Sarah Ketterer has been the chief executive officer of Causeway Capital Management since June 2001. She focuses on global equities: International, global, and emerging market. Ketterer and her team begin with a screen of both large and mid-sized companies in the developed international markets.
Mobile TeleSystems PJSC (MBT)
She holds 940,522 shares of Mobile TeleSystems β 0.14% of her total assets. It was a new stock in her portfolio in Q4 2014. In the last two quarters she increased her stake by 7.26% and 3.50%.
The company has a market cap of $6.33 billion and provides telecommunications services including voice and data transmission, Internet access, pay TV, various value-added services through wireless and fixed lines as well as selling equipment and accessories.
The stock offers a dividend payout ratio of 107%, a growth rate of 3.90% over the last five years and a dividend yield of 12.46%. Its dividend growth rates over the past five years and three years are 3.90% and 13.00%.
Mobile TeleSystems also has the following five-year growth rates: 4.70% for revenue, 5.40% for EBITDA and 10.80% for book value.
In the last quarter Howard Marks reduced his stake by 91.95%, and Jeremy Grantham increased his stake by 32.82%. The stock did not lose its position and nor get a new position in any portfolio.
China Yuchai International Ltd. (CYD)
She holds 66,200 shares of China Yuchai β 0.02% of her total assets. Ketterer established a position in this company in 2012; in the last three quarters she has been reducing her stake. This quarter she reduced it by 20.34%.
The company has a market cap of $423 million and produces light-duty, medium-duty to heavy-duty diesel engines, engine parts and components, diesel-powered generators, industrial engines, marine engines and natural gas engines to meet needs across different sectors.
The stock offers a dividend payout ratio of 50%, a growth rate of 51.30% over the last five years and a dividend yield of 9.89%. Its dividend growth rates over the past five years and three years are 51.30% and 33.20%.
China Yuchai also has the following five-year growth rates: 4.80% for revenue, 3.10% for EBITDA and 12.50% for book value.
During the last quarter Francis Chou increased his stake by 187.29%, Charles Brandes reduced his stake by 5.58%, and Jim Simons acquired a new position. The stock did not lose its position in any portfolio in this quarter.
Rio Tinto PLCΓ (RIO)
She holds 300,978 shares of Rio Tinto β 0.20% of her total assets. It has had a long-term position in her portfolio since 2012 and then lost its position in the second quarter. This quarter she made it a new buy.
The company has a market cap of $52.1 billion and is an international mining group that is engaged in finding, mining and processing the Earth's mineral resources.
The stock offers a dividend payout ratio of 132%, a growth rate of 30% over the last five years and a dividend yield of 7.73%. Its dividend growth rates over the past five years and three years are 30% and 16.10%.
Rio Tinto also has the following five-year growth rates: 0.70% for revenue and 0.90% for book value. It has a negative rate of 10.90% for EBITDA.
During the last quarter PRIMECAP Management reduced its stake by 16.28%, and Joel Greenblatt increased his stake by 20.74%. Paul Tudor Jones acquired a new position in the company, and Mario Gabelli sold out his stake.
Vedanta Ltd. (VEDL)
She holds 49,075 shares of Vedanta Ltd. β 0.01% of her total assets. This is a new stock in her portfolio. It Γ was established in the second quarter, and this quarter she reduced her stake by 9.41%.
Vedanta has a market cap of $3.55 billion; along with its subsidiaries it is a diversified natural resource company engaged in exploring, extracting and processing minerals and oil and gas.
The stock offers a dividend payout ratio of 18%, a negative growth rate of 2.60% over the last five years and a dividend yield of 7.59%. Its dividend growth rates over the past five years and three years have negative rates of 2.60% and 14.00%.
Vedanta also has the following five-year growth rates: 24.50% for revenue and 13.40% for book value. It has a negative rate of 20.20% for EBITDA.
In the last quarter just two investors traded Vedanta βΓ Jim Simons acquired a new position and Ketterer reduced her stake.
CNOOC Ltd. (CEO)
She holds 165,121 shares of CNOOC Ltd. β 0.34% of her total assets. The stock has been in the portfolio since 2012; in the last two quarters she increased her stake by 47.55% and 48.98%.
The company has a market cap of $44.35 billion, and its subsidiaries are engaged in the exploration, development, production and sale of crude oil, natural gas and other petroleum products.
The stock offers a dividend payout ratio of 47%, a growth rate of 7.60% over the last five years and a dividend yield of 7.34%. Its dividend growth rates over the past five years and three years are 7.60% and 4.10%.
CNOOC Ltd. also has the following five-year growth rates: 15.00% for revenue, 13.10% for EBITDA and 19.50% for book value.
During the last quarter David Dreman reduced his stake by 70.74%, Manning & Napier Advisors Inc. increased its stake by 3.84%. Steven Cohen acquired a new position in the company, and Caxton Associates exited its stake.
HSBC Holdings PLCΓ (HSBC)
She holds 655,128 shares of HSBC Holdings β 0.50% of her total assets. The stock has been in her portfolio since 2013; in the last two quarters she increased her stake by 32.51% and 31.04%.
The company has a cap of $147.81 billion and provides banking and financial services through four segments, including Retail Banking and Wealth Management, Commercial Banking, Global Banking and Markets and Global Private Banking.
The stock offers a dividend payout ratio of 65%, a growth rate of 15.20% over the last five years and a dividend yield of 6.60%. Its dividend growth rates over the past five years and three years are 15.20% and 24.40%.
HSBC Holdings also has the following five-year growth rates: 6.60% for EBITDA and 5.80% for book value. It has a negative rate of 3.50% for revenue.
During the last quarter David Dreman reduced his stake by 70.77%, and Ken Fisher increased his stake by 4.49%. The stock did not lose its position nor acquired a new position in any portfolio.
Microsoft Corp. (MSFT)
She holds 3,908,634 shares of Microsoft Γ β 4.29% of her total assets. The position was established in 2012. The investor mostly had been increasing her stake rather than reducing it. Two times she reduced her stake below 1% while three times she increased her stake above 30%. This quarter she increased her stake by 31.51%.
The company has a market cap of $431.83 billion; it generates revenue by developing, manufacturing, licensing and supporting software products and services for different types of computing devices.
The stock offers a dividend payout ratio of 83%, a growth rate of 18.90% over the last five years and a dividend yield of 2.35%. Its dividend growth rates over the past five years and three years are 18.90% and 16.80%.
Microsoft also has the following five-year growth rates: 9.50% for revenue, 1.20% for EBITDA and 14.50% for book value.
In the third quarter Eric Mindich increased his stake by 21.62%, and Jeremy Grantham reduced his stake by 15.90%. Jana Partners acquired a new position in the company, and Paul Tudor Jones exited his position.
