Verity & Verity, LLC 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.
Po Box 1086 Beaufort, SC 29901
As of the latest 13F report, the guru’s equity portfolio contained 125 stocks valued at a total of $766.00Mil. The top holdings were GILD(3.54%), RTX(3.04%), and JPM(3.02%).
According to GuruFocus data, these were Verity & Verity, LLC’s top five trades of the quarter.
Intel Corp
Verity & Verity, LLC reduced their investment in NAS:INTC by 121,884 shares. The trade had a 0.69% impact on the equity portfolio. During the quarter, the stock traded for an average price of $34.09.
On 01/12/2023, Intel Corp traded for a price of $29.85 per share and a market cap of $123.19Bil. The stock has returned -44.44% 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, Intel Corp has a price-earnings ratio of 9.18, a price-book ratio of 1.23, a price-earnings-to-growth (PEG) ratio of 0.67, a EV-to-Ebitda ratio of 5.15 and a price-sales ratio of 1.76.
The price-to-GF Value ratio is 0.68, earning the stock a GF Value rank of 10.
3M Co
Verity & Verity, LLC reduced their investment in NYSE:MMM by 21,613 shares. The trade had a 0.43% impact on the equity portfolio. During the quarter, the stock traded for an average price of $131.19.
On 01/12/2023, 3M Co traded for a price of $129.12 per share and a market cap of $71.37Bil. The stock has returned -24.65% 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 11.25, a price-book ratio of 5.07, a price-earnings-to-growth (PEG) ratio of 5.36, a EV-to-Ebitda ratio of 8.64 and a price-sales ratio of 2.13.
The price-to-GF Value ratio is 0.72, earning the stock a GF Value rank of 10.
VF Corp
During the quarter, Verity & Verity, LLC bought 82,475 shares of NYSE:VFC for a total holding of 118,536. The trade had a 0.4% impact on the equity portfolio. During the quarter, the stock traded for an average price of $43.14.
On 01/12/2023, VF Corp traded for a price of $30.18 per share and a market cap of $11.73Bil. The stock has returned -55.15% over the past year.
GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 6 out of 10.
In terms of valuation, VF Corp has a price-earnings ratio of 27.94, a price-book ratio of 3.80, a EV-to-Ebitda ratio of 17.95 and a price-sales ratio of 0.99.
The price-to-GF Value ratio is 0.36, earning the stock a GF Value rank of 4.
Broadcom Inc
During the quarter, Verity & Verity, LLC bought 5,643 shares of NAS:AVGO for a total holding of 35,584. The trade had a 0.4% impact on the equity portfolio. During the quarter, the stock traded for an average price of $510.87.
On 01/12/2023, Broadcom Inc traded for a price of $578.14 per share and a market cap of $241.60Bil. The stock has returned -4.87% 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, Broadcom Inc has a price-earnings ratio of 21.87, a price-book ratio of 10.64, a price-earnings-to-growth (PEG) ratio of 1.06, a EV-to-Ebitda ratio of 13.99 and a price-sales ratio of 7.48.
The price-to-GF Value ratio is 0.94, earning the stock a GF Value rank of 6.
SPDR Retail ETF
Verity & Verity, LLC reduced their investment in ARCA:XRT by 44,477 shares. The trade had a 0.4% impact on the equity portfolio. During the quarter, the stock traded for an average price of $63.58.
On 01/12/2023, SPDR Retail ETF traded for a price of $65.43 per share and a market cap of $359.88Mil. The stock has returned -23.63% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, SPDR Retail ETF has a price-earnings ratio of 11.44 and a price-book ratio of 2.55.
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.
Want to provide feedback on this article? Have questions or concerns? Get in touch with us here, or email us at [email protected]!
This article is general in nature and does not represent the opinions of GuruFocus or any of its affiliates. This article is not intended to be financial advice, nor does it constitute investment advice or recommendations. It was written without regard to your individual situation or financial goals. We aim to bring you fundamental, data-driven analysis, The information on this site is in no way guaranteed for completeness, accuracy or in any other way.
