Banque Cantonale Vaudoise acquired a new position in shares of Coca-Cola Europacific Partners (NASDAQ:CCEP - Free Report) in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 7,936 shares of the company's stock, valued at approximately $691,000.
Several other institutional investors and hedge funds have also made changes to their positions in the business. Private Trust Co. NA lifted its stake in Coca-Cola Europacific Partners by 6.0% during the first quarter. Private Trust Co. NA now owns 2,022 shares of the company's stock worth $176,000 after purchasing an additional 115 shares during the last quarter. BKM Wealth Management LLC raised its holdings in Coca-Cola Europacific Partners by 1.6% during the first quarter. BKM Wealth Management LLC now owns 7,834 shares of the company's stock worth $682,000 after purchasing an additional 124 shares in the last quarter. Assetmark Inc. lifted its position in shares of Coca-Cola Europacific Partners by 107.3% during the 1st quarter. Assetmark Inc. now owns 284 shares of the company's stock worth $25,000 after buying an additional 147 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Coca-Cola Europacific Partners by 0.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 53,142 shares of the company's stock worth $4,087,000 after buying an additional 155 shares during the last quarter. Finally, TD Private Client Wealth LLC boosted its holdings in shares of Coca-Cola Europacific Partners by 1.7% in the 1st quarter. TD Private Client Wealth LLC now owns 13,379 shares of the company's stock valued at $1,164,000 after buying an additional 220 shares in the last quarter. 31.35% of the stock is owned by institutional investors and hedge funds.
Coca-Cola Europacific Partners Trading Down 2.3%
NASDAQ CCEP opened at $96.92 on Friday. The firm's fifty day moving average is $94.13 and its two-hundred day moving average is $87.92. Coca-Cola Europacific Partners has a one year low of $71.49 and a one year high of $100.67. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.62 and a current ratio of 0.81. The firm has a market cap of $44.67 billion, a PE ratio of 19.94, a P/E/G ratio of 5.02 and a beta of 0.77.
Analysts Set New Price Targets
Several brokerages recently commented on CCEP. Barclays reiterated an "overweight" rating and set a $104.00 price target (up from $101.00) on shares of Coca-Cola Europacific Partners in a research note on Tuesday, July 15th. Wall Street Zen lowered Coca-Cola Europacific Partners from a "buy" rating to a "hold" rating in a report on Saturday, July 5th. Finally, UBS Group boosted their target price on Coca-Cola Europacific Partners from $100.00 to $105.00 and gave the company a "buy" rating in a report on Wednesday, July 2nd. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $90.57.
Get Our Latest Stock Report on Coca-Cola Europacific Partners
Coca-Cola Europacific Partners Company Profile
(
Free Report)
Coca-Cola Europacific Partners PLC, together with its subsidiaries, produces, distributes, and sells a range of non-alcoholic ready to drink beverages. It offers flavours, mixers, and energy drinks; soft drinks, waters, enhanced water, and isotonic drinks; and ready-to-drink tea and coffee, juices, and other drinks.
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