Sienna Gestion Has $336,000 Stock Holdings in Coca-Cola Europacific Partners PLC (NASDAQ:CCEP)

Sienna Gestion lowered its stake in shares of Coca-Cola Europacific Partners PLC (NASDAQ:CCEPFree Report) by 97.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 4,323 shares of the company’s stock after selling 151,984 shares during the quarter. Sienna Gestion’s holdings in Coca-Cola Europacific Partners were worth $336,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in CCEP. Aigen Investment Management LP purchased a new stake in shares of Coca-Cola Europacific Partners in the third quarter valued at about $268,000. MQS Management LLC bought a new position in Coca-Cola Europacific Partners in the 3rd quarter worth about $225,000. Oppenheimer Asset Management Inc. grew its stake in Coca-Cola Europacific Partners by 2.4% during the third quarter. Oppenheimer Asset Management Inc. now owns 76,347 shares of the company’s stock valued at $6,012,000 after acquiring an additional 1,770 shares in the last quarter. Oppenheimer & Co. Inc. lifted its stake in Coca-Cola Europacific Partners by 15.5% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 4,317 shares of the company’s stock worth $340,000 after purchasing an additional 579 shares in the last quarter. Finally, Plato Investment Management Ltd purchased a new position in shares of Coca-Cola Europacific Partners during the 3rd quarter valued at $50,000. Institutional investors own 31.35% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on CCEP. Barclays increased their price objective on Coca-Cola Europacific Partners from $92.00 to $98.00 and gave the stock an “overweight” rating in a research report on Thursday, March 6th. Sanford C. Bernstein initiated coverage on Coca-Cola Europacific Partners in a research report on Tuesday, December 3rd. They set a “market perform” rating and a $82.00 price target for the company. JPMorgan Chase & Co. cut shares of Coca-Cola Europacific Partners from an “overweight” rating to a “neutral” rating and decreased their price objective for the stock from $85.00 to $82.00 in a research report on Wednesday, November 27th. Evercore ISI lifted their target price on shares of Coca-Cola Europacific Partners from $82.00 to $90.00 and gave the company an “outperform” rating in a research report on Tuesday, February 18th. Finally, Morgan Stanley raised shares of Coca-Cola Europacific Partners from an “equal weight” rating to an “overweight” rating in a report on Monday, December 9th. One research analyst has rated the stock with a sell rating, four have given a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $86.67.

Get Our Latest Stock Analysis on CCEP

Coca-Cola Europacific Partners Stock Down 0.8 %

Shares of NASDAQ CCEP opened at $82.28 on Friday. The company has a market cap of $37.93 billion, a price-to-earnings ratio of 16.93, a PEG 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 firm’s fifty day moving average is $80.66 and its 200 day moving average is $78.98. Coca-Cola Europacific Partners PLC has a 52 week low of $65.94 and a 52 week high of $88.39.

About Coca-Cola Europacific Partners

(Free Report)

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.

Further Reading

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 (NASDAQ:CCEPFree Report).

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

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