Ken Heebner (Trades, Portfolio), co-founder of Capital Growth Management, sold shares of the following stocks in the fourth quarter.
The guru sold out of NVR Inc. (NVR, Financial), impacting the portfolio by -4.03%.
The construction company, which builds homes, has a market cap of $11.38 billion and an enterprise value of $11.31 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. Its return on equity of 35.81% and return on assets of 18.74% are outperforming 97% of companies in the Global Residential Construction industry. Its financial strength is rated 7 out of 10. The cash-debt ratio of 1.12 is below the industry median of 2.23.
Jim Simons (Trades, Portfolio) is the largest shareholder of the company among the gurus with 1.39% of outstanding shares, followed by Diamond Hill Capital (Trades, Portfolio) with 0.74% and Columbia Wanger (Trades, Portfolio) with 0.17%.
Heebner exited his Micron Technology Inc. (MU, Financial) holding. The trade had an impact of -3.63% on the portfolio.
The company, which makes memory and storage solutions, has a market cap of $68.65 billion and an enterprise value of $72.39 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. Its ROE of 45.20% and ROA of 22.85% are outperforming 96% of companies in the Global Semiconductor Memory industry. Its financial strength is rated 7 out of 10. The cash-debt ratio of 0.68 is below the industry median of 1.59.
The company's largest shareholder among the gurus is PRIMECAP Management (Trades, Portfolio) with 5.05% of outstanding shares, followed by David Tepper (Trades, Portfolio) with 2.38% and Donald Smith (Trades, Portfolio) with 0.93%.
The investor closed his position in Norwegian Cruise Line Holdings Ltd. (NCLH, Financial). The transaction had an impact of -2.89% on the portfolio.
The cruise line has a market cap of $12.94 billion and an enterprise value of $19.07 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. Its ROE of 14.93% and ROA of 5.56% are outperforming 71% of companies in the Global Leisure industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.03 is below the industry median of 0.78.
Barrow, Hanley, Mewhinney & Strauss is the largest guru shareholder of the company with 2.12% of outstanding shares, followed by PRIMECAP Management with 2.13% and Pioneer Investments (Trades, Portfolio) with 0.86%.
The guru closed his Applied Materials Inc. (AMAT, Financial) holding, impacting the portfolio by -2.62%.
The semiconductor manufacturing equipment supplier has a market cap of $64.06 billion and an enterprise value of $61.91 billion.
GuruFocus gives the company a profitability and growth rating of 9 out of 10. Its ROE of 33.74% and ROA of 15.64% are outperforming 88% of companies in the Global Semiconductor Equipment and Materials industry. Its financial strength is rated 7 out of 10. The cash-debt ratio of 1.41 is below the industry median of 1.59.
The company's largest guru shareholder is PRIMECAP Management with 0.41% of outstanding shares, followed by the T Rowe Price Equity Income Fund (Trades, Portfolio) with 0.32% and Steven Cohen (Trades, Portfolio) with 0.17%.
Heebner trimmed his Prudential Financial Inc. (PRU, Financial) position by 97.17%. The trade had an impact of -2.4% on the portfolio.
The insurance company has a market cap of $46.37 billion and an enterprise value of $45.45 billion.
GuruFocus gives the company a profitability and growth rating of 3 out of 10. Its ROE of 15.82% and ROA of 0.97% are outperforming 61% of companies in the Global Insurance - Life industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.72 is below the industry median of 7.42.
Pioneer Investments is the company's largest shareholder among the gurus with 0.31% of outstanding shares, followed by Simons with 0.26%, Jeremy Grantham (Trades, Portfolio) with 0.03% and John Buckingham (Trades, Portfolio) with 0.02%.
The Hilton Worldwide Holdings Inc. (HLT, Financial) position was closed, impacting the portfolio by -2.31%.
The hotel chain operator has a market cap of $25.65 billion and an enterprise value of $31.68 billion.
GuruFocus gives the company a profitability and growth rating of 5 out of 10. Its ROE of 50.24% and ROA of 7.56% are outperforming 80% of companies in the Global Lodging industry. Its financial strength is rated 4 out of 10. The cash-debt ratio of 0.09 is below the industry median of 0.78.
The company's largest guru shareholder is Richard Pzena (Trades, Portfolio) with 0.8% of outstanding shares, followed by PRIMECAP Management with 0.27%, Cohen with 0.18% and Pioneer Investments with 0.16%.
The guru's PulteGroup Inc. (PHM, Financial) holding was closed. The transaction had an impact of -2.27% on the portfolio.
The homebuilder has a market cap of $8.65 billion and an enterprise value of $11.82 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. The ROE of 10.06% and ROA of 4.51% are outperforming 65% of companies in the Global Residential Construction industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.04 is below the industry median of 2.23.
With 0.61% of outstanding shares, Richard Snow (Trades, Portfolio) is the company's largest guru shareholder, followed by Joel Greenblatt (Trades, Portfolio) with 0.09%.
Heebner exited his Lam Research Corp. (LRCX) position, impacting the portfolio by -2.04%.
The semiconductor company has a market cap of $37.26 billion and an enterprise value of $34.75 billion.
GuruFocus gives the company a profitability and growth rating of 9 out of 10. Its ROE of 25.20% and ROA of 13.82% are outperforming 87% of companies in the Global Semiconductor Equipment and Materials industry. Its financial strength is rated 7 out of 10. The cash-debt ratio of 1.79 is above the industry median of 1.59.
The company's largest guru shareholder is Pioneer Investments with 0.34% of outstanding shares, followed by Cohen with 0.26% and George Soros (Trades, Portfolio) with 0.17%.
Disclosure: I do not own any stocks mentioned in this article.
