Wingate Wealth Advisors Inc. Takes Position in Coca-Cola Consolidated, Inc. (NASDAQ:COKE)

Wingate Wealth Advisors Inc. bought a new stake in shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 41 shares of the company’s stock, valued at approximately $52,000.

Other large investors have also recently made changes to their positions in the company. Newbridge Financial Services Group Inc. purchased a new position in shares of Coca-Cola Consolidated during the fourth quarter valued at approximately $29,000. V Square Quantitative Management LLC purchased a new position in Coca-Cola Consolidated in the 3rd quarter worth approximately $37,000. E Fund Management Hong Kong Co. Ltd. raised its holdings in Coca-Cola Consolidated by 1,133.3% in the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 37 shares of the company’s stock worth $47,000 after acquiring an additional 34 shares during the last quarter. UMB Bank n.a. raised its holdings in Coca-Cola Consolidated by 41.9% in the 3rd quarter. UMB Bank n.a. now owns 44 shares of the company’s stock worth $58,000 after acquiring an additional 13 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new position in Coca-Cola Consolidated in the 3rd quarter worth approximately $72,000. 48.24% of the stock is currently owned by hedge funds and other institutional investors.

Coca-Cola Consolidated Price Performance

Shares of NASDAQ COKE opened at $1,402.42 on Tuesday. Coca-Cola Consolidated, Inc. has a twelve month low of $800.76 and a twelve month high of $1,438.50. The firm has a market cap of $12.29 billion, a P/E ratio of 24.41 and a beta of 0.89. The company has a 50 day moving average of $1,296.80 and a 200 day moving average of $1,277.17. 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 Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 7th. Investors of record on Friday, January 24th were issued a $2.50 dividend. The ex-dividend date of this dividend was Friday, January 24th. This represents a $10.00 dividend on an annualized basis and a yield of 0.71%. Coca-Cola Consolidated’s payout ratio is currently 17.40%.

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.