Perennial Advisors LLC Buys 701 Shares of Diageo plc (NYSE:DEO)

Perennial Advisors LLC raised its stake in Diageo plc (NYSE:DEOFree Report) by 4.1% in the first quarter, Holdings Channel reports. The fund owned 17,651 shares of the company’s stock after purchasing an additional 701 shares during the quarter. Perennial Advisors LLC’s holdings in Diageo were worth $2,626,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Scarborough Advisors LLC bought a new position in Diageo in the 4th quarter valued at approximately $25,000. Planned Solutions Inc. bought a new position in Diageo in the 4th quarter valued at approximately $27,000. Addison Advisors LLC raised its holdings in Diageo by 97.3% in the 4th quarter. Addison Advisors LLC now owns 217 shares of the company’s stock valued at $32,000 after buying an additional 107 shares during the last quarter. Criterion Capital Advisors LLC bought a new position in Diageo in the 4th quarter valued at approximately $36,000. Finally, Accent Capital Management LLC bought a new position in Diageo in the 4th quarter valued at approximately $44,000. Institutional investors own 8.97% of the company’s stock.

Diageo Stock Up 1.6 %

NYSE DEO traded up $2.09 during trading hours on Thursday, reaching $131.48. The company’s stock had a trading volume of 1,023,244 shares, compared to its average volume of 736,445. The firm has a fifty day simple moving average of $137.34 and a 200-day simple moving average of $142.77. Diageo plc has a 52 week low of $129.11 and a 52 week high of $179.78. The company has a quick ratio of 0.65, a current ratio of 1.58 and a debt-to-equity ratio of 1.73.

Diageo Profile

(Free Report)

Diageo plc, together with its subsidiaries, engages in the production, marketing, and sale of alcoholic beverages. It offers scotch, gin, vodka, rum, raki, liqueur, wine, tequila, Chinese white spirits, cachaça, and brandy, as well as beer, including cider and flavoured malt beverages. The company also provides Canadian, Irish, American, and Indian-Made Foreign Liquor whiskies, as well as ready to drink and non-alcoholic products.

See Also

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Institutional Ownership by Quarter for Diageo (NYSE:DEO)

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