10 Longest-Held Stocks of Top-Rated Mutual Funds (Update1)
Investor takeaway: Its shares are up 1.5% this year. In the decade that it's been owned by FMI Large Cap, the shares have an average annual return of 4%. Analysts give its shares one "buy" rating, one "buy/holds," 13 "holds," and one "weak hold," according to a survey of analysts by S&P.
8. Lancaster Colony Corp.(LANC)
Company profile: Lancaster, with a market value of $1.8 billion, is a conglomerate, as it manufactures food products, automotive accessories, glass products, and candles.
Dividend Yield: 2.17%
Investor takeaway: Its shares are up 3.6% this year and over the past 10 years, it has an average annual return of 8%. Analysts give its shares four "hold" ratings, according to a survey of analysts by S&P. Analysts estimate it will earn $3.49 per share this year and $3.96 in 2013, or a 13% increase. It's 54% owned by institutional investors.
7. Whole Foods Market(WFM)
Company profile: Whole Foods, with a $15 billion market value, is the largest U.S. retailer of natural and organic foods, with about 300 stores in the U.S., as well as in Canada and the U.K.
Investor takeaway: Whole Foods' shares are up 20%. T. Rowe Price Mid-Cap Growth has owned it almost 14 years. It has an average annual return of 21% over 15 years. Analysts give its shares 10 "buy" ratings, four "buy/holds," and 10 "holds," according to S&P. Those same analysts project earnings of $2.34 per share this year and that they will grow by 15% next year. Goldman Sachs trimmed its rating on Whole Foods to "neutral" from "buy," late last week on valuation concerns, but raised its earnings estimates through 2014 because of strong sales outlook. Given that positive long-term outlook, Goldman upped its price target to $88 from $85.
6. Helen of Troy Ltd.(HELE)
Company profile: Helen of Troy, with a market value of $1 billion, designs and develops hair-care appliances ranging from hair dryers and curling irons, to lighted mirrors, and hairsetters. Some of the brand names its products carry include Vidal Sassoon and Revlon as well as its own name.
Investor takeaway: Its shares are up 11% this year and have a 10-year average annual return of 9%. Analysts give its shares four "hold" ratings according to a survey of analysts by S&P. Analysts estimate it will earn $3.45 per share this year and $3.89 in 2013.
5. O'Reilly Automotive(ORLY)