Segment Wealth Management LLC Takes $2.13 Million Position in (NYSE:DEO)

Segment Wealth Management LLC acquired a new position in (NYSE:DEO) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 16,128 shares of the company’s stock, valued at approximately $2,131,000.

A number of other large investors have also recently added to or reduced their stakes in DEO. FMR LLC boosted its holdings in by 1.2% during the 1st quarter. FMR LLC now owns 62,582 shares of the company’s stock valued at $7,233,000 after acquiring an additional 766 shares during the period. Geode Capital Management LLC increased its holdings in shares of by 33.4% in the first quarter. Geode Capital Management LLC now owns 13,616 shares of the company’s stock valued at $1,573,000 after purchasing an additional 3,411 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of by 0.5% in the first quarter. Dimensional Fund Advisors LP now owns 395,747 shares of the company’s stock valued at $45,740,000 after purchasing an additional 1,969 shares during the period. BlackRock Inc. increased its holdings in shares of by 13,115.4% in the first quarter. BlackRock Inc. now owns 1,750,247 shares of the company’s stock valued at $202,293,000 after purchasing an additional 1,737,003 shares during the period. Finally, HighTower Advisors LLC increased its holdings in shares of by 8.1% in the first quarter. HighTower Advisors LLC now owns 64,744 shares of the company’s stock valued at $7,490,000 after purchasing an additional 4,870 shares during the period.

DEO has been the topic of a number of recent research reports. Jefferies Group LLC set a $142.00 target price on and gave the stock a “buy” rating in a research note on Thursday, July 27th. Zacks Investment Research upgraded from a “hold” rating to a “buy” rating and set a $149.00 price target on the stock in a research report on Tuesday, August 22nd. BidaskClub upgraded from a “hold” rating to a “buy” rating in a research report on Friday, August 18th. Berenberg Bank lowered from a “buy” rating to a “hold” rating in a research report on Wednesday, September 13th. Finally, Sanford C. Bernstein raised from a “market perform” rating to an “outperform” rating and lifted their price target for the stock from $142.36 to $153.00 in a report on Friday, July 28th. Three investment analysts have rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of .

COPYRIGHT VIOLATION NOTICE: “Segment Wealth Management LLC Takes $2.13 Million Position in (NYSE:DEO)” was originally reported by Week Herald and is owned by of Week Herald. If you are accessing this report on another website, it was copied illegally and reposted in violation of U.S. and international copyright & trademark legislation. The legal version of this report can be accessed at https://weekherald.com/2017/11/14/segment-wealth-management-llc-invests-2-13-million-in-diageo-plc-deo-stock.html.

Institutional Ownership by Quarter for  (NYSE:DEO)

Leave a Reply