Zoran Bogdanovic Sells 22,036 Shares of Coca-Cola HBC AG (LON:CCH) Stock

Coca-Cola HBC AG (LON:CCHGet Free Report) insider Zoran Bogdanovic sold 22,036 shares of Coca-Cola HBC stock in a transaction that occurred on Friday, May 24th. The shares were sold at an average price of GBX 2,770 ($35.38), for a total transaction of £610,397.20 ($779,562.20).

Zoran Bogdanovic also recently made the following trade(s):

  • On Friday, May 17th, Zoran Bogdanovic purchased 157 shares of Coca-Cola HBC stock. The shares were bought at an average cost of GBX 2,796 ($35.71) per share, with a total value of £4,389.72 ($5,606.28).
  • On Wednesday, April 17th, Zoran Bogdanovic purchased 179 shares of Coca-Cola HBC stock. The shares were bought at an average cost of GBX 2,395 ($30.59) per share, with a total value of £4,287.05 ($5,475.16).
  • On Wednesday, March 27th, Zoran Bogdanovic sold 5,099 shares of Coca-Cola HBC stock. The shares were sold at an average price of GBX 2,519 ($32.17), for a total transaction of £128,443.81 ($164,040.63).
  • On Friday, March 22nd, Zoran Bogdanovic sold 15,133 shares of Coca-Cola HBC stock. The shares were sold at an average price of GBX 2,480 ($31.67), for a total transaction of £375,298.40 ($479,308.30).
  • On Monday, March 18th, Zoran Bogdanovic purchased 172 shares of Coca-Cola HBC stock. The shares were bought at an average cost of GBX 2,482 ($31.70) per share, with a total value of £4,269.04 ($5,452.16).

Coca-Cola HBC Price Performance

LON CCH opened at GBX 2,766 ($35.33) on Wednesday. The firm’s fifty day simple moving average is GBX 2,571.12 and its two-hundred day simple moving average is GBX 2,408.14. The company has a current ratio of 1.02, a quick ratio of 0.80 and a debt-to-equity ratio of 107.46. Coca-Cola HBC AG has a 12-month low of GBX 2,065 ($26.37) and a 12-month high of GBX 2,830 ($36.14). The firm has a market capitalization of £10.10 billion, a P/E ratio of 1,862.16, a P/E/G ratio of 1.55 and a beta of 0.91.

Coca-Cola HBC Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, June 24th. Shareholders of record on Thursday, May 30th will be issued a €0.93 ($1.01) dividend. This is a positive change from Coca-Cola HBC’s previous dividend of $0.78. This represents a yield of 3.25%. The ex-dividend date is Thursday, May 30th. Coca-Cola HBC’s payout ratio is currently 5,337.84%.

Analysts Set New Price Targets

CCH has been the subject of several research analyst reports. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 2,350 ($30.01) price target on shares of Coca-Cola HBC in a research note on Wednesday, April 3rd. Barclays reissued an “overweight” rating and set a GBX 3,000 ($38.31) price objective on shares of Coca-Cola HBC in a report on Wednesday, May 1st. Finally, Jefferies Financial Group reissued a “buy” rating and set a GBX 3,000 ($38.31) price objective on shares of Coca-Cola HBC in a report on Wednesday, May 1st. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, Coca-Cola HBC presently has an average rating of “Moderate Buy” and a consensus price target of GBX 2,875 ($36.72).

Check Out Our Latest Report on Coca-Cola HBC

About Coca-Cola HBC

(Get Free Report)

Coca-Cola HBC AG engages in the production, distribution, and sale of non-alcoholic ready-to-drink beverages under franchise in Switzerland, the United Kingdom, North and Central America, rest of Europe, the Nordic countries, and internationally. The company offers sparkling soft drinks, adult sparkling, hydration drinks, juices, ready-to-drink tea and coffee, sports and energy drinks, dairy, stills, coffee, water, plant-based drinks, premium spirits, and snacks.

Further Reading

Insider Buying and Selling by Quarter for Coca-Cola HBC (LON:CCH)

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