Pzena Investment Management leader Richard Pzena (Trades, Portfolio) bought shares of the following stocks during the second quarter.
The guru boosted his Halliburton Co. (HAL, Financial) stake by 89.83%. The trade had an impact of 1.34% on the portfolio.
The oilfield services company has a market cap of $16.90 billion and an enterprise value of $27.02 billion.
GuruFocus gives the company a profitability and growth rating of 6 out of 10. The return on equity of 14.27% and return on assets of 5.05% are outperforming 61% of companies in the Oil & Gas - Services industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.10 is below the industry median of 0.34.
The company's largest guru shareholder is Dodge & Cox with 3.28% of outstanding shares, followed by Pzena with 2.69% and Sarah Ketterer (Trades, Portfolio) with 1.08%.
Pzena added 46.87% to his Lear Corp. (LEA, Financial) position. The trade had an impact of 0.90% on the portfolio.
The company, which manufactures automotive seating and electrical systems, has a market cap of $7.25 billion and an enterprise value of $8.48 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity of -20.83% and return on assets of 7.17% are outperforming 70% of companies in the Autos industry. Its financial strength is rated 7 out of 10. The cash-debt ratio of 0.55 is above the industry median of 0.49.
Another notable guru shareholder of the company is Jim Simons (Trades, Portfolio)’ Renaissance Technologies with 0.22% of outstanding shares, followed by Joel Greenblatt (Trades, Portfolio) with 0.20%.
The investor increased his holding of National Oilwell Varco Inc. (NOV, Financial) by 45.86%. The portfolio was impacted by 0.89%.
The provider of oil and gas drilling rig equipment and products has a market cap of $8.22 billion and an enterprise value of $10.47 billion.
GuruFocus gives the company a profitability and growth rating of 5 out of 10. The return on equity of -42.37% and return on assets of -29.07% are underperforming 100% of companies in the Oil and Gas - Services industry. Its financial strength is rated 6 out of 10 with a cash-debt ratio of 0.34.
Another notable guru shareholder of the company is First Eagle Investment (Trades, Portfolio) with 6.06% of outstanding shares, followed by Dodge & Cox with 4.36%, Hotchkis & Wiley with 2.60% and Bill Nygren (Trades, Portfolio) with 1.55%.
The guru boosted his Westinghouse Air Brake Technologies Corp. (WAB, Financial) stake by 45.86%. The portfolio was impacted by 0.89%.
The company, which provides products and services for the rail industry, has a market cap of $13.76 billion and an enterprise value of $17.86 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity of 3.94% and return on assets of 1.79% are underperforming 80% of companies in the Transportation and Logistics industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.10 is below the industry median of 0.27.
The company's largest guru shareholder is Barrow, Hanley, Mewhinney & Strauss with 2.09% of outstanding shares, followed by Chris Davis (Trades, Portfolio) with 0.09%, Pioneer Investments (Trades, Portfolio) with 0.08% and Greenblatt with 0.06%.
Pzena beefed up his Wells Fargo & Co. (WFC, Financial) position by 247.35%. This trade impacted the portfolio by 0.86%.
The bank has a market cap of $206.78 billion and an enterprise value of $62.87 billion.
GuruFocus gives the company a profitability and growth rating of 3 out of 10. The return on equity of 11.29% and return on assets of 1.28% are outperforming 64% of companies in the Banks industry. Its financial strength is rated 4 out of 10. The cash-debt ratio of 0.46 is below the industry median of 1.14.
The largest guru shareholder of the company is Warren Buffett (Trades, Portfolio) with 9.12% of outstanding shares, followed by Dodge & Cox with 1.82% and PRIMECAP Management (Trades, Portfolio) with 1.02%.
The guru added 54.25% to his PVH Corp. (PVH, Financial) holding. The portfolio was impacted by 0.53%.
The apparel company, which owns the Tommy Hilfiger, Calvin Klein and Izod brands, has a market cap of $5.83 billion and an enterprise value of $10.26 billion.
GuruFocus gives the company a profitability and growth rating of 6 out of 10. While the return on equity of 11.43% is outperforming the sector, the return on assets of 5.37% is underperforming 52% of companies in the Manufacturing, Apparel and Furniture industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.10 is below the industry median of 0.72.
The largest guru shareholder of the company is Pzena with 3.96% of outstanding shares, followed by Simons' firm with 1.73%, Pioneer Investments with 0.82% and Ray Dalio (Trades, Portfolio)’s Bridgewater Associates with 0.37%.
Disclosure: I do not own any stocks mentioned.
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