Universal Beteiligungs und Servicegesellschaft mbH Sells 15,316 Shares of Coca-Cola Consolidated, Inc. $COKE

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH trimmed its stake in Coca‑Cola Consolidated by 56.8%, selling 15,316 shares in Q4 and retaining 11,667 shares valued at about $1.79 million at quarter-end.
• The company declared a quarterly dividend of $0.25 per share (annualized $1.00, yield ~0.5%), with an ex-dividend date of April 24 and payment scheduled for May 8.
• Coca‑Cola Consolidated reported EPS of $2.11 on $1.90 billion in revenue for the quarter, trades around $203.92 (52‑week range $105.21–$219.65) and carries an average analyst rating of Buy (Weiss Ratings reiterated a buy).

Universal Beteiligungs und Servicegesellschaft mbH trimmed its holdings in Coca-Cola Consolidated, Inc. (NASDAQ:COKE - Free Report) by 56.8% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 11,667 shares of the company's stock after selling 15,316 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH's holdings in Coca-Cola Consolidated were worth $1,789,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Fifth Third Bancorp increased its holdings in Coca-Cola Consolidated by 16.0% in the 3rd quarter. Fifth Third Bancorp now owns 528 shares of the company's stock worth $62,000 after buying an additional 73 shares in the last quarter. Blue Trust Inc. increased its holdings in Coca-Cola Consolidated by 9.8% in the 3rd quarter. Blue Trust Inc. now owns 909 shares of the company's stock worth $106,000 after buying an additional 81 shares in the last quarter. Legacy Wealth Asset Management LLC increased its holdings in Coca-Cola Consolidated by 2.3% in the 4th quarter. Legacy Wealth Asset Management LLC now owns 4,021 shares of the company's stock worth $616,000 after buying an additional 89 shares in the last quarter. Private Advisor Group LLC increased its holdings in Coca-Cola Consolidated by 2.2% in the 3rd quarter. Private Advisor Group LLC now owns 4,297 shares of the company's stock worth $503,000 after buying an additional 94 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund increased its holdings in Coca-Cola Consolidated by 0.8% in the 3rd quarter. Oregon Public Employees Retirement Fund now owns 12,080 shares of the company's stock worth $1,415,000 after buying an additional 100 shares in the last quarter. 48.24% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, Weiss Ratings restated a "buy (b)" rating on shares of Coca-Cola Consolidated in a research note on Friday, March 27th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of "Buy".

Coca-Cola Consolidated Trading Down 0.6%

Coca-Cola Consolidated stock opened at $203.92 on Friday. The business has a 50-day simple moving average of $197.96 and a two-hundred day simple moving average of $168.10. The company has a market cap of $13.57 billion, a P/E ratio of 29.91 and a beta of 0.61. Coca-Cola Consolidated, Inc. has a 52-week low of $105.21 and a 52-week high of $219.65. The company has a quick ratio of 0.97, a current ratio of 1.26 and a debt-to-equity ratio of 0.88.

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 (EPS) for the quarter. The business had revenue of $1.90 billion during the quarter. Coca-Cola Consolidated had a return on equity of 66.42% and a net margin of 7.89%.

Coca-Cola Consolidated Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 8th. Shareholders of record on Friday, April 24th will be paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Friday, April 24th. Coca-Cola Consolidated's payout ratio is currently 14.66%.

About Coca-Cola Consolidated

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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