185 Shares in Diageo plc (NYSE:DEO) Acquired by Planned Solutions Inc.

Planned Solutions Inc. purchased a new position in shares of Diageo plc (NYSE:DEOFree Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 185 shares of the company’s stock, valued at approximately $27,000.

A number of other large investors also recently modified their holdings of DEO. The Manufacturers Life Insurance Company increased its holdings in Diageo by 0.4% in the fourth quarter. The Manufacturers Life Insurance Company now owns 13,580 shares of the company’s stock valued at $2,420,000 after buying an additional 58 shares during the last quarter. Bradley Foster & Sargent Inc. CT boosted its position in shares of Diageo by 1.4% during the 4th quarter. Bradley Foster & Sargent Inc. CT now owns 4,220 shares of the company’s stock worth $752,000 after acquiring an additional 60 shares in the last quarter. Mirador Capital Partners LP increased its holdings in shares of Diageo by 2.9% in the 2nd quarter. Mirador Capital Partners LP now owns 2,199 shares of the company’s stock valued at $381,000 after acquiring an additional 62 shares during the last quarter. Parkside Financial Bank & Trust raised its position in shares of Diageo by 4.2% during the 2nd quarter. Parkside Financial Bank & Trust now owns 1,558 shares of the company’s stock worth $270,000 after acquiring an additional 63 shares in the last quarter. Finally, Linscomb & Williams Inc. lifted its stake in Diageo by 5.3% during the fourth quarter. Linscomb & Williams Inc. now owns 1,298 shares of the company’s stock worth $231,000 after purchasing an additional 65 shares during the last quarter. 8.97% of the stock is owned by hedge funds and other institutional investors.

Diageo Price Performance

NYSE DEO opened at $148.74 on Friday. The firm’s fifty day moving average is $147.40 and its two-hundred day moving average is $147.84. Diageo plc has a one year low of $135.63 and a one year high of $190.02. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.65 and a current ratio of 1.58.

Diageo Cuts Dividend

The business also recently declared a semi-annual dividend, which will be paid on Wednesday, April 17th. Investors of record on Friday, March 1st will be given a $1.62 dividend. This represents a yield of 2.7%. The ex-dividend date is Thursday, February 29th.

Analysts Set New Price Targets

DEO has been the topic of several recent analyst reports. BNP Paribas lowered shares of Diageo from a “neutral” rating to an “underperform” rating in a research note on Friday, January 12th. UBS Group lowered Diageo from a “neutral” rating to a “sell” rating in a report on Tuesday, December 5th. Finally, Argus downgraded Diageo from a “buy” rating to a “hold” rating in a report on Thursday, January 4th. Three analysts have rated the stock with a sell rating and six have assigned a hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $3,778.00.

Get Our Latest Stock Report on Diageo

Diageo Profile

(Free Report)

Diageo plc, together with its subsidiaries, engages in the production, marketing, and sale of alcoholic beverages. It offers scotch, gin, vodka, rum, raki, liqueur, wine, tequila, Chinese white spirits, cachaça, and brandy, as well as beer, including cider and flavoured malt beverages. The company also provides Canadian, Irish, American, and Indian-Made Foreign Liquor whiskies, as well as ready to drink and non-alcoholic products.

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Institutional Ownership by Quarter for Diageo (NYSE:DEO)

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