This Acquirers Multiple Stock Appearing In Simons, Greenblatt, Pzena 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:

Verizon Communications Inc (VZ)

Verizon is primarily a wireless business (nearly 80% of revenue and nearly all operating income). It serves about 93 million postpaid and 23 million prepaid phone customers (following the acquisition of Tracfone) via its nationwide network, making it the largest U.S. wireless carrier. Fixed-line telecom operations include local networks in the Northeast, which reach about 25 million homes and businesses, and nationwide enterprise services.

A quick look at the price chart below shows us that the stock is down 32.67% in the past twelve months. We currently have the stock trading on an Acquirer’s Multiple of 10.50 which means that it remains undervalued.

VZ data by YCharts

(Shares)

Cliff Asness – 4,875,829

John Rogers – 3,610,631

Israel Englander – 2,735,063

Ken Griffin – 916,967

Joel Greenblatt – 250,897

Steve Cohen – 236,728

Rich Pzena – 230,539

Jim Simons – 162,023

Ken Fisher – 151,649

Mario Gabelli – 143,187