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Colonial Trust Advisors Sells 934 Shares of Diageo PLC (DEO)

Time:2016-11-15 04:02wine - Red wine life health Click:

Diageo PLC NYSE:DEO DEO Consumer Staple SEC Filings

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Colonial Trust Advisors cut its stake in Diageo PLC (NYSE:DEO) by 3.6% during the second quarter, Holdings Channel reports. The institutional investor owned 25,038 shares of the company’s stock after selling 934 shares during the period. Colonial Trust Advisors’ holdings in Diageo PLC were worth $2,826,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Renaissance Technologies LLC raised its stake in shares of Diageo PLC by 64.6% in the first quarter. Renaissance Technologies LLC now owns 143,000 shares of the company’s stock valued at $15,425,000 after buying an additional 56,100 shares in the last quarter. Silvercrest Asset Management Group LLC raised its stake in shares of Diageo PLC by 8.8% in the first quarter. Silvercrest Asset Management Group LLC now owns 16,039 shares of the company’s stock valued at $1,730,000 after buying an additional 1,300 shares in the last quarter. A.R.T. Advisors LLC raised its stake in shares of Diageo PLC by 327.1% in the first quarter. A.R.T. Advisors LLC now owns 9,532 shares of the company’s stock valued at $1,028,000 after buying an additional 7,300 shares in the last quarter. Natixis raised its stake in shares of Diageo PLC by 30.7% in the first quarter. Natixis now owns 6,025 shares of the company’s stock valued at $650,000 after buying an additional 1,416 shares in the last quarter. Finally, Atlanta Capital Management Co. L L C raised its stake in shares of Diageo PLC by 16.7% in the first quarter. Atlanta Capital Management Co. L L C now owns 146,575 shares of the company’s stock valued at $15,811,000 after buying an additional 21,020 shares in the last quarter. 11.91% of the stock is currently owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for Diageo PLC (NYSE:DEO)

Diageo PLC (NYSE:DEO) traded down 1.14% during trading on Monday, hitting $100.21. The company had a trading volume of 825,718 shares. The company has a market capitalization of $62.89 billion, a price-to-earnings ratio of 22.69 and a beta of 0.80. The firm has a 50-day moving average of $109.60 and a 200 day moving average of $110.88. Diageo PLC has a 12-month low of $99.46 and a 12-month high of $117.95.

DEO has been the topic of several analyst reports. Beaufort Securities reaffirmed a “buy” rating on shares of Diageo PLC in a research report on Sunday, July 31st. JPMorgan Chase & Co. reissued a “buy” rating on shares of Diageo PLC in a research note on Wednesday, September 7th. Zacks Investment Research raised Diageo PLC from a “sell” rating to a “hold” rating in a research note on Wednesday, September 14th. Bank of America Corp. reissued a “buy” rating on shares of Diageo PLC in a research note on Friday, September 16th. Finally, Liberum Capital assumed coverage on Diageo PLC in a research note on Monday, October 3rd. They issued a “hold” rating for the company. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and seven have given a buy rating to the stock. Diageo PLC presently has an average rating of “Hold” and a consensus price target of $135.78.

Diageo PLC Company Profile

Diageo PLC is an alcoholic beverage company. The Company operates in various categories, including spirits and beer. Its geographic segments include North America; Europe, Russia and Turkey; Africa; Latin America and Caribbean, and Asia Pacific. Its principal products includes Scotch whisky, Gin, Vodka, Rum, Beer, Irish Cream Liqueur, Wine, Raki, Tequila, Canadian Whisky, American Whiskey, Progressive Adult Beverages, Cachaca, Brandy and Ready to Drink.

5 Day Chart for NYSE:DEO

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