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:
Verso Corp (NYSE: VRS)
Verso Corp is a North American producer of printing papers, specialty papers, and pulp. The company produces a wide range of paper products, including coated freesheet, coated groundwood, coated digital, inkjet, supercalendered, and uncoated freesheet. These paper products are used primarily in media and marketing applications, such as catalogs, magazines, advertising brochures, and annual reports. The company also sells kraft pulp, which is used to manufacture tissue products and printing and writing grade paper; however, the group derives the majority of its revenue from its paper products.
A quick look at the price chart below for Verso Corp shows us that the stock is down 54% in the past twelve months. We currently have the stock trading on an Acquirer’s Multiple of 2.95 which means that it remains undervalued.
(Source: Google Finance)
Super-investors who currently hold positions in Verso Corp include:
Howard Marks – 1,976,281 total shares
Chuck Royce – 1,018,500 total shares
Jeremy Grantham – 410,200 total shares
Cliff Asness – 368,601 total shares
James O’Shaughnessy – 186,895 total shares
Joel Greenblatt – 175,815 total shares
Steve Cohen – 32,743 total shares
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