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Andesa Financial Management Inc. acquires 1,323 shares of Diageo plc (NYSE:DEO).

Andesa Financial Management Inc. stated in its most recent statement that it acquired a new investment in Diageo plc during the third quarter. This information was included in the most recent statement filed with the Securities and Exchange Commission. To acquire 1,323 shares of the company’s Stock, the fund shelled out a total of $223,000, bringing the total amount of money spent by the fund to $223,000.

Several well-known investors have recently made modifications to the number of shares of the company’s stock they own.

During the first three months of 2018, Sei Investments Company successfully increased its ownership of Diageo shares by 6.8 percent. The value of Sei Investments Company’s holdings has increased to $9,647,000 as a result of the purchase of 3,034 additional shares of the company’s stock since the beginning of this quarter.

During the first three months of 2018, Sequoia Financial Advisors LLC was able to amass an additional 27.8 percent worth of Diageo stock after purchasing additional shares. Sequoia Financial Advisors LLC now has 3,749 shares of the company’s stock following purchasing an additional 816 shares during the most recent quarter. The company’s stock is currently valued at $762,000 because Sequoia Financial Advisors LLC owns all of the shares. Through the first three months of 2018, Merit Financial Group LLC was able to amass an additional 19.2% of shares in Diageo.

During the most recent quarter, Merit Financial Group LLC increased its company stock holdings by 198 shares, bringing its total number to 1,228. The value of these shares on the market as of right now is $249,000.

In the first quarter of 2018, Ergoteles LLC boosted its ownership in Diageo by 34.3%.

Ergoteles LLC now directly owns 1,366 shares of the company’s stock, which have a value of $277,000 as a result of the purchase of 349 additional shares in the company’s stock during the most recent fiscal quarter.
Last but not least, during the first quarter of 2018, Prudential Financial Inc.

Increased the amount of Diageo stock owned by 33.5%, making this article’s final point.

After making an additional purchase of 1,704 shares during the most recent quarter, Prudential Financial Inc.

Is now the owner of 6,788 shares in the company, which have a value of $1,379,000. This is because the company made an additional purchase during that quarter. To the tune of 9.04% of the company’s stock, institutional investors and hedge funds collectively hold the company’s shares.
NYSE: DEO was first available for trading on Monday with an opening price of $185.96. The ratio of debt to equity is 1.60, the ratio of quick ratio to current ratio is 0.69, and the ratio of current ratio to quick ratio is 1.53. The current share price of the company’s stock is $181.86, which is higher than the 50-day and 200-day moving averages of $177.88. Within the past year, the share price of Diageo plc has ranged from a record low of $160.09 to an all-time high of $212.33.
There have been several analysts who, when asked their opinions on the stock, provided their perspectives.

Barclays announced on Tuesday, December 13, in a research note that was made public, that they would be lowering their target price for Diageo shares from GBX 5,430 ($66.26) to GBX 5,010 ($61.13).

Deutsche Bank Aktiengesellschaft stated in a report released on Thursday, January 12, that they would be lowering their target price for Diageo from GBX 3,160 ($38.56) to GBX 2,750 ($33.56). Credit Suisse Group stated in a research note published on January 4 that they were increasing their price objective on Diageo from GBX 4,400 ($53.69) to GBX 4,500 ($54.91). The “overweight” rating previously given to Diageo by Morgan Stanley was changed to an “equal weight” rating in a research note published on Friday, January 6, by Morgan Stanley. Finally, on Wednesday, October 12, coverage of Diageo was introduced on StockNews.com as a research report. They suggested that an interested party purchase the company. One equity research analyst advises investors to sell the stock, six analysts believe investors should keep their existing position, and two analysts believe investors should buy the stock.

The post Andesa Financial Management Inc. acquires 1,323 shares of Diageo plc (NYSE:DEO). appeared first on Best Stocks.



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Andesa Financial Management Inc. acquires 1,323 shares of Diageo plc (NYSE:DEO).

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