Weekly Top Insider Buys: GENZ, ACN, AMT, UNH, RAI

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Oct 04, 2010
According to GuruFocus updates, these Guru stocks have reached their 52-Week Highs: Genzyme Corp. (GENZ, Financial), Accenture Ltd. (ACN, Financial), American Tower Corp. (AMT, Financial), UnitedHealth Group Inc. (UNH, Financial), and Reynolds American Inc. (RAI, Financial).

Genzyme Corp. (GENZ) Reached the 52-Week High of $70.88



Genzyme Corporation is a global biotechnology company dedicated to making a major positive impact on the lives of people with serious diseases. Genzyme Corp. has a market cap of $18.06 billion; its shares were traded at around $70.88 with a P/E ratio of 89.7 and P/S ratio of 4. Genzyme Corp. had an annual average earning growth of 17.5% over the past 10 years. GuruFocus rated Genzyme Corp. the business predictability rank of 2.5-star.

On July 21, Genzyme Corp. reported that second-quarter revenue was $1.08 billion, compared with $1.23 billion in the same period last year. GAAP net income was $23,000, or $0.00 per diluted share, compared with net income of $187.6 million, or $0.68 per diluted share, in the second quarter of 2009. Non-GAAP net income was $47.6 million, or $0.18 per diluted share, compared with $226.6 million, or $0.82 per diluted share, in the same period last year.



Genzyme Corp. is in the portfolios of Carl Icahn, Manning &Napier Advisors Inc., Edward Owens, Mmurray Stahl, John Buckingham, Michael Price, Steven Cohen, Pioneer Investments, George Soros, Jeremy Grantham, Mario Gabelli, Jean-Marie Eveillard, and Kenneth Fisher.



Sell: Chmn, President and CEO Henri A Termeer, Sell: Executive VP and CFO Michael S Wyzga, and Sell: Sr VP,Chief Scientific Officer Alan E Smith sold shares of GENZ stock in May. Sell: Corp Contrllr,ChiefAccntOfficr Jason Amello sold 6,640 shares in August, Sell: Exe VP,President Int'l Group Sandford D Smith and Sell: SrVP,Chief Human Resources Off Zoltan A Csimma sold shares in July, and Sell: Senior Vice President James A Geraghty sold 1,000 shares in June.



Accenture Ltd (ACN) Reached the 52-Week High of $44.38

Accenture Limited is a management consulting, technology services and outsourcing organization. Accenture Ltd has a market cap of $28.28 billion; its shares were traded at around $44.38 with a P/E ratio of 16.8 and P/S ratio of 1.1. The dividend yield of Accenture Ltd stocks is 0.9%. Accenture Ltd had an annual average earning growth of 18.3% over the past 10 years.

On Sept. 30, Accenture Ltd. reported strong financial results for the fourth quarter of fiscal 2010, ended Aug. 31, and full-year results in line with the company’s expectations.

For the fourth quarter, revenues before reimbursements (”•net revenues”–) were $5.42 billion, an increase of 5 percent in U.S. dollars and 8 percent in local currency compared with the fourth quarter of fiscal 2009. Diluted earnings per share were $0.66. New bookings were $6.5 billion. Operating margin was 13.2 percent. Free cash flow was $1.15 billion.



Accenture Ltd. is in the portfolios of Steve Mandel, Wallace Weitz, John Rogers, Tom Gayner, Hotchkis & Wiley, George Soros, Jeremy Grantham, John Buckingham, and RS Investment Management.

American Tower Corp. (AMT) Reached the 52-Week High of $51.62

American Tower Corporation is a wireless communications and broadcast infrastructure company with three operating segments. American Tower Corp. has a market cap of $20.71 billion; its shares were traded at around $51.62 with a P/E ratio of 63 and P/S ratio of 12.1. American Tower Corp. had an annual average earning growth of 9.8% over the past 10 years. GuruFocus rated American Tower Corp. the business predictability rank of 2-star.



On August 3, American Tower Corp. reported results for the second quarter of 2010. Total revenue increased 11.0% to $469.9 million, and rental and management segment revenue increased 12.2% to $456.5 million. Rental and management segment revenue growth was positively impacted by approximately 1.4% due to foreign currency exchange rate fluctuations and approximately 2.2% due to straight-line revenue recognition. Excluding the impact of these items, Core Growth in rental and management segment revenue was 8.6%. Rental and management segment Gross Margin increased 11.4% to $354.3 million. Network development services revenue and Gross Margin were $13.5 million and $7.0 million, respectively.



American Tower Corporation is in the portfolios of Chuck Akre, Andreas Halvorsen, Richard Aster Jr, Chase Coleman, Bruce Kovner, Larry Robbins, Manning & Napier Advisors, Inc, Ron Baron, Jim Simons, Columbia Wanger, Tom Russo, George Soros, Chris Davis, Jeremy Grantham, Steven Cohen, and Mario Gabelli.



UnitedHealth Group Inc. (UNH) Reached the 52-Week High of $35.43

UnitedHealth Group Inc. offers health care coverage and related services to help people achieve improved health and well-being through all stages of life. Unitedhealth Group Inc. has a market cap of $39.83 billion; its shares were traded at around $35.43 with a P/E ratio of 9.5 and P/S ratio of 0.5. The dividend yield of Unitedhealth Group Inc. stocks is 1.4%. Unitedhealth Group Inc. had an annual average earning growth of 22.1% over the past 10 years. GuruFocus rated Unitedhealth Group Inc. the business predictability rank of 3.5-star.



UnitedHealth Group Inc. is in the portfolios of Ronald Muhlenkamp, Arnold Van Den Berg, Edward Owens, Richard Snow, Jeff Auxier, Diamond Hill Capital, Donald Yacktman, lee Ainslie, John Hussman, Jeremy Grantham, John Buckingham, James Barrow, Sarah Ketterer, Eric Mindich, Richard Perry, Louis Moore Bacom, David Dreman, Walllace Weitz, Paul Tudor Jones, Mario Gabelli, Bruce Koyner, Bill Frels, George Soros, and Chris Davis.

Last month, Sell: EVP & CEO Publc Sr Mkts Grp Larry C Renfro, Sell: Director Richard T Burke, and Sell: EVP, Human Capital Lori Sweere sold shares of UNH stock. Sell: Director William C Jr Ballard sold 10,000 shares in August.



Reynolds American Inc. (RAI) Reached the 52-Week High of $58.85



Reynolds American Inc. is the parent company of R.J. Reynolds American Inc. has a market cap of $17.16 billion; its shares were traded at around $58.85 with a P/E ratio of 12.4 and P/S ratio of 2. The dividend yield of Reynolds American Inc. stocks is 6.2%. Reynolds American Inc. had an annual average earning growth of 3.2% over the past 10 years.



On July 22, Reynolds American Inc. announced second-quarter 2010 adjusted EPS of $1.32, up 2.3 percent from the prior-year quarter. Adjusted results exclude charges for plant closings and expansion of R.J. Reynolds’ field trade-marketing organization to serve American Snuff Co. through a services agreement. Higher cigarette and moist-snuff pricing, productivity gains and higher moistsnuff volume more than offset lower cigarette volume. Reported EPS was $1.17, down 9.3 percent.



Reynolds American Inc. is in the portfolios of David Winters, James Barrow, Jeremy Grantham, Gruce Koyner, Steven Cohen, Richard Aster Jr, David Dreman, Murray Stahl, and Chuck Royce.