From MarketBeat:

Oak Harvest Investment Services reduced its stake in Diageo plc by 33.7% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 27,923 shares valued at $4,166,000 after selling 14,176 shares in the last quarter. Other investors who modified their holdings are Empower Advisory Group LLC, Jarislowsky Fraser Ltd, Level Four Advisory Services LLC, Eagle Global Advisors LLC, and Bessemer Group Inc. The stock is owned by 8.97% hedge funds and other institutional investors.

Diageo plc’s stock is traded down $0.82 at $141.63 on Friday, with a trading volume of 493,846 shares. The stock boasts a 52-week low of $135.63 and a high of $190.02.

Investor sentiment towards Diageo has turned bearish with UBS Group cutting their rating to “sell.” Two analysts have slapped the stock with a sell rating, while six analysts see the stock as a hold and two have rated it as a buy. The consensus price target for DEO is $3,898.33.

Diageo plc, engages in the production, marketing, and sale of alcoholic beverages. With a variety of brands in their portfolio, the company provides a wide range of products, from scotch and gin to beer and non-alcoholic drinks.

MarketBeat keeps track of Wall Street’s top-rated research analysts and the stocks they recommend to their clients. Diageo currently has a “Hold” rating among analysts, but MarketBeat has identified five other stocks that top analysts are quietly whispering to their clients to buy now.



Read more: Oak Harvest Investment Services Sells 14,176 Shares of Diageo plc (NYSE:DEO)