Hantz Financial Services Inc. Increases Stock Position in Diageo plc $DEO

by · The Cerbat Gem

Hantz Financial Services Inc. grew its position in Diageo plc (NYSE:DEO – Free Report) by 22.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 47,886 shares of the company’s stock after purchasing an additional 8,738 shares during the period. Hantz Financial Services Inc.’s holdings in Diageo were worth $4,131,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. MQS Management LLC increased its holdings in Diageo by 14.4% during the fourth quarter. MQS Management LLC now owns 4,950 shares of the company’s stock worth $427,000 after buying an additional 623 shares during the last quarter. Lloyd Advisory Services LLC. purchased a new stake in Diageo during the fourth quarter worth about $69,000. Markel Group Inc. increased its holdings in Diageo by 0.4% during the fourth quarter. Markel Group Inc. now owns 1,371,708 shares of the company’s stock worth $118,337,000 after buying an additional 5,000 shares during the last quarter. Keudell Morrison Wealth Management purchased a new stake in Diageo during the fourth quarter worth about $274,000. Finally, Global Retirement Partners LLC increased its holdings in Diageo by 83.8% during the fourth quarter. Global Retirement Partners LLC now owns 6,385 shares of the company’s stock worth $551,000 after buying an additional 2,912 shares during the last quarter. Hedge funds and other institutional investors own 8.97% of the company’s stock.

Diageo Trading Up 0.0%

Shares of NYSE:DEO opened at $86.17 on Tuesday. The company has a current ratio of 1.60, a quick ratio of 0.71 and a debt-to-equity ratio of 1.53. Diageo plc has a twelve month low of $72.45 and a twelve month high of $116.41. The company has a 50-day moving average price of $78.89 and a two-hundred day moving average price of $86.30.

Diageo Announces Dividend

The firm also recently announced a dividend, which will be paid on Thursday, June 4th. Shareholders of record on Friday, April 17th will be given a dividend of $0.80 per share. This represents a yield of 195.0%. The ex-dividend date is Friday, April 17th.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft upgraded shares of Diageo from a “hold” rating to a “buy” rating in a report on Tuesday, March 31st. Argus upgraded shares of Diageo to a “hold” rating in a report on Tuesday, March 10th. BNP Paribas Exane upgraded shares of Diageo from an “underperform” rating to a “neutral” rating in a report on Wednesday, March 25th. Zacks Research upgraded shares of Diageo from a “strong sell” rating to a “hold” rating in a report on Monday, March 23rd. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Diageo in a report on Monday, April 20th. Five analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $116.50.

Check Out Our Latest Report on Diageo

Diageo Company Profile

(Free Report)

Diageo plc is a global producer, marketer and distributor of alcoholic beverages, headquartered in London, England. The company was created through the 1997 merger of Guinness plc and Grand Metropolitan plc and is publicly traded on multiple exchanges, including the New York Stock Exchange (NYSE: DEO) and the London Stock Exchange. Diageo operates a worldwide business, selling products in a broad range of markets across the Americas, Europe, Africa, Asia and Latin America.

Diageo’s core activities cover the production, marketing and sale of a diverse portfolio of spirits, beer and liqueurs.

See Also

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