Ken Heebner

Ken Heebner

Last Update: 08-11-2017

Number of Stocks: 59
Number of New Stocks: 27

Total Value: $2,186 Mil
Q/Q Turnover: 36%

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

Ken Heebner Watch

  • 6 Undervalued Stocks Based on the Peter Lynch Value

    According to the GuruFocus All-in-One Screener, several gurus are focusing on stocks whose Peter Lynch fair values are far above the current prices. The following stocks are trading with wide margins of safety and have positive performances over the past 12 months.


    D.R. Horton Inc. (NYSE:DHI) is trading around $37.16 per share. The Peter Lynch value gives the stock a fair price of $66.5, so the stock is undervalued with a margin of safety of 44%. The stock started its positive upward trend three months ago; it now registers a positive performance of 9.7%.

      


  • What a Difference a Decade Makes


    “Heebner is a true contrarian, who says he's most confident as an investor 'when everyone else thinks I'm nuts.'” -- Jon Birger, Fortune Magazine

      


  • David Tepper Adds 3 Positions in 2nd Quarter

    Appaloosa Management founder David Tepper (Trades, Portfolio) established three positions during the second quarter: Alibaba Group Holding Ltd. (NYSE:BABA), Altaba Inc. (NASDAQ:AABA) and PowerShares QQQ Trust Series 1 (NASDAQ:QQQ).


    Alibaba

      


  • Ken Heebner Goes 3-for-3 in 2nd Quarter

    Ken Heebner (Trades, Portfolio), co-founder of Capital Growth Management, invested in three companies during the second quarter: Copa Holdings SA (NYSE:CPA), Royal Caribbean Cruises Ltd. (NYSE:RCL) and Alibaba Group Holding Ltd. (NYSE:BABA). The guru also axed his positions in Goldman Sachs Group Inc. (NYSE:GS), NVIDIA Corp. (NASDAQ:NVDA) and Teradyne Inc. (NYSE:TER).


    Copa Holdings and Royal Caribbean

      


  • Peter Lynch Value to Find Undervalued Stocks

    According to the GuruFocus All-In-One Screener, several gurus are focusing on stocks whose Peter Lynch fair values are far above the current prices. The following stocks are trading with wide margins of safety and have positive performances over the past 12 months.


    Toll Brothers Inc. (TOL) is trading around $39.71 per share. The Peter Lynch value gives the stock a fair price of $60.50 so the stock is undervalued with a margin of safety of 34%. The stock started its positive upward trend three months ago; it now registers a positive performance of 10.3%.

      


  • Ken Fisher Invests in French, Japanese, Brazilian Companies in 2nd Quarter

    Fisher Asset Management founder Ken Fisher (Trades, Portfolio) gained 95 new holdings in the second quarter. His top five new purchases were Sumitomo Mitsui Financial Group Inc. (NYSE:SMFG), Vinci SA (VCISY), Schneider Electric SE (SBGSY), Bank Bradesco SA (NYSE:BBD) and Mitsubishi Electric Corp. (MIELY).


    Fisher’s firm uses a top-down approach to determine which countries and sectors are most likely to produce the highest returns. Financial services and technology are the two largest sectors represented in his portfolio, which is composed of 744 stocks and is valued at $62.9 billion, according to GuruFocus.

      


  • Growing EPS for Synnex, Gentex, Axis Capital

    Companies with growing earnings per share (EPS) are often good investments as they can return a solid profit to investors. According to the discount cash flow (DCF) calculator, the following are undervalued companies that have grown EPS over a five-year period.


    The EPS of Home BancShares Inc. (HOMB) grew 23% over the last five years.

      


  • Toll Brothers Boosts Contract Revenue in Fiscal 2nd Quarter

    Toll Brothers Inc. (NYSE:TOL), one of the largest luxury homebuilders in the U.S., said second-quarter contract revenues increased year over year for the 11th consecutive quarter on the continued strength of the company brand and home-customization program.


    The Horsham, Pennsylvania homebuilder reported $124.6 million in net income and 73 cents in earnings per diluted share, outperforming prior-year quarter results by 40% and 43%. Higher revenues, net signed contracts and backlog contributed to the strong earnings performance for the fiscal quarter ending April 30.

      


  • Ken Heebner's CGM Mutual Fund 4th Quarter Commentary

    To Our Shareholders:


    CGM Mutual Fund increased 11.7% during the fourth quarter of 2016, compared to the Standard and Poor’s 500 Index ("S&P 500 Index") which increased 3.8% and the BofA Merrill Lynch U.S. Corporate, Government and Mortgage Bond Index which returned -3.1% over the same period. For the twelve months ended December 31, 2016, CGM Mutual Fund returned 7.6%, the S&P 500 Index returned 12.0% and the BofA Merrill Lynch U.S. Corporate, Government and Mortgage Bond Index returned 2.6%.

      


  • 7 Stocks With Great 12-Month Performances

    According to GuruFocus' All-in-One Guru Screener, the following are some of the stocks that have outperformed the Standard & Poor's 500 Index over the last 12 months and were bought by gurus during the last quarter.


    Thor Industries Inc. (THO) with a market cap of $5.79 billion has outperformed the S&P 500 Index by 85.6% over the last 12 months.

      


  • Ken Heebner's CGM Funds Share New 4th Quarter Stock Positions

    Ken Heebner (Trades, Portfolio)’s high-turnover Capital Growth Management bought 21 new stocks in the fourth quarter, it reported this week.

    CGM’s style is flexible and opportunistic. They first go by macroeconomic factors, and then select industries and companies based on fundamentals. While pursuing long-term growth of capital, the advisor also weaves in and out of holdings based on vagaries of the market, economy or companies.  


  • Some of the Best-Performing Stocks

    According to GuruFocus' All-in-One Guru Screener, the following are some of the stocks that have outperformed the Standard & Poor's 500 Index over the last 12 months and were bought by gurus during the last quarter.


    Advanced Micro Devices Inc. (AMD) with a market cap of $12.63 billion has outperformed the S&P 500 Index by 564.9% over the last 12 months.

      


  • 7 Stocks You Could Buy to Beat the Market

    According to GuruFocus' All-in-One Guru Screener, the following are some of the stocks that have outperformed the Standard & Poor's 500 Index over the last 12 months and were bought by gurus during the last quarter.


    Companhia Siderurgica Nacional ADR (SID) with a market cap of $5.1 billion has outperformed the S&P 500 Index by 390.7% during the last 12 months.

      


  • 7 Stocks Outperforming the Market

    According to the GuruFocus All-in-One Guru Screener, the following are some of the stocks that outperformed the Standard & Poor's 500 Index over the last 12 months and were bought by gurus during the last quarter.


    Advanced Micro Devices Inc. (NASDAQ:AMD) with a market cap of $10.51 billion outperformed the S&P500 Index by 416.7% in 2016.

      


  • BHP Billiton, Vale SA, Rio Tinto Among the Best Buys for 2017

    Despite many analysts suggesting to invest in gold stocks, there are some investors who suggest staying out of the gold industry because they prefer to hold a defensive strategy, waiting for the cloud of uncertainty that prevails in the financial markets to dissipate before making their next investment decision.


    One of these investors is Vince Lanci, the owner of Echobay Partners LCC, a private fund management company, and fund manager with several years of investing experience in precious metals and energy.

      


  • Ken Heebner Buys Adobe Systems

    Guru Ken Heebner (Trades, Portfolio) is a value investor who follows the same basic principles as Warren Buffett (Trades, Portfolio). He invests in companies that he understands. During the third quarter, Heebner purchased 468,000 shares of Adobe Systems (NASDAQ:ADBE). Since the trade, Adobe Systems has gained an estimated 6%.


      


  • Ken Heebner Cuts Lennar, Buys Western Digital, Micron

    Ken Heebner (Trades, Portfolio) is the co-founder of Capital Growth Management, a money manager with more than $6 billion under management. During the third quarter the guru’s largest trades were as follows:


    He reduced his stake in Lennar Corp. (LEN) by 65.88% with an impact of -7.42% on the portfolio.

      


  • 7 Low P/E Stocks Gurus Are Buying

    Gurus are buying stocks that are trading with low price-earnings (P/E) ratios. Some are undervalued, according to the DCF calculator.


    CalAtlantic Group Inc. (CAA) with a market cap of $3.67 billion is trading with a P/E ratio of 12.43 and a price-sales (P/S) ratio of 0.62. According to the DCF calculator the stock has a fair value of $26.65 while trading at about $30.99; it is overpriced by 16%. The price has dropped by 22% during the last 12 months and is now 28.33% below its 52-week high and 14.91% above its 52-week low.

      


  • Seven New Stocks in My Purloined Portfolio

    In the twilight of his career, Kemmons Wilson, the founder of Holiday Inn, ran a smaller chain called Wilson World.


    I visited one of his hotels with Wilson and admired the swim-up bar, a feature I had never seen before. Wilson said that he had seen one at a competitor’s hotel and copied it. He was never ashamed, Wilson said, to take a good idea from a competitor.

      


  • 6 Bargain 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.


    D.R. Horton Inc. (DHI) is trading at about $29 per share, and the Peter Lynch value gives the stock a fair price of $33.6, giving investors a margin of safety of 15%.

      


  • Ken Heebner Buys NetEase

    Capital Growth Management’s founder, Ken Heebner (Trades, Portfolio) purchased a 225,000 share stake of NetEase (NTES) at an average price of $155.40 during the second quarter. Since the purchase, the company’s market value has skyrocketed gaining an estimated 51%.


    NetEase is a Chinese internet technology company that provides online services centered on content, community, communications and commerce. It was originally founded in 1997 by Ding Lei, and it was a key pioneer in the development of internet services for China. Today, NetEase develops and operates some of China’s most popular online PC and mobile games, advertising services, email and e-commerce platforms. The company is also one of the largest providers of free email services in China, it offers advanced features such as voice search and facial recognition. NetEase also offers fee-based premium email services for corporate users.

      


  • Ken Heebner's CGM Mutual Fund 2nd Quarter Report

    CGM Mutual Fund decreased -1.8% during the second quarter of 2016 compared to a return of 2.5% for the Standard and Poor’s 500 Index (S&P 500 Index) and 2.3% for the BofA Merrill Lynch U.S. Corporate, Government and Mortgage Index. For the first six months of the year, CGM Mutual Fund returned -6.7%, the S&P 500 Index, 3.8% and the BofA Merrill Lynch U.S. Corporate, Government and Mortgage Bond Index, 5.5%.

      


  • Ken Heebner Purchases Stake in Tata Motors

    During the second quarter, guru Ken Heebner (Trades, Portfolio) purchased 210,000 shares of Tata Motors (TTM), at an average price of $31.28 per share. Since Heebner purchased his stake in Tata Motors, the company has risen an estimated 24% in price.


      


  • Bargain Stocks With Growing Earnings

    Companies with growing EPS are often good investments as they can return a good profit to investors. Here is a selection of the most undervalued companies, according to the DCF calculator, that have a five-year growing EPS.


    Earnings per share of Signature Bank (SBNY) grew by 23% over the last five years and according to the DCF calculator, the stock at the price of $124.13 is undervalued and is trading with a margin of safety of 43%.

      


  • Ken Heebner Buys Stake in Dupont Fabros Technology

    Ken Heebner (Trades, Portfolio) purchased a 1,240,000-share stake in Dupont Fabros Technology Inc. (NYSE:DFT) in the first quarter.


    Dupont Fabros Technology is a real estate investment trust that is headquartered in Washington, D.C. The company designs and operates innovative, multi-tenant, wholesale data centers. Its facilities are designed to offer highly specialized, efficient and safe computing environments in a low priced operating model. Its customers include national and international enterprises across numerous industries including technology, Internet, content providers, cloud providers, media, communications, health care and financial services.

      


  • Ken Heebner's CGM Mutual Fund Q1 Report

    CGM Mutual Fund returned -5.0% during the first quarter of 2016 compared to a return of 1.3% for the Standard and Poor’s 500 Index (S&P 500 Index) and 3.1% for the Bank of America Merrill Lynch U.S. Corporate, Government and Mortgage Bond Index.

      


  • Construction Materials Companies Top Heebner's 1st-Quarter Acquisitions List

    Of his 21 new buys in the first quarter, Ken Heebner (Trades, Portfolio)’s largest acquisitions were in construction materials companies.

    Heebner’s biggest new buy of the quarter was a 535,000-share stake in Vulcan Materials Co. (NYSE:VMC), a construction materials company based in Birmingham, Alabama. Heebner paid an average price of $94.56 per share in a deal that had a 2.41% impact on Heebner’s portfolio.  


  • Undervalued Stocks With Wide Margin of Safety

    The following stocks are trading with a wide margin of safety according to the DCF calculator, and some of them have a very low P/E ratio. GuruFocus' All-in-One Screener can be used to find similar stocks. 


    D.R. Horton Inc. (DHI) has a market cap of $11.67 billion and a GuruFocus’ business predictability rating of 1 star. The stock has a price of $31.6 with a forward P/E ratio of 12.30, and according to the DCF calculator is trading with a margin of safety of 43%. During the last 12 months, the price of the stock has risen by 10% and is now 4.53% below its 52-week high.

      


  • Gilead, Expedia Are Greatly Undervalued

    The following are some of the stocks that are trading below the Peter Lynch earnings line, according to GuruFocus' All-In-One Screener.


    D.R. Horton Inc. (DHI) is trading at about $30 per share, but the Peter Lynch earnings line gives the company a fair price of $51.50, for a margin of safety of 42%. It is trading with a P/E ratio of 14.50, which is ranked lower than 53% of its competitors in the Global Residential Construction industry, and is currently 9.76% below its 52-week high and 30.04% above its 52-week low.

      


  • Ken Heebner's CGM Mutual Fund Q4 Commentary

    CGM Mutual Fund increased 1.1% during the fourth quarter of 2015, compared to the Standard and Poor’s 500 Index (S&P 500 Index) which increased 7.0% and the BofA Merrill Lynch U.S. Corporate, Government and Mortgage Bond Index which returned -0.6% over the same period. For the twelve months ended December 31, 2015, CGM Mutual Fund decreased -3.1%, the S&P 500 Index increased 1.4% and the BofA Merrill Lynch U.S. Corporate, Government and Mortgage Bond Index returned 0.6%.

      


  • Ken Heebner Buys More Than 2 Dozen New Stocks

    Ken Heebner (Trades, Portfolio), co-founder of Capital Growth Management, traded in 76 companies in the fourth quarter with roughly two dozen of those deals involving new buys.


    Heebner’s most significant fourth-quarter transaction was his purchase of a 625,000-share stake in Signet Jewelers Ltd. (NYSE:SIG), a jewelry retailer based in Akron, Ohio, for an average price of $135.22 per share. The acquisition had a 2.57% impact on Heebner’s portfolio.

      


  • Marriott and Starwood to Create the World's Largest Hotel Chain

    Marriott International Inc. (MAR) is going to buy Starwood Hotels & Resorts Worldwide Inc. (HOT) in a deal that will create the world's largest hotel chain. The merger should offer a wider choice of brands to consumers, improve economics for owners and franchisees and increase unit growth.


    Marriott will have great presence in markets outside the United States since the combined company will own or franchise more than 5,500 hotels with 1.1 million rooms worldwide.

      


  • Ken Heebner Sells Stake in Polaris Industries

    Ken Heebner (Trades, Portfolio)’s fondness for financial services stocks was clear to see in his second-quarter transactions. He made transactions in that sector in the third quarter as well, but they weren’t as prominent. In the third quarter, his trades were more diverse.


    Heebner’s most noteworthy third-quarter transaction was the divestiture of his 834,000-share stake in Polaris Industries Inc. (NYSE:PII), a Medina, Minn.-based automotive company, for an average price of $135.73 per share. The deal had a -3.54% impact on Heebner’s portfolio.

      


  • Ken Heebner's CGM Mutual Fund 3rd Quarter Commentary

    CGM Mutual Fund decreased -7.1% during the third quarter of 2015 compared to a return of -6.4% for the Standard and Poor’s 500 Index (S&P 500 Index) and 1.2% for the BofA Merrill Lynch U.S. Corporate, Government and Mortgage Index.

      


  • The Sustainable Active Investing Framework: Simple, But Not Easy

    The debate over passive versus active investing is akin to Eagles vs. Cowboys or Coke vs. Pepsi. In short, once our preference for one style over the other is established, it becomes a proven fact or incontrovertible reality in our minds.


    This post is not meant to convert a passive investor into an active investor; however, we do explain why we believe some active investing approaches can logically beat passive strategies over a reasonably long time horizon (clearly it won’t work forever). Our framework also helps investors decipher the quantitative “factor zoo,” to determine if data-mining computers have actually identified a sustainble active strategy or a pipe dream.

      


  • JPMorgan Chase Is Still Undervalued

    JPMorgan Chase & Co. – Still undervalued


    Overview

      


  • Why Ken Fisher Is Buying Black Rock Inc.

    During the last quarter, investor Ken Fisher (Trades, Portfolio) with his Fisher Asset Management’s fund, increased by 147.95% his stake in Black Rock Inc. (BLK), and now he holds 87,758 shares and is the third main holder of the company.


    The company

      


  • Ken Heebner Invests in Financial Services Stocks in Second Quarter

    Financial Services are the second-most heavily weighted stocks in Ken Heebner (Trades, Portfolio)’s portfolio, so it wasn’t surprising that his largest new buys in the second quarter were in that category. In 1990, Heebner co-founded Capital Growth Management, where his growth-oriented approach produced returns of 1.39%, 37.61% and 14.23% in 2014, 2013 and 2012, respectively.


    Heebner bought a 728,000-share stake in Goldman Sachs Group Inc. (NYSE:GS), a New York-based multinational investment banking firm, for an average price of $203.51 per share. The purchase had a 4.35% impact on Heebner’s portfolio and landed Goldman Sachs Group in the sixth spot in Heebner’s 10 most-valuable stakes.

      


  • Powered by Strong Earnings, Marriott Is a Compelling Investment

    In this article, let's take a look at Marriott International, Inc. (NASDAQ:MAR), a $21.15 billion market cap company, which operates more than 3,500 hotels and 600,000 rooms in more than 50 countries.


    Joel Greenblatt (Trades, Portfolio) initiated a position in the company with 73,899 shares according to his fund's latest filing. The guru's philosophy involves finding cheap stocks and looking for a catalyst, so let´s take a look at why he initiated a new position in this stock.

      


  • Bill Frels' Stocks With Growing Yields

    Bill Frels (Trades, Portfolio) is the portfolio manager at Mairs & Power, which is an SEC-registered investment advisory firm and is Minnesota's oldest investment firm under private ownership and management.


    His portfolio is composed of 187 stocks and it has a total value of $7,270 million.

      


  • Is Standard Pacific Corp still a good buy ?

    The company:


    Standard Pacific Corp (SPF) is engaged in the business of constructing single-family attached and detached homes with operations in the metropolitan markets in California, Florida, Arizona, Texas, the Carolinas and Colorado. The Company builds homes in 25 markets through its 15 operating divisions. Its homes sizes typically range from approximately 1,500 to 3,500 square feet, although it has built homes from 1,100 to over 6,000 square feet. At December 31, 2013, the Company owned or controlled 34,175 home sites (including joint ventures) and had 180 active selling communities.

      


  • Ken Heebner's stocks trading with low P/E

    Ken Heebner (Trades, Portfolio) is the co-founder of Capital Growth Management, which is a privately owned investment manager. It was founded in 1990 and is based in Boston and the firm invests in the public equity markets of the United States. The firm provides its services to charitable organizations, pension and profit sharing plans, investment companies, and high net worth individuals.


    His portfolio is composed of 67 stocks and 33 of them are new stock bought during the last quarter. The total value of the portfolio is now $3,656 million and the following are the stocks that are trading with lowest P/E ratio and may be attractive for other investors.

      


  • Ken Heebner Makes 33 New Buys in First Quarter

    Ken Heebner (Trades, Portfolio) is the co-founder of Capital Growth Management, a money management firm that almost routinely produces positive returns, even in challenging investing environments. CGM’s return of 1.39% last year was dwarfed by the 37.61% return it had in 2013.


    Heebner has built his reputation on growth. His moves are often seen as daring, but they frequently pay off handsomely. His portfolio changes at a 33% quarter-over-quarter turnover clip, and there 33 new stakes in his portfolio, four of which are among his 20 most valuable stakes.

      


  • Ken Heebner's Most Heavily Weighted Trades In Q1 2015

    Ken Heebner (Trades, Portfolio) is the co-founder of Capital Growth Management, a money management firm with more than $6 billion under management.


    The portfolio is composed of 67 stocks and 33 of them are new stocks. Total value of the portfolio is $3,656 Mil with 33% Q/Q Turnover and the following are the most weighted trades during the Q1 2015.

      


  • Ken Heebner's CGM Focus Fund Q1 2015 Letter

    To Our Shareholders:


    CGM Focus Fund increased 2.2% during the first quarter of 2015 compared to a return of 1.0% for the Standard and Poor’s 500 Index (“S&P 500 Index”).

      


  • Ken Heebner's CGM Mutual Fund First Quarter 2015 Letter

    CGM Mutual Fund increased 3.6% during the first quarter of 2015 compared to a return of 1.0% for the Standard and Poor’s 500 Index (S&P 500 Index) and 1.7% for the Bank of America Merrill Lynch U.S. Corporate, Government and Mortgage Bond Index.

      


  • Ken Heebner increases stake in Whirlpool

    Ken Heebner (Trades, Portfolio) is a growth oriented investor who co-founded Capital Growth Management, a money management firm with more than $6 billion under management. Last quarter, he increased his position in Whirlpool Corporation (NYSE:WHR) by buying 597,000 shares. As of March 31, 2015, he was holding 742,000 shares of the company.The following chart shows his holding history in the company.


      


  • Ken Heebner Initiates Position in CarMax

    Ken Heebner (Trades, Portfolio) is a growth oriented investor who co-founded Capital Growth Management, a money management firm with more than $6 billion under management. Recently, he initiated a long position in CarMax (NYSE:KMX) by buying 105,000 shares of the company. Last month, Carmax reported strong Q4 results with its EPS of $0.67 coming well ahead of consensus estimates. The company's fundamentals look encouraging. Here's an analysis of the company in detail.


    CarMax is the nation’s largest retailer of used cars, based on the 526,929 used vehicles it retailed during the fiscal year ended Feb. 28. As of the end of fiscal 2014, the company operated 131 used car superstores in 64 metropolitan markets. CarMax is the first used vehicle retailer to offer a large selection of high quality used vehicles at low, “no-haggle” prices using a customer-friendly sales process in an attractive, modern sales facility. It allows customers to shop for vehicles the same way they shop for items at other “big-box” retailers. In addition the company also provides financing alternatives to its customers through CAF, its own finance operation, and third-party financing providers.

      


  • Analyzing Ken Heebner's New Buys

    Ken Heebner (Trades, Portfolio) is a growth oriented investor who co-founded Capital Growth Management, a money management firm with more than $6 billion under management. Recently, he initiated a long position in United Parcel Service (NYSE:UPS) by buying 150,000 shares of the company. The following chart shows his holding history in the company.


      


  • Citi Adds General Motors to its Focus List

    Citigroup recently added General Motors (NYSE:GM) to its focus list and reiterated its buy rating on the company. According to analysts, investors are missing some important catalysts that can likely help General Motors' stock price. In particular, he talked about margin expansion potential from 2016 and 2017 product cycles, accelerated European sales recovery, exit from loss making Russian operations and tailwinds from lower raw material prices.


    The company has seen positive commentaries from other analyst as well. Last week, Sterne, Agee & Leach analysts Michael Ward and Ali Faghri reiterated their Buy rating and a $50 price target on the stock citing the Canadian government plans to sell its remaining stake in the company. RBC Capital Markets analyst Joseph Spak also released a positive earnings preview on the company citing positive North American price and mix, and a lower than expected European loss.

      


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