Similarly, UBS Group AG now owns over 20,000 shares of Coca-Cola Consolidated, after growing its stake by a staggering 660.4% during the fourth quarter. But it’s not just institutional investors who are bullish on Coca-Cola Consolidated- StockNews.com recently began coverage on the company and gave it a “strong-buy” rating. This news may prompt individual investors to seriously consider adding Coca-Cola Consolidated to their portfolios. With an annualized dividend of $2.00 and a yield of 0.29%, Coca-Cola Consolidated is offering investors an attractive return. As we move further into the year 2023, it’s evident that there are multiple reasons why Coca-Cola Consolidated is drawing attention from both hedge funds and financial advisors alike.

Source: The Star June 05, 2023 22:17 UTC