Brookstone Capital Management Acquires Shares of 2,051 Diageo plc (NYSE:DEO)

Brookstone Capital Management acquired a new stake in Diageo plc (NYSE:DEO) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 2,051 shares of the company’s stock, valued at approximately $305,000.

Several other institutional investors also recently bought and sold shares of DEO. SVB Wealth LLC increased its holdings in shares of Diageo by 1.8% in 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 in the last quarter. Lawson Kroeker Investment Management Inc. NE increased its holdings in shares of Diageo by 0.5% in 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 in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its holdings in shares of Diageo by 3.3% in 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 in the last quarter. Fragasso Group Inc. increased its holdings in shares of Diageo by 2.5% in the 1st quarter. Fragasso Group Inc. now owns 2,947 shares of the company’s stock valued at $438,000 after purchasing an additional 73 shares in the last quarter. Finally, Avestar Capital LLC increased its holdings in shares of Diageo by 4.4% in the 4th quarter. Avestar Capital LLC now owns 1,754 shares of the company’s stock valued at $255,000 after purchasing an additional 74 shares in the last quarter. 8.97% of the stock is owned by institutional investors and hedge funds.

Diageo Price Performance

Shares of NYSE DEO opened at $126.26 on Wednesday. Diageo plc has a 52 week low of $124.80 and a 52 week high of $179.78. The company’s 50-day moving average price is $135.85 and its 200 day moving average price is $142.11. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.58 and a quick ratio of 0.65.

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.