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The American Way - Micro Caps

September 12, 2013 | About:
Sally Jones

Sally Jones

49 followers
Bronx-born investing phenom Mario Gabelli, GAMCO Investors’ chairman and CEO, has a portfolio supportive of micro cap companies. Small companies and new ventures can be seen as an inspiration, reminding us of our freedom to create anything starting from scratch. Micro-cap businesses, the individuals who start them, and the investors who believe in them, are the best reminders that the U.S. is a land where dreamers and doers thrive.

The recently updated portfolio of GAMCO Investors has 799 stocks, 50 of them new, with a total value of $15.9 billion. The firm has a quarter-over-quarter turnover of 4%. Here's a detailed look at four micro cap companies in the GAMCO portfolio.



LGL Group Inc. (LGL) – Market Cap $15 Million

LGL Group Inc. is down 4% over 12 months. The company has a market cap of $15 million; its trades with a P/B ratio of 0.60.

Incorporated in 1928, LGL Group Inc. is a producer of industrial and commercial products and services and is currently focused on the design and manufacture of highly-engineered electronic components and subsystems. The company operates through its main subsidiary, M-tron Industries Inc.

Guru Mario Gabelli had increased his position by 596.76% in the second quarter, but reduced it by 72.56% as of Aug. 6, 2013, leaving current shares at 244,261. In ten quarters of trading, Gabelli has averaged a loss of 22% on 7,725,102 shares bought at an average price of $7.39 per share.

Jim Simons is the other Guru stakeholder. Check out his increase of 478.43% in the second quarter of 2013.

Historical share pricing, revenue and net income:

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Eastern Co. (EML) - Market Cap $96.49 Million

Eastern Co. is down 16% over 12 months. The company has a market cap of $96.49 million; its trades at around $15.55 with a P/E ratio of 13.60 and a P/B ratio of 1.30.

Incorporated in 1912, Eastern Co. is a manufacturer of industrial hardware, security products and metal castings. It primarily operates in the U.S., Canada, Mexico, Taiwan and China.

Guru Mario Gabelli increased his EML position in the second quarter by 23.75%. He bought 9,500 shares at an average price of $15.54, for a gain of 0.1%. His current shares are at 49,500.

Historical share pricing, revenue and net income:

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As of June 30, 2013, three Gurus hold EML shares.

Dolan Co. (DM) – Market Cap $81.8 Million

Dolan Co. is down 42% over 12 months. The company has a market cap of $81.8 million; its trades at around $2.65 with a P/B ratio of 1.10.

Dolan Co. is a publisher and provider of necessary business information and professional services to the legal, financial and real estate sectors in the United States. It provides companies and professionals in the markets it serves with access to timely, relevant and dependable information and services that enable them to operate effectively in highly competitive and time sensitive business environments.

Guru Mario Gabelli made a new buy in the second quarter of 2013. He bought 30,000 shares at an average price of $1.79, for a gain of 48%. His current shares are at 30,000.

Historical share pricing, revenue and net income:

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A total of four Gurus hold DM as of June 30, 2013.

Canterbury Park Holding Corporation (CPHC) – Market Cap $46.35 Million

Canterbury Park Holding Corporation is up 2% over 12 months. The company has a market cap of $46.35 million; its trades around $11.16 with a P/E ratio of 59.30 and a P/B of 1.70.

Canterbury Park Holding Corporation was incorporated on March 24, 1994. It conducts pari-mutuel wagering operations and hosts unbanked card games at its Canterbury Park Racetrack and Card Casino facility in Shakopee, Minn. The company's pari-mutuel wagering operations include both wagering on thoroughbred and quarter horse races during live meets at the Racetrack each year from May until September and year-round wagering on races held at out-of-state racetracks that are televised simultaneously at the Racetrack.

Guru Mario Gabelli increased his position by 3.18%, as of Sept. 5, 2013, leaving remaining shares at 447,944. Gabelli now holds 10.74% of shares outstanding.

Over his trading history, he averaged a gain of 27% on 189,052 shares bought at an average price of $8.76. On shares sold, he averaged a gain of 45% on 155,832 shares sold at an average price of $7.69 per share.

Gabelli is the only Guru stakeholder as of June 30, 2013.

Historical share pricing, revenue and net income:

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Here’s the rest of Guru Gabelli’s portfolio.







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About the author:

Sally Jones
Sally Jones writes about Real Time Picks. She says, "I truly enjoy watching the Gurus in realtime and telling their story."

Rating: 4.5/5 (2 votes)

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