Savant Capital LLC Takes $214,000 Position in Diageo plc (NYSE:DEO)

Savant Capital LLC purchased a new position in shares of Diageo plc (NYSE:DEO) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,470 shares of the company’s stock, valued at approximately $214,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of DEO. Western Wealth Management LLC raised its holdings in shares of Diageo by 2.6% during the third quarter. Western Wealth Management LLC now owns 2,559 shares of the company’s stock valued at $382,000 after acquiring an additional 66 shares during the last quarter. O Brien Greene & Co. Inc lifted its holdings in Diageo by 2.4% in the 3rd quarter. O Brien Greene & Co. Inc now owns 2,970 shares of the company’s stock valued at $443,000 after purchasing an additional 70 shares in the last quarter. SVB Wealth LLC boosted its stake in Diageo by 1.8% during the 4th quarter. SVB Wealth LLC now owns 3,988 shares of the company’s stock worth $581,000 after purchasing an additional 70 shares during the last quarter. Lawson Kroeker Investment Management Inc. NE grew its holdings in shares of Diageo by 0.5% during the fourth quarter. Lawson Kroeker Investment Management Inc. NE now owns 14,246 shares of the company’s stock worth $2,075,000 after buying an additional 72 shares in the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its holdings in shares of Diageo by 3.3% during the fourth quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 2,243 shares of the company’s stock worth $327,000 after buying an additional 72 shares in the last quarter. 8.97% of the stock is owned by hedge funds and other institutional investors.

Diageo Stock Up 1.4 %

NYSE:DEO opened at $139.08 on Wednesday. The company’s 50-day moving average is $144.39 and its two-hundred day moving average is $145.31. The company has a current ratio of 1.58, a quick ratio of 0.65 and a debt-to-equity ratio of 1.73. Diageo plc has a 1-year low of $135.63 and a 1-year high of $188.11.

Wall Street Analyst Weigh In

Separately, BNP Paribas cut shares of Diageo from a “neutral” rating to an “underperform” rating in a research note on Friday, January 12th. Three investment analysts have rated the stock with a sell rating and six have assigned a hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $3,797.50.

About Diageo

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.