Industrials

Share Price for Buffett's Berkshire Hathaway Tops $210,000

Thinkstock

The recent 24/7 Wall St. examination of companies with stock prices over $500 picked up six among the S&P 500. One sat well above the rest. Shares of Berkshire Hathaway Inc. (NYSE: BRK-A) were over $210,000 apiece.

Granted Berkshire Hathaway has a class of shares that is much less expensive. The Berkshire Hathaway Inc. (NYSE: BRK-B) Class B shares trade at just over $140. Another contrast is that the Class A shares have a trading volume of 400 a day. The average volume of Class B shares is 5 million. While Class B shares have much less in terms of voting rights, Buffett claims to have created them so that regular investors could own a piece of the company he controls.

Berkshire Hathaway was on the 24/7 Wall St. list of six stocks over $500 a share. The section on Buffett’s company read:

Berkshire Hathaway Inc.
> Ticker: (NYSE: BRK-A)
> Industry: Conglomerate
> Share price: $213,900.00
> Market cap: $352 billion
> One-yr. price chg.: -2%
> Annual revenue: $210 billion

Berkshire Hathaway is Warren Buffett’s conglomerate. It owns several dozen companies, which include one of the largest railroads in the United States, a private jet sharing business and the Buffalo News. Berkshire also has an investment portfolio with positions in shares of some of America’s best known companies, including Coca-Cola, IBM and Wal-Mart.


For all of 2015, Berkshire Hathaway had net income of $24 billion on revenue of $210 billion. Oddly, the company takes its name from a textile company in which Buffett started buying shares in 1962.

Cash Back Credit Cards Have Never Been This Good

Credit card companies are at war, handing out free rewards and benefits to win the best customers. A good cash back card can be worth thousands of dollars a year in free money, not to mention other perks like travel, insurance, and access to fancy lounges. See our top picks for the best credit cards today. You won’t want to miss some of these offers.

 

Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.