MML Investors Services LLC Has $637,000 Position in Coca-Cola Consolidated, Inc. (NASDAQ:COKE)

MML Investors Services LLC trimmed its holdings in shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE) by 7.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 484 shares of the company’s stock after selling 41 shares during the period. MML Investors Services LLC’s holdings in Coca-Cola Consolidated were worth $637,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the business. V Square Quantitative Management LLC bought a new stake in Coca-Cola Consolidated during the third quarter worth about $37,000. UMB Bank n.a. increased its position 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 worth $58,000 after purchasing an additional 13 shares during the last quarter. Strategic Investment Solutions Inc. IL bought a new stake in shares of Coca-Cola Consolidated during the 2nd quarter worth approximately $62,000. Signaturefd LLC boosted its holdings in shares of Coca-Cola Consolidated by 15.3% in the 2nd quarter. Signaturefd LLC now owns 68 shares of the company’s stock valued at $74,000 after buying an additional 9 shares during the last quarter. Finally, Hollencrest Capital Management grew its stake in shares of Coca-Cola Consolidated by 119.0% in the second quarter. Hollencrest Capital Management now owns 92 shares of the company’s stock valued at $100,000 after buying an additional 50 shares in the last quarter. 48.24% of the stock is currently owned by institutional investors and hedge funds.

Coca-Cola Consolidated Price Performance

Shares of COKE opened at $1,202.59 on Friday. 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 company’s fifty day simple moving average is $1,251.13 and its 200 day simple moving average is $1,212.56. Coca-Cola Consolidated, Inc. has a 1-year low of $800.76 and a 1-year high of $1,376.84. The company has a market cap of $10.54 billion, a price-to-earnings ratio of 20.93 and a beta of 0.88.

Coca-Cola Consolidated (NASDAQ:COKE) last released its quarterly earnings data on Wednesday, October 30th. The company reported $18.81 earnings per share 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.

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.