Richard Snow (Trades, Portfolio) is founder of Snow Capital. Snow began his career investing the proceeds from the sale of the Snow Family businesses. His reputation grew and others began asking him to manage their assets and after the first three months of 2015 his portfolio has a total value of $3,335 million and is composed of 140 stocks.
During the last quarter he closed nine trades. He increased seven stakes and reduced two.
PBF Energy Inc (PBF)
In January he increased his stake by 4.33%, and in March he reduced it by 15.99%. At the end of the quarter, he was holding 3,775,387 shares or 4.73% of outstanding shares of the company.
The company has returns almost null (ROE -3.03%, ROA -0.74%, ROC 6.29%) but a good dividend yeld of 4.11% (28% of payout ratio)
Tidewater Inc. (TDW)
In January he increased his stake by 10.03%, and he reached a total of 3,453,354 shares or 7.36% of outstanding shares and now he is the main holder.
Even TDW has almost null returns (ROE -0.48%, ROA -0.26%, ROC -0.04%) and a high dividend yeld of 3.96% (31% of payout ratio and a 10 years growth rate of 7.20% )
Titan International Inc. (TWI)
In January he increased his stake by 47.31% and he reached a total of 3,601,534 shares or 6.70% of outstanding shares and now he is the main holder.
The company has negative returns (ROE -12.32%, ROA -4.67%, ROC -9.33%) and a low dividend yeld of 0.20% (a 10 years growth rate of 3.00% )
Atlas Air Worldwide Holdings Inc. (AAWW)
In January he increased his stake by 25.65% and he reached a total of 1,630,235 shares or 6.57% of outstanding shares and now he is helding almost the same number of shares of Guru Ken Fisher (Trades, Portfolio)
The company has positive returns (ROE 7.86%, ROA 2.65%, ROC 5.60%) and during the last 12 months the price rose by 22%
Big Lots Inc. (BIG)
In January he increased his stake by 41.93% and in February he reduced his stake by 10.78%. At the end of the quarter he was holding a total of 2,476,092 shares or 5.15% of outstanding shares and now he is the main Guru holding this company.
The company has positive returns (ROE 14.06%, ROA 6.64%, ROC 22.73%) and an average dividend yeld of 1.50% (21% of payout ratio)
Carbo Ceramics Inc. (CRR)
In January he heavily increased his stake by 5250.99% and he reached a total of 1,288,785 shares or 5.545% of outstanding shares and now he is the main Guru holding this company.
The company has positive returns (ROE 7.15%, ROA 6.16%, ROC 12.27%) and a high dividend yeld of 3.82% (52% of payout ratio and a 10 years growth rate of 15.30%)
Abercombie & Fitch Co. (ANF)
In January he heavily increased his stake by 4,945.34%, and he reached a total of 3,562,264 shares or 5.12% of outstanding shares; now he is the main Guru holding this company.
The company has positive returns (ROE 3.43%, ROA 1.98%, ROC 8.70%) and a high dividend yeld of 3.63% (113% of payout ratio and a 10 years growth rate of 3.20%)
