Richard Pzena’s 5 New Stock Picks

2. Vtech Holdings Limited (OTC:VTKLY)

Pzena Investment Management’s Stake Value: $1,457,000

Number of Hedge Fund Holders: N/A

Vtech Holdings Limited (OTC:VTKLY) is a Hong Kong-based global market leader in electronic learning products for children, and the largest manufacturer of residential phones in the United States. Vtech Holdings Limited (OTC:VTKLY) has been in business since 1976, and has mastered the craft of fun and innovative educational toys and cordless phones that elevate the user experience. With manufacturing and R&D facilities in mainland China, Malaysia, Mexico, Germany, Canada, and the US, Vtech Holdings Limited (OTC:VTKLY) is afforded the best technology upgrades and an efficient cost structure to stay abreast with the competition. 

Richard Pzena recently invested in Vtech Holdings Limited (OTC:VTKLY), purchasing 139,730 shares valued at $1.45 million. The investment will result in a huge payoff for Pzena’s clients, since Vtech Holdings Limited (OTC:VTKLY) is a dividend stock, with a yield of 10.88%.