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Tom Gayner Sells Chipotle, Trims Facebook

Guru's largest 2nd-quarter sales Continue reading... Read More...

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Tom Gayner (Trades, Portfolio) sold shares of the following stocks in the second quarter.” data-reactid=”11″>Tom Gayner (Trades, Portfolio) sold shares of the following stocks in the second quarter.

The guru curbed his Oaktree Capital Group LLC (NYSE:OAK) stake by 66.03%. The trade had an impact of -0.59% on the portfolio.

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The asset management company has a market cap of $8.10 billion and an enterprise value of $14.69 billion.

GuruFocus gives the company a profitability and growth rating of 5 out of 10. While the return on equity of 16.29% is outperforming the sector, the return on assets of 2.42% is underperforming 67% of companies in the Asset Management industry. Its financial strength is rated 4 out of 10. The cash-debt ratio of 0.79 is below the industry median of 14.22.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="The largest guru shareholder of the company is Ron Baron (Trades, Portfolio) with 1.17% of outstanding shares, followed by John Rogers (Trades, Portfolio) with 0.49% and Gayner with 0.22%.” data-reactid=”28″>The largest guru shareholder of the company is Ron Baron (Trades, Portfolio) with 1.17% of outstanding shares, followed by John Rogers (Trades, Portfolio) with 0.49% and Gayner with 0.22%.

Gayner exited his Chipotle Mexican Grill Inc. (NYSE:CMG) holding. The portfolio was impacted by -0.10%.

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<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="The fast-casual restaurant chain a market cap of $21.63 billion and an enterprise value of $23.61 billion.

GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity of 17.10% and return on assets of 7.84% are outperforming 64% of companies in the Restaurants industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.27 is below the industry median of 0.56.” data-reactid=”41″>The fast-casual restaurant chain a market cap of $21.63 billion and an enterprise value of $23.61 billion.

GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity of 17.10% and return on assets of 7.84% are outperforming 64% of companies in the Restaurants industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.27 is below the industry median of 0.56.

The largest guru shareholder of the company is Bill Ackman (Trades, Portfolio) with 6.43% of outstanding shares, followed by Jim Simons (Trades, Portfolio)’ Renaissance Technologies with 0.51%, Spiros Segalas (Trades, Portfolio) with 1.57% and Lee Ainslie (Trades, Portfolio) with 0.24%.

The investor exited his Verizon Communications Inc. (NYSE:VZ) position. The portfolio was impacted by -0.09%.

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<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="The telecom company has a market cap of $228.37 billion and an enterprise value of $362.57 billion.

GuruFocus gives the company a profitability and growth rating of 5 out of 10. The return on equity of 29.10% and return on assets of 5.82% are outperforming 58% of companies in the Communication Services industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.01 is below the industry median of 0.33.” data-reactid=”55″>The telecom company has a market cap of $228.37 billion and an enterprise value of $362.57 billion.

GuruFocus gives the company a profitability and growth rating of 5 out of 10. The return on equity of 29.10% and return on assets of 5.82% are outperforming 58% of companies in the Communication Services industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 0.01 is below the industry median of 0.33.

The company’s largest guru shareholder is Barrow, Hanley, Mewhinney & Strauss with 0.20% of outstanding shares, followed by the T Rowe Price Equity Income Fund (Trades, Portfolio) with 0.17%, Pioneer Investments (Trades, Portfolio) with 0.15% and Rogers with 0.03%.

The guru reduced his Facebook Inc. (NASDAQ:FB) holding by 1.77%, impacting the portfolio by -0.01%.

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The social media company has a market cap of $518.47 billion and an enterprise value of $477.68 billion.

GuruFocus gives the company a profitability and growth rating of 8 out of 10. The return on equity of 20.36% and return on assets of 16.84% are outperforming 70% of companies in the Online Media industry. Its financial strength is rated 8 out of 10. The cash-debt ratio of 6.22 is above the industry median of 4.51.

The company’s largest guru shareholder is Chase Coleman (Trades, Portfolio) with 0.31% of outstanding shares, followed by Frank Sands (Trades, Portfolio) with 0.21% and Segalas with 0.21%

Gayner reduced his Booking Holdings Inc. (NASDAQ:BKNG) position by 20%.

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The online travel agency has a market cap of $77.43 billion and enterprise value of $81.70 billion.

GuruFocus gives the company a profitability and growth rating of 9 out of 10. The return on equity of 44.44% and return on assets of 17.35% are outperforming 93% of companies in the Travel and Leisure industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.50 is below the industry median of 0.52.

Dodge & Cox is the company’s largest guru shareholder with 2.73% of outstanding shares, followed by Steve Mandel (Trades, Portfolio) with 0.74%, Coleman’s Tiger Global Management with 0.65% and Yacktman Asset Management (Trades, Portfolio) with 0.49%.

The Charles Schwab Corp. (NYSE:SCHW) was reduced 0.01%.

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The company, which operates in the brokerage, banking and asset management businesses, has a market cap of $51.85 billion.

GuruFocus gives the company a profitability and growth rating of 4 out of 10. While the return on equity of 17.13% is outperforming the sector, the return on assets of 1.35% is underperforming 75% of companies in the Brokers and Exchanges industry. Its financial strength is rated 5 out of 10 with no debt.

Dodge & Cox is the company’s largest guru shareholder with 5.72% of outstanding shares, followed by PRIMECAP Management (Trades, Portfolio) with 2.36%, Al Gore (Trades, Portfolio) with 1.57%, Bill Nygren (Trades, Portfolio) with 0.72% and Ruane Cunniff (Trades, Portfolio) with 0.66%.

Disclosure: I do not own any stocks mentioned.

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<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="This article first appeared on GuruFocus.
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