Steward Partners Investment Advisory LLC Has $255,000 Stock Position in Coca-Cola Europacific Partners PLC (NASDAQ:CCEP)

Steward Partners Investment Advisory LLC grew its stake in Coca-Cola Europacific Partners PLC (NASDAQ:CCEPFree Report) by 28.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 3,818 shares of the company’s stock after purchasing an additional 855 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in Coca-Cola Europacific Partners were worth $255,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in CCEP. J.P. Morgan Private Wealth Advisors LLC acquired a new stake in Coca-Cola Europacific Partners during the 3rd quarter worth $982,000. Janney Montgomery Scott LLC increased its holdings in Coca-Cola Europacific Partners by 16.4% during the 3rd quarter. Janney Montgomery Scott LLC now owns 24,688 shares of the company’s stock worth $1,543,000 after purchasing an additional 3,478 shares in the last quarter. Vanguard Personalized Indexing Management LLC increased its holdings in Coca-Cola Europacific Partners by 21.6% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 8,912 shares of the company’s stock worth $557,000 after purchasing an additional 1,584 shares in the last quarter. Pathstone Family Office LLC increased its holdings in Coca-Cola Europacific Partners by 8.8% during the 3rd quarter. Pathstone Family Office LLC now owns 40,182 shares of the company’s stock worth $2,511,000 after purchasing an additional 3,235 shares in the last quarter. Finally, HighTower Advisors LLC increased its holdings in Coca-Cola Europacific Partners by 1.9% during the 3rd quarter. HighTower Advisors LLC now owns 59,735 shares of the company’s stock worth $3,724,000 after purchasing an additional 1,128 shares in the last quarter. Institutional investors and hedge funds own 31.35% of the company’s stock.

Coca-Cola Europacific Partners Stock Performance

Coca-Cola Europacific Partners stock opened at $74.43 on Monday. Coca-Cola Europacific Partners PLC has a 52 week low of $56.28 and a 52 week high of $75.43. The company has a current ratio of 0.91, a quick ratio of 0.72 and a debt-to-equity ratio of 1.27. The stock has a 50-day simple moving average of $71.38 and a 200 day simple moving average of $68.66.

Coca-Cola Europacific Partners Cuts Dividend

The business also recently disclosed a semi-annual dividend, which was paid on Thursday, May 23rd. Shareholders of record on Friday, May 10th were given a dividend of $0.79 per share. The ex-dividend date of this dividend was Thursday, May 9th. This represents a yield of 5.6%.

Analysts Set New Price Targets

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

Check Out 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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