Leon Cooperman (Trades, Portfolio), founder and chairman of Omega Advisors, bought nine new stakes in the fourth quarter. One of those deals qualified as his top transaction of the quarter, the acquisition of a 15,416,663-stake in First Data Corp. (FDC, Financial), a financial services company based in Atlanta.
Cooperman paid an average price of $16.42 per share in a deal that had a 5.29% impact on the guru’s portfolio.
The stake is 1.71% of First Data’s outstanding shares and 5.29% of Cooperman’s total assets. Cooperman is First Data’s leading shareholder among the gurus.
First Data has a forward P/E of 7.1, a P/B of 14.5 and a P/S of 0.9. GuruFocus gives First Data a Financial Strength rating of 5/10 and a Profitability and Growth rating of 6/10.
First Data sold for $11.77 per share Thursday.
Cooperman acquired a 2,518,100-share stake in OneMain Holdings Inc. (OMF, Financial), an Evansville, Indiana-based holding company, for an average price of $45.94 per share. The transaction had a 2.28% impact on Cooperman’s portfolio.
The stake is 1.87% of OneMain’s outstanding shares and 2.28% of Cooperman’s total assets. Cooperman is OneMain’s leading shareholder among the gurus.
OneMain has a forward P/E of 3.7, a P/B of 1.1 and a P/S of 2.6. GuruFocus gives OneMain a Financial Strength rating of 3/10 and a Profitability and Growth rating of 2/10.
OneMain sold for $23.80 per share Thursday.
Cooperman added a 1.5 million-share stake in iShares MSCI Emerging Market Income ETF (EEM, Financial) to his portfolio. Cooperman paid an average price of $33.85 per share. The deal had a 1.05% impact on his portfolio.
The stake is 1.05% of Cooperman’s total assets. Ray Dalio (Trades, Portfolio) is the ETF’s leading shareholder among the gurus with 41,571,033 shares in his portfolio. The stake is 17.36% of Dalio’s total assets.
The ETF has a P/E of 12.3.
It sold for $30.41 per share Thursday.
Cooperman invested in an 809,000-share stake in Microsoft Corp. (MSFT, Financial), a Seattle-based technology company, for an average price of $52.81 per share. The transaction had a 0.98% impact on Cooperman’s portfolio.
Cooperman’s stake in Microsoft is 0.01% of the company’s outstanding shares and 0.98% of Cooperman’s total assets. Microsoft’s leading shareholder among the gurus is Dodge & Cox with a stake of 66,559,905 shares. The stake is 0.84% of Microsoft’s outstanding shares and 3.62% of the guru’s total assets.
Microsoft has a P/E of 36.9, a forward P/E of 16.5, a P/B of 5.4 and a P/S of 4.9. GuruFocus gives Microsoft a Financial Strength rating of 7/10 and a Profitability and Growth rating of 7/10.
Microsoft sold for $52.24 per share Thursday.
Cooperman sold his 115,025-share stake in Priceline Group Inc. (PCLN, Financial), a Norwalk, Connecticut-based provider of online travel and related services, for an average price of $1,319.75 per share. The divestiture had a -2.87% impact on the guru’s portfolio.
Frank Sands (Trades, Portfolio) is Priceline’s leading shareholder among the gurus with a stake of 1,098,756 shares. The stake is 2.21% of Priceline’s outstanding shares and 3.61% of Sands’ total assets.
Priceline has a P/E of 25.9, a forward P/E of 15.4, a P/B of 7.3 and a P/S of 7.6. GuruFocus gives Priceline a Financial Strength rating of 8/10 and a Profitability and Growth rating of 9/10.
Priceline sold for $1,252.60 per share Thursday.
Cooperman sold his 484,915-share stake in Valeant Pharmaceuticals International Inc. (VRX, Financial), a Canadian pharmaceutical company, for an average price of $111.15 per share. The divestiture had a -1.75% impact on Cooperman’s portfolio.
Ruane Cunniff (Trades, Portfolio) is Valeant’s leading shareholder among the gurus with a stake of 35,375,610 shares. The stake is 10.31% of Valeant’s outstanding shares and 20.49% of Ruane Cunniff (Trades, Portfolio)’s total assets.
Valeant has a P/E of 63.1, a forward P/E of 5.5, a P/B of 5.4 and a P/S of 3.3. GuruFocus gives Valeant a Financial Strength rating of 6/10 and a Profitability and Growth rating of 9/10.
Valeant sold for $94.34 per share Thursday.
Cooperman reduced his stake in Pfizer Inc. (PFE, Financial), a New York-based pharmaceutical company, by more than 73%. Cooperman sold 3,534,995 shares for an average price of $33.17 per share. The transaction had a -2.24% impact on Cooperman’s portfolio.
Cooperman’s remaining stake of 1,295,600 shares, is 0.02% of Pfizer’s outstanding shares and 0.91% of Cooperman’s total assets. James Barrow (Trades, Portfolio) is Pfizer’s leading shareholder among the gurus with a stake of 53,862,996 shares in his portfolio. The stake is 0.87% of Pfizer’s outstanding shares and 2.59% of Barrow’s total assets.
Pfizer has a P/E of 22.3, a forward P/E of 12.1, a P/B of 2.7 and a P/S of 3.9. GuruFocus gives Pfizer a Financial Strength rating of 7/10 and a Profitability and Growth rating of 7/10.
Pfizer sold for $29.58 per share Thursday.
Cooperman trimmed his stake in Time Warner Inc. (TWX, Financial), a mass media and entertainment company based in New York, by more than 90%. Cooperman sold 1,018,100 shares for an average price of $69.82 per share. The deal had a -1.42% impact on Cooperman’s portfolio.
Cooperman’s remaining stake of 109,200 shares is 0.01% of Time Warner’s outstanding shares and 0.15% of Cooperman’s total assets. Time Warner’s leading shareholder among the gurus is Dodge & Cox with a stake of 38,101,959 shares. The stake is 4.77% of Time Warner’s outstanding shares and 2.42% of Dodge & Cox’s total assets.
Time Warner has a P/E of 14.7, a forward P/E of 10.7, a P/B of 2.2 and a P/S of 1.9. GuruFocus gives Time Warner a Financial Strength rating of 6/10 and a Profitability and Growth rating of 8/10.
Time Warner sold for $64.83 per share Thursday.
Cooperman pruned his stake in Motorola Solutions Inc. (MSI, Financial), a Chicago-based telecommunications equipment company, by more than 27%. Cooperman sold 718,255 shares for an average price of $69.78 per share. The transaction had a -0.99% impact on the guru’s portfolio.
Cooperman’s stake, now 1,904,121 shares, is 1.08% of Motorola’s outstanding shares and 2.85% of the guru’s total assets. Motorola’s leading shareholder among the gurus is Jeff Ubben (Trades, Portfolio) with a stake of 17,588,576 shares. The stake is 9.96% of Motorola’s outstanding shares and 8.33% of Ubben’s total assets.
Motorola has a P/E of 25.3, a forward P/E of 17.7 and a P/S of 2.3. GuruFocus gives Motorola a Financial Strength rating of 6/10 and a Profitability and Growth rating of 3/10.
Motorola sold for $64.95 per share Thursday.
Cooperman pruned his stake in Gulfport Energy Corp. (GPOR, Financial), an oil and gas company based in Oklahoma City, by more than 72%. Cooperman sold 1,478,626 shares for an average price of $28.01 per share. The transaction had a -0.89% impact on Cooperman’s portfolio.
Cooperman’s stake in Gulfport is now 570,500 shares, which is 0.53% of Gulfport’s outstanding shares and 0.31% of Cooperman’s total assets. Steven Cohen (Trades, Portfolio) was Gulfport’s leading shareholder among the gurus when the quarter came to a close. Cohen’s stake of 1,530,400 shares is 1.41% of the company’s outstanding shares and 0.31% of the guru’s total assets.
Gulport has a forward P/E of 500, a P/B of 1 and a P/S of 3.3. GuruFocus gives Gulfport a Financial Strength rating of 3/10 and a Profitability and Growth rating of 7/10.
Gulfport sold for $27.81 per share Thursday.
Cooperman increased his stake in Navient Corp. (NAVI, Financial), a Wilmington, Delaware-based financial services company, by more than 42%. Cooperman purchased 4,507,965 shares for an average price of $12.27 per share. The transaction had a 1.13% impact on Cooperman’s portfolio.
Cooperman’s stake in Navient, now 15,160,911 shares, is 4.18% of the company’s outstanding shares and 3.79% of the guru’s total assets. James Barrow (Trades, Portfolio) is Navient’s leading shareholder among the gurus with a stake of 34,851,783 shares. The stake is 9.62% of Navient’s outstanding shares and 0.59% of Barrow’s total assets.
Navient has a P/E of 4, a forward P/E of 5.3, a P/B of 0.9 and a P/S of 1.3. GuruFocus gives Navient a Financial Strength rating of 3/10 and a Profitability and Growth rating of 4/10.
Navient sold for $10.10 per share Thursday.
Cooperman raised his stake in American International Group Inc. (AIG), a New York-based insurance and financial services company, by nearly 22%. Cooperman bought 731,200 shares for an average price of $61.09 per share. The deal had a 0.99% impact on Cooperman’s portfolio.
Cooperman’s stake is now 4,096,526 shares – 0.33% of the company’s outstanding shares and 5.54% of Cooperman’s total assets. The company’s leading shareholder among the gurus is Carl Icahn (Trades, Portfolio) with a stake of 42,244,071 shares. The stake is 3.42% of the company’s outstanding shares and 8.89% of Icahn’s total assets.
American International Group has a P/E of 15.2, a forward P/E of 8.9, a P/B of 0.7 and a P/S of 1.2. GuruFocus gives American International Group a Financial Strength rating of 6/10 and a Profitability and Growth rating of 4/10.
American International Group sold for $51.82 per share Thursday.
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