American Financial Network Advisory Services LLC Sells 100 Shares of Diageo plc (DEO)

Share on StockTwits

American Financial Network Advisory Services LLC lowered its position in shares of Diageo plc (NYSE:DEO) by 7.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,337 shares of the company’s stock after selling 100 shares during the period. American Financial Network Advisory Services LLC’s holdings in Diageo were worth $219,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Acima Private Wealth LLC increased its stake in Diageo by 29.3% during the 1st quarter. Acima Private Wealth LLC now owns 265 shares of the company’s stock worth $43,000 after acquiring an additional 60 shares during the period. Grove Bank & Trust increased its stake in Diageo by 3.2% during the 1st quarter. Grove Bank & Trust now owns 1,996 shares of the company’s stock worth $326,000 after acquiring an additional 61 shares during the period. Capital Insight Partners LLC increased its stake in Diageo by 0.7% during the 1st quarter. Capital Insight Partners LLC now owns 8,739 shares of the company’s stock worth $1,430,000 after acquiring an additional 65 shares during the period. Moody National Bank Trust Division increased its stake in Diageo by 0.6% during the 1st quarter. Moody National Bank Trust Division now owns 10,772 shares of the company’s stock worth $1,762,000 after acquiring an additional 65 shares during the period. Finally, Smithfield Trust Co. increased its stake in Diageo by 2.2% during the 1st quarter. Smithfield Trust Co. now owns 3,084 shares of the company’s stock worth $505,000 after acquiring an additional 65 shares during the period. Institutional investors own 10.55% of the company’s stock.

DEO has been the topic of a number of research analyst reports. Investec downgraded Diageo from a “hold” rating to a “sell” rating in a report on Monday, March 25th. Barclays initiated coverage on Diageo in a report on Monday, April 1st. They issued an “overweight” rating on the stock. Zacks Investment Research raised Diageo from a “sell” rating to a “hold” rating in a report on Tuesday, April 23rd. Finally, Liberum Capital raised Diageo from a “sell” rating to a “hold” rating in a report on Thursday, January 31st. Two analysts have rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $164.75.

Shares of DEO stock opened at $169.49 on Tuesday. The firm has a market capitalization of $103.77 billion, a price-to-earnings ratio of 26.69, a price-to-earnings-growth ratio of 3.01 and a beta of 0.54. Diageo plc has a fifty-two week low of $131.43 and a fifty-two week high of $171.58. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.73 and a current ratio of 1.48.

WARNING: “American Financial Network Advisory Services LLC Sells 100 Shares of Diageo plc (DEO)” was reported by Highlight Press and is the property of of Highlight Press. If you are accessing this piece on another site, it was stolen and republished in violation of United States and international copyright law. The legal version of this piece can be accessed at https://highlightpress.com/2019/05/21/american-financial-network-advisory-services-llc-sells-100-shares-of-diageo-plc-deo.html.

Diageo Profile

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.

Featured Story: What is the quiet period?

Want to see what other hedge funds are holding DEO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Diageo plc (NYSE:DEO).

Institutional Ownership by Quarter for Diageo (NYSE:DEO)

Receive News & Ratings for Diageo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diageo and related companies with MarketBeat.com's FREE daily email newsletter.