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

Yousif Capital Management LLC reduced its position in Diageo plc (NYSE:DEO) by 24.2% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 6,278 shares of the company’s stock after selling 2,000 shares during the quarter. Yousif Capital Management LLC’s holdings in Diageo were worth $798,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of DEO. Brooklyn Investment Group purchased a new stake in shares of Diageo during the 3rd quarter worth approximately $25,000. Eastern Bank grew its holdings in Diageo by 107.8% in the fourth quarter. Eastern Bank now owns 241 shares of the company’s stock valued at $31,000 after purchasing an additional 125 shares during the last quarter. Concord Wealth Partners purchased a new position in shares of Diageo in the third quarter valued at $38,000. Modus Advisors LLC purchased a new position in shares of Diageo in the fourth quarter valued at $35,000. Finally, Heck Capital Advisors LLC purchased a new stake in shares of Diageo in the 4th quarter worth about $47,000. Hedge funds and other institutional investors own 8.97% of the company’s stock.

Diageo Stock Down 1.8 %

Diageo stock opened at $107.45 on Friday. Diageo plc has a 12-month low of $105.72 and a 12-month high of $154.71. The company has a quick ratio of 0.55, a current ratio of 1.60 and a debt-to-equity ratio of 1.62. The firm’s 50-day moving average is $121.08 and its two-hundred day moving average is $125.99.

Diageo Announces Dividend

The company also recently announced a semi-annual dividend, which will be paid on Thursday, April 24th. Shareholders of record on Friday, February 28th will be paid a $1.62 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a yield of 3.8%.

Analyst Ratings Changes

Several equities analysts have weighed in on DEO shares. TD Cowen raised their target price on shares of Diageo from $124.00 to $129.00 and gave the company a “hold” rating in a report on Wednesday, January 8th. Jefferies Financial Group raised shares of Diageo from a “hold” rating to a “buy” rating in a research note on Thursday, December 5th. Finally, UBS Group raised Diageo from a “sell” rating to a “buy” rating in a research note on Wednesday, December 11th. One analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $129.00.

Diageo Profile

Diageo plc, together with its subsidiaries, engages in the production, marketing, and sale of alcoholic beverages. The company offers scotch, gin, vodka, rum, raki, liqueur, wine, tequila, Chinese white spirits, cachaça, and brandy, as well as beer, including cider and flavored malt beverages. It also provides Chinese, Canadian, Irish, American, and Indian-Made Foreign Liquor whiskies, as well as flavored malt beverages, ready to drink, and non-alcoholic products.