MERITAGE PORTFOLIO MANAGEMENT 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.
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As of the latest 13F report, the guru’s equity portfolio contained 306 stocks valued at a total of $1.21Bil. The top holdings were AAPL(6.89%), MSFT(4.89%), and GOOGL(3.50%).
According to GuruFocus data, these were MERITAGE PORTFOLIO MANAGEMENT’s top five trades of the quarter.
Cheniere Energy Inc
During the quarter, MERITAGE PORTFOLIO MANAGEMENT bought 100,114 shares of AMEX:LNG for a total holding of 148,262. The trade had a 1.38% impact on the equity portfolio. During the quarter, the stock traded for an average price of $151.67.
On 10/25/2022, Cheniere Energy Inc traded for a price of $169.28 per share and a market cap of $42.28Bil. The stock has returned 57.96% over the past year.
GuruFocus gives the company a financial strength rating of 3 out of 10 and a profitability rating of 4 out of 10.
In terms of valuation, Cheniere Energy Inc has a EV-to-Ebitda ratio of -650.46 and a price-sales ratio of 1.73.
The price-to-GF Value ratio is 0.89, earning the stock a GF Value rank of 5.
Blackstone Inc
The guru sold out of their 163,447-share investment in NYSE:BX. Previously, the stock had a 1.16% weight in the equity portfolio. Shares traded for an average price of $96.85 during the quarter.
On 10/25/2022, Blackstone Inc traded for a price of $91.55 per share and a market cap of $68.18Bil. The stock has returned -30.73% 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, Blackstone Inc has a price-earnings ratio of 25.82, a price-book ratio of 8.98, a price-earnings-to-growth (PEG) ratio of 7.82 and a price-sales ratio of 6.79.
The price-to-GF Value ratio is 0.62, earning the stock a GF Value rank of 8.
Perficient Inc
The guru sold out of their 147,505-share investment in NAS:PRFT. Previously, the stock had a 1.05% weight in the equity portfolio. Shares traded for an average price of $83.45 during the quarter.
On 10/25/2022, Perficient Inc traded for a price of $68.69 per share and a market cap of $2.38Bil. The stock has returned -44.92% 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, Perficient Inc has a price-earnings ratio of 32.25, a price-book ratio of 6.37, a price-earnings-to-growth (PEG) ratio of 1.93, a EV-to-Ebitda ratio of 20.84 and a price-sales ratio of 2.93.
The price-to-GF Value ratio is 0.93, earning the stock a GF Value rank of 6.
Costco Wholesale Corp
MERITAGE PORTFOLIO MANAGEMENT reduced their investment in NAS:COST by 22,889 shares. The trade had a 0.85% impact on the equity portfolio. During the quarter, the stock traded for an average price of $520.14.
On 10/25/2022, Costco Wholesale Corp traded for a price of $499.06 per share and a market cap of $220.89Bil. The stock has returned 2.52% over the past year.
GuruFocus gives the company a financial strength rating of 8 out of 10 and a profitability rating of 9 out of 10.
In terms of valuation, Costco Wholesale Corp has a price-earnings ratio of 37.97, a price-book ratio of 10.70, a price-earnings-to-growth (PEG) ratio of 3.11, a EV-to-Ebitda ratio of 22.12 and a price-sales ratio of 0.97.
The price-to-GF Value ratio is 1.00, earning the stock a GF Value rank of 5.
PPL Corp
The guru sold out of their 366,626-share investment in NYSE:PPL. Previously, the stock had a 0.77% weight in the equity portfolio. Shares traded for an average price of $28.63 during the quarter.
On 10/25/2022, PPL Corp traded for a price of $25.96 per share and a market cap of $19.11Bil. The stock has returned -6.81% over the past year.
GuruFocus gives the company a financial strength rating of 3 out of 10 and a profitability rating of 7 out of 10.
In terms of valuation, PPL Corp has a price-earnings ratio of 26.47, a price-book ratio of 1.38, a EV-to-Ebitda ratio of 12.50 and a price-sales ratio of 2.99.
The price-to-GF Value ratio is 0.74, earning the stock a GF Value rank of 9.
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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