Fulton Breakefield Broenniman LLC increased its position in shares of Diageo plc (NYSE:DEO) by 6.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,432 shares of the company’s stock after acquiring an additional 200 shares during the quarter. Fulton Breakefield Broenniman LLC’s holdings in Diageo were worth $578,000 as of its most recent SEC filing.
Several other hedge funds have also modified their holdings of DEO. Winslow Evans & Crocker Inc. lifted its holdings in shares of Diageo by 0.8% in the 4th quarter. Winslow Evans & Crocker Inc. now owns 13,288 shares of the company’s stock valued at $2,240,000 after buying an additional 102 shares during the period. Atlantic Union Bankshares Corp lifted its holdings in Diageo by 1.6% in the fourth quarter. Atlantic Union Bankshares Corp now owns 17,998 shares of the company’s stock valued at $3,031,000 after acquiring an additional 288 shares during the period. Sky Investment Group LLC boosted its position in Diageo by 0.4% in the 4th quarter. Sky Investment Group LLC now owns 28,760 shares of the company’s stock worth $4,844,000 after purchasing an additional 115 shares in the last quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO boosted its position in Diageo by 11.6% in the 4th quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 7,689 shares of the company’s stock worth $1,295,000 after purchasing an additional 800 shares in the last quarter. Finally, Stony Point Wealth Management Inc. boosted its position in Diageo by 2.2% in the 4th quarter. Stony Point Wealth Management Inc. now owns 9,583 shares of the company’s stock worth $1,614,000 after purchasing an additional 204 shares in the last quarter. 9.11% of the stock is currently owned by institutional investors and hedge funds.
NYSE DEO traded up $0.22 on Tuesday, hitting $168.15. The company had a trading volume of 311,500 shares, compared to its average volume of 357,400. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.34 and a quick ratio of 0.56. The company’s fifty day moving average price is $165.39 and its 200-day moving average price is $165.36. The company has a market capitalization of $109.24 billion, a PE ratio of 24.91, a PEG ratio of 3.06 and a beta of 0.43. Diageo plc has a 12-month low of $139.55 and a 12-month high of $176.22.
Several research firms have recently weighed in on DEO. Zacks Investment Research raised shares of Diageo from a “sell” rating to a “hold” rating and set a $171.00 target price for the company in a report on Monday, November 4th. Morgan Stanley reaffirmed an “overweight” rating on shares of Diageo in a report on Thursday, October 24th. ValuEngine lowered shares of Diageo from a “hold” rating to a “sell” rating in a research note on Friday. Finally, Royal Bank of Canada upgraded Diageo from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, December 3rd. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the company’s stock. Diageo has a consensus rating of “Hold” and a consensus target price of $171.00.
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, Bundaberg, McDowell's No.
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