Janus Henderson Group PLC lessened its holdings in shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE - Free Report) by 30.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 22,808 shares of the company's stock after selling 9,883 shares during the quarter. Janus Henderson Group PLC owned 0.26% of Coca-Cola Consolidated worth $30,022,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cetera Advisors LLC lifted its holdings in shares of Coca-Cola Consolidated by 3.4% during the 1st quarter. Cetera Advisors LLC now owns 420 shares of the company's stock valued at $356,000 after purchasing an additional 14 shares in the last quarter. GAMMA Investing LLC increased its position in shares of Coca-Cola Consolidated by 137.0% during the second quarter. GAMMA Investing LLC now owns 64 shares of the company's stock worth $69,000 after acquiring an additional 37 shares in the last quarter. CWM LLC raised its holdings in shares of Coca-Cola Consolidated by 17.4% during the second quarter. CWM LLC now owns 101 shares of the company's stock worth $110,000 after acquiring an additional 15 shares during the period. Csenge Advisory Group bought a new stake in Coca-Cola Consolidated in the 2nd quarter valued at approximately $217,000. Finally, SG Americas Securities LLC boosted its position in Coca-Cola Consolidated by 451.1% during the 2nd quarter. SG Americas Securities LLC now owns 2,232 shares of the company's stock worth $2,422,000 after buying an additional 1,827 shares during the period. 48.24% of the stock is currently owned by institutional investors.
Shares of NASDAQ COKE opened at $1,290.72 on Friday. The firm has a market capitalization of $11.31 billion, a P/E ratio of 22.46 and a beta of 0.88. Coca-Cola Consolidated, Inc. has a 1-year low of $789.81 and a 1-year high of $1,376.84. The firm's 50-day moving average price is $1,257.54 and its 200-day moving average price is $1,192.46. The company has a current ratio of 2.47, a quick ratio of 2.15 and a debt-to-equity ratio of 1.39.
Coca-Cola Consolidated (NASDAQ:COKE - Get Free Report) last announced its quarterly earnings results on Wednesday, October 30th. The company reported $18.81 earnings per share for the quarter. The business had revenue of $1.77 billion for the quarter. Coca-Cola Consolidated had a net margin of 7.81% and a return on equity of 46.94%.
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.
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