Arnold Van Den Berg

Arnold Van Den Berg

Last Update: 07-14-2015

Number of Stocks: 59
Number of New Stocks: 4

Total Value: $658 Mil
Q/Q Turnover: 8%

Countries: USA
Details: Top Buys | Top Sales | Top Holdings  Embed:

Arnold Van Den Berg Watch

  • Atwood Oceanics Discounting 2016 Concerns

    Atwood Oceanics (NYSE:ATW), which is in the business of offshore drilling, has delivered strong results for the first nine months of FY15. However, from a peak of $35.35 in May 2015, the company’s stock has slumped to current levels of $19.4. This article discusses the reasons for this decline and my current view on the stock.


    Before talking about the steep decline in the company’s stock, I would like to briefly discuss the company’s results for the first nine months of FY15. For nine months ended June 2015, Atwood Oceanics reported revenue of $1.0 billion as compared to revenue of $850 million for the nine months ended June 2014. For the same period, the company reported an operating cash flow of $484 million as compared to $339 million. Therefore, the results have been strong and this has been backed by continuing contracts for the company’s modern rig fleet.

      


  • Offshore Driller's Valuation After the Dividend Cut

    In this article let's take a look at Ensco PLC (NYSE:ESV), the international offshore oil and gas contract drilling company, which is the world's second-largest offshore drilling rig fleet amongst competitive rigs, with an ultra-deepwater fleet that is the newest in the industry.


    We all know that a dividend cut, even a little one, is not welcome in the market. So let´s take a look at the new intrinsic value generated. For investors looking at a buy recommendation, we have seen in a previous article that Duke Energy (NYSE:DUK) has an upside potential.

      


  • 5-Year Lows: Atwood Oceanics Inc, HMS Holdings Corp, Advanced Micro Devices Inc, and Government Properties Income Trust

    According to GuruFocus list of 5-year lows, these Guru stocks have reached their 5-year lows: Atwood Oceanics Inc, HMS Holdings Corp, Advanced Micro Devices Inc, and Government Properties Income Trust


    Atwood Oceanics Inc (NYSE:ATW) Reached $22.39

      


  • Arnold Van Den Berg Initiates Position in General Motors

    Arnold Van Den Berg (Trades, Portfolio) is the founder of Century Management. Van Den Berg is a value investor, and considers himself a student of Benjamin Graham.


    Arnold applies value investment strategies as his investment philosophy. His investment research seeks to determine the appraised value of a company, often referred to as intrinsic value. Investments are then made at a significant discount, normally 40% to 65% below the company's current intrinsic value. This is his margin of safety. Arnold usually holds 35-40 companies when fully invested, and invests primarily in U.S. headquartered companies.

      


  • Van Den Berg Adds Four Stakes to Portfolio in Second Quarter

    Arnold Van Den Berg (Trades, Portfolio), whose Century Management recorded return percentages in double digits in 2013 and 2012, prefers to apply value investment strategies as his investment philosophy. With that in mind, he added four new stakes to his portfolio in the second quarter.


    The most significant acquisition was his 478,985-share stake in General Motors Co (NYSE:GM), an automotive company based in Detroit, for an average price of $35.7 per share. The transaction had a 2.42% impact on his portfolio.

      


  • Van Den Berg Sells UCP, Houston Wire & Cable

    Value investor Arnold Van Den Berg (Trades, Portfolio) is the portfolio manager for the CM Value I fund at his Century Management firm. On June 30, the fund sold out of two holdings — UCP Inc (NYSE:UCP) and Houston Wire & Cable Co (NASDAQ:HWCC) — according to data reported by GuruFocus Real Time Picks.


    Van Den Berg sold 620,335 shares of UCP for an average of $8.35 per share. UCP acquires and develops land and sells lots to third-party homebuilders. The stock dropped 45% over the last year, closing at $7.15 on July 9.

      


  • Arnold Van Den Berg Decreases His Position in UCP, Inc.

    Arnold Van Den Berg (Trades, Portfolio) of Century Management has been actively trading UCP, Inc. (NYSE:UCP) in the past few months. On April 30 he added 62,831 shares increasing his portfolio stake in the stock by 10.13%. On June 30 he decreased his position in UCP, Inc. by 91.39% selling 624,353 shares. He currently holds 58,813 shares.


      


  • Arnold Van Den Berg's Undervalued Stocks Trading At Low P/E

    Arnold Van Den Berg (Trades, Portfolio) is a value investor with 43 years of industry experience and founder of $2 billion firm Century Management. The company closely align their interests with those of their clients.


    His portfolio is composed of 61 stocks, and five have been bought during the last quarter. Total value of the portfolio is $710 million with 15% Q/Q Turnover.

      


  • Oil Companies Dominate Highest-Yielding S&P 500 Stocks

    Three of the five highest-yielding S&P 500 stocks are oil and gas related companies, according to results from GuruFocus’ All-In-One-Screener.


    The screener can be used to sort stocks with more than 150 filters. To find S&P 500 companies with high dividend yields, I selected Yes in the “In the S&P 500” field on the Fundamental tab. Then I sorted the resulting list by clicking the Yield” column to sort from highest to lowest.

      


  • Arnold Van Den Berg and the Importance of Dreams

    Last year, The Manual of Ideas interviewed Arnold Van den Berg in what was, in my humble opinion, one of the most inspiring interviews I have ever read from a great value investor. Van Den Berg founded Century Management in 1974 with no formal college education. It was through self-study, dedication and experience that Van Den Berg gained his market knowledge. I won’t comment much on this interview, since his words are very candid and inspiring by themselves.


    On perseverance:

      


  • Arnold Van Den Berg Keeps Buying Chicago Bridge and Iron Company

    Arnold Van Den Berg (Trades, Portfolio) is the founder of Century Management. Van Den Berg is a value investor, and considers himself a student of Benjamin Graham.


    Arnold applies value investment strategies as his investment philosophy. His investment research seeks to determine the appraised value of a company, often referred to as intrinsic value. Investments are then made at a significant discount, normally 40% to 65% below the company's current intrinsic value. This is his margin of safety. Arnold usually holds 35-40 companies when fully invested, and invests primarily in U.S. headquartered companies.

      


  • Model Portfolio Review – May 19, 2015

    In the past six years, the S&P 500 gained 24.71% in 2009, 11.65% in 2010, 0% in 2011, 12.1% in 2012, 31.8% in 2013, and 11.39% in 2014. The market performance looks good. Could investors make more money by investing in GuruFocus Model Portfolios? It is time to check the performances. The following are the details of the performances of the four value strategies:


    Value Strategies (Long):

      


  • Arnie Van Den Berg increases His Stake in Chicago Bridge and Iron

    Since founding Century Management in 1974, Arnold Van Den Berg has handily beaten all of the indices. Mr. Van Den Berg is a value investor, and considers himself a student of Benjamin Graham.


    Arnie applies value investment strategies as his investment philosophy. His investment research seeks to determine the appraised value of a company, often referred to as intrinsic value. Investments are then made at a significant discount, normally 40% to 65% below the company's current intrinsic value. This is his margin of safety. Arnie usually holds 35-40 companies when fully invested, and invests primarily in U.S. headquartered companies.

      


  • Van Den Berg Trades in Canadian Mining Stocks in First Quarter

    Value investor Arnold Van Den Berg (Trades, Portfolio) founded Century Management in Austin, Texas, more than 40 years ago. Austin is a long way from the Canadian border, but that didn’t keep Van Den Berg from dealing in – mostly selling but, in one case, buying – shares in eight Canadian-based stocks in the first quarter.


    Van Den Berg sold his 365,155-share stake in Asanko Gold Inc (TSX:AKG), a Vancouver-based gold mining company whose crown jewel is a gold mine in Ghana. Van Den Berg sold the shares for an average price of $1.54 per share with an impact of -0.064% to his portfolio.

      


  • Arnold Van Den Berg's Century Management Energy Industry Update

    Over the past nine months, the decline in the price of oil, as well as the decline in the stock prices of many energy and energy-related service companies, has caused a great deal of uncertainty for investors. The big fear among many investors today is that the U.S. energy industry will experience a repeat of the 1986 oil crash, which lasted a decade in North America. We believe it is the fear of this “repeat” that has brought many energy company valuations down to levels we have not seen since that time.


    On the surface, there are many similarities between the late 1980’s and today, with the most obvious being the significant decline in the price of oil. If nothing else, we believe it is this decline in price that has increased the level of fear and anxiety about owning energy-related companies. However, we also believe there are material differences that make a repeat of the prolonged 1980’s energy bust a low probability event. In this report, we hope to address many of these concerns by highlighting the differences between the current energy environment and other energy market declines over the past 35 years, specifically that which occurred in the 1980’s.

      


  • Texas Investor Arnold Van Den Berg Purchases 5 Stocks in Q1

    Arnold Van Den Berg (Trades, Portfolio), the Austin-based founder of Century Management, invests in quality companies with growth prospects and strong reward-to-risk potential, among other characteristics in its analysis.


    Century Management’s portfolio was worth $710 million at the end of the first quarter, with 61 stocks. Stocks from the Financial Services sector formed the largest section of it at 22.6%, followed by Industrial stocks at 21.7% and Energy stocks at 18.1%.

      


  • 5-year lows: Houston Wire & Cable Co, LMI Aerospace Inc, Olympic Steel Inc, and North European Oil Royalty Trust

    According to GuruFocus list of 5-year lows, these Guru stocks have reached their 5-year lows: Houston Wire & Cable Co, LMI Aerospace Inc, Olympic Steel Inc, and North European Oil Royalty Trust


    Houston Wire & Cable Co (NAS:HWCC) Reached $9.54

      


  • 5-year lows: PICO Holdings Inc, Black Box Corp, Vivus, and Electro Rent Corp.

    According to GuruFocus list of 5-year lows, these Guru stocks have reached their 5-year lows: PICO Holdings Inc, Black Box Corp, Vivus, and Electro Rent Corp.


    PICO Holdings Inc (NAS:PICO) Reached $16.26

      


  • Jean-Marie Eveillard and Arnold Van Den Berg Raise Stakes in Small-Cap Stocks

    Jean-Marie Eveillard is Chief Investment Officer of the Arnhold and S. Bleichroeder Advisers, LLC Global Value Team and former portfolio manager of First Eagle Global, Overseas, Gold, U.S. Value and Overseas Variable Funds. He was born in Paris, came to the U.S. in 1968, and became portfolio manager in 1979. The investor reported increasing his stake in DURECT Corporation (NASDAQ:DRRX) on March 9, according to GuruFocus Real Time Picks.


    Since founding Century Management in 1974, Arnold Van Den Berg has handily beaten all of the indices. Mr. Van Den Berg is a value investor, and considers himself a student of Benjamin Graham. The investor reported increasing his stake in Layne Christensen Co (NASDAQ:LAYN) on March 11, according to GuruFocus Real Time Picks.

      


  • Model Portfolio Review – March 16, 2015

    In the past six years, the S&P 500 gained 24.71% in 2009, 11.65% in 2010, 0% in 2011, 12.1% in 2012, 31.8% in 2013, and 11.39% in 2014. The market performance looks good. Could investors make more money by investing in GuruFocus Model Portfolios? It is time to check the performances. The following are the details of the performances of the four value strategies:


    Value Strategies (Long):

      


Add Notes, Comments

If you want to ask a question or report a bug, please create a support ticket.

User Comments

No comment yet



Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK