GAMMA Investing LLC lifted its position in Diageo plc (NYSE:DEO – Free Report) by 7.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,126 shares of the company’s stock after acquiring an additional 152 shares during the quarter. GAMMA Investing LLC’s holdings in Diageo were worth $316,000 at the end of the most recent reporting period.
Other institutional investors have also recently made changes to their positions in the company. Scarborough Advisors LLC purchased a new position in shares of Diageo during the fourth quarter valued at approximately $25,000. Planned Solutions Inc. bought a new stake in shares of Diageo during the 4th quarter worth approximately $27,000. Addison Advisors LLC boosted its holdings in Diageo by 97.3% during the 4th quarter. Addison Advisors LLC now owns 217 shares of the company’s stock valued at $32,000 after acquiring an additional 107 shares during the period. Criterion Capital Advisors LLC bought a new position in Diageo in the 4th quarter valued at $36,000. Finally, Accent Capital Management LLC purchased a new stake in Diageo in the fourth quarter worth $44,000. Institutional investors own 8.97% of the company’s stock.
Diageo Stock Down 1.8 %
NYSE:DEO opened at $129.39 on Thursday. The stock has a fifty day simple moving average of $137.53 and a 200-day simple moving average of $142.85. The company has a current ratio of 1.58, a quick ratio of 0.65 and a debt-to-equity ratio of 1.73. Diageo plc has a twelve month low of $129.11 and a twelve month high of $179.78.
About Diageo
Diageo plc, together with its subsidiaries, engages in the production, marketing, and sale of alcoholic beverages. It offers scotch, gin, vodka, rum, raki, liqueur, wine, tequila, Chinese white spirits, cachaça, and brandy, as well as beer, including cider and flavoured malt beverages. The company also provides Canadian, Irish, American, and Indian-Made Foreign Liquor whiskies, as well as ready to drink and non-alcoholic products.
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