Coca-Cola Consolidated, Inc. (NASDAQ:COKE) Shares Purchased by KBC Group NV

KBC Group NV grew its stake in shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE) by 87.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 268 shares of the company’s stock after acquiring an additional 125 shares during the period. KBC Group NV’s holdings in Coca-Cola Consolidated were worth $353,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in COKE. EntryPoint Capital LLC bought a new position in shares of Coca-Cola Consolidated during the first quarter worth about $30,000. V Square Quantitative Management LLC bought a new position in Coca-Cola Consolidated during the 3rd quarter worth approximately $37,000. EverSource Wealth Advisors LLC grew its position in shares of 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 acquiring an additional 35 shares in the last quarter. UMB Bank n.a. increased its holdings in shares of Coca-Cola Consolidated by 41.9% in the 3rd quarter. UMB Bank n.a. now owns 44 shares of the company’s stock valued at $58,000 after acquiring an additional 13 shares during the last quarter. Finally, Strategic Investment Solutions Inc. IL acquired a new stake in shares of Coca-Cola Consolidated during the 2nd quarter valued at approximately $62,000. 48.24% of the stock is owned by institutional investors and hedge funds.

Coca-Cola Consolidated Stock Performance

Coca-Cola Consolidated stock opened at $1,223.62 on Wednesday. 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, Inc. has a 12 month low of $705.50 and a 12 month high of $1,376.84. The company has a fifty day moving average price of $1,254.47 and a two-hundred day moving average price of $1,163.90. The company has a market cap of $10.72 billion, a PE ratio of 21.30 and a beta of 0.85.

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

Coca-Cola Consolidated Company 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.