Activitist investor Bill Ackman buys Wendy's International Inc., adds Target Corp. and Sears Holdings Corp.during the 3-months ended 03/31/2008, according to the most recent filings of his investment company, Pershing Square Capital Management, L.P.. Bill Ackman owns 7 stocks with a total value of $2.3 billion. These are the details of the buys and sells.
New Purchases: WEN,
Added Positions: SHLD, TGT,
Reduced Positions:
Sold Out:
For the details of 's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=
Added: Target Corp. (TGT, Financial)
Bill Ackman added to his holdings in Target Corp. by 217.27%. His purchase prices were between $47.83 and $56.76, with an estimated average price of $51.4. The impact to his portfolio due to this purchase was 35.61%. His holdings were 23,992,949 shares as of 03/31/2008.
Target Corporation operates large-format general merchandise and food discount stores under the brand names of "Target" and "SuperTarget" in the United States. Target Corp. has a market cap of $44.62 billion; its shares were traded at around $54.88 with a P/E ratio of 16.45 and P/S ratio of 0.71. The dividend yield of Target Corp. stocks is 1%.
Bill Ackman also owns Call options of Target Corp.
Added: Sears Holdings Corp. (SHLD, Financial)
Bill Ackman added to his holdings in Sears Holdings Corp. by 9.7%. His purchase prices were between $89.43 and $108.31, with an estimated average price of $98.3. The impact to his portfolio due to this purchase was 2.6%. His holdings were 6,746,568 shares as of 03/31/2008.
Sears Holdings Corp. has a market cap of $12.56 billion; its shares were traded at around $94.91 with a P/E ratio of 16.64 and P/S ratio of 0.25.
New Purchase: Wendy's International Inc. (WEN, Financial)
Bill Ackman initiated holdings in Wendy's International Inc.. His purchase prices were between $22.74 and $25.02, with an estimated average price of $23.8. The impact to his portfolio due to this purchase was 7.04%. His holdings were 7,144,099 shares as of 03/31/2008.
Wendy's International, Inc., together with its subsidiaries, engages in the operation, development, and franchising of quick-service restaurants. Wendy's International Inc. has a market cap of $2.47 billion; its shares were traded at around $28.3 with a P/E ratio of 32.31 and P/S ratio of 1.00. The dividend yield of Wendy's International Inc. stocks is 1.8%.
New Purchases: WEN,
Added Positions: SHLD, TGT,
Reduced Positions:
Sold Out:
For the details of 's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=
Added: Target Corp. (TGT, Financial)
Bill Ackman added to his holdings in Target Corp. by 217.27%. His purchase prices were between $47.83 and $56.76, with an estimated average price of $51.4. The impact to his portfolio due to this purchase was 35.61%. His holdings were 23,992,949 shares as of 03/31/2008.
Target Corporation operates large-format general merchandise and food discount stores under the brand names of "Target" and "SuperTarget" in the United States. Target Corp. has a market cap of $44.62 billion; its shares were traded at around $54.88 with a P/E ratio of 16.45 and P/S ratio of 0.71. The dividend yield of Target Corp. stocks is 1%.
Bill Ackman also owns Call options of Target Corp.
Added: Sears Holdings Corp. (SHLD, Financial)
Bill Ackman added to his holdings in Sears Holdings Corp. by 9.7%. His purchase prices were between $89.43 and $108.31, with an estimated average price of $98.3. The impact to his portfolio due to this purchase was 2.6%. His holdings were 6,746,568 shares as of 03/31/2008.
Sears Holdings Corp. has a market cap of $12.56 billion; its shares were traded at around $94.91 with a P/E ratio of 16.64 and P/S ratio of 0.25.
New Purchase: Wendy's International Inc. (WEN, Financial)
Bill Ackman initiated holdings in Wendy's International Inc.. His purchase prices were between $22.74 and $25.02, with an estimated average price of $23.8. The impact to his portfolio due to this purchase was 7.04%. His holdings were 7,144,099 shares as of 03/31/2008.
Wendy's International, Inc., together with its subsidiaries, engages in the operation, development, and franchising of quick-service restaurants. Wendy's International Inc. has a market cap of $2.47 billion; its shares were traded at around $28.3 with a P/E ratio of 32.31 and P/S ratio of 1.00. The dividend yield of Wendy's International Inc. stocks is 1.8%.
