James Barrow ( Trades , Portfolio ), executive director of investment firm Barrow, Hanley, Mewhinney & Strauss and the lead portfolio manager for the Vanguard Windsor II and Selected Value Funds, reduced 140 stakes in his portfolio in the fourth quarter. Most - but not all - of the reductions were modest.
Following are his largest reductions of the quarter.
The guru scaled down his stake in Walmart Stores ( WMT ), a Bentonville, Arkansas-based retailer, by almost 72%. Barrow sold 12,044,813 shares for an average price of $60.14 per share. The transaction had a -1.2% impact on Barrow's portfolio.
The reduction left Barrow with a stake of 4,771,345 shares.
Warren Buffett ( Trades , Portfolio ) is Walmart's leading shareholder among the gurus with 56,185,293 shares in his portfolio. Buffett's stake is 1.75% of Walmart's outstanding shares and 2.86% of the guru's total assets.
Walmart has a P/E of 14.2, a forward P/E of 16, a P/B of 2.7 and a P/S of 0.4. GuruFocus gives Walmart a Financial Strength rating of 6/10 and a Profitability and Growth rating of 7/10.
Barrow trimmed his stake in Delphi Automotive PLC ( DLPH ), a British automotive parts company, by nearly 55%. Barrow sold 5,067,958 shares for an average price of $83.84 per share. The deal had a -0.59% impact on Barrow's portfolio.
Barrow's stake, now 4,196,513 shares, is the largest among the gurus. The stake is 1.5% of Delphi's outstanding shares and 0.54% of Barrow's total assets.
Delphi has a P/E of 11.1, a forward P/E of 8.9, a P/B of 7.5 and a P/S of 1.1. GuruFocus gives Delphi a Financial Strength rating of 6/10 and a Profitability and Growth rating of 6/10.
Barrow cut his stake in General Dynamics Corp. ( GD ), a West Falls Church, Virginia-based aerospace and defense company that was founded in 1899, by more than 18%. Barrow sold 1,607,829 shares for an average price of $143 per share. The transaction had a -0.34% impact on Barrow's portfolio.
Barrow's stake is now 7,150,463 shares. He is General Dynamics' leading shareholder among the gurus with a stake that is 2.26% of General Dynamics' outstanding shares and 1.46% of his total assets.
General Dynamics has a P/E of 15.3, a forward P/E of 13.2, a P/B of 4 and a P/S of 1.4. GuruFocus gives General Dynamics a Financial Strength rating of 7/10 and a Profitability and Growth rating of 7/10.
The guru chopped his stake in Total System Services Inc. ( TSS ), a Columbus, Georgia-based financial services company, by more than 39%. Barrow sold 2,437,412 shares for an average price of $52.3 per share. The deal had a -0.17% impact on Barrow's portfolio.
The sale left Barrow with a stake of 3,749,368 shares, the largest among the gurus. The stake is 2.04% of Total System's outstanding shares and 0.28% of Barrow's total assets.
Total System has a P/E
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