3 days Ago By ABMN Staff
Oppenheimer & Co. Inc. grew its position in Diageo plc ( NYSE:DEO – Free Report ) by 26.
1% during the second quarter, Holdings Channel reports. The firm owned 21,474 shares of the company’s stock after acquiring an additional 4,441 shares during the period. Oppenheimer & Co.
Inc.’s holdings in Diageo were worth $2,707,000 as of its most recent filing with the SEC. Other hedge funds have also modified their holdings of the company.
Scarborough Advisors LLC acquired a new position in shares of Diageo in the fourth quarter valued at about $25,000. Triad Wealth Partners LLC acquired a new stake in Diageo during the second quarter worth about $25,000. 1620 Investment Advisors Inc.
acquired a new stake in Diageo during the second quarter worth about $25,000. Concord Wealth Partners acquired a new stake in Diageo during the first quarter worth about $29,000. Finally, Beacon Capital Management LLC grew its holdings in Diageo by 777.
3% during the first quarter. Beacon Capital Management LLC now owns 193 shares of the company’s stock worth $29,000 after acquiring an additional 171 shares during the period. 8.
97% of the stock is owned by institutional investors and hedge funds. Analyst Ratings Changes Several research firms recently commented on DEO. Bank of America raised Diageo from a “neutral” rating to a “buy” rating in a report on Thursday.
Royal Bank of Canada raised Diageo from an “underperform” rating to a “sector perform” rating in a report on Monday, August 12th. The Goldman Sachs Group lowered Diageo from a “neutral” rating to a “sell” rating in a report on Friday, July 12th. Finally, Citigroup upgraded Diageo from a “neutral” rating to a “buy” rating in a research report on Wednesday, July 3rd.
Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold”. Diageo Stock Performance Shares of DEO stock opened at $132.
11 on Monday. The business’s 50 day moving average is $128.86 and its two-hundred day moving average is $135.
86. The company has a current ratio of 1.53, a quick ratio of 0.
55 and a debt-to-equity ratio of 1.62. Diageo plc has a 12-month low of $119.
48 and a 12-month high of $161.64. Diageo Dividend Announcement The firm also recently declared a semi-annual dividend, which will be paid on Thursday, October 17th.
Shareholders of record on Friday, August 30th will be given a dividend of $1.62 per share. The ex-dividend date is Friday, August 30th.
This represents a yield of 3.2%. Diageo Profile ( 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. Featured Articles 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 ). Receive News & Ratings for Diageo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diageo and related companies with MarketBeat.com's FREE daily email newsletter .
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