Bank of Montreal Can cut its holdings in Coca-Cola Bottling Co Consolidated (NASDAQ:COKE) by 6.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,741 shares of the company’s stock after selling 441 shares during the period. Bank of Montreal Can’s holdings in Coca-Cola Bottling Co Consolidated were worth $1,451,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of COKE. Wells Fargo & Company MN lifted its holdings in Coca-Cola Bottling Co Consolidated by 8.0% in the 2nd quarter. Wells Fargo & Company MN now owns 5,606 shares of the company’s stock worth $1,284,000 after purchasing an additional 413 shares in the last quarter. Teachers Advisors LLC lifted its holdings in Coca-Cola Bottling Co Consolidated by 2.2% in the 2nd quarter. Teachers Advisors LLC now owns 8,326 shares of the company’s stock worth $1,906,000 after purchasing an additional 179 shares in the last quarter. New York State Common Retirement Fund lifted its holdings in Coca-Cola Bottling Co Consolidated by 56.6% in the 2nd quarter. New York State Common Retirement Fund now owns 9,012 shares of the company’s stock worth $2,063,000 after purchasing an additional 3,259 shares in the last quarter. Northern Trust Corp lifted its holdings in Coca-Cola Bottling Co Consolidated by 3.8% in the 2nd quarter. Northern Trust Corp now owns 65,111 shares of the company’s stock worth $14,902,000 after purchasing an additional 2,370 shares in the last quarter. Finally, Vanguard Group Inc. raised its holdings in shares of Coca-Cola Bottling Co Consolidated by 3.0% during the 2nd quarter. Vanguard Group Inc. now owns 440,210 shares of the company’s stock worth $100,751,000 after acquiring an additional 12,960 shares in the last quarter. 37.65% of the stock is currently owned by institutional investors.

Separately, BidaskClub cut Coca-Cola Bottling Co Consolidated from a “buy” rating to a “hold” rating in a report on Wednesday, December 20th.

Shares of Coca-Cola Bottling Co Consolidated (NASDAQ:COKE) opened at $183.79 on Thursday. The stock has a market capitalization of $1,720.00, a P/E ratio of 54.86 and a beta of -0.01. Coca-Cola Bottling Co Consolidated has a twelve month low of $170.93 and a twelve month high of $249.54. The company has a current ratio of 1.61, a quick ratio of 1.28 and a debt-to-equity ratio of 3.04.

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 9th. Stockholders of record on Friday, January 26th were issued a dividend of $0.25 per share. The ex-dividend date was Thursday, January 25th. This represents a $1.00 annualized dividend and a dividend yield of 0.54%. Coca-Cola Bottling Co Consolidated’s dividend payout ratio (DPR) is 29.85%.

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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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