Jul 26, 2017 – Cubic Asset Management, LLC Buys Berkshire Hathaway Inc, II-VI Inc, Foot Locker Inc, Sells H&R Block Inc, Computer Programs and Systems Inc, Orchids Paper Products Co

Boston, MA, based Investment company Cubic Asset Management, LLC buys Berkshire Hathaway Inc, II-VI Inc, Foot Locker Inc, Greenhill Inc, Janus Henderson Group PLC, Rosehill Resources Inc, LKQ Corp, Apogee Enterprises Inc, Exxon Mobil Corp, Walt Disney Co, sells H&R Block Inc, Computer Programs and Systems Inc, Orchids Paper Products Co, Janus Capital Group Inc, Libbey Inc during the 3-months ended 2017-06-30, according to the most recent filings of the investment company, Cubic Asset Management, LLC. As of 2017-06-30, Cubic Asset Management, LLC owns 165 stocks with a total value of $341 million. These are the details of the buys and sells.

  • New Purchases: BRK.B, IIVI, GHL, JHG, ROSE, APOG, GPX,
  • Added Positions: FL, LKQ, OMC, CVS, XOM, DIS, C, GPI, EFA, ARNC,
  • Reduced Positions: MKSI, UNH, CXO, L, EAT, NVS, PKG, ARCC, UTX, SFE,
  • Sold Out: HRB, CPSI, TIS, JNS, LBY, TGI, PYPL, APC, VIG,

For the details of Cubic Asset Management, LLC’s stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Cubic+Asset+Management%2C+LLC

These are the top 5 holdings of Cubic Asset Management, LLC

  1. Microsoft Corp (MSFT) – 131,625 shares, 2.66% of the total portfolio. Shares reduced by 0.62%
  2. Delta Air Lines Inc (DAL) – 163,805 shares, 2.58% of the total portfolio. Shares added by 0.87%
  3. Allstate Corp (ALL) – 94,120 shares, 2.44% of the total portfolio. Shares reduced by 0.42%
  4. 3M Co (MMM) – 37,115 shares, 2.27% of the total portfolio.
  5. PNC Financial Services Group Inc (PNC) – 58,931 shares, 2.16% of the total portfolio.

New Purchase: Berkshire Hathaway Inc (BRK.B)

Cubic Asset Management, LLC initiated holdings in Berkshire Hathaway Inc. The purchase prices were between $161.26 and $171.55, with an estimated average price of $166.29. The stock is now traded at around $173.75. The impact to the portfolio due to this purchase was 1.57%. The holdings were 31,715 shares as of 2017-06-30.

New Purchase: II-VI Inc (IIVI)

Cubic Asset Management, LLC initiated holdings in II-VI Inc. The purchase prices were between $27.73 and $36.05, with an estimated average price of $32.42. The stock is now traded at around $38.30. The impact to the portfolio due to this purchase was 0.8%. The holdings were 79,450 shares as of 2017-06-30.

New Purchase: Greenhill & Co Inc (GHL)

Cubic Asset Management, LLC initiated holdings in Greenhill & Co Inc. The purchase prices were between $19.5 and $29.3, with an estimated average price of $23.56. The stock is now traded at around $20.00. The impact to the portfolio due to this purchase was 0.46%. The holdings were 77,860 shares as of 2017-06-30.

New Purchase: Janus Henderson Group PLC (JHG)

Cubic Asset Management, LLC initiated holdings in Janus Henderson Group PLC. The purchase prices were between $30.6 and $33.99, with an estimated average price of $32.69. The stock is now traded at around $34.01. The impact to the portfolio due to this purchase was 0.36%. The holdings were 36,776 shares as of 2017-06-30.

New Purchase: Rosehill Resources Inc (ROSE)

Cubic Asset Management, LLC initiated holdings in Rosehill Resources Inc. The purchase prices were between $7.97 and $10.6, with an estimated average price of $9.35. The stock is now traded at around $8.00. The impact to the portfolio due to this purchase was 0.34%. The holdings were 140,725 shares as of 2017-06-30.

New Purchase: Apogee Enterprises Inc (APOG)

Cubic Asset Management, LLC initiated holdings in Apogee Enterprises Inc. The purchase prices were between $50.72 and $59.61, with an estimated average price of $54.92. The stock is now traded at around $52.63. The impact to the portfolio due to this purchase was 0.26%. The holdings were 15,415 shares as of 2017-06-30.

Added: Foot Locker Inc (FL)

Cubic Asset Management, LLC added to the holdings in Foot Locker Inc by 132.19%. The purchase prices were between $47.5 and $77.35, with an estimated average price of $65.25. The stock is now traded at around $46.14. The impact to the portfolio due to this purchase was 0.57%. The holdings were 69,448 shares as of 2017-06-30.

Added: LKQ Corp (LKQ)

Cubic Asset Management, LLC added to the holdings in LKQ Corp by 21.91%. The purchase prices were between $27.94 and $32.9, with an estimated average price of $30.86. The stock is now traded at around $32.89. The impact to the portfolio due to this purchase was 0.3%. The holdings were 172,160 shares as of 2017-06-30.

Added: Exxon Mobil Corp (XOM)

Cubic Asset Management, LLC added to the holdings in Exxon Mobil Corp by 45.04%. The purchase prices were between $79.5 and $83.49, with an estimated average price of $81.84. The stock is now traded at around $80.67. The impact to the portfolio due to this purchase was 0.2%. The holdings were 27,113 shares as of 2017-06-30.

Added: Walt Disney Co (DIS)

Cubic Asset Management, LLC added to the holdings in Walt Disney Co by 27.49%. The purchase prices were between $103.94 and $115.84, with an estimated average price of $109.62. The stock is now traded at around $106.91. The impact to the portfolio due to this purchase was 0.2%. The holdings were 29,705 shares as of 2017-06-30.

Sold Out: H&R Block Inc (HRB)

Cubic Asset Management, LLC sold out the holdings in H&R Block Inc. The sale prices were between $22.95 and $31.34, with an estimated average price of $26.12.

Sold Out: Computer Programs and Systems Inc (CPSI)

Cubic Asset Management, LLC sold out the holdings in Computer Programs and Systems Inc. The sale prices were between $26.15 and $35.55, with an estimated average price of $31.07.

Sold Out: Orchids Paper Products Co (TIS)

Cubic Asset Management, LLC sold out the holdings in Orchids Paper Products Co. The sale prices were between $11.55 and $25.51, with an estimated average price of $17.26.

Sold Out: Janus Capital Group Inc (JNS)

Cubic Asset Management, LLC sold out the holdings in Janus Capital Group Inc. The sale prices were between $12.81 and $14.62, with an estimated average price of $13.68.

Sold Out: Libbey Inc (LBY)

Cubic Asset Management, LLC sold out the holdings in Libbey Inc. The sale prices were between $7.77 and $14.58, with an estimated average price of $9.82.

Sold Out: Triumph Group Inc (TGI)

Cubic Asset Management, LLC sold out the holdings in Triumph Group Inc. The sale prices were between $19.8 and $34.5, with an estimated average price of $27.74.

Here is the complete portfolio of Cubic Asset Management, LLC. Also check out:

1. Cubic Asset Management, LLC’s Undervalued Stocks
2. Cubic Asset Management, LLC’s Top Growth Companies, and
3. Cubic Asset Management, LLC’s High Yield stocks
4. Stocks that Cubic Asset Management, LLC keeps buying

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