Guru Ken Fisher (Trades, Portfolio), who leads Fisher Asset Management, sold shares of the following stocks during the first quarter.
The investor reduced his PepsiCo Inc. PEP holding by 96.66%. The trade had an impact of -1.01% on the portfolio.
The company, which manufactures soft drink and snacks, has a market cap of $177.60 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity of 104.88% and return on assets of 16.24% are outperforming 57% of companies in the Beverages - Soft Drinks industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.17 is below the industry median of 0.73.
The company's largest guru shareholder is Pioneer Investments (Trades, Portfolio) with 0.74% of outstanding shares, followed by Yacktman Asset Management (Trades, Portfolio) with 0.55% and Jim Simons (Trades, Portfolio)’ Renaissance Technologies with 0.52%.
The guru trimmed his Procter & Gamble Co. PG stake by 51.73%, impacting the portfolio by -0.67%.
The consumer products manufacturer has a market cap of $262.82 billion and an enterprise value of $284.68 billion.
GuruFocus gives the company a profitability and growth rating of 5 out of 10. The return on equity of 20.09% and return on assets of 9.09% are outperforming 78% of companies in the Household and Personal Products industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.33 is below the industry median of 0.49.
The company's largest guru shareholder is Yacktman Asset Management with 0.49% of outstanding shares, followed by Pioneer Investments with 0.25%, the Yacktman Fund (Trades, Portfolio) with 0.22% and Fisher with 0.20%.
Fisher curbed his Unilever NV UN position by 77.86%, impacting the portfolio by -0.24%.
The company has a market cap of $155.65 billion and an enterprise value of $178.68 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. The return on equity of 76.57% and return on assets of 15.40% are outperforming 90% of companies in the Household and Personal Products industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.16 is below the industry median of 0.49.
The company's largest guru shareholder is Tom Russo (Trades, Portfolio) with 0.55% of outstanding shares, followed by Fisher with 0.04% and Tweedy Browne (Trades, Portfolio) with 0.02%.
The guru exited his Grupo Televisa SAB TV stake, impacting the portfolio by -0.16%.
The media company has a market cap of $6.23 billion and an enterprise value of $11.74 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. The return on equity of 6.80% and return on assets of 2.05% are outperforming 51% of companies in the Broadcasting - TV industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.26 is below the industry median of 0.82.
The company's largest guru shareholder is Dodge & Cox with 9.44% of outstanding shares, followed by David Herro (Trades, Portfolio) with 4.65% and Bill Gates (Trades, Portfolio)' foundation with 2.90%.
The investor reduced his Reckitt Benckiser Group PLC RBGLY holding by 78.96%, impacting the portfolio by -0.12%.
The consumer goods manufacturer has a market cap of $56.69 billion and an enterprise value of $70.33 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. The return on equity of 15.43% and return on assets of 5.82% are outperforming 92% of companies in the Household and Personal Products industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.13 is below the industry median of 0.49.
The company's largest guru shareholder is Fisher with 0.04% of outstanding shares.
Fisher divested of his position in Finisar Corp. FNSR, impacting the portfolio by -0.11%.
The company, which provides fiber optic modules and components, has a market cap of $2.82 billion and an enterprise value of $2.41 billion.
GuruFocus gives the company a profitability and growth rating of 5 out of 10. The return on equity of -3.55% and return on assets of -2.25% are outperforming 56% of companies in the Communication Equipment industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 1.80 is below the industry median of 2.0.
The company's largest guru shareholder is Chuck Royce (Trades, Portfolio) with 0.59% of outstanding shares, followed by Simons’ firm with 0.01%
Disclosure: I do not own any stocks mentioned.
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