Coca-Cola Consolidated, Inc. (NASDAQ:COKE) Stock Holdings Increased by BNP Paribas Financial Markets

BNP Paribas Financial Markets lifted its holdings in Coca-Cola Consolidated, Inc. (NASDAQ:COKE) by 13.9% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,474 shares of the company’s stock after purchasing an additional 180 shares during the quarter. BNP Paribas Financial Markets’ holdings in Coca-Cola Consolidated were worth $1,940,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of COKE. Millennium Management LLC boosted its holdings in shares of Coca-Cola Consolidated by 1,308.6% in the second quarter. Millennium Management LLC now owns 172,788 shares of the company’s stock valued at $187,475,000 after acquiring an additional 160,521 shares in the last quarter. International Assets Investment Management LLC boosted its stake in 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 valued at $201,021,000 after purchasing an additional 152,500 shares in the last quarter. Vaughan Nelson Investment Management L.P. boosted its stake 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 purchasing an additional 52,491 shares in the last quarter. Wallace Capital Management Inc. acquired a new position in shares of Coca-Cola Consolidated during the 2nd quarter valued at $90,404,000. Finally, AQR Capital Management LLC raised its stake in shares of Coca-Cola Consolidated by 18.3% in the 2nd quarter. AQR Capital Management LLC now owns 75,035 shares of the company’s stock worth $80,363,000 after buying an additional 11,587 shares in the last quarter. 48.24% of the stock is owned by institutional investors and hedge funds.

Coca-Cola Consolidated Trading Down 2.0 %

Shares of COKE stock opened at $1,290.72 on Friday. The stock has a 50-day simple moving average of $1,257.54 and a 200 day simple moving average of $1,193.93. 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 capitalization of $11.31 billion, a P/E ratio of 22.46 and a beta of 0.88. Coca-Cola Consolidated, Inc. has a fifty-two week low of $789.81 and a fifty-two week 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 EPS for the quarter. Coca-Cola Consolidated had a net margin of 7.81% and a return on equity of 46.94%. The business 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.