Latest news with #MadisonLargeCapFund
Yahoo
28-04-2025
- Business
- Yahoo
Is Elevance (ELV) an Attractively Valued Stock?
Madison Investments, an investment advisor, released its 'Madison Large Cap Fund' first-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the first quarter, the fund (Class I) decreased 0.93% compared to the 4.27% decline for the S&P 500 index. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Madison Large Cap Fund highlighted stocks such as Elevance Health, Inc. (NYSE:ELV). Elevance Health, Inc. (NYSE:ELV) is a health benefits company. The one-month return of Elevance Health, Inc. (NYSE:ELV) was -3.05%, and its shares lost 21.03% of their value over the last 52 weeks. On April 25, 2025, Elevance Health, Inc. (NYSE:ELV) stock closed at $421.68 per share with a market capitalization of $96.878 billion. Madison Large Cap Fund stated the following regarding Elevance Health, Inc. (NYSE:ELV) in its Q1 2025 investor letter: "Elevance Health, Inc.'s (NYSE:ELV) profits have been pressured due to higher acuity in its Medicaid business. However, we believe the shares were attractively valued due to our expectation that margins should normalize as Elevance reprices its risk pools." A medical professional working at a computer, utilizing the company's digital solutions to improve care quality for consumers. Elevance Health, Inc. (NYSE:ELV) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 73 hedge fund portfolios held Elevance Health, Inc. (NYSE:ELV) at the end of the fourth quarter compared to 67 in the third quarter. While we acknowledge the potential of Elevance Health, Inc. (NYSE:ELV) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. In another article, we covered Elevance Health, Inc. (NYSE:ELV) and shared the list of best stocks that will always grow. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
28-04-2025
- Business
- Yahoo
Nike (NKE) Traded Lower Due to Several Headwinds
Madison Investments, an investment advisor, released its 'Madison Large Cap Fund' first-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the first quarter, the fund (Class I) decreased 0.93% compared to the 4.27% decline for the S&P 500 index. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Madison Large Cap Fund highlighted stocks such as NIKE, Inc. (NYSE:NKE). NIKE, Inc. (NYSE:NKE) designs, develops, and markets athletic footwear, apparel, equipment, and accessories. The one-month return of NIKE, Inc. (NYSE:NKE) was -9.23%, and its shares lost 38.74% of their value over the last 52 weeks. On April 25, 2025, NIKE, Inc. (NYSE:NKE) stock closed at $57.62 per share with a market capitalization of $86.316 billion. Madison Large Cap Fund stated the following regarding NIKE, Inc. (NYSE:NKE) in its Q1 2025 investor letter: "NIKE, Inc. (NYSE:NKE) is still struggling as it attempts to clean up its over-inventoried position and revive new product launches. Given that its shoes are predominantly manufactured overseas, the recent round of tariffs will increase costs as well." A close-up of a hand holding a casual sneaker with the Nike logo on it. NIKE, Inc. (NYSE:NKE) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 73 hedge fund portfolios held NIKE, Inc. (NYSE:NKE) at the end of the fourth quarter compared to 75 in the third quarter. While we acknowledge the potential of NIKE, Inc. (NYSE:NKE) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. In another article, we covered NIKE, Inc. (NYSE:NKE) and shared the list of stocks to watch as trade wars begin. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
26-04-2025
- Business
- Yahoo
Here's What Lifted Fiserv (FI) in Q1
Madison Investments, an investment advisor, released its 'Madison Large Cap Fund' first-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the first quarter, the fund (Class I) decreased 0.93% compared to the 4.27% decline for the S&P 500 index. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Madison Large Cap Fund highlighted stocks such as Fiserv, Inc. (NYSE:FI). Fiserv, Inc. (NYSE:FI) is a payment and fintech services provider. The one-month return of Fiserv, Inc. (NYSE:FI) was -19.29%, and its shares gained 13.48% of their value over the last 52 weeks. On April 24, 2025, Fiserv, Inc. (NYSE:FI) stock closed at $176.90 per share with a market capitalization of $98.812 billion. Madison Large Cap Fund stated the following regarding Fiserv, Inc. (NYSE:FI) in its Q1 2025 investor letter: "Fiserv, Inc. (NYSE:FI) and Alcon were also contributors in the quarter. Fiserv continues to do a nice job growing payment volumes, driven in large part by successfully taking market share with its Clover point of sale software terminal for small and medium sized businesses." Fiserv, Inc. (NYSE:FI) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 80 hedge fund portfolios held Fiserv, Inc. (NYSE:FI) at the end of the fourth quarter which was 71 in the previous quarter. While we acknowledge the potential of Fiserv, Inc. (NYSE:FI) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. In another article, we covered Fiserv, Inc. (NYSE:FI) and shared the list of stocks with buy ratings that hedge funds back immensely. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
26-04-2025
- Business
- Yahoo
Accenture (ACN) Fell due to the Potential Cancellation of Contracts
Madison Investments, an investment advisor, released its 'Madison Large Cap Fund' first-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the first quarter, the fund (Class I) decreased 0.93% compared to the 4.27% decline for the S&P 500 index. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Madison Large Cap Fund highlighted stocks such as Accenture plc (NYSE:ACN). Accenture plc (NYSE:ACN) is a professional services company that provides management consulting, technology, and outsourcing services. The one-month return of Accenture plc (NYSE:ACN) was -4.25%, and its shares lost 5.39% of their value over the last 52 weeks. On April 24, 2025, Accenture plc (NYSE:ACN) stock closed at $291.41 per share with a market capitalization of $182.43 billion. Madison Large Cap Fund stated the following regarding Accenture plc (NYSE:ACN) in its Q1 2025 investor letter: "Accenture plc (NYSE:ACN) shares were weak in the quarter due to possible contract cancelations from the U.S. Federal government. While some lost business does seem likely, Accenture's overall exposure to this end market is limited and the headwind appears manageable." A team of data experts gathered around a computer monitor analyzing customer data. Accenture plc (NYSE:ACN) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 79 hedge fund portfolios held Accenture plc (NYSE:ACN) at the end of the fourth quarter compared to 60 in the third quarter. Accenture plc (NYSE:ACN) reported revenue of $16.7 billion in the second quarter of 2025, a 5% increase in U.S. dollars and 8.5% in local currency. While we acknowledge the potential of Accenture plc (NYSE:ACN) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. In another article, we covered Accenture plc (NYSE:ACN) and shared the list of best edge computing stocks to buy according to hedge funds. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
25-04-2025
- Business
- Yahoo
Here's Why Madison Large Cap Fund Sold Its Stake in US Bancorp (USB)
Madison Investments, an investment advisor, released its 'Madison Large Cap Fund' first-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the first quarter, the fund (Class I) decreased 0.93% compared to the 4.27% decline for the S&P 500 index. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Madison Large Cap Fund highlighted stocks such as U.S. Bancorp (NYSE:USB). Headquartered in Minneapolis, Minnesota, U.S. Bancorp (NYSE:USB) is a financial services holding company. The one-month return of U.S. Bancorp (NYSE:USB) was -7.36%, and its shares lost 2.29% of their value over the last 52 weeks. On April 24, 2025, U.S. Bancorp (NYSE:USB) stock closed at $40.05 per share with a market capitalization of $62.478 billion. Madison Large Cap Fund stated the following regarding U.S. Bancorp (NYSE:USB) in its Q1 2025 investor letter: "We sold our investment in U.S. Bancorp (NYSE:USB), a large domestic regional bank. We have long admired its strong record of disciplined lending and its attractive mix of fee-based businesses. Together, these characteristics have led to a track record of generating best-in-class returns on equity. While these appealing characteristics are still present today, growth opportunities have waned as it has become one of the largest banks in the United States. We elected to sell our position and reallocate the funds to more promising opportunities." An experienced banker on the trading floor, monitoring financial markets in real time. U.S. Bancorp (NYSE:USB) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 48 hedge fund portfolios held U.S. Bancorp (NYSE:USB) at the end of the fourth quarter compared to 46 in the third quarter. While we acknowledge the potential of U.S. Bancorp (NYSE:USB) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. In another article, we covered U.S. Bancorp (NYSE:USB) and shared the list of best growing dividend stocks with low P/E ratios. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey.
