Richard Snow (Trades, Portfolio) is the founder of Snow Capital and began his career investing the proceeds from the sale of the Snow family businesses. His most recent trades according to GuruFocus' Real Time Picks include the following.
Snow reduced its stake in L.B. Foster Co. (FSTR) by 25.26% with an impact of -0.1% on the portfolio.
The company manufactures and distributes products and services for rail, construction, energy and utility markets. It classifies its activities into three business segments: Rail Products, Construction Products and Tubular Products. Fourth quarter sales decreased by 13.7% year over year. The company reported net income of 32 cents per diluted share, compared to 58 cents per diluted share last year.
GuruFocus gives the stock a profitability and growth rating of 6 out of 10 with ROE of -14% and ROA of -7.24% that are underperforming 90% of the companies in the Global Railroads Industry. Financial strength has a rating of 7 out of 10, with cash to debt of 0.20 that is below the industry median of 0.38.
Other notable shareholders among the gurus are Jim Simons (Trades, Portfolio) with 6.18% of outstanding shares, followed by Chuck Royce (Trades, Portfolio) with 1.07%, Barrow, Hanley, Mewhinney & Strauss with 0.32% and Paul Tudor Jones (Trades, Portfolio) with 0.12%.
Snow reduced his stake in Abercrombie & Fitch Co. (ANF) by 32.12% with an impact of -1.16% on the portfolio.
The company is a specialty retailer, which operates stores and direct-to-consumer operations. Through these channels it sells products, including casual sportswear apparel, including knit and woven shirts, graphic t-shirts, fleece, jeans and woven pants, shorts, sweaters, and outerwear; personal care products; and accessories for men, women and kids under the Abercrombie & Fitch, abercrombie kids, and Hollister brands. Fourth quarter net sales grew 2% on a constant currency basis and decreased 1% on a reported basis over last year.
GuruFocus gives the stock a profitability and growth rating of 6 out of 10 with ROE of 2.72% and ROA of 1.45% that are underperforming 64% of the companies in the Global Apparel Stores industry. Financial strength has a rating of 7 out of 10, with cash to debt of 1.76 that is above the industry median of 1.
Steven Cohen (Trades, Portfolio) is another notable shareholder of the company among the gurus with 2.82% of outstanding shares, followed by Jim Simons (Trades, Portfolio) with 0.45%, Joel Greenblatt (Trades, Portfolio) with 0.24% and Paul Tudor Jones (Trades, Portfolio) with 0.11%.
Snow reduced his stake in Silicon Graphics International Corp. (SGI) by 15.48% and with an impact of -0.06% on the portfolio.
The company develops, markets and sells servers, enterprise-class storage, differentiating software and designed-to-order solutions for data center deployments, with support and professional services. Total revenue for the second quarter was $152 million compared to $138 million in the second quarter of 2015.
GuruFocus gives the stock a profitability and growth rating of 2 out of 10 with ROE of -55.12% and ROA of -8.24% that are underperforming 95% of the companies in the Global Computer Systems industry. Financial strength has a rating of 5 out of 10, with cash to debt of 0.98 that is below the industry median of 1.44.
Other notable shareholders among the gurus are Chuck Royce (Trades, Portfolio) with 8.48% of outstanding shares and Jim Simons (Trades, Portfolio) with 1.24%.
