Richard Pzena (Trades, Portfolio) began his investment career working for Amoco Corporation in various financial planning roles. He earned an MBA from the Wharton School of the University of Pennsylvania. Prior to founding Pzena Investment Management in 1995, Pzena worked as the director of U.S Equity investments and was the chief research officer for Sanford C Bernstein & Company.
In the fourth quarter of 2015, Pzena quadrupled his stake in ARC Document Solutions Inc. (ARC, Financial).
ARC Document Solutions is a leading document solutions company serving businesses of all types, with an emphasis on the nonresidential segment of the architecture, engineering and construction industries. The company's primary goals are to improve efficiencies and reduce costs of printing documents. ARC Document Solutions helps more than 90,000 customers reduce costs and increase efficiency in the use of their documents.
ARC Document Solutions has a market cap of $170.58 million, a P/E ratio of 1.87, an enterprise value of $319.94 million and a quick ratio of 1.31.
Below is a Peter Lynch chart showing that the earnings is above the price of the company, which is a very good sign.
ARC Document Solutions has afew more good signs according to GuruFocus. The company has a high Piotroski F-Score at 7, which indicates a very healthy financial situation. The company's price is close to the two-year low, which is a great sign. The company’s P/B ratio is close to the 10-year low at 0.87.
Pzena believes that he has found great value in ARC Document Solutions, a company that believes that frugality and efficiency are their top differentiation advantages. Pzena is fully loaded with over 36 years of investment experience, and he has shown that he is not afraid to allocate himself when given the opportunity.
Cheers to your investment success.
