Schwab Charles Investment Management Inc. grew its stake in shares of Coca-Cola Bottling Co. Consolidated (NASDAQ:COKE) by 46.0% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 41,709 shares of the company’s stock after buying an additional 13,136 shares during the quarter. Schwab Charles Investment Management Inc. owned approximately 0.45% of Coca-Cola Bottling Co. Consolidated worth $9,546,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of COKE. Profund Advisors LLC acquired a new position in shares of Coca-Cola Bottling Co. Consolidated during the first quarter worth $201,000. Wells Fargo & Company MN lifted its stake in shares of Coca-Cola Bottling Co. Consolidated by 23.4% in the 1st quarter. Wells Fargo & Company MN now owns 5,193 shares of the company’s stock valued at $1,070,000 after acquiring an additional 986 shares during the last quarter. Great West Life Assurance Co. Can lifted its stake in shares of Coca-Cola Bottling Co. Consolidated by 964.8% in the 1st quarter. Great West Life Assurance Co. Can now owns 6,719 shares of the company’s stock valued at $1,383,000 after acquiring an additional 6,088 shares during the last quarter. First Trust Advisors LP lifted its stake in shares of Coca-Cola Bottling Co. Consolidated by 210.8% in the 1st quarter. First Trust Advisors LP now owns 11,881 shares of the company’s stock valued at $2,448,000 after acquiring an additional 8,058 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in shares of Coca-Cola Bottling Co. Consolidated by 123.9% in the 1st quarter. Bank of New York Mellon Corp now owns 64,054 shares of the company’s stock valued at $13,197,000 after acquiring an additional 35,448 shares during the last quarter. 37.33% of the stock is currently owned by hedge funds and other institutional investors.

Separately, BidaskClub raised Coca-Cola Bottling Co. Consolidated from a “hold” rating to a “buy” rating in a report on Wednesday, July 12th.

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Coca-Cola Bottling Co. Consolidated (NASDAQ:COKE) opened at 217.96 on Tuesday. The firm has a 50-day moving average price of $210.72 and a 200-day moving average price of $216.85. The firm has a market cap of $2.03 billion, a PE ratio of 44.53 and a beta of 0.07. Coca-Cola Bottling Co. Consolidated has a one year low of $125.00 and a one year high of $249.54.

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

Coca-Cola Bottling Co. Consolidated Profile

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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