Richard T. Cunniff – Sequoia Q3-2011 Fund Portfolio

Richard T. Cunniff – Sequoia Q3-2011 Fund Investing Strategies By Dividend Yield – Stock Capital, Investment. Here is a current portfolio update of Richard T. Cunniff’s - Sequoia - portfolio movements as of Q3/2011 (September 30, 2011). In total, he has 35 stocks with a total portfolio worth of USD 3,000,849,000.

Richard T. Cunniff’s fund positions as of Q3/2011 with actual share movements:

Sym - Stock	Portfolio Weight	Recent activity	Reported Price*
VRX - Valeant Pharmaceuticals Int'l	14	0	$37.12
BRK.A - Berkshire Hathaway CL A	11.69	Add 0.34%	$106799.94
TJX - TJX Companies Inc.	9.49	Add 4.05%	$55.47
FAST - Fastenal	7.71	0	$33.28
IDXX - IDEXX Laboratories	5.06	Reduce 12.86%	$68.97
PCP - Precision Castparts	4.91	0	$155.46
AAP - Advance Auto Parts	4.84	Add 2.07%	$58.10
RYCEF - Rolls-Royce GP Plc	3.83	0	$9.28
MHK - Mohawk Industries	3.8	0	$42.91
ORLY - O'Reilly Automotive	3.68	0	$66.63
MA - Mastercard Inc.	3.15	0	$317.16
GOOG - Google Inc.	2.78	0	$514.38
IBM - International Bus. Machines	2.78	0	$175.03
BRK.B - Berkshire Hathaway CL B	2.77	Add 66.86%	$71.04
TGT - Target Corp.	2.4	0	$49.04
PRGO - Perrigo Co.	1.71	0	$97.11
WMT - Wal-Mart Stores	1.64	0	$51.90
PX - Praxair Inc.	1.42	Add 27.21%	$93.48
QNTQF - Qinetiq Group Plc.	1.4	0	$1.82
GS - Goldman Sachs Group	1.37	0	$94.55
GLW - Corning Inc.	1.24	Buy	$12.36
HCXLF - Hiscox Ltd.	1.2	0	$5.75
OMC - Omnicom Group	1.15	0	$36.84
DHR - Danaher Corp.	1.07	0	$41.94
BDX - Becton Dickinson	1.02	0	$73.32
RBA - Ritchie Bros. Auctioneers Inc.	1.02	0	$20.19
FSLR - First Solar Inc.	0.72	0	$63.21
BRO - Brown & Brown Inc.	0.67	0	$17.80
TRMB - Trimble Navigation Ltd.	0.53	Add 510.74%	$33.55
EXPD - Expeditors Int'l	0.35	0	$40.55
SMTGF - SMA Solar Technology AG	0.19	Reduce 75.35%	$52.75
CNQ - Canadian Natural Resources	0.18	0	$29.27
COST - Costco Co.	0.11	0	$82.11
MTD - Mettler-Toledo International Inc.	0.09	0	$139.97
VRSK - Verisk Analytics Inc.	0.02	0	$34.76

Related Stock Ticker:

VRX, BRK.A, TJX, FAST, IDXX, PCP, AAP, RYCEF, MHK, ORLY, MA, GOOG, IBM, BRK.B, THT, PRGO, WMT, PX, QNTQF, GS, GLW, HCXLF, OMC, DHR, BDX, RBA, FSLR, BRO, TRMB, EXPD, SMTGF, CNQ, COST, MTD, VRSK

Stocks With Dividend Growth From Last Week I/2012

Stocks With Dividend Hikes From Last Week by Dividend Yield – Stock, Capital, Investment. Here is a current sheet of companies that have announced a dividend increase within the recent week. In total, 7 stocks and preferred shares announced to raise dividends of which 4 have had a dividend growth of more than 10 percent. The average dividend growth amounts to 36.80 percent.

Here are the stocks with fast dividend growth:

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LTC Properties (NYSE: LTC) has a market capitalization of $948.75 million. The company employs 13 people, generates revenues of $74.30 million and has a net income of $45.52 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $64.19 million. Because of these figures, the EBITDA margin is 86.39 percent (operating margin 61.26 percent and the net profit margin finally 61.26 percent).


The total debt representing 16.29 percent of the company’s assets and the total debt in relation to the equity amounts to 20.07 percent. Due to the financial situation, a return on equity of 9.78 percent was realized. Twelve trailing months earnings per share reached a value of $1.32. Last fiscal year, the company paid $1.58 in form of dividends to shareholders.


Here are the price ratios of the company: The P/E ratio is 23.67, Price/Sales 12.77 and Price/Book ratio 2.51. Dividend Yield: 5.56 percent. The beta ratio is 0.87.

Long-Term Stock History Chart Of LTC Properties, Inc. (Click to enlarge)

Long-Term History of Dividends from LTC Properties, Inc. (NYSE: LTC) (Click to enlarge)

Long-Term Dividend Yield History of LTC Properties, Inc. (NYSE: LTC) (Click to enlarge)

Watsco (NYSE: WSO) has a market capitalization of $2.23 billion. The company employs 4,000 people, generates revenues of $2,844.60 million and has a net income of $111.72 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $176.34 million. Because of these figures, the EBITDA margin is 6.20 percent (operating margin 5.82 percent and the net profit margin finally 3.93 percent).


The total debt representing 0.82 percent of the company’s assets and the total debt in relation to the equity amounts to 1.32 percent. Due to the financial situation, a return on equity of 10.11 percent was realized. Twelve trailing months earnings per share reached a value of $2.66. Last fiscal year, the company paid $2.04 in form of dividends to shareholders.


Here are the price ratios of the company: The P/E ratio is 25.39, Price/Sales 0.78 and Price/Book ratio 2.87. Dividend Yield: 3.67 percent. The beta ratio is 0.93.

Long-Term Stock History Chart Of Watsco, Incorporated (Click to enlarge)

Long-Term History of Dividends from Watsco, Incorporated (NYSE: WSO) (Click to enlarge)

Long-Term Dividend Yield History of Watsco, Incorporated (NYSE: WSO) (Click to enlarge)

Macy's (NYSE: M) has a market capitalization of $14.51 billion. The company employs 166,000 people, generates revenues of $25,003.00 million and has a net income of $847.00 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $3,085.00 million. Because of these figures, the EBITDA margin is 12.34 percent (operating margin 7.58 percent and the net profit margin finally 3.39 percent).


The total debt representing 35.99 percent of the company’s assets and the total debt in relation to the equity amounts to 134.27 percent. Due to the financial situation, a return on equity of 16.64 percent was realized. Twelve trailing months earnings per share reached a value of $2.71. Last fiscal year, the company paid $0.20 in form of dividends to shareholders.


Here are the price ratios of the company: The P/E ratio is 12.75, Price/Sales 0.58 and Price/Book ratio 2.65. Dividend Yield: 2.31 percent. The beta ratio is 1.63.

Long-Term Stock History Chart Of Macy's, Inc. (Click to enlarge)

Long-Term History of Dividends from Macy's, Inc. (NYSE: M) (Click to enlarge)

Long-Term Dividend Yield History of Macy's, Inc. (NYSE: M) (Click to enlarge)

Bank of the Ozarks (NASDAQ: OZRK) has a market capitalization of $1.04 billion. The company employs 1,102 people, generates revenues of $157.97 million and has a net income of $63.92 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $104.45 million. Because of these figures, the EBITDA margin is 66.12 percent (operating margin 46.68 percent and the net profit margin finally 32.96 percent).


The total debt representing 11.93 percent of the company’s assets and the total debt in relation to the equity amounts to 121.87 percent. Due to the financial situation, a return on equity of 21.72 percent was realized. Twelve trailing months earnings per share reached a value of $2.93. Last fiscal year, the company paid $0.30 in form of dividends to shareholders.


Here are the price ratios of the company: The P/E ratio is 10.37, Price/Sales 5.37 and Price/Book ratio 3.23. Dividend Yield: 1.45 percent. The beta ratio is 0.84.

Long-Term Stock History Chart Of Bank of the Ozarks, Inc. (Click to enlarge)

Long-Term History of Dividends from Bank of the Ozarks, Inc. (NASDAQ: OZRK) (Click to enlarge)

Long-Term Dividend Yield History of Bank of the Ozarks, Inc. (NASDAQ: OZRK) (Click to enlarge)

Take a closer look at the full table of the stocks with recent dividend hikes. The average dividend growth amounts to 36.80 percent.

Stocks With Dividend Growth From Last Week I/2012 (Click to enlarge)

Related Stock Ticker:

OZRK, FMO, LTC, M, NDAC, NZFC, WSO

Stock Earnings Review For January 06, 2012

Earnings season continues and earnings releases still matter. Earnings are of a huge importance for stock investors. If they beat the expectations or disappoint, the market needs to correct the current valuation. Earnings are also a good indicator for the health of the whole economy, sector and industry. Here are the earnings highlights of the recent trading day:

Yesterday’s major earnings results in review

AZZ Inc. (AZZ) is acting within the “Metal Fabrication” industry and has a market capitalization of 566.15 Million. Quarter sales of AZZ Inc. grew 13.2% year-over-year. In addition, the company announced a quarter result of $0.79 per share. Analysts expected AZZ Inc. to have an EPS of $0.79. A year ago, quarter earnings amounted to $0.77. For the full fiscal year EPS is expected to grow -8.25% percent and 13.85% for the upcoming 5-years. The stock price changed -1.55% and closed at $45.04.

Here are the current price ratios of the company:
P/E ratio: 14.96,
Price/Sales: 1.31,
Price/Book: 2.09,

6-Month Chart of AZZ Inc. (Source: finance.yahoo.com)

Commercial Metals (CMC) is acting within the “Steel & Iron” industry and has a market capitalization of 1.73 Billion. Quarter sales of Commercial Metals grew 11.9% year-over-year. In addition, the company announced a quarter result of $0.20 per share. Analysts expected Commercial Metals to have an EPS of $0.35. A year ago, quarter earnings amounted to $0.01. For the full fiscal year EPS is expected to grow 23.24% percent and 6.33% for the upcoming 5-years. The stock price changed 3.95% and closed at $14.99.

Here are the current price ratios of the company:
P/E ratio: -,
Price/Sales: 0.22,
Price/Book: 1.49,

6-Month Chart of Commercial Metals (Source: finance.yahoo.com)

Greenbrier Comp (GBX) is acting within the “Railroads” industry and has a market capitalization of 690.49 Million. Quarter sales of Greenbrier Comp grew 100.2% year-over-year. In addition, the company announced a quarter result of $0.48 per share. Analysts expected Greenbrier Comp to have an EPS of $0.36. A year ago, quarter earnings amounted to $-0.16. For the full fiscal year EPS is expected to grow 15.31% percent and 10.50% for the upcoming 5-years. The stock price changed 8.37% and closed at $25.89.

Here are the current price ratios of the company:
P/E ratio: 235.36,
Price/Sales: 0.56,
Price/Book: 1.80,

6-Month Chart of Greenbrier Comp (Source: finance.yahoo.com)

IHS (IHS) is acting within the “Information & Delivery Services” industry and has a market capitalization of 5.68 Billion. Quarter sales of IHS grew 26.6% year-over-year. In addition, the company announced a quarter result of $0.99 per share. Analysts expected IHS to have an EPS of $0.92. A year ago, quarter earnings amounted to $0.81. For the full fiscal year EPS is expected to grow 3.38% percent and 16.68% for the upcoming 5-years. The stock price changed 2.56% and closed at $87.43.

Here are the current price ratios of the company:
P/E ratio: 38.01,
Price/Sales: 4.52,
Price/Book: 4.20,

6-Month Chart of IHS (Source: finance.yahoo.com)

Imperial Sugar (IPSU) is acting within the “Confectioners” industry and has a market capitalization of 40.27 Million. Quarter sales of Imperial Sugar grew -12.5% year-over-year. In addition, the company announced a quarter result of $-2.73 per share. Analysts expected Imperial Sugar to have an EPS of $-0.89. A year ago, quarter earnings amounted to $-0.19. For the full fiscal year EPS is expected to grow 657.24% percent and - for the upcoming 5-years. The stock price changed -6.53% and closed at $3.29.

Here are the current price ratios of the company:
P/E ratio: -,
Price/Sales: 0.05,
Price/Book: 0.20,

6-Month Chart of Imperial Sugar (Source: finance.yahoo.com)

PriceSmart (PSMT) is acting within the “Discount, Variety Stores” industry and has a market capitalization of 1.81 Billion. Quarter sales of PriceSmart grew 24.0% year-over-year. In addition, the company announced a quarter result of $0.47 per share. Analysts expected PriceSmart to have an EPS of $0.58. A year ago, quarter earnings amounted to $0.50. For the full fiscal year EPS is expected to grow 24.99% percent and 12.00% for the upcoming 5-years. The stock price changed -14.10% and closed at $60.63.

Here are the current price ratios of the company:
P/E ratio: 29.29,
Price/Sales: 1.06,
Price/Book: 4.83,

6-Month Chart of PriceSmart (Source: finance.yahoo.com)

Robbins & Myers (RBN) is acting within the “Diversified Machinery” industry and has a market capitalization of 2.24 Billion. Quarter sales of Robbins & Myers grew 68.6% year-over-year. In addition, the company announced a quarter result of $0.77 per share. Analysts expected Robbins & Myers to have an EPS of $0.68. A year ago, quarter earnings amounted to $0.44. For the full fiscal year EPS is expected to grow 118.30% percent and 8.00% for the upcoming 5-years. The stock price changed -2.48% and closed at $48.83.

Here are the current price ratios of the company:
P/E ratio: 25.04,
Price/Sales: 2.72,
Price/Book: 1.95,

6-Month Chart of Robbins & Myers (Source: finance.yahoo.com)

Stock Earnings Review For January 05, 2012

Earnings season continues and earnings releases still matter. Earnings are of a huge importance for stock investors. If they beat the expectations or disappoint, the market needs to correct the current valuation. Earnings are also a good indicator for the health of the whole economy, sector and industry. Here are the earnings highlights from January 05, 2012:

Major earnings results in review from January 05, 2012

Apollo Group (APOL) is acting within the “Education & Training Services” industry and has a market capitalization of 7.40 Billion. Quarter sales of Apollo Group grew -11.1% year-over-year. In addition, the company announced a quarter result of $1.28 per share. Analysts expected Apollo Group to have an EPS of $1.17. A year ago, quarter earnings amounted to $1.63. For the full fiscal year EPS is expected to grow 8.16% percent and 5.68% for the upcoming 5-years. The stock price changed 5.44% and closed at $56.64.

Here are the current price ratios of the company:
P/E ratio: 14.05,
Price/Sales: 1.56,
Price/Book: 5.96,

6-Month Chart of Apollo Group (Source: finance.yahoo.com)

AngioDynamics (ANGO) is acting within the “Medical Instruments & Supplies” industry and has a market capitalization of 344.87 Million. Quarter sales of AngioDynamics grew 8.8% year-over-year. In addition, the company announced a quarter result of $0.13 per share. Analysts expected AngioDynamics to have an EPS of $0.12. A year ago, quarter earnings amounted to $0.13. For the full fiscal year EPS is expected to grow -34.98% percent and 10.00% for the upcoming 5-years. The stock price changed -6.49% and closed at $13.68.

Here are the current price ratios of the company:
P/E ratio: 44.13,
Price/Sales: 1.58,
Price/Book: 0.84,

6-Month Chart of AngioDynamics (Source: finance.yahoo.com)

Calavo Growers (CVGW) is acting within the “Farm Products” industry and has a market capitalization of 388.01 Million. Quarter sales of Calavo Growers grew 37.4% year-over-year. In addition, the company announced a quarter result of $0.25 per share. Analysts expected Calavo Growers to have an EPS of $0.20. A year ago, quarter earnings amounted to $0.32. For the full fiscal year EPS is expected to grow 29.48% percent and 15.00% for the upcoming 5-years. The stock price changed 1.47% and closed at $26.27.

Here are the current price ratios of the company:
P/E ratio: 31.65,
Price/Sales: 0.80,
Price/Book: 3.74,

6-Month Chart of Calavo Growers (Source: finance.yahoo.com)

Family Dollar (FDO) is acting within the “Discount, Variety Stores” industry and has a market capitalization of 6.32 Billion. Quarter sales of Family Dollar grew 7.6% year-over-year. In addition, the company announced a quarter result of $0.68 per share. Analysts expected Family Dollar to have an EPS of $0.68. A year ago, quarter earnings amounted to $0.58. For the full fiscal year EPS is expected to grow 19.01% percent and 14.95% for the upcoming 5-years. The stock price changed -7.47% and closed at $53.63.

Here are the current price ratios of the company:
P/E ratio: 17.19,
Price/Sales: 0.74,
Price/Book: 5.79,

6-Month Chart of Family Dollar (Source: finance.yahoo.com)

Global Payment (GPN) is acting within the “Business Services” industry and has a market capitalization of 3.63 Billion. Quarter sales of Global Payment grew 19.6% year-over-year. In addition, the company announced a quarter result of $0.78 per share. Analysts expected Global Payment to have an EPS of $0.81. A year ago, quarter earnings amounted to $0.70. For the full fiscal year EPS is expected to grow 3.52% percent and 12.87% for the upcoming 5-years. The stock price changed -3.40% and closed at $46.36.

Here are the current price ratios of the company:
P/E ratio: 16.62,
Price/Sales: 1.85,
Price/Book: 3.15,

6-Month Chart of Global Payment (Source: finance.yahoo.com)

Helen of Troy (HELE) is acting within the “Housewares & Accessories” industry and has a market capitalization of 1.02 Billion. Quarter sales of Helen of Troy grew 65.3% year-over-year. In addition, the company announced a quarter result of $1.04 per share. Analysts expected Helen of Troy to have an EPS of $1.02. A year ago, quarter earnings amounted to $0.86. For the full fiscal year EPS is expected to grow 28.12% percent and 10.00% for the upcoming 5-years. The stock price changed -1.47% and closed at $32.25.

Here are the current price ratios of the company:
P/E ratio: 10.21,
Price/Sales: 1.03,
Price/Book: 1.40,

6-Month Chart of Helen of Troy (Source: finance.yahoo.com)

Monsanto (MON) is acting within the “Agricultural Chemicals” industry and has a market capitalization of 41.49 Billion. Quarter sales of Monsanto grew 32.8% year-over-year. In addition, the company announced a quarter result of $0.23 per share. Analysts expected Monsanto to have an EPS of $0.17. A year ago, quarter earnings amounted to $0.02. For the full fiscal year EPS is expected to grow 49.25% percent and 11.86% for the upcoming 5-years. The stock price changed 1.08% and closed at $77.51.

Here are the current price ratios of the company:
P/E ratio: 26.19,
Price/Sales: 3.51,
Price/Book: 3.60,

6-Month Chart of Monsanto (Source: finance.yahoo.com)

MSC Industrial (MSM) is acting within the “Industrial Equipment Wholesale” industry and has a market capitalization of 4.56 Billion. Quarter sales of MSC Industrial grew 15.4% year-over-year. In addition, the company announced a quarter result of $0.95 per share. Analysts expected MSC Industrial to have an EPS of $0.93. A year ago, quarter earnings amounted to $0.75. For the full fiscal year EPS is expected to grow 44.66% percent and 14.71% for the upcoming 5-years. The stock price changed -1.19% and closed at $72.26.

Here are the current price ratios of the company:
P/E ratio: 21.07,
Price/Sales: 2.26,
Price/Book: 4.57,

6-Month Chart of MSC Industrial (Source: finance.yahoo.com)

RPM Inc (RPM) is acting within the “Specialty Chemicals” industry and has a market capitalization of 3.07 Billion. Quarter sales of RPM Inc grew 10.9% year-over-year. In addition, the company announced a quarter result of $0.37 per share. Analysts expected RPM Inc to have an EPS of $0.39. A year ago, quarter earnings amounted to $0.38. For the full fiscal year EPS is expected to grow 4.30% percent and 9.78% for the upcoming 5-years. The stock price changed -0.47% and closed at $23.42.

Here are the current price ratios of the company:
P/E ratio: 15.51,
Price/Sales: 0.88,
Price/Book: 2.36,

6-Month Chart of RPM Inc (Source: finance.yahoo.com)

Ruby Tuesday (RT) is acting within the “Restaurants” industry and has a market capitalization of 434.30 Million. Quarter sales of Ruby Tuesday grew 5.9% year-over-year. In addition, the company announced a quarter result of $-0.03 per share. Analysts expected Ruby Tuesday to have an EPS of $-0.06. A year ago, quarter earnings amounted to $0.07. For the full fiscal year EPS is expected to grow -1.52% percent and 12.00% for the upcoming 5-years. The stock price changed -3.40% and closed at $6.82.

Here are the current price ratios of the company:
P/E ratio: 11.76,
Price/Sales: 0.34,
Price/Book: 0.75,

6-Month Chart of Ruby Tuesday (Source: finance.yahoo.com)

Saba Software (SABA) is acting within the “Business Software & Services” industry and has a market capitalization of 251.96 Million. Quarter sales of Saba Software grew 4.1% year-over-year. In addition, the company announced a quarter result of $-0.10 per share. Analysts expected Saba Software to have an EPS of $-0.11. A year ago, quarter earnings amounted to $0.02. For the full fiscal year EPS is expected to grow -372.73% percent and 20.83% for the upcoming 5-years. The stock price changed 15.65% and closed at $8.57.

Here are the current price ratios of the company:
P/E ratio: -,
Price/Sales: 2.10,
Price/Book: 6.35,

6-Month Chart of Saba Software (Source: finance.yahoo.com)

A. Schulman (SHLM) is acting within the “Specialty Chemicals” industry and has a market capitalization of 616.60 Million. Quarter sales of A. Schulman grew 4.4% year-over-year. In addition, the company announced a quarter result of $0.52 per share. Analysts expected A. Schulman to have an EPS of $0.42. A year ago, quarter earnings amounted to $0.34. For the full fiscal year EPS is expected to grow -16.54% percent and 14.00% for the upcoming 5-years. The stock price changed -5.28% and closed at $20.98.

Here are the current price ratios of the company:
P/E ratio: 15.89,
Price/Sales: 0.28,
Price/Book: 1.17,

6-Month Chart of A. Schulman (Source: finance.yahoo.com)

Constellation Brands (STZ) is acting within the “Beverages - Wineries & Distillers” industry and has a market capitalization of 3.98 Billion. Quarter sales of Constellation Brands grew -27.5% year-over-year. In addition, the company announced a quarter result of $0.50 per share. Analysts expected Constellation Brands to have an EPS of $0.52. A year ago, quarter earnings amounted to $0.66. For the full fiscal year EPS is expected to grow 481.22% percent and 10.40% for the upcoming 5-years. The stock price changed -0.35% and closed at $19.66.

Here are the current price ratios of the company:
P/E ratio: 7.05,
Price/Sales: 1.32,
Price/Book: 1.49,

6-Month Chart of Constellation Brands (Source: finance.yahoo.com)

Worthington (WOR) is acting within the “Steel & Iron” industry and has a market capitalization of 1.25 Billion. Quarter sales of Worthington grew -1.8% year-over-year. In addition, the company announced a quarter result of $0.27 per share. Analysts expected Worthington to have an EPS of $0.32. A year ago, quarter earnings amounted to $0.20. For the full fiscal year EPS is expected to grow 166.93% percent and 8.45% for the upcoming 5-years. The stock price changed 0.11% and closed at $17.66.

Here are the current price ratios of the company:
P/E ratio: 11.04,
Price/Sales: 0.51,
Price/Book: 1.82,

6-Month Chart of Worthington (Source: finance.yahoo.com)

Xyratex (XRTX) is acting within the “Data Storage Devices” industry and has a market capitalization of 413.47 Million. Quarter sales of Xyratex grew -2.3% year-over-year. In addition, the company announced a quarter result of $0.73 per share. Analysts expected Xyratex to have an EPS of $0.34. A year ago, quarter earnings amounted to $0.69. For the full fiscal year EPS is expected to grow 898.70% percent and 5.00% for the upcoming 5-years. The stock price changed 3.11% and closed at $14.60.

Here are the current price ratios of the company:
P/E ratio: 10.90,
Price/Sales: 0.28,
Price/Book: 1.15,

6-Month Chart of Xyratex (Source: finance.yahoo.com)