The Procter & Gamble Company (PG) Q1 2019 Results Earnings Call Transcript

- By Tiziano Frateschi

Yacktman Focused Fund (Trades, Portfolio), the non-diversified investment firm, sold shares of the following stocks during the first quarter.

TFCF) holding was closed as the company divided and changed its shares. The trade had an impact of -15.21% on the portfolio." data-reactid="19">The fund's Twenty-First Century Fox Inc. (TFCF) holding was closed as the company divided and changed its shares. The trade had an impact of -15.21% on the portfolio.

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The media conglomerate has a market cap of $92.21 billion.

GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity of 63.30% and the return on assets of 24.69% are outperforming 79% of companies in the Media - Diversified industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 1.11 is above the industry median of 0.82

Yacktman Asset Management (Trades, Portfolio) with 1.16% of outstanding shares, followed by Seth Klarman (Trades, Portfolio)'s The Baupost Group with 0.92%, Dodge & Cox with 0.65% and Mario Gabelli (Trades, Portfolio)'s GAMCO Investors with 0.20%." data-reactid="34">The company's largest guru shareholder is Yacktman Asset Management (Trades, Portfolio) with 1.16% of outstanding shares, followed by Seth Klarman (Trades, Portfolio)'s The Baupost Group with 0.92%, Dodge & Cox with 0.65% and Mario Gabelli (Trades, Portfolio)'s GAMCO Investors with 0.20%.

The fund sold 38.73% of its Oracle Corp. (ORCL) holding, impacting the portfolio by -2.39%.

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The provider of enterprise IT solutions has a market cap of 186.33 billion and an enterprise value of $202.98 billion.

GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity of 29.21% and return on assets of 8.60% are outperforming 51% of companies in the Software - Infrastructure industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.71 is far below the industry median of 5.23.

The company's largest guru shareholder is First Eagle Investment (Trades, Portfolio) with 1.0% of outstanding shares, followed by Barrow, Hanley, Mewhinney & Strauss with 0.79% and Ken Fisher (Trades, Portfolio) with 0.41%.

The Fund trimmed 17.21% off Procter & Gamble Co. (PG) holding, impacting the portfolio by -1.99%.

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The consumer product manufacturer has a market cap of $265.29 billion and an enterprise value of $288.20 billion.

GuruFocus gives the company a profitability and growth rating of 5 out of 10. The return on equity of 19.71% and return on assets of 8.83% 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 0.36 is below the industry median of 0.49.

The company's largest guru shareholder is Yacktman Asset Management (Trades, Portfolio) with 0.49% of outstanding shares, followed by Fisher with 0.41% and Pioneer Investments (Trades, Portfolio) with 0.25%.

The fund exited 30.47% of its Cisco Systems Inc. (CSCO) holding, impacting the portfolio by -0.73%.

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The company, which provides data networking equipment and software, has a market cap of $248.27 billion and an enterprise value of $233.52 billion.

GuruFocus gives the company a profitability and growth rating of 8 out of 10. The return on equity of 24.80% and return on assets of 11.44% are underperforming 67% of companies in the Communication Equipment industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 1.58 is below the industry median of 2.

The company's largest guru shareholder is Dodge & Cox with 0.73% of outstanding shares, followed by Fisher with 0.62% and PRIMECAP Management (Trades, Portfolio) with 0.52%.

The Value Fund sold off Goldman Sachs Group Inc. (GS) holding, impacting the portfolio by -0.68%.

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The global investment banking firm has a market cap of $75.52 billion and an enterprise value of $242.26 billion.

GuruFocus gives the company a profitability and growth rating of 4 out of 10. The return on equity of 11.48% and return on assets of 1.10% are underperforming 68% of companies in the Capital Markets industry. Its financial strength is rated 4 out of 10. The cash-debt ratio of 0.46 is below the industry median of 5.11.

The company's largest guru shareholder is Warren Buffett (Trades, Portfolio)'s Berkshire Hathaway with 4.98% of outstanding shares, followed by Dodge & Cox with 2.90%, Hotchkis & Wiley with 0.80%, Spiros Segalas (Trades, Portfolio) with 0.48% and Richard Pzena (Trades, Portfolio) with 0.33%.

The fund sold 5.96% of its PepsiCo Inc. (PEP) holding, impacting the portfolio by -0.63%.

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The nonalcoholic beverages manufacturer has a market cap of $178.16 billion and an enterprise value of $201.57 billion.

GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity of 110.37% and return on assets of 15.98% are outperforming 57% of companies in the Beverages - Soft Drinks industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.28 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%

Disclosure: I do not own any stocks mentioned.

This article first appeared on GuruFocus.

Source : https://finance.yahoo.com/news/yacktman-focused-fund-sells-procter-165546829.html

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