Coho Partners, Ltd. buy 1, Se

Coho Partners, Ltd. recently filed its 13F report for the second quarter of 2022, which ended on 2022-06-30.

The 13F report details the stocks that were in a guru’s stock portfolio at the end of the quarter, although investors should note that these filings are limited in scope, containing only an overview of long stock positions. listed in the United States and American certificates of deposit at the end of the quarter. They are not required to include international holdings, short positions or other types of investments. Yet even this limited repository can provide valuable information.

Coho Partners, Ltd. is an investment management firm based in Berwyn, Pennsylvania. The company was originally started in 1999 by Peter A. Thompson, who is still with the company today as CIO and Treasurer, and has grown since its inception to now operate with 10 employees half of whom are investment professionals. Coho Partners conducts its research in-house, using fundamental and quantitative methodology to make investment decisions. The company invests in public equity markets in the United States, spreading its assets across a wide range of sectors and benchmarking its performance against the S&P 500 and Russell 1000 indices. Coho Partners invests the most in the healthcare sector, which alone represents alone more than a quarter of its total asset allocations, and also invests in consumer staples, which accounts for another fifth of its allocations, industrials, financials, consumer discretionary, energy, and sectors information technology, among other sectors to a lesser extent, in descending order of allocation. The company holds its allocations for more than 20 quarters on average, although Coho Partners only holds its top 10 allocations, which represent more than two-fifths of its total allocations, for an average of 3.8 quarters. During the last quarter, Coho Partners experienced a turnover rate of approximately 7%. Coho Partners manages over $2.5 billion in assets under management across 160 accounts, all of which are discretionary accounts. The company’s total number of accounts and total assets have grown in recent years, although its total number of accounts has fallen significantly in the last quarter from a previous high of 683 accounts, its total assets under management increasing considerably from less than a quarter of a billion in 2010 to more than 10 times that amount today. Coho Partners currently offers its Relative Value Equity Fund.

According to the latest 13F report, the guru’s stock portfolio contained 71 stocks valued at a total of $5.37 billion. Top holdings were DG (5.74%), SYY (5.31%) and CVS (4.81%).

According to data from GuruFocus, these were the top five deals for Coho Partners, Ltd. of the quarter.

The Walt Disney Co.

During the quarter, Coho Partners, Ltd. purchased 1,318,755 shares of NYSE:DIS for a total holding of 1,321,462. The transaction had a 2.33% impact on the equity portfolio. During the quarter, the stock traded at an average price of $111.41.

On 7/21/2022, The Walt Disney Co traded at a price of $104.18 per share and a market capitalization of $189.76 billion. The stock has returned -41.10% 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, The Walt Disney Co has a price/earnings ratio of 71.84, a price/book ratio of 2.04, an EV/EBITDA ratio of 21.46 and a price/sales ratio of 2. 48.

The GF price/value ratio is 0.67, giving the stock a GF value rank of 8.

UnitedHealth Group Inc.

Coho Partners, Ltd. reduced its investment in NYSE:UNH by 148,021 shares. The transaction had an impact of 1.24% on the equity portfolio. During the quarter, the stock traded at an average price of $502.32.

On 07/21/2022, UnitedHealth Group Inc traded at a price of $522.46 per share and a market capitalization of $490.16 billion. The stock has returned 27.45% over the past year.

GuruFocus gives the company a financial strength rating of 7 out of 10 and a profitability rating of 9 out of 10.

In terms of valuation, UnitedHealth Group Inc has a price/earnings ratio of 27.29, a price/book ratio of 6.44, a price/earnings/growth (PEG) ratio of 2.07, an EV/Ebitda ratio of 18.04 and a price-to-sales ratio of 1.65.

The GF price-to-value ratio is 1.22, giving the stock a GF value rank of 1.

Chevron Corporation

Coho Partners, Ltd. reduced its investment in NYSE:CVX by 244,232 shares. The transaction had an impact of 0.65% on the equity portfolio. During the quarter, the stock traded at an average price of $165.26.

On 7/21/2022, Chevron Corp traded at a price of $145.4 per share and a market capitalization of $285.68 billion. The stock has returned 51.19% over the past year.

GuruFocus gives the company a financial strength rating of 7 out of 10 and a profitability rating of 7 out of 10.

In terms of valuation, Chevron Corp has a price/earnings ratio of 13.67, a price/book ratio of 1.96, a price/earnings/growth (PEG) ratio of 2.91, an EV/Ebitda ratio of 6.51 and a price-to-sales ratio of 1.57.

The GF price/value ratio is 0.94, giving the stock a GF value rank of 6.

Sysco Corp.

Coho Partners, Ltd. reduced its investment in NYSE:SYY by 212,080 shares. The transaction had an impact of 0.28% on the equity portfolio. During the quarter, the stock traded at an average price of $83.73.

On 7/21/2022, Sysco Corp traded at a price of $86.92 per share and a market capitalization of $44.28 billion. The stock has returned 20.55% 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, Sysco Corp has a price/earnings ratio of 44.81, a price/book ratio of 33.43, an EV/Ebitda ratio of 18.04 and a price/sales ratio of 0.69.

The GF price/value ratio is 0.93, giving the stock a GF value rank of 6.

Dollar General Corp.

Coho Partners, Ltd. reduced its investment in NYSE:DG by 70,864 shares. The transaction had an impact of 0.26% on the equity portfolio. During the quarter, the stock traded at an average price of $233.26.

On 7/21/2022, Dollar General Corp traded at a price of $246.94 per share and a market capitalization of $56.05 billion. The stock has returned 11.00% 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, Dollar General Corp has a price/earnings ratio of 25.32, a price/book ratio of 9.41, a price/earnings/growth (PEG) ratio of 1.58, an EV/Ebitda ratio of 19.00 and a price-to-sales ratio of 1.66.

The GF price-to-value ratio is 1.02, giving the stock a GF value rank of 5.

Please note that figures and facts quoted are at the time of writing this article and may not reflect the latest business data or company announcements.

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