of Southeastern Asset Management and Longleaf Partners had a busy
day yesterday; the guru made decreases in several of his
holdings. As of March 31, Hawkins' Southeastern portfolio
contained 37 stocks and was valued at over $22 billion.
Saks Inc. (
Hawkins decreased his holdings in Saks 32.72% yesterday. The guru
sold a total of 8,452,966 shares at an average price of $14.78
per share. His sell represented a -0.56% impact to his portfolio.
Hawkins still holds 17,384,749 shares of Saks, representing
11.38% of the company's shares outstanding. The shares are
trading slightly down today at $14.76.
Hawkins holding history of Saks:
Saks Inc. is a luxury retailer offering a wide assortment of
distinctive fashion apparel, shoes, accessories, jewelry,
cosmetics and gifts. Saks Fifth Avenue stores are principally
free-standing stores in exclusive shopping destinations or anchor
stores in upscale regional malls.
Hawkins reduced his holdings in Saks as the price sits near a
five-year high of $15.49.
Saks has a market cap of $2.19 billion; its shares were traded at
around $14.76 with a P/E ratio of 48.54 and a P/S ratio of 0.77.
of Saks reports:
� The price is close to a five-year high.
� The P/S ratio is close to a 10-year high.
� The revenue per share has been in decline for the
past five years.
Revenue for the most recent quarter was $793.2 million, up 5%
from $753 million the year before. Net income, before
adjustments, was $30.1 million, down from $32.7 million the
previous year. Adjusted net income was $20 million.
Despite his decrease in Saks, Longleaf Partners remains the
largest shareholder of Saks.
According to the Peter Lynch Valuation, the company appears to be
There are seven gurus that hold stake in Saks. Click here to see
the holding history for these gurus.
Service Corporation International (
Mason Hawkins decreased his holdings in SCI by -41.92%. Hawkins
sold 5,789,895 shares at an average price of $17.99 per share.
This sell represents a 0.47% impact to his portfolio. Hawkins
still owns 8,023,327 shares of Service Corp. International,
representing approximately 4.3% of the company's shares
This isn't the first reduction involving Service Corp. that
Hawkins has made recently. On May 10, Hawkins cut his holdings in
the company 43.81%.
Mason Hawkins' holding history of SCI:
Hawkins has been selling off shares of his stake in the company
as their share price continues to expand past its previous
Service Corporation International is North America's largest
single provider of funeral, cremation and cemetery services. The
company operates more than 1,800 funeral homes and cemeteries.
Recent Happenings at Service Corporation:
On May 29, SCI announced that the company had entered into a
definitive agreement with Stewart Enterprises to acquire all of
Stewart's outstanding shares of Class A and B common stock for
$13.25 per share in cash. The acquisition has an enterprise value
of $1.4 billion.
The combined company is expected to have pro forma revenue of
nearly $3 billion. The two companies have 2,168 locations in 48
states, eight Canadian provinces and Puerto Rico. These locations
include 1,653 funeral homes and 515 cemeteries, of which 282 are
In May, Service Corp. increased their quarterly cash dividend
from $0.06 per share to $0.07 per share, representing a 17%
increase. The company reported that it intends to pay regular
quarterly cash dividends for the foreseeable future.
Service Corporation International has a market cap of $3.73
billion; its shares were traded at around $17.86 with a P/E ratio
of 23.90 and a P/S ratio of 1.60. The dividend yield of Service
Corp. stock is 1.40%. The company had an annual average earnings
growth of 11.3% over the past 10 years.
The first quarter financials for Service Corporation reports:
� Diluted earnings per share from continuing
operations increased 40.0% to $0.28 in the first quarter 2013
compared to $0.20 in the prior year first quarter.
� Funeral gross profit increased by $20.1 million and
funeral gross margin percentage increased to 26.0% from 23.6% due
primarily to a healthy increase in funeral services performed.
� Net cash provided by operating activities increased
to $154.1 million compared to $95.8 million in 2012, driven
primarily by higher operating earnings and improved working
The analysis on Service Corp. reports that operating margin has
been consistently expanding, that the price and P/B ratio are at
10-year highs and that the P/E and P/S ratios are at five-year
Service Corp's P/S and P/B ratios:
The company's price and P/E ratio:
According to the Peter Lynch Valuation Chart, Service Corp.
appears to be
There are currently seven gurus that hold a stake in Service
Corp. Click here to see their holding histories.
Hawkins decreased his holdings in DineEquity 28.57% yesterday.
The guru sold a total of 1,300,417 shares at an average price of
$73.65 per share. Since his sell, the price per share has
increased 1%. Hawkins still holds on to 1,498,345 shares,
representing 7.81% of DineEquity's shares outstanding.
Mason Hawkins holding history of DineEquity:
In the first quarter, Hawkins reduced his holdings in DineEquity
DineEquity owns and operates two restaurant concepts: Applebee's
Neighborhood Grill and Bar and International House of Pancakes,
or IHOP. The franchise operations segment consists of restaurants
operated by Applebee's franchisees in the U.S. and restaurants
operated by IHOP franchisees and area licensees in the U.S.
Recent Happenings at DineEquity:
The company declared a second quarter dividend of $0.75 per share
DineEquity has a market cap of $1.41 billion; its shares were
traded at around $73.78 with a P/E ratio of 12.70 and a P/S ratio
of 1.80. The dividend yield for DineEquity is at 1%.
The company's first quarter financials reported:
� First quarter 2013 adjusted EPS (Non-GAAP) of $1.14
and GAAP EPS of $0.93.
� Free cash flow of $59.0 million.
� General and administrative expenses reduced by 14%
The analysis on DineEquity reports:
� The price per share revenue has been in decline for
the past five years.
� The share price is currently sitting near a 10-year
high of $75.38.
� The P/S ratio is near a 5-year high of 1.78.
DineEquity's P/S and P/B ratio:
The company's price and P/E ratio:
According to the Peter Lynch Valuation Chart, DineEquity
currently appears to be
There are currently seven gurus that hold a stake in DineEquity.
Click here to see their holding histories on the company.
You can see Mason Hawkins current portfolio here. Also, check out
his Undervalued Stocks, High Growth Companies and Top Yielding
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