Caitlin John LLC Raises Stock Position in Coca-Cola Consolidated, Inc. (NASDAQ:COKE)

Caitlin John LLC boosted its position in shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE) by 2.6% in the fourth quarter, HoldingsChannel reports. The fund owned 1,276 shares of the company’s stock after purchasing an additional 32 shares during the quarter. Caitlin John LLC’s holdings in Coca-Cola Consolidated were worth $1,607,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. V Square Quantitative Management LLC acquired a new position in shares of Coca-Cola Consolidated during the third quarter valued at about $37,000. E Fund Management Hong Kong Co. Ltd. grew its position in Coca-Cola Consolidated by 1,133.3% during the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 37 shares of the company’s stock worth $47,000 after purchasing an additional 34 shares during the last quarter. UMB Bank n.a. increased its stake in Coca-Cola Consolidated by 41.9% during the 3rd quarter. UMB Bank n.a. now owns 44 shares of the company’s stock valued at $58,000 after purchasing an additional 13 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in shares of Coca-Cola Consolidated in the third quarter worth $72,000. Finally, Sound Income Strategies LLC raised its holdings in shares of Coca-Cola Consolidated by 143.3% in the fourth quarter. Sound Income Strategies LLC now owns 73 shares of the company’s stock worth $92,000 after buying an additional 43 shares during the last quarter. 48.24% of the stock is currently owned by institutional investors and hedge funds.

Coca-Cola Consolidated Price Performance

Shares of COKE opened at $1,377.76 on Thursday. 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 company’s fifty day moving average price is $1,292.63 and its 200-day moving average price is $1,270.21. Coca-Cola Consolidated, Inc. has a 1-year low of $800.76 and a 1-year high of $1,438.50. The firm has a market capitalization of $12.07 billion, a PE ratio of 23.98 and a beta of 0.89.

Coca-Cola Consolidated Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 7th. Stockholders of record on Friday, January 24th will be issued a $2.50 dividend. This represents a $10.00 dividend on an annualized basis and a dividend yield of 0.73%. The ex-dividend date of this dividend is Friday, January 24th. Coca-Cola Consolidated’s dividend payout ratio is presently 17.40%.

Coca-Cola Consolidated Company Profile

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.