Atlatl Advisers LLC Has $542,000 Position in Coca-Cola Europacific Partners $CCEP

Atlatl Advisers LLC reduced its stake in shares of Coca-Cola Europacific Partners (NASDAQ:CCEP) by 6.6% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 5,849 shares of the company’s stock after selling 415 shares during the quarter. Atlatl Advisers LLC’s holdings in Coca-Cola Europacific Partners were worth $542,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. Private Trust Co. NA raised its position in Coca-Cola Europacific Partners by 6.0% during the first quarter. Private Trust Co. NA now owns 2,022 shares of the company’s stock valued at $176,000 after acquiring an additional 115 shares in the last quarter. BKM Wealth Management LLC raised its position in Coca-Cola Europacific Partners by 1.6% during the first quarter. BKM Wealth Management LLC now owns 7,834 shares of the company’s stock valued at $682,000 after acquiring an additional 124 shares in the last quarter. CWM LLC raised its position in Coca-Cola Europacific Partners by 13.3% during the second quarter. CWM LLC now owns 1,136 shares of the company’s stock valued at $105,000 after acquiring an additional 133 shares in the last quarter. Assetmark Inc. raised its position in Coca-Cola Europacific Partners by 107.3% during the first quarter. Assetmark Inc. now owns 284 shares of the company’s stock valued at $25,000 after acquiring an additional 147 shares in the last quarter. Finally, RWA Wealth Partners LLC raised its position in Coca-Cola Europacific Partners by 0.3% during the first quarter. RWA Wealth Partners LLC now owns 53,905 shares of the company’s stock valued at $4,691,000 after acquiring an additional 149 shares in the last quarter. 31.35% of the stock is currently owned by institutional investors and hedge funds.

Coca-Cola Europacific Partners Trading Up 0.2%

Shares of NASDAQ:CCEP opened at $91.45 on Friday. Coca-Cola Europacific Partners has a 52 week low of $73.40 and a 52 week high of $100.67. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.65 and a current ratio of 0.83. The company’s fifty day moving average is $89.41 and its 200-day moving average is $91.18.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Morgan Stanley lowered shares of Coca-Cola Europacific Partners from an “overweight” rating to an “equal weight” rating in a research report on Thursday, August 7th. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of Coca-Cola Europacific Partners in a research report on Wednesday, October 8th. UBS Group raised their price objective on shares of Coca-Cola Europacific Partners from $100.00 to $105.00 and gave the company a “buy” rating in a research report on Wednesday, July 2nd. Barclays dropped their price target on shares of Coca-Cola Europacific Partners from $104.00 to $103.00 and set an “overweight” rating on the stock in a research report on Friday, August 8th. Finally, Wall Street Zen lowered shares of Coca-Cola Europacific Partners from a “buy” rating to a “hold” rating in a research report on Saturday, July 5th. Five research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $92.40.

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.