Coca-Cola Bottling Co. Consolidated (NASDAQ:COKE) Shares Bought by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP raised its position in shares of Coca-Cola Bottling Co. Consolidated (NASDAQ:COKE) by 0.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 284,432 shares of the company’s stock after buying an additional 1,484 shares during the period. Dimensional Fund Advisors LP’s holdings in Coca-Cola Bottling Co. Consolidated were worth $58,598,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. State of Alaska Department of Revenue acquired a new position in shares of Coca-Cola Bottling Co. Consolidated during the first quarter worth approximately $105,000. Profund Advisors LLC acquired a new position in shares of Coca-Cola Bottling Co. Consolidated during the first quarter worth approximately $201,000. Capstone Asset Management Co. acquired a new position in shares of Coca-Cola Bottling Co. Consolidated during the first quarter worth approximately $204,000. Leavell Investment Management Inc. purchased a new position in Coca-Cola Bottling Co. Consolidated during the first quarter worth about $206,000. Finally, Mason Street Advisors LLC purchased a new position in Coca-Cola Bottling Co. Consolidated during the first quarter worth about $224,000. Institutional investors own 38.62% of the company’s stock.

Coca-Cola Bottling Co. Consolidated (COKE) opened at 226.96 on Monday. The firm has a 50-day moving average price of $223.95 and a 200-day moving average price of $194.77. Coca-Cola Bottling Co. Consolidated has a 12-month low of $125.00 and a 12-month high of $240.45. The company has a market cap of $2.12 billion, a P/E ratio of 38.51 and a beta of 0.03.

Coca-Cola Bottling Co. Consolidated (NASDAQ:COKE) last issued its earnings results on Tuesday, May 9th. The company reported $0.45 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.04 by $0.59. Coca-Cola Bottling Co. Consolidated had a return on equity of 14.95% and a net margin of 1.62%. The firm had revenue of $865.70 million during the quarter. On average, equities research analysts forecast that Coca-Cola Bottling Co. Consolidated will post $9.75 earnings per share for the current fiscal year.

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Separately, BidaskClub downgraded Coca-Cola Bottling Co. Consolidated from a “buy” rating to a “hold” rating in a 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.

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

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