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
Holly LaFon
Holly LaFon
Articles (8293) 

azValor Iberia Fund Buys Gas Natural and Cementos Molins in 4th Quarter

Value investors in Spain reveal portfolio

In the fourth quarter, azValor Asset Management’s Iberia FL portfolio added two new stocks, Gas Natural SDG SA (XMCE:GAS) and Cementos Molins SA (XMCE:CMO), the firm reported Thursday.

azValor is a Spain-based investment manager run by Alvaro Guzman de Lazaro and Fernando Bernad, which was founded around two years ago. The firm has since enjoyed a 36% return in its Iberian portfolio, as of January. azValor is based on a long-term vision for investments and stocks that are priced below their intrinsic value.

The Iberian fund focuses on stocks from Spain and Portugal and had only 5% in cash at third quarter-end. azValor’s managers believe the Iberian fund has upside potential of 42.6%, they said in a Jan. 8 announcement.

The new buys

Gas Natural SDG SA (XMCE:GAS)

azValor purchased 138,026 shares of Gas Natural SDG, whose shares traded around $19 euros each in the fourth quarter. The holding represented about 1.95% of the stock portfolio.

766825120.png

Gas Natural SDG SA has a market cap of 17.91 billion euros; its shares were traded around 17.91 euros with a P/E ratio of 14.80 and P/S ratio of 0.74. The trailing 12-month dividend yield of Gas Natural SDG SA stocks is 3.69%. The forward dividend yield of Gas Natural SDG SA stocks is 3.69%. Gas Natural SDG SA had an annual average earnings growth of 1.70% over the past 10 years.

Cementos Molins SA (XMCE:CMO)

azValor purchased 51,472 shares of Cementos Molins stock, which traded on average for 9 euros per share. The holding represented 0.32% of the portfolio.

409451508.png

Cementos Molins SA has a market cap of 538.23 million euros; its shares were traded around 8.49 euros with a P/E ratio of 6.85 and P/S ratio of 0.85. Cementos Molins SA had an annual average earnings growth of 0.60% over the past five years.

Adds

Euskaltel SA (XMCE:EKT)

azValor added 812,064 shares of Euskaltel, representing a 1,775.8% increase to 857,794 shares. The holding represented 4.27% of the stock portfolio.

1222504597.png

Euskaltel SA has a market cap of 1.03 billion euros; its shares were traded around 6.81 euros with a P/E ratio of 19.44 and P/S ratio of 1.85. The trailing 12-month dividend yield of Euskaltel SA stocks is 4.95%. The forward dividend yield of Euskaltel SA stocks is 3.73%.

Fomento de Construcciones y Contratas SA (XMCE:FCC)

azValor added 212,868 shares of the company, representing an 81.89% increase to 472,538 shares. The holding represented 2.99% of the stock portfolio.

449775949.png

Fomento de Construcciones y Contratas SA has a market cap o $3.38 billion euros; its shares were traded around 8.92 euros with a P/E ratio of 21.23 and P/S ratio of 0.57.

Telefonica (XMCE:TEF)

azVAlor added 278,193 shares of Telefonica, representing a 78.28% increase to 633,579 shares. The holding represented 3.77% of the stock portfolio.

1526585636.png

Telefonica SA has a market cap of 39.75 billion euros; its shares were traded around 7.66 euros with a P/E ratio of 16.63 and P/S ratio of 0.77. The trailing 12-month dividend yield of Telefonica SA stocks is 5.22%. The forward dividend yield of Telefonica SA stocks is 5.22%.

Melia Hotels International SA (XMCE:MEL)

azValor purchased 206,804 shares of Melia Hotels International, reflecting a 67.63% increase to 512,609 shares. The holding represented 4.32% of the stock portfolio.

729251493.png

Melia Hotels International SA has a market cap of 2.48 billion euros; its shares were traded around 10.87 euros with a P/E ratio of 20.51 and P/S ratio of 1.32. The trailing 12-month dividend yield of Melia Hotels International SA stocks is 1.21%. The forward dividend yield of Melia Hotels International SA stocks is 1.21%. Melia Hotels International SA had an annual average earnings growth of 6.8% over the past five years.

Acerinox SA (XMCE:ACX)

azValor purchased 100,761 shares of Acerinox, representing a 57.5% increase to 276,007 shares. The holding represented 2.41% of the stock portfolio.

1940145507.png

Acerinox SA has a market cap of 3.05 billion euros; its shares were traded around 11.07 euros with a P/E ratio of 15.58 and P/S ratio of 0.71. The trailing 12-month dividend yield of Acerinox SA stocks is 4.07%. The forward dividend yield of Acerinox SA stocks is 4.07%. Acerinox SA had an annual average earnings growth of 3.5% over the past five years.

Sonae Capital SGPS SA (XLIS:SONC)

azValor purchased 1,726,691 shares of Sonae Capital SGPS, representing a 55.28% increased to 4,858,427 shares. The holding represented 3.17% of the stock portfolio.

1263635063.png

Sonae Capital SGPS SA has a market cap of 254.044 million euros; its shares were traded around 1.04 euros with a P/E ratio of 51.80 and P/S ratio of 1.31. The trailing 12-month dividend yield of Sonae Capital SGPS SA stocks is 9.65%. The forward dividend yield of Sonae Capital SGPS SA stocks is 9.65%.

Coca-Cola European Partners PLC (XMCE:CCE)

azValor purchased 55,218 shares of Coca-Cola European Partners PLC, representing a 41.49% portfolio increase. The holding represented 4.51% of the portfolio. The fourth quarter average price was 34 euros per share.

942787892.png

Coca-cola European Partners PLC has a market cap of 14.87 billion euros; its shares were traded around 30.64 euros with a P/E ratio of 20.01 and P/S ratio of 1.46. The trailing 12-month dividend yield of Coca-Cola European Partners PLC stocks is 2.62%. The forward dividend yield of Coca-Cola European Partners PLC stocks is 2.74%.

Jeronimo Martins SGPS SA (XLIS:JMT)

azValor purchased 29,457 shares of Jeronimo Martins SGPS, representing an 18.22% portfolio increase to 191,111 shares. The holding represented 2.27% of the portfolio. The fourth-quarter average share price was 16 euros per share.

1646204319.png

Jeronimo Martins SGPS SA has a market cap of 10.63 billion euros; its shares were traded around 16.92 euros with a P/E ratio of 28.20 and P/S ratio of 0.67. The trailing 12-month dividend yield of Jeronimo Martins SGPS SA stocks is 3.58%. The forward dividend yield of Jeronimo Martins SGPS SA stocks is 3.58%. Jeronimo Martins SGPS SA had an annual average earnings growth of 12.9% over the past 10 years.

See azValor’s Iberia Fl portfolio here.


Rating: 5.0/5 (1 vote)

Voters:

Comments

Jorgemoj
Jorgemoj - 6 days ago    Report SPAM

Hello Holly

Fantastic articles.

Please, could you post the same information for the "Azvalor International" portfolio?

Thanks

Please leave your comment:


Performances of the stocks mentioned by Holly LaFon


User Generated Screeners


coybarnesLow Asset Turnover Tech
rael2222ALL 1
HOLKLSUTrump Trade Group Trending Ex-
HOLKLSULucky Dozen Group Now Trending
pbarker46FRD-like
jebcolemanFoolish 8
parsontaGood Company Valuation
HOLKLSUTop 20 Group Now Trending Sect
HOLKLSUTop 20 Group Now Trending Sect
ahabalammarEarning Growth & Low PEG
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