Jerome Dodson (Trades, Portfolio)'s Parnassus Investments sold shares of the following stocks during the third quarter.
Dodson exited his C.H. Robinson Worldwide Inc. (CHRW, Financial) position. The trade had an impact of -2.40% on the portfolio.
The provider of domestic freight brokerage services has a market cap of $13 billion and an enterprise value of $14 billion.
GuruFocus gives the company a profitability and growth rating of 6 out of 10. The return on equity of 40.25% and return on assets of 13.56% are outperforming 96% of companies in the Global Integrated Shipping and Logistics industry. Its financial strength is rated 7 out of 10. The cash-debt ratio of 0.22 is below the industry median of 0.30.
The company's largest shareholder among the gurus is First Eagle Investment (Trades, Portfolio) with 4.65% of outstanding shares, followed by Mairs and Power (Trades, Portfolio) with 1.32%, Pioneer Investments (Trades, Portfolio) with 0.24% and Joel Greenblatt (Trades, Portfolio) with 0.23%.
The investor reduced his holding of Gilead Sciences Inc. (GILD, Financial) by 46.78%, impacting the portfolio by -2.19%.
The biotechnology company has a market cap of $97.39 billion and an enterprise value of $100 billion.
GuruFocus gives the company a profitability and growth rating of 9 out of 10. The return on equity of 10.02% and return on assets of 3.39% are outperforming 83% of companies in the Global Biotechnology industry. Its financial strength is rated of 6 out of 10. The cash-debt ratio of 0.89 is below the industry median of 64.02.
The largest guru shareholder of the company is Jim Simons (Trades, Portfolio)' Renaissance Technologies with 0.43% of outstanding shares, followed by Dodson with 0.07% and Chris Davis (Trades, Portfolio) with 0.04%.
The guru curbed his Motorola Solutions Inc. (MSI, Financial) holding by -1.82%. The trade had an impact of -3.05% on the portfolio.
The communications equipment manufacturer has a market cap of $19.51 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on assets of -0.77% is underperforming 77% of companies in the Global Communication Equipment industry. Its financial strength is rated 4 out of 10. The cash-debt ratio of 0.16 is below the industry median of 2.
Simons is the largest guru shareholder of the company with 0.56% of outstanding shares, followed by Dodson with 0.18% and Greenblatt with 0.11%.
Dodson trimmed 38.75% off his Cognizant Technology Solutions Corp. (CTSH, Financial) position. This trade impacted the portfolio by -1.57%.
The company, which provides IT services, has a market cap of $40.78 billion and an enterprise value of $37.29 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. The return on equity of 13.51% and return on assets of 9.87% are outperforming 70% of companies in the Global Information Technology Services industry. Its financial strength is rated 8 out of 10. The cash-debt ratio of 5.67 is below the industry median of 4.27.
The largest guru shareholder of the company is Richard Pzena (Trades, Portfolio) with 1.09% of outstanding shares, followed by the Jeremy Grantham (Trades, Portfolio) with 0.58%.
The guru sold out of Hannon Armstrong Sustainable Infrastructure Capital Inc. (HASI, Financial), impacting the portfolio by -0.92%.
The specialty finance company, which provides debt and equity financing to the energy efficiency and renewable energy markets, has a market cap of $1.07 billion and an enterprise value of $2.48 billion.
GuruFocus gives the company a profitability and growth rating of 6 out of 10. The return on equity of 4.25% and return on assets of 1.21% are underperforming 83% of companies in the Global REIT – Diversified industry. Its financial strength is rated 3 out of 10. The cash-debt ratio of 0.03 is below the industry median of 0.06.
Pioneer Investments is the company's largest guru shareholder with 1.17% of outstanding shares, followed by Simons’ Renaissance Technologies with 0.12%.
The investor reduced his Public Storage (PSA, Financial) holding by 15.89%. This trade impacted the portfolio by -0.52%.
The real estate investment trust, which acquires self-storage facilities, has a market cap of $34.3 billion and an enterprise value of $39.43 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity of 13.95% and return on assets of 14.02% are outperforming 81% of companies in the Global REIT - Industrial industry. Its financial strength is rated 7 out of 10. The cash-debt ratio of 0.24 is above the industry median of 0.06.
The largest guru shareholder of the company is Simons with 0.43% of outstanding shares, followed by Dodson with 0.07% and Davis with 0.04%.
Disclosure: I do not own any stocks mentioned in this article.
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