Richard Perry (Trades, Portfolio), co-founder of Perry Capital LLC, purchased four new stakes in the fourth quarter, three of which are in energy-related companies.
His most significant fourth-quarter transaction was his purchase of a 3,063,000-share stake in HCA Holdings Inc. (HCA, Financial), a Nashville, Tennessee-based operator of health care facilities, for an average price of $69.62 per share. The transaction had a 10.01% impact on Perry’s portfolio.
Perry’s stake is 0.75% of HCA Holdings’ outstanding shares and 10.01% of Perry’s total assets. HCA Holdings’ leading shareholder among the gurus is Larry Robbins (Trades, Portfolio) with 14,300,549 shares in his portfolio. The stake is 3.51% of HCA Holdings’ outstanding shares and 5.45% of Robbins’ total assets.
HCA Holdings has a P/E of 14.9, a forward P/E of 10.4 and a P/S of 0.8. GuruFocus gives HCA Holdings a Financial Strength rating of 5/10 and a Profitability and Growth rating of 8/10.
HCA Holdings sold for $70.48 per share Friday.
Perry acquired a 4,038,000-share stake in Spectra Energy Corp. (SE, Financial), an oil and gas pipeline company based in Houston, for an average price of $26.53 per share. The deal had a 4.67% impact on Perry’s portfolio.
Perry’s stake is 0.6% of Spectra Energy’s outstanding shares and 4.67% of the guru’s total assets. Perry is Spectra Energy’s leading shareholder among the gurus.
Spectra Energy has a P/E of 98.1, a forward P/E of 18.4, a P/B of 2.1 and a P/S of 3.6. GuruFocus gives Spectra Energy a Financial Strength rating of 6/10 and a Profitability and Growth rating of 7/10.
Spectra Energy sold for $29.29 per share Friday.
Perry invested in a 2,624,437-share stake in Columbia Pipeline Group Inc. (CPGX, Financial), a Houston-based owner and operator of more than 15,000 miles of pipelines stretching from New York to the Gulf of Mexico. Perry paid an average price of $19.84 per share in an acquisition that had a 2.54% impact on the guru’s portfolio.
The stake is 0.66% of Columbia’s outstanding shares and 2.54% of Perry’s total assets. T Rowe Price Equity Income Fund (Trades, Portfolio) is Columbia’s leading shareholder among the gurus with 8,005,000 shares in its portfolio. The stake is 2% of Columbia’s outstanding shares and 0.72% of the guru’s total assets.
Columbia has a P/E of 33.6, a forward P/E of 28.4, a P/B of 1.7 and a P/S of 4.4. GuruFocus gives Columbia a Financial Strength rating of 6/10 and a Profitability and Growth rating of 4/10.
Columbia sold for $18.01 per share Friday.
Perry acquired a 109,737-share stake in Energy Transfer Partners LP (ETP, Financial), a Dallas-based energy company, for an average price of $39.1 per share. The deal had a 0.18% impact on Perry’s portfolio.
The stake is 0.33% of Energy Transfer Partners’ outstanding shares and 2.32% of Perry’s total assets. Perry is the company’s leading shareholder among the gurus.
Energy Transfer Partners has a P/E of 7.5, a forward P/E of 5.5 and a P/S of 0.2. GuruFocus gives Energy Transfer Partners a Financial Strength rating of 6/10 and a Profitability and Growth rating of 8/10.
Energy Transfer Partners sold for $26.44 per share Friday.
Perry reduced his stake in American International Group Inc. (AIG, Financial), an insurance and financial services company based in New York, by nearly 41%. Perry sold 3,948,148 shares for an average price of $61.09 per share. The transaction had a -8.85% impact on Perry’s portfolio.
Perry’s remaining stake of 5,766,852 shares is 0.5% of AIG’s outstanding shares and 17.28% of Perry’s total assets. Carl Icahn (Trades, Portfolio) is AIG’s leading shareholder among the gurus with 42,244,071 shares. The stake is 3.68% of the company’s outstanding shares and 8.89% of Icahn’s total assets.
AIG has a P/E of 36.2, a forward P/E of 8.7, a P/B of 0.7 and a P/S of 1.2. GuruFocus gives AIG a Financial Strength rating of 6/10 and a Profitability and Growth rating of 4/10.
AIG sold for $51.14 per share Friday.
Perry trimmed his stake in Ball Corp. (BLL, Financial), a Broomfield, Colorado-based company originally known for producing glass canning jars that expanded into aerospace systems, metal beverage and food containers and aluminum aerosol containers, by more than 14%. Perry sold 503,200 shares for an average price of $68.5 per share. The deal had a -1.23% impact on Perry’s portfolio.
Perry’s remaining stake of 2,974,800 shares is 2.1% of Ball’s outstanding shares and 10.46% of Perry’s total assets. Perry is Ball’s leading shareholder among the gurus.
Ball has a P/E of 33.6, a forward P/E of 19.4, a P/B of 7.3 and a P/S of 1.2. GuruFocus gives Ball a Financial Strength rating of 7/10 and a Profitability and Growth rating of 7/10.
Ball sold for $66.95 per share Friday.
Perry pared his stake in Williams Companies Inc. (WMB, Financial), a Tulsa, Oklahoma-based oil and gas company, by more than 3%, selling 289,310 shares for an average price of $34.75 per share. The transaction had a -0.42% impact on Perry’s portfolio.
Perry’s remaining stake is 8,065,690 shares, which is 1.08% of Williams’ outstanding shares and 10.02% of Perry’s total assets. Williams’ leading shareholder among the gurus is Steve Mandel (Trades, Portfolio) with a stake of 28,940,290 shares. The stake is 3.86% of Williams’ outstanding shares and 3.18% of Mandel’s total assets.
Williams has a forward P/E of 10.7, a P/B of 1.6 and a P/S of 1.6. GuruFocus gives Williams a Financial Strength rating of 3/10 and a Profitability and Growth rating of 5/10.
Williams sold for $15.68 per share Friday.
Perry sold his 3,000,200-share stake in Zoetis Inc. (ZTS, Financial), a pharmaceutical company based in Florham Park, New Jersey, for an average price of $45.32 per share. The divestiture had a -4.87% impact on Perry’s portfolio.
Zoetis’ leading shareholder among the gurus is Bill Ackman (Trades, Portfolio) with 41,823,145 shares in his portfolio. The stake is 8.41% of Zoetis’ outstanding shares and 16.09% of Ackman’s total assets.
Zoetis has a P/E of 62.1, a forward P/E of 19.1, a P/B of 19.9 and a P/S of 4.5. GuruFocus gives Zoetis a Financial Strength rating of 7/10 and a Profitability and Growth rating of 6/10.
Zoetis sold for $42.30 per share Friday.
Perry sold his 650,000-share stake in Perrigo Co. PLC (PRGO, Financial), a pharmaceutical company with offices in Dublin and Allegan, Michigan, for an average price of $153.61 per share. The transaction had a -4.03% impact on Perry’s portfolio.
John Paulson (Trades, Portfolio) is Perrigo’s leading shareholder among the gurus with 2,662,000 shares in his portfolio. The stake is 1.82% of Perrigo’s outstanding shares and 2.37% of Paulson’s total assets.
Perrigo has a P/E of 92.1, a forward P/E of 12, a P/B of 1.8 and a P/S of 3.7. GuruFocus gives Perrigo a Financial Strength rating of 4/10 and a Profitability and Growth rating of 6/10.
Perrigo sold for $129.49 per share Friday.
Perry sold his 2,298,000-share stake in CBS Corp. (CBS, Financial), a mass media company based in New York, for an average price of $47.11 per share. The deal had a -3.62% impact on Perry’s portfolio.
CBS’ leading shareholder among the gurus is Robbins with a stake of 8,657,912 shares. The stake is 1.88% of CBS’ outstanding shares and 2.3% of Robbins’ total assets.
CBS has a P/E of 16.8, a forward P/E of 10.7, a P/B of 4.1 and a P/S of 1.7. GuruFocus gives CBS a Financial Strength rating of 6/10 and a Profitability and Growth rating of 8/10.
CBS sold for $48.47 per share Friday.
Perry raised his stake in Time Warner Inc. (TWX, Financial), a New York-based mass media company, by nearly 55%. Perry acquired 1,041,521 shares for an average price of $69.82 per share. The transaction had a 3.26% impact on Perry’s portfolio.
Perry’s stake, now 2,945,000 shares, is 0.37% of Time Warner’s outstanding shares and 9.21% of Perry’s total assets. Time Warner’s leading shareholder among the gurus is Dodge & Cox with 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 15.1, a forward P/E of 11.1, a P/B of 2.3 and a P/S of 2. GuruFocus gives Time Warner a Financial Strength rating of 6/10 and a Profitability and Growth rating of 7/10.
Time Warner sold for $66.86 per share Friday.
Perry boosted his stake in AerCap Holdings NV (AER, Financial), a Dublin-based aircraft leasing company, by more than 16%. Perry purchased 396,444 shares for an average price of $41.97 per share. The deal had a 0.83% impact on Perry’s portfolio.
Perry’s stake, now 2,821,667 shares, is 1.43% of AerCap Holdings’ outstanding shares and 5.89% of Perry’s total assets. Donald Smith (Trades, Portfolio) is AerCap Holdings’ leading shareholder among the gurus with a stake of 9,474,010 shares. The stake is 4.8% of AerCap Holdings’ outstanding shares and 10.64% of Smith’s total assets.
AerCap Holdings has a P/E of 6, a forward P/E of 5.3, a P/B of 0.9 and a P/S of 1.4. GuruFocus gives AerCap Holdings a Financial Strength rating of 6/10 and a Profitability and Growth rating of 8/10.
AerCap Holdings sold for $35.55 per share Friday.
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