Top 5 Stock Picks of Brian Scudieri’s Kehrs Ridge Capital

Page 5 of 5

1. Coca-Cola Europacific Partners PLC (NASDAQ:CCEP)

Kehrs Ridge Capital’s Stake Value: $24,604,000

Percentage of Kehrs Ridge Capital’s 13 Portfolio: 7.94%

Number of Hedge Fund Holders: 31

Coca-Cola Europacific Partners PLC (NASDAQ:CCEP) is the largest holding in Scudieri’s Q3 portfolio, with Kehrs Ridge Capital owning 445,000 shares in Coca-Cola Europacific Partners PLC (NASDAQ:CCEP), worth $24.6 million, representing 7.94% of the firm’s investments as of September this year. Coca-Cola Europacific Partners PLC (NASDAQ:CCEP) is a British multinational bottling company that produces and distributes The Coca-Cola Company (NYSE:KO)’s products, as well as other beverages including Capri-Sun, Relentless, and Monster. 

FY21 dividend per share of €1.40 was declared by Coca-Cola Europacific Partners PLC (NASDAQ:CCEP) on November 9, which was up 64.5% when compared to last year, maintaining an annualized dividend payout ratio of approximately 50%.

Credit Suisse analyst Sanjeet Aujla, on November 10, lowered the price target on Coca-Cola Europacific Partners PLC (NASDAQ:CCEP) from EUR 63 to EUR 59 and kept an Outperform rating on the shares.

As of the second quarter of 2021, 31 hedge funds reported owning stakes in Coca-Cola Europacific Partners PLC (NASDAQ:CCEP), up from 25 in the preceding quarter. 

You can also take a look at 12 Best Warehouse and Self Storage Stocks To Buy and 10 Best Tech Stocks To Buy Now.

Page 5 of 5