Mario Gabelli (Trades, Portfolio) is the founder, chairman, and CEO of GAMCO Investors, a $30 billion dollar global investment firm headquartered in Rye, New York. The following were his largest sales during the fourth quarter.
The guru reduced his position in Cablevision Systems Corp. (CVC) by 8.18% with an impact of -0.17% on the portfolio.
The company operates through its subsidiary, CSC Holdings. CSC Holdings is a cable operators in the U.S. During the third quarter, consolidated adjusted operating cash flow decreased 11.5% and consolidated operating income decreased 27.5% year over year.
GuruFocus gives the stock a profitability and growth rating of 6 out of 10 with weak ROA of 2.60% that is underperforming 51% of the companies in the Global Pay TV industry. Financial strength has a rating of 6 out of 10, with a cash-to-debt of 0.15 that is below the industry median of 0.54.
Other notable shareholders of the company among the gurus are Jim Simons (Trades, Portfolio) who holds 1.68% of outstanding shares, John Paulson (Trades, Portfolio) with 1.12% of outstanding shares followed by Jeremy Grantham (Trades, Portfolio) with 0.36%, Steven Cohen (Trades, Portfolio) with 0.18%, Paul Singer (Trades, Portfolio) with 0.09% and George Soros (Trades, Portfolio) with 0.04%.
Gabelli reduced his position in O'Reilly Automotive Inc. (ORLY) by 19.34% and with an impact of -0.15% on the portfolio.
The company is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the U.S., selling its products to both do-it-yourself "DIY" and professional service provider customers.Â
GuruFocus gives the stock a profitability and growth rating of 9 out of 10 with strong returns of ROE of 46.12% and ROA of 13.92% that are over performing 89% of the companies in the Global Specialty Retail industry. Financial strength has a rating of 6 out of 10, with a cash-to-debt of 0.08 that is far below the industry median of 0.99.
Ruane Cunniff (Trades, Portfolio) is the largest shareholder of the company among the gurus with 3.64% of outstanding shares, followed by Pioneer Investments (Trades, Portfolio) with 0.93%, Chuck Akre (Trades, Portfolio) with 0.85%, Mario Gabelli (Trades, Portfolio) with 0.38% and Jim Simons (Trades, Portfolio) with 0.31%.
The guru reduced his position in AT&T Inc. (T) by 9.82% with an impact of -0.09% on the portfolio.
The company, through its subsidiaries and affiliates, provides wireless and wireline telecommunications services in the U.S. and internationally.
GuruFocus gives the stock a profitability and growth rating of 7 out of 10 with easy returns of ROE of 13.05% and ROA of 3.82% that are over performing 56% of the companies in the Global Telecom Services industry. Financial strength has a rating of 4 out of 10, with a cash-to-debt of 0.04 that is far below the industry median of 0.54.
The company’s largest shareholder among the gurus is Warren Buffett (Trades, Portfolio) with 0.76% of outstanding shares, followed by James Barrow with 0.34%, PRIMECAP Management (Trades, Portfolio) with 0.3%, T Rowe Price Equity Income Fund (Trades, Portfolio) with 0.03%, Richard Pzena (Trades, Portfolio) with 0.01% and Ray Dalio (Trades, Portfolio) with 0.01%.
Gabelli exited his position in Alphabet Inc. (GOOG) with an impact of -0.06% on the portfolio.
GuruFocus gives the stock a profitability and growth rating of 8 out of 10 with strong returns of ROE of 14.18% and ROA of 11.84% that are over performing 66% of the companies in the Global Internet Content & Information industry. Financial strength has a rating of 9 out of 10, with a cash-to-debt of 14 that is below the industry median of 21.84.
Dodge & Cox is the largest shareholder of the company among the gurus with 0.48% of outstanding shares, followed by PRIMECAP Management (Trades, Portfolio) with 0.37%, Chris Davis (Trades, Portfolio) with 0.2%, Mason Hawkins (Trades, Portfolio) with 0.18% and Andreas Halvorsen (Trades, Portfolio) with 0.17%.
Gabelli reduced his position in H&R Block Inc. (HRB) by 33.15% with an impact of -0.06% on the portfolio.
The company is engaged in providing tax preparation, banking and other services. It also offers retail banking services in the U.S. through H&R Block Bank, a federal savings bank. During the third quarter 2016, the company reported an increase of 1.7% for total operating expenses.
GuruFocus gives the stock a profitability and growth rating of 7 out of 10 with strong returns of ROE of 50.49% and ROA of 11.66% that are over performing 82% of the companies in the Global Personal Services industry. Financial strength has a rating of 6 out of 10, with a cash-to-debt of 0.07 that is below the industry median of 0.85.
The company’s largest shareholder among the gurus is First Eagle Investment (Trades, Portfolio) with 2.42% of outstanding shares, followed by RS Investment Management (Trades, Portfolio) with 0.32%, Jim Simons (Trades, Portfolio) with 0.2%, Pioneer Investments (Trades, Portfolio) with 0.13%, Jeff Auxier (Trades, Portfolio) with 0.07% and Lee Ainslie (Trades, Portfolio) with 0.01%.
The investor reduced his position in AMC Networks Inc. (AMCX) by 5.21% with an impact of -0.04% on the portfolio.
GuruFocus gives the stock a profitability and growth rating of 7 out of 10 with an ROA of 8.93% that is over performing 83% of the companies in the Global Media - Diversified industry. Financial strength has a rating of 6 out of 10, with a cash-to-debt of 0.12 that is below the industry median of 1.68.
Manning & Napier Advisors is largest shareholder of the company among the gurus with 7.58% of outstanding shares, followed by Mario Gabelli (Trades, Portfolio) with 1.91%, Joel Greenblatt (Trades, Portfolio) with 0.55%, John Hussman (Trades, Portfolio) with 0.1% and Murray Stahl (Trades, Portfolio) with 0.04%.
The guru reduced his position in Becton Dickinson & Co. (BDX) by 18.09% with an impact of -0.04% on the portfolio.
The company is a medical technology company engaged in the development, manufacture and sale of medical devices, instrument systems and reagents used by healthcare institutions, life science researchers, clinical laboratories, general public and the pharmaceutical industry.
GuruFocus gives the stock a profitability and growth rating of 7 out of 10 with strong returns of ROE of 10.16% and ROA of 2.71% that are over performing 54% of the companies in the Global Medical Instruments & Supplies industry. Financial strength has a rating of 7 out of 10, with a cash-to-debt of 0.13 that is below the industry median of 1.57.
The company’s largest shareholder among the gurus is Vanguard Health Care Fund (Trades, Portfolio) with 1.39% of outstanding shares, followed by First Eagle Investment (Trades, Portfolio) with 0.65%, Jim Simons (Trades, Portfolio) with 0.57%, Pioneer Investments (Trades, Portfolio) with 0.45%, Jeremy Grantham (Trades, Portfolio) with 0.35%, T Rowe Price Equity Income Fund (Trades, Portfolio) with 0.17% and Joel Greenblatt (Trades, Portfolio) with 0.04%.
The investor reduced his position in Casey's General Stores Inc. (CASY) by 29.60% and with an impact of -0.04% on the portfolio.
The company operates convenience stores under the Casey's General Store name in 14 Midwestern states, Iowa, Missouri, and Illinois.
GuruFocus gives the stock a profitability and growth rating of 7 out of 10 with strong returns of ROE of 23.42% and ROA of 8.66% that are over performing 85% of the companies in the Global Grocery Stores industry. Financial strength has a rating of 7 out of 10, with a cash-to-debt of 0.06 that is below the industry median of 0.58.
RS Investment Management (Trades, Portfolio) is the largest shareholder of the company among the gurus with 1.48% of outstanding shares, followed by Columbia Wanger (Trades, Portfolio) with 0.81%, Joel Greenblatt (Trades, Portfolio) with 0.17%, Mairs and Power (Trades, Portfolio) with 0.12% and Paul Tudor Jones (Trades, Portfolio) with 0.01%.
