Somerset Trust Co recently filed their 13F report for the fourth quarter of 2022, which ended on 2022-12-31.
The 13F report details which stocks were in a guru’s equity portfolio at the end of the quarter, though investors should note that these filings are limited in scope, containing only a snapshot of long positions in U.S.-listed stocks and American depository receipts as of the quarter’s end. They are not required to include international holdings, short positions or other types of investments. Still, even this limited filing can provide valuable information.
131 N CENTER AVENUE - PO BOX 1330 SOMERSET, PA 15501
As of the latest 13F report, the guru’s equity portfolio contained 146 stocks valued at a total of $238.00Mil. The top holdings were MSFT(4.60%), AAPL(3.75%), and NEE(3.16%).
According to GuruFocus data, these were Somerset Trust Co’s top five trades of the quarter.
3M Co
The guru sold out of their 20,105-share investment in NYSE:MMM. Previously, the stock had a 1.14% weight in the equity portfolio. Shares traded for an average price of $131.19 during the quarter.
On 01/03/2023, 3M Co traded for a price of $122.47 per share and a market cap of $67.69Bil. The stock has returned -27.74% over the past year.
GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 9 out of 10.
In terms of valuation, 3M Co has a price-earnings ratio of 10.67, a price-book ratio of 4.81, a price-earnings-to-growth (PEG) ratio of 5.08, a EV-to-Ebitda ratio of 8.17 and a price-sales ratio of 2.03.
The price-to-GF Value ratio is 0.69, earning the stock a GF Value rank of 10.
Berkshire Hathaway Inc
During the quarter, Somerset Trust Co bought 1,500 shares of NYSE:BRK.B for a total holding of 2,471. The trade had a 0.19% impact on the equity portfolio. During the quarter, the stock traded for an average price of $284.56.
On 01/03/2023, Berkshire Hathaway Inc traded for a price of $309.91 per share and a market cap of $684.14Bil. The stock has returned 3.03% over the past year.
GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 7 out of 10.
In terms of valuation, Berkshire Hathaway Inc has a price-book ratio of 1.51, a EV-to-Ebitda ratio of 68.85 and a price-sales ratio of 2.71.
The price-to-GF Value ratio is 1.15, earning the stock a GF Value rank of 3.
Berkshire Hathaway Inc
Somerset Trust Co reduced their investment in NYSE:BRK.A by 1 shares. The trade had a 0.18% impact on the equity portfolio. During the quarter, the stock traded for an average price of $428128.
On 01/03/2023, Berkshire Hathaway Inc traded for a price of $469525 per share and a market cap of $683.10Bil. The stock has returned 3.35% over the past year.
GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 7 out of 10.
In terms of valuation, Berkshire Hathaway Inc has a price-book ratio of 1.51, a EV-to-Ebitda ratio of 68.87 and a price-sales ratio of 2.74.
The price-to-GF Value ratio is 1.15, earning the stock a GF Value rank of 3.
JPMorgan Equity Premium Income ETF
The guru established a new position worth 6,167 shares in ARCA:JEPI, giving the stock a 0.15% weight in the equity portfolio. Shares traded for an average price of $55.12 during the quarter.
On 01/03/2023, JPMorgan Equity Premium Income ETF traded for a price of $54.47 per share and a market cap of $17.40Bil. The stock has returned -4.10% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, JPMorgan Equity Premium Income ETF has a price-earnings ratio of 23.49 and a price-book ratio of 4.38.
FedEx Corp
The guru sold out of their 1,252-share investment in NYSE:FDX. Previously, the stock had a 0.12% weight in the equity portfolio. Shares traded for an average price of $211.05 during the quarter.
On 01/03/2023, FedEx Corp traded for a price of $177.27 per share and a market cap of $44.74Bil. The stock has returned -29.81% over the past year.
GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 9 out of 10.
In terms of valuation, FedEx Corp has a price-earnings ratio of 13.93, a price-book ratio of 1.86, a price-earnings-to-growth (PEG) ratio of 2.11, a EV-to-Ebitda ratio of 8.58 and a price-sales ratio of 0.49.
The price-to-GF Value ratio is 0.69, earning the stock a GF Value rank of 10.
Please note, the numbers and facts quoted are as of the writing of this article and may not factor in the latest trading data or company announcements.
When GuruFocus covers insider information, we only track open market or the private purchase and sale of common stock with the transaction code of P or S. Therefore, all the transactions mentioned in this article are only the ones with transaction code of P or S.
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