Sei Investments Co. increased its holdings in Coca-Cola Europacific Partners PLC (NASDAQ:CCEP – Free Report) by 14.7% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 406,693 shares of the company’s stock after buying an additional 52,127 shares during the period. Sei Investments Co. owned 0.09% of Coca-Cola Europacific Partners worth $29,635,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently made changes to their positions in CCEP. Norges Bank purchased a new stake in shares of Coca-Cola Europacific Partners in the fourth quarter worth $68,360,000. Point72 Asset Management L.P. raised its position in shares of Coca-Cola Europacific Partners by 89.3% in the fourth quarter. Point72 Asset Management L.P. now owns 2,156,056 shares of the company’s stock worth $143,895,000 after buying an additional 1,017,278 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in shares of Coca-Cola Europacific Partners in the first quarter worth $47,839,000. Public Sector Pension Investment Board raised its position in shares of Coca-Cola Europacific Partners by 800.5% in the fourth quarter. Public Sector Pension Investment Board now owns 663,146 shares of the company’s stock worth $44,258,000 after buying an additional 589,500 shares in the last quarter. Finally, First Trust Advisors LP raised its position in shares of Coca-Cola Europacific Partners by 1,735.9% in the fourth quarter. First Trust Advisors LP now owns 456,425 shares of the company’s stock worth $30,462,000 after buying an additional 431,564 shares in the last quarter. Hedge funds and other institutional investors own 31.35% of the company’s stock.
Coca-Cola Europacific Partners Stock Down 0.6 %
Shares of NASDAQ:CCEP opened at $80.57 on Tuesday. The stock’s 50-day moving average price is $77.17 and its 200-day moving average price is $73.84. Coca-Cola Europacific Partners PLC has a 12-month low of $56.28 and a 12-month high of $82.32. The stock has a market capitalization of $36.80 billion, a P/E ratio of 16.96, a price-to-earnings-growth ratio of 3.64 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.
Analyst Upgrades and Downgrades
Coca-Cola Europacific Partners 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.
See Also
- Five stocks we like better than Coca-Cola Europacific Partners
- How to Use the MarketBeat Stock Screener
- The Average 401k Balance by Age Explained
- Top Biotech Stocks: Exploring Innovation Opportunities
- 3 Uranium Stocks To Gain as Microsoft Goes Nuclear to Power AI
- What is the Euro STOXX 50 Index?
- Biotech Boom Ahead? Key Stocks and ETFs to Watch Now
Receive News & Ratings for Coca-Cola Europacific Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Coca-Cola Europacific Partners and related companies with MarketBeat.com's FREE daily email newsletter.