Crossmark Global Holdings Inc. Has $1.33 Million Holdings in Diageo plc (NYSE:DEO)

Crossmark Global Holdings Inc. increased its stake in shares of Diageo plc (NYSE:DEO) by 24.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,484 shares of the company’s stock after acquiring an additional 2,028 shares during the period. Crossmark Global Holdings Inc.’s holdings in Diageo were worth $1,332,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in DEO. Citigroup Inc. lifted its holdings in shares of Diageo by 4.4% in the third quarter. Citigroup Inc. now owns 158,428 shares of the company’s stock valued at $22,234,000 after purchasing an additional 6,617 shares in the last quarter. Canoe Financial LP raised its position in Diageo by 88,407.3% in the 4th quarter. Canoe Financial LP now owns 8,113,468 shares of the company’s stock valued at $1,031,465,000 after buying an additional 8,104,301 shares during the last quarter. BNP Paribas Financial Markets boosted its position in Diageo by 32.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 65,894 shares of the company’s stock worth $9,248,000 after acquiring an additional 16,285 shares during the last quarter. FMR LLC grew its stake in shares of Diageo by 9.1% during the 3rd 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 in the last quarter. Finally, Premier Path Wealth Partners LLC acquired a new stake in shares of Diageo in the fourth quarter valued at approximately $1,308,000. 8.97% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts recently weighed in on DEO shares. UBS Group raised shares of Diageo from a “sell” rating to a “buy” rating in a research report on Wednesday, December 11th. Jefferies Financial Group raised Diageo from a “hold” rating to a “buy” rating in a research report on Thursday, December 5th. Finally, TD Cowen increased their price target on Diageo from $124.00 to $129.00 and gave the company a “hold” rating in a research report on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $129.00.

Diageo Stock Up 4.7 %

Diageo stock opened at $124.53 on Friday. 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’s 50-day moving average is $122.49 and its 200-day moving average is $127.62. Diageo plc has a fifty-two week low of $113.99 and a fifty-two week high of $154.71.

Diageo Company Profile

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.