Barrow, Hanley, Mewhinney & Strauss became the second-largest shareholder among the gurus with its first-quarter purchase of a 9,772,328-share stake in Express Scripts Holding Co. (ESRX, Financial), a St. Louis-based pharmacy benefit management services provider.
The guru paid an average price of $72.1 per share in a transaction that had a 1.03% impact on its portfolio.
The stake is 1.54% of Express Scripts’ outstanding shares and 1.03% of the firm’s total assets. Dodge & Cox is Express Scripts’ leading shareholder among the gurus with a stake of 22,069,813 shares. The stake is 3.49% of Express Scripts’ outstanding shares and 1.48% of Dodge & Cox’s total assets.
Express Scripts has a P/E of 20, a forward P/E of 11.2, a P/B of 3.3 and a P/S of 0.5. GuruFocus gives Express Scripts a Financial Strength rating of 7/10 and a Profitability and Growth rating of 8/10.
Express Scripts sold for $75.6 Friday afternoon. The DCF Calculator gives Express Scripts a fair value of $80.14 with a margin of safety of 6%.
Here is a look at some of Barrow, Hanley, Mewhinney & Strauss’ other noteworthy first-quarter new buys and additions to existing stakes .
The firm raised its stake in State Street Corp. (STT, Financial), a financial services company based in Boston, by nearly 77% with the purchase of 7,757,407 shares for an average price of $56.87 per share. The deal had a 0.7% impact on the guru’s portfolio.
The stake, now 17,840,319 shares, is 4.51% of State Street’s outstanding shares and 1.6% of the firm’s total assets. Barrow, Hanley, Mewhinney & Strauss is State Street’s leading shareholder among the gurus.
State Street has a P/E of 14, a forward P/E of 12, a P/B of 1.3 and a P/S of 2.4. GuruFocus gives State Street a Financial Strength rating of 6/10 and a Profitability and Growth rating of 7/10.
State Street sold for $60.85 per share Friday afternoon. The DCF Calculator gives State Street a fair value of $48.16.
The guru hiked its stake in Marathon Petroleum Corp. (MPC, Financial), a Findlay, Ohio-based oil and gas company, by nearly 118%. The firm acquired 10,764,687 shares for an average price of $38.18 per share. The transaction had a 0.61% impact on the guru’s portfolio.
The stake, now 19,904,598 shares, is 3.76% of Marathon’s outstanding shares and 1.13% of the firm’s total assets. Barrow, Hanley, Mewhinney & Strauss is Marathon’s leading shareholder among the gurus.
Marathon has a P/E of 9.8, a forward P/E of 8.3, a P/B of 1.5 and a P/S of 0.3. GuruFocus gives Marathon a Financial Strength rating of 7/10 and a Profitability and Growth rating of 7/10.
Marathon sold for $35.59 per share Friday afternoon. The DCF Calculator gives Marathon a fair value of $38.88 with a margin of safety of 8%.
The firm boosted its stake in Johnson Controls Inc. (JCI, Financial), a Glendale, Wisconsin-based producer of parts to make buildings and automobiles more efficient, by almost 30%. The guru purchased 8,826,042 shares for an average price of $36.46 per share. The deal had a 0.53% impact on the firm’s portfolio.
The stake, now 38,362,336 shares, is 5.92% of Johnson Controls’ outstanding shares and 2.29% of the guru’s total assets. Barrow, Hanley, Mewhinney & Strauss is Johnson Controls’ leading shareholder among the gurus.
Johnson Controls has a P/E of 66.7, a forward P/E of 10.9, a P/B of 2.9 and a P/S of 0.8. GuruFocus gives Johnson Controls a Financial Strength rating of 8/10 and a Profitability and Growth rating of 6/10.
Johnson Controls sold for $44.66 per share Friday afternoon. The DCF Calculator gives Johnson Controls a fair value of $12.45.
The guru hiked its stake in Occidental Petroleum Co. (OXY, Financial), an oil and gas company based in Houston, by nearly 20%. The firm purchased 3,373,349 shares for an average price of $67.02 per share. The transaction had a 0.35% impact on the guru’s portfolio.
The stake, now 20,657,597 shares, is 2.7% of Occidental Petroleum’s outstanding shares and 2.16% of the firm’s total assets. Barrow, Hanley, Mewhinney & Strauss is Occidental Petroleum’s leading shareholder among the gurus.
Occidental Petroleum has a forward P/E of 72.5, a P/B of 2.4 and a P/S of 4.9. GuruFocus gives Occidental Petroleum a Financial Strength rating of 6/10 and a Profitability and Growth rating of 7/10.
Occidental Petroleum sold for $74.54 per share Friday afternoon. The DCF Calculator gives Occidental Petroleum a fair value of $-116.22.
The firm raised its stake in BP PLC (BP, Financial), a London-based oil and gas company, by more than 24% with the purchase of 7,249,964 shares for an average price of $29.98 per share. The deal had a 0.33% impact on the guru’s portfolio.
The stake, now 37,311,884 shares, is 1.2% of BP’s outstanding shares and 1.72% of the firm’s total assets. Barrow, Hanley, Mewhinney & Strauss is BP’s leading shareholder among the gurus.
BP has a forward P/E of 11.7, a P/B of 1 and a P/S of 0.5. GuruFocus gives BP a Financial Strength rating of 6/10 and a Profitability and Growth rating of 5/10.
BP sold for $31.87 per share Friday afternoon. The DCF Calculator gives BP a fair value of $-33.82.
The guru invested in a 1,821,412-share stake in Willis Towers Watson PLC (WLTW, Financial), a London-based risk management, insurance brokerage and advisory company, for an average price of $115.19 per share. The transaction had a 0.33% impact on the guru’s portfolio.
The stake is 1.32% of Willis Towers Watson’s outstanding shares and 0.33% of the firm’s total assets. Jeff Ubben (Trades, Portfolio) is Willis Towers Watson’s leading shareholder among the gurus with a stake of 7,680,015 shares. The stake is 5.55% of Willis Towers Watson’s outstanding shares and 9.1% of Ubben’s total assets.
Willis Towers Watson has a P/E of 31, a forward P/E of 14.8, a P/B of 1.6 and a P/S of 2.3. GuruFocus gives Willis Towers Watson a Financial Strength rating of 6/10 and a Profitability and Growth rating of 7/10.
Willis Towers Watson sold for $127.22 per share Friday afternoon. The DCF Calculator gives Willis Towers Watson a fair value of $44.09.
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