Macquarie Group Ltd. Invests $256,000 in Coca-Cola Bottling Co Consolidated (COKE) Stock

Macquarie Group Ltd. bought a new position in Coca-Cola Bottling Co Consolidated (NASDAQ:COKE) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 1,187 shares of the company’s stock, valued at approximately $256,000.

Other institutional investors have also recently modified their holdings of the company. First Quadrant L P CA purchased a new position in Coca-Cola Bottling Co Consolidated in the third quarter worth about $108,000. Royal Bank of Canada raised its holdings in Coca-Cola Bottling Co Consolidated by 15.2% in the second quarter. Royal Bank of Canada now owns 530 shares of the company’s stock worth $122,000 after buying an additional 70 shares during the last quarter. Quantbot Technologies LP purchased a new position in Coca-Cola Bottling Co Consolidated in the third quarter worth about $134,000. Pinebridge Investments L.P. raised its holdings in Coca-Cola Bottling Co Consolidated by 1.0% in the second quarter. Pinebridge Investments L.P. now owns 612 shares of the company’s stock worth $140,000 after buying an additional 6 shares during the last quarter. Finally, Everence Capital Management Inc. purchased a new position in Coca-Cola Bottling Co Consolidated in the third quarter worth about $222,000. 37.70% of the stock is owned by institutional investors and hedge funds.

Coca-Cola Bottling Co Consolidated (COKE) opened at $224.61 on Tuesday. The company has a quick ratio of 1.28, a current ratio of 1.61 and a debt-to-equity ratio of 3.04. The stock has a market cap of $2,112.90, a PE ratio of 42.08 and a beta of 0.03. Coca-Cola Bottling Co Consolidated has a twelve month low of $162.30 and a twelve month high of $249.54.

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

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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.

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

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