Markets

Barrow Slashes Stake in Walmart by 72%

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.

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Walmart sold for $66.42 per share Thursday.

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.

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Delphi sold for $62.23 per share Thursday.

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.

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General Dynamics sold for $135.35 per share Thursday.

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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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.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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