Diageo (DEO) Shares Bought by Private Advisor Group LLC

Private Advisor Group LLC lifted its holdings in shares of Diageo (NYSE:DEO) by 4.5% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 14,107 shares of the company’s stock after acquiring an additional 608 shares during the quarter. Private Advisor Group LLC’s holdings in Diageo were worth $1,912,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Eagle Asset Management Inc. boosted its stake in shares of Diageo by 13.3% during the 1st quarter. Eagle Asset Management Inc. now owns 5,006 shares of the company’s stock worth $677,000 after acquiring an additional 589 shares during the period. Cambridge Investment Research Advisors Inc. boosted its stake in shares of Diageo by 163.5% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 40,985 shares of the company’s stock worth $5,550,000 after acquiring an additional 25,429 shares during the period. Usca Ria LLC boosted its stake in shares of Diageo by 77.0% during the 1st quarter. Usca Ria LLC now owns 10,374 shares of the company’s stock worth $1,405,000 after acquiring an additional 4,512 shares during the period. King Luther Capital Management Corp boosted its stake in shares of Diageo by 20.5% during the 1st quarter. King Luther Capital Management Corp now owns 7,603 shares of the company’s stock worth $1,030,000 after acquiring an additional 1,294 shares during the period. Finally, Douglass Winthrop Advisors LLC boosted its stake in shares of Diageo by 4.3% during the 1st quarter. Douglass Winthrop Advisors LLC now owns 316,257 shares of the company’s stock worth $42,828,000 after acquiring an additional 12,918 shares during the period. Institutional investors own 11.69% of the company’s stock.

Several research analysts have recently commented on the company. Zacks Investment Research downgraded Diageo from a “buy” rating to a “hold” rating in a research note on Tuesday, February 6th. ValuEngine downgraded Diageo from a “buy” rating to a “hold” rating in a research note on Monday, May 7th. BNP Paribas cut Diageo from an “outperform” rating to a “neutral” rating in a report on Monday, January 29th. Macquarie raised Diageo from an “underperform” rating to a “neutral” rating in a report on Wednesday, February 7th. Finally, Natixis cut Diageo from a “buy” rating to a “neutral” rating in a report on Wednesday, March 7th. Seven analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Diageo presently has an average rating of “Buy” and a consensus target price of $153.00.

NYSE:DEO opened at $145.72 on Tuesday. The company has a market cap of $90.52 billion, a P/E ratio of 26.40, a PEG ratio of 3.02 and a beta of 0.70. The company has a quick ratio of 0.63, a current ratio of 1.31 and a debt-to-equity ratio of 0.69. Diageo has a 1-year low of $117.73 and a 1-year high of $147.62.

Diageo Company Profile

Diageo plc, together with its subsidiaries, produces, markets, and sells alcoholic beverages worldwide. The company offers a collection of brands across spirits, beer, cider, and wine categories. Its brands include Johnnie Walker, Crown Royal, J&B, Buchanan's and Windsor whiskies, Smirnoff, Cîroc and Ketel One vodkas, Captain Morgan, Baileys, Don Julio, Tanqueray, and Guinness.

Want to see what other hedge funds are holding DEO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Diageo (NYSE:DEO).

Institutional Ownership by Quarter for Diageo (NYSE:DEO)

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.



Leave a Reply