Donald Smith

Last Update: 12-19-2016

Number of Stocks: 74
Number of New Stocks: 1

Total Value: $3,657 Mil
Q/Q Turnover: 4%

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

Donald Smith Watch

  • Iamgold Reports Preliminary Operating Results for 2016

    Iamgold Corp. (NYSE:IAG) announced the company's 2016 preliminary results for production and costs and provided the production and cost guidance for 2017 on Monday.

    For 2016, Iamgold produced 813,000 ounces of gold at a cash cost between $740 per ounce and $770 per ounce and at an all-in sustaining cost (AISC) between $1,050 per ounce and $1,100 per ounce.


  • Stocks With Low P/Es and Margins of Safety

    Here are eight stocks gurus are buying that are trading with a very low price-earnings (P/E) ratio. Most of them are greatly undervalued, according to the DCF calculator.

    Unum Group (UNM) with a market cap of $10.3 billion is trading with a P/E ratio of 11.64 and a price-sales (P/S) ratio of 0.97. The price has risen 47% during the last 12 months and is now 1.68% below its 52-week high and 85.04% above its 52-week low.


  • Iamgold to Complete Purchase of Merrex Gold

    Iamgold Corp. (NYSE:IAG) announced Dec. 22 that it has inked an agreement according to which the worldwide gold mining company headquartered in Toronto will acquire approximately 153.43 million shares outstanding of Merrex Gold Inc. (MXI).

    The purchase represents the part of the junior metallic exploration company’s total shares that Iamgold doesn’t own yet. About this transaction, Iamgold will offer to the shareholders of Merrex Gold approximately 6.9 million of newly issued shares. This volume of new shares will represent, once issued, about 1.5% of Iamgold’s total number of shares issued and outstanding.


  • How to Invest in Gold in 2017 Part 3

    Today, the bullion for immediate delivery went down 0.34% on the Hong Kong market to 8,791.39 Hong Kong Dollars ($1,131.99) per ounce from the prior close of HK$8,818.70 per ounce, before retracing to a price of HK$8,803.20 per ounce.


  • Newmont May Book up to $1.2 Billion to Shut Down Peru Mine

    Newmont Mining Corp. (NYSE:NEM) says that it may book approximately $1 billion or even $1.2 billion noncash impairment charge in the last quarter due to a higher than initially assessed value of “the asset retirement obligation at the mine of between $400 million and $500 million in the fourth quarter” for the shutting down of Yanacocha, the Peruvian mine, as reported Wednesday by

    The higher value of the liability associated with the retirement of Yanacocha mine is “due to higher estimated future water treatment, earthworks and demolition costs,” Newmont said as also reported by


  • 9 Companies Grantham Continues to Boost

    Jeremy Grantham (Trades, Portfolio) is the chairman of Grantham Mayo Van Otterloo, a Boston-based asset management firm. In both the second and third quarters the guru bought shares in the following stocks:

    Noble Corp. PLC (NE)


  • Donald Smith Invests in Paper Producer

    Donald Smith (Trades, Portfolio) of Donald Smith & Co. gained a new holding in Verso Corp. (NYSE:VRS) in the third quarter.

    Smith’s investment firm was established in 1975 as Home Portfolio Advisors. He took over the firm and changed the name in 1983. It is a deep value manager and employs a bottom-up approach. The investment team seeks out-of-favor stocks that sell at the lowest decile of price-to-tangible book values and have significant earnings potential over the next several years.


  • Donald Smith Buys Iamgold, Sells Toyota

    Donald Smith (Trades, Portfolio) is the chief investment officer of Donald Smith & Co. He has $3.6 billion under management and compounded annualized return has been 15.3% 30 years since inception. During the third quarter the guru’s largest trades were the following:

    He raised his stake in Iamgold Corp. (IAG) by 279.64% with an impact of 2.59% on the portfolio.


  • Donald Smith Adds to Axcelis Technologies

    Guru Donald Smith (Trades, Portfolio) is a deep value portfolio manager who employs a strict bottom-up approach to investing. Smith has well over three decades of investment experience. During the third quarter, he added 149,138 shares of Axcelis Technologies (NASDAQ:ACLS) to his portfolio. The trade had a 0.05% impact on Smith’s portfolio and he now owns 2,987,305 shares. Since the trade, the company's market price has gained an estimated 4%.


  • 7 Stocks Trading With Low P/E Ratios

    Gurus are buying stocks that are trading with low price-earnings (P/E) ratios. Some are greatly undervalued, according to the DCF calculator.

    Fibria Celulose SA ADR. (NYSE:FBR), with a market cap of $4.09 billion, is trading with a P/E ratio of 6.53 and a price-sales (P/S) ratio of 1.21. According to the DCF calculator, the stock has a fair value of $10.82; it is trading at $7.39 with a margin of safety of 32%. The price has dropped by 46% during the last 12 months and is now 50.54% below its 52-week high and 27.63 % above its 52-week low.


  • 6 Stocks Trading Below the Peter Lynch Value

    According to GuruFocus' All-in-One Screener, several gurus are focusing on stocks whose Peter Lynch fair value is far above the current price. The following stocks are trading with wide margins of safety and at least five gurus are shareholders.

    Equity Residential (NYSE:EQR) is trading at about $61 per share. The Peter Lynch value gives the stock a fair price of $171.4, giving investors a margin of safety of 65%.


  • 10 Stocks Donald Smith Is Buying

    Donald Smith (Trades, Portfolio) is the founder and chief investment officer of Donald Smith & Co. He began his career as an analyst with Capital Research Company and subsequently worked at Capital Guardian Trust Co. In both the first and second quarters, the guru bought shares in the following stocks:

    Natuzzi SPA ADR (NYSE:NTZ)


  • 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.


  • Mohnish Pabrai Buys AerCap

    Mohnish Pabrai (Trades, Portfolio) acquired a new holding in AerCap Holdings NV (NYSE:AER) during the second quarter.

    In AerCap, Pabrai purchased 624,160 shares for an average price of $38.38 per share. The transaction had an impact of 7.1% on the portfolio. The stock has increased by 3% since.


  • Donald Smith Sells Sanmina, Buys Goldman Sachs

    Donald G. Smith is the CIO of Donald Smith (Trades, Portfolio) & Co. The firm holds a portfolio of $3.7 million and the following are its largest trades during the second quarter.

    The guru reduced his stake in Sanmina Corp. (SANM) by 32.67%, with an impact of -1.32% on the portfolio.


  • Stocks With Low P/S: Deere, Micron Technology

    According to GuruFocus' All-in-One Screener, the following are the stocks with market caps above $5 billion that are trading with low P/S ratios.

    Micron Technology Inc. (MU) is trading at about $12.32 with a P/S ratio of 1.0 and an estimated P/E multiple of 13.13. The company has a market cap of $12.78 billion and over the last 10 years, the stock has dropped by 24%. During the last 52 weeks, the price has been as high as $24.86 and as low as $9.31.


  • Donald Smith Buys Stake in Newmont Mining

    Guru Donald Smith (Trades, Portfolio) purchased a 180,600-share stake in Newmont Mining Corp. (NYSE:NEM) in the first quarter.

    Newmont Mining was founded in 1921. It is engaged in the production of and exploration for gold and copper. The company has assets in the U.S., Australia, Peru, Indonesia, Ghana, New Zealand, Mexico and Suriname. It is engaged in the production of copper through its Batu Hijau operation in Indonesia and Boddington operation in Australia.


  • Donald Smith Adds to Stake in Micron Technology

    During the first quarter, guru Donald Smith (Trades, Portfolio) added to his stake in Micron Technology Inc. (NASDAQ:MU).



  • Donald Smith's High Conviction Stocks

    Donald Smith (Trades, Portfolio) is the CIO of Donald Smith (Trades, Portfolio) & Co. He began his career as an analyst with Capital Research Company and then worked at Capital Guardian Trust Co. He manages a portfolio composed of 75 stocks, six of which have been bought for the last two quarters.

    Asanko Gold Inc. (AKG)


  • Smart Money Flows Into Pershing Gold

    The are few things more reassuring as an investor and in particular a small-cap investor than the financial and operational backing of a billionaire guru. Similarly, there are few things more indicative of upside potential than large-scale institutional share buying ahead of a major milestone or catalyst. Pershing Gold Corp.’s (NASDAQ:PGLC) most recent SEC filings tick both of these boxes and, in doing so, make the company an attractive allocation for any investor looking to piggyback the exposures of the smart money.

    For those not familiar with Pershing, it’s a development stage gold-mining company poised to start production at its first major project. The real estate in question is a Nevada-based mine called Relief Canyon. It’s located in the same region as some of the U.S.’s biggest producing properties, operated by incumbent names in the space – Barrick Gold Corporation (NYSE:ABX) and Coeur Mining Inc. (NYSE:CDE) to name just two. Pershing has spent the last half decade drilling at the property with the goal of expanding its resource estimate, which currently sits at 739,000 measured and indicated and 70,000 inferred ounces of gold, as of July last year.


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