Palouse Capital Management, Inc. recently filed their 13F report for the third quarter of 2022, which ended on 2022-09-30.
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.
717 West Sprague Avenue Spokane, WA 99201
As of the latest 13F report, the guru’s equity portfolio contained 78 stocks valued at a total of $176.00Mil. The top holdings were VCIT(3.66%), HBAN(2.98%), and DVN(2.91%).
According to GuruFocus data, these were Palouse Capital Management, Inc.’s top five trades of the quarter.
Molson Coors Beverage Co
The guru sold out of their 113,332-share investment in NYSE:TAP. Previously, the stock had a 3.06% weight in the equity portfolio. Shares traded for an average price of $54.24 during the quarter.
On 10/21/2022, Molson Coors Beverage Co traded for a price of $49.16 per share and a market cap of $10.69Bil. The stock has returned 13.93% over the past year.
GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, Molson Coors Beverage Co has a price-earnings ratio of 14.58, a price-book ratio of 0.80, a EV-to-Ebitda ratio of 9.41 and a price-sales ratio of 1.00.
The price-to-GF Value ratio is 0.95, earning the stock a GF Value rank of 5.
Baker Hughes Co
The guru established a new position worth 164,647 shares in NAS:BKR, giving the stock a 1.96% weight in the equity portfolio. Shares traded for an average price of $25.04 during the quarter.
On 10/21/2022, Baker Hughes Co traded for a price of $26.67 per share and a market cap of $26.72Bil. The stock has returned 12.86% over the past year.
GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 4 out of 10.
In terms of valuation, Baker Hughes Co has a price-book ratio of 1.85, a EV-to-Ebitda ratio of 17.64 and a price-sales ratio of 1.22.
The price-to-GF Value ratio is 1.80, earning the stock a GF Value rank of 1.
Broadcom Inc
The guru sold out of their 2,505-share investment in NAS:AVGOP.PFD. Previously, the stock had a 1.87% weight in the equity portfolio. Shares traded for an average price of $1598.97 during the quarter.
On 10/21/2022, Broadcom Inc traded for a price of $1406.7 per share and a market cap of $0.00Mil. The stock has returned -6.86% over the past year.
GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 9 out of 10.
In terms of valuation, Broadcom Inc has a price-earnings ratio of 18.61, a price-book ratio of 8.35, a price-earnings-to-growth (PEG) ratio of 0.59, a EV-to-Ebitda ratio of 11.31 and a price-sales ratio of 5.81.
The price-to-GF Value ratio is 0.00, earning the stock a GF Value rank of 9.
Lamar Advertising Co
The guru established a new position worth 36,627 shares in NAS:LAMR, giving the stock a 1.72% weight in the equity portfolio. Shares traded for an average price of $95.28 during the quarter.
On 10/21/2022, Lamar Advertising Co traded for a price of $88.61 per share and a market cap of $9.00Bil. The stock has returned -21.45% over the past year.
GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, Lamar Advertising Co has a price-earnings ratio of 19.73, a price-book ratio of 7.27, a price-earnings-to-growth (PEG) ratio of 9.87, a EV-to-Ebitda ratio of 15.50 and a price-sales ratio of 4.63.
The price-to-GF Value ratio is 0.88, earning the stock a GF Value rank of 6.
Prudential Financial Inc
The guru sold out of their 29,071-share investment in NYSE:PRU. Previously, the stock had a 1.38% weight in the equity portfolio. Shares traded for an average price of $96.26 during the quarter.
On 10/21/2022, Prudential Financial Inc traded for a price of $98.29 per share and a market cap of $36.56Bil. The stock has returned -9.03% over the past year.
GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 5 out of 10.
In terms of valuation, Prudential Financial Inc has a price-earnings ratio of 18.21, a price-book ratio of 1.31, a EV-to-Ebitda ratio of 939.27 and a price-sales ratio of 0.56.
The price-to-GF Value ratio is 0.98, 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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