U.S. Markets close in 21 mins

Warren Buffett's Berkshire Buys Teva, Apple and Slashes IBM

- By Holly LaFon

Warren Buffett (Trades, Portfolio)'s portfolio reveal Thursday showed that investment managers at his company bought shares of Teva Pharmaceuticals Industries (TEVA), Monsanto Co. (MON) and Apple (AAPL) in the fourth quarter. The new filing also showed that Buffett nearly ended his stake in IBM Corp. (IBM).


Buys

Teva Pharmaceutical Industries Ltd.

Berkshire Hathaway acquired 18,875,721 shares of a new stake in Teva Pharmaceuticals, which had a fourth-quarter average price of $15 per share. The holding represented 0.19% of the portfolio.

Teva Pharmaceutical Industries Ltd. has a market cap of $19.87 billion; its shares were traded around $19.33 Wednesday with and P/S ratio of 0.89. The trailing 12-month dividend yield of Teva Pharmaceutical Industries Ltd. stocks is 4.40%.

Monsanto Co.

Berkshire boosted its stake in Monstanto Co. by 2,835,278, representing 31.95% of the portfolio. At quarter-end, Berkshire's stake totaled 11,708,747 shares of Monsanto, representing 0.71% of the portfolio.

Monsanto Co. has a market cap of $52.98 billion; its shares were traded around $120.18 Wednesday with a P/E ratio of 22.26 and P/S ratio of 3.64. The trailing 12-month dividend yield of Monsanto Co. stocks is 1.81%. The forward dividend yield of Monsanto Co. stocks is 1.80%. Monsanto Co had an annual average earnings growth of 7.5% over the past 10 years. GuruFocus rated Monsanto Co. the business predictability rank of 3-star.

Apple

Berkshire increased its stake in Apple by 23.2%, buying 31,241,180 shares for a total of 165,333,962 shares. The stake represented 14.6% of the portfolio. Apple's fourth-quarter share price averaged $167.

Apple Inc. has a market cap of $849.24 billion; its shares were traded around $167.37 Wednesday with a P/E ratio of 17.20 and P/S ratio of 3.63. The trailing 12-month dividend yield of Apple Inc. stocks is 1.49%. The forward dividend yield of Apple Inc. stocks is 1.53%. Apple Inc. had an annual average earnings growth of 34.6% over the past 10 years. GuruFocus rated Apple Inc. the business predictability rank of 2.5-star.

Sale

IBM Corp.

Buffett reduced 94.5% of his holding of IBM, selling 34,978,653 shares and retaining 2,048,045 shares. Shares of IBM traded for $152 on average in the fourth quarter.

IBM Corp. has a market cap of $143.28 billion; its shares were traded around $154.76 with a P/E ratio of 25.32 and P/S ratio of 1.80. The trailing 12-month dividend yield of IBM Corp. stocks is 3.87%. The forward dividend yield of IBM Corp. stocks is 3.98%. IBM Corp. had an annual average earnings growth of 2.4% over the past 10 years.

See Warren Buffett (Trades, Portfolio)'s portfolio here.
This article first appeared on GuruFocus.