Mount Yale Investment Advisors LLC Sells 1,448 Shares of Coca-Cola Europacific Partners PLC (NASDAQ:CCEP)

Mount Yale Investment Advisors LLC cut its stake in Coca-Cola Europacific Partners PLC (NASDAQ:CCEP) by 6.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 19,555 shares of the company’s stock after selling 1,448 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in Coca-Cola Europacific Partners were worth $1,368,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of CCEP. NBC Securities Inc. lifted its position in shares of Coca-Cola Europacific Partners by 12.9% during the fourth quarter. NBC Securities Inc. now owns 1,326 shares of the company’s stock valued at $88,000 after purchasing an additional 152 shares in the last quarter. Global Retirement Partners LLC increased its stake in Coca-Cola Europacific Partners by 24.1% in the 4th quarter. Global Retirement Partners LLC now owns 799 shares of the company’s stock valued at $54,000 after buying an additional 155 shares during the last quarter. New York Life Investment Management LLC lifted its position in shares of Coca-Cola Europacific Partners by 4.0% during the 4th quarter. New York Life Investment Management LLC now owns 4,096 shares of the company’s stock worth $273,000 after buying an additional 158 shares in the last quarter. Verdence Capital Advisors LLC boosted its stake in shares of Coca-Cola Europacific Partners by 2.6% in the 4th quarter. Verdence Capital Advisors LLC now owns 8,945 shares of the company’s stock worth $597,000 after buying an additional 230 shares during the last quarter. Finally, Parallel Advisors LLC lifted its holdings in Coca-Cola Europacific Partners by 11.4% during the fourth quarter. Parallel Advisors LLC now owns 2,875 shares of the company’s stock worth $192,000 after acquiring an additional 295 shares during the period. 31.35% of the stock is owned by hedge funds and other institutional investors.

Coca-Cola Europacific Partners Trading Down 0.7 %

NASDAQ CCEP traded down $0.49 during trading hours on Monday, reaching $73.80. 736,909 shares of the stock traded hands, compared to its average volume of 1,387,882. The company has a current ratio of 0.91, a quick ratio of 0.72 and a debt-to-equity ratio of 1.27. The stock has a 50 day simple moving average of $73.61 and a two-hundred day simple moving average of $71.02. Coca-Cola Europacific Partners PLC has a 1 year low of $56.28 and a 1 year high of $76.44.

Analysts Set New Price Targets

CCEP has been the topic of a number of research analyst reports. StockNews.com cut shares of Coca-Cola Europacific Partners from a “buy” rating to a “hold” rating in a research note on Sunday, May 19th. Barclays reduced their target price on Coca-Cola Europacific Partners from $84.00 to $82.00 and set an “overweight” rating for the company in a report on Friday, July 19th. Finally, Bank of America increased their price target on shares of Coca-Cola Europacific Partners from $80.00 to $82.00 and gave the stock a “buy” rating in a report on Wednesday, July 10th. One research analyst has rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $76.80.

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.