Swiss National Bank Sells 100 Shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE)

Swiss National Bank trimmed its position in Coca-Cola Consolidated, Inc. (NASDAQ:COKE) by 0.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,565 shares of the company’s stock after selling 100 shares during the quarter. Swiss National Bank’s holdings in Coca-Cola Consolidated were worth $13,908,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in COKE. Millennium Management LLC increased its holdings in shares of Coca-Cola Consolidated by 1,308.6% in the second quarter. Millennium Management LLC now owns 172,788 shares of the company’s stock worth $187,475,000 after purchasing an additional 160,521 shares during the last quarter. International Assets Investment Management LLC increased its holdings 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 worth $201,021,000 after purchasing an additional 152,500 shares during the last quarter. Wallace Capital Management Inc. bought a new stake in shares of Coca-Cola Consolidated in the second quarter worth about $90,404,000. Vaughan Nelson Investment Management L.P. increased its holdings in shares of Coca-Cola Consolidated by 88.0% in the second quarter. Vaughan Nelson Investment Management L.P. now owns 112,156 shares of the company’s stock worth $121,689,000 after purchasing an additional 52,491 shares during the last quarter. Finally, Vanguard Group Inc. increased its holdings in shares of Coca-Cola Consolidated by 5.3% in the first quarter. Vanguard Group Inc. now owns 608,875 shares of the company’s stock worth $515,358,000 after purchasing an additional 30,443 shares during the last quarter. 48.24% of the stock is owned by institutional investors.

Coca-Cola Consolidated Trading Up 1.1 %

Shares of NASDAQ COKE opened at $1,259.92 on Friday. The business’s 50 day moving average is $1,253.18 and its two-hundred day moving average is $1,164.98. 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 1-year low of $716.80 and a 1-year high of $1,376.84. The stock has a market capitalization of $11.04 billion, a P/E ratio of 21.75 and a beta of 0.85.

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