Stevens Capital Management LP lowered its holdings in shares of Coca-Cola European Partners PLC (NYSE:CCE) by 3.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 53,032 shares of the company’s stock after selling 2,161 shares during the quarter. Stevens Capital Management LP’s holdings in Coca-Cola European Partners PLC were worth $2,207,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Advisor Group Inc. raised its holdings in shares of Coca-Cola European Partners PLC by 35.5% during the 2nd quarter. Advisor Group Inc. now owns 3,587 shares of the company’s stock valued at $132,000 after purchasing an additional 939 shares in the last quarter. BNP Paribas Arbitrage SA raised its holdings in shares of Coca-Cola European Partners PLC by 50.3% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 84,454 shares of the company’s stock valued at $3,435,000 after purchasing an additional 28,248 shares in the last quarter. D L Carlson Investment Group Inc. raised its holdings in shares of Coca-Cola European Partners PLC by 49.3% during the 2nd quarter. D L Carlson Investment Group Inc. now owns 127,565 shares of the company’s stock valued at $5,188,000 after purchasing an additional 42,120 shares in the last quarter. Apertura Capital LLC raised its holdings in shares of Coca-Cola European Partners PLC by 16.7% during the 2nd quarter. Apertura Capital LLC now owns 700,000 shares of the company’s stock valued at $28,469,000 after purchasing an additional 100,000 shares in the last quarter. Finally, Bridgewater Associates LP bought a new position in shares of Coca-Cola European Partners PLC during the 2nd quarter valued at $1,592,000. Institutional investors and hedge funds own 29.63% of the company’s stock.

Coca-Cola European Partners PLC (CCE) opened at C$39.50 on Friday. Coca-Cola European Partners PLC has a twelve month low of C$30.55 and a twelve month high of C$44.75. The company has a current ratio of 0.95, a quick ratio of 0.73 and a debt-to-equity ratio of 0.76. The stock has a market cap of $19,133.09, a PE ratio of 16.95, a PEG ratio of 2.09 and a beta of 0.94.

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

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 4th. Stockholders of record on Monday, November 20th will be issued a dividend of $0.24 per share. The ex-dividend date of this dividend is Friday, November 17th. This represents a $0.96 annualized dividend and a dividend yield of 2.43%. Coca-Cola European Partners PLC’s payout ratio is 57.14%.

Several research analysts recently commented on CCE shares. Deutsche Bank AG downgraded shares of Coca-Cola European Partners PLC from a “buy” rating to a “hold” rating in a report on Thursday, July 20th. Barclays PLC reiterated a “buy” rating and issued a $46.00 target price on shares of Coca-Cola European Partners PLC in a report on Friday, July 21st. BidaskClub upgraded shares of Coca-Cola European Partners PLC from a “hold” rating to a “buy” rating in a report on Thursday, August 3rd. Susquehanna Bancshares Inc reiterated a “hold” rating on shares of Coca-Cola European Partners PLC in a report on Thursday, August 10th. Finally, UBS AG reiterated a “buy” rating and issued a $50.00 target price (up previously from $46.00) on shares of Coca-Cola European Partners PLC in a report on Monday, August 14th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the company. The company has an average rating of “Hold” and an average price target of C$45.63.

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Coca-Cola European Partners PLC Profile

Coca-Cola European Partners plc, together with its subsidiaries, produces, distributes, and sells a range of non-alcoholic ready-to-drink beverages. It offers drinks primarily under the Coca-Cola, Diet Coke/Coca-Cola Light, Coke Zero, Coca-Cola Life, Fanta, and Sprite brands. The company also provides energy drinks, waters, juices, sports drinks and ready-to-drink teas.

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

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