Warren Buffett (Trades, Portfolio) is the most respected and successful investor in history. The Oracle of Omaha during the first quarter exited his stakes in AT&T Inc. (T) and Precision Castparts Corp. (PCP) but acquired a new position in Apple Inc. (AAPL).
The guru almost closed his shares in Procter & Gamble Co. (PG) with a decrease of 99.40% and an impact of -3.16% on the portfolio.
The company provides consumer packaged goods. It markets its products in about 180 countries through mass merchandisers, grocery stores, membership club stores, drug stores and department stores among others.
Third quarter diluted net earnings per share had an increase of 29%, but net sales had a decrease of 7% from the same quarter of a year before.
GuruFocus gives the stock a profitability and growth rating of 7 out of 10 with ROE of 14.30% and ROA of 7.20% that are outperforming 73% of the companies in the Global Household & Personal Products industry. Financial strength has a rating of 8 out of 10 with cash to debt of 0.42 that is below the industry median of 0.68.
Donald Yacktman (Trades, Portfolio) is the company's largest shareholder among the gurus, with 0.73% of outstanding shares followed by Yacktman Fund (Trades, Portfolio) with 0.31%, Ken Fisher (Trades, Portfolio) with 0.3%, Yacktman Focused Fund (Trades, Portfolio) with 0.29% and Jeremy Grantham (Trades, Portfolio) with 0.27%.
The investor closed his stake in AT&T with an impact of -1.22% on the portfolio.
The company through its subsidiaries and affiliates provides wireless and wireline telecommunications services in the U.S. and internationally. It has three reportable segments: Wireless, Wireline and Other.
During the last quarter revenues grew 19% from the third quarter of 2015 largely due to the acquisition of Directv (DTV).
GuruFocus gives the stock a profitability and growth rating of 8 out of 10 with ROE of 12.79% and ROA of 3.76% that are outperforming 58% of the companies in the Global Telecom Services industry. Financial strength has a rating of 5 out of 10 with cash to debt of 0.08 that is far below the industry median of 0.50.
The largest shareholder among the gurus is Barrow, Hanley, Mewhinney & Strauss with 0.34% of outstanding shares followed by PRIMECAP Management (Trades, Portfolio) with 0.31%, Pioneer Investments (Trades, Portfolio) with 0.05%, Mario Gabelli (Trades, Portfolio) with 0.05%, Grantham with 0.01%, Richard Pzena (Trades, Portfolio) with 0.01% and Ray Dalio (Trades, Portfolio) with 0.01%.
The guru increased his shares in Phillips 66Ă‚ (PSX) by 22.87% with an impact of 0.95% on the portfolio.
It is a downstream energy company. The company's segments include Refining and Marketing (R&M), Midstream and Chemicals businesses. Its Chemicals business is conducted through its 50% interest in Chevron Phillips Chemical Company LLC.
During the first quarter it announced earnings of $385 million, compared with $650 million in the fourth quarter of 2015. Adjusted earnings were $360 million, a decrease of $350 million from the last quarter.
GuruFocus gives the stock a profitability and growth rating of 6 out of 10 with ROE of 16.00% and ROA of 7.39% that are outperforming 69% of the companies in the Global Oil & Gas Refining & Marketing industry. Financial strength has a rating of 8 out of 10 with cash to debt of 0.20 that is below the industry median of 0.50.
Barrow, Hanley, Mewhinney & Strauss is the company's second-largest shareholder among the gurus with 2.68% of outstanding shares followed by First Eagle Investment (Trades, Portfolio) with 0.53%, Pioneer Investments (Trades, Portfolio) with 0.12%, NWQ Managers (Trades, Portfolio) with 0.11% and Tweedy Browne (Trades, Portfolio) with 0.08%.
The investor bought 9,811,747 shares in Apple with an impact of 0.83% on the portfolio.
The company designs, manufactures and markets mobile communication and media devices, personal computers and portable digital music players and sells a variety of related software, services, accessories, networking solutions and third-party digital content.
During the second quarter revenue was $50.6 billion and quarterly net income of $1.90 per diluted share compared to revenue of $58 billion and net income of $2.33 per diluted share in the year-ago quarter.
GuruFocus gives the stock a profitability and growth rating of 9 out of 10 with ROE of 40.05% and ROA of 17.80% that are outperforming 97% of the companies in the Global Consumer Electronics industry. Financial strength has a rating of 6 out of 10 with cash to debt of 0.69 that is below the industry median of 1.56.
The largest shareholder among the gurus is Fisher with 0.21% of outstanding shares followed by Spiros Segalas (Trades, Portfolio) with 0.21%, Pioneer Investments (Trades, Portfolio) with 0.16%, David Einhorn (Trades, Portfolio) with 0.15%, Grantham with 0.13%, Chase Coleman (Trades, Portfolio) with 0.1% and David Rolfe (Trades, Portfolio) with 0.09%.
The guru closed his stake in Precision Castparts with an impact of -0.74% on the portfolio.
The company, a manufacturer of complex metal components and products, provides high-quality investment castings, forgings and fasteners/fastener systems for critical aerospace and power applications.
During the last quarter Berkshire Hathaway Inc. (BRK.A) announced the completion of the acquisition of Precision Castparts for $235 per share in an all-cash transaction.
GuruFocus gives the stock a profitability and growth rating of 8 out of 10 with ROE of 11.59% and ROA of 6.66% that are outperforming 72% of the companies in the Global Metal Fabrication industry. Financial strength has a rating of 8 out of 10 with cash to debt of 0.13 that is below the industry median of 1.17.
The investor reduced his shares in Walmart Stores Inc. (WMT) by 1.69% with an impact of -0.04% on the portfolio.
The company operates retail stores in various formats under various banners. Its operations comprise of three reportable business segments, Walmart U.S., Walmart International and Sam's Club in three categories, retail, wholesale and others.
GuruFocus gives the stock a profitability and growth rating of 7 out of 10 with ROE of 18.47% and ROA of 7.20% that are outperforming 78% of the companies in the Global Discount Stores industry. Financial strength has a rating of 6 out of 10 with cash to debt of 0.15 that is below the industry median of 0.56.
The guru increased his shares in Visa Inc. (V) by 3.58% with an impact of 0.02% on the portfolio.
It is a payments technology company that connects consumers, businesses, banks and governments in more than 200 countries and territories to fast, secure and reliable electronic payments.
During the second quarter, driven by continued growth in processed transactions and nominal payments volume, net operating revenue had an increase of 6% nominally or 9% on a constant dollar basis over the prior year. Due to increases in personnel, general and administrative, and network and processing expenses, total operating expenses had a 6% increase over the prior year.
GuruFocus gives the stock a profitability and growth rating of 9 out of 10 with ROE of 23.59% and ROA of 15.05% that are outperforming 89% of the companies in the Global Credit Services industry. Financial strength has a rating of 7 out of 10 with cash to debt of 1.25 that is far below the industry median of 9,999.0.
Frank Sands (Trades, Portfolio) is the company's largest shareholder among the gurus with 1.85% of outstanding shares followed by Fisher with 0.68%, Segalas with 0.54%, Buffett with 0.47%, Steve Mandel (Trades, Portfolio) with 0.35% and PRIMECAP Management (Trades, Portfolio) with 0.33%.
He reduced his shares in MasterCard Inc. (MA) by 5.64% with an impact of -0.02% on the portfolio.
The company is a technology company in the payments industry that connects consumers, financial institutions, merchants, governments and businesses, enabling them to use electronic forms of payment instead of cash and checks.
GuruFocus gives the stock a profitability and growth rating of 8 out of 10 with ROE of 61.47% and ROA of 24.42% that are outperforming 98% of the companies in the Global Credit Services industry. Financial strength has a rating of 9 out of 10 with cash to debt of 1.86 that is far below the industry median of 9,999.0.
Tom Russo (Trades, Portfolio) is the company's leading shareholder among the gurus with 0.88% of outstanding shares followed by Segalas with 0.8%, Ruane Cunniff (Trades, Portfolio) with 0.47%, Mandel with 0.46% and Chuck Akre (Trades, Portfolio) with 0.43%.
The investor reduced his shares in WABCO Holdings Inc. (WBC) by 2.83% with an impact of -0.01% on the portfolio.
The company and its subsidiaries develop, manufacture and sell braking, stability, suspension and transmission automation and air management control systems for commercial vehicles.
GuruFocus gives the stock a profitability and growth rating of 7 out of 10 with ROE of 24.30% and ROA of 7.36% that are outperforming 73% of the companies in the Global Auto Parts industry. Financial strength has a rating of 8 out of 10 with cash to debt of 1.07 that is above the industry median of 0.78.
Other notable shareholders among the gurus are Grantham with 4.12% of outstanding shares followed by Lou Simpson (Trades, Portfolio) with 2.67%, Alan Fournier (Trades, Portfolio) with 1.79%, Pioneer Investments (Trades, Portfolio) with 1.06%, Columbia Wanger (Trades, Portfolio) with 0.65%, Steven Cohen (Trades, Portfolio) with 0.28% and Louis Moore Bacon (Trades, Portfolio) with 0.22%.
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