Oregon Public Employees Retirement Fund Purchases 25 Shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE)

Oregon Public Employees Retirement Fund increased its position in Coca-Cola Consolidated, Inc. (NASDAQ:COKE) by 2.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,198 shares of the company’s stock after purchasing an additional 25 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Coca-Cola Consolidated were worth $1,509,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of COKE. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Coca-Cola Consolidated by 48.8% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 1,382 shares of the company’s stock valued at $1,819,000 after purchasing an additional 453 shares during the period. First Trust Direct Indexing L.P. raised its holdings in Coca-Cola Consolidated by 15.5% in the 3rd quarter. First Trust Direct Indexing L.P. now owns 238 shares of the company’s stock valued at $313,000 after acquiring an additional 32 shares during the period. Pacific Sage Partners LLC bought a new position in Coca-Cola Consolidated in the 3rd quarter valued at about $211,000. Farther Finance Advisors LLC raised its holdings in Coca-Cola Consolidated by 1,590.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 186 shares of the company’s stock valued at $245,000 after acquiring an additional 175 shares during the period. Finally, James Investment Research Inc. raised its holdings in Coca-Cola Consolidated by 40.3% in the 3rd quarter. James Investment Research Inc. now owns 1,355 shares of the company’s stock valued at $1,784,000 after acquiring an additional 389 shares during the period. 48.24% of the stock is owned by institutional investors.

Coca-Cola Consolidated Stock Up 1.1 %

Coca-Cola Consolidated stock opened at $1,417.12 on Friday. The stock has a market cap of $12.42 billion, a P/E ratio of 20.29 and a beta of 0.89. 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 twelve month low of $800.76 and a twelve month high of $1,460.92. The company’s 50-day moving average price is $1,332.43 and its two-hundred day moving average price is $1,294.24.

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

Coca-Cola Consolidated Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 7th. Shareholders of record on Friday, January 24th were given a dividend of $2.50 per share. The ex-dividend date was Friday, January 24th. This represents a $10.00 dividend on an annualized basis and a dividend yield of 0.71%. Coca-Cola Consolidated’s payout ratio is presently 14.32%.

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.