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Weekly Top Insider Buys: WMT, PM, NI, SEE, BOH

November 23, 2010 | About:
gururk

gururk

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Weekly highlight of top insider buys: WalMart Stores Inc. (WMT), Philip Morris International Inc. (PM), NiSource Inc. (NI), Sealed Air Corp. (SEE), and Bank of Hawaii Corp. (BOH).



WalMart Stores Inc. (WMT): Director James Breyer Bought 5,000 Shares

Director of WalMart Stores Inc. (WMT) James Breyer bought 5,000 shares on 11/19/2010 at an average price of $53.67.

Wal-Mart Stores, Inc. is the world's largest retailer. Walmart Stores Inc. has a market cap of $195.17 billion; its shares were traded at around $53.67 with a P/E ratio of 13.7 and P/S ratio of 0.5. The dividend yield of Walmart Stores Inc. stocks is 2.2%. 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.

On November 16, Wal-Mart Stores, Inc. reported financial results for the quarter ended Oct. 31, 2010. Net sales for the third quarter of fiscal year 2011 were $101.2 billion, an increase of 2.6 percent from $98.7 billion in the third quarter last year. Income from continuing operations attributable to Walmart for the quarter was $3.4 billion, up from $3.2 billion in the third quarter last year.



WalMart Stores Inc. is owned by Mario Gabelli, Donald Yacktman, Tom Ganyer, Jean-Marie Eveillard, Warren Buffet, Bill gates, Wallace Weitz, Prem Watsa, PRIMECAP Management, George Soros, Bill Nygren, Dodge & Cox, Ruane Cunniff, Tweedy Browne, Kenneth Fisher, Private Capital, James Barrow, Mark Hillman, and Arnold Van Den Berg.

Last week, Buy: Director James Breyer bought 5,000 shares of WMT stock. Sell: EVP and CIO Rollin L. Ford sold 11,272 shares in June.



Philip Morris International Inc. (PM): Director Sergio Marchionne Bought 1,300 Shares

Director of Philip Morris International Inc., Sergio Marchionne, bought 1,300 shares on 11/22/2010 at an average price of $58.77. Philip Morris International is the international tobacco company, with products sold in over 160 countries. Philip Morris International Inc has a market cap of $107.72 billion; its shares were traded at around $58.77 with a P/E ratio of 15.8 and P/S ratio of 1.8. The dividend yield of Philip Morris International Inc stocks is 4.4%.



On October 21, Philip Morris International Inc. announced reported diluted earnings per share of $0.99 in the third quarter of 2010, up by 6.5% from $0.93 in the third quarter of 2009. Excluding currency, reported diluted earnings per share were up by 4.3% as detailed on Schedule 13. Adjusted diluted earnings per share of $1.00 were up by 7.5% from 2009 adjusted diluted earnings per share of $0.93, including the items detailed on the attached Schedule 12. Excluding currency, adjusted diluted earnings per share were up 5.4%.



Philip Morris International Inc. is owned by sixteen Gurus: Mario Gabelli, Kenneth Fisher, James Barrow, Chris Davis, Tweedy Browne, David Winters, Tom Gayner, ruane Cunniff, Jean-Marie Eveillard, Donald Yacktman, David Dreman, Dodge & Cox, Hotchkis & Wiley, NWQ Managers, Ronald Muhlenkamp, and George Soros.

Last week, Buy: Director Sergio Marchionne bought 1,300 shares of PM stock. Sell: Director J Dudley Fishburn sold 2,922 shares the same month. Sell: Chairman and CEO Louis C Camilleri sold shares in September.



NiSource Inc (NI): Director Marty R Kittrell Bought 2,000 Shares

Director of NiSource Inc, Marty R Kittrell, bought 2,000 shares on 11/17/10 at an average price of $17.01.

NiSource Inc., formerly NIPSCO Industries, Inc., is an energyand utility-based holding company headquartered in Merrillville, Indiana, that provides natural gas, electricity and water to the public for residential, commercial and industrial uses. Nisource Inc has a market cap of $4.73 billion; its shares were traded at around $17.01 with a P/E ratio of 13.7 and P/S ratio of 0.7. The dividend yield of Nisource Inc stocks is 5.4%.

On October 29, NiSource Inc. announced net operating earnings from continuing operations (non-GAAP) of $10.3 million, or 4 cents per share, for the three months ended September 30, 2010, a decrease from $19.4 million, or 7 cents per share, for the third quarter of 2009. Operating earnings (non-GAAP) were $109.9 million for the recent three months compared to $134.8 million for the same period in 2009. On a GAAP basis, NiSource reported income from continuing operations for the three months ended September 30, 2010, of $33.4 million, or 12 cents per share, compared with a loss of $13.2 million, or 5 cents per share, in the same period a year ago

NiSource Inc is owned by three Gurus: George Soros, Mario Gabelli, and Brian Rogers.



This month, Buy: Director Marty R Kittrell and Buy: Director Wallace Lee Nutter bought shares of NI stock.Sell: Director Steven C Dr Beering sold shares this month.



Sealed Air Corp. (SEE): Director Kenneth P Manning Bought 2,500 Shares

Director of Sealed Air Corp., Kenneth P Manning, bought 2,500 shares on 11/16/10 at an average price of $22.89.

Sealed Air Corporation is a global leader in performance solutions for food, protective and specialty packaging. Sealed Air Corp. has a market cap of $3.65 billion; its shares were traded at around $22.89 with a P/E ratio of 14.8 and P/S ratio of 0.9. The dividend yield of Sealed Air Corp. stocks is 2.3%.

On October 27, Sealed Air Corporation reported diluted net earnings per common share (EPS) of $0.43, compared with $0.34 in 2009. Adjusted EPS was $0.43, compared with $0.38 in 2009. Sales increased 5% to $1.13 billion, with 5% higher volumes and 1% higher price/mix, partially offset by 1% unfavorable foreign exchange. The Protective Packaging segment continued to lead volume growth with a $28 million, or 9%, increase reflecting improving end-market demand in all regions.



Sealed Air Corp. is owned by Mario Gabelli, Robert Olstein, Julian Robertson, mason Hawkins, Richard Aster Jr, and Chris Davis.



Last week, Buy: Director Kenneth P Manning bought 2,500 shares of SEE stock. Buy: Director William J Marino bought 5,000 shares in July, and Sell: Vice President Jean-marie Demeautis sold 12,000 shares this month.



Bank of Hawaii Corp. (BOH): Vice Chair & Mary E Sellers Bought 1,333 Shares

Vice Chair & of Bank of Hawaii Corp., Mary E Sellers, bought 1,333 shares on 11/16/10 at an average price of $44.5.

Bank of Hawaii Corporation is a regional financial services company serving businesses, consumers and governments in Hawaii, American Samoa and the West Pacific. Bank Of Hawaii Corp. has a market cap of $2.15 billion; its shares were traded at around $44.5 with a P/E ratio of 11.8 and P/S ratio of 2.8. The dividend yield of Bank Of Hawaii Corp. stocks is 4%. Bank Of Hawaii Corp. had an annual average earning growth of 4.5% over the past 10 years.



On October 25, Bank of Hawaii Corporation reported diluted earnings per share of $0.91 for the third quarter of 2010, up $0.15 or 20 percent from diluted earnings per share of $0.76 in the same quarter last year. Net income for the third quarter of 2010 was $44.1 million compared to net income of $36.5 million in the third quarter of 2009. The return on average assets for the third quarter of 2010 was 1.37 percent compared to 1.21 percent during the same quarter last year. The return on average equity for the third quarter of 2010 was 16.64 percent compared to 16.44 percent for the third quarter of 2009.



Bank of Hawaii Corp. is owned by David Dreman, Richard Aster Jr, and Private Capital.



This week, Buy: Vice Chair & Mary E Sellers and Buy: Vice Chairman & CFO Kent Thomas Lucien bought shares of BOH stock. Sell: Vice Chairman Wayne Y Hamano sold 903 shares this week. Sell: Director Barbara J Tanabe and Sell: Chairman and CEO Allan R Landon sold shares in July.

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

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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