The Third Point LLC's founder Daniel Loeb (Trades, Portfolio) sold shares of the following stocks during the fourth quarter.
The guru closed his United Technologies Corp. (UTX) holding. The trade had an impact of -8.21% on the portfolio.
The company, which provides high technology products and services to the aerospace industries, has a market cap of $105.56 billion and an enterprise value of $147.3 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity of 16.26% and return on assets of 4.82% are outperforming 64% of companies in the Global Aerospace and Defense industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.14 is below the industry median of 0.53.
The largest guru shareholder of the company is Barrow, Hanley, Mewhinney & Strauss with 1.34% of outstanding shares, followed by Chris Davis (Trades, Portfolio) with 1.02%, Andreas Halvorsen (Trades, Portfolio)’s Viking Global Investors with 0.74% and Bill Ackman (Trades, Portfolio) with 0.62%.
The guru’s Alibaba Group Holding Ltd. (BABA) holding was exited. The trade had an impact of -4.66% on the portfolio.
The online and mobile commerce company, has a market cap of $430.44 billion and an enterprise value of $436.63 billion.
GuruFocus gives the company a profitability and growth rating of 9 out of 10. The return on equity of 17.09% and return on assets of 8.62% are outperforming 83% of companies in the Global Specialty Retail industry. Its financial strength is rated 7 out of 10. The cash-debt ratio of 1.47 is above the industry median of 0.99.
The largest guru shareholder is the Sands Capital Management’s Frank Sands (Trades, Portfolio) with 0.6% of outstanding shares, followed by PRIMECAP Management (Trades, Portfolio) with 0.6% and Ken Fisher (Trades, Portfolio) with 0.44%.
The guru reduced his Baxter International Inc. (BAX) stake by 22.22%. The trade had an impact of -4.31% on the portfolio.
The renal and hospital products supplier has a market cap of $38.05 billion and an enterprise value of $38.66 billion.
GuruFocus gives the company a profitability and growth rating of 6 out of 10. The return on equity of 17.77% and return on assets of 9.56% are outperforming 58% of companies in the Global Medical Instruments and Supplies industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.54 is below the industry median of 0.60.
The company's largest guru shareholder is Daniel Loeb (Trades, Portfolio) with 5.26% of outstanding shares, followed by Vanguard Health Care Fund (Trades, Portfolio) with 1.33%, Bill Nygren (Trades, Portfolio)’s Oakmark Fund with 0.1% and Pioneer Investments (Trades, Portfolio) with 0.24%.
The Microsoft Corp. (MSFT) position was closed, impacting the portfolio by -3.28%.
The technology company has a market cap of $810.72 billion and an enterprise value of $756.23 billion.
GuruFocus gives the company a profitability and growth rating of 9 out of 10. The return on equity of 40.08% and return on assets of 13.13% are outperforming 67% of companies in the Global Software - Infrastructure industry. Its financial strength is rated 7 out of 10. The cash-debt ratio of 1.75 is below the industry median of 4.27.
The company's largest guru shareholder is PRIMECAP Management (Trades, Portfolio) with 0.52% of outstanding shares, followed by Dodge & Cox with 0.47% and Pioneer Investments (Trades, Portfolio) with 0.32%.
The guru sold out his shares of Netflix Inc. (NFLX), impacting the portfolio by -3.27%.
The company, which provides a subscription-based platform for television shows, has a market cap of $151.75 billion and an enterprise value of $158.31 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity of 27.10% and return on assets of 5.45% are outperforming 57% of companies in the Global Media - Diversified industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.37 is below the industry median of 0.82.
The largest guru shareholder of the company is Frank Sands (Trades, Portfolio) with 1.21% of outstanding shares followed by Spiros Segalas (Trades, Portfolio) with 0.8%, Chase Coleman (Trades, Portfolio)’s Tiger Global Management with 0.49% and Coatue Management LLC with 0.39%.
The guru curbed his shares of PayPal Holdings Inc. (PYPL) by 55.52%. The trade impacted the portfolio by -3.09%.
The technology platform company has a market cap of $107.78 billion and an enterprise value of $100.74 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 4.86% are outperforming 66% of companies in the Global Credit Services industry. Its financial strength is rated 7 out of 10. The cash-debt ratio of 4.56 is below the industry median of 8.43.
The company's largest guru shareholder is Steve Mandel (Trades, Portfolio) with 0.51% of outstanding shares, followed by Coatue Management LLC with 0.51% and Pioneer Investments (Trades, Portfolio) with 0.35%.
Disclosure: I do not own any stocks mentioned.
