Bill and Melinda Gates are getting divorced. Here are some stocks they owned

-

 

  • Though the pair in a statement assured the public that they will continue to work together at their foundation despite ending their marriage, the news about the Microsoft (NASDAQ:MSFT) founder and his partner of 27 years may send shockwaves across their projects.
  • In the latest 13F filing from the Bill and Melinda Gates Foundation Trust for the period ended 12/31/20, top holdings by value in descending order included Berkshire Hathaway (NYSE:BRK.B), Waste Management (NYSE:WM), Caterpillar (NYSE:CAT), Canadian National (NYSE:CNI), Walmart (NYSE:WMT), EcoLab (NYSE:ECL), Crown Castle (NYSE:CCI), Fedex (NYSE:FDX) and UPS (NYSE:UPS).
  • Two stocks in which the foundation has a large stake (more than 10% of shares outstanding) included Schrodinger (NASDAQ:SDGR) and Coca-Cola Femsa (NYSE:KOF).
  • Most of the other holdings were below $1 billion in market value and their ownership consisted of less than 3% of shares outstanding in the associated stock.
  • The Bill and Melinda Gates Foundation, in their latest quarterly filing, disclosed ownership stakes in Amyris (NASDAQ:AMRS), Vir Biotech (NASDAQ:VIR), BionTech (NASDAQ:BNTX), Curevac (NASDAQ:CVAC)and Atreca (NASDAQ:BCEL).
  • Our readers may recall when the world's richest person, Jeff Bezos, and his partner Mackenzie Scott called it quits two years ago. This is how their wealth ended up split between them. 


Comments

Post a Comment

Popular posts from this blog

Home Depot lands Street-high price target from Citi

-
Image
  There is another bullish take on Home Depot  (NYSE: HD )  from Wall Street this morning as analysts continue to point to the home improvement retailer's sustained momentum. Citi increases its price target on Home Depot to $375 from $288 to mark a new Street high. The firm is the latest to point to rising home prices and high housing turnover as positive indicators for Home Depot. "We see favorable tailwinds for home price strength to continue in the near-to-medium term fueled by elevated demand for bigger homes and migration trends post-pandemic, a strengthening consumer, and the Fed’s commitment to low rates." Yesterday: Home Depot keeps landing higher price targets as reopening fears fade.
Read more

Teladoc defended at Credit Suisse; says PepsiCo contract loss is old news

-
Image
  Teladoc Health  (NYSE:TDOC)  dropped ~5.3% today after Cantor Fitzgerald called telehealth a commodity citing a WSJ article in which a former Pepsico executive highlighted a lost contact of the telehealth provider. The contact loss is old news, argued an analyst at Credit Suisse giving the stock an outperform rating and the price target of $264.00 per share indicates a ~53.2% upside to the Friday’s close. ‘PepsiCo membership has been out of TDOC’s membership for a long time,’ the analyst Jailendra Singh noted after a discussion with Teladoc management. The analyst also rules out any material impact to the telehealth platform as a result given that Pepsico employed 120K staff in the U.S. Despite its dominant position among firms contracting telehealth providers directly, nearly 80% of Teladoc’s membership base is formed by contracts with health insurers, the analyst estimated. An upgrade to the guidance could not avert a loss in Teladoc shares after its Q1 2021 results, as the outlook
Read more