Michael Price

Last Update: 08-12-2016

Number of Stocks: 116
Number of New Stocks: 4

Total Value: $753 Mil
Q/Q Turnover: 6%

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

Michael Price Watch

  • Michael Price Trims Boston Scientific, Buys Outerwall

    Michael Price (Trades, Portfolio) is the 271st richest person in the world, according to Forbes. A renowned money manager, he learned finance as a $200-a-week research assistant under Max Heine. The following are his largest trades of the second quarter:


    The guru reduced his stake in Boston Scientific Corp. (BSX) by 48.28% with an impact of -2.22% on the portfolio.

      


  • Wide Margin of Safety for Fossil and NeuStar

    The following stocks are trading with a wide margin of safety according to the DCF calculator, and some of them have very low P/E ratioa. GuruFocus' All-in-One Screener can be used to find similar stocks.


    Alliance Holdings GP LP (AHGP) has a market cap of $1.03 billion and a GuruFocus business predictability of 4.5 stars. The stock had a price of $16.28 on Wednesday with a P/E ratio of 5.84 and according to the DCF calculator is trading with a margin of safety of 79% since its fair value is $84.27. During the last 12 months the price of the stock has dropped by 85% and is now 65.78% below its 52-week high.

      


  • Michael Price Adds to Stake in MB Bancorp

    Guru Michael Price (Trades, Portfolio) runs the New York-based hedge fund MFP Investors LLC, which currently owns 122 stocks with a total value of $811 million. Price began his investment career shortly after he graduated from University of Oklahoma with a bachelor degree in science. In 1974, Price began working as a research assistant at Heine Securities. After the founder Max Heine passed away in 1988, Price became the president and chairman of the firm. He ran the firm until 1998, when he founded MFP Investors, which primarily focuses on value investments. MFP Investors LLC currently owns 122 stocks with a total value of $811 million.


    On April 4, Price added 79,000 shares of MB Bancorp Inc. (MBCQ).

      


  • Michael Price Buys More Than 3.5 Million Shares of Building Materials Company

    Michael Price (Trades, Portfolio), manager of MFP Investors, bought 25 new stakes in the fourth quarter. The largest was his purchase of a 3,578,527-share stake in BMC Stock Holdings Inc. (STCK), an Atlanta-based building materials and solutions provider for professional contractors.


    The guru paid an average price of $16.9 per share in a deal that had a 7.39% impact on his portfolio.

      


  • Insiders Purchase Shares at Plains GP, Barnes & Noble

    The All-in-One Screener can be used to find insider buys and sales over the last week by clicking on the Insiders tab and changing the settings for All Insider Buying to “$1,000,000+” and duration to "February 2016."


    According to the above filters, the following are the recent buys from company insiders in the past week.

      


  • Michael Price Buys Shares in Plains GP Holdings, MSB Financial, Boardwalk Pipeline Partners

    During the third quarter many stocks got new positions in the portfolio of Michael Price (Trades, Portfolio). He bought more than 100,000 shares in Plains GP Holdings LP (PAGP), MSB Financial Corp. (MSBF) and Boardwalk Pipeline Partners LP (BWP).


    Price is the 271st richest person in the world, according to Forbes. He has a value-based approach to investing. Price buys stock in out-of-favor small cap companies that are of good value.

      


  • Analysis: Dolby Laboratories Trades at Cheap Levels With Big Guru Buyer

    Michael Price (Trades, Portfolio) runs MFP Investors, a New York-based hedge fund that focuses on value investing.  Price is one of the richest people in the world, according to Forbes. His fund disclosed an equity portfolio valued at some $699 million as of the end of the third quarter of 2015. The equity portfolio is mainly invested in Finance (37%), Technology (16%) and Health Care (15%) stocks.


    In Price's latest 13F filing, among the 10 largest holdings of his equity portfolio (which comprises 41.11% of the total portfolio value), his second principal position is worth analysis.

      


  • Michael Price Sells Holding in Hospira

    Michael Price (Trades, Portfolio) is known to prefer out-of-favor small cap companies that offer good value when he makes his investment decisions, and many of his third-quarter transactions fit that description, but some of his largest transactions involved companies with caps that exceeded several billion dollars.


    A good example is Price’s most significant third-quarter transaction – the sale of his 400,000-share stake in Hospira Inc. (NYSE:HSP), a Lake Forest, Illinois-based pharmaceutical and medical device company, for an average price of $89.48 per share. The divestiture had a -4.67% impact on Price’s portfolio.

      


  • Bearish Sentiment in Intel's Stock in the Future

    Michael Price (Trades, Portfolio) runs MFP Investors, a New York-based hedge fund that focuses on value investing. Price is one of the richest people in the world, according to Forbes. The fund disclosed an equity portfolio valued at some $699 million as of the end of the third quarter. The equity portfolio is mainly invested in Finance (37%), Technology (16%) and Health Care (15%) stocks.


    So in this article, let's concentrate on Price's latest 13F filing. Among the 10 largest holdings from Price's equity portfolio (which comprises 41.11% of the total portfolio value), I'll look into his principal position.

      


  • Michael Price Invests in Kearny Financial in Second Quarter

    Michael Price (Trades, Portfolio), who manages private firm MFP Investors, is a value investor who looks for out-of-favor small cap companies with good value. His most significant second-quarter acquisition was a 1,625,000-share stake in Kearny Financial Corp. (NASDAQ:KRNY), a holding company for Fairfield, N.J.-based Kearny Federal Savings Bank. He paid an average price of $10.42 per share in a deal that had a 2.39% impact on his portfolio.


    Kearny Financial has a market cap of $1.05 billion and an enterprise value of $1.6 billion. It has a P/E of 90.6, a Price/Book of 2.1 and a Price/Sales of 12.1. Jim Simons (Trades, Portfolio), Chuck Royce (Trades, Portfolio) and Paul Tudor Jones (Trades, Portfolio) have shares of Kearny Financial in their portfolios.

      


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