Mechanics Bank Trust Department Buys SPDR Wells Fargo Preferred Stock ETF, Huntington Bancshares Inc, Hanesbrands Inc, Sells Nestle SA, The Kroger Co, C.H. Robinson Worldwide Inc

Author's Avatar
Jan 24, 2020
Article's Main Image
Richmond, CA, based Investment company Mechanics Bank Trust Department (Current Portfolio) buys SPDR Wells Fargo Preferred Stock ETF, Huntington Bancshares Inc, Hanesbrands Inc, PayPal Holdings Inc, Agilent Technologies Inc, sells Nestle SA, The Kroger Co, C.H. Robinson Worldwide Inc, Edison International, Deere during the 3-months ended 2019Q4, according to the most recent filings of the investment company, Mechanics Bank Trust Department. As of 2019Q4, Mechanics Bank Trust Department owns 174 stocks with a total value of $509 million. These are the details of the buys and sells.

For the details of Mechanics Bank Trust Department's stock buys and sells, go to https://www.gurufocus.com/guru/mechanics+bank+trust+department/current-portfolio/portfolio

These are the top 5 holdings of Mechanics Bank Trust Department
  1. SPDR S&P 500 ETF Trust (SPY) - 109,361 shares, 6.92% of the total portfolio. Shares reduced by 5.08%
  2. iShares iBoxx $ Investment Grade Corporate Bond ET (LQD) - 159,650 shares, 4.02% of the total portfolio. Shares added by 1.27%
  3. Microsoft Corp (MSFT) - 106,802 shares, 3.31% of the total portfolio. Shares reduced by 2.26%
  4. Apple Inc (AAPL) - 53,868 shares, 3.11% of the total portfolio. Shares reduced by 0.06%
  5. Johnson & Johnson (JNJ) - 87,808 shares, 2.52% of the total portfolio. Shares reduced by 1.05%
New Purchase: Huntington Bancshares Inc (HBAN)

Mechanics Bank Trust Department initiated holding in Huntington Bancshares Inc. The purchase prices were between $13.5 and $15.6, with an estimated average price of $14.69. The stock is now traded at around $14.27. The impact to a portfolio due to this purchase was 0.11%. The holding were 35,435 shares as of .

New Purchase: Hanesbrands Inc (HBI)

Mechanics Bank Trust Department initiated holding in Hanesbrands Inc. The purchase prices were between $14.36 and $16.31, with an estimated average price of $15.2. The stock is now traded at around $14.44. The impact to a portfolio due to this purchase was 0.08%. The holding were 27,830 shares as of .

New Purchase: Agilent Technologies Inc (A)

Mechanics Bank Trust Department initiated holding in Agilent Technologies Inc. The purchase prices were between $72.49 and $85.45, with an estimated average price of $78.92. The stock is now traded at around $89.07. The impact to a portfolio due to this purchase was 0.04%. The holding were 2,495 shares as of .

New Purchase: Sysco Corp (SYY)

Mechanics Bank Trust Department initiated holding in Sysco Corp. The purchase prices were between $77.57 and $85.8, with an estimated average price of $81.1. The stock is now traded at around $83.59. The impact to a portfolio due to this purchase was 0.04%. The holding were 2,380 shares as of .

New Purchase: American Express Co (AXP)

Mechanics Bank Trust Department initiated holding in American Express Co. The purchase prices were between $112.54 and $125.77, with an estimated average price of $119.65. The stock is now traded at around $131.37. The impact to a portfolio due to this purchase was 0.04%. The holding were 1,641 shares as of .

New Purchase: Carriage Services Inc (CSV)

Mechanics Bank Trust Department initiated holding in Carriage Services Inc. The purchase prices were between $20.61 and $28.26, with an estimated average price of $24.3. The stock is now traded at around $24.45. The impact to a portfolio due to this purchase was 0.04%. The holding were 8,337 shares as of .

Added: SPDR Wells Fargo Preferred Stock ETF (PSK)

Mechanics Bank Trust Department added to a holding in SPDR Wells Fargo Preferred Stock ETF by 55.47%. The purchase prices were between $43.17 and $44.38, with an estimated average price of $43.87. The stock is now traded at around $44.39. The impact to a portfolio due to this purchase was 0.33%. The holding were 108,025 shares as of .

Added: PayPal Holdings Inc (PYPL)

Mechanics Bank Trust Department added to a holding in PayPal Holdings Inc by 1185.45%. The purchase prices were between $96.64 and $109.75, with an estimated average price of $104.36. The stock is now traded at around $117.89. The impact to a portfolio due to this purchase was 0.06%. The holding were 2,738 shares as of .

Sold Out: Nestle SA (NSRGY)

Mechanics Bank Trust Department sold out a holding in Nestle SA. The sale prices were between $103.26 and $108.98, with an estimated average price of $105.66.

Sold Out: The Kroger Co (KR)

Mechanics Bank Trust Department sold out a holding in The Kroger Co. The sale prices were between $23.84 and $29.1, with an estimated average price of $26.57.

Sold Out: C.H. Robinson Worldwide Inc (CHRW)

Mechanics Bank Trust Department sold out a holding in C.H. Robinson Worldwide Inc. The sale prices were between $74.6 and $90.52, with an estimated average price of $79.5.

Sold Out: Edison International (EIX)

Mechanics Bank Trust Department sold out a holding in Edison International. The sale prices were between $62.16 and $75.59, with an estimated average price of $70.75.

Sold Out: Deere & Co (DE)

Mechanics Bank Trust Department sold out a holding in Deere & Co. The sale prices were between $163.25 and $179.8, with an estimated average price of $172.32.

Sold Out: Henry Schein Inc (HSIC)

Mechanics Bank Trust Department sold out a holding in Henry Schein Inc. The sale prices were between $61.36 and $70.36, with an estimated average price of $66.25.



Here is the complete portfolio of Mechanics Bank Trust Department. Also check out:

1. Mechanics Bank Trust Department's Undervalued Stocks
2. Mechanics Bank Trust Department's Top Growth Companies, and
3. Mechanics Bank Trust Department's High Yield stocks
4. Stocks that Mechanics Bank Trust Department keeps buying