Investor Donald Smith Buys Validus, Seacor, News Corp, Oplink

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Donald Smith ( Trades , Portfolio ) heads the New York investment adviser Donald Smith (Trades, Portfolio) & Co. Inc., a deep value manager with a strict bottom-up approach. The firm seeks out-of-favor companies with the lowest price-to-tangible book value ratios and high earnings potential in the next two to four years.



Smith bought four new stocks in the second quarter: Validus Holdings Inc. ( VR ), Seacor Holdings Inc. ( CKH ), News Corp ( NWS ) and Oplink Communications Inc. ( OPLK ).





Validus Holdings Inc. ( VR )



Smith purchased 816,534 shares of Validus Holdings, for 0.58% of the portfolio. The company's share price averaged $37 in the second quarter.



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Validus Holdings Ltd. was incorporated under the laws of Bermuda on Oct. 19, 2005. Validus Holdings Inc. has a market cap of $3.43 billion; its shares were traded at around $37.70 with a P/E ratio of 6.50 and P/S ratio of 1.60. The dividend yield of Validus Holdings Inc. stocks is 3.20%.



Seacor Holdings Inc. ( CKH )



Smith bought 64,626 shares of Seacor Holdings Inc., for 0.1% of the portfolio. The stock price averaged $83 in the quarter.



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Seacor Holdings Inc. was incorporated in 1989 in Delaware. Seacor Holdings Inc. has a market cap of $1.61 billion; its shares were traded at around $81.02 with a P/E ratio of 25.10 and P/S ratio of 1.43. Seacor Holdings Inc. had an annual average earnings growth of 2.50% over the past 10 years.



News Corp ( NWS )



Smith bought 300,000 shares of News Corp, for 0.098% of the portfolio. The second quarter share price averaged $17.



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News Corp is a diversified media and information services company focused on creating and distributing authoritative and engaging content to consumers. News Corp has a market cap of $9.74 billion; its shares were traded at around $16.83 with and P/S ratio of 1.10.



Oplink Communications Inc. ( OPLK )



Smith bought 307,498 shares of Oplink Communications for 0.098% of the portfolio. The share price averaged $17 in the second quarter.



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Oplink Communications Inc. was incorporated in California in September 1995 and was later reincorporated in Delaware in September 2000. Oplink Communications Inc. has a market cap of $357.500 million; its shares were traded at around $19.32 with a P/E ratio of 50.60 and P/S ratio of 1.85.





See more Donald Smith (Trades, Portfolio) stocks in his portfolio here. Not a Premium Member of GuruFocus? Try it free for 7 days hereAbout GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the world's best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members .

This article first appeared on GuruFocus .



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Stocks

Referenced Stocks: VR , CKH , NWS , OPLK

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