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Columbia Wanger Buys LCI Industries, Nasdaq


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Columbia Wanger ( Trades , Portfolio ) manages a portfolio composed of 197 stocks with a total value of $7.123 billion. During the fourth quarter the guru bought shares in the following stocks:

The guru purchased 667,687 shares of LCI Industries Inc. ( LCII ), establishing a new position. The trade had an impact of 1.01% on the portfolio.

The company through its wholly owned subsidiaries supplies a full line of components for the manufacturers of recreational vehicles and manufactured homes. It also provides buses and trailers used to haul boats, livestock, equipment and other cargo. Consolidated net sales grew 21%, and net income was $26.3 million, or $1.05 per diluted share compared to net income of $16.1 million, or 65 cents per diluted share, for the fourth quarter of the prior year.

GuruFocus gives the stock a profitability and growth rating of 8 out of 10. The return on equity (ROE) of 26.03% and return on assets (ROA) of 17.76% are outperforming 91% of the companies in the Global Recreational Vehicles industry. Financial strength has a rating of 8 out of 10. The cash to debt of 1.73 is above the industry median of 0.70.

The largest shareholder among the gurus is Columbia Wanger with 2.7% of outstanding shares followed by Chuck Royce (Trades, Portfolio) with 2.02%, Joel Greenblatt (Trades, Portfolio) with 0.44%, Jeremy Grantham (Trades, Portfolio) with 0.35%, RS Investment Management (Trades, Portfolio) with 0.17% and Jim Simons (Trades, Portfolio) with 0.07%.

The guru bought 838,230 shares of Masimo Corp. ( MASI ), giving it 0.79% portfolio space.

It is a medical technology company. It develops, manufactures and markets noninvasive monitoring technologies. Its products include noninvasive blood constituent and brain and breath monitoring.

GuruFocus gives the stock a profitability and growth rating of 9 out of 10. The ROE of 86.80% and ROA of 45.75% are outperforming 99% of the companies in the Global Medical Devices industry. Financial strength has a rating of 7 out of 10. The cash to debt of 4,309.44 is far above the industry median of 1.84.

Steven Cohen (Trades, Portfolio) is another notable shareholder among the gurus with 0.39% of outstanding shares followed by Simons with 0.34%, Mario Gabelli (Trades, Portfolio) with 0.26%, John Hussman (Trades, Portfolio) with 0.2%, Royce with 0.11% and Greenblatt with 0.08%.

The guru boosted its position in VCA Inc. ( WOOF ) by 356.16%. The trade had an impact of 0.67% on the portfolio.

It provides veterinary services and diagnostic testing to support veterinary care and sells diagnostic imaging equipment and other medical technology products and related services to the veterinary market. Fourth-quarter revenue increased 18.0%, gross profit increased 16.1%, and operating income increased 17.2% from the same quarter of a year before.

GuruFocus gives the stock a profitability and growth rating of 8 out of 10. The ROE of 15.30% and ROA of 7.01% are outperforming 72% of the companies in the Global Medical Care industry. Financial strength has a rating of 6 out of 10. The cash to debt of 0.06 is below the industry median of 0.26.

Another notable shareholder among the gurus is Andreas Halvorsen (Trades, Portfolio) with 0.67% of outstanding shares followed by Cohen with 0.38%, Robert Olstein (Trades, Portfolio) with 0.15%, Simons with 0.12%, Third Avenue Management (Trades, Portfolio) with 0.1%, Pioneer Investments (Trades, Portfolio) with 0.09% and Gabelli with 0.01%.

The guru purchased 1,158,999 shares of Ritchie Bros. Auctioneers Inc. ( RBA ) with an impact of 0.55% on the portfolio.

The company and its subsidiaries operate as an industrial auctioneer. It sells industrial equipment assets such as construction, transportation, mining and selling equipment among others to on-site and online bidders. During the fourth quarter the company reported an 8% increase for revenue but a decrease of 40% for net income. Diluted earnings per share ( EPS ) decreased 40%.

GuruFocus gives the stock a profitability and growth rating of 8 out of 10. The ROE of 13.12% and ROA of 6.82% are outperforming 67% of the companies in the Global Business Services industry. Financial strength has a rating of 6 out of 10. The cash to debt of 0.34 is below the industry median of 1.39.

PRIMECAP Management (Trades, Portfolio) is the largest shareholder among the gurus with 5.59% of outstanding shares followed by RS Investment Management with 3.02%, Royce with 2.15%, Keeley Asset Management Corp (Trades, Portfolio) with 0.85%, Tom Gayner (Trades, Portfolio) with 0.11% and Simons with 0.06%.

The guru bought 542,400 shares of Nasdaq Inc. ( NDAQ ) with an impact of 0.51% on the portfolio.

The company is a provider of trading, clearing, exchange technology, regulatory, securities listing, information and public company services across six continents.

GuruFocus gives the stock a profitability and growth rating of 8 out of 10. The ROE of 1.91% and ROA of 0.78% are underperforming 61% of the companies in the Global Financial Exchanges industry. Financial strength has a rating of 5 out of 10 with cash to debt of 0.18.

The largest shareholder among the gurus is Pioneer Investments with 0.66% of outstanding shares followed by Simons with 0.38%, Paul Tudor Jones (Trades, Portfolio) with 0.21%, Grantham with 0.2%, Greenblatt with 0.01% and Murray Stahl (Trades, Portfolio) with 0.01%.

The firm raised its stake of Endologix Inc. (ELGX) by 462.99%, and the new position has a space of 0.42% on the portfolio.

The company develops, manufactures, markets and sells medical devices for the treatment of aortic disorders. Its EVAR products include the Endologix AFX Endovascular AAA System and the Endologix Powerlink with Intuitrak Delivery System. Fourth-quarter global revenue grew 21% year over year, and net loss was $24.9 million, or 30 cents per share, compared with net loss of $15.3 million, or 22 cents per share in the same quarter of a year before.

GuruFocus gives the stock a profitability and growth rating of 4 out of 10. The ROE of -122.93% and ROA of -41.43% are underperforming 93% of the companies in the Global Medical Instruments and Supplies industry. Financial strength has a rating of 4 out of 10. The cash to debt of 0.27 is below the industry median of 1.24.

Another notable shareholder among the gurus is Pioneer Investments with 0.76% of outstanding shares followed by Simons with 0.42%.

The guru raised its position in Qualys Inc. (QLYS) by 270.47%, and the trade had an impact of 0.42% on the portfolio.

The company provides cloud security and compliance solutions to organizations identifying security risks to their IT infrastructures, protecting their IT systems from cyber-attacks and achieving compliance with internal policies and external regulations. During the last quarter revenues grew 18% from the fourth quarter of a year before, and gross profit increased 14%. GAAP operating income was $8.8 million compared to $7.7 million in the same quarter in 2015.

GuruFocus gives the stock a profitability and growth rating of 6 out of 10. The ROE of 8.48% and ROA of 5.26% are outperforming 57% of the companies in the Global Software - Application industry. Financial strength has a rating of 9 out of 10 with no debt.

Another notable shareholder of the company among the gurus is Simons with 2.01% of outstanding shares followed by Ron Baron (Trades, Portfolio) with 0.23% and Jones with 0.03%.

Disclosure: I do not own any shares of any stocks mentioned in this article.

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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 Nasdaq, Inc.



This article appears in: Investing , Stocks
Referenced Symbols: MASI , RBA , EPS , NDAQ



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