Diageo PLC (DEO) Stake Held by OLD Mission Capital LLC

OLD Mission Capital LLC held its position in shares of Diageo PLC (NYSE:DEO) during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 2,027 shares of the company’s stock at the end of the 2nd quarter. OLD Mission Capital LLC’s holdings in Diageo PLC were worth $234,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of DEO. BlackRock Inc. grew its holdings in Diageo PLC by 13,115.4% in the 1st quarter. BlackRock Inc. now owns 1,750,247 shares of the company’s stock valued at $202,293,000 after buying an additional 1,737,003 shares during the period. Bank of America Corp DE grew its holdings in Diageo PLC by 6.1% in the 1st quarter. Bank of America Corp DE now owns 6,718,407 shares of the company’s stock valued at $776,513,000 after buying an additional 385,257 shares during the period. Arrowstreet Capital Limited Partnership grew its holdings in Diageo PLC by 29.0% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,475,331 shares of the company’s stock valued at $176,789,000 after buying an additional 332,046 shares during the period. Morgan Stanley grew its holdings in Diageo PLC by 12.6% in the 1st quarter. Morgan Stanley now owns 1,958,009 shares of the company’s stock valued at $226,307,000 after buying an additional 218,450 shares during the period. Finally, Oppenheimer Asset Management Inc. purchased a new stake in Diageo PLC in the 1st quarter valued at about $14,790,000. Institutional investors own 11.70% of the company’s stock.

Several analysts have commented on DEO shares. Jefferies Group LLC restated a “buy” rating and issued a $155.40 price target (up previously from $155.20) on shares of Diageo PLC in a report on Saturday, September 30th. Societe Generale upgraded Diageo PLC from a “hold” rating to a “buy” rating in a report on Monday, June 26th. BidaskClub upgraded Diageo PLC from a “hold” rating to a “buy” rating in a report on Wednesday, June 21st. Zacks Investment Research upgraded Diageo PLC from a “hold” rating to a “buy” rating and set a $149.00 price target for the company in a report on Tuesday, August 22nd. Finally, Berenberg Bank cut Diageo PLC from a “buy” rating to a “hold” rating in a report on Wednesday, September 13th. Three investment analysts have rated the stock with a sell rating, two have issued a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $152.35.

Diageo PLC (NYSE:DEO) traded up 0.24% during trading on Wednesday, hitting $135.52. The stock had a trading volume of 124,350 shares. The company has a market cap of $85.10 billion, a P/E ratio of 24.34 and a beta of 0.73. Diageo PLC has a 12-month low of $99.46 and a 12-month high of $137.59. The company has a 50 day moving average of $133.51 and a 200-day moving average of $124.32.

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

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About Diageo PLC

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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