MBB Public Markets I LLC Takes $1.05 Million Position in Coca-Cola Europacific Partners PLC (NASDAQ:CCEP)

MBB Public Markets I LLC acquired a new stake in shares of Coca-Cola Europacific Partners PLC (NASDAQ:CCEP) during the second quarter, according to its most recent disclosure with the SEC. The fund acquired 14,335 shares of the company’s stock, valued at approximately $1,045,000.

A number of other large investors have also recently made changes to their positions in CCEP. Hsbc Holdings PLC lifted its position in shares of Coca-Cola Europacific Partners by 28.2% during the 4th quarter. Hsbc Holdings PLC now owns 59,618 shares of the company’s stock valued at $3,973,000 after buying an additional 13,100 shares in the last quarter. Parallel Advisors LLC lifted its position in shares of Coca-Cola Europacific Partners by 11.4% during the 4th quarter. Parallel Advisors LLC now owns 2,875 shares of the company’s stock valued at $192,000 after buying an additional 295 shares in the last quarter. Steward Partners Investment Advisory LLC lifted its position in shares of Coca-Cola Europacific Partners by 28.9% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 3,818 shares of the company’s stock valued at $255,000 after buying an additional 855 shares in the last quarter. Stifel Financial Corp lifted its position in shares of Coca-Cola Europacific Partners by 3.7% during the 4th quarter. Stifel Financial Corp now owns 149,227 shares of the company’s stock valued at $9,959,000 after buying an additional 5,351 shares in the last quarter. Finally, Eagle Asset Management Inc. lifted its position in shares of Coca-Cola Europacific Partners by 21.3% during the 4th quarter. Eagle Asset Management Inc. now owns 5,755 shares of the company’s stock valued at $384,000 after buying an additional 1,012 shares in the last quarter. 31.35% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Deutsche Bank Aktiengesellschaft boosted their price target on Coca-Cola Europacific Partners from $78.00 to $90.00 and gave the stock a “buy” rating in a report on Monday, September 9th. Barclays boosted their price target on Coca-Cola Europacific Partners from $82.00 to $85.00 and gave the stock an “overweight” rating in a report on Friday, August 9th. BNP Paribas cut Coca-Cola Europacific Partners from an “outperform” rating to a “neutral” rating and set a $81.00 price target on the stock. in a report on Tuesday, September 10th. Finally, Bank of America boosted their price target on Coca-Cola Europacific Partners from $80.00 to $82.00 and gave the stock a “buy” rating in a report on Wednesday, July 10th. Two equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, Coca-Cola Europacific Partners currently has an average rating of “Moderate Buy” and an average price target of $79.78.

Coca-Cola Europacific Partners Stock Down 0.5 %

Shares of CCEP opened at $78.75 on Tuesday. Coca-Cola Europacific Partners PLC has a 1 year low of $56.28 and a 1 year high of $82.32. The business’s 50 day simple moving average is $77.71 and its 200-day simple moving average is $74.11. The company has a quick ratio of 0.63, a current ratio of 0.85 and a debt-to-equity ratio of 1.12.

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.