SYSTM Wealth Solutions LLC Has $164,000 Position in Coca-Cola Europacific Partners PLC (NASDAQ:CCEP)

SYSTM Wealth Solutions LLC lowered its stake in shares of Coca-Cola Europacific Partners PLC (NASDAQ:CCEP) by 77.3% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,245 shares of the company’s stock after selling 7,659 shares during the quarter. SYSTM Wealth Solutions LLC’s holdings in Coca-Cola Europacific Partners were worth $164,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Signaturefd LLC increased its holdings in shares of Coca-Cola Europacific Partners by 2.6% during the 2nd quarter. Signaturefd LLC now owns 5,735 shares of the company’s stock worth $418,000 after purchasing an additional 147 shares during the period. Waverly Advisors LLC increased its stake in Coca-Cola Europacific Partners by 1.0% during the first quarter. Waverly Advisors LLC now owns 14,856 shares of the company’s stock valued at $1,039,000 after acquiring an additional 151 shares during the period. Wealth Enhancement Advisory Services LLC raised its holdings in Coca-Cola Europacific Partners by 0.4% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 46,994 shares of the company’s stock valued at $3,424,000 after acquiring an additional 186 shares in the last quarter. Genesee Capital Advisors LLC lifted its position in shares of Coca-Cola Europacific Partners by 1.9% in the 2nd quarter. Genesee Capital Advisors LLC now owns 11,891 shares of the company’s stock worth $867,000 after acquiring an additional 217 shares during the period. Finally, V Square Quantitative Management LLC grew its holdings in shares of Coca-Cola Europacific Partners by 4.0% during the 2nd quarter. V Square Quantitative Management LLC now owns 7,038 shares of the company’s stock worth $512,000 after purchasing an additional 268 shares in the last quarter. Institutional investors and hedge funds own 31.35% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on CCEP shares. Deutsche Bank Aktiengesellschaft upped their target price on Coca-Cola Europacific Partners from $78.00 to $90.00 and gave the company a “buy” rating in a research note on Monday, September 9th. BNP Paribas lowered shares of 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 report on Tuesday, September 10th. Barclays lifted their price objective on Coca-Cola Europacific Partners from $82.00 to $85.00 and gave the company an “overweight” rating in a report on Friday, August 9th. Finally, Bank of America increased their target price on Coca-Cola Europacific Partners from $80.00 to $82.00 and gave the stock a “buy” rating in a report on Wednesday, July 10th. Two investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $79.78.

Coca-Cola Europacific Partners Trading Down 0.3 %

CCEP stock opened at $80.79 on Thursday. The business has a fifty day moving average price of $76.73 and a 200 day moving average price of $73.58. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.85 and a quick ratio of 0.63. Coca-Cola Europacific Partners PLC has a fifty-two week low of $56.28 and a fifty-two week high of $82.32. The stock has a market capitalization of $36.90 billion, a price-to-earnings ratio of 17.01, a P/E/G ratio of 3.64 and a beta of 0.90.

Coca-Cola Europacific Partners Company 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.