First Eagle Investment (Trades, Portfolio) sold shares of the following stocks during the first quarter.
The firm trimmed 42.16% off its Microsoft Corp. (MSFT, Financial)Ă‚ position, impacting the portfolio by -2.06%.
The software company has a market cap of $740.35 billion and an enterprise value of $685.24 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. Its return on equity of 14.74% and return on assets of 4.72% are outperforming 59% of companies in the Global Software - Infrastructure industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 1.71 is below the industry median of 8.37.
PRIMECAP Management (Trades, Portfolio) is the largest shareholder of the company among the gurus with 0.55% of outstanding shares, followed by Bill Gates (Trades, Portfolio) with 0.52% and Dodge & Cox with 0.5%.
The holding of Liberty Global PLC (LBTYK, Financial) was reduced by 39.35%. The trade had an impact of -0.56% on the portfolio.
The company, which invests in international television and broadband companies, has a market cap of $22.89 billion and an enterprise value of $64.52 billion.
GuruFocus gives the company a profitability and growth rating of 6 out of 10. The ROE of -50.47% and ROA of -6.49% are underperforming 89% of companies in the Global Pay TV industry. Its financial strength is rated 3 out of 10. The cash-debt ratio of 0.01 is below the industry median of 0.42.
The company's largest shareholder among the gurus is Dodge & Cox with 4.82% of outstanding shares, followed by David Herro (Trades, Portfolio) with 2.93% and Lou Simpson (Trades, Portfolio) with 1.2%.
The firm’s Cintas Corp. (CTAS, Financial) stake was trimmed by 40.71%. The transaction had an impact of -0.43% on the portfolio.
The company provides corporate identity uniforms. It has a market cap of $19.51 billion and an enterprise value of $22.05 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. The ROE of 29.64% and ROA of 11.62% are outperforming 78% of companies in the Global Business Services industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.07 is below the industry median of 1.31.
Columbia Wanger (Trades, Portfolio) is another notable guru shareholder of the company with 0.15% of outstanding shares, followed by Joel Greenblatt (Trades, Portfolio) with 0.1%.
First Eagle also trimmed its Air Products & Chemicals Inc. (APD, Financial) holding by 68.39%, impacting the portfolio by -0.18%.
The company, which sells gases and chemicals for industrial uses, has a market cap of $36.88 billion and an enterprise value of $37.35 billion.
GuruFocus gives the company a profitability and growth rating of 6 out of 10. The ROE of 11.51% and ROA of 6.28% are outperforming 91% of companies in the Global Chemicals industry. Its financial strength is rated 7 out of 10. The cash-debt ratio of 0.90 is below the industry median of 0.96.
The company's largest guru shareholder is Barrow, Hanley, Mewhinney & Strauss with 3.77% of outstanding shares, followed by Jim Simons (Trades, Portfolio) with 0.25%, Pioneer Investments (Trades, Portfolio) with 0.07% and Steven Cohen (Trades, Portfolio) with 0.05%.
The firm closed its position in Marathon Petroleum Corp. (MPC, Financial). The trade had an impact of -0.16% on the portfolio.
The company, which operates in refining, retail and transportation of petroleum products in the United States, has a market cap of $36.73 billion and an enterprise value of $53.21 billion.
GuruFocus gives the company a profitability and growth rating of 5 out of 10. The ROE of 25.41% and ROA of 7.38% are outperforming 62% of companies in the Global Oil and Gas Refining and Marketing industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.27 is below the industry median of 0.61.
Daniel Loeb (Trades, Portfolio) is the company's largest shareholder among the gurus with 0.43% of outstanding shares, followed by Greenblatt with 0.1% and Jeremy Grantham (Trades, Portfolio) with 0.05%.
The Alphabet Inc. (GOOG) holding was trimmed by 26.56%, impacting the portfolio by -0.16%.
The internet company has a market cap of $741.77 billion and an enterprise value of $644.19 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. The ROE of 10.89% and ROA of 8.80% are outperforming 56% of companies in the Global Internet Content and Information industry. Its financial strength is rated 9 out of 10. The cash-debt ratio of 19.41 is above the industry median of 7.46.
The company's largest guru shareholder is Frank Sands (Trades, Portfolio) with 0.18% of outstanding shares, followed by Ken Fisher (Trades, Portfolio) with 0.17%.
The firm closed its Flex Ltd. (FLEX, Financial) stake. The trade had an impact of -0.15% on the portfolio.
The company, which provides packaged consumer electronics and industrial products, has a market cap of $7.57 billion and an enterprise value of $9.04 billion.
GuruFocus gives the company a profitability and growth rating of 4 out of 10. The ROE of 15.51% and ROA of 3.21% are outperforming 55% of companies in the Global Contract Manufacturers industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.50 is below the industry median of 1.41.
PRIMECAP Management is the company's largest shareholder among the gurus with 10.1% of outstanding shares, followed by Larry Robbins (Trades, Portfolio) with 6.19% and Richard Pzena (Trades, Portfolio) with 0.92%.
Disclosure: I do not own any stocks mentioned in this article.
