Top 5 2nd Quarter Trades of Beach Point Capital Management LP

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Jul 20, 2022
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Beach Point Capital Management LP recently filed their 13F report for the second quarter of 2022, which ended on 2022-06-30.

The 13F report details which stocks were in a guru’s equity portfolio at the end of the quarter, though investors should note that these filings are limited in scope, containing only a snapshot of long positions in U.S.-listed stocks and American depository receipts as of the quarter’s end. They are not required to include international holdings, short positions or other types of investments. Still, even this limited filing can provide valuable information.

1620 26TH STREET SANTA MONICA, CA 90404

As of the latest 13F report, the guru’s equity portfolio contained 17 stocks valued at a total of $414.00Mil. The top holdings were FYBR(24.52%), LLAP(23.73%), and MPLN(12.41%).

According to GuruFocus data, these were Beach Point Capital Management LP’s top five trades of the quarter.

Terran Orbital Corp


Beach Point Capital Management LP reduced their investment in NYSE:LLAP by 19,900,402 shares. The trade had a 17.2% impact on the equity portfolio. During the quarter, the stock traded for an average price of $5.03.

On 07/20/2022, Terran Orbital Corp traded for a price of $4.55 per share and a market cap of $631.15Mil. The stock has returned 0.00% over the past year.

GuruFocus gives the company a financial strength rating of 3 out of 10 and a profitability rating of 1 out of 10.

In terms of valuation, Terran Orbital Corp has a price-earnings ratio of 9999.00, a EV-to-Ebitda ratio of -9.75 and a price-sales ratio of 47.22.

FS KKR Capital Corp


Beach Point Capital Management LP reduced their investment in NYSE:FSK by 1,895,043 shares. The trade had a 7.43% impact on the equity portfolio. During the quarter, the stock traded for an average price of $21.22.

On 07/20/2022, FS KKR Capital Corp traded for a price of $20.8734 per share and a market cap of $5.91Bil. The stock has returned 13.17% over the past year.

GuruFocus gives the company a financial strength rating of 3 out of 10 and a profitability rating of 4 out of 10.

In terms of valuation, FS KKR Capital Corp has a price-earnings ratio of 2.77, a price-book ratio of 0.76 and a price-sales ratio of 2.53.

The price-to-GF Value ratio is 0.64, earning the stock a GF Value rank of 8.

MultiPlan Corp


Beach Point Capital Management LP reduced their investment in NYSE:MPLN by 3,368,950 shares. The trade had a 2.71% impact on the equity portfolio. During the quarter, the stock traded for an average price of $4.94.

On 07/20/2022, MultiPlan Corp traded for a price of $5.23 per share and a market cap of $3.35Bil. The stock has returned -27.18% over the past year.

GuruFocus gives the company a financial strength rating of 3 out of 10 and a profitability rating of 3 out of 10.

In terms of valuation, MultiPlan Corp has a price-earnings ratio of 31.90, a price-book ratio of 1.37, a EV-to-Ebitda ratio of 9.53 and a price-sales ratio of 2.85.

Frontier Communications Parent Inc


Beach Point Capital Management LP reduced their investment in NAS:FYBR by 482,454 shares. The trade had a 2.29% impact on the equity portfolio. During the quarter, the stock traded for an average price of $25.61.

On 07/20/2022, Frontier Communications Parent Inc traded for a price of $26.34 per share and a market cap of $6.45Bil. The stock has returned -6.86% over the past year.

GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 3 out of 10.

In terms of valuation, Frontier Communications Parent Inc has a price-earnings ratio of 16.65, a price-book ratio of 1.34, a EV-to-Ebitda ratio of 12.02 and a price-sales ratio of 2.07.

Diebold Nixdorf Inc


Beach Point Capital Management LP reduced their investment in NYSE:DBD by 937,917 shares. The trade had a 1.08% impact on the equity portfolio. During the quarter, the stock traded for an average price of $3.77.

On 07/20/2022, Diebold Nixdorf Inc traded for a price of $3.3992 per share and a market cap of $265.73Mil. The stock has returned -69.46% over the past year.

GuruFocus gives the company a financial strength rating of 3 out of 10 and a profitability rating of 4 out of 10.

In terms of valuation, Diebold Nixdorf Inc has a EV-to-Ebitda ratio of 14.70 and a price-sales ratio of 0.07.

The price-to-GF Value ratio is 0.40, earning the stock a GF Value rank of 4.


Please note, the numbers and facts quoted are as of the writing of this article and may not factor in the latest trading data or company announcements.

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