OLD National Bancorp IN Sells 1,053 Shares of Coca-Cola Europacific Partners PLC (NYSE:CCEP)

Posted by on Apr 25th, 2023

OLD National Bancorp IN lowered its stake in shares of Coca-Cola Europacific Partners PLC (NYSE:CCEP – Get Rating) by 10.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,516 shares of the company’s stock after selling 1,053 shares during the period. OLD National Bancorp IN’s holdings in Coca-Cola Europacific Partners were worth $526,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of CCEP. Veriti Management LLC increased its holdings in Coca-Cola Europacific Partners by 13.2% during the third quarter. Veriti Management LLC now owns 4,696 shares of the company’s stock valued at $200,000 after buying an additional 546 shares during the last quarter. Allworth Financial LP increased its position in shares of Coca-Cola Europacific Partners by 459.4% in the third quarter. Allworth Financial LP now owns 3,496 shares of the company’s stock valued at $149,000 after buying an additional 2,871 shares in the last quarter. Macquarie Group Ltd. lifted its stake in Coca-Cola Europacific Partners by 598.0% in the 3rd quarter. Macquarie Group Ltd. now owns 73,979 shares of the company’s stock worth $3,153,000 after purchasing an additional 63,381 shares in the last quarter. BlackRock Inc. lifted its position in Coca-Cola Europacific Partners by 8.8% in the third quarter. BlackRock Inc. now owns 14,226,512 shares of the company’s stock valued at $606,333,000 after buying an additional 1,152,207 shares during the last quarter. Finally, AXA S.A. lifted its stake in Coca-Cola Europacific Partners by 166.5% in the third quarter. AXA S.A. now owns 362,380 shares of the company’s stock worth $15,445,000 after acquiring an additional 226,400 shares during the last quarter. 28.63% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

CCEP has been the subject of a number of research analyst reports. Argus increased their price target on shares of Coca-Cola Europacific Partners from $60.00 to $62.00 in a report on Thursday, March 16th. Barclays raised their target price on Coca-Cola Europacific Partners from $67.00 to $73.00 and gave the company an “overweight” rating in a research note on Friday, April 14th. Deutsche Bank Aktiengesellschaft raised their price target on Coca-Cola Europacific Partners from $63.00 to $66.00 in a research note on Thursday, January 5th. Finally, StockNews.com downgraded Coca-Cola Europacific Partners from a “strong-buy” rating to a “buy” rating in a research report on Tuesday. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $62.64.

Coca-Cola Europacific Partners Stock Up 0.7 %

CCEP stock opened at $62.20 on Tuesday. The stock has a 50-day moving average price of $57.19 and a 200-day moving average price of $53.98. Coca-Cola Europacific Partners PLC has a 1-year low of $41.80 and a 1-year high of $62.44. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.89 and a quick ratio of 0.71.

Coca-Cola Europacific Partners Company Profile

(Get Rating)

Coca-Cola Europacific Partners plc engages in the distribution and sale of non-alcoholic ready to drink beverages. It operates through the following geographical segments: Iberia, Germany, Great Britain, France, Belgium/Luxembourg, Netherlands, Norway, Sweden, and Iceland. The company was founded on August 4, 2015 and is headquartered in Uxbridge, the United Kingdom.

Featured Articles

Want to see what other hedge funds are holding CCEP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Coca-Cola Europacific Partners PLC (NYSE:CCEP – Get Rating).

Institutional Ownership by Quarter for Coca-Cola Europacific Partners (NYSE:CCEP)

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.