Diageo plc (NYSE:DEO) Shares Acquired by MONECO Advisors LLC

MONECO Advisors LLC lifted its position in shares of Diageo plc (NYSE:DEO) by 12.1% during the fourth quarter, HoldingsChannel reports. The firm owned 1,627 shares of the company’s stock after purchasing an additional 175 shares during the quarter. MONECO Advisors LLC’s holdings in Diageo were worth $237,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. ICA Group Wealth Management LLC acquired a new position in shares of Diageo during the fourth quarter worth $94,000. SageView Advisory Group LLC increased its stake in shares of Diageo by 230.0% in the fourth quarter. SageView Advisory Group LLC now owns 7,669 shares of the company’s stock worth $1,109,000 after buying an additional 5,345 shares during the last quarter. Willner & Heller LLC bought a new stake in shares of Diageo in the fourth quarter worth $279,000. Wellington Management Group LLP increased its stake in shares of Diageo by 56.7% in the fourth quarter. Wellington Management Group LLP now owns 677,478 shares of the company’s stock worth $98,681,000 after buying an additional 245,255 shares during the last quarter. Finally, Tucker Asset Management LLC increased its stake in shares of Diageo by 14.3% in the fourth quarter. Tucker Asset Management LLC now owns 1,049 shares of the company’s stock worth $153,000 after buying an additional 131 shares during the last quarter. 8.97% of the stock is owned by institutional investors and hedge funds.

Diageo Stock Performance

Shares of NYSE:DEO traded up $0.09 during midday trading on Monday, reaching $131.66. The company had a trading volume of 375,187 shares, compared to its average volume of 729,717. The company has a quick ratio of 0.65, a current ratio of 1.58 and a debt-to-equity ratio of 1.73. The stock’s fifty day moving average price is $138.30 and its 200-day moving average price is $143.10. Diageo plc has a one year low of $130.49 and a one year high of $179.78.

Diageo Company Profile

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