Joel Greenblatt (Trades, Portfolio) is known for the invention of Magic Formula Investing and founder of the New York Securities Auction Corp. (NYSAC). During the fourth quarter the guru bought shares of the following stocks:
He boosted his position of Ingersoll-Rand PLC (IR) by 7,388.42% with an impact of 0.71% on the portfolio.
It is a diversified company that provides products, services and solutions to enhance the quality and comfort of air in homes and buildings, transport and protect food and perishables and increase industrial productivity and efficiency.
GuruFocus gives the stock a profitability and growth rating of 8 out of 10. The return on equity (ROE) of 23.48% and return on assets (ROA) of 8.56% are outperforming 83% of the companies in the Global Diversified Industrials industry. Financial strength has a rating of 6 out of 10. The cash-debt ratio of 0.42 is below the industry median of 1.04.
The largest shareholder among the gurus is Pioneer Investments (Trades, Portfolio) with 1.25% of outstanding shares followed by Jim Simons (Trades, Portfolio) with 0.41%, NWQ Managers (Trades, Portfolio) with 0.35%, Greenblatt with 0.29% and Paul Tudor Jones (Trades, Portfolio) with 0.01%.
The investor added to his stake of CVS Health Corp. (CVS) by 139.61% with an impact of 0.62% on the portfolio.
It is an integrated pharmacy health care provider. The company has three segments: Pharmacy Services, Retail Pharmacy and Corporate.
GuruFocus gives the stock a profitability and growth rating of 8 out of 10. The ROE of 14.68% and ROA of 5.70% are outperforming 72% of the companies in the Global Health Care Plans industry. Financial strength has a rating of 6 out of 10. The cash-debt ratio of 0.13 is below the industry median of 1.02.
Barrow, Hanley, Mewhinney & Strauss is the largest shareholder among the gurus with 1.78% of outstanding shares followed by PRIMECAP Management (Trades, Portfolio) with 0.33%, Charles de Vaulx (Trades, Portfolio) with 0.13%, NWQ Managers with 0.13%, Jeremy Grantham (Trades, Portfolio) with 0.11% and Mario Gabelli (Trades, Portfolio) with 0.1%.
Greenblatt raised his holding of The Priceline Group Inc. (PCLN) by 474.40%. The trade had an impact of 0.59% on the portfolio.
The company is a provider of online travel and travel-related reservation and search services. It offers consumers accommodation reservations through its Booking.com, priceline.com and agoda.com brands.
GuruFocus gives the stock a profitability and growth rating of 9 out of 10. The ROE of 22.84% and ROA of 11.20% are outperforming 88% of the companies in the Global Leisure industry. Financial strength has a rating of 7 out of 10. The cash-debt ratio of 0.60 is below the industry median of 0.73.
The largest shareholder among the gurus is Chase Coleman (Trades, Portfolio) with 2.55% of outstanding shares followed by Frank Sands (Trades, Portfolio) with 2.55%, Dodge & Cox with 1.63%, Lee Ainslie (Trades, Portfolio) with 0.65%, Spiros Segalas (Trades, Portfolio) with 0.63% and Steve Mandel (Trades, Portfolio) with 0.62%.
The guru acquired 458,877 shares of Philip Morris International Inc. (PM) with an impact of 0.54% on the portfolio.
The company through its subsidiaries manufactures and sells cigarettes and other tobacco products in markets outside the U.S.
GuruFocus gives the stock a profitability and growth rating of 6 out of 10. The ROA of 19.81% and ROC of 161.40% are outperforming 74% of the companies in the Global Tobacco industry. Financial strength has a rating of 5 out of 10. The cash-debt ratio of 0.15 is below the industry median of 0.67.
Barrow, Hanley, Mewhinney & Strauss is the largest shareholder among the gurus with 1.19% of outstanding shares followed by Tom Russo (Trades, Portfolio) with 0.67%, Grantham with 0.24%, Diamond Hill Capital (Trades, Portfolio) with 0.08%, Tweedy Browne (Trades, Portfolio) with 0.08% and T Rowe Price Equity Income Fund (Trades, Portfolio) with 0.06%.
The guru bought 2,644,290 shares of HP Inc. (HPQ) with an impact of 0.51% on the portfolio.
The company provides products, technologies, software, solutions and services to individual consumers and small- and medium-sized businesses including customers in the government, health and education sectors.
GuruFocus gives the stock a profitability and growth rating of 5 out of 10. The ROA of 9.28% and ROC of 205.35% are outperforming 87% of the companies in the Global Computer Systems industry. Financial strength has a rating of 6 out of 10 with cash to debt of 0.93 that is below the industry median of 1.47.
The largest shareholder among the gurus is Dodge & Cox with 8.27% of outstanding shares followed by Richard Pzena (Trades, Portfolio) with 0.73%, Greenblatt with 0.16%, First Eagle Investment (Trades, Portfolio) with 0.16%, Barrow, Hanley, Mewhinney & Strauss with 0.5%, T Rowe Price Equity Income Fund with 0.39%, Donald Yacktman (Trades, Portfolio) with 0.13% and Yacktman Fund (Trades, Portfolio) with 0.12%.
The guru purchased 1,010,598 shares of Abbott Laboratories (ABT) with an impact of 0.5% on the portfolio.
The company discovers, develops, manufactures and sells health care products. Its products include branded generic pharmaceuticals manufactured internationally, marketed and sold outside the U.S.
GuruFocus gives the stock a profitability and growth rating of 7 out of 10. The ROE of 6.74% and ROA of 329% are outperforming 59% of the companies in the Global Medical Devices industry. Financial strength has a rating of 6 out of 10. The cash-debt ratio of 0.85 is below the industry median of 1.84.
The largest shareholder among the gurus is PRIMECAP Management with 0.86% of outstanding shares followed by Diamond Hill Capital with 0.72%, Vanguard Health Care Fund (Trades, Portfolio) with 0.62%, Pzena with 0.29%, Grantham with 0.26% and Simons with 0.17%.
The guru bought 366,203 shares of Caterpillar Inc. (CAT) with an impact of 0.44% on the portfolio.
The company is a manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. It is also a U.S. exporter.
GuruFocus gives the stock a profitability and growth rating of 4 out of 10. The ROE of -0.45% and ROA of -0.09% are underperforming 76% of the companies in the Global Farm and Construction Equipment industry. Financial strength has a rating of 5 out of 10 with cash to debt of 0.20 that is below the industry median of 0.52.
The largest shareholder among the gurus is Bill Gates (Trades, Portfolio) with 1.92% of outstanding shares followed by PRIMECAP Management with 1.06%, Bill Nygren (Trades, Portfolio) with 0.6%, Greenblatt with 0.06%, Tom Gayner (Trades, Portfolio) with 0.05%, Manning & Napier Advisors Inc. with 0.01%, John Buckingham with 0.01% and Dodge & Cox with 0.01%.
Disclosure: I do not own any shares of any stocks mentioned in this article.
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