Kingsview Wealth Management LLC Sells 230 Shares of Diageo plc (NYSE:DEO)

Kingsview Wealth Management LLC decreased its position in Diageo plc (NYSE:DEO) by 13.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,480 shares of the company’s stock after selling 230 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Diageo were worth $216,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. Planned Solutions Inc. purchased a new position in shares of Diageo during the fourth quarter valued at approximately $27,000. Addison Advisors LLC increased its stake in shares of Diageo by 97.3% during the fourth quarter. Addison Advisors LLC now owns 217 shares of the company’s stock valued at $32,000 after buying an additional 107 shares during the period. Criterion Capital Advisors LLC purchased a new position in shares of Diageo during the fourth quarter valued at approximately $36,000. First Command Advisory Services Inc. purchased a new position in shares of Diageo during the third quarter valued at approximately $48,000. Finally, Orion Capital Management LLC purchased a new position in shares of Diageo during the third quarter valued at approximately $60,000. Institutional investors own 8.97% of the company’s stock.

Diageo Price Performance

DEO opened at $136.90 on Friday. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.58 and a quick ratio of 0.65. Diageo plc has a 52-week low of $135.63 and a 52-week high of $179.78. The stock’s 50 day moving average price is $142.37 and its 200-day moving average price is $144.39.

About Diageo

Diageo plc, together with its subsidiaries, engages in the production, marketing, and sale of alcoholic beverages. It offers scotch, gin, vodka, rum, raki, liqueur, wine, tequila, Chinese white spirits, cachaça, and brandy, as well as beer, including cider and flavoured malt beverages. The company also provides Canadian, Irish, American, and Indian-Made Foreign Liquor whiskies, as well as ready to drink and non-alcoholic products.