Northstar Investment Advisors LLC trimmed its holdings in shares of Diageo plc (NYSE:DEO) by 51.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 28,022 shares of the company’s stock after selling 29,364 shares during the quarter. Northstar Investment Advisors LLC’s holdings in Diageo were worth $4,829,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of DEO. Thoroughbred Financial Services LLC increased its position in shares of 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 purchasing an additional 1,650,672 shares during the last quarter. FMR LLC increased its position in shares of 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 purchasing an additional 264,083 shares during the last quarter. Lazard Asset Management LLC increased its position in shares of 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 purchasing an additional 190,003 shares during the last quarter. Northern Trust Corp increased its position in shares of 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 purchasing an additional 85,578 shares during the last quarter. Finally, Parametric Portfolio Associates LLC increased its position in shares of 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 purchasing an additional 82,270 shares during the last quarter. 10.37% of the stock is owned by hedge funds and other institutional investors.

A number of equities analysts recently commented on the company. Zacks Investment Research upgraded GALP ENERGIA SG/ADR from a “sell” rating to a “hold” rating in a report on Monday, May 27th. Kepler Capital Markets restated a “hold” rating on shares of HEIDELBERGCEMEN/ADR in a report on Tuesday, July 9th. Finally, Barclays restated a “sell” rating on shares of easyJet in a report on Monday, April 1st. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company’s stock. Diageo presently has an average rating of “Hold” and a consensus price target of $178.00.

Shares of Diageo stock opened at $165.08 on Friday. The firm’s 50-day moving average price is $171.64. Diageo plc has a 12 month low of $131.43 and a 12 month high of $176.07. The stock has a market cap of $100.60 billion, a PE ratio of 24.46, a price-to-earnings-growth ratio of 2.86 and a beta of 0.49. The company has a quick ratio of 0.73, a current ratio of 1.48 and a debt-to-equity ratio of 0.94.

About Diageo

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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