U.S. Markets closed

Mario Gabelli's Largest Sales of the 4th Quarter

- By Tiziano Frateschi

Mario Gabelli (Trades, Portfolio), t he founder of Gabelli Asset Management, sold shares of the following stocks during the third quarter.


The guru's KLX Inc. (KLXI) holding was closed. The trade had an impact of -0.29% on the portfolio.

2d91dd10-28d1-11e9-b477-9b4db46004be.png

The company, which provides aerospace fasteners and logistics services, has a market cap of $3.2 billion and an enterprise value of $4.06 billion.

GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity of 3.54% and return on assets of 2.12% are underperforming 60% of companies in the Global Aerospace and Defense industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.27 is below the industry median of 0.53.

The largest guru shareholder of the company is Jim Simons (Trades, Portfolio)' Renaissance Technologies with 1.35% of outstanding shares, followed by Jeremy Grantham (Trades, Portfolio) with 0.59% and Michael Price (Trades, Portfolio) with 0.39%.

Gabelli trimmed his Edgewell Personal Care Co. (EPC) stake by 23.45%. The trade had an impact of -0.14% on the portfolio.

b1fc2020-28d1-11e9-a16c-7125b370eb68.png

The company, which manufactures personal care products, has a market cap of $2.15 billion and an enterprise value of $3.19 billion.

GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity of 6.01% and return on assets of 2.54% are underperforming 85% of companies in the Global Household and Personal Products industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.21 is below the industry median of 0.50.

Another notable guru shareholder is Charles Brandes (Trades, Portfolio) with 1.61% of outstanding shares, followed by Joel Greenblatt (Trades, Portfolio) with 0.53%.

The guru reduced his Twenty-First Century Fox Inc. (FOX) stake by 10.39%. The trade had an impact of -0.13% on the portfolio.

8e86f2f0-28d2-11e9-aeaf-8329e77c24d0.png

The media and entertainment company has a market cap of $91.29 billion and an enterprise value of $104.68 billion.

GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity of 26.05% and return on assets of 9.16% are outperforming 79% of companies in the Global Media - Diversified industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.37 is below the industry median of 0.82.

Yacktman Asset Management (Trades, Portfolio) is the company's largest shareholder among the gurus with 1.16% of outstanding shares, followed by Seth Klarman (Trades, Portfolio) with 0.93% and Dodge & Cox with 0.67%.

The investor curbed his Ryman Hospitality Properties Inc. (RHP) stake by 6.80%. The trade impacted the portfolio by -0.12%.

98cb1ca0-28d2-11e9-bd73-e35870252427.png

The real estate investment trust has a market cap of $4.14 billion and an enterprise value of $5.75 billion.

GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity of 48.83% and return on assets of 6.93% are outperforming 79% of companies in the Global REIT - Hotel and Motel industry. Its financial strength is rated 4 out of 10. The cash-debt ratio of 0.05 is below the industry median of 0.06.

The company's largest guru shareholder is Gabelli with 5.39% of outstanding shares, followed by Simons' firm with 1.41%, Pioneer Investments (Trades, Portfolio) with 0.27% and Chris Davis (Trades, Portfolio) with 0.07%.

The K2M Group Holdings Inc. (KTWO) position was closed, impacting the portfolio by -0.11%.

a73ca4b0-28d2-11e9-be7e-9f0eef699b36.png

The company, which develops spine and minimally invasive technologies and techniques, has a market cap of $1.2 billion and an enterprise value of $1.27 billion.

GuruFocus gives the company a profitability and growth rating of 2 out of 10. The return on equity of -19.50% and return on assets of -11.84% are underperforming 63% of companies in the Global Medical Devices industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.44 is below the industry median of 2.32.

Leucadia National (Trades, Portfolio) is the company's largest shareholder among the gurus with 0.43% of outstanding shares, followed by Paul Tudor Jones (Trades, Portfolio) with 0.02%.

The Sony Corp. (SNE) stake was trimmed 5.77%, impacting the portfolio by -0.10%.

b8019680-28d2-11e9-a85d-6952842c6298.png

The manufacturer of electronic equipment, instruments and devices has a market cap of $58 billion and an enterprise value of $52 billion.

GuruFocus gives the company a profitability and growth rating of 5 out of 10. While the return on equity of 22.14% is outperforming the sector, the return on assets of 4.09% is underperforming 52% of companies in the Global Consumer Electronics industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 1.93 is above the industry median of 1.32.

The largest guru shareholder of the company is PRIMECAP Management (Trades, Portfolio) with 3.4% of outstanding shares.

Disclosure: I do not own any stocks mentioned.

Read more here:

  • 6 Stocks With High Business Predictability Ratings
  • 6 Cheap Stocks With Rising Book Value
  • 5 Energy Stocks in Gurus' Portfolios


This article first appeared on GuruFocus.