Brian Rogers

Brian Rogers

Last Update: 07-15-2015

Number of Stocks: 115
Number of New Stocks: 2

Total Value: $26,105 Mil
Q/Q Turnover: 2%

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

Brian Rogers Watch

  • Charles Brandes' Most Weighted Trades in Q2 2015

    Charles Brandes is the chairman of Brandes Investment Partners. He manages a portfolio composed of 195 stocks with a total value of $7.80 billion and the following are his most weighted trades in the last quarter :

    He reduced his stake in Masco Corp. (MAS) by 34.23% with an impact of 0.67% on his portfolio.


  • David Einhorn Digs Coal

    According to a press release from Consol Energy (NYSE:CNX) on June 30 certain funds managed by Greenlight Capital have agreed to purchase 5,000,000 shares of the newly issued CNX Coal Resources LP (NYSE: CNXC) at the IPO price of $15.00 per share in a private placement. The IPO was completed in July with CNX selling a 21.1% stake of CNXC to the public and an additional 21.1% stake to Greenlight Capital in the private placement. Consol Energy continues to own 53.4% of the company and 100% of the General Partner which has a 2% interest.

    What is CNX Coal Resources LP? It is a growth-oriented master limited partnership, sponsored by Consol Energy. CNX Coal Resources owns a 20% undivided interest in Consol Energy's Pennsylvania thermal coal mining complex (Bailey, Enlow Fork and Harvey mines). They have been granted the right of first offer to acquire the remaining 80% undivided interest in the complex if they choose. The complex has generated about 80% of Consol Energy's coal sales in 2015. The complex consists of three underground mines and related infrastructure that produce high-BTU bituminous thermal coal that is sold primarily to electricity generators in the eastern United States.


  • 2 Low-Risk, Undervalued Blue Chips

    Stock prices are off close to 200 points today, as the Fed holds key interest rates at 0.25% (effectively zero), which to many should have caused more buying than selling. Of course, this move was expected considering the debt the U.S. faces along with the trade deficits.

    Current national debt: $16 trillion

  • Sarah Ketterer Sells Out Six Stakes in Second Quarter

    Sarah Ketterer is the chief executive officer of Causeway, an employee-owned investment management firm based in Los Angeles, specializing in managing global, international, emerging market and absolute return equities. The company invests in major equity markets across the globe, spanning the U.S., international and emerging markets, and obtains long and short exposures to securities. Ketterer worked for the Hotchkis and Wiley division of Merrill Lynch Investment Managers ("HW-MLIM") and in Causeway she is responsible for investment research in global financials and healthcare.

    She manages a portfolio composed of 81 stocks with a total value of $3,998 million and during the last quarter, she sold out 6 stakes as follow :


  • What Top Value Investors Think About Fed's Interest Rate Decision

    Market volatility has increased as the Federal Reserve’s decision on whether to raise interest rates for the first time in almost a decade approaches this week. Many value investors, who typically remain relatively impassive in the face of market vagaries, nevertheless have been addressing the noteworthy event.

    The following is a collection of guru interviews and shareholder letter excerpts that discuss how they view interest rates, what they expect the outcome of a Fed move to be and whether the macro decision will change their investing in any way.


  • Brian Rogers' Last Shareholder Letter for T. Rowe Price Equity Income Fund



  • Brian Rogers Boosts Stake in Las Vegas Sands Before Q2 Results

    In this article, let's take a look at Las Vegas Sands Corp. (NYSE:LVS), a $45.26 billion market cap company, which is a company that operates casinos in Las Vegas, Nevada; Macau, China; Bethlehem, Pennsylvania; and Singapore.

    Attractive return


  • Why Does Big Money Own Corning?

  • Weekly CEO Buys Highlight: ATI, GPC, RHP, WPX, SXC

    According to GuruFocus Insider Data, these are the largest CEO buys during the past week. The overall trend of CEOs is illustrated in the chart below:

    Allegheny Technologies Inc (NYSE:ATI): Chairman, President and CEO Richard J Harshman Bought 20,000 Shares


  • Coach: Don’t Beat A Dead Horse

    If you bought Coach (NYSE:COH) stock July 25, 2005, you paid $36 at the open and $34.94 at the close. Today, the stock sits under $31 and while they have paid out $4.71 in dividends, after taxes, you are flat and your money is kicking you for it.

    Despite growing its revenue by 181% from $1.7 billion to $4.3 billion, accumulating over $7.4 billion in net income, more than tripling its book value, and buying back over 25% of the outstanding stock, the market value has gone exactly nowhere.


  • Brian Rogers Buys Occidental Petroleum, Tyco In Q2

    Brian Rogers (Trades, Portfolio) of T. Rowe Price Equity Income Fund added two new stocks to the portfolio during the second quarter, and sold out six other positions, according to data reported by GuruFocus Real Time Picks.

    Rogers’ largest purchase during the quarter was 2,750,000 shares of Occidental Petroleum (NYSE:OXY), which traded at an average price of $78.24 during the quarter. Occidental is an international oil and gas exploration company that also owns OxyChem, a manufacturer of PVC resins, chlorine and caustic soda.


  • T Rowe’s Brian Rogers Buys Occidental Petroleum

    According to second quarter holdings disclosure, Brian Rogers (Trades, Portfolio) added 2,750,000 shares of Occidental Petroleum (NYSE:OXY) to his portfolio. Investors can have real time access to Guru Portfolios through the Guru Focus Real Time Picks.

    In this article, I will be discussing the fundamentals and valuations for Occidental Petroleum to underscore the point that Rogers’ investment is indeed a value investment considering a long-term horizon.


  • Brian Rogers' Q2 T. Rowe Price Equity Income Fund Commentary

    The broad market, measured by the S&P 500 Index, was virtually flat during the second quarter of 2015 and through the year to date, resulting in its weakest first half since 2010. Stocks sputtered to a close as the Federal Reserve signaled its intention to raise short-term interest rates sometime this year, should conditions warrant such a move. Turmoil in Greece and, more significantly, China added to equities' lackluster performance. Large-cap growth stocks slightly outperformed large-cap value shares, propelled by strength in the health care sector.


  • Paul Singer's undervalued stocks trading with low P/E ratio

    Paul Singer (Trades, Portfolio) founded Elliot Management in 1977 and now it manages more than $8,000 million in assets with about 60 stocks. Singer is well-known for taking an activist investor stance in underperforming companies, and for buying sovereign debt at a discount, including countries such as Peru, Democratic Republic of the Congo, and Argentina.

    These are the companies in his portfolio that are trading with a very low P/E ratio and even look undervalued according to the GuruFocus’ DCF calculator.


  • Martin Whitman Recent Buy: Masco Corp

    Martin Whitman (Trades, Portfolio) is founder and portfolio manager of the Third Avenue Value Fund. Whitman is a 1949 graduate of Syracuse University, which recently renamed its School of Management after Whitman, after a large gift from him in June 2003. He is an adjunct faculty member at Yale School of Management.

    During 2015 Q2 the investor bought a big stake of Masco Corp (MAS) with an impact of 2.13% on his portfolio. He bought 1,479,930 shares that is the 0.43% of outstanding shares of the company. Since that buy, the price of the stock didn’t face any change.


  • 5-year lows: Fifth Street Finance Corporation, ARMOUR Residential REIT Inc, Adtran Inc, and Coach Inc.

    According to GuruFocus list of 5-year lows, these Guru stocks have reached their 5-year lows: Fifth Street Finance Corporation, ARMOUR Residential REIT Inc, Adtran Inc, and Coach Inc.

    Fifth Street Finance Corporation (NAS:FSC) Reached $6.91


  • Brian Rogers Significantly Increases His Stake in Flowserve

    Brian Rogers (Trades, Portfolio) has been the portfolio manager of T. Rowe Price Equity Income Fund since its inception in 1985. Brian Rogers (Trades, Portfolio) has a conservative, value-oriented way to pursue substantial dividend income and long-term capital growth potential. He invests in common stocks of established firms that are expected to pay above-average dividends and appear to be out of favor or undervalued.

    Last quarter he significantly increased his stake in Flowserve Corporation (NYSE:FLS) buying 1.75 million shares. As of March 31, 2015, he was holding 2 million shares of the company. The following chart shows his holding history in the company.


  • Brian Rogers' T Rowe Price Equity Income Fund Q1 2015 Commentary


    U.S. large-cap stocks advanced in the first quarter as the Federal Reserve signaled that a rate hike was not imminent. The S&P 500 Index rose to a record in late February following assurances from Fed Chair Janet Yellen that policymakers were in no rush to raise interest rates, but the index pared much of those gains and ended the quarter modestly higher. Value stocks declined while growth stocks rose in the large-cap universe, according to Russell indexes. U.S. economic growth slowed to a 2.2% annual rate in the final quarter of 2014 from the third quarter's 5% pace, the government reported in March. The report also showed that U.S. corporate after-tax profits posted their largest quarterly drop since 2011 as the strong dollar and weak global demand hurt profitability for many companies.


  • Brian Rogers' Stocks With Most Growing Yield

    Brian Rogers (Trades, Portfolio) has been the portfolio manager of T. Rowe Price Equity Income Fund (PRFDX) (website) since its inception in 1985.

    The portfolio is composed of 116 stocks and has a total value of $27,177 mil. with 2% Q/Q Turnover.


  • 5-year lows: ION Geophysical Corp, American Science & Engineering Inc, Destination Maternity Corp, and Joy Global Inc.

    According to GuruFocus list of 5-year lows, these Guru stocks have reached their 5-year lows: ION Geophysical Corp, American Science & Engineering Inc, Destination Maternity Corp, and Joy Global Inc.

    ION Geophysical Corp (NYSE:IO) Reached $2.31


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