Chuck Royce

Chuck Royce

Last Update: 09-08-2016

Number of Stocks: 1085
Number of New Stocks: 53

Total Value: $15,133 Mil
Q/Q Turnover: 5%

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

Chuck Royce Watch

  • Donald Smith Takes a Bigger Bite of Ruby Tuesday

    Donald Smith (Trades, Portfolio) of Donald Smith & Co. increased his stake in Ruby Tuesday Inc. (NYSE:RT) by 10.72% on Aug. 18.


    Smith serves as president and chief investment officer at Donald Smith & Co. He is a deep-value manager and uses a bottom-up approach. His firm invests in out-of-favor companies selling at a discount to their tangible book value that have significant earnings potential within two to four years.

      


  • The Undiscovered Connection: Value-Led Periods and Active Management - Royce Funds Commentary

    By Steve Lipper, CFAsenior Investment strategist, managing director, & president, RFS


     

      


  • Arnold Schneider Is Buying These 9 Stocks

    Arnold Schneider is president, chief investment officer and principal of Schneider Capital Management Corp. In both the first and second quarters the guru bought shares in the following stocks:


    Commercial Vehicle Group Inc. (CVGI)

      


  • A Contrarian Approach to Small-Cap Retailers: Royce Funds Commentary

    Portfolio Manager Jay Kaplan explains the structural and cyclical challenges facing small-cap retailers and his bullish long-term outlook for the best-managed businesses.


    Watch the video here.

      


  • Insider Invests in Ambac Financial Group

    Nader Tavakoli (Insider Trades), CEO of Ambac Financial Group Inc. (AMBC), acquired 12,000 shares in the company Sept. 20. The price per share was $18.06 for a total transaction of $216,720.


    Ambac is a holding company whose subsidiaries – Ambac Assurance Corp., Everspand Financial Guarantee Corp. and Ambac Assurance UL Limited  provide financial guarantees and other financial services to clients in both the public and private sectors globally. Ambac has a market cap of $818.51 million.

      


  • Strong Financial Strength Scores Increase Value Opportunities

    Among companies trading on the New York Stock Exchange and the Nasdaq, grocery stores have the strongest financial strength scores. Two companies, The Kroger Co. (NYSE:KR) and Weis Markets Inc. (NYSE:WMK), have F-scores and Z-scores near historical highs. This suggests that the grocery stores industry has increased value potential in the short term.


    Three financial scores, three different ways to measure financial strength

      


  • Mario Gabelli Buys Stake in Higher One

    Mario Gabelli (Trades, Portfolio) purchased a 69,100-share stake in Higher One Holdings (ONE) at an average price of $3.78 per share during the second quarter. Since the purchase Higher One’s market price has gained an estimated 36% in value.


      


  • Royce Funds Comments on Marcus & Millichap

    Marcus & Millichap (NYSE:MMI) is a leading commercial real estate sales brokerage firm. Its stock has declined in anticipation of slower sales and earnings growth as the commercial real estate recovery slowly matures.


    But we believe the company can outpace its industry's growth over the long term with its primary focus on less cyclical, private sales (deals from $1 million to $10 million), growth in new agents and improving productivity of existing brokers, and market share gains as it expands into underserved locales and specialty properties (such as industrial, office, and hospitality) beyond its core multifamily and retail focus.

      


  • Royce Funds Comments on Lazard

    There are two holdings that have struggled this year that we think have a lot of potential over the long run. Lazard (NYSE:LAZ) has a franchise in the global financial advisory business and, in our estimation, an underappreciated asset management segment.


    Market volatility and economic uncertainty have fueled concerns about a deceleration in mergers and acquisitions activity ("M&A") while also pressuring fund flows.

      


  • Royce Funds Comments on Circor International

    Circor International (NYSE:CIR) is an industrial company that makes highly engineered flow-control valves capable of withstanding extreme pressures, temperatures, and corrosive environments.


    With 85% of sales coming from the energy industry, revenue growth has been depressed by the severe drop in the price of oil and the associated cutbacks in capital spending in the energy industry over the past two years. However, its shares have come back strong so far in 2016.

      


  • Royce Funds Comments on Cognex Corporation

    Cognex Corporation (NASDAQ:CGNX) is the market leader in machine vision technology that captures and analyzes visual information in order to automate tasks that previously relied on human eyesight. The company has reaped the benefits of increasing automation in manufacturing and item-tracking-intensive industries such as consumer electronics, automotive, and logistics.


    Cognex also continues to expand its addressable market by leveraging its proprietary vision software and systems into new markets such as ruggedized mobile computing.

      


  • Royce Heritage Fund Semi-Annual Letter

    Fund Performance:


    Royce Heritage Fund gained 5.3% for the year-to-date period ended June 30, 2016, well ahead of the 2.2% increase for its small-cap benchmark, the Russell 2000 Index, for the same period. We were pleased to see the Fund hold its value more effectively than its benchmark when prices were falling during the bearish phase and to see it participate fully in the initial stage of the rebound after small-caps made a low on February 11. This made for a strong first quarter on an absolute and relative basis, with Heritage up 4.8% versus a loss of 1.5% for the Russell 2000.

      


  • Lauren Romeo on Today's Opportunities in Quality Small-Caps

    Portfolio Manager Lauren Romeo discusses holdings and sector and industry positioning for Royce Small-Cap Leaders and Premier Funds in the current environment in which high-return business models are helping to drive performance.


    Why do you think that many of the high-ROIC (return on invested capital) stocks that populate Royce Small-Cap Leaders and Premier Funds have done well so far this year after the relative lag of the last few years?

      


  • Cal-Maine: A Good Mid-Cap at a Good Price

    On the face of it at least, any investor should be able to understand this business. It produces eggs, perhaps even the ones you had for breakfast this morning. Eggs, by the billion.


    Cal-Maine Foods Inc. (NASDAQ:CALM) comes to our attention because of its presence on the Undervalued Predictable and Buffett-Munger screeners at GuruFocus. That means its price is below at least one major valuation metric, and it has consistently grown its earnings.

      


  • Synalloy Officer Invests in Company

    Craig Bram (Insider Trades), CEO and president of Synalloy Corp. (SYNL), acquired 26,500 shares in the company on Sept. 6. The price per share was $7.46 for a total transaction of $197,690.


    Synalloy is a holding company with two major segments: Metals and Chemicals. The company has a market cap of $65.8 million.

      


  • Royce Global Financial Services Semi-Annual Letter

    Fund Performance:


    Royce Global Financial Services Fund advanced 0.5% for the year-to-date period ended June 30, 2016, compared to a gain of 2.2% for its small-cap benchmark, the Russell 2000 Index, and an increase of 5.0% for the financial services component of the Russell 2500 Index for the same period. Small-cap share prices started 2016 in a dizzying decline through their year-to-date low on Feb. 11. Stocks then rallied through the end of the first quarter. The Fund gained 1.9% in this volatile period outpacing both the Russell 2000, which fell 1.5%, and the Russell 2500 financial services companies, which were up 0.3%.

      


  • Royce Heritage Fund Semi Annual Letter

    Fund Performance:


    Royce Heritage Fund gained 5.3% for the year-to-date period ended June 30, 2016, well ahead of the 2.2% increase for its small-cap benchmark, the Russell 2000 Index, for the same period. We were pleased to see the Fund hold its value more effectively than its benchmark when prices were falling during the bearish phase and to see it participate fully in the initial stage of the rebound after small-caps made a low on February 11. This made for a strong first quarter on an absolute and relative basis, with Heritage up 4.8% versus a loss of 1.5% for the Russell 2000.

      


  • Royce Global Financial Services Semi-Annual Letter

    Fund Performance:


    Royce Global Financial Services Fund advanced 0.5% for the year-to-date period ended June 30, 2016, compared to a gain of 2.2% for its small-cap benchmark, the Russell 2000 Index, and an increase of 5.0% for the financial services component of the Russell 2500 Index for the same period. Small-cap share prices started 2016 in a dizzying decline through their year-to-date low on February 11. Stocks then rallied through the end of the first quarter. The Fund gained 1.9% in this volatile period outpacing both the Russell 2000, which fell 1.5%, and the Russell 2500 financial services companies, which were up 0.3%.

      


  • Royce Dividend Fund Semi-Annual Letter To Shareholders

    FUND PERFORMANCE


    While the year began with an alarming correction that reached into mid-February, the Fund bounced back strongly after a period of underperformance with one of its strongest relative quarterly showings in a number of years, gaining 5.0% versus a loss of 1.5% for the small-cap index in the first quarter. In this highly volatile period, the portfolio benefited from the long-awaited shift in the small-cap market towards companies with current earnings, below-average risk profiles, and lower valuations, which all fit well with the Fund’s strategy.

      


  • Royce Funds Semi-Annual Letter to Shareholders

    Summary:


    Royce Funds has released its semi-annual letter to shareholders. These letters are always good to read, since the firm invests in small, and illquid equity that are undervalued. Smart investors who read their letters to shareholders will learn a lot about value investing and find good investment ideas.

      


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