NWQ Managers Takes Stake in Homebuilding, Health Care Companies

Prices of Taylor Morrison Home and Cigna have dropped recently

Author's Avatar
Dec 12, 2015
Article's Main Image

NWQ Managers (Trades, Portfolio) is led by a senior investment team with an average of 19 years of analytical experience. In May 2002, NWQ was purchased by Nuveen Investments, however, they have still kept the name NWQ, and remain as a sister company to Nuveen.

NWQÂ has purchased two new holdings in the third quarter of 2015. They have acquired 2,304,728 shares of Taylor Morrison Home Corp. (TMHC, Financial) and 299,585 shares of Cigna Corp. (CI, Financial).

02May2017184913.png

Taylor Morrison Home is a company that builds custom family homes and also provides financing programs for the homes that they build.

Taylor Morrison Home has a market cap of $1.94 billion, a P/E of 10.28, an enterprise value of $4.89 billion, a P/S ratio of 0.64 and a quick ratio of 1.02.

Below is a Peter Lynch chart for Taylor Morrison Home.

02May2017184914.png

Taylor Morrison Home has an industry advantage of experience because they have been in business since 1936. Taylor Morrison is also at a three-year low in terms of its price, which is also a good sign.

Below is the price movement for Cigna.

02May2017184914.png

Cigna Corp. was incorporated in Delaware in 1981. The company primarily focuses on health services as well as insurance that are providers of medical, dental, disability, life and accident insurance. Cigna sells various health care packages to businesses and individuals including medical supplement insurance, Cigna Healthspring Rx, which helps reduce the costs of drugs, and Cigna Healthspring, which provides healthcare benefits that Medicare doesn’t offer.

Cigna has a market cap of $36.2 billion, a P/E ratio of 17.18, and enterprise value of $37.56 billion and dividend yield of 0.03%.

Below is a Peter Lynch chart for Cigna.

02May2017184914.png

Cigna has good financial strength, as their cash to debt ratio is 0.46.

Cigna has also taken nearly a 20% decrease in price from June 22 to Sept. 30, making the company more attractive to buy holdings.

Cigna offers a variety of healthcare, insurance, and dental care to their patients enabling for multiple streams of revenue.

Cheers to your investment success.