Jeff Auxier

Jeff Auxier

Last Update: 2015-02-17

Number of Stocks: 146
Number of New Stocks: 4

Total Value: $501 Mil
Q/Q Turnover: 1%

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

Jeff Auxier Watch

  • Jeff Auxier: Year End 2014 Commentary and 2015 Outlook

    As of December 31, 2014, Auxier Focus Fund was comprised of 77.73% U.S. equities, 13.87% foreign stocks, 0.2% fixed income, and 8.2% cash. The Fund returned 4.40% in the fourth quarter of 2014. The Fund’s stock portfolio had a corresponding 5.17% gain, versus 4.93% for Standard & Poor’s 500 Stock Index. For the year, the Fund returned 7.34% (stocks up 10%), versus the S&P 500’s 13.69%. By comparison, the Dow Jones Industrial Average rose 5.2% for the quarter and 10% for the year. Foreign stocks in developed countries generally declined 4.5% in 2014 (MSCI EAFE Index). The Thomson Reuters CRB Index showed commodities continued to correct, losing over 16%.

      


  • Auxier Asset Management - 'Hazelnuts, Cows… and Stocks'

    As of 9/30/14 the Stock Portion of the Investor Class, AUXFX, is Up 360% Since Inception, Growth of $10,000 to $29,500 Since Inception;


    Auxier Continues Eating His Own Cooking and Preaching the Power of Compounding

      


  • Jeff Auxier Buys Berkshire Hathaway in Third Quarter

    Jeff Auxier (Trades, Portfolio) founded Auxier Asset Management and has managed the Auxier Focus Fund since its inception in 1999. Since inception, the fund has had returns 114.67 percentage points higher than the S&P 500.


    In an interview with GuruFocus in 2012, Auxier told a story of when he cold-called Warren Buffett (Trades, Portfolio) in 1982, and actually received career advice from the most successful investor himself.

      


  • Jeff Auxier Fall 2014 Market Commentary

    We have been anticipating a market correction to wring out mounting excesses of margin debt, overpriced initial public offerings and widespread security issuance in the energy sector. Indeed, during the third quarter, many of the 1500 companies we follow each year began to correct. Smaller stocks as measured by the Russell 2000 index declined 7.36%. Larger companies fared better with the Standard and Poor’s 500-stock index up 1.13%. Auxier Focus Fund ended the quarter down 1.35% with our foreign stock holdings a drag in the face of a strong U.S. dollar. Generally, severe and prolonged market declines are preceded by periods of rising interest rates and/or recession. So far fundamentals and reported earnings don’t point to either in the near term.


    Welcome Return of Market Volatility

      


  • Acquisition Strategy Will Benefit ConAgra Foods

    In this article, let's take a look at ConAgra Foods, Inc. (CAG), a $14.41 billion market cap company that is one of the larger U.S. food companies, with a number of widely known brands.


    Acquisition and divestiture strategy

      


  • Some Drivers of the World's Largest Automaker

    In this article, let's take a look at Toyota Motor Corporation (TM), a $182.43 billion market cap company that is one of the world's largest automobile producers.


    Quality and more

      


  • Anadarko is a Strong Player with an Interesting Mix Composition

    In this article, let's take a look at Anadarko Petroleum Corporation (APC), a $56.08 billion market cap company, one of the largest independent exploration and production companies in the world.


    International operations

      


  • Toyota Stock Drops Following Announcement of Recalls

    Japanese automaker Toyota (TM) – rated the world’s largest automobile manufacturer (by production) in 2012 by the Paris-based International Organization of Motor Vehicle Manufacturers (OICA) – issued three recalls last week, affecting more than 1.7 million vehicles worldwide.


    The largest of the recalls, which primarily affects vehicles sold in Japan, is intended to fix a problem with the brake systems in three models. The second-largest recall addresses an issue with the fuel delivery pipes that could cause fires. The smallest of the recalls affects vehicles that could have fuel leaks.

      


  • A High Dividend Yield, But Other Sell Recommendation

    In a recent article from MarketWatch titled “10 S&P 1500 dividend stocks with yields up to 9.14%,” it was analyzed the highest-yielding companies that have declared dividends for at least the past five full calendar years and not discontinue them in the last four years.


    So, in this article, let´s consider one of that list – AT&T, Inc. (T) – and we will take a look at a model which is applicable to stable, mature, dividend-paying firms and try to find the intrinsic value of the stock. Although the model has a number of characteristics that make it useful and appropriate for many applications, it is by no means the be-all and end-all for valuation. The purpose is to force investors to evaluate different assumptions about growth and future prospects.

      


  • Should You Stay Away From Avon?

    In this article, let's take a look at Avon Products Inc. (AVP), a $5.47 billion market cap company, which is the world's leading direct marketer of cosmetics, toiletries, fashion jewelry and fragrances, with about 6 million sales representatives worldwide.


    New Management

      


  • I Feel Bullish on Costco Due to its Business Model

    In this article, let's take a look at Costco Wholesale Corporation (COST), a $55.22 billion market cap company, which operates about 650 membership warehouses in the U.S., and other countries such as Puerto Rico, Canada, the U.K., Taiwan, Japan, Korea, Mexico and Australia.


    Costs reduction

      


  • General Electric is Overvalued Based on DDM Analysis

    In this article, let´s consider General Electric Company (GE), a $265 billion market cap, which has a trailing P/E ratio that indicates that the stock is relatively undervalued (PE 20.7x vs Industry Median 23.2x).


    So in this article, let's take a look at a model that is applicable to stable, mature, dividend-paying firms and try to find the intrinsic value of the stock. Although the model has a number of characteristics that make it useful and appropriate for many applications, it is by no means the be-all and end-all for valuation. The purpose is to force investors to evaluate different assumptions about growth and future prospects.

      


  • Good Outlook for ConAgra Foods

    In this article, let's take a look at ConAgra Foods, Inc. (CAG), a $13.47 billion market cap company, which is one of the larger U.S. food companies with a number of widely known brands.


    Main risk

      


  • General Motors: A High-Yielding Stock

    In this article, let's take a look at General Motors Company (GM), a $54.61 billion market cap company, which is the world's second-largest producer of cars and trucks.


    A market leader

      


  • Jeff Auxier Second Quarter Shareholder Letter

    Summer 2014 Market Commentary


    Auxier Focus Fund returned 3.96% for the second quarter. The Fund’s stockholdings gained 5.46%, outpacing the corresponding returns of 5.23% for Standard and Poor’s 500 Stock Index and 2.83% for the Dow Jones Industrial Average. Foreign stocks comprised about 18% of the Fund portfolio. Note that since inception in 1999, Auxier Focus’ stock exposure has averaged 72%, a much lower risk stance than the S&P 500 and Dow Jones Industrial Average (both 100% invested in stocks). Yet we nonetheless outperformed both indices for the period. A hypothetical $10,000 investment in the Fund on July 9, 1999 through June 30, 2014 would have grown to $29,954. That’s 61% more than the S&P 500’s $18,507 and 39% better than the Dow’s $21,484 for a similar investment. 

      


  • Auxier Asset Management's Auxier Report - First Quarter 2014


    Performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that an investor's shares, when redeemed, may be worth more or less than original cost. As stated in the current prospectus, the Fund’s Investor Class Share’s annual operating expense ratio (gross) is 1.28%. The Fund’s adviser has contractually agreed to waive a portion of its fee and/or reimburse Fund expenses to limit total annual operating expenses at 1.25%, which is in effect until October 31, 2015. Other share classes may vary. The Fund charges a 2.0% redemption fee on shares redeemed within six months of purchase. For the most recent month-end performance, please call (877)328-9437 or visit the Advisor’s website at www.auxierasset.com. The recent growth rate in the stock market has helped to produce short-term returns that are not typical and may not continue in the future.

      


  • A Strong Sell Despite a Buy Recommendation Due to Its Intrinsic Value

    Philip Morris International Inc. (PM) manufactures and markets cigarettes outside the U.S. in 180 countries. The company´s plan is to introduce new packaging, new blends and other line extensions. A key driver of the company is the strong market share and the economies of scale. Also, the company has combated unfavorable tax regulations with price increases, showing a good price-elasticity. The firm's competitors include British American Tobacco plc (BTI) and Imperial Tobacco Group plc (ITYBY).


    Now, turning our attention to the future direction of the stock, let's take a look at the intrinsic value of this company and try to explain to investors the reasons why it is a good buy or not.

      


  • Jeff Auxier Comments on Tesco

    Fund performance has been negatively impacted by turnarounds like global supermarket operator Tesco PLC (TESO). Retailers in general, even world-class operators, are suffering from a glut of stores fostered by a rapid transformation to online and mobile shopping. While we don’t see much more downside, the execution has been disappointing—slower than expected. Over the long term this approach to buying high-quality assets during distressed times has been a winner. It is often difficult to gauge the timeline.

      


  • Jeff Auxier Comments on CVS

    Healthcare stocks in the Fund had a strong fourth quarter and year. CVS (CVS)’s 26% performance for the quarter is reflective of the fact that 10,000 Americans turn 65 every day and will for the next 15 years. Businesses that are able to serve this growing segment with improving service, innovation, technology, product quality and value should continue to win.

      


  • Jeff Auxier’s Year-End Top-Five Stocks

    Jeff Auxier (Trades, Portfolio) is one of the favored gurus followed by GuruFocus. He is the president and chief executive officer at Auxier Asset Management and is in charge of the Auxier Focus Fund. Over the past quarter Auxier added seven new stocks to his portfolio, bringing his total holdings to 147 valued at $476 million.


    The following five companies are Auxier’s top five stock holdings as of the close of the fourth quarter.

      


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