Red Mountain Capital LLC is an investment manager that focuses its investments on small cap public companies. The firm employs private equity approach, going as far as partnering with the management boards of the companies it invests in so as to increase their market values. The top 3 holdings of Red Mountain Capital LLC for the period ended September 30, 2014, according to is SEC 13F filings are Air Transport Services Group Inc. (NASDAQ:ATSG), Encore Capital Group, Inc. (NASDAQ:ECPG), and Nature’s Sunshine Prod. (NASDAQ:NATR).
The largest percentage of the investments of Red Mountain Capital LLC went to Air Transport Services Group Inc. (NASDAQ:ATSG), which accounted for $81.19 million in investment value. Air Transport Services Group Inc. (NASDAQ:ATSG) is an American provider of air cargo transportation services. Red Mountain Capital led the list of the biggest holders of the company with a total of 11.52 million shares. The company was followed by Prescott Group Capital Management with a total of 6.17 million shares. (You can see complete list on hedge funds which hold positions on Air Transport Services Group Inc. (NASDAQ:ATSG) at the end of the third quarter).
Encore Capital Group, Inc. (NASDAQ:ECPG) came forth as the second largest investment of the firm, representing $59.02 million in investment value. Encore Capital Group, Inc. (NASDAQ:ECPG) is a company whose main activity is debt buying and recovery. The company buys specific portfolios of defaulted consumer receivables from financial institutions, utility providers, among others. Four analysts that recently covered the stock have given it a short term price target of $56, with an allowable deviation of $5.29.
Nature’s Sunshine Prod. (NASDAQ:NATR) closed the top three bracket of Red Mountain Capital LLC holdings, with a total of $35.71 million in value. Nature’s Sunshine Prod. (NASDAQ:NATR) is a Lehu, Utah-based producer of personal care products and encapsulated natural health supplements that include herbs, minerals, vitamins, and more. The current top three institutional shareholders of the company are Shanghai Fosun Pharmaceutical Group (17.62%), RED MOUNTAIN CAPITAL PARTNERS LLC (12.74%), and Prescott Group Capital Management L.L.C. (9.87%).
This article has been written by Victor Ochieng.
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