Richard Snow

Last Update: 05-12-2015

Number of Stocks: 129
Number of New Stocks: 12

Total Value: $3,213 Mil
Q/Q Turnover: 11%

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

Richard Snow Watch

  • Richard Snow Cuts Stake in American Eagle Outfitters, HealthNet Following Price Increase

    The founder and chief investment officer of Snow Capital Management, Richard Snow (Trades, Portfolio), cut his stakes by significant percentages in two high-yielding stocks, according to GuruFocus Real Time Picks.


    The firm employs a contrarian, fundamental, relative value investment strategy, searching for companies with depressed stock prices due to short-to intermediate-term difficulties. Over the past 15 years, the All Cap Equity Composite strategy returned an annualized 8.9% per year, compared to the S&P 500’s 4.2%.

      


  • Richard Snow Increases Stakes in Seven Positions

    Richard Snow (Trades, Portfolio) of Snow Capital Management LP recently increased his stakes in seven positions in his portfolio, which contains 140 stocks with a total value of $3.36 billion, and a 16% quarter over quarter turnover.


    According to the Snow Capital Management website, the firm will only allow stocks that have the highest potential returns into the portfolio.

      


  • Richard Snow Increased Stakes in High Yield Companies During Q1

    Richard Snow (Trades, Portfolio) is founder of Snow Capital. Snow began his career investing the proceeds from the sale of the Snow Family businesses. His reputation grew and others began asking him to manage their assets and after the first three months of 2015 his portfolio has a total value of $3,335 million and is composed of 140 stocks.


    During the last quarter he closed nine trades. He increased seven stakes and reduced two.

      


  • 5 Industrial Stocks Gurus Are Buying

    Last month, the U.S. added 126,000 jobs, and unemployment remained unchanged at 5.5%. Since the jobs figure was well under economist estimates of 248,000 jobs, it’s reasonable to be wary of the performance of industrial stocks. These companies’ are involved in home building, manufacturing, and other activities tied to the state of the economy.


    GuruFocus provides an All-In-One-Screener that can be used to narrow stock choices with more than 150 filters. For this article, we screened for industrial companies headquartered outside the U.S., in which at least five gurus are currently buying as of the fourth quarter. The following are the top five stocks in terms of number of gurus with current positions.

      


  • Richard Snow Picks Up Investing Pace in Fourth Quarter

    Guru Richard Snow (Trades, Portfolio), president, CIO and founder of Pennsylvania-based Snow Capital, favors financially strong companies when he looks to invest, but he prefers them to be facing temporary issues that have had the effect of lowering stock prices.


    His approach to value investing produced a return of better than 40% for his clients in 2013.

      


  • Richard Snow's Most Heavily Weighted Stocks

    Richard Snow (Trades, Portfolio) of Snow Capital Management, L.P. now owns 142 stocks, valued at $2,883 Mil after recently adding to his portfolio, according to our Real Time Picks.


    Out the 142 stocks, 25.3% of his portfolio is made up of the financial services sector. 17.9% of his portfolio is made up of the industrial sector and 12.3% is part of the healthcare sector.

      


  • Richard Snow Adds to Stakes in Seven Companies

    Guru Richard Snow (Trades, Portfolio) added to his stakes in seven companies when stock trading resumed the day after Monday’s Martin Luther King holiday.


    When seeking investment opportunities, Snow has a reputation for acquiring shares in companies that are financially strong with prices that have been depressed because of temporary or intermediate term difficulties.

      


  • Taking a Look at A Few of the Undervalued Stocks in the Market

    The website Financial-Planning.com recently released a list of the top 10 most undervalued stocks in the market. I took the list and compared them against our Peter Lynch chart to determine just how undervalued they were, if at all.


    Out of the 10 stocks, I found 4 that were actually undervalued when using the Lynch model. These stocks were: Navios Maritime Holdings Inc (NM), Total SA (TOT), Intel Corp (INTC) and JPMorgan Chase & Co (JPM).

      


  • Investors Should Enlarge their Portfolios

    In this article, let's take a look at the Procter & Gamble Co (PG), a $239.41 billion market cap company that is a leading consumer products company which markets household and personal care products in more than 180 countries.


    Brand portfolio

      


  • Walmart is Set to Report Q3 Fiscal 2015

    In this article, let's take a look at the intrinsic value of Walmart Stores Inc. (WMT), a $257.38 billion market cap companythat is the largest retailer in the world, operating a chain of over 10,000 discount department stores, wholesale clubs, supermarkets and supercenters.


    A long-term strategy

      


  • General Motors Reinstated Dividend Payment

    In this article, let´s consider General Motors Company (GM), a $49.36 billion market cap that is the world's second-largest producer of cars and trucks. It has a trailing P/E ratio that indicates that the stock is relatively overvalued (PE 50.9x vs Industry Median 15.8x).


    The company maintains quality and has one of the best designs. Not only cars, it is also a leader in truck models, too. We think that, in the near future when vehicle demand recovers, the firm will be in an excellent position to grow its earnings. Further, the company focuses on four brands instead of eight, making marketing efforts more concentrated and efficient. Efficiency is reflected also in pricing policies, where it developed a pricing model searching for profitability. This means that is operating a demand-pull model where it produces only to meet demand.

      


  • Target Corp. A Fairly Valued Stock

    In this article, let´s consider Target Corp. (TGT), a $39.84 billion market cap, which has a trailing P/E ratio that indicates that the stock is relatively overvalued (PE 26.3x vs Industry Median 21.7x).


    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.

      


  • Weekly CEO Buys Highlight: TITN, OPK, LDOS, FSFR, BRX

    According to GuruFocus Insider Data, these are the largest CEO buys during the past week. The overall trend of CEOs is illustrated in the chart below:



    Titan Machinery Inc (TITN): Chairman and CEO, 10% Owner David Joseph Meyer Bought 90,250 Shares

      


  • AIG Has Survived the Worst Crisis

    In this article, let's take a look at American International Group, Inc. (AIG), a $78.94 billion market cap company, which is a leading international insurance organization that was rescued by various government entities in the financial crisis of 2008.


    Strong brand

      


  • Many Hedge Fund Managers Invest in Bed Bath

    In this article, let's take a look at Bed Bath & Beyond Inc. (BBBY), a $13.10 billion market cap company, which isone of the best retailer of the industry.


    Long-term goal

      


  • Omega Protein: Can You Swallow the Volatility?

    Omega Protein Corporation (OME) came to my attention through a Peter Lynch screen done at GuruFocus on May 29, 2014. Lynch looked for a major gap between a company’s earnings line (based on 15X earnings) and the stock price, which OME exhibits. The screen also shows an EBITDA 10-year growth rate of 26%, and a P/E ratio of 8.7, other important criteria for this guru.


    All of that points to a candidate fitting the Peter Lynch criteria. But further investigation shows some other issues that could knock this stock out of contention as a Lynch candidate, or at least give investors a bumpy ride.

      


  • Richard Snow's Top Five Highlight Finance and Healthcare Sectors

    Richard Snow (Trades, Portfolio) of Snow Capital Management released his first quarter holdings earlier today. These holdings highlight 121 stocks valued at $2.55 billion. The guru added 18 new stocks over the quarter for a quarter-over-quarter turnover of 17%. According to the fund’s Investing Philosophy, they look for companies that are financially strong, but with stock prices that have been depressed due to temporary or intermediate-term difficulties.


    The following five companies represent Snow’s five largest portfolio holdings as of the close of the first quarter.

      


  • 5-year lows: Realogy Holdings Corp, International Game Technology, Valley National Bancorp, and Mack-Cali Realty Corp

    According to GuruFocus list of 5-year lows, these Guru stocks have reached their 5-year lows: Realogy Holdings Corp, International Game Technology, Valley National Bancorp, and Mack-Cali Realty Corp


    Realogy Holdings Corp (RLGY) Reached the 5-year Low of $36.95

      


  • Guru Action in Four Aerospace Companies

    Here’s an update on what the billionaire investors are doing with four aerospace companies as of the third quarter, starting with LMI Aerospace, a manufacturer of aluminum aircraft parts. As of the third quarter, LMIA is held by only two billionaire investors. LMIA’s increased production of Boeing 737 and 767 winglet modifications was expected to increase sales for the second half of 2013. Ten days ago the company reported it was having year-to-date record sales of $316.2 million.

    LMI Aerospace Inc. reported its financial results for the third quarter of 2013, with net sales up by 48.2%, at $104.7 million. Last year’s third quarter had net sales of $70.6 million. The company reported net income of $2.1 million, down from $5.6 million in the same quarter a year ago. Earnings of $0.16 per diluted share were reported for third quarter, down from $0.48 in the third quarter of 2012.  


  • Snow Capital Update - Richard Snow Sells

    The third quarter portfolio of Snow Capital Management LP, managed by Guru Richard Snow, includes the high-impact sellouts of Sealed Air Corporation (SEE), True Religion Apparel (TRLG) and Kindred Healthcare Inc. (KND), as well as a major reduction of his long-time stake in Texas Instruments Inc. (TXN).

    Richard Snow’s updated portfolio lists 117 stocks, 8 of them new, and a total value at $2.24 billion. The quarter-over-quarter turnover is 9%. Snow’s portfolio is weighted with industrials at 22.1%, financial services at 19.8% and energy at 12.9%. Snow is averaging a return of 23.34% over 12 months. In 2012, he returned 16.99% against the S&P500’s 15.4%.  


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