3,412 Shares in Coca-Cola Consolidated, Inc. $COKE Bought by Windsor Advisory Group LLC

Windsor Advisory Group LLC purchased a new position in Coca-Cola Consolidated, Inc. (NASDAQ:COKE) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 3,412 shares of the company’s stock, valued at approximately $277,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of COKE. Wallace Capital Management Inc. bought a new position in Coca-Cola Consolidated during the 2nd quarter worth approximately $2,140,000. Freestone Grove Partners LP bought a new stake in Coca-Cola Consolidated in the second quarter valued at approximately $132,000. Caisse de depot et placement du Quebec bought a new stake in Coca-Cola Consolidated in the second quarter valued at approximately $291,152,000. Gallagher Fiduciary Advisors LLC purchased a new stake in shares of Coca-Cola Consolidated during the second quarter valued at approximately $1,226,000. Finally, Western Wealth Management LLC bought a new position in shares of Coca-Cola Consolidated in the second quarter worth approximately $1,779,000. 48.24% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Wall Street Zen downgraded shares of Coca-Cola Consolidated from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Weiss Ratings reissued a “buy (b)” rating on shares of Coca-Cola Consolidated in a research report on Wednesday, June 24th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy”.

Coca-Cola Consolidated Stock Down 1.3%

Shares of COKE stock opened at $194.02 on Thursday. The stock has a market cap of $12.91 billion, a price-to-earnings ratio of 25.73 and a beta of 0.55. The business’s fifty day moving average is $185.56 and its 200 day moving average is $186.85. Coca-Cola Consolidated, Inc. has a twelve month low of $110.60 and a twelve month high of $219.65.

Coca-Cola Consolidated (NASDAQ:COKE) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $2.83 earnings per share for the quarter. Coca-Cola Consolidated had a net margin of 7.15% and a negative return on equity of 1,041.59%. The business had revenue of $2.05 billion for the quarter.

Coca-Cola Consolidated Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 7th. Stockholders of record on Friday, July 24th were issued a dividend of $0.25 per share. The ex-dividend date was Friday, July 24th. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. Coca-Cola Consolidated’s dividend payout ratio (DPR) is presently 13.26%.

Coca-Cola Consolidated Profile

Founded in 1902 and headquartered in Charlotte, North Carolina, Coca-Cola Consolidated, Inc is the largest independent bottler of Coca-Cola products in the United States. The company manufactures, sells and distributes a broad portfolio of sparkling and still beverages under exclusive agreements with The Coca-Cola Company. Its brand lineup includes Coca-Cola, Diet Coke, Sprite and Fanta, as well as noncarbonated offerings such as Minute Maid juices, Gold Peak teas, Dasani water, Powerade sports drinks and vitaminwater.

Coca-Cola Consolidated’s operations span 14 states and the District of Columbia across the Southeastern, South Central and Mid-Atlantic regions.