Diageo plc (NYSE:DEO) Shares Purchased by Captrust Financial Advisors

Captrust Financial Advisors grew its position in shares of Diageo plc (NYSE:DEO) by 3.9% during the third quarter, Holdings Channel reports. The firm owned 37,644 shares of the company’s stock after acquiring an additional 1,409 shares during the quarter. Captrust Financial Advisors’ holdings in Diageo were worth $5,283,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of DEO. Cetera Advisors LLC boosted its stake in shares of Diageo by 167.7% in the first quarter. Cetera Advisors LLC now owns 10,417 shares of the company’s stock valued at $1,549,000 after purchasing an additional 6,525 shares during the period. CWM LLC boosted its position in Diageo by 13.2% in the 2nd quarter. CWM LLC now owns 4,552 shares of the company’s stock valued at $574,000 after buying an additional 530 shares during the period. Lantz Financial LLC grew its stake in shares of Diageo by 24.7% in the second quarter. Lantz Financial LLC now owns 11,704 shares of the company’s stock worth $1,476,000 after acquiring an additional 2,318 shares in the last quarter. Simplicity Wealth LLC increased its position in shares of Diageo by 5.5% during the second quarter. Simplicity Wealth LLC now owns 26,920 shares of the company’s stock worth $3,394,000 after acquiring an additional 1,396 shares during the period. Finally, U.S. Capital Wealth Advisors LLC raised its stake in shares of Diageo by 1.3% in the second quarter. U.S. Capital Wealth Advisors LLC now owns 62,312 shares of the company’s stock valued at $7,856,000 after acquiring an additional 814 shares in the last quarter. 8.97% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms recently commented on DEO. Royal Bank of Canada raised Diageo from an “underperform” rating to a “sector perform” rating in a research note on Monday, August 12th. Bank of America upgraded shares of Diageo from a “neutral” rating to a “buy” rating in a research note on Thursday, September 12th. Three research analysts have rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold”.

Diageo Trading Down 0.6 %

Shares of DEO stock opened at $118.94 on Wednesday. Diageo plc has a 12 month low of $117.72 and a 12 month high of $154.71. The company has a current ratio of 1.53, a quick ratio of 0.55 and a debt-to-equity ratio of 1.62. The firm has a fifty day moving average price of $128.37 and a 200 day moving average price of $129.88.

Diageo Company Profile

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.