Buttonwood Financial Advisors Inc. Acquires 185 Shares of Diageo plc (NYSE:DEO)

Buttonwood Financial Advisors Inc. grew its holdings in Diageo plc (NYSE:DEO) by 2.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,460 shares of the company’s stock after acquiring an additional 185 shares during the period. Buttonwood Financial Advisors Inc.’s holdings in Diageo were worth $948,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of DEO. Union Bancaire Privee UBP SA bought a new stake in shares of Diageo during the 4th quarter worth about $285,000. Blue Trust Inc. boosted its position in Diageo by 21.2% during the fourth quarter. Blue Trust Inc. now owns 5,888 shares of the company’s stock worth $826,000 after purchasing an additional 1,031 shares during the period. GSB Wealth Management LLC grew its holdings in Diageo by 8.1% during the fourth quarter. GSB Wealth Management LLC now owns 9,122 shares of the company’s stock valued at $1,160,000 after purchasing an additional 681 shares during the last quarter. Grimes & Company Inc. raised its position in shares of Diageo by 4.4% in the fourth quarter. Grimes & Company Inc. now owns 3,823 shares of the company’s stock valued at $486,000 after purchasing an additional 162 shares during the period. Finally, Lantz Financial LLC lifted its stake in shares of Diageo by 2.3% in the fourth quarter. Lantz Financial LLC now owns 15,524 shares of the company’s stock worth $1,974,000 after buying an additional 353 shares during the last quarter. Institutional investors and hedge funds own 8.97% of the company’s stock.

Analysts Set New Price Targets

DEO has been the topic of several recent analyst reports. UBS Group upgraded shares of Diageo from a “sell” rating to a “buy” rating in a report on Wednesday, December 11th. Jefferies Financial Group raised Diageo from a “hold” rating to a “buy” rating in a research report on Thursday, December 5th. Finally, TD Cowen lifted their price target on Diageo from $124.00 to $129.00 and gave the stock a “hold” rating in a research report on Wednesday, January 8th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $129.00.

Diageo Trading Up 4.7 %

Diageo stock opened at $124.53 on Monday. Diageo plc has a 12 month low of $113.99 and a 12 month high of $154.71. The business has a 50 day moving average price of $122.62 and a two-hundred day moving average price of $127.59. The company has a quick ratio of 0.55, a current ratio of 1.53 and a debt-to-equity ratio of 1.62.

About Diageo

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.