EASTERN BANK recently filed their 13F report for the fourth quarter of 2022, which ended on 2022-12-31.
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.
265 FRANKLIN STREET, BOS301 BOSTON, MA 02110
As of the latest 13F report, the guru’s equity portfolio contained 199 stocks valued at a total of $1.87Bil. The top holdings were SPY(5.24%), MSFT(4.42%), and AAPL(3.12%).
According to GuruFocus data, these were EASTERN BANK’s top five trades of the quarter.
Invesco BulletShares 2022 Corporate Bond ETF
The guru sold out of their 1,117,740-share investment in NAS:BSCM. Previously, the stock had a 1.35% weight in the equity portfolio. Shares traded for an average price of $21.21 during the quarter.
On 01/25/2023, Invesco BulletShares 2022 Corporate Bond ETF traded for a price of $21.16 per share and a market cap of $1.44Bil. The stock has returned -0.89% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
SPDR Portfolio Intermediate Term Corporate Bond ETF
During the quarter, EASTERN BANK bought 469,365 shares of ARCA:SPIB for a total holding of 1,777,410. The trade had a 0.8% impact on the equity portfolio. During the quarter, the stock traded for an average price of $31.46.
On 01/25/2023, SPDR Portfolio Intermediate Term Corporate Bond ETF traded for a price of $32.65 per share and a market cap of $6.30Bil. The stock has returned -6.02% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
Stryker Corp
EASTERN BANK reduced their investment in NYSE:SYK by 45,527 shares. The trade had a 0.53% impact on the equity portfolio. During the quarter, the stock traded for an average price of $226.93.
On 01/25/2023, Stryker Corp traded for a price of $255.75 per share and a market cap of $96.78Bil. The stock has returned 2.85% over the past year.
GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 9 out of 10.
In terms of valuation, Stryker Corp has a price-earnings ratio of 39.77, a price-book ratio of 5.88, a price-earnings-to-growth (PEG) ratio of 11.05, a EV-to-Ebitda ratio of 28.25 and a price-sales ratio of 5.42.
The price-to-GF Value ratio is 0.95, earning the stock a GF Value rank of 6.
Royalty Pharma PLC
The guru established a new position worth 233,299 shares in NAS:RPRX, giving the stock a 0.49% weight in the equity portfolio. Shares traded for an average price of $41.74 during the quarter.
On 01/25/2023, Royalty Pharma PLC traded for a price of $38.26 per share and a market cap of $16.88Bil. The stock has returned -1.14% 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, Royalty Pharma PLC has a price-earnings ratio of 79.87, a price-book ratio of 2.74, a EV-to-Ebitda ratio of 19.95 and a price-sales ratio of 9.39.
AT&T Inc
During the quarter, EASTERN BANK bought 460,267 shares of NYSE:T for a total holding of 683,658. The trade had a 0.45% impact on the equity portfolio. During the quarter, the stock traded for an average price of $17.9.
On 01/25/2023, AT&T Inc traded for a price of $19.16 per share and a market cap of $136.55Bil. The stock has returned 2.02% 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, AT&T Inc has a price-earnings ratio of 7.10, a price-book ratio of 1.12, a EV-to-Ebitda ratio of 5.25 and a price-sales ratio of 0.87.
The price-to-GF Value ratio is 1.29, earning the stock a GF Value rank of 1.
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.
When GuruFocus covers insider information, we only track open market or the private purchase and sale of common stock with the transaction code of P or S. Therefore, all the transactions mentioned in this article are only the ones with transaction code of P or S.
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