Berkshire Hathaway shares have had a positive week with a relatively unremarkable shift of 1.5%, when the engine of growth was the certain development of the Apple share reaching new historical highs. The title is the main part of the portfolio. Whether Berkshire Hathaway made any transactions on the title in the past quarter, we will find out in the mandatory reports on the status of the portfolio in mid-August at the earliest. According to the latest results, put it on 31.3. the group controlled 915.5 million Apple shares as the largest owner. At their record breaking price of USD 193.97, we could talk about ownership behind it of USD 177.6 billion. Berkshire Hathaway (BRK-A)’s daily high of the share price was not less than the maximum of USD 517,810. From znmch companies this most expensive stock on Wall Street is worth K 11.3 million at the current price. As Warren Buffett declared in the past, the title bag and the dog never want to split (don’t melt) the high price. In fact, thanks to this, he was a long-term investor.
Berkshire Hathaway (BRK-A) stock performance over the past 2 years (weekly chart)
As can be seen from the graph, the shares of Berkshire Hathaway (BRK-A) recorded their all-time high last year in March, when they were traded for more than 544 thousand. USD. The next bag from them was a huge hit, last June it could be bought for less than 400,000. USD. At that time, the first such negative development of the Apple stock was played. Technically, the shares of Berkshire Hathaway actually made a double bottom in the fall and began to gradually open a new light.
Buffett’s conglomerate received so many dividends last month. Long-term titles in the portfolio such as Coca-Cola (KO) and Kraft Heinz (KHZ), as well as Occidental Petroleum (OXY) broke on the decisive date. The last mentioned title can probably be considered a relatively new and serious work of Buffett. The real beauty of the new position in this oil and gas company is not enough. Berkshire Hathaway in firm nov controls it by more than a quarter and thus consolidates its position in the first share.
In a week, a public regulatory filing showed that the group had embarked on further acquisitions after less than a month. It took advantage of the decline in the price of the title, which was associated with the drop in oil prices. From Monday to Wednesday (June 26-28), Berkshire Hathaway bought a total of 2.138 million shares of Occidental Petroleum (OXY) in the price range of approximately USD 56.50 and USD 57.25. The acronym invested another USD 122.1 million. Therefore, it owns 224.1 million shares of Occidental Petroleum (OXY). Given the price return of the title of USD 58.80, it can be valued at USD 13.2 billion. In current terms, that means K287 billion.
The performance of Occidental Petroleum (OXY) over the past year
As can be seen from the graph, OXY’s shares cannot be sold this year. You lose roughly a quarter of your value from the lows.
Business pitom raised its quarterly dividend from $0.13 to $0.18 this year.
It can be said that on May 6, Warren Buffett visited the Berkshire Hathaway oil company and praised its leadership. In particular, Buffett stated that Berkshire does not have full control over the company. He said, “We’re not going to buy control,” adding, “We have the right management to give it.”
For a small investment by a member of Berkshire Hathaway, cheaper shares of class B are available. They closed at USD 341 for the week, i.e. at a value of about 7,400 K.
Ji Zendulka
In the field of finance, Ji Zendulka has been active since the purchase of privatization, so she has been active for 30 years. He worked in various positions at a trading company with valuable peppers, in order to subsequently establish himself as an analyst. He presents the long-term vision of the world in social media. It professes the traditional values of capitalism, or on the contrary, he is a critic of non-standard interventions in the economy by governments and central banks.
2023-07-01 18:03:04
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