Fmr LLC Sells 62,213 Shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE)

Fmr LLC decreased its position in shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE) by 32.5% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 129,487 shares of the company’s stock after selling 62,213 shares during the period. Fmr LLC owned approximately 1.48% of Coca-Cola Consolidated worth $170,457,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in COKE. Mutual of America Capital Management LLC lifted its stake in Coca-Cola Consolidated by 8.7% in the third quarter. Mutual of America Capital Management LLC now owns 5,939 shares of the company’s stock worth $7,818,000 after purchasing an additional 474 shares during the last quarter. International Assets Investment Management LLC lifted its stake in shares of Coca-Cola Consolidated by 74,390.2% during the 3rd quarter. International Assets Investment Management LLC now owns 152,705 shares of the company’s stock worth $201,021,000 after acquiring an additional 152,500 shares during the last quarter. Vaughan Nelson Investment Management L.P. boosted its holdings in Coca-Cola Consolidated by 88.0% during the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 112,156 shares of the company’s stock valued at $121,689,000 after acquiring an additional 52,491 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in 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 valued at $1,819,000 after acquiring an additional 453 shares during the last quarter. Finally, AQR Capital Management LLC increased its stake in Coca-Cola Consolidated by 18.3% in the second 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 period. Hedge funds and other institutional investors own 48.24% of the company’s stock.

Coca-Cola Consolidated Stock Up 0.4 %

NASDAQ:COKE opened at $1,309.01 on Tuesday. The stock has a fifty day simple moving average of $1,257.04 and a 200-day simple moving average of $1,185.91. 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 company has a market cap of $11.47 billion, a price-to-earnings ratio of 22.78 and a beta of 0.85. Coca-Cola Consolidated, Inc. has a twelve month low of $726.58 and a twelve month high of $1,376.84.

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

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.