Quadrant Capital Group LLC Has $390,000 Stock Holdings in Coca-Cola Consolidated, Inc. $COKE

Quadrant Capital Group LLC boosted its position in shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE) by 917.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,490 shares of the company’s stock after purchasing an additional 3,147 shares during the period. Quadrant Capital Group LLC’s holdings in Coca-Cola Consolidated were worth $390,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. CW Advisors LLC raised its stake in Coca-Cola Consolidated by 5.4% in the first quarter. CW Advisors LLC now owns 194 shares of the company’s stock valued at $262,000 after buying an additional 10 shares during the period. Resona Asset Management Co. Ltd. increased its stake in Coca-Cola Consolidated by 2.7% during the 1st quarter. Resona Asset Management Co. Ltd. now owns 455 shares of the company’s stock worth $614,000 after acquiring an additional 12 shares during the period. Kovitz Investment Group Partners LLC lifted its position in Coca-Cola Consolidated by 1.9% during the first quarter. Kovitz Investment Group Partners LLC now owns 952 shares of the company’s stock worth $1,285,000 after purchasing an additional 18 shares during the period. Glenview Trust co lifted its holdings in shares of Coca-Cola Consolidated by 8.2% during the 1st quarter. Glenview Trust co now owns 277 shares of the company’s stock worth $374,000 after acquiring an additional 21 shares during the period. Finally, Cetera Investment Advisers boosted its holdings in shares of Coca-Cola Consolidated by 1.6% in the 1st quarter. Cetera Investment Advisers now owns 1,806 shares of the company’s stock valued at $2,439,000 after purchasing an additional 28 shares in the last quarter. Institutional investors own 48.24% of the company’s stock.

Coca-Cola Consolidated Stock Up 0.8%

Coca-Cola Consolidated stock opened at $165.71 on Friday. The stock has a market cap of $14.16 billion, a PE ratio of 23.59 and a beta of 0.63. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.79 and a current ratio of 2.04. The firm’s 50-day simple moving average is $139.57 and its 200 day simple moving average is $130.14. Coca-Cola Consolidated, Inc. has a fifty-two week low of $105.21 and a fifty-two week high of $166.21.

Coca-Cola Consolidated Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 7th. Investors of record on Friday, October 24th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend was Friday, October 24th. Coca-Cola Consolidated’s dividend payout ratio (DPR) is currently 14.25%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised shares of Coca-Cola Consolidated from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy”.

Coca-Cola Consolidated Company Profile

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.