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Weekly Top Insider Buys: WMT, PM, LPS, MFA, FULT

November 28, 2010 | About:
gurujk

gururk

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Weekly highlight of top insider buys: WalMart Stores Inc. (WMT), Philip Morris International Inc. (PM), Lender Processing (LPS), MFA Mortgage Investments Inc. (MFA), and Fulton Financial Corp. (FULT).



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

Director of WalMart Stores Inc., James Breyer, bought 5,000 shares on 11/19/10 at an average price of $53.74.

Wal-Mart Stores, Inc. is the world's largest retailer. Walmart Stores Inc. has a market cap of $195.43 billion; its shares were traded at around $53.74 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 Yactkman, Tom Gayner, Jean-Marie Eveillard, Warren Buffett, Bill Gates, Wallace EWitz, Prem Watsa, PRIMECAP Management, George Soros, Bill Nygren Dodge & Cox, Ruane Cunniff, Tweedy Browne, James Barrow, Private Capital, Mark Hillman, Arnold Van Den Berg, and Hotchkis & Wiley.

This month, Sell: Exec VP and CFO Thomas M Schoewe sold 108,072 shares of WMT stock and Buy: Director James Breyer bought 5,000 shares. Sell: Senior Vice President Steven P Whaley also sold shares this month; Sell: EVP and CIO Rollin L. Ford sold 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 11/22/10 at an average price of $58.78.

Philip Morris International is the international tobacco company, with products sold in over 160 countries. Philip Morris International Inc has a market cap of $107.74 billion; its shares were traded at around $58.78 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 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.



This month, Buy: Director Sergio Marchionne bought 1,300 shares of PM stock. Sell: Chairman and CEO Louis C Camilleri sold 20,396 shares in September.



Lender Processing (LPS): Exec. VP & CFO Thomas L Schilling Bought 5,000 Shares

Exec. VP & CFO of Lender Processing, Thomas L Schilling, bought 5,000 shares on 11/18/10 at an average price of $31.09.

Lender Processing Inc. is a provider of integrated technology and services to the mortgage industry. Lender Processing has a market cap of $2.89 billion; its shares were traded at around $31.09 with a P/E ratio of 9.1 and P/S ratio of 1.2. The dividend yield of Lender Processing stocks is 1.3%.

Lender Processing is in the portfolios of Lee Ainslie, Mario Gabelli, John Keeley, and George Soros.



This month, Buy: Exec. VP & CFO Thomas L Schilling bought 5,000 shares of LPS stock. Buy: Director John F Jr Farrell bought 750 shares in August.



MFA Mortgage Investments Inc. (MFA): Executive Vice President Craig L Knutson Bought 9,100 Shares

Executive Vice President of MFA Mortgage Investments Inc., Craig L Knutson, bought 9,100 shares on 11/22/10 at an average price of $8.13.

MFA Mortgage Investments, Inc. operates as a real estate investment trust primarily engaged in the business of investing in mortgage-backed securities. Mfa Mortgage Investments Inc. has a market cap of $2.28 billion; its shares were traded at around $8.13 with a P/E ratio of 8.6 and P/S ratio of 4.3. The dividend yield of Mfa Mortgage Investments Inc. stocks is 11.1%.



On Nov. 4, MFA Financial Inc. announced financial results for the third quarter ended September 30, 2010. Third quarter net income per common share was $0.27 and Core Earnings per common share were $0.22. Book value was $7.83 per common share at the end of the third quarter.

MFA Mortgage Investments Inc. is owned by Ron Baron, David Dreman, Donald Smith, and George Soros.



Last week, Buy: Executive Vice President Craig L Knutson bought 9,100 shares of MFA stock. In August, Buy: President, CFO William S Gorin, Buy: Director Robin Josephs, and Buy: Senior VP and General Counsel Timothy W Korth bought shares.



WGL Holdings Inc. (WGL): Director Debra L Lee Bought 9,500 Shares

Director of WGL Holdings Inc., Debra L Lee, bought 9,500 shares during the past week at an average price of $37.55.

WGL Holdings Inc. is a public utility that delivers and sells natural gas to metropolitan Washington, D. WGL Holdings Inc. has a market cap of $1.91 billion; its shares were traded at around $37.55 with a P/E ratio of 16.3 and P/S ratio of 0.7. The dividend yield of Wgl Holdings Inc. stocks is 3.9%. WGL Holdings Inc. had an annual average earning growth of 16.4% over the past 10 years. GuruFocus rated WGL Holdings Inc. the business predictability rank of 2-star.



WGL Holdings Inc. recently reported results for the fourth quarter of 2010. For the fiscal year ended September 30, 2010, non-GAAP operating earnings were $115.0 million, or $2.27 per share, compared to non-GAAP operating earnings of $127.7 million, or $2.53 per share, for the prior fiscal year. For the fourth quarter of fiscal year 2010, our non-GAAP operating loss was $(14.8) million, or $(0.29) per share, compared to a non-GAAP operating loss of $(12.4) million, or $(0.25) per share, for the same quarter of the prior fiscal year.



This month, Buy: Director Debra L Lee bought 4,750 shares of WGL stock. Sell: Vice President Gautam Chandra sold 3,000 shares.Sell: Vice President Gautam Chandra sold 13,900 shares in October, and Sell: Vice President and CFO Vincent L Ammann Jr bought shares in August.



Fulton Financial Corp. (FULT): Director George W Hodges Bought 5,000 Shares

Director of Fulton Financial Corp., George W Hodges, bought 5,000 shares on 11/23/10 at an average price of $8.54.

Fulton Financial Corp. is a bank holding company. It provides retail and commercial banking and investment management and trust services in central and eastern Pennsylvania, southern New Jersey, northern Maryland and southern Delaware through its wholly-owned subsidiaries: Fulton Bank, Lebanon Valley Farmers Bank, Swineford National Bank, Lafayette Ambassador Bank, FNB Bank, N. Fulton Financial Corp. has a market cap of $1.7 billion; its shares were traded at around $8.54 with a P/E ratio of 15.8 and P/S ratio of 1.8. The dividend yield of Fulton Financial Corp. stocks is 1.4%.

On October 19, Fulton Financial Corporation reported net income available to common shareholders of $31.5 million, or 16 cents per diluted share, for the third quarter ended September 30, 2010, compared to $26.6 million, or 14 cents per diluted share, for the second quarter of 2010. In the third quarter of 2010, net income available to common shareholders increased $13.2 million, or 72.2 percent, in comparison to the third quarter of 2009. This increase was primarily due to a $9.3 million increase in gains on sales of mortgage loans, a $7.4 million increase in net interest income and a $5.0 million decrease in the provision for loan losses, partially offset by a $7.0 million increase in income taxes.


Rating: 2.0/5 (1 vote)

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