Pettee Investors, Inc. 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.
46 CLEARVIEW LANE NEW CANAAN, CT 06840
As of the latest 13F report, the guru’s equity portfolio contained 116 stocks valued at a total of $204.00Mil. The top holdings were JNJ(8.42%), JPM(4.65%), and PFE(3.35%).
According to GuruFocus data, these were Pettee Investors, Inc.’s top five trades of the quarter.
American Tower Corp
The guru sold out of their 5,440-share investment in NYSE:AMT. Previously, the stock had a 0.63% weight in the equity portfolio. Shares traded for an average price of $208.14 during the quarter.
On 01/25/2023, American Tower Corp traded for a price of $217.975 per share and a market cap of $101.49Bil. The stock has returned -11.06% over the past year.
GuruFocus gives the company a financial strength rating of 3 out of 10 and a profitability rating of 9 out of 10.
In terms of valuation, American Tower Corp has a price-earnings ratio of 34.60, a price-book ratio of 16.16, a price-earnings-to-growth (PEG) ratio of 3.60, a EV-to-Ebitda ratio of 20.03 and a price-sales ratio of 9.58.
The price-to-GF Value ratio is 0.72, earning the stock a GF Value rank of 10.
Zimmer Biomet Holdings Inc
Pettee Investors, Inc. reduced their investment in NYSE:ZBH by 7,000 shares. The trade had a 0.39% impact on the equity portfolio. During the quarter, the stock traded for an average price of $116.05.
On 01/25/2023, Zimmer Biomet Holdings Inc traded for a price of $124.89 per share and a market cap of $26.21Bil. The stock has returned 7.26% 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, Zimmer Biomet Holdings Inc has a price-earnings ratio of 94.61, a price-book ratio of 2.14, a EV-to-Ebitda ratio of 20.47 and a price-sales ratio of 3.33.
The price-to-GF Value ratio is 1.04, earning the stock a GF Value rank of 5.
Invitation Homes Inc
The guru sold out of their 21,400-share investment in NYSE:INVH. Previously, the stock had a 0.39% weight in the equity portfolio. Shares traded for an average price of $31.7 during the quarter.
On 01/25/2023, Invitation Homes Inc traded for a price of $31.99 per share and a market cap of $19.56Bil. The stock has returned -20.24% 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, Invitation Homes Inc has a price-earnings ratio of 55.16, a price-book ratio of 1.90, a price-earnings-to-growth (PEG) ratio of 7.45, a EV-to-Ebitda ratio of 20.92 and a price-sales ratio of 8.94.
The price-to-GF Value ratio is 0.90, earning the stock a GF Value rank of 7.
First American Financial Corp
Pettee Investors, Inc. reduced their investment in NYSE:FAF by 13,150 shares. The trade had a 0.32% impact on the equity portfolio. During the quarter, the stock traded for an average price of $50.67.
On 01/25/2023, First American Financial Corp traded for a price of $60.7 per share and a market cap of $6.28Bil. The stock has returned -14.51% over the past year.
GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, First American Financial Corp has a price-earnings ratio of 14.32, a price-book ratio of 1.40, a price-earnings-to-growth (PEG) ratio of 0.58, a EV-to-Ebitda ratio of 7.28 and a price-sales ratio of 0.80.
The price-to-GF Value ratio is 0.87, earning the stock a GF Value rank of 7.
Jacobs Solutions Inc
Pettee Investors, Inc. reduced their investment in NYSE:J by 5,000 shares. The trade had a 0.29% impact on the equity portfolio. During the quarter, the stock traded for an average price of $118.72.
On 01/25/2023, Jacobs Solutions Inc traded for a price of $122.31 per share and a market cap of $15.49Bil. The stock has returned -4.32% over the past year.
GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, Jacobs Solutions Inc has a price-earnings ratio of 24.56, a price-book ratio of 2.57, a price-earnings-to-growth (PEG) ratio of 1.01, a EV-to-Ebitda ratio of 14.38 and a price-sales ratio of 1.05.
The price-to-GF Value ratio is 0.96, earning the stock a GF Value rank of 6.
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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