Thrivent Financial for Lutherans Purchases 252 Shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE)

Thrivent Financial for Lutherans grew its position in Coca-Cola Consolidated, Inc. (NASDAQ:COKE) by 22.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,384 shares of the company’s stock after acquiring an additional 252 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Coca-Cola Consolidated were worth $1,822,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of COKE. V Square Quantitative Management LLC purchased a new stake in Coca-Cola Consolidated during the third quarter valued at $37,000. UMB Bank n.a. lifted its holdings in shares of Coca-Cola Consolidated by 41.9% in 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 during the last quarter. Strategic Investment Solutions Inc. IL purchased a new position in Coca-Cola Consolidated in the second quarter worth about $62,000. GAMMA Investing LLC increased its stake in Coca-Cola Consolidated by 137.0% during the second quarter. GAMMA Investing LLC now owns 64 shares of the company’s stock worth $69,000 after acquiring an additional 37 shares during the last quarter. Finally, Signaturefd LLC raised its position in Coca-Cola Consolidated by 15.3% during the second quarter. Signaturefd LLC now owns 68 shares of the company’s stock valued at $74,000 after purchasing an additional 9 shares during the period. 48.24% of the stock is owned by hedge funds and other institutional investors.

Coca-Cola Consolidated Price Performance

NASDAQ:COKE opened at $1,312.40 on Friday. 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 company has a debt-to-equity ratio of 1.39, a current ratio of 2.47 and a quick ratio of 2.15. The business has a 50 day simple moving average of $1,255.43 and a 200-day simple moving average of $1,176.66. Coca-Cola Consolidated, Inc. has a 1 year low of $716.80 and a 1 year high of $1,376.84.

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

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.