Frank Sands ( Trades , Portfolio ), CEO and CIO of Sands Capital Management added three new positions to his portfolio of 54 stocks, valued at $42.02 billion with a quarter over quarter turnover rate of 7%.
His firm tends to gravitate toward growth companies and Sands is known to hold stocks for an average of five years.
Here is a look at the investor's newest buys:
LendingClub Corp ( LC )
- Tom Russo Undervalued Stocks
- Tom Russo Top Growth Companies
- Tom Russo High Yield stocks
- Chris Davis Undervalued Stocks
- Chris Davis Top Growth Companies
- Chris Davis High Yield stocks
- Ray Dalio Undervalued Stocks
- Ray Dalio Top Growth Companies
- Ray Dalio High Yield stocks
- Frank Sands Undervalued Stocks
- Frank Sands Top Growth Companies
- Frank Sands High Yield stocks
Sands purchased 9,604,260 shares of LC at the end of the fourth quarter 2014 at an average price of $25.24/share.
LendingClub is an online marketplace that prides itself on operating at a lower cost than most traditional bank lending programs.
The Peter Lynch earnings line values this stock at $6.90, indicating the stock is undervalued since it is currently trading at $22.15.
We gave the company a financial strength score of 5 out of 10 and a profitability & growth score a 2 out of 10.
The current market cap is ~$7,962 billion and shares outstanding is 308.5 billion.
CoStar Group Inc ( CSGP )
Sands purchased 31,175 shares of CSGP at an average price of $161.21/share.
CoStar was founded in 1987, providing analytics, information and marketing services in the commercial real estate industry in both the United States and United Kingdom.
According to the Lynch earnings line, this stock is valued at $22.00 and is currently selling at $197.60, which indicates the stock is undervalued.
We gave the company a 9 star ranking out of 10 for its financial strength and a profitability & growth star ranking of 7 out of 10.
CoStar's shares outstanding at the end of Q3 in 2014 was 32.4 billion and the company's market cap as of today is $6,392 billion.
Because the earnings per share was recorded at $1.47 during Q3 2014, CoStar's earnings yield is 0.74%.
iShare Russell 1000 Growth Index ( IWF )
Sands purchased 28,250 shares of IWF at an average price of $92.07/share. This is not the first time Sands held this stock in his portfolio. He bought shares during 2011Q4 at an average price of $57.08/share and then sold them all 2012Q1 at an average price of $62.98. Here is a closer look at his holdings history in the chart below.
As of today, the stock is currently trading at $98.38/share.
Sands also increased positions in the following stocks in his portfolio:
Alibaba Group Holding Ltd ( BABA ), Adobe Systems Inc ( ADBE ), Twenty-First Centruty Fox In c ( FOXA ), Schlumberger NV (SLB), Las Vegas Sands Corp (LVS), Salesforce.com Inc (CRM), SPDR S&P 500 ETF (SPY), Mindray Medical International Ltd (MR), Yandex NV (YNDX) and Qunar Cayman Islands Ltd (QUNR).
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