1,470 Shares in Diageo plc (NYSE:DEO) Acquired by Savant Capital LLC

Savant Capital LLC bought a new stake in shares of Diageo plc (NYSE:DEO) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 1,470 shares of the company’s stock, valued at approximately $214,000.

A number of other hedge funds also recently modified their holdings of DEO. Clearbridge Investments LLC raised its position in Diageo by 0.4% during the third quarter. Clearbridge Investments LLC now owns 2,384,109 shares of the company’s stock valued at $355,661,000 after buying an additional 10,269 shares during the period. Markel Group Inc. increased its holdings in shares of Diageo by 0.3% in the 4th quarter. Markel Group Inc. now owns 1,354,708 shares of the company’s stock valued at $197,327,000 after purchasing an additional 4,500 shares during the period. Royal Bank of Canada lifted its position in shares of Diageo by 2.4% in the third quarter. Royal Bank of Canada now owns 1,187,543 shares of the company’s stock worth $177,156,000 after purchasing an additional 27,851 shares in the last quarter. HS Management Partners LLC boosted its holdings in shares of Diageo by 16.3% during the fourth quarter. HS Management Partners LLC now owns 706,205 shares of the company’s stock worth $102,866,000 after purchasing an additional 98,819 shares during the period. Finally, Envestnet Asset Management Inc. grew its position in Diageo by 26.6% during the third quarter. Envestnet Asset Management Inc. now owns 659,034 shares of the company’s stock valued at $98,315,000 after purchasing an additional 138,406 shares in the last quarter. Hedge funds and other institutional investors own 8.97% of the company’s stock.

Diageo Trading Up 1.4 %

Shares of NYSE DEO opened at $139.08 on Wednesday. The business has a 50 day simple moving average of $144.39 and a 200 day simple moving average of $145.31. Diageo plc has a 52 week low of $135.63 and a 52 week high of $188.11. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.58 and a quick ratio of 0.65.

Wall Street Analyst Weigh In

Separately, BNP Paribas lowered shares of Diageo from a “neutral” rating to an “underperform” rating in a research note on Friday, January 12th. Three research 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 price target of $3,797.50.

About Diageo

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.