Swiss National Bank decreased its position in shares of Coca-Cola European Partners PLC (NYSE:CCE) by 0.5% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 979,103 shares of the company’s stock after selling 5,070 shares during the quarter. Swiss National Bank owned approximately 202,135.31% of Coca-Cola European Partners PLC worth $41,000,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. SG Americas Securities LLC bought a new position in shares of Coca-Cola European Partners PLC during the 2nd quarter worth $120,000. Advisor Group Inc. grew its stake 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 worth $132,000 after acquiring an additional 939 shares during the period. Phocas Financial Corp. bought a new position in shares of Coca-Cola European Partners PLC during the 2nd quarter worth $182,000. Shikiar Asset Management Inc. bought a new position in shares of Coca-Cola European Partners PLC during the 2nd quarter worth $203,000. Finally, Raymond James Financial Services Advisors Inc. bought a new position in shares of Coca-Cola European Partners PLC during the 2nd quarter worth $238,000. Institutional investors own 29.84% of the company’s stock.

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Coca-Cola European Partners PLC (NYSE CCE) opened at $38.84 on Thursday. 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 quick ratio of 0.76, a current ratio of 0.95 and a debt-to-equity ratio of 0.76. The company has a market capitalization of $19,055.57, a PE ratio of 16.88, a price-to-earnings-growth ratio of 2.08 and a beta of 0.94.

Coca-Cola European Partners PLC (NYSE:CCE) last issued its earnings results on Tuesday, November 7th. The company reported $0.68 EPS for the quarter, missing the 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 company had revenue of $2.96 billion during the quarter, compared to the consensus estimate of $2.99 billion. During the same quarter in the prior year, the business earned $0.67 EPS. The firm’s revenue for the quarter was down .7% compared to the same quarter last year. equities analysts expect that Coca-Cola European Partners PLC will post 2.45 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 4th. Stockholders 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 dividend yield of 2.47%. Coca-Cola European Partners PLC’s dividend payout ratio (DPR) is presently 57.14%.

Several research analysts have recently weighed in on CCE shares. BidaskClub downgraded Coca-Cola European Partners PLC from a “buy” rating to a “hold” rating in a research note on Saturday, August 26th. Zacks Investment Research upgraded Coca-Cola European Partners PLC from a “hold” rating to a “buy” rating and set a $46.00 price target for the company in a research note on Monday, October 9th. Barclays PLC reiterated a “buy” rating and set a $46.00 price target on shares of Coca-Cola European Partners PLC in a research note on Friday, July 21st. UBS AG reiterated a “buy” rating and set a $50.00 price target (up previously from $46.00) on shares of Coca-Cola European Partners PLC in a research note on Monday, August 14th. Finally, Macquarie started coverage on Coca-Cola European Partners PLC in a research note on Thursday, September 14th. They set an “outperform” rating and a $46.00 price target for the company. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and three have given a buy rating to the company’s stock. Coca-Cola European Partners PLC presently has an average rating of “Hold” and a consensus target price of $44.88.

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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