HOTCHKIS & WILEY 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.
Incepted in Los Angeles in 1980, Hotchkis and Wiley has focused exclusively on finding and owning undervalued companies that have a significant potential for appreciation.
As of the latest 13F report, the guru’s equity portfolio contained 487 stocks valued at a total of $26.05Bil. The top holdings were GE(5.06%), C(3.75%), and WFC(3.17%).
According to GuruFocus data, these were HOTCHKIS & WILEY’s top five trades of the quarter.
U.S. Bancorp
The guru established a new position worth 6,424,800 shares in NYSE:USB, giving the stock a 1.08% weight in the equity portfolio. Shares traded for an average price of $42.8 during the quarter.
On 02/14/2023, U.S. Bancorp traded for a price of $49.13 per share and a market cap of $75.22Bil. The stock has returned -11.77% over the past year.
GuruFocus gives the company a financial strength rating of 3 out of 10 and a profitability rating of 6 out of 10.
In terms of valuation, U.S. Bancorp has a price-earnings ratio of 13.24, a price-book ratio of 1.71, a price-earnings-to-growth (PEG) ratio of 2.24 and a price-sales ratio of 3.04.
The price-to-GF Value ratio is 0.89, earning the stock a GF Value rank of 7.
American International Group Inc
HOTCHKIS & WILEY reduced their investment in NYSE:AIG by 3,264,242 shares. The trade had a 0.67% impact on the equity portfolio. During the quarter, the stock traded for an average price of $58.19.
On 02/14/2023, American International Group Inc traded for a price of $61.52 per share and a market cap of $45.71Bil. The stock has returned 6.54% over the past year.
GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 5 out of 10.
In terms of valuation, American International Group Inc has a price-earnings ratio of 3.66, a price-book ratio of 1.18, a EV-to-Ebitda ratio of 2.95 and a price-sales ratio of 0.85.
The price-to-GF Value ratio is 1.15, earning the stock a GF Value rank of 3.
Fidelity National Information Services Inc
The guru established a new position worth 2,204,900 shares in NYSE:FIS, giving the stock a 0.57% weight in the equity portfolio. Shares traded for an average price of $71.04000000000001 during the quarter.
On 02/14/2023, Fidelity National Information Services Inc traded for a price of $67.81 per share and a market cap of $40.24Bil. The stock has returned -37.08% over the past year.
GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 7 out of 10.
In terms of valuation, Fidelity National Information Services Inc has a price-book ratio of 0.89, a EV-to-Ebitda ratio of -4.68 and a price-sales ratio of 2.87.
The price-to-GF Value ratio is 0.48, earning the stock a GF Value rank of 4.
Elevance Health Inc
HOTCHKIS & WILEY reduced their investment in NYSE:ELV by 279,687 shares. The trade had a 0.55% impact on the equity portfolio. During the quarter, the stock traded for an average price of $507.74.
On 02/14/2023, Elevance Health Inc traded for a price of $491.48 per share and a market cap of $117.38Bil. The stock has returned 11.94% 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, Elevance Health Inc has a price-earnings ratio of 19.83, a price-book ratio of 3.23, a price-earnings-to-growth (PEG) ratio of 1.35, a EV-to-Ebitda ratio of 13.11 and a price-sales ratio of 0.77.
The price-to-GF Value ratio is 0.99, earning the stock a GF Value rank of 6.
Hess Corp
HOTCHKIS & WILEY reduced their investment in NYSE:HES by 1,160,599 shares. The trade had a 0.54% impact on the equity portfolio. During the quarter, the stock traded for an average price of $137.37.
On 02/14/2023, Hess Corp traded for a price of $147.99 per share and a market cap of $45.63Bil. The stock has returned 57.62% over the past year.
GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 6 out of 10.
In terms of valuation, Hess Corp has a price-earnings ratio of 21.32, a price-book ratio of 5.72, a EV-to-Ebitda ratio of 8.85 and a price-sales ratio of 4.04.
The price-to-GF Value ratio is 1.03, earning the stock a GF Value rank of 5.
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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