Diageo plc (NYSE:DEO) Shares Bought by US Bancorp DE

US Bancorp DE lifted its stake in Diageo plc (NYSE:DEO) by 4.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 102,115 shares of the company’s stock after acquiring an additional 4,449 shares during the period. US Bancorp DE’s holdings in Diageo were worth $17,597,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the company. Marietta Wealth Management LLC lifted its stake in shares of Diageo by 2.1% in the 1st quarter. Marietta Wealth Management LLC now owns 3,016 shares of the company’s stock worth $493,000 after acquiring an additional 61 shares during the period. Willingdon Wealth Management raised its holdings in shares of Diageo by 14.8% in the 2nd quarter. Willingdon Wealth Management now owns 488 shares of the company’s stock worth $84,000 after purchasing an additional 63 shares in the last quarter. Fiduciary Group LLC raised its holdings in shares of Diageo by 1.4% in the 1st quarter. Fiduciary Group LLC now owns 4,999 shares of the company’s stock worth $818,000 after purchasing an additional 67 shares in the last quarter. ProVise Management Group LLC raised its holdings in shares of Diageo by 0.8% in the 2nd quarter. ProVise Management Group LLC now owns 8,767 shares of the company’s stock worth $1,511,000 after purchasing an additional 72 shares in the last quarter. Finally, Cornerstone Advisors Inc. raised its holdings in shares of Diageo by 16.3% in the 2nd quarter. Cornerstone Advisors Inc. now owns 521 shares of the company’s stock worth $90,000 after purchasing an additional 73 shares in the last quarter. 10.13% of the stock is owned by institutional investors.

A number of research firms recently commented on DEO. Zacks Investment Research upgraded shares of Diageo from a “sell” rating to a “hold” rating and set a $178.00 target price on the stock in a report on Monday, May 27th. Sanford C. Bernstein upgraded shares of Diageo from an “underperform” rating to a “market perform” rating in a report on Tuesday, September 10th. Kepler Capital Markets lowered shares of Diageo from a “buy” rating to a “hold” rating in a report on Tuesday, July 9th. Finally, Societe Generale lowered shares of Diageo from a “buy” rating to a “sell” rating in a report on Thursday, September 5th. They noted that the move was a valuation call. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $178.00.



Shares of DEO stock traded down $2.15 during trading hours on Monday, reaching $161.09. 6,607 shares of the stock traded hands, compared to its average volume of 380,872. Diageo plc has a 1-year low of $131.43 and a 1-year high of $176.22. The business has a fifty day moving average price of $167.18 and a 200 day moving average price of $166.93. The company has a quick ratio of 0.56, a current ratio of 1.34 and a debt-to-equity ratio of 1.06. The firm has a market capitalization of $105.69 billion, a PE ratio of 23.85, a PEG ratio of 2.89 and a beta of 0.47.

The business also recently disclosed a Semi-Annual dividend, which will be paid on Tuesday, October 8th. Shareholders of record on Friday, August 9th will be paid a $2.111 dividend. The ex-dividend date is Thursday, August 8th. This is a positive change from Diageo’s previous Semi-Annual dividend of $0.19. Diageo’s dividend payout ratio is currently 62.52%.

Diageo Company Profile

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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Institutional Ownership by Quarter for Diageo (NYSE:DEO)

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