Keebeck Wealth Management Buys Coca-Cola Consolidated Stock

Keebeck Wealth Management has purchased 8,857 shares of Coca-Cola Consolidated's stock in the second quarter, valued at approximately $725,000. This is according to the company's most recent Form 13F filing with the Securities and Exchange Commission (SEC).

The purchase represents a new stake for Keebeck Wealth Management in Coca-Cola Consolidated. Other institutional investors have also made similar purchases in the second quarter, including Quarry LP, Advisory Services Network LLC, J.Safra Asset Management Corp, Newbridge Financial Services Group Inc., and Geneos Wealth Management Inc.

Institutional investors own 48.24% of Coca-Cola Consolidated's stock. The company reported $2.83 EPS for the quarter in its earnings results on August 5th. Revenue was $2.05 billion, with a net margin of 7.15%.