. now owns 44 shares of the company’s stock valued at $58,000 after buying an additional 13 shares during the last quarter. Strategic Investment Solutions Inc. IL bought a new position in shares of Coca-Cola Consolidated during the 2nd quarter worth approximately $62,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Coca-Cola Consolidated during the 3rd quarter worth approximately $72,000. Finally, Signaturefd LLC raised its stake in Coca-Cola Consolidated by 15.3% in the 2nd quarter. Signaturefd LLC now owns 68 shares of the company’s stock valued at $74,000 after acquiring an additional 9 shares during the period. 48.24% of the stock is currently owned by institutional investors and hedge funds.

Coca-Cola Consolidated Trading Down 3.2 %

COKE stock opened at $1,211.28 on Thursday. Coca-Cola Consolidated, Inc. has a one year low of $800.76 and a one year high of $1,376.84. The stock has a market cap of $10.61 billion, a price-to-earnings ratio of 21.08 and a beta of 0.88. The company has a fifty day moving average price of $1,254.95 and a two-hundred day moving average price of $1,209.36. 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 earnings results on Wednesday, October 30th. The company reported $18.81 EPS for the quarter. The business 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%.

Coca-Cola Consolidated Profile

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.