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Warren Buffett Buys Unitedhealth Group Inc., Ingersoll-Rand Co. Ltd., Sells OSI Restaurant Partners, Inc., Sealed Air Corp., Target Corp.

10qk

What did Warren Buffett buy? This is the update of What Warren Buffett's Berkshire Hathaway bought during the 4th quarter. Berkshire bought Unitedhealth Group Inc. Ingersoll-Rand Co. Ltd. Berkshire has been accumulating US Bankcorp since the first quarter of 2006. It was only disclosed today. Berkshire holds more than 23 million shares of USB. With this report we also close our contest.

Warren Buffett buys Unitedhealth Group Inc., Ingersoll-Rand Co. Ltd., sells OSI Restaurant Partners, Inc., Sealed Air Corp., Target Corp. during the 3-months ended 12/31/2006, according to the most recent filings of his investment company, Berkshire Hathaway. Warren Buffett owns 38 stocks with a total value of $52.8 billion. These are the details of the buys and sells.

New Purchase: Unitedhealth Group Inc. (UNH)

Warren Buffett initiated holdings in Health Care Providers company Unitedhealth Group Inc.. His purchase prices were between $46.11 and $53.66, with an estimated average price of $49.6. The impact to his portfolio due to this purchase was 0.09%. His holdings was 1,021,400 shares as of 12/31/2006. Unitedhealth Group Inc. closed today at $51.64.

New Purchase: Ingersoll-Rand Co. Ltd. (IR)

Warren Buffett initiated holdings in Diversified Industrials company Ingersoll-Rand Co. Ltd.. His purchase prices were between $36.69 and $40.75, with an estimated average price of $38.7. The impact to his portfolio due to this purchase was 0.05%. His holdings was 636,600 shares as of 12/31/2006. Ingersoll-Rand Co. Ltd. closed today at $42.81.

Reduced: Ameriprise Financial, Inc. Common Stock, par value (AMP)

Warren Buffett reduced to his holdings in Consumer Finance company Ameriprise Financial, Inc. Common Stock, par value by 57.05%. His sale prices were between $48.53 and $55.2, with an estimated average price of $52.2. The impact to his portfolio due to this sale was 0.54%. His still held 8,270,637 shares as of 12/31/2006. Ameriprise Financial, Inc. Common Stock, par value closed today at $62.56.

Reduced: Comcast CL A SPCL (CMCSK)

Warren Buffett reduced to his holdings in Broadcasting & Entertainment company Comcast CL A SPCL by 27.99%. His sale prices were between $37.05 and $42.47, with an estimated average price of $40.2. The impact to his portfolio due to this sale was 0.49%. His still held 8,000,000 shares as of 12/31/2006. Comcast CL A SPCL closed today at $40.96.

Reduced: H&R Block Inc. (HRB)

Warren Buffett reduced to his holdings in Specialized Consumer Services company H&R Block Inc. by 62.51%. His sale prices were between $21.31 and $23.77, with an estimated average price of $22.7. The impact to his portfolio due to this sale was 0.11%. His still held 4,113,400 shares as of 12/31/2006. H&R Block Inc. closed today at $23.86.

Reduced: Pier 1 Imports Inc. (PIR)

Warren Buffett reduced to his holdings in Specialty Retailers company Pier 1 Imports Inc. by 54.91%. His sale prices were between $6 and $7.81, with an estimated average price of $6.7. The impact to his portfolio due to this sale was 0.01%. His still held 1,483,400 shares as of 12/31/2006. Pier 1 Imports Inc. closed today at $6.51.

Sold Out: OSI Restaurant Partners, Inc. (OSI)

Warren Buffett sold out his holdings in Restaurants & bars company OSI Restaurant Partners, Inc.. His sale prices were between $32.32 and $39.4, with an estimated average price of $36.9. The impact to his portfolio due to this sale was less than 0.01%. OSI Restaurant Partners, Inc. closed today at $40.37.

Sold Out: Sealed Air Corp. (SEE)

Warren Buffett sold out his holdings in Containers & Packaging company Sealed Air Corp.. His sale prices were between $55.1 and $65.11, with an estimated average price of $59.9. The impact to his portfolio due to this sale was less than 0.01%. Sealed Air Corp. closed today at $65.74.

Sold Out: Target Corp. (TGT)

Warren Buffett sold out his holdings in Broadline Retailers company Target Corp.. His sale prices were between $55.91 and $59.56, with an estimated average price of $57.9. The impact to his portfolio due to this sale was less than 0.01%. Target Corp. closed today at $62.44.


Rating: 3.8/5 (12 votes)

Comments

kfh227
Kfh227 premium member - 7 years ago
I love the IR purchase! I don't understand why he sold out TGT. I don't know much about UNH, but I agree that it is a good stock while i can not comment on valuation.

Accumulating USB.... VERY NICE. If I had spare change laying around, I'd do the same. I'm trying to sell some puts (doing naked puts) against USB, but the premiums arn't so great.
cash flow
Cash flow premium member - 7 years ago
I'm sure there must be a good reason.. but why doesn't it indicate the USB purchase in the WB buys?
kfh227
Kfh227 premium member - 7 years ago
OK, I jsut laughed. I was looking at my Roth-IRA holdings. I forgot that I bought USB several months ago with those tax sheltered dividends. It's a tiny portion, but YAYYYY ME!!!!!
magalengo
Magalengo - 7 years ago
Unitedhealth Group purchase is relatively small, sounds like Lou Simpson of Geico.

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