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Sumitomo Life Insurance Buys New Position in Coca-Cola Consolidated

Coca-Cola Consolidated logoCoca-Cola Consolidated
Sig1.24Sen+1.32Env0.00Soc0.00Gov0.00

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.

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