Stevens Capital Partners Invests $2 Million in Coca-Cola Consolidated

Coca-Cola Consolidated, Inc., the largest independent bottler of Coca-Cola products in the United States, has attracted the attention of Stevens Capital Partners. According to a recent 13F filing with the Securities and Exchange Commission, Stevens Capital Partners bought 24,784 shares of COKE stock during the second quarter, valued at approximately $2,014,000.

This is not an isolated instance; several other institutional investors have increased their stakes in Coca-Cola Consolidated. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC, for example, boosted its stake by 8.7% during the first quarter and now owns 17,251 shares worth $23,289,000.

The company's operations span across 14 states and the District of Columbia in the Southeastern, South Central, and Mid-Atlantic regions. Coca-Cola Consolidated has a market capitalization of $12.56 billion, with a PE ratio of 25.02 and a beta of 0.55.