Coca-Cola Consolidated, Inc. (NASDAQ:COKE) Holdings Cut by Hancock Whitney Corp

Hancock Whitney Corp lowered its stake in shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE) by 0.1% in the third quarter, HoldingsChannel reports. The institutional investor owned 13,198 shares of the company’s stock after selling 13 shares during the period. Hancock Whitney Corp’s holdings in Coca-Cola Consolidated were worth $17,374,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. V Square Quantitative Management LLC purchased a new stake in shares of Coca-Cola Consolidated during the third quarter worth $37,000. EntryPoint Capital LLC purchased a new stake in shares of Coca-Cola Consolidated during the 1st quarter worth about $30,000. UMB Bank n.a. lifted its holdings in shares of 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 buying an additional 13 shares during the last quarter. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Coca-Cola Consolidated during the 2nd quarter valued at about $62,000. Finally, GAMMA Investing LLC grew its stake in shares of Coca-Cola Consolidated by 137.0% in the 2nd quarter. GAMMA Investing LLC now owns 64 shares of the company’s stock valued at $69,000 after buying an additional 37 shares in 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 COKE opened at $1,259.92 on Monday. The company has a debt-to-equity ratio of 1.39, a quick ratio of 2.15 and a current ratio of 2.47. The firm has a market cap of $11.04 billion, a PE ratio of 21.93 and a beta of 0.85. The firm’s 50 day moving average price is $1,252.44 and its 200 day moving average price is $1,170.46. Coca-Cola Consolidated, Inc. has a twelve month low of $716.80 and a twelve month high of $1,376.84.

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

Coca-Cola Consolidated 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.