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Private Capital Management's Largest Buys in –st Quarter

Bruce S. Sherman is CEO and chief investment officer of Private Capital ( Trades , Portfolio ) Management. The fund was founded by Bruce Sherman, who retired in March 2009. During the first quarter the fund bought shares in the following stocks.

The fund bought 931,670 shares in KKR & Co LP. ( KKR ) with an impact of 1.72% on the portfolio.

The company offers a broad range of asset management services to its investors and provides capital markets services to its firm, its portfolio companies and its clients.

Book value per adjusted unit was $10.79 for the first quarter of 2016 compared to $12.19 per adjusted unit for the same quarter of a year before.

GuruFocus gives the stock a profitability and growth rating of 4 out of 10 with ROE of -1.99% and ROA of -0.18% that are under performing 70% of the companies in the Global Asset Management industry. Financial strength has a rating of 5 out of 10, with cash to debt of 0.12.

John Rogers ( Trades , Portfolio ) is the largest shareholder of the company among the gurus, with 2.3% of outstanding shares followed by Chuck Royce ( Trades , Portfolio ) with 0.39%, Jim Simons ( Trades , Portfolio ) with 0.28%, Private Capital ( Trades , Portfolio ) with 0.21%, Richard Pzena ( Trades , Portfolio ) with 0.16% and Tom Gayner ( Trades , Portfolio ) with 0.12%.

The firm increased its shares in Everi Holdings Inc. ( EVRI ) by 147.67% and with an impact of 0.66% on the portfolio.

The company is engaged in providing full-service casino gaming equipment and payment solutions to address customers' casino floor and technology needs.

GuruFocus gives the stock a profitability and growth rating of 6 out of 10 with ROE of -62.69% and ROA of -7.25% that are underperforming 98% of the companies in the Global Gambling industry. Financial strength has a rating of 4 out of 10, with cash to debt of 0.09 that is below the industry median of 0.71.

Another notable shareholder among the gurus is Jim Simons ( Trades , Portfolio ) with 0.56% of outstanding shares followed by Paul Tudor Jones ( Trades , Portfolio ) with 0.03%.

The fund raised its shares in Tronox Ltd. ( TROX ) by 28.67% and with an impact of 0.48% on the portfolio.

The company is engaged in producing and marketing of titanium bearing mineral sands and titanium dioxide pigment. It operates under two segments, Mineral Sands and Pigment.

During the first quarter revenue grew 26% from the same quarter of a year before and 15% from the fourth quarter of 2016.

GuruFocus gives the stock a profitability and growth rating of 4 out of 10 with ROE of -30.25% and ROA of -6.84% that are under performing 93% of the companies in the Global Chemicals industry. Financial strength has a rating of 3 out of 10, with cash to debt of 0.05 that is below the industry median of

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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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