Atlantic Union Bankshares Corp Sells 628 Shares of Diageo plc (NYSE:DEO)

Atlantic Union Bankshares Corp lessened its stake in shares of Diageo plc (NYSE:DEO) by 19.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,598 shares of the company’s stock after selling 628 shares during the quarter. Atlantic Union Bankshares Corp’s holdings in Diageo were worth $386,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Scarborough Advisors LLC bought a new stake in shares of Diageo in the 4th quarter worth about $25,000. Planned Solutions Inc. bought a new stake in Diageo during the 4th quarter worth approximately $27,000. Addison Advisors LLC grew its position in Diageo by 97.3% during the 4th quarter. Addison Advisors LLC now owns 217 shares of the company’s stock worth $32,000 after acquiring an additional 107 shares during the last quarter. Criterion Capital Advisors LLC acquired a new stake in Diageo during the 4th quarter valued at $36,000. Finally, Accent Capital Management LLC bought a new position in Diageo in the 4th quarter valued at $44,000. Institutional investors and hedge funds own 8.97% of the company’s stock.

Diageo Stock Performance

Shares of DEO stock traded down $0.86 during trading hours on Friday, hitting $126.09. 681,949 shares of the company’s stock were exchanged, compared to its average volume of 734,116. Diageo plc has a 52 week low of $125.66 and a 52 week 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 stock’s 50-day moving average is $136.17 and its 200-day moving average is $142.26.

Diageo Profile

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.