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May 15, 2020, 5:32 p.m. EDT

Buffett's Berkshire Hathaway trims exposure to banks, sells out of Travelers

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By Claudia Assis

Warren Buffett's Berkshire Hathaway Inc. /zigman2/quotes/208872451/composite BRK.A +1.90% /zigman2/quotes/200060694/composite BRK.B +2.29% has trimmed its exposure to banks, including Goldman Sachs Group Inc. /zigman2/quotes/209237603/composite GS +4.44% and U.S. Bancorp /zigman2/quotes/206934678/composite USB +6.49% , and sold out of insurer Travelers Cos. Inc. /zigman2/quotes/206313935/composite TRV +3.45% and refiner Phillips 66 /zigman2/quotes/207448059/composite PSX +3.53% according to a late Friday filing. Buffett said earlier this month he had sold off his large stakes in four U.S. air carriers for a lot less than he paid for them. Berkshire had been a major shareholder of American Airlines Group Inc. /zigman2/quotes/209207041/composite AAL +6.80% , Delta Air Lines Inc. /zigman2/quotes/200327741/composite DAL +5.61% , Southwest Airlines Co. /zigman2/quotes/201071949/composite LUV +5.23% and United Airlines Holdings Inc. /zigman2/quotes/205037281/composite UAL +8.29% .

/zigman2/quotes/208872451/composite
US : U.S.: NYSE
$ 273,900
+5,120 +1.90%
Volume: 329.00
July 10, 2020 4:00p
P/E Ratio
45.78
Dividend Yield
N/A
Market Cap
$434.89 billion
Rev. per Employee
$637,113
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/zigman2/quotes/200060694/composite
US : U.S.: NYSE
$ 182.90
+4.10 +2.29%
Volume: 5.49M
July 10, 2020 4:02p
P/E Ratio
45.79
Dividend Yield
N/A
Market Cap
$434.89 billion
Rev. per Employee
$637,113
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/zigman2/quotes/209237603/composite
US : U.S.: NYSE
$ 205.56
+8.73 +4.44%
Volume: 4.41M
July 10, 2020 4:00p
P/E Ratio
11.17
Dividend Yield
2.43%
Market Cap
$67.69 billion
Rev. per Employee
$1.34M
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/zigman2/quotes/206934678/composite
US : U.S.: NYSE
$ 36.44
+2.22 +6.49%
Volume: 8.97M
July 10, 2020 4:00p
P/E Ratio
9.42
Dividend Yield
4.61%
Market Cap
$51.55 billion
Rev. per Employee
$342,274
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/zigman2/quotes/206313935/composite
US : U.S.: NYSE
$ 113.84
+3.80 +3.45%
Volume: 1.07M
July 10, 2020 4:00p
P/E Ratio
12.28
Dividend Yield
2.99%
Market Cap
$27.82 billion
Rev. per Employee
$996,151
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/zigman2/quotes/207448059/composite
US : U.S.: NYSE
$ 61.06
+2.08 +3.53%
Volume: 4.25M
July 10, 2020 4:00p
P/E Ratio
89.33
Dividend Yield
5.90%
Market Cap
$25.76 billion
Rev. per Employee
$7.84M
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/zigman2/quotes/209207041/composite
US : U.S.: Nasdaq
$ 11.94
+0.76 +6.80%
Volume: 90.45M
July 10, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$5.68 billion
Rev. per Employee
$345,547
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/zigman2/quotes/200327741/composite
US : U.S.: NYSE
$ 27.09
+1.44 +5.61%
Volume: 31.35M
July 10, 2020 4:00p
P/E Ratio
5.03
Dividend Yield
0.00%
Market Cap
$16.36 billion
Rev. per Employee
$499,337
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/zigman2/quotes/201071949/composite
US : U.S.: NYSE
$ 33.22
+1.65 +5.23%
Volume: 14.94M
July 10, 2020 4:00p
P/E Ratio
9.79
Dividend Yield
0.00%
Market Cap
$18.61 billion
Rev. per Employee
$373,554
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/zigman2/quotes/205037281/composite
US : U.S.: Nasdaq
$ 32.67
+2.50 +8.29%
Volume: 80.48M
July 10, 2020 4:00p
P/E Ratio
8.86
Dividend Yield
N/A
Market Cap
$8.76 billion
Rev. per Employee
$448,946
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