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Michael Price Buys Alphabet, Cabela's in 2nd Quarter

Michael Price ( Trades , Portfolio ) is an American value investor and fund manager who manages a $771 million portfolio. The guru bought shares in the following stocks during the second quarter:

Cabela's Inc. ( CAB ) position was raised by 46.31% expanding the portfolio by 1.27%.

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Founded by Richard N. Cabela in 1961, it is a specialty retailer and a direct marketer of outdoor merchandise.

GuruFocus gives the company a profitability and growth rating of 7 out of 10. While the return on equity (ROE) of 6.68% is outperforming the sector, the return on assets (ROA) of 1.53% is underperforming 61% of the companies in the Global Specialty Retail industry. Financial strength has a rating of 4 out of 10. The cash-debt ratio of 0.04 is below the industry median of 0.95.

The largest shareholder among the gurus is Price with 0.75% of outstanding shares followed by Mario Gabelli (Trades, Portfolio) with 0.32%, Jim Simons (Trades, Portfolio) with 0.17% and George Soros (Trades, Portfolio) with 0.03%.

The guru acquired a 2,068,145-share stake in Papa Murphy's Holdings Inc. ( FRSH ), giving it 1.17% space in the portfolio.

It is a U.S. Take 'N' Bake pizza company. It was founded in 1995 as a result of the merger from Papa Aldo's Pizza and Murphy's Pizza.

GuruFocus gives the company a profitability and growth rating of 4 out of 10. The ROE of -10.81% and ROA of -3.93% are underperforming 79% of the companies in the Global Restaurants industry. Financial strength has a rating of 3 out of 10. The cash-debt ratio of 0.02 is below the industry median of 0.65.

Price purchased 272,500 shares in Genworth MI Canada Inc. ( GMICF ). The transaction had an impact of 0.97% on the portfolio.

The company provides mortgage default insurance to Canadian residential mortgage lenders. Its products and services are long-term care insurance and mortgage insurance.

GuruFocus gives the company a profitability and growth rating of 5 out of 10. The ROE of 13.42% and ROA of 7.50% are outperforming 69% of the companies in the Global Insurance - Specialty industry. Financial strength has a rating of 7 out of 10. The cash-debt ratio of 0.39 is below the industry median of 11.01.

Price is the largest shareholder among the gurus with 0.3% of outstanding shares.

The investor established a 581,396-share position in Babcock & Wilcox Enterprises Inc. ( BW ) expanding the portfolio by 0.89%.

The U.S. company produces machineries for the production of energy from green and coal resources as well as nuclear.

GuruFocus gives the company a profitability and growth rating of 3 out of 10. The ROE of -39.48% and ROA of -14.21% are underperforming 90% of the companies in the Global Electronic Components industry. Financial strength has a rating of 4 out of 10. The cash-debt ratio of 0.52 is below the industry median of 1.52.

The largest shareholder among the gurus is First Pacific Advisors (Trades, Portfolio) with 1.38% of outstanding shares followed by FPA Capital Fund (Trades, Portfolio) with 5.06% and Charles Brandes (Trades, Portfolio) with 2.45%.

The guru bought 100,000 shares in XPO Logistics Inc. ( XPO ). The trade had an impact of 0.84% on the portfolio.

It is one of the top 10 logistics companies in the world. Through its network it helps customers manage their goods more efficiently throughout their supply chains.

GuruFocus gives the company a profitability and growth rating of 7 out of 10. The ROE of 3.93% and ROA of 0.98% are underperforming 66% of the companies in the Global Integrated Shipping and Logistics industry. Financial strength has a rating of 4 out of 10. The cash-debt ratio of 0.06 is above the industry median of 0.31.

Joel Greenblatt (Trades, Portfolio) is the largest shareholder among the gurus with 0.25% of outstanding shares followed by Steven Cohen (Trades, Portfolio) with 0.13% and Murray Stahl (Trades, Portfolio) with 0.01%.

Price raised his holding of Continental Resources Inc. ( CLR ) by 27.78%. The transaction had an impact of 0.42% on the portfolio.

The company is based in Oklahoma City and operates in oil and gas exploration and production.

GuruFocus gives the company a profitability and growth rating of 7 out of 10. The ROE of -3.37% and ROA of -1.04% are outperforming 57% of the companies in the Global Oil and Gas E&P industry. Financial strength has a rating of 5 out of 10. The cash-debt ratio of 0.31 is below the industry median of 0.53.

The largest shareholder among the gurus is Cohen with 0.85% followed by Simons with 0.77%, Stahl with 0.07%, Pioneer Investments (Trades, Portfolio) with 0.05% and Ray Dalio (Trades, Portfolio) with 0.01%.

The guru bought 200,100 shares in First Bank (FRBA). The transaction had an impact of 0.3% on the portfolio.

It is Nigeria's premiere commercial bank. It provides a wide range of retail and corporate financial services to customers and investors in Nigeria. Its business is located across Africa, Europe, Middle East and Asia.

GuruFocus gives the company a profitability and growth rating of 4 out of 10. The ROE of 8.13% and ROA of 0.66% are underperforming 88% of the companies in the Global Banks - Regional - US industry. Financial strength has a rating of 4 out of 10. The cash-debt ratio of 0.38 is below the industry median of 2.09.

Simons is another notable shareholder among the gurus with 0.29% of outstanding shares.

The guru purchased 1,700 shares in Alphabet Inc. Class A (GOOGL), giving it 0.21% portfolio space .

The company is a provider of a comprehensive list of internet services. It is the parent company of Google and several former Google subsidiaries.

GuruFocus gives the company a profitability and growth rating of 8 out of 10. The ROE of 13.93% and ROA of 11.61% are outperforming 71% of the companies in the Global Internet Content and Information industry. Financial strength has a rating of 8 out of 10. The cash-debt ratio of 23.95 is below the industry median of 11.94.

The largest shareholder among the gurus is PRIMECAP Management (Trades, Portfolio) with 0.34% followed by Frank Sands (Trades, Portfolio) with 0.21%, Chris Davis (Trades, Portfolio) with 0.11% and Spiros Segalas (Trades, Portfolio) with 0.11%.

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.


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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