FPA Capital’s Robert Rodriguez has submitted updates to his portfolio for the end of this year’s third quarter.
Rodriguez is known to invest in the stocks of companies with unique business characteristics, successful business strategies and strong balance sheets, according to his GuruFocus Portfolio Report.
In addition to a new holding with Alliant Techsystems Inc. (ATK) and a sell of all his shares of Amerigroup Corporation (AGP), Rodriguez has made reductions of his stake for the following companies:
Foot Locker Inc. (FL)
Rodriguez reduced his current holding of Foot Locker down by more than 174,000 shares, bringing him down to a total of 682,400 shares. He sold the shares at an average market price of $34.86.
Foot Locker is a global retailer of athletic shoes and apparel. The company operates more than 3,369 athletic retail stores in 23 countries in North America, Europe, Australia and New Zealand under several brand names: Foot Locker, Lady Foot Locker, Kids Foot Locker, Footaction, Champs Sports and CCS.
Currently selling at a market price of $35.15 per share, Foot Locker has a market cap of $5.26 billion, a P/E (ttm) ratio of 16, a P/S ratio of 0.9 and a P/B ratio of 2.4. It has a Financial Strength rank of 9 out of 10, a Profitability and Growth rank of 7 out of 10 and a Business Predictability rank of one star, according to its GuruFocus stock profile.
Atwood Oceanics Inc. (ATW)
Rodriguez reduced his current holding of Atwood Oceanics by more than 114,000 shares, bringing him down to a total of 308,006 shares. He sold the shares at an average market price of $45.73.
Atwood Oceanics is a company that engages in the drilling and the exploration and development of oil and gas wells worldwide. Atwood owns 10 mobile offshore drilling units, and is expanding its fleet with the construction of six high-specification rigs, according to its website.
Currently selling at a market price of $46.48 per share, Atwood has a market cap of $3.01 billion, a P/E (ttm) ratio of 12, a P/S ratio of 4.7 and a P/B ratio of 1.6. It has a Financial Strength rank of 7 out of 10, a Profitability and Growth rank of 8 out of 10 and a Business Predictability rank of three stars, according to its GuruFocus stock profile.
Veeco Instruments Inc. (VECO)
Rodriguez reduced his current holding of Veeco Instruments Inc. by more than 126,000, bringing him down to a total of $338,700 shares. He sold the shares at a market price of $28.90.
Veeco Instruments is a company that provides equipment solutions that enable the manufacturing of LEDs, power electronics, hard drives, MEMs and wireless chips.
Currently selling at a market price of $29.07 per share, Veeco has a market cap of $1.13 billion, a P/E (ttm) ratio of 11.3, a P/B ratio of 1.4 and a P/S ratio of 1.2. It has a Financial Strength of 9 out of 10, a Profitability and Growth rank of 7 out of 10 and a Business Predictability rank of one star, according to its GuruFocus stock profile.
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Rodriguez is known to invest in the stocks of companies with unique business characteristics, successful business strategies and strong balance sheets, according to his GuruFocus Portfolio Report.
In addition to a new holding with Alliant Techsystems Inc. (ATK) and a sell of all his shares of Amerigroup Corporation (AGP), Rodriguez has made reductions of his stake for the following companies:
Foot Locker Inc. (FL)
Rodriguez reduced his current holding of Foot Locker down by more than 174,000 shares, bringing him down to a total of 682,400 shares. He sold the shares at an average market price of $34.86.
Foot Locker is a global retailer of athletic shoes and apparel. The company operates more than 3,369 athletic retail stores in 23 countries in North America, Europe, Australia and New Zealand under several brand names: Foot Locker, Lady Foot Locker, Kids Foot Locker, Footaction, Champs Sports and CCS.
Currently selling at a market price of $35.15 per share, Foot Locker has a market cap of $5.26 billion, a P/E (ttm) ratio of 16, a P/S ratio of 0.9 and a P/B ratio of 2.4. It has a Financial Strength rank of 9 out of 10, a Profitability and Growth rank of 7 out of 10 and a Business Predictability rank of one star, according to its GuruFocus stock profile.
Atwood Oceanics Inc. (ATW)
Rodriguez reduced his current holding of Atwood Oceanics by more than 114,000 shares, bringing him down to a total of 308,006 shares. He sold the shares at an average market price of $45.73.
Atwood Oceanics is a company that engages in the drilling and the exploration and development of oil and gas wells worldwide. Atwood owns 10 mobile offshore drilling units, and is expanding its fleet with the construction of six high-specification rigs, according to its website.
Currently selling at a market price of $46.48 per share, Atwood has a market cap of $3.01 billion, a P/E (ttm) ratio of 12, a P/S ratio of 4.7 and a P/B ratio of 1.6. It has a Financial Strength rank of 7 out of 10, a Profitability and Growth rank of 8 out of 10 and a Business Predictability rank of three stars, according to its GuruFocus stock profile.
Veeco Instruments Inc. (VECO)
Rodriguez reduced his current holding of Veeco Instruments Inc. by more than 126,000, bringing him down to a total of $338,700 shares. He sold the shares at a market price of $28.90.
Veeco Instruments is a company that provides equipment solutions that enable the manufacturing of LEDs, power electronics, hard drives, MEMs and wireless chips.
Currently selling at a market price of $29.07 per share, Veeco has a market cap of $1.13 billion, a P/E (ttm) ratio of 11.3, a P/B ratio of 1.4 and a P/S ratio of 1.2. It has a Financial Strength of 9 out of 10, a Profitability and Growth rank of 7 out of 10 and a Business Predictability rank of one star, according to its GuruFocus stock profile.
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