Arnold Van Den Berg (Trades, Portfolio) acquired 17 new stocks during the fourth quarter. He founded Century Management in 1974. As a value investor and student of Benjamin Graham, Van Den Berg has handily beaten all of the indices. The following are a few of his new buys
He bought 145,130 shares in Jardine Matheson Holdings Ltd. (JMHLY) with an impact of 1.25% on the portfolio. He now holds 0.02% of the company's outstanding shares.
GuruFocus gives the stock a profitability and growth rating of 7 out of 10 with strong returns of ROE 8.32% and ROA 2.40% that are outperforming 70% of the companies in the Global Conglomerates industry. Financial strength has a rating of 8 out of 10, with a cash-to-debt of 0.38 that is below the industry median of 0.96.
The group is the parent company of Jardine Matheson Group. It operates from Hong Kong and provides management services to group companies. Third quarter net earnings per share had a decrease of 17%, unit car sales decreased 20% and motorcycles were down 14%.
Van Den Berg acquired 360,126 shares in CK Hutchison Holdings Ltd. (CKHUY) with an impact of 0.86% on the portfolio.
GuruFocus gives the stock a profitability and growth rating of 8 out of 10 with strong returns of ROE 32.99% and ROA 20.34% that are outperforming 96% of the companies in the Global Conglomerates industry. Financial strength has a rating of 9 out of 10, with a cash-to-debt of 0.47 that is below the industry median of 0.96.
It is a property development and strategic investment company. The company is engaged in the development of residential, commercial and industrial properties in Hong Kong.
He also bought 63,700 shares in Goldcorp Inc. (GG) with an impact of 0.13% on the portfolio.
GuruFocus gives the stock a profitability and growth rating of 6 out of 10 with negative returns of ROE -12.40% and ROA -7.72% that are underperforming 58% of the companies in the Global Gold industry. Financial strength has a rating of 6 out of 10, with a cash-to-debt of 0.12 that is far below the industry median of 1.73.
The company is a gold producer. It is engaged in the operation, exploration, development, and acquisition of precious metal properties in Canada, the U.S., Mexico, and Central and South America. During the third quarter, gold production had an increase of 42% compared to the third quarter of 2014, which highlights the essence of Goldcorp's investment proposition.
First Eagle Investment (Trades, Portfolio) is the largest shareholder of the company among the gurus with 5.12% of outstanding shares, followed by Jim Simons (Trades, Portfolio) with 0.12%, Ray Dalio (Trades, Portfolio) with 0.11%, John Hussman (Trades, Portfolio) with 0.1 and Steven Cohen (Trades, Portfolio) with 0.03%.
Van Den Berg acquired 131,880 shares in Pioneer Energy Services Corp. (PES) with an impact of 0.05% on the portfolio.
GuruFocus gives the stock a profitability and growth rating of 6 out of 10 with negative returns of ROE 33.37% and ROA 14% that are underperforming 78% of the companies in the Global Oil & Gas Drilling industry. Financial strength has a rating of 4 out of 10, with a cash-to-debt of 0.09 that is far below the industry median of 0.21.
The company operates through two operating segments: Drilling Services and Production Services. Its Drilling Services segment provides contract land drilling services to a diverse group of oil and gas exploration and production companies with its fleet of 62 drilling rigs. Third quarter revenues had a decrease of 20% from the second quarter of 2015 and decreased by 61% from the third quarter of 2014.
The company’s largest shareholder among the gurus is Jim Simons (Trades, Portfolio) with 0.97% of outstanding shares, followed by Arnold Van Den Berg (Trades, Portfolio) with 0.2%, Chuck Royce (Trades, Portfolio) with 0.09% and Paul Tudor Jones (Trades, Portfolio) with 0.06%.
Van Den Berg bought 131,880 shares in International Business Machines Corp. (IBM) with an impact of 0.05% on the portfolio.
GuruFocus gives the stock a profitability and growth rating of 8 out of 10 with strong returns of ROE 108.90% and ROA 12.47% that are outperforming 86% of the companies in the Global Information Technology Services industry. Financial strength has a rating of 9 out of 10, with a cash-to-debt of 0.24 that is far below the industry median of 7.12.
The company creates business value for clients and solves business problems through integrated solutions that leverage information technology and knowledge of business processes.
Warren Buffett (Trades, Portfolio) is the largest shareholder of the company among the gurus with 8.35% of outstanding shares, followed by Jeremy Grantham (Trades, Portfolio) with 0.28%, Prem Watsa (Trades, Portfolio) with 0.14%, Ruane Cunniff (Trades, Portfolio) with 0.14, Diamond Hill Capital (Trades, Portfolio) with 0.12% and Bruce Berkowitz (Trades, Portfolio) with 0.08%.
The guru acquired 4,500 shares in B2Gold Corp. (BTG).
GuruFocus gives the stock a profitability and growth rating of 7 out of 10 with negative returns of ROE -24.36% and ROA -16.95% that are underperforming 68% of the companies in the Global Gold industry. Financial strength has a rating of 7 out of 10 with a cash-to-debt of 0.21 that is below the industry median of 1.73.
The company is a gold producer with three operating mines, two in Nicaragua and one in the Philippines. It operates the Libertad Mine and the Limon Mine in Nicaragua, the Masbate Mine in the Philippines and the Otjikoto Mine in Namibia.
Third quarter consolidated gold production had an increase of 38% from the same period in 2014, and the company is on track to meet the lower end of its 2015 production guidance of 500,000 to 540,000 ounces of gold.
The company’s largest shareholder among the gurus is First Eagle Investment (Trades, Portfolio) with 0.64% of outstanding shares, followed by Donald Smith (Trades, Portfolio) with 0.27%, Jim Simons (Trades, Portfolio) with 0.09% and Mario Gabelli (Trades, Portfolio) with 0.03%.
Van Den Berg bought 3,600 shares in Diamond Offshore Drilling Inc. (DO).
GuruFocus gives the stock a profitability and growth rating of 5 out of 10 with easy returns of ROE 1.61% and ROA 0.89% that are outperforming 66% of the companies in the Global Oil & Gas Drilling industry. Financial strength has a rating of 7 out of 10, with a cash-to-debt of 0.06 that is far below the industry median of 0.21.
The company is an offshore drilling, providing contract drilling services to the energy industry around the globe with a fleet of 45 offshore drilling rigs, including five rigs under construction.
Chuck Royce (Trades, Portfolio) is the largest shareholder of the company among the gurus with 0.42% of outstanding shares, followed by Steven Cohen (Trades, Portfolio) with 0.15%, John Hussman (Trades, Portfolio) with 0.06%, John Buckingham (Trades, Portfolio) with 0.04%, Jeremy Grantham (Trades, Portfolio) with 0.03 and Paul Tudor Jones (Trades, Portfolio) with 0.02.
The guru acquired 225 shares in Exxon Mobil Corporation (XOM).
GuruFocus gives the stock a profitability and growth rating of 7 out of 10 with strong returns of ROE 11.46% and ROA 5.75% that are outperforming 77% of the companies in the Global Oil & Gas Integrated industry. Financial strength has a rating of 8 out of 10, with a cash-to-debt of 0.13 that is slightly below the industry median of 0.37.
The company's main business is energy, involving exploration for, and production of, crude oil and natural gas, manufacture of petroleum products and transportation and sale of crude oil, natural gas and petroleum products. Third quarter earnings grew by 47% from the same quarter of 2014, and the company maintains a relentless focus on business fundamentals, including cost management, regardless of commodity prices.
The company’s largest shareholder among the gurus is T Rowe Price Equity Income Fund (Trades, Portfolio) with 0.16% of outstanding shares, followed by Richard Pzena (Trades, Portfolio) with 0.15% and Donald Yacktman (Trades, Portfolio) with 0.14%.
Van Den Berg bought 500 shares in Digimarc Corporation (DMRC).
GuruFocus gives the stock a profitability and growth rating of 5 out of 10 with negative returns of ROE 43.72% and ROA 40.27% that are underperforming 89% of the companies in the Global Information Technology Services industry. Financial strength has a rating of 9 out of 10 with no debt.
The company develops solutions, license intellectual property and provides development services to business partners. It enables governments and enterprises to give digital identities to media and objects that computers could sense and recognize and to which they can react.
PRIMECAP Management (Trades, Portfolio) is the largest shareholder of the company among the gurus with 2.95% of outstanding shares.
