Jeff Auxier (Trades, Portfolio), president and CEO of Auxier Asset Management, sold shares of the following stocks during the second quarter.
The guru reduced his holding of Keurig Dr Pepper Inc. (KDP, Financial) by 61.48%. The trade had an impact of -0.95% on the portfolio.
The company, which manufactures nonalcoholic beverages, has a market cap of $32.64 billion and an enterprise value of $36.96 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity of 50.66% and return on assets of 11.91% are outperforming 78% of companies in the Global Beverages - Soft Drinks industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.02 is below the industry median of 0.73
Jim Simons (Trades, Portfolio) is the largest shareholder of the company among the gurus with 0.15% of outstanding shares, followed by Mario Gabelli (Trades, Portfolio) with 0.07% and Pioneer Investments (Trades, Portfolio) with 0.02%.
The Twenty-First Century Fox Inc. (FOXA, Financial) holding was trimmed 44.76%. The trade had an impact of -0.24% on the portfolio.
The media conglomerate has a market cap of $84 billion and an enterprise value of $97.14 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity of 25.09% and return on assets of 8.47% are outperforming 79% of companies in the Global Media - Diversified industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.39 is below the industry median of 0.82.
The largest guru shareholder of the company is Dodge & Cox with 3.69% of outstanding shares, followed by Seth Klarman (Trades, Portfolio) with 2.13% and Barrow, Hanley, Mewhinney & Strauss with 0.58%.
The GlaxoSmithKline PLC (GSK, Financial) position was reduced by 24.89%. The transaction had an impact of -0.16% on the portfolio.
The pharmaceutical company has a market cap of $100.36 billion and an enterprise value of $130.33 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity of 146.63% and return on assets of 2.88% are outperforming 50% of companies in the Global Drug Manufacturers - Major industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.15 is below the industry median of 2.03.
Dodge & Cox is the company's largest guru shareholder with 1.94% of outstanding shares, followed by Ken Fisher (Trades, Portfolio) with 0.56% and Simons with 0.38%.
Auxier curbed his Unilever NV (UN, Financial) holding by 9.19%, impacting the portfolio by -0.12%.
The company, which makes household products, has a market cap of $152.8 billion and an enterprise value of $181.61 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity of 43.33% and return on assets of 9.89% are outperforming 81% of companies in the Global Household and Personal Products industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.16 is below the industry median of 0.50
The largest guru shareholder of the company is Tom Russo (Trades, Portfolio) with 0.55% of outstanding shares, followed by Fisher with 0.15%, Tweedy Browne (Trades, Portfolio) with 0.02% and Jeremy Grantham (Trades, Portfolio) with 0.01%.
The Diageo PLC (DEO, Financial) position was reduced by 22.62%. The trade had an impact of -0.11% on the portfolio.
The company, which produces alcoholic beverages, has a market cap of $86.37 billion and an enterprise value of $100.21 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. The return on equity of 30.04% and return on assets of 10.23% are outperforming 81% of companies in the Global Beverages - Wineries & Distilleries industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.09 is below the industry median of 0.79.
With 0.5% of outstanding shares, Bill Nygren (Trades, Portfolio) is the company's largest guru shareholder, followed by Tom Gayner (Trades, Portfolio) with 0.22% and Simons with 0.11%.
The America Movil SAB de CV (AMX) holding was reduced by 5.88%, impacting the portfolio by -0.09%.
The company provides telecommunications services. It has a market cap of $54.77 billion and an enterprise value of $88.22 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity of 21.09% and return on assets of 3.96% are outperforming 56% of companies in the Global Telecom Services industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.10 is below the industry median of 0.30.
The company's largest shareholder among the gurus is Fisher with 0.43% of outstanding shares, followed by Ron Baron (Trades, Portfolio) with 0.13% and Charles Brandes (Trades, Portfolio) with 0.03%.
Disclosure: I do not own any stocks mentioned in this article.
