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First Pacific Advisors' Top 5 Buys of the 4th Quarter

GuruFocus.com

- By Holly LaFon

On Friday, First Pacific Advisors (Trades, Portfolio) announced 41 new stock buys for the fourth quarter.


A value investing firm, First Pacific Advisors (Trades, Portfolio) is home to noted investors like Steven Romick (Trades, Portfolio) and counts Bob Rodriguez as a partner emeritus. It boasts $31 billion in asset under management as of Dec. 31 and seeks solid returns over the long term.

With 134 stocks in its portfolios, First Pacific Advisors (Trades, Portfolio) has a near tie for sector weightings: technology represents 33.5% of holdings and financial services 33.1%. Industrials follows at 13.4% of holdings.

The biggest buys of the First Pacific Advisors (Trades, Portfolio) were: Expedia Inc. (EXPE), Orion Engineered Carbons SA (OEC), Tenneco Inc. (TEN), Matson Inc. (MATX), Capitol Federal Financial Inc. (CFFN), Graphic Packaging Holding Col. (GPK), Gentex Corp. (GNTX), Facebook (FB) and Comcast Corp. (CMCSA).

Expedia Inc. (EXPE)

First Pacific purchased 2,661,820 shares of Expedia Inc., which had an average share price of $130. The holding represented 2.39% of the stock portfolios.

Expedia Inc. has a market cap of $15.6 billion; its shares were traded around $102.82 with a P/E ratio of 43.40 and P/S ratio of 1.61. The trailing 12-month dividend yield of Expedia Inc. stocks is 1.12%. The forward dividend yield of Expedia Inc. stocks is 1.15%. Expedia Inc had an annual average earnings growth of 18.0% over the past five years.

Orion Engineered Carbons SA (OEC)

First Pacific purchased 1,527,513 shares of Orion Engineered Carbons, which had an average share price of $24. The holding represented 0.29% of the portfolio.

Orion Engineered Carbons SA has a market cap of $1.67 billion; its shares were traded around $28.10 with a P/E ratio of 24.01 and P/S ratio of 1.32. The trailing 12-month dividend yield of Orion Engineered Carbons SA stocks is 2.76%. The forward dividend yield of Orion Engineered Carbons SA stocks is 2.88%.

Tenneco Inc. (TEN)

First Pacific purchased 250,893 shares of Tenneco Inc., which had an average share price of $59. The holding represented 0.11% of the portfolio.

Tenneco Inc. has a market cap of $2.94 billion; its shares were traded around $56.99 with a P/E ratio of 17.06 and P/S ratio of 0.34. The trailing 12-month dividend yield of Tenneco Inc. stocks is 1.74%. The forward dividend yield of Tenneco Inc. stocks is 1.81%. Tenneco Inc. had an annual average earnings growth of 5.10% over the past 10 years.

Matson Inc. (MATX)

First Pacific purchased 476,266 shares of Matson Inc., which had an average purchase price of $28. The hold represented 0.11% of the stock portfolios.


Matson Inc. has a market cap of $1.47 billion; its shares were traded around $34.61 with a P/E ratio of 17.84 and P/S ratio of 0.73. The trailing 12-month dividend yield of Matson Inc stocks is 2.27%. The forward dividend yield of Matson Inc. stocks is 2.32%. Matson Inc had an annual average earnings growth of 12.10% over the past five years.

Capitol Federal Financial Inc. (CFFN)

First Pacific purchased 962,683 shares of Capitol Federal Financial, which had an average share price of $14. The holding represented 0.1% of the portfolios.

Capitol Federal Financial Inc. has a market cap of $1.77 billion; its shares were traded around $12.82 with a P/E ratio of 17.82 and P/S ratio of 7.83. The trailing 12-month dividend yield of Capitol Federal Financial Inc. stocks is 2.65%. The forward dividend yield of Capitol Federal Financial Inc. stocks is 2.66%. Capitol Federal Financial Inc. had an annual average earnings growth of 9.5% over the past 10 years. GuruFocus rated Capitol Federal Financial Inc. the business predictability rank of 3.5-star.

Graphic Packaging Holding Co. (GPK)

First Pacific purchased 463,595 shares of Graphic Packaging Holding Co., which had an average price of $15. The holding represented 0.05% of the portfolios.

Graphic Packaging Holding Co. has a market cap of $4.65 billion; its shares were traded around $15.00 with a P/E ratio of 15.47 and P/S ratio of 1.05. The trailing 12-month dividend yield of Graphic Packaging Holding Co. stocks is 2.01%. The forward dividend yield of Graphic Packaging Holding Co. stocks is 2.04%. Graphic Packaging Holding Co. had an annual average earnings growth of 4% over the past 10 years.

Gentex Corp. (GNTX)

First Pacific purchased 262,643 shares of Gentex Corp., which had an average share price of $20. The holding represented 0.04% of the portfolios.

Gentex Corp. has a market cap of $6.31 billion; its shares were traded around $22.24 with a P/E ratio of 15.76 and P/S ratio of 3.66. The trailing 12-month dividend yield of Gentex Corp. stocks is 1.75%. The forward dividend yield of Gentex Corp. stocks is 1.80%. Gentex Corp. had an annual average earnings growth of 16.70% over the past 10 years. GuruFocus rated Gentex Corp. the business predictability rank of 5-star.

Facebook (FB)

First Pacific purchased 29,300 shares of Facebook, which had an average share price of $177. The holding represented 0.04% of the portfolios.

Facebook Inc. has a market cap of $512.47 billion; its shares were traded around $176.41 with a P/E ratio of 32.73 and P/S ratio of 12.83. Facebook Inc. had an annual average earnings growth of 63.5% over the past five years.

Comcast Corp. (CMCSA)

First Pacific acquired 45,000 shares of Comcast Corp., which had an average share price of $38. The holding represented 0.01% of the portfolios.

Comcast Corp. has a market cap of $179 billion; its shares were traded around $38.54 with a P/E ratio of 8.12 and P/S ratio of 2.19. The trailing 12-month dividend yield of Comcast Corp. stocks is 1.64%. The forward dividend yield of Comcast Corp. stocks is 1.97%. Comcast Corp. had an annual average earnings growth of 12.1% over the past 10 years. GuruFocus rated Comcast Corp. the business predictability rank of 4-star.

See First Pacific Advisors (Trades, Portfolio)' portfolio here.

This article first appeared on GuruFocus.