Coca-Cola European Partners plc

Paterniano Del Favero
Luglio 27, 2017

Norges Bank downsized its ownership by selling 559,825 shares a decrease of 24.9% in the quarter. Finally, Quantitative Systematic Strategies LLC purchased a new stake in shares of Coca-Cola European Partners plc during the first quarter valued at approximately $2,844,000.

Several other institutional investors also recently bought and sold shares of KO. Pinnacle Bank acquired a new position in shares of Coca-Cola European Partners PLC during the first quarter worth approximately $182,000. Guinness Asset Management Ltd now owns 232,940 shares of the company's stock worth $9,886,000 after buying an additional 27,560 shares during the period. Meeder Asset Management Inc. boosted its position in Coca-Cola Company (The) by 59.4% in the second quarter. Teachers Advisors LLC now owns 7,611 shares of the company's stock valued at $1,361,000 after buying an additional 293 shares in the last quarter. Canada Pension Plan Investment Board boosted its position in shares of Coca-Cola Company (The) by 66.1% in the first quarter. Finally, Loomis Sayles & Co. Consolidated by 9.8% in the fourth quarter. The company traded as high as $42.66 and last traded at $42.66, with a volume of 659,587 shares trading hands. Perkins Coie Trust Co now owns 3,180 shares of the company's stock worth $143,000 after buying an additional 572 shares during the period. The company has market cap of $2.26 billion.

Tracking some technical levels, shares are trading 5.13% away from the 50 day simple moving average and 16.85% off of the 200 day simple moving average. Coca-Cola European Partners PLC has a 12-month low of $30.55 and a 12-month high of $43.59.

Coca-Cola Company (The) (NYSE:KO) last posted its quarterly earnings data on Wednesday, July 26th. The company reported $0.33 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.31 by $0.02. The business had revenue of $9.70 billion during the quarter, compared to analyst estimates of $9.62 billion. Coca-Cola European Partners plc had a return on equity of 15.29% and a net margin of 6.35%. The company's quarterly revenue was down 15.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.60 earnings per share. Equities research analysts anticipate that Coca-Cola Company will post $1.89 earnings per share for the current year.

The company declared a dividend paid on Friday May 12th, 2017. This represents a $1.00 annualized dividend and a dividend yield of 0.41%. Coca-Cola Company (The)'s payout ratio is 103.50%. If you are viewing this piece on another website, it was illegally stolen and reposted in violation of US & worldwide copyright legislation. The legal version of this story can be viewed at https://www.thecerbatgem.com/2017/07/27/capital-one-national-association-decreases-position-in-coca-cola-european-partners-plc-cce-updated.html. Three equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and eight have given a buy rating to the company. Barclays PLC set a $45.00 price target on Coca-Cola Company (The) and gave the company a "neutral" rating in a research report on Wednesday, July 19th. Jefferies Group LLC reiterated a "hold" rating and set a $38.00 price objective on shares of Coca-Cola European Partners plc in a research note on Tuesday, April 25th. BMO Capital Markets maintained the shares of AMGN in report on Friday, July 21 with "Buy" rating. Vetr upgraded shares of Coca-Cola Company (The) from a "hold" rating to a "buy" rating and set a $44.81 price target for the company in a research report on Monday, May 1st.

Among 8 analysts covering LHC Group (NASDAQ:LHCG), 8 have Buy rating, 0 Sell and 0 Hold. The stock presently has a consensus rating of "Hold" and a consensus target price of $45.17. Also, insider Beatriz R. Perez sold 29,282 shares of the firm's stock in a transaction on Wednesday, June 14th. The stock was sold at an average price of $45.20, for a total value of $1,323,546.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last 90 days, insiders have sold 493,228 shares of company stock valued at $22,024,770.

The difference of 52 week low value as well as 52 week high value and the current price of the stock suggests the next move of the shares. Following the completion of the transaction, the insider now owns 319,436 shares in the company, valued at approximately $13,815,607. The disclosure for this sale can be found here. Following the transaction, the insider now owns 118,000 shares of the company's stock, valued at $5,333,600. Coca-Cola Company (The)'s quarterly revenue was down 15.9% compared to the same quarter past year. The Company owns or licenses and markets non-alcoholic beverage brands, primarily sparkling beverages and a range of still beverages, such as waters, flavored waters and enhanced waters, juices and juice drinks, ready-to-drink teas and coffees, sports drinks, dairy and energy drinks.

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