FPA Capital's
Robert Rodriguez
has submitted updates to his portfolio for the end of this year's
third quarter.
Rodriguez is known to invest in the stocks of companies with
unique business characteristics, successful business strategies
and strong balance sheets, according to his
GuruFocus Portfolio Report
.
In addition to a new holding with Alliant Techsystems Inc. (
ATK
) and a sell of all his shares of Amerigroup Corporation (
AGP
), Rodriguez has made reductions of his stake for the following
companies:
Foot Locker Inc. (
FL
)
Rodriguez reduced his current holding of Foot Locker down by more
than 174,000 shares, bringing him down to a total of 682,400
shares. He sold the shares at an average market price of $34.86.
Foot Locker is a global retailer of athletic shoes and apparel.
The company operates more than 3,369 athletic retail stores in 23
countries in North America, Europe, Australia and New Zealand
under several brand names: Foot Locker, Lady Foot Locker, Kids
Foot Locker, Footaction, Champs Sports and CCS.
Currently selling at a market price of $35.15 per share, Foot
Locker has a market cap of $5.26 billion, a P/E (ttm) ratio of
16, a P/S ratio of 0.9 and a P/B ratio of 2.4. It has a Financial
Strength rank of 9 out of 10, a Profitability and Growth rank of
7 out of 10 and a Business Predictability rank of one star,
according to its GuruFocus stock profile.
Atwood Oceanics Inc. (
ATW
)
Rodriguez reduced his current holding of Atwood Oceanics by more
than 114,000 shares, bringing him down to a total of 308,006
shares. He sold the shares at an average market price of $45.73.
Atwood Oceanics is a company that engages in the drilling and the
exploration and development of oil and gas wells worldwide.
Atwood owns 10 mobile offshore drilling units, and is expanding
its fleet with the construction of six high-specification rigs,
according to its website.
Currently selling at a market price of $46.48 per share, Atwood
has a market cap of $3.01 billion, a P/E (ttm) ratio of 12, a P/S
ratio of 4.7 and a P/B ratio of 1.6. It has a Financial Strength
rank of 7 out of 10, a Profitability and Growth rank of 8 out of
10 and a Business Predictability rank of three stars, according
to its GuruFocus stock profile.
Veeco Instruments Inc. (
VECO
)
Rodriguez reduced his current holding of Veeco Instruments Inc.
by more than 126,000, bringing him down to a total of $338,700
shares. He sold the shares at a market price of $28.90.
Veeco Instruments is a company that provides equipment solutions
that enable the manufacturing of LEDs, power electronics, hard
drives, MEMs and wireless chips.
Currently selling at a market price of $29.07 per share, Veeco
has a market cap of $1.13 billion, a P/E (ttm) ratio of 11.3, a
P/B ratio of 1.4 and a P/S ratio of 1.2. It has a Financial
Strength of 9 out of 10, a Profitability and Growth rank of 7 out
of 10 and a Business Predictability rank of one star, according
to its GuruFocus stock profile.About 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
.