Legacy Capital Partners Inc. held its position in Diageo PLC (NYSE:DEO) during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 2,085 shares of the company’s stock at the end of the second quarter. Legacy Capital Partners Inc.’s holdings in Diageo PLC were worth $250,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Carret Asset Management LLC boosted its position in Diageo PLC by 0.5% in the first quarter. Carret Asset Management LLC now owns 3,064 shares of the company’s stock valued at $354,000 after buying an additional 15 shares during the period. Parkside Financial Bank & Trust boosted its position in Diageo PLC by 0.8% in the second quarter. Parkside Financial Bank & Trust now owns 2,526 shares of the company’s stock valued at $303,000 after buying an additional 20 shares during the period. Investment Centers of America Inc. boosted its position in Diageo PLC by 0.3% in the first quarter. Investment Centers of America Inc. now owns 6,579 shares of the company’s stock valued at $761,000 after buying an additional 22 shares during the period. Capital One National Association boosted its position in Diageo PLC by 0.7% in the second quarter. Capital One National Association now owns 3,119 shares of the company’s stock valued at $374,000 after buying an additional 22 shares during the period. Finally, Lourd Capital LLC boosted its position in Diageo PLC by 0.4% in the second quarter. Lourd Capital LLC now owns 7,646 shares of the company’s stock valued at $916,000 after buying an additional 30 shares during the period. Institutional investors own 12.07% of the company’s stock.

Shares of Diageo PLC (NYSE DEO) opened at 132.55 on Wednesday. Diageo PLC has a 12 month low of $99.46 and a 12 month high of $133.17. The stock has a 50 day moving average of $122.27 and a 200-day moving average of $117.51. The company has a market cap of $83.27 billion, a price-to-earnings ratio of 24.22 and a beta of 0.76.

The company also recently disclosed a semiannual dividend, which will be paid on Wednesday, October 11th. Shareholders of record on Friday, August 11th will be issued a dividend of $2.0322 per share. This represents a yield of 3.12%. This is an increase from Diageo PLC’s previous semiannual dividend of $1.19. The ex-dividend date is Wednesday, August 9th.

WARNING: This piece was posted by Daily Political and is the property of of Daily Political. If you are viewing this piece on another site, it was copied illegally and republished in violation of U.S. & international copyright law. The correct version of this piece can be viewed at https://www.dailypolitical.com/2017/08/09/legacy-capital-partners-inc-holds-stake-in-diageo-plc-nysedeo.html.

Several research analysts have recently weighed in on the stock. Jefferies Group LLC set a $142.00 price target on shares of Diageo PLC and gave the company a “buy” rating in a report on Saturday, June 17th. BidaskClub upgraded shares of Diageo PLC from a “sell” rating to a “hold” rating in a report on Thursday, August 3rd. Citigroup Inc. cut shares of Diageo PLC from a “buy” rating to a “neutral” rating in a report on Thursday, May 25th. Zacks Investment Research upgraded shares of Diageo PLC from a “sell” rating to a “hold” rating in a report on Thursday, April 20th. Finally, Societe Generale upgraded shares of Diageo PLC from a “hold” rating to a “buy” rating in a report on Monday, June 26th. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating and eight have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $141.67.

About Diageo PLC

Diageo PLC is an alcoholic beverage company. The Company operates in various categories, including spirits and beer. Its geographic segments include North America; Europe, Russia and Turkey; Africa; Latin America and Caribbean, and Asia Pacific. Its principal products includes Scotch whisky, Gin, Vodka, Rum, Beer, Irish Cream Liqueur, Wine, Raki, Tequila, Canadian Whisky, American Whiskey, Progressive Adult Beverages, Cachaca, Brandy and Ready to Drink.

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 PLC (NYSE:DEO)

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