Joel Greenblatt

Joel Greenblatt

Last Update: 05-15-2017

Number of Stocks: 975
Number of New Stocks: 268

Total Value: $7,876 Mil
Q/Q Turnover: 33%

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

Joel Greenblatt Watch

  • 6 Stocks With Strong and Sustainable Yields

    Thanks to GuruFocus’ All-In-One Screener, I want to highlight stocks that have a five-year growing dividend yield with strong profitability and a long-term track record of solid returns and growing asset values.

    SpartanNash Co. (SPTN) has a dividend yield that during the last five years has grown by 25%. The yield is now 2.04% with a payout ratio of 36%. The company has a 10 years’ asset growth rate of 16%, supported by ROA of 3.07% that during the last 10 years has had a median value of 4.30%.


  • CEO Buys 50,000 Shares of Triumph Group

    Triumph Group Inc. (TGI) CEO and President Daniel Crowley (Insider Trades) bought 50,000 company shares on Nov. 7. The price was $25.56 per share for a total transaction of $1,278,000.

    Triumph Group, an aircraft design, engineering, manufacturing and repair company, has a market cap of $1.35 billion.


  • Smith & Wesson to Change Name

    In an effort to be known as more than just a gunmaker, Smith & Wesson (SWHC) announced Monday it will be changing its name to American Outdoor Brands Corp.

    “We believe the name 'American Outdoor Brands Corp.' will better reflect our family of brands, our broad range of product offerings and our plan to continue building upon our portfolio of strong American brands,” CEO James Debney said.


  • A Classic Net Current Asset Value Opportunity

    Years ago, Benjamin Graham made a case for investing in stocks that trade below net current asset value.

    According to Graham, assuming that a company has a reasonable earnings track record and future prospects, paying no more than two-thirds of net current asset value per share ought to be a good deal for the investor. In the past, Warren Buffett (Trades, Portfolio) and Joel Greenblatt (Trades, Portfolio) have used this investment strategy or variants thereof.


  • 6 Undervalued Stocks Trading Below the Peter Lynch Value

    According to GuruFocus' All-in-One Screener, several gurus are focusing on stocks whose Peter Lynch fair value is far above the current price. The following stocks are trading with wide margins of safety.

    Equity Residential (NYSE:EQR) is trading at about $60 per share. The Peter Lynch value gives the stock a fair price of $275.12, giving investors a margin of safety of 78%.


  • Cree CEO Acquires Shares in Company

    Cree Inc. (CREE) CEO, President and Chairman Charles Swoboda (Insider Trades) acquired 10,000 shares on Oct. 20. The price per share was $22.22 for a total transaction of $222,200.

    Cree, a manufacturer of lighting products and semiconductor products for power and radio frequency (RF) applications, has a market cap of $2.21 billion.


  • Investing and Profit with Net-Nets

    Investing in net-nets is a really deep and pure value investing style. Net current asset value method is an investing technique first introduced by Benjamin Graham in the 1930s.

    Many research studies demonstrate that the NCAV investment approach has produced clearly better-than-average results already over 80 years. Graham told himself, “I consider it a foolproof method of systematic investment – once again, not on the basis of individual results but in terms of the expectable group outcome.”


  • CEO Invests in Akamai Technologies

    Thomson Leighton (Insider Trades), CEO of Akamai Technologies Inc. (AKAM), acquired 18,276 shares in the company on Oct. 17. The price per share was $54.70 for a total transaction of $99,697.

    Akamai Technologies is a content delivery network (CDN) services company with a market cap of $9.87 billion.


  • G-III Apparel Group Could Be a Buy

    G-III Apparel Group (NASDAQ:GIII) distributes private-label and brand-name clothing and has roots dating back to 1956. The company has an impressive roster of licensed brands from Levi’s to Nine West, Calvin Klein and Cole Haan, as well as the U.S. major sports leagues and more than 100 U.S. colleges and universities.

    G-III growth has been stellar in the last 15 years.


  • Papa John Schnatter Sells Papa John's in Insider Trade

    John Schnatter (Insider Trades), CEO, founder, chairman and 10% owner of Papa John’s International Inc. (NASDAQ:PZZA), sold 52,358 shares of the company on Oct. 12. The average price per share was $78.08 for a total transaction of $4,088,113. Papa John’s International is the third-largest pizza delivery company with a market cap of $2.87 billion.

    There is no clear linear increasing or decreasing trend in the number or volume of insider purchases made since 2013. In 2013, there were 11 insider sells totaling 99,636 shares of the company, and in the following year there were 7 insider sells totaling 87,584 shares. In 2015, the number of insider shares and total volume of insider shares sold rose to 16 transactions, totaling 609,661 shares. There have been 12 Papa John's insider sells, amounting to 384,647 shares sold, in 2016 to date. Schnetter sold 92.41% of total shares sold in 2016 to date in 9 transactions. For more information about insider trades with Papa John's, click here.


  • Create Your Own Shortlists With Greenblatt’s Magic Formula

    Do you have difficulty creating short lists of value stocks when you want to buy something new? Do you look for a reasonably systematic strategy when creating shortlists?

    In this article, we use Joel Greenblatt (Trades, Portfolio)’s Magic Formula to provide criteria for value stocks, and use the GuruFocus Magic Formula screener to reduce a universe of stocks into a manageable number.


  • CEO Phillip Frost Buys OPKO Health

    Phillip Frost (Insider Trades), CEO, chairman and 10% owner of OPKO Health Inc. (NASDAQ:OPK), purchased 24,800 shares of the company on Oct. 10. The average price per share was $9.82, for a total transaction of $243,536.

    OPKO Health is a health care company with a diagnostics business, Bio-Reference Laboratories, which is the third largest clinical laboratory with a core genetic testing business in the United States. OPKO Health has a market cap of $5.35 billion


  • Ford Is a Value Trap

    On the surface, Ford (NYSE:F) may look like a buy. Low price-earnings (P/E) ratio (5.8), decent margins, solid earnings and growth in book value make the stock pop up on a lot of value screens. In fact, big investors like Joel Greenblatt (Trades, Portfolio), Richard Pzena (Trades, Portfolio), Ken Fisher (Trades, Portfolio) and Diamond Hill Capital (Trades, Portfolio) all have sizable positions in Ford.

    After 2008, Ford was one of the few large companies that seemed to be on stable footing, especially in the auto industry. After a $30 billion decrease in revenue, the company has grown sales and regained profitability. Since 2009, Ford has earned over $55 billion after taxes, which is actually more than its current market capitalization.


  • Does Joel Greenblatt’s Magic Formula Have a Solution for Value Investors?

    When investment guru Joel Greenblatt (Trades, Portfolio) taught at an Ivy League college, he would welcome each new class with a request: Shout out the names of big, well-known public companies. After getting the names, Greenblatt would pull out a newspaper (yes, we depended on newspapers for that sort of thing in the not so distant past), then announce the current price, the 52-week low and the 52-week high for each of them.

    You may recognize Greenblatt’s name from GuruFocus and other investing sites. You’ll even find his name in a couple of places on the Summary page for every stock at GuruFocus—quite an honor! He is also the founder and managing partner of Gotham Asset Management LLC.


  • 10 Questions With Conference Speaker Dave Sather

    Dave Sather is the founder of Sather Financial Group, an asset management firm overseeing $400 million, based in Victoria, Texas, and a speaker at the 2017 GuruFocus Value Conference. He answers the questions below to introduce himself.

    1. How did you get into value investing?


  • Greenblatt and Yacktman Soar High in Airlines

    Among the U.S. companies that made the “Greenblatt Yacktman” Screener, five of them are airlines: Alaska Air Group Inc. (NYSE:ALK), Delta Air Lines Inc. (NYSE:DAL), JetBlue Airways Corp. (NASDAQ:JBLU), Southwest Airlines Co. (NYSE:LUV) and United Continental Holdings Inc. (NYSE:UAL). As these companies have soaring Greenblatt earnings yield and Yacktman forward rates of return, the airline industry offers high value potential.

    A tale of two return ratios


  • Natus Medical CEO Acquires Shares in Company

    James Hawkins (Insider Trades), president and CEO of Natus Medical Inc. (BABY), acquired 10,000 shares in the company on Sept. 28. The price per share was $38.48 for a total transaction of $384,800.

    Natus Medical provides health care products and services used for screening, detection, treatment, monitoring and tracking of common medical ailments in neurological dysfunction, epilepsy, sleep disorders, newborn care, hearing impairment and balance and mobility disorders. The company has a market cap of $1.27 billion.


  • 12 Questions With Validea Capital Management John Reese

    John Reese is founder and CEO of and Validea Capital Management LLC. Validea Capital is the investment adviser to an actively managed equity ETF. Reese has been running quantitative models since 2003. He is a graduate of Harvard Business School and MIT, published author and investment columnist. Reese holds two patents in automated stock analysis.

    1. How and why did you get started investing? What is your background?


  • Airline Stocks Offer High Growth and Value

    Among companies trading on the New York Stock Exchange and the Nasdaq, airlines have high growth and value potential. Alaska Air Group Inc. (NYSE:ALK) and Allegiant Travel Co. (NASDAQ:ALGT) currently have low cash conversion cycles, which lead to effective management and increasing profit margins.

    Cash conversion cycle measures efficiency and management effectiveness


  • Gurus Invest in Undervalued Retail Companies

    Throughout the second quarter, several gurus have added to their positions in retail companies. Two apparel & specialty companies, eBay Inc. (NASDAQ:EBAY) and Gap Inc. (NYSE:GPS), are currently undervalued based on valuation and enterprise value ratios. This suggests that the retail industry offers good short-term investing opportunities.

    Valuation ratios and EV ratios: similar topics, albeit different perspectives


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