Billionaire Jacob Rothschild Loves These Five Stocks

#3 eBay Inc (NASDAQ:EBAY)

– Shares Owned by RIT Capital Partners (as of June 30): 686,000

– Value of RIT Capital Partners’ Holding (as of June 30): $16.06 million

There was no change in the eBay Inc (NASDAQ:EBAY) stake owned by RIT Capital during the second quarter, as the fund still owns 686,000 shares of the e-commerce company, which constitute 13.73% of its portfolio’s value. Robert Baird analyst Colin Sebastian recently reiterated his ‘Outperform’ rating on eBay, citing volume growth in July on eBay’s website, as recorded by his tracker. eBay Inc (NASDAQ:EBAY) earned $0.43 per share in the second quarter, narrowly better than the estimates of $0.42. For the full year, the company expects EPS in the range of $1.85-to-$1.90, while the consensus among analysts is for it to deliver $1.86.

#2 The Coca-Cola Co (NYSE:KO)

– Shares Owned by RIT Capital Partners (as of June 30): 574,000

– Value of RIT Capital Partners’ Holding (as of June 30): $26.01 million

RIT Capital boosted its stake in The Coca-Cola Co (NYSE:KO) by 39% during the June quarter, adding 162,000 shares of the company to its portfolio. Investment firm Susquehanna reaffirmed its ‘Hold’ rating for Coca-Cola in a report issued on Monday. Coca-Cola has slashed its 2016 organic revenue guidance to 3% from 4%-to-5%, as it continues to tackle the challenges presented by declining sales of soda in its mature markets. Warren Buffett’s Berkshire Hathaway owns 400 million shares of The Coca-Cola Co (NYSE:KO) as of the end of the second quarter.

#1 Walt Disney Co (NYSE:DIS)

– Shares Owned by RIT Capital Partners (as of June 30): 481,800

– Value of RIT Capital Partners’ Holding (as of June 30): $47.13 million

RIT Capital Partners made no change to its gigantic holding in Walt Disney Co (NYSE:DIS), having ended the second quarter with a $47.13 million stake in the company, which accounts for a whopping 40% of the value of the fund’s equity portfolio. Earlier this month, the California-headquartered media and entertainment giant reported fiscal year 2016 third quarter EPS of $1.62 on $14.28 billion in revenue, topping analysts’ estimates of $1.61 in EPS and $14.15 billion in revenue. Disney’s stock has been stalled since the beginning of 2015 after a big three-year run from 2012 to 2014 during which time Disney’s shares more than doubled. The stock has lost around 8.7% in 2016. At the end of the second quarter, 44 hedge funds in our database were bullish on Walt Disney Co (NYSE:DIS), down from 49 funds a quarter earlier.

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