Economy

Diageo PLC (DEO) Shareholder Goelzer Investment Management INC Decreased Stake

Other large investors have also modified their holdings of the company. The stock spiked 2.86% last month and is down -4.29 this year.

The company's stock is now moving with a +ve distance from the 200 day SMA of approximately 3.22%, and has a solid year to date (YTD) performance of -4.29% which means that the stock is constantly adding to its value from the previous fiscal year end price. CIBC Asset Management Inc increased its holdings in Diageo by 6.1% during the 4th quarter. 32,011 shares were sold by Goelzer Investment Management Inc as the company's stock declined 7.16% with the market. Stony Point Wealth Management Inc. purchased a new position in shares of Diageo during the fourth quarter worth $1,009,000. Finally, Verity & Verity LLC boosted its position in shares of Diageo plc by 3.6% in the third quarter. Verity & Verity LLC now owns 46,821 shares of the company's stock valued at $5,433,000 after buying an additional 1,633 shares during the period.

Currently, the 14-day ADX for Diageo Plc (DEO) is sitting at 18.10. The firm owned 7,674 shares of the company's stock after buying an additional 1,783 shares during the period. Diageo plc (DEO) negotiated the trading capacity of 1664351 shares and observing the average volume of last three months the stock traded 435.12K shares.

Share of Diageo plc (DEO) have caught the attention of the Wall Street community. The stock is now moving above its 20-Day Simple Moving Average of 1.95% with a 50-Day Simple Moving Average of 2.2 percent. Diageo P L C has $84.15B market cap. Diageo has a one year low of $113.67 and a one year high of $147.62.

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The business also recently announced a semiannual dividend, which was paid on Tuesday, April 11th. This represents a dividend yield of 1.96%. The ex-dividend date is Thursday, February 22nd.

DEO has been the topic of several research analyst reports. The rating was downgraded by Liberum Capital on Monday, January 30 to "Sell". The stock rating was maintained by Jefferies with "Buy" on Tuesday, October 31. ValuEngine upgraded shares of Diageo from a "hold" rating to a "buy" rating in a research report on Thursday, April 12th.

Diageo plc (NYSE:DEO) saw its price touch 138.89 as institutions held closely to their 12.30% ownership of the 85606.86 valued company. On Friday, July 31 the stock rating was maintained by Kepler Cheuvreux with "Hold". The company offers a collection of brands across spirits, beer, cider, and wine categories. The Company operates in various categories, including spirits and beer.

Want to see what other hedge funds are holding DEO? Its principal products includes Scotch whisky, Gin, Vodka, Rum, Beer, Irish Cream Liqueur, Wine, Raki, Tequila, Canadian Whisky, American Whiskey, Progressive Adult Beverages, Cachaca, Brandy and Ready to Drink.



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