Diageo plc (NYSE:DEO) Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. lessened its holdings in Diageo plc (NYSE:DEOFree Report) by 3.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 78,884 shares of the company’s stock after selling 2,816 shares during the period. PNC Financial Services Group Inc.’s holdings in Diageo were worth $11,490,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Planned Solutions Inc. acquired a new stake in shares of Diageo in the fourth quarter valued at about $27,000. Addison Advisors LLC boosted its stake in shares of Diageo by 97.3% in the fourth quarter. Addison Advisors LLC now owns 217 shares of the company’s stock valued at $32,000 after purchasing an additional 107 shares during the period. Criterion Capital Advisors LLC acquired a new stake in Diageo during the 4th quarter valued at $36,000. First Command Advisory Services Inc. acquired a new stake in Diageo during the 3rd quarter valued at $48,000. Finally, Orion Capital Management LLC purchased a new stake in Diageo during the 3rd quarter worth $60,000. Institutional investors and hedge funds own 8.97% of the company’s stock.

Diageo Stock Down 0.5 %

NYSE:DEO opened at $139.01 on Thursday. Diageo plc has a 1-year low of $135.63 and a 1-year high of $179.78. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.58 and a quick ratio of 0.65. The firm has a 50-day moving average of $142.60 and a two-hundred day moving average of $144.44.

Diageo Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Diageo (NYSE:DEO)

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