On February 28, 2013 the “Patient Investor” John Rogers
made his first trade of 2013. The Founder of Ariel Capital Management added Versar, Inc. (VSR
) to his portfolio increasing by 8.45%, with current shares of 1,041,547. VSR’s current price is $4.44. Versar, Inc. is a global management company providing engineering, construction, environmental, and professional sservices to a variety of customers in the private sector and the government. As a DoD contractor serving over 20 installations and industrial facilities in the U.S. and abroad, the company also provides national security services through its subsidiary GEOMET Technologies, LLC.
Ariel Capital Management lists VSR as one of 133 stocks in a portfolio with a total value of $4.78 billion and a quarter-over-quarter turnover of 8%. Rogers manages Ariel's small and mid-cap institutional portfolios as well as the Ariel Fund (ARGFX
) and Ariel Appreciation Fund (CAAPX
). Ariel Capital also lists two new funds: Ariel International Equity, and Ariel Global Equity Fund. John Rogers
’s holding history of VSR shows a steadily increasing stake since third quarter 2010. Continue Reading »