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Arnold Van Den Berg's Top Second Quarter Increases

Monica Wolfe

Monica Wolfe

127 followers
During the second quarter Arnold Van Den Berg increased his holdings in six companies. The following four companies reported the largest increases.

Layne Christensen Company (LAYN)


During the second quarter Van Den Berg increased his holdings in Layne Christensen by 199.51%. The guru purchased a total of 1,293,544 shares at an average price of $20.31 per share. Van Den Berg now holds a total of 1,941,920 shares of Layne Christensen, representing 11.9% of the company’s shares outstanding and 3.9% of his total portfolio.

Arnold Van Den Berg’s holding history of Layne Christensen as of the first quarter:



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:

1373562860949.png

The analysis on Layne Christensen reports:

· The revenue has declined in the past year.

· The company has issued $64.45 million of debt in the past there years.

· The gross margin has been in a long-term decline. The average rate of decline per year is -5.9%.

Layne Christensen has a market cap of $397.6 million; its shares were traded at around $20.29 with a P/E ratio of 28.60 and a P/S ratio of 0.40.
Mario Gabelli also recently upped his holdings in LAYN. There are a total of four gurus that hold a stake in Layne Christensen. Click here to see their holding histories.

Newmont Mining Corporation (NEM)

Van Den Berg increased his holdings in Newmont Mining Corporation by 68.01% during the second quarter. The guru bought a total of 675,225 shares of Newmont at an average price of $30 per share. Since his addition, the price per share has dropped an additional $4.00 per share. Van Den Berg now holds 1,668,084 shares of Newmont Mining representing 0.34% of the company’s shares outstanding and 5.1% of his portfolio weighting as of June 30.

Arnold Van Den Berg’s holding history as of the first quarter:



Newmont Mining Corporation is primarily a gold producer with significant assets or operations in the U.S., Australia, Peru, Indonesia, Ghana, New Zealand and Mexico. Newmont is one of the world’s largest gold producers and is the only gold company included in the S&P 500 Index and Fortune 500.

Newmont’s historical price, revenue and net income:

1373569451410.png

The analysis on Newmont reports:

· The company’s assets are growing faster than its revenue.

· The company’s revenue has been in decline over the past year.

· The operating margin is expanding.

· The dividend yield for the company is near a 10-year high.

Newmont’s P/E, P/B and P/S ratios are at 10-year lows.

Newmont Mining Corp. has a market cap of $13.89 billion; its shares were traded at around $27.74 with a P/E ratio of 8.50 and a P/S ratio of 1.50. The dividend yield for Newmont is at 5.30%. The company had an annual average earnings growth of 12.5% over the past ten years.

There are currently
19 gurus that hold a stake in Newmont. Click here to see their holding histories.

Comstock Mining (LODE)

Arnold Van Den Berg upped his stake in Comstock Mining 52.07% during the second quarter. The guru added a total of 2,018,990 shares at an average price of $1.85. Since his buy, the price per share has dropped approximately 8% from his average purchase price. Van Den Berg currently holds on to 5,897,801 shares of Comstock, representing 12.15% of the company’s shares outstanding and 1% of his total portfolio.

Van Den Berg’s holding history as of the first quarter:



Comstock Mining is a producing, Nevada-based, gold and silver mining company with extensive, contiguous property in the Comstock and Silver City mining districts. The Company also owns and operates the Gold Hill Hotel, three related cottages, two related rental homes and a meeting hall.

Comstock’s historical price, revenue and net income:

1373571436961.png

The analysis on Comstock reports:

· The revenue has been in decline for the past five years.

· The company has issued $9.076 million of debt in the past three years.

· The price is sitting near a 2-year low of $1.65.

· The P/S ratio is at a 5-year low.

Comstock Mining has a market cap of $78.4 million; its shares were traded at around $1.85 with a P/S ratio of 99.30.
Arnold Van Den Berg and Chuck Royce are the only gurus that maintain holdings in LODE. Click here to see their holding histories.

Cohu (COHU)

The last significant increase Van Den Berg made during the second quarter was Cohu Inc. Van Den Berg upped his holdings 33.58%, adding a total of 24,985 shares. These shares traded at an average price of $10.42 per share. Since his most recent buy, the price per share has jumped approximately 25.6%. The guru now holds on to 99,392 shares of Cohu, representing 0.40% of the company’s shares outstanding and 0.13% of his total portfolio.

Van Den Berg’s holding history of Cohu:



Cohu is a supplier of test handling, burn-in, thermal subsystems and MEMS test solutions used by the global semiconductor industry as well as a supplier of microwave communications and video equipment.

Cohu’s historical price, revenue and net income:

1373572551478.png

The analysis on Cohu reports:

· The company has no debt.

· The revenue has been in decline for the past year.

· The dividend yield is close to a 2-year low.

· The price is nearing a 2- year high of $13.35.

· The P/S ratio is at a 2-year high.

Cohu has a market cap of $320.9 million; its shares were traded at $13.09 with a P/S ratio of 1.40. The dividend yield of Cohu stocks is 1.80%.
Arnold Van Den Berg, John Keeley and Chuck Royce hold a stake in COHU. Click here to see their holding histories.

Van Den Berg also made minor increases to his holdings in Heidrick & Struggles International (HSII) as well as Walter Investment Management Corp. (WAC).

Click here to look at Arnold Van Den Berg’s most recent portfolio changes. Also check out his top growth companies, high yielding stocks and undervalued stocks.

Rating: 1.8/5 (4 votes)

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