NWQ Managers (Trades, Portfolio), the value-oriented money management firm, sold shares in the following stocks during the first quarter.
The guru sold 87.19% of its Royal Philips NV ADR (PHG), impacting the portfolio by -1.02%.
The company provides various services in the area of personal health and health tech. It has a market cap of $38.48 billion and an enterprise value of $41.05 billion.
GuruFocus gives the company a profitability and growth rating of 5 out of 10. Its return on equity (ROE) of 12.73% and return on assets (ROA) of 5.18% are outperforming 76% of companies in the Global Diagnostics and Research industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.47 is below the industry median of 0.61.
Hotchkis & Wiley is the largest shareholder of the company among the gurus with 1.08% of outstanding shares followed by Jim Simons (Trades, Portfolio) with 0.05% and Eaton Vance Worldwide Health Sciences Fund (Trades, Portfolio) with 0.04%.
The holding of Orbital ATK Inc. (OA) was closed. The trade had an impact of -0.74% on the portfolio.
The company operates in the aerospace and defense technologies. It has a market cap of $7.73 billion and an enterprise value of $9.13 billion.
GuruFocus gives the company a profitability and growth rating of 5 out of 10. The ROE of 17.63% and ROA of 6.24% are outperforming 70% of companies in the Global Aerospace and Defense industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.04 is below the industry median of 0.53.
The largest shareholder of the company among the gurus is First Eagle Investment (Trades, Portfolio) with 7.76% of outstanding shares followed by Mario Gabelli (Trades, Portfolio) with 0.48% and Paul Tudor Jones (Trades, Portfolio) with 0.4%.
The firm exited its position in The Interpublic Group of Companies Inc. (IPG). The transaction had an impact of -0.5% on the portfolio.
The advertising and marketing service company has a market cap of $8.87 billion and an enterprise value of $10.4 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. The ROE of 26.46% and ROA of 4.53% are outperforming 63% of companies in the Global Advertising Agencies industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.29 is below the industry median of 1.83.
Richard Pzena (Trades, Portfolio) is the largest shareholder of the company among the gurus with 4.57% of outstanding shares followed by John Rogers (Trades, Portfolio) with 1.99% and Pioneer Investments (Trades, Portfolio) with 1.35%.
The guru exited its PayPal Holdings Inc. (PYPL) position, impacting the portfolio by -0.5%.
The company provides electronic payment solutions to merchants and consumers. It has a market cap of $96.13 billion and an enterprise value of $92.82 billion.
GuruFocus gives the company a profitability and growth rating of 6 out of 10. The ROE of 12.70% and ROA of 5.07% are outperforming 66% of companies in the Global Credit Services industry. Its financial strength is rated 7 out of 10. The cash-debt ratio of 2.10 is below the industry median of 8.43.
The largest shareholder of the company among the gurus is Steve Mandel (Trades, Portfolio) with 0.9% of outstanding shares followed by Spiros Segalas (Trades, Portfolio) with 0.51%, PRIMECAP Management (Trades, Portfolio) with 0.34% and Pioneer Investments (Trades, Portfolio) with 0.26%.
The stake of Bank of N.T. Butterfield & Son Ltd. (NTB) was reduced by 25.67%. The trade had an impact of -0.4312% on the portfolio.
The company provides international financial services. It has a market cap of $2.65 billion and an enterprise value of $816.59 million.
GuruFocus gives the company a profitability and growth rating of 2 out of 10. The ROE of 20.40% and ROA of 1.50% are outperforming 77% of companies in the Global Banks - Global industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 15.78 is above the industry median of 2.12.
NWQ Managers (Trades, Portfolio) is the largest shareholder of the company among the gurus with 4.35% of outstanding shares followed by Chris Davis (Trades, Portfolio) with 4.25%.
The Mitel Networks Corp. (MITL) holding was trimmed by 31.01%, impacting the portfolio by -0.4%.
The company is a provider of business communications and collaboration software. It has a market cap of $1.35 billion and an enterprise value of $1.91 billion.
GuruFocus gives the company a profitability and growth rating of 6 out of 10. The ROE of -14.02% and ROA of -3.43% are underperforming 81% of companies in the Global Communication Equipment industry. Its financial strength is rated 4 out of 10. The cash-debt ratio of 0.07 is below the industry median of 2.00.
The largest guru shareholder is Steven Cohen (Trades, Portfolio) with 1.16% of outstanding shares followed by Simons with 0.98% and Joel Greenblatt (Trades, Portfolio) with 0.22%.
The Macy's Inc. (M) position was cut 32.60%. The trade had an impact of -0.39% on the portfolio.
The company sells merchandise, including apparel and accessories, cosmetics and other consumer goods. It has a market cap of $10.44 billion and an enterprise value of $14.77 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. The ROE of 33.09% and ROA of 8.30% are outperforming 76% of companies in the Global Department Stores industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.26 is below the industry median of 1.02.
Simons is the largest shareholder of the company among the gurus with 1.3% of outstanding shares followed by Cohen with 0.2%, Greenblatt with 0.13% and Gabelli with 0.1%.
Disclosure: I do not own any shares of any stocks mentioned in this article.
