Shares of Diageo plc (NYSE:DEO) have received a consensus recommendation of “Hold” from the twelve analysts that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and six have assigned a buy rating to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $153.75.

A number of brokerages have recently issued reports on DEO. Zacks Investment Research cut Diageo from a “buy” rating to a “hold” rating in a report on Wednesday, October 18th. Jefferies Group set a $157.00 target price on Diageo and gave the stock a “buy” rating in a report on Thursday, January 11th. Royal Bank of Canada cut Diageo from an “outperform” rating to a “sector perform” rating in a report on Monday, January 29th. They noted that the move was a valuation call. Finally, BNP Paribas cut Diageo from an “outperform” rating to a “neutral” rating in a report on Monday, January 29th.

Diageo (NYSE DEO) opened at $138.54 on Thursday. Diageo has a one year low of $110.92 and a one year high of $147.62. The company has a current ratio of 1.31, a quick ratio of 0.63 and a debt-to-equity ratio of 0.69. The company has a market cap of $85,100.00, a PE ratio of 19.60, a PEG ratio of 2.83 and a beta of 0.71.

The company also recently announced a semiannual dividend, which will be paid on Wednesday, April 11th. Stockholders of record on Friday, February 23rd will be issued a dividend of $1.4232 per share. This represents a dividend yield of 1.96%. The ex-dividend date of this dividend is Thursday, February 22nd. Diageo’s payout ratio is currently 45.26%.

Large investors have recently modified their holdings of the company. Gotham Asset Management LLC purchased a new stake in shares of Diageo during the 2nd quarter worth about $278,000. Crossmark Global Holdings Inc. purchased a new position in Diageo in the 3rd quarter worth approximately $3,257,000. Segment Wealth Management LLC boosted its holdings in Diageo by 9.0% in the 4th quarter. Segment Wealth Management LLC now owns 17,583 shares of the company’s stock worth $2,567,000 after acquiring an additional 1,455 shares during the period. M Holdings Securities Inc. boosted its holdings in Diageo by 33.3% in the 2nd quarter. M Holdings Securities Inc. now owns 3,107 shares of the company’s stock worth $372,000 after acquiring an additional 777 shares during the period. Finally, Cobblestone Capital Advisors LLC NY boosted its holdings in Diageo by 1.3% in the 3rd quarter. Cobblestone Capital Advisors LLC NY now owns 68,485 shares of the company’s stock worth $9,049,000 after acquiring an additional 855 shares during the period. Institutional investors and hedge funds own 12.17% of the company’s stock.

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About Diageo

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.

Analyst Recommendations for Diageo (NYSE:DEO)

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