Ron Baron (Trades, Portfolio), founder of Baron Capital Management, reduced nearly 180 stakes in his portfolio in the fourth quarter. His most noteworthy reduction was in his stake in Genesee & Wyoming Inc. (GWR, Financial), a Darien, Connecticut-based short-line railroad holding company.
Baron trimmed that stake by nearly 61%, selling 1,787,149 shares for an average price of $63.28 per share. The transaction had a -0.48% impact on Baron’s portfolio.
Baron’s stake, now 1,165,413 shares, is 2.02% of Genesee & Wyoming’s outstanding shares and 0.29% of Baron’s total assets. Baron is Genesee & Wyoming’s leading shareholder among the gurus.
Genesee & Wyoming has a P/E of 14.3, a forward P/E of 13.8, a P/B of 1.3 and a P/S of 1.7. GuruFocus gives Genesee & Wyoming a Financial Strength rating of 6/10 and a Profitability and Growth rating of 8/10.
Genesee & Wyoming sold for $56.59 per share Friday.
Baron trimmed his stake in Community Health Systems Inc. (CYH, Financial), a health care company based in Franklin, Tennessee, by nearly 60%. Baron sold 2,389,702 shares for an average price of $31 per share. The deal had a -0.46% impact on Baron’s portfolio.
Baron’s remaining stake of 1,608,288 shares is 1.43% of Community Health Systems’ outstanding shares and 0.2% of Baron’s total assets. Community Health Systems’ leading shareholder among the gurus is Larry Robbins (Trades, Portfolio) with a stake of 11,593,795 shares. The stake is 10.28% of Community Health Systems’ outstanding shares and 1.73% of Robbins’ total assets.
Community Health Systems has a P/E of 5, a forward P/E of 3.8, a P/B of 0.4 and a P/S of 0.1. GuruFocus gives Community Health Systems a Financial Strength rating of 4/10 and a Profitability and Growth rating of 6/10.
Community Health Systems sold for $14.6 per share Friday.
Baron sold more than 22% of his stake in Dick's Sporting Goods Inc. (DKS, Financial), a Findlay Township, Pennsylvania-based sporting goods retailer. Baron sold 1,732,398 shares for an average price of $41.72 per share. The transaction had a -0.39% impact on Baron’s portfolio.
The guru’s remaining stake of 5,993,834 shares is 5.21% of Dick's Sporting Goods’ outstanding shares and 0.98% of Baron’s total assets. Baron is Dick's Sporting Goods’ leading shareholder among the gurus.
Dick's Sporting Goods has a P/E of 12.9, a forward P/E of 12.1, a P/B of 2.5 and a P/S of 0.6. GuruFocus gives Dick's Sporting Goods a Financial Strength rating of 6/10 and a Profitability and Growth rating of 7/10.
Dick's Sporting Goods sold for $38.5 Friday.
Baron sold more than 31% of his stake in United Natural Foods Inc. (UNFI, Financial), a Providence, Rhode Island-based distributor of natural and organic foods. The guru sold 1,402,816 shares for an average price of $46.71 per share. The deal had a -0.31% impact on Baron’s portfolio.
Baron’s stake, now 3,090,307 shares, is 6.14% of United Natural Foods’ outstanding shares and 0.56% of Baron’s total assets. Baron is United Natural Foods’ leading shareholder among the gurus.
United Natural Foods has a P/E of 13.7, a forward P/E of 12.1, a P/B of 1.3 and a P/S of 0.2. GuruFocus gives United Natural Foods a Financial Strength rating of 8/10 and a Profitability and Growth rating of 7/10.
United Natural Foods sold for $37.09 per share Friday.
Baron sold nearly all of his stake in LKQ Corp. (LKQ, Financial), a Chicago-based auto parts company. Baron sold 2,042,449 shares, which is almost 98% of his stake, for an average price of $29.06 per share. The transaction had a -0.26% impact on the guru’s portfolio.
Baron’s remaining stake in LKQ is 44,400 shares, which is 0.01% of LKQ’s outstanding shares and 0.01% of Baron’s total assets. LKQ’s leading shareholder among the gurus is David Rolfe (Trades, Portfolio) with a stake of 8,962,062 shares. The stake is 2.93% of LKQ’s outstanding shares and 4.56% of Rolfe’s total assets.
LKQ has a P/E of 19.6, a forward P/E of 14.8, a P/B of 2.6 and a P/S of 1.1. GuruFocus gives LKQ a Financial Strength rating of 8/10 and a Profitability and Growth rating of 7/10.
LKQ sold for $26.31 per share Friday.
Baron pared his stake in Equinix Inc. (EQIX, Financial), a Redwood City, California-based Internet company, by almost 22%. Baron sold 180,695 shares for an average price of $292.44 per share. The deal had a -0.22% impact on Baron’s portfolio.
Baron’s stake, now 654,052 shares, is 1.14% of Equinix’s outstanding shares and 0.92% of Baron’s total assets. Steve Mandel (Trades, Portfolio) is Equinix’s leading shareholder among the gurus with a stake of 2,110,509 shares. The stake is 3.68% of Equinix’s outstanding shares and 2.73% of Mandel’s total assets.
Equinix has a forward P/E of 30.3, a P/B of 11.2 and a P/S of 6.2. GuruFocus gives Equinix a Financial Strength rating of 6/10 and a Profitability and Growth rating of 8/10.
Equinix sold for $299.37 per share Friday.
Baron slashed his stake in Colfax Corp. (CFX, Financial), a machinery company based in Annapolis Junction, Maryland, by nearly 64%. Baron sold 1,453,352 shares for an average price of $26.6 per share, leaving him with a stake of 827,273 shares. The transaction had a -0.2% impact on Baron’s portfolio.
Baron’s stake is 0.67% of Colfax’s outstanding shares and 0.09% of Baron’s total assets. Chuck Akre (Trades, Portfolio) is Colfax’s leading shareholder among the gurus with a stake of 7,345,908 shares. The stake is 5.98% of Colfax’s outstanding shares and 3.81% of Akre’s total assets.
Colfax has a P/E of 15.6, a forward P/E of 15.3, a P/B of 1 and a P/S of 0.8. GuruFocus gives Colfax a Financial Strength rating of 6/10 and a Profitability and Growth rating of 8/10.
Colfax sold for $25.3 per share Friday.
Baron reduced his stake in LaSalle Hotel Properties (LHO, Financial), a Bethesda, Maryland-based real estate investment trust, by more than 61%. Baron sold 1,544,285 shares for an average price of $28.38 per share. The deal had a -0.2% impact on Baron’s portfolio.
Baron’s remaining stake of 985,100 shares 0.87% of LaSalle Hotel Properties’ outstanding shares and 0.11% of Baron’s total assets. Baron is LaSalle Hotel Properties’ leading shareholder among the gurus.
LaSalle Hotel Properties has a P/E of 22.3, a forward P/E of 11, a P/B of 1.1 and a P/S of 2.4. GuruFocus gives LaSalle Hotel Properties a Financial Strength rating of 6/10 and a Profitability and Growth rating of 6/10.
LaSalle Hotel Properties sold for $24.26 per share Friday.
Baron cut his stake in Cepheid (CPHD, Financial), a scientific and technical instruments company based in Sunnyvale, California, by more than 98%. The guru sold 841,725 shares for an average price of $35.44 per share. The transaction had a -0.17% impact on Baron’s portfolio.
Baron’s remaining stake of 14,368 shares is 0.02% of Cepheid’s outstanding shares. Columbia Wanger (Trades, Portfolio) is Cepheid’s leading shareholder among the gurus with a stake of 5,360,677 shares. The stake is 7.41% of Cepheid’s outstanding shares and 1.96% of Columbia Wanger (Trades, Portfolio)’s total assets.
Cepheid has a forward P/E of 43.7, a P/B of 5.6 and a P/S of 3.9. GuruFocus gives Cepheid a Financial Strength rating of 6/10 and a Profitability and Growth rating of 6/10.
Cepheid sold for $28.3 per share Friday.
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