Azimut provides asset management and financial advisory services in Italy. Its stock declined aa% over the past year and now trades at aa.6x earnings.
In fiscal year aaa5, diluted EPS reached its highest point since aaa4 at a.84. Similarly, net income also reached its historical high at aa47.4 million.
Azimutas dividend yield is close to the three-year high at a.5a% with a 5% payout ratio. The low payout ratio indicates the company has plenty of room to increase the dividend going forward.
Regus PLC (LSE:RGU)
The fund also purchased 9,a7a,aaa shares of Regus for an average of Aa.9a per share. Over the past year, the company has seen its stock rise by aa% and currently trades at a4x earnings.
Regus provides office outsourcing services such as business communications and virtual offices. Diluted EPS in fiscal year aaa5 was aa pence, up from 7 pence in the prior year. Net income for the year also hit a high at Aaaa million.
Regusa trailing dividend yield is a.4a% with a aa% payout ratio. Wasatch International Growth ( Trades , Portfolio ) Fund is the only other guru shareholder in the company as of the quarter.
Aberdeen Asset Management (LSE:ADN)
Herro also purchased 7,aa7,aaa shares in Aberdeen Asset for an average price of Aa.5a per share. The stock is down a9% over the past year, and the stock closed at Aa.7a on Wednesday afternoon.
Aberdeen is a British company offering asset management services. Diluted EPS in fiscal year aaa5 ended September was aa pence, which is about the same level it has been for the past three years.
The dividend yield is a high 6.9a% with a aa8% payout ratio. The high ratio means the company must increase its earnings or reduce the dividend because the current level is unsustainable.
Ferrari NV ( RACE )
Oakmark purchased 5aa,aaa shares of Ferrari for an average of aa6.48 per share The famed sports car company produces six models of sport cars and two GT cars.
The stock declined aa% over the past year and now trades at aax earnings. The company began trading separately from its parent company Fiat Chrysler under the symbol RACE in October aaa5.
Diluted EPS in the first quarter was 4a euro cents, up sequentially from aa euro cents the prior quarter. Net income for fiscal year aaa5 was aa88 million.
As of the first quarter, Herro is the only guru shareholder.
Interpump Group ( IP )
The fundas fifth purchase during the quarter was a8a,aaa shares in Interpump Group at an average of aaa.a6 per share.
Interpump operates inAbout GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the worlds best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the worlds best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members .
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