Coca-Cola Consolidated, Inc. (NASDAQ:COKE) Shares Sold by Warther Private Wealth LLC

Warther Private Wealth LLC cut its stake in shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE) by 36.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 272 shares of the company’s stock after selling 155 shares during the period. Warther Private Wealth LLC’s holdings in Coca-Cola Consolidated were worth $343,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Newbridge Financial Services Group Inc. acquired a new position in Coca-Cola Consolidated in the 4th quarter worth $29,000. V Square Quantitative Management LLC bought a new stake in Coca-Cola Consolidated in the third quarter valued at about $37,000. E Fund Management Hong Kong Co. Ltd. raised its stake in Coca-Cola Consolidated by 1,133.3% during the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 37 shares of the company’s stock valued at $47,000 after buying an additional 34 shares in the last quarter. Wingate Wealth Advisors Inc. bought a new position in Coca-Cola Consolidated during the 4th quarter worth approximately $52,000. Finally, UMB Bank n.a. increased its holdings in shares of Coca-Cola Consolidated by 41.9% in the 3rd quarter. UMB Bank n.a. now owns 44 shares of the company’s stock valued at $58,000 after acquiring an additional 13 shares during the last quarter. 48.24% of the stock is currently owned by hedge funds and other institutional investors.

Coca-Cola Consolidated Trading Up 0.9 %

Shares of NASDAQ COKE opened at $1,415.40 on Wednesday. Coca-Cola Consolidated, Inc. has a 12-month low of $800.76 and a 12-month high of $1,438.50. The company has a market cap of $12.40 billion, a price-to-earnings ratio of 24.63 and a beta of 0.89. The company has a current ratio of 2.47, a quick ratio of 2.15 and a debt-to-equity ratio of 1.39. The stock’s 50 day simple moving average is $1,299.02 and its 200 day simple moving average is $1,279.18.

Coca-Cola Consolidated Announces Dividend

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