Stifel Financial Corp cut its holdings in shares of Coca-Cola European Partners PLC (NYSE:CCEP) by 0.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 112,827 shares of the company’s stock after selling 444 shares during the period. Stifel Financial Corp’s holdings in Coca-Cola European Partners were worth $6,249,000 as of its most recent SEC filing.
Several other institutional investors have also made changes to their positions in CCEP. Sheets Smith Wealth Management increased its position in shares of Coca-Cola European Partners by 2.8% in the 3rd quarter. Sheets Smith Wealth Management now owns 7,662 shares of the company’s stock worth $425,000 after purchasing an additional 208 shares during the last quarter. Oppenheimer & Co. Inc. raised its stake in shares of Coca-Cola European Partners by 5.6% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 4,054 shares of the company’s stock valued at $225,000 after purchasing an additional 214 shares in the last quarter. Pinnacle Bank lifted its position in shares of Coca-Cola European Partners by 4.1% during the third quarter. Pinnacle Bank now owns 5,631 shares of the company’s stock worth $312,000 after purchasing an additional 220 shares during the last quarter. Whittier Trust Co. lifted its position in shares of Coca-Cola European Partners by 19.8% during the third quarter. Whittier Trust Co. now owns 1,449 shares of the company’s stock worth $80,000 after purchasing an additional 239 shares during the last quarter. Finally, Wetherby Asset Management Inc. lifted its position in shares of Coca-Cola European Partners by 2.1% during the third quarter. Wetherby Asset Management Inc. now owns 11,858 shares of the company’s stock worth $658,000 after purchasing an additional 244 shares during the last quarter. Institutional investors own 28.47% of the company’s stock.
Coca-Cola European Partners stock opened at $50.14 on Friday. Coca-Cola European Partners PLC has a 1 year low of $44.44 and a 1 year high of $58.94. The firm’s 50-day moving average is $52.84 and its 200-day moving average is $55.36. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.62 and a current ratio of 0.84. The company has a market cap of $24.53 billion, a P/E ratio of 18.43, a PEG ratio of 2.02 and a beta of 0.38.
Coca-Cola European Partners 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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