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Yacktman Focused Fund Sells Procter & Gamble, Exits Oracle

- By Tiziano Frateschi

Yacktman Focused Fund (Trades, Portfolio), the non-diversified investment firm, sold shares of the following stocks during the first quarter.


The fund's Twenty-First Century Fox Inc. (TFCF) holding was closed as the company divided and changed its shares. The trade had an impact of -15.21% on the portfolio.

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The media conglomerate has a market cap of $92.21 billion.


GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity of 63.30% and the return on assets of 24.69% are outperforming 79% of companies in the Media - Diversified industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 1.11 is above the industry median of 0.82

The company's largest guru shareholder is Yacktman Asset Management (Trades, Portfolio) with 1.16% of outstanding shares, followed by Seth Klarman (Trades, Portfolio)'s The Baupost Group with 0.92%, Dodge & Cox with 0.65% and Mario Gabelli (Trades, Portfolio)'s GAMCO Investors with 0.20%.

The fund sold 38.73% of its Oracle Corp. (ORCL) holding, impacting the portfolio by -2.39%.

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The provider of enterprise IT solutions has a market cap of 186.33 billion and an enterprise value of $202.98 billion.


GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity of 29.21% and return on assets of 8.60% are outperforming 51% of companies in the Software - Infrastructure industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.71 is far below the industry median of 5.23.


The company's largest guru shareholder is First Eagle Investment (Trades, Portfolio) with 1.0% of outstanding shares, followed by Barrow, Hanley, Mewhinney & Strauss with 0.79% and Ken Fisher (Trades, Portfolio) with 0.41%.


The Fund trimmed 17.21% off Procter & Gamble Co. (PG) holding, impacting the portfolio by -1.99%.

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The consumer product manufacturer has a market cap of $265.29 billion and an enterprise value of $288.20 billion.

GuruFocus gives the company a profitability and growth rating of 5 out of 10. The return on equity of 19.71% and return on assets of 8.83% are outperforming 78% of companies in the Household and Personal Products industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.36 is below the industry median of 0.49.

The company's largest guru shareholder is Yacktman Asset Management (Trades, Portfolio) with 0.49% of outstanding shares, followed by Fisher with 0.41% and Pioneer Investments (Trades, Portfolio) with 0.25%.

The fund exited 30.47% of its Cisco Systems Inc. (CSCO) holding, impacting the portfolio by -0.73%.

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The company, which provides data networking equipment and software, has a market cap of $248.27 billion and an enterprise value of $233.52 billion.


GuruFocus gives the company a profitability and growth rating of 8 out of 10. The return on equity of 24.80% and return on assets of 11.44% are underperforming 67% of companies in the Communication Equipment industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 1.58 is below the industry median of 2.


The company's largest guru shareholder is Dodge & Cox with 0.73% of outstanding shares, followed by Fisher with 0.62% and PRIMECAP Management (Trades, Portfolio) with 0.52%.

The Value Fund sold off Goldman Sachs Group Inc. (GS) holding, impacting the portfolio by -0.68%.

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The global investment banking firm has a market cap of $75.52 billion and an enterprise value of $242.26 billion.

GuruFocus gives the company a profitability and growth rating of 4 out of 10. The return on equity of 11.48% and return on assets of 1.10% are underperforming 68% of companies in the Capital Markets industry. Its financial strength is rated 4 out of 10. The cash-debt ratio of 0.46 is below the industry median of 5.11.

The company's largest guru shareholder is Warren Buffett (Trades, Portfolio)'s Berkshire Hathaway with 4.98% of outstanding shares, followed by Dodge & Cox with 2.90%, Hotchkis & Wiley with 0.80%, Spiros Segalas (Trades, Portfolio) with 0.48% and Richard Pzena (Trades, Portfolio) with 0.33%.

The fund sold 5.96% of its PepsiCo Inc. (PEP) holding, impacting the portfolio by -0.63%.

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The nonalcoholic beverages manufacturer has a market cap of $178.16 billion and an enterprise value of $201.57 billion.


GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity of 110.37% and return on assets of 15.98% are outperforming 57% of companies in the Beverages - Soft Drinks industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.28 is below the industry median of 0.73.


The company's largest guru shareholder is Pioneer Investments (Trades, Portfolio) with 0.74% of outstanding shares, followed by Yacktman Asset Management (Trades, Portfolio) with 0.55%

Disclosure: I do not own any stocks mentioned.

This article first appeared on GuruFocus.