Economy

Coca-Cola European Partners PLC (CCE) Stock Rating Reaffirmed by Jefferies Group LLC

Coca-Cola European Partners PLC (CCE) Stock Rating Reaffirmed by Jefferies Group LLC”

The institutional investor owned 903,940 shares of the company's stock after selling 609,241 shares during the period.

Coca-Cola European Partners plc (Orange) is an independent Coca-Cola bottler. RSI is a technical indicator of price momentum, comparing the size of recent gains to the size of recent losses and establishes oversold and overbought positions. Comerica Bank purchased a new stake in Coca Cola Femsa S.A.B.de C.V.in the first quarter worth about $208,000. BNP Paribas Arbitrage SA now owns 1,520 shares of the company's stock valued at $109,000 after purchasing an additional 920 shares during the period. Keybank National Association OH boosted its stake in shares of Coca-Cola European Partners PLC by 1.2% during the second quarter. Keybank National Association OH now owns 6,958 shares of the company's stock worth $283,000 after buying an additional 83 shares during the last quarter. First Allied Advisory Services Inc. grew its stake in shares of Coca-Cola European Partners PLC by 0.3% during the second quarter. The last close places the company's stock about $3.27 off its 52 week high of $44.75 and $10.93 above the 52 week low of $30.55. Raymond James Trust N.A. now owns 5,978 shares of the company's stock worth $243,000 after buying an additional 104 shares during the last quarter. Raymond James Trust N.A. boosted its stake in shares of Coca-Cola European Partners PLC by 1.8% during the second quarter.

Shares of Coca-Cola European Partners PLC (CCE) opened at 41.48 on Thursday. The company has a market capitalization of $16.54 billion, a P/E ratio of 17.47 and a beta of 0.95.

Coca-Cola European Partners PLC (NYSE:CCE) last released its quarterly earnings results on Thursday, August 10th. The company reported $0.58 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.63 by ($0.05).

Coca Cola Femsa S.A.B.de C.V. had a return on equity of 10.72% and a net margin of 7.09%. The firm's revenue for the quarter was up 58.2% on a year-over-year basis. During the same quarter past year, the company earned $0.56 EPS. Equities research analysts anticipate that Coca-Cola European Partners plc will post $2.25 EPS for the current year.

Comgest Global Investors S.A.S. lessened its holdings in Coca Cola Femsa S.A.B.de C.V. (NYSE:KOF) by 4.6% during the second quarter, according to the company in its most recent disclosure with the SEC. Shareholders of record on Monday, August 28th were given a dividend of $0.25 per share. This is a positive change from Coca-Cola European Partners PLC's previous quarterly dividend of $0.23. The stock now provides a dividend yield of 2.43% for the Consumer Goods company. The ex-dividend date is Thursday, April 6th. Coca-Cola European Partners plc's dividend payout ratio is presently 31.98%.

A number of analysts have recently commented on the company. The company now has a consensus rating of Buy and an average price target of $87.00. Also, the Hold rating count is 3 as of 09/15/17. Jefferies Group LLC reiterated a "hold" rating and set a $38.00 target price on shares of Coca-Cola European Partners plc in a research report on Wednesday, March 22nd.

Coca Cola Femsa S.A.B.de C.V. has a 12 month low of $59.44 and a 12 month high of $91.85. Coca-Cola European Partners plc Ordinary Shares's 50-day moving average is $43.15 and its two hundred day average is $40.18. Seven equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company's stock. Finally, Argus upped their price target on Coca-Cola European Partners PLC from $44.00 to $46.00 and gave the stock a buy rating in a research note on Wednesday, May 24th. The Company and its subsidiaries are engaged in the production, distribution and marketing of certain Coca-Cola beverages. The Company is formed to act as the holding company for the group to be formed by the combination of White, a company that owns the Coca-Cola bottling operations in Great Britain, continental France, Monaco, Belgium, Luxembourg, the Netherlands, Sweden and Norway; Olive, a company that owns the Coca-Cola bottling operations in Spain, Portugal and Andorra, and Black, a company that owns the Coca-Cola bottling operations in Germany (the Combination). The Company's segments include Europe and Corporate.



Like this

Latest


18 September 2017
Gladstone Investment Corporatio (NASDAQ:GAINO) Trading Volume Significantly Higher
Northern Trust Corp owned approximately 0.45% of Gladstone Land Corporation worth $624,000 at the end of the most recent quarter. The stock of Gladstone Capital Corporation (NASDAQ:GLAD) earned "Hold" rating by Cantor Fitzgerald on Tuesday, September 1.

18 September 2017
Manchin: 'Very pleasant' Trump dinner centered on infrastructure, tax reform
Susan Collins and Angus King, and ask them to support tax reform that will lead to bigger paychecks for hardworking ME people. He didn't say that Thursday, and he emphasized that wealthy Americans are not his priority.

18 September 2017
Canelo Downplays GGG's Power - "He's Not The Monster Everybody Was Talking About"
The result increases the possibility of a rematch, with both boxers declaring they were keen to fight again. I'm still the champion. "It is not what they actually spoke about, not what I thought".

18 September 2017
Patterson-UTI Energy, Inc. (PTEN) Given Consensus Recommendation of "Hold" by Analysts
Patterson-UTI Energy has a 12-month low of $14.83 and a 12-month high of $29.76. (NASDAQ:DLTR) rating on Monday, July 17. Elkfork Partners LLC acquired a new stake in shares of Patterson-UTI Energy during the fourth quarter worth $205,000.

18 September 2017
Northrop Grumman Corporation (NOC) Position Cut by Ameriprise Financial Inc
Following the completion of the sale, the chief financial officer now owns 17,998 shares in the company, valued at $4,116,502.56. LLC now owns 547 shares of the aerospace company's stock worth $130,000 after buying an additional 212 shares during the period.

18 September 2017
Ibrahim Halawa acquitted of all charges, expected to be released within days
He said: "On behalf of the Government and on my own behalf I welcome the news from Cairo that Ibrahim Halwa has been acquitted". The family of Halawa has urged the government to take legal action against Egyptian authorities if his trial is delayed again.

18 September 2017
Klopp confirms three Liverpool starters for Leicester game
Oxlade-Chamberlain is yet to start a match for the Reds and Klopp insists he's bedding the £35million addition in slowly. Jurgen Klopp accidentally confirmed three of his Liverpool starters for the Carabao Cup clash with Leicester City .

18 September 2017
Conference in NY on Civilization Interaction between US, Muslim World
The conference was attended by 450 delegates from religious, cultural and political groups in the Muslim and non-Muslim world. There will also be mutual dialogue sessions between a number of Muslim and American students.

18 September 2017
Rana Daggubati to play a scientist
The makers are planning to make it in Hindi with English dialogues, making it viewable to Hollywood audiences as well. It was going from Mandvi to Mumbai and there were more than 700 people on board when the ship went missing.

18 September 2017
'Narcos' location scout killed in Mexico
A friend of Mr Portal, who asked not to be named, suggested locals could have become suspicious at seeing a person taking photos. Netflix called Portal a "well-respected location scout" while expressing condolences to his family in a statement.



Recommended