Cambridge Investment Research Advisors Inc. lifted its position in Diageo plc (NYSE:DEO) by 3.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 39,881 shares of the company’s stock after acquiring an additional 1,485 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in Diageo were worth $5,650,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. TRUE Private Wealth Advisors acquired a new position in shares of Diageo in the 3rd quarter valued at $105,000. NumerixS Investment Technologies Inc acquired a new position in shares of Diageo in the 2nd quarter valued at $115,000. Centaurus Financial Inc. acquired a new position in shares of Diageo in the 2nd quarter valued at $123,000. Westbourne Investment Advisors Inc. acquired a new position in shares of Diageo in the 3rd quarter valued at $142,000. Finally, Massey Quick Simon & CO. LLC boosted its holdings in Diageo by 1,212.0% in the second quarter. Massey Quick Simon & CO. LLC now owns 1,312 shares of the company’s stock valued at $188,000 after purchasing an additional 1,212 shares during the last quarter. 11.32% of the stock is currently owned by hedge funds and other institutional investors.
NYSE:DEO opened at $142.33 on Friday. Diageo plc has a one year low of $131.22 and a one year high of $151.30. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.58 and a current ratio of 1.37.
COPYRIGHT VIOLATION WARNING: “Cambridge Investment Research Advisors Inc. Grows Position in Diageo plc (DEO)” was reported by WKRB News and is the sole property of of WKRB News. If you are viewing this story on another site, it was copied illegally and reposted in violation of U.S. and international trademark & copyright laws. The legal version of this story can be read at https://www.wkrb13.com/2018/11/11/cambridge-investment-research-advisors-inc-grows-position-in-diageo-plc-deo.html.
Diageo Company 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.
See Also: Return on Investment (ROI)
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).
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.