NewGen Asset Management Ltd recently filed their 13F report for the fourth quarter of 2022, which ended on 2022-12-31.
The 13F report details which stocks were in a guru’s equity portfolio at the end of the quarter, though investors should note that these filings are limited in scope, containing only a snapshot of long positions in U.S.-listed stocks and American depository receipts as of the quarter’s end. They are not required to include international holdings, short positions or other types of investments. Still, even this limited filing can provide valuable information.
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As of the latest 13F report, the guru’s equity portfolio contained 22 stocks valued at a total of $199.00Mil. The top holdings were SJR(18.99%), TAC(8.08%), and RCI(6.80%).
According to GuruFocus data, these were NewGen Asset Management Ltd’s top five trades of the quarter.
Rogers Communications Inc
The guru established a new position worth 288,500 shares in NYSE:RCI, giving the stock a 6.8% weight in the equity portfolio. Shares traded for an average price of $42.6 during the quarter.
On 02/07/2023, Rogers Communications Inc traded for a price of $49.04 per share and a market cap of $24.79Bil. The stock has returned -1.19% over the past year.
GuruFocus gives the company a financial strength rating of 3 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, Rogers Communications Inc has a price-earnings ratio of 19.85, a price-book ratio of 3.29, a price-earnings-to-growth (PEG) ratio of 13.23, a EV-to-Ebitda ratio of 11.19 and a price-sales ratio of 2.18.
The price-to-GF Value ratio is 1.03, earning the stock a GF Value rank of 5.
Shaw Communications Inc
During the quarter, NewGen Asset Management Ltd bought 438,700 shares of NYSE:SJR for a total holding of 1,310,300. The trade had a 6.36% impact on the equity portfolio. During the quarter, the stock traded for an average price of $26.23.
On 02/07/2023, Shaw Communications Inc traded for a price of $29.44 per share and a market cap of $14.77Bil. The stock has returned 2.90% over the past year.
GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, Shaw Communications Inc has a price-earnings ratio of 25.96, a price-book ratio of 3.08, a price-earnings-to-growth (PEG) ratio of 3.02, a EV-to-Ebitda ratio of 9.94 and a price-sales ratio of 3.65.
The price-to-GF Value ratio is 1.15, earning the stock a GF Value rank of 3.
Agnico Eagle Mines Ltd
The guru established a new position worth 231,500 shares in NYSE:AEM, giving the stock a 6.06% weight in the equity portfolio. Shares traded for an average price of $47.2 during the quarter.
On 02/07/2023, Agnico Eagle Mines Ltd traded for a price of $52.44 per share and a market cap of $23.97Bil. The stock has returned 12.12% over the past year.
GuruFocus gives the company a financial strength rating of 7 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, Agnico Eagle Mines Ltd has a price-earnings ratio of 35.92, a price-book ratio of 1.49, a price-earnings-to-growth (PEG) ratio of 2.41, a EV-to-Ebitda ratio of 11.86 and a price-sales ratio of 3.96.
The price-to-GF Value ratio is 1.04, earning the stock a GF Value rank of 6.
Open Text Corp
The guru established a new position worth 295,000 shares in NAS:OTEX, giving the stock a 4.4% weight in the equity portfolio. Shares traded for an average price of $28.36 during the quarter.
On 02/07/2023, Open Text Corp traded for a price of $34.85 per share and a market cap of $9.45Bil. The stock has returned -19.51% over the past year.
GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, Open Text Corp has a price-earnings ratio of 151.52, a price-book ratio of 2.42, a price-earnings-to-growth (PEG) ratio of 19.94, a EV-to-Ebitda ratio of 10.98 and a price-sales ratio of 2.82.
The price-to-GF Value ratio is 0.79, earning the stock a GF Value rank of 10.
Enbridge Inc
The guru sold out of their 150,000-share investment in NYSE:ENB. Previously, the stock had a 3.25% weight in the equity portfolio. Shares traded for an average price of $39.11 during the quarter.
On 02/07/2023, Enbridge Inc traded for a price of $40.49 per share and a market cap of $82.29Bil. The stock has returned 0.65% over the past year.
GuruFocus gives the company a financial strength rating of 3 out of 10 and a profitability rating of 7 out of 10.
In terms of valuation, Enbridge Inc has a price-earnings ratio of 19.31, a price-book ratio of 1.89, a price-earnings-to-growth (PEG) ratio of 6.66, a EV-to-Ebitda ratio of 12.90 and a price-sales ratio of 2.09.
The price-to-GF Value ratio is 1.07, earning the stock a GF Value rank of 6.
Please note, the numbers and facts quoted are as of the writing of this article and may not factor in the latest trading data or company announcements.
When GuruFocus covers insider information, we only track open market or the private purchase and sale of common stock with the transaction code of P or S. Therefore, all the transactions mentioned in this article are only the ones with transaction code of P or S.
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