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Mason Hawkins Increases Holdings in 5 Stocks

May 15, 2013 | About:
Monica Wolfe

Monica Wolfe

129 followers
Guru Mason Hawkins of Southeastern Asset Management increased the firm’s holdings of seven companies in the most recent quarter. Hawkins has been the Chairman and CEO of Southeastern Asset Management since 1975, and he and his partners manage the Longleaf Partners Fund.

In the first quarter of 2013, Hawkins added to seven, reduced eight and sold out of eight stocks. In Mason Hawkins’ Longleaf Funds Q1 2013 letter he said, “Our conservatism combined with the strong market positions and the financial strength of our companies also should help protect values in the event of an unexpected economic setback. Our cash positions will allow us to exploit short-term market or company-specific dislocations. Longer term, we believe our absolute return goal of inflation plus 10% remains achievable.”

The following stocks are the top five increases to Mason Hawkins’ portfolio.

1. Legg Mason Inc. (LM)

Hawkins increased his stake in Legg Mason by 96.34% as he added a total of 2,558,821 shares in the first quarter. He bought these shares at an average price of $28.49 per share. The holding makes up 0.75% of his total portfolio. The share price has gained 21.8% from his average purchase price.



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Legg Mason is a global asset management company that acts through various subsidiaries to provide asset management and related services to institutional and individual clients, company-sponsored mutual funds and other pooled investment vehicles. The company offers these products and services directly and through various financial intermediaries.

Legg Mason currently trades at $34.87. The company has a market cap of $4.42 billion with a P/B ratio of 0.80 and a P/S ratio of 1.82. Legg Mason has seen a 3.7% increase in revenue growth in the past twelve months.

2. Murphy Oil Corporation (MUR)

Hawkins increased his holdings in Murphy Oil by 71.38% in the first quarter. Hawkins bought 4,365,676 shares at an average price of $61.22 per share. Murphy Oil holdings currently make up 3% of his portfolio. The price has increased 4.1% from his average purchase price.



Hawkins now owns 10,481,403 shares of Murphy Oil.

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Murphy Oil Corp. is a worldwide oil and gas exploration and production company with refining and marketing operations in the U.S. and the U.K. The company’s operations are classified into two business activities: Exploration and Production and Refining and Marketing. Murphy Oil explores for and produces crude oil, natural gas and natural gas liquids.

Murphy Oil has a market cap of $11.85 billion; its shares were traded around $64.25 with a P/E ratio of 11.80 and a P/S ratio of 0.40. Murphy Oil had an annual average earnings growth of 13.4% over the past 10 years.

3. CNH Global NV (CNH)

Hawkins added 406,607 of CNH Global in the first quarter 2013 for an average of $44.52 per share. Since his increase share prices have decreased 2.4% from the average purchase price. Hawkins holdings of CNH make up 0.35% of his portfolio.



Hawkins now holds a total of 1,890,507 shares of CNH Global.

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CNH Global is the number one manufacturer of agricultural tractors and combines in the world, the third largest maker of construction equipment and has one of the industry’s largest equipment finance operations.

CNH Global currently trades at $42.52. The company has a market cap of $10.33 billion with a P/E ratio of 9.30 and a P/S ratio of 0.51. CNH Global had an annual average earnings growth of 10% over the past 5 years.

4. Mondelez International (MDLZ)

Hawkins increased his stake in Mondelez International by 14.52% in the first quarter. Hawkins added 5,014,218 shares at an average price of $27.90 per share. Hawkins’ holdings in Mondelez make up 5.4% of his portfolio.



The price of Mondelez International has increased 11.8% from his average purchase price.

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Mondelez International was formerly known as Kraft Foods. On Oct. 1, 2012, the company became the international spin-off of its North American-based Kraft Foods. The company manufactures and markets snack products. Its product portfolio includes packaged grocery products, including biscuits, beverages, cheese, convenient meals and various packaged grocery products.

Mondelez International has a market cap of $55.01 billion. It is currently being traded at $31.35 with a P/E ratio of 20.10 and a P/S ratio of 1.59. Mondelez International had an annual average earnings growth of 0.8% over the past 10 years.

5. DirecTV (DTV)

Mason Hawkins also increased his stake in DirecTV during the first quarter. He increased his holdings 11.91% by adding 3,071,809 shares at an average price of $51.93. Since that buy the price per share has increased 24.6% from the average purchase price.



As of his most recent buy, Hawkins holds on to 28,866,656 shares of DirecTV which makes up 7.3% of his portfolio.

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DirecTV is a provider of digital television entertainment in the U.S. and Latin America. The company is engaged in acquiring, promoting, selling and/or distributing digital entertainment programming via satellite to residential and commercial subscribers.

DirecTV currently trades at $64.69. The company has a market cap of $35.9 billion, a P/E ratio of 14.00 and a P/S ratio of 1.31. DirecTV had an annual average earnings growth of 28.5% in the past five years.

Mason Hawkins also increased his holdings in Chesapeake Energy (CHK) by 4.62% as well as FedEx Corporation (FDX) by 1.86%.

See Mason Hawkins’ portfolio here. Also check out Mason HawkinsUndervalued Stocks, High Yield stocks and Top Growth Companies.


Rating: 3.5/5 (2 votes)

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