Tidal Investments LLC Purchases 1,072 Shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE)

Tidal Investments LLC grew its position in shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE) by 214.0% in the 3rd quarter, HoldingsChannel reports. The firm owned 1,573 shares of the company’s stock after acquiring an additional 1,072 shares during the quarter. Tidal Investments LLC’s holdings in Coca-Cola Consolidated were worth $2,071,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. V Square Quantitative Management LLC purchased a new position in shares of Coca-Cola Consolidated during the 3rd quarter valued at about $37,000. UMB Bank n.a. raised its stake in shares of Coca-Cola Consolidated by 41.9% during the third quarter. UMB Bank n.a. now owns 44 shares of the company’s stock worth $58,000 after acquiring an additional 13 shares in the last quarter. Strategic Investment Solutions Inc. IL bought a new stake in shares of Coca-Cola Consolidated in the 2nd quarter worth approximately $62,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of Coca-Cola Consolidated in the 3rd quarter valued at $72,000. Finally, Signaturefd LLC grew its holdings in shares of Coca-Cola Consolidated by 15.3% during the 2nd quarter. Signaturefd LLC now owns 68 shares of the company’s stock valued at $74,000 after purchasing an additional 9 shares during the last quarter. 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 $1,266.23 on Tuesday. The company’s fifty day moving average is $1,255.49 and its 200 day moving average is $1,207.46. 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 $800.76 and a 52 week high of $1,376.84. The stock has a market cap of $11.09 billion, a PE ratio of 22.04 and a beta of 0.88.

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

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.