PL Capital Advisors, LLC recently filed their 13F report for the fourth quarter of 2022, which ended on 2022-12-31.
The 13F report details which stocks were in a guru’s equity portfolio at the end of the quarter, though investors should note that these filings are limited in scope, containing only a snapshot of long positions in U.S.-listed stocks and American depository receipts as of the quarter’s end. They are not required to include international holdings, short positions or other types of investments. Still, even this limited filing can provide valuable information.
47 EAST CHICAGO AVENUE, SUITE 336 NAPERVILLE, IL 60540
As of the latest 13F report, the guru’s equity portfolio contained 43 stocks valued at a total of $364.00Mil. The top holdings were BANC(14.89%), EFSC(10.73%), and FRME(8.62%).
According to GuruFocus data, these were PL Capital Advisors, LLC’s top five trades of the quarter.
Horizon Bancorp (IN)
PL Capital Advisors, LLC reduced their investment in NAS:HBNC by 338,664 shares. The trade had a 1.73% impact on the equity portfolio. During the quarter, the stock traded for an average price of $16.49.
On 01/26/2023, Horizon Bancorp (IN) traded for a price of $15.42 per share and a market cap of $677.48Mil. The stock has returned -28.25% over the past year.
GuruFocus gives the company a financial strength rating of 2 out of 10 and a profitability rating of 5 out of 10.
In terms of valuation, Horizon Bancorp (IN) has a price-earnings ratio of 7.17, a price-book ratio of 1.05, a price-earnings-to-growth (PEG) ratio of 0.71 and a price-sales ratio of 2.77.
The price-to-GF Value ratio is 0.78, earning the stock a GF Value rank of 9.
First Horizon Corp
The guru sold out of their 250,000-share investment in NYSE:FHN. Previously, the stock had a 1.68% weight in the equity portfolio. Shares traded for an average price of $24.23 during the quarter.
On 01/26/2023, First Horizon Corp traded for a price of $24.55 per share and a market cap of $13.18Bil. The stock has returned 44.54% over the past year.
GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 4 out of 10.
In terms of valuation, First Horizon Corp has a price-earnings ratio of 16.05, a price-book ratio of 1.82, a price-earnings-to-growth (PEG) ratio of 2.55 and a price-sales ratio of 4.42.
The price-to-GF Value ratio is 1.49, earning the stock a GF Value rank of 1.
Citigroup Inc
The guru sold out of their 120,068-share investment in NYSE:C. Previously, the stock had a 1.46% weight in the equity portfolio. Shares traded for an average price of $45.43 during the quarter.
On 01/26/2023, Citigroup Inc traded for a price of $51.9 per share and a market cap of $100.52Bil. The stock has returned -15.86% over the past year.
GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 5 out of 10.
In terms of valuation, Citigroup Inc has a price-earnings ratio of 7.41, a price-book ratio of 0.55, a price-earnings-to-growth (PEG) ratio of 1.40 and a price-sales ratio of 1.35.
The price-to-GF Value ratio is 0.82, earning the stock a GF Value rank of 9.
Comerica Inc
During the quarter, PL Capital Advisors, LLC bought 55,000 shares of NYSE:CMA for a total holding of 84,000. The trade had a 1.01% impact on the equity portfolio. During the quarter, the stock traded for an average price of $69.27.
On 01/26/2023, Comerica Inc traded for a price of $71.52 per share and a market cap of $9.37Bil. The stock has returned -19.81% over the past year.
GuruFocus gives the company a financial strength rating of 3 out of 10 and a profitability rating of 6 out of 10.
In terms of valuation, Comerica Inc has a price-earnings ratio of 8.44, a price-book ratio of 1.96, a price-earnings-to-growth (PEG) ratio of 1.51 and a price-sales ratio of 2.68.
The price-to-GF Value ratio is 0.82, earning the stock a GF Value rank of 9.
Financial Institutions Inc
During the quarter, PL Capital Advisors, LLC bought 103,800 shares of NAS:FISI for a total holding of 228,800. The trade had a 0.6899999999999999% impact on the equity portfolio. During the quarter, the stock traded for an average price of $24.6.
On 01/26/2023, Financial Institutions Inc traded for a price of $23.85 per share and a market cap of $365.74Mil. The stock has returned -23.61% over the past year.
GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 6 out of 10.
In terms of valuation, Financial Institutions Inc has a price-earnings ratio of 5.95, a price-book ratio of 0.97, a price-earnings-to-growth (PEG) ratio of 0.73 and a price-sales ratio of 1.77.
The price-to-GF Value ratio is 0.75, earning the stock a GF Value rank of 10.
Please note, the numbers and facts quoted are as of the writing of this article and may not factor in the latest trading data or company announcements.
When GuruFocus covers insider information, we only track open market or the private purchase and sale of common stock with the transaction code of P or S. Therefore, all the transactions mentioned in this article are only the ones with transaction code of P or S.
Want to provide feedback on this article? Have questions or concerns? Get in touch with us here, or email us at [email protected]!
This article is general in nature and does not represent the opinions of GuruFocus or any of its affiliates. This article is not intended to be financial advice, nor does it constitute investment advice or recommendations. It was written without regard to your individual situation or financial goals. We aim to bring you fundamental, data-driven analysis, The information on this site is in no way guaranteed for completeness, accuracy or in any other way.
