Coca-Cola Bottling Co. Consolidated (COKE) Position Held by Alexandria Capital LLC

Alexandria Capital LLC continued to hold its position in shares of Coca-Cola Bottling Co. Consolidated (NASDAQ:COKE) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 500 shares of the company’s stock at the end of the second quarter. Alexandria Capital LLC’s holdings in Coca-Cola Bottling Co. Consolidated were worth $114,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. State Street Corp boosted its position in shares of Coca-Cola Bottling Co. Consolidated by 9.8% in the fourth quarter. State Street Corp now owns 89,077 shares of the company’s stock valued at $15,933,000 after buying an additional 7,962 shares during the last quarter. Creative Planning boosted its position in Coca-Cola Bottling Co. Consolidated by 137.0% in the first quarter. Creative Planning now owns 1,737 shares of the company’s stock worth $358,000 after buying an additional 1,004 shares during the last quarter. Teachers Advisors LLC boosted its position in Coca-Cola Bottling Co. Consolidated by 4.0% in the fourth quarter. Teachers Advisors LLC now owns 7,611 shares of the company’s stock worth $1,361,000 after buying an additional 293 shares during the last quarter. Algert Global LLC boosted its position in Coca-Cola Bottling Co. Consolidated by 4.3% in the first quarter. Algert Global LLC now owns 2,442 shares of the company’s stock worth $503,000 after buying an additional 100 shares during the last quarter. Finally, Two Sigma Securities LLC bought a new position in Coca-Cola Bottling Co. Consolidated during the first quarter worth $324,000. 38.84% of the stock is currently owned by institutional investors and hedge funds.

Coca-Cola Bottling Co. Consolidated (NASDAQ COKE) traded down 1.70% on Friday, hitting $204.67. The stock had a trading volume of 29,361 shares. The company’s 50 day moving average is $229.45 and its 200-day moving average is $208.72. Coca-Cola Bottling Co. Consolidated has a 12 month low of $125.00 and a 12 month high of $249.54. The stock has a market cap of $1.91 billion, a P/E ratio of 41.81 and a beta of 0.03.

Coca-Cola Bottling Co. Consolidated (NASDAQ:COKE) last posted its earnings results on Tuesday, August 8th. The company reported $2.36 EPS for the quarter, missing the consensus estimate of $4.10 by $1.74. The company had revenue of $1.17 billion for the quarter. Coca-Cola Bottling Co. Consolidated had a return on equity of 15.49% and a net margin of 1.23%. Analysts forecast that Coca-Cola Bottling Co. Consolidated will post $8.86 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Friday, August 11th. Investors of record on Friday, July 28th were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.49%. The ex-dividend date was Wednesday, July 26th. Coca-Cola Bottling Co. Consolidated’s dividend payout ratio (DPR) is 20.37%.

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Separately, BidaskClub cut Coca-Cola Bottling Co. Consolidated from a “buy” rating to a “hold” rating in a research report on Wednesday, July 5th.

About Coca-Cola Bottling Co. Consolidated

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.