US Bancorp DE cut its stake in shares of Diageo plc (NYSE:DEO – Free Report) by 4.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 80,915 shares of the company’s stock after selling 4,004 shares during the period. US Bancorp DE’s holdings in Diageo were worth $11,786,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Clearbridge Investments LLC raised its stake in Diageo by 0.4% during the 3rd quarter. Clearbridge Investments LLC now owns 2,384,109 shares of the company’s stock valued at $355,661,000 after acquiring an additional 10,269 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in Diageo by 6.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,161,648 shares of the company’s stock valued at $301,886,000 after acquiring an additional 137,397 shares during the last quarter. Markel Group Inc. raised its stake in Diageo by 0.3% during the 4th quarter. Markel Group Inc. now owns 1,354,708 shares of the company’s stock valued at $197,327,000 after acquiring an additional 4,500 shares during the last quarter. Royal Bank of Canada raised its stake in Diageo by 2.4% during the 3rd quarter. Royal Bank of Canada now owns 1,187,543 shares of the company’s stock valued at $177,156,000 after acquiring an additional 27,851 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in Diageo by 1.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 856,908 shares of the company’s stock valued at $124,817,000 after acquiring an additional 14,789 shares during the last quarter. 8.97% of the stock is owned by hedge funds and other institutional investors.
Diageo Stock Down 0.1 %
DEO opened at $136.81 on Monday. The business has a 50 day moving average price of $142.13 and a two-hundred day moving average price of $144.02. The company has a quick ratio of 0.65, a current ratio of 1.58 and a debt-to-equity ratio of 1.73. Diageo plc has a 52 week low of $135.63 and a 52 week 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.
See Also
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Source: defenseworld.net
