Blue Trust Inc. Has $75,000 Stake in Coca-Cola Europacific Partners PLC (NASDAQ:CCEP)

Blue Trust Inc. increased its position in Coca-Cola Europacific Partners PLC (NASDAQ:CCEP) by 21.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,023 shares of the company’s stock after buying an additional 181 shares during the period. Blue Trust Inc.’s holdings in Coca-Cola Europacific Partners were worth $75,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in CCEP. Signaturefd LLC grew its stake in Coca-Cola Europacific Partners by 2.6% in the second quarter. Signaturefd LLC now owns 5,735 shares of the company’s stock valued at $418,000 after acquiring an additional 147 shares during the period. Waverly Advisors LLC grew its position in Coca-Cola Europacific Partners by 1.0% in the 1st quarter. Waverly Advisors LLC now owns 14,856 shares of the company’s stock valued at $1,039,000 after purchasing an additional 151 shares during the period. CWM LLC increased its stake in Coca-Cola Europacific Partners by 14.5% during the 3rd quarter. CWM LLC now owns 1,318 shares of the company’s stock valued at $104,000 after purchasing an additional 167 shares in the last quarter. Legacy Financial Advisors Inc. raised its holdings in Coca-Cola Europacific Partners by 3.8% during the second quarter. Legacy Financial Advisors Inc. now owns 4,605 shares of the company’s stock worth $336,000 after buying an additional 168 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in shares of Coca-Cola Europacific Partners by 0.4% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 46,994 shares of the company’s stock valued at $3,424,000 after buying an additional 186 shares in the last quarter. 31.35% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms have recently commented on CCEP. Bank of America boosted their target price on shares of 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. Deutsche Bank Aktiengesellschaft increased their price objective on Coca-Cola Europacific Partners from $78.00 to $90.00 and gave the stock a “buy” rating in a research note on Monday, September 9th. BNP Paribas cut 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. Citigroup upgraded Coca-Cola Europacific Partners to a “strong-buy” rating in a report on Thursday, October 3rd. Finally, Barclays dropped their price objective on Coca-Cola Europacific Partners from $85.00 to $84.00 and set an “overweight” rating on the stock in a research note on Friday, October 11th. Two research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $80.88.

Coca-Cola Europacific Partners Stock Up 0.2 %

Shares of NASDAQ:CCEP opened at $76.40 on Thursday. Coca-Cola Europacific Partners PLC has a 1 year low of $57.48 and a 1 year high of $82.32. The company has a market capitalization of $34.90 billion, a PE ratio of 16.29, a price-to-earnings-growth ratio of 3.54 and a beta of 0.90. The business has a fifty day moving average price of $78.99 and a two-hundred day moving average price of $75.24. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.85 and a quick ratio of 0.63.

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.