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Donald Smith Buys CorePoint, Adds to Eldorado Gold

- By Tiziano Frateschi

Donald Smith (Trades, Portfolio), the president and co-chief investment officer of Donald Smith & Co. bought shares of the following stocks during the first quarter.


The guru established a stake in CorePoint Lodging Inc. (CPLG), buying 3 million shares. The trade had an impact of 1.28% on the portfolio.

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The company has a market cap of $791.99 million and an enterprise value of $1.74 billion.


GuruFocus gives the real estate investment trust a profitability and growth rating of 5 out of 10. The return on equity of -44.35% and return on assets of -19.24% are underperforming 96% of companies in the REIT - Hotel and Motel industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.07 is above the industry median of 0.06.

The company's largest guru shareholder is Smith with 5.04% of outstanding shares, followed by Jim Simons (Trades, Portfolio)' Renaissance Technologies with 0.38% and Paul Tudor Jones (Trades, Portfolio) with 0.06%.

The investor boosted his position in Eldorado Gold Corp. (EGO) by 104.73%, impacting the portfolio by 0.37%.

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The gold producer has a market cap and an enterprise value of $553.03 billion.


GuruFocus gives the company a profitability and growth rating of 3 out of 10. The return on equity of -11.42% and return on assets of -8.16% are outperforming 55% of companies in the Gold industry. Its financial strength is rated 4 out of 10. The cash-debt ratio of 0.71 is above the industry median of 0.56.


The company's largest guru shareholder is First Eagle Investment (Trades, Portfolio) with 0.12% of outstanding shares, followed by Simon's firm with 0.12% and Ray Dalio (Trades, Portfolio) with 0.01%.

Smith bought 492,575 shares of Diamond S Shipping Inc. (DSSI). The portfolio was impacted by 0.20%.

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GuruFocus gives the shipping company a profitability and growth rating of 4 out of 10. The return on equity of -14.05% and return on assets of 1.47% are outperforming 100% of companies in the Shipping and Ports industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.03 is below the industry median of 0.3.

The investor increased his Gold Fields Ltd. (GFI) holding by 4.14%, impacting the portfolio by 0.18%.

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The gold miner has a market cap of $3.11 billion and an enterprise value of $4.85 billion.


GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity of -11.76% and return on assets of -5.45% are underperforming 58% of companies in the Gold industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.19 is below the industry median of 17.17.

Another notable shareholder of the company is Simons' firm with 2.44% of outstanding shares, followed by Pioneer Investments (Trades, Portfolio) with 0.20% and Chuck Royce (Trades, Portfolio) with 0.20%.

Smith established a position in Green Plains Inc. (GPRE), buying 243,118 shares. The trade impacted the portfolio by 0.16%.

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The manufacturer of ethanol and ethanol byproducts has a market cap of $669.81 million and an enterprise value of $1.43 billion.

GuruFocus gives the company a profitability and growth rating of 6 out of 10. The return on equity of 1.72% and return on assets of 0.62% are underperforming 71% of companies in the Specialty Chemicals industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.28 is below the industry median of 0.72.

Another notable guru shareholder of the company is Steven Cohen (Trades, Portfolio) with 0.41% of outstanding shares, followed by Simons' firm with 0.05% and Jeremy Grantham (Trades, Portfolio) with 0.04%.

The guru boosted his Verso Corp. (VRS) holding by 136.12%, impacting the portfolio by 0.11%.

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The company, which produces printing paper and pulp, has a market cap of $735.84 million and an enterprise value of $709.84 million.


GuruFocus gives the company a profitability and growth rating of 6 out of 10. The return on equity of 21.45% and return on assets of 9.93% are underperforming 83% of companies in the Paper and Paper Products industry. Its financial strength is rated 7 out of 10 with no debt.


The largest guru shareholder of the company is Howard Marks (Trades, Portfolio) with 2.79% of outstanding shares, followed by Joel Greenblatt (Trades, Portfolio) with 0.66% and Royce with 0.29%.

Smith boosted his Avianca Holdings SA (AVH) position by 11.41%, impacting the portfolio by 0.05%.

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The airline has a market cap of $451.14 million and an enterprise value of $4.10 billion.

GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity of -1.98% and return on assets of -0.35% are underperforming 80% of companies in the Airlines industry. Its financial strength is rated 4 out of 10. The cash-debt ratio of 0.08 is below the industry median of 0.54.

The company's largest guru shareholder is Smith with 2.27% of outstanding shares.

Disclosure: I do not own any stocks mentioned.

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This article first appeared on GuruFocus.