Finance

Diageo P L C (NYSE:DEO) position trimmed by Tradition Capital Management Llc

Tradition Capital Management Llc has decreased its position in Diageo P L C (NYSE:DEO) by 11.11 per cent as reported in 2017 Q3 SEC filing.

Tradition Capital Management Llc sold 4,580 shares as Diageo P L C (NYSE:DEO)’s stock rose 5.26{d3504fbcdeb81bdc8fcd95bbbe4a10927085f26f9c7d3b1ab66ca60ecac7168d}. Now the former holds 36,660 shares with $4.84 million value, down from 41,240 last quarter. Diageo P L C now has $89.24 billion valuation. The stock increased 0.04{d3504fbcdeb81bdc8fcd95bbbe4a10927085f26f9c7d3b1ab66ca60ecac7168d} or $0.06 during the last trading session, reaching $145.62. About 73,216 shares traded. Diageo plc (NYSE:DEO) has risen 12.82{d3504fbcdeb81bdc8fcd95bbbe4a10927085f26f9c7d3b1ab66ca60ecac7168d} since January 4, 2017 and is uptrending. It has underperformed by 3.88{d3504fbcdeb81bdc8fcd95bbbe4a10927085f26f9c7d3b1ab66ca60ecac7168d} the S&P500.

Among 25 analysts covering Diageo (NYSE:DEO), 16 have Buy rating, 3 Sell and 6 Hold. Therefore 64{d3504fbcdeb81bdc8fcd95bbbe4a10927085f26f9c7d3b1ab66ca60ecac7168d} are positive. Diageo had 40 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was maintained by Jefferies with “Buy” on Monday, April 24. The rating was maintained by Jefferies with “Buy” on Monday, June 19. The stock has “Buy” rating by Investec on Thursday, August 6.

The firm earned “Hold” rating on Wednesday, September 23 by Shore Capital. UBS upgraded the shares of DEO in report on Thursday, October 1 to “Buy” rating. The rating was upgraded by BNP Paribas on Friday, September 11 to “Outperform”. The rating was upgraded by Goldman Sachs on Tuesday, June 28 to “Neutral”. The firm has “Hold” rating given on Thursday, March 17 by Deutsche Bank. Societe Generale upgraded Diageo plc (NYSE:DEO) on Monday, June 26 to “Buy” rating. The company was initiated on Friday, October 16 by HSBC.

The stock increased 1.21{d3504fbcdeb81bdc8fcd95bbbe4a10927085f26f9c7d3b1ab66ca60ecac7168d} or $1.15 during the last trading session, reaching $96.54. About 26,540 shares traded.

About the author

Sarah Peters

Sarah Peters

Sarah Peters covers SAAS and Analytics companies. Sarah covers breaking news stories as well as small cap companies.  She has a BS from St. Lawrence University.

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