Union Bancaire Privee UBP SA Makes New Investment in Coca-Cola Consolidated, Inc. (NASDAQ:COKE)

Union Bancaire Privee UBP SA bought a new position in Coca-Cola Consolidated, Inc. (NASDAQ:COKE) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 700 shares of the company’s stock, valued at approximately $882,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Newbridge Financial Services Group Inc. bought a new position in Coca-Cola Consolidated in the 4th quarter worth about $29,000. E Fund Management Hong Kong Co. Ltd. boosted its holdings in shares of Coca-Cola Consolidated by 1,133.3% in the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 37 shares of the company’s stock valued at $47,000 after acquiring an additional 34 shares in the last quarter. Allworth Financial LP boosted its holdings in shares of Coca-Cola Consolidated by 260.0% in the fourth quarter. Allworth Financial LP now owns 36 shares of the company’s stock valued at $48,000 after acquiring an additional 26 shares in the last quarter. Wingate Wealth Advisors Inc. bought a new position in shares of Coca-Cola Consolidated in the fourth quarter valued at approximately $52,000. Finally, Wilmington Savings Fund Society FSB bought a new position in shares of Coca-Cola Consolidated in the third quarter valued at approximately $72,000. Institutional investors own 48.24% of the company’s stock.

Coca-Cola Consolidated Trading Up 0.6 %

Coca-Cola Consolidated stock opened at $1,390.94 on Tuesday. The firm has a 50 day simple moving average of $1,322.88 and a 200-day simple moving average of $1,292.03. The company has a debt-to-equity ratio of 1.39, a current ratio of 2.47 and a quick ratio of 2.15. The stock has a market capitalization of $12.19 billion, a PE ratio of 19.91 and a beta of 0.89. Coca-Cola Consolidated, Inc. has a 12-month low of $800.76 and a 12-month high of $1,460.92.

Coca-Cola Consolidated (NASDAQ:COKE) last posted its quarterly earnings data on Thursday, February 20th. The company reported $18.11 earnings per share (EPS) for the quarter. The business had revenue of $1.75 billion during the quarter. Coca-Cola Consolidated had a net margin of 9.18% and a return on equity of 49.88%.

Coca-Cola Consolidated Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 7th. Stockholders of record on Friday, January 24th were issued a $2.50 dividend. This represents a $10.00 annualized dividend and a dividend yield of 0.72%. The ex-dividend date of this dividend was Friday, January 24th. Coca-Cola Consolidated’s dividend payout ratio (DPR) is presently 14.32%.

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.