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Flippin Bruce & Porter Inc Buys Norfolk Southern Corp, Sells Eli Lilly and Co

- By insider

Lynchburg, VA, based Investment company Flippin Bruce & Porter Inc buys Norfolk Southern Corp, sells Eli Lilly and Co during the 3-months ended 2019Q1, according to the most recent filings of the investment company, Flippin Bruce & Porter Inc. As of 2019Q1, Flippin Bruce & Porter Inc owns 78 stocks with a total value of $559 million. These are the details of the buys and sells.

  • New Purchases: NSC,
  • Added Positions: CCL, SLB, T, F, IBM, XOM, UPS, KO, JPM, PFE, AVGO, USB, TGT, RDS.B, BBT, DWDP, WSM, CVS, HSY, KEY, NUE, TPR, MRK, WFC, OXY, K, WU, PRU, EMR, D, PBCT, INTC, ETN, JWN, UTX, CVX, CMP, PSA, PPL, PEP, HPQ, KSS, FE, FDX, DVN,
  • Reduced Positions: AMGN, WMT, AAPL, HAL, BAC, VTR, BK, IR, TRV, COP, GE, CSX, VZ,
  • Sold Out: LLY,


For the details of FLIPPIN BRUCE & PORTER INC's stock buys and sells,
go to https://www.gurufocus.com/guru/flippin+bruce+%26+porter+inc/current-portfolio/portfolio

These are the top 5 holdings of FLIPPIN BRUCE & PORTER INC

  1. JPMorgan Chase & Co (JPM) - 181,099 shares, 3.28% of the total portfolio. Shares added by 2.05%
  2. International Business Machines Corp (IBM) - 125,899 shares, 3.18% of the total portfolio. Shares added by 2.88%
  3. Cisco Systems Inc (CSCO) - 324,721 shares, 3.14% of the total portfolio. Shares reduced by 0.73%
  4. Merck & Co Inc (MRK) - 197,632 shares, 2.94% of the total portfolio. Shares added by 1.38%
  5. Procter & Gamble Co (PG) - 140,080 shares, 2.61% of the total portfolio. Shares reduced by 0.62%

New Purchase: Norfolk Southern Corp (NSC)

Flippin Bruce & Porter Inc initiated holding in Norfolk Southern Corp. The purchase prices were between $144.02 and $186.89, with an estimated average price of $172.68. The stock is now traded at around $204.65. The impact to a portfolio due to this purchase was 0.04%. The holding were 1,125 shares as of .

Sold Out: Eli Lilly and Co (LLY)

Flippin Bruce & Porter Inc sold out a holding in Eli Lilly and Co. The sale prices were between $111.31 and $131.02, with an estimated average price of $121.44.



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