Signaturefd LLC Has $387,000 Holdings in Coca-Cola Europacific Partners PLC (NASDAQ:CCEP)

Signaturefd LLC trimmed its holdings in Coca-Cola Europacific Partners PLC (NASDAQ:CCEP) by 18.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,797 shares of the company’s stock after selling 1,309 shares during the period. Signaturefd LLC’s holdings in Coca-Cola Europacific Partners were worth $387,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Verdence Capital Advisors LLC grew its stake in Coca-Cola Europacific Partners by 2.6% in the fourth quarter. Verdence Capital Advisors LLC now owns 8,945 shares of the company’s stock valued at $597,000 after acquiring an additional 230 shares during the period. Federated Hermes Inc. grew its stake in Coca-Cola Europacific Partners by 21.3% in the fourth quarter. Federated Hermes Inc. now owns 447,994 shares of the company’s stock valued at $29,899,000 after acquiring an additional 78,801 shares during the period. Daiwa Securities Group Inc. grew its stake in Coca-Cola Europacific Partners by 56.1% in the fourth quarter. Daiwa Securities Group Inc. now owns 34,140 shares of the company’s stock valued at $2,279,000 after acquiring an additional 12,271 shares during the period. Beverly Hills Private Wealth LLC grew its stake in Coca-Cola Europacific Partners by 9.0% in the fourth quarter. Beverly Hills Private Wealth LLC now owns 16,098 shares of the company’s stock valued at $1,074,000 after acquiring an additional 1,334 shares during the period. Finally, Vontobel Holding Ltd. grew its stake in Coca-Cola Europacific Partners by 1.0% in the fourth quarter. Vontobel Holding Ltd. now owns 33,938 shares of the company’s stock valued at $2,267,000 after acquiring an additional 324 shares during the period. 31.35% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently issued reports on CCEP shares. UBS Group increased their price objective 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 upgraded Coca-Cola Europacific Partners from a “hold” rating to a “buy” rating in a report on Monday, February 26th. BNP Paribas upgraded Coca-Cola Europacific Partners from a “neutral” rating to an “outperform” rating and set a $79.00 price objective for the company in a report on Friday, January 12th. Barclays increased their price objective on Coca-Cola Europacific Partners from $74.00 to $75.00 and gave the stock an “overweight” rating in a report on Tuesday, February 27th. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on Coca-Cola Europacific Partners from $68.00 to $77.00 and gave the stock a “buy” rating in a report on Thursday, March 28th. One investment analyst has rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $74.02.

Coca-Cola Europacific Partners Stock Up 1.8 %

Shares of NASDAQ CCEP opened at $70.94 on Friday. The stock has a 50 day moving average price of $69.54 and a 200 day moving average price of $65.55. Coca-Cola Europacific Partners PLC has a 52 week low of $56.28 and a 52 week high of $72.67. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.91 and a quick ratio of 0.72.

Coca-Cola Europacific Partners (NASDAQ:CCEP) last issued its quarterly earnings results on Friday, February 23rd. The company reported $1.85 EPS for the quarter, meeting the consensus estimate of $1.85. Equities analysts forecast that Coca-Cola Europacific Partners PLC will post 4.18 earnings per share for the current year.

Coca-Cola Europacific Partners Company 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.