Richard Pzena has achieved more than 16% a year since 1996, beating S&P's 9.3% by wide margains. Now his own firm is going to public. Richard Pzena owns 136 stocks with a total value of $28.2 billion. These are the details of the buys and sells during the second quarter.
Richard Pzena buys Lehman Brothers Holdings Inc., Progressive Corp., L-3 Communications Holdings In, Tech Data Corp., Plantronics Inc., Pediatrix Medical Group Inc., Fbl Financial Group Inc., Indymac Bancorp Inc., Expressjet Holdings Inc., Global Payments Inc., Circuit City Stores Inc., Amr Corp., sells Covidien Ltd. Common Shares, Directed Electronics, Inc., Dr Horton Inc., Edison International, General Dynamics Corp., Motorola Inc., Tyco Electronics Ltd. Common S during the 3-months ended 06/30/2007, according to the most recent filings of his investment company, Pzena Investment Management LLC. Richard Pzena owns 136 stocks with a total value of $28.2 billion. These are the details of the buys and sells.
New Purchases: AMR, CC, FFG, GPN, IMB, LEH, LLL, PDX, PGR, PLT, TECD, XJT,
Added Positions: AMGN, BAC, BBBY, BDK, CCMP, CFC, CHFC, CNW, COF, CVS, GFF, HD, JNJ, KB, KEP, KFT, LOW, NOC, PHH, RGS, STC, TJX, UB, WB, ZZ,
Reduced Positions: AMD, AOC, AZO, BMY, BNE, CBS, CRL, FIS, FMC, ITC, JCI, JPM, MGA, MZ, PBR, PDGI, SLE, TG, UNP, UVV, XOM, PEC,
Sold Out: COV, DEIX, DHI, EIX, GD, MOT, TEL,
Added: Capital One Financial Corp. (COF, Financial)
Richard Pzena added to his holdings in Consumer Finance company Capital One Financial Corp. by 25720.6%. His purchase prices were between $72.75 and $80.72, with an estimated average price of $77.2. The impact to his portfolio due to this purchase was 1.83%. His holdings were 6,610,060 shares as of 06/30/2007.
Capital One Financial Corporation operates as the holding company for the Capital One Bank and Capital One, F.S.B, which offer various commercial banking services in the United States. Capital One Financial Corp. has a market cap of $27.87 billion, its shares were traded at around $66.72 with with P/E ratio of 10.14 and P/S ratio of 2.51.
Added: Northrop Grumman Corp. (NOC, Financial)
Richard Pzena added to his holdings in Aerospace company Northrop Grumman Corp. by 28623%. His purchase prices were between $73.46 and $77.58, with an estimated average price of $75.6. The impact to his portfolio due to this purchase was 1.53%. His holdings were 5,565,077 shares as of 06/30/2007.
Northrop Grumman Corporation provides products, services, and solutions in information and services, aerospace, electronics, and shipbuilding to the military, government, and commercial customers in the United States and internationally. Northrop Grumman Corp. has a market cap of $26.73 billion, its shares were traded at around $77.27 with with P/E ratio of 17.03 and P/S ratio of 0.87.
Added: Amgen Inc. (AMGN, Financial)
Richard Pzena added to his holdings in Biotechnology company Amgen Inc. by 118.23%. His purchase prices were between $54.04 and $63.74, with an estimated average price of $58.1. The impact to his portfolio due to this purchase was 1.02%. His holdings were 9,580,990 shares as of 06/30/2007.
Amgen Inc., a biotechnology company, engages in the discovery, development, manufacture, and marketing of human therapeutics based on advances in cellular and molecular biology. Amgen Inc. has a market cap of $54.11 billion, its shares were traded at around $49.79 with with P/E ratio of 14.29 and P/S ratio of 3.66.
Added: Countrywide Financial Corp. (CFC, Financial)
Richard Pzena added to his holdings in Mortgage Finance company Countrywide Financial Corp. by 351.06%. His purchase prices were between $33.34 and $41.03, with an estimated average price of $37.6. The impact to his portfolio due to this purchase was 0.79%. His holdings were 7,923,374 shares as of 06/30/2007.
Countrywide Financial Corporation, a holding company, engages in mortgage lending and other finance-related operations. The company operates in five segments: Mortgage Banking, Banking, Capital Markets, Insurance, and Global Operations. Countrywide Financial Corp. has a market cap of $11.41 billion, its shares were traded at around $19.81 with with P/E ratio of 5.52 and P/S ratio of 1.15.
Added: Johnson & Johnson (JNJ, Financial)
Richard Pzena added to his holdings in Pharmaceuticals company Johnson & Johnson by 48.97%. His purchase prices were between $60.73 and $64.7, with an estimated average price of $62.6. The impact to his portfolio due to this purchase was 0.72%. His holdings were 10,085,280 shares as of 06/30/2007. Johnson & Johnson has a market cap of $178.97 billion, its shares were traded at around $61.83 with with P/E ratio of 17.13 and P/S ratio of 3.14.
Added: Bank Of America Corp. (de) (BAC, Financial)
Richard Pzena added to his holdings in Banks company Bank Of America Corp. (de) by 53.03%. His purchase prices were between $48.95 and $50.78, with an estimated average price of $50.2. The impact to his portfolio due to this purchase was 0.69%. His holdings were 11,495,133 shares as of 06/30/2007. Bank of America Corp. (DE) has a market cap of $227.86 billion, its shares were traded at around $51.35 with with P/E ratio of 10.75 and P/S ratio of 3.35.
Added: Home Depot Inc. (HD, Financial)
Richard Pzena added to his holdings in Specialty Retailers company Home Depot Inc. by 32.39%. His purchase prices were between $37.68 and $39.52, with an estimated average price of $38.5. The impact to his portfolio due to this purchase was 0.63%. His holdings were 18,379,391 shares as of 06/30/2007. Home Depot Inc. has a market cap of $66.71 billion, its shares were traded at around $33.79 with with P/E ratio of 13.37 and P/S ratio of 0.73.
Added: Tjx Companies Inc. (TJX, Financial)
Richard Pzena added to his holdings in Apparel Retailers company Tjx Companies Inc. by 20.36%. His purchase prices were between $27.25 and $28.84, with an estimated average price of $28. The impact to his portfolio due to this purchase was 0.41%. His holdings were 24,945,830 shares as of 06/30/2007.
The TJX Companies, Inc. operates as an off-price retailer of apparel and home fashions in the United States and internationally. The company sells family apparel and home fashions through its T.J. TJX Companies Inc. has a market cap of $13.49 billion, its shares were traded at around $29.65 with with P/E ratio of 21.39 and P/S ratio of 0.76.
Added: Kraft Foods Inc. (KFT, Financial)
Richard Pzena added to his holdings in Food Products company Kraft Foods Inc. by 73.26%. His purchase prices were between $31.36 and $36, with an estimated average price of $33.6. The impact to his portfolio due to this purchase was 0.26%. His holdings were 4,875,475 shares as of 06/30/2007.
Kraft Foods, Inc., through its subsidiaries, engages in the manufacture and sale of packaged foods and beverages in the United States, Canada, Europe, Latin America, Asia Pacific, Africa, and the Middle East. Kraft Foods Inc. has a market cap of $49.98 billion, its shares were traded at around $31.7 with with P/E ratio of 18.96 and P/S ratio of 1.39.
Added: Black & Decker Corp. (BDK, Financial)
Richard Pzena added to his holdings in Durable Household Products company Black & Decker Corp. by 53.86%. His purchase prices were between $82.79 and $94.74, with an estimated average price of $89.8. The impact to his portfolio due to this purchase was 0.11%. His holdings were 985,350 shares as of 06/30/2007.
The Black & Decker Corporation manufactures and markets power tools and accessories, hardware and home improvement products, and technology-based fastening systems worldwide. Black & Decker Corp. has a market cap of $5.9 billion, its shares were traded at around $88.32 with with P/E ratio of 13.65 and P/S ratio of 0.90.
Added: Unionbancal Corp. (UB, Financial)
Richard Pzena added to his holdings in Banks company Unionbancal Corp. by 1296.19%. His purchase prices were between $59.81 and $62.9, with an estimated average price of $61.3. The impact to his portfolio due to this purchase was 0.1%. His holdings were 512,400 shares as of 06/30/2007.
UnionBanCal Corporation operates as the holding company for Union Bank of California, N.A., which provides financial services to consumers, small businesses, middle-market companies, and corporations in the United States and internationally. UnionBanCal Corp. has a market cap of $8.22 billion, its shares were traded at around $59.36 with with P/E ratio of 11.74 and P/S ratio of 3.14.
Added: Sealy Corporation (ZZ, Financial)
Richard Pzena added to his holdings in Furnishings company Sealy Corporation by 48.07%. His purchase prices were between $16.18 and $17.05, with an estimated average price of $16.6. The impact to his portfolio due to this purchase was 0.08%. His holdings were 4,294,914 shares as of 06/30/2007.
Sealy Corporation engages in the manufacture and marketing of a line of bedding products in the United States and internationally. It offers mattresses and mattress foundations. SEALY CORPORATION has a market cap of $1.42 billion, its shares were traded at around $15.54 with with P/E ratio of 16.34 and P/S ratio of 0.86.
Added: Regis Corp. (RGS, Financial)
Richard Pzena added to his holdings in Specialized Consumer Services company Regis Corp. by 56.25%. His purchase prices were between $38.37 and $41.28, with an estimated average price of $39.5. The impact to his portfolio due to this purchase was 0.06%. His holdings were 1,351,200 shares as of 06/30/2007.
Regis Corporation engages in the ownership, operation, and franchising of hair and retail product salons, and beauty career schools worldwide. It also provides hair restoration services. Regis Corp. has a market cap of $1.53 billion, its shares were traded at around $34.56 with with P/E ratio of 16.36 and P/S ratio of 0.60.
Added: Griffon Corp. (GFF)
Richard Pzena added to his holdings in Building Materials & Fixtures company Griffon Corp. by 205.72%. His purchase prices were between $21.71 and $24.72, with an estimated average price of $23.1. The impact to his portfolio due to this purchase was 0.05%. His holdings were 1,018,901 shares as of 06/30/2007.
Griffon Corporation, together with its subsidiaries, operates as a diversified manufacturing company. It operates in four segments: Garage Doors, Installation Services, Specialty Plastic Films, and Electronic Information and Communication Systems. Griffon Corp. has a market cap of $447.86 million, its shares were traded at around $14.99 with with P/E ratio of 14.75 and P/S ratio of 0.25.
Added: Chemical Financial Corp. (CHFC)
Richard Pzena added to his holdings in Banks company Chemical Financial Corp. by 139.98%. His purchase prices were between $26.2 and $30.01, with an estimated average price of $27.5. The impact to his portfolio due to this purchase was 0.04%. His holdings were 733,200 shares as of 06/30/2007.
Chemical Financial Corporation operates as the holding company for Chemical Bank that provides commercial banking products and services in the state of Michigan. Chemical Financial Corp. has a market cap of $663.89 million, its shares were traded at around $27.35 with with P/E ratio of 16.43 and P/S ratio of 4.14.
Added: Phh Corp. (PHH)
Richard Pzena added to his holdings in Transportation Services company Phh Corp. by 24.32%. 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 0.03%. His holdings were 1,199,300 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 $26.23 with .
Added: Stewart Information Services C (STC)
Richard Pzena added to his holdings in Property & Casualty Insurance company Stewart Information Services C by 33.09%. His purchase prices were between $39.38 and $42.78, with an estimated average price of $41. The impact to his portfolio due to this purchase was 0.02%. His holdings were 499,692 shares as of 06/30/2007.
Stewart Information Services Corporation, through its subsidiaries, provides real estate information and transaction management services in the United States, Canada, the United Kingdom, Mexico, and Australia. Stewart Information Services C has a market cap of $697.63 million, its shares were traded at around $38.59 with with P/E ratio of 23.37 and P/S ratio of 0.30.
Added: Cabot Microelectronics Corp. (CCMP)
Richard Pzena added to his holdings in Specialty Chemicals company Cabot Microelectronics Corp. by 30.9%. His purchase prices were between $32.26 and $36.35, with an estimated average price of $34.1. The impact to his portfolio due to this purchase was 0.02%. His holdings were 589,334 shares as of 06/30/2007. Cabot Microelectronics Corp. has a market cap of $1000 million, its shares were traded at around $42.15 with with P/E ratio of 31.55 and P/S ratio of 2.90.
Added: Con-way Inc (CNW)
Richard Pzena added to his holdings in Trucking company Con-way Inc by 205.19%. His purchase prices were between $50.35 and $56.67, with an estimated average price of $54.2. The impact to his portfolio due to this purchase was 0.02%. His holdings were 192,425 shares as of 06/30/2007.
Con-Way, Inc., together with its subsidiaries, provides transportation, logistics, and supply chain management services for a range of manufacturing, industrial, and retail customers. CON-WAY INC has a market cap of $2.14 billion, its shares were traded at around $47.54 with with P/E ratio of 10.48 and P/S ratio of 0.50.
Added: Bed Bath & Beyond Inc. (BBBY)
Richard Pzena added to his holdings in Specialty Retailers company Bed Bath & Beyond Inc. by 123.49%. His purchase prices were between $36.09 and $41.65, with an estimated average price of $39.8. The impact to his portfolio due to this purchase was 0.01%. His holdings were 43,525 shares as of 06/30/2007. Bed Bath & Beyond Inc. has a market cap of $9.19 billion, its shares were traded at around $33.85 with with P/E ratio of 16.02 and P/S ratio of 1.37.
Added: Korea Electric Power Corp. (KEP)
Richard Pzena added to his holdings in Electricity company Korea Electric Power Corp. by 39.64%. His purchase prices were between $20.67 and $22.37, with an estimated average price of $21.7. The impact to his portfolio due to this purchase was 0.01%. His holdings were 514,150 shares as of 06/30/2007.
Korea Electric Power Corporation engages in the generation, transmission, and distribution of electricity and development of electric power resources in the Republic of Korea. Korea Electric Power Corp. has a market cap of $28.12 billion, its shares were traded at around $21.96 with with P/E ratio of 12.20 and P/S ratio of 0.99.
Added: Kookmin Bank (KB)
Richard Pzena added to his holdings in Banks company Kookmin Bank by 69.04%. His purchase prices were between $89.31 and $96.11, with an estimated average price of $91.6. The impact to his portfolio due to this purchase was 0.01%. His holdings were 96,225 shares as of 06/30/2007.
Kookmin Bank, together with its subsidiaries, provides commercial banking services to individuals, and small and medium sized enterprises in South Korea. Kookmin Bank has a market cap of $26.58 billion, its shares were traded at around $79.02 with with P/E ratio of 10.20 and P/S ratio of 1.82.
Added: Wachovia Corp. (WB)
Richard Pzena added to his holdings in Banks company Wachovia Corp. by 111.65%. His purchase prices were between $51.7 and $56.08, with an estimated average price of $54.2. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 21,800 shares as of 06/30/2007.
Wachovia Corporation operates as a bank holding company. It engages in capital management, the general bank, wealth management, and the corporate and investment bank businesses. Wachovia Corp. has a market cap of $93.27 billion, its shares were traded at around $49.01 with with P/E ratio of 10.24 and P/S ratio of 2.95.
Added: Lowe's Companies Inc. (LOW)
Richard Pzena added to his holdings in Specialty Retailers company Lowe's Companies Inc. by 39.08%. His purchase prices were between $30.37 and $32.58, with an estimated average price of $31.4. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 54,450 shares as of 06/30/2007.
Lowe's Companies, Inc. and its subsidiaries operate as a home improvement retailer in the United States and Canada. The company offers a range of products and services for home decoration, maintenance, repair, remodeling, and property maintenance. Lowe's Companies Inc. has a market cap of $42.89 billion, its shares were traded at around $28.5 with with P/E ratio of 14.72 and P/S ratio of 0.86.
Added: Cvs Corp. (CVS)
Richard Pzena added to his holdings in Drug Retailers company Cvs Corp. by 33.44%. His purchase prices were between $34.61 and $39.02, with an estimated average price of $36.8. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 61,500 shares as of 06/30/2007. CVS Corp. has a market cap of $54.19 billion, its shares were traded at around $36.59 with with P/E ratio of 20.98 and P/S ratio of 0.95.
New Purchase: Lehman Brothers Holdings Inc. (LEH)
Richard Pzena initiated holdings in Investment Services company Lehman Brothers Holdings Inc.. His purchase prices were between $71.12 and $78.87, with an estimated average price of $74.9. The impact to his portfolio due to this purchase was 0.99%. His holdings were 3,675,780 shares as of 06/30/2007.
Lehman Brothers Holdings, Inc., through its subsidiaries, provides various financial services to corporations, governments and municipalities, institutions, and high-net-worth individuals worldwide. Lehman Brothers Holdings Inc. has a market cap of $30.29 billion, its shares were traded at around $57.07 with with P/E ratio of 7.65 and P/S ratio of 1.60.
New Purchase: Progressive Corp. (PGR)
Richard Pzena initiated holdings in Property & Casualty Insurance company Progressive Corp.. His purchase prices were between $21.96 and $23.8, with an estimated average price of $23.2. The impact to his portfolio due to this purchase was 0.92%. His holdings were 10,863,925 shares as of 06/30/2007.
The Progressive Corporation, through its subsidiaries, provides personal and commercial automobile insurance and other specialty property-casualty insurance products and related services in the United States. Progressive Corp. has a market cap of $16.05 billion, its shares were traded at around $22.16 with with P/E ratio of 11.49 and P/S ratio of 1.10.
New Purchase: L-3 Communications Holdings In (LLL)
Richard Pzena initiated holdings in Aerospace company L-3 Communications Holdings In. His purchase prices were between $89.45 and $98.29, with an estimated average price of $93.6. The impact to his portfolio due to this purchase was 0.36%. His holdings were 1,046,434 shares as of 06/30/2007. L-3 Communications Holdings In has a market cap of $12.23 billion, its shares were traded at around $97.07 with with P/E ratio of 17.79 and P/S ratio of 0.89.
New Purchase: Tech Data Corp. (TECD)
Richard Pzena initiated holdings in Business Support Services company Tech Data Corp.. His purchase prices were between $35.53 and $38.04, with an estimated average price of $36.6. The impact to his portfolio due to this purchase was 0.12%. His holdings were 847,378 shares as of 06/30/2007. Tech Data Corp. has a market cap of $1.94 billion, its shares were traded at around $35.23 with with P/S ratio of 0.09.
New Purchase: Plantronics Inc. (PLT)
Richard Pzena initiated holdings in Telecom Equipment company Plantronics Inc.. His purchase prices were between $23.36 and $25.52, with an estimated average price of $24.4. The impact to his portfolio due to this purchase was 0.09%. His holdings were 1,021,100 shares as of 06/30/2007.
Plantronics, Inc. engages in the design, manufacture, and marketing of lightweight communications headsets, telephone headset systems, and accessories for the business and consumer markets under the Plantronics brand worldwide. Plantronics Inc. has a market cap of $1.34 billion, its shares were traded at around $27.73 with with P/E ratio of 25.26 and P/S ratio of 1.66.
New Purchase: Pediatrix Medical Group Inc. (PDX)
Richard Pzena initiated holdings in Health Care Providers company Pediatrix Medical Group Inc.. His purchase prices were between $54.67 and $59.06, with an estimated average price of $56.7. The impact to his portfolio due to this purchase was 0.07%. His holdings were 334,025 shares as of 06/30/2007.
Pediatrix Medical Group, Inc., a health care services company, provides neonatal, maternal fetal, and other pediatric subspecialty physician services in the United States and Puerto Rico. Pediatrix Medical Group Inc. has a market cap of $2.9 billion, its shares were traded at around $59.18 with with P/E ratio of 22.76 and P/S ratio of 3.31.
New Purchase: Fbl Financial Group Inc. (FFG)
Richard Pzena initiated holdings in Full Line Insurance company Fbl Financial Group Inc.. His purchase prices were between $38.34 and $40.08, with an estimated average price of $39.3. The impact to his portfolio due to this purchase was 0.06%. His holdings were 400,325 shares as of 06/30/2007.
FBL Financial Group, Inc., through its subsidiaries, engages in underwriting, marketing, and distributing individual life insurance policies and annuity contracts in the United States. FBL Financial Group Inc. has a market cap of $1.12 billion, its shares were traded at around $37.52 with with P/E ratio of 11.03 and P/S ratio of 1.17.
New Purchase: Indymac Bancorp Inc. (IMB)
Richard Pzena initiated holdings in Banks company Indymac Bancorp Inc.. His purchase prices were between $27.8 and $34.09, with an estimated average price of $31. The impact to his portfolio due to this purchase was 0.04%. His holdings were 376,750 shares as of 06/30/2007.
IndyMac Bancorp, Inc. operates as the holding company for IndyMac Bank, F.S.B., a thrift/mortgage bank, which provides mortgage products and services in the United States. IndyMac Bancorp Inc. has a market cap of $1.53 billion, its shares were traded at around $20.74 with with P/E ratio of 5.99 and P/S ratio of 1.30.
New Purchase: Global Payments Inc. (GPN)
Richard Pzena initiated holdings in Business Support Services company Global Payments Inc.. His purchase prices were between $37.26 and $41.16, with an estimated average price of $39.4. The impact to his portfolio due to this purchase was 0.02%. His holdings were 128,600 shares as of 06/30/2007.
Global Payments, Inc. provides payment processing and consumer money transfer services worldwide. It operates in two segments, Merchant Services and Money Transfer. Global Payments Inc. has a market cap of $2.91 billion, its shares were traded at around $35.94 with with P/E ratio of 20.56 and P/S ratio of 2.75.
New Purchase: Expressjet Holdings Inc. (XJT)
Richard Pzena initiated holdings in Airlines company Expressjet Holdings Inc.. His purchase prices were between $5.64 and $6.31, with an estimated average price of $6. The impact to his portfolio due to this purchase was 0.02%. His holdings were 979,450 shares as of 06/30/2007.
ExpressJet Holdings, Inc., through its subsidiaries, operates as a regional airline under the name Continental Express. It offers scheduled passenger service to approximately 150 destinations in North America, Mexico, and the Caribbean. ExpressJet Holdings Inc. has a market cap of $232.57 million, its shares were traded at around $4.25 with with P/E ratio of 7.88 and P/S ratio of 0.14.
New Purchase: Circuit City Stores Inc. (CC)
Richard Pzena initiated holdings in Specialty Retailers company Circuit City Stores Inc.. His purchase prices were between $15.23 and $18.71, with an estimated average price of $16.8. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 12,500 shares as of 06/30/2007.
Circuit City Stores, Inc. operates as a specialty retailer of consumer electronics, home office products, entertainment software, and related services. Circuit City Stores Inc. has a market cap of $1.86 billion, its shares were traded at around $11.05 with with P/S ratio of 0.15.
New Purchase: Amr Corp. (AMR)
Richard Pzena initiated holdings in Airlines company Amr Corp.. His purchase prices were between $25.91 and $32.35, with an estimated average price of $27.7. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 51,055 shares as of 06/30/2007. AMR Corp. has a market cap of $5.51 billion, its shares were traded at around $22.21 with with P/E ratio of 13.95 and P/S ratio of 0.25.
Reduced: Magna International Inc. (MGA)
Richard Pzena reduced to his holdings in Auto Parts company Magna International Inc. by 21.02%. His sale prices were between $76.57 and $92.17, with an estimated average price of $84.7. The impact to his portfolio due to this sale was 1.86%. Richard Pzena still held 6,978,950 shares as of 06/30/2007. Magna International Inc. has a market cap of $9.54 billion, its shares were traded at around $86.3 with with P/E ratio of 15.86 and P/S ratio of 0.38.
Reduced: Bristol-myers Squibb Co. (BMY)
Richard Pzena reduced to his holdings in Pharmaceuticals company Bristol-myers Squibb Co. by 36.79%. His sale prices were between $27.58 and $31.35, with an estimated average price of $29.6. The impact to his portfolio due to this sale was 1.61%. Richard Pzena still held 19,626,504 shares as of 06/30/2007.
Bristol-Myers Squibb Company (BMS) engages in the discovery, development, licensing, manufacturing, marketing, distribution, and sale of pharmaceuticals, and related health care products worldwide. Bristol-Myers Squibb Co. has a market cap of $55.48 billion, its shares were traded at around $28.12 with with P/E ratio of 34.55 and P/S ratio of 3.07.
Reduced: Union Pacific Corp. (UNP)
Richard Pzena reduced to his holdings in Railroads company Union Pacific Corp. by 33.06%. His sale prices were between $102.89 and $122.03, with an estimated average price of $115.8. The impact to his portfolio due to this sale was 0.91%. Richard Pzena still held 2,974,998 shares as of 06/30/2007. Union Pacific Corp. has a market cap of $29.74 billion, its shares were traded at around $111.73 with with P/E ratio of 17.50 and P/S ratio of 1.78.
Reduced: Aon Corp. (AOC)
Richard Pzena reduced to his holdings in Full Line Insurance company Aon Corp. by 29.22%. His sale prices were between $38.2 and $43.49, with an estimated average price of $41.1. The impact to his portfolio due to this sale was 0.82%. Richard Pzena still held 7,048,512 shares as of 06/30/2007. Aon Corp. has a market cap of $12.67 billion, its shares were traded at around $43.28 with with P/E ratio of 18.07 and P/S ratio of 1.34.
Reduced: Sara Lee Corp. (SLE)
Richard Pzena reduced to his holdings in Food Products company Sara Lee Corp. by 43.29%. His sale prices were between $16.47 and $18.02, with an estimated average price of $17.2. The impact to his portfolio due to this sale was 0.48%. Richard Pzena still held 11,145,570 shares as of 06/30/2007.
Sara Lee Corporation provides food, beverage, household, and body care products to consumers primarily under Ball Park, Douwe Egberts, Hillshire Farm, Jimmy Dean, Kiwi, Sanex, and Sara Lee brand names worldwide. Sara Lee Corp. has a market cap of $12.02 billion, its shares were traded at around $16.36 with with P/E ratio of 24.13 and P/S ratio of 0.97.
Reduced: Jp Morgan Chase & Co. (JPM)
Richard Pzena reduced to his holdings in Banks company Jp Morgan Chase & Co. by 81.35%. His sale prices were between $48.34 and $52.22, with an estimated average price of $50.6. The impact to his portfolio due to this sale was 0.19%. Richard Pzena still held 2,028,130 shares as of 06/30/2007. JP Morgan Chase & Co. has a market cap of $157.32 billion, its shares were traded at around $46.49 with with P/E ratio of 9.82 and P/S ratio of 2.46.
Reduced: Autozone Inc. (AZO)
Richard Pzena reduced to his holdings in Specialty Retailers company Autozone Inc. by 83.13%. His sale prices were between $127.03 and $137.39, with an estimated average price of $133. The impact to his portfolio due to this sale was 0.15%. Richard Pzena still held 587,442 shares as of 06/30/2007. AutoZone Inc. has a market cap of $7.99 billion, its shares were traded at around $118.75 with with P/E ratio of 14.30 and P/S ratio of 1.30.
Reduced: Exxonmobil Corp. (XOM)
Richard Pzena reduced to his holdings in Integrated Oil & Gas company Exxonmobil Corp. by 28.03%. His sale prices were between $76.58 and $85.6, with an estimated average price of $81.3. The impact to his portfolio due to this sale was 0.12%. Richard Pzena still held 508,550 shares as of 06/30/2007. ExxonMobil Corp. has a market cap of $468.83 billion, its shares were traded at around $84.53 with with P/E ratio of 12.10 and P/S ratio of 1.27.
Reduced: Universal Corp. (UVV)
Richard Pzena reduced to his holdings in Tobacco company Universal Corp. by 27.37%. His sale prices were between $59.32 and $65.13, with an estimated average price of $62.9. The impact to his portfolio due to this sale was 0.07%. Richard Pzena still held 438,575 shares as of 06/30/2007.
Universal Corporation, together with its subsidiaries, engages in selecting, buying, processing, packing, storing, shipping, and financing leaf tobacco for sale to, or for the account of, manufacturers of consumer tobacco products worldwide. Universal Corp. has a market cap of $1.34 billion, its shares were traded at around $48.97 with with P/E ratio of 25.67 and P/S ratio of 0.67.
Reduced: Bowne & Co. Inc. (BNE)
Richard Pzena reduced to his holdings in Business Support Services company Bowne & Co. Inc. by 39.86%. His sale prices were between $15.8 and $19.66, with an estimated average price of $18.2. The impact to his portfolio due to this sale was 0.06%. Richard Pzena still held 1,280,400 shares as of 06/30/2007.
Bowne & Co., Inc. operates as a financial printer worldwide, and provides services that assist companies to produce and manage investor communications, and marketing and business communications. Bowne & Co. Inc. has a market cap of $449.57 million, its shares were traded at around $16 with with P/E ratio of 28.17 and P/S ratio of 0.53.
Reduced: Pharmanet Dev Grp (PDGI)
Richard Pzena reduced to his holdings in Health Care Providers company Pharmanet Dev Grp by 47.83%. His sale prices were between $26.17 and $32.95, with an estimated average price of $30.2. The impact to his portfolio due to this sale was 0.03%. Richard Pzena still held 377,199 shares as of 06/30/2007.
PharmaNet Development Group, Inc., a drug development services company, provides clinical drug development services to pharmaceutical, biotechnology, generic drug, and medical device companies worldwide. PHARMANET DEV GRP has a market cap of $575.76 million, its shares were traded at around $30.47 with with P/S ratio of 1.31.
Reduced: Fidelity National Information Services, Inc. Commo (FIS)
Richard Pzena reduced to his holdings in Financial Administration company Fidelity National Information Services, Inc. Commo by 96.85%. His sale prices were between $47.76 and $54.63, with an estimated average price of $51.3. The impact to his portfolio due to this sale was 0.02%. Richard Pzena still held 144,975 shares as of 06/30/2007.
Fidelity National Information Services, Inc., together with its subsidiaries, provides various processing services to financial institutions in the United States. Fidelity National Information Services, Inc. Commo has a market cap of $9.28 billion, its shares were traded at around $48.07 with with P/E ratio of 25.98 and P/S ratio of 2.06.
Reduced: Cbs Corp Cl B (CBS)
Richard Pzena reduced to his holdings in Media company Cbs Corp Cl B by 96.6%. His sale prices were between $30.82 and $33.48, with an estimated average price of $32.3. The impact to his portfolio due to this sale was 0.01%. Richard Pzena still held 91,837 shares as of 06/30/2007.
No business summary available for CBS. CBS CORP CL B has a market cap of $ million, its shares were traded at around $30.45 with .
Reduced: Milacron Inc. (MZ)
Richard Pzena reduced to his holdings in Industrial Machinery company Milacron Inc. by 90%. His sale prices were between $5.95 and $9.13, with an estimated average price of $7.4. The impact to his portfolio due to this sale was 0.01%. Richard Pzena still held 344,334 shares as of 06/30/2007. Milacron Inc. has a market cap of $33.54 million, its shares were traded at around $6.09 with with P/S ratio of 0.04.
Reduced: Johnson Controls Inc. (JCI)
Richard Pzena reduced to his holdings in Auto Parts company Johnson Controls Inc. by 98.88%. His sale prices were between $95.2 and $116.69, with an estimated average price of $107.4. The impact to his portfolio due to this sale was 0.01%. Richard Pzena still held 39,875 shares as of 06/30/2007.
Johnson Controls, Inc. is an interior experience, building efficiency, and power solutions company. It operates in three segments: Building Efficiency, Automotive Experience, and Power Solutions. Johnson Controls Inc. has a market cap of $22.35 billion, its shares were traded at around $112.98 with with P/E ratio of 19.60 and P/S ratio of 0.64.
Reduced: Charles River Laboratories Int (CRL)
Richard Pzena reduced to his holdings in Biotechnology company Charles River Laboratories Int by 89.19%. His sale prices were between $46.44 and $53.87, with an estimated average price of $50.4. The impact to his portfolio due to this sale was 0.01%. Richard Pzena still held 34,100 shares as of 06/30/2007. Charles River Laboratories Int has a market cap of $3.46 billion, its shares were traded at around $50.97 with with P/E ratio of 36.88 and P/S ratio of 3.15.
Reduced: Fmc Corp. (FMC)
Richard Pzena reduced to his holdings in Specialty Chemicals company Fmc Corp. by 62.94%. His sale prices were between $74.64 and $88.26, with an estimated average price of $82.1. The impact to his portfolio due to this sale was 0.01%. Richard Pzena still held 77,750 shares as of 06/30/2007.
FMC Corporation, a chemical company, provides solutions, applications, and products to various end markets worldwide. The company operates through three segments: Agricultural Products, Specialty Chemicals, and Industrial Chemicals. FMC Corp. has a market cap of $3.33 billion, its shares were traded at around $87.63 with with P/E ratio of 33.51 and P/S ratio of 1.33.
Reduced: Advanced Micro Devices Inc. (AMD)
Richard Pzena reduced to his holdings in Semiconductors company Advanced Micro Devices Inc. by 35%. His sale prices were between $12.86 and $15.59, with an estimated average price of $14.2. The impact to his portfolio due to this sale was less than 0.01%. Richard Pzena still held 65,000 shares as of 06/30/2007.
Advanced Micro Devices, Inc., a semiconductor company, provides processing solutions for the computing, graphics, and consumer electronics markets in the United States, Europe, and Asia. Advanced Micro Devices Inc. has a market cap of $6.69 billion, its shares were traded at around $12.1 with with P/S ratio of 1.15.
Reduced: Tredegar Corp. (TG)
Richard Pzena reduced to his holdings in Aluminum company Tredegar Corp. by 62.55%. His sale prices were between $21.49 and $24.07, with an estimated average price of $22.8. The impact to his portfolio due to this sale was less than 0.01%. Richard Pzena still held 14,475 shares as of 06/30/2007.
Tredegar Corporation, through its subsidiaries, manufactures plastic films and aluminum extrusions primarily for personal and household care products, and packaging and surface protection applications in the United States and Canada. Tredegar Corp. has a market cap of $687.77 million, its shares were traded at around $17.37 with with P/E ratio of 16.65 and P/S ratio of 0.62.
Reduced: Petroleo Brasileiro (PBR)
Richard Pzena reduced to his holdings in Exploration & Production company Petroleo Brasileiro by 98.04%. His sale prices were between $51.02 and $60.75, with an estimated average price of $54.6. The impact to his portfolio due to this sale was less than 0.01%. Richard Pzena still held 1,000 shares as of 06/30/2007.
Petroleo Brasileiro S.A.桺etrobras, together with its subsidiaries, engages in the exploration, exploitation, and production of oil from reservoir wells, shale, and other rocks in Brazil. Petroleo Brasileiro has a market cap of $117.84 billion, its shares were traded at around $53.72 with with P/E ratio of 15.43 and P/S ratio of 1.44.
Reduced: Itc Holdings Corp. (ITC)
Richard Pzena reduced to his holdings in Electricity company Itc Holdings Corp. by 83.3%. His sale prices were between $39.85 and $45.24, with an estimated average price of $42.7. The impact to his portfolio due to this sale was less than 0.01%. Richard Pzena still held 16,050 shares as of 06/30/2007. ITC Holdings Corp. has a market cap of $1.92 billion, its shares were traded at around $45.01 with with P/E ratio of 31.04 and P/S ratio of 5.61.
Sold Out: Tyco Electronics Ltd. Common S (TEL)
Richard Pzena sold out his holdings in Electrical Components & Equipment company Tyco Electronics Ltd. Common S. His sale prices were between $38.8 and $39.6, with an estimated average price of $39.1. The impact to his portfolio due to this sale was less than 0.01%.
Tyco Electronics, Ltd. and its subsidiaries provide engineered electronic components, network solutions, and wireless systems worldwide. The company operates in four segments: Electronic Components, Network Solutions, Wireless Systems, and Other. TYCO ELECTRONICS LTD. COMMON S has a market cap of $17.38 billion, its shares were traded at around $34.95 with with P/S ratio of 1.28.
Sold Out: Edison International (EIX)
Richard Pzena sold out his holdings in Electricity company Edison International. His sale prices were between $50.76 and $58.55, with an estimated average price of $54.5. The impact to his portfolio due to this sale was less than 0.01%.
Edison International, through its subsidiary, Southern California Edison Company, engages in the supply of electric energy in central, coastal, and southern California. Edison International has a market cap of $17.26 billion, its shares were traded at around $52.98 with with P/E ratio of 14.98 and P/S ratio of 1.35.
Sold Out: Dr Horton Inc. (DHI)
Richard Pzena sold out his holdings in Home Construction company Dr Horton Inc.. His sale prices were between $20.01 and $23.32, with an estimated average price of $21.9. The impact to his portfolio due to this sale was less than 0.01%.
D.R. Horton, Inc. operates as a homebuilding company in the United States. It constructs and sells single-family homes. The company has two segments, Homebuilding and Financial Services. DR Horton Inc. has a market cap of $5.21 billion, its shares were traded at around $16.55 with with P/S ratio of 0.40.
Sold Out: Directed Electronics, Inc. (DEIX)
Richard Pzena sold out his holdings in Electrical Components & Equipment company Directed Electronics, Inc.. His sale prices were between $8.63 and $10.22, with an estimated average price of $9.2. The impact to his portfolio due to this sale was less than 0.01%.
Directed Electronics, Inc. engages in designing and marketing of vehicle security and convenience, home audio, mobile audio and video, and satellite radio products. DIRECTED ELECTRONICS, INC. has a market cap of $146.50 million, its shares were traded at around $5.8 with with P/E ratio of 13.46 and P/S ratio of 0.32.
Sold Out: Covidien Ltd. Common Shares (COV)
Richard Pzena sold out his holdings in Medical Equipment company Covidien Ltd. Common Shares. His sale prices were between $42.77 and $46.5, with an estimated average price of $44.3. The impact to his portfolio due to this sale was less than 0.01%.
Covidien, Ltd., through its subsidiaries, engages in the development, manufacture, and distribution of medical devices and supplies, diagnostic imaging agents, pharmaceuticals, and other healthcare products for use in clinical and home settings. COVIDIEN LTD. COMMON SHARES has a market cap of $18.9 billion, its shares were traded at around $38.02 with with P/S ratio of 1.90.
Sold Out: Motorola Inc. (MOT)
Richard Pzena sold out his holdings in Telecom Equipment company Motorola Inc.. His sale prices were between $17.52 and $18.74, with an estimated average price of $18. The impact to his portfolio due to this sale was less than 0.01%.
Motorola, Inc. provides wireless and broadband communication products worldwide. It operates through three segments: Mobile Devices, Home and Networks Mobility, and Enterprise Mobility Solutions. Motorola Inc. has a market cap of $37.43 billion, its shares were traded at around $16.32 with with P/E ratio of 28.38 and P/S ratio of 0.92.
Sold Out: General Dynamics Corp. (GD)
Richard Pzena sold out his holdings in Aerospace company General Dynamics Corp.. His sale prices were between $76.44 and $80.96, with an estimated average price of $79.1. The impact to his portfolio due to this sale was less than 0.01%.
General Dynamics Corporation provides land and expeditionary combat vehicles and systems, armaments, and munitions; business aviation; shipbuilding and marine systems; and mission-critical information systems and technologies. General Dynamics Corp. has a market cap of $31.44 billion, its shares were traded at around $77.5 with with P/E ratio of 17.66 and P/S ratio of 1.23.
Reduced: Pike Electric Corp. (PEC)
Richard Pzena reduced to his holdings in Heavy Construction company Pike Electric Corp. by 12.61%. His sale prices were between $20.22 and $23.83, with an estimated average price of $19.85. The impact to his portfolio due to this sale was 0.02%. Richard Pzena still held 1,644,075 shares as of 06/30/2007. Pike Electric Corp. has a market cap of $627.79 million, its shares were traded at around $19.08 with with P/E ratio of 40.17 and P/S ratio of 1.06.
Richard Pzena buys Lehman Brothers Holdings Inc., Progressive Corp., L-3 Communications Holdings In, Tech Data Corp., Plantronics Inc., Pediatrix Medical Group Inc., Fbl Financial Group Inc., Indymac Bancorp Inc., Expressjet Holdings Inc., Global Payments Inc., Circuit City Stores Inc., Amr Corp., sells Covidien Ltd. Common Shares, Directed Electronics, Inc., Dr Horton Inc., Edison International, General Dynamics Corp., Motorola Inc., Tyco Electronics Ltd. Common S during the 3-months ended 06/30/2007, according to the most recent filings of his investment company, Pzena Investment Management LLC. Richard Pzena owns 136 stocks with a total value of $28.2 billion. These are the details of the buys and sells.
New Purchases: AMR, CC, FFG, GPN, IMB, LEH, LLL, PDX, PGR, PLT, TECD, XJT,
Added Positions: AMGN, BAC, BBBY, BDK, CCMP, CFC, CHFC, CNW, COF, CVS, GFF, HD, JNJ, KB, KEP, KFT, LOW, NOC, PHH, RGS, STC, TJX, UB, WB, ZZ,
Reduced Positions: AMD, AOC, AZO, BMY, BNE, CBS, CRL, FIS, FMC, ITC, JCI, JPM, MGA, MZ, PBR, PDGI, SLE, TG, UNP, UVV, XOM, PEC,
Sold Out: COV, DEIX, DHI, EIX, GD, MOT, TEL,
Added: Capital One Financial Corp. (COF, Financial)
Richard Pzena added to his holdings in Consumer Finance company Capital One Financial Corp. by 25720.6%. His purchase prices were between $72.75 and $80.72, with an estimated average price of $77.2. The impact to his portfolio due to this purchase was 1.83%. His holdings were 6,610,060 shares as of 06/30/2007.
Capital One Financial Corporation operates as the holding company for the Capital One Bank and Capital One, F.S.B, which offer various commercial banking services in the United States. Capital One Financial Corp. has a market cap of $27.87 billion, its shares were traded at around $66.72 with with P/E ratio of 10.14 and P/S ratio of 2.51.
Added: Northrop Grumman Corp. (NOC, Financial)
Richard Pzena added to his holdings in Aerospace company Northrop Grumman Corp. by 28623%. His purchase prices were between $73.46 and $77.58, with an estimated average price of $75.6. The impact to his portfolio due to this purchase was 1.53%. His holdings were 5,565,077 shares as of 06/30/2007.
Northrop Grumman Corporation provides products, services, and solutions in information and services, aerospace, electronics, and shipbuilding to the military, government, and commercial customers in the United States and internationally. Northrop Grumman Corp. has a market cap of $26.73 billion, its shares were traded at around $77.27 with with P/E ratio of 17.03 and P/S ratio of 0.87.
Added: Amgen Inc. (AMGN, Financial)
Richard Pzena added to his holdings in Biotechnology company Amgen Inc. by 118.23%. His purchase prices were between $54.04 and $63.74, with an estimated average price of $58.1. The impact to his portfolio due to this purchase was 1.02%. His holdings were 9,580,990 shares as of 06/30/2007.
Amgen Inc., a biotechnology company, engages in the discovery, development, manufacture, and marketing of human therapeutics based on advances in cellular and molecular biology. Amgen Inc. has a market cap of $54.11 billion, its shares were traded at around $49.79 with with P/E ratio of 14.29 and P/S ratio of 3.66.
Added: Countrywide Financial Corp. (CFC, Financial)
Richard Pzena added to his holdings in Mortgage Finance company Countrywide Financial Corp. by 351.06%. His purchase prices were between $33.34 and $41.03, with an estimated average price of $37.6. The impact to his portfolio due to this purchase was 0.79%. His holdings were 7,923,374 shares as of 06/30/2007.
Countrywide Financial Corporation, a holding company, engages in mortgage lending and other finance-related operations. The company operates in five segments: Mortgage Banking, Banking, Capital Markets, Insurance, and Global Operations. Countrywide Financial Corp. has a market cap of $11.41 billion, its shares were traded at around $19.81 with with P/E ratio of 5.52 and P/S ratio of 1.15.
Added: Johnson & Johnson (JNJ, Financial)
Richard Pzena added to his holdings in Pharmaceuticals company Johnson & Johnson by 48.97%. His purchase prices were between $60.73 and $64.7, with an estimated average price of $62.6. The impact to his portfolio due to this purchase was 0.72%. His holdings were 10,085,280 shares as of 06/30/2007. Johnson & Johnson has a market cap of $178.97 billion, its shares were traded at around $61.83 with with P/E ratio of 17.13 and P/S ratio of 3.14.
Added: Bank Of America Corp. (de) (BAC, Financial)
Richard Pzena added to his holdings in Banks company Bank Of America Corp. (de) by 53.03%. His purchase prices were between $48.95 and $50.78, with an estimated average price of $50.2. The impact to his portfolio due to this purchase was 0.69%. His holdings were 11,495,133 shares as of 06/30/2007. Bank of America Corp. (DE) has a market cap of $227.86 billion, its shares were traded at around $51.35 with with P/E ratio of 10.75 and P/S ratio of 3.35.
Added: Home Depot Inc. (HD, Financial)
Richard Pzena added to his holdings in Specialty Retailers company Home Depot Inc. by 32.39%. His purchase prices were between $37.68 and $39.52, with an estimated average price of $38.5. The impact to his portfolio due to this purchase was 0.63%. His holdings were 18,379,391 shares as of 06/30/2007. Home Depot Inc. has a market cap of $66.71 billion, its shares were traded at around $33.79 with with P/E ratio of 13.37 and P/S ratio of 0.73.
Added: Tjx Companies Inc. (TJX, Financial)
Richard Pzena added to his holdings in Apparel Retailers company Tjx Companies Inc. by 20.36%. His purchase prices were between $27.25 and $28.84, with an estimated average price of $28. The impact to his portfolio due to this purchase was 0.41%. His holdings were 24,945,830 shares as of 06/30/2007.
The TJX Companies, Inc. operates as an off-price retailer of apparel and home fashions in the United States and internationally. The company sells family apparel and home fashions through its T.J. TJX Companies Inc. has a market cap of $13.49 billion, its shares were traded at around $29.65 with with P/E ratio of 21.39 and P/S ratio of 0.76.
Added: Kraft Foods Inc. (KFT, Financial)
Richard Pzena added to his holdings in Food Products company Kraft Foods Inc. by 73.26%. His purchase prices were between $31.36 and $36, with an estimated average price of $33.6. The impact to his portfolio due to this purchase was 0.26%. His holdings were 4,875,475 shares as of 06/30/2007.
Kraft Foods, Inc., through its subsidiaries, engages in the manufacture and sale of packaged foods and beverages in the United States, Canada, Europe, Latin America, Asia Pacific, Africa, and the Middle East. Kraft Foods Inc. has a market cap of $49.98 billion, its shares were traded at around $31.7 with with P/E ratio of 18.96 and P/S ratio of 1.39.
Added: Black & Decker Corp. (BDK, Financial)
Richard Pzena added to his holdings in Durable Household Products company Black & Decker Corp. by 53.86%. His purchase prices were between $82.79 and $94.74, with an estimated average price of $89.8. The impact to his portfolio due to this purchase was 0.11%. His holdings were 985,350 shares as of 06/30/2007.
The Black & Decker Corporation manufactures and markets power tools and accessories, hardware and home improvement products, and technology-based fastening systems worldwide. Black & Decker Corp. has a market cap of $5.9 billion, its shares were traded at around $88.32 with with P/E ratio of 13.65 and P/S ratio of 0.90.
Added: Unionbancal Corp. (UB, Financial)
Richard Pzena added to his holdings in Banks company Unionbancal Corp. by 1296.19%. His purchase prices were between $59.81 and $62.9, with an estimated average price of $61.3. The impact to his portfolio due to this purchase was 0.1%. His holdings were 512,400 shares as of 06/30/2007.
UnionBanCal Corporation operates as the holding company for Union Bank of California, N.A., which provides financial services to consumers, small businesses, middle-market companies, and corporations in the United States and internationally. UnionBanCal Corp. has a market cap of $8.22 billion, its shares were traded at around $59.36 with with P/E ratio of 11.74 and P/S ratio of 3.14.
Added: Sealy Corporation (ZZ, Financial)
Richard Pzena added to his holdings in Furnishings company Sealy Corporation by 48.07%. His purchase prices were between $16.18 and $17.05, with an estimated average price of $16.6. The impact to his portfolio due to this purchase was 0.08%. His holdings were 4,294,914 shares as of 06/30/2007.
Sealy Corporation engages in the manufacture and marketing of a line of bedding products in the United States and internationally. It offers mattresses and mattress foundations. SEALY CORPORATION has a market cap of $1.42 billion, its shares were traded at around $15.54 with with P/E ratio of 16.34 and P/S ratio of 0.86.
Added: Regis Corp. (RGS, Financial)
Richard Pzena added to his holdings in Specialized Consumer Services company Regis Corp. by 56.25%. His purchase prices were between $38.37 and $41.28, with an estimated average price of $39.5. The impact to his portfolio due to this purchase was 0.06%. His holdings were 1,351,200 shares as of 06/30/2007.
Regis Corporation engages in the ownership, operation, and franchising of hair and retail product salons, and beauty career schools worldwide. It also provides hair restoration services. Regis Corp. has a market cap of $1.53 billion, its shares were traded at around $34.56 with with P/E ratio of 16.36 and P/S ratio of 0.60.
Added: Griffon Corp. (GFF)
Richard Pzena added to his holdings in Building Materials & Fixtures company Griffon Corp. by 205.72%. His purchase prices were between $21.71 and $24.72, with an estimated average price of $23.1. The impact to his portfolio due to this purchase was 0.05%. His holdings were 1,018,901 shares as of 06/30/2007.
Griffon Corporation, together with its subsidiaries, operates as a diversified manufacturing company. It operates in four segments: Garage Doors, Installation Services, Specialty Plastic Films, and Electronic Information and Communication Systems. Griffon Corp. has a market cap of $447.86 million, its shares were traded at around $14.99 with with P/E ratio of 14.75 and P/S ratio of 0.25.
Added: Chemical Financial Corp. (CHFC)
Richard Pzena added to his holdings in Banks company Chemical Financial Corp. by 139.98%. His purchase prices were between $26.2 and $30.01, with an estimated average price of $27.5. The impact to his portfolio due to this purchase was 0.04%. His holdings were 733,200 shares as of 06/30/2007.
Chemical Financial Corporation operates as the holding company for Chemical Bank that provides commercial banking products and services in the state of Michigan. Chemical Financial Corp. has a market cap of $663.89 million, its shares were traded at around $27.35 with with P/E ratio of 16.43 and P/S ratio of 4.14.
Added: Phh Corp. (PHH)
Richard Pzena added to his holdings in Transportation Services company Phh Corp. by 24.32%. 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 0.03%. His holdings were 1,199,300 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 $26.23 with .
Added: Stewart Information Services C (STC)
Richard Pzena added to his holdings in Property & Casualty Insurance company Stewart Information Services C by 33.09%. His purchase prices were between $39.38 and $42.78, with an estimated average price of $41. The impact to his portfolio due to this purchase was 0.02%. His holdings were 499,692 shares as of 06/30/2007.
Stewart Information Services Corporation, through its subsidiaries, provides real estate information and transaction management services in the United States, Canada, the United Kingdom, Mexico, and Australia. Stewart Information Services C has a market cap of $697.63 million, its shares were traded at around $38.59 with with P/E ratio of 23.37 and P/S ratio of 0.30.
Added: Cabot Microelectronics Corp. (CCMP)
Richard Pzena added to his holdings in Specialty Chemicals company Cabot Microelectronics Corp. by 30.9%. His purchase prices were between $32.26 and $36.35, with an estimated average price of $34.1. The impact to his portfolio due to this purchase was 0.02%. His holdings were 589,334 shares as of 06/30/2007. Cabot Microelectronics Corp. has a market cap of $1000 million, its shares were traded at around $42.15 with with P/E ratio of 31.55 and P/S ratio of 2.90.
Added: Con-way Inc (CNW)
Richard Pzena added to his holdings in Trucking company Con-way Inc by 205.19%. His purchase prices were between $50.35 and $56.67, with an estimated average price of $54.2. The impact to his portfolio due to this purchase was 0.02%. His holdings were 192,425 shares as of 06/30/2007.
Con-Way, Inc., together with its subsidiaries, provides transportation, logistics, and supply chain management services for a range of manufacturing, industrial, and retail customers. CON-WAY INC has a market cap of $2.14 billion, its shares were traded at around $47.54 with with P/E ratio of 10.48 and P/S ratio of 0.50.
Added: Bed Bath & Beyond Inc. (BBBY)
Richard Pzena added to his holdings in Specialty Retailers company Bed Bath & Beyond Inc. by 123.49%. His purchase prices were between $36.09 and $41.65, with an estimated average price of $39.8. The impact to his portfolio due to this purchase was 0.01%. His holdings were 43,525 shares as of 06/30/2007. Bed Bath & Beyond Inc. has a market cap of $9.19 billion, its shares were traded at around $33.85 with with P/E ratio of 16.02 and P/S ratio of 1.37.
Added: Korea Electric Power Corp. (KEP)
Richard Pzena added to his holdings in Electricity company Korea Electric Power Corp. by 39.64%. His purchase prices were between $20.67 and $22.37, with an estimated average price of $21.7. The impact to his portfolio due to this purchase was 0.01%. His holdings were 514,150 shares as of 06/30/2007.
Korea Electric Power Corporation engages in the generation, transmission, and distribution of electricity and development of electric power resources in the Republic of Korea. Korea Electric Power Corp. has a market cap of $28.12 billion, its shares were traded at around $21.96 with with P/E ratio of 12.20 and P/S ratio of 0.99.
Added: Kookmin Bank (KB)
Richard Pzena added to his holdings in Banks company Kookmin Bank by 69.04%. His purchase prices were between $89.31 and $96.11, with an estimated average price of $91.6. The impact to his portfolio due to this purchase was 0.01%. His holdings were 96,225 shares as of 06/30/2007.
Kookmin Bank, together with its subsidiaries, provides commercial banking services to individuals, and small and medium sized enterprises in South Korea. Kookmin Bank has a market cap of $26.58 billion, its shares were traded at around $79.02 with with P/E ratio of 10.20 and P/S ratio of 1.82.
Added: Wachovia Corp. (WB)
Richard Pzena added to his holdings in Banks company Wachovia Corp. by 111.65%. His purchase prices were between $51.7 and $56.08, with an estimated average price of $54.2. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 21,800 shares as of 06/30/2007.
Wachovia Corporation operates as a bank holding company. It engages in capital management, the general bank, wealth management, and the corporate and investment bank businesses. Wachovia Corp. has a market cap of $93.27 billion, its shares were traded at around $49.01 with with P/E ratio of 10.24 and P/S ratio of 2.95.
Added: Lowe's Companies Inc. (LOW)
Richard Pzena added to his holdings in Specialty Retailers company Lowe's Companies Inc. by 39.08%. His purchase prices were between $30.37 and $32.58, with an estimated average price of $31.4. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 54,450 shares as of 06/30/2007.
Lowe's Companies, Inc. and its subsidiaries operate as a home improvement retailer in the United States and Canada. The company offers a range of products and services for home decoration, maintenance, repair, remodeling, and property maintenance. Lowe's Companies Inc. has a market cap of $42.89 billion, its shares were traded at around $28.5 with with P/E ratio of 14.72 and P/S ratio of 0.86.
Added: Cvs Corp. (CVS)
Richard Pzena added to his holdings in Drug Retailers company Cvs Corp. by 33.44%. His purchase prices were between $34.61 and $39.02, with an estimated average price of $36.8. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 61,500 shares as of 06/30/2007. CVS Corp. has a market cap of $54.19 billion, its shares were traded at around $36.59 with with P/E ratio of 20.98 and P/S ratio of 0.95.
New Purchase: Lehman Brothers Holdings Inc. (LEH)
Richard Pzena initiated holdings in Investment Services company Lehman Brothers Holdings Inc.. His purchase prices were between $71.12 and $78.87, with an estimated average price of $74.9. The impact to his portfolio due to this purchase was 0.99%. His holdings were 3,675,780 shares as of 06/30/2007.
Lehman Brothers Holdings, Inc., through its subsidiaries, provides various financial services to corporations, governments and municipalities, institutions, and high-net-worth individuals worldwide. Lehman Brothers Holdings Inc. has a market cap of $30.29 billion, its shares were traded at around $57.07 with with P/E ratio of 7.65 and P/S ratio of 1.60.
New Purchase: Progressive Corp. (PGR)
Richard Pzena initiated holdings in Property & Casualty Insurance company Progressive Corp.. His purchase prices were between $21.96 and $23.8, with an estimated average price of $23.2. The impact to his portfolio due to this purchase was 0.92%. His holdings were 10,863,925 shares as of 06/30/2007.
The Progressive Corporation, through its subsidiaries, provides personal and commercial automobile insurance and other specialty property-casualty insurance products and related services in the United States. Progressive Corp. has a market cap of $16.05 billion, its shares were traded at around $22.16 with with P/E ratio of 11.49 and P/S ratio of 1.10.
New Purchase: L-3 Communications Holdings In (LLL)
Richard Pzena initiated holdings in Aerospace company L-3 Communications Holdings In. His purchase prices were between $89.45 and $98.29, with an estimated average price of $93.6. The impact to his portfolio due to this purchase was 0.36%. His holdings were 1,046,434 shares as of 06/30/2007. L-3 Communications Holdings In has a market cap of $12.23 billion, its shares were traded at around $97.07 with with P/E ratio of 17.79 and P/S ratio of 0.89.
New Purchase: Tech Data Corp. (TECD)
Richard Pzena initiated holdings in Business Support Services company Tech Data Corp.. His purchase prices were between $35.53 and $38.04, with an estimated average price of $36.6. The impact to his portfolio due to this purchase was 0.12%. His holdings were 847,378 shares as of 06/30/2007. Tech Data Corp. has a market cap of $1.94 billion, its shares were traded at around $35.23 with with P/S ratio of 0.09.
New Purchase: Plantronics Inc. (PLT)
Richard Pzena initiated holdings in Telecom Equipment company Plantronics Inc.. His purchase prices were between $23.36 and $25.52, with an estimated average price of $24.4. The impact to his portfolio due to this purchase was 0.09%. His holdings were 1,021,100 shares as of 06/30/2007.
Plantronics, Inc. engages in the design, manufacture, and marketing of lightweight communications headsets, telephone headset systems, and accessories for the business and consumer markets under the Plantronics brand worldwide. Plantronics Inc. has a market cap of $1.34 billion, its shares were traded at around $27.73 with with P/E ratio of 25.26 and P/S ratio of 1.66.
New Purchase: Pediatrix Medical Group Inc. (PDX)
Richard Pzena initiated holdings in Health Care Providers company Pediatrix Medical Group Inc.. His purchase prices were between $54.67 and $59.06, with an estimated average price of $56.7. The impact to his portfolio due to this purchase was 0.07%. His holdings were 334,025 shares as of 06/30/2007.
Pediatrix Medical Group, Inc., a health care services company, provides neonatal, maternal fetal, and other pediatric subspecialty physician services in the United States and Puerto Rico. Pediatrix Medical Group Inc. has a market cap of $2.9 billion, its shares were traded at around $59.18 with with P/E ratio of 22.76 and P/S ratio of 3.31.
New Purchase: Fbl Financial Group Inc. (FFG)
Richard Pzena initiated holdings in Full Line Insurance company Fbl Financial Group Inc.. His purchase prices were between $38.34 and $40.08, with an estimated average price of $39.3. The impact to his portfolio due to this purchase was 0.06%. His holdings were 400,325 shares as of 06/30/2007.
FBL Financial Group, Inc., through its subsidiaries, engages in underwriting, marketing, and distributing individual life insurance policies and annuity contracts in the United States. FBL Financial Group Inc. has a market cap of $1.12 billion, its shares were traded at around $37.52 with with P/E ratio of 11.03 and P/S ratio of 1.17.
New Purchase: Indymac Bancorp Inc. (IMB)
Richard Pzena initiated holdings in Banks company Indymac Bancorp Inc.. His purchase prices were between $27.8 and $34.09, with an estimated average price of $31. The impact to his portfolio due to this purchase was 0.04%. His holdings were 376,750 shares as of 06/30/2007.
IndyMac Bancorp, Inc. operates as the holding company for IndyMac Bank, F.S.B., a thrift/mortgage bank, which provides mortgage products and services in the United States. IndyMac Bancorp Inc. has a market cap of $1.53 billion, its shares were traded at around $20.74 with with P/E ratio of 5.99 and P/S ratio of 1.30.
New Purchase: Global Payments Inc. (GPN)
Richard Pzena initiated holdings in Business Support Services company Global Payments Inc.. His purchase prices were between $37.26 and $41.16, with an estimated average price of $39.4. The impact to his portfolio due to this purchase was 0.02%. His holdings were 128,600 shares as of 06/30/2007.
Global Payments, Inc. provides payment processing and consumer money transfer services worldwide. It operates in two segments, Merchant Services and Money Transfer. Global Payments Inc. has a market cap of $2.91 billion, its shares were traded at around $35.94 with with P/E ratio of 20.56 and P/S ratio of 2.75.
New Purchase: Expressjet Holdings Inc. (XJT)
Richard Pzena initiated holdings in Airlines company Expressjet Holdings Inc.. His purchase prices were between $5.64 and $6.31, with an estimated average price of $6. The impact to his portfolio due to this purchase was 0.02%. His holdings were 979,450 shares as of 06/30/2007.
ExpressJet Holdings, Inc., through its subsidiaries, operates as a regional airline under the name Continental Express. It offers scheduled passenger service to approximately 150 destinations in North America, Mexico, and the Caribbean. ExpressJet Holdings Inc. has a market cap of $232.57 million, its shares were traded at around $4.25 with with P/E ratio of 7.88 and P/S ratio of 0.14.
New Purchase: Circuit City Stores Inc. (CC)
Richard Pzena initiated holdings in Specialty Retailers company Circuit City Stores Inc.. His purchase prices were between $15.23 and $18.71, with an estimated average price of $16.8. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 12,500 shares as of 06/30/2007.
Circuit City Stores, Inc. operates as a specialty retailer of consumer electronics, home office products, entertainment software, and related services. Circuit City Stores Inc. has a market cap of $1.86 billion, its shares were traded at around $11.05 with with P/S ratio of 0.15.
New Purchase: Amr Corp. (AMR)
Richard Pzena initiated holdings in Airlines company Amr Corp.. His purchase prices were between $25.91 and $32.35, with an estimated average price of $27.7. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 51,055 shares as of 06/30/2007. AMR Corp. has a market cap of $5.51 billion, its shares were traded at around $22.21 with with P/E ratio of 13.95 and P/S ratio of 0.25.
Reduced: Magna International Inc. (MGA)
Richard Pzena reduced to his holdings in Auto Parts company Magna International Inc. by 21.02%. His sale prices were between $76.57 and $92.17, with an estimated average price of $84.7. The impact to his portfolio due to this sale was 1.86%. Richard Pzena still held 6,978,950 shares as of 06/30/2007. Magna International Inc. has a market cap of $9.54 billion, its shares were traded at around $86.3 with with P/E ratio of 15.86 and P/S ratio of 0.38.
Reduced: Bristol-myers Squibb Co. (BMY)
Richard Pzena reduced to his holdings in Pharmaceuticals company Bristol-myers Squibb Co. by 36.79%. His sale prices were between $27.58 and $31.35, with an estimated average price of $29.6. The impact to his portfolio due to this sale was 1.61%. Richard Pzena still held 19,626,504 shares as of 06/30/2007.
Bristol-Myers Squibb Company (BMS) engages in the discovery, development, licensing, manufacturing, marketing, distribution, and sale of pharmaceuticals, and related health care products worldwide. Bristol-Myers Squibb Co. has a market cap of $55.48 billion, its shares were traded at around $28.12 with with P/E ratio of 34.55 and P/S ratio of 3.07.
Reduced: Union Pacific Corp. (UNP)
Richard Pzena reduced to his holdings in Railroads company Union Pacific Corp. by 33.06%. His sale prices were between $102.89 and $122.03, with an estimated average price of $115.8. The impact to his portfolio due to this sale was 0.91%. Richard Pzena still held 2,974,998 shares as of 06/30/2007. Union Pacific Corp. has a market cap of $29.74 billion, its shares were traded at around $111.73 with with P/E ratio of 17.50 and P/S ratio of 1.78.
Reduced: Aon Corp. (AOC)
Richard Pzena reduced to his holdings in Full Line Insurance company Aon Corp. by 29.22%. His sale prices were between $38.2 and $43.49, with an estimated average price of $41.1. The impact to his portfolio due to this sale was 0.82%. Richard Pzena still held 7,048,512 shares as of 06/30/2007. Aon Corp. has a market cap of $12.67 billion, its shares were traded at around $43.28 with with P/E ratio of 18.07 and P/S ratio of 1.34.
Reduced: Sara Lee Corp. (SLE)
Richard Pzena reduced to his holdings in Food Products company Sara Lee Corp. by 43.29%. His sale prices were between $16.47 and $18.02, with an estimated average price of $17.2. The impact to his portfolio due to this sale was 0.48%. Richard Pzena still held 11,145,570 shares as of 06/30/2007.
Sara Lee Corporation provides food, beverage, household, and body care products to consumers primarily under Ball Park, Douwe Egberts, Hillshire Farm, Jimmy Dean, Kiwi, Sanex, and Sara Lee brand names worldwide. Sara Lee Corp. has a market cap of $12.02 billion, its shares were traded at around $16.36 with with P/E ratio of 24.13 and P/S ratio of 0.97.
Reduced: Jp Morgan Chase & Co. (JPM)
Richard Pzena reduced to his holdings in Banks company Jp Morgan Chase & Co. by 81.35%. His sale prices were between $48.34 and $52.22, with an estimated average price of $50.6. The impact to his portfolio due to this sale was 0.19%. Richard Pzena still held 2,028,130 shares as of 06/30/2007. JP Morgan Chase & Co. has a market cap of $157.32 billion, its shares were traded at around $46.49 with with P/E ratio of 9.82 and P/S ratio of 2.46.
Reduced: Autozone Inc. (AZO)
Richard Pzena reduced to his holdings in Specialty Retailers company Autozone Inc. by 83.13%. His sale prices were between $127.03 and $137.39, with an estimated average price of $133. The impact to his portfolio due to this sale was 0.15%. Richard Pzena still held 587,442 shares as of 06/30/2007. AutoZone Inc. has a market cap of $7.99 billion, its shares were traded at around $118.75 with with P/E ratio of 14.30 and P/S ratio of 1.30.
Reduced: Exxonmobil Corp. (XOM)
Richard Pzena reduced to his holdings in Integrated Oil & Gas company Exxonmobil Corp. by 28.03%. His sale prices were between $76.58 and $85.6, with an estimated average price of $81.3. The impact to his portfolio due to this sale was 0.12%. Richard Pzena still held 508,550 shares as of 06/30/2007. ExxonMobil Corp. has a market cap of $468.83 billion, its shares were traded at around $84.53 with with P/E ratio of 12.10 and P/S ratio of 1.27.
Reduced: Universal Corp. (UVV)
Richard Pzena reduced to his holdings in Tobacco company Universal Corp. by 27.37%. His sale prices were between $59.32 and $65.13, with an estimated average price of $62.9. The impact to his portfolio due to this sale was 0.07%. Richard Pzena still held 438,575 shares as of 06/30/2007.
Universal Corporation, together with its subsidiaries, engages in selecting, buying, processing, packing, storing, shipping, and financing leaf tobacco for sale to, or for the account of, manufacturers of consumer tobacco products worldwide. Universal Corp. has a market cap of $1.34 billion, its shares were traded at around $48.97 with with P/E ratio of 25.67 and P/S ratio of 0.67.
Reduced: Bowne & Co. Inc. (BNE)
Richard Pzena reduced to his holdings in Business Support Services company Bowne & Co. Inc. by 39.86%. His sale prices were between $15.8 and $19.66, with an estimated average price of $18.2. The impact to his portfolio due to this sale was 0.06%. Richard Pzena still held 1,280,400 shares as of 06/30/2007.
Bowne & Co., Inc. operates as a financial printer worldwide, and provides services that assist companies to produce and manage investor communications, and marketing and business communications. Bowne & Co. Inc. has a market cap of $449.57 million, its shares were traded at around $16 with with P/E ratio of 28.17 and P/S ratio of 0.53.
Reduced: Pharmanet Dev Grp (PDGI)
Richard Pzena reduced to his holdings in Health Care Providers company Pharmanet Dev Grp by 47.83%. His sale prices were between $26.17 and $32.95, with an estimated average price of $30.2. The impact to his portfolio due to this sale was 0.03%. Richard Pzena still held 377,199 shares as of 06/30/2007.
PharmaNet Development Group, Inc., a drug development services company, provides clinical drug development services to pharmaceutical, biotechnology, generic drug, and medical device companies worldwide. PHARMANET DEV GRP has a market cap of $575.76 million, its shares were traded at around $30.47 with with P/S ratio of 1.31.
Reduced: Fidelity National Information Services, Inc. Commo (FIS)
Richard Pzena reduced to his holdings in Financial Administration company Fidelity National Information Services, Inc. Commo by 96.85%. His sale prices were between $47.76 and $54.63, with an estimated average price of $51.3. The impact to his portfolio due to this sale was 0.02%. Richard Pzena still held 144,975 shares as of 06/30/2007.
Fidelity National Information Services, Inc., together with its subsidiaries, provides various processing services to financial institutions in the United States. Fidelity National Information Services, Inc. Commo has a market cap of $9.28 billion, its shares were traded at around $48.07 with with P/E ratio of 25.98 and P/S ratio of 2.06.
Reduced: Cbs Corp Cl B (CBS)
Richard Pzena reduced to his holdings in Media company Cbs Corp Cl B by 96.6%. His sale prices were between $30.82 and $33.48, with an estimated average price of $32.3. The impact to his portfolio due to this sale was 0.01%. Richard Pzena still held 91,837 shares as of 06/30/2007.
No business summary available for CBS. CBS CORP CL B has a market cap of $ million, its shares were traded at around $30.45 with .
Reduced: Milacron Inc. (MZ)
Richard Pzena reduced to his holdings in Industrial Machinery company Milacron Inc. by 90%. His sale prices were between $5.95 and $9.13, with an estimated average price of $7.4. The impact to his portfolio due to this sale was 0.01%. Richard Pzena still held 344,334 shares as of 06/30/2007. Milacron Inc. has a market cap of $33.54 million, its shares were traded at around $6.09 with with P/S ratio of 0.04.
Reduced: Johnson Controls Inc. (JCI)
Richard Pzena reduced to his holdings in Auto Parts company Johnson Controls Inc. by 98.88%. His sale prices were between $95.2 and $116.69, with an estimated average price of $107.4. The impact to his portfolio due to this sale was 0.01%. Richard Pzena still held 39,875 shares as of 06/30/2007.
Johnson Controls, Inc. is an interior experience, building efficiency, and power solutions company. It operates in three segments: Building Efficiency, Automotive Experience, and Power Solutions. Johnson Controls Inc. has a market cap of $22.35 billion, its shares were traded at around $112.98 with with P/E ratio of 19.60 and P/S ratio of 0.64.
Reduced: Charles River Laboratories Int (CRL)
Richard Pzena reduced to his holdings in Biotechnology company Charles River Laboratories Int by 89.19%. His sale prices were between $46.44 and $53.87, with an estimated average price of $50.4. The impact to his portfolio due to this sale was 0.01%. Richard Pzena still held 34,100 shares as of 06/30/2007. Charles River Laboratories Int has a market cap of $3.46 billion, its shares were traded at around $50.97 with with P/E ratio of 36.88 and P/S ratio of 3.15.
Reduced: Fmc Corp. (FMC)
Richard Pzena reduced to his holdings in Specialty Chemicals company Fmc Corp. by 62.94%. His sale prices were between $74.64 and $88.26, with an estimated average price of $82.1. The impact to his portfolio due to this sale was 0.01%. Richard Pzena still held 77,750 shares as of 06/30/2007.
FMC Corporation, a chemical company, provides solutions, applications, and products to various end markets worldwide. The company operates through three segments: Agricultural Products, Specialty Chemicals, and Industrial Chemicals. FMC Corp. has a market cap of $3.33 billion, its shares were traded at around $87.63 with with P/E ratio of 33.51 and P/S ratio of 1.33.
Reduced: Advanced Micro Devices Inc. (AMD)
Richard Pzena reduced to his holdings in Semiconductors company Advanced Micro Devices Inc. by 35%. His sale prices were between $12.86 and $15.59, with an estimated average price of $14.2. The impact to his portfolio due to this sale was less than 0.01%. Richard Pzena still held 65,000 shares as of 06/30/2007.
Advanced Micro Devices, Inc., a semiconductor company, provides processing solutions for the computing, graphics, and consumer electronics markets in the United States, Europe, and Asia. Advanced Micro Devices Inc. has a market cap of $6.69 billion, its shares were traded at around $12.1 with with P/S ratio of 1.15.
Reduced: Tredegar Corp. (TG)
Richard Pzena reduced to his holdings in Aluminum company Tredegar Corp. by 62.55%. His sale prices were between $21.49 and $24.07, with an estimated average price of $22.8. The impact to his portfolio due to this sale was less than 0.01%. Richard Pzena still held 14,475 shares as of 06/30/2007.
Tredegar Corporation, through its subsidiaries, manufactures plastic films and aluminum extrusions primarily for personal and household care products, and packaging and surface protection applications in the United States and Canada. Tredegar Corp. has a market cap of $687.77 million, its shares were traded at around $17.37 with with P/E ratio of 16.65 and P/S ratio of 0.62.
Reduced: Petroleo Brasileiro (PBR)
Richard Pzena reduced to his holdings in Exploration & Production company Petroleo Brasileiro by 98.04%. His sale prices were between $51.02 and $60.75, with an estimated average price of $54.6. The impact to his portfolio due to this sale was less than 0.01%. Richard Pzena still held 1,000 shares as of 06/30/2007.
Petroleo Brasileiro S.A.桺etrobras, together with its subsidiaries, engages in the exploration, exploitation, and production of oil from reservoir wells, shale, and other rocks in Brazil. Petroleo Brasileiro has a market cap of $117.84 billion, its shares were traded at around $53.72 with with P/E ratio of 15.43 and P/S ratio of 1.44.
Reduced: Itc Holdings Corp. (ITC)
Richard Pzena reduced to his holdings in Electricity company Itc Holdings Corp. by 83.3%. His sale prices were between $39.85 and $45.24, with an estimated average price of $42.7. The impact to his portfolio due to this sale was less than 0.01%. Richard Pzena still held 16,050 shares as of 06/30/2007. ITC Holdings Corp. has a market cap of $1.92 billion, its shares were traded at around $45.01 with with P/E ratio of 31.04 and P/S ratio of 5.61.
Sold Out: Tyco Electronics Ltd. Common S (TEL)
Richard Pzena sold out his holdings in Electrical Components & Equipment company Tyco Electronics Ltd. Common S. His sale prices were between $38.8 and $39.6, with an estimated average price of $39.1. The impact to his portfolio due to this sale was less than 0.01%.
Tyco Electronics, Ltd. and its subsidiaries provide engineered electronic components, network solutions, and wireless systems worldwide. The company operates in four segments: Electronic Components, Network Solutions, Wireless Systems, and Other. TYCO ELECTRONICS LTD. COMMON S has a market cap of $17.38 billion, its shares were traded at around $34.95 with with P/S ratio of 1.28.
Sold Out: Edison International (EIX)
Richard Pzena sold out his holdings in Electricity company Edison International. His sale prices were between $50.76 and $58.55, with an estimated average price of $54.5. The impact to his portfolio due to this sale was less than 0.01%.
Edison International, through its subsidiary, Southern California Edison Company, engages in the supply of electric energy in central, coastal, and southern California. Edison International has a market cap of $17.26 billion, its shares were traded at around $52.98 with with P/E ratio of 14.98 and P/S ratio of 1.35.
Sold Out: Dr Horton Inc. (DHI)
Richard Pzena sold out his holdings in Home Construction company Dr Horton Inc.. His sale prices were between $20.01 and $23.32, with an estimated average price of $21.9. The impact to his portfolio due to this sale was less than 0.01%.
D.R. Horton, Inc. operates as a homebuilding company in the United States. It constructs and sells single-family homes. The company has two segments, Homebuilding and Financial Services. DR Horton Inc. has a market cap of $5.21 billion, its shares were traded at around $16.55 with with P/S ratio of 0.40.
Sold Out: Directed Electronics, Inc. (DEIX)
Richard Pzena sold out his holdings in Electrical Components & Equipment company Directed Electronics, Inc.. His sale prices were between $8.63 and $10.22, with an estimated average price of $9.2. The impact to his portfolio due to this sale was less than 0.01%.
Directed Electronics, Inc. engages in designing and marketing of vehicle security and convenience, home audio, mobile audio and video, and satellite radio products. DIRECTED ELECTRONICS, INC. has a market cap of $146.50 million, its shares were traded at around $5.8 with with P/E ratio of 13.46 and P/S ratio of 0.32.
Sold Out: Covidien Ltd. Common Shares (COV)
Richard Pzena sold out his holdings in Medical Equipment company Covidien Ltd. Common Shares. His sale prices were between $42.77 and $46.5, with an estimated average price of $44.3. The impact to his portfolio due to this sale was less than 0.01%.
Covidien, Ltd., through its subsidiaries, engages in the development, manufacture, and distribution of medical devices and supplies, diagnostic imaging agents, pharmaceuticals, and other healthcare products for use in clinical and home settings. COVIDIEN LTD. COMMON SHARES has a market cap of $18.9 billion, its shares were traded at around $38.02 with with P/S ratio of 1.90.
Sold Out: Motorola Inc. (MOT)
Richard Pzena sold out his holdings in Telecom Equipment company Motorola Inc.. His sale prices were between $17.52 and $18.74, with an estimated average price of $18. The impact to his portfolio due to this sale was less than 0.01%.
Motorola, Inc. provides wireless and broadband communication products worldwide. It operates through three segments: Mobile Devices, Home and Networks Mobility, and Enterprise Mobility Solutions. Motorola Inc. has a market cap of $37.43 billion, its shares were traded at around $16.32 with with P/E ratio of 28.38 and P/S ratio of 0.92.
Sold Out: General Dynamics Corp. (GD)
Richard Pzena sold out his holdings in Aerospace company General Dynamics Corp.. His sale prices were between $76.44 and $80.96, with an estimated average price of $79.1. The impact to his portfolio due to this sale was less than 0.01%.
General Dynamics Corporation provides land and expeditionary combat vehicles and systems, armaments, and munitions; business aviation; shipbuilding and marine systems; and mission-critical information systems and technologies. General Dynamics Corp. has a market cap of $31.44 billion, its shares were traded at around $77.5 with with P/E ratio of 17.66 and P/S ratio of 1.23.
Reduced: Pike Electric Corp. (PEC)
Richard Pzena reduced to his holdings in Heavy Construction company Pike Electric Corp. by 12.61%. His sale prices were between $20.22 and $23.83, with an estimated average price of $19.85. The impact to his portfolio due to this sale was 0.02%. Richard Pzena still held 1,644,075 shares as of 06/30/2007. Pike Electric Corp. has a market cap of $627.79 million, its shares were traded at around $19.08 with with P/E ratio of 40.17 and P/S ratio of 1.06.
