Tudor Investment Corp ET AL grew its holdings in Coca-Cola European Partners PLC (NYSE:CCE) by 89.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 46,578 shares of the company’s stock after purchasing an additional 22,020 shares during the quarter. Tudor Investment Corp ET AL’s holdings in Coca-Cola European Partners PLC were worth $1,894,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in the company. SG Americas Securities LLC bought a new stake in shares of Coca-Cola European Partners PLC during the 2nd quarter valued at about $120,000. Advisor Group Inc. grew its stake in Coca-Cola European Partners PLC by 35.5% during the second quarter. Advisor Group Inc. now owns 3,587 shares of the company’s stock worth $132,000 after purchasing an additional 939 shares during the period. Fulton Bank N.A. acquired a new stake in Coca-Cola European Partners PLC during the second quarter worth approximately $201,000. Shikiar Asset Management Inc. acquired a new stake in Coca-Cola European Partners PLC during the second quarter worth approximately $203,000. Finally, Livingston Group Asset Management CO operating as Southport Capital Management bought a new stake in Coca-Cola European Partners PLC in the second quarter worth approximately $212,000. 29.63% of the stock is currently owned by institutional investors.

A number of equities analysts have issued reports on CCE shares. 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 downgraded shares of Coca-Cola European Partners PLC from a “buy” rating to a “hold” rating in a research report on Thursday, July 20th. Zacks Investment Research lowered shares of Coca-Cola European Partners PLC from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 11th. BidaskClub lowered shares of Coca-Cola European Partners PLC from a “buy” rating to a “hold” rating in a research note on Saturday, August 26th. Finally, Macquarie began coverage on shares of Coca-Cola European Partners PLC in a research report on Thursday, September 14th. They set an “outperform” rating and a $46.00 target price on the stock. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $45.22.

Shares of Coca-Cola European Partners PLC (CCE) traded up 0.72% on Monday, hitting $41.92. 115,149 shares of the stock were exchanged. The company has a 50-day moving average price of $43.04 and a 200 day moving average price of $40.35. 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 market cap of $20.30 billion, a PE ratio of 21.77 and a beta of 0.94.

Coca-Cola European Partners PLC (NYSE:CCE) last announced its quarterly earnings results on Thursday, August 10th. The company reported $0.74 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.64 by $0.10. Coca-Cola European Partners PLC had a net margin of 6.93% and a return on equity of 15.52%. The company had revenue of $3.05 billion during the quarter, compared to the consensus estimate of $2.77 billion. During the same quarter last year, the firm earned $0.56 earnings per share. Equities analysts forecast that Coca-Cola European Partners PLC will post $2.55 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Monday, September 11th. Shareholders of record on Monday, August 28th were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 2.40%. This is an increase from Coca-Cola European Partners PLC’s previous quarterly dividend of $0.23. The ex-dividend date was Thursday, August 24th. Coca-Cola European Partners PLC’s dividend payout ratio (DPR) is currently 56.50%.

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About Coca-Cola European Partners PLC

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.

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

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