Arnold Van Den Berg Buys 7 Stocks in Q3

Author's Avatar
Oct 06, 2014
Article's Main Image

Founder of Century Management Arnold Van Den Berg (Trades, Portfolio) hunts for low-priced stocks and drew attention last quarter for his foray into mining companies. The Market Vector Gold Miners ETF (GDX, Financial) lost half its value over the past five years. Year to date it has declined by 1.3% after a brief rally.

03May20171350361493837436.png

In the third quarter, Van Den Berg added to only one of his miners, Seabridge Gold Inc. (SA), boosting the stake by 34%. He launched seven new positions, making his portfolio total 82 holdings, valued at $1 billion.

The top new buys were: Chicago Bridge & Iron Company (CBI, Financial), Post Holdings Inc. (POST, Financial), Exelon Corp (EXC, Financial), InnerWorkings Inc. (INWK, Financial) and Intergroup Corp (INTG, Financial).

Chicago Bridge & Iron Company (CBI, Financial)

Van Den Berg purchased 362,960 shares of Chicago Bridge, which had a quarterly average share price of $63. The holding takes a 2.1% portion of the portfolio.

03May20171350361493837436.png

Chicago Bridge & Iron Company was founded in 1889. It provides conceptual design, technology, engineering, procurement, fabrication, construction and commissioning services to customers in the energy, petrochemical and natural resource industries. Chicago Bridge & Iron Company has a market cap of $5.82 billion; its shares were traded at around $54.38 with a P/E ratio of 10.90 and P/S ratio of 0.50. The dividend yield of Chicago Bridge & Iron Company stocks is 0.50%. Chicago Bridge & Iron Company had an annual average earnings growth of 24.30% over the past 10 years. GuruFocus rated Chicago Bridge & Iron Company the business predictability rank of 2.5-star.

Post Holdings Inc. (POST, Financial)

Van Den Berg purchased 500,410 shares of Post Holdings, which had an average price of $41. The holding represents 1.6% of the portfolio.

03May20171350371493837437.png

Post Holdings Inc. was incorporated in the state of Missouri. Post Holdings Inc. has a market cap of $1.52 billion; its shares were traded at around $33.83 with and P/S ratio of 0.80.

Exelon Corp (EXC, Financial)

Van Den Berg purchased 366,200 shares of Exelon Corp, whose price averaged $33 in the quarter. The holding is 1.2% of the portfolio.

03May20171350371493837437.png

Exelon Corp, a public utility holding company, operates through its principal subsidiaries- ComEd, PECO and Generation. Exelon Corp has a market cap of $30.24 billion; its shares were traded at around $34.88 with a P/E ratio of 16.30 and P/S ratio of 1.20. The dividend yield of Exelon Corp stocks is 3.50%. Exelon Corp had an annual average earnings growth of 0.70% over the past 10 years.

InnerWorkings Inc. (INWK, Financial)

He purchased 484,308 shares of InnerWorkings Inc. in the quarter, whose average price was $8 per share. The holding is 0.39% of the portfolio.

03May20171350381493837438.png

InnerWorkings Inc. is a provider of print and promotional procurement solutions, serving corporate clients across a wide range of industries. InnerWorkings Inc. has a market cap of $409.500 million; its shares were traded at around $7.95 with and P/S ratio of 0.40. InnerWorkings Inc. had an annual average earnings growth of 14.30% over the past 10 years.

Intergroup Corp (INTG, Financial)

He purchased 43,400 shares of Intergroup Corp in the quarter for $19 per share on average. The stock comprises 0.083% of his portfolio.

03May20171350381493837438.png

InterGroup Corporation is incorporated in the state of Delaware, which was formed in 1985. The Intergroup Corp has a market cap of $46.000 million; its shares were traded at around $19.26 with and P/S ratio of 0.70.

See more Van Den Berg stocks in his portfolio here. Not a Premium Member of GuruFocus? Try it free for 7 days here.