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

Hexagon Capital Partners LLC raised its position in shares of Diageo plc (NYSE:DEO) by 17.3% in the first quarter, HoldingsChannel reports. The fund 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 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in DEO. Confluence Investment Management LLC bought a new stake in shares of Diageo during the first quarter worth approximately $125,474,000. Public Employees Retirement Association of Colorado boosted its holdings in shares of 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 worth $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 during the fourth quarter worth approximately $42,225,000. Wellington Management Group LLP boosted its holdings in shares of Diageo by 56.7% during the fourth quarter. Wellington Management Group LLP now owns 677,478 shares of the company’s stock worth $98,681,000 after acquiring an additional 245,255 shares during the period. Finally, Natixis Advisors L.P. boosted its holdings in shares of Diageo by 55.9% during the fourth quarter. Natixis Advisors L.P. now owns 645,642 shares of the company’s stock worth $94,044,000 after acquiring an additional 231,396 shares during the period. Institutional investors own 8.97% of the company’s stock.

Diageo Stock Performance

Shares of NYSE:DEO traded down $0.20 during trading on Monday, reaching $125.88. 928,440 shares of the stock were exchanged, 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 stock has a 50-day moving average price of $136.17 and a 200-day moving average price of $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.

Diageo Company 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.