Diageo P L C (DEO) Holder Pinnacle Associates LTD Trimmed Its Holding by $833,582; As National Oilwell Varco (NOV) Valuation Declined, Centurylink Investment Management Company Raised Position by $313,690

Diageo plc (NYSE:DEO) Logo Centurylink Investment Management Company increased its stake in National Oilwell Varco Inc (NOV) by 38.39% based on its latest 2019Q1 regulatory filing with the SEC. Centurylink Investment Management Company bought 12,065 shares as the company’s stock declined 4.41% . The institutional investor held 43,490 shares of the energy company at the end of 2019Q1, valued at $1.16M, up from 31,425 at the end of the previous reported quarter. Centurylink Investment Management Company who had been investing in National Oilwell Varco Inc for a number of months, seems to be bullish on the $7.79B market cap company. The stock increased 0.50% or $0.1 during the last trading session, reaching $20.18. About 3.72 million shares traded. National Oilwell Varco, Inc. (NYSE:NOV) has declined 50.48% since August 13, 2018 and is downtrending. It has underperformed by 50.48% the S&P500. Some Historical NOV News: 21/04/2018 – DJ National Oilwell Varco Inc, Inst Holders, 1Q 2018 (NOV); 27/04/2018 – NATIONAL OILWELL: NOT PREPARED TO BOOST RETURNS TO SHAREHOLDERS; 26/04/2018 – NATIONAL OILWELL 1Q ADJ EBITDA $160M; 26/04/2018 – National Oilwell Varco: Most of the Deferred Capital Equipment Deliveries Were Accepted Early in 2Q; 08/05/2018 – Consolidated Research: 2018 Summary Expectations for The Mosaic, Newmont Mining, National Oilwell Varco, NxStage Medical, Publi; 16/04/2018 – National Oilwell Varco Cites Reduced Progress on New Offshore Rig Construction; 27/04/2018 – NATIONAL OILWELL SEEING MORE ELABORATE U.S. LAND RIG UPGRADES; 26/04/2018 – National Oilwell Varco 1Q Loss $68M; 04/05/2018 – National Oilwell at MUFG Securities Houston Energy Tour May 14; 26/04/2018 – National Oilwell Varco: Protracted Budgeting Cycle Early in Year Led to Slower-Than-Expected Start in Capital Equipment Busines

Pinnacle Associates Ltd decreased its stake in Diageo P L C (DEO) by 6.26% based on its latest 2019Q1 regulatory filing with the SEC. Pinnacle Associates Ltd sold 5,114 shares as the company’s stock declined 0.17% . The institutional investor held 76,558 shares of the beverages (production and distribution) company at the end of 2019Q1, valued at $12.53 million, down from 81,672 at the end of the previous reported quarter. Pinnacle Associates Ltd who had been investing in Diageo P L C for a number of months, seems to be less bullish one the $97.56 billion market cap company. The stock increased 0.61% or $1 during the last trading session, reaching $164.72. About 224,916 shares traded. Diageo plc (NYSE:DEO) has risen 13.88% since August 13, 2018 and […]

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