Richard Pzena (Trades, Portfolio) sold shares in the following stocks during the first quarter.
The guru sold out his Hilton Worldwide Holdings Inc. (HLT) holding, impacting the portfolio by -1%.
The company manages more than 700,000 rooms across over 10 brands. It has a market cap of $24.89 billion and an enterprise value of $30.89 billion.
GuruFocus gives the company a profitability and growth rating of 5 out of 10. Its return on equity (ROE) of 80.37% and return on assets (ROA) of 9.43% are outperforming 80% of companies in the Global Lodging industry. Its financial strength is rated 3 out of 10. The cash-debt ratio of 0.09 is below the industry median of 0.78.
PRIMECAP Management (Trades, Portfolio) is the largest shareholder of the company among the gurus with 0.29% of outstanding shares followed by Steven Cohen (Trades, Portfolio) with 0.19% and Pioneer Investments (Trades, Portfolio) with 0.16%.
Pzena’s stake of Cigna Corp. (CI) was reduced by 81.02%. The trade had an impact of -0.82% on the portfolio.
The company provides health-care insurance products. It has a market cap of $41.25 billion and an enterprise value of $43.54 billion.
GuruFocus gives the company a profitability and growth rating of 6 out of 10. While the ROE of 18.02% is outperforming the sector, ROA of 4.12% is underperforming 57% of companies in the Global Health Care Plans industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.52 is below the industry median of 1.15.
The largest shareholder of the company among the gurus is Dodge & Cox with 4.41% of outstanding shares followed by Vanguard Health Care Fund (Trades, Portfolio) with 2.08% and Larry Robbins (Trades, Portfolio) with 1.08%.
Pzena exited 20.58% of his Hewlett Packard Enterprise Co. (HPE) position. The transaction had an impact of -0.65% on the portfolio.
The company provides servers, storage, networking and technology services. It has a market cap of $27.34 billion and an enterprise value of $33.66 billion.
GuruFocus gives the company a profitability and growth rating of 5 out of 10. While the ROE of 5.52% is outperforming the sector, ROA of 2.24% is underperforming 52% of companies in the Global Communication Equipment industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.55 is below the industry median of 2.00.
Dodge & Cox is the largest shareholder of the company among the gurus with 15.35% of outstanding shares followed by PRIMECAP Management (Trades, Portfolio) with 6.27% and HOTCHKIS & WILEY with 5.52%.
The guru also closed his holding of Seagate Technology PLC (STX), impacting the portfolio by -0.57%.
The company designs and manufactures a broad range of hard disks used in desktop PC, laptops, game consoles and digital video recorders. It has a market cap of $16.43 billion and an enterprise value of $18.32 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. The ROE of 62.76% and ROA of 9.13% are outperforming 73% of companies in the Global Data Storage industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.61 is below the industry median of 1.41.
The largest shareholder of the company among the gurus is VA Partners I, LLC with 7.48% of outstanding shares followed by Jeff Ubben (Trades, Portfolio) with 7.48%, Pioneer Investments (Trades, Portfolio) with 0.73% and Joel Greenblatt (Trades, Portfolio) with 0.13%.
Pzena cuts 23.29% of his Walmart Inc. (WMT) stake. The trade had an impact of -0.57% on the portfolio.
The company operates retail stores in various formats under various banners. It has a market cap of $245.23 billion.
GuruFocus gives the company a profitability and growth rating of 6 out of 10. The ROE of 12.91% and ROA of 4.86% are outperforming 60% of companies in the Global Discount Stores industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.15 is below the industry median of 0.55.
Bill Gates (Trades, Portfolio) is the largest shareholder of the company among the gurus with 0.39% of outstanding shares followed by Ken Fisher (Trades, Portfolio) with 0.33% and Dodge & Cox with 0.21%.
The Lamar Advertising Co. Class A (LAMR)’s holding was almost closed after a reduction of 92.54% that had an impact of -0.54% on the portfolio.
The company leases space for advertising on billboards, buses, logo plates, airport terminals and other public locations. It has a market cap of $6.51 billion and an enterprise value of $9.13 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. The ROE of 27.11% and ROA of 7.20% are outperforming 84% of companies in the Global REIT - Diversified industry. Its financial strength is rated 4 out of 10. The cash-debt ratio of 0.25 is below the industry median of 0.52.
The largest shareholder of the company among the gurus is Jim Simons (Trades, Portfolio) with 1.08% of outstanding shares followed by Cohen with 0.66% and Columbia Wanger (Trades, Portfolio) with 0.34%.
The investor cut 14.02% of his Voya Financial Inc. (VOYA) stake. The trade had an impact of -0.42% on the portfolio.
The company provides retirement solutions to individual and institutional clients in the United States. It has a market cap of $8.91 billion.
GuruFocus gives the company a profitability and growth rating of 4 out of 10. The ROE of -20.26% and ROA of -1.09% are underperforming 91% of companies in the Global Asset Management industry. Its financial strength is rated 4 out of 10 with a cash-debt ratio of 0.39.
Pzena is the largest shareholder of the company among the gurus with 6.31% of outstanding shares followed by David Einhorn (Trades, Portfolio) with 3.38%, Louis Moore Bacon (Trades, Portfolio) with 1.06% and Richard Snow (Trades, Portfolio) with 0.81%.
Disclosure: I do not own any shares of any stocks mentioned in this article.
