HOTCHKIS & WILEY is another team manager who has achieved outstanding returns. They are buying out of favor homebuilders and banks. HOTCHKIS & WILEY owns 126 stocks with a total value of $33.1 billion. These are the details of the buys and sells during the second quarter.
HOTCHKIS & WILEY buys Eli Lilly & Co., Gap Inc., Autonation Inc., Oracle Corp., Portland General Electric Company Common Stock, Limited Brands Inc., Hudson Highland Group Inc., Liz Claiborne Inc., Citadel Broadcasting Corp., Group 1 Automotive Inc., Ishares Russell 2000 Value Index Fd, sells Lockheed Martin Corp., Mosaic Co., Tesoro Corp., Southern Union Co., Cf Industries Holdings Inc., Thomas Properties Group Inc., Comstock Homebuilding Companie during the 3-months ended 06/30/2007, according to the most recent filings of his investment company, HOTCHKIS & WILEY Capital Managment LLC. HOTCHKIS & WILEY owns 126 stocks with a total value of $33.1 billion. These are the details of the buys and sells.
New Purchases: AN, CDL, GPI, GPS, HHGP, IWN, LIZ, LLY, LTD, ORCL, POR,
Added Positions: CALC, CMA, EIG, IPG, JNY, MO, PHH, PHM, WM, WMT,
Reduced Positions: AA, AGU, DJ, DOW, EDO, FCL, FLS, HET, LZ, MCD, PCZ, SFN, SGP, SPW, UL, WY, FLS,
Sold Out: CF, CHCI, LMT, MOS, SUG, TPGI, TSO,
Added: Wal-Mart (WMT, Financial)
HOTCHKIS & WILEY added to his holdings in Broadline Retailers company Wal-Mart by 41.47%. His purchase prices were between $46.67 and $49.83, with an estimated average price of $48. The impact to his portfolio due to this purchase was 0.78%. His holdings were 18,333,700 shares as of 06/30/2007.
Wal-Mart Stores, Inc. operates retail stores in various formats worldwide. It operates through three segments: Wal-Mart Stores, Sam's Club, and International. Wal-Mart has a market cap of $178.69 billion, its shares were traded at around $43.49 with with P/E ratio of 14.39 and P/S ratio of 0.49.
Added: Altria Group Inc. (MO, Financial)
HOTCHKIS & WILEY added to his holdings in Tobacco company Altria Group Inc. by 78.49%. His purchase prices were between $67.92 and $71.11, with an estimated average price of $69.4. The impact to his portfolio due to this purchase was 0.48%. His holdings were 5,134,701 shares as of 06/30/2007.
Altria Group, Inc., through its subsidiaries, engages in the manufactures and sale of cigarettes and other tobacco products in the United States and internationally. Altria Group Inc. has a market cap of $142.29 billion, its shares were traded at around $67.59 with with P/E ratio of 13.21 and P/S ratio of 1.96.
Added: Interpublic Group Of Companies (IPG, Financial)
HOTCHKIS & WILEY added to his holdings in Media Agencies company Interpublic Group Of Companies by 80.3%. His purchase prices were between $11.49 and $12.92, with an estimated average price of $12. The impact to his portfolio due to this purchase was 0.47%. His holdings were 30,662,310 shares as of 06/30/2007.
The Interpublic Group of Companies, Inc., together with its subsidiaries, provides advertising and marketing services. The company operates in two segments, Integrated Agency Network and Constituency Management Group. Interpublic Group of Companies has a market cap of $5.31 billion, its shares were traded at around $11.27 with with P/E ratio of 108.37 and P/S ratio of 0.83.
Added: Pulte Homes Inc. (PHM, Financial)
HOTCHKIS & WILEY added to his holdings in Home Construction company Pulte Homes Inc. by 42.61%. His purchase prices were between $22.66 and $28.35, with an estimated average price of $26.1. The impact to his portfolio due to this purchase was 0.36%. His holdings were 17,578,500 shares as of 06/30/2007.
Pulte Homes, Inc., through its subsidiaries, engages in the homebuilding and financial services businesses primarily in the United States. The company's Homebuilding business engages in the acquisition and development of land for residential purposes. Pulte Homes Inc. has a market cap of $4.47 billion, its shares were traded at around $17.46 with with P/S ratio of 0.37.
Added: Comerica Inc. (CMA, Financial)
HOTCHKIS & WILEY added to his holdings in Banks company Comerica Inc. by 23.69%. His purchase prices were between $58.88 and $63.06, with an estimated average price of $61.4. The impact to his portfolio due to this purchase was 0.26%. His holdings were 7,481,900 shares as of 06/30/2007.
Comerica Incorporated, through its subsidiaries, provides financial services in the United States, Canada, and Hong Kong. The company operates in four segments: The Business Bank, The Retail Bank, Wealth & Institutional Management, and Finance. Comerica Inc. has a market cap of $8.96 billion, its shares were traded at around $58.54 with with P/E ratio of 10.52 and P/S ratio of 3.10.
Added: Jones Apparel Group Inc. (JNY, Financial)
HOTCHKIS & WILEY added to his holdings in Clothing & Accessories company Jones Apparel Group Inc. by 21.95%. His purchase prices were between $28.02 and $33.67, with an estimated average price of $30.2. The impact to his portfolio due to this purchase was 0.24%. His holdings were 15,445,000 shares as of 06/30/2007.
Jones Apparel Group, Inc. engages in the design, marketing, and wholesale of apparel, footwear, and accessories primarily in the United States and Canada. Jones Apparel Group Inc. has a market cap of $2.01 billion, its shares were traded at around $18.42 with with P/S ratio of 0.41.
Added: Washington Mutual Inc. (WM, Financial)
HOTCHKIS & WILEY added to his holdings in Banks company Washington Mutual Inc. by 23.46%. His purchase prices were between $38.34 and $43.66, with an estimated average price of $41.8. The impact to his portfolio due to this purchase was 0.18%. His holdings were 7,297,692 shares as of 06/30/2007.
Washington Mutual, Inc., together with its subsidiaries, operates as a consumer and small business banking company in the United States. It operates in four segments: Retail Banking, Card Services, Commercial, and Home Loans. Washington Mutual Inc. has a market cap of $33.17 billion, its shares were traded at around $38.37 with with P/E ratio of 10.49 and P/S ratio of 2.25.
Added: Phh Corp. (PHH, Financial)
HOTCHKIS & WILEY added to his holdings in Transportation Services company Phh Corp. by 149.05%. His purchase prices were between $30.3 and $31.2, with an estimated average price of $30.8. The impact to his portfolio due to this purchase was 0.16%. His holdings were 2,712,400 shares as of 06/30/2007.
No business summary available for PHH. PHH Corp. has a market cap of $ million, its shares were traded at around $26.62 with .
Added: Employers Holdings I (EIG, Financial)
HOTCHKIS & WILEY added to his holdings in Property & Casualty Insurance company Employers Holdings I by 160.86%. His purchase prices were between $19.67 and $22.21, with an estimated average price of $20.7. The impact to his portfolio due to this purchase was 0.08%. His holdings were 1,962,415 shares as of 06/30/2007.
Employers Holdings, Inc. and its subsidiaries operate in the commercial property and casualty insurance industry. It provides workers' compensation insurance focusing on small businesses engaged in low to medium hazard industries. EMPLOYERS HOLDINGS I has a market cap of $954.39 million, its shares were traded at around $17.83 with with P/E ratio of 4.97 and P/S ratio of 1.85.
Added: California Coastal Communities (CALC, Financial)
HOTCHKIS & WILEY added to his holdings in Real Estate Holding & Development company California Coastal Communities by 34.19%. His purchase prices were between $16.72 and $19.27, with an estimated average price of $17.9. The impact to his portfolio due to this purchase was 0.01%. His holdings were 525,468 shares as of 06/30/2007.
California Coastal Communities, Inc. operates as a residential land development and homebuilding company with properties located primarily in southern California. California Coastal Communities has a market cap of $153.82 million, its shares were traded at around $14.17 with with P/S ratio of 2.37.
New Purchase: Eli Lilly & Co. (LLY, Financial)
HOTCHKIS & WILEY initiated holdings in Pharmaceuticals company Eli Lilly & Co.. His purchase prices were between $54.67 and $59.67, with an estimated average price of $57.5. The impact to his portfolio due to this purchase was 2.19%. His holdings were 12,986,300 shares as of 06/30/2007.
Eli Lilly and Company engages in the discovery, development, manufacture, and sale of pharmaceutical products in the United States, Puerto Rico, and internationally. Eli Lilly & Co. has a market cap of $63.3 billion, its shares were traded at around $55.81 with with P/E ratio of 27.91 and P/S ratio of 3.67.
New Purchase: Gap Inc. (GPS, Financial)
HOTCHKIS & WILEY initiated holdings in Apparel Retailers company Gap Inc.. His purchase prices were between $17.57 and $19.26, with an estimated average price of $18.5. The impact to his portfolio due to this purchase was 1.51%. His holdings were 26,186,100 shares as of 06/30/2007.
The Gap, Inc. operates as a specialty retailing company in the United States and internationally. The company operates retail and outlet stores that sell casual apparel, accessories, and personal care products for men, women, and children. Gap Inc. has a market cap of $14.09 billion, its shares were traded at around $17.27 with with P/E ratio of 19.97 and P/S ratio of 0.83.
New Purchase: Autonation Inc. (AN, Financial)
HOTCHKIS & WILEY initiated holdings in Specialty Retailers company Autonation Inc.. His purchase prices were between $20.76 and $22.55, with an estimated average price of $21.7. The impact to his portfolio due to this purchase was 0.79%. His holdings were 11,671,300 shares as of 06/30/2007.
AutoNation, Inc., through its subsidiaries, operates as an automotive retailer in the United States. The company offers a range of automotive products and services, including new vehicles, used vehicles, vehicle maintenance and repair services, etc. AutoNation Inc. has a market cap of $3.86 billion, its shares were traded at around $19.12 with with P/E ratio of 12.93 and P/S ratio of 0.21.
New Purchase: Oracle Corp. (ORCL)
HOTCHKIS & WILEY initiated holdings in Software company Oracle Corp.. His purchase prices were between $18.63 and $19.86, with an estimated average price of $19.2. The impact to his portfolio due to this purchase was 0.47%. His holdings were 7,971,300 shares as of 06/30/2007.
Oracle Corporation, an enterprise software company, engages in the development, manufacture, distribution, servicing, and marketing of database, middleware, and application software. Oracle Corp. has a market cap of $98.94 billion, its shares were traded at around $19.35 with with P/E ratio of 23.86 and P/S ratio of 5.44.
New Purchase: Portland General Electric Company Common Stock (POR)
HOTCHKIS & WILEY initiated holdings in Electricity company Portland General Electric Company Common Stock. His purchase prices were between $26.87 and $29.77, with an estimated average price of $28.6. The impact to his portfolio due to this purchase was 0.25%. His holdings were 3,045,900 shares as of 06/30/2007.
Portland General Electric Company engages in the generation, purchase, transmission, distribution, and retail sale of electricity in the state of Oregon. Portland General Electric Company Common Stock has a market cap of $1.67 billion, its shares were traded at around $26.78 with with P/E ratio of 11.09 and P/S ratio of 1.02.
New Purchase: Limited Brands Inc. (LTD)
HOTCHKIS & WILEY initiated holdings in Apparel Retailers company Limited Brands Inc.. His purchase prices were between $25.65 and $28.37, with an estimated average price of $26.9. The impact to his portfolio due to this purchase was 0.21%. His holdings were 2,572,800 shares as of 06/30/2007.
Limited Brands, Inc. sells women's and men's apparel, lingerie, beauty, and personal care products primarily in the United States and Canada. Limited Brands Inc. has a market cap of $8.78 billion, its shares were traded at around $22.06 with with P/E ratio of 14.16 and P/S ratio of 0.78.
New Purchase: Hudson Highland Group Inc. (HHGP)
HOTCHKIS & WILEY initiated holdings in Business Support Services company Hudson Highland Group Inc.. His purchase prices were between $14.91 and $21.6, with an estimated average price of $19.1. The impact to his portfolio due to this purchase was 0.14%. His holdings were 2,110,000 shares as of 06/30/2007.
Hudson Highland Group, Inc. provides professional staffing and talent management solutions worldwide. It offers professional staffing services on a permanent, contract, and temporary basis, as well as talent management services to businesses operations. Hudson Highland Group Inc. has a market cap of $351.00 million, its shares were traded at around $13.75 with with P/E ratio of 11.33 and P/S ratio of 0.25.
New Purchase: Liz Claiborne Inc. (LIZ)
HOTCHKIS & WILEY initiated holdings in Clothing & Accessories company Liz Claiborne Inc.. His purchase prices were between $33.65 and $44.69, with an estimated average price of $38.2. The impact to his portfolio due to this purchase was 0.12%. His holdings were 1,049,900 shares as of 06/30/2007.
Liz Claiborne, Inc. engages in the design, marketing, and retail of a range of apparel, accessories, and fragrance products worldwide. It offers a range of sportswear products; junior's, men's, and women's activewear; performance tops and bottoms etc. Liz Claiborne Inc. has a market cap of $3.44 billion, its shares were traded at around $33.68 with with P/E ratio of 17.47 and P/S ratio of 0.67.
New Purchase: Citadel Broadcasting Corp. (CDL)
HOTCHKIS & WILEY initiated holdings in Broadcasting & Entertainment company Citadel Broadcasting Corp.. His purchase prices were between $5.76 and $6.89, with an estimated average price of $6.3. The impact to his portfolio due to this purchase was 0.1%. His holdings were 5,393,000 shares as of 06/30/2007.
Citadel Broadcasting Corporation operates as a radio broadcasting company in the United States. As of June 12, 2007, it owned and operated 179 FM stations and 66 AM stations in 46 markets in 24 states. Citadel Broadcasting Corp. has a market cap of $1.13 billion, its shares were traded at around $4.3 with with P/E ratio of 18.38 and P/S ratio of 2.58.
New Purchase: Group 1 Automotive Inc. (GPI)
HOTCHKIS & WILEY initiated holdings in Specialty Retailers company Group 1 Automotive Inc.. His purchase prices were between $39.69 and $43.15, with an estimated average price of $41.4. The impact to his portfolio due to this purchase was 0.05%. His holdings were 385,600 shares as of 06/30/2007.
Group 1 Automotive, Inc. operates in the automotive retail industry. The company markets and sells a range of automotive products and services, including new and used vehicles and related financing; vehicle maintenance and repair services; etc. Group 1 Automotive Inc. has a market cap of $866.13 million, its shares were traded at around $36.03 with with P/E ratio of 10.48 and P/S ratio of 0.14.
New Purchase: Ishares Russell 2000 Value Index Fd (IWN)
HOTCHKIS & WILEY initiated holdings in Specialty Retailers company Ishares Russell 2000 Value Index Fd. His purchase prices were between $81.85 and $85.4, with an estimated average price of $83.3. The impact to his portfolio due to this purchase was 0.01%. His holdings were 33,500 shares as of 06/30/2007.
N/A ISHARES RUSSELL 2000 VALUE INDEX FD has a market cap of $ million, its shares were traded at around $76.52 with .
Reduced: Flowserve Corp. (FLS)
HOTCHKIS & WILEY reduced to his holdings in Diversified Industrials company Flowserve Corp. by 20.43%. His sale prices were between $58.62 and $72.22, with an estimated average price of $65.6. The impact to his portfolio due to this sale was 1.14%. HOTCHKIS & WILEY still held 6,344,400 shares as of 06/30/2007.
Flowserve Corporation, together with its subsidiaries, engages in the development, manufacture, and sale of precision-engineered flow control equipments. Flowserve Corp. has a market cap of $3.75 billion, its shares were traded at around $65.75 with with P/E ratio of 23.32 and P/S ratio of 1.10.
Reduced: Alcoa Inc. (AA)
HOTCHKIS & WILEY reduced to his holdings in Aluminum company Alcoa Inc. by 53.91%. His sale prices were between $34.05 and $41.41, with an estimated average price of $38. The impact to his portfolio due to this sale was 0.79%. HOTCHKIS & WILEY still held 9,911,079 shares as of 06/30/2007.
Alcoa, Inc. engages in the production and sale of primary aluminum, fabricated aluminum, and alumina worldwide. The company involves in technology, mining, refining, smelting, fabricating, and recycling of aluminum. Alcoa Inc. has a market cap of $29.43 billion, its shares were traded at around $33.29 with with P/E ratio of 12.85 and P/S ratio of 0.90.
Reduced: Weyerhaeuser Co. (WY)
HOTCHKIS & WILEY reduced to his holdings in Forestry company Weyerhaeuser Co. by 50.49%. His sale prices were between $74.55 and $81.92, with an estimated average price of $79.2. The impact to his portfolio due to this sale was 0.31%. HOTCHKIS & WILEY still held 1,974,047 shares as of 06/30/2007.
Weyerhaeuser Company engages in growing and harvesting timber, as well as in the manufacture, distribution, and sale of forest products primarily in the United States and Canada. Weyerhaeuser Co. has a market cap of $14.14 billion, its shares were traded at around $65 with with P/E ratio of 10.06 and P/S ratio of 0.66.
Reduced: Harrah's Entertainment Inc. (HET)
HOTCHKIS & WILEY reduced to his holdings in Gambling company Harrah's Entertainment Inc. by 41.94%. His sale prices were between $84.1 and $85.15, with an estimated average price of $84.8. The impact to his portfolio due to this sale was 0.28%. HOTCHKIS & WILEY still held 1,542,291 shares as of 06/30/2007.
Harrah's Entertainment, Inc., through its subsidiary, Harrah's Operating Company, Inc., operates casino entertainment facilities primarily in the United States. Harrah's Entertainment Inc. has a market cap of $15.46 billion, its shares were traded at around $82.57 with with P/E ratio of 24.14 and P/S ratio of 1.50.
Reduced: Agrium Inc. (AGU)
HOTCHKIS & WILEY reduced to his holdings in Specialty Chemicals company Agrium Inc. by 49.98%. His sale prices were between $37.04 and $45.79, with an estimated average price of $40.2. The impact to his portfolio due to this sale was 0.25%. HOTCHKIS & WILEY still held 2,823,500 shares as of 06/30/2007.
Agrium, Inc. produces and markets agricultural nutrients, industrial products, and specialty fertilizers worldwide, as well as involves in the retail supply of agricultural products and services in North and South Americas. Agrium Inc. has a market cap of $5.07 billion, its shares were traded at around $37.82 with with P/E ratio of 32.16 and P/S ratio of 1.07.
Reduced: Dow Jones & Co. Inc. (DJ)
HOTCHKIS & WILEY reduced to his holdings in Publishing company Dow Jones & Co. Inc. by 74.45%. His sale prices were between $33.89 and $60.92, with an estimated average price of $49.9. The impact to his portfolio due to this sale was 0.14%. HOTCHKIS & WILEY still held 1,415,600 shares as of 06/30/2007.
Dow Jones & Company, Inc. provides global business and financial news, information, and insight through newspapers, newswires, magazines, the Internet, indexes, television, and radio. Dow Jones & Co. Inc. has a market cap of $5.05 billion, its shares were traded at around $58.8 with with P/E ratio of 14.58 and P/S ratio of 2.60.
Reduced: Schering-Plough Corp. (SGP)
HOTCHKIS & WILEY reduced to his holdings in Pharmaceuticals company Schering-Plough Corp. by 78.88%. His sale prices were between $25.75 and $33.06, with an estimated average price of $30.8. The impact to his portfolio due to this sale was 0.08%. HOTCHKIS & WILEY still held 1,646,200 shares as of 06/30/2007.
Schering-Plough Corporation engages in the discovery, development, manufacture, and marketing of medical therapies and treatments worldwide. Its Prescription Pharmaceuticals segment offers NASONEX for nasal allergy symptoms and nasal polyps; etc. Schering-Plough Corp. has a market cap of $44.23 billion, its shares were traded at around $29.56 with with P/E ratio of 28.90 and P/S ratio of 3.85.
Reduced: Foundation Coal Holdings Inc. (FCL)
HOTCHKIS & WILEY reduced to his holdings in Coal company Foundation Coal Holdings Inc. by 23.66%. His sale prices were between $36.37 and $44.41, with an estimated average price of $40.9. The impact to his portfolio due to this sale was 0.08%. HOTCHKIS & WILEY still held 801,200 shares as of 06/30/2007.
Foundation Coal Holdings, Inc., through its subsidiaries, engages in the extraction, cleaning, and sale of coal from surface and deep mines to electric utilities, steel companies, coal brokers, and industrial users primarily in the United States. Foundation Coal Holdings Inc. has a market cap of $1.52 billion, its shares were traded at around $33.6 with with P/S ratio of 1.00.
Reduced: Lubrizol Corp. (LZ)
HOTCHKIS & WILEY reduced to his holdings in Specialty Chemicals company Lubrizol Corp. by 69.64%. His sale prices were between $51.45 and $66.6, with an estimated average price of $62. The impact to his portfolio due to this sale was 0.06%. HOTCHKIS & WILEY still held 582,300 shares as of 06/30/2007.
The Lubrizol Corporation, a specialty chemical company, engages in the production and supply of technologies that improve the performance of its customer's products in the transportation, industrial, and consumer markets worldwide. Lubrizol Corp. has a market cap of $4.06 billion, its shares were traded at around $58.75 with with P/E ratio of 18.45 and P/S ratio of 0.93.
Reduced: Spherion Corp. (SFN)
HOTCHKIS & WILEY reduced to his holdings in Business Support Services company Spherion Corp. by 30.69%. His sale prices were between $8.75 and $10.09, with an estimated average price of $9.5. The impact to his portfolio due to this sale was 0.05%. HOTCHKIS & WILEY still held 2,449,700 shares as of 06/30/2007.
Spherion Corporation provides temporary staffing services, managed services, and permanent placement services in North America. It operates in two segments, Staffing Services and Professional Services. Spherion Corp. has a market cap of $473.25 million, its shares were traded at around $8.42 with with P/E ratio of 8.85 and P/S ratio of 0.24.
Reduced: Petro-canada (PCZ)
HOTCHKIS & WILEY reduced to his holdings in Exploration & Production company Petro-canada by 91.32%. His sale prices were between $39.8 and $52.92, with an estimated average price of $47.8. The impact to his portfolio due to this sale was 0.02%. HOTCHKIS & WILEY still held 162,300 shares as of 06/30/2007.
Petro-Canada operates as an integrated oil and gas company in Canada. It engages in the exploration, development, production, and marketing of crude oil, natural gas liquids, and natural gas in Canada and internationally. Petro-Canada has a market cap of $23.92 billion, its shares were traded at around $48.93 with with P/E ratio of 10.47 and P/S ratio of 1.23.
Reduced: Unilever Plc (UL)
HOTCHKIS & WILEY reduced to his holdings in Food Products company Unilever Plc by 98.58%. His sale prices were between $29.66 and $32.13, with an estimated average price of $30.9. The impact to his portfolio due to this sale was 0.01%. HOTCHKIS & WILEY still held 115,179 shares as of 06/30/2007.
Unilever PLC, through its subsidiaries, manufactures and supplies fast moving consumer goods in food, and home and personal care product categories. It offers food items, including soups, bouillons, sauces, snacks, mayonnaise, salad dressings, etc. Unilever plc has a market cap of $21.74 billion, its shares were traded at around $30.12 with with P/E ratio of 3.38 and P/S ratio of 0.40.
Reduced: Spx Corp. (SPW)
HOTCHKIS & WILEY reduced to his holdings in Electrical Components & Equipment company Spx Corp. by 98.12%. His sale prices were between $69.51 and $88.84, with an estimated average price of $80.1. The impact to his portfolio due to this sale was 0.01%. HOTCHKIS & WILEY still held 70,700 shares as of 06/30/2007.
SPX Corporation offers flow technology, test and measurement, thermal equipment and services, and industrial products and services primarily in the United States, Germany, and the United Kingdom. SPX Corp. has a market cap of $4.44 billion, its shares were traded at around $81.52 with with P/E ratio of 36.30 and P/S ratio of 0.95.
Reduced: Dow Chemical Co. (DOW)
HOTCHKIS & WILEY reduced to his holdings in Commodity Chemicals company Dow Chemical Co. by 33.56%. His sale prices were between $44.06 and $45.56, with an estimated average price of $44.9. The impact to his portfolio due to this sale was 0.01%. HOTCHKIS & WILEY still held 88,900 shares as of 06/30/2007.
The Dow Chemical Company, through its subsidiaries, engages in the manufacture and sale of chemicals, plastic materials, agricultural, and other specialized products and services in United States and internationally. Dow Chemical Co. has a market cap of $39.09 billion, its shares were traded at around $41.15 with with P/E ratio of 11.42 and P/S ratio of 0.75.
Reduced: Edo Corp. (EDO)
HOTCHKIS & WILEY reduced to his holdings in Aerospace company Edo Corp. by 92.37%. His sale prices were between $25.72 and $34.4, with an estimated average price of $31.2. The impact to his portfolio due to this sale was less than 0.01%. HOTCHKIS & WILEY still held 45,312 shares as of 06/30/2007.
EDO Corporation engages in the design and manufacture of products for aerospace, defense, intelligence, and commercial markets. The company operates in two segments, Electronic Systems and Communications, and Engineered Systems and Services. EDO Corp. has a market cap of $819.44 million, its shares were traded at around $38.54 with with P/E ratio of 41.53 and P/S ratio of 0.85.
Reduced: Mcdonald's Corp. (MCD)
HOTCHKIS & WILEY reduced to his holdings in Restaurants & bars company Mcdonald's Corp. by 97.62%. His sale prices were between $45.78 and $52.33, with an estimated average price of $50. The impact to his portfolio due to this sale was less than 0.01%. HOTCHKIS & WILEY still held 26,300 shares as of 06/30/2007.
McDonald's Corporation operates as a foodservice retailer worldwide. It operates and franchises McDonald's restaurants, which offer various food items, and soft drinks and other beverages. McDonald's Corp. has a market cap of $56.69 billion, its shares were traded at around $47.57 with with P/E ratio of 27.45 and P/S ratio of 2.51.
Sold Out: Cf Industries Holdings Inc. (CF)
HOTCHKIS & WILEY sold out his holdings in Specialty Chemicals company Cf Industries Holdings Inc.. His sale prices were between $40.19 and $60.07, with an estimated average price of $46.6. The impact to his portfolio due to this sale was less than 0.01%.
CF Industries Holdings, Inc. engages in the manufacture and distribution of nitrogen and phosphate fertilizer products in North America. The company operates in two segments, Nitrogen Fertilizer and Phosphate Fertilizer. CF Industries Holdings Inc. has a market cap of $3.04 billion, its shares were traded at around $54.56 with with P/E ratio of 18.33 and P/S ratio of 1.37.
Sold Out: Tesoro Corp. (TSO)
HOTCHKIS & WILEY sold out his holdings in Exploration & Production company Tesoro Corp.. His sale prices were between $52.81 and $63.74, with an estimated average price of $58.8. The impact to his portfolio due to this sale was less than 0.01%.
Tesoro Corporation and its subsidiaries engage in refining and marketing petroleum products in the United States. It operates in two segments, Refining and Retail. Tesoro Corp. has a market cap of $6.42 billion, its shares were traded at around $46.95 with with P/E ratio of 6.59 and P/S ratio of 0.33.
Sold Out: Southern Union Co. (SUG)
HOTCHKIS & WILEY sold out his holdings in Gas Distribution company Southern Union Co.. His sale prices were between $30.46 and $34.43, with an estimated average price of $32.1. The impact to his portfolio due to this sale was less than 0.01%.
Southern Union Company, together with its subsidiaries, engages in the gathering, processing, transportation, storage, and distribution of natural gas in the United States. Southern Union Co. has a market cap of $3.47 billion, its shares were traded at around $28.89 with with P/E ratio of 53.60 and P/S ratio of 1.29.
Sold Out: Comstock Homebuilding Companie (CHCI)
HOTCHKIS & WILEY sold out his holdings in Home Construction company Comstock Homebuilding Companie. His sale prices were between $2.61 and $4.18, with an estimated average price of $3.3. The impact to his portfolio due to this sale was less than 0.01%.
Comstock Homebuilding Companies, Inc. operates as a real estate developer in the United States. It primarily develops and builds single-family homes, townhouses, mid-rise condominiums, high-rise multi-family buildings, and mixed-use developments. Comstock Homebuilding Companie has a market cap of $32.40 million, its shares were traded at around $1.96 with with P/S ratio of 0.09.
Sold Out: Mosaic Co. (MOS)
HOTCHKIS & WILEY sold out his holdings in Specialty Chemicals company Mosaic Co.. His sale prices were between $28.82 and $39.74, with an estimated average price of $33.1. The impact to his portfolio due to this sale was less than 0.01%.
The Mosaic Company engages in the production and marketing of crop nutrient and animal feed products worldwide. It operates in four segments: Phosphates, Potash, Offshore, and Nitrogen. Mosaic Co. has a market cap of $15.87 billion, its shares were traded at around $35.97 with with P/E ratio of 599.50 and P/S ratio of 2.69.
Sold Out: Lockheed Martin Corp. (LMT)
HOTCHKIS & WILEY sold out his holdings in Aerospace company Lockheed Martin Corp.. His sale prices were between $93.39 and $98.49, with an estimated average price of $96.2. The impact to his portfolio due to this sale was less than 0.01%.
Lockheed Martin Corporation researches, designs, develops, manufactures, integrates, operates, and sustains technology systems and products, as well as provides a range of management, engineering, technical, scientific, logistic, and information services. Lockheed Martin Corp. has a market cap of $39.64 billion, its shares were traded at around $96.22 with with P/E ratio of 14.72 and P/S ratio of 0.97.
Sold Out: Thomas Properties Group Inc. (TPGI)
HOTCHKIS & WILEY sold out his holdings in Real Estate Holding & Development company Thomas Properties Group Inc.. His sale prices were between $15.43 and $17.19, with an estimated average price of $16.5. The impact to his portfolio due to this sale was less than 0.01%.
Thomas Properties Group, Inc., together with its operating partnership, Thomas Properties Group, L.P., operates as a real estate operating company in the United States. Thomas Properties Group Inc. has a market cap of $329.61 million, its shares were traded at around $13.88 with with P/S ratio of 4.35.
Reduced: Flowserve Corp. (FLS)
HOTCHKIS & WILEY reduced to his holdings in Diversified Industrials company Flowserve Corp. by 41.63%. His sale prices were between $62.1 and $76.53, with an estimated average price of $72.27. The impact to his portfolio due to this sale was 0.77%. HOTCHKIS & WILEY still held 4,653,700 shares as of 06/30/2007.
Flowserve Corporation, together with its subsidiaries, engages in the development, manufacture, and sale of precision-engineered flow control equipments. Flowserve Corp. has a market cap of $3.75 billion, its shares were traded at around $65.75 with with P/E ratio of 23.32 and P/S ratio of 1.10.
HOTCHKIS & WILEY buys Eli Lilly & Co., Gap Inc., Autonation Inc., Oracle Corp., Portland General Electric Company Common Stock, Limited Brands Inc., Hudson Highland Group Inc., Liz Claiborne Inc., Citadel Broadcasting Corp., Group 1 Automotive Inc., Ishares Russell 2000 Value Index Fd, sells Lockheed Martin Corp., Mosaic Co., Tesoro Corp., Southern Union Co., Cf Industries Holdings Inc., Thomas Properties Group Inc., Comstock Homebuilding Companie during the 3-months ended 06/30/2007, according to the most recent filings of his investment company, HOTCHKIS & WILEY Capital Managment LLC. HOTCHKIS & WILEY owns 126 stocks with a total value of $33.1 billion. These are the details of the buys and sells.
New Purchases: AN, CDL, GPI, GPS, HHGP, IWN, LIZ, LLY, LTD, ORCL, POR,
Added Positions: CALC, CMA, EIG, IPG, JNY, MO, PHH, PHM, WM, WMT,
Reduced Positions: AA, AGU, DJ, DOW, EDO, FCL, FLS, HET, LZ, MCD, PCZ, SFN, SGP, SPW, UL, WY, FLS,
Sold Out: CF, CHCI, LMT, MOS, SUG, TPGI, TSO,
Added: Wal-Mart (WMT, Financial)
HOTCHKIS & WILEY added to his holdings in Broadline Retailers company Wal-Mart by 41.47%. His purchase prices were between $46.67 and $49.83, with an estimated average price of $48. The impact to his portfolio due to this purchase was 0.78%. His holdings were 18,333,700 shares as of 06/30/2007.
Wal-Mart Stores, Inc. operates retail stores in various formats worldwide. It operates through three segments: Wal-Mart Stores, Sam's Club, and International. Wal-Mart has a market cap of $178.69 billion, its shares were traded at around $43.49 with with P/E ratio of 14.39 and P/S ratio of 0.49.
Added: Altria Group Inc. (MO, Financial)
HOTCHKIS & WILEY added to his holdings in Tobacco company Altria Group Inc. by 78.49%. His purchase prices were between $67.92 and $71.11, with an estimated average price of $69.4. The impact to his portfolio due to this purchase was 0.48%. His holdings were 5,134,701 shares as of 06/30/2007.
Altria Group, Inc., through its subsidiaries, engages in the manufactures and sale of cigarettes and other tobacco products in the United States and internationally. Altria Group Inc. has a market cap of $142.29 billion, its shares were traded at around $67.59 with with P/E ratio of 13.21 and P/S ratio of 1.96.
Added: Interpublic Group Of Companies (IPG, Financial)
HOTCHKIS & WILEY added to his holdings in Media Agencies company Interpublic Group Of Companies by 80.3%. His purchase prices were between $11.49 and $12.92, with an estimated average price of $12. The impact to his portfolio due to this purchase was 0.47%. His holdings were 30,662,310 shares as of 06/30/2007.
The Interpublic Group of Companies, Inc., together with its subsidiaries, provides advertising and marketing services. The company operates in two segments, Integrated Agency Network and Constituency Management Group. Interpublic Group of Companies has a market cap of $5.31 billion, its shares were traded at around $11.27 with with P/E ratio of 108.37 and P/S ratio of 0.83.
Added: Pulte Homes Inc. (PHM, Financial)
HOTCHKIS & WILEY added to his holdings in Home Construction company Pulte Homes Inc. by 42.61%. His purchase prices were between $22.66 and $28.35, with an estimated average price of $26.1. The impact to his portfolio due to this purchase was 0.36%. His holdings were 17,578,500 shares as of 06/30/2007.
Pulte Homes, Inc., through its subsidiaries, engages in the homebuilding and financial services businesses primarily in the United States. The company's Homebuilding business engages in the acquisition and development of land for residential purposes. Pulte Homes Inc. has a market cap of $4.47 billion, its shares were traded at around $17.46 with with P/S ratio of 0.37.
Added: Comerica Inc. (CMA, Financial)
HOTCHKIS & WILEY added to his holdings in Banks company Comerica Inc. by 23.69%. His purchase prices were between $58.88 and $63.06, with an estimated average price of $61.4. The impact to his portfolio due to this purchase was 0.26%. His holdings were 7,481,900 shares as of 06/30/2007.
Comerica Incorporated, through its subsidiaries, provides financial services in the United States, Canada, and Hong Kong. The company operates in four segments: The Business Bank, The Retail Bank, Wealth & Institutional Management, and Finance. Comerica Inc. has a market cap of $8.96 billion, its shares were traded at around $58.54 with with P/E ratio of 10.52 and P/S ratio of 3.10.
Added: Jones Apparel Group Inc. (JNY, Financial)
HOTCHKIS & WILEY added to his holdings in Clothing & Accessories company Jones Apparel Group Inc. by 21.95%. His purchase prices were between $28.02 and $33.67, with an estimated average price of $30.2. The impact to his portfolio due to this purchase was 0.24%. His holdings were 15,445,000 shares as of 06/30/2007.
Jones Apparel Group, Inc. engages in the design, marketing, and wholesale of apparel, footwear, and accessories primarily in the United States and Canada. Jones Apparel Group Inc. has a market cap of $2.01 billion, its shares were traded at around $18.42 with with P/S ratio of 0.41.
Added: Washington Mutual Inc. (WM, Financial)
HOTCHKIS & WILEY added to his holdings in Banks company Washington Mutual Inc. by 23.46%. His purchase prices were between $38.34 and $43.66, with an estimated average price of $41.8. The impact to his portfolio due to this purchase was 0.18%. His holdings were 7,297,692 shares as of 06/30/2007.
Washington Mutual, Inc., together with its subsidiaries, operates as a consumer and small business banking company in the United States. It operates in four segments: Retail Banking, Card Services, Commercial, and Home Loans. Washington Mutual Inc. has a market cap of $33.17 billion, its shares were traded at around $38.37 with with P/E ratio of 10.49 and P/S ratio of 2.25.
Added: Phh Corp. (PHH, Financial)
HOTCHKIS & WILEY added to his holdings in Transportation Services company Phh Corp. by 149.05%. His purchase prices were between $30.3 and $31.2, with an estimated average price of $30.8. The impact to his portfolio due to this purchase was 0.16%. His holdings were 2,712,400 shares as of 06/30/2007.
No business summary available for PHH. PHH Corp. has a market cap of $ million, its shares were traded at around $26.62 with .
Added: Employers Holdings I (EIG, Financial)
HOTCHKIS & WILEY added to his holdings in Property & Casualty Insurance company Employers Holdings I by 160.86%. His purchase prices were between $19.67 and $22.21, with an estimated average price of $20.7. The impact to his portfolio due to this purchase was 0.08%. His holdings were 1,962,415 shares as of 06/30/2007.
Employers Holdings, Inc. and its subsidiaries operate in the commercial property and casualty insurance industry. It provides workers' compensation insurance focusing on small businesses engaged in low to medium hazard industries. EMPLOYERS HOLDINGS I has a market cap of $954.39 million, its shares were traded at around $17.83 with with P/E ratio of 4.97 and P/S ratio of 1.85.
Added: California Coastal Communities (CALC, Financial)
HOTCHKIS & WILEY added to his holdings in Real Estate Holding & Development company California Coastal Communities by 34.19%. His purchase prices were between $16.72 and $19.27, with an estimated average price of $17.9. The impact to his portfolio due to this purchase was 0.01%. His holdings were 525,468 shares as of 06/30/2007.
California Coastal Communities, Inc. operates as a residential land development and homebuilding company with properties located primarily in southern California. California Coastal Communities has a market cap of $153.82 million, its shares were traded at around $14.17 with with P/S ratio of 2.37.
New Purchase: Eli Lilly & Co. (LLY, Financial)
HOTCHKIS & WILEY initiated holdings in Pharmaceuticals company Eli Lilly & Co.. His purchase prices were between $54.67 and $59.67, with an estimated average price of $57.5. The impact to his portfolio due to this purchase was 2.19%. His holdings were 12,986,300 shares as of 06/30/2007.
Eli Lilly and Company engages in the discovery, development, manufacture, and sale of pharmaceutical products in the United States, Puerto Rico, and internationally. Eli Lilly & Co. has a market cap of $63.3 billion, its shares were traded at around $55.81 with with P/E ratio of 27.91 and P/S ratio of 3.67.
New Purchase: Gap Inc. (GPS, Financial)
HOTCHKIS & WILEY initiated holdings in Apparel Retailers company Gap Inc.. His purchase prices were between $17.57 and $19.26, with an estimated average price of $18.5. The impact to his portfolio due to this purchase was 1.51%. His holdings were 26,186,100 shares as of 06/30/2007.
The Gap, Inc. operates as a specialty retailing company in the United States and internationally. The company operates retail and outlet stores that sell casual apparel, accessories, and personal care products for men, women, and children. Gap Inc. has a market cap of $14.09 billion, its shares were traded at around $17.27 with with P/E ratio of 19.97 and P/S ratio of 0.83.
New Purchase: Autonation Inc. (AN, Financial)
HOTCHKIS & WILEY initiated holdings in Specialty Retailers company Autonation Inc.. His purchase prices were between $20.76 and $22.55, with an estimated average price of $21.7. The impact to his portfolio due to this purchase was 0.79%. His holdings were 11,671,300 shares as of 06/30/2007.
AutoNation, Inc., through its subsidiaries, operates as an automotive retailer in the United States. The company offers a range of automotive products and services, including new vehicles, used vehicles, vehicle maintenance and repair services, etc. AutoNation Inc. has a market cap of $3.86 billion, its shares were traded at around $19.12 with with P/E ratio of 12.93 and P/S ratio of 0.21.
New Purchase: Oracle Corp. (ORCL)
HOTCHKIS & WILEY initiated holdings in Software company Oracle Corp.. His purchase prices were between $18.63 and $19.86, with an estimated average price of $19.2. The impact to his portfolio due to this purchase was 0.47%. His holdings were 7,971,300 shares as of 06/30/2007.
Oracle Corporation, an enterprise software company, engages in the development, manufacture, distribution, servicing, and marketing of database, middleware, and application software. Oracle Corp. has a market cap of $98.94 billion, its shares were traded at around $19.35 with with P/E ratio of 23.86 and P/S ratio of 5.44.
New Purchase: Portland General Electric Company Common Stock (POR)
HOTCHKIS & WILEY initiated holdings in Electricity company Portland General Electric Company Common Stock. His purchase prices were between $26.87 and $29.77, with an estimated average price of $28.6. The impact to his portfolio due to this purchase was 0.25%. His holdings were 3,045,900 shares as of 06/30/2007.
Portland General Electric Company engages in the generation, purchase, transmission, distribution, and retail sale of electricity in the state of Oregon. Portland General Electric Company Common Stock has a market cap of $1.67 billion, its shares were traded at around $26.78 with with P/E ratio of 11.09 and P/S ratio of 1.02.
New Purchase: Limited Brands Inc. (LTD)
HOTCHKIS & WILEY initiated holdings in Apparel Retailers company Limited Brands Inc.. His purchase prices were between $25.65 and $28.37, with an estimated average price of $26.9. The impact to his portfolio due to this purchase was 0.21%. His holdings were 2,572,800 shares as of 06/30/2007.
Limited Brands, Inc. sells women's and men's apparel, lingerie, beauty, and personal care products primarily in the United States and Canada. Limited Brands Inc. has a market cap of $8.78 billion, its shares were traded at around $22.06 with with P/E ratio of 14.16 and P/S ratio of 0.78.
New Purchase: Hudson Highland Group Inc. (HHGP)
HOTCHKIS & WILEY initiated holdings in Business Support Services company Hudson Highland Group Inc.. His purchase prices were between $14.91 and $21.6, with an estimated average price of $19.1. The impact to his portfolio due to this purchase was 0.14%. His holdings were 2,110,000 shares as of 06/30/2007.
Hudson Highland Group, Inc. provides professional staffing and talent management solutions worldwide. It offers professional staffing services on a permanent, contract, and temporary basis, as well as talent management services to businesses operations. Hudson Highland Group Inc. has a market cap of $351.00 million, its shares were traded at around $13.75 with with P/E ratio of 11.33 and P/S ratio of 0.25.
New Purchase: Liz Claiborne Inc. (LIZ)
HOTCHKIS & WILEY initiated holdings in Clothing & Accessories company Liz Claiborne Inc.. His purchase prices were between $33.65 and $44.69, with an estimated average price of $38.2. The impact to his portfolio due to this purchase was 0.12%. His holdings were 1,049,900 shares as of 06/30/2007.
Liz Claiborne, Inc. engages in the design, marketing, and retail of a range of apparel, accessories, and fragrance products worldwide. It offers a range of sportswear products; junior's, men's, and women's activewear; performance tops and bottoms etc. Liz Claiborne Inc. has a market cap of $3.44 billion, its shares were traded at around $33.68 with with P/E ratio of 17.47 and P/S ratio of 0.67.
New Purchase: Citadel Broadcasting Corp. (CDL)
HOTCHKIS & WILEY initiated holdings in Broadcasting & Entertainment company Citadel Broadcasting Corp.. His purchase prices were between $5.76 and $6.89, with an estimated average price of $6.3. The impact to his portfolio due to this purchase was 0.1%. His holdings were 5,393,000 shares as of 06/30/2007.
Citadel Broadcasting Corporation operates as a radio broadcasting company in the United States. As of June 12, 2007, it owned and operated 179 FM stations and 66 AM stations in 46 markets in 24 states. Citadel Broadcasting Corp. has a market cap of $1.13 billion, its shares were traded at around $4.3 with with P/E ratio of 18.38 and P/S ratio of 2.58.
New Purchase: Group 1 Automotive Inc. (GPI)
HOTCHKIS & WILEY initiated holdings in Specialty Retailers company Group 1 Automotive Inc.. His purchase prices were between $39.69 and $43.15, with an estimated average price of $41.4. The impact to his portfolio due to this purchase was 0.05%. His holdings were 385,600 shares as of 06/30/2007.
Group 1 Automotive, Inc. operates in the automotive retail industry. The company markets and sells a range of automotive products and services, including new and used vehicles and related financing; vehicle maintenance and repair services; etc. Group 1 Automotive Inc. has a market cap of $866.13 million, its shares were traded at around $36.03 with with P/E ratio of 10.48 and P/S ratio of 0.14.
New Purchase: Ishares Russell 2000 Value Index Fd (IWN)
HOTCHKIS & WILEY initiated holdings in Specialty Retailers company Ishares Russell 2000 Value Index Fd. His purchase prices were between $81.85 and $85.4, with an estimated average price of $83.3. The impact to his portfolio due to this purchase was 0.01%. His holdings were 33,500 shares as of 06/30/2007.
N/A ISHARES RUSSELL 2000 VALUE INDEX FD has a market cap of $ million, its shares were traded at around $76.52 with .
Reduced: Flowserve Corp. (FLS)
HOTCHKIS & WILEY reduced to his holdings in Diversified Industrials company Flowserve Corp. by 20.43%. His sale prices were between $58.62 and $72.22, with an estimated average price of $65.6. The impact to his portfolio due to this sale was 1.14%. HOTCHKIS & WILEY still held 6,344,400 shares as of 06/30/2007.
Flowserve Corporation, together with its subsidiaries, engages in the development, manufacture, and sale of precision-engineered flow control equipments. Flowserve Corp. has a market cap of $3.75 billion, its shares were traded at around $65.75 with with P/E ratio of 23.32 and P/S ratio of 1.10.
Reduced: Alcoa Inc. (AA)
HOTCHKIS & WILEY reduced to his holdings in Aluminum company Alcoa Inc. by 53.91%. His sale prices were between $34.05 and $41.41, with an estimated average price of $38. The impact to his portfolio due to this sale was 0.79%. HOTCHKIS & WILEY still held 9,911,079 shares as of 06/30/2007.
Alcoa, Inc. engages in the production and sale of primary aluminum, fabricated aluminum, and alumina worldwide. The company involves in technology, mining, refining, smelting, fabricating, and recycling of aluminum. Alcoa Inc. has a market cap of $29.43 billion, its shares were traded at around $33.29 with with P/E ratio of 12.85 and P/S ratio of 0.90.
Reduced: Weyerhaeuser Co. (WY)
HOTCHKIS & WILEY reduced to his holdings in Forestry company Weyerhaeuser Co. by 50.49%. His sale prices were between $74.55 and $81.92, with an estimated average price of $79.2. The impact to his portfolio due to this sale was 0.31%. HOTCHKIS & WILEY still held 1,974,047 shares as of 06/30/2007.
Weyerhaeuser Company engages in growing and harvesting timber, as well as in the manufacture, distribution, and sale of forest products primarily in the United States and Canada. Weyerhaeuser Co. has a market cap of $14.14 billion, its shares were traded at around $65 with with P/E ratio of 10.06 and P/S ratio of 0.66.
Reduced: Harrah's Entertainment Inc. (HET)
HOTCHKIS & WILEY reduced to his holdings in Gambling company Harrah's Entertainment Inc. by 41.94%. His sale prices were between $84.1 and $85.15, with an estimated average price of $84.8. The impact to his portfolio due to this sale was 0.28%. HOTCHKIS & WILEY still held 1,542,291 shares as of 06/30/2007.
Harrah's Entertainment, Inc., through its subsidiary, Harrah's Operating Company, Inc., operates casino entertainment facilities primarily in the United States. Harrah's Entertainment Inc. has a market cap of $15.46 billion, its shares were traded at around $82.57 with with P/E ratio of 24.14 and P/S ratio of 1.50.
Reduced: Agrium Inc. (AGU)
HOTCHKIS & WILEY reduced to his holdings in Specialty Chemicals company Agrium Inc. by 49.98%. His sale prices were between $37.04 and $45.79, with an estimated average price of $40.2. The impact to his portfolio due to this sale was 0.25%. HOTCHKIS & WILEY still held 2,823,500 shares as of 06/30/2007.
Agrium, Inc. produces and markets agricultural nutrients, industrial products, and specialty fertilizers worldwide, as well as involves in the retail supply of agricultural products and services in North and South Americas. Agrium Inc. has a market cap of $5.07 billion, its shares were traded at around $37.82 with with P/E ratio of 32.16 and P/S ratio of 1.07.
Reduced: Dow Jones & Co. Inc. (DJ)
HOTCHKIS & WILEY reduced to his holdings in Publishing company Dow Jones & Co. Inc. by 74.45%. His sale prices were between $33.89 and $60.92, with an estimated average price of $49.9. The impact to his portfolio due to this sale was 0.14%. HOTCHKIS & WILEY still held 1,415,600 shares as of 06/30/2007.
Dow Jones & Company, Inc. provides global business and financial news, information, and insight through newspapers, newswires, magazines, the Internet, indexes, television, and radio. Dow Jones & Co. Inc. has a market cap of $5.05 billion, its shares were traded at around $58.8 with with P/E ratio of 14.58 and P/S ratio of 2.60.
Reduced: Schering-Plough Corp. (SGP)
HOTCHKIS & WILEY reduced to his holdings in Pharmaceuticals company Schering-Plough Corp. by 78.88%. His sale prices were between $25.75 and $33.06, with an estimated average price of $30.8. The impact to his portfolio due to this sale was 0.08%. HOTCHKIS & WILEY still held 1,646,200 shares as of 06/30/2007.
Schering-Plough Corporation engages in the discovery, development, manufacture, and marketing of medical therapies and treatments worldwide. Its Prescription Pharmaceuticals segment offers NASONEX for nasal allergy symptoms and nasal polyps; etc. Schering-Plough Corp. has a market cap of $44.23 billion, its shares were traded at around $29.56 with with P/E ratio of 28.90 and P/S ratio of 3.85.
Reduced: Foundation Coal Holdings Inc. (FCL)
HOTCHKIS & WILEY reduced to his holdings in Coal company Foundation Coal Holdings Inc. by 23.66%. His sale prices were between $36.37 and $44.41, with an estimated average price of $40.9. The impact to his portfolio due to this sale was 0.08%. HOTCHKIS & WILEY still held 801,200 shares as of 06/30/2007.
Foundation Coal Holdings, Inc., through its subsidiaries, engages in the extraction, cleaning, and sale of coal from surface and deep mines to electric utilities, steel companies, coal brokers, and industrial users primarily in the United States. Foundation Coal Holdings Inc. has a market cap of $1.52 billion, its shares were traded at around $33.6 with with P/S ratio of 1.00.
Reduced: Lubrizol Corp. (LZ)
HOTCHKIS & WILEY reduced to his holdings in Specialty Chemicals company Lubrizol Corp. by 69.64%. His sale prices were between $51.45 and $66.6, with an estimated average price of $62. The impact to his portfolio due to this sale was 0.06%. HOTCHKIS & WILEY still held 582,300 shares as of 06/30/2007.
The Lubrizol Corporation, a specialty chemical company, engages in the production and supply of technologies that improve the performance of its customer's products in the transportation, industrial, and consumer markets worldwide. Lubrizol Corp. has a market cap of $4.06 billion, its shares were traded at around $58.75 with with P/E ratio of 18.45 and P/S ratio of 0.93.
Reduced: Spherion Corp. (SFN)
HOTCHKIS & WILEY reduced to his holdings in Business Support Services company Spherion Corp. by 30.69%. His sale prices were between $8.75 and $10.09, with an estimated average price of $9.5. The impact to his portfolio due to this sale was 0.05%. HOTCHKIS & WILEY still held 2,449,700 shares as of 06/30/2007.
Spherion Corporation provides temporary staffing services, managed services, and permanent placement services in North America. It operates in two segments, Staffing Services and Professional Services. Spherion Corp. has a market cap of $473.25 million, its shares were traded at around $8.42 with with P/E ratio of 8.85 and P/S ratio of 0.24.
Reduced: Petro-canada (PCZ)
HOTCHKIS & WILEY reduced to his holdings in Exploration & Production company Petro-canada by 91.32%. His sale prices were between $39.8 and $52.92, with an estimated average price of $47.8. The impact to his portfolio due to this sale was 0.02%. HOTCHKIS & WILEY still held 162,300 shares as of 06/30/2007.
Petro-Canada operates as an integrated oil and gas company in Canada. It engages in the exploration, development, production, and marketing of crude oil, natural gas liquids, and natural gas in Canada and internationally. Petro-Canada has a market cap of $23.92 billion, its shares were traded at around $48.93 with with P/E ratio of 10.47 and P/S ratio of 1.23.
Reduced: Unilever Plc (UL)
HOTCHKIS & WILEY reduced to his holdings in Food Products company Unilever Plc by 98.58%. His sale prices were between $29.66 and $32.13, with an estimated average price of $30.9. The impact to his portfolio due to this sale was 0.01%. HOTCHKIS & WILEY still held 115,179 shares as of 06/30/2007.
Unilever PLC, through its subsidiaries, manufactures and supplies fast moving consumer goods in food, and home and personal care product categories. It offers food items, including soups, bouillons, sauces, snacks, mayonnaise, salad dressings, etc. Unilever plc has a market cap of $21.74 billion, its shares were traded at around $30.12 with with P/E ratio of 3.38 and P/S ratio of 0.40.
Reduced: Spx Corp. (SPW)
HOTCHKIS & WILEY reduced to his holdings in Electrical Components & Equipment company Spx Corp. by 98.12%. His sale prices were between $69.51 and $88.84, with an estimated average price of $80.1. The impact to his portfolio due to this sale was 0.01%. HOTCHKIS & WILEY still held 70,700 shares as of 06/30/2007.
SPX Corporation offers flow technology, test and measurement, thermal equipment and services, and industrial products and services primarily in the United States, Germany, and the United Kingdom. SPX Corp. has a market cap of $4.44 billion, its shares were traded at around $81.52 with with P/E ratio of 36.30 and P/S ratio of 0.95.
Reduced: Dow Chemical Co. (DOW)
HOTCHKIS & WILEY reduced to his holdings in Commodity Chemicals company Dow Chemical Co. by 33.56%. His sale prices were between $44.06 and $45.56, with an estimated average price of $44.9. The impact to his portfolio due to this sale was 0.01%. HOTCHKIS & WILEY still held 88,900 shares as of 06/30/2007.
The Dow Chemical Company, through its subsidiaries, engages in the manufacture and sale of chemicals, plastic materials, agricultural, and other specialized products and services in United States and internationally. Dow Chemical Co. has a market cap of $39.09 billion, its shares were traded at around $41.15 with with P/E ratio of 11.42 and P/S ratio of 0.75.
Reduced: Edo Corp. (EDO)
HOTCHKIS & WILEY reduced to his holdings in Aerospace company Edo Corp. by 92.37%. His sale prices were between $25.72 and $34.4, with an estimated average price of $31.2. The impact to his portfolio due to this sale was less than 0.01%. HOTCHKIS & WILEY still held 45,312 shares as of 06/30/2007.
EDO Corporation engages in the design and manufacture of products for aerospace, defense, intelligence, and commercial markets. The company operates in two segments, Electronic Systems and Communications, and Engineered Systems and Services. EDO Corp. has a market cap of $819.44 million, its shares were traded at around $38.54 with with P/E ratio of 41.53 and P/S ratio of 0.85.
Reduced: Mcdonald's Corp. (MCD)
HOTCHKIS & WILEY reduced to his holdings in Restaurants & bars company Mcdonald's Corp. by 97.62%. His sale prices were between $45.78 and $52.33, with an estimated average price of $50. The impact to his portfolio due to this sale was less than 0.01%. HOTCHKIS & WILEY still held 26,300 shares as of 06/30/2007.
McDonald's Corporation operates as a foodservice retailer worldwide. It operates and franchises McDonald's restaurants, which offer various food items, and soft drinks and other beverages. McDonald's Corp. has a market cap of $56.69 billion, its shares were traded at around $47.57 with with P/E ratio of 27.45 and P/S ratio of 2.51.
Sold Out: Cf Industries Holdings Inc. (CF)
HOTCHKIS & WILEY sold out his holdings in Specialty Chemicals company Cf Industries Holdings Inc.. His sale prices were between $40.19 and $60.07, with an estimated average price of $46.6. The impact to his portfolio due to this sale was less than 0.01%.
CF Industries Holdings, Inc. engages in the manufacture and distribution of nitrogen and phosphate fertilizer products in North America. The company operates in two segments, Nitrogen Fertilizer and Phosphate Fertilizer. CF Industries Holdings Inc. has a market cap of $3.04 billion, its shares were traded at around $54.56 with with P/E ratio of 18.33 and P/S ratio of 1.37.
Sold Out: Tesoro Corp. (TSO)
HOTCHKIS & WILEY sold out his holdings in Exploration & Production company Tesoro Corp.. His sale prices were between $52.81 and $63.74, with an estimated average price of $58.8. The impact to his portfolio due to this sale was less than 0.01%.
Tesoro Corporation and its subsidiaries engage in refining and marketing petroleum products in the United States. It operates in two segments, Refining and Retail. Tesoro Corp. has a market cap of $6.42 billion, its shares were traded at around $46.95 with with P/E ratio of 6.59 and P/S ratio of 0.33.
Sold Out: Southern Union Co. (SUG)
HOTCHKIS & WILEY sold out his holdings in Gas Distribution company Southern Union Co.. His sale prices were between $30.46 and $34.43, with an estimated average price of $32.1. The impact to his portfolio due to this sale was less than 0.01%.
Southern Union Company, together with its subsidiaries, engages in the gathering, processing, transportation, storage, and distribution of natural gas in the United States. Southern Union Co. has a market cap of $3.47 billion, its shares were traded at around $28.89 with with P/E ratio of 53.60 and P/S ratio of 1.29.
Sold Out: Comstock Homebuilding Companie (CHCI)
HOTCHKIS & WILEY sold out his holdings in Home Construction company Comstock Homebuilding Companie. His sale prices were between $2.61 and $4.18, with an estimated average price of $3.3. The impact to his portfolio due to this sale was less than 0.01%.
Comstock Homebuilding Companies, Inc. operates as a real estate developer in the United States. It primarily develops and builds single-family homes, townhouses, mid-rise condominiums, high-rise multi-family buildings, and mixed-use developments. Comstock Homebuilding Companie has a market cap of $32.40 million, its shares were traded at around $1.96 with with P/S ratio of 0.09.
Sold Out: Mosaic Co. (MOS)
HOTCHKIS & WILEY sold out his holdings in Specialty Chemicals company Mosaic Co.. His sale prices were between $28.82 and $39.74, with an estimated average price of $33.1. The impact to his portfolio due to this sale was less than 0.01%.
The Mosaic Company engages in the production and marketing of crop nutrient and animal feed products worldwide. It operates in four segments: Phosphates, Potash, Offshore, and Nitrogen. Mosaic Co. has a market cap of $15.87 billion, its shares were traded at around $35.97 with with P/E ratio of 599.50 and P/S ratio of 2.69.
Sold Out: Lockheed Martin Corp. (LMT)
HOTCHKIS & WILEY sold out his holdings in Aerospace company Lockheed Martin Corp.. His sale prices were between $93.39 and $98.49, with an estimated average price of $96.2. The impact to his portfolio due to this sale was less than 0.01%.
Lockheed Martin Corporation researches, designs, develops, manufactures, integrates, operates, and sustains technology systems and products, as well as provides a range of management, engineering, technical, scientific, logistic, and information services. Lockheed Martin Corp. has a market cap of $39.64 billion, its shares were traded at around $96.22 with with P/E ratio of 14.72 and P/S ratio of 0.97.
Sold Out: Thomas Properties Group Inc. (TPGI)
HOTCHKIS & WILEY sold out his holdings in Real Estate Holding & Development company Thomas Properties Group Inc.. His sale prices were between $15.43 and $17.19, with an estimated average price of $16.5. The impact to his portfolio due to this sale was less than 0.01%.
Thomas Properties Group, Inc., together with its operating partnership, Thomas Properties Group, L.P., operates as a real estate operating company in the United States. Thomas Properties Group Inc. has a market cap of $329.61 million, its shares were traded at around $13.88 with with P/S ratio of 4.35.
Reduced: Flowserve Corp. (FLS)
HOTCHKIS & WILEY reduced to his holdings in Diversified Industrials company Flowserve Corp. by 41.63%. His sale prices were between $62.1 and $76.53, with an estimated average price of $72.27. The impact to his portfolio due to this sale was 0.77%. HOTCHKIS & WILEY still held 4,653,700 shares as of 06/30/2007.
Flowserve Corporation, together with its subsidiaries, engages in the development, manufacture, and sale of precision-engineered flow control equipments. Flowserve Corp. has a market cap of $3.75 billion, its shares were traded at around $65.75 with with P/E ratio of 23.32 and P/S ratio of 1.10.
