Diageo plc (NYSE:DEO) Shares Bought by William Allan Corp

William Allan Corp grew its holdings in Diageo plc (NYSE:DEO) by 7.6% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 8,857 shares of the company’s stock after buying an additional 622 shares during the period. William Allan Corp’s holdings in Diageo were worth $1,243,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Infusive Asset Management Inc. lifted its stake in shares of Diageo by 26.5% in the third quarter. Infusive Asset Management Inc. now owns 31,038 shares of the company’s stock worth $4,356,000 after buying an additional 6,510 shares in the last quarter. Icon Wealth Advisors LLC raised its holdings in Diageo by 50.4% in the 3rd quarter. Icon Wealth Advisors LLC now owns 1,782 shares of the company’s stock valued at $250,000 after acquiring an additional 597 shares during the last quarter. Hantz Financial Services Inc. lifted its stake in Diageo by 26.2% in the 3rd quarter. Hantz Financial Services Inc. now owns 39,166 shares of the company’s stock worth $5,497,000 after purchasing an additional 8,131 shares in the last quarter. Northwest & Ethical Investments L.P. grew its position in shares of Diageo by 44.2% in the third quarter. Northwest & Ethical Investments L.P. now owns 3,779 shares of the company’s stock valued at $530,000 after purchasing an additional 1,158 shares in the last quarter. Finally, Financial Counselors Inc. grew its position in shares of Diageo by 15.2% in the third quarter. Financial Counselors Inc. now owns 2,979 shares of the company’s stock valued at $418,000 after purchasing an additional 392 shares in the last quarter. 8.97% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Bank of America raised Diageo from a “neutral” rating to a “buy” rating in a report on Thursday, September 12th. Royal Bank of Canada raised Diageo from an “underperform” rating to a “sector perform” rating in a research note on Monday, August 12th. Three investment analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, Diageo has a consensus rating of “Hold”.

Diageo Stock Performance

Shares of NYSE DEO opened at $118.65 on Friday. Diageo plc has a 1 year low of $117.72 and a 1 year high of $154.71. The company has a 50 day simple moving average of $129.31 and a 200-day simple moving average of $130.55. The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.55 and a current ratio of 1.53.

Diageo Company Profile

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.