Coca-Cola Consolidated, Inc. (NASDAQ:COKE) Shares Sold by Intech Investment Management LLC

Intech Investment Management LLC decreased its holdings in shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE) by 28.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 718 shares of the company’s stock after selling 283 shares during the quarter. Intech Investment Management LLC’s holdings in Coca-Cola Consolidated were worth $945,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. V Square Quantitative Management LLC acquired a new position in shares of Coca-Cola Consolidated during the 3rd quarter valued at $37,000. EverSource Wealth Advisors LLC lifted its holdings in shares of Coca-Cola Consolidated by 102.9% during the 1st quarter. EverSource Wealth Advisors LLC now owns 69 shares of the company’s stock valued at $57,000 after acquiring an additional 35 shares in the last quarter. UMB Bank n.a. lifted its holdings in shares of Coca-Cola Consolidated by 41.9% during 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 in the last quarter. Strategic Investment Solutions Inc. IL acquired a new position in shares of Coca-Cola Consolidated during the 2nd quarter valued at $62,000. Finally, GAMMA Investing LLC lifted its holdings in shares of Coca-Cola Consolidated by 137.0% during the 2nd quarter. GAMMA Investing LLC now owns 64 shares of the company’s stock valued at $69,000 after acquiring an additional 37 shares in the last quarter. Institutional investors and hedge funds own 48.24% of the company’s stock.

Coca-Cola Consolidated Stock Performance

NASDAQ:COKE opened at $1,312.40 on Friday. The company has a current ratio of 2.47, a quick ratio of 2.15 and a debt-to-equity ratio of 1.39. The firm has a market capitalization of $11.50 billion, a price-to-earnings ratio of 22.84 and a beta of 0.85. The firm’s fifty day simple moving average is $1,255.43 and its 200 day simple moving average is $1,176.66. Coca-Cola Consolidated, Inc. has a twelve month low of $716.80 and a twelve month high of $1,376.84.

Coca-Cola Consolidated (NASDAQ:COKE) last released 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 firm 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.