Coca-Cola Consolidated, Inc. (NASDAQ:COKE) Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC decreased its holdings in Coca-Cola Consolidated, Inc. (NASDAQ:COKE) by 22.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 187 shares of the company’s stock after selling 54 shares during the quarter. SG Americas Securities LLC’s holdings in Coca-Cola Consolidated were worth $236,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. V Square Quantitative Management LLC purchased a new stake in shares of Coca-Cola Consolidated during the 3rd quarter worth approximately $37,000. UMB Bank n.a. grew its stake in 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. Wilmington Savings Fund Society FSB acquired a new position in shares of Coca-Cola Consolidated in the third quarter worth $72,000. GAMMA Investing LLC boosted its position in Coca-Cola Consolidated by 39.1% during the third quarter. GAMMA Investing LLC now owns 89 shares of the company’s stock worth $117,000 after acquiring an additional 25 shares during the last quarter. Finally, Sunbelt Securities Inc. grew its holdings in Coca-Cola Consolidated by 16.3% in the 3rd quarter. Sunbelt Securities Inc. now owns 93 shares of the company’s stock valued at $122,000 after buying an additional 13 shares during the period. Hedge funds and other institutional investors own 48.24% of the company’s stock.

Coca-Cola Consolidated Trading Down 1.3 %

NASDAQ COKE opened at $1,360.13 on Friday. The firm has a market capitalization of $11.92 billion, a price-to-earnings ratio of 23.67 and a beta of 0.89. Coca-Cola Consolidated, Inc. has a one year low of $800.76 and a one year high of $1,438.50. The company’s 50 day moving average price is $1,292.63 and its 200 day moving average price is $1,270.21. The company has a debt-to-equity ratio of 1.39, a quick ratio of 2.15 and a current ratio of 2.47.

Coca-Cola Consolidated Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 7th. Investors of record on Friday, January 24th will be issued a $2.50 dividend. This represents a $10.00 annualized dividend and a yield of 0.74%. The ex-dividend date of this dividend is Friday, January 24th. Coca-Cola Consolidated’s dividend 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.