Martin Capital Partners, LLC Buys Unilever PLC, Emerson Electric Co, Total SA, Sells Royal Dutch Shell PLC, T. Rowe Price Group Inc, Williams-Sonoma Inc

• New Purchases: UL, EMR, TOT, VFC, ABC, CHRW, RHI,
• Added Positions: PEG, TXN, UPS, CVX, MRK, BNS, USB, VTR, SPSB, IGSB, VZ, SHY, PAYX, IEI, RTN, STIP, SBUX, MSM, XOM, LYG, BWZ, IRM, CNP, T,
• Reduced Positions: OMC, EMN, PFG, AAPL, GIS, PFE, K, PG, MSFT, GSK, PEP, ISBC, MPW, DGX, PAI,
• Sold Out: RDS.B, TROW, WSM, QCOM, AXP, CFR, INGR, CBRL, UNM, HOPE,

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

1. Pfizer Inc (PFE) - 178,169 shares, 4.43% of the total portfolio. Shares reduced by 2.55%
2. Johnson & Johnson (JNJ) - 40,544 shares, 4.05% of the total portfolio. Shares reduced by 0.51%
3. Amgen Inc (AMGN) - 24,279 shares, 3.75% of the total portfolio. Shares reduced by 0.49%
4. United Parcel Service Inc (UPS) - 50,894 shares, 3.62% of the total portfolio. Shares added by 23.26%
5. Gilead Sciences Inc (GILD) - 59,996 shares, 3.42% of the total portfolio. Shares reduced by 0.74%

Martin Capital Partners, LLC initiated holding in Unilever PLC. The purchase prices were between $44.62 and $60.96, with an estimated average price of $55.88. The stock is now traded at around $52.76. The impact to a portfolio due to this purchase was 3.05%. The holding were 79,231 shares as of .

Martin Capital Partners, LLC initiated holding in Emerson Electric Co. The purchase prices were between $38.08 and $77.87, with an estimated average price of $66.31. The stock is now traded at around $50.77. The impact to a portfolio due to this purchase was 1.82%. The holding were 50,142 shares as of .

Martin Capital Partners, LLC initiated holding in Total SA. The purchase prices were between $24.76 and $56.51, with an estimated average price of $45.33. The stock is now traded at around $32.53. The impact to a portfolio due to this purchase was 1.74%. The holding were 61,367 shares as of .

Martin Capital Partners, LLC initiated holding in VF Corp. The purchase prices were between $45.99 and $100.23, with an estimated average price of $78.61. The stock is now traded at around $53.34. The impact to a portfolio due to this purchase was 1.61%. The holding were 39,089 shares as of .

Martin Capital Partners, LLC initiated holding in AmerisourceBergen Corp. The purchase prices were between $73.93 and $97, with an estimated average price of $88.21. The stock is now traded at around $85.57. The impact to a portfolio due to this purchase was 0.21%. The holding were 3,124 shares as of .

Martin Capital Partners, LLC initiated holding in C.H. Robinson Worldwide Inc. The purchase prices were between $60.11 and $84.1, with an estimated average price of $72.11. The stock is now traded at around $70.96. The impact to a portfolio due to this purchase was 0.17%. The holding were 3,451 shares as of .

Martin Capital Partners, LLC added to a holding in Public Service Enterprise Group Inc by 126.75%. The purchase prices were between $36.86 and $61.74, with an estimated average price of $54.24. The stock is now traded at around $50.01. The impact to a portfolio due to this purchase was 1.56%. The holding were 81,583 shares as of .

Martin Capital Partners, LLC added to a holding in Texas Instruments Inc by 31.66%. The purchase prices were between $93.5 and $134.25, with an estimated average price of $120.51. The stock is now traded at around $106.84. The impact to a portfolio due to this purchase was 0.76%. The holding were 41,273 shares as of .

Martin Capital Partners, LLC added to a holding in United Parcel Service Inc by 23.26%. The purchase prices were between $86.17 and $118.61, with an estimated average price of $104.08. The stock is now traded at around $100.62. The impact to a portfolio due to this purchase was 0.68%. The holding were 50,894 shares as of .

Martin Capital Partners, LLC added to a holding in Chevron Corp by 27.02%. The purchase prices were between $54.22 and $121.43, with an estimated average price of $99.58. The stock is now traded at around $81.64. The impact to a portfolio due to this purchase was 0.67%. The holding were 56,949 shares as of .

Martin Capital Partners, LLC added to a holding in Merck & Co Inc by 33.25%. The purchase prices were between $66.4 and $92.04, with an estimated average price of $82.63. The stock is now traded at around $78.56. The impact to a portfolio due to this purchase was 0.55%. The holding were 37,581 shares as of .

Martin Capital Partners, LLC added to a holding in Bank of Nova Scotia by 22.96%. The purchase prices were between $32.16 and $56.72, with an estimated average price of $50.82. The stock is now traded at around $37.08. The impact to a portfolio due to this purchase was 0.51%. The holding were 88,116 shares as of .

Martin Capital Partners, LLC sold out a holding in Royal Dutch Shell PLC. The sale prices were between $19.58 and $61.98, with an estimated average price of $47.33.

Martin Capital Partners, LLC sold out a holding in T. Rowe Price Group Inc. The sale prices were between $85.42 and $139.06, with an estimated average price of $122.82.

Martin Capital Partners, LLC sold out a holding in Williams-Sonoma Inc. The sale prices were between $30.66 and $76.59, with an estimated average price of $64.07.

Martin Capital Partners, LLC sold out a holding in Qualcomm Inc. The sale prices were between $60.91 and $95.91, with an estimated average price of $82.41.

Martin Capital Partners, LLC sold out a holding in American Express Co. The sale prices were between $68.96 and $136.93, with an estimated average price of $117.01.

Martin Capital Partners, LLC sold out a holding in Cullen/Frost Bankers Inc. The sale prices were between $49.22 and $97.85, with an estimated average price of $82.19.