BSW Wealth Partners Has $207,000 Stock Holdings in Diageo plc (NYSE:DEO)

BSW Wealth Partners decreased its position in shares of Diageo plc (NYSE:DEO) by 12.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,627 shares of the company’s stock after selling 239 shares during the period. BSW Wealth Partners’ holdings in Diageo were worth $207,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of DEO. Brooklyn Investment Group acquired a new stake in shares of Diageo during the 3rd quarter valued at about $25,000. Eastern Bank lifted its stake in Diageo by 107.8% in the fourth quarter. Eastern Bank now owns 241 shares of the company’s stock valued at $31,000 after acquiring an additional 125 shares during the last quarter. Modus Advisors LLC bought a new stake in Diageo in the fourth quarter worth approximately $35,000. Concord Wealth Partners acquired a new position in shares of Diageo during the 3rd quarter worth $38,000. Finally, Bruce G. Allen Investments LLC raised its holdings in shares of Diageo by 1,395.0% during the 3rd quarter. Bruce G. Allen Investments LLC now owns 299 shares of the company’s stock valued at $42,000 after purchasing an additional 279 shares in the last quarter. Hedge funds and other institutional investors own 8.97% of the company’s stock.

Diageo Stock Down 2.3 %

Shares of NYSE:DEO opened at $120.67 on Thursday. Diageo plc has a 52-week low of $113.99 and a 52-week high of $154.71. The company has a quick ratio of 0.55, a current ratio of 1.53 and a debt-to-equity ratio of 1.62. The stock’s 50-day moving average is $122.84 and its 200-day moving average is $127.50.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on DEO shares. TD Cowen upped their price objective on shares of Diageo from $124.00 to $129.00 and gave the stock a “hold” rating in a report on Wednesday, January 8th. Jefferies Financial Group raised Diageo from a “hold” rating to a “buy” rating in a report on Thursday, December 5th. Finally, UBS Group upgraded Diageo from a “sell” rating to a “buy” rating in a report on Wednesday, December 11th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $129.00.

About Diageo

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.