Oppenheimer & Co. Inc. Acquires Shares of 320 Coca-Cola Consolidated, Inc. (NASDAQ:COKE)

Oppenheimer & Co. Inc. bought a new position in Coca-Cola Consolidated, Inc. (NASDAQ:COKE) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 320 shares of the company’s stock, valued at approximately $421,000.

Several other hedge funds and other institutional investors also recently modified their holdings of COKE. Vanguard Group Inc. lifted 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 buying an additional 30,443 shares in the last quarter. CANADA LIFE ASSURANCE Co lifted its stake in Coca-Cola Consolidated by 1.0% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 2,851 shares of the company’s stock worth $2,406,000 after purchasing an additional 28 shares in the last quarter. EntryPoint Capital LLC bought a new position in Coca-Cola Consolidated in the 1st quarter valued at $30,000. Lazard Asset Management LLC grew its position in shares of Coca-Cola Consolidated by 3.0% during the 1st quarter. Lazard Asset Management LLC now owns 15,571 shares of the company’s stock valued at $13,179,000 after purchasing an additional 452 shares in the last quarter. Finally, Magnetar Financial LLC bought a new position in shares of Coca-Cola Consolidated in the first quarter worth $668,000. Institutional investors own 48.24% of the company’s stock.

Coca-Cola Consolidated Price Performance

NASDAQ:COKE opened at $1,246.18 on Friday. Coca-Cola Consolidated, Inc. has a 52-week low of $716.80 and a 52-week high of $1,376.84. The stock has a fifty day moving average of $1,253.68 and a 200 day moving average of $1,164.42. The company has a debt-to-equity ratio of 1.39, a quick ratio of 2.15 and a current ratio of 2.47. The firm has a market capitalization of $10.92 billion, a price-to-earnings ratio of 21.69 and a beta of 0.85.

Coca-Cola Consolidated (NASDAQ:COKE) last issued its quarterly earnings results on Wednesday, October 30th. The company reported $18.81 earnings per share (EPS) for the quarter. The firm 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%.

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.