That changed in the first quarter when the Yacktman Focused Fund (Trades, Portfolio) returned 8.48%, outpacing the 6.07% gain in the S&P 500 index. As the robust market pushed stocks higher, Yacktman Fund (Trades, Portfolio)s sold more shares than it bought. It also ended a losing investment in Apollo Education (APOL) after more than six years for roughly 39% less than what it paid. Yacktman Asset Management bought 15,200 shares of the company, whose average share price during the first quarter was $69. Express Scripts has several valuation ratios that would signal to a firm seeking low valuations; its 11.26 price-earnings ratio is near a 10-year low, its 2.33 price-book ratio near a three-year low and its 0.38 price-sales ratio near a 10-year low.

Source: Forbes May 03, 2017 20:26 UTC