Diageo plc (DGE) Insider Purchases £220.41 in Stock

Diageo plc (LON:DGE) insider Kathryn Mikells purchased 9 shares of the stock in a transaction that occurred on Monday, February 12th. The shares were purchased at an average cost of GBX 2,449 ($33.84) per share, for a total transaction of £220.41 ($304.52).

Kathryn Mikells also recently made the following trade(s):

  • On Wednesday, January 10th, Kathryn Mikells acquired 9 shares of Diageo stock. The shares were bought at an average price of GBX 2,664 ($36.81) per share, with a total value of £239.76 ($331.25).
  • On Monday, December 11th, Kathryn Mikells acquired 7 shares of Diageo stock. The shares were bought at an average price of GBX 2,644 ($36.53) per share, with a total value of £185.08 ($255.71).

Shares of Diageo plc (LON:DGE) traded up GBX 24 ($0.33) during midday trading on Monday, hitting GBX 2,461.50 ($34.01). 4,220,073 shares of the stock were exchanged, compared to its average volume of 4,210,000. The firm has a market capitalization of $61,070.00 and a PE ratio of 1,938.19. Diageo plc has a 1-year low of GBX 2,186.50 ($30.21) and a 1-year high of GBX 2,735.50 ($37.79).

Diageo (LON:DGE) last issued its earnings results on Thursday, January 25th. The company reported GBX 67.80 ($0.94) EPS for the quarter, beating the Zacks’ consensus estimate of GBX 65.70 ($0.91) by GBX 2.10 ($0.03). The business had revenue of GBX 653 billion during the quarter. Diageo had a net margin of 21.12% and a return on equity of 23.14%.

The firm also recently announced a dividend, which will be paid on Friday, April 6th. Stockholders of record on Thursday, February 22nd will be given a GBX 24.90 ($0.34) dividend. This represents a dividend yield of 0.99%. The ex-dividend date of this dividend is Thursday, February 22nd.

A number of equities analysts have weighed in on the stock. Morgan Stanley upped their price objective on shares of Diageo from GBX 2,800 ($38.68) to GBX 2,900 ($40.07) and gave the stock an “overweight” rating in a research report on Monday, January 8th. Liberum Capital restated a “sell” rating and set a GBX 2,000 ($27.63) price objective on shares of Diageo in a research report on Tuesday, December 19th. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 2,900 ($40.07) price objective on shares of Diageo in a research report on Wednesday, January 10th. Jefferies Group restated a “buy” rating and set a GBX 2,900 ($40.07) price objective on shares of Diageo in a research report on Wednesday, November 29th. Finally, Goldman Sachs Group set a GBX 2,460 ($33.99) price objective on shares of Diageo and gave the stock a “neutral” rating in a research report on Monday, December 11th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and eleven have given a buy rating to the company’s stock. Diageo presently has an average rating of “Hold” and an average target price of GBX 2,645.36 ($36.55).

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Diageo Company Profile

Diageo PLC is an alcoholic beverage company. The Company operates in various categories, including spirits and beer. Its geographic segments include North America; Europe, Russia and Turkey; Africa; Latin America and Caribbean, and Asia Pacific. Its principal products includes Scotch whisky, Gin, Vodka, Rum, Beer, Irish Cream Liqueur, Wine, Raki, Tequila, Canadian Whisky, American Whiskey, Progressive Adult Beverages, Cachaca, Brandy and Ready to Drink.

Insider Buying and Selling by Quarter for Diageo (LON:DGE)

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