Drexel Morgan & Co. Buys AT&T Inc, International Business Machines Corp, JPMorgan Chase, Sells Wells Fargo, Boeing Co, Aflac Inc

• New Purchases: BYD, TGNA, WASH, PENN, X, F, NVS, BMTC,
• Added Positions: T, IBM, JPM, KO, JNJ, SLB, AXP, MSFT, IEFA, AAPL, PG, ABT, DE, CAT, MCD, UNP, UL, MDT, EMR, CL, DIS, MMM, RDS.A, XOM, RTX, SPY, DD, MRK, SDY, IWN,
• Reduced Positions: BND, VTI, ABBV, ADSK, BMY, PAYX,
• Sold Out: WFC, BA, AFL, EFV, PH, VZ, IGI, EFG, IJR, ADP, C,

For the details of Drexel Morgan & Co.'s stock buys and sells, go to https://www.gurufocus.com/guru/drexel+morgan+%26+co./current-portfolio/portfolio

1. AT&T Inc (T) - 1,261,666 shares, 14.47% of the total portfolio. Shares added by 2195.15%
2. International Business Machines Corp (IBM) - 230,916 shares, 10.08% of the total portfolio. Shares added by 1500.14%
3. JPMorgan Chase & Co (JPM) - 236,606 shares, 8.38% of the total portfolio. Shares added by 1938.65%
4. Coca-Cola Co (KO) - 454,900 shares, 7.92% of the total portfolio. Shares added by 907.20%
5. Johnson & Johnson (JNJ) - 119,593 shares, 6.17% of the total portfolio. Shares added by 471.72%

Drexel Morgan & Co. initiated holding in Boyd Gaming Corp. The purchase prices were between $7.84 and $34.74, with an estimated average price of $25.85. The stock is now traded at around $17.22. The impact to a portfolio due to this purchase was 2.27%. The holding were 400,000 shares as of .

Drexel Morgan & Co. initiated holding in Tegna Inc. The purchase prices were between $10.68 and $18.06, with an estimated average price of $16.05. The stock is now traded at around $10.80. The impact to a portfolio due to this purchase was 1.67%. The holding were 389,842 shares as of .

Drexel Morgan & Co. initiated holding in Washington Trust Bancorp Inc. The purchase prices were between $30.65 and $53.79, with an estimated average price of $45.53. The stock is now traded at around $31.90. The impact to a portfolio due to this purchase was 1.67%. The holding were 116,123 shares as of .

Drexel Morgan & Co. initiated holding in Penn National Gaming Inc. The purchase prices were between $4.52 and $38.28, with an estimated average price of $25.33. The stock is now traded at around $17.93. The impact to a portfolio due to this purchase was 1.49%. The holding were 300,000 shares as of .

Drexel Morgan & Co. initiated holding in United States Steel Corp. The purchase prices were between $4.9 and $11.41, with an estimated average price of $8.46. The stock is now traded at around $8.42. The impact to a portfolio due to this purchase was 0.74%. The holding were 300,000 shares as of .

Drexel Morgan & Co. initiated holding in Ford Motor Co. The purchase prices were between $4.01 and $9.42, with an estimated average price of $7.56. The stock is now traded at around $5.07. The impact to a portfolio due to this purchase was 0.58%. The holding were 304,000 shares as of .

Drexel Morgan & Co. added to a holding in AT&T Inc by 2195.15%. The purchase prices were between $26.77 and $39.37, with an estimated average price of $36.28. The stock is now traded at around $29.38. The impact to a portfolio due to this purchase was 13.84%. The holding were 1,261,666 shares as of .

Drexel Morgan & Co. added to a holding in International Business Machines Corp by 1500.14%. The purchase prices were between $94.77 and $156.76, with an estimated average price of $132.68. The stock is now traded at around $121.92. The impact to a portfolio due to this purchase was 9.45%. The holding were 230,916 shares as of .

Drexel Morgan & Co. added to a holding in JPMorgan Chase & Co by 1938.65%. The purchase prices were between $79.03 and $141.09, with an estimated average price of $122.27. The stock is now traded at around $93.25. The impact to a portfolio due to this purchase was 7.97%. The holding were 236,606 shares as of .

Drexel Morgan & Co. added to a holding in Coca-Cola Co by 907.20%. The purchase prices were between $37.56 and $60.13, with an estimated average price of $54.17. The stock is now traded at around $45.87. The impact to a portfolio due to this purchase was 7.13%. The holding were 454,900 shares as of .

Drexel Morgan & Co. added to a holding in Johnson & Johnson by 471.72%. The purchase prices were between $111.14 and $153.99, with an estimated average price of $142.18. The stock is now traded at around $148.66. The impact to a portfolio due to this purchase was 5.09%. The holding were 119,593 shares as of .

Drexel Morgan & Co. added to a holding in Schlumberger Ltd by 1207.29%. The purchase prices were between $12.05 and $40.82, with an estimated average price of $29.34. The stock is now traded at around $17.41. The impact to a portfolio due to this purchase was 1.64%. The holding were 334,744 shares as of .

Drexel Morgan & Co. sold out a holding in Wells Fargo & Co. The sale prices were between $25.25 and $53.8, with an estimated average price of $42.87.

Drexel Morgan & Co. sold out a holding in Boeing Co. The sale prices were between $95.01 and $347.45, with an estimated average price of $276.34.

Drexel Morgan & Co. sold out a holding in Aflac Inc. The sale prices were between $25.27 and $53.42, with an estimated average price of $46.04.

Drexel Morgan & Co. sold out a holding in iShares MSCI EAFE Value. The sale prices were between $30.99 and $50.45, with an estimated average price of $44.48.

Drexel Morgan & Co. sold out a holding in Parker Hannifin Corp. The sale prices were between $97.56 and $215.28, with an estimated average price of $182.27.

Drexel Morgan & Co. sold out a holding in Verizon Communications Inc. The sale prices were between $49.94 and $61.4, with an estimated average price of $57.34.