Park National Corp OH Buys Shares of 1,380 Diageo plc (NYSE:DEO)

Park National Corp OH bought a new stake in shares of Diageo plc (NYSE:DEO) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 1,380 shares of the company’s stock, valued at approximately $205,000.

A number of other institutional investors have also recently made changes to their positions in DEO. Deutsche Bank AG boosted its position in shares of Diageo by 4.8% in the 3rd quarter. Deutsche Bank AG now owns 3,688 shares of the company’s stock worth $550,000 after purchasing an additional 169 shares in the last quarter. QRG Capital Management Inc. acquired a new stake in Diageo during the 3rd quarter worth about $875,000. Envestnet Portfolio Solutions Inc. acquired a new stake in Diageo during the 3rd quarter worth about $1,993,000. Envestnet Asset Management Inc. lifted its position in Diageo by 26.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 659,034 shares of the company’s stock worth $98,315,000 after acquiring an additional 138,406 shares during the period. Finally, Invesco Ltd. lifted its position in Diageo by 10.7% during the 3rd quarter. Invesco Ltd. now owns 132,163 shares of the company’s stock worth $19,716,000 after acquiring an additional 12,733 shares during the period. Institutional investors and hedge funds own 8.97% of the company’s stock.

Diageo Stock Down 1.7 %

DEO traded down $2.24 on Tuesday, reaching $129.53. 627,865 shares of the stock were exchanged, compared to its average volume of 729,577. The company’s 50-day moving average price is $138.07 and its 200 day moving average price is $143.04. Diageo plc has a fifty-two week low of $129.46 and a fifty-two week high of $179.78. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.65 and a current ratio of 1.58.

About Diageo

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, cachaça, 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.