Prescott Group Capital Management’s Top New Holdings

Managed by Phil FrohlichPrescott Group Capital Management has recently revealed its equity portfolio allocation for the first quarter of 2014, according to the fund’s latest 13F filing with the Securities and Exchange Commission. The fund holds a diversified $526.4 million worth portfolio, of which almost 23.00% is invested in Technology stocks and 30.00% in Services. During the last 3 months, its value remained almost unchanged, gaining only 0.60%. Prescott slightly increased its largest holding, Air Transport Services Group Inc. (NASDAQ:ATSG), to 5.89 million shares with an aggregate value of $46.21 million – a 8.72% stake in the equity portfolio’s total value. The fund hasn’t made any changes in its second most substantial position, Nature’s Sunshine Prod. (NASDAQ:NATR), but the position lost around 20.00% of its value in the last 3 months, now worth $25.70 million.

Air Transport Services Group Inc. (NASDAQ:ATSG)

Prescott Group Capital Management has reported adding some 38 new stocks to its portfolio and disposing of 32 other holdings. Nu Skin Enterprises, Inc. (NYSE:NUS), a global company engaged in the development and distribution of anti-aging personal care products and nutritional supplements, represents the fund’s most significant new holding – a stake of 35,000 shares worth $2.90 million. Last year, the company delivered earnings per share of $5.24, slightly above market expectations. In January 2014, the stock sank around 36.00%, after an investigation by Chinese authorities into its business practices in the country. The stock slowly recovering, analysts predict a mean target price of $105.00, compared to the current price of around $88.90, and strongly recommend that investors buy.

Phil Frohlich initiated a new stake in AerCap Holdings N.V. (NYSE:AER), a global company which engages in the acquisition and subsequent leasing of aviation assets, and which provides aircraft management services. The stake amounts to 56,700 million shares, with a total value of $2.40 million. AerCap’s stock price nearly tripled in the past 12 months to a current price of around $43.70 apiece – 21.00 times the company’s earnings per share.

The fund also revealed a new position of 20,000 shares worth $2.12 million in Signet Jewelers Ltd. (NYSE:SIG) - a specialty retail jeweler. Signet trades at a P/E ratio of 22.75, compared to the industry average of 17.00. Signet Jewelers reported profits of $360.00 million or $4.37 per share for 2013 and $368.00 million or $4.59 per share in 2014. Expecting the retail jeweler to generate $5.60 per share in 2015, analysts provide an average recommendation of ‘Overweight’ for its stock.

Old Dominion Freight Line (NASDAQ:ODFLis another recently new stock in Prescott Group Capital Management’s equity portfolio. The fund holds 30,700 shares in the company, the position valued at $1.74 million. Old Dominion is a motor carrier providing regional, inter-regional, and national less-than-truckload service and logistics services. The company’s stock price has been consistently rising in the past 5 years, currently trading at $60.73. Generating earnings of $2.39 per share in 2013, Old Dominion is expected to produce $2.82 per share this year. Two other funds holding Old Dominion Freight Line (NASDAQ:ODFL)’s shares are Ross Margolies‘ Stelliam Investment Management and John Brennan‘s Sirios Capital Management. The former owns 722,500 shares of the company, while the latter – almost 719,000.

Finally, computer software company Tableau Software Inc (NYSE:DATA) is also among the fund’s new investments, with a position of 20,000 shares, which amass a value of $1.52 million. As an emerging Tech stock, Tableau generated significant profits only last year – $0.31 per share, compared to previous years’ average (2010-2012) of $0.016 per share. Analysts strongly suggest that investors buy the company’s stock, setting a target price of $95.40 per share, a number which is considerably higher than the current price of $58.46.

Disclosure: none

Recommended reading:

Greenhaven Associates’ Largest Equity Changes From the Latest 13F

MHR Fund Management Increased its Stake in Titan International Inc (TWI)

BHR Capital Reports Increased Position in Hornbeck Offshore Services, Inc.(HOS)

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. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

All In: The 7 Richest Poker Players in the World

Abracadabra: The 10 Best Magicians in the World

The 10 Richest Asian Countries in the World in 2014

Eyes in the Sky: 10 Things You Need to Know About Drones

Rising Stars: The 6 Best Silicon Valley Startups

Military Muscle: The 5 Most Advanced Armies in South America

All that Glitters: The 7 Most Luxurious Jewelry Brands in the World

5 Things You Didn’t Know About ISIS but Should

Empowering Your Money: The 5 Best Energy Stocks to Invest In

The 11 Best Android Apps You Can’t Get on iOS

The 10 Most Important International Conflicts in 2014

Mood Enhancers: The 20 Most Uplifting Songs of all Time

Lover Beware: The 8 Countries that Cheat the Most

Breath of Fresh Air: The 25 Countries with the Best Air Quality on the Planet

Singles Beware: The 8 Worst Mistakes Made on First Dates

Healthy and Happy: The 10 Countries with Lowest Healthcare Costs

The 6 Best Company Team Building Activities to Build Workplace Camaraderie

Ships Ahoy: The 10 Busiest Shipping Ports in the World

10 Productivity Tips to Save You Time and Help You Do More With Less

Grab a Bite: The Most Popular Fast Food Restaurants in America

Friday Night Thirst: The 10 Most Popular Cocktails in the World

The 6 Greatest Unsolved Mysteries We May Never Figure Out

7 Useless Products You Never Should’ve Bought

The 5 Reasons Why You’re Single and Miserable

The 7 Most Addictive Foods in the World We Can’t Stop Eating (Even Though We Should)

5 Amazing Places You Can Swim with Dolphins

The Top 7 Most Livable Countries In The World

The 10 Most Expensive Baseball Cards Ever Pulled From A Pack

The 5 Easiest Second Languages to Learn for English Speakers

Silver Spoon: The 6 Richest Families in the World

The 20 Countries with the Largest Prison Populations in the World

The Top 10 Richest Actors in the World

The 10 Best Airline Stocks to Invest In Before They Fly Too High

Burger Kings: The 10 Most Expensive Burgers in the World

The 10 Most Ethnically Diverse Countries in the World

The 10 Most Exclusive Credit Cards in the World

The 10 Most Expensive Cruise Ships in the World

The 10 Fastest Supercomputers in the World

The 10 Best Countries for Doing Business 2015

6 Most Expensive Fruits In The World

10 Worst Airlines in the World

The 10 Biggest Tax Havens in the World to Stash Your Money

The 15 Most Murderous Countries in the World

10 Largest Colleges in the World: Bigger Isn’t Always Better

Comedians in Cars Getting Coffee: The 6 Comedians Seinfeld Needs to Interview

Easy Money: The 10 Most Successful Investors in the World Today

The 10 Most Deadly Diseases in the World Today

The 5 Most Expensive Luxury Motorhomes in the World

20 Largest Stock Exchanges in the World

6 Richest Painters In The World 2014

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!