Diageo plc (LON:DGE) Insider Sells £796,648.27 in Stock

Diageo plc (LON:DGE) insider Siobhán Moriarty sold 22,703 shares of the business’s stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of GBX 3,509 ($45.85), for a total transaction of £796,648.27 ($1,040,962.07).

Siobhán Moriarty also recently made the following trade(s):

  • On Tuesday, September 10th, Siobhán Moriarty bought 3 shares of Diageo stock. The shares were acquired at an average cost of GBX 3,349 ($43.76) per share, with a total value of £100.47 ($131.28).
  • On Wednesday, July 10th, Siobhán Moriarty bought 4 shares of Diageo stock. The shares were acquired at an average cost of GBX 3,409 ($44.54) per share, with a total value of £136.36 ($178.18).

LON:DGE opened at GBX 3,362.50 ($43.94) on Thursday. The stock has a market cap of $78.81 billion and a price-to-earnings ratio of 25.85. The company has a quick ratio of 0.52, a current ratio of 1.34 and a debt-to-equity ratio of 125.00. The company’s 50 day moving average price is GBX 3,423.80 and its 200-day moving average price is GBX 3,276.72. Diageo plc has a 52 week low of GBX 2,513 ($32.84) and a 52 week high of GBX 3,633.50 ($47.48).

The company also recently disclosed a dividend, which will be paid on Thursday, October 3rd. Investors of record on Thursday, August 8th will be issued a GBX 42.47 ($0.55) dividend. This is a positive change from Diageo’s previous dividend of $26.10. This represents a yield of 1.3%. The ex-dividend date of this dividend is Thursday, August 8th. Diageo’s payout ratio is presently 0.53%.

A number of analysts have recently commented on the company. Kepler Capital Markets cut Diageo to a “hold” rating and boosted their price target for the stock from GBX 3,300 ($43.12) to GBX 3,400 ($44.43) in a research report on Tuesday, July 9th. Shore Capital restated an “under review” rating on shares of Diageo in a research note on Thursday, July 25th. Liberum Capital reaffirmed a “hold” rating on shares of Diageo in a research report on Friday, July 26th. Deutsche Bank reiterated a “hold” rating and set a GBX 3,500 ($45.73) price objective (down previously from GBX 3,550 ($46.39)) on shares of Diageo in a research note on Friday, July 26th. Finally, UBS Group reissued a “buy” rating and issued a GBX 3,750 ($49.00) target price on shares of Diageo in a report on Monday, August 19th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of GBX 3,388.93 ($44.28).

About Diageo

Diageo plc, together with its subsidiaries, produces, markets, and sells alcoholic beverages worldwide. The company offers a collection of brands across spirits, beer, cider, and wine categories. Its brands include Johnnie Walker, Crown Royal, J&B, Buchanan's and Windsor whiskies, Smirnoff, Cîroc and Ketel One vodkas, Captain Morgan, Baileys, Don Julio, Bundaberg, McDowell's No.

Read More: Initial Coin Offering (ICO)

Insider Buying and Selling by Quarter for Diageo (LON:DGE)

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