Invictus RG purchased a new stake in Coca-Cola European Partners PLC (NYSE:CCEP) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 12,783 shares of the company’s stock, valued at approximately $581,000.
Separately, C M Bidwell & Associates Ltd. bought a new position in shares of Coca-Cola European Partners in the 3rd quarter valued at $450,000. Hedge funds and other institutional investors own 31.51% of the company’s stock.
Shares of CCEP opened at $47.80 on Thursday. Coca-Cola European Partners PLC has a 52-week low of $36.17 and a 52-week high of $49.43. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.81 and a current ratio of 1.01. The firm has a market capitalization of $23.15 billion, a PE ratio of 20.00, a price-to-earnings-growth ratio of 2.16 and a beta of 0.61.
The firm also recently declared a dividend, which was paid on Tuesday, November 20th. Stockholders of record on Friday, November 9th were paid a $0.32 dividend. The ex-dividend date of this dividend was Thursday, November 8th. Coca-Cola European Partners’s payout ratio is 13.39%.
Separately, ValuEngine lowered Coca-Cola European Partners from a “buy” rating to a “hold” rating in a research note on Tuesday.
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Coca-Cola European Partners Profile
Coca-Cola European Partners Plc engages in the distribution and sale of ready-to-drink beverages. IT operates through the following brands: Coca-Cola, Diet Coke or Coca-Cola Light, Coke Zero, Coca-Cola Life, Fanta, and Sprite. It also offers energy drinks, waters, juices, sports drinks, and ready-to-drink teas.
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