HPM Partners LLC grew its holdings in shares of Diageo PLC (NYSE:DEO) by 1.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,168 shares of the company’s stock after buying an additional 42 shares during the period. HPM Partners LLC’s holdings in Diageo PLC were worth $499,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Carret Asset Management LLC boosted its holdings in shares of Diageo PLC by 0.5% during the 1st quarter. Carret Asset Management LLC now owns 3,064 shares of the company’s stock valued at $354,000 after buying an additional 15 shares in the last quarter. Parkside Financial Bank & Trust boosted its holdings in shares of Diageo PLC by 0.8% during the 2nd quarter. Parkside Financial Bank & Trust now owns 2,526 shares of the company’s stock valued at $303,000 after buying an additional 20 shares in the last quarter. Investment Centers of America Inc. boosted its holdings in shares of Diageo PLC by 0.3% during the 1st quarter. Investment Centers of America Inc. now owns 6,579 shares of the company’s stock valued at $761,000 after buying an additional 22 shares in the last quarter. Capital One National Association boosted its holdings in shares of Diageo PLC by 0.7% during the 2nd quarter. Capital One National Association now owns 3,119 shares of the company’s stock valued at $374,000 after buying an additional 22 shares in the last quarter. Finally, Sterling Investment Advisors Ltd. boosted its holdings in shares of Diageo PLC by 0.3% during the 2nd quarter. Sterling Investment Advisors Ltd. now owns 9,251 shares of the company’s stock valued at $1,109,000 after buying an additional 26 shares in the last quarter. Hedge funds and other institutional investors own 11.72% of the company’s stock.

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Diageo PLC (NYSE:DEO) opened at 136.63 on Monday. Diageo PLC has a 12 month low of $99.46 and a 12 month high of $137.34. The firm has a 50-day moving average price of $130.78 and a 200-day moving average price of $121.15. The stock has a market cap of $85.85 billion, a price-to-earnings ratio of 25.15 and a beta of 0.75.

The firm also recently declared a semiannual dividend, which will be paid on Wednesday, October 11th. Shareholders of record on Friday, August 11th will be issued a $2.0322 dividend. This represents a yield of 3.12%. The ex-dividend date is Wednesday, August 9th. This is an increase from Diageo PLC’s previous semiannual dividend of $1.19.

A number of analysts have recently commented on the stock. Jefferies Group LLC set a $142.00 target price on shares of Diageo PLC and gave the company a “buy” rating in a report on Saturday, June 17th. BidaskClub upgraded shares of Diageo PLC from a “hold” rating to a “buy” rating in a report on Friday, August 18th. Sanford C. Bernstein upgraded shares of Diageo PLC from a “market perform” rating to an “outperform” rating and boosted their target price for the company from $142.36 to $153.00 in a report on Friday, July 28th. Citigroup Inc. cut shares of Diageo PLC from a “buy” rating to a “neutral” rating in a report on Thursday, May 25th. Finally, Zacks Investment Research raised Diageo PLC from a “hold” rating to a “buy” rating and set a $149.00 price target for the company in a research report on Tuesday, August 22nd. Three research analysts have rated the stock with a sell rating, one has given a hold rating and nine have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $146.55.

Diageo PLC 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.

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

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