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First Pacific Advisors Buys Johnson & Johnson, Transocean Inc., Walgreen Company, Devon Energy Corp., Sells Assurant Inc.

This is the Q2 portfolio update of First Pacific Advisors. The firm is led by CEO Bob Rodriguez and partner Steven Romick and is bullish with energy stocks. They are buying more of them in the second quarter. They also added the consumer services companies.

For First Pacific Advisors we also track two of their mutual funds separately. One is FPA Capital Fund, managed by Robert Rodriguez himself. The other is FPA Crescent Fund, managed by Steven Romick. Both funds have achieved outstanding results over the past decade.

The firm did a lot more buying over selling in the past quarter. We knew that in Nov. 2007 FPA had a freeze in buying. Now it looks like a time they want to buy.

According to the most recent filings, First Pacific Advisors owns 105 stocks with a total value of $4 billion. These are the details of the buys and sells.

For the details of First Pacific Advisors's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=First+Pacific+Advisors

This is the sector weightings of his portfolio:

Oil & Gas 31%
Industrials 17.4%
Health Care 15.1%
Consumer Services 14.3%
Consumer Goods 4.9%
Technology 4.1%
Financials 4%
Telecommunications 1.9%
Basic Materials 0.8%


These are the top 5 holdings of First Pacific Advisors

  1. ENSCO International Inc. (ESV) - 7,980,100 shares, 7.85% of the total portfolio. Shares added by 6.02%
  2. Rowan Companies Inc. (RDC) - 7,352,500 shares, 4.04% of the total portfolio. Shares added by 4.42%
  3. Avnet Inc. (AVT) - 5,700,800 shares, 3.44% of the total portfolio. Shares reduced by 2.72%
  4. Covidien Ltd. (COV) - 3,209,200 shares, 3.23% of the total portfolio. Shares added by 33.04%
  5. Signet Group Plc (SIG) - 4,280,050 shares, 2.95% of the total portfolio. Shares reduced by 7.45%


Added: Walmart Stores Inc. (WMT)

First Pacific Advisors added to his holdings in Walmart Stores Inc. by 149.74%. His purchase prices were between $48.8 and $55.53, with an estimated average price of $52.5. The impact to his portfolio due to this purchase was 1.1%. His holdings were 1,515,900 shares as of 06/30/2010.

Wal-Mart Stores, Inc. is the world's largest retailer. Walmart Stores Inc. has a market cap of $190.27 billion; its shares were traded at around $51.29 with a P/E ratio of 13.6 and P/S ratio of 0.5. The dividend yield of Walmart Stores Inc. stocks is 2.3%. Walmart Stores Inc. had an annual average earning growth of 11.1% over the past 10 years. GuruFocus rated Walmart Stores Inc. the business predictability rank of 5-star.

Added: Occidental Petroleum Corp. (OXY)

First Pacific Advisors added to his holdings in Occidental Petroleum Corp. by 56.34%. His purchase prices were between $77.66 and $89.99, with an estimated average price of $83.65. The impact to his portfolio due to this purchase was 0.89%. His holdings were 1,280,900 shares as of 06/30/2010.

Occidental Petroleum Corp. explores for, develops, produces and markets crude oil and natural gas and manufactures and markets a variety of basic chemicals, including chlorine, caustic soda, and ethylene dichloride, as well as specialty chemicals and vinyls, including polyvinyl chloride resins and vinyl chloride monomer. Occidental Petroleum Corp. has a market cap of $63.89 billion; its shares were traded at around $78.67 with a P/E ratio of 15.5 and P/S ratio of 4.1. The dividend yield of Occidental Petroleum Corp. stocks is 1.9%. Occidental Petroleum Corp. had an annual average earning growth of 13.6% over the past 10 years.

Added: Aon (AON)

First Pacific Advisors added to his holdings in Aon by 43.91%. His purchase prices were between $37.72 and $44.26, with an estimated average price of $41.04. The impact to his portfolio due to this purchase was 0.82%. His holdings were 2,880,200 shares as of 06/30/2010.

Aon Corporation is a holding company whose operating subsidiaries carry onbusiness in three distinct segments: insurance brokerage and other services; consulting; and insurance underwriting. Aon has a market cap of $10.18 billion; its shares were traded at around $37.8 with a P/E ratio of 11.7 and P/S ratio of 1.4. The dividend yield of Aon stocks is 1.6%. Aon had an annual average earning growth of 2.7% over the past 10 years.

Added: Covidien Ltd. (COV)

First Pacific Advisors added to his holdings in Covidien Ltd. by 33.04%. His purchase prices were between $39.5 and $52.28, with an estimated average price of $45.1. The impact to his portfolio due to this purchase was 0.8%. His holdings were 3,209,200 shares as of 06/30/2010.

Covidien PLC, formerly Covidien Ltd, is engaged in the development, manufacture and sale of healthcare products for use in clinical and home settings. Covidien Ltd. has a market cap of $18.21 billion; its shares were traded at around $36.32 with a P/E ratio of 11 and P/S ratio of 1.7. The dividend yield of Covidien Ltd. stocks is 2%.

Added: Western Digital Corp. (WDC)

First Pacific Advisors added to his holdings in Western Digital Corp. by 59.56%. His purchase prices were between $30.67 and $44.71, with an estimated average price of $37.59. The impact to his portfolio due to this purchase was 0.78%. His holdings were 2,776,200 shares as of 06/30/2010.

Western Digital Corp. designs, develops, manufactures and markets a broad line of hard drives featuring leading-edge technology. Western Digital Corp. has a market cap of $6.13 billion; its shares were traded at around $26.76 with a P/E ratio of 4.4 and P/S ratio of 0.6. Western Digital Corp. had an annual average earning growth of 36% over the past 5 years.

Added: Wellpoint Inc. (WLP)

First Pacific Advisors added to his holdings in Wellpoint Inc. by 53.65%. His purchase prices were between $49.57 and $65.34, with an estimated average price of $55.02. The impact to his portfolio due to this purchase was 0.57%. His holdings were 1,323,100 shares as of 06/30/2010.

WellPoint, Inc. is the largest publicly traded commercial health benefits company in terms of membership in the United States. Wellpoint Inc. has a market cap of $22.74 billion; its shares were traded at around $53.24 with a P/E ratio of 8.1 and P/S ratio of 0.3. Wellpoint Inc. had an annual average earning growth of 21.6% over the past 10 years.

Added: Pfizer Inc (PFE)

First Pacific Advisors added to his holdings in Pfizer Inc by 53.26%. His purchase prices were between $14.28 and $17.29, with an estimated average price of $15.97. The impact to his portfolio due to this purchase was 0.47%. His holdings were 3,800,300 shares as of 06/30/2010.

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 Inc has a market cap of $131.8 billion; its shares were traded at around $16.34 with a P/E ratio of 7.8 and P/S ratio of 2.6. The dividend yield of Pfizer Inc stocks is 4.5%. Pfizer Inc had an annual average earning growth of 1.8% over the past 10 years.

Added: Abbott Laboratories (ABT)

First Pacific Advisors added to his holdings in Abbott Laboratories by 38.13%. His purchase prices were between $45.86 and $53.06, with an estimated average price of $49.28. The impact to his portfolio due to this purchase was 0.46%. His holdings were 1,423,300 shares as of 06/30/2010.

Abbott Laboratories is a global, broad-based health care company devoted to discovering new medicines, new technologies and new ways to manage health. Abbott Laboratories has a market cap of $77.18 billion; its shares were traded at around $50 with a P/E ratio of 12.7 and P/S ratio of 2.5. The dividend yield of Abbott Laboratories stocks is 3.5%. Abbott Laboratories had an annual average earning growth of 7.3% over the past 10 years. GuruFocus rated Abbott Laboratories the business predictability rank of 4.5-star.

Added: Ensco International Inc. (ESV)

First Pacific Advisors added to his holdings in Ensco International Inc. by 6.02%. His purchase prices were between $34.45 and $51.95, with an estimated average price of $42.39. The impact to his portfolio due to this purchase was 0.45%. His holdings were 7,980,100 shares as of 06/30/2010.

Ensco International plc, formerly ENSCO International Incorporated, is a provider of offshore contract drilling services to the international oil and gas industry. Ensco International Inc. has a market cap of $6.2 billion; its shares were traded at around $43.52 with a P/E ratio of 10.3 and P/S ratio of 3.2. The dividend yield of Ensco International Inc. stocks is 1%. Ensco International Inc. had an annual average earning growth of 23.9% over the past 10 years. GuruFocus rated Ensco International Inc. the business predictability rank of 3.5-star.

Added: Apache Corp. (APA)

First Pacific Advisors added to his holdings in Apache Corp. by 27.01%. His purchase prices were between $84.51 and $109.87, with an estimated average price of $97.4. The impact to his portfolio due to this purchase was 0.32%. His holdings were 721,800 shares as of 06/30/2010.

Apache Corporation is an independent energy company that explores for, develops and produces natural gas, crude oil and natural gas liquids. Apache Corp. has a market cap of $33.06 billion; its shares were traded at around $98.02 with a P/E ratio of 12.1 and P/S ratio of 3.9. The dividend yield of Apache Corp. stocks is 0.6%. Apache Corp. had an annual average earning growth of 16.6% over the past 10 years. GuruFocus rated Apache Corp. the business predictability rank of 3-star.

Added: Rowan Companies Inc. (RDC)

First Pacific Advisors added to his holdings in Rowan Companies Inc. by 4.42%. His purchase prices were between $22.07 and $32.5, with an estimated average price of $26.81. The impact to his portfolio due to this purchase was 0.17%. His holdings were 7,352,500 shares as of 06/30/2010.

Rowan Companies, Inc. is a major provider of international and domestic offshore contract drilling services. Rowan Companies Inc. has a market cap of $3.09 billion; its shares were traded at around $26.97 with a P/E ratio of 10.2 and P/S ratio of 1.8. Rowan Companies Inc. had an annual average earning growth of 24.8% over the past 10 years.

New Purchase: Anheuserbusch Inbev (BUD)

First Pacific Advisors initiated holdings in Anheuserbusch Inbev. His purchase prices were between $45.8 and $52.35, with an estimated average price of $49.1. The impact to his portfolio due to this purchase was 1.7%. His holdings were 1,410,300 shares as of 06/30/2010.

Anheuser-Busch Companies is the holding company parent of Anheuser-BuschIncorporated and to a number of subsidiaries that conduct variousother business operations. Anheuserbusch Inbev has a market cap of $87.98 billion; its shares were traded at around $54.84 with a P/E ratio of 21.5 and P/S ratio of 2.4. The dividend yield of Anheuserbusch Inbev stocks is 0.7%.

New Purchase: Johnson & Johnson (JNJ)

First Pacific Advisors initiated holdings in Johnson & Johnson. His purchase prices were between $58 and $66.03, with an estimated average price of $62.2. The impact to his portfolio due to this purchase was 0.57%. His holdings were 385,880 shares as of 06/30/2010.

Johnson & Johnson is engaged in the manufacture and sale of a broad range of products in the health care field in many countries of the world. Johnson & Johnson has a market cap of $163.69 billion; its shares were traded at around $59.35 with a P/E ratio of 12.5 and P/S ratio of 2.6. The dividend yield of Johnson & Johnson stocks is 3.7%. Johnson & Johnson had an annual average earning growth of 10.8% over the past 10 years. GuruFocus rated Johnson & Johnson the business predictability rank of 4.5-star.

New Purchase: Transocean Inc. (RIG)

First Pacific Advisors initiated holdings in Transocean Inc.. His purchase prices were between $42.58 and $92.03, with an estimated average price of $66.32. The impact to his portfolio due to this purchase was 0.44%. His holdings were 382,000 shares as of 06/30/2010.

Transocean LTD., formerly Transocean Inc., is an international provider of offshore contract drilling services for oil and gas wells. Transocean Inc. has a market cap of $16.12 billion; its shares were traded at around $50.39 with a P/E ratio of 5.1 and P/S ratio of 1.4. Transocean Inc. had an annual average earning growth of 22% over the past 10 years. GuruFocus rated Transocean Inc. the business predictability rank of 2-star.

New Purchase: The Travelers Companies Inc. (TRV)

First Pacific Advisors initiated holdings in The Travelers Companies Inc.. His purchase prices were between $48 and $53.92, with an estimated average price of $50.75. The impact to his portfolio due to this purchase was 0.43%. His holdings were 344,600 shares as of 06/30/2010.

St. Paul Travelers is a provider of commercial property-liability insurance and asset management services. The Travelers Companies Inc. has a market cap of $24.83 billion; its shares were traded at around $50.12 with a P/E ratio of 7.9 and P/S ratio of 1. The dividend yield of The Travelers Companies Inc. stocks is 2.8%. The Travelers Companies Inc. had an annual average earning growth of 28.3% over the past 5 years.

New Purchase: Walgreen Company (WAG)

First Pacific Advisors initiated holdings in Walgreen Company. His purchase prices were between $26.49 and $37.83, with an estimated average price of $33.38. The impact to his portfolio due to this purchase was 0.41%. His holdings were 606,200 shares as of 06/30/2010.

Walgreen Co. is a national retail pharmacy chain and considered the leader in innovative drugstore retailing. Walgreen Company has a market cap of $28.2 billion; its shares were traded at around $28.82 with a P/E ratio of 13.9 and P/S ratio of 0.4. The dividend yield of Walgreen Company stocks is 1.9%. Walgreen Company had an annual average earning growth of 13% over the past 10 years. GuruFocus rated Walgreen Company the business predictability rank of 5-star.

New Purchase: Ishares Russell 2000 Value Index Fund (IWN)

First Pacific Advisors initiated holdings in Ishares Russell 2000 Value Index Fund. His purchase prices were between $57.79 and $70.78, with an estimated average price of $64.24. The impact to his portfolio due to this purchase was 0.2%. His holdings were 139,500 shares as of 06/30/2010.

Ishares Russell 2000 Value Index Fund has a market cap of $3.99 billion; its shares were traded at around $61.27 . The dividend yield of Ishares Russell 2000 Value Index Fund stocks is 1.9%.

New Purchase: Devon Energy Corp. (DVN)

First Pacific Advisors initiated holdings in Devon Energy Corp.. His purchase prices were between $60.29 and $70.13, with an estimated average price of $66.01. The impact to his portfolio due to this purchase was 0.04%. His holdings were 23,000 shares as of 06/30/2010.

Devon Energy Corporation is an independent energy company engaged primarily in oil and gas exploration, development and production, and in the acquisition of producing properties. Devon Energy Corp. has a market cap of $28.75 billion; its shares were traded at around $64.34 with a P/E ratio of 11.9 and P/S ratio of 3.6. The dividend yield of Devon Energy Corp. stocks is 1%.

New Purchase: Ishares Russell 2000 Index (IWM)

First Pacific Advisors initiated holdings in Ishares Russell 2000 Index. His purchase prices were between $61.83 and $74.13, with an estimated average price of $67.97. The impact to his portfolio due to this purchase was 0.01%. His holdings were 8,000 shares as of 06/30/2010.

ISHARES RUSSELL 2000 Index Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the small capitalization sector of the U. Ishares Russell 2000 Index has a market cap of $13.48 billion; its shares were traded at around $65.62 . The dividend yield of Ishares Russell 2000 Index stocks is 1.2%.

New Purchase: Tidewater Inc. (TDW)

First Pacific Advisors initiated holdings in Tidewater Inc.. His purchase prices were between $39.12 and $53.61, with an estimated average price of $46.13. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 2,600 shares as of 06/30/2010.

Tidewater, Inc. owns and operates one of the world's largest fleets serving the international offshore energy industry. Tidewater Inc. has a market cap of $2.19 billion; its shares were traded at around $42.28 with a P/E ratio of 8.1 and P/S ratio of 1.9. The dividend yield of Tidewater Inc. stocks is 2.4%. Tidewater Inc. had an annual average earning growth of 15% over the past 10 years. GuruFocus rated Tidewater Inc. the business predictability rank of 1-star.

New Purchase: The Toro Company (TTC)

First Pacific Advisors initiated holdings in The Toro Company. His purchase prices were between $47.5 and $58.27, with an estimated average price of $53.42. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 2,800 shares as of 06/30/2010.

Toro Company designs, manufactures and markets consumer and professional turf maintenance equipment, snow removal products and irrigation systems and provides landscaping and turf maintenance services. The Toro Company has a market cap of $1.69 billion; its shares were traded at around $51.88 with a P/E ratio of 22.3 and P/S ratio of 1.1. The dividend yield of The Toro Company stocks is 1.4%. The Toro Company had an annual average earning growth of 12.7% over the past 10 years. GuruFocus rated The Toro Company the business predictability rank of 2.5-star.

New Purchase: Unisource Energy Corp. (UNS)

First Pacific Advisors initiated holdings in Unisource Energy Corp.. His purchase prices were between $29.18 and $33.78, with an estimated average price of $31.58. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 58 shares as of 06/30/2010.

UniSource Energy Corporation is a holding company which owns all of the outstanding common stock of Tucson Electric Power Company (TEP) and Millennium Energy Holdings, Inc. Unisource Energy Corp. has a market cap of $1.17 billion; its shares were traded at around $32.33 with a P/E ratio of 10.9 and P/S ratio of 0.8. The dividend yield of Unisource Energy Corp. stocks is 4.8%. Unisource Energy Corp. had an annual average earning growth of 0.2% over the past 10 years.

New Purchase: Wabtec (WAB)

First Pacific Advisors initiated holdings in Wabtec. His purchase prices were between $40.08 and $50.42, with an estimated average price of $44.68. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 200 shares as of 06/30/2010.

Wabtec Corporation is one of North America's largest providers of value-added, technology-based products and services for the rail industry. Wabtec has a market cap of $2.15 billion; its shares were traded at around $44.87 with a P/E ratio of 18.6 and P/S ratio of 1.6. The dividend yield of Wabtec stocks is 0.1%. Wabtec had an annual average earning growth of 10.9% over the past 10 years.

New Purchase: Ametek Inc. (AME)

First Pacific Advisors initiated holdings in Ametek Inc.. His purchase prices were between $39.52 and $44.07, with an estimated average price of $41.9. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 4,500 shares as of 06/30/2010.

AMETEK is a global manufacturer of electric motors andelectronic instruments. Ametek Inc. has a market cap of $4.76 billion; its shares were traded at around $44.77 with a P/E ratio of 21.7 and P/S ratio of 2.3. The dividend yield of Ametek Inc. stocks is 0.5%. Ametek Inc. had an annual average earning growth of 13.3% over the past 10 years. GuruFocus rated Ametek Inc. the business predictability rank of 3-star.

New Purchase: Cec Entertainment Inc. (CEC)

First Pacific Advisors initiated holdings in Cec Entertainment Inc.. His purchase prices were between $35.35 and $41.23, with an estimated average price of $39.09. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 4,000 shares as of 06/30/2010.

CEC Entertainment, Inc. is engaged in the family restaurant/entertainment center business. Cec Entertainment Inc. has a market cap of $734.3 million; its shares were traded at around $33.42 with a P/E ratio of 12.4 and P/S ratio of 0.9. Cec Entertainment Inc. had an annual average earning growth of 8.4% over the past 10 years. GuruFocus rated Cec Entertainment Inc. the business predictability rank of 4-star.

New Purchase: Public Storage Inc. (PSA)

First Pacific Advisors initiated holdings in Public Storage Inc.. His purchase prices were between $86.6 and $100.11, with an estimated average price of $93.27. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 1,700 shares as of 06/30/2010.

Public Storage, Inc. is a fully integrated, self-administered and self-managed real estate investment trust that primarily acquires, develops, owns and operates self-storage facilities. Public Storage Inc. has a market cap of $17.19 billion; its shares were traded at around $101.37 with a P/E ratio of 20.4 and P/S ratio of 10.6. The dividend yield of Public Storage Inc. stocks is 3.1%. Public Storage Inc. had an annual average earning growth of 6.3% over the past 10 years. GuruFocus rated Public Storage Inc. the business predictability rank of 5-star.

New Purchase: Cognex Corp. (CGNX)

First Pacific Advisors initiated holdings in Cognex Corp.. His purchase prices were between $17.32 and $21.89, with an estimated average price of $19.56. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 1,800 shares as of 06/30/2010.

Cognex Corp. designs, develops, manufactures, and markets machine visionsystems that are used to automate a wide range of manufacturing processes where vision is required. Cognex Corp. has a market cap of $803.3 million; its shares were traded at around $20.25 with a P/E ratio of 106.6 and P/S ratio of 4.5. The dividend yield of Cognex Corp. stocks is 1.2%.

New Purchase: Pennsylvania Real Estate Investment Trus (PEI)

First Pacific Advisors initiated holdings in Pennsylvania Real Estate Investment Trus. His purchase prices were between $12.28 and $17.35, with an estimated average price of $14.29. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 1,884 shares as of 06/30/2010.

PENNSYLVANIA R.E. INVEST. TR. is a real estate investment trust, engaged in acquiring and holding for investment interests in real estate. Pennsylvania Real Estate Investment Trus has a market cap of $695.4 million; its shares were traded at around $12.89 with a P/E ratio of 4.7 and P/S ratio of 1.5. The dividend yield of Pennsylvania Real Estate Investment Trus stocks is 4.6%. Pennsylvania Real Estate Investment Trus had an annual average earning growth of 2.9% over the past 10 years.

New Purchase: Donaldson Company Inc. (DCI)

First Pacific Advisors initiated holdings in Donaldson Company Inc.. His purchase prices were between $41.05 and $46.87, with an estimated average price of $44.5. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 600 shares as of 06/30/2010.

Donaldson Company, Inc. is a worldwide manufacturer of air cleaners, liquid filters and exhaust products and accessories for heavy duty mobile equipment; in-plant air cleaning systems; air intake systems and exhaust products for industrial gas turbines; and specialized filters for diverse applications. Donaldson Company Inc. has a market cap of $3.62 billion; its shares were traded at around $46.94 with a P/E ratio of 24.8 and P/S ratio of 2. The dividend yield of Donaldson Company Inc. stocks is 1%. Donaldson Company Inc. had an annual average earning growth of 10.8% over the past 10 years. GuruFocus rated Donaldson Company Inc. the business predictability rank of 5-star.

New Purchase: Kimco Realty Corp. (KIM)

First Pacific Advisors initiated holdings in Kimco Realty Corp.. His purchase prices were between $13.31 and $16.6, with an estimated average price of $15.1. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 2,936 shares as of 06/30/2010.

Kimco Realty Corp. together with its subsidiaries, is a self-administered real estate investment trust and is one of the nation's largest owners and operators of neighborhood and community shopping centers. Kimco Realty Corp. has a market cap of $6.13 billion; its shares were traded at around $15.11 with a P/E ratio of 12.6 and P/S ratio of 7.8. The dividend yield of Kimco Realty Corp. stocks is 4.2%. Kimco Realty Corp. had an annual average earning growth of 0.4% over the past 10 years.

New Purchase: Flir Systems Inc. (FLIR)

First Pacific Advisors initiated holdings in Flir Systems Inc.. His purchase prices were between $26.73 and $31.42, with an estimated average price of $28.98. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 4,100 shares as of 06/30/2010.

FLIR Systems, Inc. designs, manufactures and markets thermal imaging and broadcast camera systems for applications in the commercial and government markets. Flir Systems Inc. has a market cap of $4.66 billion; its shares were traded at around $30.42 with a P/E ratio of 20.3 and P/S ratio of 4.1. Flir Systems Inc. had an annual average earning growth of 25.6% over the past 5 years.

Reduced: Charles River Laboratories International (CRL)

First Pacific Advisors reduced to his holdings in Charles River Laboratories International by 98.97%. His sale prices were between $30.44 and $41.56, with an estimated average price of $35.24. The impact to his portfolio due to this sale was less than 0.01%. First Pacific Advisors still held 4,500 shares as of 06/30/2010.

Charles River Laboratories is a provider of critical research tools and integrated support services that enable innovative and efficient drug discovery and development. Charles River Laboratories International has a market cap of $1.99 billion; its shares were traded at around $30.06 with a P/E ratio of 13.4 and P/S ratio of 1.6. Charles River Laboratories International had an annual average earning growth of 6.4% over the past 10 years.

Reduced: Helix Energy Solutions Group Inc. (HLX)

First Pacific Advisors reduced to his holdings in Helix Energy Solutions Group Inc. by 24.3%. His sale prices were between $9.8 and $16.87, with an estimated average price of $13.21. The impact to his portfolio due to this sale was -0.05%. First Pacific Advisors still held 809,800 shares as of 06/30/2010.

Helix Energy Solutions Group Inc., is a marine contractor and operator of offshore oil and gas properties and production facilities. Helix Energy Solutions Group Inc. has a market cap of $1.09 billion; its shares were traded at around $10.38 with a P/E ratio of 52 and P/S ratio of 0.8. Helix Energy Solutions Group Inc. had an annual average earning growth of 27.9% over the past 10 years. GuruFocus rated Helix Energy Solutions Group Inc. the business predictability rank of 3-star.

Reduced: Charming Shoppes Inc. (CHRS)

First Pacific Advisors reduced to his holdings in Charming Shoppes Inc. by 85.07%. His sale prices were between $3.67 and $6.3, with an estimated average price of $5. The impact to his portfolio due to this sale was -0.16%. First Pacific Advisors still held 1,983,800 shares as of 06/30/2010.

Charming Shoppes operates women's specialty apparel stores under the names Fashion Bug, Fashion Bug Plus, Catherine's, PS. Charming Shoppes Inc. has a market cap of $509.8 million; its shares were traded at around $4.4 with and P/S ratio of 0.3.

Sold Out: Blackrock Defined Opportunity Credit Tru (BHL)

First Pacific Advisors sold out his holdings in Blackrock Defined Opportunity Credit Tru. His sale prices were between $11.93 and $13.36, with an estimated average price of $12.73.

Blackrock Defined Opportunity Credit Tru has a market cap of $103.5 million; its shares were traded at around $12.91 . The dividend yield of Blackrock Defined Opportunity Credit Tru stocks is 9.5%.

Sold Out: Assurant Inc. (AIZ)

First Pacific Advisors sold out his holdings in Assurant Inc.. His sale prices were between $33.54 and $37.24, with an estimated average price of $35.41.

Assurant Inc is a premier provider of specialized insurance products and related services in North America and selected other international markets. Assurant Inc. has a market cap of $4.24 billion; its shares were traded at around $37.93 with a P/E ratio of 7.7 and P/S ratio of 0.5. The dividend yield of Assurant Inc. stocks is 1.7%. Assurant Inc. had an annual average earning growth of 7.7% over the past 5 years.


Rating: 2.1/5 (7 votes)

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