David Einhorn (Trades, Portfolio) is president of Greenlight Capital, which is a value-oriented investment advisor.Â
With help from the All-In-One Screener, the following are the stocks in his portfolio with the highest return since the beginning of the year.
He holds 24,127,590 shares of Green Brick Partners Inc.(GRBK) that has returned 31% year-to-date. The stake represents 49.43% of outstanding shares of the company and 3.35% of his total assets.
The company is a real estate services company and reported the average sales price of homes in backlog increased by 25.1% compared to the year-ago quarter.Â
The stock is trading with a P/E ratio of 6.30; in the last 12 months the price has risen by 91%, and is now trading 28.11% below its 52-week high and 114.37% above its 52-week low. It looks undervalued at the current price of $10.74. The DCF calculator gives a fair value of $25.22 with a current margin of safety of 57%. The Peter Lynch earnings line gives a fair value of $29.8.
Green Brick has a profitability and growth rating of 3 out of 10 with strong returns (ROE 55.01%, ROA 24.61%) that are outperforming 98% of the companies in the Global Real Estate - General industry. Financial strength has a rating of 8 out of 10. Cash to debt of 0.08 is far below the industry median of 0.33.
Einhorn is the main guru shareholder of the company with 49.43% of outstanding shares, followed by Daniel Loeb (Trades, Portfolio) with 16.76% and Murray Stahl (Trades, Portfolio) with 1.90%.
He holds 4,991,123 shares of UIL Holdings Corp.(UIL) that has returned 16% year-to-date. The stake represents 8.81% of outstanding shares of the company and 2.87% of his total assets.
The company is a utilities-regulated company. It reported consolidated net income increased year-over-year by $6.5 million, or 12 cents per diluted share.
The stock is trading with a P/E ratio of 23.70; in the last 12 months the price has risen by 34%, and is now 6.25% below its 52-week high and 37.52% above its 52-week low. It looks overpriced at the current price of $49.22. The DCF calculator gives a fair value of $18.70, estimating the stock is overvalued by 163%. The Peter Lynch earnings line gives a fair value of $30.1.
UIL has a profitability and growth rating of 6 out of 10 with weak returns (ROE 8.57%, ROA 2.33%) that are underperforming 63% of the companies in the Global Utilities - Regulated Gas industry. Financial strength has a rating of 6 out of 10, with a cash to debt of 0.10 that is below the industry median of 0.28.
Einhorn is the main guru shareholder of the company with 8.81% of outstanding shares, followed by Jim Simons (Trades, Portfolio) with 0.73% and Mario Gabelli (Trades, Portfolio) with 0.06%.
He holds 2,136,685 shares of Spirit AeroSystems Holdings Inc.(SPR), which has returned 15.2% since the beginning of the year. The stake represents 1.51% of outstanding shares of the company and 1.48% of Einhorn's total assets.
The company is an aerospace and defense company. Revenue declined by 6% compared to the second quarter of 2014, but net income increased by 8%.
The stock is trading with a P/E ratio of 17.40. In the last 12 months, the price has risen by 31%, and is now 14.47% below its 52-week high and 49.13% above its 52-week low. It looks overpriced at the current price of $49.6. The DCF calculator gives a fair value of $41.89, estimating the stock is overpriced by 18%. The Peter Lynch earnings line gives the same fair value of $41.9.
Spirit has a profitability and growth rating of 8 out of 10, with strong returns (ROE 22.52%, ROA 7.48%) that is outperforming 79% of the companies in the Global Aerospace & Defense industry. Financial strength has a rating of 7 out of 10. The cash to debt ratio of 0.83 is above the industry median of 0.33.
James Barrow (Trades, Portfolio) is the main guru shareholder of the company with 4.34% of outstanding shares, followed by David Einhorn (Trades, Portfolio) with 1.51% and Richard Snow (Trades, Portfolio) with 1.27%.
Einhorn also holds 1,598,390 shares of IAC/InterActiveCorp.(IACI) that has returned 12.8% year-to-date. The stake represents 1.93% of outstanding shares of the company and 1.6% of his total assets.
IAC is an online media company; it reported 2% growth for revenue compared to the prior year quarter.
The stock is trading with a P/E ratio of 12.40; in the last 12 months the price has risen by 7%, and is now trading 20.17% below its 52-week high and 19.61% above its 52-week low. The DCF calculator estimates the stock is overpriced by 32%, giving a fair value of $51.04. The Peter Lynch earnings line gives a fair value of $45.2.
IACÂ has a profitability and growth rating of 7 out of 10 with strong returns (ROE 26.21%, ROA 11.65%) that are outperforming 81% of the companies in the Global Internet Content & Information industry. Financial strength has a rating of 5 out of 10; even so its cash to debt of 0.82 is much below the industry median of 17.89.
The main shareholder of the company is Daniel Loeb (Trades, Portfolio) with 3.32% of outstanding shares, followed by Einhorn with 1.93%, Ruane Cunniff (Trades, Portfolio) with 1.45% and Murray Stahl (Trades, Portfolio) with 1.15%.
Einhorn holds 2,172,251 shares of Santander Consumer USA Holdings Inc.(SC) that has returned 7.2% year-to-date. The stake represents 0.61% of outstanding shares and 0.70% of his total assets.
The bank and specialty finance company delivered strong results for the second quarter by producing a 16% year-over-year growth in net income.
The stock is trading with a P/E ratio of 7.40; in the last 12 months the price has risen by 14%, and is now trading 21.65% below its 52-week high and 27.24% above its 52-week low. It looks undervalued at the current price of $21.02. The DCF calculator gives a fair value of $41.75 with a current margin of safety of 50%. The Peter Lynch earnings line gives a fair value of $41.7.
Santander has a profitability and growth rating of 5 out of 10 with strong returns (ROE 28.05%, ROA 3.10%) that are outperforming 92% of the companies in the Global Specialty Finance industry. Financial strength has a rating of 4 out of 10, with a cash to debt of 0.12 that is slightly above the industry median of 0.10.
The main guru shareholder of the company is Lee Ainslie (Trades, Portfolio) with 2.96% of outstanding shares, followed by Einhorn with 0.61% and HOTCHKIS & WILEY with 0.43%.
Einhorn's other holdings with a positive return include Take-Two Interactive Software Inc. (TTWO), which returned 4.80%; AerCap Holdings NV (AER), which returned 4.30%, and Apple Inc. (AAPL), which returned 1.40% year-to-date.
