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

Norman Fields Gottscho Capital Management LLC decreased its position in shares of Diageo plc (NYSE:DEO) by 4.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,610 shares of the company’s stock after selling 165 shares during the quarter. Norman Fields Gottscho Capital Management LLC’s holdings in Diageo were worth $459,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of DEO. Canandaigua National Trust Co of Florida acquired a new stake in shares of Diageo during the 4th quarter worth approximately $269,000. Oliver Luxxe Assets LLC acquired a new position in shares of Diageo during the 4th quarter worth $2,031,000. Modus Advisors LLC bought a new stake in shares of Diageo during the 4th quarter worth $35,000. JPMorgan Chase & Co. boosted its stake in Diageo by 25.9% in the third quarter. JPMorgan Chase & Co. now owns 1,116,994 shares of the company’s stock valued at $156,759,000 after buying an additional 229,946 shares in the last quarter. Finally, Logan Capital Management Inc. raised its stake in Diageo by 2.2% during the third quarter. Logan Capital Management Inc. now owns 22,887 shares of the company’s stock worth $3,212,000 after acquiring an additional 487 shares in the last quarter. 8.97% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently commented on DEO shares. Bank of America raised Diageo from a “neutral” rating to a “buy” rating in a research note on Thursday, September 12th. Jefferies Financial Group raised shares of Diageo from a “hold” rating to a “buy” rating in a research note on Thursday, December 5th. Finally, UBS Group raised shares of Diageo from a “sell” rating to a “buy” rating in a research note on Wednesday, December 11th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold”.

Diageo Price Performance

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

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.