This Acquirers Multiple Stock Appearing In Marks, Grantham, Ainslie 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:

Petroleo Brasileiro ADR (NYSE: PBR)

Petrobras is a Brazil-based integrated energy company controlled by the Brazilian government. The company focuses on exploration and production for oil and gas in Brazilian offshore fields. Production in 2020 was 2.8 million barrels of oil equivalent a day (83% oil production), and reserves stood at 8.8 billion boe (86% oil). Petrobras operates 13 refineries in Brazil with capacity of 2.2 million barrels a day and distributes refined products and natural gas throughout Brazil.

A quick look at the price chart below for the company shows us that the stock is down 3% in the past twelve months. We currently have the stock trading on an Acquirer’s Multiple of 3.13, which means that it remains undervalued.

(Source: Morningstar)

Superinvestors who currently hold positions in the company include:

(Shares)

Ken Fisher – 43,791,758

Howard Marks – 8,800,432

Israel Englander – 2,115,546

Jeremy Hosking – 1,547,803

Jeremy Grantham – 722,600

D E Shaw – 378,835

Cliff Asness – 121,043

Jim O’Shaughnessy – 113,042

Lee Ainslie – 101,615