The money management firm, FPA Capital Fund (Trades, Portfolio) bought shares in the following stocks in the first quarter.
The firm boosted the holding of Graphic Packaging Holding Co. (GPK) by 104.46%, impacting the portfolio by 2.01%.
The company provides paper-based packaging solutions to consumer products companies. It has a market cap of $4.63 billion and an enterprise value of $8.12 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity of 23.22% and return on assets of 5.60% are underperforming 67% of companies in the Global Packaging and Containers industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.02 is below the industry median of 0.57.
The largest shareholder among the guru is Steven Cohen (Trades, Portfolio) with 0.97% of outstanding shares followed by First Pacific Advisors (Trades, Portfolio) with 0.26% and FPA Capital Fund (Trades, Portfolio) with 0.21%.
The holding of Spirit Airlines Inc. (SAVE) was raised by 50.36%, the trade had an impact of 1.49% on the portfolio.
The provider of air transportation for passengers has a market cap of $2.72 billion and an enterprise value of $3.57 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity of 21.47% and return on assets of 8.69% are outperforming 70% of companies in the Global Airlines industry. Its financial strength is rated 5 out of 10 with a cash-debt ratio of 0.54.
The largest shareholder of the company among the gurus is PRIMECAP Management (Trades, Portfolio) with 0.93% of outstanding shares followed by Chuck Royce (Trades, Portfolio) with 0.75%, First Pacific Advisors (Trades, Portfolio) with 0.73% and Robert Olstein (Trades, Portfolio) with 0.44%.
The AGCO Corp. (AGO)’s position was increased by 68.27%, giving it a 1.32% space in the portfolio.
The company manufactures and distributes agricultural equipment and related replacement parts. It has a market cap of $4.78 billion and an enterprise value of $6.61 billion.
GuruFocus gives the company a profitability and growth rating of 5 out of 10. While the return on equity of 7.44% is outperforming the sector, the return on assets of 2.78% is underperforming 53% of companies in the Global Farm and Construction Equipment industry. Its financial strength is rated 4 out of 10. The cash-debt ratio of 0.16 is below the industry median of 0.54.
Tweedy Browne (Trades, Portfolio) is the largest shareholder of the company among the gurus, with 0.81% of outstanding shares followed by Tweedy Browne (Trades, Portfolio) Global Value with 0.74% and Jim Simons (Trades, Portfolio) with 0.42%.
The guru added 19.84% to its holding of Allegiant Travel Co. (ALGT), expanding the portfolio by 1.19%.
The company is a provider of travel services in the United States. It has a market cap of $2.25 billion and an enterprise value of $2.99 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. The return on equity of 39.90% and return on assets of 10.40% are outperforming 77% of companies in the Global Airlines industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.34 is below the industry median of 0.54.
The largest shareholder of the company among the gurus is Simons with 3.39% of outstanding shares followed by Diamond Hill Capital (Trades, Portfolio) with 2.48%.
The stake of Tenneco Inc. (TEN) was increased by 29.66%, impacting the portfolio by 0.79%.
The producer of clean air products and systems has a market cap of $2.22 billion and an enterprise value of $3.47 billion.
GuruFocus gives the company a profitability and growth rating of 6 out of 10. The return on equity of 30.48% and return on assets of 4.21% are outperforming 52% of companies in the Global Auto Parts industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.19 is below the industry median of 0.74.
Mario Gabelli (Trades, Portfolio) is the largest shareholder of the company among the gurus with 1.44% of outstanding shares followed by Columbia Wanger (Trades, Portfolio) with 1.22% and Diamond Hill Capital (Trades, Portfolio) with 0.98%.
The Cision Ltd (CISN)’s position was raised 44.52%. The trade had an impact of 0.64% on the portfolio.
It is a media communication technology company. It has a market cap of $2.1 billion and an enterprise value of $3.27 billion.
GuruFocus gives the company a profitability and growth rating of 4 out of 10. The return on equity of -36.12% and return on assets of -6.12% are outperforming 86% of companies in the Global Software - Application industry. Its financial strength is rated 4 out of 10. The cash-debt ratio of 0.08 is below the industry median of 8.37.
The largest shareholder of the company among the gurus is Ron Baron (Trades, Portfolio) with 5.39% of outstanding shares followed by Alan Fournier (Trades, Portfolio) with 0.92%.
Disclosure: I do not own any shares of any stocks mentioned in this article.
