The most recent disclosure that Cullen Capital Management LLC has made with the Securities and Exchange Commission indicates that the investment firm initiated a new position in Coca-Cola Europacific Partners PLC (NYSE: CCEP) during the third quarter.
This information was provided to the SEC.
The investment fund purchased 25,282 shares of the company’s stock at approximately $1,078,000.
In addition, other significant investors have engaged in purchasing and selling individual shares of the company’s stock. Naples Global Advisors LLC increased the proportion of Coca-Cola European Partners holdings by 1.6% during the second quarter. Naples Global Advisors LLC acquired 200 shares of the company’s stock throughout the relevant period.
This brings the total number of shares they own in the company to 12,325, which has a value of $636,000.
During the second quarter, Whittier Trust Co of Nevada INC increased the proportion of Coca-Cola European Partners ownership by 33.3%.
After purchasing an additional 223 shares during the relevant period, The Whittier Trust Co of Nevada INC now holds 892 shares of the company’s stock, with a combined value of $46,000.
These shares were acquired during the period in question.
During the second quarter, Vestmark Advisory Solutions INC brought the total amount of Coca-Cola European Partners stock it owned to 3.3% higher than before.
After making an additional 254 stock purchases during the period, Vestmark Advisory Solutions INC now has 8,060 shares of the company’s stock in its possession.
Based on their current market price, the total value of these shares comes to $416,000 right now.
During the second quarter, NewEdge Wealth LLC added 3.5% to the proportion of Coca-Cola European Partners stock that it owned.
During the quarter, NewEdge Wealth LLC was able to purchase an additional 270 shares of the company’s stock, bringing its total number of shares held in the company to 8,076, each of which has a value of $417,000.
As a result, the total number of shares in the company that it possesses now amounts to 8,270.
The last but certainly not the least bit of news is that during the first quarter, PNC Financial Services Group INC increased its holdings in Coca-Cola European Partners by 2%.
This is not to be considered the least bit of news.
PNC Financial Services Group INC has increased its ownership of the company by a total of 277 shares, bringing the total number of shares it owns to 14,173, with a value of $690,000.
To the tune of 28.63% of the company’s shares, hedge funds, and other institutional investors are the owners of those shares.
The most recent reports on the CCEP that have been published by various research organizations The price target that Deutsche Bank Aktiengesellschaft has set for Coca-Cola European Partners has increased from $60.00 to $66.00, as stated in a research note that was published on January 5.
In a research report that was made public on November 8, Barclays downgraded Coca-Cola European Partners from an “overweight” rating to a “neutral” rating.
They lowered their price objective for the stock from $62.00 to $61.00.
The topic of the research note was Coca-Cola European Partners. JPMorgan Chase & Co increased their price target on Coca-Cola European Partners in a research note published on Thursday, December 1, to €66.50 ($71.51), equivalent to $71.51.
In addition to that, they assigned an “overweight” rating to the stock. Coca-Cola European Partners was moved from a “strong buy” recommendation to a “buy” rating in a research report published on Wednesday by StockNews.com.
The report was made available to the public.
The final and most significant adjustment was made here.
Eight equity research analysts think that the stock should be bought; one thinks that the stock should be held, and one thinks that the stock should be sold.
It has been reported by Bloomberg.com that the current average rating for Coca-Cola European Partners is “Moderate Buy” and that the community of users on the website has set a price objective of $60.04 for the stock.
Coca-Cola European Partners’ common stock was introduced to the market on Friday for $55.04 per share.
Trading began.
There is a ratio of 0.94 between the company’s current and liabilities, 0.75 between the company’s quick assets and liabilities, and 1.42 between the company’s debt and equity. Within the past year, Coca-Cola Europacific Partners PLC experienced both its all-time low of $41.80 and its all-time high of $59.72.
The company’s simple moving average over the past 50 days is $55.15, and the simple moving average over the past 200 days is $51.30.
Coca-Cola Europe Partners plc is in the business of selling and distributing ready-to-drink versions of nonalcoholic beverages.
This is the company’s primary line of business.
In addition to other regions, it is active in Iberia, Germany, the United Kingdom, France, Belgium/Luxembourg, the Netherlands, Norway, Sweden, and Iceland.
The date of the company’s founding, August 4, 2015, also serves as its headquarters in Uxbridge, which is in England.
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