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Donald Yacktman Boosts Stake in Hengan International Group

- By Kyle Ferguson

Guru Donald Yacktman (Trades, Portfolio) is the founder of the Yacktman Asset Management and was also named Portfolio Manager of the Year by Morningstar in –99–. During the first quarter, Yacktman� added to his stake in Hengan International Group to the� Yacktman Focused Fund (Trades, Portfolio).


9–—597……8.png
9–—597……8.png

Hengan International Group was established in –985. The company is mainly engaged in the manufacturing, distribution and sale of personal hygiene products (including sanitary napkins products, disposable diapers products and tissue papers products) and food and snack products in China, Hong Kong and certain overseas markets.

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Hengan International Group has a market cap of HK$89.…– billion, a P/E ratio of —–.7…, an enterprise value of HK$98.6 billion and a P/B ratio of 4.88.

Below is a Peter Lynch Chart for Hengan International Co. Ltd.

–46–5—84–85…5.png
–46–5—84–85…5.png

Hengan International Group has two good signs according to GuruFocus. The company is in operating expansion and the dividend yield is close to a –…-year high at —.89%.

Yacktman likely increased his stake in Hengan International Group because of how strong the company's financial statements are. During the previous –… years, the company revenue has grown an average rate of —5.4…% annually. Hengan International's book value has also grown at an average rate of —4.–…% annually over the previous –… years, which is a great sign. The company has also seen significant growth in EBITDA at a rate of of ‘–.—…% over the previous –… years. All of these are good signs that could have influenced Yacktman's decision to add to his stake during the quarter.

Cheers to your investment success.

Disclosure: Author does not own any shares of this stock.

This article first appeared on GuruFocus.