Hantz Financial Services Inc. Sells 226 Shares of Coca-Cola Europacific Partners PLC (NASDAQ:CCEP)

Hantz Financial Services Inc. reduced its position in shares of Coca-Cola Europacific Partners PLC (NASDAQ:CCEP) by 1.4% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 16,009 shares of the company’s stock after selling 226 shares during the quarter. Hantz Financial Services Inc.’s holdings in Coca-Cola Europacific Partners were worth $1,261,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. PEAK6 Investments LLC purchased a new position in shares of Coca-Cola Europacific Partners in the third quarter valued at about $234,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Coca-Cola Europacific Partners by 307.3% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,437,895 shares of the company’s stock valued at $191,984,000 after purchasing an additional 1,839,321 shares during the last quarter. Fiduciary Trust Co lifted its holdings in Coca-Cola Europacific Partners by 7.6% in the 3rd quarter. Fiduciary Trust Co now owns 5,345 shares of the company’s stock worth $421,000 after buying an additional 377 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Coca-Cola Europacific Partners by 23.8% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 196,445 shares of the company’s stock worth $15,470,000 after buying an additional 37,706 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund increased its stake in shares of Coca-Cola Europacific Partners by 13.2% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 275,294 shares of the company’s stock valued at $21,679,000 after buying an additional 32,138 shares during the period. Hedge funds and other institutional investors own 31.35% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently commented on the company. BNP Paribas lowered Coca-Cola Europacific Partners from an “outperform” rating to a “neutral” rating and set a $81.00 price target for the company. in a research note on Tuesday, September 10th. JPMorgan Chase & Co. cut shares of Coca-Cola Europacific Partners from an “overweight” rating to a “neutral” rating and dropped their target price for the stock from $85.00 to $82.00 in a research report on Wednesday, November 27th. Evercore ISI boosted their price target on shares of Coca-Cola Europacific Partners from $78.00 to $82.00 and gave the company an “outperform” rating in a research report on Wednesday, November 6th. Barclays lifted their price target on Coca-Cola Europacific Partners from $84.00 to $86.00 and gave the company an “overweight” rating in a research report on Thursday, November 7th. Finally, Deutsche Bank Aktiengesellschaft upped their price target on Coca-Cola Europacific Partners from $78.00 to $90.00 and gave the stock a “buy” rating in a research note on Monday, September 9th. Three analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Coca-Cola Europacific Partners currently has a consensus rating of “Moderate Buy” and a consensus target price of $81.78.

Coca-Cola Europacific Partners Price Performance

NASDAQ CCEP opened at $77.58 on Monday. Coca-Cola Europacific Partners PLC has a 12 month low of $59.31 and a 12 month high of $82.32. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.85 and a quick ratio of 0.63. The stock’s fifty day moving average price is $77.52 and its 200-day moving average price is $76.22.

Coca-Cola Europacific Partners Increases Dividend

The company also recently disclosed a semi-annual dividend, which will be paid on Tuesday, December 3rd. Shareholders of record on Friday, November 15th will be paid a dividend of $1.34 per share. This is a positive change from Coca-Cola Europacific Partners’s previous semi-annual dividend of $0.79. This represents a yield of 2.6%. The ex-dividend date of this dividend is Friday, November 15th.

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.