Roman Butler Fullerton & Co. Buys Coca-Cola Consolidated Stock Amid Growing Institutional Interest

Roman Butler Fullerton & Co. has taken a position in Coca-Cola Consolidated, Inc. (NASDAQ:COKE) after purchasing 9,258 shares of the company's stock valued at approximately $780,000 in the second quarter.

The institutional investor is not alone in buying COKE stock. Vanguard Group Inc. increased its holdings by 6.4% in the fourth quarter and now owns over 5.69 million shares worth around $871.67 million. Other investors such as Horizon Investments LLC, Vest Financial LLC, James Investment Research Inc., and Walleye Capital LLC have also boosted their stakes in the company.

Coca-Cola Consolidated's stock price has been stable with a 50-day moving average of $184.81 and a 200-day moving average of $184.70. The company has a market capitalization of over $12.59 billion, a price-to-earnings ratio of 25.08, and a beta of 0.55.