167 Shares in Coca-Cola Consolidated, Inc. (NASDAQ:COKE) Bought by M&T Bank Corp

M&T Bank Corp bought a new position in shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 167 shares of the company’s stock, valued at approximately $220,000.

Other institutional investors have also added to or reduced their stakes in the company. V Square Quantitative Management LLC bought a new position in shares of Coca-Cola Consolidated during the 3rd quarter valued at about $37,000. UMB Bank n.a. lifted its stake in Coca-Cola Consolidated by 41.9% in the third quarter. UMB Bank n.a. now owns 44 shares of the company’s stock worth $58,000 after purchasing an additional 13 shares during the last quarter. Strategic Investment Solutions Inc. IL purchased a new stake in Coca-Cola Consolidated during the second quarter valued at about $62,000. Signaturefd LLC boosted 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 buying an additional 9 shares during the period. Finally, GAMMA Investing LLC grew its stake in shares of Coca-Cola Consolidated by 39.1% during the third quarter. GAMMA Investing LLC now owns 89 shares of the company’s stock valued at $117,000 after buying an additional 25 shares during the last quarter. 48.24% of the stock is currently owned by institutional investors.

Coca-Cola Consolidated Price Performance

Shares of Coca-Cola Consolidated stock opened at $1,221.67 on Friday. The company has a debt-to-equity ratio of 1.39, a current ratio of 2.47 and a quick ratio of 2.15. Coca-Cola Consolidated, Inc. has a one year low of $800.76 and a one year high of $1,376.84. The business’s 50 day simple moving average is $1,252.74 and its two-hundred day simple moving average is $1,209.46. The stock has a market capitalization of $10.70 billion, a P/E ratio of 21.26 and a beta of 0.88.

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

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.