Diageo plc (NYSE:DEO) saw a large drop in short interest in the month of January. As of January 31st, there was short interest totalling 330,080 shares, a drop of 62.1% from the January 12th total of 871,373 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 440,211 shares, the short-interest ratio is currently 0.7 days.
Diageo (DEO) opened at $138.54 on Thursday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.63 and a current ratio of 1.31. Diageo has a 12 month low of $110.92 and a 12 month high of $147.62. The firm has a market cap of $85,100.00, a P/E ratio of 19.60, a PEG ratio of 2.83 and a beta of 0.71.
The firm also recently disclosed a semiannual dividend, which will be paid on Wednesday, April 11th. Stockholders of record on Friday, February 23rd will be paid a dividend of $1.4232 per share. The ex-dividend date is Thursday, February 22nd. This represents a dividend yield of 1.96%. Diageo’s dividend payout ratio (DPR) is 45.26%.
Institutional investors and hedge funds have recently modified their holdings of the company. Gotham Asset Management LLC purchased a new position in shares of Diageo during the 2nd quarter worth approximately $278,000. Crossmark Global Holdings Inc. purchased a new position in shares of Diageo during the 3rd quarter worth approximately $3,257,000. Segment Wealth Management LLC increased its stake in shares of Diageo by 9.0% during the 4th quarter. Segment Wealth Management LLC now owns 17,583 shares of the company’s stock worth $2,567,000 after purchasing an additional 1,455 shares in the last quarter. M Holdings Securities Inc. increased its stake in shares of Diageo by 33.3% during the 2nd quarter. M Holdings Securities Inc. now owns 3,107 shares of the company’s stock worth $372,000 after purchasing an additional 777 shares in the last quarter. Finally, Cobblestone Capital Advisors LLC NY increased its stake in shares of Diageo by 1.3% during the 3rd quarter. Cobblestone Capital Advisors LLC NY now owns 68,485 shares of the company’s stock worth $9,049,000 after purchasing an additional 855 shares in the last quarter. 12.17% of the stock is owned by institutional investors and hedge funds.
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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.
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