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Ruane Cunniff Boosts Time Warner During 4th Quarter

Ruane Cunniff ( Trades , Portfolio ) is a value investor focused on the intrinsic value of business. It is a long-term investor and will buy a stock and hold it for a long time, even if sometimes the stocks seem to be overvalued. Its largest buys during the fourth quarter were:

The investor increased its stake in Precision Castparts Corp. ( PCP ) by 33.93%, and the deal had an impact of 1.59% on the portfolio.

The company is a manufacturer of complex metal components and products providing high-quality investment castings, forgings and fasteners/fastener systems for critical aerospace and power applications. During the third quarter, total revenue increased 36% over the prior year and same-store sales organic growth was 13%.

GuruFocus gives the stock a profitability and growth rating of 8 out of 10 with ROE of 11.59% and ROA of 6.66% that are outperforming 71% of the companies in the Global Metal Fabrication industry. Financial strength has a rating of 8 out of 10 with a cash-to-debt of 0.13 that is a few above the industry median of 1.06.

Warren Buffett ( Trades , Portfolio ) is the company's largest shareholder among the gurus with 3.05% of outstanding shares followed by Mario Gabelli ( Trades , Portfolio ) with 0.51%, Jeremy Grantham ( Trades , Portfolio ) with 0.46%, Wallace Weitz ( Trades , Portfolio ) with 0.31% and Pioneer Investments ( Trades , Portfolio ) with 0.3%.

The guru raised its stake in Valeant Pharmaceuticals International Inc . ( VRX ) by 4.28%. The deal had an impact of 0.84% on the portfolio.

It is a multinational, specialty pharmaceutical and medical device company that develops, manufactures and markets a range of branded, generic and branded generic pharmaceuticals, over-the-counter products and medical devices.

GuruFocus gives the stock a profitability and growth rating of 9 out of 10 with ROE of -5.07% and ROA of -0.79% that are underperforming 79% of the companies in the Global Drug Manufacturers - Specialty & Generic industry. Financial strength has a rating of 6 out of 10 with no debt.

The largest shareholder among the gurus is Bill Ackman ( Trades , Portfolio ) with 8.95% of outstanding shares followed by Jeff Ubben ( Trades , Portfolio ) with 4.37%, John Paulson ( Trades , Portfolio ) with 3.87%, Andreas Halvorsen ( Trades , Portfolio ) with 2.27%, Glenn Greenberg ( Trades , Portfolio ) with 1.82% and Steve Mandel with 1.7%.

The investor increased its stake in IAC/InterActiveCorp . ( IAC ) by 33.92%; the deal had an impact of 0.1% on the portfolio.

The company is a media and Internet company engaged in areas of search, applications, online dating, media and ecommerce. Revenue for the quarter increased 12%, or 16% excluding the effects of foreign exchange, driven by a 14% increase in dating revenue.

GuruFocus gives the stock a profitability and growth rating of 8 out of 10 with ROE of 6.49% and ROA of 2.77% that are outperforming 50% of

About GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the world's best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members .

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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