CDK Global Inc
The price-to-sales ratios of CDK Global, Autodesk, Nuance, DST Systems, and Solera are 3.9x, 5.2x, 2.8x, 1.6x, and 3.2x, respectively.
After releasing its 1Q16 earnings report, CDK Global rose by 0.53% to close at $50.82 per share as of November 3, 2015.
In 4Q14, around 112 hedge funds created a new position in Priceline Group—including Eton Park. Its other top new positions were CDK Global, EQT, and KLX.
OZ Management commenced a stake in CDK Global Inc. (CDK) by purchasing 4,521,952 shares of the company, representing 0.5% of the fund’s 4Q14 portfolio.
Ascend Capital increased its position in CDK Global Inc. (CDK). It represented 1.85% of the total portfolio in 4Q14—up from 0.15% in the third quarter.
Ascend Capital started a new position in PVH Corp. (PVH). The fund bought 275,963 shares worth $35 million. It accounts for 1.36% of the hedge fund’s total portfolio.
CDK Global has an increasing focus on utilizing big data analytics and predictive intelligence.
Dorian LPG’s customers include global energy companies such as Statoil and Shell, commodity traders such as Petredec, and industrial users.
Energy & Utilities
CalPERS noted that it has recovered approximately $900 million to date from settlements related to investment losses sustained during the financial crisis.