Benjamin F. Edwards & Company Inc. reduced its position in Coca-Cola European Partners PLC (NYSE:CCE) by 0.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,349 shares of the company’s stock after selling 50 shares during the period. Benjamin F. Edwards & Company Inc.’s holdings in Coca-Cola European Partners PLC were worth $421,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Jacobus Wealth Management Inc. purchased a new stake in Coca-Cola European Partners PLC during the first quarter worth $115,000. Creative Planning increased its stake in Coca-Cola European Partners PLC by 61.1% in the first quarter. Creative Planning now owns 3,696 shares of the company’s stock worth $139,000 after buying an additional 1,402 shares during the last quarter. Pinnacle Bank purchased a new stake in Coca-Cola European Partners PLC during the first quarter worth $182,000. Fulton Bank N.A. purchased a new stake in Coca-Cola European Partners PLC during the second quarter worth $201,000. Finally, Yorktown Management & Research Co Inc purchased a new stake in Coca-Cola European Partners PLC during the first quarter worth $211,000. Institutional investors own 31.75% of the company’s stock.

Coca-Cola European Partners PLC (NYSE CCE) traded up 1.23% during mid-day trading on Friday, hitting $43.75. The company had a trading volume of 1,197,606 shares. Coca-Cola European Partners PLC has a 12 month low of $30.55 and a 12 month high of $44.75. The firm has a market capitalization of $21.37 billion, a P/E ratio of 23.11 and a beta of 0.95. The company has a 50-day moving average price of $42.13 and a 200 day moving average price of $38.81.

Coca-Cola European Partners PLC (NYSE:CCE) last issued its quarterly earnings data on Thursday, August 10th. The company reported $0.74 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.64 by $0.10. Coca-Cola European Partners PLC had a net margin of 6.93% and a return on equity of 15.74%. The business had revenue of $3.05 billion during the quarter, compared to analysts’ expectations of $2.77 billion. During the same period last year, the company posted $0.56 EPS. Equities analysts forecast that Coca-Cola European Partners PLC will post $2.46 EPS for the current fiscal year.

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A number of equities analysts have commented on the company. TheStreet raised Coca-Cola European Partners PLC from a “c+” rating to a “b” rating in a research note on Thursday, May 4th. Barclays PLC reissued a “buy” rating and set a $44.00 target price on shares of Coca-Cola European Partners PLC in a research note on Sunday, May 7th. UBS AG reissued a “buy” rating and set a $44.00 target price (up from $42.00) on shares of Coca-Cola European Partners PLC in a research note on Friday, May 5th. Zacks Investment Research raised Coca-Cola European Partners PLC from a “hold” rating to a “buy” rating and set a $45.00 target price on the stock in a research note on Monday, July 10th. Finally, Argus boosted their target price on Coca-Cola European Partners PLC from $44.00 to $46.00 and gave the company a “buy” rating in a research note on Wednesday, May 24th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and six have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $43.88.

Coca-Cola European Partners PLC 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 PLC (NYSE:CCE)

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