Zoran Bogdanovic Acquires 115,883 Shares of Coca-Cola HBC (LON:CCH) Stock

Coca-Cola HBC AG (LON:CCH) insider Zoran Bogdanovic acquired 115,883 shares of the company’s stock in a transaction that occurred on Tuesday, February 17th. The shares were acquired at an average price of GBX 4,751 per share, for a total transaction of £5,505,601.33.

Zoran Bogdanovic also recently made the following trade(s):

• On Friday, February 13th, Zoran Bogdanovic sold 30,000 shares of Coca-Cola HBC stock. The shares were sold at an average price of GBX 4,694, for a total transaction of £1,408,200.
• On Friday, January 16th, Zoran Bogdanovic acquired 136 shares of Coca-Cola HBC stock. The stock was acquired at an average cost of GBX 3,953 per share, with a total value of £5,376.08.
• On Wednesday, December 31st, Zoran Bogdanovic sold 1,009 shares of Coca-Cola HBC stock. The shares were sold at an average price of GBX 3,857, for a total value of £38,917.13.
• On Wednesday, December 17th, Zoran Bogdanovic purchased 143 shares of Coca-Cola HBC stock. The shares were acquired at an average price of GBX 3,773 per share, with a total value of £5,395.39.
• On Friday, November 21st, Zoran Bogdanovic sold 15,000 shares of Coca-Cola HBC stock. The shares were sold at an average price of GBX 3,616, for a total value of £542,400.

Coca-Cola HBC Price Performance

CCH traded up GBX 34 during trading on Wednesday, reaching GBX 4,758. The stock had a trading volume of 2,266,538 shares, compared to its average volume of 3,753,775. Coca-Cola HBC AG has a 1-year low of GBX 3,242 and a 1-year high of GBX 4,798. The company has a quick ratio of 0.80, a current ratio of 1.14 and a debt-to-equity ratio of 137.31. The stock has a 50 day moving average of GBX 3,976.68 and a two-hundred day moving average of GBX 3,758.95. The firm has a market capitalization of £17.30 billion, a price-to-earnings ratio of 18.96, a price-to-earnings-growth ratio of 1.03 and a beta of 0.94.

Analyst Ratings Changes

CCH has been the topic of a number of research analyst reports. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Coca-Cola HBC in a report on Friday, January 9th. Jefferies Financial Group increased their target price on shares of Coca-Cola HBC from GBX 4,400 to GBX 4,600 and gave the company a “buy” rating in a research note on Wednesday, February 4th. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on Coca-Cola HBC from GBX 4,485 to GBX 4,470 and set a “buy” rating on the stock in a research report on Friday, November 28th. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of GBX 4,197.

About Coca-Cola HBC

Coca-Cola HBC is a growth-focused consumer packaged goods business and strategic bottling partner of The Coca-Cola Company. We open up moments that refresh us all, by creating value for our stakeholders and supporting the socio-economic development of the communities in which we operate. With a vision to be the leading 24/7 beverage partner, we offer drinks for all occasions around the clock and work together with our customers to serve 750 million consumers across a broad geographic footprint of 29 countries.