Berkshire Hathaway (BRK.A) Downgraded to “Hold” at ValuEngine
ValuEngine lowered shares of Berkshire Hathaway (NYSE:BRK.A) from a buy rating to a hold rating in a report issued on Tuesday.
Berkshire Hathaway stock opened at $311,500.00 on Tuesday. Berkshire Hathaway has a 1 year low of $279,410.00 and a 1 year high of $335,900.00. The firm has a market capitalization of $507.06 billion, a P/E ratio of 35.43 and a beta of 0.88.
Berkshire Hathaway (NYSE:BRK.A) last released its quarterly earnings results on Saturday, November 3rd. The financial services provider reported $4,185.63 earnings per share (EPS) for the quarter. Berkshire Hathaway had a net margin of 25.50% and a return on equity of 6.20%. The firm had revenue of $63.45 billion for the quarter.
About Berkshire Hathaway
Berkshire Hathaway Inc is a holding company owning subsidiaries engaged in various business activities. Its segments include Insurance, such as GEICO, Berkshire Hathaway Primary Group, General Re Corporation and Berkshire Hathaway Reinsurance Group; Burlington Northern Santa Fe, LLC, which is engaged in the operation of the railroad system; Berkshire Hathaway Energy, which includes regulated electric and gas utility; Manufacturing, which includes manufacturers of various products, including industrial, consumer and building products; McLane Company, which is engaged in the wholesale distribution of groceries and non-food items; Service and retailing, which includes providers of various services, including fractional aircraft ownership programs, aviation pilot training and various retailing businesses, and Finance and financial products, which includes manufactured housing and related consumer financing, transportation equipment, manufacturing and leasing, and furniture leasing.
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To view ValuEngine’s full report, visit ValuEngine’s official website.
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