Diageo plc (NYSE:DEO) Shares Acquired by First Bank & Trust

First Bank & Trust increased its holdings in shares of Diageo plc (NYSE:DEO) by 265.4% during the 4th quarter, Holdings Channel.com reports. The fund owned 8,522 shares of the company’s stock after buying an additional 6,190 shares during the period. First Bank & Trust’s holdings in Diageo were worth $1,083,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of DEO. Brooklyn Investment Group acquired a new stake in shares of Diageo during the 3rd quarter worth approximately $25,000. Eastern Bank increased its position in Diageo by 107.8% in the fourth quarter. Eastern Bank now owns 241 shares of the company’s stock worth $31,000 after buying an additional 125 shares during the period. Concord Wealth Partners bought a new stake in Diageo in the third quarter valued at $38,000. Modus Advisors LLC bought a new stake in Diageo in the fourth quarter valued at $35,000. Finally, Kestra Investment Management LLC acquired a new position in shares of Diageo during the fourth quarter valued at $36,000. Institutional investors own 8.97% of the company’s stock.

Diageo Price Performance

Diageo stock opened at $106.47 on Thursday. Diageo plc has a 12-month low of $105.72 and a 12-month high of $154.71. The company has a current ratio of 1.60, a quick ratio of 0.67 and a debt-to-equity ratio of 1.62. The firm has a 50 day simple moving average of $120.02 and a 200-day simple moving average of $125.65.

Diageo Dividend Announcement

The company also recently declared a semi-annual dividend, which will be paid on Thursday, April 24th. Shareholders of record on Friday, February 28th will be paid a dividend of $1.62 per share. This represents a yield of 3.8%. The ex-dividend date of this dividend is Friday, February 28th.

Analyst Upgrades and Downgrades

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

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.