Robert Olstein Buys 3, Sells 2 in 2nd Quarter

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Jul 25, 2022
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Robert Olstein 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.

Robert A. Olstein is the Chairman and Chief Investment Officer of the Olstein Financial Alert Fund (OFALX). He is considered to be an expert in corporate financial disclosure and reporting practices. In 1971, he co-founded the "Quality of Earnings Report" service, which pioneered the concept of using inferential financial screening techniques to analyze balance sheets and income statements to alert institutional portfolio managers to positive or negative factors affecting a company's future earnings power and value of a company's stock.

As of the latest 13F report, the guru’s equity portfolio contained 104 stocks valued at a total of $667.00Mil. The top holdings were WRK(3.28%), ZBH(3.25%), and GOOG(1.77%).

According to GuruFocus data, these were

Robert Olstein (Trades, Portfolio)’s top five trades of the quarter.

JetBlue Airways Corp


The guru sold out of their 812,000-share investment in NAS:JBLU. Previously, the stock had a 1.52% weight in the equity portfolio. Shares traded for an average price of $10.76 during the quarter.

On 07/25/2022, JetBlue Airways Corp traded for a price of $8.44 per share and a market cap of $2.71Bil. The stock has returned -45.65% over the past year.

GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 6 out of 10.

In terms of valuation, JetBlue Airways Corp has a price-book ratio of 0.75, a EV-to-Ebitda ratio of 11.15 and a price-sales ratio of 0.39.

The price-to-GF Value ratio is 0.45, earning the stock a GF Value rank of 4.

WestRock Co


During the quarter,

Robert Olstein (Trades, Portfolio) bought 230,000 shares of NYSE:WRK for a total holding of 501,000. The trade had a 1.51% impact on the equity portfolio. During the quarter, the stock traded for an average price of $47.03.

On 07/25/2022, WestRock Co traded for a price of $41.66 per share and a market cap of $10.62Bil. The stock has returned -11.46% over the past year.

GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 7 out of 10.

In terms of valuation, WestRock Co has a price-earnings ratio of 14.07, a price-book ratio of 0.94, a price-earnings-to-growth (PEG) ratio of 2.71, a EV-to-Ebitda ratio of 6.44 and a price-sales ratio of 0.55.

The price-to-GF Value ratio is 0.88, earning the stock a GF Value rank of 7.

Zimmer Biomet Holdings Inc


During the quarter,

Robert Olstein (Trades, Portfolio) bought 85,000 shares of NYSE:ZBH for a total holding of 185,000. The trade had a 1.49% impact on the equity portfolio. During the quarter, the stock traded for an average price of $118.79.

On 07/25/2022, Zimmer Biomet Holdings Inc traded for a price of $107.9 per share and a market cap of $22.61Bil. The stock has returned -29.85% over the past year.

GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 7 out of 10.

In terms of valuation, Zimmer Biomet Holdings Inc has a price-earnings ratio of 104.76, a price-book ratio of 1.89, a EV-to-Ebitda ratio of 18.78 and a price-sales ratio of 2.96.

The price-to-GF Value ratio is 0.84, earning the stock a GF Value rank of 9.

The Timken Co


Robert Olstein (Trades, Portfolio) reduced their investment in NYSE:TKR by 93,100 shares. The trade had a 0.71% impact on the equity portfolio. During the quarter, the stock traded for an average price of $58.42.

On 07/25/2022, The Timken Co traded for a price of $59.77 per share and a market cap of $4.43Bil. The stock has returned -20.78% over the past year.

GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 8 out of 10.

In terms of valuation, The Timken Co has a price-earnings ratio of 12.23, a price-book ratio of 1.95, a price-earnings-to-growth (PEG) ratio of 0.84, a EV-to-Ebitda ratio of 8.20 and a price-sales ratio of 1.08.

The price-to-GF Value ratio is 0.88, earning the stock a GF Value rank of 7.

The Scotts Miracle Gro Co


The guru established a new position worth 59,000 shares in NYSE:SMG, giving the stock a 0.7% weight in the equity portfolio. Shares traded for an average price of $99.23 during the quarter.

On 07/25/2022, The Scotts Miracle Gro Co traded for a price of $83.18 per share and a market cap of $4.61Bil. The stock has returned -52.99% over the past year.

GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 8 out of 10.

In terms of valuation, The Scotts Miracle Gro Co has a price-earnings ratio of 11.70, a price-book ratio of 4.73, a price-earnings-to-growth (PEG) ratio of 0.70, a EV-to-Ebitda ratio of 11.58 and a price-sales ratio of 1.03.

The price-to-GF Value ratio is 0.54, 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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