During 1Q2015, Tweedy Browne (Trades, Portfolio) recently increased his stakes in ConocoPhillips (COP, Financial) and Haliburton Co (HAL, Financial), according to GuruFocus Real Time Picks.
ConocoPhillips (COP, Financial)
Browne purchased 6,416 shares of COP at an average price of $64.66 a share. He now owns 2,838,563 shares.
The company explores, develops and produces crude oil and natural gas. It was incorporated in 2001.
The Peter Lynch earnings line is at $37.40 and is trading at $67.20, which indicates the stock may be currently overvalued.
Earnings per share for the trailing 12 months as of December 2014 was $5.52. The P/E ratio is currently 12.18, which is close to its one-year low of 11.31 and a good sign for investors.
Haliburton Co (HAL, Financial)
1,463 shares of HAL were purchased at an average price of $41.69 a share. Haliburton is another producer, developer and explorer of natural gas and crude oil. The company was established in 1919.
The Lynch earnings line is at $38.80. HAL is currently trading at $48.08, which indicates the stock may be currently overvalued.
Revenue per share for the trailing twelve months as of March 2015 was $38.26 and its growth rate for the year was 13.10%. The company has shown predictable revenue earnings growth, which is a good sign for investors.
Brown also reduced its stakes in the following positions: Google Inc (GOOGL, Financial), Comcast Corp (CMCSK, Financial), Total SA (TOT, Financial), Berkshire Hathaway Inc (BRK.A, Financial) and American Express Co (AXP, Financial).
For a complete list of positions that were added to and reduced, click here.