Investment Analysis: Lafayette Investments, Inc. Q4 2022 vs. Q1 2023 Holdings Comparison

Lafayette Investments, Inc. released their Q1 2023 13F Holding report, which shows the changes in their stock holdings from Q4 2022. There have been significant shifts in the shares and value of stocks held by the company, indicating changes in their investment strategies. Let's take a closer look at some of the notable changes.

Microsoft Corp (MSFT):

Lafayette Investments, Inc. held 34,604 shares of Microsoft Corp (MSFT) in Q4 2022, with a value of $8,298,000. This changed in Q1 2023, with Lafayette Investments, Inc. holding 34,597 shares of the company with a value of $9,974,000. This indicates a significant increase of 20.2% in the value of shares held, suggesting that the company has more faith in Microsoft's future growth and profitability.

Progressive Corp (PGR):

Lafayette Investments, Inc. held 101,881 shares of Progressive Corp (PGR) in Q4 2022, valued at $13,214,000. This position decreased in Q1 2023, with the company holding 101,106 shares of the company with a value of $14,464,000. The change indicates a 9.5% increase in the value of the shares held, showing that the company still believes in the long-term potential of Progressive Corp.

Apple Inc (AAPL):

Lafayette Investments, Inc. had 58,382 shares of Apple Inc (AAPL) in Q4 2022, with a value of $7,585,000. In Q1 2023, the company increased its position with 58,437 shares valued at $9,636,000. This represents a 27% increase in the value of shares held, reflecting the company's outlook on Apple's future profitability.

Alphabet Inc (GOOG):

Lafayette Investments, Inc. held 49,246 shares of Alphabet Inc (GOOG) in Q4 2022, valued at $4,369,000. This increased significantly in Q1 2023, with the company holding 70,062 shares with a value of $7,286,000. This substantial increase of 66.8% in the value of shares held suggests that the company has a positive outlook on the future growth of Alphabet Inc.

JPMorgan Chase & Co (JPM):

In Q4 2022, Lafayette Investments, Inc. held 31,986 shares of JPMorgan Chase & Co (JPM) with a value of $4,289,000. This decreased to 18,721 shares valued at $2,439,000 in Q1 2023, representing a significant 43.1% decrease in the value of shares held. This change in position indicates that the company has decreased its faith in the long-term profitability of JPMorgan Chase & Co.

Pfizer Inc (PFE):

Lafayette Investments, Inc. had 17,102 shares of Pfizer Inc (PFE) in Q4 2022, with a value of $876,000. This position decreased substantially in Q1 2023, with the company holding the same number of shares but with a value of only $697,000. This represents a decrease of 20.4% in the value of shares held, indicating that the company may have lost faith in Pfizer Inc.'s future profitability.

In conclusion, Lafayette Investments, Inc. has made significant changes in their stock holdings from Q4 2022 to Q1 2023. While the positions of some companies have increased, others have decreased, highlighting the company's ever-adapting investment strategies. These changes are something to keep an eye on as they offer insights into trends in the stock market.