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

Cozad Asset Management Inc. reduced its position in shares of Coca-Cola Europacific Partners PLC (NASDAQ:CCEP) by 3.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm 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.

Several other large investors have also modified their holdings of the company. SBI Securities Co. Ltd. bought a new stake in Coca-Cola Europacific Partners in the 4th quarter valued at $27,000. MassMutual Private Wealth & Trust FSB boosted its holdings in Coca-Cola Europacific Partners by 85.3% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 428 shares of the company’s stock valued at $33,000 after purchasing an additional 197 shares during the period. Whipplewood Advisors LLC bought a new stake in Coca-Cola Europacific Partners in the 4th quarter valued at $52,000. Brown Brothers Harriman & Co. boosted its holdings in Coca-Cola Europacific Partners by 1,604.0% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 852 shares of the company’s stock valued at $67,000 after purchasing an additional 802 shares during the period. Finally, Blue Trust Inc. boosted its holdings in Coca-Cola Europacific Partners by 16.2% in the 4th quarter. Blue Trust Inc. now owns 1,189 shares of the company’s stock valued at $94,000 after purchasing an additional 166 shares during the period. 31.35% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have weighed in on CCEP. Kepler Capital Markets downgraded shares of Coca-Cola Europacific Partners from a “hold” rating to a “reduce” rating in a report on Tuesday, February 25th. UBS Group raised their price objective on shares of Coca-Cola Europacific Partners from $82.50 to $90.00 and gave the stock a “buy” rating in a report on Thursday, December 12th. Evercore ISI raised their price objective on shares of Coca-Cola Europacific Partners from $82.00 to $90.00 and gave the stock an “outperform” rating in a report on Tuesday, February 18th. JPMorgan Chase & Co. downgraded shares of Coca-Cola Europacific Partners from an “overweight” rating to a “neutral” rating and reduced their price objective for the stock from $85.00 to $82.00 in a report on Wednesday, November 27th. Finally, Sanford C. Bernstein began coverage on shares of Coca-Cola Europacific Partners in a report on Tuesday, December 3rd. They set a “market perform” rating and a $82.00 price objective for the company. One research analyst has rated the stock with a sell rating, four have issued a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $86.67.

Coca-Cola Europacific Partners Trading Up 1.0 %

Shares of Coca-Cola Europacific Partners stock opened at $85.59 on Wednesday. The stock has a market capitalization of $39.45 billion, a P/E ratio of 17.61, a price-to-earnings-growth ratio of 4.89 and a beta of 0.91. 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 simple moving average of $81.19 and a 200 day simple moving average of $79.07. Coca-Cola Europacific Partners PLC has a 12-month low of $65.94 and a 12-month high of $88.39.

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.