Joel Greenblatt (Trades, Portfolio) is founder and managing partner of Gotham Asset Management LLC. In both the second and third quarters the guru bought shares in the following stocks:
OraSure Technologies Inc. (OSUR)
During the second quarter, the guru increased his holding by 17.91% and by 65.05% in the third quarter.
The guru holds 0.07% of outstanding shares of the company, which develops, manufactures, markets and sells oral fluid diagnostic products and specimen collection devices using its proprietary oral fluid technologies. Third-quarter consolidated net revenues increased 8% from the same quarter of a year before, and international sales grew 35%. Consolidated net income was $6.2 million, or 11 cents per share on a fully diluted basis, compared to consolidated net income of $1.5 million, or 3 cents per share on a fully diluted basis, for the third quarter of 2015.
The largest shareholder among the gurus is Jim Simons (Trades, Portfolio) with 7.13% of outstanding shares followed by PRIMECAP Management (Trades, Portfolio) with 3.62%, Ken Fisher (Trades, Portfolio) with 1.12%, Paul Tudor Jones (Trades, Portfolio) with 0.1% and Greenblatt with 0.07%.
Bank of America Corp. (BAC)
During the second quarter, the investor increased his position by 36.18% and by 59.52% in the third quarter. It is a bank holding and financial holding company.
Through its subsidiaries, it provides banking and nonbanking financial services and products throughout the U.S. and in selected international markets. During the last quarter revenue increased 3% from the third quarter of a year before and net income grew 7%. The company reported an increase of 8% for earnings per share.
Dodge & Cox is the largest shareholder among the gurus with 2.26% of outstanding shares followed by Barrow, Hanley, Mewhinney & Strauss with 0.79%, HOTCHKIS & WILEY with 0.55%, Fisher with 0.35%, First Pacific Advisors (Trades, Portfolio) with 0.33%, Bill Nygren (Trades, Portfolio) with 0.33%, Richard Pzena (Trades, Portfolio) with 0.28%, Andreas Halvorsen (Trades, Portfolio) with 0.25% and Steven Romick (Trades, Portfolio) with 0.25%.
Caleres Inc.Ă‚ (CAL)
During the second quarter of 2016, the guru increased his holding by 190.42% and boosted it by 91.85% in the third quarter.
The guru holds 0.1% of outstanding shares of the company, which is a footwear retailer and wholesaler. Its activities include the operation of retail shoe stores and ecommerce websites as well as the design, sourcing and marketing of footwear for women and men. Third-quarter net sales grew 0.5%, and gross margin increased 53 basis points. The company reported a 41 basis points increase for operating margin.
The largest shareholder among the gurus is Chuck Royce (Trades, Portfolio) with 2.37% of outstanding shares followed by Steven Cohen (Trades, Portfolio) with 0.38% and Simons with 0.15%.
Faro Technologies Inc. (FARO)
During the second quarter, the investor increased his position by 31.30% and by 11.80% in third quarter.
The guru holds 0.15% of outstanding shares of the company, which designs, develops, manufactures, markets and supports software driven, 3-D measurement, imaging and realization systems. Third-quarter gross margin was 55.3%, an increase of 2.7% from the same quarter of a year before, and operating income grew 52.1%.
PRIMECAP Management is the largest shareholder among the gurus with 10.94% of outstanding shares followed by Barrow, Hanley, Mewhinney & Strauss with 9.28%, Royce with 4.65%, Simons with 1.33% and Fisher with 0.29%.
Iconix Brand Group Inc. (ICON)
During the second quarter, the guru increased his holding by 70.05% and raised it by 114.96% in the third quarter.
The guru holds 0.15% of outstanding shares of the company, which is a brand management company. It is engaged in licensing, marketing and providing trend direction for a portfolio of consumer brands. Operating income did not change from the same quarter of a year ago, but operating margin grew 11% year over year.
The largest shareholder among the gurus is Simons with 0.61% of outstanding shares followed by Charles Brandes (Trades, Portfolio) with 0.02%.
Moody's Corp. (MCO)
During the second quarter, the investor increased his position by 89.25% and by 116% in the third quarter. The company provides credit ratings, credit- and economic-related research, data and analytical tools, software solutions and related risk management services, quantitative credit risk measures, financial services training and certification services. During the last quarter revenue grew 10% from the third quarter of a year before, and operating income increased 14%. The company reported a 15% increase for GAAP earnings per share and a 21% increase for non-GAAP earnings per share.
Warren Buffett (Trades, Portfolio) is the largest shareholder among the gurus with 12.9% of outstanding shares followed by Chuck Akre (Trades, Portfolio) with 2.11%, Chris Davis (Trades, Portfolio) with 0.77%, Tom Gayner (Trades, Portfolio) with 0.15%, Cohen with 0.04%, Simons with 0.04% and MS Global Franchise Fund (Trades, Portfolio) with 0.04%.
Nasdaq Inc. (NDAQ)
During the second quarter, the guru increased his holding by 16.50% and increased it by 34.06%Ă‚ in the third quarter.
The guru holds 0.01% of outstanding shares of the company, which is a provider of trading, clearing, exchange technology, regulatory, securities listing, information and public company services across six continents. Third-quarter revenues were a record for the company with an 11% year-over-year increase. Operating expenses were $352 million, an increase of $54 million from $298 million in the third quarter of 2015.
The largest shareholder among the gurus is Pioneer Investments (Trades, Portfolio) with 0.64% of outstanding shares followed by Jeremy Grantham (Trades, Portfolio) with 0.35%, Simons with 0.32%, Jones with 0.01%, Ray Dalio (Trades, Portfolio) with 0.01% and Murray Stahl (Trades, Portfolio) with 0.01%.
Regis Corp. (RGS)
During the second quarter the investor boosted his position by 258.97% and increased it by 29.56% in the third quarter.
The guru holds 0.14% of outstanding shares of the company, which owns, franchises and operates beauty salons. The company's services include haircutting and styling including shampooing and conditioning, hair coloring and other services. First-quarter operating income was $7.7 million compared to $4.3 million in the prior-year quarter and diluted earnings per share was 7 cents compared to 2 cents in the prior-year quarter.
The largest shareholder among the gurus is Simons with 3.62% of outstanding shares followed by First Pacific Advisors with 2.23% and Jones with 0.03%.
Clarcor Inc. (CLC)
During the second quarter, the guru increased his holding 126.67% and by 0.62% in the third quarter.
The guru holds 0.05% of outstanding shares of the company, which is engaged in manufacturing, marketing and distributing filtration products through its three industry segments: engine and mobile filtration, industrial and environmental filtration and packaging. During the third quarter net sales decreased 7% year over year, but operating profit and diluted earnings per share both grew 1%.
Mario Gabelli (Trades, Portfolio) is the largest shareholder among the gurus with 1.18% of outstanding shares followed by Royce with 1.13%.
Disclosure: I do not own any shares of any stocks mentioned in this article.
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