5,801 Shares in Coca-Cola Europacific Partners PLC (NASDAQ:CCEP) Purchased by New Age Alpha Advisors LLC

New Age Alpha Advisors LLC purchased a new stake in Coca-Cola Europacific Partners PLC (NASDAQ:CCEP - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 5,801 shares of the company's stock, valued at approximately $446,000.

Other hedge funds have also recently bought and sold shares of the company. Cibc World Markets Corp increased its holdings in Coca-Cola Europacific Partners by 1.4% during the 4th quarter. Cibc World Markets Corp now owns 10,200 shares of the company's stock valued at $783,000 after purchasing an additional 139 shares in the last quarter. TIAA Trust National Association raised its holdings in shares of Coca-Cola Europacific Partners by 4.4% in the fourth quarter. TIAA Trust National Association now owns 3,420 shares of the company's stock valued at $263,000 after buying an additional 145 shares during the last quarter. Moody Lynn & Lieberson LLC lifted its position in Coca-Cola Europacific Partners by 5.0% during the 4th quarter. Moody Lynn & Lieberson LLC now owns 3,149 shares of the company's stock worth $242,000 after buying an additional 150 shares in the last quarter. Blue Trust Inc. grew its holdings in Coca-Cola Europacific Partners by 16.2% during the 4th quarter. Blue Trust Inc. now owns 1,189 shares of the company's stock worth $94,000 after acquiring an additional 166 shares during the last quarter. Finally, Vestmark Advisory Solutions Inc. increased its position in Coca-Cola Europacific Partners by 4.7% in the 4th quarter. Vestmark Advisory Solutions Inc. now owns 3,855 shares of the company's stock valued at $296,000 after acquiring an additional 172 shares in the last quarter. 31.35% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

CCEP has been the topic of several research analyst reports. Barclays increased their price target on shares of Coca-Cola Europacific Partners from $98.00 to $99.00 and gave the company an "overweight" rating in a research note on Thursday, March 27th. Evercore ISI boosted their target price on Coca-Cola Europacific Partners from $82.00 to $90.00 and gave the stock an "outperform" rating in a research report on Tuesday, February 18th. UBS Group lifted their price objective on Coca-Cola Europacific Partners from $82.50 to $90.00 and gave the stock a "buy" rating in a research report on Thursday, December 12th. 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. Finally, Kepler Capital Markets downgraded shares of Coca-Cola Europacific Partners from a "hold" rating to a "reduce" rating in a research note on Tuesday, February 25th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $87.00.

Coca-Cola Europacific Partners Stock Down 6.6 %

NASDAQ CCEP traded down $5.89 on Friday, hitting $83.93. 3,856,729 shares of the company were exchanged, compared to its average volume of 1,633,884. Coca-Cola Europacific Partners PLC has a 12 month low of $65.94 and a 12 month high of $91.29. The company has a current ratio of 0.81, a quick ratio of 0.63 and a debt-to-equity ratio of 1.11. The company has a market cap of $38.69 billion, a PE ratio of 17.27, a PEG ratio of 4.89 and a beta of 0.73. The stock has a fifty day moving average of $83.77 and a 200-day moving average of $79.53.

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.