B. Riley Wealth Advisors Inc. Has $1.01 Million Stock Position in Diageo plc (NYSE:DEO)

B. Riley Wealth Advisors Inc. decreased its holdings in shares of Diageo plc (NYSE:DEO) by 13.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,916 shares of the company’s stock after selling 1,050 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in Diageo were worth $1,007,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Public Employees Retirement Association of Colorado increased its stake in shares of Diageo by 4,665.2% in the fourth quarter. Public Employees Retirement Association of Colorado now owns 482,713 shares of the company’s stock worth $70,312,000 after purchasing an additional 472,583 shares during the period. Private Advisor Group LLC increased its stake in shares of Diageo by 3.3% in the fourth quarter. Private Advisor Group LLC now owns 14,621 shares of the company’s stock worth $2,129,000 after purchasing an additional 470 shares during the period. Beacon Financial Group bought a new position in shares of Diageo in the fourth quarter worth about $296,000. Cerity Partners LLC increased its stake in shares of Diageo by 6.1% in the fourth quarter. Cerity Partners LLC now owns 41,808 shares of the company’s stock worth $6,090,000 after purchasing an additional 2,400 shares during the period. Finally, CIBC Asset Management Inc bought a new position in shares of Diageo in the fourth quarter worth about $2,103,000. Institutional investors and hedge funds own 8.97% of the company’s stock.

Diageo Stock Up 1.6 %

Diageo stock opened at $131.48 on Friday. The company has a current ratio of 1.58, a quick ratio of 0.65 and a debt-to-equity ratio of 1.73. The business’s 50-day simple moving average is $137.34 and its 200-day simple moving average is $142.77. Diageo plc has a 52 week low of $129.11 and a 52 week high of $179.78.

About Diageo

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.