According to GuruFocus research, Delphi Management’s founder and president Scott Black was actively trading in the second quarter of 2013, unloading holdings in chemical companies, restaurants, and equipment manufacturing. Here are the details of the five sells made by Guru Scott Black as of June 30, 2013. Here’s an in-depth look at what Scott Black is buying.
Sold Out: Brinker International Inc. (EAT, Financial) – Restaurants
After three quarters of gains, Delphi Management sold out its EAT position, unloading 45,413 shares at an average price of $39.42 for a gain of 4.4%.
Up 29% since January, Brinker International (EAT) has a market cap of $2.92 billion and trades at a P/E of 18.90 and a P/B of 12.10.
The current share price is $41.15 with a change from average up 4%.
Historical share prices:
Sold Out: Axiall Corp. (AXLL, Financial) – Chemicals
After two losing quarters, Delphi Management sold out its AXLL position, unloading 4,790 shares at an average price of $49.15 for a loss of 13.3%.
Up 52% over 12 months, Axiall Corp. (AXLL) has a market cap of $2.98 billion and trades at a P/E of 18.00 and a P/B of 1.20.
The current share price is $42.59 with a change from average down 13%.
Historical share prices:
Sold Out: Valspar Corporation (VAL, Financial) – Specialty Chemicals
Delphi Management also sold out its VAL position, unloading 109,188 shares at an average price of $66.56 for a gain of 2.5%.
Up 34% over 12 months, Valspar Corporation (VAL) has a market cap of $5.96 billion and trades at a P/E of 21.70 and a P/B of 5.30.
The current share price is $68.24 with a change from average up 2%.
Historical share prices:
Sold Out: Terex Corp. (TEX, Financial) – Farm and Construction Equipment
After four mixed quarters, Delphi Management sold out its TEX position, unloading 27,456 shares at an average price of $30.88 for a loss of 7.8%.
Up 77% over 12 months, Terex Corp. (TEX) has a market cap of $3.15 billion and trades at a P/E of 30.00 and a P/B of 1.70.
The current share price is $28.47 with a change from average down 8%.
Historical share prices:
Sold Out: Herman Miller Inc. (MLHR, Financial) – Business Equipment
After four quarters of gains, Delphi Management also sold out its MLHR position, unloading 38,327 shares at an average price of $26.37 for a loss of 8.7%.
Up 59% over 12 months, Herman Miller Inc. (MLHR) has a market cap of $1.68 billion and trades at a P/E of 25.00 and a P/B of 5.20.
The current share price is $28.66 with a change from average up 9%.
Historical share prices:
The recently updated portfolio of Scott Black's Delphi Management Inc. lists 121 stocks, 12 of them new, with a total value of $839 million and a quarter-over-quarter turnover of 19%.
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The GuruFocus Real Time Picks reports the stock purchases and sales that Gurus have made within the prior 2 weeks. The report time lag can be as short as 2 days after the date of the transaction. This feature is for Premium Members only.
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Sold Out: Brinker International Inc. (EAT, Financial) – Restaurants
After three quarters of gains, Delphi Management sold out its EAT position, unloading 45,413 shares at an average price of $39.42 for a gain of 4.4%.
Up 29% since January, Brinker International (EAT) has a market cap of $2.92 billion and trades at a P/E of 18.90 and a P/B of 12.10.
The current share price is $41.15 with a change from average up 4%.
Historical share prices:
Sold Out: Axiall Corp. (AXLL, Financial) – Chemicals
After two losing quarters, Delphi Management sold out its AXLL position, unloading 4,790 shares at an average price of $49.15 for a loss of 13.3%.
Up 52% over 12 months, Axiall Corp. (AXLL) has a market cap of $2.98 billion and trades at a P/E of 18.00 and a P/B of 1.20.
The current share price is $42.59 with a change from average down 13%.
Historical share prices:
Sold Out: Valspar Corporation (VAL, Financial) – Specialty Chemicals
Delphi Management also sold out its VAL position, unloading 109,188 shares at an average price of $66.56 for a gain of 2.5%.
Up 34% over 12 months, Valspar Corporation (VAL) has a market cap of $5.96 billion and trades at a P/E of 21.70 and a P/B of 5.30.
The current share price is $68.24 with a change from average up 2%.
Historical share prices:
Sold Out: Terex Corp. (TEX, Financial) – Farm and Construction Equipment
After four mixed quarters, Delphi Management sold out its TEX position, unloading 27,456 shares at an average price of $30.88 for a loss of 7.8%.
Up 77% over 12 months, Terex Corp. (TEX) has a market cap of $3.15 billion and trades at a P/E of 30.00 and a P/B of 1.70.
The current share price is $28.47 with a change from average down 8%.
Historical share prices:
Sold Out: Herman Miller Inc. (MLHR, Financial) – Business Equipment
After four quarters of gains, Delphi Management also sold out its MLHR position, unloading 38,327 shares at an average price of $26.37 for a loss of 8.7%.
Up 59% over 12 months, Herman Miller Inc. (MLHR) has a market cap of $1.68 billion and trades at a P/E of 25.00 and a P/B of 5.20.
The current share price is $28.66 with a change from average up 9%.
Historical share prices:
The recently updated portfolio of Scott Black's Delphi Management Inc. lists 121 stocks, 12 of them new, with a total value of $839 million and a quarter-over-quarter turnover of 19%.
If you are not a Premium Member, we invite you for a 7-day Free Trial.
The GuruFocus Real Time Picks reports the stock purchases and sales that Gurus have made within the prior 2 weeks. The report time lag can be as short as 2 days after the date of the transaction. This feature is for Premium Members only.
Use the GuruFocus Value Screen to find 52-Week Lows and discover potentially deep value stocks held by billionaire Guru investors.
