Ruane Cunniff (Trades, Portfolio) is a value investor focused on the intrinsic value of a business. The firm is a long-term investor and will buy stocks and hold them for quite awhile, even if sometimes the stocks seem to be overvalued. During the first quarter the investor bought shares in the following stocks.
The guru acquired 4,843,324 shares in Dentsply Sirona Inc. (XRAY) with an impact of 2.32% on the portfolio.
The company is a designer, developer, manufacturer and marketer of consumable dental products for the professional dental market. First-quarter revenues increased 17.7% compared to prior year and sales of the combined businesses grew 6.5%. The company reported 55.6% increase for GAAP EPS and 16.9% increase for non-GAAP EPS.
GuruFocus gives the stock a profitability and growth rating of 8 out of 10 with ROE of 8.93% and ROA of 5.32% that are outperforming 62% of the companies in the Global Medical Instruments & Supplies industry. Financial strength has a rating of 6 out of 10 with cash to debt of 0.27 that is below the industry median of 1.81.
Vanguard Health Care Fund (Trades, Portfolio) is the company's second-largest shareholder among the gurus with 0.81% of outstanding shares followed by Meridian Funds (Trades, Portfolio) with 0.43%, Columbia Wanger (Trades, Portfolio) with 0.38%, Joel Greenblatt (Trades, Portfolio) with 0.18% and Mario Gabelli (Trades, Portfolio) with 0.06%.
The investor bought 1,733,000 shares in JD.com Inc. (JD) with an impact of 0.36% on the portfolio.
The company acquires products from suppliers and sells them directly to its customers through its website and mobile applications. Net revenues for the first quarter of 2016 had an increase of 47.3% from the first quarter of 2015. The company reported a 54% increase for fulfilled orders.
GuruFocus gives the stock a profitability and growth rating of 2 out of 10 with ROE of -26.61% and ROA of -11.31% that are underperforming 84% of the companies in the Global Internet Content & Information industry. Financial strength has a rating of 5 out of 10 with cash to debt of 2.71 that is far below the industry median of 26.81.
The largest shareholder among the gurus is Chase Coleman (Trades, Portfolio) with 3.15% of outstanding shares followed by Dodge & Cox with 2.1%, Steve Mandel (Trades, Portfolio) with 1.58%, Andreas Halvorsen (Trades, Portfolio) with 1.08%, Spiros Segalas (Trades, Portfolio) with 0.38%, Jeremy Grantham (Trades, Portfolio) with 0.31% and Ken Fisher (Trades, Portfolio) with 0.16%.
The guru acquired 93,880 shares in Chipotle Mexican Grill Inc. (CMG) with an impact of 0.34% on the portfolio.
The company operates Chipotle Mexican Grill restaurants, which serve a menu of burritos, tacos, burrito bowls (a burrito without the tortilla) and salads made using fresh ingredients. First-quarter revenue decreased 23.4% and comparable restaurant sales decreased 29.7%. Net loss was $26.4 million, a decrease from net income of $122.6 million.
GuruFocus gives the stock a profitability and growth rating of 9 out of 10 with ROE of 15.61% and ROA of 12.25% that are outperforming 71% of the companies in the Global Restaurants industry. Financial strength has a rating of 7 out of 10 with no debt.
Frank Sands (Trades, Portfolio) is the largest shareholder of the company among the gurus with 5.33% of outstanding shares followed by Grantham with 2.28%, Jim Simons (Trades, Portfolio) with 0.1%, Pioneer Investments (Trades, Portfolio) with 0.5% and Louis Moore Bacon (Trades, Portfolio) with 0.02%.
The investors increased his shares in Yelp Inc. (YELP) by 448.10% with an impact of 0.07% on the portfolio.
It operates local search websites that connect people with local businesses. The company provides local advertising, brand advertising and other services. Net revenue had a 34% growth over the first quarter of 2015 and cumulative reviews grew 31% year over year.
GuruFocus gives the stock a profitability and growth rating of 5 out of 10 with ROE of -6.85% and ROA of -6.28% that are underperforming 71% of the companies in the Global Internet Content & Information industry. Financial strength has a rating of 7 out of 10 with no debt.
The largest shareholder among the gurus is Lee Ainslie (Trades, Portfolio) with 7.1% of outstanding shares followed by David Einhorn (Trades, Portfolio) with 4.23%, John Burbank (Trades, Portfolio) with 0.85%, Fisher with 0.05% and Robert Karr (Trades, Portfolio) with 0.02%.
The guru bought 233,130 shares in Demandware Inc. (DWRE) with an impact of 0.07% on the portfolio.
The company provides enterprise-class cloud digital commerce solutions, which includes ecommerce, order management and predictive intelligence applications, for retailers and branded manufacturers. During the last quarter subscription revenue had a 31% year-over-year increase over the first quarter of 2015 and live customers grew 25% from the same quarter of a year before.
GuruFocus gives the stock a profitability and growth rating of 2 out of 10 with ROE of -15.27% and ROA of -11.94% that are underperforming 77% of the companies in the Global Software - Application industry. Financial strength has a rating of 9 out of 10 with no debt.
Columbia Wanger (Trades, Portfolio) is the company's leading shareholder among the gurus with 2.93% of outstanding shares followed by John Paulson (Trades, Portfolio) with 0.73%, RS Investment Management (Trades, Portfolio) with 0.06% and Paul Tudor Jones (Trades, Portfolio) with 0.03%.
The investors acquired 163,073 shares in Liberty Global PLC. (LBTYA) with an impact of 0.05% on the portfolio.
The company through its subsidiaries provides video, broadband Internet, fixed-line telephony and mobile services across 14 countries. First-quarter revenue grew 3% from the same quarter of a year before.
GuruFocus gives the stock a profitability and growth rating of 5 out of 10 with ROE of -8.37% and ROA of -1.43% that are underperforming 78% of the companies in the Global Pay TV industry. Financial strength has a rating of 6 out of 10 with cash to debt of 0.02 that is below the industry median of 0.53.
The largest shareholder among the gurus is Warren Buffett (Trades, Portfolio) with 1.85% of outstanding shares followed by Dodge & Cox with 1.81%, Manning & Napier Advisors Inc. with 1.33%, First Eagle Investment (Trades, Portfolio) with 0.3%, Larry Robbins (Trades, Portfolio) with 0.29%, Grantham with 0.27% and Bill Gates (Trades, Portfolio) with 0.25%.
The guru acquired 31,425 shares in LinkedIn Corp. (LNKD) with an impact of 0.03% on the portfolio.
The company operates a social networking website used for professional networking. Its website allows members to post profiles of their professional expertise and accomplishments.
GuruFocus gives the stock a profitability and growth rating of 6 out of 10 with ROE of -4.03% and ROA of -2.56% that are underperforming 69% of the companies in the Global Internet Content & Information industry. Financial strength has a rating of 7 out of 10 with cash to debt of 2.78 that is far below the industry median of 26.81.
Sands is the company's leading shareholder among the gurus with 5.5% of outstanding shares followed by Segalas with 1.74%, Steven Cohen (Trades, Portfolio) with 0.24%, Pioneer Investments (Trades, Portfolio) with 0.09% and David Carlson (Trades, Portfolio) with 0.08%.
The investors bought 750,000 shares in Och-Ziff Capital Management Group LLCĂ‚ (OZM) with an impact of 0.03% on the portfolio.
It is an alternative asset management firm and provides asset management services to its investment funds.
GuruFocus gives the stock a profitability and growth rating of 2 out of 10 with ROA of -0.82% that is underperforming 68% of the companies in the Global Asset Management industry. Financial strength has a rating of 5 out of 10 with cash to debt of 0.52 that is far below the industry median of 9,999.0.
The largest shareholder among the gurus is David Abrams (Trades, Portfolio) with 1.94% of outstanding shares followed by T Rowe Price Equity Income Fund (Trades, Portfolio) with 1.3%, Simons with 0.05% and Chuck Royce (Trades, Portfolio) with 0.01%.
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