Stifel Financial Corp Grows Stock Position in Coca-Cola Europacific Partners PLC (NASDAQ:CCEP)

Stifel Financial Corp raised its holdings in Coca-Cola Europacific Partners PLC (NASDAQ:CCEPFree Report) by 3.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 149,227 shares of the company’s stock after buying an additional 5,351 shares during the quarter. Stifel Financial Corp’s holdings in Coca-Cola Europacific Partners were worth $9,959,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. GAMMA Investing LLC acquired a new stake in shares of Coca-Cola Europacific Partners in the fourth quarter worth approximately $28,000. Benjamin F. Edwards & Company Inc. boosted its holdings in shares of Coca-Cola Europacific Partners by 220.0% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 512 shares of the company’s stock valued at $34,000 after purchasing an additional 352 shares during the last quarter. Global Retirement Partners LLC boosted its holdings in shares of Coca-Cola Europacific Partners by 24.1% in the 4th quarter. Global Retirement Partners LLC now owns 799 shares of the company’s stock valued at $54,000 after purchasing an additional 155 shares during the last quarter. China Universal Asset Management Co. Ltd. purchased a new stake in shares of Coca-Cola Europacific Partners during the 4th quarter valued at $61,000. Finally, Assetmark Inc. acquired a new stake in shares of Coca-Cola Europacific Partners during the 4th quarter worth $64,000. Institutional investors and hedge funds own 31.35% of the company’s stock.

Coca-Cola Europacific Partners Trading Down 0.1 %

Coca-Cola Europacific Partners stock opened at $73.83 on Thursday. The company has a quick ratio of 0.72, a current ratio of 0.91 and a debt-to-equity ratio of 1.27. The firm’s fifty day moving average price is $71.19 and its 200 day moving average price is $68.42. Coca-Cola Europacific Partners PLC has a 12-month low of $56.28 and a 12-month high of $75.43.

Coca-Cola Europacific Partners Cuts Dividend

The firm also recently declared a semi-annual dividend, which was paid on Thursday, May 23rd. Investors of record on Friday, May 10th were issued a $0.79 dividend. This represents a yield of 5.6%. The ex-dividend date was Thursday, May 9th.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on CCEP shares. StockNews.com downgraded Coca-Cola Europacific Partners from a “buy” rating to a “hold” rating in a research report on Sunday, May 19th. UBS Group increased their target price on shares of Coca-Cola Europacific Partners from $74.00 to $78.00 and gave the stock a “buy” rating in a research report on Monday, February 26th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Coca-Cola Europacific Partners from $68.00 to $77.00 and gave the company a “buy” rating in a research report on Thursday, March 28th. Argus increased their price objective on shares of Coca-Cola Europacific Partners from $72.00 to $85.00 and gave the stock a “buy” rating in a research report on Tuesday, March 19th. Finally, Barclays raised their target price on shares of Coca-Cola Europacific Partners from $78.00 to $84.00 and gave the company an “overweight” rating in a research note on Tuesday, May 14th. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $76.44.

View 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 (NASDAQ:CCEP)

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