Hexagon Capital Partners LLC Purchases 119 Shares of Diageo plc (NYSE:DEO)

Hexagon Capital Partners LLC boosted its position in shares of Diageo plc (NYSE:DEO) by 17.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 805 shares of the company’s stock after acquiring an additional 119 shares during the period. Hexagon Capital Partners LLC’s holdings in Diageo were worth $120,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DEO. Confluence Investment Management LLC bought a new position in Diageo during the first quarter valued at about $125,474,000. Public Employees Retirement Association of Colorado increased its stake in Diageo by 4,665.2% during the fourth quarter. Public Employees Retirement Association of Colorado now owns 482,713 shares of the company’s stock valued at $70,312,000 after acquiring an additional 472,583 shares during the period. Saratoga Research & Investment Management bought a new stake in shares of Diageo in the 4th quarter valued at approximately $42,225,000. Wellington Management Group LLP grew its stake in shares of Diageo by 56.7% in the 4th quarter. Wellington Management Group LLP now owns 677,478 shares of the company’s stock valued at $98,681,000 after purchasing an additional 245,255 shares during the period. Finally, Natixis Advisors L.P. grew its stake in shares of Diageo by 55.9% in the 4th quarter. Natixis Advisors L.P. now owns 645,642 shares of the company’s stock valued at $94,044,000 after purchasing an additional 231,396 shares during the period. 8.97% of the stock is currently owned by institutional investors.

Diageo Trading Down 0.2 %

Shares of DEO stock traded down $0.20 during trading hours on Monday, hitting $125.88. The company had a trading volume of 928,440 shares, compared to its average volume of 735,417. Diageo plc has a 12 month low of $125.66 and a 12 month high of $179.78. The firm’s fifty day moving average is $136.17 and its 200 day moving average is $142.25. The company has a current ratio of 1.58, a quick ratio of 0.65 and a debt-to-equity ratio of 1.73.

About Diageo

Diageo plc, together with its subsidiaries, engages in the production, marketing, and sale of alcoholic beverages. It offers scotch, gin, vodka, rum, raki, liqueur, wine, tequila, Chinese white spirits, cachaça, and brandy, as well as beer, including cider and flavoured malt beverages. The company also provides Canadian, Irish, American, and Indian-Made Foreign Liquor whiskies, as well as ready to drink and non-alcoholic products.