Arnold Van Den Berg (Trades, Portfolio) is a value investor and considers himself a student of Benjamin Graham. His investment research seeks to determine the appraised value of a company, often referred to as intrinsic value.
The investor reduced his stake in DaVita HealthCare Partners Inc. (DVA) by 75.89% and with an impact of -3.14% on the portfolio.
The company operates kidney dialysis centers and provides related lab services mainly in dialysis centers and in contracted hospitals across the U.S. It also operates other ancillary services and strategic initiatives.
Net income was 47 cents per share in the first quarter and adjusted net income attributable to DaVita HealthCare Partners Inc. was 86 cents per share.
GuruFocus gives the stock a profitability and growth rating of 8 out of 10 with ROE of 9.68% that is out performing and ROA of 2.56% that is under performing 61% of the companies in the Global Medical Care industry. Financial strength has a rating of five out of 10, with cash to debt 0.16 that is below the industry median of 0.40.
Warren Buffett (Trades, Portfolio) is the largest shareholder of the company among the gurus, with 18.68% of outstanding shares followed by Manning & Napier Advisors with 0.93%, Andreas Halvorsen (Trades, Portfolio) with 0.84% and Jim Simons (Trades, Portfolio) with 0.53%.
The guru exited his stake in Jacobs Engineering Group Inc. (JEC) with an impact of -2.71% on the portfolio.
The company through its subsidiaries provides technical, professional and construction services including engineering, design and architectural, construction management, operations and maintenance, and scientific and systems consulting services.
GuruFocus gives the stock a profitability and growth rating of 6 out of 10 with ROE of 5.36%, which is under performing and ROA of 2.98% that is out performing 50% of the companies in the Global Engineering & Construction industry. Financial strength has a rating of 7 out of 10, with cash to debt of 1.05 that is above industry median of 0.91.
The largest shareholder among the gurus is PRIMECAP Management (Trades, Portfolio) with 6.7% of outstanding shares followed by Ruane Cunniff (Trades, Portfolio) with 4.69%, Chuck Royce (Trades, Portfolio) with 0.18%, Joel Greenblatt (Trades, Portfolio) with 0.06% and David Dreman (Trades, Portfolio) with 0.01%.
The investor closed his stake in Yamana Gold Inc. (AUY) with an impact of -2.69% % on the portfolio.
The company is a gold producer engaged in gold mining activities including exploration, extraction, processing and reclamation. It has metal properties and land positions throughout the Americas including in Brazil, Chile, Argentina, Mexico and Canada.
First quarter revenue decreased $27.8 million compared to the first quarter of 2015 due to lower metal prices and planned lower silver and copper production. Net earnings increased 19 cents per share compared to the first quarter of 2015.
GuruFocus gives the stock a profitability and growth rating of 6 out of 10 with ROE of 1-33.87% and ROA of -18.16%, which are underperforming 70% of the companies in the Global Gold industry. Financial strength has a rating of 4 out of 10, with cash to debt 0.18, which is above the industry median of 8.92.
Donald Smith (Trades, Portfolio) is the largest shareholder of the company among the gurus, with 3.91% of outstanding shares followed by Jim Simons (Trades, Portfolio) with 0.71%, Ray Dalio (Trades, Portfolio) with 0.12% and John Buckingham (Trades, Portfolio) with 0.09%.
The guru reduced his stake in Agnico Eagle Mines Ltd. (AEM) by 52.05% with an impact of -1.32% on the portfolio.
It is a gold mining company is engaged in production and sale of gold as well as exploration and mine development. Its mining operations are located in Canada, Mexico and Finland.
For the first quarter, the company reported net income of $28.7 million or 13 cents per share, and cash provided by operating activities was $145.7 million.
GuruFocus gives the stock a profitability and growth rating of 7 out of 10 with ROE of 0.55% and ROA of 0.34% that are out performing 75% of the companies in the Global Gold industry. Financial strength has a rating of 6 out of 10, with cash to debt of 0.22 that is below industry median of 8.92.
The largest shareholder among the gurus is First Eagle Investment (Trades, Portfolio) with 7.21% of outstanding shares followed by John Paulson (Trades, Portfolio) with 0.57%, Stanley Druckenmiller (Trades, Portfolio) with 0.2%, Ray Dalio (Trades, Portfolio) with 0.12% and John Hussman (Trades, Portfolio) with 0.1%.
The investor acquired 85,223 shares in Schlumberger Ltd. (SLB) with an impact of 1.13% on the portfolio.
The company is a supplier of technology, integrated project management and information solutions to customers working in the oil and gas industry. Its business segments are Reservoir Characterization Group, Drilling Group and Production Group.
First quarter revenue decrease 36% year over year and 16% from the fourth quarter. The company reported a decrease of 55% for pretax operating income.
GuruFocus gives the stock a profitability and growth rating of 8 out of 10 with ROE of 4.33% and ROA of 2.42 that are out performing 75% of the companies in the Global Oil & Gas Equipment & Services industry. Financial strength has a rating of 6 out of 10, with cash to debt 0.67 that is above the industry median of 0.45
Dodge & Cox is the largest shareholder of the company among the gurus, with 5% of outstanding shares followed by Frank Sands (Trades, Portfolio) with 0.56%, Manning & Napier Advisors with 0.54%, PRIMECAP Management (Trades, Portfolio) with 0.35%, David Rolfe (Trades, Portfolio) with 0.35% and Ken Fisher (Trades, Portfolio) with 0.34%.
The guru closed his stake in Coca-Cola Co. (KO) with an impact of -0.34% on the portfolio.
The company manufactures, distributes and markets non-alcoholic beverage concentrates and syrups.
During the last quarter revenue declined 4% from the first quarter a year before but organic revenue grew 2%. The company reported an increase of 2% in global volume.
GuruFocus gives the stock a profitability and growth rating of 6 out of 10 with ROE of 27.20% and ROA of 7.93, which are out performing 65% of the companies in the Global Beverages - Soft Drinks industry. Financial strength has a rating of 6 out of 10, with cash to debt of 0.47, which is below industry median of 0.69.
The largest shareholder among the gurus is Warren Buffett (Trades, Portfolio) with 9.25% of outstanding shares followed by Donald Yacktman (Trades, Portfolio) with 0.42%, Ken Fisher (Trades, Portfolio) with 0.24%, Jeremy Grantham (Trades, Portfolio) with 0.24% and Yacktman Fund (Trades, Portfolio) with 0.21%.
The investor increased his stake in Atwood Oceanics Inc. (ATW) by 43.32% and with an impact of 0.78% on the portfolio.
The company is an offshore drilling contractor, engaged in drilling and completion of exploratory and developmental oil and gas wells.
Second quarter net income was $1.89 per diluted share, on revenues of $296.4 million compared to net income of $1.89 per diluted share, on revenues of $350.4 million for the same quarter of 2015.
GuruFocus gives the stock a profitability and growth rating of 9 out of 10 with ROE of 14.60% and ROA of 8.99%, which are out performing 91% of the companies in the Global Oil & Gas Drilling industry. Financial strength has a rating of 9 out of 10, with cash to debt 0.14, which is below the industry median of 0.22.
Other notable shareholders of the company among the gurus are Steven Cohen (Trades, Portfolio) with 1.6%, Joel Greenblatt (Trades, Portfolio) with 1.18%, David Dreman (Trades, Portfolio) with 0.43% and Chuck Royce (Trades, Portfolio) with 0.21%.
Disclosure: I do not own any shares of any stocks mentioned in this article.
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