This Acquirers Multiple Stock Appearing In Dalio, Gayner, Greenblatt Portfolios

Part of the weekly research here at The Acquirer’s Multiple features some of the top picks from our Stock Screeners and some top investors who are holding these same picks in their portfolios. Investors such as Warren Buffett, Joel Greenblatt, Carl Icahn, Jim Simons, Prem Watsa, Jeremy Grantham, Seth Klarman, Ray Dalio, and Howard Marks. The top investor data is provided from their latest 13F’s. This week we’ll take a look at:

CVS Health Corp (CVS)

CVS Health offers a diverse set of healthcare services. Its roots are in its retail pharmacy operations, where it operates over 9,000 stores primarily in the U.S. CVS is also the largest pharmacy benefit manager (acquired through Caremark), processing over 2 billion adjusted claims annually. It also operates a top-tier health insurer (acquired through Aetna) where it serves about 24 million medical members. The company’s pending acquisition of Oak Street will add primary care to the mix, which could have significant synergies with all its existing business lines.

A quick look at the price chart below shows us that the stock is down 30.54% in the past twelve months. We currently have the stock trading on an Acquirer’s Multiple of 9.00 which means that it remains undervalued.

CVS data by YCharts

(Shares)

Cliff Asness – 4,707,148

Ray Dalio – 2,473,770

Ken Griffin – 1,327,593

Bernard Horn – 659,900

Tom Gayner – 332,000

Mario Gabelli – 303,162

Joel Greenblatt – 176,299

Chuck Royce – 43,500

Steve Cohen – 16,318

Prem Watsa – 15,000