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:
Lear Corporation (NYSE: LEA)
Lear designs, develops, and manufactures automotive seating and electrical systems and components. Seating components include frames and mechanisms, covers (leather and woven fabric), foam, and headrests. Automotive electrical distribution systems and major electrical and electronic components include wiring harnesses, terminals and connectors, junction boxes, electronic control modules, wireless control devices, interior and exterior LED lighting systems, and audio systems and electronics.
A quick look at the price chart below for Lear Corporation shows us that the stock is down 8% in the past twelve months. We currently have the stock trading on an Acquirer’s Multiple of 6.74 which means that it remains undervalued.
(Source: Morningstar)
Superinvestors who currently hold positions in Lear Corporation include:
Rich Pzena – 4,191,481 total shares
Cliff Asness – 744,725 total shares
Steve Cohen – 125,761 total shares
Joel Greenblatt – 41,260 total shares
Jim Simons – 39,800 total shares
Ken Griffin – 35,356 total shares
Ray Dalio – 12,465 total shares
Alexander Roepers – 11,162 total shares
John Paulson – 10,116 total shares
Paul Tudor Jones – 8,074 total shares
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