Natixis Advisors LLC Acquires 254 Shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE)

Natixis Advisors LLC increased its holdings in shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE) by 1.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,792 shares of the company’s stock after purchasing an additional 254 shares during the period. Natixis Advisors LLC’s holdings in Coca-Cola Consolidated were worth $20,788,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. EntryPoint Capital LLC bought a new position in Coca-Cola Consolidated in the first quarter valued at approximately $30,000. V Square Quantitative Management LLC bought a new stake in Coca-Cola Consolidated in the 3rd quarter valued at $37,000. EverSource Wealth Advisors LLC boosted its stake in Coca-Cola Consolidated by 102.9% in the 1st quarter. EverSource Wealth Advisors LLC now owns 69 shares of the company’s stock worth $57,000 after purchasing an additional 35 shares during the period. UMB Bank n.a. increased its holdings in 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 purchasing an additional 13 shares in the last quarter. Finally, Strategic Investment Solutions Inc. IL acquired a new stake in shares of Coca-Cola Consolidated in the 2nd quarter valued at about $62,000. 48.24% of the stock is currently owned by institutional investors and hedge funds.

Coca-Cola Consolidated Stock Down 0.1 %

COKE stock opened at $1,209.25 on Tuesday. The company has a debt-to-equity ratio of 1.39, a current ratio of 2.47 and a quick ratio of 2.15. The stock has a market capitalization of $10.59 billion, a P/E ratio of 21.08 and a beta of 0.85. Coca-Cola Consolidated, Inc. has a fifty-two week low of $705.50 and a fifty-two week high of $1,376.84. The business has a 50-day moving average of $1,258.58 and a 200-day moving average of $1,158.70.

Coca-Cola Consolidated (NASDAQ:COKE) last announced its quarterly earnings data on Wednesday, October 30th. The company reported $18.81 EPS for the quarter. Coca-Cola Consolidated had a net margin of 7.81% and a return on equity of 46.94%. The business had revenue of $1.77 billion for the quarter.

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.