Dodge & Cox stock fund gained 64.45% over the past 12 months. The fund underperformed the S&P500 slightly over the past 5 years, but outperformed by 7% a year on average over the past 10 years. As of 03/31/2011, Dodge & Cox owns 179 stocks with a total value of $88.4 billion. These are the details of the buys and sells.
Dodge & Cox investment approach remains focused on the long term fundamental outlook and current valuation for each company in the Fund’s diversified portfolio. The Fund’s portfolio turnover has been correspondingly low (less than 20% during the past year). They wrote in their latest shareholder letter:
We anticipate that the current cycle of higher-than-normal credit losses and unusually low short-term interest rates could begin to moderate. Lower credit losses would benefit Fund holdings such as lenders Wells Fargo and Capital One. Higher short-term rates could benefit money market providers, including holdings Charles Schwab and Bank of New York Mellon, which are currently waiving a portion of their management fees. At quarter end, 14.8% of the Fund was invested in Financials, slightly less than the S&P 500 weighting.
This is the portfolio chart of Dodge & Cox. 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 Dodge & Cox
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 $88.46 billion; its shares were traded at around $40.88 with a P/E ratio of 8.4 and P/S ratio of 0.7. The dividend yield of Hewlett Packard Co stocks is 0.8%. Hewlett Packard Co had an annual average earnings growth of 22.5% over the past 5 years.
Royal Dutch Petroleum Company owns 60% of the Royal Dutch/Shell Group of companies. Royal Dutch Shell Plc has a market cap of $222.5 billion; its shares were traded at around $71.09 with a P/E ratio of 10 and P/S ratio of 0.6. The dividend yield of Royal Dutch Shell Plc stocks is 3.9%. Royal Dutch Shell Plc had an annual average earnings growth of 6.3% over the past 10 years. GuruFocus rated Royal Dutch Shell Plc the business predictability rank of 2.5-star.
Wal-Mart Stores, Inc. is the world's largest retailer. Walmart Stores Inc. has a market cap of $194.25 billion; its shares were traded at around $55.72 with a P/E ratio of 13.6 and P/S ratio of 0.5. The dividend yield of Walmart Stores Inc. stocks is 2.6%. 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.
Vulcan Materials Company is the nation's foremost producer of constructionaggregates, a major producer of other construction materials and a leadingchemicals manufacturer, supplying chloralkali and other industrial andspecialty chemicals. Vulcan Materials Company has a market cap of $5.24 billion; its shares were traded at around $40.58 with and P/S ratio of 2.1. The dividend yield of Vulcan Materials Company stocks is 2.4%.
McGraw-Hill Companies Inc. serves business, professional andeducational markets around the world with information products and services. Mcgrawhill Companies Inc has a market cap of $12.85 billion; its shares were traded at around $42.19 with a P/E ratio of 15.2 and P/S ratio of 2.1. The dividend yield of Mcgrawhill Companies Inc stocks is 2.4%. Mcgrawhill Companies Inc had an annual average earnings growth of 8.6% over the past 10 years. GuruFocus rated Mcgrawhill Companies Inc the business predictability rank of 3.5-star.
Sanofi-Aventis is a global pharmaceutical company that contributes to enhance life by providing medicines, vaccines, and integrated healthcare solutions adapted to local needs and means primarily in Europe and the United States. Sanofi has a market cap of $100.34 billion; its shares were traded at around $38.27 with a P/E ratio of 8.9 and P/S ratio of 2.4. The dividend yield of Sanofi stocks is 2.9%. Sanofi had an annual average earnings growth of 8.9% over the past 5 years.
PT TELEKOMUNIKASI INDONESIA is a telecommunication Co. Pt Telekomunikasi Indonesia has a market cap of $18.2 billion; its shares were traded at around $36.11 with a P/E ratio of 13 and P/S ratio of 2.4. The dividend yield of Pt Telekomunikasi Indonesia stocks is 3%.
Merck & Co., Inc. is a global research-driven pharmaceutical company dedicated to putting patients first. Merck & Co. Inc. has a market cap of $114.69 billion; its shares were traded at around $37.2 with a P/E ratio of 10.7 and P/S ratio of 2.4. The dividend yield of Merck & Co. Inc. stocks is 4.1%.
CREDIT SUISSE GROUP and Winterthur offer investment products, private banking and financial advisory services, as well as insurance and pension solutions. Credit Suisse Group has a market cap of $50.56 billion; its shares were traded at around $42.62 with a P/E ratio of 13.4 and P/S ratio of 1. The dividend yield of Credit Suisse Group stocks is 3.3%. Credit Suisse Group had an annual average earnings growth of 27.9% over the past 10 years.
Koninklijke Philips Electronics N.V. is the parent company of Philips, a widely diversified multinational group of electronic and electrical products, systems and equipment, as well as information technology services. Koninkl Phil E Ny Sh has a market cap of $27.78 billion; its shares were traded at around $29.35 with a P/E ratio of 15.3 and P/S ratio of 0.8. The dividend yield of Koninkl Phil E Ny Sh stocks is 2.9%. Koninkl Phil E Ny Sh had an annual average earnings growth of 4% over the past 5 years.
Motorola Solutions is engaged in providing communication equipments, software and services. Motorola Solutions Inc. New has a market cap of $15.95 billion; its shares were traded at around $47.24 with a P/E ratio of 17.3 and P/S ratio of 0.8.
Synopsys, Inc. is one of the suppliers of electronic design automation software to the global electronics industry. Synopsys Inc. has a market cap of $4.2 billion; its shares were traded at around $27.83 with a P/E ratio of 22.3 and P/S ratio of 3.1. Synopsys Inc. had an annual average earnings growth of 15.1% over the past 10 years. GuruFocus rated Synopsys Inc. the business predictability rank of 2-star.
Motorola Mobility Holdings operates as a provider of technologies products and services for handset and television set-top box units. Motorola Mobility Holdings Inc. has a market cap of $7.37 billion; its shares were traded at around $24.98 with and P/S ratio of 0.6.
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 $212.75 billion; its shares were traded at around $25.32 with a P/E ratio of 10.3 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.
Equinix designs, builds and operates neutral Internet Business Exchangecenters where Internet businesses place their equipment and their network facilities in order to interconnect with each other. Equinix Inc. has a market cap of $4.67 billion; its shares were traded at around $101.19 with a P/E ratio of 79.7 and P/S ratio of 3.8.
Regeneron Pharmaceuticals Inc. is a biopharmaceutical company that discovers, develops, and intends to commercialize therapeutic drugs for thetreatment of serious medical conditions. Regeneron Pharmaceuticals Inc. has a market cap of $4.71 billion; its shares were traded at around $52.68 with and P/S ratio of 10.2.
The Interpublic Group of Companies, Inc.'s is one of the world's organizations of advertising agencies and marketing services companies. Interpublic Group Of Cos. has a market cap of $5.57 billion; its shares were traded at around $11.39 with a P/E ratio of 23.3 and P/S ratio of 0.8. The dividend yield of Interpublic Group Of Cos. stocks is 2.2%.
Walgreen Co. is a national retail pharmacy chain and considered the leader in innovative drugstore retailing. Walgreen Co. has a market cap of $41.13 billion; its shares were traded at around $44.93 with a P/E ratio of 18.9 and P/S ratio of 0.6. The dividend yield of Walgreen Co. stocks is 1.6%. Walgreen Co. had an annual average earnings growth of 11.7% over the past 10 years. GuruFocus rated Walgreen Co. the business predictability rank of 4.5-star.
Eaton Corporation is a global diversified industrial manufacturer. Eaton Corp. has a market cap of $17.95 billion; its shares were traded at around $52.66 with a P/E ratio of 16.7 and P/S ratio of 1.3. The dividend yield of Eaton Corp. stocks is 2.6%. Eaton Corp. had an annual average earnings growth of 7.1% over the past 10 years.
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 $17.27 billion; its shares were traded at around $41.93 with a P/E ratio of 14 and P/S ratio of 1.2. The dividend yield of Loews Corp. stocks is 0.6%. Loews Corp. had an annual average earnings growth of 22.8% over the past 5 years.
Federated Department Stores, through its subsidiaries, is one of the operators of full-line department stores in the United States. Macys Inc. has a market cap of $12.19 billion; its shares were traded at around $28.62 with a P/E ratio of 13.8 and P/S ratio of 0.4. The dividend yield of Macys Inc. stocks is 0.7%.
Dodge & Cox investment approach remains focused on the long term fundamental outlook and current valuation for each company in the Fund’s diversified portfolio. The Fund’s portfolio turnover has been correspondingly low (less than 20% during the past year). They wrote in their latest shareholder letter:
We anticipate that the current cycle of higher-than-normal credit losses and unusually low short-term interest rates could begin to moderate. Lower credit losses would benefit Fund holdings such as lenders Wells Fargo and Capital One. Higher short-term rates could benefit money market providers, including holdings Charles Schwab and Bank of New York Mellon, which are currently waiving a portion of their management fees. At quarter end, 14.8% of the Fund was invested in Financials, slightly less than the S&P 500 weighting.
This is the portfolio chart of Dodge & Cox. 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: SNPS, MSFT, EQIX, REGN,
- Added Positions: HPQ, RDS.A, WMT, MHP, VMC, SNY, MRK, TLK, CS, PHG,
- Reduced Positions: IPG, WAG, ETN, L, M,
This is the sector weightings of his portfolio:
| Consumer Services | 17.9% |
| Health Care | 15.8% |
| Financials | 15.3% |
| Technology | 13.2% |
| Oil & Gas | 10.7% |
| Industrials | 9.6% |
| Telecommunications | 5.2% |
| Consumer Goods | 4.8% |
| Basic Materials | 2.4% |
These are the top 5 holdings of Dodge & Cox
- HEWLETT PACKARD CO (HPQ) - 92,471,480 shares, 4.29% of the total portfolio. Shares added by 24.12%
- SCHLUMBERGER Ltd. (SLB) - 38,543,591 shares, 4.07% of the total portfolio. Shares reduced by 11.75%
- NOVARTIS AG (NVS) - 56,672,409 shares, 3.49% of the total portfolio. Shares reduced by 0.94%
- GLAXOSMITHKLINE PLC (GSK) - 76,368,533 shares, 3.32% of the total portfolio. Shares added by 0.7%
- Comcast Corp. (CMCSA) - 118,369,406 shares, 3.31% of the total portfolio. Shares reduced by 8.34%
Added: Hewlett Packard Co (HPQ, Financial)
Dodge & Cox added to their holdings in Hewlett Packard Co by 24.12%. Their purchase prices were between $40.14 and $48.99, with an estimated average price of $44.65. The impact to their portfolio due to this purchase was 0.83%. Their holdings were 92,471,480 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 $88.46 billion; its shares were traded at around $40.88 with a P/E ratio of 8.4 and P/S ratio of 0.7. The dividend yield of Hewlett Packard Co stocks is 0.8%. Hewlett Packard Co had an annual average earnings growth of 22.5% over the past 5 years.
Added: Royal Dutch Shell Plc (RDS.A, Financial)
Dodge & Cox added to their holdings in Royal Dutch Shell Plc by 61.97%. Their purchase prices were between $65.74 and $73.43, with an estimated average price of $69.78. The impact to their portfolio due to this purchase was 0.45%. Their holdings were 14,364,779 shares as of 03/31/2011.Royal Dutch Petroleum Company owns 60% of the Royal Dutch/Shell Group of companies. Royal Dutch Shell Plc has a market cap of $222.5 billion; its shares were traded at around $71.09 with a P/E ratio of 10 and P/S ratio of 0.6. The dividend yield of Royal Dutch Shell Plc stocks is 3.9%. Royal Dutch Shell Plc had an annual average earnings growth of 6.3% over the past 10 years. GuruFocus rated Royal Dutch Shell Plc the business predictability rank of 2.5-star.
Added: Walmart Stores Inc. (WMT, Financial)
Dodge & Cox added to their holdings in Walmart Stores Inc. by 51.92%. Their purchase prices were between $51.37 and $57.57, with an estimated average price of $53.98. The impact to their portfolio due to this purchase was 0.42%. Their holdings were 20,829,361 shares as of 03/31/2011.Wal-Mart Stores, Inc. is the world's largest retailer. Walmart Stores Inc. has a market cap of $194.25 billion; its shares were traded at around $55.72 with a P/E ratio of 13.6 and P/S ratio of 0.5. The dividend yield of Walmart Stores Inc. stocks is 2.6%. 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: Vulcan Materials Company (VMC)
Dodge & Cox added to their holdings in Vulcan Materials Company by 57.88%. Their purchase prices were between $40.37 and $46.98, with an estimated average price of $43.18. The impact to their portfolio due to this purchase was 0.18%. Their holdings were 9,232,969 shares as of 03/31/2011.Vulcan Materials Company is the nation's foremost producer of constructionaggregates, a major producer of other construction materials and a leadingchemicals manufacturer, supplying chloralkali and other industrial andspecialty chemicals. Vulcan Materials Company has a market cap of $5.24 billion; its shares were traded at around $40.58 with and P/S ratio of 2.1. The dividend yield of Vulcan Materials Company stocks is 2.4%.
Added: Mcgrawhill Companies Inc (MHP)
Dodge & Cox added to their holdings in Mcgrawhill Companies Inc by 125.97%. Their purchase prices were between $36.41 and $40.11, with an estimated average price of $37.86. The impact to their portfolio due to this purchase was 0.18%. Their holdings were 7,145,277 shares as of 03/31/2011.McGraw-Hill Companies Inc. serves business, professional andeducational markets around the world with information products and services. Mcgrawhill Companies Inc has a market cap of $12.85 billion; its shares were traded at around $42.19 with a P/E ratio of 15.2 and P/S ratio of 2.1. The dividend yield of Mcgrawhill Companies Inc stocks is 2.4%. Mcgrawhill Companies Inc had an annual average earnings growth of 8.6% over the past 10 years. GuruFocus rated Mcgrawhill Companies Inc the business predictability rank of 3.5-star.
Added: Sanofi (SNY)
Dodge & Cox added to their holdings in Sanofi by 6.45%. Their purchase prices were between $31.87 and $36.2, with an estimated average price of $34.2. The impact to their portfolio due to this purchase was 0.12%. Their holdings were 50,912,344 shares as of 03/31/2011.Sanofi-Aventis is a global pharmaceutical company that contributes to enhance life by providing medicines, vaccines, and integrated healthcare solutions adapted to local needs and means primarily in Europe and the United States. Sanofi has a market cap of $100.34 billion; its shares were traded at around $38.27 with a P/E ratio of 8.9 and P/S ratio of 2.4. The dividend yield of Sanofi stocks is 2.9%. Sanofi had an annual average earnings growth of 8.9% over the past 5 years.
Added: Pt Telekomunikasi Indonesia (TLK)
Dodge & Cox added to their holdings in Pt Telekomunikasi Indonesia by 19.81%. Their purchase prices were between $30.77 and $35.99, with an estimated average price of $33.52. The impact to their portfolio due to this purchase was 0.1%. Their holdings were 16,553,747 shares as of 03/31/2011.PT TELEKOMUNIKASI INDONESIA is a telecommunication Co. Pt Telekomunikasi Indonesia has a market cap of $18.2 billion; its shares were traded at around $36.11 with a P/E ratio of 13 and P/S ratio of 2.4. The dividend yield of Pt Telekomunikasi Indonesia stocks is 3%.
Added: Merck & Co. Inc. (MRK)
Dodge & Cox added to their holdings in Merck & Co. Inc. by 4.75%. Their purchase prices were between $31.08 and $37.35, with an estimated average price of $33.51. The impact to their portfolio due to this purchase was 0.1%. Their holdings were 61,189,269 shares as of 03/31/2011.Merck & Co., Inc. is a global research-driven pharmaceutical company dedicated to putting patients first. Merck & Co. Inc. has a market cap of $114.69 billion; its shares were traded at around $37.2 with a P/E ratio of 10.7 and P/S ratio of 2.4. The dividend yield of Merck & Co. Inc. stocks is 4.1%.
Added: Credit Suisse Group (CS)
Dodge & Cox added to their holdings in Credit Suisse Group by 29.7%. Their purchase prices were between $40.41 and $47.63, with an estimated average price of $44.07. The impact to their portfolio due to this purchase was 0.06%. Their holdings were 5,703,337 shares as of 03/31/2011.CREDIT SUISSE GROUP and Winterthur offer investment products, private banking and financial advisory services, as well as insurance and pension solutions. Credit Suisse Group has a market cap of $50.56 billion; its shares were traded at around $42.62 with a P/E ratio of 13.4 and P/S ratio of 1. The dividend yield of Credit Suisse Group stocks is 3.3%. Credit Suisse Group had an annual average earnings growth of 27.9% over the past 10 years.
Added: Koninkl Phil E Ny Sh (PHG)
Dodge & Cox added to their holdings in Koninkl Phil E Ny Sh by 382.53%. Their purchase prices were between $29.81 and $33.81, with an estimated average price of $31.84. The impact to their portfolio due to this purchase was 0.01%. Their holdings were 264,709 shares as of 03/31/2011.Koninklijke Philips Electronics N.V. is the parent company of Philips, a widely diversified multinational group of electronic and electrical products, systems and equipment, as well as information technology services. Koninkl Phil E Ny Sh has a market cap of $27.78 billion; its shares were traded at around $29.35 with a P/E ratio of 15.3 and P/S ratio of 0.8. The dividend yield of Koninkl Phil E Ny Sh stocks is 2.9%. Koninkl Phil E Ny Sh had an annual average earnings growth of 4% over the past 5 years.
New Purchase: Motorola Solutions Inc. New (MSI)
Dodge & Cox initiated holdings in Motorola Solutions Inc. New. Their purchase prices were between $37.15 and $44.56, with an estimated average price of $39.86. The impact to their portfolio due to this purchase was 1.38%. Their holdings were 27,327,900 shares as of 03/31/2011.Motorola Solutions is engaged in providing communication equipments, software and services. Motorola Solutions Inc. New has a market cap of $15.95 billion; its shares were traded at around $47.24 with a P/E ratio of 17.3 and P/S ratio of 0.8.
New Purchase: Synopsys Inc. (SNPS, Financial)
Dodge & Cox initiated holdings in Synopsys Inc.. Their purchase prices were between $26.23 and $29.03, with an estimated average price of $27.38. The impact to their portfolio due to this purchase was 0.76%. Their holdings were 24,211,069 shares as of 03/31/2011.Synopsys, Inc. is one of the suppliers of electronic design automation software to the global electronics industry. Synopsys Inc. has a market cap of $4.2 billion; its shares were traded at around $27.83 with a P/E ratio of 22.3 and P/S ratio of 3.1. Synopsys Inc. had an annual average earnings growth of 15.1% over the past 10 years. GuruFocus rated Synopsys Inc. the business predictability rank of 2-star.
New Purchase: Motorola Mobility Holdings Inc. (MMI)
Dodge & Cox initiated holdings in Motorola Mobility Holdings Inc.. Their purchase prices were between $23.46 and $36.34, with an estimated average price of $29.4. The impact to their portfolio due to this purchase was 0.75%. Their holdings were 27,330,256 shares as of 03/31/2011.Motorola Mobility Holdings operates as a provider of technologies products and services for handset and television set-top box units. Motorola Mobility Holdings Inc. has a market cap of $7.37 billion; its shares were traded at around $24.98 with and P/S ratio of 0.6.
New Purchase: Microsoft Corp. (MSFT, Financial)
Dodge & Cox initiated holdings in Microsoft Corp.. Their purchase prices were between $24.78 and $28.87, with an estimated average price of $27.04. The impact to their portfolio due to this purchase was 0.64%. Their holdings were 22,308,200 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 $212.75 billion; its shares were traded at around $25.32 with a P/E ratio of 10.3 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.
New Purchase: Equinix Inc. (EQIX, Financial)
Dodge & Cox initiated holdings in Equinix Inc.. Their purchase prices were between $81.26 and $92.43, with an estimated average price of $86.86. The impact to their portfolio due to this purchase was 0.09%. Their holdings were 917,151 shares as of 03/31/2011.Equinix designs, builds and operates neutral Internet Business Exchangecenters where Internet businesses place their equipment and their network facilities in order to interconnect with each other. Equinix Inc. has a market cap of $4.67 billion; its shares were traded at around $101.19 with a P/E ratio of 79.7 and P/S ratio of 3.8.
New Purchase: Regeneron Pharmaceuticals Inc. (REGN, Financial)
Dodge & Cox initiated holdings in Regeneron Pharmaceuticals Inc.. Their purchase prices were between $32.61 and $44.68, with an estimated average price of $36.41. The impact to their portfolio due to this purchase was 0.02%. Their holdings were 375,685 shares as of 03/31/2011.Regeneron Pharmaceuticals Inc. is a biopharmaceutical company that discovers, develops, and intends to commercialize therapeutic drugs for thetreatment of serious medical conditions. Regeneron Pharmaceuticals Inc. has a market cap of $4.71 billion; its shares were traded at around $52.68 with and P/S ratio of 10.2.
Reduced: Interpublic Group Of Cos. (IPG, Financial)
Dodge & Cox reduced to their holdings in Interpublic Group Of Cos. by 94.97%. Their sale prices were between $10.47 and $13.2, with an estimated average price of $11.78. The impact to their portfolio due to this sale was -0.38%. Dodge & Cox still held 1,685,810 shares as of 03/31/2011.The Interpublic Group of Companies, Inc.'s is one of the world's organizations of advertising agencies and marketing services companies. Interpublic Group Of Cos. has a market cap of $5.57 billion; its shares were traded at around $11.39 with a P/E ratio of 23.3 and P/S ratio of 0.8. The dividend yield of Interpublic Group Of Cos. stocks is 2.2%.
Reduced: Walgreen Co. (WAG, Financial)
Dodge & Cox reduced to their holdings in Walgreen Co. by 25.34%. Their sale prices were between $38.96 and $43.34, with an estimated average price of $41.37. The impact to their portfolio due to this sale was -0.24%. Dodge & Cox still held 15,379,070 shares as of 03/31/2011.Walgreen Co. is a national retail pharmacy chain and considered the leader in innovative drugstore retailing. Walgreen Co. has a market cap of $41.13 billion; its shares were traded at around $44.93 with a P/E ratio of 18.9 and P/S ratio of 0.6. The dividend yield of Walgreen Co. stocks is 1.6%. Walgreen Co. had an annual average earnings growth of 11.7% over the past 10 years. GuruFocus rated Walgreen Co. the business predictability rank of 4.5-star.
Reduced: Eaton Corp. (ETN, Financial)
Dodge & Cox reduced to their holdings in Eaton Corp. by 93.99%. Their sale prices were between $50.3 and $110.78, with an estimated average price of $54.13. The impact to their portfolio due to this sale was -0.16%. Dodge & Cox still held 233,680 shares as of 03/31/2011.Eaton Corporation is a global diversified industrial manufacturer. Eaton Corp. has a market cap of $17.95 billion; its shares were traded at around $52.66 with a P/E ratio of 16.7 and P/S ratio of 1.3. The dividend yield of Eaton Corp. stocks is 2.6%. Eaton Corp. had an annual average earnings growth of 7.1% over the past 10 years.
Reduced: Loews Corp. (L, Financial)
Dodge & Cox reduced to their holdings in Loews Corp. by 25.41%. Their sale prices were between $38.91 and $43.27, with an estimated average price of $41.72. The impact to their portfolio due to this sale was -0.08%. Dodge & Cox still held 4,836,028 shares as of 03/31/2011.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 $17.27 billion; its shares were traded at around $41.93 with a P/E ratio of 14 and P/S ratio of 1.2. The dividend yield of Loews Corp. stocks is 0.6%. Loews Corp. had an annual average earnings growth of 22.8% over the past 5 years.
Reduced: Macys Inc. (M)
Dodge & Cox reduced to their holdings in Macys Inc. by 23.68%. Their sale prices were between $22.01 and $25.44, with an estimated average price of $23.54. The impact to their portfolio due to this sale was -0.02%. Dodge & Cox still held 2,948,190 shares as of 03/31/2011.Federated Department Stores, through its subsidiaries, is one of the operators of full-line department stores in the United States. Macys Inc. has a market cap of $12.19 billion; its shares were traded at around $28.62 with a P/E ratio of 13.8 and P/S ratio of 0.4. The dividend yield of Macys Inc. stocks is 0.7%.
