David Dreman Buys Synaptics Inc., Tutor Perini Corp., Jarden Corp., Sells Autoliv Inc., Lincare Holdings Inc., Noble Energy Inc.
In his latest Forbes column, contrarian investor David Dreman is bullish. He thinks that the economy will recover, as it always did. “One thing that isn't different is the economy's thirst for energy.” This is his third quarter portfolio update.
09/30/2009, according to the most recent filings of his investment company, Dreman Value Management. David Dreman owns 292 stocks with a total value of $3.8 billion. These are the details of the buys and sells.
- New Purchases: AXS, BIG, BKC, BP, CFN, CSH, CTL, DSX, EOG, ESI, GRS, HRS, ITG, JAH, JAKK, OMG, PBI, PDLI, PL, Q, SLE, SNPS, SPR, SYMC, SYNA, TGH, TPC, UEPS, VRSN,
- Added Positions: ACI, ALSK, AWH, B, BCO, CAH, EAT, EMR, ESV, ETN, FRX, FST, GD, IWA, KEY, LLY, LXK, MCF, MMM, NAFC, NVE, OMI, PNC, PTP, RGS, RX, STT, STZ, TEG, WFC,
- Reduced Positions: AMED, ARW, CBS, GRMN, HCC, JOYG, KBE, LECO, PFE, R, SPLS, VTR,
- Sold Out: ALV, ASBC, BEZ, BJS, BRS, BTU, CAT, CBE, CINF, CX, DKS, DWA, FCX, FNA, IAG, LM, LNCR, NBL, NPBC, NSM, ORI, PH, PRSP, SAFT, SIGI, SJM, UFCS, URS, WSH, ZION,
For the details of David Dreman's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=David+Dreman
This is the sector weightings of his portfolio:
| Industrials | 21.3% |
| Financials | 19.9% |
| Oil & Gas | 13.6% |
| Consumer Goods | 10.3% |
| Health Care | 8% |
| Consumer Services | 7.9% |
| Technology | 7.9% |
| Basic Materials | 5.7% |
| Utilities | 3.2% |
| Telecommunications | 1.6% |
These are the top 5 holdings of David Dreman, four of them are oil stocks.
- Anadarko Petroleum Corp. (APC) - 867,803 shares, 1.41% of the total portfolio
- Devon Energy Corp. (DVN) - 743,124 shares, 1.3% of the total portfolio
- ConocoPhillips (COP) - 998,202 shares, 1.17% of the total portfolio
- Altria Group Inc. (MO) - 2,498,096 shares, 1.16% of the total portfolio
- Apache Corp. (APA) - 464,910 shares, 1.11% of the total portfolio
Added: Lexmark International Inc. ( LXK)
David Dreman added to his holdings in Lexmark International Inc. by 12775.8%. His purchase prices were between $14.48 and $22.26, with an estimated average price of $18. The impact to his portfolio due to this purchase was 0.71%. His holdings were 1,290,159 shares as of 09/30/2009.
Lexmark International, Inc. makes it easier for businesses and consumers to move information between the digital and paper worlds. In doing so, they are guided by a simple vision: Customers For Life. To earn its customers' loyalty, they listen to them, anticipate their needs and act to create value in their eyes. Lexmark International Inc. has a market cap of $2.06 billion; its shares were traded at around $26.32 with a P/E ratio of 9.3 and P/S ratio of 0.5. Lexmark International Inc. had an annual average earning growth of 7.1% over the past 10 years.
Added: Owens & Minor Inc. ( OMI)
David Dreman added to his holdings in Owens & Minor Inc. by 109.15%. His purchase prices were between $42.65 and $45.84, with an estimated average price of $44.2. The impact to his portfolio due to this purchase was 0.29%. His holdings were 474,069 shares as of 09/30/2009.
Owens & Minor, Inc. is one of the nation's largest distributors of national name brand medical/surgical supplies. With distribution centers located throughout the United States, the company serves hospitals, integrated healthcare systems and group purchasing organizations. In addition to a diverse product offering, Owens & Minor offers innovative services in supply chain management, logistics and technology, helping customers control healthcare costs and improve inventory management. Owens & Minor Inc. has a market cap of $1.68 billion; its shares were traded at around $40.15 with a P/E ratio of 14.9 and P/S ratio of 0.2. The dividend yield of Owens & Minor Inc. stocks is 2.3%. Owens & Minor Inc. had an annual average earning growth of 3.2% over the past 10 years. GuruFocus rated Owens & Minor Inc. the business predictability rank of 3.5-star.
Added: Emerson Electric Co. ( EMR)
David Dreman added to his holdings in Emerson Electric Co. by 181.99%. His purchase prices were between $30.63 and $41.24, with an estimated average price of $36.18. The impact to his portfolio due to this purchase was 0.28%. His holdings were 411,922 shares as of 09/30/2009.
Emerson is engaged principally in the worldwide design, manufactureand sale of a broad range of electrical, electromechanical and electronicproducts and systems. The divisions of the company are organized into the following business segments based on the nature of the products and services provided: Process Control; Industrial Automation; Electronics and Telecommunications; Heating, Ventilating and Air Conditioning; and Appliance and Tools. Emerson Electric Co. has a market cap of $32.03 billion; its shares were traded at around $42.61 with a P/E ratio of 17.7 and P/S ratio of 1.5. The dividend yield of Emerson Electric Co. stocks is 3.2%. Emerson Electric Co. had an annual average earning growth of 5% over the past 10 years.
Added: Eaton Corp. ( ETN)
David Dreman added to his holdings in Eaton Corp. by 49.96%. His purchase prices were between $40.82 and $59.94, with an estimated average price of $52.3. The impact to his portfolio due to this purchase was 0.24%. His holdings were 485,130 shares as of 09/30/2009.
Eaton Corporation is a global diversified industrial manufacturer. Eaton is one of the leaders in fluid power systems, electrical power quality and controls, automotive air management and fuel economy, and intelligent truck components for fuel economy and safety. Eaton Corp. has a market cap of $10.7 billion; its shares were traded at around $64.6 with a P/E ratio of 28.1 and P/S ratio of 0.7. The dividend yield of Eaton Corp. stocks is 3.1%. Eaton Corp. had an annual average earning growth of 7.4% over the past 10 years.
Added: Integrys Energy Group Inc. (TEG)
David Dreman added to his holdings in Integrys Energy Group Inc. by 37.48%. His purchase prices were between $28.7 and $36.31, with an estimated average price of $33.54. The impact to his portfolio due to this purchase was 0.21%. His holdings were 810,687 shares as of 09/30/2009.
Integrys Energy Group is a diversified holding company with regulated utility operations operating through six wholly owned subsidiaries. These include the Wisconsin Public Service Corporation, The Peoples Gas Light and Coke Company, North Shore Gas Company, Upper Peninsula Power Company, Michigan Gas Utilities Corporation, and Minnesota Energy Resources Corporation; nonregulated operations serving the competitive energy markets through its wholly owned nonregulated subsidiary, Integrys Energy Services; and also a 34% equity ownership interest in American Transmission Company LLC (an electric transmission company operating in Wisconsin, Michigan, Minnesota, and Illinois). Integrys Energy Group Inc. has a market cap of $2.96 billion; its shares were traded at around $38.72 with a P/E ratio of 15.5 and P/S ratio of 0.2. The dividend yield of Integrys Energy Group Inc. stocks is 7%. Integrys Energy Group Inc. had an annual average earning growth of 1.4% over the past 10 years.
Added: Regis Corp. ( RGS)
David Dreman added to his holdings in Regis Corp. by 38.94%. His purchase prices were between $12.23 and $17.09, with an estimated average price of $14.68. The impact to his portfolio due to this purchase was 0.2%. His holdings were 1,734,641 shares as of 09/30/2009.
Regis Corporation is the beauty industry's global leader in beauty salons, hair restoration centers and cosmetology education. The Company ownes, franchised or held ownership interests in over twelve thousand four hundred worldwide locations. Regis' corporate and franchised locations operate under concepts such as Supercuts, Jean Louis David, Vidal Sassoon, Regis Salons, MasterCuts, Trade Secret, SmartStyle, Cost Cutters and Hair Club for Men and Women. In addition, Regis maintains ownership interests in various other salon concepts such as Cool Cuts four Kids, and the Beauty Takashi and Beauty Plaza concepts in Japan. System-wide, these and other concepts are located in the U.S. and in eleven other countries in North America, Europe and Asia. Regis also maintains a fifty percent ownership interest in Intelligent Nutrients, a joint venture that provides a wide variety of certified organic products for health and beauty. Regis Corp. has a market cap of $933.7 million; its shares were traded at around $16.35 with a P/E ratio of 9.4 and P/S ratio of 0.4. The dividend yield of Regis Corp. stocks is 1%. Regis Corp. had an annual average earning growth of 10.2% over the past 10 years. GuruFocus rated Regis Corp. the business predictability rank of 4.5-star.
Added: Brinker International Inc. ( EAT)
David Dreman added to his holdings in Brinker International Inc. by 41.19%. His purchase prices were between $13.79 and $18.33, with an estimated average price of $15.67. The impact to his portfolio due to this purchase was 0.2%. His holdings were 1,702,200 shares as of 09/30/2009.
Brinker International either owns, operates, franchises, or is involved in the ownership of restaurants under the names Chili's Grill & Bar, Romano's Macaroni Grill, On The Border Mexican Grill & Cantina, Maggiano's Little Italy, Cozymel's Coastal Grill, Corner Bakery Cafe, Big Bowl Asian Kitchen, and Rockfish Seafood Grill. Brinker International Inc. has a market cap of $1.45 billion; its shares were traded at around $14.17 with a P/E ratio of 10.1 and P/S ratio of 0.4. The dividend yield of Brinker International Inc. stocks is 3.1%. Brinker International Inc. had an annual average earning growth of 13.4% over the past 10 years. GuruFocus rated Brinker International Inc. the business predictability rank of 4.5-star.
Added: The Pnc Financial Services Group Inc. ( PNC)
David Dreman added to his holdings in The Pnc Financial Services Group Inc. by 36.06%. His purchase prices were between $34.17 and $47.99, with an estimated average price of $40.44. The impact to his portfolio due to this purchase was 0.19%. His holdings were 577,499 shares as of 09/30/2009.
The PNC Financial Services Group, Inc. is one of the nation's largest diversified financial services organizations, providing regional banking, corporate banking, real estate finance, asset-based lending, wealth management, asset management and global fund services. (Company Press Release) The Pnc Financial Services Group Inc. has a market cap of $25.51 billion; its shares were traded at around $55.29 with a P/E ratio of 20.6 and P/S ratio of 3.5. The dividend yield of The Pnc Financial Services Group Inc. stocks is 0.7%. The Pnc Financial Services Group Inc. had an annual average earning growth of 0.7% over the past 10 years.
Added: Contango Oil And Gas Co (MCF)
David Dreman added to his holdings in Contango Oil And Gas Co by 38.9%. His purchase prices were between $40.4 and $50.52, with an estimated average price of $45.42. The impact to his portfolio due to this purchase was 0.17%. His holdings were 458,855 shares as of 09/30/2009.
Contango Oil & Gas is a Houston-based, independent natural gas and oil company. The Company explores, develops, produces and acquires natural gas and oil properties primarily onshore in the Gulf Coast and offshore in the Gulf of Mexico. Contango Oil And Gas Co has a market cap of $736.2 million; its shares were traded at around $46.51 with a P/E ratio of 20.1 and P/S ratio of 3.9.
Added: Iowa Telecommunications Services Inc. (IWA)
David Dreman added to his holdings in Iowa Telecommunications Services Inc. by 37.52%. His purchase prices were between $11.16 and $13.26, with an estimated average price of $12.06. The impact to his portfolio due to this purchase was 0.15%. His holdings were 1,679,315 shares as of 09/30/2009.
Iowa Telecommunications Services, Inc. is the largest provider of wireline local exchange telecommunications services to residential and business customers in rural Iowa. Its core businesses are local telephone service and the provision of network access to other telecommunications carriers for calls originated or terminated on its network. In addition to the basic local service and network access businesses, it provides long distance service, dial-up and DSL Internet access. Iowa Telecommunications Services Inc. has a market cap of $409.2 million; its shares were traded at around $12.51 with a P/E ratio of 24.5 and P/S ratio of 1.6. The dividend yield of Iowa Telecommunications Services Inc. stocks is 13%.
Added: Arch Coal Inc. ( ACI)
David Dreman added to his holdings in Arch Coal Inc. by 19.73%. His purchase prices were between $13.91 and $23.61, with an estimated average price of $17.88. The impact to his portfolio due to this purchase was 0.14%. His holdings were 1,426,400 shares as of 09/30/2009.
ASHLAND COAL, INC. is engaged in the mining, processing and marketing of low-sulfur bituminous coal. The Company sells its coal primarily to electric utilities in the eastern United States. The Company also exports coal, primarily to European customers. Arch Coal Inc. has a market cap of $3.88 billion; its shares were traded at around $23.89 with a P/E ratio of 31.9 and P/S ratio of 1.3. The dividend yield of Arch Coal Inc. stocks is 1.5%.
Added: The Brink's Company (BCO)
David Dreman added to his holdings in The Brink's Company by 23.99%. His purchase prices were between $25.64 and $30.39, with an estimated average price of $27.62. The impact to his portfolio due to this purchase was 0.14%. His holdings were 1,036,605 shares as of 09/30/2009.
The Brink's Company is a global leader in business and security services. Their three main businesses are Brink's, Incorporated, the world's premier provider of secure transportation and cash management services; Brink's Home Security, one of the largest and most successful residential alarm companies in North America; and BAX Global, an industry leader in global supply chain management. The Brink's Company has a market cap of $1.07 billion; its shares were traded at around $23.5 with a P/E ratio of 11.9 and P/S ratio of 0.3. The dividend yield of The Brink's Company stocks is 1.7%. The Brink's Company had an annual average earning growth of 5% over the past 10 years.
Added: Forest Oil Corp. ( FST)
David Dreman added to his holdings in Forest Oil Corp. by 17.17%. His purchase prices were between $12.55 and $19.79, with an estimated average price of $16.27. The impact to his portfolio due to this purchase was 0.12%. His holdings were 1,617,614 shares as of 09/30/2009.
Forest Oil Corporation is engaged in the acquisition, exploration, development, production and marketing of natural gas and crude oil in North America. Forest Oil's principal reserves and producing properties are located in the United States in the Gulf of Mexico, Louisiana, Texas, Oklahoma and Wyoming and in Canada in Alberta and the Northwest Territories (company press release). Forest Oil Corp. has a market cap of $2.21 billion; its shares were traded at around $19.69 with a P/E ratio of 12.3 and P/S ratio of 1.4. Forest Oil Corp. had an annual average earning growth of 4.8% over the past 10 years.
Added: Cardinal Health Inc. ( CAH)
David Dreman added to his holdings in Cardinal Health Inc. by 79.82%. His purchase prices were between $24.97 and $35.63, with an estimated average price of $30.86. The impact to his portfolio due to this purchase was 0.11%. His holdings were 358,481 shares as of 09/30/2009.
Cardinal Health, Inc. is one of the leading providers of products and services to healthcare providers and manufacturers to help them improve the efficiency and quality of healthcare. These services and products include Pharmaceutical Distribution and Provider Services, Medical-Surgical Products and Services, Pharmaceutical Technologies and Services and Automation and Information Services. Cardinal Health Inc. has a market cap of $11.36 billion; its shares were traded at around $31.49 with a P/E ratio of 9.5 and P/S ratio of 0.1. The dividend yield of Cardinal Health Inc. stocks is 2.2%. Cardinal Health Inc. had an annual average earning growth of 10.7% over the past 10 years. GuruFocus rated Cardinal Health Inc. the business predictability rank of 3-star.
Added: Ims Health Inc. (RX)
David Dreman added to his holdings in Ims Health Inc. by 1794.85%. His purchase prices were between $11.83 and $15.54, with an estimated average price of $13.38. The impact to his portfolio due to this purchase was 0.1%. His holdings were 265,905 shares as of 09/30/2009.
IMS Health is the global provider of information solutions to the pharmaceutical and healthcare industries. IMS Health consists of: the IMS segment, which consists of the market information and decision-support services business for the pharmaceutical and healthcare industries conducted by IMS Health and IMS Health Strategic Technologies, Emerging Markets, and a majority ownership interest in Cognizant Technology Solutions Corporation. Ims Health Inc. has a market cap of $3.91 billion; its shares were traded at around $21.43 with a P/E ratio of 12.5 and P/S ratio of 1.7. The dividend yield of Ims Health Inc. stocks is 0.6%. Ims Health Inc. had an annual average earning growth of 11.3% over the past 10 years. GuruFocus rated Ims Health Inc. the business predictability rank of 3-star.
Added: Alaska Communications Systems Group Inc. ( ALSK)
David Dreman added to his holdings in Alaska Communications Systems Group Inc. by 22.59%. His purchase prices were between $6.41 and $9.37, with an estimated average price of $7.73. The impact to his portfolio due to this purchase was 0.1%. His holdings were 2,292,889 shares as of 09/30/2009.
ALASKA COMM SYS is engaged principally in providing local telephone, wireless, and inter-exchange network and data services to its customers in the State of Alaska through its telecommunications subsidiaries. They are a diversified, facilities-based telecommunications provider in Alaska, offering local telephone, cellular, long distance, data and Internet services to business and residential customers throughout the state. Alaska Communications Systems Group Inc. has a market cap of $293.4 million; its shares were traded at around $6.62 with a P/E ratio of 60.2 and P/S ratio of 0.8. The dividend yield of Alaska Communications Systems Group Inc. stocks is 13%.
Added: Platinum Underwriters Holdings Ltd. (PTP)
David Dreman added to his holdings in Platinum Underwriters Holdings Ltd. by 18.29%. His purchase prices were between $28.55 and $36.59, with an estimated average price of $33.75. The impact to his portfolio due to this purchase was 0.1%. His holdings were 720,994 shares as of 09/30/2009.
Platinum Underwriters Holdings, Ltd. provides property and casualty reinsurance coverages to a diverse clientele on a worldwide basis. Platinum Underwriters Holdings Ltd. has a market cap of $1.81 billion; its shares were traded at around $36.32 with a P/E ratio of 6.7 and P/S ratio of 1.4. The dividend yield of Platinum Underwriters Holdings Ltd. stocks is 0.9%.
Added: Wells Fargo & Company ( WFC)
David Dreman added to his holdings in Wells Fargo & Company by 11.03%. His purchase prices were between $22.87 and $29.39, with an estimated average price of $26.42. The impact to his portfolio due to this purchase was 0.1%. His holdings were 1,376,119 shares as of 09/30/2009.
Wells Fargo & Company is a diversified financial services company providing banking, insurance, investments, mortgage and consumer finance services through stores, its Internet site and other distribution channels across North America as well as internationally. (Company Press Release) Wells Fargo & Company has a market cap of $132.53 billion; its shares were traded at around $28.37 with a P/E ratio of 29.6 and P/S ratio of 2.5. The dividend yield of Wells Fargo & Company stocks is 0.7%. Wells Fargo & Company had an annual average earning growth of 10.8% over the past 10 years. GuruFocus rated Wells Fargo & Company the business predictability rank of 4-star.
Added: Nv Energy, Inc. (NVE)
David Dreman added to his holdings in Nv Energy, Inc. by 18.12%. His purchase prices were between $10.66 and $12.44, with an estimated average price of $11.62. The impact to his portfolio due to this purchase was 0.1%. His holdings were 2,224,460 shares as of 09/30/2009.
Sierra Pacific Resources, the holding company for Sierra Pacific Power Company, provide electricity to more than 286,000 customers in the area of northern Nevada and northeastern California, including world-famous Reno and Lake Tahoe. The company also provide natural gas and water service to customers in the greater Reno metropolitan area. Other operating subsidiaries of the company include the Tuscarora Gas Pipeline Company, Lands of Sierra, Sierra Energy Company, eothree and Sierra Water Development Company. Nv Energy, Inc. has a market cap of $2.79 billion; its shares were traded at around $11.9 with a P/E ratio of 15.6 and P/S ratio of 0.8. The dividend yield of Nv Energy, Inc. stocks is 3.3%.
Added: Nashfinch Company ( NAFC)
David Dreman added to his holdings in Nashfinch Company by 21.65%. His purchase prices were between $26.28 and $30.75, with an estimated average price of $27.92. The impact to his portfolio due to this purchase was 0.09%. His holdings were 730,185 shares as of 09/30/2009.
Nash Finch Company is one of the largest food distribution companies in the United States. Its business consists of three primary operating segments: (i) the wholesale distribution segment, which supplies food and non-food items to independently owned retail grocery stores, corporately owned retail grocery stores and institutional customers; (ii) the retail segment, which is made up of corporately owned retail grocery stores with a variety of store formats; and (iii) the military distribution segment, which supplies food and related products to military commissaries. Nashfinch Company has a market cap of $430.8 million; its shares were traded at around $33.55 with a P/E ratio of 7.8 and P/S ratio of 0.1. The dividend yield of Nashfinch Company stocks is 2.2%.
Added: Barnes Group Inc. (B)
David Dreman added to his holdings in Barnes Group Inc. by 13.77%. His purchase prices were between $10.98 and $17.5, with an estimated average price of $14.37. The impact to his portfolio due to this purchase was 0.09%. His holdings were 1,728,143 shares as of 09/30/2009.
Barnes Group Inc. is an international manufacturer of precision metal parts and distributor of industrial supplies, serving a wide range of markets and customers. Barnes Group Inc. has a market cap of $921.7 million; its shares were traded at around $17.35 with a P/E ratio of 20.9 and P/S ratio of 0.7. The dividend yield of Barnes Group Inc. stocks is 1.8%. Barnes Group Inc. had an annual average earning growth of 5% over the past 10 years.
Added: Allied World Assurance Company Holdings (AWH)
David Dreman added to his holdings in Allied World Assurance Company Holdings by 14.9%. His purchase prices were between $40.35 and $48.74, with an estimated average price of $44.13. The impact to his portfolio due to this purchase was 0.09%. His holdings were 548,237 shares as of 09/30/2009.
Allied World Assurance Company Holdings, Ltd, is one of Bermuda's leading property and casualty insurers. The company, through its operating subsidiaries, offers property and casualty insurance and reinsurance on a worldwide basis. The principal operating subsidiaries of Allied World Assurance Company Holdings, Ltd have A Excellent ratings from A.M. Best Company and A- ratings from Standard and Poor's. Allied World Assurance Company Holdings has a market cap of $2.39 billion; its shares were traded at around $48.26 with a P/E ratio of 4.6 and P/S ratio of 2.1. The dividend yield of Allied World Assurance Company Holdings stocks is 1.5%.
Added: Constellation Brands Inc. ( STZ)
David Dreman added to his holdings in Constellation Brands Inc. by 1604.36%. His purchase prices were between $12.45 and $15.73, with an estimated average price of $14.2. The impact to his portfolio due to this purchase was 0.08%. His holdings were 226,595 shares as of 09/30/2009.
Constellation Brands, Inc. is a leading international producer and marketer of beverage alcohol brands, with a broad portfolio across the wine, spirits and imported beer categories. The Company is the largest multi-category supplier of beverage alcohol in the United States; a leading producer and exporter of wine from Australia and New Zealand; and both a major producer and independent drinks wholesaler in the United Kingdom. Well-known brands in Constellation's portfolio include: Corona Extra, Pacifico, St. Pauli Girl, Black Velvet, and Fleischmann's. Constellation Brands Inc. has a market cap of $3.82 billion; its shares were traded at around $17.25 with a P/E ratio of 10.3 and P/S ratio of 1. Constellation Brands Inc. had an annual average earning growth of 12.4% over the past 5 years.
Added: Ensco International Inc. ( ESV)
David Dreman added to his holdings in Ensco International Inc. by 995.45%. His purchase prices were between $32.7 and $42.73, with an estimated average price of $38.24. The impact to his portfolio due to this purchase was 0.07%. His holdings were 73,965 shares as of 09/30/2009.
ENSCO International Incorporated is an international offshore contract drilling company that also provides marine transportation services in the Gulf of Mexico. The Company's complement of offshore drilling rigs includes jackup rigs, nine barge rigs, platform rigs and one semisubmersible rig currently under construction. The Company's operations are integral to the exploration, development and production of oil and natural gas. Ensco International Inc. has a market cap of $6.77 billion; its shares were traded at around $47.53 with a P/E ratio of 7.5 and P/S ratio of 2.8. The dividend yield of Ensco International Inc. stocks is 0.2%. Ensco International Inc. had an annual average earning growth of 12.8% over the past 10 years.
Added: Forest Laboratories Inc. ( FRX)
David Dreman added to his holdings in Forest Laboratories Inc. by 735.49%. His purchase prices were between $23.68 and $29.71, with an estimated average price of $27.11. The impact to his portfolio due to this purchase was 0.06%. His holdings were 90,692 shares as of 09/30/2009.
Forest Laboratories, Inc. and its subsidiaries develop, manufacture and sell both branded and generic forms of ethical drug products which require a physician's prescription, as well as non-prescription pharmaceuticalproducts sold over-the-counter. Forest's most important United Statesproducts consist of branded ethical drug specialties marketed directly, or to physicians by the company's Forest Pharmaceuticals, Forest Therapeutics and Forest Specialty Sales salesforces. Forest Laboratories Inc. has a market cap of $8.74 billion; its shares were traded at around $28.98 with a P/E ratio of 8.3 and P/S ratio of 2.2. Forest Laboratories Inc. had an annual average earning growth of 30.7% over the past 10 years. GuruFocus rated Forest Laboratories Inc. the business predictability rank of 2.5-star.
Added: Eli Lilly And Company ( LLY)
David Dreman added to his holdings in Eli Lilly And Company by 36.37%. His purchase prices were between $32.4 and $35.15, with an estimated average price of $33.54. The impact to his portfolio due to this purchase was 0.01%. His holdings were 18,702 shares as of 09/30/2009.
Eli Lilly and Company discovers, develops, manufactures, and sells products in one significant business segment -pharmaceutical products. The company directs its research efforts primarily toward the search for products to diagnose, prevent and treat human diseases. The company also conducts research to find products to treat diseases in animals and to increase the efficiency of animal food production. Eli Lilly And Company has a market cap of $41.3 billion; its shares were traded at around $35.94 with a P/E ratio of 7.8 and P/S ratio of 2. The dividend yield of Eli Lilly And Company stocks is 5.5%. Eli Lilly And Company had an annual average earning growth of 4.4% over the past 10 years. GuruFocus rated Eli Lilly And Company the business predictability rank of 4.5-star.
Added: 3m Company ( MMM)
David Dreman added to his holdings in 3m Company by 51.04%. His purchase prices were between $58.76 and $75.01, with an estimated average price of $69.6. The impact to his portfolio due to this purchase was 0.01%. His holdings were 7,916 shares as of 09/30/2009.
3M Company is a diversified technology company with leading positions in consumer and office; display and graphics; electronics and telecommunications; health care; industrial; safety, security and protection services; transportation and other businesses. They are an integrated enterprise characterized by substantial intercompany cooperation in research, manufacturing and marketing of products. 3m Company has a market cap of $55.01 billion; its shares were traded at around $78.78 with a P/E ratio of 18.1 and P/S ratio of 2.2. The dividend yield of 3m Company stocks is 2.6%. 3m Company had an annual average earning growth of 9.6% over the past 10 years. GuruFocus rated 3m Company the business predictability rank of 2-star.
Added: General Dynamics Corp. (GD)
David Dreman added to his holdings in General Dynamics Corp. by 25.72%. His purchase prices were between $51.54 and $64.61, with an estimated average price of $57.47. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 5,695 shares as of 09/30/2009.
General Dynamics Corp.'s primary businesses focus is on shipbuilding and marine systems, business aviation, information systems, and land and amphibious combat systems. Each of these businesses involves design, manufacturing and program management expertise, advanced technology, and integration of complex systems. The primary customers for the company's businesses are the United States military, the armed forces of allied nations, other government organizations and a diverse base of corporate and industrial buyers. General Dynamics Corp. has a market cap of $26.16 billion; its shares were traded at around $67.94 with a P/E ratio of 10.9 and P/S ratio of 0.9. The dividend yield of General Dynamics Corp. stocks is 2.2%. General Dynamics Corp. had an annual average earning growth of 13.9% over the past 10 years. GuruFocus rated General Dynamics Corp. the business predictability rank of 5-star.
Added: Keycorp ( KEY)
David Dreman added to his holdings in Keycorp by 26.73%. His purchase prices were between $4.82 and $6.85, with an estimated average price of $6. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 110,109 shares as of 09/30/2009.
KeyCorp is an integrated multi-line financial services company. Its subsidiaries provide a wide range of investment management, retail and commercial banking, consumer finance and investment banking products and services to corporate, individual and institutional clients through four lines of business: Key Retail Banking, Key Specialty Finance, Key Corporate Capital and Key Capital Partners. Keycorp has a market cap of $5.05 billion; its shares were traded at around $5.75 with and P/S ratio of 0.8. The dividend yield of Keycorp stocks is 0.7%. Keycorp had an annual average earning growth of 9.9% over the past 5 years.
Added: State Street Corp. ( STT)
David Dreman added to his holdings in State Street Corp. by 22.8%. His purchase prices were between $43.66 and $54.45, with an estimated average price of $50.63. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 16,015 shares as of 09/30/2009.
State Street Corporation is the world's leading specialist in providing sophisticated global investors with investment servicing, investment management, investment research and trading services. Customers include mutual funds and other collective investment funds, corporate and public pension funds, corporations, unions and not-for-profit organizations in and outside of the United States. State Street Corp. has a market cap of $20.7 billion; its shares were traded at around $41.86 with a P/E ratio of 9.7 and P/S ratio of 1.6. The dividend yield of State Street Corp. stocks is 0.1%. State Street Corp. had an annual average earning growth of 12.6% over the past 10 years. GuruFocus rated State Street Corp. the business predictability rank of 3-star.
New Purchase: Tutor Perini Corp. ( TPC)
David Dreman initiated holdings in Tutor Perini Corp.. His purchase prices were between $14.18 and $21.6, with an estimated average price of $18.56. The impact to his portfolio due to this purchase was 0.71%. His holdings were 1,276,422 shares as of 09/30/2009.
Tutor Perini Corporation, formerly Perini Corporation, is a leading construction services company offering diversified general contracting, construction management and design/build services to private clients and public agencies throughout the world. The Company offers general contracting, preconstruction planning and project management services, including the planning and scheduling of the manpower, equipment, materials and subcontractors required for a project. It offers general contracting, pre-construction planning and comprehensive project management services, including the planning and scheduling of the manpower, equipment, materials and subcontractors required for a project. It also offers self-performed construction services including excavation, concrete forming and placement, steel erection, electrical and mechanical services, plumbing and HVAC. Tutor Perini Corporation is headquartered in Framingham, Massachusetts. Tutor Perini Corp. has a market cap of $855.1 million; its shares were traded at around $17.62 with a P/E ratio of 6.1 and P/S ratio of 0.2.
New Purchase: Net 1 Ueps Technologies Inc. (UEPS)
David Dreman initiated holdings in Net 1 Ueps Technologies Inc.. His purchase prices were between $12.45 and $22.15, with an estimated average price of $17.24. The impact to his portfolio due to this purchase was 0.71%. His holdings were 1,295,578 shares as of 09/30/2009.
Net 1 U.E.P.S. Technologies provides its universal electronic payment system as an alternative payment system for the unbanked and under-banked populations of developing economies. Net 1 believes that it is the first company worldwide to implement a system that can enable the estimated four billion people who generally have limited or no access to a bank account to enter affordably into electronic transactions with each other, government agencies, employers, merchants and other financial service providers. Net 1 Ueps Technologies Inc. has a market cap of $853.2 million; its shares were traded at around $18.84 with a P/E ratio of 13.6 and P/S ratio of 3.5.
New Purchase: Jarden Corp. (JAH)
David Dreman initiated holdings in Jarden Corp.. His purchase prices were between $17.63 and $27.98, with an estimated average price of $23.6. The impact to his portfolio due to this purchase was 0.7%. His holdings were 957,303 shares as of 09/30/2009.
Jarden Corporation is a leading provider of niche consumer products used in home food preservation. Jarden Corp. has a market cap of $2.63 billion; its shares were traded at around $29.67 with a P/E ratio of 11.4 and P/S ratio of 0.5. The dividend yield of Jarden Corp. stocks is 1%. Jarden Corp. had an annual average earning growth of 19.2% over the past 10 years. GuruFocus rated Jarden Corp. the business predictability rank of 2.5-star.
New Purchase: Synaptics Inc. (SYNA)
David Dreman initiated holdings in Synaptics Inc.. His purchase prices were between $23.97 and $37.84, with an estimated average price of $29.25. The impact to his portfolio due to this purchase was 0.68%. His holdings were 1,042,545 shares as of 09/30/2009.
Synaptics is a leading developer of human interface solutions for a wide variety of mobile computing and communications devices and is the leading supplier of TouchPads to the notebook computer market. Products include the TouchPad input device, TouchStyk pointing stick, Dual Pointing combination input solution, ClearPad touch screen, Spiral pen input solution, and QuickStroke Chinese handwriting software. Synaptics Inc. has a market cap of $862.7 million; its shares were traded at around $25.4 with a P/E ratio of 15.6 and P/S ratio of 1.8. Synaptics Inc. had an annual average earning growth of 5.3% over the past 5 years.
New Purchase: Gammon Gold Inc (GRS)
David Dreman initiated holdings in Gammon Gold Inc. His purchase prices were between $6.14 and $8.35, with an estimated average price of $7.15. The impact to his portfolio due to this purchase was 0.67%. His holdings were 3,040,982 shares as of 09/30/2009.
Gammon Lake Resources Inc. is a Nova Scotia based mineral exploration Company with properties in Mexico. Gammon Gold Inc has a market cap of $1.37 billion; its shares were traded at around $10.98 with a P/E ratio of 49.9 and P/S ratio of 6.5.
New Purchase: Protective Life Corp. (PL)
David Dreman initiated holdings in Protective Life Corp.. His purchase prices were between $10.57 and $22.46, with an estimated average price of $17.27. The impact to his portfolio due to this purchase was 0.63%. His holdings were 1,126,691 shares as of 09/30/2009.
Protective Life Corp. is a holding company, whose subsidiaries provide financial services through the production, distribution, and administration of insurance and investment products. The company operates seven divisions whose principal strategic focuses can be grouped into three general categories: life insurance, specialty insurance products, and retirement savings and investment products. Protective Life Corp. has a market cap of $1.54 billion; its shares were traded at around $17.98 with a P/E ratio of 5.5 and P/S ratio of 0.6. The dividend yield of Protective Life Corp. stocks is 2.7%. Protective Life Corp. had an annual average earning growth of 5.2% over the past 10 years.
New Purchase: Cash America International Inc. (CSH)
David Dreman initiated holdings in Cash America International Inc.. His purchase prices were between $21.78 and $30.52, with an estimated average price of $27.03. The impact to his portfolio due to this purchase was 0.62%. His holdings were 796,580 shares as of 09/30/2009.
Cash America International Inc. is a specialty financial services enterprise principally engaged in acquiring, establishing and operating pawnshops which advance money on the security of pledged tangible personal property. The company intends to continue its business strategy of acquiring and establishing pawnshops, increasing its share of consumer loan business, and concentrating multiple pawnshops in regional and local markets in order to expand market penetration, enhance name recognition and reinforce marketing programs. Cash America International Inc. has a market cap of $980 million; its shares were traded at around $33.26 with a P/E ratio of 11.9 and P/S ratio of 1. The dividend yield of Cash America International Inc. stocks is 0.4%. Cash America International Inc. had an annual average earning growth of 38.4% over the past 5 years.
New Purchase: Diana Shipping Inc. (DSX)
David Dreman initiated holdings in Diana Shipping Inc.. His purchase prices were between $12.01 and $14.98, with an estimated average price of $13.52. The impact to his portfolio due to this purchase was 0.6%. His holdings were 1,762,752 shares as of 09/30/2009.
Diana Shipping Inc. is a global provider of shipping transportation services. They specialize in transporting dry bulk cargoes, including such commodities as iron ore, coal, grain and other materials along worldwide shipping routes. Diana Shipping Inc. has a market cap of $1.4 billion; its shares were traded at around $17.17 with a P/E ratio of 8.9 and P/S ratio of 4.2. The dividend yield of Diana Shipping Inc. stocks is 5.5%.
New Purchase: Investment Technology Group Inc. ( ITG)
David Dreman initiated holdings in Investment Technology Group Inc.. His purchase prices were between $18.11 and $28.82, with an estimated average price of $23.15. The impact to his portfolio due to this purchase was 0.53%. His holdings were 731,350 shares as of 09/30/2009.
Investment Technology Group is one of the leading providers of technology-based equity trading services and transaction research to institutional investors and brokers. ITG's services help clients to access liquidity, execute trades more efficiently, and make better trading decisions. They offer a fully-integrated family of advanced trading services encompassing three business lines: POSIT, Client-Site Trading Products, and Electronic Trading Desk. Investment Technology Group Inc. has a market cap of $837.2 million; its shares were traded at around $19.21 with a P/E ratio of 9.9 and P/S ratio of 1.1. Investment Technology Group Inc. had an annual average earning growth of 8.2% over the past 10 years. GuruFocus rated Investment Technology Group Inc. the business predictability rank of 2.5-star.
New Purchase: Jakks Pacific Inc. ( JAKK)
David Dreman initiated holdings in Jakks Pacific Inc.. His purchase prices were between $11.37 and $14.87, with an estimated average price of $12.77. The impact to his portfolio due to this purchase was 0.35%. His holdings were 945,694 shares as of 09/30/2009.
Jakks Pacific, Inc. is a multi-line, multi-brand toy company that designs, develops, produces and markets toys and related products. Principal products are action figures and accessories featuring licensedcharacters, Flying Colors molded plastic activity sets, clay compound playsets and lunch boxes, Wheels division products, Child Guidance infant and pre-school electronic toys, toy foam puzzle mats and blocks, activity sets and outdoor products and fashion and mini dolls and relatedaccessories. Jakks Pacific Inc. has a market cap of $360.5 million; its shares were traded at around $12.91 with a P/E ratio of 10.3 and P/S ratio of 0.4. Jakks Pacific Inc. had an annual average earning growth of 42.1% over the past 5 years.
New Purchase: Om Group Inc. ( OMG)
David Dreman initiated holdings in Om Group Inc.. His purchase prices were between $25.8 and $35.73, with an estimated average price of $29.91. The impact to his portfolio due to this purchase was 0.33%. His holdings were 420,586 shares as of 09/30/2009.
OM Group, Inc. is a leading international producer and marketer ofvalue-added metal-based specialty chemicals and powders. The company supplies numerous different product offerings -- principally categorized as metal carboxylates, inorganic metal salts, and metal powders for diverse applications to more a range of different industries. Typically, their products represent a small portion of the customer's total cost of manufacturing or processing, but are critical to the customer's product performance. Om Group Inc. has a market cap of $1.03 billion; its shares were traded at around $33.52 with and P/S ratio of 0.6.
New Purchase: Pitney Bowes Inc. ( PBI)
David Dreman initiated holdings in Pitney Bowes Inc.. His purchase prices were between $20.62 and $25.44, with an estimated average price of $22.56. The impact to his portfolio due to this purchase was 0.16%. His holdings were 252,380 shares as of 09/30/2009.
Pitney Bowes, Inc. operates in three reportable segments: Mailing and Integrated Logistics, Office Solutions and Capital Services. The company operates in the United States and outside the U.S. Mailing and Integrated Logistics includes revenues from the rental of postage meters and the sale and financing of mailing equipment. Office Solutions includes revenues from the sale, financing, rental and service of reprographic and facsimile equipment. Capital Services provides large-ticket financing and fee-based programs covering a broad range of products and other financial services. Pitney Bowes Inc. has a market cap of $5.19 billion; its shares were traded at around $25.07 with a P/E ratio of 10.4 and P/S ratio of 0.8. The dividend yield of Pitney Bowes Inc. stocks is 5.8%. Pitney Bowes Inc. had an annual average earning growth of 4% over the past 10 years.
New Purchase: Burger King Holdings Inc. ( BKC)
David Dreman initiated holdings in Burger King Holdings Inc.. His purchase prices were between $16.04 and $18.75, with an estimated average price of $17.16. The impact to his portfolio due to this purchase was 0.15%. His holdings were 333,475 shares as of 09/30/2009.
Burger King Holdings, Inc., through its subsidiaries, owns and franchises fast food hamburger restaurants. The company offers various food items, such as flame-broiled hamburgers, chicken and other specialty sandwiches, french fries, and soft drinks. Approximately 90 percent of BURGER KING ? restaurants are owned and operated by independent franchisees, many of them family-owned operations that have been in business for decades. Burger King Holdings has operations in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. Burger King Holdings Inc. has a market cap of $2.34 billion; its shares were traded at around $17.37 with a P/E ratio of 12.1 and P/S ratio of 0.9. The dividend yield of Burger King Holdings Inc. stocks is 1.5%.
New Purchase: Textainer Group Holdings Ltd. ( TGH)
David Dreman initiated holdings in Textainer Group Holdings Ltd.. His purchase prices were between $10.39 and $16.09, with an estimated average price of $13.32. The impact to his portfolio due to this purchase was 0.11%. His holdings were 259,700 shares as of 09/30/2009.
TEXTAINER GROUP is the worlds largest lessor of intermodal containers with a total fleet of more than 1.3 million containers, representing over 2,000,000 TEU. They lease containers to more than 400 shipping lines and other lessees, including each of the world's top 20 container lines. Yhey are also the primary supplier of leased containers to the U.S. Military. Their goal is to be the most reliable lessor of containers in locations where their customers need them. They have provided an average of more than 100,000 TEU of new containers per year for the past 10 years, and have been one of the largest purchasers of new containers among container lessors over the same period. They are also one of the largest sellers of used containers , having sold an average of more than 53,000 containers per year for the last five years. Textainer Group Holdings Ltd. has a market cap of $806.2 million; its shares were traded at around $16.88 with a P/E ratio of 9.7 and P/S ratio of 3. The dividend yield of Textainer Group Holdings Ltd. stocks is 5.5%.
New Purchase: Synopsys Inc. ( SNPS)
David Dreman initiated holdings in Synopsys Inc.. His purchase prices were between $18.2 and $22.97, with an estimated average price of $20.57. The impact to his portfolio due to this purchase was 0.09%. His holdings were 152,500 shares as of 09/30/2009.
Synopsys, Inc. is one of the leading suppliers of electronic design automation software to the global electronics industry. The company's products are used by designers of integrated circuits, including system-on-a-chip integrated circuits, and the electronic products that use such integrated circuits to automate significant portions of their chip design process. Integrated circuits are distinguished by the speed at which they run, their area, the amount of power they consume and the cost of production. Synopsys Inc. has a market cap of $3.42 billion; its shares were traded at around $23.44 with a P/E ratio of 17.2 and P/S ratio of 2.6.
New Purchase: Verisign Inc. ( VRSN)
David Dreman initiated holdings in Verisign Inc.. His purchase prices were between $17.93 and $23.55, with an estimated average price of $20.62. The impact to his portfolio due to this purchase was 0.09%. His holdings were 150,825 shares as of 09/30/2009.
VeriSign is one of the leading providers of trusted infrastructure services to website owners, enterprises, electronic commerce service providers and individuals. The company's domain name registration, digital certificate, global registry and payment services provide the critical web identity, authentication and transaction infrastructure that online businesses need to establish their web identities and to conduct secure electronic commerce, or e-commerce, and communications. Verisign Inc. has a market cap of $4.41 billion; its shares were traded at around $22.86 with a P/E ratio of 21.4 and P/S ratio of 4.6. Verisign Inc. had an annual average earning growth of 2% over the past 5 years.
New Purchase: Spirit Aerosystems Holdings Inc. ( SPR)
David Dreman initiated holdings in Spirit Aerosystems Holdings Inc.. His purchase prices were between $12.33 and $18.41, with an estimated average price of $14.91. The impact to his portfolio due to this purchase was 0.09%. His holdings were 200,450 shares as of 09/30/2009.
SPIRIT AEROSYSTEMS is the world's largest independent supplier of commercial airplane assemblies and components. In addition to its Kansas facility, Spirit has operations in Tulsa and McAlester, Okla., Prestwick, Scotland, and Samlesbury, England. In the U.S., Spirit's core products include fuselages, pylons, nacelles and wing components. Additionally, Spirit provides aftermarket customer support services, including spare parts, maintenance/repair/overhaul, and fleet support services in North America and Europe. Spirit Europe produces wing components for a host of customers, including Airbus. Spirit Aerosystems Holdings Inc. has a market cap of $2.52 billion; its shares were traded at around $18.1 with a P/E ratio of 10 and P/S ratio of 0.7.
New Purchase: Big Lots Inc. (BIG)
David Dreman initiated holdings in Big Lots Inc.. His purchase prices were between $19.76 and $26.37, with an estimated average price of $23.43. The impact to his portfolio due to this purchase was 0.08%. His holdings were 130,249 shares as of 09/30/2009.
Consolidated Stores Corp. is one of the leading value retailers specializing in closeout merchandise and toys. The company operates stores in the U.S., Puerto Rico and Guam and conducted online sales of children's products. Retail operations are conducted primarily under the following names: Odd Lots, Big Lots, Big Lots Furniture, Mac Frugal's Bargains Close-outs, and Pic N Save and K B Toys, K B Toy Works, and K B Toy Outlet and KBkids.com. Big Lots Inc. has a market cap of $2.09 billion; its shares were traded at around $25.28 with a P/E ratio of 13 and P/S ratio of 0.5. Big Lots Inc. had an annual average earning growth of 32.6% over the past 5 years.
New Purchase: Itt Educational Services Inc. ( ESI)
David Dreman initiated holdings in Itt Educational Services Inc.. His purchase prices were between $88.64 and $115.61, with an estimated average price of $101.45. The impact to his portfolio due to this purchase was 0.08%. His holdings were 29,525 shares as of 09/30/2009.
ITT EDUCATIONAL SERVICES, INC. is a leading proprietary provider of technical postsecondary degree programs in the United States based on student enrollment. The Co. offers associate's and bachelor's degree programs where authorized and, to a lesser extent, non-degree diploma programs to over 20,000 students through a system of 54 ITT Technical Institutes located in 25 states. These programs are designed, after consultation with employers, to provide students with the knowledge and skills necessary for entry- level employment in technical positions in a variety of industries. Itt Educational Services Inc. has a market cap of $3.56 billion; its shares were traded at around $94.52 with a P/E ratio of 13.3 and P/S ratio of 3.6. Itt Educational Services Inc. had an annual average earning growth of 32.1% over the past 10 years. GuruFocus rated Itt Educational Services Inc. the business predictability rank of 5-star.
New Purchase: Axis Capital Holdings Ltd. (AXS)
David Dreman initiated holdings in Axis Capital Holdings Ltd.. His purchase prices were between $25.53 and $30.76, with an estimated average price of $28.76. The impact to his portfolio due to this purchase was 0.07%. His holdings were 83,575 shares as of 09/30/2009.
AXIS Capital Holdings Limited is a Bermuda-based global provider of specialty lines insurance and treaty reinsurance. Axis Capital Holdings Ltd. has a market cap of $4.15 billion; its shares were traded at around $29.18 with a P/E ratio of 6.9 and P/S ratio of 1.5. The dividend yield of Axis Capital Holdings Ltd. stocks is 2.7%. Axis Capital Holdings Ltd. had an annual average earning growth of 18.7% over the past 5 years.
New Purchase: Symantec Corp. ( SYMC)
David Dreman initiated holdings in Symantec Corp.. His purchase prices were between $14.78 and $17.46, with an estimated average price of $15.72. The impact to his portfolio due to this purchase was 0.07%. His holdings were 168,895 shares as of 09/30/2009.
Symantec, a world leader in Internet security technology, provides a broad range of content security solutions to individuals and companies. The company is a leading provider of anti-virus protection, Internet content and e-mail filtering, and mobile code detection technologies to enterprise customers. Symantec Corp. has a market cap of $14.51 billion; its shares were traded at around $17.82 with a P/E ratio of 13 and P/S ratio of 2.4. Symantec Corp. had an annual average earning growth of 20.6% over the past 10 years. GuruFocus rated Symantec Corp. the business predictability rank of 3-star.
New Purchase: Carefusion Corp. (CFN)
David Dreman initiated holdings in Carefusion Corp.. His purchase prices were between $18.45 and $21.99, with an estimated average price of $20.17. The impact to his portfolio due to this purchase was 0.07%. His holdings were 127,459 shares as of 09/30/2009.
CareFusion is a global corporation serving the health care industry with products and services that help hospitals measurably improve the safety and quality of care. The company develops market-leading technologies including Alaris ? IV pumps, Pyxis ? automated dispensing and patient identification systems, AVEA ? and Pulmonetic Systems ventilation and respiratory products, ChloraPrep ? and MedMined services for infection prevention, neurological monitoring and diagnostic products, V. Mueller ? surgical instruments, and an extensive line of products that support interventional medicine. The company is headquartered in San Diego, California. Carefusion Corp. has a market cap of $5.65 billion; its shares were traded at around $25.55 with and P/S ratio of 1.3.
New Purchase: Pdl Biopharma Inc. ( PDLI)
David Dreman initiated holdings in Pdl Biopharma Inc.. His purchase prices were between $7.73 and $9.22, with an estimated average price of $8.48. The impact to his portfolio due to this purchase was 0.07%. His holdings were 351,800 shares as of 09/30/2009.
Protein Design Labs Inc. is a biopharmaceutical company focused on the research, development and commercialization of novel therapies for inflammation and autoimmune diseases, acute cardiac conditions and cancer. PDL markets several biopharmaceutical products in the United States through its hospital sales force and wholly-owned subsidiary, ESP Pharma, Inc. As a leader in the development of humanized antibodies, PDL has licensed its patents to numerous pharmaceutical and biotechnology companies, some of which are now paying royalties on net sales of licensed products. Pdl Biopharma Inc. has a market cap of $1.01 billion; its shares were traded at around $8.42 with a P/E ratio of 6.5 and P/S ratio of 3.4. The dividend yield of Pdl Biopharma Inc. stocks is 11.9%.
New Purchase: Harris Corp. ( HRS)
David Dreman initiated holdings in Harris Corp.. His purchase prices were between $27.51 and $38.31, with an estimated average price of $32.94. The impact to his portfolio due to this purchase was 0.01%. His holdings were 5,380 shares as of 09/30/2009.
Harris Corporation is an international company focused on communicationsequipment for voice, data and video applications. The company structures its operations around five operating divisions, which divisions have been organized on the basis of specific communications technology and markets. For the most part, each operating division has its own marketing,engineering, manufacturing and service organization. The company produces most of the products it sells, except for certain broadcast products sold by the Broadcast Communications Division. Harris Corp. has a market cap of $5.9 billion; its shares were traded at around $45.12 with a P/E ratio of 11.7 and P/S ratio of 1.2. The dividend yield of Harris Corp. stocks is 2%. Harris Corp. had an annual average earning growth of 21.3% over the past 10 years.
New Purchase: Bp P.l.c. (BP)
David Dreman initiated holdings in Bp P.l.c.. His purchase prices were between $45.22 and $55.39, with an estimated average price of $50.97. The impact to his portfolio due to this purchase was 0.01%. His holdings were 4,334 shares as of 09/30/2009.
BP p.l.c. is the holding company of one of the world's largest petroleum and petrochemicals groups. Their main activities are exploration and production of crude oil and natural gas; refining, marketing, supply and transportation; and manufacturing and marketing of petrochemicals. They have a growing activity in gas and power and in solar power generation. BP has well-established operations in Europe, North and South America, Australasia and Africa. Bp P.l.c. has a market cap of $185.88 billion; its shares were traded at around $59.5 with a P/E ratio of 18.4 and P/S ratio of 0.5. The dividend yield of Bp P.l.c. stocks is 7.1%. Bp P.l.c. had an annual average earning growth of 17.8% over the past 10 years. GuruFocus rated Bp P.l.c. the business predictability rank of 2-star.
New Purchase: Sara Lee Corp. ( SLE)
David Dreman initiated holdings in Sara Lee Corp.. His purchase prices were between $9.2 and $11.21, with an estimated average price of $10.18. The impact to his portfolio due to this purchase was 0.01%. His holdings were 44,645 shares as of 09/30/2009.
Sara Lee Corporation is a global manufacturer and marketer of high-quality, brand-name products for consumers throughout the world. The company's mission is to continue to build leadership brands in consumer packaged goods categories. The company has three global businesses: Food and Beverage, Intimates and Underwear, and Household Products through which it manufactures and markets products of exceptional quality and value under leading, well-known brand names such as Sara Lee, Earth Grains, Jimmy Dean, Douwe Egberts, Chock full o' Nuts, Hanes and Playtex. Sara Lee Corp. has a market cap of $8.51 billion; its shares were traded at around $12.2 with a P/E ratio of 11.5 and P/S ratio of 0.7. The dividend yield of Sara Lee Corp. stocks is 3.6%.
New Purchase: Eog Resources Inc. ( EOG)
David Dreman initiated holdings in Eog Resources Inc.. His purchase prices were between $60.58 and $84.03, with an estimated average price of $73.31. The impact to his portfolio due to this purchase was 0.01%. His holdings were 2,900 shares as of 09/30/2009.
EOG Resources, Inc. is engaged, either directly or through a marketing subsidiary with regard to domestic operations or through various subsidiaries with regard to international operations, in the exploration for, and the development, production and marketing of, natural gas and crude oil primarily in major producing basins in the United States, as well as in Canada and Trinidad. The company's business strategy is to maximize the rate of return on investment of capital by controlling all operating and capital costs. Eog Resources Inc. has a market cap of $22.67 billion; its shares were traded at around $89.98 with a P/E ratio of 32 and P/S ratio of 3.2. The dividend yield of Eog Resources Inc. stocks is 0.6%. Eog Resources Inc. had an annual average earning growth of 24.5% over the past 10 years. GuruFocus rated Eog Resources Inc. the business predictability rank of 4.5-star.
New Purchase: Centurytel Inc. ( CTL)
David Dreman initiated holdings in Centurytel Inc.. His purchase prices were between $29.2 and $33.78, with an estimated average price of $31.26. The impact to his portfolio due to this purchase was 0.01%. His holdings were 7,014 shares as of 09/30/2009.
CenturyTel, Inc. is a regional diversified communications company engaged primarily in providing local exchange telephone services and wireless telephone communications services. They provide communications services including local, long distance, Internet access and data services to more than 3 million customers in 22 states. The company, headquartered in Monroe, Louisiana, is publicly traded on the New York Stock Exchange under the symbol CTL. Centurytel Inc. has a market cap of $10.34 billion; its shares were traded at around $34.78 with a P/E ratio of 10.1 and P/S ratio of 4. The dividend yield of Centurytel Inc. stocks is 8%. Centurytel Inc. had an annual average earning growth of 10.8% over the past 10 years. GuruFocus rated Centurytel Inc. the business predictability rank of 4.5-star.
New Purchase: Qwest Communications International Inc. (Q)
David Dreman initiated holdings in Qwest Communications International Inc.. His purchase prices were between $3.34 and $4.09, with an estimated average price of $3.79. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 16,656 shares as of 09/30/2009.
Qwest Communications Int'l, Inc. is a broadband Internet communications company that provides advanced communication services, data, multimedia and Internet-based services on a national and global basis; and wireless services, local telecommunications and related services and directory services. The company principally serves large and mid-size business and government customers on a national and international basis, as well as residential and small business customers. Qwest Communications International Inc. has a market cap of $6.57 billion; its shares were traded at around $3.81 with a P/E ratio of 8.1 and P/S ratio of 0.5. The dividend yield of Qwest Communications International Inc. stocks is 8.4%. Qwest Communications International Inc. had an annual average earning growth of 12.7% over the past 5 years.
Reduced: Lincoln Electric Holdings Inc. ( LECO)
David Dreman reduced to his holdings in Lincoln Electric Holdings Inc. by 25.18%. His sale prices were between $33.15 and $52.58, with an estimated average price of $43.09. The impact to his portfolio due to this sale was less than 0.01%. David Dreman still held 6,835 shares as of 09/30/2009.
Lincoln Electric Holdings, Inc. is a full-line manufacturer of welding and cutting products and integral horsepower industrial electric motors. Welding products include arc welding power sources, wire feeding systems, robotic welding packages, fume extraction equipment, consumable electrodes and fluxes. The company's welding product offering also includes regulators and torches used in oxy-fuel welding and cutting. The company's products are sold in both domestic and international markets. Lincoln Electric Holdings Inc. has a market cap of $2.29 billion; its shares were traded at around $53.88 with a P/E ratio of 27.7 and P/S ratio of 0.9. The dividend yield of Lincoln Electric Holdings Inc. stocks is 2%. Lincoln Electric Holdings Inc. had an annual average earning growth of 5.5% over the past 10 years.
Reduced: Kbw Bank Etf (KBE)
David Dreman reduced to his holdings in Kbw Bank Etf by 20.25%. His sale prices were between $16.91 and $24.08, with an estimated average price of $21.15. The impact to his portfolio due to this sale was -0.01%. David Dreman still held 122,267 shares as of 09/30/2009.
Kbw Bank Etf has a market cap of $13.3 million; its shares were traded at around $21.89 . The dividend yield of Kbw Bank Etf stocks is 1.6%.
Reduced: Cbs Corp. (CBS)
David Dreman reduced to his holdings in Cbs Corp. by 26.78%. His sale prices were between $5.78 and $12.65, with an estimated average price of $9.5. The impact to his portfolio due to this sale was -0.03%. David Dreman still held 331,320 shares as of 09/30/2009.
CBS Corporation is a mass media company with constituent parts that reach back to the beginnings of the broadcast industry, as well as newer businesses that operate on the leading edge of the media industry. The Company, through its many and varied operations, combines broad reach with well-positioned local businesses, all of which provide it with an extensive distribution network by which it serves audiences and advertisers in states and key international markets. It has operations in virtually every field of media and entertainment, including broadcast television (CBS and UPN), cable television (Showtime), local television (CBS Television Stations), television production and syndication (CBS Paramount Television and King World), radio (CBS Radio), advertising on out-of-home media (CBS Outdoor), publishing (Simon & Schuster), theme parks (Paramount Parks), digital media (CBS Digital Media Group and CSTV Networks) and consumer products (CBS Consumer Products). Cbs Corp. has a market cap of $9.39 billion; its shares were traded at around $13.85 with a P/E ratio of 24.7 and P/S ratio of 0.7. The dividend yield of Cbs Corp. stocks is 1.5%.
Reduced: Hcc Insurance Holdings Inc. ( HCC)
David Dreman reduced to his holdings in Hcc Insurance Holdings Inc. by 46.89%. His sale prices were between $23.67 and $28.14, with an estimated average price of $25.78. The impact to his portfolio due to this sale was -0.03%. David Dreman still held 102,795 shares as of 09/30/2009.
HCC, through its subsidiaries, provides specialized property & casualty insurance coverages, managing general agency services & insurance related services both to commercial customers & individuals. HCC's insurance products are underwritten on both a direct & reinsurance basis & are marketed by the Company itself & through a network of independent & affiliated agents & brokers. HCC's principal insurance company subsidiaries are Houston Casualty Co., U.S. Specialty Insurance Co. & Trafalgar Insurance Co. in Houston, Texas; & AVEMCO Insurance Co. in Frederick, Maryland. Hcc Insurance Holdings Inc. has a market cap of $3.02 billion; its shares were traded at around $26.92 with a P/E ratio of 8.7 and P/S ratio of 1.3. The dividend yield of Hcc Insurance Holdings Inc. stocks is 2%. Hcc Insurance Holdings Inc. had an annual average earning growth of 15.5% over the past 10 years. GuruFocus rated Hcc Insurance Holdings Inc. the business predictability rank of 2.5-star.
Reduced: Ventas Inc. ( VTR)
David Dreman reduced to his holdings in Ventas Inc. by 65.88%. His sale prices were between $27.97 and $39.97, with an estimated average price of $35.64. The impact to his portfolio due to this sale was -0.05%. David Dreman still held 66,875 shares as of 09/30/2009.
Ventas, Inc. is a healthcare real estate investment trust. Ventas Inc. has a market cap of $6.55 billion; its shares were traded at around $41.82 with a P/E ratio of 15.7 and P/S ratio of 7. The dividend yield of Ventas Inc. stocks is 4.9%. Ventas Inc. had an annual average earning growth of 15.3% over the past 5 years.
Reduced: Arrow Electronics Inc. ( ARW)
David Dreman reduced to his holdings in Arrow Electronics Inc. by 56.36%. His sale prices were between $20.02 and $29.44, with an estimated average price of $25.85. The impact to his portfolio due to this sale was -0.05%. David Dreman still held 116,350 shares as of 09/30/2009.
Arrow Electronics, Inc. is the world's largest distributor of electronic components and computer products to industrial and commercial customers. The company is a major global provider of products, services, and solutions to industrial and commercial users of electronic components and computer products. The company offers sales, service, and technical support capabilities that not only enable the company to provide the most powerful line card to their customers, but to be their strategic business partner as well. Through a wide range of value-added services, the company assists their customers reduce their time to market, lower their total cost of ownership, and enhance their overall competitiveness. Arrow Electronics Inc. has a market cap of $3.32 billion; its shares were traded at around $27.74 with a P/E ratio of 16.9 and P/S ratio of 0.2. Arrow Electronics Inc. had an annual average earning growth of 0.7% over the past 10 years.
Reduced: Garmin Ltd. (GRMN)
David Dreman reduced to his holdings in Garmin Ltd. by 33.11%. His sale prices were between $22.67 and $37.57, with an estimated average price of $30.08. The impact to his portfolio due to this sale was -0.06%. David Dreman still held 179,065 shares as of 09/30/2009.
Garmin International is designs, manufactures, and markets navigation and communications equipment for a variety of markets, including aviation, marine, automotive, cellular, OEM, and general recreation. Specifically, the company aims to enrich the lives of customers, suppliers, distributors, and employees by providing the very best products that offer superior quality, safety, and operational features at affordable prices. Garmin Ltd. has a market cap of $6.48 billion; its shares were traded at around $32.33 with a P/E ratio of 10.8 and P/S ratio of 1.8. The dividend yield of Garmin Ltd. stocks is 2.4%. Garmin Ltd. had an annual average earning growth of 41.7% over the past 5 years.
Reduced: Pfizer Inc ( PFE)
David Dreman reduced to his holdings in Pfizer Inc by 20.57%. His sale prices were between $14.2 and $16.86, with an estimated average price of $15.95. The impact to his portfolio due to this sale was -0.11%. David Dreman still held 1,253,443 shares as of 09/30/2009.
Pfizer Inc is a research-based, global pharmaceutical company that discovers and develops innovative, value-added products that improve the quality of life of people around the world and help them enjoy longer, healthier, and more productive lives. Pfizer has three business segments: health care, animal health and consumer health care. Its products are available in numerous countries. (Company Press Release) Pfizer Inc has a market cap of $121.08 billion; its shares were traded at around $17.94 with a P/E ratio of 8.2 and P/S ratio of 2.5. The dividend yield of Pfizer Inc stocks is 3.6%. Pfizer Inc had an annual average earning growth of 11% over the past 10 years. GuruFocus rated Pfizer Inc the business predictability rank of 2.5-star.
Reduced: Amedisys Inc ( AMED)
David Dreman reduced to his holdings in Amedisys Inc by 20.06%. His sale prices were between $31.91 and $45.78, with an estimated average price of $40.46. The impact to his portfolio due to this sale was -0.13%. David Dreman still held 574,911 shares as of 09/30/2009.
Amedisys, Inc. is a leading multi-regional provider of home health care nursing services. They operate home care nursing offices in southern and southeastern United States. Amedisys Inc has a market cap of $1.06 billion; its shares were traded at around $38.31 with a P/E ratio of 8.5 and P/S ratio of 0.9. Amedisys Inc had an annual average earning growth of 59% over the past 5 years.
Reduced: Ryder System Inc. (R)
David Dreman reduced to his holdings in Ryder System Inc. by 23.71%. His sale prices were between $24.78 and $42.82, with an estimated average price of $35.51. The impact to his portfolio due to this sale was -0.14%. David Dreman still held 586,938 shares as of 09/30/2009.
Ryder System, Inc. provides a continuum of leading-edge logistics,supply chain and transportation management solutions worldwide. Product offerings range from full-service leasing, commercial rental and programmed maintenance of vehicles to integrated services such as dedicated contract carriage and carrier management. Additionally, Ryder offers comprehensive supply chain solutions, lead logistics management services and e-Commerce solutions that support clients entire supply chains. Ryder System Inc. has a market cap of $2.41 billion; its shares were traded at around $43.15 with a P/E ratio of 19 and P/S ratio of 0.4. The dividend yield of Ryder System Inc. stocks is 2.3%. Ryder System Inc. had an annual average earning growth of 4.5% over the past 10 years.
Reduced: Joy Global Inc. (JOYG)
David Dreman reduced to his holdings in Joy Global Inc. by 72.58%. His sale prices were between $31.14 and $49.54, with an estimated average price of $39.49. The impact to his portfolio due to this sale was -0.16%. David Dreman still held 173,450 shares as of 09/30/2009.
Joy Global Inc. is a worldwide leader in manufacturing, servicing and distributing equipment for surface mining through its P&H Mining Equipment division and underground mining through its Joy Mining Machinery division.(Press Release) Joy Global Inc. has a market cap of $5.82 billion; its shares were traded at around $56.85 with a P/E ratio of 12.9 and P/S ratio of 1.7. The dividend yield of Joy Global Inc. stocks is 1.2%. Joy Global Inc. had an annual average earning growth of 79% over the past 5 years.
Reduced: Staples Inc. ( SPLS)
David Dreman reduced to his holdings in Staples Inc. by 27.66%. His sale prices were between $18.86 and $23.29, with an estimated average price of $21.55. The impact to his portfolio due to this sale was -0.23%. David Dreman still held 1,369,131 shares as of 09/30/2009.
Staples.com is creating a leading business-to-business electronic marketplace offering a comprehensive solution for all of the officeneeds of business customers. Staples.com provides an electronic marketplace where small, mid-sized and large businesses can procure office products and business services and obtain business information and expert content. Staples.com includes the operations of all three of Staples Inc.'s e-commerce sites: Staples.com, Quillcorp.com and StaplesLink.com. (PRESS RELEASE) Staples Inc. has a market cap of $16.46 billion; its shares were traded at around $22.79 with a P/E ratio of 19.6 and P/S ratio of 0.7. The dividend yield of Staples Inc. stocks is 0.4%. Staples Inc. had an annual average earning growth of 15.6% over the past 10 years. GuruFocus rated Staples Inc. the business predictability rank of 4.5-star.
Sold Out: Peabody Energy Corp. (BTU)
David Dreman sold out his holdings in Peabody Energy Corp.. His sale prices were between $27.37 and $40.22, with an estimated average price of $34.24.
Peabody Energy is the largest private-sector coal company in the world. They offer a broad portfolio of coal supplies including coal produced from operations that Peabody Energy manages or owns majority interests in along with brokered coal secured by Peabody Coaltrade. Peabody Energy Corp. has a market cap of $12.59 billion; its shares were traded at around $47.04 with a P/E ratio of 18.1 and P/S ratio of 1.9. The dividend yield of Peabody Energy Corp. stocks is 0.6%. Peabody Energy Corp. had an annual average earning growth of 19.9% over the past 5 years.
Sold Out: Caterpillar Inc. ( CAT)
David Dreman sold out his holdings in Caterpillar Inc.. His sale prices were between $30.29 and $54.34, with an estimated average price of $43.93.
Caterpillar Inc is the world's largest manufacturer of construction and mining equipment, diesel and natural gas engines and industrial gas turbines. The company is one of only a handful of U.S. companies that leads its industry while competing globally from a principally domestic manufacturing base. The company records more than half of its sales to overseas customers. Their products are used in the construction, road building, mining, forestry, energy, transportation and material-handling industries. Caterpillar Inc. has a market cap of $37.2 billion; its shares were traded at around $59.88 with a P/E ratio of 21.1 and P/S ratio of 0.7. The dividend yield of Caterpillar Inc. stocks is 2.8%. Caterpillar Inc. had an annual average earning growth of 11.2% over the past 10 years.
Sold Out: Cooper Industries Ltd. ( CBE)
David Dreman sold out his holdings in Cooper Industries Ltd.. His sale prices were between $29.24 and $37.85, with an estimated average price of $33.45.
Cooper Industries Plc, formerly Cooper Industries, Ltd., operates in two business segments: Electrical Products and Tools. The Company manufactures, markets and sells its products and provides services throughout the world. Operations in the United States are conducted by wholly owned subsidiaries of Cooper, organized by the two business segments. Cooper serves four major markets: the industrial, commercial, utility and residential markets. Cooper also serves the electronics and telecommunications markets. Markets for Cooper's products and services are worldwide, with United States being the key market. The Electrical Products segment manufactures, markets and sells electrical and circuit protection products. The Tools segment manufactures, markets and sells hand tools for industrial, construction, electronics and consumer markets. Cooper Industries Ltd. has a market cap of $7.29 billion; its shares were traded at around $43.7 with a P/E ratio of 16.9 and P/S ratio of 1.1. The dividend yield of Cooper Industries Ltd. stocks is 2.3%. Cooper Industries Ltd. had an annual average earning growth of 1.3% over the past 10 years.
Sold Out: Freeportmcmoran Copper & Gold Inc. ( FCX)
David Dreman sold out his holdings in Freeportmcmoran Copper & Gold Inc.. His sale prices were between $45 and $73.15, with an estimated average price of $61.33.
Freeport-McMoRan is engaged in mineral exploration and development, mining and milling of copper, gold, and silver in Indonesia, and the smelting and refining of copper concentrates in Spain and Indonesia. They are the world's lowest-cost copper producer and one of the world's largest producers of copper and gold. FCX's operations are conducted through its subsidiaries, P.T. Freeport Indonesia (PT-FI), P.T. IRJA Eastern Minerals Corporation (Eastern Mining) and through Atlantic Copper, S.A. ( Atlantic). Freeportmcmoran Copper & Gold Inc. has a market cap of $36.7 billion; its shares were traded at around $85.36 with a P/E ratio of 31.7 and P/S ratio of 2. Freeportmcmoran Copper & Gold Inc. had an annual average earning growth of 15.1% over the past 10 years.
Sold Out: Zions Ban Corp. ( ZION)
David Dreman sold out his holdings in Zions Ban Corp.. His sale prices were between $10.68 and $19.07, with an estimated average price of $15.18.
Zions Bancorporation is a multi-bank holding company. Zions focuses on maintaining community-minded banking by strengthening its core business lines of retail banking, small and medium-sized business lending, residential mortgage and investment activities. The banks provide a wide variety of commercial and retail banking and mortgage-lending financial services. Commercial loans, lease financing, cash management, lockbox, customized draft processing, and other special financial services are provided for business and other commercial banking customers. Zions Ban Corp. has a market cap of $1.7 billion; its shares were traded at around $13.46 with and P/S ratio of 0.5. The dividend yield of Zions Ban Corp. stocks is 0.3%. Zions Ban Corp. had an annual average earning growth of 7.9% over the past 10 years. GuruFocus rated Zions Ban Corp. the business predictability rank of 4.5-star.
Sold Out: Bristow Group Inc. ( BRS)
David Dreman sold out his holdings in Bristow Group Inc.. His sale prices were between $26.99 and $33.97, with an estimated average price of $30.81.
Bristow Group Inc. is a leading provider of helicopter services to the worldwide energy industry. Through its subsidiaries, affiliates and joint ventures, the Company has major transportation operations in the U.S. Gulf of Mexico and the North Sea, and in most of the other major offshore oil and gas producing regions of the world, including Alaska, Australia, Brazil, Mexico, Nigeria, Russia and Trinidad. Additionally, the Company is a leading provider of production management services for oil and gas production facilities in the U.S. Gulf of Mexico. Bristow Group Inc. has a market cap of $1.08 billion; its shares were traded at around $36.94 with a P/E ratio of 12.7 and P/S ratio of 0.9. Bristow Group Inc. had an annual average earning growth of 7.4% over the past 10 years. GuruFocus rated Bristow Group Inc. the business predictability rank of 3.5-star.
Sold Out: Baldor Electric Company ( BEZ)
David Dreman sold out his holdings in Baldor Electric Company. His sale prices were between $21.11 and $30.05, with an estimated average price of $27.13.
Baldor Electric Company operates in one industry segment which includes the design, manufacture, and sale of electric motors and drives and related products. Baldor has made several small acquisitions; however, the majority of its growth has come internally through broadening its markets and product lines. Baldor Electric Company has a market cap of $1.32 billion; its shares were traded at around $28.29 with a P/E ratio of 25.5 and P/S ratio of 0.7. The dividend yield of Baldor Electric Company stocks is 2.4%. Baldor Electric Company had an annual average earning growth of 5.4% over the past 10 years.
Sold Out: Autoliv Inc. ( ALV)
David Dreman sold out his holdings in Autoliv Inc.. His sale prices were between $26.6 and $36.63, with an estimated average price of $32.58.
Autoliv Inc. is a worldwide leader in automotive safety, a pioneer in both seatbelts and airbags, and a technology leader with the widest product offering for automotive safety. All the leading automobile manufacturers in the world are our customers. Autoliv Inc. has a market cap of $3.46 billion; its shares were traded at around $40.66 with and P/S ratio of 0.5. Autoliv Inc. had an annual average earning growth of 6.8% over the past 10 years.
Sold Out: Willis Group Holdings Ltd. (WSH)
David Dreman sold out his holdings in Willis Group Holdings Ltd.. His sale prices were between $24.17 and $28.26, with an estimated average price of $26.18.
Willis Group is a global insurance broker providing specialized risk management, advisory, and other services to a broad range of corporate andinstitutional clients, with particular expertise in the construction, aerospace, marine and energy industries. Willis Group Holdings Ltd. has a market cap of $4.7 billion; its shares were traded at around $27.94 with a P/E ratio of 10.8 and P/S ratio of 5.8. The dividend yield of Willis Group Holdings Ltd. stocks is 3.7%.
Sold Out: Associated Banccorp ( ASBC)
David Dreman sold out his holdings in Associated Banccorp. His sale prices were between $9.21 and $12.67, with an estimated average price of $11.03.
Associated Banc-Corp is a diversified multibank holding company. The company has banking offices serving communities in Wi., Il. and Min. The company offers a full range of traditional banking services such as: Business banking, Trust, asset management, and investment services, Retail banking, Private banking, Credit and debit cards, Personal loans, Full-service, discount and online investment brokerage, Personal trust, Employee benefit plan investment management, Insurance, Leasing, Correspondent banking, Cash management services, International banking. Associated Banccorp has a market cap of $1.52 billion; its shares were traded at around $11.9 with a P/E ratio of 44.1 and P/S ratio of 1. The dividend yield of Associated Banccorp stocks is 1.7%. Associated Banccorp had an annual average earning growth of 5.6% over the past 10 years.
Sold Out: United Fire & Casualty Company ( UFCS)
David Dreman sold out his holdings in United Fire & Casualty Company. His sale prices were between $16.63 and $20.94, with an estimated average price of $18.71.
United Fire & Casualty Company is engaged in the business of writing property, casualty and life insurance. Their property and casualty segment includes the following companies, all of which are wholly owned by United Fire: Addison Insurance Company, a property and casualty insurer, Lafayette Insurance Company, a property and casualty insurer, and American Indemnity Financial Corporation, a holding company. United Fire & Casualty Company has a market cap of $462.1 million; its shares were traded at around $17.38 with and P/S ratio of 0.8. The dividend yield of United Fire & Casualty Company stocks is 3.4%. United Fire & Casualty Company had an annual average earning growth of 20.9% over the past 10 years.
Sold Out: Urs Corp. ( URS)
David Dreman sold out his holdings in Urs Corp.. His sale prices were between $41.32 and $51, with an estimated average price of $46.37.
URS Corporation offers a broad range of planning, design, and program and construction management services for transportation, hazardous waste, industrial processing and petrochemical, general building and water/wastewater projects. The company operates in countries with employees providing engineering services to federal, state and local governmental agencies as well as private clients in the chemical, manufacturing, pharmaceutical, forest products, mining, oil and gas, and utilities industries. (PRESS RELEASE) Urs Corp. has a market cap of $3.78 billion; its shares were traded at around $44.82 with a P/E ratio of 15 and P/S ratio of 0.4.
Sold Out: Cincinnati Financial Corp. ( CINF)
David Dreman sold out his holdings in Cincinnati Financial Corp.. His sale prices were between $21.54 and $26.12, with an estimated average price of $24.43.
Cincinnati Financial Corporation offers property and casualty insurance, its main business, through The Cincinnati Insurance Company, The Cincinnati Indemnity Company and The Cincinnati Casualty Company. The Cincinnati Life Insurance Company markets life and disability income insurance and annuities. CFC Investment Company offers commercial leasing and financing services. CinFin Capital Management Company provides asset management services to institutions, corporations and individuals. Cincinnati Financial Corp. has a market cap of $4.21 billion; its shares were traded at around $25.91 with a P/E ratio of 19 and P/S ratio of 1.1. The dividend yield of Cincinnati Financial Corp. stocks is 6.1%. Cincinnati Financial Corp. had an annual average earning growth of 18.5% over the past 10 years.
Sold Out: Bj Services Company ( BJS)
David Dreman sold out his holdings in Bj Services Company. His sale prices were between $12.39 and $19.83, with an estimated average price of $15.42.
BJ Services Company is a leading provider of pressure pumping and other oilfield services serving the petroleum industry worldwide. The Company's pressure pumping services consist of cementing and stimulation services used in the completion of new oil and natural gas wells and in remedial work on existing wells, both onshore and offshore. Bj Services Company has a market cap of $5.76 billion; its shares were traded at around $19.73 with a P/E ratio of 15.8 and P/S ratio of 1.1. The dividend yield of Bj Services Company stocks is 1%. Bj Services Company had an annual average earning growth of 24.7% over the past 10 years. GuruFocus rated Bj Services Company the business predictability rank of 3-star.
Sold Out: National Penn Bancshares Inc. ( NPBC)
David Dreman sold out his holdings in National Penn Bancshares Inc.. His sale prices were between $3.97 and $6.49, with an estimated average price of $5.23.
NATIONAL PENN BANCSHARES, INC is a bank holding company engaged in general banking business. National Penn Bancshares Inc. has a market cap of $693.9 million; its shares were traded at around $5.67 with and P/S ratio of 1.4. The dividend yield of National Penn Bancshares Inc. stocks is 0.7%. National Penn Bancshares Inc. had an annual average earning growth of 5.4% over the past 10 years. GuruFocus rated National Penn Bancshares Inc. the business predictability rank of 2.5-star.
Sold Out: National Semiconductor Corp. ( NSM)
David Dreman sold out his holdings in National Semiconductor Corp.. His sale prices were between $11.85 and $15.98, with an estimated average price of $14.45.
National Semiconductor Corp. the industry's premier analog company, creates high performance analog devices and subsystems. National's leading-edge products include power management circuits, display drivers, audio and operational amplifiers, communication interface products and data conversion solutions. National's key analog markets include wireless handsets, displays and a variety of broad electronics markets, including medical, automotive, industrial, and test and measurement applications. National Semiconductor Corp. has a market cap of $3.43 billion; its shares were traded at around $14.44 with a P/E ratio of 240.6 and P/S ratio of 2.4. The dividend yield of National Semiconductor Corp. stocks is 2.2%. National Semiconductor Corp. had an annual average earning growth of 19% over the past 5 years.
Sold Out: Legg Mason Inc. (LM)
David Dreman sold out his holdings in Legg Mason Inc.. His sale prices were between $22.63 and $32.6, with an estimated average price of $27.59.
Legg Mason, Inc. is a holding company which, through its subsidiaries, isprincipally engaged in providing asset management, securities brokerage,investment banking and related financial services to individuals,institutions, corporations and municipalities. Legg Mason Inc. has a market cap of $5.07 billion; its shares were traded at around $31.3 with and P/S ratio of 1.5. The dividend yield of Legg Mason Inc. stocks is 0.4%. Legg Mason Inc. had an annual average earning growth of 9.6% over the past 10 years. GuruFocus rated Legg Mason Inc. the business predictability rank of 4.5-star.
Sold Out: Old Republic International Corp. ( ORI)
David Dreman sold out his holdings in Old Republic International Corp.. His sale prices were between $9.15 and $12.63, with an estimated average price of $10.97.
Old Republic International Corporation is Chicago-based and is an insurance holding company whose subsidiaries market, underwrite and provide risk management services for a wide variety of coverages in the property and liability, mortgage guaranty, title and life and health insurance fields. Old Republic International Corp. has a market cap of $2.68 billion; its shares were traded at around $11.16 with and P/S ratio of 0.7. The dividend yield of Old Republic International Corp. stocks is 6.1%. Old Republic International Corp. had an annual average earning growth of 5% over the past 10 years.
Sold Out: Iamgold Corp. (IAG)
David Dreman sold out his holdings in Iamgold Corp.. His sale prices were between $9.1 and $14.79, with an estimated average price of $11.72.
IAMGOLD Corp is an international gold exploration and mining company based in Canada. It holds a 38% stake in the Sadiola Gold Mine and a 40% stake in the Yatela Gold Mine. Both are located in Mali, West Africa. Measured and indicated resources at Sadiola and Yatela are 5.5 million ounces of gold (including reserves of 5.2 million ounces). Inferred resources are 5.9 million ounces. IAMGOLD is actively exploring highly prospective ground in Africa and South America. Iamgold Corp. has a market cap of $6.96 billion; its shares were traded at around $18.92 with a P/E ratio of 34.4 and P/S ratio of 8. The dividend yield of Iamgold Corp. stocks is 0.3%.
Sold Out: Lincare Holdings Inc. ( LNCR)
David Dreman sold out his holdings in Lincare Holdings Inc.. His sale prices were between $22.12 and $33.08, with an estimated average price of $26.06.
Lincare Holdings Inc. is one of the nation's largest providers of oxygen and other respiratory therapy services to patients in the home. The company's customers typically suffer from chronic obstructive pulmonary disease, such as emphysema, chronic bronchitis or asthma, and require supplemental oxygen or other respiratory therapy services in order to alleviate the symptoms and discomfort of respiratory dysfunction. Lincare Holdings Inc. has a market cap of $2.44 billion; its shares were traded at around $35.97 with a P/E ratio of 16.6 and P/S ratio of 1.4. Lincare Holdings Inc. had an annual average earning growth of 15.2% over the past 10 years. GuruFocus rated Lincare Holdings Inc. the business predictability rank of 4-star.
Sold Out: Parkerhannifin Corp. (PH)
David Dreman sold out his holdings in Parkerhannifin Corp.. His sale prices were between $39.98 and $55.18, with an estimated average price of $47.83.
Parker-Hannifin Corporation is a leading worldwide full-line manufacturer of motion control products, including fluid power systems, electro-mechanical controls and related components. Fluid power involvesthe transfer and control of power through the medium of liquid, gas or air, in hydraulic, pneumatic and vacuum applications. Fluid power systems move and position materials, control machines, vehicles and equipment and improve industrial efficiency and productivity. Parkerhannifin Corp. has a market cap of $9.02 billion; its shares were traded at around $56.09 with a P/E ratio of 27.4 and P/S ratio of 0.9. The dividend yield of Parkerhannifin Corp. stocks is 1.8%. Parkerhannifin Corp. had an annual average earning growth of 9.8% over the past 10 years.
Sold Out: Prosperity Bancshares Inc. ( PRSP)
David Dreman sold out his holdings in Prosperity Bancshares Inc.. His sale prices were between $28.62 and $37.03, with an estimated average price of $33.56.
Prosperity Bancshares is a registered bank holding Company that derives substantially all of its revenues and income from the operation of First Prosperity Bank. The Bank is a full service bank that provides a broad lineof financial products and services to small and medium sized businesses and consumers through full-service banking locations, three of which are located in the greater Houston metropolitan area. Prosperity Bancshares Inc. has a market cap of $1.74 billion; its shares were traded at around $37.74 with a P/E ratio of 16.9 and P/S ratio of 4.4. The dividend yield of Prosperity Bancshares Inc. stocks is 1.5%. Prosperity Bancshares Inc. had an annual average earning growth of 19.8% over the past 10 years. GuruFocus rated Prosperity Bancshares Inc. the business predictability rank of 5-star.
Sold Out: Federal Ntl Mtg Pfd (FNA)
David Dreman sold out his holdings in Federal Ntl Mtg Pfd. His sale prices were between $0.77 and $3.3, with an estimated average price of $1.76.
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Sold Out: Dreamworks Animation Skg Inc. (DWA)
David Dreman sold out his holdings in Dreamworks Animation Skg Inc.. His sale prices were between $26.16 and $36.64, with an estimated average price of $31.37.
Dream Works Animation SKG, Inc. develops and produces computer generated animated feature films for a broad movie-going audience. Dreamworks Animation Skg Inc. has a market cap of $2.93 billion; its shares were traded at around $33.8 with a P/E ratio of 20.2 and P/S ratio of 4.6.
Sold Out: Dick's Sporting Goods Inc. (DKS)
David Dreman sold out his holdings in Dick's Sporting Goods Inc.. His sale prices were between $16.68 and $23.15, with an estimated average price of $20.52.
Dick's Sporting Goods is a leading full-line sporting goods retailer in the United States. Dick's Sporting Goods Inc. has a market cap of $2.81 billion; its shares were traded at around $24.92 with a P/E ratio of 22.8 and P/S ratio of 0.7. Dick's Sporting Goods Inc. had an annual average earning growth of 26.1% over the past 5 years.
Sold Out: Cemex S.a.b. De C.v. (CX)
David Dreman sold out his holdings in Cemex S.a.b. De C.v.. His sale prices were between $7.79 and $14.2, with an estimated average price of $11.05.
CEMEX is one of the largest cement companies in the world, with close to 78 million metric tons of production capacity. Through operating subsidiaries in four continents, they are engaged in the production, distribution, marketing and sale of cement, ready-mix concrete, aggregates and clinker. They are also the world's leading producer of white cement and the world's largest trader of cement and clinker. Cemex S.a.b. De C.v. has a market cap of $9.48 billion; its shares were traded at around $11.73 with and P/S ratio of 0.4.
Sold Out: Safety Insurance Group Inc. (SAFT)
David Dreman sold out his holdings in Safety Insurance Group Inc.. His sale prices were between $30.13 and $34.01, with an estimated average price of $32.28.
Safety Insurance Group is the parent of Safety Insurance Company, a Boston, MA, based writer of property and casualty insurance. Safety is a leading writer of private passenger automobile insurance in Massachusetts. Safety Insurance Group Inc. has a market cap of $553.5 million; its shares were traded at around $36.08 with a P/E ratio of 10.2 and P/S ratio of 0.9. The dividend yield of Safety Insurance Group Inc. stocks is 4.4%. Safety Insurance Group Inc. had an annual average earning growth of 35.4% over the past 5 years.
Sold Out: Selective Insurance Group Inc. ( SIGI)
David Dreman sold out his holdings in Selective Insurance Group Inc.. His sale prices were between $12.3 and $17.41, with an estimated average price of $15.53.
Selective Insurance Group, Inc. is a regional insurance holding company which, through its insurance subsidiaries, offers a broad range of property and casualty insurance products. Selective's commercial insurance products are directed to small- to medium-sized service-oriented businesses, governmental entities and selected classes of light industry. They also offer personal insurance products to individuals and families. Selective Insurance Group Inc. has a market cap of $819 million; its shares were traded at around $15.45 with a P/E ratio of 15 and P/S ratio of 0.5. The dividend yield of Selective Insurance Group Inc. stocks is 3.3%. Selective Insurance Group Inc. had an annual average earning growth of 17% over the past 10 years.
Sold Out: The J.m. Smucker Company ( SJM)
David Dreman sold out his holdings in The J.m. Smucker Company. His sale prices were between $47.87 and $54.28, with an estimated average price of $51.19.
The J.M. Smucker Company, headquartered in Orrville, Ohio is the leading marketer of jams, jellies, preserves, and other fruit spreads in the U.S. They are also the leader in dessert toppings, natural peanut butter, and health and natural foods juice products, and market a wide variety of other specialty products throughout the U.S. and in many foreign countries. In the fruit spreads category, they also hold the leadership position in Australia and Canada. The J.m. Smucker Company has a market cap of $6.44 billion; its shares were traded at around $54.18 with a P/E ratio of 14.1 and P/S ratio of 1.7. The dividend yield of The J.m. Smucker Company stocks is 2.6%. The J.m. Smucker Company had an annual average earning growth of 10.9% over the past 10 years. GuruFocus rated The J.m. Smucker Company the business predictability rank of 4.5-star.
Sold Out: Noble Energy Inc. ( NBL)
David Dreman sold out his holdings in Noble Energy Inc.. His sale prices were between $52.75 and $69.57, with an estimated average price of $61.
Noble Energy, the parent company of Samedan Oil Corporation, Noble Gas Marketing, Inc. and Noble Trading, Inc., is one of the nation's leading independent energy companies. Noble Energy operates throughout major basins in the United Stated including the Gulf of Mexico, as well as internationally, in Argentina, China, Ecuador, Equatorial Guinea, the Mediterranean Sea, the North Sea and Vietnam. Noble Energy Inc. has a market cap of $11.63 billion; its shares were traded at around $67.06 with a P/E ratio of 20.6 and P/S ratio of 3. The dividend yield of Noble Energy Inc. stocks is 1.1%. Noble Energy Inc. had an annual average earning growth of 14.7% over the past 10 years. GuruFocus rated Noble Energy Inc. the business predictability rank of 1-star.
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