Norman Fields Gottscho Capital Management LLC Sells 165 Shares of Diageo plc (NYSE:DEO)

Norman Fields Gottscho Capital Management LLC cut its stake in shares of Diageo plc (NYSE:DEO) by 4.4% during the 4th quarter, Holdings Channel.com reports. The fund owned 3,610 shares of the company’s stock after selling 165 shares during the period. Norman Fields Gottscho Capital Management LLC’s holdings in Diageo were worth $459,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Citigroup Inc. lifted its position in shares of Diageo by 4.4% during the third quarter. Citigroup Inc. now owns 158,428 shares of the company’s stock valued at $22,234,000 after purchasing an additional 6,617 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in shares of Diageo by 32.8% in the 3rd quarter. BNP Paribas Financial Markets now owns 65,894 shares of the company’s stock worth $9,248,000 after buying an additional 16,285 shares during the last quarter. FMR LLC grew its holdings in shares of Diageo by 9.1% in the third quarter. FMR LLC now owns 5,242,065 shares of the company’s stock valued at $735,671,000 after acquiring an additional 437,646 shares in the last quarter. Quantinno Capital Management LP increased its position in shares of Diageo by 420.5% during the third quarter. Quantinno Capital Management LP now owns 39,189 shares of the company’s stock valued at $5,500,000 after acquiring an additional 31,660 shares during the last quarter. Finally, CIBC Asset Management Inc lifted its holdings in Diageo by 106.2% during the third quarter. CIBC Asset Management Inc now owns 31,643 shares of the company’s stock worth $4,441,000 after acquiring an additional 16,300 shares during the period. 8.97% of the stock is owned by hedge funds and other institutional investors.

Diageo Stock Performance

Shares of DEO opened at $125.35 on Tuesday. Diageo plc has a fifty-two week low of $117.72 and a fifty-two week high of $154.71. The business has a 50-day moving average of $123.35 and a 200 day moving average of $128.44. The company has a debt-to-equity ratio of 1.62, a current ratio of 1.53 and a quick ratio of 0.55.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on DEO shares. Jefferies Financial Group raised Diageo from a “hold” rating to a “buy” rating in a research report on Thursday, December 5th. UBS Group raised shares of Diageo from a “sell” rating to a “buy” rating in a research report on Wednesday, December 11th. Finally, Bank of America upgraded shares of Diageo from a “neutral” rating to a “buy” rating in a research note on Thursday, September 12th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold”.

Diageo Profile

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