Coca-Cola Consolidated, Inc. (NASDAQ:COKE) Shares Acquired by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC raised its holdings in shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE) by 8.7% in the 3rd quarter, HoldingsChannel reports. The fund owned 5,939 shares of the company’s stock after buying an additional 474 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Coca-Cola Consolidated were worth $7,818,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in COKE. Natixis Advisors LLC boosted its position in shares of Coca-Cola Consolidated by 1.6% in the 3rd quarter. Natixis Advisors LLC now owns 15,792 shares of the company’s stock valued at $20,788,000 after purchasing an additional 254 shares during the period. Empowered Funds LLC boosted its position in shares of Coca-Cola Consolidated by 63.8% in the 3rd quarter. Empowered Funds LLC now owns 6,123 shares of the company’s stock valued at $8,060,000 after purchasing an additional 2,385 shares during the period. ING Groep NV acquired a new stake in shares of Coca-Cola Consolidated in the 3rd quarter valued at about $3,818,000. KBC Group NV boosted its position in shares of Coca-Cola Consolidated by 87.4% in the 3rd quarter. KBC Group NV now owns 268 shares of the company’s stock valued at $353,000 after purchasing an additional 125 shares during the period. Finally, ROI Financial Advisors LLC boosted its position in shares of Coca-Cola Consolidated by 66.7% in the 3rd quarter. ROI Financial Advisors LLC now owns 360 shares of the company’s stock valued at $474,000 after purchasing an additional 144 shares during the period. 48.24% of the stock is owned by institutional investors and hedge funds.

Coca-Cola Consolidated Stock Down 0.1 %

Shares of NASDAQ COKE opened at $1,209.25 on Tuesday. The stock has a market cap of $10.59 billion, a PE ratio of 21.05 and a beta of 0.85. 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, Inc. has a 52-week low of $705.50 and a 52-week high of $1,376.84. The business has a 50-day moving average price of $1,258.58 and a 200 day moving average price of $1,158.70.

Coca-Cola Consolidated (NASDAQ:COKE) last announced its 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%.

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.