Caprock Group LLC Has $486,000 Stock Position in Coca-Cola Consolidated, Inc. (NASDAQ:COKE)

Caprock Group LLC boosted its position in Coca-Cola Consolidated, Inc. (NASDAQ:COKE) by 20.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 369 shares of the company’s stock after acquiring an additional 63 shares during the period. Caprock Group LLC’s holdings in Coca-Cola Consolidated were worth $486,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Millennium Management LLC grew its position in Coca-Cola Consolidated by 1,308.6% in the 2nd quarter. Millennium Management LLC now owns 172,788 shares of the company’s stock valued at $187,475,000 after purchasing an additional 160,521 shares during the period. International Assets Investment Management LLC lifted its stake in shares of Coca-Cola Consolidated by 74,390.2% in the third 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. Wallace Capital Management Inc. acquired a new position in shares of Coca-Cola Consolidated during the second quarter valued at about $90,404,000. Vaughan Nelson Investment Management L.P. increased its position in shares of Coca-Cola Consolidated by 88.0% during the second quarter. Vaughan Nelson Investment Management L.P. now owns 112,156 shares of the company’s stock worth $121,689,000 after acquiring an additional 52,491 shares in the last quarter. Finally, Vanguard Group Inc. raised its holdings in shares of Coca-Cola Consolidated by 5.3% in the 1st quarter. Vanguard Group Inc. now owns 608,875 shares of the company’s stock worth $515,358,000 after acquiring an additional 30,443 shares during the last quarter. Institutional investors own 48.24% of the company’s stock.

Coca-Cola Consolidated Price Performance

Shares of NASDAQ COKE opened at $1,259.92 on Friday. The stock has a market cap of $11.04 billion, a price-to-earnings ratio of 21.93 and a beta of 0.85. 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 fifty-two week low of $716.80 and a fifty-two week high of $1,376.84. The firm’s 50-day simple moving average is $1,253.18 and its 200 day simple moving average is $1,164.98.

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

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.