Cozad Asset Management Inc. Sells 190 Shares of Coca-Cola Europacific Partners PLC (NASDAQ:CCEP)

Cozad Asset Management Inc. cut its stake in Coca-Cola Europacific Partners PLC (NASDAQ:CCEP) by 3.4% in the fourth quarter, HoldingsChannel reports. The fund owned 5,422 shares of the company’s stock after selling 190 shares during the period. Cozad Asset Management Inc.’s holdings in Coca-Cola Europacific Partners were worth $416,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Signaturefd LLC raised its stake in shares of Coca-Cola Europacific Partners by 6.2% in the fourth quarter. Signaturefd LLC now owns 6,349 shares of the company’s stock worth $488,000 after acquiring an additional 372 shares during the last quarter. Cibc World Markets Corp raised its stake in shares of Coca-Cola Europacific Partners by 1.4% in the fourth quarter. Cibc World Markets Corp now owns 10,200 shares of the company’s stock worth $783,000 after acquiring an additional 139 shares during the last quarter. Corient Private Wealth LLC raised its stake in shares of Coca-Cola Europacific Partners by 37.8% in the fourth quarter. Corient Private Wealth LLC now owns 4,413 shares of the company’s stock worth $339,000 after acquiring an additional 1,211 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its stake in shares of Coca-Cola Europacific Partners by 1.6% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 10,936 shares of the company’s stock worth $840,000 after acquiring an additional 174 shares during the last quarter. Finally, Catalyst Funds Management Pty Ltd bought a new stake in shares of Coca-Cola Europacific Partners during the fourth quarter worth approximately $12,075,000. 31.35% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

CCEP has been the subject of a number of recent research reports. Evercore ISI boosted their price target on shares of Coca-Cola Europacific Partners from $82.00 to $90.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 18th. UBS Group boosted their price target on shares of Coca-Cola Europacific Partners from $82.50 to $90.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. Barclays boosted their price target 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. JPMorgan Chase & Co. downgraded shares of Coca-Cola Europacific Partners from an “overweight” rating to a “neutral” rating and dropped their price target for the stock from $85.00 to $82.00 in a research note on Wednesday, November 27th. Finally, Morgan Stanley raised shares of Coca-Cola Europacific Partners from an “equal weight” rating to an “overweight” rating in a research note on Monday, December 9th. One analyst has rated the stock with a sell rating, four have given a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Coca-Cola Europacific Partners currently has an average rating of “Moderate Buy” and a consensus target price of $86.67.

Coca-Cola Europacific Partners Stock Up 1.0 %

Coca-Cola Europacific Partners stock opened at $85.59 on Wednesday. The stock has a market capitalization of $39.45 billion, a PE ratio of 17.61, a price-to-earnings-growth ratio of 4.89 and a beta of 0.91. 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 moving average of $81.19 and a 200-day moving average of $79.07.

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.