Coca-Cola ConsolidatedCOKE
Market Cap: $11.7B
About: Coca-Cola Consolidated Inc sells nonalcoholic beverage products in the United States. The company purchases concentrate and syrups from other beverage manufacturers under a license, then produces, packages, markets, and distributes the beverages to retailers. The company's primary licensor is Coca-Cola Co., which generally allows it to exclusively market, produce, and distribute Coca-Cola products in specified parts of the U.S.: North Carolina, South Carolina, West Virginia, and parts of Alabama, Georgia, Tennessee, Virginia, Indiana, and Kentucky. The company manages its business in two operating segments. Nonalcoholic Beverages segment which represents the majority of the company's revenues and All Other segments.
Employees: 17,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
150% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 5 (+3) [Q2]
81% more first-time investments, than exits
New positions opened: 98 | Existing positions closed: 54
37% more capital invested
Capital invested by funds: $3.12B [Q1] → $4.26B (+$1.14B) [Q2]
12% more funds holding
Funds holding: 361 [Q1] → 405 (+44) [Q2]
2.9% more ownership
Funds ownership: 44.41% [Q1] → 47.31% (+2.9%) [Q2]
20% less repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 122
Research analyst outlook
We haven’t received any recent analyst ratings for COKE.