Oregon Public Employees Retirement Fund Has $1.51 Million Holdings in Coca-Cola Consolidated, Inc. (NASDAQ:COKE)

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

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. CIBC Asset Management Inc boosted its stake in Coca-Cola Consolidated by 5.1% in the 4th quarter. CIBC Asset Management Inc now owns 247 shares of the company’s stock worth $311,000 after purchasing an additional 12 shares during the period. Sunbelt Securities Inc. lifted its position in Coca-Cola Consolidated by 16.3% during the 3rd quarter. Sunbelt Securities Inc. now owns 93 shares of the company’s stock worth $122,000 after buying an additional 13 shares in the last quarter. KG&L Capital Management LLC lifted its position in Coca-Cola Consolidated by 2.0% during the 4th quarter. KG&L Capital Management LLC now owns 720 shares of the company’s stock worth $907,000 after buying an additional 14 shares in the last quarter. GAMMA Investing LLC lifted its position in Coca-Cola Consolidated by 16.9% during the 4th quarter. GAMMA Investing LLC now owns 104 shares of the company’s stock worth $131,000 after buying an additional 15 shares in the last quarter. Finally, Sanctuary Advisors LLC lifted its position in Coca-Cola Consolidated by 1.9% during the 4th quarter. Sanctuary Advisors LLC now owns 986 shares of the company’s stock worth $1,347,000 after buying an additional 18 shares in the last quarter. 48.24% of the stock is owned by institutional investors and hedge funds.

Coca-Cola Consolidated Trading Up 1.1 %

Shares of NASDAQ:COKE opened at $1,417.12 on Friday. The company’s 50-day moving average price is $1,332.43 and its two-hundred day moving average price is $1,294.24. The company has a debt-to-equity ratio of 1.39, a current ratio of 2.47 and a quick ratio of 2.15. Coca-Cola Consolidated, Inc. has a one year low of $800.76 and a one year high of $1,460.92. The stock has a market capitalization of $12.42 billion, a PE ratio of 20.29 and a beta of 0.89.

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

Coca-Cola Consolidated Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 7th. Stockholders of record on Friday, January 24th were issued a $2.50 dividend. 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 14.32%.

About Coca-Cola Consolidated

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.