Diageo plc (NYSE:DEO) Shares Purchased by Beaumont Financial Advisors LLC

Beaumont Financial Advisors LLC grew its holdings in shares of Diageo plc (NYSE:DEOFree Report) by 8.7% during the third quarter, Holdings Channel.com reports. The firm owned 2,838 shares of the company’s stock after buying an additional 228 shares during the quarter. Beaumont Financial Advisors LLC’s holdings in Diageo were worth $423,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Pinnacle Holdings LLC acquired a new position in shares of Diageo during the first quarter valued at $33,000. Compagnie Lombard Odier SCmA acquired a new position in shares of Diageo during the third quarter valued at $27,000. PCA Investment Advisory Services Inc. acquired a new position in shares of Diageo during the second quarter valued at $31,000. Nemes Rush Group LLC acquired a new position in shares of Diageo during the second quarter valued at $32,000. Finally, MCF Advisors LLC acquired a new position in shares of Diageo during the third quarter valued at $30,000. 8.97% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. StockNews.com assumed coverage on Diageo in a research note on Thursday, October 5th. They set a “hold” rating for the company. Argus cut Diageo from a “buy” rating to a “hold” rating in a research note on Thursday, January 4th. UBS Group cut Diageo from a “neutral” rating to a “sell” rating in a research note on Tuesday, December 5th. JPMorgan Chase & Co. cut Diageo from an “overweight” rating to a “neutral” rating in a research note on Wednesday, November 29th. Finally, BNP Paribas lowered Diageo from a “neutral” rating to an “underperform” rating in a research report on Friday, January 12th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Diageo presently has a consensus rating of “Hold” and a consensus target price of $3,898.33.

Check Out Our Latest Research Report on DEO

Diageo Trading Down 2.0 %

NYSE:DEO opened at $138.93 on Thursday. The stock has a fifty day simple moving average of $143.15 and a 200 day simple moving average of $156.16. The company has a current ratio of 1.63, a quick ratio of 0.62 and a debt-to-equity ratio of 1.67. Diageo plc has a 1-year low of $135.63 and a 1-year high of $190.02.

Diageo Company Profile

(Free Report)

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, cacha├ža, 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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Institutional Ownership by Quarter for Diageo (NYSE:DEO)

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