U.S. Capital Wealth Advisors LLC boosted its stake in shares of Diageo plc (NYSE:DEO – Get Rating) by 4.0% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 39,927 shares of the company’s stock after purchasing an additional 1,545 shares during the period. U.S. Capital Wealth Advisors LLC’s holdings in Diageo were worth $6,780,000 as of its most recent filing with the SEC.
Several other large investors have also recently bought and sold shares of the stock. Wolff Wiese Magana LLC increased its stake in shares of Diageo by 135.5% during the second quarter. Wolff Wiese Magana LLC now owns 146 shares of the company’s stock worth $25,000 after purchasing an additional 84 shares during the period. Pinnacle Holdings LLC bought a new position in shares of Diageo during the first quarter worth approximately $33,000. Heritage Financial Services LLC bought a new position in shares of Diageo during the second quarter worth approximately $34,000. Hexagon Capital Partners LLC increased its stake in shares of Diageo by 206.2% during the second quarter. Hexagon Capital Partners LLC now owns 199 shares of the company’s stock worth $35,000 after purchasing an additional 134 shares during the period. Finally, Bogart Wealth LLC increased its stake in shares of Diageo by 10,000.0% during the second quarter. Bogart Wealth LLC now owns 202 shares of the company’s stock worth $35,000 after purchasing an additional 200 shares during the period. 9.04% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of equities analysts have recently weighed in on the company. StockNews.com assumed coverage on Diageo in a research note on Wednesday, October 12th. They set a “buy” rating on the stock. JPMorgan Chase & Co. raised their price objective on Diageo from GBX 4,350 ($53.00) to GBX 4,500 ($54.82) in a research note on Thursday, December 1st. Morgan Stanley lowered Diageo from an “overweight” rating to an “equal weight” rating in a research note on Friday, January 6th. Barclays lowered their price objective on Diageo from GBX 5,430 ($66.15) to GBX 5,010 ($61.04) in a research note on Tuesday, December 13th. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on Diageo from GBX 3,160 ($38.50) to GBX 2,750 ($33.50) in a research note on Thursday. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $4,113.33.
Diageo Trading Up 0.8 %
Shares of DEO stock traded up $1.47 during trading hours on Friday, reaching $182.08. The company’s stock had a trading volume of 3,539 shares, compared to its average volume of 488,632. The firm’s 50 day simple moving average is $180.23 and its 200-day simple moving average is $177.44. Diageo plc has a fifty-two week low of $160.09 and a fifty-two week high of $212.33. The company has a current ratio of 1.53, a quick ratio of 0.69 and a debt-to-equity ratio of 1.60.
Diageo plc, together with its subsidiaries, produces, markets, and sells alcoholic beverages. The company offers scotch, whisky, gin, vodka, rum, ready to drink products, raki, liqueur, wine, tequila, Canadian whisky, American whiskey, cachaca, and brandy, as well as beer, including cider and non-alcoholic products.
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