Naples Global Advisors LLC Cuts Stake in Coca-Cola European Partners PLC (NYSE:CCE)

Naples Global Advisors LLC trimmed its holdings in Coca-Cola European Partners PLC (NYSE:CCE) by 3.8% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 15,374 shares of the company’s stock after selling 600 shares during the period. Naples Global Advisors LLC’s holdings in Coca-Cola European Partners were worth $795,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Old North State Trust LLC raised its holdings in Coca-Cola European Partners by 11.0% during the first quarter. Old North State Trust LLC now owns 1,980 shares of the company’s stock worth $102,000 after purchasing an additional 197 shares in the last quarter. Unison Advisors LLC grew its position in Coca-Cola European Partners by 0.7% during the first quarter. Unison Advisors LLC now owns 30,182 shares of the company’s stock worth $1,561,000 after buying an additional 204 shares during the period. BB&T Corp grew its position in Coca-Cola European Partners by 1.2% during the first quarter. BB&T Corp now owns 17,618 shares of the company’s stock worth $912,000 after buying an additional 204 shares during the period. Hartford Investment Management Co. grew its position in Coca-Cola European Partners by 2.8% during the first quarter. Hartford Investment Management Co. now owns 9,408 shares of the company’s stock worth $487,000 after buying an additional 254 shares during the period. Finally, Cambridge Investment Research Advisors Inc. grew its position in Coca-Cola European Partners by 1.9% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 18,993 shares of the company’s stock worth $871,000 after buying an additional 347 shares during the period. 31.36% of the stock is owned by institutional investors and hedge funds.

The company has a current ratio of 1.01, a quick ratio of 0.81 and a debt-to-equity ratio of 0.77. Coca-Cola European Partners PLC has a 1 year low of $36.17 and a 1 year high of $46.90. The firm has a market cap of $25.65 billion, a PE ratio of 23.56, a price-to-earnings-growth ratio of 2.11 and a beta of 0.60.

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Coca-Cola European Partners Profile

Coca-Cola European Partners Plc engages in the distribution and sale of ready-to-drink beverages. It operates through the following brands: Coca-Cola, Diet Coke or Coca-Cola Light, Coke Zero, Coca-Cola Life, Fanta, and Sprite. It also offers energy drinks, waters, juices, sports drinks, and ready-to-drink teas.

Featured Article: Quiet Period

Institutional Ownership by Quarter for Coca-Cola European Partners (NYSE:CCE)

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