Fullcircle Wealth LLC Boosts Holdings in Diageo plc (NYSE:DEO)

Fullcircle Wealth LLC raised its holdings in shares of Diageo plc (NYSE:DEO - Free Report) by 98.9% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,927 shares of the company's stock after buying an additional 4,438 shares during the quarter. Fullcircle Wealth LLC's holdings in Diageo were worth $1,191,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. QRG Capital Management Inc. lifted its position in Diageo by 16.4% during the first quarter. QRG Capital Management Inc. now owns 7,185 shares of the company's stock worth $1,069,000 after buying an additional 1,011 shares in the last quarter. Cetera Investment Advisers boosted its position in shares of Diageo by 461.4% during the 1st quarter. Cetera Investment Advisers now owns 70,630 shares of the company's stock valued at $10,506,000 after acquiring an additional 58,048 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in shares of Diageo in the third quarter valued at about $9,769,000. Geneos Wealth Management Inc. increased its position in Diageo by 2,128.6% during the first quarter. Geneos Wealth Management Inc. now owns 9,494 shares of the company's stock worth $1,412,000 after purchasing an additional 9,068 shares during the last quarter. Finally, Bleakley Financial Group LLC increased its position in Diageo by 346.5% during the first quarter. Bleakley Financial Group LLC now owns 25,524 shares of the company's stock worth $3,796,000 after purchasing an additional 19,808 shares during the last quarter. 8.97% of the stock is currently owned by institutional investors and hedge funds.

Diageo Stock Up 0.0 %

NYSE DEO traded up $0.05 on Friday, reaching $124.21. The stock had a trading volume of 689,572 shares, compared to its average volume of 753,884. The company has a quick ratio of 0.55, a current ratio of 1.53 and a debt-to-equity ratio of 1.62. The stock has a fifty day moving average price of $133.68 and a two-hundred day moving average price of $133.10. Diageo plc has a 12-month low of $119.48 and a 12-month high of $161.64.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on DEO. Bank of America upgraded shares of Diageo from a "neutral" rating to a "buy" rating in a report on Thursday, September 12th. The Goldman Sachs Group downgraded Diageo from a "neutral" rating to a "sell" rating in a research report on Friday, July 12th. Finally, Royal Bank of Canada upgraded Diageo from an "underperform" rating to a "sector perform" rating in a report on Monday, August 12th. Three analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. According to MarketBeat, Diageo presently has a consensus rating of "Hold".

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.