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Eaton Vance is an investment advisory and hedge fund management firm. The firm is a wholly-owned subsidiary of Eaton Vance Corp (NYSE:EVC). The firm manages Eaton Vance series of mutual funds in addition to other funds. As of March 31, total equity AUM under its different schemes was $119 bn.

Investment Strategy: Eaton Vance Management offers various strategies, covering long-only, opportunistic and customized approaches. The firm invests in both domestic and foreign stocks, including emerging markets, investing across all market-caps and investment style disciplines. Investment styles include value, growth and core. The investment process is centered on fundamental analysis, which is carried out at the security level. Eaton Vance Management aims to develop comparative advantages in terms of knowledge and information across the different market segments that the firm follows.

The following is a list of its top 15 buys by market value in the last quarter, as released in their most recent 13F filing with the SEC.

Stock

Symbol

Shares held

Illinois tool works inc.

ITW

9551116

Exxon mobil corp.

XOM

15555353

Vodafone group plc

VOD

13624245

Lockheed martin corporation

LMT

3157687

Oracle corp.

ORCL

25864558

Apple inc.

AAPL

2027806

Simon property group inc.

SPG

2242628

Citigroup, inc.

C

115942292

Accenture plc

ACN

11807260

Unilever nv

UN

6821468

Unitedhealth group, inc.

UNH

12931664

Conocophillips

COP

14471262

Wellpoint inc.

WLP

2626979

General electric co.

GE

44156327

Kohl's corp.

KSS

3327788

Here are some specifics about these companies, including a brief description of their business, growth rates (topline and bottomline) and Valuation:

Illinois Tool Works Inc.

EVM purchased 8113508 shares of ITW last quarter and now holds a total of 9551116 shares. This position is 0.99% of its portfolio.

Illinois Tool Works Inc. is a multinational manufacturer of a diversified range of industrial products and equipment with operations in 57 countries. It has eight segments: Transportation; Industrial Packaging; Power Systems & Electronics; Food Equipment; Construction Products; Polymers & Fluids; Decorative Surfaces, and Other. Its EPS forecast for the current year is 3.79 and next year is 4.43. According to the consensus estimates, its top line is expected to grow 12.40% current year and 10.20% next year. It is trading at a forward P/E of 9.99. Out of 21 analysts covering the company, 10 are positive and have buy recommendations, 2 have sell recommendations and 9 have hold ratings.

Exxon Mobil Corp.

EVM purchased 1472789 shares of XOM and now holds a total of 15555353 shares. This position is 2.51% of its portfolio.

Exxon Mobil Corporation (Exxon Mobil) is a manufacturer and marketer of commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics and a range of specialty products. It also has interests in electric power generation facilities. Its EPS forecast for the current year is 8.02 and next year is 8.75. According to the consensus estimates, its top line is expected to grow 31.70% current year and 4.10% next year. It is trading at a forward P/E of 13.03. Out of 23 analysts covering the company, 13 are positive and have buy recommendations and 10 have hold ratings.

Vodafone Group plc

EVM purchased 8549303 shares of VOD last quarter and now holds 13624245 shares of Vodafone group plc. This position is 0.75% of its portfolio.

Vodafone Group Plc (Vodafone) is a mobile communications company operating across the globe providing a range of communications services. It offers a range of products and services, including voice, messaging, data and fixed-line solutions and devices to assist customers in meeting their total communications needs. Its EPS forecast for the current year is 2.79 and next year is 2.90. According to the consensus estimates, its top line is expected to grow 16.80% current year and 2.70% next year. It is trading at a forward P/E of 9.88. Out of 6 analysts covering the company, 4 are positive and have buy recommendations and 2 have hold ratings.

Lockheed Martin Corporation

EVM purchased 3094607 shares of LMT last quarter and now holds 3157687 shares. This position is 0.49% of itsportfolio.

Lockheed Martin Corporation is a global security company engaged in the research, design, development, manufacture, integration, and sustainment of advanced technology systems and products. It also provides a range of management, engineering, technical, scientific, logistic, and information services. Its EPS forecast for the current year is 6.98 and next year is 8.60. According to the consensus estimates, its top line is expected to grow 1.60% current year and 2.40% next year. It is trading at a forward P/E of 9.19. Out of 26 analysts covering the company, 8 are positive and have buy recommendations, 1 has a sell recommendation and 17 have hold ratings.

Oracle corp.

EVM purchased 6171661 shares of Oracle corp. and now holds 25864558 shares. This position is 1.66% of their portfolio.

Oracle Corporation is an enterprise software company. It develops, manufactures, markets, distributes and services database and middleware software, applications software and hardware systems, consisting primarily of computer server and storage products. It operates in three segments: software, hardware systems and services. Its EPS forecast for the current year is 2.17 and next year is 2.39. According to the consensus estimates, its top line is expected to grow 32.20% current year and 8.70% next year. It is trading at a forward P/E of 14.63. Out of 43 analysts covering the company, 34 are positive and have buy recommendations, 1 has a sell recommendation and 8 have hold ratings.

Apple Inc.

EVM purchased 575015 shares of AAPL and now holds 2027806 shares. This position is 1.36% of its portfolio.

Apple Inc. (Apple) designs, manufactures and markets a range of personal computers, mobile communication and media devices, and portable digital music players, and sells a range of related software, services, peripherals, networking solutions, and third-party digital content and applications. Its EPS forecast for the current year is 24.37 and next year is 28.20. According to the consensus estimates, its top line is expected to grow 57.70% current year and 20.30% next year. It is trading at a forward P/E of 8.93. Out of 54 analysts covering the company, 49 are positive and have buy recommendations, 1 has a sell recommendation and 4 have hold ratings.

Simon Property Group Inc.

EVM purchased 2218526 shares of SPG and now holds 2242628 shares. This position is 0.46% of its portfolio.

Simon Property Group, Inc. operates as a self-administered and self-managed real estate investment trust (REIT). Simon Property Group, L.P., the Operating Partnership, is the Company’s partnership subsidiary which owns all of its real estate properties. It owns, develops and manages retail real estate properties, which consist of regional malls, Premium Outlets, The Mills, and community / lifestyle centers. Its EPS forecast for the current year is 6.62 and next year is 7.02. According to the consensus estimates, its top line is expected to decline 0.60% current year and grow 6.90% next year. It is trading at a forward P/E of 15.96. Out of 22 analysts covering the company, 17 are positive and have buy recommendations and 5 have hold ratings.

Citigroup, Inc.

EVM purchased 57354141 shares of C and now holds 115942292 shares. This position is 0.98% of its portfolio.

Citigroup Inc. (Citigroup) is global a diversified financial services holding company. Citigroup businesses provide consumers, corporations, governments and institutions with a range of financial products and services. Its EPS forecast for the current year is 0.42 and next year is 0.53. According to the consensus estimates, its top line is expected to decline 4.00% current year and grow 4.30% next year. It is trading at a forward P/E of 8.51. Out of 23 analysts covering the company, 13 are positive and have buy recommendations, 3 have sell recommendations and 7 have hold ratings.

Accenture plc

EVM purchased 2885819 shares of ACN and now holds 11807260 shares. This position is 1.25% of its portfolio.

Accenture plc (Accenture) is a management consulting, technology services and outsourcing company, which has offices and operations in more than 200 cities in 53 countries. Its business is organized in five operating groups and their 19 industry groups. Its five operating groups include communications & high tech, financial services, health & public service, products and resources. Its EPS forecast for the current year is 3.26 and next year is 3.67. According to the consensus estimates, its top line is expected to grow 14.20% current year and 8.30% next year. It is trading at a forward P/E of 15.45. Out of 24 analysts covering the company, 20 are positive and have buy recommendations and 4 have hold ratings.

Unilever NV

EVM purchased 6746279 shares of UN and now holds 6821468 shares. This position is 0.41% of its portfolio.

Unilever N.V. is a supplier of consumer goods. The two parent companies, NV and Unilever PLC, together with their group companies, operate as the Unilever Group (Unilever). It operates in three regions: Asia, Africa and Central and Eastern Europe (Asia Africa CEE), the Americas and Western Europe. NV’s product categories include savoury, dressings and spread; ice cream and beverages; personal care and home care. Its EPS forecast for the current year is 8.15 and next year is 9.04. According to the consensus estimates, its top line is expected to grow 28.40% current year and 5.70% next year. It is trading at a forward P/E of 13.26. Out of 3 analysts covering the company, 1 has a buy recommendation and 2 have hold ratings.


Unitedhealth group, Inc.

EVM purchased 2471867 shares of UNH and now holds 12931664 shares. This position is 1.12% of its portfolio.

UnitedHealth Group Incorporated is a diversified health and well-being company. It operates in four segments: Health Benefits, which includes UnitedHealthcare Employer & Individual, UnitedHealthcare Medicare & Retirement and UnitedHealthcare Community & State; OptumHealth; Ingenix, and Prescription Solutions. Its EPS forecast for the current year is 4.05 and next year is 4.55. According to the consensus estimates, its top line is expected to grow 7.60% current year and 6.20% next year. It is trading at a forward P/E of 10.41. Out of 27 analysts covering the company, 19 are positive and have buy recommendations and 8 have hold ratings.

Conocophillips

EVM purchased 267003 shares of COP and now holds 14471262 shares. This position is 2.22% of its portfolio.

ConocoPhillips is an international, integrated energy company. It operates in six segments: Exploration and Production (E&P), Midstream, Refining and Marketing (R&M), LUKOIL Investment, Chemicals and Emerging Businesses. Its EPS forecast for the current year is 8.16 and next year is 8.99. According to the consensus estimates, its top line is expected to grow 28.40% current year and 5.70% next year. It is trading at a forward P/E of 9.03. Out of 21 analysts covering the company, 10 are positive and have buy recommendations, 2 have sell recommendations and 9 have hold ratings.


Wellpoint Inc.

EVM purchased 2554603 shares of WLP and now holds 2626979 shares. This position is 0.35% of its portfolio.

WellPoint, Inc. (WellPoint) is a health benefits company in terms of medical membership in the United States. It offers a spectrum of managed care plans, which include preferred provider organizations (PPOs), health maintenance organizations (HMOs), point-of-service plans (POS) plans, traditional indemnity plans and other hybrid plans, including consumer-driven health plans (CDHPs), and hospital only and limited benefit products. Its EPS forecast for the current year is 6.62 and next year is 7.34. According to the consensus estimates, its top line is expected to grow 2.10% current year and 4.40% next year. It is trading at a forward P/E of 9.94. Out of 26 analysts covering the company, 18 are positive and have buy recommendations and 8 have hold ratings.

General Electric Co.

EVM purchased 4804734 shares of GE and now holds 44156327 shares. This position is 1.7% of its portfolio.

General Electric Company is a diversified technology, media and financial services company. Its products and services include aircraft engines, power generation, water processing, security technology, medical imaging, business and consumer financing, media content and industrial products. It operates through five segments: Energy Infrastructure, Technology Infrastructure, NBC Universal (NBCU), Capital Finance and Consumer & Industrial. Its EPS forecast for the current year is 1.33 and next year is 162. According to the consensus estimates, its top line is expected to decline 5.00% current year and grow 0.20% next year. It is trading at a forward P/E of 12.41. Out of 18 analysts covering the company, 12 are positive and have buy recommendations and 6 have hold ratings.

Kohl's corp.

EVM purchased 3003071 shares of KSS and now holds 3327788 shares. This position is 0.34% of its portfolio.

Kohl’s Corporation (Kohl’s) operates family-oriented department stores that sell apparel, footwear and accessories for women, men and children, soft home products, such as sheets and pillows, and housewares. Its stores feature private and exclusive brands, which are found only at Kohl’s, as well as national brands. Its EPS forecast for the current year is 4.36 and next year is 4.99. According to the consensus estimates, its top line is expected to grow 5.50% current year and 5.40% next year. It is trading at a forward P/E of 10.64. Out of 22 analysts covering the company, 16 are positive and have buy recommendations and 6 have hold ratings.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Source: Eaton Vance Asset Management's Top 15 Buys