Albert D Mason Inc has net portfolio value of $268 million and Hormel Foods Corp (NYSE:HRL), Norfolk Southern Corp. (NYSE:NSC), Automatic Data Processing (NASDAQ:ADP) are among its top stock holdings, as per its recent SEC 13F filing on October 14. Albert D Mason Inc has its largest investment in energy sector and industrial firms. The top holdings of Albert D Mason account for 17.20% of its overall portfolio and it has considerable investments in consumer staples stocks.
Hormel Foods Corp (NYSE:HRL) is the top stock holding of Albert D Mason Inc and it owns 114,325 shares of the company with net market value of $5.87 million. Hormel Foods Corp (NYSE:HRL) reported net sales of $2.3 billion in its third quarter 2014 with net earnings of $138 million. Winton Capital Management is the largest investor of Hormel Foods Corp (NYSE:HRL) with investments worth $68 million followed by Aqr Capital Management ($52 million) and Stelliam Investment Management ($39 million).
Norfolk Southern Corp. (NYSE:NSC) comes at number two in Albert D Mason Inc’s portfolio with net investments of $5.43 million and 48,655 shares of the company. It was an excellent second quarter 2014 for the transportation company with operating revenues of $3.0 billion and net income of $562 million. Some of the primary investors of Norfolk Southern Corp. (NYSE:NSC) include Citadel Investment Group ($97 million), Legg Mason Capital Management ($94 million), and Tetrem Capital Management ($73 million).
Albert D Mason Inc has its third largest stock holdings in Automatic Data Processing (NASDAQ:ADP) with 62,270 shares of the company at market value of $5.17 million. Automatic Data Processing (NASDAQ:ADP) reported net revenue of $3.1 billion for its fourth quarter 2014 with diluted earnings per share of 60 cents. Cedar Rock Capital is the largest investor of Automatic Data Processing (NASDAQ:ADP) with investments worth $448 million followed by First Eagle Investment Management ($243 million) and Adage Capital Management ($50 million).
This article has been written by Prakash Pandey.