Jerome L. Dodson, chairman and portfolio manager of Parnassus Investments, sold shares of the following stocks during the fourth quarter.
The guru closed his Intel Corp. (INTC) holding. The trade had an impact of -2.51% on the portfolio.
The semiconductor chip producer has a market cap of $214.69 billion and an enterprise value of $229.82 billion.
GuruFocus gives the company a profitability and growth rating of 9 out of 10. The return on equity of 29.63% and return on assets of 16.60% are outperforming 79% of companies in the Global Semiconductors industry. Its financial strength is rated 7 out of 10. The cash-debt ratio of 0.44 is below the industry median of 1.69.
The company's largest shareholder among the gurus is PRIMECAP Management (Trades, Portfolio) with 0.54% of outstanding shares, followed by Ken Fisher (Trades, Portfolio) with 0.53%, Pioneer Investments (Trades, Portfolio) with 0.16% and Lee Ainslie (Trades, Portfolio)’s Maverick Capital Ltd with 0.15%.
The guru curbed his Thomson Reuters Corp. (TRI) position by 39.69%. The trade had an impact of -2.47% on the portfolio.
The company which operates in the global information services industry, has a market cap of $25.54 billion and an enterprise value of $32.43 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity of 9.11% and return on assets of 4.24% are outperforming 62% of companies in the Global Capital Markets industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.08 is below the industry median of 5.11.
Another notable shareholder of the company is Pioneer Investments (Trades, Portfolio) with 0.07% of outstanding shares, followed by Ray Dalio (Trades, Portfolio)’s Bridgewater Associates with 0.02%.
The Nielsen Holdings PLC (NLSN) stake was cut by 48.27%. The trade had an impact of -2.47% on the portfolio.
The company which supplies performance management services, has a market cap of $9.12 billion and an enterprise value of $17.48 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. While the return on equity of 7.71% is outperforming the sector, the return on assets of 1.92% is underperforming 62% of companies in the Global Business Services industry. Its financial strength is rated 4 out of 10. The cash-debt ratio of 0.05 is below the industry median of 0.97.
Barrow, Hanley, Mewhinney & Strauss is the company's largest shareholder among the gurus with 3.69% of outstanding shares, followed by T Rowe Price Equity Income Fund (Trades, Portfolio) with 2.05% and John Rogers (Trades, Portfolio) with 1.53%.
The guru sold out his eBay Inc. (EBAY) stake. The trade impacted the portfolio by -2.46%.
The provider of online marketplace for sale of goods, has a market cap of $32.47 billion and an enterprise value of $36.81 billion.
GuruFocus gives the company a profitability and growth rating of 5 out of 10. The return on equity of -10.12% and return on assets of -3.34% are underperforming 86% of companies in the Global Specialty Retail industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.53 is below the industry median of 0.99.
The company's largest guru shareholder is Larry Robbins' (Trades, Portfolio) Glenview Capital Management with 1.2% of outstanding shares, followed by PRIMECAP Management (Trades, Portfolio) with 0.99%, Pioneer Investments (Trades, Portfolio) with 0.32% and Smead Capital Management, Inc. (Trades, Portfolio) with 0.18%.
The Redwood Trust Inc. (RWT) holding was exited, impacting the portfolio by -1.82%.
The real estate investment trust, has a market cap of $1.33 billion.
GuruFocus gives the company a profitability and growth rating of 2 out of 10. While the return on equity of 12.08% is outperforming the sector, the return on assets of 2.06% is underperforming 71% 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.
Wallace Weitz (Trades, Portfolio) is the company's largest shareholder among the gurus with 4.27% of outstanding shares, followed by Jim Simons' (Trades, Portfolio) Renaissance Technologies with 0.41%.
The CVS Health Corp. (CVS) position was trimmed 26.80%, impacting the portfolio by -1.46%.
The company which operates in the healthcare sector, has a market cap of $84.64 billion and an enterprise value of $105.23 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. The return on equity of 8.48% and return on assets of 2.65% are outperforming 61% of companies in the Global Health Care Plans industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.66 is below the industry median of 1.15.
The largest guru shareholder of the company is Barrow, Hanley, Mewhinney & Strauss with 1.53% of outstanding shares, followed by Dodge & Cox with 1.17% and Bill Nygren (Trades, Portfolio)’s Oakmark Fund with 0.56%.
The guru cut his holding of Class A shares of Belmond Ltd. (BEL) by 44.38%, impacting the portfolio by -1.46%.
The luxury hotel company has a market cap of $2.54 billion.
GuruFocus gives the company a profitability and growth rating of 4 out of 10. The return on equity of -4.86% and the return on assets of -1.97% are underperforming 85% of companies in the Global Lodging industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.20 is below the industry median of 0.71.
Mason Hawkins' (Trades, Portfolio) Southeastern Asset Management is the company's largest shareholder among the gurus with 5.08% of outstanding shares, followed by Chuck Royce (Trades, Portfolio) with 0.82%, Mario Gabelli (Trades, Portfolio)’s GAMCO Investors with 0.51% and Michael Price (Trades, Portfolio) with 0.1%.
Disclosure: I do not own any stocks mentioned.
