Coca-Cola Consolidated, Inc. (NASDAQ:COKE) Shares Bought by Algert Global LLC

Algert Global LLC lifted its stake in shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE) by 1.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,667 shares of the company’s stock after purchasing an additional 184 shares during the period. Coca-Cola Consolidated accounts for about 0.4% of Algert Global LLC’s portfolio, making the stock its 18th largest holding. Algert Global LLC owned approximately 0.13% of Coca-Cola Consolidated worth $15,358,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in COKE. V Square Quantitative Management LLC acquired a new stake in Coca-Cola Consolidated during the third quarter worth about $37,000. EntryPoint Capital LLC purchased a new stake in shares of Coca-Cola Consolidated in the 1st quarter valued at approximately $30,000. UMB Bank n.a. increased 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 worth $58,000 after buying an additional 13 shares during the last quarter. Strategic Investment Solutions Inc. IL purchased a new stake in shares of Coca-Cola Consolidated during the 2nd quarter valued at approximately $62,000. Finally, GAMMA Investing LLC lifted its holdings in Coca-Cola Consolidated by 137.0% in the second quarter. GAMMA Investing LLC now owns 64 shares of the company’s stock valued at $69,000 after acquiring an additional 37 shares during the last quarter. 48.24% of the stock is currently owned by hedge funds and other institutional investors.

Coca-Cola Consolidated Price Performance

COKE stock opened at $1,259.92 on Friday. Coca-Cola Consolidated, Inc. has a 52-week low of $716.80 and a 52-week high of $1,376.84. The company has a quick ratio of 2.15, a current ratio of 2.47 and a debt-to-equity ratio of 1.39. 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 business has a fifty day moving average of $1,253.18 and a two-hundred day moving average of $1,164.98.

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

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.