Our firm is owned by its partners including Chief Investment Officer Stephen Yacktman, Portfolio Managers Jason Subotky, Adam Sues, and Russell Wilkins, Chief Financial Officer Keith Thatcher, Chief Operating Officer James Carmody, founder Don Yacktman, and majority owner Affiliated Managers Group, Inc. Yacktman Asset Management is an affiliate of Affiliated Managers Group, Inc. (AMG), a publicly traded global asset management company with equity investments in leading boutique investment management firms, including Yacktman. Hes not the only market watcher whos been looking at PepsiCo, however. Buffalo Grove High School this week announced the largest single gift received in its 46-year history: $1 million that will be used to create a robotics, manufacturing and biomedical health care innovation lab. Donald Yacktman may not be a household name like Warren Buffett, but he holds a similar reputation among investors. On July 25, Don Yacktman announced that his son, Stephen Yacktman, had taken over as sole chief investment officer of Yacktman Asset Management, the subadvisor to Gold-rated Yacktman(YACKX) and Silver-rated Yacktman Focused (YAFFX). Photograph by Arturo Olmos. AMGs equity interest is structured so that Yacktman maintains operational autonomy. Whitepages people search is the most trusted directory. We know there's a huge job opportunity for them. The research blogger reviewed Oracles recent performance and describes it as a top-notch dividend growth idea on a forward-looking basis. Stating the bottom line on ORCL, the blogger says, Oracle has an attractive business model that drives a dependable recurring revenue stream. Copyright 2023 Morningstar, Inc. All rights reserved. Smith's wife is Hope Dworaczyk, a Playboy model, TV host and reality television personality. 2018 Township High School District 214. Courtesy of District 214, A 2,000-square-foot space inside Buffalo Grove High School will become a state-of-the-art robotics, manufacturing and biomedical health care innovation lab at the school, thanks to a generous donation from Class of 1988 alumnus Stephen Yacktman and his wife Ellyn. Don holds a B. S. Magna Cum Laude in economics from The University of Utah and an MBA with distinction from Harvard University. It is also the #9 holding of Yacktman Asset Management, comprising 3.34% of the total. Prince Harry left the audience of The Late Show in hysterics with a joke about host Stephen Colbert's wife during a surprise appearance. Texas Capitol View Corridor - 360 Lookout. Ploplys worked at District 214 for more than 30 years as a science educator teaching chemistry and physics, and retired in 2003. Steve was a finalist for Morningstars Domestic-Stock Manager of the Year award in 2011. Kitchen Possible empowers kids in Chicago, CA to see more snow as it recovers from back-to-back winter storms, Closing arguments begin after jurors visit Murdaugh crime scene | LIVE. But that didnt come through, Brian recalls. Other names that Stephen uses includes Stephen Andrew Yacktman, Stephen A Yacktman, Stephen A Yackman and Stephen Yackthman. He will continue to contribute ideas as a member of the portfolio team. Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. The analyst ratings on USB are 4 Buys, 4 Holds, and 1 Sell, giving a Moderate Buy on consensus. The teacher and student reconnected eight years ago when Ploplys called to inquire about a fund Yacktman administers. Being a food wholesaler, Sysco is another defensive play for Yacktman. Courtesy of Northwest Suburban High School District 214. And it shows we can stand on our own two feet.. Stephen Yacktman is officially on a stock-buying strike in the U.S. "We've been willing before to go down with the ship and say, . Alan Topfer's House. Buffalo Grove High School alumnus Stephen Yacktman, right, made a $1 million donation to the school for a science lab that will be named for his former teacher, Saulius Ploplys. The $1.2 billion fund had more than $220 million in net inflows in the six months from October 2012 through March 2013, according to Morningstar data. Don was a co-manager for AMG Yacktman Focused Fund and AMG Yacktman Fund until 2016. Working with the District 214 Education Foundation, Class of 1988 alumnus Stephen Yacktman and his wife Ellyn donated the $1 million in June. Mr. Sues is Partner and Portfolio Manager at Yacktman Asset Management. Today, Stephen is the fund's. Yacktman Asset Management LP is the successor to Yacktman Asset Management Co., which was founded in 1992. Richard Sackler's House (Former) Alex Jones' House. Chief Investment Officer Stephen Yacktman leads our experienced investment team. Mr. Frock is Senior Analyst /Trader. 67 WALL STREET, New York - May 13, 2014 - The Wall Street Transcript has just published its Investing Strategies Report offering timely interviews with professional portfolio managers for serious . Stephen. "My hope is that this new lab will help Buffalo Grove students develop workforce skills and provide training that leads them to careers of all kinds," Yacktman said, noting the demand for skilled workers in areas like manufacturing. Keith began his career with KPMG. The District 214 Education Foundation is a 501(c)(3) nonprofit organization supporting student success, innovation and lifelong learning beyond the limitations of conventional funding for public education. Over the past 15-, 10-, and five-year periods, the Yacktman Fund has been the top-performing large-cap blend fund, according to Morningstar Inc. Donald Yacktman and his son, Stephen. Value investors Stephen Yacktman and Jason Subotky, co-managers of the AMG Yacktman Focused fund, hear echoes of 1998 these days. Previously, Stephen was a Manager at AMG and also held positions at Brigham Young University. Hes also sanguine about the restricted use of the family name. Maintaining independence and editorial freedom is essential to our mission of empowering investor success. Previous to that he held senior finance and accounting roles at Financial Industries Corporation, Concero, Tanisys Technology, and Kinetic Concepts. Working with the District 214 Education Foundation, Class of 1988 alumnus Stephen Yacktman and his wife Ellyn donated the $1 million in June. This will be the sixth of13 Artisan funds to close to new investors. In addition to the donation, Yacktman has offered his expertise and direction in creating an innovative and one-of-a-kind lab that he hopes will give students opportunities that will prepare them to leave high school college and career ready. At the end of March 2019, nearly 30% of its assets were there. More recently, Morgan Stanleys Keith Weiss reviewed ORCL and determined that he does not see the catalysts needed to drive the stock higher this year. He gives the stock a 2.4% upside, with a $53 price target. From Oppenheimer, five-star analyst Chris Kotowski set out the bullish case, focusing on US Bancorps strong leverage position: The company again delivered positive operating leverage in the quarter and we expect it will continue to do so. 7,745 views. The YCG Enhanced Fund, which employs options strategies to reduce risk for its portfolio of around 30 stocks, has been doing that with finesse. In addition to the funding he provided, he has offered expertise and direction in creating a lab that will be innovative and one-of-a-kind, ensuring students have opportunities to try new things and leave high school college and career ready. editorial policies. Buffalo Grove High School alumnus Stephen Yacktman, right, made a $1 million donation to the school for a science lab that will be named for his former teacher, Saulius Ploplys. Courtesy of Northwest Suburban High School District 214, Paddock Publications, Inc. is an Employee-Owned Company. Stephen's current home is located at Austin, TX. Who is Stephen A. Smith's wife? Yacktman has no control of the content or data shown on this site, and while Yacktman has no reason to doubt the reliability of the data shown, its accuracy is not guaranteed. Furthermore, Yacktman takes no responsibility for the accuracy or factual correctness of any information posted to third party web sites. Stephen Yacktman and Jason Subotky have been the leads on this strategy well before Don Yacktman officially stepped down in 2016. Oracle is a leader in database software, database management systems, and cloud systems. I wrote this article myself, and it expresses my own opinions. He founded Yacktman Asset Management in 1993, and has steered the company ever since. Privacy Policy and Join to connect BYU . Also, Mario Gabelli makes a very large gift to his alma mater. Thank you for your interest in Yacktman Asset Management. Geoff Hangartner's House. He graduated from Brigham Young University with an economics degree and MBA. The link you have selected is located on another web site. If you have an ad-blocker enabled you may be blocked from proceeding. The university now has raised about $500 million for the new campus, which would be part of Columbia Universitys Manhattanville complex in New York City, according to a report from Reuters. Stephen Yacktman is Chief Investment Officer and Portfolio Manager of Yacktman Asset Management. "This is an incredible gift that pays tribute to the education Mr. Yacktman received in our schools and also funds future generations of students," said Erin Brooks, District 214 Education Foundation executive director. AMG does not have any role in the day-to-day management of Yacktman. For one thing, the Yacktman Fund may have large chunks of money in cash when its managers think stocks are overvalued. But honestly as a public high school, we didn't have the funds to really fill out the space with the technology and equipment that we need so our kids are really ready for the industry. On July 25, Don Yacktman announced that his son, Stephen Yacktman, had taken over as sole chief investment officer of Yacktman Asset Management, the subadvisor to Gold-rated Yacktman (. Provide specific products and services to you, such as portfolio management or data aggregation. Oracles annualized dividend yield is 1.47%, giving a payout of 76 cents per share. King and Bailey will support manager Chad Horning, who has led the funds since their December 2009 inception. The average price target is $57, and the current share price is $51, suggesting an upside to 11%. And then the third thing is, over a cycle, beating the S&P 500 -not necessarily year by year, but over a cycle. A steady dividend is part of that return on investment. The company consistently turns up to 10% of its profits into free cash flow, and is a reliable dividend stock with a 3.2% annualized payout. Though his professional career he said he's maintains a passion for manufacturing, engineering, science and technology. Donald, 78, pioneered a contrarian, deep-value style of investing that focused on unloved corners of the market. A Buffalo Grove High School alumnus has donated $1 million to support the creation of a state-of-the-art robotics, manufacturing and biomedical healthcare innovation lab at the school. She joined Yacktman in 2013. "We are truly inspired by the generosity of this contribution, and the opportunities it will provide for Buffalo Grove High School. The members of this committee represent senior leadership and support by participating on the Operations Committee, Compliance Committee, Trading Committee, and Investment Committee. We provide a platform for our authors to report on investments fairly, accurately, and from the investors point of view. While in school, Jon worked independently as a research analyst publishing stock write-ups emphasizing fundamental analysis. The best result we found for your search is Stephen Andrew Victor Yacktman age 50s in Kihei, HI in the Wailea neighborhood. He was also the CIO and head analyst at the student-run Silicon Valley Fund. And now, just that fast, we can.". Don was nominated by Morningstar as Fund Manager of the Decade in 2009 and was a finalist for Morningstars Domestic-Stock Manager of the Year award in 2011. Prior to joining the Firm in 2013, Keith worked at Bridgepoint Consulting LLC, where he was a CFO-level consultant for various companies. The donation is made in honor of Yacktman's former AP Physics instructor, Saulius Ploplys, who retired in 2003. A look at Yacktman Assets top ten holdings shows a highly diverse portfolio, perhaps with a bent toward food staples. In a pre-recorded segment for the show, the Duke of Sussex . "We are truly inspired by the generosity of this contribution, and the opportunities it will provide for Buffalo Grove High School. A Columbia Business School alum and noted mutual fund manager who was named Morningstar's 1997 Domestic-Stock Fund Manager of the Year, Gabelli will join forces with Pequot Capital Management founder Arthur Samberg, who has agreed to donate $25 million to the new facility. The Yacktman fund has done better, although Don Yacktman has now retired. As a result, the lab will be named for Ploplys and his legacy. There was an error logging in. When Brian Yacktman left his fathers firm to strike out on his own, he was expecting a friend to deliver $65 million in assets to manage. Stephen Yacktman is Chief Investment Officer, Partner, and Portfolio Manager of Yacktman Asset Management. We're expecting increasing visibility and strong free cash flow generation to lead robust dividend growth.. From 2010-2013, he was the founder and author of Value Uncovered, an investment website focused on value-oriented stock research and fundamental analysis. When it comes to investing, Donald, Stephen and Brian Yacktman share a long family tradition. We make an investment with the intention of making money. Stephen Yacktman Student at BYU Provo, Utah, United States. The annual yield of 2.88% puts it closer to Pepsi than to Oracle or Sysco, and the payout is $1.48 per share. These products and services are usually sold through license agreements or subscriptions. They struck up a conversation and Yacktman soon invited Ploplys to join him and his family on a zero-gravity airplane flight. Daten ber Ihr Gert und Ihre Internetverbindung, wie Ihre IP-Adresse, Browsing- und Suchaktivitten bei der Nutzung von Yahoo Websites und -Apps. It is another positive sign that the fund's parent company is continuing to emphasize shareholders' interests over asset growth. A. in Business Administration from Mount Union College and an MBA from the University of North Carolina Kenan-Flagler Business School. Stephen is related to Robert Andrew Yacktman and Natasha Faye Cotton as well as 2 additional people. Your exam is being submitted. In retrospect, starting his business just before the financial market crash in 2008 turned out to be more of a blessing than a curse. Jason is a member of the Management Committee. It is also the first Artisan fund to close to new investors since the fund's advisor, Artisan Partners Asset Management, went public earlier this year. Durch Klicken auf Alle akzeptieren erklren Sie sich damit einverstanden, dass Yahoo und unsere Partner Ihre personenbezogenen Daten verarbeiten und Technologien wie Cookies nutzen, um personalisierte Anzeigen und Inhalte zu zeigen, zur Messung von Anzeigen und Inhalten, um mehr ber die Zielgruppe zu erfahren sowie fr die Entwicklung von Produkten. The student and teacher still stay in touch, having taken a zero-gravity airplane flight together. He is currently the #5 rated hedge fund manager in the TipRanks database, with a portfolio valued over $8 billion, which has gained 137% over the last six years. I have no business relationship with any company whose stock is mentioned in this article. Heptagon Yacktman U.S. Equity Fund had . As part of the deal with AMG, Brian Yacktman cannot attach his familys name to his business or mutual funds. Steve was a finalist for Morningstar's Domestic-Stock Manager of the Year award in 2011. The District 214 Education Foundation is a 501(c)(3) nonprofit organization supporting student success, innovation and lifelong learning beyond the limitations of conventional funding for public education. The common denominator in all of these stocks is the dividend factor. "This is an incredible gift that pays tribute to the education Mr. Yacktman received in our schools and also funds future generations of students," said Erin Brooks, District 214 Education Foundation executive director. Copyright 2023 WLS-TV. "My hope is that this new lab will help Buffalo Grove students develop workforce skills and provide training that leads them to careers of all kinds," Yacktman said, who said there is a demand for skilled workers in areas like manufacturing. Stephen received a B. S. degree from Brigham Young and a MBA from Brigham Young University. 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