Sei Investments Co. lifted its position in shares of Coca-Cola European Partners PLC (NYSE:CCE) by 23.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,112,200 shares of the company’s stock after purchasing an additional 212,296 shares during the period. Sei Investments Co. owned about 0.23% of Coca-Cola European Partners PLC worth $46,289,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. BNP Paribas Arbitrage SA grew its holdings in shares of Coca-Cola European Partners PLC by 60.6% during the third quarter. BNP Paribas Arbitrage SA now owns 135,649 shares of the company’s stock worth $5,646,000 after purchasing an additional 51,195 shares during the last quarter. IFP Advisors Inc grew its holdings in shares of Coca-Cola European Partners PLC by 3,249.4% during the third quarter. IFP Advisors Inc now owns 8,809 shares of the company’s stock worth $367,000 after purchasing an additional 8,546 shares during the last quarter. Canada Pension Plan Investment Board grew its holdings in shares of Coca-Cola European Partners PLC by 4.3% during the third quarter. Canada Pension Plan Investment Board now owns 944,441 shares of the company’s stock worth $39,308,000 after purchasing an additional 39,000 shares during the last quarter. Parametrica Management Ltd bought a new stake in shares of Coca-Cola European Partners PLC during the third quarter worth about $781,000. Finally, Aperio Group LLC grew its holdings in shares of Coca-Cola European Partners PLC by 5.3% during the third quarter. Aperio Group LLC now owns 358,943 shares of the company’s stock worth $14,939,000 after purchasing an additional 18,012 shares during the last quarter. Institutional investors own 29.63% of the company’s stock.

CCE has been the topic of several research reports. Barclays PLC restated a “buy” rating and set a $46.00 price target on shares of Coca-Cola European Partners PLC in a report on Friday, July 21st. Deutsche Bank AG cut Coca-Cola European Partners PLC from a “buy” rating to a “hold” rating in a report on Thursday, July 20th. Zacks Investment Research cut Coca-Cola European Partners PLC from a “strong-buy” rating to a “hold” rating in a report on Monday, September 11th. BidaskClub cut Coca-Cola European Partners PLC from a “buy” rating to a “hold” rating in a report on Saturday, August 26th. Finally, Macquarie assumed coverage on Coca-Cola European Partners PLC in a report on Thursday, September 14th. They issued an “outperform” rating and a $46.00 target price on the stock. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $45.63.

Shares of Coca-Cola European Partners PLC (NYSE CCE) traded down $0.07 on Friday, reaching $39.50. The company’s stock had a trading volume of 1,554,500 shares, compared to its average volume of 1,275,699. Coca-Cola European Partners PLC has a 12-month low of $30.55 and a 12-month high of $44.75. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.73 and a current ratio of 0.95. The firm has a market capitalization of $19,170.00, a price-to-earnings ratio of 16.98, a PEG ratio of 2.09 and a beta of 0.90.

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

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 4th. Shareholders of record on Monday, November 20th will be paid a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 2.43%. The ex-dividend date is Friday, November 17th. Coca-Cola European Partners PLC’s dividend payout ratio (DPR) is presently 70.42%.

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Coca-Cola European Partners PLC Company 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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