James Barrow (Trades, Portfolio) is the executive director of Dallas-based investment firm Barrow, Hanley, Mewhinney & Strauss, and is the lead portfolio manager for the Vanguard Windsor II and Selected Value Funds. The following stocks were his new buys during the fourth quarter.Â
The guru acquired 1,293,938 shares of Willis Towers Watson PLCÂ (WLTW) with an impact of 0.25% on the portfolio.
The company provides insurance brokerage, reinsurance and risk management consulting services to its clients. It provides both specialized risk management advisory and consulting services to clients in specific industrial and commercial activities, and services to corporates through its retail operations.Â
GuruFocus gives the stock a profitability and growth rating of 7 out of 10 with easy returns of ROE of 16.52% and ROA of 2.15% that are over performing 53% of the companies in the Global Insurance Brokers industry. Financial strength has a rating of 6 out of 10 with a cash-to-debt of 0.16 that is far below the industry median of 133.67.
Jeff Ubben (Trades, Portfolio) is the largest shareholder among the gurus with 10.22% of outstanding shares, followed by David Herro (Trades, Portfolio) with 7.92%, First Eagle Investment (Trades, Portfolio) with 5.21%, Diamond Hill Capital (Trades, Portfolio) with 3.54%, Richard Pzena (Trades, Portfolio) with 3.05% and Charles Brandes (Trades, Portfolio) with 2.1%.
Barrow also bought 3,950,178 shares of PBF Energy Inc. (PBF) with an impact of 0.22% on the portfolio.
The company is a petroleum refiner and supplier of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants and other petroleum products in the U.S. In the third quarter, the company benefited from a strong market that translated into solid earnings for its entire refining system. Adjusted fully-converted net income was $1.85 per share compared to $1.60 per share for the third quarter 2014.
GuruFocus gives the stock a profitability and growth rating of 4 out of 10 with negative returns that are underperforming 79% of the companies in the Global Oil & Gas Refining & Marketing industry. Financial strength has a rating of 4 out of 10 with a cash-to-debt of 0.34 that is below the industry median of 0.41.
The company’s largest shareholder among the gurus is Seth Klarman (Trades, Portfolio) with 10.73% of outstanding shares, followed by James Barrow (Trades, Portfolio) with 3.85%, Richard Snow (Trades, Portfolio) with 3.58%, John Griffin (Trades, Portfolio) with 3.08%, Jim Simons (Trades, Portfolio) with 1.02% and Jeremy Grantham (Trades, Portfolio) with 0.03%.
Barrow acquired 1,459,860 shares of Ryder System Inc. (R) with an impact of 0.12% on the portfolio.
The company provides transportation and supply chain management solutions. During the third quarter, rental revenue grew by 7% and rental pricing grew by 2%.
GuruFocus gives the stock a profitability and growth rating of 7 out of 10 with strong ROE of 22.94% that is over performing the Global Rental & Leasing Services industry. Financial strength has a rating of 6 out of 10 with a cash-to-debt of 0.01 that is far below the industry median of 0.80.
James Barrow (Trades, Portfolio) is the largest shareholder among the gurus with 2.73% of outstanding shares, followed by Pioneer Investments (Trades, Portfolio) with 0.34%, John Keeley (Trades, Portfolio) with 0.25% and Paul Tudor Jones (Trades, Portfolio) with 0.01%.
The investor bought 3,190,737 shares of KeyCorp (KEY) with an impact of 0.06% on the portfolio.
It is a parent holding company for KeyBank National Association, its principal subsidiary, through which its banking services are provided.
GuruFocus gives the stock a profitability and growth rating of 6 out of 10 with ROE of 8.40% and ROA of 0.97% that is over performing 59% of the companies in the industry. Financial strength has a rating of 6 out of 10 with a cash-to-debt of 0.06 that is far below the industry median of 1.69.
The company’s largest shareholder among the gurus is Richard Pzena (Trades, Portfolio) with 0.76% of outstanding shares, followed by Richard Snow (Trades, Portfolio) with 0.64%, Pioneer Investments (Trades, Portfolio) with 0.61%, James Barrow (Trades, Portfolio) with 0.38%, Third Avenue Management (Trades, Portfolio) with 0.3% and Martin Whitman (Trades, Portfolio) with 0.25%.
The guru acquired 2,497,687 shares of Memorial Resource Development Corp. (MRD) with an impact of 0.06% on the portfolio.
The company owns, acquires, exploits and develops oil and natural gas properties in North America. In the last quarter, average daily production grew 102% and adjusted Ebitda was $104.3 million.
GuruFocus gives the stock a profitability and growth rating of 4 out of 10 with strong returns of ROE of 44.01% and ROA of 5.45% that are over performing 64% of the companies in the Global Oil & Gas Midstream industry. Financial strength has a rating of 4 out of 10 with a cash-to-debt of 0.17 that is below the industry median of 0.40.
John Burbank (Trades, Portfolio) is the largest shareholder among the gurus with 1.61% of outstanding shares, followed by James Barrow (Trades, Portfolio) with 1.22%, Pioneer Investments (Trades, Portfolio) with 0.92%, Steven Cohen (Trades, Portfolio) with 0.37%, and Paul Tudor Jones (Trades, Portfolio) with 0.02%.
Barrow also bought 2,605,455 shares of Flotek Industries Inc. (FTK) with an impact of 0.04% on the portfolio.
The company is a supplier of drilling and production related products and services. It provides oilfield specialty chemicals and logistics, downhole drilling tools and downhole production tools used in the energy and mining industries.
GuruFocus gives the stock a profitability and growth rating of 6 out of 10. Financial strength has a rating of 7 out of 10 with a cash-to-debt of 0.04 that is far below the industry median of 0.43.
The company’s largest shareholder among the gurus is Ron Baron (Trades, Portfolio) with 4.98% of outstanding shares, followed by James Barrow (Trades, Portfolio) with 4.86%, Robert Bruce (Trades, Portfolio) with 1.33%, David Nierenberg (Trades, Portfolio) with 1.32%, Pioneer Investments (Trades, Portfolio) with 0.49% and T Boone Pickens (Trades, Portfolio) with 0.16%.
