Chuck Royce (Trades, Portfolio) of Royce & Associates LLC recently increased his stakes in three positions in his portfolio. Royce currently owns 1,233 stocks that have a total value around $26.43 billion and a 3% quarter over quarter turnover rate.
The majority of Royce's portfolio consists of stocks in the industrials sector (23.5%). The second is consumer cyclicals, which consists of 21% of his portfolio and the third is technology, which consists of 20.8% of his portfolio.
Royce increased his stakes in Matrix Services Co (MTRX, Financial) during 1Q2015 and purchased 721,700 shares at an average price of $18.83 a share. There are now 2,909,975 shares of MTRX in his current portfolio.
Matrix Services Co provides engineering, fabrication, infrastructure, construction and maintenance services to the oil, gas, mining and mineral, energy and petrochemical industries. The company was founded in 1989.
The Peter Lynch earnings line is currently at $11.60 and the stock is trading at $18.18 a a share, which indicates MTRX may be overvalued at this time.
MTRX's stock price is currently close to its one-year low, which is a good sign for investors. Last year, the stock was trading at $18.35 a share.
The current P/B ratio of 1.76 is close to its two-year low of 1.66, which is also a good sign for investors.
Royce also increased stakes in Winnebago Industries Inc (WGO, Financial) by purchasing 512,177 shares at an average price of $21.55 a share.
Winnebago manufactures recreational vehicles that are used in leisure travel as well as outdoor activities. The company was incorporated in 1958.
According to the DCF calculator, WGO's intrinsic value is $23.16 a share with a 6% margin of safety since it is curretly trading at $21.90 a share. The stock may currently be undervalued, which is good for investors.
Another good sign is the P/S ratio of 0.60 is currently close to the two-year low of 0.56, as indicated in the chart above.
220,671 shares of Identiv Inc (INVE, Financial) were purchased at an average price of $11.60 a share during 1Q2015.
Identiv is a security technology company that provides information and trust solutions in the every day world.
Revenue per share for the trailing twelve months as of December 2014 was $9.60 and its growth rate over the past five years was -14.80% a year. Revenue has been declining over the past five years, which is something investors should be cautious of.
For a complete list of stocks in Royce's portfolio, click here.
