CHEMUNG CANAL TRUST CO recently filed their 13F report for the second quarter of 2022, which ended on 2022-06-30.
The 13F report details which stocks were in a guru’s equity portfolio at the end of the quarter, though investors should note that these filings are limited in scope, containing only a snapshot of long positions in U.S.-listed stocks and American depository receipts as of the quarter’s end. They are not required to include international holdings, short positions or other types of investments. Still, even this limited filing can provide valuable information.
PO BOX 1522 ELMIRA, NY 14902-1522
As of the latest 13F report, the guru’s equity portfolio contained 119 stocks valued at a total of $438.00Mil. The top holdings were XLK(6.13%), MSFT(4.34%), and XLE(3.60%).
According to GuruFocus data, these were CHEMUNG CANAL TRUST CO’s top five trades of the quarter.
Amazon.com Inc
CHEMUNG CANAL TRUST CO reduced their investment in NAS:AMZN by 55,760 shares. The trade had a 1.76% impact on the equity portfolio. During the quarter, the stock traded for an average price of $125.73.
On 07/01/2022, Amazon.com Inc traded for a price of $109.56 per share and a market cap of $1,114.71Bil. The stock has returned -38.25% over the past year.
GuruFocus gives the company a financial strength rating of 7 out of 10 and a profitability rating of 9 out of 10.
In terms of valuation, Amazon.com Inc has a price-earnings ratio of 52.89, a price-book ratio of 8.32, a price-earnings-to-growth (PEG) ratio of 1.26, a EV-to-Ebitda ratio of 19.29 and a price-sales ratio of 2.38.
The price-to-GF Value ratio is 0.58, earning the stock a GF Value rank of 8.
Truist Financial Corp
CHEMUNG CANAL TRUST CO reduced their investment in NYSE:TFC by 131,511 shares. The trade had a 1.45% impact on the equity portfolio. During the quarter, the stock traded for an average price of $49.44.
On 07/01/2022, Truist Financial Corp traded for a price of $48.2 per share and a market cap of $64.17Bil. The stock has returned -11.08% over the past year.
GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 6 out of 10.
In terms of valuation, Truist Financial Corp has a price-earnings ratio of 10.76, a price-book ratio of 1.11, a price-earnings-to-growth (PEG) ratio of 1.22 and a price-sales ratio of 2.93.
The price-to-GF Value ratio is 0.86, earning the stock a GF Value rank of 7.
American Express Co
During the quarter, CHEMUNG CANAL TRUST CO bought 37,136 shares of NYSE:AXP for a total holding of 40,849. The trade had a 1.17% impact on the equity portfolio. During the quarter, the stock traded for an average price of $165.52.
On 07/01/2022, American Express Co traded for a price of $140.4 per share and a market cap of $105.73Bil. The stock has returned -14.69% over the past year.
GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 7 out of 10.
In terms of valuation, American Express Co has a price-earnings ratio of 14.08, a price-book ratio of 4.73, a price-earnings-to-growth (PEG) ratio of 2.17 and a price-sales ratio of 2.41.
The price-to-GF Value ratio is 0.89, earning the stock a GF Value rank of 6.
SPDR Semiconductors ETF
CHEMUNG CANAL TRUST CO reduced their investment in ARCA:XSD by 26,665 shares. The trade had a 1.07% impact on the equity portfolio. During the quarter, the stock traded for an average price of $174.
On 07/01/2022, SPDR Semiconductors ETF traded for a price of $146.01 per share and a market cap of $905.26Mil. The stock has returned -20.92% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, SPDR Semiconductors ETF has a price-earnings ratio of 17.81 and a price-book ratio of 3.57.
Lockheed Martin Corp
The guru established a new position worth 10,253 shares in NYSE:LMT, giving the stock a 1.01% weight in the equity portfolio. Shares traded for an average price of $439.13 during the quarter.
On 07/01/2022, Lockheed Martin Corp traded for a price of $433.52 per share and a market cap of $115.36Bil. The stock has returned 16.55% over the past year.
GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 9 out of 10.
In terms of valuation, Lockheed Martin Corp has a price-earnings ratio of 19.16, a price-book ratio of 11.49, a price-earnings-to-growth (PEG) ratio of 1.77, a EV-to-Ebitda ratio of 13.40 and a price-sales ratio of 1.81.
The price-to-GF Value ratio is 1.06, earning the stock a GF Value rank of 5.
Please note, the numbers and facts quoted are as of the writing of this article and may not factor in the latest trading data or company announcements.
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