Treasurer of the State of North Carolina reduced its stake in Coca-Cola European Partners PLC (NYSE:CCEP) by 1.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 17,544 shares of the company’s stock after selling 230 shares during the quarter. Treasurer of the State of North Carolina’s holdings in Coca-Cola European Partners were worth $991,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also bought and sold shares of CCEP. Marshall Wace LLP acquired a new position in shares of Coca-Cola European Partners in the first quarter worth about $5,946,000. ZWJ Investment Counsel Inc. bought a new position in Coca-Cola European Partners during the first quarter worth about $233,000. Adirondack Research & Management Inc. bought a new position in Coca-Cola European Partners during the first quarter worth about $333,000. Advisory Services Network LLC bought a new position in Coca-Cola European Partners during the first quarter worth about $53,000. Finally, Nordea Investment Management AB bought a new position in Coca-Cola European Partners during the first quarter worth about $43,479,000. 29.17% of the stock is owned by institutional investors and hedge funds.
CCEP opened at $56.51 on Friday. Coca-Cola European Partners PLC has a twelve month low of $42.69 and a twelve month high of $58.35. The company has a quick ratio of 0.62, a current ratio of 0.84 and a debt-to-equity ratio of 0.90. The company has a fifty day moving average of $55.66 and a 200-day moving average of $55.19. The stock has a market cap of $27.08 billion, a PE ratio of 20.78, a price-to-earnings-growth ratio of 2.23 and a beta of 0.41.
Coca-Cola European Partners Company Profile
Coca-Cola European Partners plc, together with its subsidiaries, produces, markets, distributes, and sells a range of nonalcoholic ready-to-drink beverages. The company offers sparkling flavors, energy drinks, juices, isotonics, and other drinks, as well as water. It provides its products primarily under the Coca-Cola, Fanta, and Sprite brands, as well as Coca-Cola Zero Sugar, Mezzo Mix, Schweppes, Royal Bliss, Fïnle, Monster, GLACÉAU Smartwater, Vio, Chaudfontaine, Fuze Tea, Honest Coffee, Oasis, Capri-Sun, Honest, and Tropico brands.
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