Coca-Cola Europacific Partners $CCEP Shares Sold by Mitsubishi UFJ Trust & Banking Corp

Key Points

• CCEP: Mitsubishi UFJ Trust & Banking reduced its stake in Coca‑Cola Europacific Partners by 12% in Q4, selling 15,829 shares and finishing the quarter with 116,305 shares worth about $10.55 million.
• Several large institutions sharply increased positions earlier (e.g., Invesco now ~15.61M shares ≈ $1.41B; Truist added ~4.71M shares to ~4.76M ≈ $430M), and institutional investors own about 31.35% of the company.
• The company declared a $0.82 per share dividend payable May 27 (record/ex‑dividend date May 15), and analysts hold a Moderate Buy consensus with an average price target of $106.00.

Mitsubishi UFJ Trust & Banking Corp decreased its position in Coca-Cola Europacific Partners (NASDAQ:CCEP - Free Report) by 12.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 116,305 shares of the company's stock after selling 15,829 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp's holdings in Coca-Cola Europacific Partners were worth $10,549,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in CCEP. Truist Financial Corp raised its stake in Coca-Cola Europacific Partners by 10,480.7% in the 3rd quarter. Truist Financial Corp now owns 4,756,043 shares of the company's stock valued at $429,994,000 after purchasing an additional 4,711,093 shares during the last quarter. Invesco Ltd. raised its stake in Coca-Cola Europacific Partners by 31.6% in the 3rd quarter. Invesco Ltd. now owns 15,610,379 shares of the company's stock valued at $1,411,334,000 after purchasing an additional 3,751,430 shares during the last quarter. Massachusetts Financial Services Co. MA raised its stake in Coca-Cola Europacific Partners by 138.9% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,835,583 shares of the company's stock valued at $527,595,000 after purchasing an additional 3,392,680 shares during the last quarter. Bessemer Group Inc. raised its stake in Coca-Cola Europacific Partners by 12,873.0% in the 3rd quarter. Bessemer Group Inc. now owns 2,537,646 shares of the company's stock valued at $229,428,000 after purchasing an additional 2,518,085 shares during the last quarter. Finally, Lazard Asset Management LLC raised its stake in Coca-Cola Europacific Partners by 310.4% in the 3rd quarter. Lazard Asset Management LLC now owns 2,329,999 shares of the company's stock valued at $210,802,000 after purchasing an additional 1,762,299 shares during the last quarter. Institutional investors and hedge funds own 31.35% of the company's stock.

Coca-Cola Europacific Partners Stock Performance

NASDAQ CCEP opened at $94.18 on Friday. Coca-Cola Europacific Partners has a 12 month low of $84.65 and a 12 month high of $110.90. The company has a 50-day moving average of $98.21 and a 200-day moving average of $93.80. The company has a quick ratio of 0.60, a current ratio of 0.80 and a debt-to-equity ratio of 1.23.

Coca-Cola Europacific Partners Announces Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, May 27th. Stockholders of record on Friday, May 15th will be paid a dividend of $0.82 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a dividend yield of 197.0%.

Analyst Upgrades and Downgrades

CCEP has been the subject of several analyst reports. UBS Group boosted their target price on shares of Coca-Cola Europacific Partners from $107.00 to $109.00 and gave the company a "buy" rating in a research note on Wednesday. The Goldman Sachs Group boosted their target price on shares of Coca-Cola Europacific Partners from $98.00 to $110.00 and gave the company a "buy" rating in a research note on Wednesday, February 18th. Citigroup reissued a "buy" rating on shares of Coca-Cola Europacific Partners in a research note on Thursday, February 19th. JPMorgan Chase & Co. upped their price objective on shares of Coca-Cola Europacific Partners from $89.00 to $93.00 and gave the company a "neutral" rating in a research note on Wednesday, February 18th. Finally, Bank of America reaffirmed a "neutral" rating and set a $96.00 price objective (down from $102.00) on shares of Coca-Cola Europacific Partners in a research note on Wednesday, January 14th. Seven investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $106.00.

Coca-Cola Europacific Partners Company Profile

Coca-Cola Europacific Partners is a major independent bottler and distributor of nonalcoholic ready-to-drink beverages, operating under a long-standing franchise relationship with The Coca-Cola Company. The business manufactures, bottles, sells and delivers a broad portfolio of global and local beverage brands, including still and sparkling soft drinks, waters, juices, sports drinks and ready-to-drink teas and coffees. Its activities encompass production, packaging, marketing and route-to-market distribution for retail, foodservice, convenience and vending customers.

The company was created through the combination of Coca-Cola European Partners and Coca-Cola Amatil in 2021, bringing together beverage operations across Europe and the Asia-Pacific region.

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