1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
insider
insider
Articles 

Covenant Asset Management, LLC Buys Netflix, Citizens Financial Group, Regions Financial, Sells Eagle Bancorp, Starbucks, Acuity Brands

Investment company Covenant Asset Management, LLC buys Netflix, Citizens Financial Group, Regions Financial, Vanguard REIT ETF - DNQ, Huntington Ingalls Industries, Steel Dynamics, Advanced Energy Industries, Morgan Stanley, Grand Canyon Education, Old Dominion Freight Lines, sells Eagle Bancorp, Starbucks, Acuity Brands, Columbia Property Trust, Visa during the 3-months ended 2017-03-31, according to the most recent filings of the investment company, Covenant Asset Management, LLC. As of 2017-03-31, Covenant Asset Management, LLC owns 126 stocks with a total value of $146 million. These are the details of the buys and sells.

For the details of Covenant Asset Management, LLC's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Covenant+Asset+Management%2C+LLC

These are the top 5 holdings of Covenant Asset Management, LLC
  1. Apple Inc (AAPL) - 36,378 shares, 3.58% of the total portfolio. Shares reduced by 21.35%
  2. Facebook Inc (FB) - 29,755 shares, 2.89% of the total portfolio. Shares reduced by 11.01%
  3. Merck & Co Inc (MRK) - 63,543 shares, 2.76% of the total portfolio. Shares reduced by 7.77%
  4. Microsoft Corp (MSFT) - 58,052 shares, 2.62% of the total portfolio. Shares reduced by 0.57%
  5. Celgene Corp (CELG) - 29,881 shares, 2.54% of the total portfolio. Shares reduced by 12.93%
New Purchase: Regions Financial Corp (RF)

Covenant Asset Management, LLC initiated holdings in Regions Financial Corp. The purchase prices were between $13.78 and $15.91, with an estimated average price of $14.76. The stock is now traded at around $13.65. The impact to the portfolio due to this purchase was 1.11%. The holdings were 111,470 shares as of 2017-03-31.

New Purchase: Huntington Ingalls Industries Inc (HII)

Covenant Asset Management, LLC initiated holdings in Huntington Ingalls Industries Inc. The purchase prices were between $189.05 and $219.47, with an estimated average price of $203.27. The stock is now traded at around $200.41. The impact to the portfolio due to this purchase was 1.01%. The holdings were 7,368 shares as of 2017-03-31.

New Purchase: Steel Dynamics Inc (STLD)

Covenant Asset Management, LLC initiated holdings in Steel Dynamics Inc. The purchase prices were between $33.47 and $37.99, with an estimated average price of $35.64. The stock is now traded at around $35.06. The impact to the portfolio due to this purchase was 0.9%. The holdings were 37,698 shares as of 2017-03-31.

New Purchase: Advanced Energy Industries Inc (AEIS)

Covenant Asset Management, LLC initiated holdings in Advanced Energy Industries Inc. The purchase prices were between $54.8 and $69.78, with an estimated average price of $61.79. The stock is now traded at around $68.33. The impact to the portfolio due to this purchase was 0.89%. The holdings were 18,870 shares as of 2017-03-31.

New Purchase: Morgan Stanley (MS)

Covenant Asset Management, LLC initiated holdings in Morgan Stanley. The purchase prices were between $41.58 and $46.83, with an estimated average price of $44.37. The stock is now traded at around $42.41. The impact to the portfolio due to this purchase was 0.88%. The holdings were 30,139 shares as of 2017-03-31.

New Purchase: Grand Canyon Education Inc (LOPE)

Covenant Asset Management, LLC initiated holdings in Grand Canyon Education Inc. The purchase prices were between $56.87 and $71.74, with an estimated average price of $62.1. The stock is now traded at around $74.31. The impact to the portfolio due to this purchase was 0.85%. The holdings were 17,332 shares as of 2017-03-31.

Added: Netflix Inc (NFLX)

Covenant Asset Management, LLC added to the holdings in Netflix Inc by 440.47%. The purchase prices were between $127.49 and $148.06, with an estimated average price of $140.31. The stock is now traded at around $141.65. The impact to the portfolio due to this purchase was 1.22%. The holdings were 14,863 shares as of 2017-03-31.

Added: Citizens Financial Group Inc (CFG)

Covenant Asset Management, LLC added to the holdings in Citizens Financial Group Inc by 512.38%. The purchase prices were between $34.12 and $39.59, with an estimated average price of $36.49. The stock is now traded at around $35.38. The impact to the portfolio due to this purchase was 1.14%. The holdings were 57,380 shares as of 2017-03-31.

Added: Vanguard REIT ETF - DNQ (VNQ)

Covenant Asset Management, LLC added to the holdings in Vanguard REIT ETF - DNQ by 199.20%. The purchase prices were between $80.41 and $85.85, with an estimated average price of $82.94. The stock is now traded at around $85.25. The impact to the portfolio due to this purchase was 1.02%. The holdings were 26,997 shares as of 2017-03-31.

Added: Vanguard Value ETF - DNQ (VTV)

Covenant Asset Management, LLC added to the holdings in Vanguard Value ETF - DNQ by 161.56%. The purchase prices were between $92.81 and $98.24, with an estimated average price of $95.15. The stock is now traded at around $94.63. The impact to the portfolio due to this purchase was 0.82%. The holdings were 20,263 shares as of 2017-03-31.

Added: WisdomTree Emerging Market SmallCap Fund (DGS)

Covenant Asset Management, LLC added to the holdings in WisdomTree Emerging Market SmallCap Fund by 250.23%. The purchase prices were between $39.11 and $45.57, with an estimated average price of $42.8. The stock is now traded at around $44.58. The impact to the portfolio due to this purchase was 0.42%. The holdings were 19,070 shares as of 2017-03-31.

Added: Qualcomm Inc (QCOM)

Covenant Asset Management, LLC added to the holdings in Qualcomm Inc by 83.03%. The purchase prices were between $52.66 and $66.88, with an estimated average price of $58.02. The stock is now traded at around $52.39. The impact to the portfolio due to this purchase was 0.34%. The holdings were 19,097 shares as of 2017-03-31.

Sold Out: Eagle Bancorp Inc (EGBN)

Covenant Asset Management, LLC sold out the holdings in Eagle Bancorp Inc. The sale prices were between $56.85 and $63.8, with an estimated average price of $60.66.

Sold Out: Acuity Brands Inc (AYI)

Covenant Asset Management, LLC sold out the holdings in Acuity Brands Inc. The sale prices were between $198.59 and $239.93, with an estimated average price of $211.24.

Sold Out: Columbia Property Trust Inc (CXP)

Covenant Asset Management, LLC sold out the holdings in Columbia Property Trust Inc. The sale prices were between $21.2 and $23.43, with an estimated average price of $22.3.

Sold Out: TD Ameritrade Holding Corp (AMTD)

Covenant Asset Management, LLC sold out the holdings in TD Ameritrade Holding Corp. The sale prices were between $37.31 and $46.94, with an estimated average price of $42.58.

Sold Out: Continental Resources Inc (CLR)

Covenant Asset Management, LLC sold out the holdings in Continental Resources Inc. The sale prices were between $42.15 and $52.95, with an estimated average price of $47.1.

Sold Out: Under Armour Inc (UA)

Covenant Asset Management, LLC sold out the holdings in Under Armour Inc. The sale prices were between $17.44 and $27.32, with an estimated average price of $20.83.

Reduced: Starbucks Corp (SBUX)

Covenant Asset Management, LLC reduced to the holdings in Starbucks Corp by 91.18%. The sale prices were between $53.87 and $58.7, with an estimated average price of $56.59. The stock is now traded at around $60.30. The impact to the portfolio due to this sale was -1.5%. Covenant Asset Management, LLC still held 3,850 shares as of 2017-03-31.

Reduced: Visa Inc (V)

Covenant Asset Management, LLC reduced to the holdings in Visa Inc by 59.82%. The sale prices were between $79.5 and $90.24, with an estimated average price of $86.02. The stock is now traded at around $92.05. The impact to the portfolio due to this sale was -1.16%. Covenant Asset Management, LLC still held 14,737 shares as of 2017-03-31.

Reduced: Biogen Inc (BIIB)

Covenant Asset Management, LLC reduced to the holdings in Biogen Inc by 48.47%. The sale prices were between $251.68 and $297.85, with an estimated average price of $275.15. The stock is now traded at around $274.11. The impact to the portfolio due to this sale was -1.1%. Covenant Asset Management, LLC still held 6,610 shares as of 2017-03-31.

Reduced: Palo Alto Networks Inc (PANW)

Covenant Asset Management, LLC reduced to the holdings in Palo Alto Networks Inc by 41.35%. The sale prices were between $111.1 and $156.91, with an estimated average price of $134.14. The stock is now traded at around $108.69. The impact to the portfolio due to this sale was -1.02%. Covenant Asset Management, LLC still held 17,030 shares as of 2017-03-31.

Reduced: Apple Inc (AAPL)

Covenant Asset Management, LLC reduced to the holdings in Apple Inc by 21.35%. The sale prices were between $116.02 and $144.12, with an estimated average price of $131.71. The stock is now traded at around $142.32. The impact to the portfolio due to this sale was -0.78%. Covenant Asset Management, LLC still held 36,378 shares as of 2017-03-31.

Reduced: Vanguard FTSE Emerging Markets (VWO)

Covenant Asset Management, LLC reduced to the holdings in Vanguard FTSE Emerging Markets by 45.17%. The sale prices were between $35.78 and $40.47, with an estimated average price of $38.55. The stock is now traded at around $39.72. The impact to the portfolio due to this sale was -0.66%. Covenant Asset Management, LLC still held 33,177 shares as of 2017-03-31.



Here is the complete portfolio of Covenant Asset Management, LLC. Also check out:

1. Covenant Asset Management, LLC's Undervalued Stocks
2. Covenant Asset Management, LLC's Top Growth Companies, and
3. Covenant Asset Management, LLC's High Yield stocks
4. Stocks that Covenant Asset Management, LLC keeps buying

Rating: 0.0/5 (0 votes)

Comments

Please leave your comment:


GuruFocus has detected 4 Warning Signs with Netflix Inc $NFLX.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

Performances of the stocks mentioned by insider


User Generated Screeners


DANGORDONMARGIN OF SAFETY 4-23-17
Taekgyun Kopbr
pbarker46PB
pbarker46PB, E10 & Hist. PB
Bear03Margin of Safety 20%+
kmadnani1 Simpler Option Daily Pop
pbarker46Hist. Shiller PE
pbarker46Hist. PB
gmConsumer Electronics
jgmarisafricaKenya Stocks
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK