Charles de Vaulx (Trades, Portfolio), chief investment officer and portfolio manager at International Value Advisers LLC, made half a dozen new buys in the third quarter.
The guru purchased 130,628 shares of Baidu Inc. (BIDU, Financial), a Chinese Web services company headquartered in Beijing, for an average price of $173.03 per share. The transaction had a 0.55% impact on the portfolio.
Frank Sands (Trades, Portfolio) is Baidu’s leading shareholder among the gurus with a stake of 6,960,626 shares. The stake is 2.01% of Baidu’s outstanding shares and 3.73% of the guru’s total assets.
Baidu has a price-earnings (P/E) ratio of 11.91, a forward P/E of 24.45, a price-book (P/B) ratio of 4.36 and a price-sales (P/S) ratio of 5.31. GuruFocus gives Baidu a Financial Strength rating of 7/10 and a Profitability and Growth rating of 8/10 with return on equity (ROE) of 41.38% that is higher than 95% of the companies in the Global Internet Content & Information industry and return on assets (ROA) of 21.71% that is higher than 94% of the companies in that industry.
Baidu sold for $165.52 per share Wednesday. The DCF Calculator gives Baidu a fair value of $398.54 with a 59% margin of safety.
The guru invested in 394,100 shares of Seven & I Holdings Co. Ltd. (TSE:3382, Financial), a diversified Japanese retail group based in Tokyo, for an average price of 4,424.95 Japanese yen ($37.70) per share. The deal had a 0.43% impact on the portfolio.
Matthews Japan Fund (Trades, Portfolio) is Seven & I’s leading shareholder among the gurus with a stake of 1,703,700 shares. The stake is 2.55% of the fund’s total assets.
Seven & I has a P/E ratio of 36.15, a forward P/E of 19.31, a P/B of 1.79 and a P/S of 0.67. GuruFocus gives Seven & I a Financial Strength rating of 7/10 and a Profitability and Growth rating of 7/10 with ROE of 4.73% that is lower than 68% of the companies in the Global Grocery Stores industry and ROA of 2.03% that is lower than 65% of the companies in that industry.
Seven & I sold for 4,485 yen per share Wednesday. The DCF Calculator gives Seven & I a fair value of 1,640.58 yen.
Convenience store chain 7-Eleven reported making 77 drone deliveries this year, besting Amazon (AMZN, Financial). The chain is owned by Seven & I.
The guru bought a 1,088,800-share stake in Rohto Pharmaceutical Co. Ltd. (TSE:4527, Financial), a Japanese consumer goods and pharmaceutical company, for an average price of 1,664.41 yen per share. The purchase had a 0.43% impact on the portfolio.
The investment made de Vaulx Rohto’s largest shareholder among the gurus. The stake is 0.96% of Rohto’s outstanding shares and 0.43% of de Vaulx’s total assets.
Rohto has a P/E ratio of 25.27, a P/B ratio of 1.95 and a P/S ratio of 1.32. GuruFocus gives Rohto a Financial Strength rating of 8/10 and a Profitability and Growth rating of 6/10 with ROE of 7.55% that is higher than 55% of the companies in the Global Drug Manufacturers – Specialty and Generic industry and ROA of 4.79% that is higher than 57% of the companies in that industry.
Rohto sold for 1,848 yen per share Wednesday. The DCF Calculator gives Rohto a fair value of 788.5 yen.
The guru purchased 619,970 shares of Annaly Capital Management Inc. (NLYPRE, Financial), a New York-based real estate investment trust (REIT), for an average price of $25.5 per share. The transaction had a 0.36% impact on the portfolio.
The deal made de Vaulx Annaly Capital’s largest shareholder among the gurus. The holding is 0.36% of the guru’s total assets.
Annaly Capital has a P/E ratio of 93.64, a P/B ratio of 0.87 and a P/S ratio of 22.89. GuruFocus gives Annaly Capital a Financial Strength rating of 5/10 and a Profitability and Growth rating of 6/10 with ROE of 1.47% that is lower than 80% of the companies in the Global REIT – Diversified industry and ROA of 0.33% that is lower than 82% of the companies in that industry.
The guru invested in 277,300 shares of Miraca Holdings Inc. (TSE:4544, Financial), a Japanese holding company, for an average price of 4,904.32 yen per share. The deal had a 0.32% impact on the portfolio.
The purchase made de Vaulx Miraca’s leading shareholder among the gurus. The position is 0.32% of the guru’s total assets.
Miraca has a P/B ratio of 2.16 and a P/S ratio of 1.44. GuruFocus gives Miraca a Financial Strength rating of 8/10 and a Profitability and Growth rating of 6/10 with ROE of -10.79% that is lower than 52% of the companies in the Global Diagnostics & Research industry and ROA of -7.02% that is higher than 50% of the companies in that industry.
Miraca sold for 5,210 yen per share Wednesday. The DCF Calculator gives Miraca a fair value of -3,138.36 yen.
The guru bought 43,294 shares of Wendel SE (XPAR:MF), a Paris-based investment company, for an average price of 98.31 euros ($102.71) per share. The transaction had a 0.12% impact on the portfolio.
The deal made de Vaulx Wendel’s leading shareholder among the gurus. The holding is 0.12% of the guru’s total assets.
Wendel has a P/B ratio of 2.22 and a P/S ratio of 0.67. GuruFocus gives Wendel a Financial Strength rating of 4/10 and a Profitability and Growth rating of 6/10 with ROE of -20.71% that is lower than 92% of the companies in the Global Asset Management industry and ROA of -3.43% that is lower than 79% of the companies in that industry.
Wendel sold for 114.8 euros per share Tuesday. The DCF Calculator gives Wendel a fair value of -153.89 euros.
Disclosure: I do not own any stocks mentioned in this article.
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