Robert Olstein

Robert Olstein

Last Update: 02-09-2016

Number of Stocks: 101
Number of New Stocks: 5

Total Value: $774 Mil
Q/Q Turnover: 10%

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

Robert Olstein Watch

  • Robert Olstein: Buy Bed Bath And Beyond, Stay Away From Netflix and Amazon

    Robert Olstein is the chairman and chief investment officer of the Olstein Financial Alert Fund. Olstein is an expert on financial disclosure and reporting. He picks stocks based on a review of the fundamentals and is notorious for not talking to management. Management is never going to tell him when things aren’t great so he doesn’t bother. Instead he focuses on assessing the company's financial strength and downside risk.


    A "defense first" approach is at the heart of his philosophy – important metrics cash flow, strong balance sheet and all at low price ratios. On Fox Business, the value manager shared a few of his insights.

      


  • Robert Olstein's Olstein Strategic Opportunities Fund Q4 Commentary

    February 16, 2016


    STAYING FOCUSED ON FREE CASH FLOW

      


  • RBC Is a Deal - Guru Robert Olstein Thinks So, Too

    Guru Robert Olstein (Trades, Portfolio) recently added to Regal Beloit Corp. (NYSE:RBC) at an average price around $61. With the price currently around $58, should we consider following Ostein and take advantage of an opportunity, or should we pass?


    Since we like to buy quality merchandise at a discount, it makes sense to consider three key questions:

      


  • Olstein All-Cap Value Fund 2015 Letter to Shareholders

    For the calendar year ended December 31, 2015, Class C shares of the Olstein All Cap Value Fund depreciated 9.51%, while the Russell 3000 Value® Index depreciated 4.13% and the Russell 3000® Index appreciated 0.48%. For the six-month period ended December 31, 2015, Class C shares of the Olstein All Cap Value Fund depreciated 9.04%, while the Russell 3000 Value® Index depreciated 3.64% and the Russell 3000® Index depreciated 1.43%. Since the Fund’s inception date of September 21, 1995 through December 31, 2015, Class C shares of the Olstein All Cap Value Fund had an average annual return of 9.97% compared to average annual returns of 8.77% for the Russell 3000 Value® Index and 8.43% for the Russell 3000® Index.

      


  • Divestitures Top Robert Olstein's 4th-Quarter Activity

    Robert Olstein (Trades, Portfolio), chairman, CEO, CIO, secretary and lead portfolio manager at Olstein Capital Management LP, made five new buys in the fourth quarter, but his most significant transactions were divestitures.


    Olstein sold his 485,000-share stake in Teradata Corp. (NYSE:TDC), a Miamisburg, Ohio-based computer company that sells analytic data platforms, marketing applications and related services, for an average price of $28.22 per share. The transaction had a -1.75% impact on Olstein’s portfolio.

      


  • 2015 Was a Good Year for Gun Companies

    Whether it is due to President Barack Obama’s pledge to make gun control a centerpiece of his final year in office or a byproduct of terrorism, both foreign and domestic, and concerns about greater regulation, U.S. gun sales and permit applications have soared.


    The last five weeks of 2015 ranked among the 10 biggest weeks ever for firearm background checks, and Black Friday was the single biggest day for gun purchases on record, with more than 185,000 background checks processed.

      


  • The Olstein Funds - Second Decade in Review

    On September 21, 2015, the Olstein All Cap Value Fund passed a significant milestone in its history as it celebrated its twentieth anniversary. We are extremely proud of the consistent implementation of our investment process, the investment organization we have built and the investment performance we have provided to our shareholders since inception.


    OVER THE ALL VALUE CAP FUND's TWENTY-YEAR LIFE, significant events have either influenced, disturbed, and/or jarred financial and equity markets, including (but certainly not limited to) the Asian Financial Crisis of 1997 culminating in a global stock market crash on October 27, 1997; the Russian Financial Crisis of 1998; the bursting of the Internet Bubble in March 2000; the Terrorist Attacks of September 11, 2001; the corporate accounting scandals throughout the early 2000s, most notably Enron (2001) and Tyco International and WorldCom, both in 2002; the Global Financial Crisis of 2007-08 culminating in the collapse of Lehman Brothers in September 2008; the infamous Bernie Madoff Ponzi Scheme of 2008; the ongoing European Sovereign Debt Crisis; the May 2010 “Flash Crash;” the Fiscal Cliff/Debt Ceiling of 2011 and, most recently, the Chinese Stock Market Crash of 2015.

      


  • Microsoft, Intel and National Oilwell Varco Have High Dividend Yields in Bill Nygren's Portfolio

    Bill Nygren (Trades, Portfolio) is portfolio manager of The Oakmark Fund, The Oakmark Select Fund and the Oakmark Global Select Fund. Nygren and his partners invest in companies they believe trade at a substantial discount to what they consider to be the true business value.


    National Oilwell Varco Inc. (NOV)

      


  • Insiders Sell Twitter and Cannabis Science, Buy DSW and WhiteHorse

    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/All Insider Selling to “$1,000,000+” and duration to "November 2015" and “December 2015.”


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

      


  • Robert Olstein Sells Stake in Macy's

    Although some people invest in a company based on its name, stock investing is primarily about the numbers. Robert Olstein (Trades, Portfolio) of Olstein Capital Management likes to look behind the numbers of a company’s financial statement to evaluate the financial strength of a company and any risk involved in investing in it.


    The strategy has been successful. The Olstein All Cap Value Fund registered returns exceeding 15% in 2014.

      


  • Guru Stocks at 52-Week Lows

    According to GuruFocus list of 52-week lows, these Guru stocks have reached their 52-week lows.


    Baxter International Inc. reached the 52-week low of $33.30

      


  • Robert Olstein Sells Jones Lang LaSalle, Deere & Co. in Second Quarter

    Robert A. Olstein is the chairman and CIO of the Olstein Financial Alert Fund (OFALX). His portfolio is composed of 121 stocks with a total value of $962 million. During the second quarter he reduced 25 of his existing stakes and sold out five of them. The following are the five stakes he sold out.


    He sold out his stake in Jones Lang LaSalle Inc. (JLL) with an impact of 0.66% on his portfolio.

      


  • Activist Hedge Fund Manager Edward Lampert Increases Stake in Lands’ End

    Edward S. Lampert of Sears Holding (NASDAQ:SHLD) disclosed on Sept. 25 that he increased his stake in Lands’ End Inc. (NASDAQ:LE) by purchasing an additional 299,878 shares.


    After the transactions, the trader held 9.03 million shares. The stock has dropped 35.65% over the past year and traded around $26.84 per share Monday morning, which was near its June 2014 price.

      


  • Olstein Funds 2015 Annual Letter to Shareholders

    For the fiscal year ended June 30, 2015, Class C shares of the Olstein All Cap Value Fund appreciated 9.24%. During the same twelve month period, the S&P 500® Index appreciated 7.42% and the Russell 3000® Index appre-ciated 7.29%. For the three-year period ended June 30, 2015, Class C shares of the Olstein All Cap Value Fund had an average annual return of 18.35% compared to annualized total returns of 17.31% for the S&P 500® Index and 17.73% for the Russell 3000® Index.

      


  • Dillards Is Worth Investigating After Falling 36%

    Dillards (NYSE:DDS) is a clothing retailer that also sells cosmetics, fashion accessories and home furnishings. It operates 297 stores in 29 states, primarily in the Southwest, Southeast, and Midwest regions of the United States along with an online store. The stock has recently fallen 36% from its high of $141/share to the current price of $90/share.


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  • Avery Dennison Reported Another Solid Quarter

    In this article, let's take a look at Avery Dennison Corporation (NYSE:AVY), a $5.31 billion market cap company that is a leading worldwide manufacturer of pressure-sensitive adhesives and materials, labels and retail systems.


    A principal player

      


  • Robert Olstein Adds to Stake in Keysight Technologies

    It is likely that no other guru we follow knows as much about corporate financial disclosure and reporting practices as Robert Olstein (Trades, Portfolio), chairman and CIO of the Olstein Financial Alert Fund, and he uses that knowledge to effectively choose investment opportunities. His Olstein All Cap Value Fund recorded returns of 15.03% last year, 36.41% in 2013 and 15.3% in 2012.


    Olstein’s most significant second-quarter purchase was his acquisition of 276,000 shares of Keysight Technologies Inc. (NYSE:KEYS), a Santa Rosa, Calif., electronics company, for an average price of $34.22 per share. The transaction had a 0.9% impact on Olstein’s portfolio.

      


  • Guru Stocks at 52-Week Lows: XOM, WMT, PG, RDS.B, CVX

    According to GuruFocus list of 52-week lows, these Guru stocks have reached their 52-week lows.


    Exxon Mobil Corporation reached the 52-week low of $78.77

      


  • Investors Are Throwing Good Money at Bad Stocks – Bob Olstein

    Value investor Robert Olstein thinks that a lot of investors are throwing money at the wrong stocks.

    He has a couple of very good companies in mind that he thinks are worth owning.

    One is GM (NYSE:GM) which he thinks is just completely mispriced by the market today. He points to the company's cleaned up balance sheet and pessimistic valuation for reasons to own it.

    He also likes Dillards (NYSE:DDS) which he thinks is worth $140 per share which is 40% above its current share price. He points to Dillards' 10% cash flow yield which is hidden by depreciation exceeding capital spending requirements on the income statement.

    Here is the entire interview with Olstein:

      


  • Guru Stocks at 52-Week Lows: XOM, WMT, PG, BABA, PTR

    According to GuruFocus list of 52-week lows, these Guru stocks have reached their 52-week lows.


    Exxon Mobil Corporation reached the 52-week low of $76.83

      


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