Dodge & Cox, the investment firm founded by Van Duyn Dodge and E. Morris Cox, sold shares of the following stocks in the first quarter.
The firm trimmed its NetApp Inc. (NTAP, Financial) position by 96.41%, impacting the portfolio by -0.49%.
The company operates in the design, manufacturing and technical support of high-performance storage and data management solutions. It has a market cap of $18.95 billion and an enterprise value of $15.51 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. Its return on equity of -0.19% and return on assets of -0.05% are underperforming 74% of companies in the Global Data Storage industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 2.59 is above the industry median of 1.41.
Dodge & Cox is the largest shareholder of the company among the gurus with 0.13% of outstanding shares, followed by Joel Greenblatt (Trades, Portfolio) with 0.11% and Pioneer Investments (Trades, Portfolio) with 0.09%.
The Walmart Inc. (WMT, Financial) holding was reduced by 93.63%. The trade had an impact of -0.44% on the portfolio.
The retail giant has a market cap of $249.16 billion and an enterprise value of $291.84 billion.
GuruFocus gives the company a profitability and growth rating of 7 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.
The company's largest shareholder among the gurus is Bill Gates (Trades, Portfolio) with 0.39% of outstanding shares, followed by Ken Fisher (Trades, Portfolio) with 0.31%, Pioneer Investments with 0.16% and Richard Pzena (Trades, Portfolio) with 0.13%.
The firm curbed its Corning Inc. (GLW, Financial) holding by 92.73%. The transaction had an impact of -0.36% on the portfolio.
The company, which is the leading manufacturer and supplier of specialty glass and ceramics, has a market cap of $23.31 billion and an enterprise value of $27.77 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. The ROE of -7.43% and ROA of -4.23% are underperforming 79% of companies in the Global Electronic Components industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.60 is below the industry median of 1.41.
Hotchkis & Wiley is the largest guru shareholder of the company with 2.41% of outstanding shares, followed by Spiros Segalas (Trades, Portfolio) with 0.62% and Mairs and Power (Trades, Portfolio) with 0.29%.
Dodge & Cox trimmed its Alnylam Pharmaceuticals Inc. (ALNY, Financial) holding by 42.99%, impacting the portfolio by -0.35%.
The pharmaceutical company, which develops novel therapeutics based on RNA interference, has a market cap of $10.37 billion and an enterprise value of $8.83 billion.
GuruFocus gives the company a profitability and growth rating of 3 out of 10. The ROE of -40.16% and ROA of -33.45% are underperforming 51% of companies in the Global Biotechnology industry. Its financial strength is rated 7 out of 10. The cash-debt ratio of 52.26 is below the industry median of 73.06.
The company's largest guru shareholder is Dodge & Cox with 8.19% of outstanding shares, followed by the Vanguard Health Care Fund (Trades, Portfolio) with 6.85% and John Griffin (Trades, Portfolio) with 1.33%.
The firm reduced its UnitedHealth Group Inc. (UNH, Financial) holding by 21.35%. The trade had an impact of -0.34% on the portfolio.
The managed health care company has a market cap of $233.42 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. The ROE of 24.86% and ROA of 7.90% are outperforming 64% of companies in the Global Health Care Plans industry. Its financial strength is rated 6 out of 10. Its cash-debt ratio of 0.62 is below the industry median of 1.15.
The Vanguard Health Care Fund is the company's largest guru shareholder with 1.24% of outstanding shares, followed by Steve Mandel (Trades, Portfolio) with 0.38%.
The Target Corp. (TGT, Financial) position was trimmed by 31.38%, impacting the portfolio by -0.32%.
The retail company has a market cap of $39.07 billion and an enterprise value of $48.01 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. The ROE of 26.23% and ROA of 7.65% are outperforming 81% of companies in the Global Discount Stores industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.23 is below the industry median of 0.55.
Another notable guru shareholder of the company is Mairs and Power with 0.37% of outstanding shares, followed by Hotchkis & Wiley with 0.32% and Barrow, Hanley, Mewhinney & Strauss with 0.24%.
The fund reduced its Schlumberger Ltd. (SLB, Financial) position by 11.82%. The trade had an impact of -0.3% on the portfolio.
The company, which supplies products and services to the oil and gas industry, has a market cap of $99.18 billion and an enterprise value of $113.52 billion.
GuruFocus gives the company a profitability and growth rating of 5 out of 10. The ROE of -3.25% and ROA of -1.71% are underperforming 52% of companies in the Global Oil and Gas Equipment and Services industry. Its financial strength is rated 5 out of 10. Its cash-debt ratio of 0.23 is below the industry median of 0.49.
Fisher is another notable guru shareholder of the company with 0.42% of outstanding shares, followed by Manning & Napier with 0.35%, Segalas with 0.23% and Mairs and Power with 0.16%.
The firm trimmed its Cisco Systems Inc. (CSCO, Financial) holding by 16.23%, impacting the portfolio by -0.29%.
The supplier of data networking equipment and software has a market cap of $220.16 billion and an enterprise value of $185.84 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. The ROE of -2.31% and ROA of -1.12% are underperforming 70% of companies in the Global Communication Equipment industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 1.87 is below the industry median of 2.00.
Another notable guru shareholder of the company is Pioneer Investments with 0.4% of outstanding shares, followed by Fisher with 0.36% and Donald Yacktman (Trades, Portfolio) with 0.27%.
Disclosure: I do not own any stocks mentioned in this article.
