California State Teachers Retirement System cut its stake in shares of Coca-Cola Bottling Co. (NASDAQ:COKE) by 0.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,885 shares of the company’s stock after selling 14 shares during the period. California State Teachers Retirement System owned about 0.11% of Coca-Cola Bottling worth $1,458,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in COKE. Benjamin F. Edwards & Company Inc. raised its position in shares of Coca-Cola Bottling by 38.2% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 724 shares of the company’s stock valued at $107,000 after buying an additional 200 shares in the last quarter. Royal Bank of Canada raised its position in shares of Coca-Cola Bottling by 91.5% in the first quarter. Royal Bank of Canada now owns 906 shares of the company’s stock valued at $145,000 after buying an additional 433 shares in the last quarter. Legal & General Group Plc raised its position in shares of Coca-Cola Bottling by 50.1% in the first quarter. Legal & General Group Plc now owns 1,295 shares of the company’s stock valued at $210,000 after buying an additional 432 shares in the last quarter. Aperio Group LLC raised its position in shares of Coca-Cola Bottling by 8.0% in the first quarter. Aperio Group LLC now owns 1,812 shares of the company’s stock valued at $289,000 after buying an additional 134 shares in the last quarter. Finally, Carroll Financial Associates Inc. raised its position in shares of Coca-Cola Bottling by 75.7% in the second quarter. Carroll Financial Associates Inc. now owns 2,901 shares of the company’s stock valued at $427,000 after buying an additional 1,250 shares in the last quarter. Institutional investors and hedge funds own 39.43% of the company’s stock.

Coca-Cola Bottling Co. (NASDAQ:COKE) traded up 0.75% during midday trading on Tuesday, hitting $145.73. 66,670 shares of the company were exchanged. The firm has a market capitalization of $1.36 billion, a PE ratio of 38.29 and a beta of 0.08. The stock has a 50 day moving average of $149.45 and a 200 day moving average of $150.19. Coca-Cola Bottling Co. has a 1-year low of $119.80 and a 1-year high of $220.93.

Separately, TheStreet lowered shares of Coca-Cola Bottling from a “buy” rating to a “hold” rating in a report on Tuesday, May 24th.

Coca-Cola Bottling Company Profile

Coca-Cola Bottling Co Consolidated produces, markets and distributes nonalcoholic beverages, primarily products of The Coca-Cola Company, which include beverage brands. The Company is an independent Coca-Cola bottler in the United States. The Company’s segments are Nonalcoholic Beverages and All Other.

5 Day Chart for NASDAQ:COKE

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