ICA Group Wealth Management LLC Purchases New Shares in Diageo plc (NYSE:DEO)

ICA Group Wealth Management LLC purchased a new position in shares of Diageo plc (NYSE:DEO) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 647 shares of the company’s stock, valued at approximately $94,000.

Several other hedge funds and other institutional investors have also bought and sold shares of DEO. SageView Advisory Group LLC raised its position in shares of Diageo by 230.0% in the fourth quarter. SageView Advisory Group LLC now owns 7,669 shares of the company’s stock valued at $1,109,000 after buying an additional 5,345 shares in the last quarter. Willner & Heller LLC bought a new position in Diageo during the 4th quarter worth $279,000. Wellington Management Group LLP raised its holdings in Diageo by 56.7% in the 4th quarter. Wellington Management Group LLP now owns 677,478 shares of the company’s stock valued at $98,681,000 after acquiring an additional 245,255 shares in the last quarter. Tucker Asset Management LLC lifted its position in shares of Diageo by 14.3% during the 4th quarter. Tucker Asset Management LLC now owns 1,049 shares of the company’s stock valued at $153,000 after acquiring an additional 131 shares during the period. Finally, Goldman Sachs Group Inc. grew its holdings in shares of Diageo by 12.7% during the 4th quarter. Goldman Sachs Group Inc. now owns 751,189 shares of the company’s stock worth $109,418,000 after purchasing an additional 84,666 shares in the last quarter. Institutional investors and hedge funds own 8.97% of the company’s stock.

Diageo Trading Up 0.2 %

DEO stock opened at $131.81 on Tuesday. Diageo plc has a 52 week low of $130.49 and a 52 week high of $179.78. The business has a 50-day simple moving average of $138.07 and a 200 day simple moving average of $143.04. The company has a quick ratio of 0.65, a current ratio of 1.58 and a debt-to-equity ratio of 1.73.

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.