Allworth Financial LP increased its holdings in shares of Diageo plc (NYSE:DEO – Get Rating) by 36.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 841 shares of the company's stock after purchasing an additional 224 shares during the period. Allworth Financial LP's holdings in Diageo were worth $146,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of DEO. BNP Paribas Arbitrage SA boosted its stake in Diageo by 1,416,332.2% during the 1st quarter. BNP Paribas Arbitrage SA now owns 1,671,390 shares of the company's stock worth $339,526,000 after purchasing an additional 1,671,272 shares during the period. Aaron Wealth Advisors LLC lifted its stake in shares of Diageo by 19,795.6% in the 1st quarter. Aaron Wealth Advisors LLC now owns 415,421 shares of the company's stock worth $2,045,000 after acquiring an additional 413,333 shares during the period. Gluskin Sheff & Assoc Inc. acquired a new stake in shares of Diageo in the 4th quarter worth $13,286,000. Cambiar Investors LLC acquired a new stake in shares of Diageo in the 1st quarter worth $20,194,000. Finally, HS Management Partners LLC lifted its stake in shares of Diageo by 22.4% in the 1st quarter. HS Management Partners LLC now owns 479,706 shares of the company's stock worth $97,447,000 after acquiring an additional 87,681 shares during the period. Institutional investors and hedge funds own 9.00% of the company's stock.

Diageo Price Performance

NYSE:DEO opened at $166.96 on Tuesday. The company has a debt-to-equity ratio of 1.60, a quick ratio of 0.69 and a current ratio of 1.53. The firm has a 50-day moving average price of $181.38 and a two-hundred day moving average price of $186.32. Diageo plc has a twelve month low of $165.50 and a twelve month high of $223.14.

Diageo Increases Dividend

Wall Street Analyst Weigh In

DEO has been the subject of several recent analyst reports. StockNews.com upgraded shares of Diageo from a "hold" rating to a "buy" rating in a research note on Friday, July 29th. Exane BNP Paribas cut shares of Diageo from an "outperform" rating to a "neutral" rating in a research note on Tuesday, September 6th. Kepler Capital Markets downgraded shares of Diageo from a "buy" rating to a "hold" rating in a report on Wednesday, June 29th. BNP Paribas downgraded shares of Diageo to a "neutral" rating in a report on Tuesday, September 6th. Finally, Barclays increased their price target on shares of Diageo from GBX 5,040 ($60.90) to GBX 5,430 ($65.61) in a report on Friday, July 29th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the company's stock. According to MarketBeat, Diageo has an average rating of "Hold" and a consensus price target of $4,198.75.

About Diageo

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Diageo plc, together with its subsidiaries, produces, markets, and sells alcoholic beverages. The company offers scotch, whisky, gin, vodka, rum, ready to drink products, raki, liqueur, wine, tequila, Canadian whisky, American whiskey, cachaca, and brandy, as well as beer, including cider and non-alcoholic products.

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