Investment firm Barrow, Hanley, Mewhinney & Strauss reduced many positions and exited several others in the fourth quarter.Â
The firm closed its position in Orbital ATK Inc. (OA, Financial), impacting the portfolio by -0.44%.
The aerospace and defense company has a market cap of $7.65 billion and an enterprise value of $8.71 billion.
GuruFocus gives the company a profitability and growth rating of 2 out of 10. Its return on equity of 15.95% and return on assets of 5.60% are outperforming 72% of companies in the Global Aerospace and Defense industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.25 is below the industry median of 0.50.
First Eagle Investment (Trades, Portfolio) is the company's largest shareholder among the gurus with 7.81% of outstanding shares, followed by Mario Gabelli (Trades, Portfolio) with 0.73% and NWQ Managers (Trades, Portfolio) with 0.68%.
The Lowe's Companies Inc. (LOW, Financial) stake was reduced by 17.42%. The trade had an impact of -0.32% on the portfolio.
The company has a market cap of $71.49 billion and an enterprise value of $87.8 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. Its ROE of 59.02% and ROA of 9.53% are outperforming 84% of companies in the Global Home Improvement Stores industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.04 is below the industry median of 0.82.
The largest guru shareholder of the company is Barrow, Hanley, Mewhinney & Strauss with 1.51% of outstanding shares, followed by Pioneer Investments (Trades, Portfolio) with 0.42% and Jim Simons (Trades, Portfolio) with 0.17%.
The Qualcomm Inc. (QCOM, Financial) position was trimmed by 11.56%. The transaction had an impact of -0.23% on the portfolio.
The semiconductor and telecommunications equipment company has a market cap of $91.52 billion and an enterprise value of $78.96 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. Its ROE of -14.03% and ROA of -6.89% are underperforming 84% of companies in the Global Semiconductors industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 1.55 is above the industry median of 1.48.
PRIMECAP Management (Trades, Portfolio) is another notable guru shareholder of the company with 1.03% of outstanding shares, followed by the T Rowe Price Equity Income Fund (Trades, Portfolio) with 0.43% and Jeremy Grantham (Trades, Portfolio) with 0.39%.
The firm trimmed 10.85% off its Cardinal Health Inc. (CAH, Financial) stake, impacting the portfolio by -0.22%.
The health care services company has a market cap of $22.16 billion and an enterprise value of $30.69 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. Its ROE of 26.77% and ROA of 4.69% are outperforming 61% of companies in the Global Medical Distribution industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.13 is below the industry median of 0.69.
Another notable guru shareholder is the Vanguard Health Care Fund (Trades, Portfolio) with 2.41% of outstanding shares, followed by Seth Klarman (Trades, Portfolio) with 1.62% and Richard Pzena (Trades, Portfolio) with 0.62%.
The firm's Embraer SA (ERJ, Financial) holding was closed. The trade had an impact of -0.21% on the portfolio.
The airplane manufacturer has a market cap of $4.84 billion and an enterprise value of $6.18 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. Its ROE of 10.56% and ROA of 3.42% are outperforming 54% of companies in the Global Aerospace and Defense industry. Its financial strength is rated 5 out of 10. Its cash-debt ratio of 0.68 is above the industry median of 0.50.
Charles Brandes (Trades, Portfolio) is the company's largest guru shareholder with 9.86% of outstanding shares, followed by Hotchkis & Wiley with 4.47%.
The Philip Morris International Inc. (PM, Financial) stake was cut by 7.34%, impacting the portfolio by -0.21%.
The tobacco company has a market cap of $169.3 billion and an enterprise value of $197.05 billion.
GuruFocus gives the company a profitability and growth rating of 5 out of 10. Its ROA of 15.31% and return on capital of 162.77% are outperforming 69% of companies in the Global Tobacco industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.25 is below the industry median of 0.43.
Another notable guru shareholder is Tom Russo (Trades, Portfolio) with 1% of outstanding shares, followed by Simons with 0.65% and Diamond Hill Capital (Trades, Portfolio) with 0.24%.
The firm closed its position in CNH Industrial NV (CNHI, Financial). The transaction had an impact of -0.2% on the portfolio.
The company, which makes agricultural and construction equipment, has a market cap of $18.36 billion and an enterprise value of $40.05 billion.
GuruFocus gives the company a profitability and growth rating of 5 out of 10. While its ROE of 6.65% is outperforming the sector, its ROA of 0.63%% is underperforming 72% of companies in the Global Farm and Construction Equipment industry. Its financial strength is rated 4 out of 10. The cash-debt ratio of 0.21 is below the industry median of 0.54.
With 2.27% of outstanding shares, Hotchkis & Wiley is the company's largest guru shareholder, followed by Mason Hawkins (Trades, Portfolio) with 0.87%.
The firm's Owens-Corning Inc. (OC, Financial) stake was reduced by 30.20%, impacting the portfolio by -0.2%.
The company, which manufactures insulation, roofing and fiberglass, has a market cap of $9.1 billion and an enterprise value of $11.3 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. Its ROE of 67.24% and ROA of 3.47% are outperforming 59% of companies in the Global Building Materials industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.10 is below the industry median of 0.40.
With 0.88% of outstanding shares, David Tepper (Trades, Portfolio) is another notable guru shareholder of the company, followed by Simons with 0.74%.
Disclosure: I do not own any stocks mentioned in this article.
