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The founder and Chairman of Dreman Value Management LLCÂ David Dreman (Trades, Portfolio) sold shares in the following stocks during the first quarter.
The Amgen Inc. (AMGN) position was trimmed 96.20%, impacting the portfolio by -0.57%.
The company is a leader in biotechnology-based human therapeutics. It has a market cap of $109.96 billion and an enterprise value of $113.32 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. Its return on equity (ROE) of 8.19% and return on assets (ROA) of 2.85% are outperforming 81% of companies in the Global Biotechnology industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.91 is below the industry median of 73.06.
PRIMECAP Management (Trades, Portfolio) is the largest shareholder of the company among the gurus with 3.33% of outstanding shares followed by Jim Simons (Trades, Portfolio) with 0.69% and Pioneer Investments (Trades, Portfolio) with 0.21%.
The holding of CalAtlantic Group Inc. (CAA) was closed. The trade had an impact of -0.27% on the portfolio.
The company operates in the business of constructing single-family attached and detached homes. It has a market cap of $6.17 billion and an enterprise value of $10.03 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. The ROE of 10.39% and ROA of 5.02% are outperforming 70% of companies in the Global Residential Construction industry. Its financial strength is rated 4 out of 10. The cash-debt ratio of 0.03 is below the industry median of 2.23.
The largest shareholder of the company among the gurus is Jeremy Grantham (Trades, Portfolio) with 0.4% of outstanding shares followed by John Paulson (Trades, Portfolio) with 0.04% and Paul Tudor Jones (Trades, Portfolio) with 0.01%.
Dreman exited his Scripps Networks Interactive Inc. Class A (SNI)’s position. The transaction had an impact of -0.27% on the portfolio.
The company operates the Food Network, HGTV, Travel Channel and others. It is a developer of lifestyle-oriented content. It has a market cap of $11.71 billion and an enterprise value of $14.44 billion.
GuruFocus gives the company a profitability and growth rating of 9 out of 10. The ROE of 25.95% and ROA of 9.77% are outperforming 86% of companies in the Global Broadcasting – TV industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.05 is below the industry median of 1.39.
Mario Gabelli (Trades, Portfolio) is the largest shareholder of the company among the gurus with 0.73% of outstanding shares followed by Grantham with 0.41% and Paulson with 0.38%.
The guru slightly cut his holding of JPMorgan Chase & Co. (JPM) by 7.03%, impacting the portfolio by -0.15%.
The company operates in investment and commercial banking and other financial services. It has a market cap of $363.87 billion and an enterprise value of $277.06 billion.
GuruFocus gives the company a profitability and growth rating of 5 out of 10. The ROE of 9.69% and ROA of 1.04% are outperforming 53% of companies in the Global Banks - Global industry. Its financial strength is rated 4 out of 10. The cash-debt ratio of 1.23 is below the industry median of 2.12.
The largest shareholder of the company among the gurus is Dodge & Cox with 0.76% of outstanding shares followed by PRIMECAP Management (Trades, Portfolio) with 0.69%, Barrow, Hanley, Mewhinney & Strauss with 0.52% and Chris Davis (Trades, Portfolio) with 0.37%.
Dreman exited his position of Two Harbors Investment Corp. (TWO). The trade had an impact of -0.15% on the portfolio.
The real estate investment company has a market cap of $2.72 billion. It operates in investing, financing and managing residential mortgage securities.
GuruFocus gives the company a profitability and growth rating of 4 out of 10. While the ROE of 8.93% is outperforming the sector, ROA of 1.44% is underperforming 53% of companies in the Global REIT - Residential industry. Its financial strength is rated 4 out of 10 with a cash-debt ratio of 0.28 that is above the industry median of 0.06.
Simons is the largest shareholder of the company among the gurus with 0.8% of outstanding shares followed by Jones with 0.1%.
The KeyCorp. (KEY)’s holding was cut by 12.72%, impacting the portfolio by -0.14%.
The company operates in the financial service domain. It has a market cap of $20.53 billion and an enterprise value of $31.32 billion.
GuruFocus gives the company a profitability and growth rating of 5 out of 10. While the ROE of 8.84% is underperforming the sector, ROA of 1.02% is outperforming 57% of companies in the Global Banks - Regional - US industry. It financial strength is rated 4 out of 10. The cash-debt ratio of 0.04 is below the industry median of 2.12.
The largest shareholder of the company among the gurus is Barrow, Hanley, Mewhinney & Strauss with 2.2% of outstanding shares followed by T Rowe Price Equity Income Fund (Trades, Portfolio) with 0.85% and Richard Pzena (Trades, Portfolio) with 0.65%.
The investor cut 7.58% of his Bank of America Corp. (BAC) position. The trade had an impact of -0.13% on the portfolio.
The bank and a financial holding company has a market cap of $297.39 billion.
GuruFocus gives the company a profitability and growth rating of 5 out of 10. The ROE of 6.94% and ROA of 0.89% are underperforming 67% of companies in the Global Banks - Global industry. Its financial strength is rated 4 out of 10 with a cash-debt ratio of 0.79 is below the industry median of 2.12.
Warren Buffett (Trades, Portfolio) is the largest shareholder of the company among the gurus with 6.7% of outstanding shares followed by Dodge & Cox with 1.45%, Barrow, Hanley, Mewhinney & Strauss with 0.56% and First Pacific Advisors (Trades, Portfolio) with 0.23%.
Disclosure: I do not own any shares of any stocks mentioned in this article.
