Independent investment management firm First Eagle Investment (Trades, Portfolio) sold shares of the following stocks during the fourth quarter.
The firm cut its Omnicom Group Inc. (OMC, Financial) stake by 35.04%. The trade had an impact of -0.94% on the portfolio.
The advertising, marketing and corporate communications company has a market cap of $16.6 billion and an enterprise value of $19.93 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. The return on equity of 47.38% and return on assets of 5.12% are outperforming 63% of companies in the Global Advertising Agencies industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.43 is below the industry median of 1.83.
The company's largest guru shareholder is First Eagle with 4.53% of outstanding shares, followed by Richard Pzena (Trades, Portfolio) with 3.07% and John Rogers (Trades, Portfolio) with 0.5%.
The firm trimmed its Xilinx Inc. (XLNX, Financial) stake by 48.52%. The trade had an impact of -0.65% on the portfolio.
The semiconductor manufacturing company has a market cap of $29.92 billion and an enterprise value of $28.18 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. The return on equity of 34.68% and return on assets of 16.30% are outperforming 79% of companies in the Global Semiconductors industry. Its financial strength is rated 7 out of 10. The cash-debt ratio of 2.02 is below the industry median of 1.69.
With 0.4% of outstanding shares, Pioneer Investments (Trades, Portfolio) is another notable guru shareholder, followed by Jim Simons (Trades, Portfolio)’ Renaissance Technologies with 0.24% and Steven Cohen (Trades, Portfolio) with 0.01%.
First Eagle reduced its Microsoft Corp. (MSFT, Financial) stake by 23.68%. The trade had an impact of -0.57% on the portfolio.
The software company has a market cap of $820.08 billion and an enterprise value of $756.23 billion.
GuruFocus gives the company a profitability and growth rating of 9 out of 10. The return on equity of 40.08% and return on assets of 13.13% are outperforming 67% of companies in the Global Software - Infrastructure industry. Its financial strength is rated 7 out of 10. The cash-debt ratio of 1.75 is below the industry median of 4.27.
The company's largest guru shareholder is PRIMECAP Management (Trades, Portfolio) with 0.5% of outstanding shares, followed by Dodge & Cox with 0.47%.
The firm sold out of Mastercard Inc. (MA, Financial). The trade impacted the portfolio by -0.51%.
The financial services company, which manages several payment brands, has a market cap of $224.82 billion and an enterprise value of $222.8 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. The return on equity of 106.15% and return on assets of 25.49% are outperforming 96% of companies in the Global Credit Services industry. Its financial strength is rated 7 out of 10. The cash-debt ratio of 1.32 is below the industry median of 8.43.
The company's largest guru shareholder is Tom Russo (Trades, Portfolio) with 0.81% of outstanding shares, followed by Spiros Segalas (Trades, Portfolio) with 0.56%, Chuck Akre (Trades, Portfolio) with 0.52% and Warren Buffett (Trades, Portfolio) with 0.48%.
The firm divested of its Visa Inc. (V, Financial) holding, impacting the portfolio by -0.50%.
The financial and credit card services company has a market cap of $321.56 billion and an enterprise value of $331.9 billion.
GuruFocus gives the company a profitability and growth rating of 9 out of 10. The return on equity of 30.72% and return on assets of 15.58% are outperforming 86% of companies in the Global Credit Services industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.71 is below the industry median of 8.43.
The largest guru shareholder of the company is Ken Fisher (Trades, Portfolio) with 0.82% of outstanding shares, followed by Frank Sands (Trades, Portfolio) with 0.76%, Buffett with 0.46% and Segalas with 0.32%.
First Eagle curbed its Varian Medical Systems Inc. (VAR, Financial) position by 40.66%. The trade impacted the portfolio by -0.43%.
The manufacturer of medical devices for radiotherapy, radiosurgery and proton therapy has a market cap of $12.06 billion and an enterprise value of $11.45 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. The return on equity of 24.05% and return on assets of 11.14% are underperforming 58% of companies in the Global Medical Instruments and Supplies industry. Its financial strength is rated 9 out of 10 with no debt.
With 1.33% of outstanding shares, Simons’ firm is another notable guru shareholder of the company, followed by Pioneer Investments with 0.24%.
Disclosure: I do not own any stocks mentioned.
Read more here:
