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Robert Olstein Buys Dollar Tree, Boosts CVS Health

- By Tiziano Frateschi

Robert Olstein (Trades, Portfolio), chairman and chief investment officer of Olstein Capital Management, bought shares of the following stocks during the first quarter.


The guru established a new position in Dollar Tree Inc. (DLTR), buying 31,000 shares. The trade had an impact of 0.54% on the portfolio.

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The discount retail company has a market cap of $25.31 billion and an enterprise value of $29.15 billion.


GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity of -22.24% and return on assets of -10.14% are outperforming 89% of companies in the Discount Stores industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.10 is below the industry median of 0.55.

The company's largest guru shareholder is Chuck Akre (Trades, Portfolio) with 2.14% of outstanding shares, followed by Pioneer Investments (Trades, Portfolio) with 0.38%, Wallace Weitz (Trades, Portfolio) with 0.14% and Steven Cohen (Trades, Portfolio) with 0.05%.

The investor increased his position in CVS Health Corp. (CVS) by 39.37%, impacting the portfolio by 0.44%.

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The drugstore chain has a market cap of $72.41 billion and an enterprise value of $139.20 billion.


GuruFocus gives the company a profitability and growth rating of 6 out of 10. The return on equity of -0.38% and return on assets of -0.10% are outperforming 60% of companies in the Health Care Plans industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.11 is below the industry median of 1.15.


The company's largest guru shareholder is Barrow, Hanley, Mewhinney & Strauss with 1.48% of outstanding shares, followed by Dodge & Cox with 1.24% and the Vanguard Health Care Fund (Trades, Portfolio) with 0.97%.


Olstein boosted his Greenbrier Companies Inc. (GBX) holding by 78.28%, impacting the portfolio by 0.43%.

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The company, which manufactures railroad freight car equipment, has a market cap of $1.12 billion 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 6.95% and return on assets of 3.42% are outperforming 74% of companies in the Railroad industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.67 is above the industry median of 0.3.

The company's largest guru shareholder is Chuck Royce (Trades, Portfolio) with 1.20% of outstanding shares, followed by Jim Simons (Trades, Portfolio)' Renaissance Technologies with 0.77% and Hotchkis & Wiley with 0.28%.

The investor increased his SeaWorld Entertainment Inc. (SEAS) holding by 49.08%, impacting the portfolio by 0.40%.

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The company, which operates water theme parks, has a market cap of $2.35 billion and an enterprise value of $3.86 billion.


GuruFocus gives the company a profitability and growth rating of 5 out of 10. The return on equity of 24.62% and return on assets of 3.29% are underperforming 79% of companies in the Leisure industry. Its financial strength is rated 4 out of 10. The cash-debt ratio of 0.13 is below the industry median of 0.52.


The company's largest guru shareholder is Joel Greenblatt (Trades, Portfolio) with 3.36% of outstanding shares, followed by Cohen with 0.54%.

Olstein added 34.04% to his Walgreens Boots Alliance Inc. (WBA) position, impacting the portfolio by 0.34%.

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The company, which operates drugstores throughout the U.S., has a market cap of $48.91 billion and an enterprise value of $66.78 billion.

GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity of 19.52% and return on assets of 7.34% are outperforming 65% of companies in the Pharmaceutical Retailers industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.05 is below the industry median of 0.55.

The company's largest guru shareholder is Bill Gates (Trades, Portfolio)' foundation with 0.37% of outstanding shares, followed by Pioneer Investments with 0.28%, Tom Gayner (Trades, Portfolio) with 0.23% and Larry Robbins (Trades, Portfolio) with 0.10%.

The guru boosted his Viacom Inc. (VIAB) holding by 26.14%, impacting the portfolio by 0.32%.

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The media company has a market cap of $11.73 billion and an enterprise value of $20.22 billion.


GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity of 21.22% and return on assets of 6.51% are outperforming 80% of companies in the Media - Diversified industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.06 is below the industry median of 0.82.


The largest guru shareholder of the company is Sarah Ketterer (Trades, Portfolio) with 0.79% of outstanding shares, followed by John Rogers (Trades, Portfolio) with 0.92%, Pioneer Investments with 0.57% and NWQ Managers (Trades, Portfolio) with 0.33%.

Olstein boosted his Cracker Barrel Old Country Store Inc. (CBRL) position by 64.77% , impacting the portfolio by 0.28%.

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The restaurant has a market cap of $4.04 billion and an enterprise value of $4.27 billion.

GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity of 35.55% and return on assets of 13.98% are outperforming 92% of companies in the Restaurants industry. Its financial strength is rated 7 out of 10. The cash-debt ratio of 0.42 is below the industry median of 0.68

The company's largest guru shareholder is Simons' firm with 0.39% of outstanding shares, followed by Pioneer Investments with 0.28% and Lee Ainslie (Trades, Portfolio) with 023%.

Disclosure: I do not own any stocks mentioned.

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This article first appeared on GuruFocus.