Mount Yale Investment Advisors LLC Has $1.51 Million Stake in Coca-Cola Europacific Partners PLC (NASDAQ:CCEP)

Mount Yale Investment Advisors LLC cut its holdings in Coca-Cola Europacific Partners PLC (NASDAQ:CCEP) by 1.7% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 19,222 shares of the company’s stock after selling 328 shares during the period. Mount Yale Investment Advisors LLC’s holdings in Coca-Cola Europacific Partners were worth $1,514,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in CCEP. Crewe Advisors LLC bought a new position in Coca-Cola Europacific Partners in the 1st quarter worth approximately $36,000. New Covenant Trust Company N.A. bought a new stake in Coca-Cola Europacific Partners in the 1st quarter valued at $36,000. New Millennium Group LLC acquired a new stake in Coca-Cola Europacific Partners in the 2nd quarter worth $37,000. Whittier Trust Co. of Nevada Inc. increased its holdings in shares of Coca-Cola Europacific Partners by 38.1% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 504 shares of the company’s stock worth $40,000 after purchasing an additional 139 shares during the period. Finally, Mather Group LLC. raised its position in shares of Coca-Cola Europacific Partners by 142.0% during the second quarter. Mather Group LLC. now owns 668 shares of the company’s stock valued at $47,000 after buying an additional 392 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 $77.98 on Friday. The stock has a market capitalization of $35.62 billion, a P/E ratio of 16.63, a price-to-earnings-growth ratio of 3.54 and a beta of 0.90. The company has a current ratio of 0.85, a quick ratio of 0.63 and a debt-to-equity ratio of 1.12. Coca-Cola Europacific Partners PLC has a 1 year low of $57.48 and a 1 year high of $82.32. The firm has a 50 day moving average of $79.00 and a 200-day moving average of $74.94.

Wall Street Analysts Forecast Growth

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

Coca-Cola Europacific Partners Company Profile

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.