SAs reported by
GuruFocus Real Time Picks
yesterday there were two gurus adding to some of their larger
) added to his holdings in
Wyndham Worldwide (
and Steven Cohen (Trades, Portfolio) upped his stake in
PDC Energy (
Steve Mandel (Trades, Portfolio)
Steve Mandel (Trades, Portfolio) made an increase to his holdings
in the hotel holding company Wyndham Worldwide. The guru upped his
stake 18.68% by purchasing 1,066,056 shares of the company's stock.
He bought these shares at an average price of $72.97 per share for
a transaction amount of roughly $77.8 million.
As of his most recent buy, Steve Mandel (Trades, Portfolio) now
holds on to 6,772,247 shares of Wyndham stock, giving him control
of 5.09% of the company's shares outstanding.
Steve Mandel (Trades, Portfolio)'s holding history as of the third
Steve Mandel (Trades, Portfolio)'s fund Lone Pine manages
approximately $21 billion amongst its various funds, which were up
between 10% and 16% as of the first half of 2013. Prior to creating
Lone Pine, Mandel worked as a senior managing director and consumer
analyst for Julian Robertson (Trades, Portfolio)'s Tiger
As of the close of the third quarter Steve Mandel (Trades,
Portfolio)'s portfolio held 57 stocks valued at approximately
Wyndham Worldwide operates as a hospitality company and offers
individual consumers and business customers a suite of hospitality
products and services across various accommodation alternatives and
price ranges through its portfolio of world-renowned brands.
Wyndham's historical revenue and net income:
The analysis on Wyndham reports that the company's price is near a
10-year high, its P/S ratio is also close to a 10-year high and
that the company has issued $463 million of debt over the past
three years, but its debt level is acceptable.
Most recently the company was given the Silver Award for Best
Supporting Services in the property developer services category at
the Overseas Property Professional's (OPP) Awards for Excellence.
The Peter Lynch Chart suggests that the company is currently
Wyndham Worldwide has a market cap of $9.31 billion. Its shares are
currently trading at around $71.48 with a P/E ratio of 22.70, a P/S
ratio of 1.98 and a P/B ratio of 5.60. The company's dividend yield
is currently sitting at 1.62%.
Steven Cohen (Trades, Portfolio)
Over the past week GuruFocus real time picks also noted that Steven
Cohen (Trades, Portfolio) of the infamous SAC Capital made a
massive increase to his holdings in PDC Energy. The guru upped his
stake in the company 8302.36% by purchasing a total of 1,785,672
shares. He bought these shares at an average price of $48.11 per
share. Since his purchase the price per share is down approximately
-3% to $46.67 per share.
Cohen now holds on to 1,807,180 shares of PDC Energy, giving him
control of 5.93% of the company's shares outstanding.
Cohen's holding history of PDC Energy as of the third quarter:
Steven Cohen reported to his outside investors at the end of the
year that the fund had mustered up a 20.10% gain this year, making
it one of the hedge fund industry's best returns to date. Although
this number is not final because it does not include the last two
days of 2013, but even without the final two days these returns
place SAC Capital among the hedge fund industry's top performer's
Cohen is busy preparing to stop managing money for wealthy outside
investors after his fund plead guilty to insider trading last
month. One of the conditions Cohen received as a punishment was
that he was required to quit managing money for outside investors
along with paying a $1.2 billion penalty.
PDC Energy acquires, develops, explores and produces natural gas,
NGLs and crude oil with operations in the Western and Eastern
regions of the United States.
PDC Energy's historical revenue and earnings growth:
The analysis on PDC Energy reports that the company has been in an
operating loss over the past three years, its revenue has been in
decline over the past five years and over the past three years the
company has issued $341.891 million of debt.
As of the close of the third quarter there were seven gurus that
held a position in PDC Energy. Cohen is the largest shareholder
with 1,807,180 shares of the company's stock, representing 5.93% of
the PDCE's shares outstanding. Columbia Wanger (Trades, Portfolio)
owns 730,000 shares of PDC Energy, representing 2.4% of the
company's shares outstanding, and George Soros (Trades, Portfolio)
maintains 333,046 shares of the company's shares or 1.09% of their
Most recently PDC Energy announced a 2014 capital budget of $647
million and a 2014 production guidance of 9.5 million BOE to 10
million BOE, or approximately 34% year-over-year growth. They also
announced that the solid production results come from the
Wattenberg Downspacing Test and the ongoing Utica development.
PDC Energy has a market cap of $1.66 billion. Its shares are
currently trading at around $46.67 with a P/S ratio of 3.60 and a
P/B ratio 1.80.
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