November 28, 2016 - By Darrin Black · 0 Comments
Coca-cola Enterprises Inc (NYSE:CCE) institutional sentiment increased to 0.14 in 2016 Q2. Its up 0.13, from 0.01 in 2016Q1. The ratio improved, as 4 funds opened new and increased equity positions, while 372 decreased and sold stakes in Coca-cola Enterprises Inc. The funds in our partner’s database reported: 1.93 million shares, down from 187.11 million shares in 2016Q1. Also, the number of funds holding Coca-cola Enterprises Inc in their top 10 equity positions decreased from 5 to 0 for a decrease of 5. Sold All: 370 Reduced: 2 Increased: 2 New Position: 2.
About 631,844 shares traded hands. Coca-Cola European Partners plc Ordinary Shares (NYSE:CCE) has declined 35.52% since April 25, 2016 and is downtrending. It has underperformed by 41.54% the S&P500.
Analysts await Coca-Cola European Partners plc Ordinary Shares (NYSE:CCE) to report earnings on February, 9. They expect $0.45 EPS, down 15.09% or $0.08 from last year’s $0.53 per share. CCE’s profit will be $215.91 million for 18.71 P/E if the $0.45 EPS becomes a reality. After $0.74 actual EPS reported by Coca-Cola European Partners plc Ordinary Shares for the previous quarter, Wall Street now forecasts -39.19% negative EPS growth.
According to Zacks Investment Research, “Coca-Cola European Partners PLC is a consumer packaged goods company. It is engaged in producing, distributing and marketing nonalcoholic ready-to-drink beverages. It operates primarily in Andorra, Belgium, continental France, Germany, Great Britain, Luxembourg, Monaco, the Netherlands, Norway, Portugal, Spain and Sweden. Coca-Cola European Partners PLC, formerly known as Coca-Cola Enterprises Inc., is headquartered in Uxbridge, United Kingdom.”
Tourbillon Capital Partners L.P. holds 0.64% of its portfolio in Coca-Cola European Partners plc Ordinary Shares for 900,800 shares. Ar Asset Management Inc owns 27,000 shares or 0.4% of their US portfolio. Moreover, Green Square Capital Llc has 0.23% invested in the company for 26,654 shares. The New York-based Adirondack Research & Management Inc. has invested 0.16% in the stock. Palo Capital Inc., a California-based fund reported 11,306 shares.#img1#
Ratings analysis reveals 33% of Coca-Cola Enterprises Inc.’s analysts are positive. Out of 21 Wall Street analysts rating Coca-Cola Enterprises Inc., 7 give it “Buy”, 2 “Sell” rating, while 12 recommend “Hold”. The lowest target is $40 while the high is $60. The stock’s average target of $51.15 is 51.83% above today’s ($33.69) share price. CCE was included in 37 notes of analysts from August 3, 2015. CLSA upgraded the shares of CCE in a report on Thursday, August 13 to “Underperform” rating. The stock of Coca-Cola European Partners plc Ordinary Shares (NYSE:CCE) has “Buy” rating given on Friday, August 7 by Gabelli. The company was initiated on Tuesday, May 31 by Goldman Sachs. Zacks downgraded Coca-Cola European Partners plc Ordinary Shares (NYSE:CCE) on Wednesday, August 26 to “Buy” rating. Evercore upgraded the stock to “Buy” rating in Tuesday, May 31 report. The firm has “Sector Perform” rating given on Tuesday, September 8 by RBC Capital Markets. The stock of Coca-Cola European Partners plc Ordinary Shares (NYSE:CCE) earned “Hold” rating by Gabelli on Friday, August 7. The rating was upgraded by Societe Generale to “Buy” on Tuesday, July 19. Barclays Capital maintained Coca-Cola European Partners plc Ordinary Shares (NYSE:CCE) rating on Wednesday, June 1. Barclays Capital has “Equal-Weight” rating and $40 price target. The stock of Coca-Cola European Partners plc Ordinary Shares (NYSE:CCE) earned “Buy” rating by Stifel Nicolaus on Thursday, April 14.
More notable recent Coca-Cola European Partners plc Ordinary Shares (NYSE:CCE) news were published by: Finance.Yahoo.com which released: “Coca-Cola European Partners Plc (CCE)” on April 11, 2014, also Businesswire.com with their article: “COCA-COLA European Partners Plc: Voting Rights and Capital” published on November 01, 2016, Businesswire.com published: “Coca-Cola Enterprises, Inc. Announces Approval of Prospectus Prepared by Coca …” on May 25, 2016. More interesting news about Coca-Cola European Partners plc Ordinary Shares (NYSE:CCE) were released by: Businesswire.com and their article: “Coca-Cola European Partners: Voting Rights and Capital” published on June 30, 2016 as well as Businesswire.com‘s news article titled: “Coca-Cola European Partners Plc Admission to Listing and Trading” with publication date: June 02, 2016.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.
By Darrin Black