Tweedy Browne (Trades, Portfolio) Co. LLC sold shares of the following stocks during the first quarter of 2020.
Baidu
The firm cut the Baidu Inc. (BIDU) position by 16.65%. The portfolio was impacted by -1.23%.
The Chinese internet search engine has a market cap of $33.03 billion and an enterprise value of $23.80 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. The return on equity of 1.27% and return on assets of 0.71% are outperforming 52% of companies in the interactive media industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 1.99 is below the industry median of 3.91.
The largest guru shareholder of the company is Dodge & Cox with 2.91% of outstanding shares, followed by Sarah Ketterer (Trades, Portfolio)’s Causeway Capital Management with 1.91% and David Herro (Trades, Portfolio) with 1.08%.
Johnson & Johnson
The firm cut its Johnson & Johnson (JNJ) position by 5.14%. The trade had an impact of -0.53% on the portfolio.
The healthcare company has a market cap of $387.89 billion and an enterprise value of $397.45 billion.
GuruFocus gives the company a profitability and growth rating of 9 out of 10. The return on equity of 28.88% and return on assets of 11.13% are outperforming 86% of companies in the drug manufacturers industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.7 is below the industry median of 0.92.
Pioneer Investments (Trades, Portfolio) is the largest guru shareholder of the company with 0.18% of outstanding shares. Other notable shareholders include the T Rowe Price Equity Income Fund (Trades, Portfolio) with 0.11% and Yacktman Asset Management (Trades, Portfolio) with 0.11%.
Bank Of New York Mellon
The firm cut its Bank of New York Mellon Corp. (BK) holding by 2.08%. The portfolio was impacted by -0.15%.
The global investment company has a market cap of $28.77 billion.
GuruFocus gives the company a profitability and growth rating of 4 out of 10. While the return on equity of 10.39% is outperforming the sector, return on assets of 1.15% is underperforming 57% of companies in the asset management industry. Its financial strength is rated 3 out of 10. The cash-debt ratio of 6.09 is above the industry median of 5.75.
Warren Buffett (Trades, Portfolio)’s Berkshire Hathaway is the largest guru shareholder of the company with 8.96% of outstanding shares. Other notable shareholders include Dodge & Cox with 5.24% and First Eagle Investment (Trades, Portfolio) with 2.08%.
Verizon
The firm cut its position in Verizon Communications Inc. (VZ) by 16.03%, impacting the portfolio by -0.15%.
The developer of software for enterprise customers has a market cap of $68.9 billion and an enterprise value of $68.24 billion.
GuruFocus gives the company a profitability and growth rating of 4 out of 10. The return on equity of 40.85% and return on assets of 13.02% are outperforming 89% of companies in the software industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 1.55 is below the industry median of 2.24.
The largest guru shareholder of the company is Pioneer Investments (Trades, Portfolio) with 0.39% of outstanding shares, followed by the T Rowe Price Equity Income Fund (Trades, Portfolio) with 0.11%.
MRC Global
The investment firm reduced its position in MRC Global Inc. (MRC) by 7.27%. The trade had an impact of -0.13% on the portfolio.
The distributor of a wide range of industrial products to the energy industry has a market cap of $364 million and an enterprise value of $1.41 billion.
GuruFocus gives the company a profitability and growth rating of 6 out of 10. The return on equity of 0.59% and return on assets of 1.21% are outperforming 53% of companies in the oil and gas industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.04 is below the industry median of 0.36.
The largest guru shareholder of the company is Browne with 4.10% of outstanding shares, followed by Jim Simons (Trades, Portfolio)’ Renaissance Technologies with 1.15% and Joel Greenblatt (Trades, Portfolio)’s Gotham Asset Management with 0.26%.
Berkshire Hathaway
The firm reduced its holding in Berkshire Hathaway Inc. (BRK.A) by 0.96%. The trade had an impact of -0.12% on the portfolio.
The conglomerate has a market cap of $414 billion and an enterprise value of $479 billion.
GuruFocus gives the company a profitability and growth rating of 6 out of 10. The return on assets of 1.29% and return on equity of 2.57% are underperforming 54% of other companies in the insurance industry. Its financial strength is rated 4 out of 10. The cash-debt ratio of 0.41 is below the industry median of 2.39.
The largest guru shareholder of the company is Tom Russo (Trades, Portfolio) with 0.23% of outstanding shares, followed by Chris Davis (Trades, Portfolio) with 0.19% and Ruane Cunniff (Trades, Portfolio) with 0.12%.
Disclosure: I do not own any stocks mentioned.
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