Coca-Cola European Partners plc (CCE) Holdings Increased by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. grew its position in shares of Coca-Cola European Partners plc (NYSE:CCE) by 91.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 55,240 shares of the company’s stock after purchasing an additional 26,400 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in Coca-Cola European Partners were worth $2,201,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Victory Capital Management Inc. raised its stake in shares of Coca-Cola European Partners by 24.9% during the fourth quarter. Victory Capital Management Inc. now owns 7,918 shares of the company’s stock valued at $316,000 after purchasing an additional 1,578 shares during the period. Scotia Capital Inc. raised its stake in shares of Coca-Cola European Partners by 3.4% during the fourth quarter. Scotia Capital Inc. now owns 62,746 shares of the company’s stock valued at $2,501,000 after purchasing an additional 2,060 shares during the period. Janney Montgomery Scott LLC grew its position in shares of Coca-Cola European Partners by 15.2% during the third quarter. Janney Montgomery Scott LLC now owns 18,317 shares of the company’s stock worth $762,000 after buying an additional 2,419 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Coca-Cola European Partners by 1.9% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 150,344 shares of the company’s stock worth $6,257,000 after buying an additional 2,802 shares in the last quarter. Finally, Advisor Group Inc. grew its position in shares of Coca-Cola European Partners by 86.3% during the third quarter. Advisor Group Inc. now owns 6,681 shares of the company’s stock worth $277,000 after buying an additional 3,094 shares in the last quarter. 30.87% of the stock is currently owned by institutional investors.

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Coca-Cola European Partners stock traded up $0.03 during midday trading on Friday, hitting $41.73. The company’s stock had a trading volume of 788,224 shares, compared to its average volume of 1,292,879. The company has a current ratio of 1.01, a quick ratio of 0.81 and a debt-to-equity ratio of 0.82. Coca-Cola European Partners plc has a 12 month low of $36.17 and a 12 month high of $44.75. The stock has a market cap of $20,198.71, a PE ratio of 17.46, a price-to-earnings-growth ratio of 2.07 and a beta of 0.74.

Coca-Cola European Partners (NYSE:CCE) last issued its quarterly earnings results on Thursday, February 15th. The company reported $0.58 EPS for the quarter, topping the consensus estimate of $0.55 by $0.03. Coca-Cola European Partners had a net margin of 5.91% and a return on equity of 16.12%. The firm had revenue of $2.66 billion for the quarter, compared to analysts’ expectations of $2.58 billion. During the same period in the previous year, the business earned $0.43 earnings per share. Coca-Cola European Partners’s revenue for the quarter was up 3.3% compared to the same quarter last year. equities analysts predict that Coca-Cola European Partners plc will post 2.81 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 15th. Shareholders of record on Tuesday, February 27th were given a $0.32 dividend. The ex-dividend date was Monday, February 26th. This is a boost from Coca-Cola European Partners’s previous quarterly dividend of $0.24. This represents a $1.28 annualized dividend and a yield of 3.07%. Coca-Cola European Partners’s payout ratio is 53.56%.

CCE has been the subject of a number of research reports. ValuEngine raised shares of Coca-Cola European Partners from a “hold” rating to a “buy” rating in a report on Wednesday, March 7th. Deutsche Bank lifted their price objective on shares of Coca-Cola European Partners from $43.00 to $46.00 and gave the stock a “buy” rating in a report on Friday, February 16th. Zacks Investment Research raised shares of Coca-Cola European Partners from a “sell” rating to a “buy” rating and set a $44.00 price target for the company in a report on Tuesday, January 9th. Susquehanna Bancshares reduced their price target on shares of Coca-Cola European Partners from $33.00 to $30.00 and set a “negative” rating for the company in a report on Monday, February 12th. Finally, Macquarie downgraded shares of Coca-Cola European Partners from an “outperform” rating to a “neutral” rating and set a $40.00 price target for the company. in a report on Friday, January 5th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and five have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $43.38.

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Coca-Cola European Partners Company 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.

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

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