M&G Plc boosted its stake in shares of Coca-Cola Europacific Partners PLC (NASDAQ:CCEP – Free Report) by 2.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 250,605 shares of the company’s stock after buying an additional 6,300 shares during the quarter. M&G Plc’s holdings in Coca-Cola Europacific Partners were worth $18,294,000 as of its most recent SEC filing.
Other institutional investors have also made changes to their positions in the company. FIL Ltd increased its holdings in Coca-Cola Europacific Partners by 9.6% in the 4th quarter. FIL Ltd now owns 3,629,675 shares of the company’s stock valued at $242,245,000 after purchasing an additional 317,936 shares during the last quarter. Point72 Asset Management L.P. grew its stake in shares of Coca-Cola Europacific Partners by 89.3% in the fourth quarter. Point72 Asset Management L.P. now owns 2,156,056 shares of the company’s stock valued at $143,895,000 after buying an additional 1,017,278 shares in the last quarter. Fiduciary Management Inc. WI raised its holdings in shares of Coca-Cola Europacific Partners by 25.8% in the 4th quarter. Fiduciary Management Inc. WI now owns 1,785,320 shares of the company’s stock valued at $119,152,000 after buying an additional 365,820 shares during the period. LSV Asset Management grew its position in Coca-Cola Europacific Partners by 1.6% in the 4th quarter. LSV Asset Management now owns 1,367,801 shares of the company’s stock valued at $91,287,000 after acquiring an additional 21,495 shares in the last quarter. Finally, Wells Fargo & Company MN increased its stake in Coca-Cola Europacific Partners by 1.2% during the fourth quarter. Wells Fargo & Company MN now owns 1,066,631 shares of the company’s stock worth $71,187,000 after purchasing an additional 12,679 shares during the period. 31.35% of the stock is currently owned by institutional investors and hedge funds.
Coca-Cola Europacific Partners Stock Performance
Shares of CCEP stock opened at $75.08 on Wednesday. The company has a market cap of $34.30 billion, a P/E ratio of 16.22, a PEG ratio of 3.45 and a beta of 0.89. The firm has a fifty day moving average price of $73.77 and a 200 day moving average price of $71.57. The company has a current ratio of 0.91, a quick ratio of 0.72 and a debt-to-equity ratio of 1.27. Coca-Cola Europacific Partners PLC has a 12 month low of $56.28 and a 12 month high of $76.44.
Analysts Set New Price Targets
Check Out Our Latest Report on CCEP
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.
Recommended Stories
- Five stocks we like better than Coca-Cola Europacific Partners
- What is a Dividend King?
- Chipotle Mexican Grill: Take a Bite of This Smoking Hot Deal
- Why Are These Companies Considered Blue Chips?
- Why O’Reilly Automotive Stock Could Be a Long-Term Winner
- 3 Grocery Stocks That Can Help Take a Bite Out of Inflation
- Hut 8 Corp.’s Earnings: Is Crypto Mining About to Change?
Receive News & Ratings for Coca-Cola Europacific Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Coca-Cola Europacific Partners and related companies with MarketBeat.com's FREE daily email newsletter.