Columbus Hill Capital Management is a New Jersey-based hedge fund. Kevin Eng works as the firm’s Chief Investment Officer and Chief Operating Officer. He has over 25 years of financial experience, having worked for a variety of firms before launching Columbus Hill Capital Manage. The 13F portfolio of Columbus Hill was diversified across six sectors as of Q2: technology, finance, healthcare, services, industrial goods, and basic materials. The fund’s portfolio value has increased by 1.02 percent to $836.8 million from the previous quarter.
Insider Monkey analyzes the list of the best large-cap stocks to buy according to Columbus Hill Capital Management. The company’s sales for the quarter was $39.3 billion, up 37.9% over the same period last year. JD.com, Inc.’s target has been raised to $95, with a Buy rating, by Mizuho. On October 26, Alphabet Inc. released its third-quarter results, reporting a GAAP EPS of $27.99, exceeding analyst expectations by $4.67. Google Services revenue was $59.8 billion, compared to $58.1 billion predicted by analysts. Mastercard Incorporated is a financial services firm based in the United States that specializes in digital payments worldwide. The company declared a $0.44 per share quarterly dividend, yielding 0.52 percent. Mastercard has a seven-year track record of increasing dividends consistently. The company’s sales for the quarter was $45.3 billion, up 21.8 percent from the previous year. Columbus Hill has approximately 91,588 Microsoft Corporation shares valued over $24.8 million as of Q2. According to Columbus Hill Capital Management, UnitedHealth Group Incorporated is still one of the top large-cap companies to purchase. With a market cap of $432.3 billion, the business accounts for 3.14 percent of the hedge fund’s 13F portfolio. For more details, click 10 Best Large-Cap Stocks To Buy According To Columbus Hill Capital Management.
Unsplash