John Keeley

John Keeley

Last Update: 02-12-2016

Number of Stocks: 299
Number of New Stocks: 16

Total Value: $3,133 Mil
Q/Q Turnover: 5%

Countries: USA
Details: Top Buys | Top Sales | Top Holdings  Embed:

John Keeley' s Profile & Performance

Profile

John Keeley is President and Portfolio Manager/Analyst at Keeley Asset Management Corp., a registered investment advisor that he established in 1982.

Web Page:http://www.keeleyfunds.com

Investing Philosophy

John Keeley seeks capital appreciation through long-term value investing in small-cap stocks. He emphasizes the purchase of companies undergoing corporate redevelopment such as spin-offs, companies emerging from bankruptcy, securities trading below actual or perceived book-value, savings & loan and insurance conversions, and distressed utilities.

Total Holding History

Performance of Small Cap Value Fund

YearReturn (%)S&P500 (%)Excess Gain (%)
2015-11.491.19-12.7
20140.0713.69-13.6
201334.6332.392.2
3-Year Cumulative19.2 (6%/year)52.3 (15.1%/year)-33.1 (-9.1%/year)
201223.81167.8
2011-7.292.11-9.4
5-Year Cumulative36.9 (6.5%/year)80.4 (12.5%/year)-43.5 (-6%/year)
201025.9815.0610.9
200921.6726.46-4.8
2008-40.18-37-3.2
20077.175.491.7
200619.5515.793.8
10-Year Cumulative60.8 (4.9%/year)102 (7.3%/year)-41.2 (-2.4%/year)
200516.124.9111.2
200432.9410.8822.1
200318.6528.68-10.0
20022.72-22.124.8
200115.12-11.8927.0
15-Year Cumulative248.3 (8.7%/year)107.5 (5%/year)140.8 (3.7%/year)
20006.61-9.115.7
19993.3221.04-17.7
199812.9928.58-15.6
19970.5233.36-32.8
19969.4222.96-13.5
20-Year Cumulative376.7 (8.1%/year)381.4 (8.2%/year)-4.7 (-0.1%/year)
19950.9437.58-36.6
1994-7.021.32-8.3

Top Ranked Articles

KEELEY Small Cap Dividend Value Fund 4th Quarter Commentary Discussion of holdings and economy
In the fourth calendar quarter of 2015, the KEELEY Small Cap Dividend Value Fund (KSDVX) rose 2.87 percent compared to a 2.88 percent increase for the Russell 2000 Value Index. After a challenging third quarter, equity markets rebounded to post positive gains in the fourth quarter. However, many of the factors that weighed on markets throughout 2015 remain, and will most likely play a key role in 2016. The volatility in energy prices continued, and the situation may become even more volatile as companies succumb to the pressure of sustained low energy prices. China’s slowing growth is also having a spillover effect on the global economy and has placed additional pressure on the beleaguered energy sector. The decision by the Federal Reserve to finally end their run of monetary excess was welcomed by the markets, and we hope the decision will allow investors to finally place greater focus on company fundamentals going forward. One bright spot in recent years has been the U.S. consumer. Many factors point to continued momentum from the consumer, as employment growth, strength in housing, improving balance sheets, and an uptick in consumer confidence were all positive elements in the Read more...
Keeley Funds Comments on National Storage Affiliates Trust Guru stock highlight
The Fund's top performing position was National Storage Affiliates Trust (NSA) which climbed over 26 percent and added 47 basis points to our results. The company reported better than expected earnings on higher revenue driven by new properties and strong operating performance. Same-store net operating income (SSNOI) grew low double digits during the quarter surpassing peer results. Occupancy improved but the company has work to do there as they still lag peers in this metric. As a result of these strong numbers the company raised full year guidance which also had a positive impact on the share price during the quarter. Read more...
Keeley Funds Comments on John Bean Technologies Guru stock highlight
The Fund’s second largest contributor was John Bean Technologies (NYSE:JBT), which increased over 30 percent and added 42 basis points of performance to the Fund. The provider of solutions for food processing and airport transportation continued its impressive string of exceeding earnings estimates by delivering results in the third quarter that were 12 percent ahead of expectations. The company continues to see strong FoodTech sales and they also made an accretive acquisition of A&B Process, which makes fluid food equipment. Read more...
Keeley Funds Comments on LegacyTexas Financial Group Guru stock highlight
The largest detractor during the quarter was LegacyTexas Financial Group (LTXB) which declined over 17 percent and cost the Fund 31 basis points of performance. LegacyTexas reported a disappointing third quarter earnings release due primarily to higher loan loss reserves. Although none of these were related to exposure to energy, there continues to be a perception that the company may face longer-term issues as oil approaches $30 a barrel. Read more...
Keeley Funds Comments on Marriott Vacations Worldwide Corp Guru stock highlight
The second largest detractor was Marriott Vacations Worldwide Corp. (VAC) which fell over 16 percent and cost the Fund 28 basis points in performance. Despite a number of business channels remaining strong, such as their resort management, rentals, and financing businesses, lower revenue and a stronger U.S. dollar had a negative impact on their earnings. The company also lowered its sales guidance placing additional pressure on their shares. Read more...
» More John Keeley Articles

Commentaries and Stories

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Keeley Funds Comments on Marriott Vacations Worldwide Corp Guru stock highlight
The second largest detractor was Marriott Vacations Worldwide Corp. (VAC) which fell over 16 percent and cost the Fund 28 basis points in performance. Despite a number of business channels remaining strong, such as their resort management, rentals, and financing businesses, lower revenue and a stronger U.S. dollar had a negative impact on their earnings. The company also lowered its sales guidance placing additional pressure on their shares. More...

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Keeley Funds Comments on LegacyTexas Financial Group Guru stock highlight
The largest detractor during the quarter was LegacyTexas Financial Group (LTXB) which declined over 17 percent and cost the Fund 31 basis points of performance. LegacyTexas reported a disappointing third quarter earnings release due primarily to higher loan loss reserves. Although none of these were related to exposure to energy, there continues to be a perception that the company may face longer-term issues as oil approaches $30 a barrel. More...

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Keeley Funds Comments on John Bean Technologies Guru stock highlight
The Fund’s second largest contributor was John Bean Technologies (NYSE:JBT), which increased over 30 percent and added 42 basis points of performance to the Fund. The provider of solutions for food processing and airport transportation continued its impressive string of exceeding earnings estimates by delivering results in the third quarter that were 12 percent ahead of expectations. The company continues to see strong FoodTech sales and they also made an accretive acquisition of A&B Process, which makes fluid food equipment. More...

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Rating: 0.0/5 (0 votes)

Keeley Funds Comments on National Storage Affiliates Trust Guru stock highlight
The Fund's top performing position was National Storage Affiliates Trust (NSA) which climbed over 26 percent and added 47 basis points to our results. The company reported better than expected earnings on higher revenue driven by new properties and strong operating performance. Same-store net operating income (SSNOI) grew low double digits during the quarter surpassing peer results. Occupancy improved but the company has work to do there as they still lag peers in this metric. As a result of these strong numbers the company raised full year guidance which also had a positive impact on the share price during the quarter. More...

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Rating: 0.0/5 (0 votes)

KEELEY Small Cap Dividend Value Fund 4th Quarter Commentary Discussion of holdings and economy
In the fourth calendar quarter of 2015, the KEELEY Small Cap Dividend Value Fund (KSDVX) rose 2.87 percent compared to a 2.88 percent increase for the Russell 2000 Value Index. After a challenging third quarter, equity markets rebounded to post positive gains in the fourth quarter. However, many of the factors that weighed on markets throughout 2015 remain, and will most likely play a key role in 2016. The volatility in energy prices continued, and the situation may become even more volatile as companies succumb to the pressure of sustained low energy prices. China’s slowing growth is also having a spillover effect on the global economy and has placed additional pressure on the beleaguered energy sector. The decision by the Federal Reserve to finally end their run of monetary excess was welcomed by the markets, and we hope the decision will allow investors to finally place greater focus on company fundamentals going forward. One bright spot in recent years has been the U.S. consumer. Many factors point to continued momentum from the consumer, as employment growth, strength in housing, improving balance sheets, and an uptick in consumer confidence were all positive elements in the More...

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Keeley Funds Comments on HollyFrontier Corp Guru stock highlight
The second largest detractor was HollyFrontier Corporation (NYSE:HFC) which fell over 18 percent and cost the Fund 24 basis points in performance during the fourth quarter. The company was a solid performer leading up to the quarter. Although earnings results were reported as expected, given the decline in spreads, profit margins may decline along with unplanned maintenance downtime. More...

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Keeley Funds Comments on Ryder Systems Guru stock highlight
The largest detractor was Ryder Systems (NYSE:R) which fell over 23 percent and detracted 34 basis from our results during the quarter. The company reported disappointing earnings results as they were negatively impacted by execution issues which led to lower utilization and maintenance inefficiencies. A decrease in used vehicle pricing also weighed on the stock. More...

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Keeley Funds Comments on EPR Properties Guru stock highlight
The Fund’s second largest contributor was EPR Properties (NYSE:EPR) which increased over 13 percent and added 24 basis points of performance during the quarter. The specialty Real Estate Investment Trust (REIT) reported third quarter adjusted funds from operations (FFO) that exceeded expectations with a 10 percent increase in revenue from the prior year quarter. The company also raised guidance for the full year. More...

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Keeley Funds Comments on Autoliv Guru stock highlight
The Fund’s top performing position was Autoliv Inc. (NYSE:ALV) which climbed over 14 percent and added 25 basis points of return to the Fund during the quarter. The company reported better than expected results. Sales were strong across the board as active safety continues to perform well. The company also looks to gain additional market share in the airbag market given the recent struggles of their main competitor. More...

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KEELEY Mid Cap Dividend Value Fund Commentary - 4th Quarter 2015 Market and holdings commentary John Keeley - KEELEY Mid Cap Dividend Value Fund Commentary - 4th Quarter 2015
In the fourth calendar quarter of 2015, the KEELEY Mid Cap Dividend Value Fund (KMDVX) rose 1.28 percent compared to a 3.12 percent increase for the Russell Mid Cap Value Index. After a challenging third quarter, equity markets rebounded to post positive gains in the fourth quarter. However, many of the factors that weighed on markets throughout 2015 remain, and will most likely play a key role in 2016. The volatility in energy prices continued, and the situation may become even more volatile as companies succumb to the pressure of sustained low energy prices. China’s slowing growth is also having a spillover effect on the global economy and has placed additional pressure on the beleaguered energy sector. The decision by the Federal Reserve to finally end their run of monetary excess was welcomed by the markets, and we hope the decision will allow investors to finally place greater focus on company fundamentals going forward. One bright spot in recent years has been the U.S. consumer. Many factors point to continued momentum from the consumer, as employment growth, strength in housing, improving balance sheets, and an uptick in consumer confidence were all positive elements in More...

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Keeley Funds Comments on Baxalta Inc. Guru stock highlight
The Fund’s second best performer was Baxalta, Inc. (NYSE:BXLT) which climbed over 23 percent and added 68 basis points of return to the Fund during the quarter. The spin-off from Baxter rebounded nicely during the quarter and shares were boosted on takeover speculation. A bid from rival Shire came late in the quarter and we anticipate the share to move closer to that takeover bid in the coming months. More...

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Keeley Funds Comments on Mylan N.V. Guru stock highlight
The Fund’s largest contributor during the quarter was Mylan N.V (NASDAQ:MYL) which rose over 34 percent and added 84 basis points of return to the Fund. Shares were initially weak following its failed bid to merge with rival Perrigo (NYSE:PRGO). We viewed the failed bid as a positive as we were skeptical of the synergies between the two companies. We increased our exposure to the stock during the weakness as we believe the shares are very cheap on a valuation basis. More...

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Keeley Funds Comments on Knowles Corp Guru stock highlight
The fund’s second largest detractor during the quarter was Knowles Corp. (NYSE:KN) which declined over 27 percent and cost the Fund 62 basis points of performance during the quarter. The supplier of acoustic solutions to the mobile communications industry, and former spin-off of Dover Corp., continues to be a challenging position for the firm. Although earnings exceeded expectations due to a lower tax rate, the company lowered guidance despite getting back on the Apple iPhone 6S platform. Additionally, specialty component sales in the wireless base station business were weaker due to lower telecom cap ex, mainly in China, and more recent concerns of depressed demand for smartphones have pressured the stock. Looking out into 2016, the China telecom spend is expected to rebound, the Audience acquisition should become accretive and the company should further increase market share on the iPhone 7. More...

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Keeley Funds Comments on Del Taco Restaurants Inc. Guru stock highlight
The Fund’s largest detractor during the quarter was Del Taco Restaurants Inc. (NASDAQ:TACO) which fell over 23 percent and cost the fund 62 basis points of performance. The stock traded down during the quarter based on fears that an economic downturn would negatively impact same store sales. We are maintaining our position in the company and have been pleased with the efforts of a new management team that has been tasked with restructuring the company. More...

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KEELEY All Cap Value Fund Commentary - 4th Quarter 2015 Discussion of holdings and market John Keeley - KEELEY All Cap Value Fund Commentary - 4th Quarter 2015
In the fourth calendar quarter of 2015, the KEELEY All Cap Value Fund (KACVX) increased 3.16 percent compared to a 5.41 percent rise for the Russell 3000 Value Index. After a challenging third quarter, equity markets rebounded to post positive gains in the fourth quarter. However, many of the factors that weighed on markets throughout 2015 remain, and will most likely play a key role in 2016. The volatility in energy prices continued, and the situation may become even more volatile as companies succumb to the pressure of sustained low energy prices. China’s slowing growth is also having a spillover effect on the global economy and has placed additional pressure on the beleaguered energy sector. The decision by the Federal Reserve to finally end their run of monetary excess was welcomed by the markets, and we hope the decision will allow investors to finally place greater focus on company fundamentals going forward. One bright spot in recent years has been the U.S. consumer. Many factors point to continued momentum from the consumer, as employment growth, strength in housing, improving balance sheets, and an uptick in consumer confidence were all positive elements in the fourth More...

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5-Year Lows: Hecla Mining, Solar Capital, Atwood Oceanics, Harsco Stocks that have recently hit their 5-year low prices Arnold Van Den Berg,John Keeley - 5-Year Lows: Hecla Mining, Solar Capital, Atwood Oceanics, Harsco
According to GuruFocus' list of five-year lows, these guru stocks have reached their five-year lows: Hecla Mining Co., Solar Capital Ltd., Atwood Oceanics Inc., Harsco Corp. More...

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5-Year Lows: MDU Resources Group, National Fuel Gas, AmeriGas Partners, Boardwalk Pipeline Partners These companies can be acquired for low share prices John Keeley,Mario Gabelli,Private Capital,Ronald M - 5-Year Lows: MDU Resources Group, National Fuel Gas, AmeriGas Partners, Boardwalk Pipeline Partners
According to GuruFocus' list of five-year lows, these guru stocks have reached their five-year lows: MDU Resources Group Inc. (NYSE:MDU), National Fuel Gas Co. (NYSE:NFG), AmeriGas Partners LP (NYSE:APU) and Boardwalk Pipeline Partners LP (NYSE:BWP). More...

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Keeley Funds Comments on Bonanza Creek Guru stock highlight
Finally, although we are underweight energy and that decision made a contribution to our results during the quarter, our largest detractor was Bonanza Creek (NYSE:BCEI), which fell over 77 percent and cost the Fund 69 basis points in performance. With new management and exposure to the high return Wattenburg shale region in Colorado, BCEI had ample opportunities for strong and profitable production growth. Unfortunately, the precipitous drop in oil prices along with a slightly levered balance sheet attracted the short sellers who have pummeled the stock. We exited the stock at this juncture as a tax advantage and also feel there is more upside in other energy names based on the pressure on all stocks in the sector. More...

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Keeley Funds Comments on L.B. Foster and Co. Guru stock highlight
The industrials sector was difficult during the quarter and L.B. Foster and Co. (NASDAQ:FSTR) was the largest detractor in the sector and the portfolio’s second largest detractor overall. The stock fell over 64 percent during the quarter and continues struggle after falling earlier in the year, costing the Fund 54 basis points in performance. The company is still reeling from a legal battle with long-time client Union Pacific (NYSE:UNP), which is lasting longer the expected. Management thought the lawsuit was controllable but UNP continues to press and will not settle. This resulted in management withdrawing all UNP related business from its earnings guidance. The company also made an acquisition of some oil service assets in an attempt to diversify its business. Given the decline in oil, one could argue the purchase was ill-timed. But we continue to see a company selling for less than ten times earnings after eliminating UNP revenue, which basically gives zero value for the More...

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Keeley Funds Comments on Carrol’s Restaurant Group Guru stock highlight
Another strong performer during the quarter was Carrol’s Restaurant Group (NASDAQ:TAST) which rose over 14 percent and added 16 basis points of performance to the Fund during the quarter. The company has exceeded the accretion goals from its prior acquisition of a large Burger King franchisee. In addition, Burger King has been much more nimble in adjusting its menu versus McDonald’s, thereby taking share as consumer tastes have evolved. With the strong stock performance and the shares nearing fair value, we have been trimming our position. More...

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