Signaturefd LLC Purchases 372 Shares of Coca-Cola Europacific Partners PLC (NASDAQ:CCEP)

Signaturefd LLC lifted its stake in shares of Coca-Cola Europacific Partners PLC (NASDAQ:CCEP) by 6.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 6,349 shares of the company’s stock after buying an additional 372 shares during the period. Signaturefd LLC’s holdings in Coca-Cola Europacific Partners were worth $488,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of CCEP. SBI Securities Co. Ltd. acquired a new position in Coca-Cola Europacific Partners in the fourth quarter valued at approximately $27,000. MassMutual Private Wealth & Trust FSB lifted its holdings in Coca-Cola Europacific Partners by 85.3% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 428 shares of the company’s stock valued at $33,000 after buying an additional 197 shares during the period. Whipplewood Advisors LLC acquired a new position in Coca-Cola Europacific Partners in the fourth quarter valued at approximately $52,000. Brown Brothers Harriman & Co. lifted its holdings in Coca-Cola Europacific Partners by 1,604.0% in the third quarter. Brown Brothers Harriman & Co. now owns 852 shares of the company’s stock valued at $67,000 after buying an additional 802 shares during the period. Finally, Blue Trust Inc. lifted its holdings in Coca-Cola Europacific Partners by 16.2% in the fourth quarter. Blue Trust Inc. now owns 1,189 shares of the company’s stock valued at $94,000 after buying an additional 166 shares during the period. 31.35% of the stock is currently owned by institutional investors and hedge funds.

Coca-Cola Europacific Partners Price Performance

Shares of Coca-Cola Europacific Partners stock opened at $85.56 on Friday. Coca-Cola Europacific Partners PLC has a twelve month low of $65.94 and a twelve month high of $88.39. The company has a quick ratio of 0.63, a current ratio of 0.81 and a debt-to-equity ratio of 1.11. The company has a 50-day simple moving average of $81.57 and a two-hundred day simple moving average of $79.16. The stock has a market capitalization of $39.44 billion, a price-to-earnings ratio of 17.60, a price-to-earnings-growth ratio of 4.89 and a beta of 0.91.

Wall Street Analysts Forecast Growth

CCEP has been the subject of a number of recent analyst reports. Sanford C. Bernstein initiated coverage on shares of Coca-Cola Europacific Partners in a research note on Tuesday, December 3rd. They issued a “market perform” rating and a $82.00 price target for the company. Morgan Stanley upgraded shares of Coca-Cola Europacific Partners from an “equal weight” rating to an “overweight” rating in a research note on Monday, December 9th. JPMorgan Chase & Co. cut shares of Coca-Cola Europacific Partners from an “overweight” rating to a “neutral” rating and cut their price target for the company from $85.00 to $82.00 in a research note on Wednesday, November 27th. Evercore ISI increased their price target on shares of Coca-Cola Europacific Partners from $82.00 to $90.00 and gave the company an “outperform” rating in a research note on Tuesday, February 18th. Finally, Barclays raised their target price on shares of Coca-Cola Europacific Partners from $92.00 to $98.00 and gave the stock an “overweight” rating in a research note on Thursday, March 6th. One analyst has rated the stock with a sell rating, four have assigned a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Coca-Cola Europacific Partners has an average rating of “Moderate Buy” and a consensus target price of $86.88.

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.