Sumitomo Life Insurance Buys New Position in Coca-Cola Consolidated
Sumitomo Life Insurance Co. bought 44,829 shares of Coca-Cola Consolidated, Inc. valued at about $3.64M. The stock rose about 0.8% and traded around $189.10, after the firm’s Aug. 5 quarterly earnings release and an Aug. 7 dividend payment. Ratings shifted, with one report lowering the stock to hold, while other investors, including BlackRock, also added stakes.