The average 12 month target price among analysts that have issued ratings on the stock in the previous year is $45.43.
Large investors have recently added to or reduced their stakes in the stock.
Coca-Cola European Partners PLC (NYSE:CCE) last announced its earnings results on Thursday, August 10th.
Coca-Cola European Partners PLC (CCE) opened at 43.75 on Friday. Balasa Dinverno & Foltz LLC's holdings in Coca-Cola Company (The) were worth $495,000 at the end of the most recent quarter. Coca Cola HBC AG has a 52-week low of GBX 1,572.00 and a 52-week high of GBX 2,656.00. Vanguard Group Inc. now owns 275,221,018 shares of the company's stock valued at $12,343,662,000 after buying an additional 4,818,963 shares during the period. UBS AG set a $48.00 price target on shares of Coca-Cola Company (The) and gave the company a "buy" rating in a research note on Tuesday, April 18th. Susquehanna Bancshares Inc restated a "hold" rating on shares of Coca-Cola European Partners PLC in a report on Thursday. Artisan Partners Limited Partnership increased its position in Coca-Cola European Partners PLC by 9.2% in the first quarter. On average, equities analysts anticipate that Coca-Cola Company will post $1.90 earnings per share for the current fiscal year. Meeder Asset Management Inc. now owns 2,754 shares of the company's stock worth $124,000 after buying an additional 1,026 shares during the period. State Street Corp increased its stake in Coca-Cola Company (The) by 1.2% in the first quarter. The company reported $0.59 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.57 by $0.02. The business had revenue of $9.70 billion for the quarter, compared to analyst estimates of $9.62 billion. Northern Trust Corp increased its stake in Coca-Cola Company (The) by 4.5% in the second quarter. The firm has a market cap of $21.37 billion, a PE ratio of 23.11 and a beta of 0.95. Jefferies Group LLC reissued a "buy" rating and issued a GBX 2,200 ($28.65) price target on shares of Coca Cola HBC AG in a report on Friday, May 12th. Finally, Epoch Investment Partners Inc. increased its stake in Coca-Cola European Partners PLC by 1.7% in the first quarter. State Street Corp now owns 173,789,519 shares of the company's stock valued at $7,375,663,000 after buying an additional 2,009,675 shares during the period.
KO has been the subject of a number of analyst reports. Northern Trust Corp now owns 50,761,341 shares of the company's stock valued at $2,276,647,000 after buying an additional 2,167,225 shares during the period. Coca-Cola Company (The) had a net margin of 10.68% and a return on equity of 34.53%. The stock has a 50 day moving average price of $45.14 and a 200-day moving average price of $43.57. During the same period a year ago, the business earned $0.60 EPS. The firm's quarterly revenue was down 15.9% on a year-over-year basis. Portfolio Solutions LLC purchased a new stake in shares of Coca-Cola Company (The) during the first quarter worth about $108,000.
The firm also recently declared a quarterly dividend, which will be paid on Monday, October 2nd. Investors of record on Friday, September 15th will be paid a dividend of $0.37 per share. The ex-dividend date is Thursday, September 14th. This represents a $1.48 dividend on an annualized basis and a yield of 3.25%. Coca-Cola Company (The)'s dividend payout ratio is now 154.17%.
ILLEGAL ACTIVITY NOTICE: "Balasa Dinverno & Foltz LLC Reduces Stake in Coca-Cola Company (The) (NYSE:KO)" was originally posted by Stock Observer and is owned by of Stock Observer. If you are reading this story on another website, it was illegally stolen and republished in violation of US and global copyright & trademark legislation. BNP Paribas reissued an "outperform" rating and set a GBX 2,700 ($35.16) target price on shares of Coca Cola HBC AG in a research report on Wednesday, July 19th.
In related news, insider Irial Finan sold 354,146 shares of the stock in a transaction that occurred on Wednesday, May 24th. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Whalerock Point Partners LLC now owns 6,063 shares of the company's stock valued at $252,000 after buying an additional 100 shares in the last quarter. The stock was sold at an average price of $45.61, for a total value of $402,234.59. The shares were acquired at an average price of GBX 2,329 ($30.33) per share, for a total transaction of £768.57 ($1,000.87). Also, insider Mark Randazza sold 24,156 shares of the business's stock in a transaction on Thursday, July 27th. The disclosure for this sale can be found here. The original version of this piece of content can be read at https://www.com-unik.info/2017/08/13/manning-napier-advisors-llc-purchases-new-position-in-coca-cola-european-partners-plc-nysecce-updated-updated.html. Artisan Partners Limited Partnership now owns 14,626,813 shares of the company's stock worth $551,285,000 after buying an additional 1,229,855 shares in the last quarter. Institutional investors own 63.68% of the company's stock.
The Company produces, sells and distributes beverage brands.