Kistler Tiffany Companies LLC decreased its stake in Diageo plc (NYSE:DEO) by 8.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,360 shares of the company’s stock after selling 127 shares during the quarter. Kistler Tiffany Companies LLC’s holdings in Diageo were worth $229,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently added to or reduced their stakes in the stock. Allworth Financial LP boosted its position in Diageo by 15.7% during the 3rd quarter. Allworth Financial LP now owns 486 shares of the company’s stock worth $79,000 after acquiring an additional 66 shares during the period. CAPROCK Group Inc. boosted its position in Diageo by 2.5% during the 3rd quarter. CAPROCK Group Inc. now owns 2,845 shares of the company’s stock worth $471,000 after acquiring an additional 69 shares during the period. Cetera Advisor Networks LLC boosted its position in Diageo by 2.0% during the 3rd quarter. Cetera Advisor Networks LLC now owns 3,513 shares of the company’s stock worth $574,000 after acquiring an additional 70 shares during the period. Norway Savings Bank boosted its position in Diageo by 36.5% during the 3rd quarter. Norway Savings Bank now owns 273 shares of the company’s stock worth $45,000 after acquiring an additional 73 shares during the period. Finally, Baystate Wealth Management LLC boosted its position in Diageo by 10.6% during the 3rd quarter. Baystate Wealth Management LLC now owns 764 shares of the company’s stock worth $125,000 after acquiring an additional 73 shares during the period. Institutional investors and hedge funds own 9.11% of the company’s stock.

Shares of DEO traded up $0.22 during midday trading on Tuesday, reaching $168.15. 311,500 shares of the stock were exchanged, compared to its average volume of 357,400. Diageo plc has a 12-month low of $139.55 and a 12-month high of $176.22. The firm has a 50 day simple moving average of $165.28 and a 200-day simple moving average of $165.38. The company has a quick ratio of 0.56, a current ratio of 1.34 and a debt-to-equity ratio of 1.06. The company has a market cap of $109.24 billion, a price-to-earnings ratio of 24.91, a P/E/G ratio of 3.06 and a beta of 0.43.

A number of equities research analysts have commented on the company. Morgan Stanley restated an “overweight” rating on shares of Diageo in a research report on Thursday, October 24th. Zacks Investment Research upgraded Diageo from a “sell” rating to a “hold” rating and set a $171.00 price objective for the company in a research report on Monday, November 4th. ValuEngine lowered Diageo from a “hold” rating to a “sell” rating in a research report on Friday. Finally, Royal Bank of Canada upgraded Diageo from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, December 3rd. Three analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $171.00.

About Diageo

Diageo plc, together with its subsidiaries, produces, markets, and sells alcoholic beverages worldwide. The company offers a collection of brands across spirits, beer, cider, and wine categories. Its brands include Johnnie Walker, Crown Royal, J&B, Buchanan's and Windsor whiskies, Smirnoff, Cîroc and Ketel One vodkas, Captain Morgan, Baileys, Don Julio, Bundaberg, McDowell's No.

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Institutional Ownership by Quarter for Diageo (NYSE:DEO)

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