Latest news with #ArielAppreciationFund
Yahoo
22-04-2025
- Business
- Yahoo
Here are Ariel Appreciation Fund's Updates on its New Addition Schlumberger NV (SLB)
Ariel Investments, an investment management company, released its 'Ariel Appreciation Fund' first-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the first quarter, investors fled to shelter as hopes for another year of U.S. outperformance, driven by economic momentum and the new administration's pro-business approach swiftly gave way to tariff fears and policy uncertainty, causing most of the major U.S. indices to close the quarter in the red. Against this backdrop, the fund returned -6.94% in the first quarter underperforming the Russell Midcap Value Index's -2.11% returns, and the Russell Midcap Index's -3.40% returns. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Ariel Appreciation Fund highlighted stocks such as Schlumberger Limited (NYSE:SLB). Headquartered in Houston, Texas, Schlumberger Limited (NYSE:SLB) is an oil field services company. The one-month return of Schlumberger Limited (NYSE:SLB) was -18.12%, and its shares lost 30.13% of their value over the last 52 weeks. On April 21, 2025, Schlumberger Limited (NYSE:SLB) stock closed at $34.62 per share with a market capitalization of 47.744 billion. Ariel Appreciation Fund stated the following regarding Schlumberger Limited (NYSE:SLB) in its Q1 2025 investor letter: "Additionally, we purchased Schlumberger Limited (NYSE:SLB), the largest oilfield services company in the world by revenue. SLB provides equipment, services and digital tools to help oil and gas producers operate more efficiently, including reservoir characterization, rig and well construction and production enhancement. We believe the company's scale and technical expertise are key differentiators. Weak near-term demand, an oil glut, falling commodity prices and concerns about future spending amid a global shift to renewable energies presented an attractive entry point. We believe there are tailwinds supporting rising demand over the medium-term, as national oil companies invest in long-cycle projects to grow capacity and address the natural decline of production. Additionally, we expect SLB will continue to evolve their capabilities to help clients with rising energy needs going forward." An aerial view of a well site, depicting the scale of oil and gas operations. Schlumberger Limited (NYSE:SLB) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 80 hedge fund portfolios held Schlumberger Limited (NYSE:SLB) at the end of the fourth quarter compared to 65 in the third quarter. While we acknowledge the potential of Schlumberger Limited (NYSE:SLB) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. In another article, we covered Schlumberger Limited (NYSE:SLB) and shared the list of best undervalued energy stocks to invest in. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
22-04-2025
- Business
- Yahoo
OneSpaWorld Holdings Ltd. (OSW) Traded Lower in Q1
Ariel Investments, an investment management company, released its 'Ariel Appreciation Fund' first-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the first quarter, investors fled to shelter as hopes for another year of U.S. outperformance, driven by economic momentum and the new administration's pro-business approach swiftly gave way to tariff fears and policy uncertainty, causing most of the major U.S. indices to close the quarter in the red. Against this backdrop, the fund returned -6.94% in the first quarter underperforming the Russell Midcap Value Index's -2.11% returns, and the Russell Midcap Index's -3.40% returns. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Ariel Appreciation Fund highlighted stocks such as OneSpaWorld Holdings Limited (NASDAQ:OSW). OneSpaWorld Holdings Limited (NASDAQ:OSW) operates health and wellness centers onboard cruise ships and at destination resorts. The one-month return of OneSpaWorld Holdings Limited (NASDAQ:OSW) was -9.21%, and its shares gained 32.50% of their value over the last 52 weeks. On February 28, 2025, OneSpaWorld Holdings Limited (NASDAQ:OSW) stock closed at $16.47 per share with a market capitalization of $1.773 billion. Ariel Appreciation Fund stated the following regarding OneSpaWorld Holdings Limited (NASDAQ:OSW) in its Q1 2025 investor letter: "We initiated two positions in the leisure and travel industry, cruise ship operator, Norwegian Cruise Line Holdings Ltd. (NCLH) and global health and wellness provider onboard cruise ships and destination resorts, OneSpaWorld Holdings Limited (NASDAQ:OSW). Shares of both companies traded meaningfully lower on investor concerns around a deterioration in consumer sentiment and related softening in discretionary spend due to the economic slowdown. A potential new tax on cruise lines also weighed on NCLH's shares. In our view, these risks are currently priced in and present an attractive entry point. Notably, consumer demand and booking trends remain strong and both companies continue to deliver robust earnings growth. OSW's management continues to work to strengthen its balance sheet by paying down debt and returning capital to shareholders through buybacks and dividends." A well-equipped wellness center with classes and health services. OneSpaWorld Holdings Limited (NASDAQ:OSW) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 29 hedge fund portfolios held OneSpaWorld Holdings Limited (NASDAQ:OSW) at the end of the fourth quarter compared to 25 in the third quarter. OneSpaWorld Holdings Limited (NASDAQ:OSW) fourth quarter revenue increased 11% to $217.2 million compared to $194.8 million in Q4 2023. While we acknowledge the potential of OneSpaWorld Holdings Limited (NASDAQ:OSW) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. In another article, we covered OneSpaWorld Holdings Limited (NASDAQ:OSW) and shared the list of best cruise stocks to buy according to hedge funds. OneSpaWorld Holdings Limited (NASDAQ:OSW) appreciated during the last quarter, boosting the Ariel Small Cap Value Strategy's performance. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
22-04-2025
- Business
- Yahoo
Norwegian Cruise Line Holdings Ltd. (NCLH) Declined on Investor Concerns Over New Cruise Tax
Ariel Investments, an investment management company, released its 'Ariel Appreciation Fund' first-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the first quarter, investors fled to shelter as hopes for another year of U.S. outperformance, driven by economic momentum and the new administration's pro-business approach swiftly gave way to tariff fears and policy uncertainty, causing most of the major U.S. indices to close the quarter in the red. Against this backdrop, the fund returned -6.94% in the first quarter underperforming the Russell Midcap Value Index's -2.11% returns, and the Russell Midcap Index's -3.40% returns. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Ariel Appreciation Fund highlighted stocks such as Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH). Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) is a cruise company that operates through Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. The one-month return of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) was -21.32%, and its shares lost 1.266% of their value over the last 52 weeks. On April 21, 2025, Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) stock closed at $16.05 per share with a market capitalization of $7.261 billion. Ariel Appreciation Fund stated the following regarding Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) in its Q1 2025 investor letter: Lastly, new holding, Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) declined alongside the sector during the period, following investor concerns about a potential new tax on cruise lines. Although, we believe the risk of any potential exposure is currently priced in, we note cruise lines operate globally and determining taxable income on a jurisdiction basis can be extremely complex. Generally, operators benefit from exemptions under Section 883 of the IRS code and bilateral tax treaties that relieve them from paying corporate income tax on profits beyond the taxes already paid in their operating regions. The elimination of the carve-out would require a Congressional vote. Meanwhile, NCLH continues to deliver robust quarterly earnings, highlighted by strong consumer demand, healthy onboard spending, attractive pricing, solid cost containment and sustained progress on leverage reduction. Looking ahead, NCLH remains focused on right sizing its cost base and improving margins to further strengthen its foundation for sustainable and profitable growth. A luxurious cruise ship overlooking a stunning horizon, highlighting the variety of its itineraries. Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 58 hedge fund portfolios held Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) at the end of the fourth quarter compared to 33 in the third quarter. While we acknowledge the potential of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. In another article, we covered Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) and shared the list of best cruise stocks to buy according to hedge funds. Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) gained momentum last quarter after exceeding both revenue and earnings expectations. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
22-04-2025
- Business
- Yahoo
Does Bio-Rad Laboratories (BIO) Offer a Solid Financial Profile?
Ariel Investments, an investment management company, released its 'Ariel Appreciation Fund' first-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the first quarter, investors fled to shelter as hopes for another year of U.S. outperformance, driven by economic momentum and the new administration's pro-business approach swiftly gave way to tariff fears and policy uncertainty, causing most of the major U.S. indices to close the quarter in the red. Against this backdrop, the fund returned -6.94% in the first quarter underperforming the Russell Midcap Value Index's -2.11% returns, and the Russell Midcap Index's -3.40% returns. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Ariel Appreciation Fund highlighted stocks such as Bio-Rad Laboratories, Inc. (NYSE:BIO). Bio-Rad Laboratories, Inc. (NYSE:BIO) is a life science company that manufactures and distributes life science research and clinical diagnostic products. The one-month return of Bio-Rad Laboratories, Inc. (NYSE:BIO) was -4.22%, and its shares lost 16.97% of their value over the last 52 weeks. On April 21, 2025, Bio-Rad Laboratories, Inc. (NYSE:BIO) stock closed at $236.88 per share with a market capitalization of $6.691 billion. Ariel Appreciation Fund stated the following regarding Bio-Rad Laboratories, Inc. (NYSE:BIO) in its Q1 2025 investor letter: "Alternatively, manufacturer and developer of laboratory equipment and biological testing, Bio-Rad Laboratories, Inc. (NYSE:BIO), declined over the period after the National Institutes of Health (NIH) announced significant cuts to its internal funding structure. Management also issued disappointing guidance on continued softness in the biopharma and academic research segments as well as uncertainty in the funding environment. Despite the challenging backdrop, we believe the company offers a solid financial profile, including recurring revenue streams and rising operating profit margins." A research scientist in a lab wearing safety glasses, surrounded by laboratory equipment testing life science samples. Bio-Rad Laboratories, Inc. (NYSE:BIO) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 42 hedge fund portfolios held Bio-Rad Laboratories, Inc. (NYSE:BIO) at the end of the fourth quarter which was 38 in the previous quarter. While we acknowledge the potential of Bio-Rad Laboratories, Inc. (NYSE:BIO) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. In another article, we covered Bio-Rad Laboratories, Inc. (NYSE:BIO) and shared Longleaf Partners Fund's views on the company. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
22-04-2025
- Business
- Yahoo
Solid Earnings Result Lifted ADT (ADT) in Q1
Ariel Investments, an investment management company, released its 'Ariel Appreciation Fund' first-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the first quarter, investors fled to shelter as hopes for another year of U.S. outperformance, driven by economic momentum and the new administration's pro-business approach swiftly gave way to tariff fears and policy uncertainty, causing most of the major U.S. indices to close the quarter in the red. Against this backdrop, the fund returned -6.94% in the first quarter underperforming the Russell Midcap Value Index's -2.11% returns, and the Russell Midcap Index's -3.40% returns. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Ariel Appreciation Fund highlighted stocks such as ADT Inc. (NYSE:ADT), in the second quarter 2024 investor letter. ADT Inc. (NYSE:ADT) is a leading provider of security, interactive, and smart home solutions to residential and small business customers. The one-month return of ADT Inc. (NYSE:ADT) was -6.46%, and its shares gained 20.75% of their value over the last 52 weeks. On April 21, 2025, ADT Inc. (NYSE:ADT) stock closed at $7.68 per share with a market capitalization of $6.666 billion. Ariel Appreciation Fund stated the following regarding ADT Inc. (NYSE:ADT) in its Q1 2025 investor letter: "Leading provider of automated security solutions ADT Inc. (NYSE:ADT) also traded higher on solid earnings results. Despite the challenging macro backdrop, the company is demonstrating pricing power, a historically low attrition rate and growing free cash flow generation. Notably, ADT continues to improve its balance sheet through significant debt reduction. Management expects to maintain this momentum into 2025 with strong cash flow growth as well as a new share repurchase plan. With ADT's industry-leading brand and national presence, coupled with its Google and State Farm strategic partnerships, the company is well-positioned to be a prime beneficiary of growing demand for smart home technologies, including fully monitored residential security." A technician demonstrating a security solution for a corporate office. ADT Inc. (NYSE:ADT) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 31 hedge fund portfolios held ADT Inc. (NYSE:ADT) at the end of the fourth quarter which was 26 in the previous quarter. ADT Inc.'s (NYSE:ADT) total revenue was $1.3 billion for the fourth quarter and $4.9 billion for the full year, up 5%. While we acknowledge the potential of ADT Inc. (NYSE:ADT) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. In another article, we covered ADT Inc. (NYSE:ADT) and shared the list of worst affordable stocks to buy under $10. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
