Commonwealth Equity Services Inc grew its stake in Coca-Cola European Partners PLC (NYSE:CCE) by 290.8% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 43,183 shares of the company’s stock after purchasing an additional 32,134 shares during the period. Commonwealth Equity Services Inc’s holdings in Coca-Cola European Partners PLC were worth $1,797,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Advisor Group Inc. raised its holdings in shares of Coca-Cola European Partners PLC by 35.5% in the second quarter. Advisor Group Inc. now owns 3,587 shares of the company’s stock worth $132,000 after buying an additional 939 shares during the period. BNP Paribas Arbitrage SA raised its holdings in shares of Coca-Cola European Partners PLC by 50.3% in the second quarter. BNP Paribas Arbitrage SA now owns 84,454 shares of the company’s stock worth $3,435,000 after buying an additional 28,248 shares during the period. D L Carlson Investment Group Inc. raised its holdings in shares of Coca-Cola European Partners PLC by 49.3% in the second quarter. D L Carlson Investment Group Inc. now owns 127,565 shares of the company’s stock worth $5,188,000 after buying an additional 42,120 shares during the period. Parametrica Management Ltd purchased a new stake in shares of Coca-Cola European Partners PLC in the third quarter worth approximately $781,000. Finally, Apertura Capital LLC raised its holdings in shares of Coca-Cola European Partners PLC by 16.7% in the second quarter. Apertura Capital LLC now owns 700,000 shares of the company’s stock worth $28,469,000 after buying an additional 100,000 shares during the period. 29.57% of the stock is owned by institutional investors and hedge funds.

Shares of Coca-Cola European Partners PLC (CCE) opened at $38.59 on Friday. Coca-Cola European Partners PLC has a 52-week low of $30.55 and a 52-week high of $44.75. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.95 and a quick ratio of 0.76. The firm has a market capitalization of $18,692.28, a price-to-earnings ratio of 16.56, a PEG ratio of 2.04 and a beta of 0.94.

Coca-Cola European Partners PLC (NYSE:CCE) last issued its quarterly earnings results on Tuesday, November 7th. The company reported $0.68 EPS for the quarter, missing the Zacks’ consensus estimate of $0.80 by ($0.12). Coca-Cola European Partners PLC had a return on equity of 15.60% and a net margin of 6.78%. The firm had revenue of $2.96 billion for the quarter, compared to analyst estimates of $2.99 billion. During the same period in the prior year, the firm posted $0.67 EPS. The business’s revenue was down .7% compared to the same quarter last year. research analysts expect that Coca-Cola European Partners PLC will post 2.45 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Monday, December 4th. Shareholders of record on Monday, November 20th will be given a dividend of $0.24 per share. The ex-dividend date is Friday, November 17th. This represents a $0.96 dividend on an annualized basis and a yield of 2.49%. Coca-Cola European Partners PLC’s dividend payout ratio is currently 54.86%.

Several equities research analysts have recently weighed in on the company. Susquehanna Bancshares Inc downgraded Coca-Cola European Partners PLC from a “neutral” rating to a “neutral” rating and reduced their price target for the stock from $38.00 to $33.00 in a report on Monday, November 13th. UBS AG downgraded Coca-Cola European Partners PLC to a “neutral” rating in a report on Monday, November 13th. Zacks Investment Research upgraded Coca-Cola European Partners PLC from a “sell” rating to a “hold” rating in a report on Tuesday, November 7th. Macquarie began coverage on Coca-Cola European Partners PLC in a report on Thursday, September 14th. They set an “outperform” rating and a $46.00 price objective on the stock. Finally, Jefferies Group LLC restated a “hold” rating and set a $45.00 price objective on shares of Coca-Cola European Partners PLC in a report on Thursday, September 14th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and three have assigned a buy rating to the company. Coca-Cola European Partners PLC currently has a consensus rating of “Hold” and an average target price of $44.88.

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Coca-Cola European Partners PLC Profile

Coca-Cola Enterprises, Inc (CCE) markets, produces and distributes nonalcoholic beverages. The Company serves customers across Belgium, continental France, Great Britain, Luxembourg, Monaco, the Netherlands, Norway and Sweden. The Company’s segments include Europe and Corporate. CCE is The Coca-Cola Company’s strategic bottling partner in Western Europe.

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

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