Barington Capital’s chairman of the board, president, and CEO is James Mitarotonda. He has served as a director of The Eastern Company and Rambus Inc. in the public sector. Before that, he worked as a director for a number of companies, including Avon Products. He previously worked in operations at Bloomingdale’s and Citibank. He has a net worth of about $73 million and oversees a portfolio worth more than $100 million for his company. Finding undervalued companies, modifying their corporate strategy, improving operational process, and capital allocation are all part of Mitarotonda’s investing approach. The portfolio’s top 10 holdings account for 99.35% of the total, with investments primarily in the information technology, industrials, healthcare, and consumer staples sectors.
Insider Monkey discusses the 10 stocks to buy according to James Mitarotonda’s Barington Capital. Vornado Realty Trust invests largely in office buildings and street retail in Manhattan. The trust owns the New York Marriott Marquis, Crowne Plaza Hotel – Times Square, Fuller Building, and Hotel Pennsylvania, among other notable properties. Encompass Health Corporation is a post-acute healthcare services provider based in Alabama. EHC is owned by James Mitarotonda’s Barington Capital, which holds 25,000 shares. EHC’s rehabilitation institutions, hospice agencies, and in-home healthcare services are available in 36 states and Puerto Rico. Natura &Co Holding S.A. is a multinational cosmetics and personal care corporation. Natura Cosméticos, Aesop, The Body Shop, and Avon are just a few well-known brands that fall under the company’s umbrella. Cedar Realty Trust, Inc. is a real estate investment trust based in the United States that primarily invests in shopping centers in the Mid-Atlantic region. Millennium Management, led by Israel Englander, is the largest shareholder, with 237,892 shares worth $4 million. The American industrial company Textron Inc. is headquartered in Providence, Rhode Island. In 1923, it was founded as the Special Yarns Corporation, a textile manufacturer. With over 33000 people, the company is now valued at about $16 billion in the market. For more details, click 10 Stocks To Buy According To James Mitarotonda’s Barington Capital.