First American Financial Corp (NYSE:FAF), Bristow Group Inc (NYSE:BRS), Lazard Ltd (NYSE:LAZ) are the top three stock holdings of Ariel Investments, as per its recent SEC 13F filing. The investment manager has a current investment portfolio of $7.75 billion, in accordance with recent SEC 13F filing, with its primary investments in services, finance, and industrial goods sector.
First American Financial Corp (NYSE:FAF) is the largest stock holding of Ariel Investments with 10,395,183 shares of the group at an estimated market value of $281 million. First American Financial Corp (NYSE:FAF) announced its third quarter 2014 financial results with net revenues of $1.3 billion and net income of $80.7 million for the quarter. Some of the primary investors of First American Financial Corp (NYSE:FAF) include Ariel Investments, Odey Asset Management Group, and Basswood Capital. The shares of First American Financial are trading at $34.02 with current P/E ratio of 18.09.
Bristow Group Inc (NYSE:BRS) comes at number two in the investment portfolio of Ariel Investments, which owns 4,074,155 shares of the company at an estimated market value of $273 million. Bristow Group Inc (NYSE:BRS) reported net income of $26.1 million for its second quarter 2015 along with net revenues of $475 million. Ariel Investments, Millennium Management, and Park West Asset Management are among the primary investors of Bristow Group Inc (NYSE:BRS). (Click here to find out the complete list of investors investing in Bristow Group at the end of third quarter 2014)
Ariel Investments has its third largest stock investments in Lazard Ltd (NYSE:LAZ) with 4,852,010 shares of the company at an estimated market value of $245 million. Lazard Ltd (NYSE:LAZ) announced net operating revenues of $583 million and U.S GAAP net income of $89 million. Some of the primary investors of Lazard Ltd (NYSE:LAZ) include Trian Partners, Ariel Investments, and Fisher Asset Management. The shares of Lazard Ltd are trading at $45.80 with current P/E ratio of 19.81.
This article has been written by Prakash Pandey.
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