Cramer Rosenthal Mcglynn LLC cut its stake in shares of Coca-Cola Bottling Co. Consolidated (NASDAQ:COKE) by 5.1% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 74,565 shares of the company’s stock after selling 4,030 shares during the quarter. Cramer Rosenthal Mcglynn LLC owned approximately 0.80% of Coca-Cola Bottling Co. Consolidated worth $17,066,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. BlackRock Inc. increased its position in shares of Coca-Cola Bottling Co. Consolidated by 124,691.4% during the first quarter. BlackRock Inc. now owns 562,809 shares of the company’s stock worth $115,950,000 after acquiring an additional 562,358 shares during the period. Vanguard Group Inc. increased its position in shares of 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 acquiring an additional 12,960 shares during the period. Dimensional Fund Advisors LP increased 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 acquiring an additional 1,588 shares during the period. State Street Corp increased its position in shares of Coca-Cola Bottling Co. Consolidated by 27.3% during the first quarter. State Street Corp now owns 113,393 shares of the company’s stock worth $23,364,000 after acquiring an additional 24,316 shares during the period. Finally, Northern Trust Corp increased 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 acquiring an additional 2,370 shares during the period. 37.33% of the stock is currently owned by institutional investors and hedge funds.

Shares of Coca-Cola Bottling Co. Consolidated (NASDAQ COKE) traded up 0.53% during trading on Thursday, hitting $221.61. 8,986 shares of the stock were exchanged. The stock’s 50 day moving average price is $211.20 and its 200-day moving average price is $217.05. The company has a market cap of $2.07 billion, a price-to-earnings ratio of 45.27 and a beta of 0.06. Coca-Cola Bottling Co. Consolidated has a one year low of $125.00 and a one year high of $249.54.

Coca-Cola Bottling Co. Consolidated (NASDAQ:COKE) last issued its quarterly earnings data on Tuesday, August 8th. The company reported $2.36 EPS for the quarter, missing the consensus estimate of $4.10 by ($1.74). Coca-Cola Bottling Co. Consolidated had a return on equity of 15.49% and a net margin of 1.23%. The company had revenue of $1.17 billion during the quarter. On average, analysts predict that Coca-Cola Bottling Co. Consolidated will post $8.86 EPS for the current year.

Separately, BidaskClub lowered shares of Coca-Cola Bottling Co. Consolidated from a “buy” rating to a “hold” rating in a research report on Wednesday, July 5th.

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Coca-Cola Bottling Co. Consolidated Profile

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.

Institutional Ownership by Quarter for Coca-Cola Bottling Co. Consolidated (NASDAQ:COKE)

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