Oakmark Intl Small Cap (Trades, Portfolio) Fund recently added two new positions to its portfolio of 59 stocks, valued around $2.95 billion with a 10% quarter over quarter turnover.
The most heavily weighted sector in Oakmark Intl's portfolio is the industrials sector, which comprises 36.8% of its portfolio. The second is technology, which makes up 18.6% and the third is financial services, which is 12.5%.
Oakmark Intl added Outotec Oyj (OHEL:OTE1V, Financial) to its portfolio and purchased 6,707,000 shares at an average price of €5.37 a share. The position makes up 1.39% of the firm's overall portfolio.
The company provides process solutions, technologies and services for mining and metallurgical industries. The stock is currently trading at €6.02 a share.
Outotec's Board of Directors decided to issue shares held by the company from the 2014 earning period as a reward from the 2013-2015 Share-based Incentive Program to 167 employees.
EBITDA for the trailing twelve months as of March 2015 was €0.22 a share and over the past five years, Oyj's growth rate was 1% a year, as shown in the chart above.
The company's current ratio is at a comfortable 1.47, which indicates that Oyj may have good short-term financial strength.
The Small Cap Fund also added China ZhengTong Auto Services Holdings Ltd (HKSE:01728, Financial) to its portfolio. 20,178,000 shares were purchased at an average price of HK$ 3.92 a share, resulting in a 30% overall gain when compared to its current trading price of HK$ 5.06 a share.
China ZhengTong sells brand new automobiles and also offers after sale services such as maintainence and repair, sales of spare parts, accessories, financing and insurance.
The company's earnings per share for the trailing twelve months as of December 2014 was HK$ 0.45. Investors should be cautious of China ZhengTong's P/E ratio of 11.24, as it is close to the one-year high of 11.97.
Revenue per share for the trailing twelve months was HK$ 17.50 and so the P/S ratio is currently 0.29 and close to its one-year high of 0.31, which is another warning sign investors should be aware of.
For a closer look at Oakmark Intl's portfolio, click here.
