Diageo plc (LON:DGE) Insider Acquires £8,279.01 in Stock

Diageo plc (LON:DGE) insider Javier Ferrán bought 243 shares of the stock in a transaction that occurred on Monday, August 12th. The shares were purchased at an average price of GBX 3,407 ($44.52) per share, with a total value of £8,279.01 ($10,817.99).

Javier Ferrán also recently made the following trade(s):

  • On Friday, July 26th, Javier Ferrán bought 30,000 shares of Diageo stock. The shares were purchased at an average price of GBX 3,285 ($42.92) per share, with a total value of £985,500 ($1,287,730.30).

Shares of DGE opened at GBX 3,407 ($44.52) on Thursday. The firm has a 50-day moving average of GBX 3,401.60. The company has a quick ratio of 0.53, a current ratio of 1.34 and a debt-to-equity ratio of 124.84. The stock has a market cap of $80.81 billion and a PE ratio of 26.19. Diageo plc has a 1 year low of GBX 2,513 ($32.84) and a 1 year high of GBX 3,538 ($46.23).

The business also recently disclosed a dividend, which will be paid on Thursday, October 3rd. Stockholders of record on Thursday, August 8th will be paid a GBX 42.47 ($0.55) dividend. This represents a dividend yield of 1.3%. The ex-dividend date is Thursday, August 8th. This is a boost from Diageo’s previous dividend of $26.10. Diageo’s dividend payout ratio (DPR) is presently 0.53%.

A number of equities analysts recently commented on DGE shares. Credit Suisse Group set a GBX 3,750 ($49.00) target price on Diageo and gave the company a “buy” rating in a report on Tuesday, August 6th. Sanford C. Bernstein set a GBX 2,980 ($38.94) price objective on Diageo and gave the company a “sell” rating in a research note on Thursday, July 25th. Citigroup reiterated a “buy” rating and issued a GBX 3,500 ($45.73) price objective on shares of Diageo in a research note on Wednesday, May 15th. Kepler Capital Markets cut Diageo to a “hold” rating and lifted their price objective for the company from GBX 3,300 ($43.12) to GBX 3,400 ($44.43) in a research note on Tuesday, July 9th. Finally, Berenberg Bank set a GBX 2,860 ($37.37) price objective on Diageo and gave the company a “neutral” rating in a research note on Friday, July 26th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and seven have issued a buy rating to the stock. Diageo has an average rating of “Hold” and an average target price of GBX 3,355.36 ($43.84).

About Diageo

Diageo plc, together with its subsidiaries, produces, markets, and sells alcoholic beverages worldwide. The company offers a collection of brands across spirits, beer, cider, and wine categories. Its brands include Johnnie Walker, Crown Royal, J&B, Buchanan's and Windsor whiskies, Smirnoff, Cîroc and Ketel One vodkas, Captain Morgan, Baileys, Don Julio, Bundaberg, McDowell's No.

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Insider Buying and Selling by Quarter for Diageo (LON:DGE)

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