Diageo plc (NYSE:DEO) Shares Acquired by Personal CFO Solutions LLC

Personal CFO Solutions LLC boosted its position in Diageo plc (NYSE:DEO - Free Report) by 196.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,276 shares of the company's stock after purchasing an additional 2,833 shares during the quarter. Personal CFO Solutions LLC's holdings in Diageo were worth $544,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in DEO. Brooklyn Investment Group purchased a new stake in Diageo in the 3rd quarter valued at $25,000. Eastern Bank grew its holdings in shares of Diageo by 107.8% during the 4th quarter. Eastern Bank now owns 241 shares of the company's stock worth $31,000 after purchasing an additional 125 shares during the period. Modus Advisors LLC purchased a new position in shares of Diageo during the 4th quarter worth $35,000. Kestra Investment Management LLC purchased a new position in shares of Diageo during the 4th quarter worth $36,000. Finally, Heck Capital Advisors LLC purchased a new position in shares of Diageo during the 4th quarter worth $47,000. 8.97% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on DEO. Deutsche Bank Aktiengesellschaft upgraded Diageo from a "sell" rating to a "hold" rating in a report on Monday, March 3rd. Jefferies Financial Group upgraded Diageo from a "hold" rating to a "buy" rating in a report on Thursday, December 5th. UBS Group upgraded Diageo from a "sell" rating to a "buy" rating in a report on Wednesday, December 11th. Finally, TD Cowen increased their price target on Diageo from $124.00 to $129.00 and gave the stock a "hold" rating in a report on Wednesday, January 8th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $129.00.

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Diageo Trading Down 0.5 %

Diageo stock traded down $0.57 during midday trading on Thursday, reaching $107.85. 1,363,913 shares of the stock traded hands, compared to its average volume of 843,778. The company has a 50-day simple moving average of $114.90 and a two-hundred day simple moving average of $123.90. Diageo plc has a 12-month low of $105.72 and a 12-month high of $151.76. The firm has a market cap of $60.00 billion, a PE ratio of 15.75, a price-to-earnings-growth ratio of 2.39 and a beta of 0.65. The company has a current ratio of 1.60, a quick ratio of 0.67 and a debt-to-equity ratio of 1.62.

Diageo Dividend Announcement

The company also recently announced a semi-annual dividend, which will be paid on Thursday, April 24th. Investors of record on Friday, February 28th will be issued a dividend of $1.62 per share. This represents a yield of 3.8%. The ex-dividend date is Friday, February 28th. Diageo's dividend payout ratio (DPR) is 46.42%.

Diageo Company Profile

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.