Hotchkis & Wiley was founded in 1980 by John Hotchkis and George Wiley. The firm bought shares in the following stocks in the first quarter.
The guru acquired a new position in General Electric Co. (GE) buying 22,049,700 shares and impacting the portfolio by 1.18%.
The company operates in various segments including power and water, oil and gas, energy management and more. It has a market cap of $123.07 billion and an enterprise value of $197.36 billion.
GuruFocus gives the company a profitability and growth rating of 6 out of 10. The return on equity (ROE) of -11.63% and return on assets (ROA) of -2.08% are underperforming 88% of companies in the Global Diversified Industrials industry. Financial strength is rated 4 out of 10. The cash-debt ratio of 0.55 is below the industry median of 1.04.
The largest shareholder among the gurus is Barrow, Hanley, Mewhinney & Strauss with 0.86% of outstanding shares followed by Mason Hawkins (Trades, Portfolio) with 0.37% and Ken Fisher (Trades, Portfolio) with 0.26%.
The guru established a new position in Unilever Plc ADR (UL), the trade had an impact of 1.1% on the portfolio.
The company is a supplier of fast moving consumer goods. It has a market cap of $67.56 billion and an enterprise value of $93.95 billion.
GuruFocus gives the company a profitability and growth rating of 5 out of 10. Its ROE of 39.89% and ROA of 10.53% are outperforming 82% of companies in the Global Household and Personal Products industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.10 is below the industry median of 0.66.
The largest guru shareholder is Bill Nygren (Trades, Portfolio) with 0.56% of outstanding shares followed by Manning & Napier Advisors, Inc with 0.51% and Tom Gayner (Trades, Portfolio) with 0.12%.
The guru boosted his holding of PPL Corp. (PPL) by 284.45%, giving it a 0.64% space on the portfolio.
The company generates and markets electricity in the northeastern and western U.S. and in the delivery of electricity in Pennsylvania and the U.K. It has a market cap of $20.84 billion and an enterprise value of $42.13 billion.
GuruFocus gives the company a profitability and growth rating of 5 out of 10. While its ROE of 11.04% is outperforming the sector, its ROA of 2.89% is underperforming 53% of companies in the Global Utilities - Regulated Electric industry. Financial strength is rated 4 out of 10. The cash-debt ratio of 0.03 is below the industry median of 0.25.
Ray Dalio (Trades, Portfolio) is another notable shareholder of the company among the gurus, with 0.09% of outstanding shares followed by Pioneer Investments (Trades, Portfolio) with 0.06% and Jim Simons (Trades, Portfolio) with 0.02%.
The firm raised its holding of Wells Fargo & Co. (WFC) by 19.98%, expanding the portfolio by 0.53%.
The company operates as one of the largest banks in the United States. It has a market cap of $264.26 billion and an enterprise value of $332.64 billion.
GuruFocus gives the company a profitability and growth rating of 4 out of 10. Its ROE of 9.87% and ROA of 1.13% are outperforming 63% of companies in the Global Banks - Global industry. Its financial strength is rated 4 out of 10. The cash-debt ratio of 0.83 is below the industry median of 2.12.
The largest shareholder of the company among the gurus is Warren Buffett (Trades, Portfolio) with 9.37% of outstanding shares followed by Dodge & Cox with 1.59%, Barrow, Hanley, Mewhinney & Strauss with 0.64% and Chris Davis (Trades, Portfolio) with 0.55%.
The holding of Southern Co. (SO) was boosted 330.49%, impacting the portfolio by 0.49%.
The company develops, constructs, acquires, owns and manages generation assets. It has a market cap of $45.26 billion and an enterprise value of $41.05 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. Its ROE of 4.51% and ROA of 1.04% are outperforming 76% of companies in the Global Utilities - Regulated Electric industry. Its financial strength is rated 4 out of 10. The cash-debt ratio of 0.04 is below the industry median of 0.25.
T Rowe Price Equity Income Fund (Trades, Portfolio) is the largest shareholder of the company among the gurus with 0.8% of outstanding shares followed by Simons with 0.11% and John Rogers (Trades, Portfolio) with 0.08%.
The Apache Corp. (APA) position was raised 24.68%. The trade had an impact of 0.48%.
The company operates in the oil and gas sector. It has a market cap of $15.56 billion and an enterprise value of $24.18 billion.
GuruFocus gives the company a profitability and growth rating of 4 out of 10. Its ROE of 17.55% and ROA of 5.58% are outperforming 80% of companies in the Global Oil and Gas E&P industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.13 is below the industry median of 0.51.
The largest shareholder of the company among the gurus is Dodge & Cox with 10.15% of outstanding shares followed by Davis with 6.25%, Nygren with 2.23% and T Rowe Price Equity Income Fund (Trades, Portfolio) with 1.09%.
Disclosure: I do not own any shares of any stocks mentioned in this article.
