Diageo PLC (DEO) Position Maintained by Fort Washington Investment Advisors Inc. OH

Fort Washington Investment Advisors Inc. OH continued to hold its stake in Diageo PLC (NYSE:DEO) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,935 shares of the company’s stock at the end of the 2nd quarter. Fort Washington Investment Advisors Inc. OH’s holdings in Diageo PLC were worth $2,269,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in DEO. Canada Pension Plan Investment Board increased its position in shares of Diageo PLC by 2,076.4% during the 1st quarter. Canada Pension Plan Investment Board now owns 9,054 shares of the company’s stock worth $1,046,000 after purchasing an additional 8,638 shares in the last quarter. Gabelli Funds LLC increased its position in shares of Diageo PLC by 2.6% during the 1st quarter. Gabelli Funds LLC now owns 816,400 shares of the company’s stock worth $94,360,000 after purchasing an additional 20,400 shares in the last quarter. Northstar Investment Advisors LLC increased its position in shares of Diageo PLC by 12.4% during the 1st quarter. Northstar Investment Advisors LLC now owns 66,433 shares of the company’s stock worth $7,678,000 after purchasing an additional 7,329 shares in the last quarter. Teza Capital Management LLC acquired a new stake in shares of Diageo PLC during the 1st quarter worth about $264,000. Finally, Morningstar Investment Services LLC increased its position in shares of Diageo PLC by 30.3% during the 1st quarter. Morningstar Investment Services LLC now owns 39,983 shares of the company’s stock worth $4,621,000 after purchasing an additional 9,302 shares in the last quarter. Institutional investors and hedge funds own 11.72% of the company’s stock.

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A number of equities research analysts recently issued reports on DEO shares. Societe Generale upgraded shares of Diageo PLC from a “hold” rating to a “buy” rating in a research report on Monday, June 26th. BidaskClub upgraded shares of Diageo PLC from a “hold” rating to a “buy” rating in a research report on Wednesday, June 21st. Jefferies Group LLC set a $142.00 target price on shares of Diageo PLC and gave the stock a “buy” rating in a research report on Saturday, June 17th. Zacks Investment Research upgraded shares of Diageo PLC from a “hold” rating to a “buy” rating and set a $149.00 target price for the company in a research report on Tuesday, August 22nd. Finally, Berenberg Bank cut shares of Diageo PLC from a “buy” rating to a “hold” rating in a research report on Wednesday. Three research analysts have rated the stock with a sell rating, two have given a hold rating and nine have issued a buy rating to the stock. Diageo PLC has an average rating of “Hold” and a consensus price target of $146.55.

Shares of Diageo PLC (NYSE DEO) opened at 134.93 on Friday. The firm has a 50-day moving average of $132.63 and a 200 day moving average of $121.76. The firm has a market cap of $84.79 billion, a PE ratio of 24.73 and a beta of 0.75. Diageo PLC has a 52-week low of $99.46 and a 52-week high of $137.59.

The business also recently announced a semiannual dividend, which will be paid on Wednesday, October 11th. Stockholders of record on Friday, August 11th will be issued a $2.0322 dividend. The ex-dividend date of this dividend is Wednesday, August 9th. This represents a dividend yield of 3.12%. This is a boost from Diageo PLC’s previous semiannual dividend of $1.19.

Diageo PLC Profile

Diageo PLC is an alcoholic beverage company. The Company operates in various categories, including spirits and beer. Its geographic segments include North America; Europe, Russia and Turkey; Africa; Latin America and Caribbean, and Asia Pacific. Its principal products includes Scotch whisky, Gin, Vodka, Rum, Beer, Irish Cream Liqueur, Wine, Raki, Tequila, Canadian Whisky, American Whiskey, Progressive Adult Beverages, Cachaca, Brandy and Ready to Drink.

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Institutional Ownership by Quarter for Diageo PLC (NYSE:DEO)

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