Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Energizer Holdings Inc. (ENR), Anadarko Petroleum Corporation (APC): Hedge Fund Giovine Capital Loves These Stocks; Should You?

Page 1 of 2

Editor’s Note: Related tickers: Anadarko Petroleum Corporation (NYSE:APC), The Home Depot, Inc. (NYSE:HD), The Mosaic Company (NYSE:MOS), Hess Corporation (NYSE:HES), Energizer Holdings Inc. (NYSE:ENR)

Giovine Capital Group is an employee-owned hedge fund primarily providing services to pooled investment vehicles. Thomas A. Giovine founded the fund in 1998,which has $338 million worth of 13F equities under management. Institutional investors have to comply with SEC requirements, which include filinga 13F form every quarter.A quick lookatthe top fiveequitypositionsofGiovinemaybe a goodstartingpointfor individual research.

Let’s get started

Anadarko Petroleum Corporation (NYSE:APC)

First up is Anadarko Petroleum Corporation (NYSE:APC). During the quarter, the fund held a position of156,193 shares valued $13.659 million in the oil and gas giant. This was a decrease in the amount of shares by 25,000 and a rise in value of 1.45%, when compared with the prior quarter. Anadarko Petroleum Corporation (NYSE:APC) is the fourth most capitalized player in the Independent Oil and Gas Industry, and it hasa trailing P/E ratio of 18.19 and a forward P/E of 16.84. The former compares favorably withits industry average of 21.59.Over the past twelve months, Anadarko Petroleum Corporation (NYSE:APC)’s stock price has shifted up by 25.58%,while demonstrating an above-average beta of 2.35. The company currently sports a profit margin of 17.97% at a trailing EPS of $4.74, and receives a particularly positive mean recommendation of 1.6 from analysts.

Next isThe Home Depot, Inc. (NYSE:HD), which is 3.74% of the equities reported in the 13F, slightly belowthe previous quarter’s level. The holding was worth $12.644 million at the end of Q1, decreasing by 25,000 shares, and falling in value by less than a percentage point. The Home Depot, Inc. (NYSE:HD)’s stock currently trades at trailing and forward P/E ratios of 25.33 and 18.44 respectively, close to industry norms. A near-1.0 beta signals a strong correlation with Mr. Market, which is a nice companion for the aforementioned Anadarko Petroleum Corporation (NYSE:APC).

The Mosaic Company (NYSE:MOS) is the next position, with 202,600 shares held by the fund on March 31, 2013, a fall of 32,400 from the prior quarter to a value of $12.077 million. While the stock’s P/E ratio for the previous twelve monthsis 14.15, the forward estimation drops to 12.87, with both values below their industry averages. On a further positive note, the company enhanced its quarterly revenue on a year-to-year basis by 2.30%, while earnings grew by 26.10% in its latest financials, so we’ll continue to watch The Mosaic Company (NYSE:MOS) closely.

Page 1 of 2
Loading...