Carret Asset Management LLC continued to hold its stake in shares of Diageo PLC (NYSE:DEO) during the second quarter, according to its most recent disclosure with the SEC. The firm owned 3,064 shares of the company’s stock at the end of the second quarter. Carret Asset Management LLC’s holdings in Diageo PLC were worth $367,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the company. Parkside Financial Bank & Trust raised its stake in shares of Diageo PLC by 0.8% in the second quarter. Parkside Financial Bank & Trust now owns 2,526 shares of the company’s stock worth $303,000 after purchasing an additional 20 shares during the last quarter. Investment Centers of America Inc. raised its stake in shares of Diageo PLC by 0.3% in the first quarter. Investment Centers of America Inc. now owns 6,579 shares of the company’s stock worth $761,000 after purchasing an additional 22 shares during the last quarter. Capital One National Association raised its stake in shares of Diageo PLC by 0.7% in the second quarter. Capital One National Association now owns 3,119 shares of the company’s stock worth $374,000 after purchasing an additional 22 shares during the last quarter. Sterling Investment Advisors Ltd. raised its stake in shares of Diageo PLC by 0.3% in the second quarter. Sterling Investment Advisors Ltd. now owns 9,251 shares of the company’s stock worth $1,109,000 after purchasing an additional 26 shares during the last quarter. Finally, Lourd Capital LLC raised its stake in shares of Diageo PLC by 0.4% in the second quarter. Lourd Capital LLC now owns 7,646 shares of the company’s stock worth $916,000 after purchasing an additional 30 shares during the last quarter. Hedge funds and other institutional investors own 11.70% of the company’s stock.

Diageo PLC (NYSE DEO) traded up 0.14% during mid-day trading on Friday, reaching $132.96. The company had a trading volume of 248,950 shares. The company has a market capitalization of $83.55 billion, a price-to-earnings ratio of 23.88 and a beta of 0.73. The firm’s 50 day moving average price is $133.40 and its 200-day moving average price is $123.95. Diageo PLC has a 12 month low of $99.46 and a 12 month high of $137.59.

The business also recently disclosed a semiannual dividend, which will be paid on Wednesday, October 11th. Shareholders of record on Friday, August 11th will be paid a dividend of $2.0322 per share. The ex-dividend date of this dividend is Wednesday, August 9th. This is an increase from Diageo PLC’s previous semiannual dividend of $1.19. This represents a yield of 3.12%.

TRADEMARK VIOLATION NOTICE: “Diageo PLC (DEO) Holdings Maintained by Carret Asset Management LLC” was published by Watch List News and is the property of of Watch List News. If you are viewing this article on another site, it was illegally copied and reposted in violation of international trademark and copyright law. The legal version of this article can be accessed at https://www.watchlistnews.com/diageo-plc-deo-holdings-maintained-by-carret-asset-management-llc/1617942.html.

Several research analysts have recently issued reports on DEO shares. BidaskClub cut Diageo PLC from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. Sanford C. Bernstein upgraded Diageo PLC from a “market perform” rating to an “outperform” rating and raised their price objective for the stock from $142.36 to $153.00 in a research note on Friday, July 28th. Jefferies Group LLC restated a “buy” rating and issued a $154.20 price objective (up from $142.25) on shares of Diageo PLC in a research note on Friday, September 1st. Zacks Investment Research upgraded Diageo PLC from a “hold” rating to a “buy” rating and set a $149.00 price objective for the company in a research note on Tuesday, August 22nd. Finally, Berenberg Bank cut Diageo PLC from a “buy” rating to a “hold” rating in a research note on Wednesday, September 13th. Three research analysts have rated the stock with a sell rating, two have given a hold rating and eight have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $152.35.

Diageo PLC Company Profile

Diageo PLC is an alcoholic beverage company. The Company operates in various categories, including spirits and beer. Its geographic segments include North America; Europe, Russia and Turkey; Africa; Latin America and Caribbean, and Asia Pacific. 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.

Want to see what other hedge funds are holding DEO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Diageo PLC (NYSE:DEO).

Institutional Ownership by Quarter for Diageo PLC (NYSE:DEO)

Receive News & Ratings for Diageo PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diageo PLC and related companies with Analyst Ratings Network's FREE daily email newsletter.