HighTower Advisors LLC Has $1.33 Million Holdings in Coca-Cola Consolidated, Inc. (NASDAQ:COKE)

HighTower Advisors LLC boosted its stake in shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE) by 6.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,014 shares of the company’s stock after purchasing an additional 61 shares during the quarter. HighTower Advisors LLC’s holdings in Coca-Cola Consolidated were worth $1,334,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of COKE. Mutual of America Capital Management LLC raised its stake in shares of 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 in the last quarter. International Assets Investment Management LLC raised its stake 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 buying an additional 152,500 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Coca-Cola Consolidated by 48.8% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 1,382 shares of the company’s stock worth $1,819,000 after purchasing an additional 453 shares during the last quarter. Martingale Asset Management L P grew its holdings in shares of Coca-Cola Consolidated by 64.9% in the 3rd quarter. Martingale Asset Management L P now owns 4,777 shares of the company’s stock worth $6,288,000 after purchasing an additional 1,880 shares during the last quarter. Finally, AQR Capital Management LLC grew its holdings in shares of Coca-Cola Consolidated by 18.3% in the 2nd quarter. AQR Capital Management LLC now owns 75,035 shares of the company’s stock worth $80,363,000 after purchasing an additional 11,587 shares during the last quarter. 48.24% of the stock is currently owned by institutional investors and hedge funds.

Coca-Cola Consolidated Stock Down 0.3 %

COKE opened at $1,266.23 on Tuesday. The firm’s 50-day simple moving average is $1,255.49 and its 200-day simple moving average is $1,207.46. The company has a debt-to-equity ratio of 1.39, a quick ratio of 2.15 and a current ratio of 2.47. 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 cap of $11.09 billion, a price-to-earnings ratio of 22.04 and a beta of 0.88.

Coca-Cola Consolidated (NASDAQ:COKE) last posted its earnings results on Wednesday, October 30th. The company reported $18.81 earnings per share 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.