Donald Yacktman of the Yacktman Funds reported his portfolio in the first quarter. As of 03/31/2011, Yacktman Asset Management Co. owns 61 stocks with a total value of $8 billion. These are the details of the buys and sells.
The solid performances of the Yacktman Funds have attracted tremendous asset inflows for the firm. $10,000 invested in The Yacktman Focused Fund and The Yacktman Fund 10 years ago would be $34,303 and $32,370 on March 31, 2011 compared to $13,828 in the S&P 500. Both funds generated annualized returns of 10% or more for each of the 1, 3, 5, and 10-year time periods ending March 31, 2011. To understand more about how Don Yacktman invests, read our recent interview with Yacktman fund managers:
Yacktman Managers Interview: Answers to Fund Management, Portfolio and Investment Strategy Questions
Don Yacktman just released his shareholder letter. In his commentary, he highlighted the attractive valuation of the “Old tech”. He wrote: Today, this “old tech” group is now so disliked it sells at less than ½ the multiple of the S&P 500 even though the companies in this group exhibit business characteristics that we believe are superior to the average company in the S&P 500. The “old tech” balance sheets are some of the strongest around. More recently, since 2007, the underlying businesses of our “old tech” basket have performed well and vastly outperformed the S&P 500, yet the stocks have dramatically underperformed. Each of the four companies in our “old tech” basket sells at less than 10 times our projection of 2011 earnings, net of the cash on the balance sheet. As long as the businesses on average do not go into unpredicted, sudden, and rapid decline, our investments should do well over time.
This is the portfolio chart of Donald Yacktman. You can click on the legend of the chart to show/hide buys, sells, or holdings. Each ball on the chart represents a position in the portfolio. You can move your mouse on the balls to see the details of each position and click to see the details of all guru trades with this position.
This is the sector weightings of his portfolio:
These are the top 5 holdings of Donald Yacktman
Added: Pepsico Inc. (PEP, Financial)
Donald Yacktman added to his holdings in Pepsico Inc. by 55.62%. His purchase prices were between $62.31 and $66.91, with an estimated average price of $64.57. The impact to his portfolio due to this purchase was 4.24%. His holdings were 14,651,370 shares as of 03/31/2011.
PepsiCo, Inc. consists of: Frito-Lay Company, Pepsi-Cola Company, and Tropicana Products. Pepsico Inc. has a market cap of $110.26 billion; its shares were traded at around $68.89 with a P/E ratio of 16.76 and P/S ratio of 1.91. The dividend yield of Pepsico Inc. stocks is 2.79%. Pepsico Inc. had an annual average earnings growth of 8.5% over the past 10 years. GuruFocus rated Pepsico Inc. the business predictability rank of 4.5-star.
Added: Procter & Gamble Company (PG, Financial)
Donald Yacktman added to his holdings in Procter & Gamble Company by 85.17%. His purchase prices were between $59.73 and $66.7, with an estimated average price of $63.31. The impact to his portfolio due to this purchase was 3.35%. His holdings were 9,402,812 shares as of 03/31/2011.
The Procter & Gamble Company manufactures and markets a broad range of consumer products in many countries throughout the world. Procter & Gamble Company has a market cap of $181.77 billion; its shares were traded at around $64.9 with a P/E ratio of 16.99 and P/S ratio of 2.3. The dividend yield of Procter & Gamble Company stocks is 3.24%. Procter & Gamble Company had an annual average earnings growth of 12.3% over the past 10 years. GuruFocus rated Procter & Gamble Company the business predictability rank of 3.5-star.
Added: News Corp. (NWSA, Financial)
Donald Yacktman added to his holdings in News Corp. by 26.78%. His purchase prices were between $14.13 and $17.71, with an estimated average price of $16.21. The impact to his portfolio due to this purchase was 2.72%. His holdings were 58,417,160 shares as of 03/31/2011.
NEWS CORPORATION is a diversified entertainment company with operations in eight industry segments: filmed entertainment; television; cable network programming; direct broadcast satellite television; magazines and inserts; newspapers and information services; book publishing; and other. News Corp. has a market cap of $32.58 billion; its shares were traded at around $17.84 with a P/E ratio of 16.8 and P/S ratio of 1. The dividend yield of News Corp. stocks is 0.8%.
Added: Microsoft Corp. (MSFT, Financial)
Donald Yacktman added to his holdings in Microsoft Corp. by 66%. His purchase prices were between $24.78 and $28.87, with an estimated average price of $27.04. The impact to his portfolio due to this purchase was 2.72%. His holdings were 21,434,638 shares as of 03/31/2011.
Microsoft develops, manufactures, licenses, and supports a wide range of software products for a multitude of computing devices. Microsoft Corp. has a market cap of $215.61 billion; its shares were traded at around $25.66 with a P/E ratio of 10.4 and P/S ratio of 3.5. The dividend yield of Microsoft Corp. stocks is 2.5%. Microsoft Corp. had an annual average earnings growth of 12.6% over the past 10 years. GuruFocus rated Microsoft Corp. the business predictability rank of 3-star.
Added: Sysco Corp. (SYY, Financial)
Donald Yacktman added to his holdings in Sysco Corp. by 124.57%. His purchase prices were between $27.45 and $30.5, with an estimated average price of $28.67. The impact to his portfolio due to this purchase was 2.1%. His holdings were 10,891,089 shares as of 03/31/2011.
Sysco Corporation is the largest North American distributor of food and food related products to the foodservice or `food-prepared-away-from-home` industry. Sysco Corp. has a market cap of $16.85 billion; its shares were traded at around $28.91 with a P/E ratio of 15.38 and P/S ratio of 0.45. The dividend yield of Sysco Corp. stocks is 3.6%. Sysco Corp. had an annual average earnings growth of 8.6% over the past 10 years. GuruFocus rated Sysco Corp. the business predictability rank of 3.5-star.
Added: Johnson & Johnson (JNJ, Financial)
Donald Yacktman added to his holdings in Johnson & Johnson by 51.99%. His purchase prices were between $57.66 and $63.35, with an estimated average price of $60.71. The impact to his portfolio due to this purchase was 1.33%. His holdings were 5,218,129 shares as of 03/31/2011.
Johnson & Johnson is engaged in the manufacture and sale of a broad range of products in the health care field in many countries of the world. Johnson & Johnson has a market cap of $180.09 billion; its shares were traded at around $65.72 with a P/E ratio of 13.63 and P/S ratio of 2.92. The dividend yield of Johnson & Johnson stocks is 3.29%. Johnson & Johnson had an annual average earnings growth of 9.3% over the past 10 years. GuruFocus rated Johnson & Johnson the business predictability rank of 4-star.
Added: Cisco Systems Inc. (CSCO, Financial)
Donald Yacktman added to his holdings in Cisco Systems Inc. by 105.57%. His purchase prices were between $17 and $22.05, with an estimated average price of $19.5. The impact to his portfolio due to this purchase was 1.22%. His holdings were 11,018,071 shares as of 03/31/2011.
Cisco Systems, Inc. is the worldwide leader in networking for the Internet. Cisco Systems Inc. has a market cap of $97.18 billion; its shares were traded at around $17.58 with a P/E ratio of 12.3 and P/S ratio of 2.4. The dividend yield of Cisco Systems Inc. stocks is 1.4%. Cisco Systems Inc. had an annual average earnings growth of 23% over the past 10 years. GuruFocus rated Cisco Systems Inc. the business predictability rank of 2.5-star.
Added: Colgatepalmolive Company (CL)
Donald Yacktman added to his holdings in Colgatepalmolive Company by 1141.64%. His purchase prices were between $75.93 and $81.21, with an estimated average price of $78.37. The impact to his portfolio due to this purchase was 0.82%. His holdings were 876,600 shares as of 03/31/2011.
Colgate-Palmolive is a global consumer products company, tightly focused on Oral Care, Personal Care, Household Surface Care, Fabric Care and Pet Nutrition. Colgatepalmolive Company has a market cap of $41.37 billion; its shares were traded at around $84.35 with a P/E ratio of 17.65 and P/S ratio of 2.66. The dividend yield of Colgatepalmolive Company stocks is 2.75%. Colgatepalmolive Company had an annual average earnings growth of 8.9% over the past 10 years. GuruFocus rated Colgatepalmolive Company the business predictability rank of 4.5-star.
Added: Hewlett Packard Co (HPQ)
Donald Yacktman added to his holdings in Hewlett Packard Co by 34.88%. His purchase prices were between $40.14 and $48.99, with an estimated average price of $44.65. The impact to his portfolio due to this purchase was 0.58%. His holdings were 4,383,335 shares as of 03/31/2011.
Hewlett Packard is one of the global providers of computing and imaging solutions and services for business and home. Hewlett Packard Co has a market cap of $87.36 billion; its shares were traded at around $40.37 with a P/E ratio of 8.31 and P/S ratio of 0.69. The dividend yield of Hewlett Packard Co stocks is 0.79%. Hewlett Packard Co had an annual average earnings growth of 22.5% over the past 5 years.
Added: U.s. Bancorp (USB)
Donald Yacktman added to his holdings in U.s. Bancorp by 29.38%. His purchase prices were between $26.05 and $28.7, with an estimated average price of $27.14. The impact to his portfolio due to this purchase was 0.58%. His holdings were 7,665,865 shares as of 03/31/2011.
U.S. Bancorp is a financial services holding company. U.s. Bancorp has a market cap of $49.71 billion; its shares were traded at around $25.82 with a P/E ratio of 13.66 and P/S ratio of 2.42. The dividend yield of U.s. Bancorp stocks is 1.94%. U.s. Bancorp had an annual average earnings growth of 1.6% over the past 10 years.
Added: H&r Block Inc. (HRB)
Donald Yacktman added to his holdings in H&r Block Inc. by 20.56%. His purchase prices were between $11.91 and $16.8, with an estimated average price of $14.13. The impact to his portfolio due to this purchase was 0.48%. His holdings were 13,270,038 shares as of 03/31/2011.
H&R Block Inc. is a diversified company involved in tax return preparation,electronic filing of income tax returns and other tax-related services. H&r Block Inc. has a market cap of $5.28 billion; its shares were traded at around $17.29 with a P/E ratio of 11.84 and P/S ratio of 1.36. The dividend yield of H&r Block Inc. stocks is 3.47%.
Added: C.r. Bard Inc. (BCR)
Donald Yacktman added to his holdings in C.r. Bard Inc. by 10.95%. His purchase prices were between $90.92 and $98.71, with an estimated average price of $94.86. The impact to his portfolio due to this purchase was 0.29%. His holdings were 2,379,738 shares as of 03/31/2011.
C.R. Bard, Inc. is one of the worldwide leaders in developing, manufacturing, and supplying healthcare products that focus on Vascular, Urology, and Oncology Disease States. C.r. Bard Inc. has a market cap of $9.23 billion; its shares were traded at around $106.75 with a P/E ratio of 18.19 and P/S ratio of 3.39. The dividend yield of C.r. Bard Inc. stocks is 0.67%. C.r. Bard Inc. had an annual average earnings growth of 15.6% over the past 10 years. GuruFocus rated C.r. Bard Inc. the business predictability rank of 5-star.
Added: Walmart Stores Inc. (WMT)
Donald Yacktman added to his holdings in Walmart Stores Inc. by 30.07%. His purchase prices were between $51.37 and $57.57, with an estimated average price of $53.98. The impact to his portfolio due to this purchase was 0.28%. His holdings were 1,857,653 shares as of 03/31/2011.
Wal-Mart Stores, Inc. is the world's largest retailer. Walmart Stores Inc. has a market cap of $191.67 billion; its shares were traded at around $54.98 with a P/E ratio of 13.44 and P/S ratio of 0.45. The dividend yield of Walmart Stores Inc. stocks is 2.66%. Walmart Stores Inc. had an annual average earnings growth of 11.1% over the past 10 years. GuruFocus rated Walmart Stores Inc. the business predictability rank of 5-star.
Added: Becton Dickinson And Co. (BDX)
Donald Yacktman added to his holdings in Becton Dickinson And Co. by 23.09%. His purchase prices were between $76.51 and $85.64, with an estimated average price of $81.15. The impact to his portfolio due to this purchase was 0.26%. His holdings were 1,355,961 shares as of 03/31/2011.
Becton, Dickinson and Co. is engaged principally in the manufacture and sale of a broad line of supplies, devices and systems used by health care professionals, medical research institutions and the general public. Becton Dickinson And Co. has a market cap of $19 billion; its shares were traded at around $85.94 with a P/E ratio of 16.34 and P/S ratio of 2.58. The dividend yield of Becton Dickinson And Co. stocks is 1.91%. Becton Dickinson And Co. had an annual average earnings growth of 14% over the past 10 years. GuruFocus rated Becton Dickinson And Co. the business predictability rank of 5-star.
Added: Bank Of New York Mellon Corp. (BK)
Donald Yacktman added to his holdings in Bank Of New York Mellon Corp. by 48.28%. His purchase prices were between $28.2 and $32.37, with an estimated average price of $30.65. The impact to his portfolio due to this purchase was 0.19%. His holdings were 1,548,173 shares as of 03/31/2011.
Bank of New York is a bank holding company and one of the world's larger financial institutions. Bank Of New York Mellon Corp. has a market cap of $35.97 billion; its shares were traded at around $28.96 with a P/E ratio of 12.7 and P/S ratio of 2.59. The dividend yield of Bank Of New York Mellon Corp. stocks is 1.8%.
Added: Exxon Mobil Corp. (XOM)
Donald Yacktman added to his holdings in Exxon Mobil Corp. by 16.96%. His purchase prices were between $73.12 and $85.97, with an estimated average price of $81.35. The impact to his portfolio due to this purchase was 0.17%. His holdings were 1,088,248 shares as of 03/31/2011.
Exxon Mobil Corporation's principal business is energy, involving exploration for, and production of, crude oil and natural gas, manufacturing of petroleum products and transportation and sale of crudeoil, natural gas and petroleum products. Exxon Mobil Corp. has a market cap of $436.26 billion; its shares were traded at around $87.98 with a P/E ratio of 12.51 and P/S ratio of 1.14. The dividend yield of Exxon Mobil Corp. stocks is 2%. Exxon Mobil Corp. had an annual average earnings growth of 9.1% over the past 10 years.
Added: Viacom Inc. (VIA.B)
Donald Yacktman added to his holdings in Viacom Inc. by 3.6%. His purchase prices were between $39.61 and $47, with an estimated average price of $43.67. The impact to his portfolio due to this purchase was 0.15%. His holdings were 7,396,728 shares as of 03/31/2011.
Viacom is a global entertainment content company whose family of prominent and respected brands includes the multiplatform properties of MTV Networks, BET Networks, Paramount Pictures, Paramount Home Entertainment and DreamWorks. Viacom Inc. has a market cap of $27.9 billion; its shares were traded at around $51.16 with a P/E ratio of 16.14 and P/S ratio of 2.99. The dividend yield of Viacom Inc. stocks is 1.17%. Viacom Inc. had an annual average earnings growth of 32% over the past 5 years.
Added: Apollo Group Inc. (APOL)
Donald Yacktman added to his holdings in Apollo Group Inc. by 8.94%. His purchase prices were between $35.94 and $45.82, with an estimated average price of $42.25. The impact to his portfolio due to this purchase was 0.13%. His holdings were 3,110,949 shares as of 03/31/2011.
Apollo Group, Inc. has been providing higher education to working adults for over 25 years. Apollo Group Inc. has a market cap of $5.82 billion; its shares were traded at around $40.76 with a P/E ratio of 7.4 and P/S ratio of 1.2. Apollo Group Inc. had an annual average earnings growth of 23.8% over the past 10 years. GuruFocus rated Apollo Group Inc. the business predictability rank of 4-star.
New Purchase: Intel Corp. (INTC)
Donald Yacktman initiated holdings in Intel Corp.. His purchase prices were between $19.8075 and $22.14, with an estimated average price of $21.12. The impact to his portfolio due to this purchase was 0.54%. His holdings were 2,119,200 shares as of 03/31/2011.
Intel Corporation is one of the world's largest semiconductor chip maker. Intel Corp. has a market cap of $125.73 billion; its shares were traded at around $22.91 with a P/E ratio of 10.5 and P/S ratio of 2.9. The dividend yield of Intel Corp. stocks is 3.2%. Intel Corp. had an annual average earnings growth of 9.5% over the past 10 years. GuruFocus rated Intel Corp. the business predictability rank of 2-star.
Reduced: Clorox Company (CLX)
Donald Yacktman reduced to his holdings in Clorox Company by 25.63%. His sale prices were between $61.57 and $71.26, with an estimated average price of $66.15. The impact to his portfolio due to this sale was -0.82%. Donald Yacktman still held 2,709,142 shares as of 03/31/2011.
Clorox Company's business operations, represented by the aggregate of its U. Clorox Company has a market cap of $9.59 billion; its shares were traded at around $69.66 with a P/E ratio of 16.83 and P/S ratio of 1.73. The dividend yield of Clorox Company stocks is 3.16%. Clorox Company had an annual average earnings growth of 11.6% over the past 10 years. GuruFocus rated Clorox Company the business predictability rank of 5-star.
Reduced: Ebay Inc. (EBAY)
Donald Yacktman reduced to his holdings in Ebay Inc. by 39.98%. His sale prices were between $27.695 and $34.69, with an estimated average price of $31.12. The impact to his portfolio due to this sale was -0.47%. Donald Yacktman still held 1,790,000 shares as of 03/31/2011.
eBay is one of the world's largest online trading communities. Ebay Inc. has a market cap of $43.65 billion; its shares were traded at around $33.64 with a P/E ratio of 21.7 and P/S ratio of 4.8. Ebay Inc. had an annual average earnings growth of 27.3% over the past 10 years. GuruFocus rated Ebay Inc. the business predictability rank of 2-star.
Reduced: Tjx Companies Inc. (TJX)
Donald Yacktman reduced to his holdings in Tjx Companies Inc. by 80.2%. His sale prices were between $43 and $50.94, with an estimated average price of $48.41. The impact to his portfolio due to this sale was -0.04%. Donald Yacktman still held 10,100 shares as of 03/31/2011.
TJX Companies, Inc. is an off-price retailer of apparel and home fashions in the U. Tjx Companies Inc. has a market cap of $20.89 billion; its shares were traded at around $53.62 with a P/E ratio of 15.32 and P/S ratio of 0.95. The dividend yield of Tjx Companies Inc. stocks is 1.12%. Tjx Companies Inc. had an annual average earnings growth of 11.5% over the past 10 years. GuruFocus rated Tjx Companies Inc. the business predictability rank of 4.5-star.
Sold Out: Dish Network Corp. (DISH, Financial)
Donald Yacktman sold out his holdings in Dish Network Corp.. His sale prices were between $19.56 and $24.4, with an estimated average price of $22.48.
DISH NETWORK CP offers satellite television products and services. Dish Network Corp. has a market cap of $13.21 billion; its shares were traded at around $29.79 with a P/E ratio of 13.5 and P/S ratio of 1. Dish Network Corp. had an annual average earnings growth of 28% over the past 10 years.
Sold Out: Loews Corp. (L, Financial)
Donald Yacktman sold out his holdings in Loews Corp.. His sale prices were between $38.91 and $43.27, with an estimated average price of $41.72.
Loews Corporation is a holding company. Its subsidiaries are engaged in thefollowing lines of business: property, casualty and life insurance; the production and sale of cigarettes; the operation of hotels; the operation of offshore oil and gas drilling rigs; and the distribution and sale of watches and clocks. Loews Corp. has a market cap of $18.23 billion; its shares were traded at around $44.26 with a P/E ratio of 14.51 and P/S ratio of 1.25. The dividend yield of Loews Corp. stocks is 0.56%. Loews Corp. had an annual average earnings growth of 22.8% over the past 5 years.
Sold Out: Bank Of America Corp. (BAC, Financial)
Donald Yacktman sold out his holdings in Bank Of America Corp.. His sale prices were between $13.34 and $15.25, with an estimated average price of $14.2.
Bank of America Corp. is one of the world's financial services companies. Bank Of America Corp. has a market cap of $123.85 billion; its shares were traded at around $12.28 with a P/E ratio of 16.37 and P/S ratio of 0.92. The dividend yield of Bank Of America Corp. stocks is 0.33%.
The solid performances of the Yacktman Funds have attracted tremendous asset inflows for the firm. $10,000 invested in The Yacktman Focused Fund and The Yacktman Fund 10 years ago would be $34,303 and $32,370 on March 31, 2011 compared to $13,828 in the S&P 500. Both funds generated annualized returns of 10% or more for each of the 1, 3, 5, and 10-year time periods ending March 31, 2011. To understand more about how Don Yacktman invests, read our recent interview with Yacktman fund managers:
Yacktman Managers Interview: Answers to Fund Management, Portfolio and Investment Strategy Questions
Don Yacktman just released his shareholder letter. In his commentary, he highlighted the attractive valuation of the “Old tech”. He wrote: Today, this “old tech” group is now so disliked it sells at less than ½ the multiple of the S&P 500 even though the companies in this group exhibit business characteristics that we believe are superior to the average company in the S&P 500. The “old tech” balance sheets are some of the strongest around. More recently, since 2007, the underlying businesses of our “old tech” basket have performed well and vastly outperformed the S&P 500, yet the stocks have dramatically underperformed. Each of the four companies in our “old tech” basket sells at less than 10 times our projection of 2011 earnings, net of the cash on the balance sheet. As long as the businesses on average do not go into unpredicted, sudden, and rapid decline, our investments should do well over time.
This is the portfolio chart of Donald Yacktman. You can click on the legend of the chart to show/hide buys, sells, or holdings. Each ball on the chart represents a position in the portfolio. You can move your mouse on the balls to see the details of each position and click to see the details of all guru trades with this position.
- New Purchases: INTC,
- Added Positions: PEP, PG, MSFT, NWSA, SYY, JNJ, CSCO, CL, USB, HPQ, HRB, BCR, WMT, BDX, BK, XOM, VIA.B, APOL,
- Reduced Positions: CLX, EBAY, TJX,
- Sold Out: DISH, L, BAC,
This is the sector weightings of his portfolio:
| Consumer Services | 30.9% |
| Consumer Goods | 29.1% |
| Health Care | 16.8% |
| Technology | 13% |
| Oil & Gas | 5.4% |
| Financials | 3.9% |
| Industrials | 0.9% |
These are the top 5 holdings of Donald Yacktman
- News Corp. (NWSA) - 58,417,160 shares, 12.89% of the total portfolio. Shares added by 26.78%
- PEPSICO INC. (PEP) - 14,651,370 shares, 11.86% of the total portfolio. Shares added by 55.62%
- PROCTER & GAMBLE COMPANY (PG) - 9,402,812 shares, 7.28% of the total portfolio. Shares added by 85.17%
- Microsoft Corp. (MSFT) - 21,434,638 shares, 6.83% of the total portfolio. Shares added by 66%
- COCACOLA COMPANY (KO) - 6,696,316 shares, 5.58% of the total portfolio. Shares reduced by 1.8%
Added: Pepsico Inc. (PEP, Financial)
Donald Yacktman added to his holdings in Pepsico Inc. by 55.62%. His purchase prices were between $62.31 and $66.91, with an estimated average price of $64.57. The impact to his portfolio due to this purchase was 4.24%. His holdings were 14,651,370 shares as of 03/31/2011.
PepsiCo, Inc. consists of: Frito-Lay Company, Pepsi-Cola Company, and Tropicana Products. Pepsico Inc. has a market cap of $110.26 billion; its shares were traded at around $68.89 with a P/E ratio of 16.76 and P/S ratio of 1.91. The dividend yield of Pepsico Inc. stocks is 2.79%. Pepsico Inc. had an annual average earnings growth of 8.5% over the past 10 years. GuruFocus rated Pepsico Inc. the business predictability rank of 4.5-star.
Added: Procter & Gamble Company (PG, Financial)
Donald Yacktman added to his holdings in Procter & Gamble Company by 85.17%. His purchase prices were between $59.73 and $66.7, with an estimated average price of $63.31. The impact to his portfolio due to this purchase was 3.35%. His holdings were 9,402,812 shares as of 03/31/2011.
The Procter & Gamble Company manufactures and markets a broad range of consumer products in many countries throughout the world. Procter & Gamble Company has a market cap of $181.77 billion; its shares were traded at around $64.9 with a P/E ratio of 16.99 and P/S ratio of 2.3. The dividend yield of Procter & Gamble Company stocks is 3.24%. Procter & Gamble Company had an annual average earnings growth of 12.3% over the past 10 years. GuruFocus rated Procter & Gamble Company the business predictability rank of 3.5-star.
Added: News Corp. (NWSA, Financial)
Donald Yacktman added to his holdings in News Corp. by 26.78%. His purchase prices were between $14.13 and $17.71, with an estimated average price of $16.21. The impact to his portfolio due to this purchase was 2.72%. His holdings were 58,417,160 shares as of 03/31/2011.
NEWS CORPORATION is a diversified entertainment company with operations in eight industry segments: filmed entertainment; television; cable network programming; direct broadcast satellite television; magazines and inserts; newspapers and information services; book publishing; and other. News Corp. has a market cap of $32.58 billion; its shares were traded at around $17.84 with a P/E ratio of 16.8 and P/S ratio of 1. The dividend yield of News Corp. stocks is 0.8%.
Added: Microsoft Corp. (MSFT, Financial)
Donald Yacktman added to his holdings in Microsoft Corp. by 66%. His purchase prices were between $24.78 and $28.87, with an estimated average price of $27.04. The impact to his portfolio due to this purchase was 2.72%. His holdings were 21,434,638 shares as of 03/31/2011.
Microsoft develops, manufactures, licenses, and supports a wide range of software products for a multitude of computing devices. Microsoft Corp. has a market cap of $215.61 billion; its shares were traded at around $25.66 with a P/E ratio of 10.4 and P/S ratio of 3.5. The dividend yield of Microsoft Corp. stocks is 2.5%. Microsoft Corp. had an annual average earnings growth of 12.6% over the past 10 years. GuruFocus rated Microsoft Corp. the business predictability rank of 3-star.
Added: Sysco Corp. (SYY, Financial)
Donald Yacktman added to his holdings in Sysco Corp. by 124.57%. His purchase prices were between $27.45 and $30.5, with an estimated average price of $28.67. The impact to his portfolio due to this purchase was 2.1%. His holdings were 10,891,089 shares as of 03/31/2011.
Sysco Corporation is the largest North American distributor of food and food related products to the foodservice or `food-prepared-away-from-home` industry. Sysco Corp. has a market cap of $16.85 billion; its shares were traded at around $28.91 with a P/E ratio of 15.38 and P/S ratio of 0.45. The dividend yield of Sysco Corp. stocks is 3.6%. Sysco Corp. had an annual average earnings growth of 8.6% over the past 10 years. GuruFocus rated Sysco Corp. the business predictability rank of 3.5-star.
Added: Johnson & Johnson (JNJ, Financial)
Donald Yacktman added to his holdings in Johnson & Johnson by 51.99%. His purchase prices were between $57.66 and $63.35, with an estimated average price of $60.71. The impact to his portfolio due to this purchase was 1.33%. His holdings were 5,218,129 shares as of 03/31/2011.
Johnson & Johnson is engaged in the manufacture and sale of a broad range of products in the health care field in many countries of the world. Johnson & Johnson has a market cap of $180.09 billion; its shares were traded at around $65.72 with a P/E ratio of 13.63 and P/S ratio of 2.92. The dividend yield of Johnson & Johnson stocks is 3.29%. Johnson & Johnson had an annual average earnings growth of 9.3% over the past 10 years. GuruFocus rated Johnson & Johnson the business predictability rank of 4-star.
Added: Cisco Systems Inc. (CSCO, Financial)
Donald Yacktman added to his holdings in Cisco Systems Inc. by 105.57%. His purchase prices were between $17 and $22.05, with an estimated average price of $19.5. The impact to his portfolio due to this purchase was 1.22%. His holdings were 11,018,071 shares as of 03/31/2011.
Cisco Systems, Inc. is the worldwide leader in networking for the Internet. Cisco Systems Inc. has a market cap of $97.18 billion; its shares were traded at around $17.58 with a P/E ratio of 12.3 and P/S ratio of 2.4. The dividend yield of Cisco Systems Inc. stocks is 1.4%. Cisco Systems Inc. had an annual average earnings growth of 23% over the past 10 years. GuruFocus rated Cisco Systems Inc. the business predictability rank of 2.5-star.
Added: Colgatepalmolive Company (CL)
Donald Yacktman added to his holdings in Colgatepalmolive Company by 1141.64%. His purchase prices were between $75.93 and $81.21, with an estimated average price of $78.37. The impact to his portfolio due to this purchase was 0.82%. His holdings were 876,600 shares as of 03/31/2011.
Colgate-Palmolive is a global consumer products company, tightly focused on Oral Care, Personal Care, Household Surface Care, Fabric Care and Pet Nutrition. Colgatepalmolive Company has a market cap of $41.37 billion; its shares were traded at around $84.35 with a P/E ratio of 17.65 and P/S ratio of 2.66. The dividend yield of Colgatepalmolive Company stocks is 2.75%. Colgatepalmolive Company had an annual average earnings growth of 8.9% over the past 10 years. GuruFocus rated Colgatepalmolive Company the business predictability rank of 4.5-star.
Added: Hewlett Packard Co (HPQ)
Donald Yacktman added to his holdings in Hewlett Packard Co by 34.88%. His purchase prices were between $40.14 and $48.99, with an estimated average price of $44.65. The impact to his portfolio due to this purchase was 0.58%. His holdings were 4,383,335 shares as of 03/31/2011.
Hewlett Packard is one of the global providers of computing and imaging solutions and services for business and home. Hewlett Packard Co has a market cap of $87.36 billion; its shares were traded at around $40.37 with a P/E ratio of 8.31 and P/S ratio of 0.69. The dividend yield of Hewlett Packard Co stocks is 0.79%. Hewlett Packard Co had an annual average earnings growth of 22.5% over the past 5 years.
Added: U.s. Bancorp (USB)
Donald Yacktman added to his holdings in U.s. Bancorp by 29.38%. His purchase prices were between $26.05 and $28.7, with an estimated average price of $27.14. The impact to his portfolio due to this purchase was 0.58%. His holdings were 7,665,865 shares as of 03/31/2011.
U.S. Bancorp is a financial services holding company. U.s. Bancorp has a market cap of $49.71 billion; its shares were traded at around $25.82 with a P/E ratio of 13.66 and P/S ratio of 2.42. The dividend yield of U.s. Bancorp stocks is 1.94%. U.s. Bancorp had an annual average earnings growth of 1.6% over the past 10 years.
Added: H&r Block Inc. (HRB)
Donald Yacktman added to his holdings in H&r Block Inc. by 20.56%. His purchase prices were between $11.91 and $16.8, with an estimated average price of $14.13. The impact to his portfolio due to this purchase was 0.48%. His holdings were 13,270,038 shares as of 03/31/2011.
H&R Block Inc. is a diversified company involved in tax return preparation,electronic filing of income tax returns and other tax-related services. H&r Block Inc. has a market cap of $5.28 billion; its shares were traded at around $17.29 with a P/E ratio of 11.84 and P/S ratio of 1.36. The dividend yield of H&r Block Inc. stocks is 3.47%.
Added: C.r. Bard Inc. (BCR)
Donald Yacktman added to his holdings in C.r. Bard Inc. by 10.95%. His purchase prices were between $90.92 and $98.71, with an estimated average price of $94.86. The impact to his portfolio due to this purchase was 0.29%. His holdings were 2,379,738 shares as of 03/31/2011.
C.R. Bard, Inc. is one of the worldwide leaders in developing, manufacturing, and supplying healthcare products that focus on Vascular, Urology, and Oncology Disease States. C.r. Bard Inc. has a market cap of $9.23 billion; its shares were traded at around $106.75 with a P/E ratio of 18.19 and P/S ratio of 3.39. The dividend yield of C.r. Bard Inc. stocks is 0.67%. C.r. Bard Inc. had an annual average earnings growth of 15.6% over the past 10 years. GuruFocus rated C.r. Bard Inc. the business predictability rank of 5-star.
Added: Walmart Stores Inc. (WMT)
Donald Yacktman added to his holdings in Walmart Stores Inc. by 30.07%. His purchase prices were between $51.37 and $57.57, with an estimated average price of $53.98. The impact to his portfolio due to this purchase was 0.28%. His holdings were 1,857,653 shares as of 03/31/2011.
Wal-Mart Stores, Inc. is the world's largest retailer. Walmart Stores Inc. has a market cap of $191.67 billion; its shares were traded at around $54.98 with a P/E ratio of 13.44 and P/S ratio of 0.45. The dividend yield of Walmart Stores Inc. stocks is 2.66%. Walmart Stores Inc. had an annual average earnings growth of 11.1% over the past 10 years. GuruFocus rated Walmart Stores Inc. the business predictability rank of 5-star.
Added: Becton Dickinson And Co. (BDX)
Donald Yacktman added to his holdings in Becton Dickinson And Co. by 23.09%. His purchase prices were between $76.51 and $85.64, with an estimated average price of $81.15. The impact to his portfolio due to this purchase was 0.26%. His holdings were 1,355,961 shares as of 03/31/2011.
Becton, Dickinson and Co. is engaged principally in the manufacture and sale of a broad line of supplies, devices and systems used by health care professionals, medical research institutions and the general public. Becton Dickinson And Co. has a market cap of $19 billion; its shares were traded at around $85.94 with a P/E ratio of 16.34 and P/S ratio of 2.58. The dividend yield of Becton Dickinson And Co. stocks is 1.91%. Becton Dickinson And Co. had an annual average earnings growth of 14% over the past 10 years. GuruFocus rated Becton Dickinson And Co. the business predictability rank of 5-star.
Added: Bank Of New York Mellon Corp. (BK)
Donald Yacktman added to his holdings in Bank Of New York Mellon Corp. by 48.28%. His purchase prices were between $28.2 and $32.37, with an estimated average price of $30.65. The impact to his portfolio due to this purchase was 0.19%. His holdings were 1,548,173 shares as of 03/31/2011.
Bank of New York is a bank holding company and one of the world's larger financial institutions. Bank Of New York Mellon Corp. has a market cap of $35.97 billion; its shares were traded at around $28.96 with a P/E ratio of 12.7 and P/S ratio of 2.59. The dividend yield of Bank Of New York Mellon Corp. stocks is 1.8%.
Added: Exxon Mobil Corp. (XOM)
Donald Yacktman added to his holdings in Exxon Mobil Corp. by 16.96%. His purchase prices were between $73.12 and $85.97, with an estimated average price of $81.35. The impact to his portfolio due to this purchase was 0.17%. His holdings were 1,088,248 shares as of 03/31/2011.
Exxon Mobil Corporation's principal business is energy, involving exploration for, and production of, crude oil and natural gas, manufacturing of petroleum products and transportation and sale of crudeoil, natural gas and petroleum products. Exxon Mobil Corp. has a market cap of $436.26 billion; its shares were traded at around $87.98 with a P/E ratio of 12.51 and P/S ratio of 1.14. The dividend yield of Exxon Mobil Corp. stocks is 2%. Exxon Mobil Corp. had an annual average earnings growth of 9.1% over the past 10 years.
Added: Viacom Inc. (VIA.B)
Donald Yacktman added to his holdings in Viacom Inc. by 3.6%. His purchase prices were between $39.61 and $47, with an estimated average price of $43.67. The impact to his portfolio due to this purchase was 0.15%. His holdings were 7,396,728 shares as of 03/31/2011.
Viacom is a global entertainment content company whose family of prominent and respected brands includes the multiplatform properties of MTV Networks, BET Networks, Paramount Pictures, Paramount Home Entertainment and DreamWorks. Viacom Inc. has a market cap of $27.9 billion; its shares were traded at around $51.16 with a P/E ratio of 16.14 and P/S ratio of 2.99. The dividend yield of Viacom Inc. stocks is 1.17%. Viacom Inc. had an annual average earnings growth of 32% over the past 5 years.
Added: Apollo Group Inc. (APOL)
Donald Yacktman added to his holdings in Apollo Group Inc. by 8.94%. His purchase prices were between $35.94 and $45.82, with an estimated average price of $42.25. The impact to his portfolio due to this purchase was 0.13%. His holdings were 3,110,949 shares as of 03/31/2011.
Apollo Group, Inc. has been providing higher education to working adults for over 25 years. Apollo Group Inc. has a market cap of $5.82 billion; its shares were traded at around $40.76 with a P/E ratio of 7.4 and P/S ratio of 1.2. Apollo Group Inc. had an annual average earnings growth of 23.8% over the past 10 years. GuruFocus rated Apollo Group Inc. the business predictability rank of 4-star.
New Purchase: Intel Corp. (INTC)
Donald Yacktman initiated holdings in Intel Corp.. His purchase prices were between $19.8075 and $22.14, with an estimated average price of $21.12. The impact to his portfolio due to this purchase was 0.54%. His holdings were 2,119,200 shares as of 03/31/2011.
Intel Corporation is one of the world's largest semiconductor chip maker. Intel Corp. has a market cap of $125.73 billion; its shares were traded at around $22.91 with a P/E ratio of 10.5 and P/S ratio of 2.9. The dividend yield of Intel Corp. stocks is 3.2%. Intel Corp. had an annual average earnings growth of 9.5% over the past 10 years. GuruFocus rated Intel Corp. the business predictability rank of 2-star.
Reduced: Clorox Company (CLX)
Donald Yacktman reduced to his holdings in Clorox Company by 25.63%. His sale prices were between $61.57 and $71.26, with an estimated average price of $66.15. The impact to his portfolio due to this sale was -0.82%. Donald Yacktman still held 2,709,142 shares as of 03/31/2011.
Clorox Company's business operations, represented by the aggregate of its U. Clorox Company has a market cap of $9.59 billion; its shares were traded at around $69.66 with a P/E ratio of 16.83 and P/S ratio of 1.73. The dividend yield of Clorox Company stocks is 3.16%. Clorox Company had an annual average earnings growth of 11.6% over the past 10 years. GuruFocus rated Clorox Company the business predictability rank of 5-star.
Reduced: Ebay Inc. (EBAY)
Donald Yacktman reduced to his holdings in Ebay Inc. by 39.98%. His sale prices were between $27.695 and $34.69, with an estimated average price of $31.12. The impact to his portfolio due to this sale was -0.47%. Donald Yacktman still held 1,790,000 shares as of 03/31/2011.
eBay is one of the world's largest online trading communities. Ebay Inc. has a market cap of $43.65 billion; its shares were traded at around $33.64 with a P/E ratio of 21.7 and P/S ratio of 4.8. Ebay Inc. had an annual average earnings growth of 27.3% over the past 10 years. GuruFocus rated Ebay Inc. the business predictability rank of 2-star.
Reduced: Tjx Companies Inc. (TJX)
Donald Yacktman reduced to his holdings in Tjx Companies Inc. by 80.2%. His sale prices were between $43 and $50.94, with an estimated average price of $48.41. The impact to his portfolio due to this sale was -0.04%. Donald Yacktman still held 10,100 shares as of 03/31/2011.
TJX Companies, Inc. is an off-price retailer of apparel and home fashions in the U. Tjx Companies Inc. has a market cap of $20.89 billion; its shares were traded at around $53.62 with a P/E ratio of 15.32 and P/S ratio of 0.95. The dividend yield of Tjx Companies Inc. stocks is 1.12%. Tjx Companies Inc. had an annual average earnings growth of 11.5% over the past 10 years. GuruFocus rated Tjx Companies Inc. the business predictability rank of 4.5-star.
Sold Out: Dish Network Corp. (DISH, Financial)
Donald Yacktman sold out his holdings in Dish Network Corp.. His sale prices were between $19.56 and $24.4, with an estimated average price of $22.48.
DISH NETWORK CP offers satellite television products and services. Dish Network Corp. has a market cap of $13.21 billion; its shares were traded at around $29.79 with a P/E ratio of 13.5 and P/S ratio of 1. Dish Network Corp. had an annual average earnings growth of 28% over the past 10 years.
Sold Out: Loews Corp. (L, Financial)
Donald Yacktman sold out his holdings in Loews Corp.. His sale prices were between $38.91 and $43.27, with an estimated average price of $41.72.
Loews Corporation is a holding company. Its subsidiaries are engaged in thefollowing lines of business: property, casualty and life insurance; the production and sale of cigarettes; the operation of hotels; the operation of offshore oil and gas drilling rigs; and the distribution and sale of watches and clocks. Loews Corp. has a market cap of $18.23 billion; its shares were traded at around $44.26 with a P/E ratio of 14.51 and P/S ratio of 1.25. The dividend yield of Loews Corp. stocks is 0.56%. Loews Corp. had an annual average earnings growth of 22.8% over the past 5 years.
Sold Out: Bank Of America Corp. (BAC, Financial)
Donald Yacktman sold out his holdings in Bank Of America Corp.. His sale prices were between $13.34 and $15.25, with an estimated average price of $14.2.
Bank of America Corp. is one of the world's financial services companies. Bank Of America Corp. has a market cap of $123.85 billion; its shares were traded at around $12.28 with a P/E ratio of 16.37 and P/S ratio of 0.92. The dividend yield of Bank Of America Corp. stocks is 0.33%.
