Coca-Cola Europacific Partners PLC (NASDAQ:CCEP) Holdings Raised by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. grew its position in Coca-Cola Europacific Partners PLC (NASDAQ:CCEP) by 6.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 41,041 shares of the company’s stock after acquiring an additional 2,514 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Coca-Cola Europacific Partners were worth $2,991,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in the company. Private Advisor Group LLC bought a new position in Coca-Cola Europacific Partners during the 4th quarter worth $235,000. NBC Securities Inc. grew its stake in Coca-Cola Europacific Partners by 12.9% during the 4th quarter. NBC Securities Inc. now owns 1,326 shares of the company’s stock worth $88,000 after buying an additional 152 shares during the last quarter. Ieq Capital LLC bought a new position in Coca-Cola Europacific Partners during the 4th quarter worth $548,000. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in Coca-Cola Europacific Partners by 23.8% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 123,856 shares of the company’s stock worth $8,145,000 after buying an additional 23,823 shares during the last quarter. Finally, Panagora Asset Management Inc. grew its stake in Coca-Cola Europacific Partners by 546.5% during the 4th quarter. Panagora Asset Management Inc. now owns 239,494 shares of the company’s stock worth $15,984,000 after buying an additional 202,452 shares during the last quarter. 31.35% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

CCEP has been the subject of a number of analyst reports. StockNews.com lowered Coca-Cola Europacific Partners from a “buy” rating to a “hold” rating in a research report on Sunday, May 19th. BNP Paribas lowered 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. 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 research report on Friday, August 9th. 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 research report on Monday, September 9th. 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 research report on Wednesday, July 10th. Two analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $79.78.

Coca-Cola Europacific Partners Price Performance

Shares of Coca-Cola Europacific Partners stock opened at $81.54 on Friday. The stock’s fifty day moving average is $76.23 and its 200-day moving average is $73.31. 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 PLC has a 12-month low of $56.28 and a 12-month high of $82.14.

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.