Hantz Financial Services Inc. Boosts Holdings in Diageo plc (NYSE:DEO)

Hantz Financial Services Inc. boosted its holdings in shares of Diageo plc (NYSE:DEO - Free Report) by 26.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 39,166 shares of the company's stock after purchasing an additional 8,131 shares during the period. Hantz Financial Services Inc.'s holdings in Diageo were worth $5,497,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Financial Counselors Inc. lifted its position in shares of Diageo by 3.3% in the 2nd quarter. Financial Counselors Inc. now owns 2,587 shares of the company's stock worth $326,000 after purchasing an additional 83 shares during the period. PFG Investments LLC boosted its position in Diageo by 3.4% during the 2nd quarter. PFG Investments LLC now owns 2,516 shares of the company's stock valued at $317,000 after acquiring an additional 83 shares in the last quarter. Global Retirement Partners LLC grew its holdings in shares of Diageo by 1.1% during the 3rd quarter. Global Retirement Partners LLC now owns 8,146 shares of the company's stock worth $1,143,000 after acquiring an additional 85 shares during the period. Gradient Investments LLC raised its position in shares of Diageo by 2.8% in the 2nd quarter. Gradient Investments LLC now owns 3,181 shares of the company's stock worth $401,000 after acquiring an additional 86 shares in the last quarter. Finally, Pinnacle West Asset Management Inc. lifted its stake in shares of Diageo by 3.6% in the 2nd quarter. Pinnacle West Asset Management Inc. now owns 2,590 shares of the company's stock valued at $327,000 after purchasing an additional 90 shares during the period. Institutional investors own 8.97% of the company's stock.

Diageo Stock Up 0.6 %

Shares of NYSE DEO traded up $0.71 during trading on Friday, reaching $119.36. The company had a trading volume of 694,087 shares, compared to its average volume of 771,397. The stock has a market cap of $66.40 billion, a PE ratio of 17.08, a P/E/G ratio of 3.38 and a beta of 0.71. The company has a quick ratio of 0.55, a current ratio of 1.53 and a debt-to-equity ratio of 1.62. Diageo plc has a 12-month low of $117.72 and a 12-month high of $154.71. The business's 50-day moving average is $129.03 and its 200 day moving average is $130.39.

Analyst Ratings Changes

A number of research firms have issued reports on DEO. Royal Bank of Canada upgraded Diageo from an "underperform" rating to a "sector perform" rating in a report on Monday, August 12th. Bank of America upgraded shares of Diageo from a "neutral" rating to a "buy" rating in a research note on Thursday, September 12th. Three research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold".

About Diageo

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