Strs Ohio bought a new position in shares of Coca-Cola Bottling Co. Consolidated (NASDAQ:COKE) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 4,200 shares of the company’s stock, valued at approximately $906,000.

A number of other large investors have also bought and sold shares of COKE. BlackRock Inc. boosted its position in Coca-Cola Bottling Co. Consolidated by 124,691.4% during the 1st quarter. BlackRock Inc. now owns 562,809 shares of the company’s stock worth $115,950,000 after buying an additional 562,358 shares during the period. Vanguard Group Inc. raised its holdings in Coca-Cola Bottling Co. Consolidated by 16.1% during the 1st quarter. Vanguard Group Inc. now owns 427,250 shares of the company’s stock worth $88,022,000 after purchasing an additional 59,167 shares during the last quarter. Principal Financial Group Inc. bought a new position in Coca-Cola Bottling Co. Consolidated during the 1st quarter worth approximately $7,268,000. AJO LP bought a new position in Coca-Cola Bottling Co. Consolidated during the 2nd quarter worth approximately $5,797,000. Finally, Goldman Sachs Group Inc. raised its holdings in Coca-Cola Bottling Co. Consolidated by 1,011.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 27,005 shares of the company’s stock worth $5,564,000 after purchasing an additional 24,576 shares during the last quarter. Institutional investors and hedge funds own 37.33% of the company’s stock.

Separately, BidaskClub upgraded shares of Coca-Cola Bottling Co. Consolidated from a “hold” rating to a “buy” rating in a report on Wednesday, July 12th.

Coca-Cola Bottling Co. Consolidated (COKE) opened at $224.19 on Friday. The company has a current ratio of 1.35, a quick ratio of 1.01 and a debt-to-equity ratio of 3.05. Coca-Cola Bottling Co. Consolidated has a fifty-two week low of $125.00 and a fifty-two week high of $249.54. The stock has a market cap of $2,092.37, a P/E ratio of 37.49 and a beta of 0.06.

Coca-Cola Bottling Co. Consolidated (NASDAQ:COKE) last released its quarterly earnings results on Tuesday, August 8th. The company reported $2.36 earnings per share (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 firm had revenue of $1.17 billion for the quarter.

The company also recently declared a quarterly dividend, which will be paid on Friday, November 10th. Shareholders of record on Friday, October 27th will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, October 26th. This represents a $1.00 annualized dividend and a yield of 0.45%. Coca-Cola Bottling Co. Consolidated’s payout ratio is 20.37%.

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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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