Hamlin Capital Management, LLC Buys Johnson & Johnson, Broadcom Inc, Williams Inc, Sells M.D.C. Holdings Inc

• New Purchases: JNJ, AVGO, IWD, AMLP,
• Added Positions: WMB, KEY, IPG, QCOM, NTAP, FNB, GIS, UMPQ,
• Reduced Positions: MDC, TGT, BCE, MSM, PG, FAF, PSX, PKG,

For the details of Hamlin Capital Management, LLC's stock buys and sells, go to https://www.gurufocus.com/guru/hamlin+capital+management%2C+llc/current-portfolio/portfolio

1. AT&T Inc (T) - 2,920,514 shares, 4.75% of the total portfolio. Shares reduced by 0.54%
2. Verizon Communications Inc (VZ) - 1,709,800 shares, 4.37% of the total portfolio. Shares reduced by 0.82%
3. Target Corp (TGT) - 797,015 shares, 4.25% of the total portfolio. Shares reduced by 13.23%
4. BCE Inc (BCE) - 1,956,273 shares, 3.77% of the total portfolio. Shares reduced by 1.12%
5. Enterprise Products Partners LP (EPD) - 3,160,528 shares, 3.70% of the total portfolio. Shares reduced by 0.04%

Hamlin Capital Management, LLC initiated holding in Johnson & Johnson. The purchase prices were between $127.5 and $146.44, with an estimated average price of $135.91. The stock is now traded at around $149.17. The impact to a portfolio due to this purchase was 1.7%. The holding were 280,778 shares as of .

Hamlin Capital Management, LLC initiated holding in Broadcom Inc. The purchase prices were between $270.07 and $327.8, with an estimated average price of $304.55. The stock is now traded at around $308.79. The impact to a portfolio due to this purchase was 1.62%. The holding were 123,400 shares as of .

Hamlin Capital Management, LLC initiated holding in iShares Russell 1000 Value ETF. The purchase prices were between $122.8 and $136.67, with an estimated average price of $130.97. The stock is now traded at around $138.47. The impact to a portfolio due to this purchase was 0.17%. The holding were 30,110 shares as of .

Hamlin Capital Management, LLC initiated holding in Alerian MLP ETF. The purchase prices were between $7.68 and $8.83, with an estimated average price of $8.28. The stock is now traded at around $8.84. The impact to a portfolio due to this purchase was 0.04%. The holding were 119,225 shares as of .

Hamlin Capital Management, LLC added to a holding in Williams Companies Inc by 47.85%. The purchase prices were between $21.95 and $23.94, with an estimated average price of $22.9. The stock is now traded at around $23.86. The impact to a portfolio due to this purchase was 0.7%. The holding were 2,195,990 shares as of .