Diageo plc (NYSE:DEO) Stock Holdings Increased by Raelipskie Partnership

Raelipskie Partnership grew its holdings in shares of Diageo plc (NYSE:DEO) by 3.7% in the third quarter, according to its most recent filing with the SEC. The firm owned 5,571 shares of the company’s stock after acquiring an additional 200 shares during the quarter. Raelipskie Partnership’s holdings in Diageo were worth $782,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the stock. Brooklyn Investment Group acquired a new position in Diageo during the 3rd quarter valued at about $25,000. 1620 Investment Advisors Inc. bought a new position in Diageo during the 2nd quarter valued at $25,000. Triad Wealth Partners LLC bought a new position in Diageo during the second quarter valued at about $25,000. Concord Wealth Partners bought a new position in Diageo during the third quarter valued at about $38,000. Finally, Bruce G. Allen Investments LLC grew its holdings in Diageo by 1,395.0% during the third quarter. Bruce G. Allen Investments LLC now owns 299 shares of the company’s stock worth $42,000 after acquiring an additional 279 shares during the period. Institutional investors and hedge funds own 8.97% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on DEO. Bank of America raised shares of Diageo from a “neutral” rating to a “buy” rating in a research note on Thursday, September 12th. Jefferies Financial Group raised Diageo from a “hold” rating to a “buy” rating in a research note on Thursday. Finally, Royal Bank of Canada raised shares of Diageo from an “underperform” rating to a “sector perform” rating in a research note on Monday, August 12th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold”.

Diageo Stock Down 0.4 %

Shares of NYSE:DEO opened at $122.99 on Monday. The business has a fifty day simple moving average of $127.37 and a 200 day simple moving average of $129.50. The company has a current ratio of 1.53, a quick ratio of 0.55 and a debt-to-equity ratio of 1.62. Diageo plc has a 1 year low of $117.72 and a 1 year high of $154.71.

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.