John Rogers (Trades, Portfolio)' Ariel Investment LLC was founded in 1983, and its portfolio is composed of 188 stocks with a total value of $8.505 billion. During the first quarter the firm sold shares of the following stocks:
The firm reduced its shares of Kennametal Inc. (KMT) by 25.54% with an impact of -0.48% on the portfolio.
The company is engaged in developing and manufacturing metalworking tools and wear-resistant engineered components and coatings. Its operating segments include Industrial and Infrastructure.
GuruFocus gives the stock a profitability and growth rating of 5 out of 10. The return on assets (ROA) of -4.29% and return on capital (ROC) of -1.79% are underperforming 89% of the companies in the Global Tools and Accessories industry. Financial strength has a rating of 6 out of 10. The cash-debt ratio of 0.15 is below the industry median of 1.08.
Another notable shareholder among the gurus is David Tepper (Trades, Portfolio) with 1.25% of outstanding shares followed by Mario Gabelli (Trades, Portfolio) with 0.6%, Pioneer Investments (Trades, Portfolio) with 0.23%, Chuck Royce (Trades, Portfolio) with 0.2% and Barrow, Hanley, Mewhinney & Strauss with 0.18%.
The guru reduced its shares in Anixter International Inc. (AXE) by 25.54% with an impact of -0.2% on the portfolio.
It is a supplier of communications and security products, fasteners and other small components. Its segment includes Enterprise Cabling and Security Solutions, Electrical and Electronic Wire and Cable and OEM Supply.
GuruFocus gives the stock a profitability and growth rating of 6 out of 10. The ROE of 10.06% and ROA of 3.14% are outperforming 53% of the companies in the Global Industrial Distribution industry. Financial strength has a rating of 5 out of 10. The cash-debt ratio of 0.09 is below the industry median of 0.90.
Ken Fisher (Trades, Portfolio) is another notable shareholder among the gurus with 2% of outstanding shares followed by Richard Pzena (Trades, Portfolio) with 1.42%, Royce with 1.22%, Third Avenue Management (Trades, Portfolio) with 1.07%, Martin Whitman (Trades, Portfolio) with 0.8% and Joel Greenblatt (Trades, Portfolio) with 0.46%.
The investor reduced its shares in Bio-Rad Laboratories Inc. (BIO) by 23.96%. The trade had an impact of -0.46% on the portfolio.
The company manufactures and supplies the life science research, health care, analytical chemistry and other markets with products and systems used to separate complex chemical and biological materials.
GuruFocus gives the stock a profitability and growth rating of 4 out of 10. The ROE of 1.07% and ROA of 0.73% are outperforming 51% of the companies in the Global Diagnostics and Research industry. Financial strength has a rating of 7 out of 10. The cash-debt ratio of 1.56 is above the industry median of 3.04.
Another notable shareholder among the gurus is NWQ Managers (Trades, Portfolio) with 1.1% of outstanding shares followed by Fisher with 0.93%, Royce with 0.5%, Steven Cohen (Trades, Portfolio) with 0.32%, Jim Simons (Trades, Portfolio) with 0.3% and Gabelli with 0.19%.
The investor almost closed its position in CEB Inc. (CEB) with a reduction of 98.88% and an impact of -0.38% on the portfolio.
The company provides data analysis, research and advisory services that align to executive leadership roles and key recurring decisions and enables members to focus efforts to address emerging and recurring business challenges.
GuruFocus gives the stock a profitability and growth rating of 7 out of 10. The ROE of -2.47% and ROA of 13.27% are underperforming 78% of the companies in the Global Business Services industry. Financial strength has a rating of 4 out of 10. The cash-debt ratio of 0.15 is below the industry median of 1.28.
Royce is the largest shareholder among the gurus with 0.36% of outstanding shares followed by Simons with 0.33%, Gabelli with 0.04% and Rogers with 0.02%.
The guru reduced its shares in Tiffany & Co. (TIF) by 51.37%. The transaction had an impact of -0.33% on the portfolio.
The company through its subsidiary operates as a jeweler and specialty retailer. It also sells timepieces, sterling silver goods, china, crystal, stationery, fragrances, personal accessories and leather goods.
GuruFocus gives the stock a profitability and growth rating of 7 out of 10. The ROE of 15.19% and ROA of 8.71% are outperforming 76% of the companies in the Global Luxury Goods industry. Financial strength has a rating of 7 out of 10. The cash-debt ratio of 0.89 is below the industry median of 0.97.
The largest shareholder among the gurus is Jana Partners (Trades, Portfolio) with 4.55% of outstanding shares followed by First Eagle Investment (Trades, Portfolio) with 3.23%, Pioneer Investments with 0.5%, Charles de Vaulx (Trades, Portfolio) with 0.45%, Simons with 0.33% and Ron Baron (Trades, Portfolio) with 0.22%.
The guru reduced its shares in CBS Corp. Class BÂ (CBS) by 33.31%. The trade had an impact of -0.3% on the portfolio.
The company operates businesses within the media and entertainment industries including the CBS Television Network, cable networks, content production and distribution, television and radio stations, internet-based businesses and consumer publishing.
GuruFocus gives the stock a profitability and growth rating of 7 out of 10. The ROE of 11.76% and ROA of 2.28% are outperforming 69% of the companies in the Global Media - Diversified industry. Financial strength has a rating of 4 out of 10. The cash-debt ratio of 0.02 is below the industry median of 1.52.
Larry Robbins (Trades, Portfolio) is the largest shareholder among the gurus with 1.35% of outstanding shares followed by HOTCHKIS & WILEY with 0.91%, Tepper with 0.26%, Pioneer Investments with 0.15%, PRIMECAP Management (Trades, Portfolio) with 0.15% and Whitman with 0.13%.
The firm reduced its shares in Franklin Resources Inc. (BEN) by 36.96% with an impact of -0.26% on the portfolio.
It is an investment management company. Its services include fund administration, sales, distribution, marketing, shareholder servicing and other fiduciary services.
GuruFocus gives the stock a profitability and growth rating of 8 out of 10. The ROE of 14.81% and ROA of 10.93% are outperforming 76% of the companies in the Global Asset Management industry. Financial strength has a rating of 8 out of 10. The cash-debt ratio of 6.07 is below the industry median of 9,999.0.
The largest shareholder among the gurus is Pzena with 1.8% of outstanding shares followed by David Abrams (Trades, Portfolio) with 1.42%, Diamond Hill Capital (Trades, Portfolio) with 0.68%, Mason Hawkins (Trades, Portfolio) with 0.43%, RS Investment Management (Trades, Portfolio) with 0.07%, Michael Price (Trades, Portfolio) with 0.06% and Jeff Auxier (Trades, Portfolio) with 0.03%.
The guru reduced its shares in Zebra Technologies Corp. (ZBRA) by 10.88%. The trade had an impact of -0.24% on the portfolio.
The company develops products for the automatic identification and data capture market. Its products find use in mobiles, computers, barcode scanners, RFID readers and specialty printers.
GuruFocus gives the stock a profitability and growth rating of 8 out of 10. The ROE of -12.73% and ROA of -2.18% are underperforming 90% of the companies in the Global Diversified Industrials industry. Financial strength has a rating of 4 out of 10. The cash-debt ratio of 0.07 is below the industry median of 1.08.
Rogers is the largest shareholder among the gurus with 3.61% of outstanding shares followed by Richard Snow (Trades, Portfolio) with 1.12%, Simons with 0.52%, Robert Olstein (Trades, Portfolio) with 0.36% and Westport Asset Management (Trades, Portfolio) with 0.33%.
Disclosure: I do not own any shares of any stocks mentioned in this article.
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