AssuredPartners Invests in Coca-Cola Consolidated Amid Institutional Buying Spree
Coca-Cola Consolidated, Inc. (NASDAQ:COKE) has seen significant investment activity from institutional investors in recent quarters. AssuredPartners Investment Advisors LLC bought a new position in Coca-Cola Consolidated during the 2nd quarter, purchasing 8,476 shares valued at approximately $689,000.
This move is part of a larger trend of institutional investors increasing their stakes in the company. Bessemer Group Inc., for example, lifted its holdings by 19.1% in the 1st quarter and now owns 331 shares worth $63,000.
Coca-Cola Consolidated operates in 14 states and the District of Columbia across the Southeastern, South Central, and Mid-Atlantic regions, manufacturing and distributing a range of beverages under exclusive agreements with The Coca-Cola Company.