1 day Ago By ABMN Staff
American Century Companies Inc. increased its position in Diageo plc ( NYSE:DEO – Free Report ) by 4.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC).
The firm owned 102,965 shares of the company’s stock after purchasing an additional 4,686 shares during the quarter. American Century Companies Inc.’s holdings in Diageo were worth $13,090,000 at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of DEO. Canoe Financial LP lifted its position in shares of Diageo by 88,407.3% during the 4th quarter.
Canoe Financial LP now owns 8,113,468 shares of the company’s stock worth $1,031,465,000 after buying an additional 8,104,301 shares during the period. Raymond James Financial Inc. bought a new position in shares of Diageo during the fourth quarter valued at $123,892,000.
ABC Arbitrage SA acquired a new stake in shares of Diageo in the 4th quarter valued at $37,777,000. JPMorgan Chase & Co. grew its holdings in shares of Diageo by 25.
9% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,116,994 shares of the company’s stock worth $156,759,000 after purchasing an additional 229,946 shares during the last quarter.
Finally, Proficio Capital Partners LLC increased its position in shares of Diageo by 3,073.4% during the 4th quarter. Proficio Capital Partners LLC now owns 209,510 shares of the company’s stock worth $26,635,000 after purchasing an additional 202,908 shares in the last quarter.
Institutional investors and hedge funds own 8.97% of the company’s stock. Diageo Stock Down 0.
2 % NYSE:DEO opened at $104.58 on Wednesday. The company has a market cap of $58.
18 billion, a price-to-earnings ratio of 15.27, a P/E/G ratio of 2.39 and a beta of 0.
65. The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.
67 and a current ratio of 1.60. The stock’s fifty day moving average price is $110.
97 and its two-hundred day moving average price is $121.45. Diageo plc has a 52-week low of $103.
70 and a 52-week high of $149.24. Diageo Announces Dividend Analyst Upgrades and Downgrades Several analysts have weighed in on the stock.
UBS Group raised shares of Diageo from a “sell” rating to a “buy” rating in a research note on Wednesday, December 11th. Deutsche Bank Aktiengesellschaft raised Diageo from a “sell” rating to a “hold” rating in a report on Monday, March 3rd. TD Cowen boosted their price objective on Diageo from $124.
00 to $129.00 and gave the stock a “hold” rating in a research note on Wednesday, January 8th. Finally, Jefferies Financial Group upgraded Diageo from a “hold” rating to a “buy” rating in a research note on Thursday, December 5th.
One research analyst has rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $129.
00. Get Our Latest Analysis on Diageo About Diageo ( Free Report ) Diageo plc, together with its subsidiaries, engages in the production, marketing, and sale of alcoholic beverages. The company offers scotch, gin, vodka, rum, raki, liqueur, wine, tequila, Chinese white spirits, cachaça, and brandy, as well as beer, including cider and flavored malt beverages.
It also provides Chinese, Canadian, Irish, American, and Indian-Made Foreign Liquor whiskies, as well as flavored malt beverages, ready to drink, and non-alcoholic products. Recommended Stories Want to see what other hedge funds are holding DEO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Diageo plc ( NYSE:DEO – Free Report ).
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