(GuruFocus, September 4, 2009) Yesterday we looked at Donald Yacktman’s top holdings at the end of 2Q09. Today we review what he did to his portfolio in terms of top purchases.
No. 1: PepsiCo Inc. (PEP, Financial) - Total: 1,295,425 Shares
PepsiCo Inc. consists of: Frito-Lay Company, Pepsi-Cola Company, and Tropicana Products. Pepsico Inc. has a market cap of $88.18 billion; its shares were traded at around $56.64 with a P/E ratio of 15.4 and P/S ratio of 2. The dividend yield of Pepsico Inc. stocks is 3.2%. Pepsico Inc. had an annual average earning growth of 8.4% over the past 10 years. GuruFocus rated Pepsico Inc. the business predictability rank of 2.5-star.
Yacktman increased his stake in PEP from 631K to 1.3 million shares in 2Q09.
No. 2: The Procter & Gamble Company (PG, Financial) - Total: 673,947 Shares
The Procter & Gamble Company manufactures and markets a broad range of consumer products in many countries throughout the world. Products fall into five business segments: fabric and home care, paper, beauty care, health care and food and beverage. Today P&G markets more than 250 products to more than five billion consumers in 130 countries. The Procter & Gamble Company has a market cap of $154.1 billion; its shares were traded at around $52.87 with a P/E ratio of 14.6 and P/S ratio of 2. The dividend yield of The Procter & Gamble Company stocks is 3.4%. The Procter & Gamble Company had an annual average earning growth of 10.8% over the past 10 years. GuruFocus rated The Procter & Gamble Company the business predictability rank of 3-star.
Yacktman increased his position from 225K shares to 674K shares during 2Q09.
No. 3: Pfizer Inc (PFE, Financial) - Total: 4,196,540 Shares
Pfizer Inc is a research-based global pharmaceutical company. Pfizer has three business segments: health care, animal health and consumer health care. Pfizer Inc has a market cap of $108.51 billion; its shares were traded at around $16.08 with a P/E ratio of 7.1 and P/S ratio of 2.3. The dividend yield of Pfizer Inc stocks is 3.9%. Pfizer Inc had an annual average earning growth of 11% over the past 10 years. GuruFocus rated Pfizer Inc the business predictability rank of 2.5-star.
Yacktman increased from 850K shares to 4.2 million shares during 2Q09.
No. 4: News Corp. (NWS-A) - Total: 8,553,695 Shares
News Corp. is a diversified entertainment company. The activities of News Corporation are conducted principally in the United States Continental Europe the United Kingdom Australia Asia and the Pacific Basin. News Corp. has a market cap of $15.45 billion; its shares were traded at around $8.51with a P/E ratio of 6.86 and P/S ratio of 0.47. The dividend yield of News Corp. stocks is 1.41%. News Corp. had an annual average earning growth of 17.2% over the past 5 years.
Yacktman increased his stake from 5.6 million share to 8.6 million shares in 2Q09.
No. 5: ConocoPhillips (COP, Financial) - Total: 1,052,315 Shares
ConocoPhillips is a major international integrated energy company with operations in some 49 countries. Conocophillips has a market cap of $65.51 billion; its shares were traded at around $44.22 with a P/E ratio of 7.3 and P/S ratio of 0.3. The dividend yield of Conocophillips stocks is 4.3%. Conocophillips had an annual average earning growth of 19% over the past 10 years.
Yacktman increased his stake from 300K to 1.05 million shares during 2Q09.
Conclusion
As Yacktman stated in the latest Bloomberg interview, he is back to quality again. His 2Q09 top purchases confirm his words.
GuruFocus provides real time information and insights of Investment Gurus such as Warren Buffett and Donald Yacktman for Premium Members. If you are not a premium member, click here to sign up or upgrade. 7-Day Free Trial is available.
No. 1: PepsiCo Inc. (PEP, Financial) - Total: 1,295,425 Shares
PepsiCo Inc. consists of: Frito-Lay Company, Pepsi-Cola Company, and Tropicana Products. Pepsico Inc. has a market cap of $88.18 billion; its shares were traded at around $56.64 with a P/E ratio of 15.4 and P/S ratio of 2. The dividend yield of Pepsico Inc. stocks is 3.2%. Pepsico Inc. had an annual average earning growth of 8.4% over the past 10 years. GuruFocus rated Pepsico Inc. the business predictability rank of 2.5-star.
Yacktman increased his stake in PEP from 631K to 1.3 million shares in 2Q09.
No. 2: The Procter & Gamble Company (PG, Financial) - Total: 673,947 Shares
The Procter & Gamble Company manufactures and markets a broad range of consumer products in many countries throughout the world. Products fall into five business segments: fabric and home care, paper, beauty care, health care and food and beverage. Today P&G markets more than 250 products to more than five billion consumers in 130 countries. The Procter & Gamble Company has a market cap of $154.1 billion; its shares were traded at around $52.87 with a P/E ratio of 14.6 and P/S ratio of 2. The dividend yield of The Procter & Gamble Company stocks is 3.4%. The Procter & Gamble Company had an annual average earning growth of 10.8% over the past 10 years. GuruFocus rated The Procter & Gamble Company the business predictability rank of 3-star.
Yacktman increased his position from 225K shares to 674K shares during 2Q09.
No. 3: Pfizer Inc (PFE, Financial) - Total: 4,196,540 Shares
Pfizer Inc is a research-based global pharmaceutical company. Pfizer has three business segments: health care, animal health and consumer health care. Pfizer Inc has a market cap of $108.51 billion; its shares were traded at around $16.08 with a P/E ratio of 7.1 and P/S ratio of 2.3. The dividend yield of Pfizer Inc stocks is 3.9%. Pfizer Inc had an annual average earning growth of 11% over the past 10 years. GuruFocus rated Pfizer Inc the business predictability rank of 2.5-star.
Yacktman increased from 850K shares to 4.2 million shares during 2Q09.
No. 4: News Corp. (NWS-A) - Total: 8,553,695 Shares
News Corp. is a diversified entertainment company. The activities of News Corporation are conducted principally in the United States Continental Europe the United Kingdom Australia Asia and the Pacific Basin. News Corp. has a market cap of $15.45 billion; its shares were traded at around $8.51with a P/E ratio of 6.86 and P/S ratio of 0.47. The dividend yield of News Corp. stocks is 1.41%. News Corp. had an annual average earning growth of 17.2% over the past 5 years.
Yacktman increased his stake from 5.6 million share to 8.6 million shares in 2Q09.
No. 5: ConocoPhillips (COP, Financial) - Total: 1,052,315 Shares
ConocoPhillips is a major international integrated energy company with operations in some 49 countries. Conocophillips has a market cap of $65.51 billion; its shares were traded at around $44.22 with a P/E ratio of 7.3 and P/S ratio of 0.3. The dividend yield of Conocophillips stocks is 4.3%. Conocophillips had an annual average earning growth of 19% over the past 10 years.
Yacktman increased his stake from 300K to 1.05 million shares during 2Q09.
Conclusion
As Yacktman stated in the latest Bloomberg interview, he is back to quality again. His 2Q09 top purchases confirm his words.
GuruFocus provides real time information and insights of Investment Gurus such as Warren Buffett and Donald Yacktman for Premium Members. If you are not a premium member, click here to sign up or upgrade. 7-Day Free Trial is available.
