Wilmington Savings Fund Society FSB Invests $72,000 in Coca-Cola Consolidated, Inc. (NASDAQ:COKE)

Wilmington Savings Fund Society FSB acquired a new stake in Coca-Cola Consolidated, Inc. (NASDAQ:COKE) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 55 shares of the company’s stock, valued at approximately $72,000.

Other institutional investors have also made changes to their positions in the company. Mutual of America Capital Management LLC increased its stake in Coca-Cola Consolidated by 8.7% in the 3rd quarter. Mutual of America Capital Management LLC now owns 5,939 shares of the company’s stock valued at $7,818,000 after buying an additional 474 shares during the last quarter. International Assets Investment Management LLC grew its holdings 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 in the last quarter. Quadrature Capital Ltd acquired a new stake in shares of Coca-Cola Consolidated in the third quarter valued at about $1,022,000. Dorsey Wright & Associates bought a new stake in Coca-Cola Consolidated during the third quarter worth about $1,468,000. Finally, National Bank of Canada FI boosted its position in Coca-Cola Consolidated by 351.9% during the third quarter. National Bank of Canada FI now owns 2,300 shares of the company’s stock valued at $3,028,000 after purchasing an additional 1,791 shares during the last quarter. Institutional investors own 48.24% of the company’s stock.

Coca-Cola Consolidated Stock Down 1.6 %

NASDAQ:COKE opened at $1,202.59 on Friday. Coca-Cola Consolidated, Inc. has a twelve month low of $800.76 and a twelve month high of $1,376.84. The firm has a market capitalization of $10.54 billion, a price-to-earnings ratio of 20.93 and a beta of 0.88. The company has a quick ratio of 2.15, a current ratio of 2.47 and a debt-to-equity ratio of 1.39. The stock’s 50 day moving average price is $1,251.13 and its two-hundred day moving average price is $1,210.99.

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

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.