Cypress Asset Management Inc. TX Takes $3.95 Million Position in Diageo plc (NYSE:DEO)

Cypress Asset Management Inc. TX acquired a new stake in Diageo plc (NYSE:DEO) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 27,114 shares of the company’s stock, valued at approximately $3,949,000.

Other large investors have also made changes to their positions in the company. Western Wealth Management LLC lifted its holdings in Diageo by 2.6% during the third quarter. Western Wealth Management LLC now owns 2,559 shares of the company’s stock worth $382,000 after buying an additional 66 shares during the period. O Brien Greene & Co. Inc lifted its holdings in shares of Diageo by 2.4% during the 3rd quarter. O Brien Greene & Co. Inc now owns 2,970 shares of the company’s stock valued at $443,000 after purchasing an additional 70 shares during the last quarter. SVB Wealth LLC lifted its holdings in shares of Diageo by 1.8% during the 4th quarter. SVB Wealth LLC now owns 3,988 shares of the company’s stock valued at $581,000 after purchasing an additional 70 shares during the last quarter. Lawson Kroeker Investment Management Inc. NE lifted its holdings in shares of Diageo by 0.5% during the 4th quarter. Lawson Kroeker Investment Management Inc. NE now owns 14,246 shares of the company’s stock valued at $2,075,000 after purchasing an additional 72 shares during the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its holdings in shares of Diageo by 3.3% during the 4th quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 2,243 shares of the company’s stock valued at $327,000 after purchasing an additional 72 shares during the last quarter. 8.97% of the stock is currently owned by hedge funds and other institutional investors.

Diageo Stock Performance

Shares of DEO traded down $2.14 during midday trading on Thursday, hitting $136.89. 433,318 shares of the company’s stock traded hands, compared to its average volume of 753,808. Diageo plc has a 1 year low of $135.63 and a 1 year high of $179.78. The firm’s fifty day moving average is $142.60 and its 200-day moving average is $144.44. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.65 and a current ratio of 1.58.

Diageo Profile

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.