Hills Bank & Trust Co. Acquires 336 Shares of Diageo plc (DEO)

Hills Bank & Trust Co. increased its holdings in shares of Diageo plc (NYSE:DEO) by 21.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,928 shares of the company’s stock after purchasing an additional 336 shares during the period. Hills Bank & Trust Co.’s holdings in Diageo were worth $316,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Centerpoint Advisors LLC purchased a new stake in shares of Diageo in the 4th quarter valued at approximately $26,000. Acima Private Wealth LLC purchased a new stake in shares of Diageo in the 4th quarter valued at approximately $29,000. Claybrook Capital LLC purchased a new stake in shares of Diageo in the 4th quarter valued at approximately $30,000. Capital Investment Advisory Services LLC purchased a new stake in shares of Diageo in the 4th quarter valued at approximately $31,000. Finally, Executive Wealth Management LLC purchased a new stake in shares of Diageo in the 4th quarter valued at approximately $32,000. 10.61% of the stock is owned by hedge funds and other institutional investors.

Diageo stock opened at $169.27 on Friday. Diageo plc has a 12-month low of $131.43 and a 12-month high of $169.72. The stock has a market cap of $102.63 billion, a price-to-earnings ratio of 26.66, a PEG ratio of 2.94 and a beta of 0.54. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.73 and a current ratio of 1.48.

Several research analysts have recently issued reports on the stock. Zacks Investment Research cut shares of Diageo from a “hold” rating to a “sell” rating in a report on Wednesday, April 10th. Barclays began coverage on shares of Diageo in a research note on Monday, April 1st. They set an “overweight” rating for the company. Liberum Capital upgraded shares of Diageo from a “sell” rating to a “hold” rating in a research note on Thursday, January 31st. Finally, Investec cut shares of Diageo from a “hold” rating to a “sell” rating in a research note on Monday, March 25th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $164.75.

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Diageo Profile

Diageo plc, together with its subsidiaries, produces, markets, and sells alcoholic beverages worldwide. The company offers a collection of brands across spirits, beer, cider, and wine categories. Its brands include Johnnie Walker, Crown Royal, J&B, Buchanan's and Windsor whiskies, Smirnoff, Cîroc and Ketel One vodkas, Captain Morgan, Baileys, Don Julio, Bundaberg, McDowell's No.

Further Reading: Oversold

Institutional Ownership by Quarter for Diageo (NYSE:DEO)

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