Coca-Cola Europacific Partners PLC (NASDAQ:CCEP) Stock Holdings Boosted by Harvest Fund Management Co. Ltd

Harvest Fund Management Co. Ltd raised its position in shares of Coca-Cola Europacific Partners PLC (NASDAQ:CCEP) by 3,649.1% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,124 shares of the company’s stock after purchasing an additional 4,014 shares during the quarter. Harvest Fund Management Co. Ltd’s holdings in Coca-Cola Europacific Partners were worth $275,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of CCEP. Global Retirement Partners LLC boosted its stake in shares of Coca-Cola Europacific Partners by 97.5% during the 3rd quarter. Global Retirement Partners LLC now owns 644 shares of the company’s stock worth $39,000 after acquiring an additional 318 shares in the last quarter. Caprock Group LLC boosted its stake in shares of Coca-Cola Europacific Partners by 21.3% during the 3rd quarter. Caprock Group LLC now owns 4,862 shares of the company’s stock worth $304,000 after acquiring an additional 855 shares in the last quarter. Asset Management One Co. Ltd. boosted its stake in shares of Coca-Cola Europacific Partners by 6.3% during the 3rd quarter. Asset Management One Co. Ltd. now owns 83,938 shares of the company’s stock worth $5,244,000 after acquiring an additional 4,987 shares in the last quarter. WS Portfolio Advisory LLC boosted its stake in shares of Coca-Cola Europacific Partners by 82.0% during the 3rd quarter. WS Portfolio Advisory LLC now owns 198,327 shares of the company’s stock worth $12,391,000 after acquiring an additional 89,383 shares in the last quarter. Finally, Commonwealth Equity Services LLC boosted its stake in shares of Coca-Cola Europacific Partners by 14.0% during the 3rd quarter. Commonwealth Equity Services LLC now owns 35,344 shares of the company’s stock worth $2,208,000 after acquiring an additional 4,328 shares in the last quarter. 31.35% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Argus increased their price objective on Coca-Cola Europacific Partners from $72.00 to $85.00 and gave the stock a “buy” rating in a report on Tuesday, March 19th. Deutsche Bank Aktiengesellschaft raised their target price on Coca-Cola Europacific Partners from $68.00 to $77.00 and gave the company a “buy” rating in a report on Thursday, March 28th. Barclays raised their target price on Coca-Cola Europacific Partners from $74.00 to $75.00 and gave the company an “overweight” rating in a report on Tuesday, February 27th. UBS Group raised their target price on Coca-Cola Europacific Partners from $74.00 to $78.00 and gave the company a “buy” rating in a report on Monday, February 26th. Finally, StockNews.com upgraded Coca-Cola Europacific Partners from a “hold” rating to a “buy” rating in a report on Monday, February 26th. One investment analyst has rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $74.02.

Coca-Cola Europacific Partners Stock Up 1.0 %

Shares of NASDAQ:CCEP opened at $70.39 on Thursday. The stock’s 50-day moving average is $69.46 and its 200-day moving average is $65.52. 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 quick ratio of 0.72, a current ratio of 0.91 and a debt-to-equity ratio of 1.27.

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

About Coca-Cola Europacific Partners

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.