Richard Snow (Trades, Portfolio) is founder of Snow Capital. Snow began his career investing the proceeds from the sale of the Snow family businesses. During the first quarter he bought the following shares:
The guru increased his stake in Keysight Technologies Inc. (KEYS) by 279.50% with an impact of 1.35% on the portfolio.
The company is a measurement company providing core electronic design and test solutions to communications and electronics industries. During the first quarter non-GAAP revenue was up 4% or down 1% on a core basis, which excludes the impact of currency and acquisitions, compared with one year ago.
GuruFocus gives the stock a profitability and growth rating of 5 out of 10 with ROE of 44.14% and ROA of 15.67% that are overperforming 95% of the companies in the Global Scientific & Technical Instruments industry. Financial strength has a rating of 5 out of 10 with cash to debt of 0.52 that is below the industry median of 1.45.
PRIMECAP Management (Trades, Portfolio) is the company's largest shareholder among the gurus with 3.52% of outstanding shares followed by Jim Simons (Trades, Portfolio) with 0.54%, Robert Olstein (Trades, Portfolio) with 0.33%, Diamond Hill Capital (Trades, Portfolio) with 0.33%, Jeremy Grantham (Trades, Portfolio) with 0.09%, Michael Price (Trades, Portfolio) with 0.04%, Paul Tudor Jones (Trades, Portfolio) with 0.01% and Chris Davis (Trades, Portfolio) with 0.01%.
The guru increased his stake in OSI Systems Inc. (OSIS) by 162.24% with an impact of 0.93% on the portfolio.
The company together with its subsidiaries is engaged in designing and manufacturing of specialized electronic systems and components for critical applications. Its business segments are Security, Healthcare and Optoelectronics and Manufacturing. The third-quarter results were largely in line with expectations and were driven by the overall strength of its Security Division and continued operating margin expansion in its Optoelectronics and Manufacturing Division. Revenues had a decrease of 2% as compared to the same period a year ago and net income for the third quarter of fiscal 2016 was 47 cents per diluted share compared to net income of 64 cents per diluted share for the third quarter of fiscal 2015.
GuruFocus gives the stock a profitability and growth rating of 6 out of 10 with ROE of 7.62% and ROA of 4.20% that are outperforming 59% of other companies in the Global Electronic Components industry. Financial strength has a rating of 6 out of 10 with cash to debt of 0.72 that is below the industry median of 1.45.
Other notable shareholders among the gurus are Joel Greenblatt (Trades, Portfolio) with 0.6% of outstanding shares followed by Simons with 0.26%.
Snow raised his shares in Devon Energy Corp. (DVN) by 64.91% with an impact of 0.88% on the portfolio.
It is an independent energy company engaged in the exploration, development and production of oil, natural gas and NGLs. The company's operations are concentrated in various North American onshore areas in the U.S. and Canada.
GuruFocus gives the stock a profitability and growth rating of 6 out of 10 with ROE of -119.28% and ROA of -38.97% that are underperforming 85% of the companies in the Global Oil & Gas E&P industry. Financial strength has a rating of 5 out of 10 with cash to debt of 0.13 that is below the industry median of 0.44.
First Eagle Investment (Trades, Portfolio) is the company's largest shareholder among the gurus with 1.85% of outstanding shares followed by Tweedy Browne (Trades, Portfolio) with 0.75%, Tweedy Browne (Trades, Portfolio) Global Value with 0.24%, Third Avenue Management (Trades, Portfolio) with 0.21%, Martin Whitman (Trades, Portfolio) with 0.15%, Davis with 0.06%, Diamond Hill Capital (Trades, Portfolio) with 0.06%, Arnold Van Den Berg (Trades, Portfolio) with 0.04% and Louis Moore Bacon (Trades, Portfolio) with 0.04%.
The guru increased his stake in FMC Corp. (FMC) by 231.11% with an impact of 0.81% on the portfolio.
It is a chemical company serving agricultural, consumer and industrial markets globally with original solutions, applications and products. First quarter revenue had a 21% increase over the same period in 2015, and net income was 36 cents per diluted share compared to a net loss of 35 cents per diluted share in the first quarter of 2015.
GuruFocus gives the stock a profitability and growth rating of 7 out of 10 with ROE of 30.49% and ROA of 9.26% that are outperforming 800% of other companies in the Global Chemicals industry. Financial strength has a rating of 6 out of 10 with cash to debt of 0.03 that is below the industry median of 0.74.
The largest shareholder among the gurus is Larry Robbins (Trades, Portfolio) with 8.89% of outstanding shares followed by Meridian Funds (Trades, Portfolio) with 0.62%, Westport Asset Management (Trades, Portfolio) with 0.28%, Simons with 0.11%, John Keeley (Trades, Portfolio) with 0.04% and Mario Gabelli (Trades, Portfolio) with 0.02%.
Snow raised his stake in Cypress Semiconductor Corp. (CY) by 208.88% with an impact of 0.74% on the portfolio.
The company along with its subsidiaries designs, develops, manufactures and markets high-performance, mixed-signal, programmable solutions that provide customers with rapid time-to-market and system value. Its offerings include the PSoC programmable system-on-chip, universal serial bus controllers, general-purpose programmable clocks and memories.
GuruFocus gives the stock a profitability and growth rating of 5 out of 10 with ROE of -8.59% and ROA of -5.85% that are underperforming 80% of the companies in the Global Semiconductors industry. Financial strength has a rating of 5 out of 10 with cash to debt of 0.12 that is below the industry median of 1.25.
George Soros (Trades, Portfolio) is the company's largest shareholder among the gurus with 5.21% of outstanding shares followed by Simons with 1.02%, Snow with 0.91%, Gabelli with 0.78%, Chuck Royce (Trades, Portfolio) with 0.22% and Keeley with 0.02%.
The guru increased his stake in Biogen Inc. (BIIB) by 122.85% with an impact of 0.59% on the portfolio.
The company is a biotechnology company. It discovers, develops, manufactures and markets therapies for the treatment of autoimmune disorders, neurodegenerative diseases and hemophilia. First quarter revenue grew 7% versus the same period in the prior year, driven by a 15% increase in worldwide TECFIDERA® revenues. Non-GAAP diluted earnings per share (EPS) increased 25%, and non-GAAP net income attributable to Biogen increased 17%.
GuruFocus gives the stock a profitability and growth rating of 8 out of 10 with ROE of 33.90% and ROA of 19.89% that are outperforming 87% of other companies in the Global Biotechnology industry. Financial strength has a rating of 987 out of 10 with cash to debt of 0.55 that is far below the industry median of 58.76.
The largest shareholder among the gurus is PRIMECAP Management (Trades, Portfolio) with 7.22% of outstanding shares followed by Vanguard Health Care Fund (Trades, Portfolio) with 1.74%, Frank Sands (Trades, Portfolio) with 1.54%, Spiros Segalas (Trades, Portfolio) with 0.58%, Andreas Halvorsen (Trades, Portfolio) with 0.17%, First Eagle Investment (Trades, Portfolio) with 0.1% and Samuel Isaly (Trades, Portfolio) with 0.09%.
The guru increased his stake in The Mosaic Co. (MOS) by 37.91% with an impact of 0.46% on the portfolio.
The company produces and markets concentrated phosphate and potash crop nutrients. It conducts its business through wholly and majority-owned subsidiaries as well as businesses in which it owns less than a majority or a noncontrolling interest, including consolidated variable interest entities and investments accounted for by the equity method.
GuruFocus gives the stock a profitability and growth rating of 6 out of 10 with ROE of 9.73% and ROA of 5.50% that are outperforming 58% of other companies in the Global Agricultural Inputs industry. Financial strength has a rating of 8 out of 10 with cash to debt of 0.27 that is below the industry median of 0.52.
Ray Dalio (Trades, Portfolio) is the company's second-largest shareholder behind Snow among the gurus with 0.13% of outstanding shares followed by John Rogers (Trades, Portfolio) with 0.06%, John Buckingham (Trades, Portfolio) with 0.03%, Bacon with 0.02%, David Dreman (Trades, Portfolio) with 0.01% and Jeremy Grantham (Trades, Portfolio) with 0.01%.
The fund acquired 154,810 shares in Dick's Sporting Goods Inc. (DKS) with an impact of 0.32% on the portfolio.
The company is an authentic full-line sports and fitness specialty omnichannel retailer offering a broad assortment of high quality, competitively priced brand name sporting goods equipment, apparel and footwear in a specialty store environment.
GuruFocus gives the stock a profitability and growth rating of 8 out of 10 with ROE of 18.52% and ROA of 9.07% that are outperforming 80% of the companies in the Global Specialty Retail industry. Financial strength has a rating of 7 out of 10 with cash to debt of 20.11 that is above the industry median of 0.98.
The largest shareholder among the gurus is Ron Baron (Trades, Portfolio) with 5.22% of outstanding shares followed by Simons with 0.2%, Royce with 0.1%, John Hussman (Trades, Portfolio) with 0.09%, Murray Stahl (Trades, Portfolio) with 0.01% and Jones with 0.01%.
