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What the Gurus Did This Week - Weekly Update on Guru Real Time Activity

Monica Wolfe

Monica Wolfe

132 followers
The following information is a highlight of the real-time guru activity we saw this week. To view more information on these gurus, check out their guru portfolios.

Mohnish Pabrai

This week GuruFocus real-time picks has reported three increases of Pabrai’s holdings in Horsehead Holdings (ZINC).

Pabrai’s first increase came on June 21 when he increased his holdings by 8.26%. Pabrai bought a total of 173,092 shares at a price of $12.13 per share. Since this buy, the price per share has gone up approximately 2%.

Pabrai’s second increase came on June 24. The guru increased his holdings an additional 8.54%, adding a total of 193,757 shares. Pabrai bought these shares at an average price of $12.04 per share. Since his second buy, the price per share has gone up approximately 2%.

Most recently, Pabrai increased his position in Horsehead for a third time this week, and increased his position another 8.63%. Pabrai bought 212,553 shares at $12.06 per share. As of his most recent buy, Pabrai holds on to a total of 2,674,683 shares of ZINC.

Pabrai’s holding history of Horsehead as of March 31:



Horsehead is the largest zinc producer in the U.S. and the leading manufacturer of value-added zinc products including zinc oxide and zinc powder.

Horsehead’s historical price, revenue and net income:

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Horsehead Holding Corp. has a market cap of $548.5 million; its shares were traded at around 12.80 with a P/S ratio of 1.30.

Mario Gabelli

Gabelli had a busy week this week as he increased his holdings in four companies.

Gabelli increased his position in Lufkin (LUFK) on June 21 by 13.77%. The guru added 265,198 shares at $88.48 per share. Gabelli now owns 2,191,618 shares of Lufkin representing 6.5% of the company’s shares outstanding.

Gabelli’s holding history of Lufkin as of March 31:



Lufkin Industries is an oilfield and power transmission company based out of Lufkin, Texas. The company designs, manufactures and services a broad suite of Artificial Lift and Automation services to optimize and extend the production life of wells. The company also designs, manufactures and services precision speed increasing gearboxes and specialized bearings for the energy industry.

Lufkin’s historical price, revenue and net income:

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Lufkin has a market cap of $3 billion; its shares were traded at around $88.47 with a P/E ratio of 33.30 and P/S ratio of 2.30. The company had an annual average earnings growth of 14.5% over the past 10 years. GuruFocus rated Lufkin the business predictability rank of 2.5-star.

On June 26, Gabelli increased his holdings in three more companies: Exactech, Layne Christensen and Twin Disc.

Mario Gabelli upped his holdings in Exactech (EXAC) this week by 7.42% as he added 47,609 shares to holdings. He bought these shares at $18.84 per share, and since his buy the price per share is up approximately 1%. Gabelli currently holds 689,617 shares of Exactech, representing 5.17% of the company’s shares outstanding.

Gabelli’s holding history of Exactech as of March 31:



Exactech is a developer and producer of bone and joint restoration products for hip, knee, shoulder, spine and biologic materials.

Exactech’s historical price, revenue and net income:

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Exactech has a market cap of $258 million; its shares were traded at around $19.50 with a P/E ratio of 19.60 and a P/S ratio of 1.10. The company had an annual average earnings growth of 8.9% over the past 10 years. GuruFocus rated Exactech the business predictability rank of 5-star.

Gabelli increased his holdings in Twin Disc (TWIN) by 5.96% this week. The guru added a total of 43,133 shares at an average price of $22.72 per share. Since his buy, the price per share is up approximately 3%. Gabelli now holds 766,996 shares of Twin Disc, representing 6.82% of the company’s shares outstanding.

Gabelli’s holding history of Twin Disc as of the end of the first quarter:



Twin Disc designs, manufactures and sells marine and heavy-duty off-highway power transmission equipment. The Company sells its products to customers primarily in the pleasure craft, commercial and military marine markets, as well as in the energy and natural resources, government and industrial markets.

Twin Disc’s historical price, revenue and net income:

1372453452683.png

Twin Disc has a market cap of $252.2 million; its shares were traded at around $23.14 with a P/E ratio of 59.10 and a P/S ratio of 0.90. The dividend yield for Twin Disc stocks is 1.50%. The company had an annual average earnings growth of 20% over the past 10 years.

Gabelli made his largest increase in Layne Christensen (LAYN) this week as he upped his holdings by 10.37%. The guru bought a total of 164,300 shares at an average price of $19.32 per share. Since his buy, the price per share is up about 1%. Gabelli currently owns 1,748,162 shares of Layne Christensen, representing over 8% of the company’s shares outstanding.

Gabelli also increased his holdings in LAYN by 11.87% in April.

Gabelli’s holding history of Layne Christensen as of March 31:



Layne is a global water management, construction and drilling company, providing solutions to the world of essential natural resources—water, mineral and energy. The company provides sustainable products and services with an “enduring commitment to safety, excellence and integrity.”

Layne Christensen’s historical price, revenue and net income:

1372453702109.png

Layne Christensen has a market cap of $379.7 million; its shares were traded at around $19.27 with a P/E ratio of 27.40 and a P/S ratio of 0.40.

You can view Mario Gabelli’s current portfolio here. Also check out the Guru Real Time Picks where you can see the stock purchases and sales that Gurus have made within the past 2 weeks.

Richard Blum

Richard Blum has continued his reduction of his holdings of Career Education Corporation (CECO).

On June 21, Blum reduced his holdings by 1.97%. The guru sold a total of 164,000 shares at $2.69 per share. Since his sell, the price per share has increased approximately 12%. Despite his recent decreases in his holdings on CECO, the guru still maintains 8,143,623 shares of Career Education representing 12.13% of the company’s shares outstanding.

Richard Blum’s holding history of CECO as of March 31:



Career Education Corporation offers educational services to a diverse student population of over 116,000 students across the world in a variety of career-oriented disciplines. The approximately 90 campuses that serve these students are located throughout the U.S. and in France, Italy and the UK, and offer doctoral, master's, bachelors and associate degrees and diploma and certificate programs.

Career Education’s historical price, revenue and net income:

1372454483623.png

Career Education Corporation has a market cap of $184.8 million; its shares were traded at around $2.90 with a P/E ratio of 15.90 and a P/S ratio of 0.14.

You can view the complete list of Guru Real Time activity here. Also, if you haven’t tried the GuruFocus premium membership, try a free 7-day trial here.


Rating: 2.4/5 (8 votes)

Comments

BEL-AIR
BEL-AIR - 1 year ago
Monica or anyone else who can answer this question...

How can you see what Prabrai is buying if he has not released this quarter 13f yet for these buys? This is something I always wondered about.

So how is this possible? you mean to say you can get the guru picks in near real time before they submit their recent 13f?

The last I knew he had 2,095,281 shares in ZINC...

But you say Monica he has 2,674,683 shares of ZINC...


How can gf can these real time pics before the published 13f's or am I missing something or don't know something?

This would be amazing if it were true since I did not know this was possible... Is this true of all the guru picks in almost real time then?

Thank you.
BEL-AIR
BEL-AIR - 1 year ago
Unless of course this is a 5% stake or more then under sec regulations he must report in about 10 days... Now is the 5% stake they talk about 5% of his Prabrai fund or 5% of the market cap of zinc for example. Now it would appear to be about a 6% of his fund so perhaps this is what it is.

Just looked it is over 5% of the market cap of zinc as well though.

Please leave your comment:


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