Leon Cooperman's (Trades, Portfolio) Omega Advisors sold shares of the following stocks during the fourth quarter.
The guru sold 55.68% of his United Continental Holdings Inc. (UAL) holding. The trade had an impact of -5.62% on the portfolio.
The company, which is engaged in transporting people and cargo, has a market cap of $24.11 billion and an enterprise value of $34.89 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. While the return on equity of 23.53% is outperforming the sector, the return on assets of 4.82% is underperforming 51% of companies in the Global Airlines industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.27 is below the industry median of 0.54.
The largest guru shareholder of the company is PRIMECAP Management (Trades, Portfolio) with 14.04% of outstanding shares followed by Warren Buffett (Trades, Portfolio)’s Berkshire Hathaway with 8.05%, Diamond Hill Capital (Trades, Portfolio) with 1.33% and Jim Simons' (Trades, Portfolio) Renaissance Technologies with 1.02%.
The guru reduced his class A shares of AMC Networks Inc. (AMCX) by 67.51%. The trade had an impact of -4.81% on the portfolio.
The player in the media industry has a market cap of $3.65 billion and an enterprise value of $6.24 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. The return on equity of 306.14% and return on assets of 10.28% are outperforming 85% of companies in the Global Media - Diversified industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.18 is below the industry median of 0.82.
The company's largest guru shareholder is Mario Gabelli (Trades, Portfolio)’s GAMCO Investors with 1.59% of outstanding shares, followed by Murray Stahl (Trades, Portfolio) with 0.65%, Ray Dalio (Trades, Portfolio)’s Bridgewater Associates with 0.09% and John Hussman (Trades, Portfolio) with 0.09%.
The holding of Sinclair Broadcast Group Inc. (SBGI) was closed, impacting the portfolio by -4.08%.
The television broadcasting company has a market cap of $3.23 billion and an enterprise value of $6.07 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. The return on equity of 38.25% and return on assets of 8.68% are outperforming 79% of companies in the Global Broadcasting - TV industry. Its financial strength is rated 4 out of 10. The cash-debt ratio of 0.26 is below the industry median of 0.82.
The company's largest guru shareholder is Seth Klarman (Trades, Portfolio)’s Baupost Group with 2.95% of outstanding shares followed by the Simons’ firm with 1.54%, Ruane Cunniff (Trades, Portfolio) with 1.3%, Gabelli’s firm with 0.22% and Paul Tudor Jones (Trades, Portfolio) with 0.1%.
The guru trimmed 73.35% off his Microsoft Corp. (MSFT), impacting the portfolio by -3.34%.
The software company has a market cap of $820.08 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 0.5% of outstanding shares, followed by Dodge & Cox with 0.47%, Pioneer Investments (Trades, Portfolio) with 0.32% and Ken Fisher (Trades, Portfolio) with 0.25%.
The guru sold 53.5% off class A shares of First Data Corp. (FDC). The trade had an impact of -2.91% on the portfolio.
The electronic commerce and payment solutions provider has a market cap of $23.65 billion and an enterprise value of $25.88 billion.
GuruFocus gives the company a profitability and growth rating of 5 out of 10. The return on equity of 27.42% and return on assets of 2.24% are outperforming 52% of companies in the Global Business Services industry. Its financial strength is rated 5 out of 10 with no debt.
The largest guru shareholder is Larry Robbins' (Trades, Portfolio) Glenview Capital Management with 2.75 % of outstanding shares, followed by Steven Cohen (Trades, Portfolio)’s Point72 Asset Management with 1.04% and NWQ Managers (Trades, Portfolio) with 0.3%.
The guru trimmed 53.5% of his Class A shares of Alphabet Inc. (GOOGL). The trade impacted the portfolio by -2.49%.
The internet content products and portals provider has a market cap of $776.65 billion and an enterprise value of $671.52 billion.
GuruFocus gives the company a profitability and growth rating of 9 out of 10. The return on equity of 18.68% and return on assets of 14.36% are outperforming 56% of the companies in the Global Internet Content and Information industry. Its financial strength is rated 9 out of 10. The cash-debt ratio of 27.20 is above the industry median of 7.46.
The company's largest guru shareholder is PRIMECAP Management (Trades, Portfolio) with 0.32% of outstanding shares, followed by Fisher with 0.19% and Frank Sands (Trades, Portfolio) with 0.17%.
Disclosure: I do not own any stocks mentioned.
