Sen. Tommy Tuberville Sells Off Shares of Diageo plc (NYSE:DEO)

Senator Tommy Tuberville (R-Alabama) recently sold shares of Diageo plc (NYSE:DEO). In a filing disclosed on February 14th, the Senator disclosed that they had sold between $15,001 and $50,000 in Diageo stock on January 10th.

Senator Tommy Tuberville also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of Apple (NASDAQ:AAPL) on 1/10/2025.
• Sold $15,001 – $50,000 in shares of Microsoft (NASDAQ:MSFT) on 1/10/2025.
• Sold $15,001 – $50,000 in shares of Tractor Supply (NASDAQ:TSCO) on 1/10/2025.
• Sold $15,001 – $50,000 in shares of Texas Instruments (NASDAQ:TXN) on 1/10/2025.
• Sold $1,001 – $15,000 in shares of Carrier Global (NYSE:CARR) on 1/10/2025.

Diageo Price Performance

NYSE:DEO opened at $107.45 on Friday. Diageo plc has a twelve month low of $105.72 and a twelve month high of $154.71. The company has a debt-to-equity ratio of 1.62, a current ratio of 1.60 and a quick ratio of 0.55. The company’s 50-day moving average price is $121.08 and its 200-day moving average price is $125.99.

Diageo Announces Dividend

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

Hedge Funds Weigh In On Diageo

Hedge funds and other institutional investors have recently bought and sold shares of the company. Global Retirement Partners LLC grew its position in Diageo by 1.1% during the third quarter. Global Retirement Partners LLC now owns 8,146 shares of the company’s stock worth $1,143,000 after buying an additional 85 shares during the period. Alliance Wealth Advisors LLC UT lifted its holdings in shares of Diageo by 2.6% during the 4th quarter. Alliance Wealth Advisors LLC UT now owns 3,383 shares of the company’s stock worth $430,000 after acquiring an additional 86 shares during the period. Savant Capital LLC raised its position in shares of Diageo by 5.0% in the 4th quarter. Savant Capital LLC now owns 1,864 shares of the company’s stock worth $237,000 after buying an additional 88 shares during the period. GeoWealth Management LLC raised its holdings in Diageo by 1.3% in the fourth quarter. GeoWealth Management LLC now owns 6,944 shares of the company’s stock valued at $883,000 after buying an additional 92 shares during the period. Finally, Diversified Trust Co increased its holdings in Diageo by 5.6% in the 4th quarter. Diversified Trust Co now owns 1,855 shares of the company’s stock valued at $236,000 after purchasing an additional 98 shares in the last quarter. 8.97% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on DEO shares. UBS Group raised shares of Diageo from a “sell” rating to a “buy” rating in a report on Wednesday, December 11th. 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. Finally, Jefferies Financial Group raised shares of Diageo from a “hold” rating to a “buy” rating in a report on Thursday, December 5th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, Diageo presently has a consensus rating of “Hold” and a consensus price target of $129.00.

About Senator Tuberville

Tommy Tuberville (Republican Party) (also known as Coach) is a member of the U.S. Senate from Alabama. He assumed office on January 3, 2021. His current term ends on January 3, 2027. Tuberville (Republican Party) ran for election to the U.S. Senate to represent Alabama. He won in the general election on November 3, 2020. Tuberville was head coach for several college football teams between 1995 and 2016, including at Auburn University and the University of Cincinnati. Tommy Tuberville was born in Camden, Arkansas, and lives in Auburn, Alabama. Tuberville’s career experience includes working as a studio analyst with ESPN and as the head football coach of the University of Mississippi, the University of Auburn, Texas Tech University, and the University of Cincinnati.

Diageo Company 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.