KBC Group NV 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.
KBC Group NV is a universal bank based out of Belgium. KBC Group NV, which stands for Kredietbank ABB Insurance CERA Group, is the second largest bancassurer in Belgium and 18th largest bank in Europe and can trace its history back to Volksbank van Leuven and Bremer Vorschussverein, both founded in 1889. The current bank was created out of a merger between two Belgian banks, the Kredietbank and CERA Bank, and a Belgian insurance company, the ABB, creating the KBC Bank and Insurance Holding Company. The group company would begin acting on its expansion policy a year later, acquiring the ?SOB. The company would continue to grow and expand through various acquisitions, merging with a variety of banks and insurance companies in Poland, Hungary, the Czech Republic and Slovakia. The KBC Bank and Insurance Holding Company would merge with its parent company Almanij to create the current KBC Group NV in 2005. The newly merged group company would restructure its company and create five major business units: Belgium, Central & Eastern Europe and Russia, Merchant Banking, European Private Banking and Shared Services & Operations, each with its own separate management and objectives. KBC Group NV would continue to expand its presence in Europe, acquiring various companies in Bulgaria, Romania and Serbia and establishing a presence in the Russian banking market in 2007. The company would then begin its divestment program in 2010 and restructure itself in 2012, creating four main business units, Belgium, Czech Republic, International Markets, and International Product Factories, and various support units, CFO Services, CRO Services, Corporate Staff, and Corporate Change and Support. KBC Group NV’s assets are allocated across a variety of sectors including information technology, finance, consumer discretionary, health care, consumer staples, industrials, energy, and utilities and telecommunications, among others, in order of decreasing allocation.
As of the latest 13F report, the guru’s equity portfolio contained 1481 stocks valued at a total of $19.12Bil. The top holdings were AAPL(5.76%), MSFT(5.66%), and GOOG(2.34%).
According to GuruFocus data, these were KBC Group NV’s top five trades of the quarter.
Atlassian Corp
The guru established a new position worth 9,288 shares in NAS:TEAM, giving the stock a 0.01% weight in the equity portfolio. Shares traded for an average price of $159.19 during the quarter.
On 02/15/2023, Atlassian Corp traded for a price of $181.87 per share and a market cap of $46.61Bil. The stock has returned -43.21% over the past year.
GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 5 out of 10.
In terms of valuation, Atlassian Corp has a price-book ratio of 80.83, a EV-to-Ebitda ratio of -421.80 and a price-sales ratio of 13.95.
The price-to-GF Value ratio is 0.48, earning the stock a GF Value rank of 4.
Copart Inc
KBC Group NV reduced their investment in NAS:CPRT by 14,106 shares. The trade had a 0.01% impact on the equity portfolio. During the quarter, the stock traded for an average price of $59.87.
On 02/15/2023, Copart Inc traded for a price of $69.28 per share and a market cap of $33.00Bil. The stock has returned 12.90% over the past year.
GuruFocus gives the company a financial strength rating of 9 out of 10 and a profitability rating of 10 out of 10.
In terms of valuation, Copart Inc has a price-earnings ratio of 31.00, a price-book ratio of 6.80, a price-earnings-to-growth (PEG) ratio of 1.34, a EV-to-Ebitda ratio of 21.13 and a price-sales ratio of 9.33.
The price-to-GF Value ratio is 0.84, earning the stock a GF Value rank of 9.
Atlassian Corp
The guru sold out of their 9,288-share investment in FRA:48D. Previously, the stock had a 0.01% weight in the equity portfolio. Shares traded for an average price of €155.2 during the quarter.
On 02/15/2023, Atlassian Corp traded for a price of €161.5 per share and a market cap of €45.17Bil. The stock has returned -42.83% over the past year.
GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 5 out of 10.
In terms of valuation, Atlassian Corp has a price-book ratio of 77.92, a EV-to-Ebitda ratio of -421.80 and a price-sales ratio of 14.07.
The price-to-GF Value ratio is 0.47, earning the stock a GF Value rank of 4.
U-Haul Holding Co
KBC Group NV reduced their investment in NYSE:UHAL by 5,670 shares. The trade had a 0% impact on the equity portfolio. During the quarter, the stock traded for an average price of $57.53.
On 02/15/2023, U-Haul Holding Co traded for a price of $64.98999999999999 per share and a market cap of $11.43Bil. The stock has returned 12.77% 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, U-Haul Holding Co has a price-earnings ratio of 18.22, a price-book ratio of 1.99, a price-earnings-to-growth (PEG) ratio of 1.56, a EV-to-Ebitda ratio of 7.00 and a price-sales ratio of 2.20.
The price-to-GF Value ratio is 1.06, earning the stock a GF Value rank of 5.
Bio-Techne Corp
KBC Group NV reduced their investment in NAS:TECH by 7,545 shares. The trade had a 0% impact on the equity portfolio. During the quarter, the stock traded for an average price of $79.42.
On 02/15/2023, Bio-Techne Corp traded for a price of $77 per share and a market cap of $12.11Bil. The stock has returned -25.23% over the past year.
GuruFocus gives the company a financial strength rating of 8 out of 10 and a profitability rating of 9 out of 10.
In terms of valuation, Bio-Techne Corp has a price-earnings ratio of 47.80, a price-book ratio of 6.62, a price-earnings-to-growth (PEG) ratio of 3.27, a EV-to-Ebitda ratio of 28.17 and a price-sales ratio of 11.18.
The price-to-GF Value ratio is 0.75, 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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