Palouse Capital Management, Inc. 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.
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As of the latest 13F report, the guru’s equity portfolio contained 81 stocks valued at a total of $202.00Mil. The top holdings were VCIT(3.52%), TSN(3.14%), and TAP(3.06%).
According to GuruFocus data, these were Palouse Capital Management, Inc.’s top five trades of the quarter.
United Parcel Service Inc
The guru established a new position worth 22,083 shares in NYSE:UPS, giving the stock a 2% weight in the equity portfolio. Shares traded for an average price of $182.9 during the quarter.
On 07/28/2022, United Parcel Service Inc traded for a price of $188.33 per share and a market cap of $163.84Bil. The stock has returned 0.28% 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, United Parcel Service Inc has a price-earnings ratio of 15.06, a price-book ratio of 10.06, a price-earnings-to-growth (PEG) ratio of 1.71, a EV-to-Ebitda ratio of 9.90 and a price-sales ratio of 1.63.
The price-to-GF Value ratio is 0.95, earning the stock a GF Value rank of 6.
Target Corp
The guru established a new position worth 27,549 shares in NYSE:TGT, giving the stock a 1.93% weight in the equity portfolio. Shares traded for an average price of $192.05 during the quarter.
On 07/28/2022, Target Corp traded for a price of $159.9664 per share and a market cap of $73.86Bil. The stock has returned -36.72% over the past year.
GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, Target Corp has a price-earnings ratio of 13.20, a price-book ratio of 6.86, a price-earnings-to-growth (PEG) ratio of 0.94, a EV-to-Ebitda ratio of 8.45 and a price-sales ratio of 0.72.
The price-to-GF Value ratio is 0.72, earning the stock a GF Value rank of 10.
Cisco Systems Inc
The guru established a new position worth 73,696 shares in NAS:CSCO, giving the stock a 1.56% weight in the equity portfolio. Shares traded for an average price of $47.99 during the quarter.
On 07/28/2022, Cisco Systems Inc traded for a price of $45.78 per share and a market cap of $189.20Bil. The stock has returned -13.84% over the past year.
GuruFocus gives the company a financial strength rating of 7 out of 10 and a profitability rating of 10 out of 10.
In terms of valuation, Cisco Systems Inc has a price-earnings ratio of 16.04, a price-book ratio of 4.68, a price-earnings-to-growth (PEG) ratio of 3.21, a EV-to-Ebitda ratio of 10.41 and a price-sales ratio of 3.74.
The price-to-GF Value ratio is 0.90, earning the stock a GF Value rank of 7.
Corning Inc
The guru established a new position worth 95,170 shares in NYSE:GLW, giving the stock a 1.49% weight in the equity portfolio. Shares traded for an average price of $34.5 during the quarter.
On 07/28/2022, Corning Inc traded for a price of $36.415 per share and a market cap of $30.00Bil. The stock has returned -8.35% over the past year.
GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, Corning Inc has a price-earnings ratio of 15.63, a price-book ratio of 2.56, a price-earnings-to-growth (PEG) ratio of 12.02, a EV-to-Ebitda ratio of 8.08 and a price-sales ratio of 2.15.
The price-to-GF Value ratio is 0.92, earning the stock a GF Value rank of 9.
State Street Corporation
The guru established a new position worth 46,634 shares in NYSE:STT, giving the stock a 1.43% weight in the equity portfolio. Shares traded for an average price of $71 during the quarter.
On 07/28/2022, State Street Corporation traded for a price of $69.62 per share and a market cap of $25.60Bil. The stock has returned -16.59% 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, State Street Corporation has a price-earnings ratio of 9.64, a price-book ratio of 1.07, a price-earnings-to-growth (PEG) ratio of 1.16 and a price-sales ratio of 2.33.
The price-to-GF Value ratio is 0.88, earning the stock a GF Value rank of 7.
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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