Coca-Cola Consolidated Sees New Investment from N.E.W. Advisory Services LLC
N.E.W. Advisory Services LLC has made a significant investment in Coca-Cola Consolidated, Inc., purchasing 10,985 shares of the company's stock valued at approximately $893,000 during the second quarter.
This marks a notable development for the beverage giant, which reported quarterly earnings results on August 5th, with EPS of $2.83 and revenue of $2.05 billion.
N.E.W. Advisory Services LLC's investment joins that of other institutional investors, including Vanguard Group Inc., which increased its stake in Coca-Cola Consolidated by 6.4% in the fourth quarter.