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Chris Davis Trims General Electric, Microsoft Positions

Chris Davis ( Trades , Portfolio ) , portfolio manager of investment management firm Davis Selected Advisers, sold shares of the following stocks during the first quarter. Warning! GuruFocus has detected 4 Warning Signs with GE. The conglomerate, which operates in oil and gas, power and renewable energy, has a market cap of $86.86 billion and an enterprise value of $142.20 billion. Read More...

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="- By Tiziano Frateschi

” data-reactid=”11″>- By Tiziano Frateschi

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Chris Davis ( Trades , Portfolio ) , portfolio manager of investment management firm Davis Selected Advisers, sold shares of the following stocks during the first quarter.” data-reactid=”12″>Chris Davis ( Trades , Portfolio ) , portfolio manager of investment management firm Davis Selected Advisers, sold shares of the following stocks during the first quarter.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="The investor reduced his General Electric Co. (GE) stake by 55.87%. The trade had an impact of -1.21% on the portfolio.” data-reactid=”19″>The investor reduced his General Electric Co. (GE) stake by 55.87%. The trade had an impact of -1.21% on the portfolio.

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<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="The conglomerate, which operates in oil and gas, power and renewable energy, has a market cap of $86.86 billion and an enterprise value of $142.20 billion.

GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity of -43.30% and return on assets of -5.38% are underperforming 95% of companies in the Diversified Industrials industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.68 is below the industry median of 0.88.” data-reactid=”33″>The conglomerate, which operates in oil and gas, power and renewable energy, has a market cap of $86.86 billion and an enterprise value of $142.20 billion.

GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity of -43.30% and return on assets of -5.38% are underperforming 95% of companies in the Diversified Industrials industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.68 is below the industry median of 0.88.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="The largest guru shareholder of the company is Barrow, Hanley, Mewhinney &amp; Strauss with 1.28% of outstanding shares, followed by Hotchkis &amp; Wiley with 1.02% and Richard Pzena (Trades, Portfolio) with 0.69%.” data-reactid=”34″>The largest guru shareholder of the company is Barrow, Hanley, Mewhinney & Strauss with 1.28% of outstanding shares, followed by Hotchkis & Wiley with 1.02% and Richard Pzena (Trades, Portfolio) with 0.69%.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="The guru curbed his Microsoft Corp. (MSFT) stake by 36.07%. The portfolio was impacted by -0.59%.” data-reactid=”35″>The guru curbed his Microsoft Corp. (MSFT) stake by 36.07%. The portfolio was impacted by -0.59%.

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<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="The software company has a market cap of $970.96 billion and an enterprise value of $912.44 billion.

GuruFocus gives the company a profitability and growth rating of 9 out of 10. The return on equity of 40.15% and return on assets of 13.60% are outperforming 85% of companies in the Software – Infrastructure industry. Its financial strength is rated 7 out of 10. The cash-debt ratio of 1.80 is below the industry median of 5.23.” data-reactid=”47″>The software company has a market cap of $970.96 billion and an enterprise value of $912.44 billion.

GuruFocus gives the company a profitability and growth rating of 9 out of 10. The return on equity of 40.15% and return on assets of 13.60% are outperforming 85% of companies in the Software – Infrastructure industry. Its financial strength is rated 7 out of 10. The cash-debt ratio of 1.80 is below the industry median of 5.23.

The company’s largest guru shareholder is PRIMECAP Management (Trades, Portfolio) with 0.49% of outstanding shares, followed by Dodge & Cox with 0.41% and Ken Fisher (Trades, Portfolio) with 0.26%.

Davis closed his position in the iShares S&P 500 Value (IVE) exchange-traded fund, impacting the portfolio by -0.29%.

f37f85b0-7c9d-11e9-a6a5-5db7c9d70a3d.png

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="The guru trimmed 4.37% off his Amazon.com Inc. (AMZN) position, impacting the portfolio by -0.26%.” data-reactid=”61″>The guru trimmed 4.37% off his Amazon.com Inc. (AMZN) position, impacting the portfolio by -0.26%.

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The e-commerce giant has a market cap of $914.52 billion and an enterprise value of $934.09 billion.

GuruFocus gives the company a profitability and growth rating of 8 out of 10. The return on equity of 30.39% and return on assets of 8.06% are outperforming 64% of companies in the Specialty Retail industry. Its financial strength is rated 7 out of 10. The cash-debt ratio of 0.65 is below the industry median of 0.99.

Fisher is the largest guru shareholder of the company with 0.34% of outstanding shares, followed by Frank Sands (Trades, Portfolio) with 0.27% and Spiros Segalas (Trades, Portfolio) with 0.14%.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="The Alphabet Inc. (GOOG) holding was reduced by 3.85%. The portfolio was impacted by -0.23%.” data-reactid=”76″>The Alphabet Inc. (GOOG) holding was reduced by 3.85%. The portfolio was impacted by -0.23%.

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<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Google's parent company has a market cap of $799.79 billion and an enterprise value of $690.37 billion.

GuruFocus gives the company a profitability and growth rating of 9 out of 10. The return on equity of 16.39% and return on assets of 12.52% are outperforming 56% of companies in the Internet Content and Information industry. Its financial strength is rated 9 out of 10. The cash-debt ratio of 27.91 is above the industry median of 7.46.

The company’s largest guru shareholder is Dodge &amp; Cox with 0.44% of outstanding shares, followed by PRIMECAP Management with 0.31% and Davis with 0.14%.” data-reactid=”92″>Google’s parent company has a market cap of $799.79 billion and an enterprise value of $690.37 billion.

GuruFocus gives the company a profitability and growth rating of 9 out of 10. The return on equity of 16.39% and return on assets of 12.52% are outperforming 56% of companies in the Internet Content and Information industry. Its financial strength is rated 9 out of 10. The cash-debt ratio of 27.91 is above the industry median of 7.46.

The company’s largest guru shareholder is Dodge & Cox with 0.44% of outstanding shares, followed by PRIMECAP Management with 0.31% and Davis with 0.14%.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Davis sold his Oaktree Capital Group LLC (OAK) position. The trade had an impact of -0.22% on the portfolio.” data-reactid=”93″>Davis sold his Oaktree Capital Group LLC (OAK) position. The trade had an impact of -0.22% on the portfolio.

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The invesment management company has a market cap of $7.78 billion and an enterprise value of $14.23 billion.

GuruFocus gives the company a profitability and growth rating of 4 out of 10. The return on equity of 16.52% and return on assets of 2.31% are outperforming 52% of companies in the Asset Management industry. Its financial strength was rated 4 out of 10. The cash-debt ratio of 0.14 was below the industry median of 480.

Ron Baron (Trades, Portfolio) is the largest guru shareholder of the company with 1.17% of outstanding shares, followed by Tom Gayner (Trades, Portfolio) with 0.68% and John Rogers (Trades, Portfolio) with 0.49%.

Disclosure: I do not own any stocks mentioned.

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<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="This article first appeared on GuruFocus.
” data-reactid=”116″>This article first appeared on GuruFocus.

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