John Rogers

Last Update: 09-12-2016

Number of Stocks: 192
Number of New Stocks: 6

Total Value: $7,965 Mil
Q/Q Turnover: 5%

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

John Rogers Watch

  • John Rogers Comments on Mattel Inc.

    In addition, toymaker Mattel, Inc. (NASDAQ:MAT) jumped +25.27% on news of its merger discussions with Hasbro, Inc. (NASDAQ:HAS). Nothing has happened to date, and nothing may happen. We find the news encouraging because it shows strategic flexibility. We think the company will thrive with or without a merger, and that it can continue to adapt as the digital entertainment world grows.


  • John Rogers Comments on Brady Corp

    Some of our holdings had strong returns for the quarter. Identification solutions specialist Brady Corp. (NYSE:BRC) surged +17.87% after a very strong earnings report. The company posted earnings per share of $ 0.30, well above the $0.23 consensus. Revenues were up slightly before currency effects, with operating margins improving a great deal. Moreover, management increased earnings guidance by roughly 10%. The company continues to focus on its growing circle of competence, a strategy we applaud.


  • John Rogers' 1st Quarter 2016 Ariel Fund Commentary

    The first quarter of 2016 was flat in some places and down slightly in others, but we doubt most investors remember it that way. The carnage in January was harsh, and daily volatility has been high, so many likely think of it as a rough three months. Yet the last half of the quarter largely recouped the losses from the first half. Among the three broad indexes tracking our asset classes, one was up a small amount and the other two were down. U.S. large caps were up a small amount. On the other hand, domestic small caps slipped a bit and foreign stocks were down. When U.S. large caps are up while U.S. small caps and foreign stocks retreat, we generally think it says more about sentiment than economics. That is, U.S. large caps are seen as providing stability whereas small caps and foreign stocks are seen as more risky. The discrepancy between domestic value and growth indexes says the same. That is, growth indexes from the large-, mid-, and small- cap universe ranged from less than +1% up to down nearly -5%, while the value counterparts were up more than +1% to +4%. For more than a year investor sentiment has gone up and down without a strong trend.


  • Gilead, Fossil Among Stocks Trading Below Lynch Earnings Line

    Former Magellan fund manager Peter Lynch devised a method of determining whether stocks are over or undervalued by equating $1 in earnings with $15 in stock price. The earnings line was introduced in his best-selling book “One Up on Wall Street.”

    A graph comparing the Peter Lynch earnings line with the actual stock price can be found on the summary pages of each stock on GuruFocus. The Peter Lynch Screen is also available to automatically search for high-performing undervalued stocks. Five of these picks are listed below.


  • Ariel Investments Discusses Banks

    Charles Bobrinskoy of Ariel Investments likes banks because they seem inexpensive and had only short-term problems. He thinks Citigroup (NYSE:C) is too difficult to analyze, but JPMorgan (NYSE:JPM) is attractive.

  • John Rogers' Ariel Investments March Commentary

    As we examined the results of our three traditional value mutual funds this quarter, there was one common detrimental thread— the lack of utilities stocks. The sector has been on a tear, meaning that our avoidance of the area hurt short-term returns broadly. This commentary will address the performance issue, explain why people seem to gravitate toward this sector, and why we generally avoid utilities companies.


  • John Rogers Ups Stake in Anixter International

    Guru John Rogers (Trades, Portfolio) got into investing in middle school. When Rogers was just 12 years old, his father began to purchase securities for his son's Christmas and birthday presents. This is when Rogers began to gain an interest in reading about the stock market. Rogers attended Princeton University where he majored in economics, and he continued his ambitious approach to learning after his graduation.

    Rogers began working as a stockbroker shortly after his graduation at William Blair & Co. before he founded Ariel Investments in 1983. Ariel Investments began as a small and mid-cap value manager, and evolved strategically looking for companies that have attractive intrinsic value through extensive research. Ariel Investments currently has 88 employees with $10 billion in assets under management.


  • John Rogers Invests in Bristow Group, Kindred Biosciences

    John Rogers (Trades, Portfolio), founder of Ariel Investment LLC, added to two stakes in his portfolio – Bristow Group Inc. (NYSE:BRS) and Kindred Biosciences Inc. (NASDAQ:KIN) – on March 31.

    The guru raised his stake in Bristow Group, a British helicopter services provider, nearly 24% with the acquisition of 1,895,773 shares for $18.92 per share. The deal had a 0.43% impact on Rogers’ portfolio.


  • John Rogers' Recent Trades

    John Rogers (Trades, Portfolio) is the founder of Ariel Investment LLC, which he started in 1983. As of 2008, the firm had over $15.5 billion in assets under management. The following are his first trades during the first quarter:

    His stake in Cowen Group Inc. (COWN) has been raised by 53.76%. The deal had an impact of 0.16% on the portfolio.


  • Low PS Stocks That Are Still Expensive

    According to GuruFocus' All-in-One Screener, the following are companies with a market cap above $5 billion that are trading with a very low P/S ratio.

    Progressive Corp. (PGR) is trading at about $35.48 with a P/S ratio of 1.00 and an estimated P/E multiple of 16.40. The company has a market cap of $20.73 billion and over the last 10 years, the stock has risen by 37%. During the last 52 weeks, the price has been as high as $35.50 and as low as $26.44.


  • John Rogers Adds to Stake in Cowen Group

    John Rogers (Trades, Portfolio) began his passion for investing at the ripe age of 12, when his father began buying him securities for Christmas and his birthday. As Rogers grew older, his passion for investing grew with him. Rogers attended Princeton University, where he majored in economics, and his thirst for learning about equities continued to grow. He then founded Ariel Investments in 1983.

    In the first quarter of 2016, Rogers added 3,957,480 shares of Cowen Group Inc. (NASDAQ:COWN).


  • Stocks Fall to 5-Year Lows

    According to GuruFocus, these guru stocks have reached their five-year lows: Rosetta Stone Inc. (NYSE:RST), Aegerion Pharmaceuticals Inc. (NASDAQ:AEGR), JMP Group LLC (NYSE:JMP) and Five Star Quality Care Inc. (NASDAQ:FVE).

    Rosetta Stone reached $6.85


  • John Rogers' Ariel Investments Commentary on February

    Lately people have been talking a lot about volatility in the stock market. Oftentimes when volatility is being discussed, the market is falling rather than rising. Strictly speaking, volatility addresses the “dispersion of returns,” or how much prices bounce around— whether up or down. It may surprise some that when standard monthly measurements are used, the broad markets have actually moved from a low level of volatility to a more normal level as returns have shifted to flat or down in recent months. The discussion of volatility does have merit—when using other measurements one can see why people are talking about it.


  • Tilson Explains New Short in Lumber Liquidators in 1 Word: Cancer

    Whitney Tilson (Trades, Portfolio), founder of Kase Capital Management, released a presentation Tuesday regarding his new short position in Lumber Liquidators (NYSE:LL), outlining six main reasons that may lead to a 50-50 chance of the company reaching bankruptcy.

    Tilson first announced a short position in the flooring company in November 2013 on allegations that Lumber Liquidators was selling Chinese-made flooring tainted with formaldehyde, putting customers at risk for cancer. He then covered the short this past December on a tip that company management was unaware that it was selling toxic flooring. With no “smoking gun,” Tilson wrote in the presentation that “the company was sloppy and naïve, but not evil.”


  • Viacom, AutoNation Among Undervalued Guru Stocks

    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 a wide margin of safety and at least five gurus are shareholders.

    Viacom Inc. (VIAB) is trading at the price of $38, but the Peter Lynch earnings line gives the company a fair price of $69.91, giving the stock a margin of safety of 45%. It is trading with a PE ratio of 9.29 that is ranked lower than 85% of its competitors in the Global Media – Diversified industry. It is currently 47.20% below its 52-week high and 28.93% above its 52-week low.


  • Guru Stocks With High, Growing Dividend Yields

    The following are companies with high and growing dividend yields that gurus are buying according to GuruFocus' All-in-One Screener.

    The Western Union Co. (WU) has a trailing dividend yield of 3.44% with a three-year growth rate of 13.40% and a five-year growth rate of 19.20%. The stock is now trading with a trailing 12-month P/E multiple of 11.10 and an estimated forward P/E multiple of 10.29. During the last 12 months, the stock price has dropped by 7%.


  • John Rogers Trims Stake in Newell Rubbermaid

    John Rogers (Trades, Portfolio), founder of Ariel Investment, bought a dozen new stakes and sold a handful in the fourth quarter, but most were comparatively small. By far his largest and most numerous trades were additions or reductions to existing stakes in his portfolio.

    Rogers’ most significant fourth-quarter transaction was the reduction of his stake in Newell Rubbermaid Inc. (NYSE:NWL), an Atlanta-based consumer goods company, by nearly 60%. Rogers sold 1,966,048 shares for an average price of $43.83 per share. The deal had a -0.97% impact on Rogers’ portfolio.


  • John Rogers' Ariel Investments Monthly Commentary - January

    This January there have been two hot news topics: the volatile and declining stock market and the 2016 Presidential race. As for the market headlines, some report it as the worst open to a stock market year ever, but it certainly is not the worst January return in history. In politics, both primary races are more heavily contested than one would have imagined at first blush. Here, we have no desire to be partisan or to predict any outcome. Our point is simply to emphasize that while the stock market and the political arena might sizzle in the short term, only the long term really matters.


  • John Rogers Comments on Nordstrom Inc.

    Upscale department store Nordstrom, Inc. (NYSE:JWN) declined -25.11% after missing earnings. Broad-based weakness, largely driven by slow traffic, caused the company to earn $0.57 per share during the quarter—well short of the expected $0.72. Nordstrom slashed prices to clear inventory, which was painful short term but now puts it in shape to succeed from this point forward.

    From John Rogers (Trades, Portfolio)' Ariel Appreciation Fund 4th quarter 2015 commentary.  

  • John Rogers Comments on Mattel

    Toy-maker Mattel, Inc. (NASDAQ:MAT) returned +31.09% after naysayers started turning positive. For some time this company and the whole industry have been in the doghouse. But consultants and analysts have become more positive on the toy business and, at Mattel, on key brands Barbie and Fisher Price. As often happens with broad predictions of immense change, we think the notion that children will suddenly stop playing with Barbie dolls and switch wholesale to digital entertainment goes way too far.

    From John Rogers (Trades, Portfolio)' Ariel Appreciation Fund 4th quarter 2015 commentary.  

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