Halliburton Company (HAL), C.R. Bard, Inc. (BCR), Microsoft Corporation (MSFT): Stocks that Boosted Valueact Capital

Valueact Capital, managed by Jeffrey Ubben finished first quarter ending March 31, 2013 on a high, appreciating by 9.7% after payment of all fees and expenses. Since its inception in 2000, the fund has appreciated by 16.6% on a net annualized basis with key company positions in Halliburton Company (NYSE:HAL), C.R. Bard, Inc. (NYSE:BCR), Microsoft Corporation (NASDAQ:MSFT) and Gardner Denver, Inc. (NYSE:GDI), etc. Recovering global economy has seen an increase in valuation for the likes of Moody’s Corporation (NYSE:MCO) and Gardner Denver, Inc. (NYSE:GDI) by 10% in cash-on-cash valuation.

VALUEACT CAPITAL

During the first quarter of 2013 Value Act Capital realized its investments in Moody’s Corporation (NYSE:MCO), Halliburton Company (NYSE:HAL) and Gardner Denver, Inc. (NYSE:GDI) as well as agreeing to be acquired by KKR in a LBO. Value Act Capital’s investments in Moody’s Corporation (NYSE:MCO) paid off as the company’s earnings and multiple expanded having been bought on the thesis that the Federal Reserve monetary policy of low-interest rates was conducive. The stock of Moody’s Corporation (NYSE:MCO) increased by 67.71% from the beginning of the second quarter of 2013.

Valueact Capital projection on Halliburton Company (NYSE:HAL) meeting supply needs for big new players in North American land production, proved to be correct for the quarter. Halliburton Company (NYSE:HAL) strong stock performance was, on the other hand, impacted by higher valuation on improved psychology for future-upturn in activity. The stock of Halliburton Company (NYSE:HAL) has jumped 73.68% since the first quarter of 2013.

As of the end of the first quarter Valueact Capital had sold approximately $144 million of its position in C.R. Bard, Inc. (NYSE:BCR), a position that was built from 2009 to 2010 at approximately $80 a share. Depressed healthcare spending and changing procurement practices have greatly affected the company’s stock price over the past years. C.R. Bard, Inc. (NYSE:BCR)’s stock has increased by 45.51% from the beginning of the second quarter of 2013.

During the first quarter, Value Act Capital initiated three new investments in the name of MICROS Systems, Inc. (NASDAQ:MCRS), Invensys PLC and Microsoft Corporation (NASDAQ:MSFT). The shares of Microsoft Corporation (NASDAQ:MSFT) surged by 45.72% from the third quarter of 2013.

Valueact Capital took advantage of MICROS Systems, Inc. (NASDAQ:MCRS)’s share price weakness to make an investment in the company after 10 years of following and admiration. The company initiated its position in MICROS Systems, Inc. (NASDAQ:MCRS) at an average cost of $42.73 per share. The stock of MICROS Systems, Inc. (NASDAQ:MCRS) increased by50.02% from July 2013.

Investment in Invensys also follows 5-years of following including holding meetings with current and former CEO’s. Value Act Capital holds a 7% position in Invensys at a cost of 3.40 a share.

Disclosure: none

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

6 Ways to Make Money in ArcheAge and Build Your Empire

10 Foods To Eat To Lower Cholesterol Levels

The 10 Most Hated Television Characters of All Time

The 30 Worst Halloween Costume Ideas Ever Brought to Horrible Life

10 Vocational Skills in Demand Today with Jobs Waiting to be Filled

10 Best Places to Visit in Central and South America

The 10 Greatest Empires in History Which Nearly Conquered the World

The 6 Cheapest Boarding Schools In America 2015

5 Clear Reasons LoL is Better than DotA, Continues to Rule MOBAs

The Only 9 Teams with a Chance to Win the Super Bowl

The 15 Most Common Phobias in America that Induce Fits of Panic

Top 6 Least Expensive Tourist Destinations in 2014

Jim Goetz, Peter Fenton, Jim Breyer: Top 6 Venture Investors for 2014

Top 15 Billionaires in 2014

5 Pitfalls To Avoid When Buying a Franchise

Top 20 Medical Schools in the US – 2014 Rankings

4 Business Strategies that Turned Jamie Oliver into the World’s Richest Chef

6 Qualities That Make You A Good Team Player

10 High Paying Seasonal Jobs in America this Holiday Season

The 10 Busiest Shipping Lanes in the World

5 Most Valuable Brands in China

The 10 States with Highest Substance Abuse Rates Crippling Their Populace

The Top 10 Things to Do Before You Die That Will Echo for Eternity

The 10 Best Selling Items on Etsy

Top 10 Things to Do in Tokyo, the Greatest City in the World

10 Mistakes on Social Media that Can Harm You and Will Probably Get You Canned

The 10 Best Cities to Find Jobs in 2014

The 10 Most Controversial Songs Of All Time to Hit (and get Banned from) the Airwaves

The 20 Biggest IPOs in US History

The 10 Best Places to Visit in Mexico that Are Beautiful and Safe

7 Bad Habits that Age You Beyond Your Years

The 40 Best Fortune Cookie Sayings That Will Leave You Bemused, Befuddled, or Beguiled

10 Foods to Eat Before a Workout to Make Every Drop of Sweat Count

The 5 Best Documentaries On Netflix You Must See

The Most Heartwarming and Inspirational Story Of This Halloween Season, It Will Make You Cry and Jump For Joy

10 Best Party Songs of All Time to Bring the House Down With

5 New World Order Conspiracy Theories that Will Strangle the World

The 10 Highest Rated Movies of 2014

The 10 Largest Container Shipping Companies in the World

The 10 Largest Armies in the World: Who Should We Be Afraid Of?

Best Warren Buffett Quotes on Money You Need to Hear

The 10 Highest Suicide Rates by Profession

The 20 Most Underrated Movies of All Time

The 10 Fastest Growing Companies in America

The 10 Biggest Outlet Malls in USA

The 5 Most Popular Rap Songs of All Time

The 10 Countries that Eat the Most Meat

The10 Most Expensive Countries to Fly To

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!