<div id="readability-page-1"><p>Squarepoint Ops LLC reduced its position in shares of  Diageo plc (NYSE:DEO - Free Report) by 43.2% during the 2nd quarter, according to its most recent 13F filing with the Securities &amp; Exchange Commission. The firm owned 23,996 shares of the company's stock after selling 18,228 shares during the quarter. Squarepoint Ops LLC's holdings in Diageo were worth $2,420,000 as of its most recent filing with the Securities &amp; Exchange Commission.</p><ul><li>Zoom Video Indicates Normalization Ends and Growth Resumes</li></ul><p>Other hedge funds have also made changes to their positions in the company. Savant Capital LLC bought a new position in  Diageo during the 2nd quarter worth about $310,000.  Philip James Wealth Mangement LLC boosted its stake in shares of  Diageo by 81.8% during the second quarter. Philip James Wealth Mangement LLC now owns 33,107 shares of the company's stock valued at $3,338,000 after purchasing an additional 14,895 shares in the last quarter.  Martin Capital Partners LLC increased its holdings in  Diageo by 225.8% during the second quarter. Martin Capital Partners LLC now owns 32,525 shares of the company's stock valued at $3,280,000 after buying an additional 22,542 shares during the period.  Arrowstreet Capital Limited Partnership increased its holdings in  Diageo by 353.7% during the second quarter. Arrowstreet Capital Limited Partnership now owns 717,740 shares of the company's stock valued at $72,377,000 after buying an additional 559,547 shares during the period.  Finally, Cobblestone Capital Advisors LLC NY raised its stake in  Diageo by 5.1% in the second quarter. Cobblestone Capital Advisors LLC NY now owns 127,388 shares of the company's stock worth $12,846,000 after buying an additional 6,145 shares in the last quarter. 8.97% of the stock is currently owned by hedge funds and other institutional investors. </p><h2>Analysts Set New Price Targets</h2><p>Several analysts have issued reports on DEO shares. UBS Group  reaffirmed a &#34;neutral&#34; rating on shares of Diageo in a research report on Wednesday, December 3rd. Barclays  reaffirmed an &#34;overweight&#34; rating on shares of Diageo in a research report on Thursday, December 11th. Bank of America reduced their target price on shares of Diageo from $117.00 to $109.00 and set a &#34;buy&#34; rating for the company in a report on Friday, September 26th. Weiss Ratings  reaffirmed a &#34;sell (d)&#34; rating on shares of Diageo in a research report on Wednesday, October 8th. Finally, Zacks Research lowered shares of Diageo from a &#34;hold&#34; rating to a &#34;strong sell&#34; rating in a research note on Tuesday, November 11th. Three equities research analysts have rated the stock with a Buy rating, four have assigned  a Hold rating and three have given a Sell rating to the company's stock. According to MarketBeat, the company presently has an average rating of &#34;Hold&#34; and a consensus price target of $119.00.</p><ul><li>Modelo Sale Success Propels Constellation Brands In The Market</li></ul><p><b>View Our Latest Research Report on Diageo</b></p><h2>Diageo Stock Up 0.4%</h2><p>Diageo stock opened at $89.76 on Thursday. The company has a current ratio of 1.63, a quick ratio of 0.64 and a debt-to-equity ratio of 1.64. The stock has a 50-day moving average of $92.60 and a two-hundred day moving average of $100.15. Diageo plc has a one year low of $85.13 and a one year high of $128.29. </p><h2>Diageo Profile</h2> (Free Report)<ul><li>3 Beer Stocks to Tap into if You're Ready for Some Football</li></ul><p>Diageo plc, together with its subsidiaries, engages in the production, marketing, and sale of alcoholic beverages. The company offers scotch, gin, vodka, rum, raki, liqueur, wine, tequila, Chinese white spirits, cachaça, and brandy, as well as beer, including cider and flavored malt beverages. It also provides Chinese, Canadian, Irish, American, and Indian-Made Foreign Liquor whiskies, as well as flavored malt beverages, ready to drink, and non-alcoholic products.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Diageo</li><li>What Are Dividend Champions? How to Invest in the Champions</li><li>Post 35% Surge, Analysts Eye More Upside in Copper Giant Freeport</li><li>What is the Dogs of the Dow Strategy? Overview and Examples</li><li>Why a SpaceX IPO Could Be a Major Catalyst for GOOGL Stock</li><li>What is diluted earnings per share (Diluted EPS)?</li><li>Can Upwork Maintain Its Comeback? Reasons to Be Bullish and Bearish</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPURFTw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPURFTw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Diageo Right Now?</h2><p>Before you consider Diageo, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Diageo wasn't on the list.</p><p>While Diageo currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Squarepoint Ops LLC reduced its holdings in Diageo plc by 43.2% in the 2nd quarter, owning 23,996 shares worth $2,420,000. Other hedge funds adjusted their positions in Diageo, with some increasing their stakes significantly. Analysts have mixed ratings on Diageo, with a consensus price target of $119.00. Diageo's stock opened at $89.76, with a current ratio of 1.63 and a debt-to-equity ratio of 1.64. The company engages in the production and sale of alcoholic beverages.</p>

Squarepoint Ops LLC Lowers Holdings in Diageo plc $DEO