--- title: "14,508 Shares in Coca-Cola Consolidated, Inc. $COKE Bought by Phillips Wealth Planners LLC" type: "News" locale: "en" url: "https://longbridge.com/en/news/296209488.md" description: "Phillips Wealth Planners LLC initiated a new position in Coca-Cola Consolidated (NASDAQ: COKE) during Q2, purchasing 14,508 shares valued at approximately $1.22 million. This holding represents 0.9% of the fund's portfolio. Other institutional investors, including Ascentis Independent Advisors and Torren Management LLC, have also recently acquired stakes in the stock. Meanwhile, Wall Street Zen downgraded COKE to a 'hold' rating, though the consensus remains 'buy'." datetime: "2026-08-18T10:00:52.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296209488.md) - [en](https://longbridge.com/en/news/296209488.md) - [zh-HK](https://longbridge.com/zh-HK/news/296209488.md) generator: "portal-rs" --- # 14,508 Shares in Coca-Cola Consolidated, Inc. $COKE Bought by Phillips Wealth Planners LLC Phillips Wealth Planners LLC bought a new position in shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE - Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 14,508 shares of the company's stock, valued at approximately $1,219,000. Coca-Cola Consolidated makes up 0.9% of Phillips Wealth Planners LLC's investment portfolio, making the stock its 24th biggest holding. Get **Coca-Cola Consolidated** alerts: - Mitigating Tariffs: 3 Stocks to Gain From a Weaker U.S. Dollar Several other large investors also recently bought and sold shares of COKE. Ascentis Independent Advisors purchased a new position in shares of Coca-Cola Consolidated in the first quarter valued at $31,000. Torren Management LLC purchased a new stake in shares of Coca-Cola Consolidated in the 4th quarter worth about $29,000. Morse Asset Management Inc acquired a new stake in Coca-Cola Consolidated in the 4th quarter valued at about $31,000. Ballast Advisors LLC acquired a new stake in Coca-Cola Consolidated in the 1st quarter valued at about $38,000. Finally, Quarry LP purchased a new position in Coca-Cola Consolidated during the 3rd quarter valued at about $25,000. Institutional investors and hedge funds own 48.24% of the company's stock. ## Wall Street Analyst Weigh In COKE has been the subject of a number of research reports. Wall Street Zen cut shares of Coca-Cola Consolidated from a "buy" rating to a "hold" rating in a research report on Saturday, August 8th. Weiss Ratings reiterated a "buy (b)" rating on shares of Coca-Cola Consolidated in a research report on Wednesday, June 24th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of "Buy". - Beyond a Market Correction, Moves to Make Now **Read Our Latest Analysis on Coca-Cola Consolidated** ## Coca-Cola Consolidated Trading Down 1.5% Shares of NASDAQ COKE opened at $186.21 on Tuesday. The stock has a fifty day moving average price of $184.96 and a 200 day moving average price of $184.96. Coca-Cola Consolidated, Inc. has a 12-month low of $110.60 and a 12-month high of $219.65. The company has a market cap of $12.39 billion, a P/E ratio of 24.70 and a beta of 0.55. - Coca-Cola Stock Analysis: Key Insights and Trends Coca-Cola Consolidated (NASDAQ:COKE - Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $2.83 EPS for the quarter. Coca-Cola Consolidated had a negative return on equity of 1,041.59% and a net margin of 7.15%.The company had revenue of $2.05 billion for the quarter. ## Coca-Cola Consolidated Announces Dividend The business also recently announced a quarterly dividend, which was paid on Friday, August 7th. Investors of record on Friday, July 24th were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Friday, July 24th. Coca-Cola Consolidated's dividend payout ratio (DPR) is presently 13.26%. ## About Coca-Cola Consolidated (Free Report) 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. ## Featured Articles - Five stocks we like better than Coca-Cola Consolidated - Commodities Are Booming, But These 3 ETFs Tell Different Stories - 3 Active ETFs Making Big Moves in August - This ETF Is Outperforming by Avoiding the S&P 500’s Biggest Problem - Birkenstock Beats the Skeptics—But Not on EPS *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.* Continue following MarketBeat Add MarketBeat as your preferred source on Google to see our latest stories in your feed. Add As Preferred Source ## Should You Invest $1,000 in Coca-Cola Consolidated Right Now? Before you consider Coca-Cola Consolidated, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Coca-Cola Consolidated wasn't on the list. While Coca-Cola Consolidated currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys. 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Takes Position in Coca-Cola Consolidated, Inc. $COKE](https://longbridge.com/en/news/296090602.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**