Diageo plc (NYSE:DEO) Shares Purchased by Centaurus Financial Inc.

Centaurus Financial Inc. grew its position in shares of Diageo plc (NYSE:DEO) by 26.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,216 shares of the company’s stock after acquiring an additional 890 shares during the quarter. Centaurus Financial Inc.’s holdings in Diageo were worth $592,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of DEO. Russell Investments Group Ltd. increased its stake in shares of Diageo by 42.7% in the first quarter. Russell Investments Group Ltd. now owns 1,136 shares of the company’s stock valued at $169,000 after purchasing an additional 340 shares during the period. Advisors Asset Management Inc. increased its position in Diageo by 18.8% in the 1st quarter. Advisors Asset Management Inc. now owns 5,128 shares of the company’s stock valued at $763,000 after acquiring an additional 813 shares during the period. Price T Rowe Associates Inc. MD raised its stake in Diageo by 2.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 73,870 shares of the company’s stock valued at $10,988,000 after acquiring an additional 1,454 shares in the last quarter. B. Riley Wealth Advisors Inc. boosted its position in Diageo by 15.2% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 7,966 shares of the company’s stock worth $1,208,000 after acquiring an additional 1,050 shares during the period. Finally, Hancock Whitney Corp bought a new position in shares of Diageo in the first quarter worth $292,000. Institutional investors own 8.97% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have commented on DEO. Bank of America upgraded shares of Diageo from a “neutral” rating to a “buy” rating in a research report on Thursday, September 12th. Royal Bank of Canada upgraded Diageo from an “underperform” rating to a “sector perform” rating in a research report on Monday, August 12th. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

Diageo Trading Down 1.4 %

Shares of DEO opened at $118.72 on Wednesday. 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 firm’s 50 day moving average price is $129.94 and its 200 day moving average price is $130.72. Diageo plc has a twelve month low of $117.72 and a twelve month high of $154.71.

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.