Coca-Cola Bottling Co Consolidated (NASDAQ:COKE) was downgraded by stock analysts at BidaskClub from a “hold” rating to a “sell” rating in a research note issued to investors on Thursday.

Coca-Cola Bottling Co Consolidated (NASDAQ COKE) opened at $202.00 on Thursday. The company has a debt-to-equity ratio of 3.04, a quick ratio of 1.28 and a current ratio of 1.61. The firm has a market cap of $1,918.03, a PE ratio of 38.20 and a beta of 0.03. Coca-Cola Bottling Co Consolidated has a 12 month low of $162.30 and a 12 month high of $249.54.

A number of hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. boosted its stake in Coca-Cola Bottling Co Consolidated by 3.0% during the second quarter. Vanguard Group Inc. now owns 440,210 shares of the company’s stock worth $100,751,000 after buying an additional 12,960 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of Coca-Cola Bottling Co Consolidated by 0.6% during the second quarter. Dimensional Fund Advisors LP now owns 286,020 shares of the company’s stock worth $65,462,000 after purchasing an additional 1,588 shares in the last quarter. State Street Corp lifted its position in shares of Coca-Cola Bottling Co Consolidated by 3.4% during the second quarter. State Street Corp now owns 117,247 shares of the company’s stock worth $26,837,000 after purchasing an additional 3,854 shares in the last quarter. Cramer Rosenthal Mcglynn LLC lifted its position in shares of Coca-Cola Bottling Co Consolidated by 33.7% during the third quarter. Cramer Rosenthal Mcglynn LLC now owns 99,680 shares of the company’s stock worth $21,506,000 after purchasing an additional 25,115 shares in the last quarter. Finally, Northern Trust Corp lifted its position in shares of Coca-Cola Bottling Co Consolidated by 3.8% during the second quarter. Northern Trust Corp now owns 65,111 shares of the company’s stock worth $14,902,000 after purchasing an additional 2,370 shares in the last quarter. 37.67% of the stock is owned by institutional investors.

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About Coca-Cola Bottling Co Consolidated

Coca-Cola Bottling Co Consolidated produces, markets and distributes nonalcoholic beverages. The Company is an independent Coca-Cola bottler in the United States. The Company’s segments include Nonalcoholic Beverages and All Other. Majority of its total bottle/can volume to retail customers consist of products of The Coca-Cola Company.

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