IFC Holdings Incorporated FL increased its stake in Diageo PLC (NYSE:DEO) by 3.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,743 shares of the company’s stock after buying an additional 180 shares during the period. IFC Holdings Incorporated FL’s holdings in Diageo PLC were worth $686,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Carret Asset Management LLC increased its stake in shares of 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 increased its stake in shares of 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. increased its stake in shares of 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 increased its stake in shares of 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 increased its stake in shares of 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 and hedge funds own 12.07% of the company’s stock.

Diageo PLC (NYSE:DEO) opened at 129.51 on Friday. The firm has a 50-day moving average price of $123.60 and a 200-day moving average price of $118.35. Diageo PLC has a 52 week low of $99.46 and a 52 week high of $133.17. The company has a market cap of $81.38 billion, a P/E ratio of 23.23 and a beta of 0.76.

The business also recently declared 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%. The ex-dividend date is Wednesday, August 9th. This is a positive change from Diageo PLC’s previous semiannual dividend of $1.19.

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Several equities research analysts recently issued reports on the company. Jefferies Group LLC set a $142.00 price target on Diageo PLC and gave the stock a “buy” rating in a report on Saturday, June 17th. BidaskClub upgraded Diageo PLC from a “sell” rating to a “hold” rating in a report on Thursday, August 3rd. Citigroup Inc. downgraded Diageo PLC from a “buy” rating to a “neutral” rating in a report on Thursday, May 25th. Zacks Investment Research upgraded Diageo PLC from a “sell” rating to a “hold” rating in a report on Thursday, April 20th. Finally, Societe Generale upgraded Diageo PLC from a “hold” rating to a “buy” rating in a report on Monday, June 26th. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and eight have given 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.

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Institutional Ownership by Quarter for Diageo PLC (NYSE:DEO)

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