Whipplewood Advisors LLC Buys Shares of 676 Coca-Cola Europacific Partners PLC (NASDAQ:CCEP)

Whipplewood Advisors LLC bought a new stake in shares of Coca-Cola Europacific Partners PLC (NASDAQ:CCEP) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 676 shares of the company’s stock, valued at approximately $52,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Janney Capital Management LLC raised its holdings in Coca-Cola Europacific Partners by 4.4% during the 3rd quarter. Janney Capital Management LLC now owns 3,417 shares of the company’s stock valued at $269,000 after acquiring an additional 145 shares during the period. Moody Lynn & Lieberson LLC raised its holdings in Coca-Cola Europacific Partners by 5.0% during the 4th quarter. Moody Lynn & Lieberson LLC now owns 3,149 shares of the company’s stock valued at $242,000 after acquiring an additional 150 shares during the period. Blue Trust Inc. raised its holdings in Coca-Cola Europacific Partners by 16.2% during the 4th quarter. Blue Trust Inc. now owns 1,189 shares of the company’s stock valued at $94,000 after acquiring an additional 166 shares during the period. HighTower Advisors LLC raised its holdings in Coca-Cola Europacific Partners by 0.4% during the 3rd quarter. HighTower Advisors LLC now owns 41,187 shares of the company’s stock valued at $3,242,000 after acquiring an additional 177 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in Coca-Cola Europacific Partners by 0.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 47,496 shares of the company’s stock valued at $3,740,000 after acquiring an additional 177 shares during the period. Institutional investors own 31.35% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on CCEP shares. Kepler Capital Markets cut shares of Coca-Cola Europacific Partners from a “hold” rating to a “reduce” rating in a report on Tuesday. Morgan Stanley upgraded shares of Coca-Cola Europacific Partners from an “equal weight” rating to an “overweight” rating in a research report on Monday, December 9th. Sanford C. Bernstein initiated coverage on shares of 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. lowered shares of Coca-Cola Europacific Partners from an “overweight” rating to a “neutral” rating and reduced their price target for the company from $85.00 to $82.00 in a research report on Wednesday, November 27th. Finally, UBS Group boosted their price target on shares of Coca-Cola Europacific Partners from $82.50 to $90.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $85.00.

Coca-Cola Europacific Partners Stock Up 0.2 %

CCEP opened at $86.26 on Friday. The stock has a market cap of $39.76 billion, a PE ratio of 17.75, a P/E/G 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. Coca-Cola Europacific Partners PLC has a 52 week low of $65.94 and a 52 week high of $88.39. The business’s fifty day simple moving average is $79.35 and its 200 day simple moving average is $78.56.

About Coca-Cola Europacific Partners

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.