Michael Price (Trades, Portfolio), leader of MFP Investors, sold shares of the following stocks during the fourth quarter.
The guru reduced his BMC Stock Holdings Inc. (BMCH, Financial) stake by 15.75%, impacting the portfolio by -1%.
The diversified lumber and building materials distributor has a market cap of $1.36 billion and an enterprise value of $1.77 billion.
GuruFocus gives the company a profitability and growth rating of 5 out of 10. Its return on equity (ROE) of 7.23% and return on assets (ROA) of 3.43% are underperforming 52% of companies in the Global Building Materials industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.03 is below the industry median of 0.40.
Ruane Cunniff (Trades, Portfolio) is the company's largest shareholder among the gurus with 5.48% of outstanding shares, followed by Price with 2.68% and NWQ Managers (Trades, Portfolio) with 0.61%.
Price exited his position in Campbell Soup Co. (CPB, Financial). The trade had an impact of -0.78% on the portfolio.
The well-known producer of packaged foods has a market cap of $13.88 billion and an enterprise value of $17.19 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. Its ROE of 55.36% and ROA of 11.29% are outperforming 84% of companies in the Global Packaged Foods industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.05 is below the industry median of 0.51.
The company's largest guru shareholder is Jim Simons (Trades, Portfolio) with 0.47% of outstanding shares, followed by Manning & Napier Advisors Inc. with 0.4% and Mario Gabelli (Trades, Portfolio) with 0.14%.
The Dolby Laboratories Inc. (DLB, Financial) holding was cut by 10.61%. The transaction had an impact of -0.72% on the portfolio.
The audio and imaging technologies company has a market cap of $6.56 billion and an enterprise value of $5.72 billion.
GuruFocus gives the company a profitability and growth rating of 5 out of 10. Its ROE of 4.01% and ROA of 3.37% are outperforming 50% of companies in the Global Media - Diversified industry. Its financial strength is rated 9 out of 10 with no debt.
With 2.25% of outstanding shares, Simons is the company's largest guru shareholder, followed by Price with 0.73% and Chuck Royce (Trades, Portfolio) with 0.12%.
Price trimmed his position in Franklin Resources Inc. (BEN, Financial) by 31.31%, impacting the portfolio by -0.67%.
The investment management company has a market cap of $21.57 billion and an enterprise value of $12.61 billion.
GuruFocus gives the company a profitability and growth rating of 6 out of 10. While its ROE of 5.44% is underperforming the sector, its ROA of 3.89% is outperforming 52% of companies in the Global Asset Management industry. Its financial strength is rated 7 out of 10. The cash-debt ratio of 9.48 is below the industry median of 226.
The largest guru shareholder of the company is Richard Pzena (Trades, Portfolio) with 1.88% of outstanding shares, followed by David Abrams (Trades, Portfolio) with 1.44% and Diamond Hill Capital (Trades, Portfolio) with 0.7%.
The guru almost closed his Investar Holding Corp. (ISTR, Financial) holding, reducing it by 90.91%. The trade had an impact of -0.53% on the portfolio.
The bank, which offers a variety of commercial and retail lending products, has a market cap of $237.87 billion and an enterprise value of $373.83 billion.Â
GuruFocus gives the company a profitability and growth rating of 5 out of 10. Its ROE of 5.56% and ROA of 0.62% are underperforming 70% of companies in the Global Banks - Regional - US industry. Its financial strength is rated 4 out of 10. Its cash-debt ratio of 0.16 is below the industry median of 2.10.
Simons is the bank's largest shareholder among the gurus with 0.66% of outstanding shares, followed by Price with 0.17%.
Price closed his position in Carrizo Oil & Gas Inc. (CRZO, Financial), impacting the portfolio by -0.25%.
The oil and gas producer has a market cap of $1.51 billion and an enterprise value of $3.42 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. The ROA of 123.76% and ROA of 5.46% are outperforming 81% of companies in the Global Oil and Gas E&P industry. It financial strength is rated 3 out of 10. The cash-debt ratio of 0.14 is below the industry median of 0.56.
The company's largest guru shareholder is NWQ Managers (Trades, Portfolio) with 7.31% of outstanding shares, followed by Third Avenue Management (Trades, Portfolio) with 0.22%, Diamond Hill Capital (Trades, Portfolio) with 0.18% and Louis Moore Bacon (Trades, Portfolio) with 0.07%.
The guru removed Allscripts Healthcare Solutions Inc. (MDRX, Financial) from his portfolio. The transaction had an impact of -0.2% on the portfolio.
The software company, which provides clinical, financial, connectivity and information solutions and related professional services to the health care industry, has a market cap of $2.5 billion and an enterprise value of $3.96 billion.
GuruFocus gives the company a profitability and growth rating of 6 out of 10. The ROE of -17.14% and ROA of 5.03% are underperforming 77% of companies in the Global Software – Application industry. Its financial strength is rated 4 out of 10. The cash-debt ratio of 0.10 is below the industry median of 5.32.
With 5.36% of outstanding shares, the Vanguard Health Care Fund (Trades, Portfolio) is the company's largest guru shareholder, followed by Ken Fisher (Trades, Portfolio) with 1.32% and Royce with 0.9%.
The Babcock & Wilcox Enterprises Inc. (BW, Financial) position was reduced by 45.12%, impacting the portfolio by -0.17%.
The power generation company has a market cap of $322 million and an enterprise value of $491.86 million.
GuruFocus gives the company a profitability and growth rating of 3 out of 10. Its ROE of -70.56% and ROA of -22.35% are underperforming 96% of companies in the Global Electronic Components industry. Its financial strength is rated 4 out of 10. The cash-debt ratio of 0.23 is below the industry median of 1.37.
The company's largest guru shareholder is D. E. Shaw & Co. L.P. with 5% of outstanding shares, followed by Royce with 1.55%.
Disclosure: I do not own any stocks mentioned in this article.
