Location:Home > OTHERS > Cooke Bieler LP Raises Stake in Diageo PLC (DEO)

Cooke Bieler LP Raises Stake in Diageo PLC (DEO)

Time:2016-12-31 02:56wine - Red wine life health Click:

Diageo PLC NYSE:DEO DEO Consumer Staple SEC Filings

Diageo PLC logo

Cooke & Bieler LP increased its position in Diageo PLC (NYSE:DEO) by 0.4% during the third quarter, Holdings Channel reports. The firm owned 537,957 shares of the company’s stock after buying an additional 2,316 shares during the period. Cooke & Bieler LP’s holdings in Diageo PLC were worth $62,425,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in DEO. Aristotle Capital Management LLC boosted its position in shares of Diageo PLC by 3.0% in the second quarter. Aristotle Capital Management LLC now owns 1,523,713 shares of the company’s stock worth $171,997,000 after buying an additional 44,006 shares during the period. Thomaspartners Inc. boosted its position in shares of Diageo PLC by 8.7% in the second quarter. Thomaspartners Inc. now owns 1,405,912 shares of the company’s stock worth $158,699,000 after buying an additional 112,510 shares during the period. HS Management Partners LLC boosted its position in shares of Diageo PLC by 20.1% in the second quarter. HS Management Partners LLC now owns 1,237,470 shares of the company’s stock worth $139,686,000 after buying an additional 207,200 shares during the period. BlackRock Investment Management LLC boosted its position in shares of Diageo PLC by 4.0% in the second quarter. BlackRock Investment Management LLC now owns 928,366 shares of the company’s stock worth $104,794,000 after buying an additional 35,643 shares during the period. Finally, Jarislowsky Fraser Ltd boosted its position in shares of Diageo PLC by 0.6% in the second quarter. Jarislowsky Fraser Ltd now owns 805,656 shares of the company’s stock worth $90,942,000 after buying an additional 5,114 shares during the period. 13.53% of the stock is currently owned by institutional investors and hedge funds.

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

Diageo PLC (NYSE:DEO) traded up 0.68% during midday trading on Friday, reaching $104.16. The company’s stock had a trading volume of 51,853 shares. The company has a market cap of $65.37 billion, a P/E ratio of 23.65 and a beta of 0.77. The firm has a 50 day moving average price of $102.35 and a 200-day moving average price of $109.45. Diageo PLC has a 12-month low of $99.46 and a 12-month high of $117.84.

TRADEMARK VIOLATION NOTICE: This report was first published by Web Breaking News and is owned by of Web Breaking News. If you are viewing this report on another publication, it was illegally stolen and reposted in violation of United States and international copyright law. The legal version of this report can be accessed at

DEO has been the topic of several research analyst reports. Zacks Investment Research cut Diageo PLC from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 5th. J P Morgan Chase & Co reissued a “buy” rating on shares of Diageo PLC in a research note on Wednesday, September 7th. Jefferies Group reissued a “buy” rating on shares of Diageo PLC in a research note on Tuesday, October 18th. HSBC raised Diageo PLC from a “hold” rating to a “buy” rating in a research note on Wednesday, October 26th. Finally, reissued an “outperform” rating on shares of Diageo PLC in a research note on Wednesday, October 5th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and six have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $141.21.

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

Want to see what other hedge funds are holding DEO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Diageo PLC (NYSE:DEO).

Receive News & Ratings for Diageo PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diageo PLC and related companies with MarketBeat.com's FREE daily email newsletter.

cheongsamwine

Copyright infringement? Click Here!