Adirondack Research & Management Inc. Buys Patterson Inc, Office Depot Inc, GrafTech International, Sells Cleveland-Cliffs Inc, Renewable Energy Group Inc, Triumph Group Inc

Author's Avatar
Feb 11, 2020
Article's Main Image
Guilderland, NY, based Investment company Adirondack Research & Management Inc. (Current Portfolio) buys Patterson Inc, Office Depot Inc, GrafTech International, Third Point Reinsurance, Houghton Mifflin Harcourt Co, sells Cleveland-Cliffs Inc, Renewable Energy Group Inc, Triumph Group Inc, Lydall Inc, MGIC Investment Corp during the 3-months ended 2019Q4, according to the most recent filings of the investment company, Adirondack Research & Management Inc.. As of 2019Q4, Adirondack Research & Management Inc. owns 87 stocks with a total value of $115 million. These are the details of the buys and sells.

For the details of Adirondack Research & Management Inc.'s stock buys and sells, go to https://www.gurufocus.com/guru/adirondack+research+%26+management+inc./current-portfolio/portfolio

These are the top 5 holdings of Adirondack Research & Management Inc.
  1. Office Depot Inc (ODP) - 1,718,508 shares, 4.09% of the total portfolio. Shares added by 49.58%
  2. Mr. Cooper Group Inc (COOP) - 317,104 shares, 3.45% of the total portfolio. Shares reduced by 11.01%
  3. National Western Life Group Inc (NWLI) - 13,465 shares, 3.40% of the total portfolio. Shares reduced by 2.19%
  4. Celestica Inc (CLS) - 463,432 shares, 3.33% of the total portfolio. Shares reduced by 2.15%
  5. Ardmore Shipping Corp (ASC) - 409,138 shares, 3.22% of the total portfolio.
New Purchase: Patterson Companies Inc (PDCO)

Adirondack Research & Management Inc. initiated holding in Patterson Companies Inc. The purchase prices were between $16.51 and $23.51, with an estimated average price of $18.99. The stock is now traded at around $23.12. The impact to a portfolio due to this purchase was 2.73%. The holding were 153,221 shares as of .

New Purchase: GrafTech International Ltd (EAF)

Adirondack Research & Management Inc. initiated holding in GrafTech International Ltd. The purchase prices were between $11.03 and $14.5, with an estimated average price of $12.58. The stock is now traded at around $10.87. The impact to a portfolio due to this purchase was 1.26%. The holding were 124,504 shares as of .

New Purchase: Third Point Reinsurance Ltd (TPRE)

Adirondack Research & Management Inc. initiated holding in Third Point Reinsurance Ltd. The purchase prices were between $9.25 and $10.52, with an estimated average price of $9.71. The stock is now traded at around $11.50. The impact to a portfolio due to this purchase was 1.11%. The holding were 121,232 shares as of .

New Purchase: Houghton Mifflin Harcourt Co (HMHC)

Adirondack Research & Management Inc. initiated holding in Houghton Mifflin Harcourt Co. The purchase prices were between $4.52 and $6.71, with an estimated average price of $5.85. The stock is now traded at around $6.00. The impact to a portfolio due to this purchase was 1.09%. The holding were 200,402 shares as of .

New Purchase: Callon Petroleum Co (CPE)

Adirondack Research & Management Inc. initiated holding in Callon Petroleum Co. The purchase prices were between $3.58 and $4.83, with an estimated average price of $4.14. The stock is now traded at around $2.87. The impact to a portfolio due to this purchase was 0.89%. The holding were 212,450 shares as of .

New Purchase: Brixmor Property Group Inc (BRX)

Adirondack Research & Management Inc. initiated holding in Brixmor Property Group Inc. The purchase prices were between $19.96 and $22.71, with an estimated average price of $21.39. The stock is now traded at around $20.68. The impact to a portfolio due to this purchase was 0.66%. The holding were 35,045 shares as of .

Added: Office Depot Inc (ODP)

Adirondack Research & Management Inc. added to a holding in Office Depot Inc by 49.58%. The purchase prices were between $1.68 and $2.74, with an estimated average price of $2.24. The stock is now traded at around $2.47. The impact to a portfolio due to this purchase was 1.36%. The holding were 1,718,508 shares as of .

Added: Cerence Inc (CRNC)

Adirondack Research & Management Inc. added to a holding in Cerence Inc by 1072.11%. The purchase prices were between $13.85 and $22.63, with an estimated average price of $16.46. The stock is now traded at around $22.26. The impact to a portfolio due to this purchase was 0.69%. The holding were 37,988 shares as of .

Added: O-I Glass Inc (OI)

Adirondack Research & Management Inc. added to a holding in O-I Glass Inc by 33.26%. The purchase prices were between $8.5 and $11.93, with an estimated average price of $10. The stock is now traded at around $13.47. The impact to a portfolio due to this purchase was 0.67%. The holding were 260,822 shares as of .

Added: Lazard Ltd (LAZ)

Adirondack Research & Management Inc. added to a holding in Lazard Ltd by 32.03%. The purchase prices were between $33.95 and $39.96, with an estimated average price of $37.88. The stock is now traded at around $43.42. The impact to a portfolio due to this purchase was 0.63%. The holding were 74,791 shares as of .

Added: Vonage Holdings Corp (VG)

Adirondack Research & Management Inc. added to a holding in Vonage Holdings Corp by 29.80%. The purchase prices were between $7.08 and $10.73, with an estimated average price of $8.58. The stock is now traded at around $9.01. The impact to a portfolio due to this purchase was 0.56%. The holding were 390,083 shares as of .

Added: Genworth Financial Inc (GNW)

Adirondack Research & Management Inc. added to a holding in Genworth Financial Inc by 23.20%. The purchase prices were between $3.84 and $4.79, with an estimated average price of $4.2. The stock is now traded at around $3.88. The impact to a portfolio due to this purchase was 0.4%. The holding were 556,541 shares as of .

Sold Out: Cleveland-Cliffs Inc (CLF)

Adirondack Research & Management Inc. sold out a holding in Cleveland-Cliffs Inc. The sale prices were between $6.76 and $8.86, with an estimated average price of $7.7.

Sold Out: Lydall Inc (LDL)

Adirondack Research & Management Inc. sold out a holding in Lydall Inc. The sale prices were between $18.17 and $24.75, with an estimated average price of $20.63.

Sold Out: Carrizo Oil & Gas Inc (CRZO)

Adirondack Research & Management Inc. sold out a holding in Carrizo Oil & Gas Inc. The sale prices were between $6.34 and $8.32, with an estimated average price of $7.43.

Sold Out: Investors Real Estate Trust (IRET)

Adirondack Research & Management Inc. sold out a holding in Investors Real Estate Trust. The sale prices were between $71.74 and $78.91, with an estimated average price of $74.72.

Sold Out: Aramark (ARMK)

Adirondack Research & Management Inc. sold out a holding in Aramark. The sale prices were between $41.99 and $45.12, with an estimated average price of $43.5.

Sold Out: Scorpio Tankers Inc (STNG)

Adirondack Research & Management Inc. sold out a holding in Scorpio Tankers Inc. The sale prices were between $29.91 and $39.34, with an estimated average price of $34.36.



Here is the complete portfolio of Adirondack Research & Management Inc.. Also check out:

1. Adirondack Research & Management Inc.'s Undervalued Stocks
2. Adirondack Research & Management Inc.'s Top Growth Companies, and
3. Adirondack Research & Management Inc.'s High Yield stocks
4. Stocks that Adirondack Research & Management Inc. keeps buying