Fiduciary Group LLC Has $700,000 Holdings in Diageo plc (NYSE:DEO)

Fiduciary Group LLC reduced its stake in shares of Diageo plc (NYSE:DEO) by 7.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,905 shares of the company’s stock after selling 321 shares during the quarter. Fiduciary Group LLC’s holdings in Diageo were worth $700,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. McCarthy Asset Management Inc. acquired a new position in Diageo during the 4th quarter valued at $29,000. Safeguard Investment Advisory Group LLC acquired a new position in shares of Diageo in the 4th quarter valued at $33,000. Baron Silver Stevens Financial Advisors LLC acquired a new position in shares of Diageo in the 4th quarter valued at $34,000. Albion Financial Group UT acquired a new position in shares of Diageo in the 4th quarter valued at $35,000. Finally, Wealthcare Advisory Partners LLC acquired a new position in shares of Diageo in the 1st quarter valued at $36,000. Hedge funds and other institutional investors own 10.05% of the company’s stock.

A number of equities analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Diageo in a research note on Friday, January 29th. Berenberg Bank reiterated a “hold” rating on shares of Diageo in a research report on Monday, February 1st. Zacks Investment Research cut shares of Diageo from a “buy” rating to a “hold” rating and set a $176.00 target price for the company. in a research report on Tuesday, March 30th. Barclays reiterated an “overweight” rating on shares of Diageo in a research report on Friday, January 29th. Finally, Credit Suisse Group reiterated an “outperform” rating on shares of Diageo in a research report on Friday, January 29th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and ten have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $154.33.

Shares of NYSE:DEO opened at $180.39 on Wednesday. The firm has a market cap of $105.52 billion, a P/E ratio of 32.80, a P/E/G ratio of 3.47 and a beta of 0.66. The company has a quick ratio of 0.88, a current ratio of 1.77 and a debt-to-equity ratio of 1.80. Diageo plc has a 12 month low of $127.12 and a 12 month high of $184.66. The company’s 50-day moving average price is $175.09 and its two-hundred day moving average price is $162.45.

About Diageo

Diageo plc, together with its subsidiaries, produces, markets, and sells alcoholic beverages. The company offers scotch, whisky, gin, vodka, rum, ready to drink products, Irish cream liqueur, raki, liqueur, wine, tequila, Canadian whisky, American whiskey, adult beverages, cachaça, spirits, and brandy, as well as beer, including cider and non-alcoholic products.

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Institutional Ownership by Quarter for Diageo (NYSE:DEO)

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