Ibex Wealth Advisors Buys Shares of 4,640 Coca-Cola Europacific Partners PLC (NYSE:CCEP)

Ibex Wealth Advisors bought a new stake in shares of Coca-Cola Europacific Partners PLC (NYSE:CCEPFree Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 4,640 shares of the company’s stock, valued at approximately $290,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Norges Bank purchased a new position in shares of Coca-Cola Europacific Partners during the 4th quarter valued at $66,427,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its position in shares of Coca-Cola Europacific Partners by 196.6% during the 4th quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 1,762,591 shares of the company’s stock valued at $97,507,000 after purchasing an additional 1,168,323 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of Coca-Cola Europacific Partners by 101.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,052,876 shares of the company’s stock valued at $132,267,000 after purchasing an additional 1,034,369 shares in the last quarter. Nuveen Asset Management LLC grew its position in shares of Coca-Cola Europacific Partners by 94.7% during the 2nd quarter. Nuveen Asset Management LLC now owns 1,839,421 shares of the company’s stock valued at $118,514,000 after purchasing an additional 894,560 shares in the last quarter. Finally, Epoch Investment Partners Inc. grew its position in shares of Coca-Cola Europacific Partners by 25.4% during the 2nd quarter. Epoch Investment Partners Inc. now owns 3,887,737 shares of the company’s stock valued at $250,487,000 after purchasing an additional 787,687 shares in the last quarter. Institutional investors own 29.50% of the company’s stock.

Coca-Cola Europacific Partners Stock Up 0.6 %

Shares of NYSE:CCEP opened at $69.14 on Wednesday. The firm has a fifty day moving average of $65.02 and a 200 day moving average of $62.92. The company has a current ratio of 0.85, a quick ratio of 0.66 and a debt-to-equity ratio of 1.20. Coca-Cola Europacific Partners PLC has a 52-week low of $53.53 and a 52-week high of $69.21.

Analysts Set New Price Targets

CCEP has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. boosted their price target on shares of Coca-Cola Europacific Partners from $72.50 to $77.00 and gave the company an “overweight” rating in a research report on Wednesday, November 29th. Barclays boosted their price target on shares of Coca-Cola Europacific Partners from $66.00 to $74.00 and gave the company an “overweight” rating in a research report on Tuesday, January 16th. Evercore ISI reduced their price target on shares of Coca-Cola Europacific Partners from $75.00 to $70.00 and set an “outperform” rating for the company in a research report on Monday, October 9th. BNP Paribas upgraded shares of Coca-Cola Europacific Partners from a “neutral” rating to an “outperform” rating and set a $79.00 target price for the company in a research report on Friday, January 12th. Finally, StockNews.com lowered shares of Coca-Cola Europacific Partners from a “buy” rating to a “hold” rating in a research report on Monday, November 13th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $71.35.

Get Our Latest Research Report on Coca-Cola Europacific Partners

About Coca-Cola Europacific Partners

(Free Report)

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.

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Institutional Ownership by Quarter for Coca-Cola Europacific Partners (NYSE:CCEP)

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