GuruFocus Premium Membership

Serving Intelligent Investors since 2004. Only 96 cents a day.

Free Trial

Free 7-day Trial
All Articles and Columns »

Weekly top insider buys: DPS, RE, ZION, AEO, GVA

September 13, 2010 | About:
guruek

gururk

7 followers
Weekly highlight of top insider buys: Dr. Pepper Snapple GP (DPS), Everest Re Group Ltd. (RE), Zions Ban Corp. (ZION), American Eagle Outfitters Inc. (AEO), and Granite Construction Inc. (GVA).

Dr. Pepper Snapple GP (DPS): Executive Vice President & CFO Martin M Ellen Bought 2,000 Shares



Executive Vice President & CFO of Dr. Pepper Snapple GP, Martin M Ellen, bought 2,000 shares on 9/10/10 at an average price of $34.73.

Dr. Pepper Snapple Group is one of the largest beverage companies in the Americas. Dr Pepper Snapple Gp has a market cap of $8.3 billion; its shares were traded at around $34.73 with a P/E ratio of 16.4 and P/S ratio of 1.5. The dividend yield of Dr Pepper Snapple Gp stocks is 2.9%.

On July 29, Dr Pepper Snapple GP reported second quarter 2010 diluted earnings of $0.74 per share compared to $0.62 per share in the prior year period. Year-to-date, the company reported earnings of $1.09 per diluted share compared to $1.14 per share in the prior year period. The company earned $1.14 per diluted share compared to $0.99 in the prior year-to-date period.

Dr. Pepper Snapple Group. is owned by Whitney Tilson, John Keeley, George Soros, and Robert Olstein.

Last week, Buy: President & CEO Larry D Young, Buy: Executive Vice President & CFO Martin M Ellen, and Buy: Senior Vice President David Thomas bought shares of DPS. In June, Buy: Executive Vice President James R. Trebilcock and Buy: Director John L Adams bought shares.



Everest Re Group Ltd. (RE): Indirect subsidiary of Issuer Reinsurance Holdings I Everest Bought 48,099 Shares

Indirect subsidiary of Issuer of Everest Re Group Ltd., Reinsurance Holdings I Everest, bought 48,099 shares on 9/03/10 at an average price of $82.12.

Everest Re Group, Ltd. is a world leader in property and casualty reinsurance and insurance, offering innovative products, responsive service and unsurpassed financial strength. Everest Re Group Ltd. has a market cap of $4.62 billion; its shares were traded at around $82.12 with a P/E ratio of 9.7 and P/S ratio of 1. The dividend yield of Everest Re Group Ltd. stocks is 2.4%.



On July 28, Everest Re Group, Ltd. reported second quarter 2010 after-tax operating income1, which excludes net realized capital gains and losses, of $184.8 million, or $3.18 per diluted common share, compared to after-tax operating income1of $256.2 million, or $4.16 per diluted common share, in the second quarter of 2009. Net income, including net realized capital gains and losses, was $156.7 million, or $2.70 per diluted common share, for the second quarter of 2010 compared to $272.6 million, or $4.43 per diluted common share, for the same period last year.



Everest Re Group Ltd. is owned by eight Gurus: Prem Watsa, Charles Brandes, Ruane Cunniff, George Soros, David Einhorn, John Keeley, Mason Hawkins, and Chris Davis.

Last week, Buy: Indirect subsidiary of Issuer Reinsurance Holdings I Everest bought 48,099 shares of RE stock.



Zions Ban Corp. (ZION): Senior Vice Pres. James R Abbott Bought 7,100 Shares

Senior Vice Pres. of Zions Ban Corp., James R Abbott, bought 7,100 shares on 9/02/10 at an average price of $19.84.

Zions Bancorporation is a multi-bank holding company. Zions Ban Corp. has a market cap of $3.44 billion; its shares were traded at around $19.84 with and P/S ratio of 1. The dividend yield of Zions Ban Corp. stocks is 0.2%.

On July 19, Zions Bancorporation reported a second quarter net loss applicable to common shareholders of $135.2 million or $0.84 per diluted share, compared to a net loss of $86.5 million or $0.57 per diluted share for the first quarter of 2010.



Zions Bancorp. is owned by Kenneth Fisher.



Last week, Buy: Senior Vice Pres. James R Abbott bought 7,100 shares of ZION stock. Sell: Subsidiary Pres. David E Blackford sold 4,779 shares in August.



American Eagle Outfitters Inc. (AEO): Vice Chairman Roger S Markfield Bought 10,000 Shares

Vice Chairman of American Eagle Outfitters Inc., Roger S Markfield, bought 10,000 shares on 9/08/10 at an average price of $14.34.

American Eagle Outfitters is a specialty retailer of all-American casual apparel, accessories, and footwear for men and women between the ages of 16 and 34. American Eagle Outfitters Inc. has a market cap of $2.95 billion; its shares were traded at around $14.34 with a P/E ratio of 17 and P/S ratio of 1. The dividend yield of American Eagle Outfitters Inc. stocks is 3.1%. American Eagle Outfitters Inc. had an annual average earning growth of 15.5% over the past 10 years.



On May 29, American Eagle Outfitters, Inc. announced that earnings for the first quarter ended May 1, 2010 were $0.05 per diluted share, compared to $0.11 per diluted share last year. Adjusted earnings for the period were $0.17 per diluted share, excluding closing charges and an operating loss related to the MARTIN+OSA business of $0.12 per diluted share. This compares to adjusted earnings for the first quarter ended May 2, 2009 of $0.11 per diluted share.



American Eagle Outfitters Inc. is owned by five Gurus: Whitney Tilson, Richard Aster Jr, George Soros, John Hussman, and Richad Snow.

Last week, Buy: Chairman of the Board, 10% Owner Jay L Schottenstein and Buy: Vice Chairman Roger S Markfield bought shares of AEO stock. Buy: Director Alan Kane bought 169 shares in July.

Granite Construction Inc. (GVA): Director William Howard Powell Bought 5,000 Shares

Director of Granite Construction Inc., William Howard Powell, bought 5,000 shares on 9/03/10 at an average price of $23.95.

Granite Construction, Inc. is a diversified heavy civil contractor and construction materials producer. Granite Construction Inc. has a market cap of $928.6 million; its shares were traded at around $23.95 with a P/E ratio of 171 and P/S ratio of 0.5. The dividend yield of Granite Construction Inc. stocks is 2.1%. Granite Construction Inc. had an annual average earning growth of 11.7% over the past 10 years.



Granite Construction Incorporated reported a net loss of $6.7 million, or $0.18 per diluted share, for the second quarter of 2010 compared with net income of $17.9 million, or $0.46 per diluted share, for the second quarter of 2009.



Granite Construction Inc. is owned by five Gurus: George Soros, Kenneth Fisher, PRIMECAP Management, John Keeley, and Michael Price.

This month, Buy: Director Claes Bjork and Buy: Director William Howard Powell bought shares of GVA stock.

For the complete list of stocks that bought by their company executives, go to: Insider Buys.


Rating: 4.0/5 (2 votes)

Comments

Please leave your comment:


Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Email Hide