Town & Country Bank & Trust CO dba First Bankers Trust CO Reduces Stock Position in Diageo plc (NYSE:DEO)

Town & Country Bank & Trust CO dba First Bankers Trust CO lowered its stake in Diageo plc (NYSE:DEO) by 26.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,142 shares of the company’s stock after selling 777 shares during the period. Town & Country Bank & Trust CO dba First Bankers Trust CO’s holdings in Diageo were worth $272,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Canoe Financial LP increased its stake in Diageo by 88,407.3% in the fourth quarter. Canoe Financial LP now owns 8,113,468 shares of the company’s stock worth $1,031,465,000 after purchasing an additional 8,104,301 shares during the period. Natixis Advisors LLC raised its holdings in shares of Diageo by 105.7% in the third quarter. Natixis Advisors LLC now owns 949,411 shares of the company’s stock valued at $133,240,000 after acquiring an additional 487,904 shares in the last quarter. FMR LLC lifted its stake in Diageo by 9.1% in the third quarter. FMR LLC now owns 5,242,065 shares of the company’s stock worth $735,671,000 after acquiring an additional 437,646 shares during the period. Raymond James & Associates increased its holdings in Diageo by 52.3% during the third quarter. Raymond James & Associates now owns 853,640 shares of the company’s stock valued at $119,800,000 after buying an additional 293,017 shares during the period. Finally, Confluence Investment Management LLC raised its position in shares of Diageo by 30.5% in the 3rd quarter. Confluence Investment Management LLC now owns 1,215,786 shares of the company’s stock worth $170,623,000 after acquiring an additional 284,046 shares in the last quarter. 8.97% of the stock is owned by institutional investors.

Diageo Stock Up 0.9 %

Shares of NYSE DEO opened at $125.63 on Tuesday. Diageo plc has a 12 month low of $113.99 and a 12 month high of $154.71. The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.55 and a current ratio of 1.53. The company has a 50 day simple moving average of $122.62 and a two-hundred day simple moving average of $127.59.

Analyst Ratings Changes

A number of analysts have recently weighed in on DEO shares. UBS Group upgraded shares of Diageo from a “sell” rating to a “buy” rating in a report on Wednesday, December 11th. Jefferies Financial Group upgraded Diageo from a “hold” rating to a “buy” rating in a research note on Thursday, December 5th. Finally, TD Cowen increased their price objective on shares of Diageo from $124.00 to $129.00 and gave the company a “hold” rating in a research report on Wednesday, January 8th. One equities 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 stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $129.00.

About Diageo

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.