Long Term Returns of Nelson Peltz’s 5 Activist Targets

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1. Tiffany & Co. (NYSE:TIF)  

Activist Investment: 2007
Long Term Returns Since Peltz’s Investment: 66.67%
S&P 500 Gain Since Peltz’s Investment: 48.49%

Tiffany & Co. (NYSE:TIF) is an American jewelry and specialty design company. Peltz first disclosed a 5.5% stake in the jewelry chain in 2007 after the stock had rallied by more than 60%.

Despite the massive rally, Trian Partners insisted that the company’s stock was highly undervalued. The hedge fund’s primary goal was to help the company improve its margins and earnings per share growth.

The activist investor also planned to address operational and strategic issues, including global expansion opportunities and evaluating non-core business. However, the activist investor never sought any seat on the board and did not wage any proxy battle.

Trian Partners exited its holdings in Tiffany & Co. (NYSE:TIF) in the second quarter of 2016.

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