Contrarius Investment Management Ltd Buys Dillard's Inc, Valaris PLC, Macy's Inc, Sells Twitter Inc, Barrick Gold Corp, Facebook Inc

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Nov 07, 2019
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St. Helier, Y9, based Investment company Contrarius Investment Management Ltd (Current Portfolio) buys Dillard's Inc, Valaris PLC, Macy's Inc, Transocean, Abercrombie & Fitch Co, sells Twitter Inc, Barrick Gold Corp, Facebook Inc, Fox Corp, JC Penney Co Inc during the 3-months ended 2019Q3, according to the most recent filings of the investment company, Contrarius Investment Management Ltd. As of 2019Q3, Contrarius Investment Management Ltd owns 42 stocks with a total value of $1.7 billion. These are the details of the buys and sells.

For the details of Contrarius Investment Management Ltd's stock buys and sells, go to https://www.gurufocus.com/guru/contrarius+investment+management+ltd/current-portfolio/portfolio

These are the top 5 holdings of Contrarius Investment Management Ltd
  1. Macy's Inc (M) - 9,812,408 shares, 9.02% of the total portfolio. Shares added by 41.19%
  2. Bed Bath & Beyond Inc (BBBY) - 12,449,651 shares, 7.84% of the total portfolio. Shares added by 6.21%
  3. Transocean Ltd (RIG) - 24,916,027 shares, 6.59% of the total portfolio. Shares added by 48.96%
  4. Dillard's Inc (DDS) - 1,577,386 shares, 6.17% of the total portfolio. Shares added by 265.44%
  5. Abercrombie & Fitch Co (ANF) - 6,107,208 shares, 5.64% of the total portfolio. Shares added by 40.57%
New Purchase: L Brands Inc (LB)

Contrarius Investment Management Ltd initiated holding in L Brands Inc. The purchase prices were between $15.86 and $27.79, with an estimated average price of $21.83. The stock is now traded at around $17.98. The impact to a portfolio due to this purchase was 1.31%. The holding were 1,127,009 shares as of .

New Purchase: The Michaels Companies Inc (MIK)

Contrarius Investment Management Ltd initiated holding in The Michaels Companies Inc. The purchase prices were between $5.03 and $10.07, with an estimated average price of $7.45. The stock is now traded at around $9.29. The impact to a portfolio due to this purchase was 0.98%. The holding were 1,696,704 shares as of .

New Purchase: WW International Inc (WW6)

Contrarius Investment Management Ltd initiated holding in WW International Inc. The purchase prices were between $16.7 and $34.48, with an estimated average price of $25.12. The stock is now traded at around $28.06. The impact to a portfolio due to this purchase was 0.63%. The holding were 280,307 shares as of .

New Purchase: Signet Jewelers Ltd (SIG)

Contrarius Investment Management Ltd initiated holding in Signet Jewelers Ltd. The purchase prices were between $11.01 and $18.75, with an estimated average price of $15.67. The stock is now traded at around $17.26. The impact to a portfolio due to this purchase was 0.62%. The holding were 626,171 shares as of .

New Purchase: Movado Group Inc (MOV)

Contrarius Investment Management Ltd initiated holding in Movado Group Inc. The purchase prices were between $20.41 and $27.18, with an estimated average price of $24.78. The stock is now traded at around $27.29. The impact to a portfolio due to this purchase was 0.43%. The holding were 291,021 shares as of .

New Purchase: Capri Holdings Ltd (CPRI)

Contrarius Investment Management Ltd initiated holding in Capri Holdings Ltd. The purchase prices were between $25.57 and $37.06, with an estimated average price of $32. The stock is now traded at around $35.26. The impact to a portfolio due to this purchase was 0.06%. The holding were 32,317 shares as of .

Added: Dillard's Inc (DDS)

Contrarius Investment Management Ltd added to a holding in Dillard's Inc by 265.44%. The purchase prices were between $54.95 and $79.35, with an estimated average price of $63.84. The stock is now traded at around $72.42. The impact to a portfolio due to this purchase was 4.48%. The holding were 1,577,386 shares as of .

Added: Valaris PLC (VAL)

Contrarius Investment Management Ltd added to a holding in Valaris PLC by 92.14%. The purchase prices were between $3.74 and $9.6, with an estimated average price of $6.34. The stock is now traded at around $4.81. The impact to a portfolio due to this purchase was 2.63%. The holding were 19,265,989 shares as of .

Added: Macy's Inc (M)

Contrarius Investment Management Ltd added to a holding in Macy's Inc by 41.19%. The purchase prices were between $14.3 and $23.25, with an estimated average price of $18.5. The stock is now traded at around $16.47. The impact to a portfolio due to this purchase was 2.63%. The holding were 9,812,408 shares as of .

Added: Transocean Ltd (RIG)

Contrarius Investment Management Ltd added to a holding in Transocean Ltd by 48.96%. The purchase prices were between $3.86 and $6.51, with an estimated average price of $5.3. The stock is now traded at around $5.47. The impact to a portfolio due to this purchase was 2.17%. The holding were 24,916,027 shares as of .

Added: Abercrombie & Fitch Co (ANF)

Contrarius Investment Management Ltd added to a holding in Abercrombie & Fitch Co by 40.57%. The purchase prices were between $13.84 and $18.93, with an estimated average price of $16.66. The stock is now traded at around $18.20. The impact to a portfolio due to this purchase was 1.63%. The holding were 6,107,208 shares as of .

Added: Chico's FAS Inc (CHS)

Contrarius Investment Management Ltd added to a holding in Chico's FAS Inc by 124.16%. The purchase prices were between $2.52 and $4.21, with an estimated average price of $3.37. The stock is now traded at around $3.85. The impact to a portfolio due to this purchase was 1.2%. The holding were 9,067,058 shares as of .

Sold Out: Fox Corp (FOXA)

Contrarius Investment Management Ltd sold out a holding in Fox Corp. The sale prices were between $31.44 and $37.82, with an estimated average price of $34.61.

Sold Out: JC Penney Co Inc (JCP)

Contrarius Investment Management Ltd sold out a holding in JC Penney Co Inc. The sale prices were between $0.55 and $1.25, with an estimated average price of $0.84.

Sold Out: Petroleo Brasileiro SA Petrobras (PBR)

Contrarius Investment Management Ltd sold out a holding in Petroleo Brasileiro SA Petrobras. The sale prices were between $12.79 and $16.83, with an estimated average price of $14.68.

Sold Out: News Corp (NWSA)

Contrarius Investment Management Ltd sold out a holding in News Corp. The sale prices were between $12.76 and $14.55, with an estimated average price of $13.66.

Sold Out: Synaptics Inc (SYNA)

Contrarius Investment Management Ltd sold out a holding in Synaptics Inc. The sale prices were between $29.28 and $40.1, with an estimated average price of $33.67.

Sold Out: WW International Inc (WW)

Contrarius Investment Management Ltd sold out a holding in WW International Inc. The sale prices were between $19.28 and $37.82, with an estimated average price of $28.15.

Reduced: Twitter Inc (TWTR)

Contrarius Investment Management Ltd reduced to a holding in Twitter Inc by 39.15%. The sale prices were between $36.02 and $45.42, with an estimated average price of $40.81. The stock is now traded at around $29.35. The impact to a portfolio due to this sale was -2.71%. Contrarius Investment Management Ltd still held 2,158,845 shares as of .

Reduced: Barrick Gold Corp (GOLD)

Contrarius Investment Management Ltd reduced to a holding in Barrick Gold Corp by 44%. The sale prices were between $14.99 and $19.94, with an estimated average price of $17.64. The stock is now traded at around $16.37. The impact to a portfolio due to this sale was -2.65%. Contrarius Investment Management Ltd still held 3,826,161 shares as of .

Reduced: Facebook Inc (FB)

Contrarius Investment Management Ltd reduced to a holding in Facebook Inc by 26.46%. The sale prices were between $177.1 and $204.87, with an estimated average price of $190.12. The stock is now traded at around $192.26. The impact to a portfolio due to this sale was -1.48%. Contrarius Investment Management Ltd still held 380,656 shares as of .

Reduced: JD.com Inc (JD)

Contrarius Investment Management Ltd reduced to a holding in JD.com Inc by 38.36%. The sale prices were between $26.17 and $32.2, with an estimated average price of $30.23. The stock is now traded at around $33.30. The impact to a portfolio due to this sale was -0.53%. Contrarius Investment Management Ltd still held 499,097 shares as of .

Reduced: Western Digital Corp (WDC)

Contrarius Investment Management Ltd reduced to a holding in Western Digital Corp by 47.28%. The sale prices were between $47.94 and $64.7, with an estimated average price of $56.35. The stock is now traded at around $54.00. The impact to a portfolio due to this sale was -0.49%. Contrarius Investment Management Ltd still held 205,009 shares as of .

Reduced: Despegar.com Corp (DESP)

Contrarius Investment Management Ltd reduced to a holding in Despegar.com Corp by 25.71%. The sale prices were between $9.74 and $14.71, with an estimated average price of $12.11. The stock is now traded at around $11.70. The impact to a portfolio due to this sale was -0.09%. Contrarius Investment Management Ltd still held 349,327 shares as of .



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