1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Tiziano Frateschi
Tiziano Frateschi
Articles (2703)  | Author's Website |

Pennant Investors Exits Johnson & Johnson, Cuts Amazon

Firm's largest sales of the 3rd quarter

Alan Fournier (Trades, Portfolio)'s Pennant Investors, LP sold shares of the following stocks during the third quarter, which ended on Sept. 30.

Johnson & Johnson

The firm closed its position Johnson & Johnson (JNJ). The trade had an impact of -3.86% on the portfolio.

The healthcare firm has a market cap of $385 billion and an enterprise value of $392 billion.

e4065b7e9b6235f497c1fbae10f37d21.png

GuruFocus gives the company a profitability and growth rating of 9 out of 10. The return on equity of 27.72% and return on assets of 10.65% are underperforming 86% of companies in its industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.82 is below the industry median of 0.91.

The company's largest guru shareholders are Pioneer Investments (Trades, Portfolio) with 0.23% and Jeremy Grantham (Trades, Portfolio) with 0.09% of outstanding shares.

Amazon.com

The Amazon.com Inc. (AMZN) stake was trimmed by 24.62%, impacting the portfolio by -1.86%.

The world's largest online retailer by market cap has a market cap of $1.56 trillion and an enterprise value of $1.58 trillion.

b6838b6bf8a6fc4c874e97fe92790626.png

GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity of 25.53% and return on assets of 7.33% are outperforming 92% of companies in the retail, cyclical industry. Its financial strength is rated 7 out of 10. The cash-debt ratio of 0.84 is above the industry median of 0.51.

The largest guru shareholder of the company is Ken Fisher (Trades, Portfolio) with 0.34% of outstanding shares, followed by Pioneer Investments (Trades, Portfolio) with 0.21% and Spiros Segalas (Trades, Portfolio) with 0.20%.

Microsoft

The firm trimmed its position in Microsoft Corp. (MSFT) by 35.83%. The portfolio was impacted by -1.85%.

The company, which develops and licenses consumer software, has a market cap of $1.59 trillion and an enterprise value of $1.52 trillion.

cac4a631283b90eb35bf99ceeb3443ea.png

GuruFocus gives the company a profitability and growth rating of 9 out of 10. The return on equity of 41.49% and return on assets of 16.38% are outperforming 93% of companies in the software industry. Its financial strength is rated 7 out of 10. The cash-debt ratio of 1.94 is above the industry median of 2.33.

The largest guru shareholder of the company is Fisher with 0.30% of outstanding shares, followed by PRIMECAP Management (Trades, Portfolio) with 0.29% and Pioneer Investments (Trades, Portfolio) with 0.27%.

Energy Transfer

The firm curbed its Energy Transfer LP (ET) stake by 84.45%, impacting the portfolio by -1.63%.

The company has a market cap of $16.40 billion and an enterprise value of $81.53 billion.

23c0aafb34232b05a5a2c8a2ed66b362.png

GuruFocus gives the company a profitability and growth rating of 6 out of 10. The return on equity of -1.18% and return on assets of -0.25% is outperforming 61% of companies in the oil and gas industry. Its financial strength is rated 3 out of 10. The cash-debt ratio of 0.01 is far below the industry median of 0.4.

The largest guru shareholder of the company is David Abrams (Trades, Portfolio) with 0.82% of outstanding shares, followed by David Tepper (Trades, Portfolio) with 0.70% and Louis Moore Bacon (Trades, Portfolio) with 0.37%.

Antero Midstream

The investment firm reduced its Antero Midstream Corp. (AM) position by 29.96%. The trade had an impact of -1.29% on the portfolio.

The midstream company has a market cap of $3.05 billion and an enterprise value of $6.17 billion.

ff4e31e377788561dc8e15ea16e79440.png

GuruFocus gives the company a profitability and growth rating of 4 out of 10. The return on equity of -12.06% and return on assets of -5.75% are underperforming 55% of companies in the oil and gas industry. Its financial strength is rated 3 out of 10 with the cash-debt ratio of 0.44.

The largest guru shareholder of the company is Glenn Greenberg (Trades, Portfolio) with 1.78% of outstanding shares, followed by Fournier with 0.29% and Joel Greenblatt (Trades, Portfolio) with 0.09%.

Disclosure: I do not own any stocks mentioned.

Read more here:

Not a Premium Member of GuruFocus? Sign up for a free 7-day trial here.

About the author:

Tiziano Frateschi
You can read about me on www.theextraincome.info, which gives suggestions on position trading.

Visit Tiziano Frateschi's Website


Rating: 0.0/5 (0 votes)

Comments

Please leave your comment:



Performances of the stocks mentioned by Tiziano Frateschi


User Generated Screeners


pjmason14Momentum
pascal.van.garsseHigh FCF-M2
kosalmmuse6
kosalmmuseBest one1
DBrizanall 2019Feb26
kosalmmuseBest one
DBrizanall 2019Feb25
kosalmmuseNice
kosalmmusehan
MsDale*52-Week Low
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)