180 Wealth Advisors LLC boosted its stake in shares of Coca-Cola European Partners PLC (NYSE:CCE) by 84.6% in the 2nd quarter, HoldingsChannel reports. The fund owned 11,930 shares of the company’s stock after buying an additional 5,467 shares during the period. 180 Wealth Advisors LLC’s holdings in Coca-Cola European Partners were worth $485,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Schwab Charles Investment Management Inc. increased its position in shares of Coca-Cola European Partners by 2.5% during the second quarter. Schwab Charles Investment Management Inc. now owns 124,422 shares of the company’s stock worth $5,057,000 after purchasing an additional 2,976 shares in the last quarter. Quantitative Systematic Strategies LLC increased its position in shares of Coca-Cola European Partners by 663.1% during the second quarter. Quantitative Systematic Strategies LLC now owns 44,771 shares of the company’s stock worth $1,819,000 after purchasing an additional 38,904 shares in the last quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund increased its position in shares of Coca-Cola European Partners by 309.5% during the second quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 670,107 shares of the company’s stock worth $27,233,000 after purchasing an additional 506,450 shares in the last quarter. State Board of Administration of Florida Retirement System increased its position in shares of Coca-Cola European Partners by 127.5% during the second quarter. State Board of Administration of Florida Retirement System now owns 22,479 shares of the company’s stock worth $914,000 after purchasing an additional 12,600 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Coca-Cola European Partners by 37.7% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 236,488 shares of the company’s stock worth $9,611,000 after buying an additional 64,730 shares during the last quarter. Institutional investors own 32.42% of the company’s stock.

A number of equities analysts have weighed in on CCE shares. Jefferies Financial Group reissued a “hold” rating on shares of Coca-Cola European Partners in a research note on Thursday, April 26th. ValuEngine raised Coca-Cola European Partners from a “sell” rating to a “hold” rating in a research note on Thursday, August 9th. Zacks Investment Research lowered Coca-Cola European Partners from a “hold” rating to a “sell” rating in a research note on Tuesday, May 1st. Finally, Wells Fargo & Co boosted their price objective on Coca-Cola European Partners from $39.00 to $40.00 and gave the stock a “market perform” rating in a research note on Friday, August 10th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the stock. Coca-Cola European Partners currently has an average rating of “Hold” and a consensus target price of $41.50.

NYSE CCE opened at $42.76 on Friday. The firm has a market cap of $20.45 billion, a price-to-earnings ratio of 17.89, a P/E/G ratio of 2.21 and a beta of 0.68. The company has a current ratio of 1.02, a quick ratio of 0.80 and a debt-to-equity ratio of 0.77. Coca-Cola European Partners PLC has a fifty-two week low of $36.17 and a fifty-two week high of $44.14.

Coca-Cola European Partners (NYSE:CCE) last released its quarterly earnings data on Thursday, August 9th. The company reported $0.67 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.65 by $0.02. The company had revenue of $3.06 billion for the quarter, compared to analyst estimates of $3.07 billion. Coca-Cola European Partners had a return on equity of 15.85% and a net margin of 5.97%. The firm’s revenue for the quarter was up .1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.67 earnings per share. equities analysts anticipate that Coca-Cola European Partners PLC will post 2.66 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 6th. Shareholders of record on Wednesday, August 22nd will be paid a dividend of $0.3008 per share. This represents a $1.20 dividend on an annualized basis and a yield of 2.81%. The ex-dividend date is Tuesday, August 21st. Coca-Cola European Partners’s dividend payout ratio (DPR) is currently 33.89%.

Coca-Cola European Partners Profile

Coca-Cola European Partners plc, together with its subsidiaries, produces, distributes, and markets a range of nonalcoholic ready-to-drink beverages. The company offers water, juice, isotonic, sparkling flavor and energy drink, and other products. It provides its products primarily under the Coca-Cola, Fanta, and Monster brands, as well as Coca-Cola Zero Sugar, Vio, Royal Bliss, Honest, and GLAC√ČAU Smartwater brands.

Featured Article: Understanding Average Daily Trade Volume

Want to see what other hedge funds are holding CCE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Coca-Cola European Partners PLC (NYSE:CCE).

Institutional Ownership by Quarter for Coca-Cola European Partners (NYSE:CCE)

Receive News & Ratings for Coca-Cola European Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Coca-Cola European Partners and related companies with MarketBeat.com's FREE daily email newsletter.