Published on 8 Apr 2024 on Insider Monkey via Yahoo Finance

Here’s Why Bayer Aktiengesellschaft (BAYRY) Detracted in Q1

Oakmark Funds, advised by Harris Associates, released its “Oakmark International Fund” first quarter 2024 investor letter. A copy of the same can be downloaded here. For the quarter ended March 31, 2024, the fund returned 0.11% compared to the MSCI World ex U.S. Index benchmark’s 5.59% return. Since its inception in September 1992, the fund returned an average of 8.55% per year compared to the index’s 6.10% return over the same period. In addition, you can check the top 5 holdings of the fund to know its best picks in 2024.

Oakmark International Fund featured stocks Bayer Aktiengesellschaft (OTC:BAYRY) in the first quarter 2024 investor letter. Headquartered in Leverkusen, Germany, Bayer Aktiengesellschaft (OTC:BAYRY) operates as a life science company. On April 5, 2024, Bayer Aktiengesellschaft (OTC:BAYRY) stock closed at $7.55 per share. One-month return of Bayer Aktiengesellschaft (OTC:BAYRY) was 1.88%, and its shares lost 54.51% of their value over the last 52 weeks. Bayer Aktiengesellschaft (OTC:BAYRY) has a market capitalization of $29.335 billion.

Oakmark International Fund stated the following regarding Bayer Aktiengesellschaft (OTC:BAYRY) in its first quarter 2024 investor letter: