Berkshire Hathaway Increases Stake In Johnson & Johnson (JNJ) And Buys Target (TGT)
By Yaser Anwar, CSC of Equity Investment Ideas
The latest filings show that Berkshire Hathaway has bought approximately $270 million worth of stock in Target. Berkshire also has approximately 20 million shares of Wal-Mart.
Buffet has also significantly increased its stake in Johnson & Johnson, from 2 million to 24.6 million shares.
Berkshire filed requests with the SEC on Aug. 14 to withhold disclosure of the two investments. The Target request was approved but the J&J request was denied. However, Berkshire decided to report both transactions, saying that the confidential treatment was no longer needed for the Target purchase.
Berkshire Hathaway’s stock topped $100,000 per share last week, an all-time high.Readers can find more of Warren Buffet's holdings by visiting Stock Pickr.
http://www.equityinvestmentideas.blogspot.com/
The latest filings show that Berkshire Hathaway has bought approximately $270 million worth of stock in Target. Berkshire also has approximately 20 million shares of Wal-Mart.
Buffet has also significantly increased its stake in Johnson & Johnson, from 2 million to 24.6 million shares.
Berkshire filed requests with the SEC on Aug. 14 to withhold disclosure of the two investments. The Target request was approved but the J&J request was denied. However, Berkshire decided to report both transactions, saying that the confidential treatment was no longer needed for the Target purchase.
Berkshire Hathaway’s stock topped $100,000 per share last week, an all-time high.Readers can find more of Warren Buffet's holdings by visiting Stock Pickr.
http://www.equityinvestmentideas.blogspot.com/
posted by douglas mcintyre at 4:36 AM
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