GHP Investment Advisors Inc. Takes $205,000 Position in Diageo (NYSE:DEO)

GHP Investment Advisors Inc. bought a new stake in Diageo (NYSE:DEO) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 1,407 shares of the company’s stock, valued at approximately $205,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. Raymond James & Associates increased its stake in Diageo by 1.9% in the fourth quarter. Raymond James & Associates now owns 367,490 shares of the company’s stock valued at $53,665,000 after purchasing an additional 6,948 shares during the last quarter. HPM Partners LLC increased its stake in Diageo by 24.4% in the fourth quarter. HPM Partners LLC now owns 7,637 shares of the company’s stock valued at $1,115,000 after purchasing an additional 1,500 shares during the last quarter. Guggenheim Capital LLC increased its stake in Diageo by 13.7% in the fourth quarter. Guggenheim Capital LLC now owns 49,112 shares of the company’s stock valued at $7,171,000 after purchasing an additional 5,903 shares during the last quarter. Deutsche Bank AG increased its stake in Diageo by 88.9% in the fourth quarter. Deutsche Bank AG now owns 360,915 shares of the company’s stock valued at $52,703,000 after purchasing an additional 169,832 shares during the last quarter. Finally, Saybrook Capital NC increased its stake in Diageo by 2.0% in the fourth quarter. Saybrook Capital NC now owns 51,988 shares of the company’s stock valued at $7,592,000 after purchasing an additional 1,025 shares during the last quarter. Hedge funds and other institutional investors own 11.86% of the company’s stock.

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Several equities analysts recently commented on DEO shares. Zacks Investment Research lowered Diageo from a “buy” rating to a “hold” rating in a research note on Wednesday, January 3rd. BNP Paribas lowered Diageo from an “outperform” rating to a “neutral” rating in a research note on Monday, January 29th. Royal Bank of Canada lowered Diageo from an “outperform” rating to a “sector perform” rating in a research note on Monday, January 29th. They noted that the move was a valuation call. Finally, Macquarie upgraded Diageo from an “underperform” rating to a “neutral” rating in a research note on Wednesday, February 7th. Seven investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Diageo currently has a consensus rating of “Hold” and a consensus target price of $153.00.

Shares of NYSE:DEO opened at $139.17 on Friday. The stock has a market cap of $85,751.02, a price-to-earnings ratio of 25.21, a PEG ratio of 2.86 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 12 month low of $113.67 and a 12 month high of $147.62.

The company also recently declared a semiannual dividend, which will be paid on Wednesday, April 11th. Shareholders of record on Friday, February 23rd will be paid a dividend of $1.4232 per share. The ex-dividend date is Thursday, February 22nd. This represents a yield of 1.96%. Diageo’s dividend payout ratio is presently 62.14%.

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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.

Institutional Ownership by Quarter for Diageo (NYSE:DEO)

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