GAMCO Investors Inc $ 13.92 0.21 (1.53%)
GBL News and Headlines - GAMCO Investors Inc
According to the All-in-One Screener, a Premium feature of GuruFocus, three margin growth stocks in the Canada region that are undervalued as of Monday based on the GF Value line are Rogers Communications Inc. (TSX:RCI.B), Andrew Peller Ltd. (TSX:ADW.A) and CGI Inc. (TSX:GIB.A).
Margin Growth Screen recap
The "Margin Growth Screen" applies key criteria from Berkshire Hathaway Inc. (BRK.A)(BRK.B) co-managers Warren Buffett (Trades, Portfolio) and Charlie Munger (Trades, Portfolio)'s investing strategy, including predictable revenue and earnings growth and positive operating margin growth. The following video illustrates the application of our Margin Growth
The Third Avenue Value Fund (Trades, Portfolio), which was launched in 1990 under the late Marty Whitman, disclosed this week that its top four trades for the third quarter included a position boost in Comerica Inc. (CMA) and sells in three companies: Lennar Corp. (LEN.B), Interfor Corp. (TSX:IFP) and Warrior Met Coal Inc. (HCC).
The fund seeks long-term capital appreciation through a global, all-cap approach that emphasizes a company's financial strength and the ability to compound value. Fund manager Matthew Fine said in his June-quarter letter that management analyzes businesses as if the fund intends to own
Choosing stocks whose earnings yield is more than double the monthly spot rate of the 20-year high-quality market corporate bonds enhances the likelihood to unearth high-return investments, in my opinion. This category of investment-grade bonds represents corporate loans issued by triple-A, double-A and single-A rated companies.
Since the monthly spot rate of the bonds stands at 2.83% as of July 2020, the following three stocks may hold value, as they offer earnings yields of more than 5.7% at price-earnings ratios of less than 17.7.
General Electric Co
Shares of General Electric Co (GE) were trading at $6.15 per unit
The Matthews Japan Fund (Trades, Portfolio) disclosed this week that its top five trades for the second quarter featured a new position in Hoya Corp. (TSE:7741), two position reductions and two sold out transactions.
Overseen by Taizo Ishida and Shuntaro Takeuchi, the fund seeks long-term capital appreciation by investing over 80% of its assets in the common and preferred shares of companies located in Japan. The fund looks for companies that are capable of sustainable growth based on a wide range of fundamental characteristics, including balance sheet information, size and stability of cash flows and financial health.
According to GuruFocus Insider Data, these are the largest CEO buys during the past week.
BrightSphere Investment Group
BrightSphere Investment Group Inc. (BSIG) President and CEO Guang Yang bought 50,001 shares on Dec. 30 at a price of $10.14. The price of the stock has decreased by 5.82% since then.
BrightSphere Investment Group PLC, formerly OM Asset Management PLC, is a diversified, multi-boutique asset management company. The company's diverse affiliates offer leading alpha-generating investment products to investors around the world.
The company has a market cap of $822 million. Its shares traded at $9.55 with a price-earnings ratio of 5.13
Mario Gabelli (Trades, Portfolio), founder and CEO of GAMCO Investors Inc. (GBL), disclosed last week his top five buys for the third quarter were Carbon Black Inc. (CBLK), Pivotal Software Inc. (PVTL), Genesee & Wyoming Inc. (GWR), Sotheby's (BID) and Acadia Communications Inc. (ACIA).
Gabelli, one of our Value Conference speakers for this year, graduated summa con laude from Fordham University’s College of Business Administration and did an MBA at Columbia University Graduate School of Business. The GAMCO CEO seeks companies that are trading below intrinsic value and have a growth catalyst.
On Friday, the day U.S. President Trump increased tariffs on over $200 billion of Chinese goods from 10% to 25%, Berkshire Hathaway Inc. (BRK.A)(BRK.B) CEO Warren Buffett (Trades, Portfolio)’s favorite market indicator stood at 141.7%, down approximately 2.7% from its May 1 level of 144.4%.
Dow tumbles further on tariff hike
During the first hour of trading, the Dow Jones Industrial Average traded over 300 points lower than Thursday’s close of 25,828.36 on Trump’s tariff hike, sending the Dow down close to 700 points from last Friday’s close of 26,504.95.
How well does management allocate the capital available to it? That question plays an important role in determining the robustness of a moat protecting company profits.
In the book, “Why Moats Matter: The Morningstar Approach to Stock Investing,” contributor Todd Wenning noted how much more competitive the economic world had become. He wrote, “In this increasingly Darwinian corporate landscape, then, it’s absolutely critical to understand how effectively a company’s management team allocates shareholder capital toward moat-widening projects and investments while balancing returns of shareholder cash through buybacks and dividends.”
Wenning, who is in charge of Morningstar’s equity stewardship methodology, along
GAMCO Investors Inc. (GBL) Chairman and CEO Mario Gabelli (Trades, Portfolio) said in a CNBC interview on Wednesday that the global economy is expected to stay strong in 2020, countering views made by Bridgewater Associates founder Ray Dalio (Trades, Portfolio).
Gabelli, who will speak at GuruFocus'Â value conference in May, listed several encouraging reasons for growth in three key markets: the U.S., China and Europe.
Guru challenges view of ‘economic recession’ in 2020
While he pointed out even the International Monetary Fund is predicting “3.6% real growth with slowdown in 2020,” Gabelli underscored
This is the last chance to purchase next year’s value conference tickets at the deep discount price of $675. The price will increase to $775 on Nov. 1.
Key speakers at the 2019 value conference include GAMCO Investors Inc. (GBL) CEO Mario Gabelli (Trades, Portfolio) and “Spain's Warren Buffett (Trades, Portfolio)” Francisco Garcàa Paramés (Trades, Portfolio). Gabelli's top three holdings are Ryman Hospitality Properties Inc. (RHP), The Madison Square Garden Co. (MSG) and
Auxier Asset Management reported 150 stocks, of which three are new: Sally Beauty Holdings Inc. (SBH), Compass Minerals International Inc. (CMP) and GAMCO Investors Inc. (GBL).
The guru eliminated his positions in agrochemical company Monsanto (MON), Andersons Inc. ( ANDE), an agricultural company, and Aon PLC (AON), a provider of insurance and reinsurance brokerage and human resources consulting.
Mario Gabelli (Trades, Portfolio), founder of GAMCO Investors Inc. (GBL), eliminated his positions in four companies during first-quarter 2017: Harman International Industries Inc. (HAR), Federal-Mogul Holdings Corp. (FDML), Media General Inc. (MEG) and Clarcor Inc. (CLC).
Harman International Industries
Gabelli sold his 851,325-share holding in Harman International at an average price of $111.09, trimming 0.60% of his portfolio. The guru gained 25% on the stock based on GuruFocus estimates.
The leader of hedge fund GAMCO Investors (GBL) asked his 13,700 followers for their suggestions as loan balances in the U.S. exceeded $1.26 trillion, more than four times the amount owed 12 years ago. According to the New York Fed, approximately 42 million people in the U.S. have student debt, and the delinquency rate on payments is 11.6%. The class of 2015 had it worst; the average student graduated with
Mario Cibelli (Trades, Portfolio) of Marathon Capital Management sold his stake in GAMCO Investors Inc. (GBL), a Rye, New York-based provider of investment advisory services where Cibelli once provided back-office support to the trading desk, in the fourth quarter.
Cibelli's fourth-quarter activity primarily consisted of additions to existing stakes, and his most significant such transaction was the 77% increase in his stake in GrubHub Inc. (GRUB), a Chicago-based online food-ordering company. Cibelli purchased 285,000 shares for an average price of $26.14 per share. The deal had a 2.89% impact on Cibelli’s portfolio.
Cibelli’s stake in GrubHub is
Gabelli made the case for investing in Madison Square Garden Co. (MSG), Griffon Corporation (GFF) and a broadcast company that could become the ESPN of Europe.
Legendary value investor and founder of GAMCO Inc. (GBL) Mario Gabelli (Trades, Portfolio) sat down with CNBC on Wednesday to discuss the global market sell-off. Gabelli discussed why downturns are good and how it can create opportunities for investors. He sees bright spots in the market and is clearly bullish. Gabelli said this is a cherry-picking market, and you will never be able to time the bottom of a market sell-off.
Interview with CNBC:
Mario Cibelli (Trades, Portfolio) of Marathon Capital Management tends to invest on a long-term basis – in stocks he believes will double in a handful of years. His third-quarter purchases may well be in his portfolio three or four years from now.
Cibelli’s most noteworthy third-quarter transaction was his reduction of his stake in Xoom Corp. (XOOM), a San Francisco-based digital money transfer or remittance provider, by more than 51%. Cibelli sold 820,000 shares for an average price of $24.85 per share. The deal had a -7% impact on his portfolio.
Over 30 years ago, legendary value investor Mario Gabelli (Trades, Portfolio) founded asset management company GAMCO Investors (GBL). The company has $49 billion in assets under management and provides various services to its clients, which includes mutual funds, close-end funds and private partnerships. GAMCO has made Gabelli and is consistently one of the highest paid executives on Wall Street. Unlike other executives on Wall Street, however, Gabelli's various funds have returned 15%-plus over the last 30 years.
The asset management business is all about managing capital given to the company for fees or a share
[url=http://www.gurufocus.com/StockBuy.php?GuruName=Mario+Gabelli]Mario Gabelli[/url] ([url=http://www.gurufocus.com/StockBuy.php?GuruName=Mario+Gabelli]Trades[/url], [url=http://www.gurufocus.com/holdings.php?GuruName=Mario+Gabelli]Portfolio[/url]), the founder of the $49.4 billion asset management firm GAMCO Investors (GBL), has increased his stake in BioScrip Inc. (BIOS), according to GuruFocus Real Time Picks. Gabelli holds 3,636,600 shares, or 5.3% of the company, after the 40.2% position increase.
He has owned the stock since the third quarter of 2012, and has been buying more shares each of the past several quarters.
BioScrip’s share price declined 20.5% year to date, closing at $5.88 per share on Oct. 27, near a one-year low. The company is a provider of infusion
|2020-03-06 $ 14.09 (-1.54%)|
|2019-12-17 $ 18.4 (0.11%)|
|2018-03-07 $ 26.56 (-0.86%)|
Jeff Auxier Prefers Undervalued Stocks - GuruFocus.com
|2016-02-29 $ 34.74 (1.08%)|
Mario Cibelli Sells Stake in GAMCO in 4th Quarter - GuruFocus.com
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|2014-10-23 $ 41.48 (2.95%)|
Mario Gabelli's Recent Portfolio Changes - GuruFocus.com
|2013-03-07 $ 29.88 (2.29%)|
Best Dividend-Paying Shares on March 8, 2013 - GuruFocus.com
|2013-03-06 $ 29.21 (0.48%)|
Mario Gabelli Buys PSSI - In Medical Takeover Trend - GuruFocus.com
|2012-06-05 $ 21.44 (-0.28%)|
|2012-03-08 $ 23.96 (1.01%)|
The Best Dividends on March 9, 2012 - GuruFocus.com
|2010-12-15 $ 26.06 (-0.72%)|
|2010-12-14 $ 26.25 (2.66%)|
|2009-11-27 $ 24.3 (-9.43%)|
|2009-11-25 $ 27.16 (-1.88%)|
|2009-06-10 $ 28.57 (%)|
Bill Gates Keeps on Selling GAMCO Investors Inc. Shares - GuruFocus.com
|2009-06-04 $ 28.54 (-0.7%)|