Diageo plc (NYSE:DEO) Shares Sold by Lindbrook Capital LLC

Lindbrook Capital LLC lowered its stake in shares of Diageo plc (NYSE:DEO) by 6.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,769 shares of the company’s stock after selling 121 shares during the quarter. Lindbrook Capital LLC’s holdings in Diageo were worth $304,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Thoroughbred Financial Services LLC boosted its position in Diageo by 17,346.3% during the 2nd quarter. Thoroughbred Financial Services LLC now owns 1,660,188 shares of the company’s stock worth $166,019,000 after acquiring an additional 1,650,672 shares during the period. FMR LLC boosted its position in Diageo by 586.2% during the 1st quarter. FMR LLC now owns 309,135 shares of the company’s stock worth $50,578,000 after acquiring an additional 264,083 shares during the period. Lazard Asset Management LLC boosted its position in Diageo by 393.1% during the 1st quarter. Lazard Asset Management LLC now owns 238,339 shares of the company’s stock worth $38,994,000 after acquiring an additional 190,003 shares during the period. Northern Trust Corp boosted its position in Diageo by 11.3% during the 1st quarter. Northern Trust Corp now owns 844,162 shares of the company’s stock worth $138,113,000 after acquiring an additional 85,578 shares during the period. Finally, Parametric Portfolio Associates LLC boosted its position in Diageo by 9.9% during the 1st quarter. Parametric Portfolio Associates LLC now owns 916,531 shares of the company’s stock worth $149,954,000 after acquiring an additional 82,270 shares during the period. Institutional investors and hedge funds own 10.62% of the company’s stock.

DEO opened at $166.82 on Friday. Diageo plc has a one year low of $131.43 and a one year high of $176.07. The company has a quick ratio of 0.73, a current ratio of 1.34 and a debt-to-equity ratio of 1.06. The stock has a fifty day moving average price of $170.78. The company has a market cap of $101.66 billion, a P/E ratio of 24.71, a PEG ratio of 2.88 and a beta of 0.47.

The company also recently disclosed a Semi-Annual dividend, which will be paid on Tuesday, October 8th. Stockholders of record on Friday, August 9th will be paid a $2.111 dividend. The ex-dividend date of this dividend is Thursday, August 8th. This is an increase from Diageo’s previous Semi-Annual dividend of $0.19. Diageo’s payout ratio is currently 40.15%.

A number of research analysts have issued reports on DEO shares. Kepler Capital Markets lowered Diageo from a “buy” rating to a “hold” rating in a research report on Tuesday, July 9th. Zacks Investment Research upgraded Diageo from a “sell” rating to a “hold” rating and set a $178.00 price target for the company in a research report on Monday, May 27th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $178.00.

Diageo Profile

Diageo plc, together with its subsidiaries, produces, markets, and sells alcoholic beverages worldwide. The company offers a collection of brands across spirits, beer, cider, and wine categories. Its brands include Johnnie Walker, Crown Royal, J&B, Buchanan's and Windsor whiskies, Smirnoff, Cîroc and Ketel One vodkas, Captain Morgan, Baileys, Don Julio, Bundaberg, McDowell's No.

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Institutional Ownership by Quarter for Diageo (NYSE:DEO)

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