Remy International Inc (REMY), Comcast Corporation (CMCSA): Billion-Dollar Mariner Investment Group’s Top Stock Picks

The final two

The fourth biggest position in the fund’s equity portfolio is newcomer Lennar Corporation (NYSE:LEN). Mariner acquired 59,700 shares of the home building and real estate company in Q1, worth a total value of $1.926 million. The stock trades at the 5^th lowest trailing P/E ratio in the industry at 12.86x, with a forward estimate of 18.24x.  The company’s profit margin reached 16.16% in its latest quarterly report, a generally solid level for Lennar Corporation (NYSE:LEN).

Our short list is closed up by the equity mutual fund BlackRock Global Opportunities Equity Tr (NYSE:BOE) with a stake of 93,467 shares, which is 13,200 shares less than the previous period. The bearish trend led to a decrease in the value of 7.88% to a level of $1.297 million by the end of March. This particular equity trades at a near-industry-average trailing P/E ratio of 15.49 and a beta of 1.26. With an annual price increase of 8.76%, the company exhibits a trailing diluted EPS of $0.91.

Final thoughts

Taking a look at the structure and dynamics of Mariner’s equity portfolio unveiled in the latest 13F form enables us to conclude that despite decreasing the number of its entries, it remains highly diversified; continue preparing for 13F-filing season here.

Disclosure: none