Oppenheimer & Co. Inc. grew its holdings in Diageo plc (NYSE:DEO – Free Report) by 8.2% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 17,033 shares of the company’s stock after buying an additional 1,298 shares during the period. Oppenheimer & Co. Inc.’s holdings in Diageo were worth $2,533,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also made changes to their positions in DEO. Scarborough Advisors LLC acquired a new position in shares of Diageo during the fourth quarter worth about $25,000. Planned Solutions Inc. acquired a new position in shares of Diageo during the fourth quarter worth about $27,000. Concord Wealth Partners acquired a new position in shares of Diageo during the first quarter worth about $29,000. Addison Advisors LLC increased its stake in shares of Diageo by 97.3% during the fourth quarter. Addison Advisors LLC now owns 217 shares of the company’s stock worth $32,000 after acquiring an additional 107 shares during the period. Finally, Criterion Capital Advisors LLC acquired a new position in shares of Diageo during the fourth quarter worth about $36,000. 8.97% of the stock is owned by hedge funds and other institutional investors.
Diageo Stock Up 0.0 %
DEO traded up $0.06 on Friday, hitting $131.65. 656,960 shares of the company were exchanged, compared to its average volume of 624,409. The company has a current ratio of 1.58, a quick ratio of 0.65 and a debt-to-equity ratio of 1.73. The business’s fifty day moving average is $134.12 and its 200 day moving average is $141.16. Diageo plc has a fifty-two week low of $124.80 and a fifty-two week high of $179.78.
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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.
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