1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Sydnee Gatewood
Sydnee Gatewood
Articles (331) 

Sarah Ketterer Gains 4 Stocks in 1st Quarter

Guru releases quarterly portfolio

Causeway Capital Management’s Sarah Ketterer (Trades, Portfolio) gained four new stocks in the first quarter. They are Canadian Pacific Railway Ltd. (NYSE:CP), Flowserve Corp. (NYSE:FLS), Companhia de Saneamento Basico do Estado de Sao Paulo (NYSE:SBS) and SodaStream International Ltd. (NASDAQ:SODA).

As CEO of Causeway, Ketterer invests in equities in global, international and emerging markets to gain the greatest absolute returns. She manages a portfolio of 81 stocks that is valued at $6.010 billion.

Ketterer’s largest purchase for the quarter was 2.7 million shares of Canadian Pacific Railway for an average price of $148.48 per share, giving it 7.24% portfolio space.

The rail transportation company has a market cap of $22.4 billion; its shares were trading around $152.57 on Friday with a price-earnings (P/E) ratio of 20.95, a price-book (P/B) ratio of 6.14 and a price-sales (P/S) ratio of 5.01.

The Peter Lynch chart below shows the stock is trading above its fair value.

1495146001679.png

GuruFocus ranked Canadian Pacific’s financial strength 4 of 10 and its profitability and growth 8 of 10. The trailing dividend yield is 1% and the forward dividend yield is 1.1%. Over the past five years, the company has grown its dividend at a rate of 7.1% per year.

Andreas Halvorsen (Trades, Portfolio) is the company’s largest guru shareholder with 2.2% of its outstanding shares. In addition, five other gurus hold the stock.

Ketterer bought 1.6 million shares of Flowserve for an average price of $48.46 per share, expanding the portfolio 1.5%.

The global pump company has a market cap of $6.34 billion; its shares were trading around $48.56 on Friday with a P/E ratio of 52.2, a P/B ratio of 3.8 and a P/S ratio of 1.6.

According to the Peter Lynch chart below, the stock is trading above its fair value.

1495201804054.png

GuruFocus ranked Flowserve’s financial strength 5 of 10 and its profitability and growth 6 of 10. The trailing dividend yield and forward dividend yield are both 1.6%. The company has grown its dividend at a rate of 12.9% per year for the past five years.

First Eagle Investment (Trades, Portfolio) is the largest company’s shareholder among the gurus with 9.6% of its outstanding shares. In total, 10 gurus own Flowserve stock.

After previously exiting her stake in Companhia de Saneamento Basico in third-quarter 2014, Ketterer established a new 1.73 million-share stake, paying an average price of $10.17 per share. The trade had an impact of 0.3% on the portfolio.

The Brazilian water and waste management company has a market cap of $7.14 billion; its shares were trading around $8.83 on Friday with a P/E ratio of 6.8, a P/B ratio of 1.3 and a P/S ratio of 1.4.

Based on the Peter Lynch chart below, the stock appears to be trading below its fair value.

1495203271950.png

GuruFocus ranked the company’s financial strength 5 of 10 and its profitability and growth 8 of 10. The company does not pay a dividend currently.

Jim Simons (Trades, Portfolio) is the company’s largest guru shareholder with 0.4% of its outstanding shares. A total of six gurus own the stock.

For her smallest new purchase of the quarter, Ketterer invested in 600 shares of SodaStream for an average price of $45.43 per share.

The home beverage carbonation systems manufacturer has a market cap of $1.13 billion; its shares were trading around $52.16 on Friday with a P/E ratio of 21.4, a P/B ratio of 2.7 and a P/S ratio of 2.3.

The Peter Lynch chart below indicates the stock is trading above its fair value.

1495204146503.png

GuruFocus ranked the company’s financial strength 9 of 10 and its profitability and growth 7 of 10. The company does not pay a dividend.

Among the gurus invested in SodaStream, Simons has the largest holding with 3.25% of outstanding shares. Jeremy Grantham (Trades, Portfolio) and Caxton Associates (Trades, Portfolio) also own the stock.

Ketterer also increased her positions in SM Energy Co. (NYSE:SM), Baidu Inc. (NASDAQ:BIDU), PDC Energy Inc. (NASDAQ:PDCE), Advance Auto Parts Inc. (NYSE:AAP), Signet Jewelers Ltd. (NYSE:SIG) and Citigroup Inc. (NYSE:C) during the quarter. To see all of her current holdings, view her portfolio.

Disclosure: I do not own any stocks mentioned in the article.

Start a free 7-day trial of Premium Membership to GuruFocus.

About the author:

Sydnee Gatewood
I am an editorial assistant at GuruFocus. I have a BA in journalism and an MA in mass communications from Texas Tech University. I have lived in Texas most of my life, but also have roots in New Mexico and Colorado. Follow me on Twitter! @gurusydneeg

Rating: 0.0/5 (0 votes)

Comments

Please leave your comment:


Performances of the stocks mentioned by Sydnee Gatewood


User Generated Screeners


alexbernal0$$SharYieldScore
alexbernal0$$FCFScore
alexbernal0$$EarnGrowScore
fluidityinglassShort%20Squeeze%20high%20F,%20
opadovaniP Median2 No DIV
cegdevelopmentthe best managers
cegdevelopmentprof managers
cegdevelopmentguru goals
cegdevelopmentguru holding
opadovaniFCF Growth
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK