Palouse Capital Management, Inc. Buys Broadcom Inc, International Business Machines Corp, Service Properties Trust, Sells Nucor Corp, U.S. Bancorp, Bank of America Corp

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Feb 07, 2020
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Spokane, WA, based Investment company Palouse Capital Management, Inc. (Current Portfolio) buys Broadcom Inc, International Business Machines Corp, Service Properties Trust, EOG Resources Inc, ViacomCBS Inc, sells Nucor Corp, U.S. Bancorp, Bank of America Corp, Dow Inc, Service Properties Trust during the 3-months ended 2019Q4, according to the most recent filings of the investment company, Palouse Capital Management, Inc.. As of 2019Q4, Palouse Capital Management, Inc. owns 84 stocks with a total value of $263 million. These are the details of the buys and sells.

For the details of Palouse Capital Management, Inc.'s stock buys and sells, go to https://www.gurufocus.com/guru/palouse+capital+management%2C+inc./current-portfolio/portfolio

These are the top 5 holdings of Palouse Capital Management, Inc.
  1. SPDR Barclays 1-3 Month T-Bill ETF (BIL) - 154,937 shares, 5.39% of the total portfolio. Shares reduced by 2.69%
  2. AbbVie Inc (ABBV) - 103,563 shares, 3.49% of the total portfolio. Shares reduced by 8.43%
  3. CVS Health Corp (CVS) - 120,192 shares, 3.39% of the total portfolio. Shares reduced by 7.73%
  4. Prudential Financial Inc (PRU) - 85,957 shares, 3.06% of the total portfolio. Shares reduced by 7.56%
  5. The Kroger Co (KR) - 275,215 shares, 3.03% of the total portfolio. Shares reduced by 6.68%
New Purchase: Broadcom Inc (AVGOP.PFD)

Palouse Capital Management, Inc. initiated holding in Broadcom Inc. The purchase prices were between $1014 and $1199.2, with an estimated average price of $1124.36. The stock is now traded at around $1186.56. The impact to a portfolio due to this purchase was 1.7%. The holding were 3,788 shares as of .

New Purchase: International Business Machines Corp (IBM)

Palouse Capital Management, Inc. initiated holding in International Business Machines Corp. The purchase prices were between $131.91 and $143, with an estimated average price of $135.78. The stock is now traded at around $153.97. The impact to a portfolio due to this purchase was 1.48%. The holding were 29,026 shares as of .

New Purchase: Service Properties Trust (SVC)

Palouse Capital Management, Inc. initiated holding in Service Properties Trust. The purchase prices were between $22.51 and $26.2, with an estimated average price of $24.33. The stock is now traded at around $22.38. The impact to a portfolio due to this purchase was 1.33%. The holding were 143,907 shares as of .

New Purchase: EOG Resources Inc (EOG)

Palouse Capital Management, Inc. initiated holding in EOG Resources Inc. The purchase prices were between $64.44 and $83.81, with an estimated average price of $73.43. The stock is now traded at around $74.23. The impact to a portfolio due to this purchase was 1.17%. The holding were 36,697 shares as of .

New Purchase: ViacomCBS Inc (0VVB)

Palouse Capital Management, Inc. initiated holding in ViacomCBS Inc. The purchase prices were between $31.6 and $38.4, with an estimated average price of $34.93. The stock is now traded at around $31.40. The impact to a portfolio due to this purchase was 0.98%. The holding were 61,644 shares as of .

Added: Cisco Systems Inc (CSCO)

Palouse Capital Management, Inc. added to a holding in Cisco Systems Inc by 40.75%. The purchase prices were between $43.52 and $48.83, with an estimated average price of $46.46. The stock is now traded at around $48.06. The impact to a portfolio due to this purchase was 0.59%. The holding were 111,463 shares as of .

Added: Simon Property Group Inc (SPG)

Palouse Capital Management, Inc. added to a holding in Simon Property Group Inc by 26.17%. The purchase prices were between $144.01 and $158.06, with an estimated average price of $149.85. The stock is now traded at around $140.44. The impact to a portfolio due to this purchase was 0.54%. The holding were 45,896 shares as of .

Added: PIMCO Enhanced Short Maturity Active Exchange-Trad (MINT)

Palouse Capital Management, Inc. added to a holding in PIMCO Enhanced Short Maturity Active Exchange-Trad by 23.47%. The purchase prices were between $101.57 and $101.77, with an estimated average price of $101.66. The stock is now traded at around $101.80. The impact to a portfolio due to this purchase was 0.52%. The holding were 70,989 shares as of .

Added: General Motors Co (GM)

Palouse Capital Management, Inc. added to a holding in General Motors Co by 28.89%. The purchase prices were between $33.88 and $38.72, with an estimated average price of $36.34. The stock is now traded at around $34.01. The impact to a portfolio due to this purchase was 0.43%. The holding were 139,168 shares as of .

Sold Out: Nucor Corp (NUE)

Palouse Capital Management, Inc. sold out a holding in Nucor Corp. The sale prices were between $48.65 and $58.12, with an estimated average price of $54.67.

Sold Out: U.S. Bancorp (USB)

Palouse Capital Management, Inc. sold out a holding in U.S. Bancorp. The sale prices were between $52.38 and $60.68, with an estimated average price of $57.94.

Sold Out: Bank of America Corp (BAC)

Palouse Capital Management, Inc. sold out a holding in Bank of America Corp. The sale prices were between $27.63 and $35.52, with an estimated average price of $32.44.

Sold Out: Dow Inc (DOW)

Palouse Capital Management, Inc. sold out a holding in Dow Inc. The sale prices were between $43.85 and $55.99, with an estimated average price of $51.84.

Sold Out: Service Properties Trust (HPO)

Palouse Capital Management, Inc. sold out a holding in Service Properties Trust. The sale prices were between $20.32 and $23.2, with an estimated average price of $21.77.

Sold Out: Pentair PLC (PNR)

Palouse Capital Management, Inc. sold out a holding in Pentair PLC. The sale prices were between $35.16 and $45.97, with an estimated average price of $42.41.



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