Diageo plc (LON:DGE - Get Free Report) insider Javier Ferrán bought 324 shares of the business's stock in a transaction on Thursday, October 10th. The shares were acquired at an average cost of GBX 2,531 ($33.12) per share, for a total transaction of £8,200.44 ($10,732.16).
Javier Ferrán also recently made the following trade(s):
- On Tuesday, September 10th, Javier Ferrán acquired 339 shares of Diageo stock. The shares were acquired at an average price of GBX 2,444 ($31.99) per share, for a total transaction of £8,285.16 ($10,843.03).
Diageo Stock Down 0.4 %
LON:DGE opened at GBX 2,543 ($33.28) on Friday. The company's 50 day moving average is GBX 2,492.31 and its two-hundred day moving average is GBX 2,621.61. The company has a market cap of £56.45 billion, a PE ratio of 1,971.32, a P/E/G ratio of 1.77 and a beta of 0.36. Diageo plc has a twelve month low of GBX 2,165.60 ($28.34) and a twelve month high of GBX 3,268.50 ($42.78). The company has a current ratio of 1.53, a quick ratio of 0.62 and a debt-to-equity ratio of 186.26.
Diageo Increases Dividend
The company also recently announced a dividend, which will be paid on Thursday, October 17th. Investors of record on Thursday, August 29th will be paid a $0.63 dividend. This is a positive change from Diageo's previous dividend of $0.41. The ex-dividend date of this dividend is Thursday, August 29th. This represents a yield of 1.92%. Diageo's dividend payout ratio (DPR) is 6,201.55%.
Wall Street Analysts Forecast Growth
Election warning coming true…
From Porter & Company | Ad
If you missed it, my emergency election broadcast is now available - watch it before it's too late.
Click here to watch it now.
A number of research firms have weighed in on DGE. Citigroup restated a "buy" rating and set a GBX 3,000 ($39.26) target price on shares of Diageo in a report on Monday, July 29th. JPMorgan Chase & Co. restated a "neutral" rating and set a GBX 3,200 ($41.88) price objective on shares of Diageo in a research note on Thursday, August 22nd. Finally, Royal Bank of Canada raised shares of Diageo to a "sector perform" rating and increased their price target for the company from GBX 2,100 ($27.48) to GBX 2,400 ($31.41) in a research report on Monday, August 12th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of GBX 3,008 ($39.37).
Read Our Latest Analysis on Diageo
Diageo Company Profile
(
Get Free Report)
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.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
