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:
MSG Networks Inc (NYSE: MSGN)
MSG Networks Inc is engaged in sports production, and content development and distribution. It owns and operates two regional sports and entertainment networks, MSG Network and MSG+, collectively MSG Networks. Its networks are distributed throughout its territory, which includes all of New York State and significant portions of New Jersey and Connecticut, as well as parts of Pennsylvania. The company generates revenues from affiliate fees charged to distributors for the right to carry its programming networks, as well as from the sale of advertising.
A quick look at the price chart below for MSG Networks shows us that the stock is down 40% in the past twelve months. We currently have the stock trading on an Acquirer’s Multiple of 6.01 which means that it’s undervalued.
(Source: Morningstar)
Superinvestors who currently hold positions in MSG Networks include:
John Rogers – 9,255,161 shares
Mario Gabelli – 1,963,498 shares
Ken Griffin – 350,427 shares
Jim Simons – 257,600 shares
Murray Stahl – 88,567 shares
Bill Miller – 74,000 shares
Joel Greenblatt – 70,498 shares
Jim O’Shaughnessy – 48,937 shares
Roger Ibbotson – 48,840 shares
Paul Tudor Jones – 17,703 shares
Cliff Asness – 14,988 shares
Chuck Royce – 3,074 shares
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