OLD National Bancorp IN Has $486,000 Stock Position in Coca-Cola Europacific Partners PLC (NASDAQ:CCEP)

OLD National Bancorp IN cut its position in Coca-Cola Europacific Partners PLC (NASDAQ:CCEP) by 4.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,172 shares of the company’s stock after selling 258 shares during the period. OLD National Bancorp IN’s holdings in Coca-Cola Europacific Partners were worth $486,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in CCEP. Crewe Advisors LLC bought a new stake in Coca-Cola Europacific Partners during the 1st quarter worth approximately $36,000. New Covenant Trust Company N.A. acquired a new stake in shares of Coca-Cola Europacific Partners in the first quarter valued at $36,000. New Millennium Group LLC bought a new position in shares of Coca-Cola Europacific Partners in the second quarter valued at about $37,000. Mather Group LLC. grew its holdings in Coca-Cola Europacific Partners by 142.0% during the 2nd quarter. Mather Group LLC. now owns 668 shares of the company’s stock worth $47,000 after acquiring an additional 392 shares during the last quarter. Finally, Family Firm Inc. acquired a new stake in Coca-Cola Europacific Partners in the 2nd quarter valued at about $56,000. 31.35% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

CCEP has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft increased their price target on shares of Coca-Cola Europacific Partners from $78.00 to $90.00 and gave the company a “buy” rating in a research note on Monday, September 9th. Citigroup upgraded Coca-Cola Europacific Partners to a “strong-buy” rating in a research report on Thursday, October 3rd. Bank of America raised their price target on Coca-Cola Europacific Partners from $80.00 to $82.00 and gave the company a “buy” rating in a report on Wednesday, July 10th. Barclays cut their target price on shares of Coca-Cola Europacific Partners from $85.00 to $84.00 and set an “overweight” rating on the stock in a research report on Friday, October 11th. Finally, BNP Paribas cut shares of Coca-Cola Europacific Partners from an “outperform” rating to a “neutral” rating and set a $81.00 price target for the company. in a research report on Tuesday, September 10th. Two analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, Coca-Cola Europacific Partners presently has an average rating of “Moderate Buy” and a consensus price target of $80.88.

Coca-Cola Europacific Partners Trading Up 0.1 %

CCEP opened at $77.25 on Wednesday. The firm’s fifty day moving average is $78.95 and its two-hundred day moving average is $74.90. The firm has a market cap of $35.29 billion, a PE ratio of 16.47, a price-to-earnings-growth ratio of 3.54 and a beta of 0.90. Coca-Cola Europacific Partners PLC has a twelve month low of $56.45 and a twelve month high of $82.32. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.63 and a current ratio of 0.85.

About Coca-Cola Europacific Partners

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.