Starbucks Corporation (SBUX), Schlumberger Limited. (SLB), Lowe’s Companies, Inc. (LOW): Top Stock Holdings of Churchill Management Group

Starbucks (SBUX)

Churchill Management Group has been managing investments for over 50 years and it has a current portfolio of $2.43 billion, according to its recent SEC 13F filing on October 7, 2014. Starbucks Corporation (NASDAQ:SBUX), Schlumberger Limited. (NYSE:SLB), Lowe’s Companies, Inc. (NYSE:LOW) are among the top three stock investments of Churchill Group Management.

Starbucks (SBUX)

Starbucks Corporation (NASDAQ:SBUX) is the largest stock holding in Churchill Management Group’s portfolio with 1,674,035 shares worth $126 million. It was an excellent third quarter 2014 for the coffee chain with net revenues of $4.2 billion and an increase of 6% in its global comparable store sales. Starbucks Corporation (NASDAQ:SBUX) reported net earnings of 67 cents per share for the quarter. Columbus Circle Investors is the primary investor of Starbucks Corporation (NASDAQ:SBUX) with $253 million invested in the company and Citadel Investment Group ($233 million) along with Adage Capital Management ($88 million) follow the order.

Churchill Group Management has its second largest stock investment in Schlumberger Limited (NYSE:SLB) with investments worth $71 million and 704,672 shares of the company. Schlumberger Limited. (NYSE:SLB) reported net revenues of $12.05 billion in its second quarter 2014 and the company repurchased its common stocks of worth $1.17 billion during the quarter. Fisher Asset Management is the prime investor in Schlumberger Limited (NYSE:SLB) investing $491 million followed by Greenhaven Associates ($429 million) and Adage Capital Management ($290 million).

Lowe’s Companies, Inc. (NYSE:LOW) is the third largest stock investment of Churchill Management Group with 1,337,967 shares of the company with market value of $70 million. Lowe’s Companies, Inc. (NYSE:LOW) had net earnings of $1.04 billion during its second quarter 2014 along with net sales of $16.59 billion. Some of Lowe’s Companies, Inc. (NYSE:LOW)’s primary investors include Viking Global ($1.09 billion), Greenhaven Associates ($541 million), and Iridian Asset Management.

This article has been written and edited by Prakash Pandey.

Related News:

For Cramer, Starbucks Corporation (SBUX) Brewing More Than Coffee

Starbucks Corporation (SBUX) Testing a Dark Non-Alcoholic Drink That Tastes Like Guinness

Read: Warren Buffett and Billionaires Are Crazy About These 7 Stocks

“Read: The 12 Most Expensive Apple (AAPL) Apps in the Market”

“Read: Top 50 Books To Read Before You Die”

Related posts




Warren Buffett's Best Picks

Warren Buffett's these stock picks will crush the market over the next 12 months. Get our report FREE by becoming a member now