Pioneer Investments

Pioneer Investments

Last Update: 05-08-2017

Number of Stocks: 483
Number of New Stocks: 53

Total Value: $29,255 Mil
Q/Q Turnover: 11%

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

Pioneer Investments Watch

  • David Dreman Buys JPMorgan, Kroger, Reynolds

    David Dreman (Trades, Portfolio) is the founder and chairman of Dreman Value Management LLC and also serves as the firm's chief investment officer. During the first quarter the guru bought shares in the following stocks.


    The guru bought 19,425 shares of Reynolds American Inc. (RAI) with an impact of 0.7% on the portfolio.

      


  • Ron Baron’s Top 4 New Buys for 1st Quarter

    Baron Capital Management founder Ron Baron (Trades, Portfolio) gained 28 new holdings in the first quarter. His top four purchases for the quarter are Momo Inc. (NASDAQ:MOMO), Capitol Acquisition Corp. III (NASDAQ:CLAC), Welbilt Inc. (NYSE:WBT) and John Bean Technologies Corp. (NYSE:JBT).


    Investing in mostly small to midsized companies, Baron’s firm utilizes a long-term, fundamental, active approach. The portfolio is composed of 323 stocks valued at $18.8 billion.

      


  • 10 Stocks Richard Pzena Continues to Buy

    Richard Pzena (Trades, Portfolio), founder and co-chief investment officer of Pzena Investment Management, purchased shares of the following stocks in first-quarter 2017 and fourth-quarter 2016.


    Diamondrock Hospitality Co. (DRH)

      


  • Ross and TJX Disrupt Volatile Brick-and-Mortar Retail Industry

    On May 11 and May 12, several brick-and-mortar retail companies reported weak earnings, driving the SPDR S&P Retail (XRT) exchange-traded fund’s share price down 1.38%. These companies include Macy’s Inc. (NYSE:M), JC Penney Co. Inc. (NYSE:JCP), Kohl’s Inc. (NYSE:KSS) and Nordstrom Inc. (NYSE:JWN). Other retail companies, including Ross Stores Inc. (NASDAQ:ROST) and TJX Companies Inc. (NYSE:TJX), have taken away competitive power from the previous list of companies.


    Macy’s

      


  • Pioneer Investments Buys Broadcom, Adobe, FedEx

    Pioneer Investments (TradesPortfolio) operates in wide areas of investment vehicles: Mutual Funds, Single Manager Hedge Funds, Funds of Hedge Funds, Structured Products, Segregated and Managed Accounts, Institutional Funds. It manages a portfolio composed of 166 stocks with a total value of $17.860 billion. During the first quarter the guru bought shares in the following stocks:


    The company boosted its shares in Broadcom Ltd. (AVGO) raising the position by 645.59%. The trade had an impact of 0.79% on the portfolio.

      


  • High Predictability Guru Stocks

    According to GuruFocus’ All-in-One Screener, the following stocks have high business predictability ratings and total returns since the beginning of the year are positive. At least five gurus are shareholders in the companies.


    Ecolab Inc. (ECL)

      


  • 8 Undervalued Stocks With Growing Book Values

    The following companies have grown their book values per share (BV/S) over the last 10 years.


    BV/S is calculated as total equity minus preferred stock, divided by shares outstanding (EOP). Theoretically, it is what shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets minus total liabilities. Because the BV/S may not reflect the company’s true value, some investors check the tangible book value to confirm their investment ideas.

      


  • Jerome Dodson Buys 2 Stocks, Sells 2 in 1st Quarter

    Jerome Dodson (Trades, Portfolio)’s Parnassus Fund established two new positions and sold out of two others in the first quarter of the year. He bought Cognizant Technology Solutions Corp. (NASDAQ:CTSH) and Novartis AG (NYSE:NVS). He sold Qualcomm Inc. (NASDAQ:QCOM) and Applied Materials Inc. (NASDAQ:AMAT).


    Dodson founded his firm, Parnassus Investments, in 1984. He serves as president and is the lead portfolio manager for several funds, including the Parnassus Fund, the Asia Fund and the Endeavor Fund. The firm invests across the capitalization spectrum in companies with wide moats, compounding growth, quality management teams and that are trading at a significant discount to their intrinsic value.

      


  • Panera Bread Agrees to JAB Holding Buyout

    Panera Bread Co. (NASDAQ:PNRA) announced April 5 it has entered a definitive merger agreement with JAB Holding Co., a European investment fund based in Luxembourg.


    JAB has agreed to pay $315 per share in cash to take over the popular restaurant chain, a total consideration of $7.5 billion.

      


  • Campbell Soup Insider Takes a Sip

    Campbell Soup Co. (NYSE:CPB) Director Bennett Dorrance purchased 915,766 shares for $57.34 per share on March 30, according to an SEC filing.


    He now owns over 46 million shares total.

      


  • Paul Tudor Jones Grows Bearish on U.S. and Emerging Stock Markets

    Paul Tudor Jones (Trades, Portfolio)' Tudor Investment Corp. disclosed an equity portfolio valued at some $3.88 billion at the end of the reporting quarter ending Dec. 31, 2016 and a top 10 concentration of 44.65%.


    The equity portfolio is mainly invested in ETF and options (40%), financial services (14%), consumer cyclical (12%) and industrials (9%) stocks. The filing revealed that at the end of December, the fund had added 417 new positions to its equity portfolio, added 430 existing positions and sold out 462 positions.

      


  • Pioneer Investments Exits Wells Fargo, Coca-Cola, Buys Walt Disney

    Pioneer Investment Management operates in wide areas of investment vehicles: mutual funds, single manager hedge funds, funds of hedge funds, structured products, segregated and managed accounts and institutional funds. During the fourth quarter of 2016, the firm traded shares in the following stocks:


    The guru almost closed its stake in Wells Fargo & Co. (WFC). It was reduced by 97.32% with an impact of -0.6% on the portfolio.

      


  • Joel Greenblatt Raises Holdings of CVS Health, Priceline, HP

    Joel Greenblatt (Trades, Portfolio) is known for the invention of Magic Formula Investing and founder of the New York Securities Auction Corp. (NYSAC). During the fourth quarter the guru bought shares of the following stocks:


    He boosted his position of Ingersoll-Rand PLC (IR) by 7,388.42% with an impact of 0.71% on the portfolio.

      


  • Scott Black Sells Time Warner, Union Pacific, Tegna

    Scott Black (Trades, Portfolio) is the chairman, president, chief investment officer and chief compliance officer at Delphi Management Inc. During the fourth quarter he sold shares in the following stocks:


    The investor exited his position in Time Warner Inc. (TWX) with an impact of -1.52% on the portfolio.

      


  • Pioneer Investments Boosts JPMorgan, BlackRock, Comcast

    Pioneer Investments (Trades, Portfolio) operates in wide areas of investment vehicles: mutual funds, single manager hedge funds, funds of hedge funds, structured products, segregated and managed accounts and institutional funds. During the fourth quarter the firm bought shares in the following stocks:


    The guru increased its shares in JPMorgan Chase & Co. (JPM) by 107.20% with an impact of 0.97% on the portfolio.

      


  • Jeff Auxier Invests in Gilead, Wells Fargo, Apple

    Jeff Auxier (Trades, Portfolio) is the manager of Auxier Focus Fund. He manages a portfolio composed of 152 stocks with a total value of $460 million. In the fourth and third quarters of 2016 the guru bought shares in the following stocks:


    Gilead Sciences Inc. (GILD)

      


  • Is Troubled Retailer Sally Beauty a Valid Value Stock?

    Sally Beauty Holdings Inc. (NYSE:SBH) has had some good years.


    1668959587.png

      


  • All-In-One Screener Finds Companies With High, Growing Yields

    Thanks to GuruFocus’ All-In-One Screener, we can pinpoint stocks that have a five-year growing dividend yield with strong profitability and a long-term track of solid returns and growing asset value.


    Equifax Inc.’s (EFX) dividend yield has grown by 28% over the last five years. The yield is now 1.12% with a payout ratio of 32%. The company has a 10-year asset growth rate of 9% supported by an average return on assets (ROA) of 7.88%.

      


  • Gurus Are Buying These 7 Low P/E Stocks

    Here are seven stocks gurus are buying that are trading with low price-earnings (P/E) ratios. Some of them are great investments; others need a double check, according to the DCF calculator.


    The Hanover Insurance Group Inc. (THG) with a market cap of $3.53 billion is trading with a P/E ratio of 14.66 and a price-sales (P/S) ratio of 0.76. According to the DCF calculator the stock has a fair value of $73.36 while trading at about $83.09 overpriced by 13%. The price has risen 8% during the last 12 months and is now 9.67% below its 52-week high and 12.19% above its 52-week low.

      


  • 7 Cheap Stocks Based on Price-Sales

    According to the GuruFocus All-in-One Screener, the following stocks with market caps above $5 billion look cheap since they are trading with low price-sales (P/S) ratios.


    Maxim Integrated Products Inc. (NASDAQ:MXIM) is trading at about $41 per share with a P/S ratio of 5.46, a trailing 12-month price-earnings (P/E) multiple of 27.41 and an estimated forward P/E multiple of 20.49. The company has a market cap of $11.72 billion, and the stock price has risen at an annualized rate of 5% over the last 10 years.

      


  • 7 Guru Stocks With High Predictability Ratings

    According to GuruFocus’ All-in-One Screener, the following stocks have high business predictability ratings and at least five gurus are shareholders.


    MarketAxess Holdings Inc. (NASDAQ:MKTX)

      


  • 7 High-Yield Companies With High Profitability

    The Gurufocus All-In-One Screener highlights stocks that have a five-year growing dividend yield with strong profitability and a long-term track record of solid returns and growing asset value.


    Cisco Systems Inc.'s (NASDAQ:CSCO) dividend yield has grown 47.50% over the last five years. The yield is now 3.47% with a payout ratio of 47%. The company has a 10-year asset growth rate of 8%, supported by an average return on assets (ROA) of 9.41%.

      


  • 7 Stocks With Strong Yields

    The GuruFocus All-In-One Screener highlighted stocks that have a five-year growing dividend yield with strong profitability and a long-term track record of solid returns and growing asset value.


    J&J Snack Foods Corp. (NASDAQ:JJSF) has a dividend yield that has grown by 32.10% during the last five years. The yield is now 1.22% with a payout ratio of 39%. The company has a 10-year asset growth rate of 9%, supported by an average return on assets (ROA)  of 9.84%.

      


  • If Only Ross' Shares Were as Discounted as Its Merchandise

    Ross Stores Inc. (NASDAQ:ROST) is a growth story in retail despite no online presence. The company uses buying and merchandising expertise to sell name-brand and designer goods for up to 70% less than conventional retailers.


    It has more than 1,500 stores selling personal and home fashion through Ross Dress for Less and dd’s Discount. In coming years, it expects to grow the chains to at least 2,500 stores.

      


  • 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.

      


  • Tweedy Browne Adds to MRC Global

    Investment firm Tweedy Browne (Trades, Portfolio) Co. increased its position in MRC Global Inc. (NYSE:MRC) by 7.6% on Dec. 31.


    Tweedy Browne was established in 1920 by Forrest Birchard Tweedy. Its current managing directors are William H. Browne, John D. Spears, Thomas H. Shrager and Robert Q. Wyckoff Jr. The firm’s investment approach is derived from the work of Benjamin Graham. It seeks to uncover a company’s intrinsic value by determining its acquisition value or by estimating the value of its assets and cash flow.

      


  • 6 Profitable Companies With Strong Yield

    According to GuruFocus’ All-In-One Screener, the following stocks have a five-year growing dividend yield with strong profitability and a long-term track record of solid returns and growing asset value.


    Agrium Inc. (NYSE:AGU) has a dividend yield that has grown 105% over the last five years. The yield is now 3.48% with a payout ratio of 67%. The company has a 10-year asset growth rate of 21%, supported by a current return on assets (ROA) of 4.28%.

      


  • Steven Romick's Best Investments of the Year

    Steven Romick (Trades, Portfolio) is the portfolio manager of FPA Crescent Fund. He manages a portfolio composed of 50 stocks with a total value of $9.337 billion. The following are the best performers of his investments this year.


    TD Ameritrade Holding Corp. (AMTD), with a market cap of $23.4 billion, has gained 32.2% year to date. The guru's stake represents 2.01% of his total assets.

      


  • Japan Fund's Best Investments of the Year

    T. Rowe Price Japan Fund (Trades, Portfolio) was established in 1991. The fund manages a portfolio composed of 75 stocks with total value of $414 million. The following are the best performers of its investments:


    CSX Corp. (CSX) with a market cap of $34.37 billion has gained 44.0% year to date. The stake represents 0.02% of the fund’s total assets.

      


  • Retail Companies Showing Strong Value Potential Ahead of Christmas Season

    As the 2016 Christmas season nears, several consumer cyclical companies offer strong value potential to investors based on backtesting results. Four retail companies, Amazon.com Inc. (NASDAQ:AMZN), Home Depot Inc. (NYSE:HD), Nike Inc. (NYSE:NKE) and Walt Disney Co. (NYSE:DIS), generally had strong financial strength and business predictability during the backtesting period from 2006 to 2016.


    Sector overview

      


  • UniCredit Sells Pioneer Investments to Amundi

    The Italian bank UniCredit (MIL:UCG) is selling Pioneer Investments (Trades, Portfolio), the name under which Pioneer Global Asset Management S.p.A. and its subsidiaries operate and holds itself out to the public, to Amundi (XPAR:AMUN), an investment management company headquartered in Paris and a subsidiary of Crédit Agricole and Société Générale.


    According to the agreement inked by UniCredit and the French asset management company, UniCredit will get 3.545 billion euros in cash ($3.742 billion) from Amundi for all the investing activities of Pioneer with the exclusion of the Polish investing activities.

      


  • Pioneer Investments Continues to Buy Alibaba, 8 Others

    Pioneer Investments operates in wide areas of investment vehicles: mutual funds, single manager hedge funds, funds of hedge funds, structured products, segregated and managed accounts, institutional funds. In both the second and third quarters the guru bought shares in the following stocks:


    Targa Resources Corp. (TRGP)

      


  • Pioneer Investments Sells Chevron, General Electric

    Pioneer Investments (TradesPortfolio) operates in wide areas of investment vehicles: Mutual Funds, Single Manager Hedge Funds, Funds of Hedge Funds, Structured Products, Segregated and Managed Accounts, Institutional Funds. During the third quarter the guru’s largest sells were the following:


    The firm closed its shares in EMC Corp. (EMC) with an impact of -0.71% on the portfolio.

      


  • Pioneer Investments' Top 4 New Buys of 3rd Quarter

    Pioneer Investments (Trades, Portfolio) added 42 holdings to its portfolio in the third quarter. The following are its top four new buys:


    Pioneer purchased a 4,112,503-share stake in Masco Corp. (NYSE:MAS), a Michigan-based manufacturer of home improvement and home construction products, for an average price of $34.59 per share. The transaction had a 0.52% impact on the portfolio.

      


  • Predictable Companies Gurus Are Buying

    GuruFocus’ All-in-One Screener confirms the high business predictability ratings for the following stocks, and at least five gurus are shareholders in those companies.


    Apple

      


  • 7 Stocks With Growing Yields and Steady Assets

    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 of solid returns and growing asset value.


    Agrium Inc. (AGU) has a dividend yield that during the last five years has grown by 105.20%. The yield is now 3.91% with a payout ratio of 56%. The company has a 10-year asset growth rate of 21% supported by a current ROA of 5.14% that during the last 10 years has had an average value of 6.67%.

      


  • 6 Stocks With Growing Yield and Strong Returns

    Using the GuruFocus All-In-One Screener, I want to highlight stocks that have a 5-year growing dividend yield with strong profitability and a long-term track of solid returns and growing asset value.


    Church & Dwight Co. Inc.(NYSE:CHD) has a dividend yield that has grown by 31.80% over the last five years. The yield is now 1.49% with a payout ratio of 40%. The company has a 10-year asset growth rate of 8%, supported by a current return on assets (ROA) of 10.66% that, during the last 10 years, has had a median value of 9.19%.

      


  • Low P/S Stocks: The Travelers, AIG

    According to GuruFocus' All-in-One Screener, the following are the stocks with market caps above $5 billion that are trading with low price-sales (P/S) ratios.


    Ingersoll-Rand PLC (IR) is trading at about $64 with a P/S ratio of 1.28 and an estimated price-earnings (P/E) multiple of 11.79. The company has a market cap of $16.52 billion; over the last 10 years, the stock has risen by 116%. During the last 52 weeks, the price has been as high as $68.97 and as low as $47.08.

      


  • David Winters Sells Coca-Cola in 2nd Quarter

    David Winters (Trades, Portfolio) of Wintergreen Advisors extended three ongoing investment trends in the second quarter, divesting a stock that had been reduced gradually for more than a year and trimming two others that had been reduced since at least the start of this year.


    The guru sold out a 318,485-share holding in Coca-Cola (NYSE:KO), a carbonated soft drink maker based in Atlanta, for an average price of $45.21 per share. The divestiture had a -5.3% impact on the portfolio.

      


  • 9 Stocks Pioneer Investment Keeps Buying

    Pioneer Investment Management operates in wide areas of investment vehicles, such as Mutual Funds, Single Manager Hedge Funds, Funds of Hedge Funds, Structured Products, Segregated and Managed Accounts and Institutional Funds. In both the first and second quarters, the firm bought shares in the following stocks:


    Philip Morris International Inc. (PM)

      


  • Caxton Associates Exits Coca-Cola, Buys Raytheon

    Caxton Associates (Trades, Portfolio) LP is a New York-based trading and investment firm. Its primary business is to manage client and proprietary capital through global macro hedge fund strategies. Assets are managed via a broad mandate to trade in a variety of global markets and instruments. During the second quarter, the fund’s most heavily weighted trades were as follows:


    The firm closed its stake in Coca-Cola Co. (KO) with an impact of -5.68% on the portfolio.

      


  • Westport's Top 7 Transactions in 2nd Quarter Were Reductions

    Westport Asset Management (Trades, Portfolio)’s top seven transactions in the second quarter were reductions of stakes in its portfolio.


    In its largest transaction of the quarter, the firm sold nearly 30% of its holding in Universal Health Services Inc. (NYSE:UHS), a Pennsylvania-based hospital management company, selling 170,564 shares for an average price of $131.77 per share. The deal had a -3.33% impact on the portfolio.

      


  • 6 Stocks With Growing Yields

    Thanks to GuruFocus’ All-In-One Screener, we can 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 value.


    Agrium Inc. (AGU) has a dividend yield that during the last five years has grown by 105.20%. The yield is now 3.86% with a payout ratio of 56%. The company has a 10-year asset growth rate of 21%, supported by return on assets (ROA) of 15% that during the last 10 years has had a median value of 6.67%.

      


  • Guru Stocks That Outperform the S&P 500

    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.


    Federal Realty Investment Trust (FRT), with a market cap of $11.87 billion, has outperformed the S&P 500 Index by 22.4% during the last 12 months. Currently three gurus are holding the company that has returned 16%-plus year to date and 94%-plus during the last five years; it is now trading with a P/E(ttm) ratio of 48.37, and according to the DCF calculator it looks overpriced by 465% at the price of $167.35. Over the last 12 months the company’s revenue has grown by 6% and EPS has grown by 10%.

      


  • T. Rowe Price Buys Apple, Pepsi, Western Digital

    John Linehan has been the portfolio manager of T. Rowe Price Equity Income Fund (PRFDX) since November of 2015, taking the reins from Brian Rogers, who managed the Fund since its inception in 1985. The following are the most heavily weighted buys of the second quarter of 2016.


    The fund raised its stake in Total SA ADR. (TOT) by 91.74%, with an impact of 0.68% on the portfolio.

      


  • Gurus' Stocks Trading Below Peter Lynch's Fair 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 and at least five gurus are shareholders.


    Lincoln National Corp. (LNC) is trading at about $39 per share, and the Peter Lynch fair value gives the stock a fair price of $62.37, giving investors a margin of safety of 37%.

      


  • This Insurance Company Is Making Money Despite Weak Investment Returns and Competition

    The Travelers Companies Inc. (NYSE:TRV) is an insurance company, even more undervalued in the past few days, as it experiences collatoral damage from the Brexit vote. But behind the currently weak share price we find a solid company with promise.


    GuruFocus TRV logo

      


  • Pioneer Investments' Largest Buys of the Last 2 Quarters

    Pioneer Investment Management operates in wide areas of investment vehicles: Mutual Funds, Single Manager Hedge Funds, Funds of Hedge Funds, Structured Products, Segregated and Managed Accounts, Institutional Funds. The firm has a portfolio composed of 502 stocks and in both fourth quarter 2015 and first quarter 2016 the fund bought shares in the following stocks:


    Boeing Co. (BA)

      


  • In Spite of Less Revenue Rite Aid Still Has Growth Potential

    Rite Aid (NYSE:RAD) is the third-largest drugstore chain in the U.S. with stores in 4,570 locations. It sells both prescription and nonprescription drugs as well as other retail merchandise. Currently the stock is trading at a P/E multiple of 57.33x; while comparing it with peers on PEG ratio it is a rather cheap stock to buy, and it has upside potential of 13.65% from the market price of $7.74.


      


  • Competition in Retail Industry Gives Rise to Potential Value Traps

    The customized “Value Trap Screener” listed several retail companies that are potential value traps including Macy’s Inc. (NYSE:M) and Abercrombie and Fitch Co. (NYSE:ANF). As these two companies experience decreasing gross margins and operating margins, these stocks become potential sell targets.


    The dreaded value trap: some potential warning signs

      


  • Hedge Funds Maintain Bullish Move on Caterpillar

    Caterpillar Inc. (NYSE:CAT) is the world's largest producer of earthmoving equipment and a big maker of electric power generators and engines used in petroleum markets and mining equipment.


    In the first quarter the hedge fund sentiment seemed to be bullish. Pioneer Investments (Trades, Portfolio), Stanley Druckenmiller (Trades, Portfolio) and David Dreman (Trades, Portfolio) initiated new positions in the stock with 2,813 shares, 330,000 shares and 567 shares. Moreover, other bullish movements were made by Joel Greenblatt (Trades, Portfolio) and Paul Tudor Jones (Trades, Portfolio), having upped their stakes by 259.57% and 68.40%.

      


  • Pioneer Investments Adds to Stake in CVS

    Pioneer Investments (Trades, Portfolio) was founded by Philip L. Carret in 1928. Carret started his own investment portfolio with $10,000. Over the course of the next 55 years, his initial investment grew to $8 million. Warren Buffett (Trades, Portfolio) once said that Carret had "the best long term investment record of anyone I know."


    2102433142.png

      


  • Pioneer Sells Most of Stakes in Bank of America, Express Scripts, Citizens Financial

    Pioneer Investments (Trades, Portfolio)’ preferred sectors are Technology and Healthcare, but its most prominent transactions in the first quarter covered a wide range of sectors.


    Pioneer’s largest first-quarter transaction was the nearly 86% reduction of its stake in Bank of America Corporation (NYSE:BAC), a Charlotte, North Carolina-based banking and financial services company. Pioneer sold 20,731,901 shares for an average price of $13.54 per share. The deal had a -1.33% impact on Pioneer’s portfolio.

      


  • Guru Stocks With Steady Returns: NetEase, Monster Beverage

    According to GuruFocus' All-in-One Screener, the following stocks have had strong performance over the last 10 years with high and steady returns as well as profitability. EPS has also grown steadily with the company’s revenue. Most of these companies have a great cash-to-debt ratio.


    NetEase Inc. (NTES)

      


  • Time to Get Out of Dover

    Dover Corp (NYSE:DOV) is a $10.51 billion market cap company that manufactures a broad range of specialized industrial products and sophisticated manufacturing equipment.


    Better profitability

      


  • Gilead, Fossil Among Stocks Trading Below Lynch Earnings Line

    Former Magellan fund manager Peter Lynch devised a method of determining whether stocks are over or undervalued by equating $1 in earnings with $15 in stock price. The earnings line was introduced in his best-selling book “One Up on Wall Street.”


    A graph comparing the Peter Lynch earnings line with the actual stock price can be found on the summary pages of each stock on GuruFocus. The Peter Lynch Screen is also available to automatically search for high-performing undervalued stocks. Five of these picks are listed below.

      


  • 5 of the Most Discounted, US-Listed Net-Nets

    Ben Graham popularized net-net investing in his legendary book, "The Intelligent Investor." To this day, it’s an area of the market I love to explore.


    Net-net investing means investing in companies that trade at a market price that values them below the value of its cash and cash equivalents, accounts receivable (adjusted for doubtful accounts) and inventory (which you should adjust as well). The total of all liabilities is then subtracted from these current assets to arrive at a net-net value.

      


  • Insiders Roundup: Sales of Facebook

    The All-in-One Screener can be used to find insider buys and sells over the last week by clicking on the Insiders tab and changing the settings for All Insider Buying to “$1,000,000+” and duration to "March 2016."


    According to the above filters, the following are recent buys from company insiders in the past week.

      


  • Cummins and CSX: Undervalued With Predictable Business

    According to GuruFocus’ All-in-One Screener, the following stocks have a high business predictability rating, and at least five gurus are shareholders in the companies.


    Cabot Oil & Gas Corp. (COG)

      


  • Pioneer Investments Acquires 50 New Stakes

    Pioneer Investments (Trades, Portfolio) made 50 new buys in the fourth quarter. That is nearly as many new buys as Pioneer made in the third quarter, but it is also the guru’s fewest new buys since the third quarter of 2014.


    Pioneer Investments (Trades, Portfolio)’ most significant fourth-quarter transaction was the purchases of stakes in Alphabet Inc. (NASDAQ:GOOGL)(NASDAQ:GOOG), the Mountain View, California-based parent company of Google Inc. Pioneer purchased a 723,236-share stake in GOOGL for an average price of $742.51 per share and a 499,584-share stake in GOOG for an average price of $720.15 per share.

      


  • Bill Nygren Boosts Stakes in Halliburton, American Express, Caterpillar

    Bill Nygren (Trades, Portfolio) increased his stake in many stocks, but most of them were below 10%. He is portfolio manager of the Oakmark Fund. He and his partners are value investors, and they invest in companies that they believe trade at a substantial discount to what they consider to be the true business value.


    The biggest increase was in Halliburton Co. (HAL); the guru increased the stake by 51.13% at an average price of $39.34 per share. The position was established in Q4 2012 and in the first quarter he reduced the stake by 10.36%. The deal had an impact of 0.52% on the portfolio, and the stock price dropped 20%. The stock traded for $31.47 on Thursday.

      


  • 2 Gurus Betting Big on Panera Bread

    Guru Jim Simons (Trades, Portfolio) graduated from MIT in 1958 and went on to pursue a Ph.D in mathematics from the University of California, Berkeley in 1961. He then went on to serve for the U.S Department of Defense as a codebreaker during the Vietnam War. After the war, Simons founded Renaissance Technologies in 1982, which he ran for 28 years before retiring in 2010. He still continues to work for the fund helping to improve the company's mathematics-based medallion system.


    Simons is #32 on the Forbes 400 list with an estimated net worth of $14 billion.

      


  • Home Depot Leading in the Retail Sector

    Retail sales in November were up 0.2%, according to the U.S. Census Bureau’s most recent report. Meanwhile, consumers also reported increased optimism in the economy overall, according to the University of Michigan’s December Consumer Sentiment Index. While both reports released during the Dec. 11 week were broadly positive, each slightly missed economists’ expectations as the retail sector overall continues to see a trend towards lower sales forecasts for the 2015 holiday season.


    While sales in the retail sector overall have been trending downward, Home Depot (NYSE:HD) has continued to gain. With mortgage rates at all-time lows and the housing market a lead catalyst for the economy, Home Depot has been emerging as one of the retail sectors best performing stocks. Specifically in December as companies focus on their holiday sales forecasts with broad downgrades, Home Depot has gained, posting strong results and continued positive forward guidance.

      


  • Reasons to Avoid Blackbaud Inc. at Current Levels

    Blackbaud Inc. (NASDAQ:BLKB) stock is trading near its 52-week high of $63.27. The current price level is important for investors who buy stocks when the price exceeds its 52-week high, based on the feeling that if price breaks out from that level, there will be a “momentum” to bet for a favorable price movement.


    This mid-cap stock provides software solutions and related services for nonprofit, charitable giving, and education communities worldwide. Among their recent initiatives, it has launched the first upgrade to its cloud-based solution eTapestry CRM, introducing analytics features that will benefit smaller non-profit organizations, reducing costs and providing flexibility.

      


  • Gurus Add to Stakes in Biopharmaceutical Research Company

    Guru Ray Dalio (Trades, Portfolio) added 140,400 shares of Gilead Sciences Inc. (NASDAQ:GILD), a research-based biopharmaceutical company that discovers, develops and markets innovative medicines, to his portfolio in the third quarter.


    This was a 171.80% increase for Dalio, who now owns 222,121 shares of Gilead.

      


  • Pioneer Investments Adds to Stakes in Hartford Financial Group, Reynolds American

    Pioneer Investments (Trades, Portfolio), which was founded in Boston in 1928, has an extensive portfolio that includes a wide range of holdings. Pioneer made hundreds of transactions in the third quarter, as it does in most quarters, some large, most small by comparison but representing considerable global and market diversity.


    Pioneer’s most significant third-quarter transaction was its addition of 3,702,039 shares to its existing stake in Hartford Financial Services Group Inc. (NYSE:HIG), a Hartford, Conn.-based investment and insurance company. Pioneer paid an average price of $46.18 per share in a deal that had a 0.71% impact on its portfolio and raised Pioneer’s stake by more than 131%.

      


  • Bargain Stocks Among Pioneer Investments' Holdings

    Pioneer Investments operates in wide areas of investment vehicles: Mutual Funds, Single Manager Hedge Funds, Funds of Hedge Funds, Structured Products, Segregated and Managed Accounts, Institutional Funds.


    The current portfolio is composed of 567 stocks and has a total value of $26.705 million. The following are the stocks trading with a wide margin of safety according to the GuruFocus DCF calculator.

      


  • Steven Romick Sells CVS, Buys United Technologies

    Steven Romick (Trades, Portfolio) is the portfolio manager of FPA Crescent Fund, a Los Angeles-based money management firm practicing a disciplined approach to value investing, prudently seeking superior long-term returns while maintaining a focus on capital preservation.


    He manages a portfolio of 59 stocks with a total value of $9,351 million and the following are the most weighted trades during the third quarter .

      


  • Time to Take Profits on NASDAQ

    NASDAQ Inc. (NASDAQ:NDAQ) is one of the world’s largest providers of trading, clearing, exchange technology, regulatory, securities listing and information and public company services. NASDAQ operates in four business segments: market services, listing services, information services and technology solutions.


    NASDAQ’s market services include equity and derivative trading and clearing, cash equity trading, fixed income, currency and commodities trading and clearing, and broker services. Its transaction-based platforms provide market participants with the ability to access, process, display and integrate orders and quotes.

      


  • Pioneer Investments Buys JPMorgan, Sells Out Lorillard

    Pioneer Investments operates in a wide investment range and manages a portfolio composed of 567 stocks with a total value of $26,705 million. The following are its largest trades during the third quarter.


    It increased its stake in JPMorgan Chase & Co. (JPM) by 1053% with an impact of 0.87% on its portfolio.

      


  • Insiders Are Selling Dave & Buster's Entertainment and Buying Twinlab

    The All-In-One Guru Screener can be used to find insider buys and sales over the last week by clicking on the Insiders tab and changing the settings for All Insider Buying/All Insider Selling to “$1,000,000+” and duration to "October 2015."


    According to the above filters, the following are the recent buys from company insiders in the past week.

      


  • Hedge Fund FMR's Largest Buys in Second Quarter

    The hedge fund FMR LLC in its last quarterly 13F reported a total value of its portfolio of $780 billion, with a decrease of 0.61% since the previous quarter. During Q2 2015, the investor bought 188 new stocks and increased 1,155 of its existing stakes. The following are the most heavily weighted buys during the quarter.


    it bought shares of Allergan PLC (AGN) with an impact of 0.81% on the total value of its portfolio. The hedge fund started its position in the integrated specialty pharmaceutical company while it was trading at about $300.

      


  • Xerox Expands Health Care Technology and Launches New Brand Strategy

    Xerox (NYSE:XRX) is a well-known brand in the technology industry. Its business focuses on two main aspects which include document technology and business process services. In recent quarters it has continued to struggle to gain market share versus its dominant peers IBM (NYSE:IBM) and Hewlett-Packard (NYSE:HPQ). On Aug. 24 Xerox announced the acquisition of health care analytics company RSA Medical and on Aug, 28 also announced the launch of a new brand strategy around the theme “Work Can Work Better.” Despite Xerox’s efforts to expand in health care technology and improve its brand positioning, industry analysts are skeptical of its growth prospects.


    Xerox has been lagging its industry peers in market share and revenue growth over the past few quarters. In its most recent earnings report it posted revenue of $4.6 billion with earnings of $246 million and earnings per share of $0.22. Total revenue missed analysts’ revenue consensus for the second quarter by $50 million and fell 7% from the comparable quarter. Earnings were in line with analysts’ average estimate; however, both earnings and earnings per share fell from the comparable quarter. Earnings were down 19%, and earnings per share were down 12%.

      


  • David Einhorn's Greenlight Capital Raises Stake in Leading U.S. Memory Chip Maker Micron

    In this article, let's take a look at Micron Technology, Inc. (NASDAQ:MU), a $15.74 billion market cap company, which provides semiconductor solutions worldwide. Although the company delivers a negative return of more than 58% year-to-date, David Einhorn (Trades, Portfolio) holds 37.95 million shares, ups his stake by 14% on the quarter. The value of the stake amounts to $714.97 million. The second largest shareholder of the company is Seth Klarman (Trades, Portfolio), with 19.7 million shares, valued at $371.26 billion, held as of the end of the Q2 2015.


    More bullish sentiment

      


  • Nordstrom Beats Wall Street and Rallies Due to an Updated Guidance

    In this article, let's take a look at Nordstrom Inc. (NYSE:JWN), a $15.54 billion market cap company, which is a specialty retailer of apparel and accessories, widely known for its emphasison service.


    Trading higher

      


  • Estée Lauder: A Company That Could Surprise the Market Again

    In this article, let's take a look at The Estée Lauder Companies Inc. (NYSE:EL), a $33.68 billion market cap company, which is one of the world's leading manufacturers and marketers of skin care, makeup and fragrance products.


    Innovation

      


  • Cablevision Surpasses Estimates and Delivers Attractive Return

    In this article, let's take a look at Cablevision Systems Corporation (NYSE:CVC), a $7.78 billion market cap company, which is one of the largest U.S. cable multiple system operator, it offers Optimum brand cable, Internet and voice services to about 3 million subscribers in the New York tri-state area.


    The company reported higher-than-expected results in the second quarter of 2015. Net income from continuing operations was $75.6 million or $0.27 per share compared with $94.2 million or $0.34 per share in the year ago quarter. EPS outpaced analyst´s estimates of $0.24. Total revenue was at $1,653.4 million beating analyst´s estimates of $1,648 million and up 1.6% year over year. By segments, the cable segment’s revenues were $1,481.1 million, up 1.8% year over year and were divided like this:

      


  • Hedge Funds Are Bearish on Kimberly-Clark Corporation

    In this article, let's take a look at Kimberly-Clark Corporation (NYSE:KMB), a $42.5 billion market cap company, which is best known for brands such as Kleenex, Scott, Huggies and Kotex.


    Forward looking

      


  • A Nice Bet for Income Investors

    In this article, let's take a look at McDonald's Corp. (NYSE:MCD), a $93.57 billion market cap company, which is the largest fast-food restaurant company in the world, with about 35,000 restaurants in 119 countries.


    Performance

      


  • Four Stocks With Growing EPS Near Their 52-Week Lows

    With these articles, thanks to GuruFocus All-In-One Screener, I want to highlight stocks that got a strong price correction, and that are trading near their 52 weeks low but that can be good for investors, since they have growing earnings over the last years.


    HCP Inc (HCP)

      


  • Glenn Greenberg Adds to Familiar Stakes in First Quarter

    Once known as "the next Buffett," Glenn Greenberg (Trades, Portfolio), co-founder of Chieftain Capital Management, takes a deliberate, disciplined approach to his investments. He looks for companies whose growth rate is slow but steady, avoiding riskier investments that offer the possibility of great rewards as well as great losses. In the first quarter, he added to several such existing stakes in his portfolio.

    Greenberg added to his third-most valuable stake, JPMorgan Chase & Co (NYSE:JPM), a banking and financial services holding company based in New York. He bought 655,332 shares for an average price of $59.22 per share. The transaction had a 1.21% impact on Greenberg’s portfolio.  


  • Pioneer Investments Increases Its Stake In IBM

    Pioneer Investments (Trades, Portfolio) is a global investment management firm with presence in 28 countries worldwide. Last quarter, Pioneer Investment increased its stake in International Business Machines (NYSE:IBM) buying 243,902 shares. As of March 31, 2015, the firm was holding 370,607 shares of the company. Here's a look at the company in detail.


    IBM is a leading IT services and consulting company. IBM creates value for clients through integrated solutions and products that leverage: data, information technology, deep expertise in industries and business processes and a broad ecosystem of partners and alliances. IBM solutions typically create value by enabling new capabilities for clients that transform their businesses and help them engage with their customers and employees in new ways. These solutions draw from an industry-leading portfolio of consulting and IT implementation services, Cloud and cognitive offerings and enterprise systems and software; all bolstered by one of the world's leading research organizations.

      


  • Pioneer Investments Increases its stake in Estée Lauder

    Pioneer Investments (Trades, Portfolio) is a global investment management firm with presence in 28 countries worldwide. Last quarter, Pioneer Investment increased its stake in Estée Lauder (NYSE:EL) buying 104,536 shares. As of March 31, 2015, the firm was holding 879,941 shares of the company. The following chart shows Pioneer Investments' holding history in the company.


      


  • Pioneer Investments Buys Agrium in Q1

    Pioneer Investments (Trades, Portfolio) is a global investment management firm with presence in 28 countries worldwide. Last quarter, Pioneer Investment initiated a position in Agrium (NYSE:AGU) buying 25,967 shares. Agrium is a retailer of agricultural products and services in the United States, Canada, Australia, Argentina, Brazil, Chile and Uruguay, as well as a multi-national producer and wholesale marketer of nutrients for agricultural and industrial markets. Agrium’s strategy is to invest and operate across the agricultural inputs value chain (fertilizer, crop protection and seed), through production, distribution and retail sales. This integrated strategy allows the company to generate both strategic and operational synergies.


    In February, Agrium raised its target dividend pay out ratio to 40%-50% of free cash flow and earlier this month it announced a 12 percent increase in its dividend (now $3.50 on an annualized basis). The company also plans to buy back up to 5% of its common shares over the next 12 months. According to the company’s CEO, Chuck Magro, the company expects its free cash flow generation to increase significantly as it complete its major production capacity expansion projects for nitrogen and potash this year. According to him, the higher payout ratio strikes a balance between returning significant capital to shareholders, while maintaining Agrium’s core assets and flexibility for growth.

      


  • Pioneer Investments Increases Stake in Walgreens

    Pioneer Investments (Trades, Portfolio) is a global investment management firm with presence in 28 countries worldwide. Last quarter, Pioneer Investment increased its position in Walgreens Boots Alliance (NASDAQ:WBA) by buying 729,146 shares of the company. As of March 31, the firm was holding 733,355 shares of the company.


    Walgreens recently reported strong results with adjusted second quarter net earnings per diluted share increase of 21.6%, second quarter sales increase 35.5%, and retail pharmacy USA division comparable store sales increase of 6.9 percent. The company announced fiscal 2015 full year adjusted net earnings guidance of $3.45 to $3.65 per diluted share, and reaffirmed fiscal 2016 adjusted net earnings per diluted share goal of $4.25-$4.60. Free cash flow totaled $1.0 billion in the second quarter and $1.7 billion in the first six months, while GAAP operating cash flow totaled $1.3 billion in the quarter and $2.3 billion in the first six months.

      


  • Pioneer Investments Adds to Stake in Coca-Cola

    Pioneer Investments (Trades, Portfolio) is a global investment management firm with a presence in 28 countries worldwide. Last quarter, Pioneer Investment increased its position in Coca-Cola (NYSE:KO) by buying 153,780 shares of the company. As of March 31, the firm held 2,208,675 shares of the company. The following chart shows its holding history in Coca-Cola.


      


  • Pioneer Investments Increases Stake in Home Depot

    Pioneer Investments (Trades, Portfolio) is a global investment management firm with presence in 28 countries worldwide. Last quarter, Pioneer Investment increased its position in Home Depot (HD) by buying 226,867 shares of the company. As of March 31, the firm was holding 2,704,322 shares of the company. The following chart shows its holding history in Home Depot.


      


  • Pioneer Investments Sells Stakes in Allergan, Xilinx in First Quarter

    On its website, Pioneer Investments (Trades, Portfolio) assures visitors that its goal is “to offer concrete investment solutions that satisfy real investment needs,” and it claims that its “time-tested” approach to investing “is supported by in-depth research and analysis as well as expert portfolio and risk management.”


    It is reasonable to presume that the same applies to Pioneer’s own investment – and divestiture – decisions.

      


  • Chevron Corporation´s Dividend Sustainability Analysis

    In this article, let's analyze the sustainability of dividends using coverage ratios in the case of Chevron Corporation (NYSE:CVX).


    MM Dividend Irrelevance Theory

      


  • RS Investment Management's Growing Stocks trading at low P/E

    RS Investment Management (Trades, Portfolio) invests in public equity and fixed income markets across the world, as well as both growth and value stocks. In March, the firm launched an emerging markets small-cap fund for both retail and institutional share classes.


    The privately held San Francisco-based investment firm provides services for pension and profit-sharing plans, pooled investment vehicles, corporations, and banks. Matthew H. Scanlon, a graduate of Northwestern’s Kellog School of Management, is the firm’s CEO. RS Investment’s total assets are almost $27 billion.

      


  • Oracle Boosts Quarterly Dividends

    In this article, let's take a look at Oracle Corporation (NYSE:ORCL), a $188.26 billion market cap company that develops, manufactures, markets, hosts and supports database and middleware software, application software, cloud infrastructure, hardware systems, and related services worldwide.


    Dividend hike

      


  • This Insurer Company Will Have 22 Consecutive Years of Dividend Increases

    In this article, let's take a look at ACE Limited (NYSE:ACE), a $38.04 billion market cap company, which is a specialty insurer that provides commercial insurance and reinsurance for a diverse group of international clients.


    New dividend proposal

      


  • An Expected Growth Outside the U.S.

    In this article, let's take a look at Xerox Corporation (NYSE:XRX), a $15.49 billion market cap company, which is a media and entertainment conglomerate that has diversified global operations in theme parks, filmed entertainment, television broadcasting and consumer products.


    Eurozone

      


  • Pioneer Investments Purchases Time Warner Cable, Kohl's in Q4

    Pioneer Investments (Trades, Portfolio) is a global investment manager that launched in 1928. Its Pioneer Fund, which launched in that year, is a large-cap equity fund that focuses on well-established companies.


    The fund’s investment approach takes a long-term value-oriented, risk-managed view. John Carey, the current portfolio manager, has led the fund since 1996.

      


  • Expedia Has Made Astute Acquisitions

    In this article, let's take a look at Expedia Inc. (NASDAQ:EXPE), a $10.89 billion market cap company tha is one of the world's largest online travel services companies. Businesses include Expedia, Hotels.com and Hotwire. In December 2011, Expedia spun off TripAdvisor as a publicly traded company.


    Dominant player

      


  • Archer-Daniels-Midland Is a Major Processor Expanding Abroad

    In this article, let's take a look at Archer-Daniels-Midland Company (NYSE:ADM), a $32.77 billion market cap company that is one of the world's leading agribusiness concerns with major market positions in agricultural processing and merchandising.


    Low margins

      


  • Alliant Energy´s Earnings Growth Prospects

    In this article, let's take a look at Alliant Energy Corporation (NYSE:LNT), a $7.07 billion market cap company that provides electric and natural gas utility services, and also has various unregulated energy, freight transportation and other investments.


    Key driver

      


  • Why You Should Invest In Kroger

    In this article, let's take a look at The Kroger Co. (NYSE:KR), a $25.35 billion market cap company, which is a supermarket operator with over 2,650 stores in 34 states and also operates convenience stores, jewelry stores, supermarket fuel centers and food-processing plants.


    Fierce competition

      


  • A Successful Spin-Off Frees Long-Term Growth

    A recovering world economy placed an additional pressure on energy supply. While the Chinese economy appears to take a breath, North America steps on the accelerator, as Europe continues to look for the ignition. All that activity implies an additional stress on oil and gas supplies. North America has seen a gas boom on which it continues to ride. Also, unconventional reserves are still an important part. On the other hand, fracking remains a relatively new production technique.


    But Europe has not been able to secure its own resources, depending on Russia for gas and Africa and the Middle East for oil. Hence, the greater activities experienced by the industry respond to a greater global demand. ConocoPhillips (NYSE:COP) is one of the worldwide companies looking to absorb this market synergy. With operations in over 30 countries, the company continues to look for ways to increase reserves and production levels. But, can it reward long-term shareholders at the same time?

      


  • AstraZeneca: Time to Make a Bet? Steven Cohen Seems to Think It Is

    AstraZeneca PLC (NYSE:AZN) is a global prescription-based biopharmaceutical company with operations in the UK, continental Europe, the Americas, Asia, Africa and Australia. Its business focuses on the discovery and development of new products and its manufacturing, marketing and sale. AstraZeneca has managed to build its leading presence in the pharma and biotech industry thanks to patent-protected drugs and a constantly developing pipeline, both of which add up to a wide economic moat. In spite of this, its top and bottom-line have been and are expected to remain under pressure as non-generic and generic competition grows.


    So far the company’s quarterly revenues have fallen 4 percent (at constant exchange rates). Additionally, U.S. health care reforms impacted in revenues and costs by $199 million. Now, on the face of massive patent losses on gastrointestinal drug Nexium in 2014 and cholesterol reducer Crestor in 2016, doubts are raised about the company’s growth prospects. The loss of these products’ exclusivity will impact strongly on margins and could cause an amplified shock on AstraZeneca’s bottom line. The question is, then, how will the company manage to fill those shoes?

      


Add Notes, Comments

If you want to ask a question or report a bug, please create a support ticket.


Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}