Coca-Cola Bottling Co. Consolidated (NASDAQ:COKE) reached a new 52-week high and low during mid-day trading on Friday . The stock traded as low as $168.46 and last traded at $169.77, with a volume of 58961 shares traded. The stock had previously closed at $169.35.
Separately, BidaskClub lowered shares of Coca-Cola Bottling Co. Consolidated from a “hold” rating to a “sell” rating in a research report on Thursday, January 4th.
The stock has a market capitalization of $1,584.46, a PE ratio of 34.93 and a beta of 0.22. The company has a debt-to-equity ratio of 2.45, a quick ratio of 0.96 and a current ratio of 1.24.
Coca-Cola Bottling Co. Consolidated (NASDAQ:COKE) last released its quarterly earnings data on Tuesday, February 27th. The company reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.13 by ($0.93). Coca-Cola Bottling Co. Consolidated had a return on equity of 11.63% and a net margin of 2.23%. The business had revenue of $1.13 billion during the quarter.
The company also recently declared a quarterly dividend, which will be paid on Friday, May 11th. Investors of record on Friday, April 27th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.59%. The ex-dividend date of this dividend is Thursday, April 26th.
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. LS Investment Advisors LLC grew its holdings in Coca-Cola Bottling Co. Consolidated by 282.8% during the 4th quarter. LS Investment Advisors LLC now owns 689 shares of the company’s stock valued at $148,000 after purchasing an additional 509 shares in the last quarter. Jane Street Group LLC acquired a new stake in Coca-Cola Bottling Co. Consolidated during the 4th quarter valued at $236,000. HBK Investments L P acquired a new stake in Coca-Cola Bottling Co. Consolidated during the 4th quarter valued at $237,000. Millennium Management LLC acquired a new stake in Coca-Cola Bottling Co. Consolidated during the 4th quarter valued at $268,000. Finally, Raymond James & Associates grew its holdings in Coca-Cola Bottling Co. Consolidated by 27.6% during the 4th quarter. Raymond James & Associates now owns 1,647 shares of the company’s stock valued at $355,000 after purchasing an additional 356 shares in the last quarter. 38.98% of the stock is owned by institutional investors and hedge funds.
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Coca-Cola Bottling Co. Consolidated Company Profile
Coca-Cola Bottling Co Consolidated, together with its subsidiaries, produces, markets, and distributes nonalcoholic beverages, primarily products of The Coca-Cola Company in the United States. The company offers sparkling beverages, including carbonated beverages; and still beverages, such as energy products, as well as noncarbonated beverages comprising bottled water, tea, ready to drink coffee, enhanced water, juices, and sports drinks.
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