Private Capital (Trades, Portfolio) made only one new buy in the fourth quarter, but it was the fund’s most noteworthy transaction of the quarter.
Private Capital (Trades, Portfolio) acquired a 696,619-share stake in Fogo de Chao Inc. (FOGO, Financial), a Brazilian steakhouse chain with 29 U.S. locations, for an average price of $15.48 per share. The deal had a 1.32% impact on Private Capital (Trades, Portfolio)’s portfolio.
The stake is 2.48% of Fogo de Chao’s outstanding shares and 1.32% of Private Capital (Trades, Portfolio)’s total assets.
Fogo de Chao has a P/E of 15.2, a forward P/E of 15, a P/B of 1.8 and a P/S of 1.6. GuruFocus gives Fogo de Chao a Financial Strength rating of 6/10 and a Profitability and Growth rating of 4/10.
Fogo de Chao sold for $15.96 per share Monday.
Private Capital (Trades, Portfolio) sold its 401,420-share stake in ACI Worldwide Inc. (ACIW, Financial), a Naples, Florida-based payment systems company for an average price of $23.04 per share. The transaction had a -1.01% impact on Private Capital (Trades, Portfolio)’s portfolio.
ACI Worldwide’s leading shareholder among the gurus is Ron Baron (Trades, Portfolio) with a stake of 2.4 million shares. The stake is 2.02% of ACI Worldwide’s outstanding shares and 0.24% of Baron’s total assets.
ACI Worldwide has a P/E of 28.3, a forward P/E of 23.8, a P/B of 3.7 and a P/S of 2.3. GuruFocus gives ACI Worldwide a Financial Strength rating of 5/10 and a Profitability and Growth rating of 8/10.
ACI Worldwide sold for $19.97 per share Monday.
Private Capital (Trades, Portfolio) also sold its 285,715-share stake in Titan International Inc. (TWI, Financial), a Quincy, Illinois-based tire company, for an average price of $5.43 per share. The divestiture had a -0.22% impact on Private Capital (Trades, Portfolio)’s portfolio.
Titan International’s leading shareholder among the gurus is Jim Simons (Trades, Portfolio) with a stake of 1,506,053 shares. The stake is 2.79% of Titan International’s outstanding shares and 0.01% of Simons’ total assets.
Titan International has a forward P/E of 29.3, a P/B of 1 and a P/S of 0.2. GuruFocus gives Titan International a Financial Strength rating of 6/10 and a Profitability and Growth rating of 5/10.
Titan International sold for $5.99 per share Monday.
Private Capital (Trades, Portfolio) increased its stake in Mentor Graphics Corp. (MENT, Financial), a Wilsonville, Oregon-based company specializing in electronic design automation for electrical engineering and electronics, by nearly 37%. The guru purchased 295,596 shares for an average price of $22.74 per share. The deal had a 0.68% impact on Private Capital (Trades, Portfolio)’s portfolio.
The stake, 1,101,782 shares at fourth quarter-end, is 0.94% of Mentor Graphics’ outstanding shares and 2.53% of Private Capital (Trades, Portfolio)’s total assets. Mentor Graphics’ leading shareholder among the gurus is Carl Icahn (Trades, Portfolio) with a stake of 16,120,289 shares. The stake is 13.72% of Mentor Graphics’ outstanding shares and 1.01% of Icahn’s total assets.
Mentor Graphics has a P/E of 24.5, a forward P/E of 11.9, a P/B of 1.8 and a P/S of 1.8. GuruFocus gives Mentor Graphics a Financial Strength rating of 8/10 and a Profitability and Growth rating of 7/10.
Mentor Graphics sold for $19.71 per share Monday.
Private Capital (Trades, Portfolio) raised its stake in Progressive Waste Solutions Ltd. (BIN, Financial), a Toronto-based waste management company, by nearly 61%. Private Capital (Trades, Portfolio) bought 184,774 shares for an average price of $23.79 per share. The transaction had a 0.54% impact on Private Capital (Trades, Portfolio)’s portfolio.
The stake, now 488,454 shares, is 0.45% of Progressive Waste Solutions’ outstanding shares and 1.43% of Private Capital (Trades, Portfolio)’s total assets. Simons is Progressive Waste Solutions’ leading shareholder among the gurus with a stake of 1,905,061 shares. The stake is 1.74% of Progressive Waste Solutions’ outstanding shares and 0.1% of Private Capital (Trades, Portfolio)’s total assets.
Progressive Waste Solutions has a P/E of 27.8, a forward P/E of 21.8, a P/B of 2.9 and a P/S of 1.8. GuruFocus gives Progressive Waste Solutions a Financial Strength rating of 7/10 and a Profitability and Growth rating of 8/10.
Progressive Waste Solutions sold for $31.11 per share Monday.
Private Capital (Trades, Portfolio) boosted its stake in Valeant Pharmaceuticals International Inc. (VRX, Financial), a Canadian pharmaceutical company, by more than 13%. Private Capital (Trades, Portfolio) acquired 39,375 shares for an average price of $111.15 per share. The deal had a 0.5% impact on Private Capital (Trades, Portfolio)’s portfolio.
The stake, now 336,306 shares, is 0.1% of Valeant’s outstanding shares and 4.26% of Private Capital (Trades, Portfolio)’s total assets. Valeant’s leading shareholder among the gurus is Ruane Cunniff (Trades, Portfolio) 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 17.9, a forward P/E of 2.1, a P/B of 1.4 and a P/S of 1. GuruFocus gives Valeant a Financial Strength rating of 6/10 and a Profitability and Growth rating of 9/10.
Valeant sold for $29.08 per share Monday.
Private Capital (Trades, Portfolio) hiked its stake in Jamba Inc. (JMBA, Financial), an Emeryville, California-based restaurant chain, by more than 59%. Private Capital (Trades, Portfolio) acquired 248,490 shares for an average price of $13.71 per share. The transaction had a 0.42% impact on Private Capital (Trades, Portfolio)’s portfolio.
The stake, 668,823 shares at fourth quarter-end, is 4.43% of Jamba’s outstanding shares and 1.12% of Private Capital (Trades, Portfolio)’s total assets.
Jamba has a P/E of 23.4, a forward P/E of 14.3, a P/B of 39.7 and a P/S of 1.3. GuruFocus gives Jamba a Financial Strength rating of 6/10 and a Profitability and Growth rating of 3/10.
Jamba sold for $12.34 per share Monday.
Private Capital (Trades, Portfolio) raised its stake in Real Industry Inc. (RELY, Financial), a Sherman Oaks, California-based holding company, by nearly 33%. Private Capital (Trades, Portfolio) purchased 290,780 shares for an average price of $9.34 per share. The deal had a 0.29% impact on Private Capital (Trades, Portfolio)’s portfolio.
The stake, now 1,172,421 shares, is 4.01% of Real Industry’s outstanding shares and 1.17% of Private Capital (Trades, Portfolio)’s total assets. Hotchkis & Wiley is Real Industry’s leading shareholder among the gurus with 5,146,836 shares. The stake is 17.61% of Real Industry’s outstanding shares and 0.17% of Hotchkis & Wiley’s total assets.
Real Industry sold for $7.83 per share Monday.
Private Capital (Trades, Portfolio) raised its stake in Triumph Group Inc. (TGI, Financial), a Berwyn, Pennsylvania-based supplier of aerospace components and systems, by almost 42%. Private Capital (Trades, Portfolio) bought 34,261 shares for an average price of $40.28 per share. The transaction had a 0.17% impact on Private Capital (Trades, Portfolio)’s portfolio.
The stake, now 116,038 shares, is 0.24% of Triumph Group’s outstanding shares and 0.57% of Private Capital (Trades, Portfolio)’s total assets. Richard Snow (Trades, Portfolio) is Triumph Group’s leading shareholder among the gurus with a stake of 1,954,258 shares. The stake is 3.96% of Triumph Group’s outstanding shares and 3.09% of Snow’s total assets.
Triumph Group has a P/E of 14, a forward P/E of 5.9, a P/B of 0.8 and a P/S of 0.4. GuruFocus gives Triumph Group a Financial Strength rating of 7/10 and a Profitability and Growth rating of 7/10.
Triumph Group sold for $33.37 per share Monday.
Private Capital (Trades, Portfolio) boosted its stake in American Public Education Inc. (APEI, Financial), owner of American Public University System, a for-profit, online learning institution with offices in Charles Town, West Virginia, and Manassas, Virginia, by nearly 12%. Private Capital (Trades, Portfolio) acquired 66,347 shares for an average price of $21.95 per share. The deal had a 0.15% impact on Private Capital (Trades, Portfolio)’s portfolio.
The stake, now 640,048 shares, is 3.9% of American Public Education’s outstanding shares and 1.48% of Private Capital (Trades, Portfolio)’s total assets. Private Capital (Trades, Portfolio) is American Public Education’s leading shareholder among the gurus.
American Public Education has a P/E of 11.1, a forward P/E of 11.1, a P/B of 1.5 and a P/S of 1.2. GuruFocus gives American Public Education a Financial Strength rating of 7/10 and a Profitability and Growth rating of 8/10.
American Public Education sold for $21.52 per share Monday.
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