Stifel Financial Corp Has $2.03 Million Stock Position in Coca-Cola Consolidated, Inc. (NASDAQ:COKE)

Stifel Financial Corp lifted its holdings in shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE) by 7.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,534 shares of the company’s stock after purchasing an additional 112 shares during the quarter. Stifel Financial Corp’s holdings in Coca-Cola Consolidated were worth $2,026,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. V Square Quantitative Management LLC bought a new position in Coca-Cola Consolidated in the third quarter valued at approximately $37,000. UMB Bank n.a. raised its position in 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 buying an additional 13 shares during the last quarter. Strategic Investment Solutions Inc. IL bought a new stake in Coca-Cola Consolidated in the 2nd quarter valued at approximately $62,000. Signaturefd LLC boosted its position in Coca-Cola Consolidated by 15.3% during the 2nd quarter. Signaturefd LLC now owns 68 shares of the company’s stock worth $74,000 after acquiring an additional 9 shares during the last quarter. Finally, Hollencrest Capital Management grew its stake in shares of Coca-Cola Consolidated by 119.0% during the 2nd quarter. Hollencrest Capital Management now owns 92 shares of the company’s stock worth $100,000 after acquiring an additional 50 shares in the last quarter. Institutional investors own 48.24% of the company’s stock.

Coca-Cola Consolidated Stock Performance

Shares of COKE stock opened at $1,221.67 on Friday. Coca-Cola Consolidated, Inc. has a 12 month low of $800.76 and a 12 month high of $1,376.84. The company’s fifty day simple moving average is $1,252.74 and its 200-day simple moving average is $1,209.46. The firm has a market cap of $10.70 billion, a PE ratio of 21.26 and a beta of 0.88. The company has a quick ratio of 2.15, a current ratio of 2.47 and a debt-to-equity ratio of 1.39.

Coca-Cola Consolidated (NASDAQ:COKE) last released its earnings results on Wednesday, October 30th. The company reported $18.81 earnings per share (EPS) for the quarter. The business had revenue of $1.77 billion for 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.