SG Americas Securities LLC Takes Position in Coca-Cola European Partners PLC (CCE)

SG Americas Securities LLC purchased a new stake in shares of Coca-Cola European Partners PLC (NYSE:CCE) in the 3rd quarter, HoldingsChannel reports. The firm purchased 41,763 shares of the company’s stock, valued at approximately $1,899,000.

Other large investors have also modified their holdings of the company. Exane Derivatives boosted its position in Coca-Cola European Partners by 84,700.0% during the third quarter. Exane Derivatives now owns 2,544 shares of the company’s stock worth $115,000 after purchasing an additional 2,541 shares during the period. Steward Partners Investment Advisory LLC boosted its position in Coca-Cola European Partners by 208.1% during the third quarter. Steward Partners Investment Advisory LLC now owns 4,030 shares of the company’s stock worth $183,000 after purchasing an additional 2,722 shares during the period. Signaturefd LLC boosted its position in Coca-Cola European Partners by 81.4% during the second quarter. Signaturefd LLC now owns 4,570 shares of the company’s stock worth $186,000 after purchasing an additional 2,051 shares during the period. WINTON GROUP Ltd bought a new position in Coca-Cola European Partners during the third quarter worth about $215,000. Finally, Fulton Bank N.A. bought a new position in Coca-Cola European Partners during the third quarter worth about $222,000. Hedge funds and other institutional investors own 31.36% of the company’s stock.

CCE stock opened at $48.54 on Friday. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.01 and a quick ratio of 0.81. Coca-Cola European Partners PLC has a 12 month low of $36.17 and a 12 month high of $46.90. The company has a market capitalization of $22.63 billion, a PE ratio of 20.31, a PEG ratio of 2.11 and a beta of 0.60.

The company also recently disclosed a dividend, which was paid on Tuesday, November 20th. Stockholders of record on Friday, November 9th were given a $0.32 dividend. The ex-dividend date was Thursday, November 8th. Coca-Cola European Partners’s dividend payout ratio (DPR) is currently 23.43%.

A number of equities analysts have weighed in on the stock. Zacks Investment Research upgraded shares of Coca-Cola European Partners from a “sell” rating to a “hold” rating in a research report on Tuesday, September 18th. Susquehanna Bancshares upgraded shares of Coca-Cola European Partners from a “negative” rating to a “neutral” rating in a research report on Friday, September 14th. Wells Fargo & Co upgraded shares of Coca-Cola European Partners from a “market perform” rating to an “outperform” rating in a research report on Friday, September 14th. UBS Group upgraded shares of Coca-Cola European Partners to a “neutral” rating in a research report on Friday, September 14th. Finally, Macquarie set a $52.00 target price on shares of Coca-Cola European Partners and gave the stock a “buy” rating in a research report on Friday, September 14th. Five analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $47.29.

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Coca-Cola European Partners Company Profile

Coca-Cola European Partners plc, together with its subsidiaries, produces, distributes, and markets a range of nonalcoholic ready-to-drink beverages. The company offers water, juice, isotonic, sparkling flavor and energy drink, and other products. It provides its products primarily under the Coca-Cola, Fanta, and Monster brands, as well as Coca-Cola Zero Sugar, Vio, Royal Bliss, Honest, and GLACÉAU Smartwater brands.

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

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