Coca-Cola Consolidated, Inc. $COKE Shares Bought by Chilton Investment Co. Inc.

Key Points

• Chilton Investment Co. Inc. increased its stake in Coca‑Cola Consolidated (NASDAQ:COKE) by 3.1% in Q3, adding 9,412 shares to hold 310,936 shares valued at about $36.43 million (0.36% of the company), now its 25th largest holding.
• Other institutions also ramped up positions — notably Bank of Nova Scotia (+329.2%) and AQR Capital Management (now 1,369,718 shares, ~$160.48M) — leaving total institutional ownership around 48.24%.
• Coca‑Cola Consolidated trades near its 1‑year high (opened $216.91) with a market cap of $14.44 billion, a P/E of 31.82, recent EPS of $2.11, and a quarterly dividend of $0.25 (annualized $1.00, ~0.5% yield).

Chilton Investment Co. Inc. grew its position in Coca-Cola Consolidated, Inc. (NASDAQ:COKE - Free Report) by 3.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 310,936 shares of the company's stock after acquiring an additional 9,412 shares during the period. Coca-Cola Consolidated comprises 0.7% of Chilton Investment Co. Inc.'s portfolio, making the stock its 25th largest holding. Chilton Investment Co. Inc. owned 0.36% of Coca-Cola Consolidated worth $36,429,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Bank of Nova Scotia boosted its holdings in Coca-Cola Consolidated by 329.2% in the 3rd quarter. Bank of Nova Scotia now owns 58,800 shares of the company's stock valued at $6,889,000 after purchasing an additional 45,100 shares in the last quarter. Algert Global LLC increased its position in Coca-Cola Consolidated by 33.8% during the 3rd quarter. Algert Global LLC now owns 200,974 shares of the company's stock worth $23,546,000 after purchasing an additional 50,764 shares during the period. Creative Planning raised its stake in shares of Coca-Cola Consolidated by 14.8% during the 3rd quarter. Creative Planning now owns 28,973 shares of the company's stock worth $3,394,000 after buying an additional 3,733 shares in the last quarter. Lazard Asset Management LLC raised its stake in shares of Coca-Cola Consolidated by 108.7% during the 3rd quarter. Lazard Asset Management LLC now owns 35,697 shares of the company's stock worth $4,182,000 after buying an additional 18,595 shares in the last quarter. Finally, AQR Capital Management LLC lifted its holdings in shares of Coca-Cola Consolidated by 15.5% in the 3rd quarter. AQR Capital Management LLC now owns 1,369,718 shares of the company's stock valued at $160,476,000 after buying an additional 183,781 shares during the period. 48.24% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a "buy (b)" rating on shares of Coca-Cola Consolidated in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of "Buy".

Coca-Cola Consolidated Price Performance

COKE stock opened at $216.91 on Friday. The stock's 50 day moving average price is $169.86 and its 200 day moving average price is $150.07. The firm has a market cap of $14.44 billion, a P/E ratio of 31.82 and a beta of 0.60. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.97 and a current ratio of 1.26. Coca-Cola Consolidated, Inc. has a 1 year low of $105.21 and a 1 year high of $217.00.

Coca-Cola Consolidated (NASDAQ:COKE - Get Free Report) last released its quarterly earnings results on Wednesday, February 18th. The company reported $2.11 earnings per share for the quarter. Coca-Cola Consolidated had a return on equity of 66.42% and a net margin of 7.89%.The company had revenue of $1.90 billion during the quarter.

Coca-Cola Consolidated Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 6th. Investors of record on Friday, January 23rd were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Friday, January 23rd. Coca-Cola Consolidated's dividend payout ratio (DPR) is currently 14.66%.

Coca-Cola Consolidated Profile

Founded in 1902 and headquartered in Charlotte, North Carolina, Coca-Cola Consolidated, Inc is the largest independent bottler of Coca-Cola products in the United States. The company manufactures, sells and distributes a broad portfolio of sparkling and still beverages under exclusive agreements with The Coca-Cola Company. Its brand lineup includes Coca-Cola, Diet Coke, Sprite and Fanta, as well as noncarbonated offerings such as Minute Maid juices, Gold Peak teas, Dasani water, Powerade sports drinks and vitaminwater.

Coca-Cola Consolidated's operations span 14 states and the District of Columbia across the Southeastern, South Central and Mid-Atlantic regions.

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