T Rowe Price Equity Income Fund just released the portfolio of the 4th quarter. The fund is run by the firm’s CIO Brian Rogers. The fund gained 15.15%, almost even with the market.
This is Brian Rogers’ outlook: “we are on the long and winding road toward both economic and equity market recovery. Regardless of macroeconomic concerns, there are numerous reasons to be cautiously optimistic. Many corporations are reporting strong earnings and free cash flow. Large-cap companies are also showing sharp improvements in profitability. Additionally, there is a lot of cash still on the sidelines, and as a result we are starting to see corporations begin to participate in share repurchases and raise their dividends.”
Brian Rogers buys Hewlett Packard, Allstate Corp, General Motors, Entergy Corp, Campbell Soup, Conagra Foods, Morgan Stanley, Cisco Systems, Whirlpool Corp, Pfizer Inc, Exelon Corp, Nucor Corp, Constellatn Egy, Clorox Co, sells Deere & Co, Kraft Foods Inc, Alcoa Inc, Travelers Cos, Sprint Nextel, Mgm Resorts Int, Pall Corp during the 3-months ended 12/31/2010, according to the most recent filings of his investment company, T Rowe Price Equity Income Fund. As of 12/31/2010, T Rowe Price Equity Income Fund owns 124 stocks with a total value of $19.6 billion. These are the details of the buys and sells.
This is the sector weightings of his portfolio:
These are the top 5 holdings of Brian Rogers
Added: Entergy Corp (ETR)
Brian Rogers added to his holdings in Entergy Corp by 83.17%. His purchase prices were between $69.43 and $77.64, with an estimated average price of $73.37. The impact to his portfolio due to this purchase was 0.5%. His holdings were 3,063,700 shares as of 12/31/2010.
Entergy Corporation engages principally in the following businesses: domestic utility operations, power marketing and trading, global power development, and domestic non-utility nuclear operations. Entergy Corp has a market cap of $13.21 billion; its shares were traded at around $73.04 with a P/E ratio of 9.67 and P/S ratio of 1.23. The dividend yield of Entergy Corp stocks is 4.55%. Entergy Corp had an annual average earning growth of 7.1% over the past 10 years. GuruFocus rated Entergy Corp the business predictability rank of 2.5-star.
Added: Cisco Systems (CSCO)
Brian Rogers added to his holdings in Cisco Systems by 91.22%. His purchase prices were between $19.07 and $24.49, with an estimated average price of $21.26. The impact to his portfolio due to this purchase was 0.28%. His holdings were 5,730,100 shares as of 12/31/2010.
Cisco Systems, Inc. is the worldwide leader in networking for the Internet. Cisco Systems has a market cap of $114.87 billion; its shares were traded at around $20.725 with a P/E ratio of 14.1 and P/S ratio of 2.87. Cisco Systems had an annual average earning growth of 23% over the past 10 years. GuruFocus rated Cisco Systems the business predictability rank of 2.5-star.
Added: Whirlpool Corp (WHR)
Brian Rogers added to his holdings in Whirlpool Corp by 23.37%. His purchase prices were between $73 and $90.33, with an estimated average price of $81.95. The impact to his portfolio due to this purchase was 0.22%. His holdings were 2,599,700 shares as of 12/31/2010.
Whirlpool Corp. manufactures and markets a full line of major appliances and related products, primarily for home use. Whirlpool Corp has a market cap of $6.72 billion; its shares were traded at around $88.45 with a P/E ratio of 9.62 and P/S ratio of 0.39. The dividend yield of Whirlpool Corp stocks is 1.94%.
Added: Pfizer Inc (PFE)
Brian Rogers added to his holdings in Pfizer Inc by 23.34%. His purchase prices were between $16.3 and $17.8, with an estimated average price of $17.16. The impact to his portfolio due to this purchase was 0.2%. His holdings were 11,972,215 shares as of 12/31/2010.
Pfizer Inc is a research-based, global pharmaceutical company that discovers and develops innovative, value-added products that improve the quality of life of people around the world and help them enjoy longer, healthier, and more productive lives. Pfizer Inc has a market cap of $147.06 billion; its shares were traded at around $18.359 with a P/E ratio of 8.16 and P/S ratio of 2.94. The dividend yield of Pfizer Inc stocks is 3.92%. Pfizer Inc had an annual average earning growth of 1.8% over the past 10 years.
Added: Exelon Corp (EXC)
Brian Rogers added to his holdings in Exelon Corp by 16.38%. His purchase prices were between $39.36 and $44.28, with an estimated average price of $41.22. The impact to his portfolio due to this purchase was 0.16%. His holdings were 5,221,700 shares as of 12/31/2010.
Exelon Corporation is a utility holding company. Its subsidiaries are engaged principally in the production, purchase, transmission, distribution and sale of electricity to residential, commercial, industrial and wholesale customers and the distribution and sale of natural gas to residential, commercial and industrial customers. Exelon Corp has a market cap of $28.58 billion; its shares were traded at around $43.21 with a P/E ratio of 11.02 and P/S ratio of 1.65. The dividend yield of Exelon Corp stocks is 4.86%. Exelon Corp had an annual average earning growth of 12.5% over the past 10 years.
Added: Nucor Corp (NUE)
Brian Rogers added to his holdings in Nucor Corp by 15.99%. His purchase prices were between $37.5 and $44.58, with an estimated average price of $40.18. The impact to his portfolio due to this purchase was 0.15%. His holdings were 4,973,500 shares as of 12/31/2010.
Nucor Corporation manufactures and sells steel products. Nucor Corp has a market cap of $14.07 billion; its shares were traded at around $44.55 with a P/E ratio of 68.54 and P/S ratio of 1.26. The dividend yield of Nucor Corp stocks is 3.25%.
Added: Constellatn Egy (CEG)
Brian Rogers added to his holdings in Constellatn Egy by 36.22%. His purchase prices were between $27.68 and $32.93, with an estimated average price of $30.15. The impact to his portfolio due to this purchase was 0.14%. His holdings were 3,348,500 shares as of 12/31/2010.
Baltimore Gas and Electric Company consists primarily of generating, purchasing, and selling electricity and purchasing, transporting, and selling natural gas. Constellatn Egy has a market cap of $6.41 billion; its shares were traded at around $32.07 with a P/E ratio of 10.98 and P/S ratio of 0.41. The dividend yield of Constellatn Egy stocks is 2.99%.
New Purchase: Hewlett Packard (HPQ, Financial)
Brian Rogers initiated holdings in Hewlett Packard. His purchase prices were between $40.64 and $44.25, with an estimated average price of $42.41. The impact to his portfolio due to this purchase was 0.86%. His holdings were 3,988,500 shares as of 12/31/2010.
Hewlett Packard is one of the global providers of computing and imaging solutions and services for business and home. Hewlett Packard has a market cap of $103.45 billion; its shares were traded at around $47.23 with a P/E ratio of 10.33 and P/S ratio of 0.82. The dividend yield of Hewlett Packard stocks is 0.68%. Hewlett Packard had an annual average earning growth of 22.5% over the past 5 years.
New Purchase: Allstate Corp (ALL, Financial)
Brian Rogers initiated holdings in Allstate Corp. His purchase prices were between $29.11 and $33.11, with an estimated average price of $31.19. The impact to his portfolio due to this purchase was 0.81%. His holdings were 4,985,600 shares as of 12/31/2010.
Allstate Corporation's business is conducted principally throughAllstate Insurance Company, Allstate Life Insurance Company and theirsubsidiaries. Allstate Corp has a market cap of $16.87 billion; its shares were traded at around $31.35 with a P/E ratio of 9.17 and P/S ratio of 0.53. The dividend yield of Allstate Corp stocks is 2.55%. Allstate Corp had an annual average earning growth of 7.5% over the past 10 years.
New Purchase: General Motors (GM, Financial)
Brian Rogers initiated holdings in General Motors. His purchase prices were between $33.25 and $36.82, with an estimated average price of $34.32. The impact to his portfolio due to this purchase was 0.68%. His holdings were 2,449,750 shares as of 12/31/2010.
General Motors Company is engaged in the designing, manufacturing and retailing of vehicles globally including passenger cars, crossover vehicles, and light trucks, sport utility vehicles, vans and other vehicles. General Motors has a market cap of $58.53 billion; its shares were traded at around $37.24 .
New Purchase: Campbell Soup (CPB, Financial)
Brian Rogers initiated holdings in Campbell Soup. His purchase prices were between $33.87 and $36.66, with an estimated average price of $35.23. The impact to his portfolio due to this purchase was 0.43%. His holdings were 2,443,000 shares as of 12/31/2010.
Campbell Soup Company, together with its consolidated subsidiaries, is a global manufacturer and marketer of high quality, branded convenience food products. Campbell Soup has a market cap of $11.78 billion; its shares were traded at around $35.32 with a P/E ratio of 14.66 and P/S ratio of 1.53. The dividend yield of Campbell Soup stocks is 3.28%. Campbell Soup had an annual average earning growth of 3% over the past 10 years.
New Purchase: Conagra Foods (CAG, Financial)
Brian Rogers initiated holdings in Conagra Foods. His purchase prices were between $21.14 and $22.95, with an estimated average price of $22.17. The impact to his portfolio due to this purchase was 0.37%. His holdings were 3,240,700 shares as of 12/31/2010.
ConAgra Foods has transformed itself into an industry-leading, branded, and value-added food company. Conagra Foods has a market cap of $10.32 billion; its shares were traded at around $23.47 with a P/E ratio of 14.49 and P/S ratio of 0.85. The dividend yield of Conagra Foods stocks is 3.92%. Conagra Foods had an annual average earning growth of 4.8% over the past 5 years.
New Purchase: Morgan Stanley (MS, Financial)
Brian Rogers initiated holdings in Morgan Stanley. His purchase prices were between $24.19 and $27.66, with an estimated average price of $25.73. The impact to his portfolio due to this purchase was 0.35%. His holdings were 2,492,800 shares as of 12/31/2010.
MORGAN STANLEY is a preeminent global financial services firm that maintains market positions in each of its three primary businesses: securities; asset management; and credit services. Morgan Stanley has a market cap of $45.4 billion; its shares were traded at around $30.01 with a P/E ratio of 14.16 and P/S ratio of 1.44. The dividend yield of Morgan Stanley stocks is 0.67%. Morgan Stanley had an annual average earning growth of 6.4% over the past 10 years.
New Purchase: Clorox Co (CLX, Financial)
Brian Rogers initiated holdings in Clorox Co. His purchase prices were between $61.8 and $68.7, with an estimated average price of $64.43. The impact to his portfolio due to this purchase was 0.08%. His holdings were 249,300 shares as of 12/31/2010.
Clorox Company's business operations, represented by the aggregate of its U. Clorox Co has a market cap of $8.89 billion; its shares were traded at around $63.74 with a P/E ratio of 15.07 and P/S ratio of 1.61. The dividend yield of Clorox Co stocks is 3.45%. Clorox Co had an annual average earning growth of 11.6% over the past 10 years. GuruFocus rated Clorox Co the business predictability rank of 5-star.
Reduced: Mgm Resorts Int (MGM)
Brian Rogers reduced to his holdings in Mgm Resorts Int by 42.85%. His sale prices were between $10.78 and $14.92, with an estimated average price of $12.59. The impact to his portfolio due to this sale was -0.15%. Brian Rogers still held 2,677,700 shares as of 12/31/2010.
MGM Resorts International, formerly known as MGM MIRAGE, is a global hospitality company, operating a portfolio of destination resort brands, including Bellagio, MGM Grand, Mandalay Bay and The Mirage. Mgm Resorts Int has a market cap of $7.33 billion; its shares were traded at around $15 with and P/S ratio of 1.1.
Sold Out: Deere & Co (DE)
Brian Rogers sold out his holdings in Deere & Co. His sale prices were between $68.62 and $84.46, with an estimated average price of $77.95.
Deere & Company is the one world's foremost producers of agricultural equipment as well as a manufacturer of construction, forestry, and commercial and consumer equipment. Deere & Co has a market cap of $37.58 billion; its shares were traded at around $89.24 with a P/E ratio of 19.15 and P/S ratio of 1.45. The dividend yield of Deere & Co stocks is 1.57%. Deere & Co had an annual average earning growth of 13.1% over the past 10 years.
Sold Out: Kraft Foods Inc (KFT)
Brian Rogers sold out his holdings in Kraft Foods Inc. His sale prices were between $30.19 and $32.47, with an estimated average price of $31.23.
Kraft Foods, Inc. is the largest branded food and beverage company headquartered in the U. Kraft Foods Inc has a market cap of $54.76 billion; its shares were traded at around $31.35 with a P/E ratio of 15.52 and P/S ratio of 1.36. The dividend yield of Kraft Foods Inc stocks is 3.7%. Kraft Foods Inc had an annual average earning growth of 1.7% over the past 5 years.
Sold Out: Alcoa Inc (AA)
Brian Rogers sold out his holdings in Alcoa Inc. His sale prices were between $11.92 and $15.34, with an estimated average price of $13.58.
Alcoa Inc. is the world's producer and manager of primary aluminum, fabricated aluminum and alumina facilities, and is active in all major aspects of the industry. Alcoa Inc has a market cap of $16.13 billion; its shares were traded at around $15.79 with a P/E ratio of 29.79 and P/S ratio of 0.77. The dividend yield of Alcoa Inc stocks is 0.76%.
Sold Out: Travelers Cos (TRV)
Brian Rogers sold out his holdings in Travelers Cos. His sale prices were between $52.12 and $57.44, with an estimated average price of $54.95.
St. Paul Travelers is a provider of commercial property-liability insurance and asset management services. Travelers Cos has a market cap of $25.33 billion; its shares were traded at around $55 with a P/E ratio of 8.41 and P/S ratio of 1.03. The dividend yield of Travelers Cos stocks is 2.62%. Travelers Cos had an annual average earning growth of 28.3% over the past 5 years.
Sold Out: Sprint Nextel (S)
Brian Rogers sold out his holdings in Sprint Nextel. His sale prices were between $3.72 and $4.85, with an estimated average price of $4.22.
Sprint Nextel offers a comprehensive range of wireless and wireline communications services to consumer, business and government customers. Sprint Nextel has a market cap of $12.86 billion; its shares were traded at around $4.31 with and P/S ratio of 0.4.
Sold Out: Pall Corp (PLL)
Brian Rogers sold out his holdings in Pall Corp. His sale prices were between $41.36 and $50.38, with an estimated average price of $45.58.
Pall Corporation is a supplier of fine filters, principally made by the Company using its proprietary filter media, and other fluid clarification and separations equipment for the removal of solid, liquid and gaseous contaminants from a wide variety of liquids and gases. Pall Corp has a market cap of $5.64 billion; its shares were traded at around $48.84 with a P/E ratio of 20.96 and P/S ratio of 2.35. The dividend yield of Pall Corp stocks is 1.31%. Pall Corp had an annual average earning growth of 11.3% over the past 10 years. GuruFocus rated Pall Corp the business predictability rank of 3.5-star.
This is Brian Rogers’ outlook: “we are on the long and winding road toward both economic and equity market recovery. Regardless of macroeconomic concerns, there are numerous reasons to be cautiously optimistic. Many corporations are reporting strong earnings and free cash flow. Large-cap companies are also showing sharp improvements in profitability. Additionally, there is a lot of cash still on the sidelines, and as a result we are starting to see corporations begin to participate in share repurchases and raise their dividends.”
Brian Rogers buys Hewlett Packard, Allstate Corp, General Motors, Entergy Corp, Campbell Soup, Conagra Foods, Morgan Stanley, Cisco Systems, Whirlpool Corp, Pfizer Inc, Exelon Corp, Nucor Corp, Constellatn Egy, Clorox Co, sells Deere & Co, Kraft Foods Inc, Alcoa Inc, Travelers Cos, Sprint Nextel, Mgm Resorts Int, Pall Corp during the 3-months ended 12/31/2010, according to the most recent filings of his investment company, T Rowe Price Equity Income Fund. As of 12/31/2010, T Rowe Price Equity Income Fund owns 124 stocks with a total value of $19.6 billion. These are the details of the buys and sells.
- New Purchases: HPQ, ALL, GM, CPB, CAG, MS, CLX,
- Added Positions: ETR, CSCO, WHR, PFE, EXC, NUE, CEG,
- Reduced Positions: MGM,
- Sold Out: DE, KFT, AA, TRV, S, PLL,
This is the sector weightings of his portfolio:
| Financials | 10.7% |
| Oil & Gas | 8.4% |
| Consumer Services | 8% |
| Utilities | 6.2% |
| Health Care | 6% |
| Consumer Goods | 5.4% |
| Industrials | 5.1% |
| Technology | 3.7% |
| Telecommunications | 2.9% |
| Basic Materials | 2.7% |
These are the top 5 holdings of Brian Rogers
- Jpmorgan Chase (JPM) - 13,621,100 shares, 2.95% of the total portfolio. Shares reduced by 0.29%
- Chevron Corp (CVX) - 5,883,200 shares, 2.74% of the total portfolio. Shares reduced by 0.29%
- Genl Electric (GE) - 28,469,900 shares, 2.66% of the total portfolio. Shares reduced by 0.29%
- Exxon Mobil Crp (XOM) - 6,082,000 shares, 2.27% of the total portfolio. Shares reduced by 0.29%
- Amer Express Co (AXP) - 9,115,000 shares, 2% of the total portfolio. Shares reduced by 0.29%
Added: Entergy Corp (ETR)
Brian Rogers added to his holdings in Entergy Corp by 83.17%. His purchase prices were between $69.43 and $77.64, with an estimated average price of $73.37. The impact to his portfolio due to this purchase was 0.5%. His holdings were 3,063,700 shares as of 12/31/2010.
Entergy Corporation engages principally in the following businesses: domestic utility operations, power marketing and trading, global power development, and domestic non-utility nuclear operations. Entergy Corp has a market cap of $13.21 billion; its shares were traded at around $73.04 with a P/E ratio of 9.67 and P/S ratio of 1.23. The dividend yield of Entergy Corp stocks is 4.55%. Entergy Corp had an annual average earning growth of 7.1% over the past 10 years. GuruFocus rated Entergy Corp the business predictability rank of 2.5-star.
Added: Cisco Systems (CSCO)
Brian Rogers added to his holdings in Cisco Systems by 91.22%. His purchase prices were between $19.07 and $24.49, with an estimated average price of $21.26. The impact to his portfolio due to this purchase was 0.28%. His holdings were 5,730,100 shares as of 12/31/2010.
Cisco Systems, Inc. is the worldwide leader in networking for the Internet. Cisco Systems has a market cap of $114.87 billion; its shares were traded at around $20.725 with a P/E ratio of 14.1 and P/S ratio of 2.87. Cisco Systems had an annual average earning growth of 23% over the past 10 years. GuruFocus rated Cisco Systems the business predictability rank of 2.5-star.
Added: Whirlpool Corp (WHR)
Brian Rogers added to his holdings in Whirlpool Corp by 23.37%. His purchase prices were between $73 and $90.33, with an estimated average price of $81.95. The impact to his portfolio due to this purchase was 0.22%. His holdings were 2,599,700 shares as of 12/31/2010.
Whirlpool Corp. manufactures and markets a full line of major appliances and related products, primarily for home use. Whirlpool Corp has a market cap of $6.72 billion; its shares were traded at around $88.45 with a P/E ratio of 9.62 and P/S ratio of 0.39. The dividend yield of Whirlpool Corp stocks is 1.94%.
Added: Pfizer Inc (PFE)
Brian Rogers added to his holdings in Pfizer Inc by 23.34%. His purchase prices were between $16.3 and $17.8, with an estimated average price of $17.16. The impact to his portfolio due to this purchase was 0.2%. His holdings were 11,972,215 shares as of 12/31/2010.
Pfizer Inc is a research-based, global pharmaceutical company that discovers and develops innovative, value-added products that improve the quality of life of people around the world and help them enjoy longer, healthier, and more productive lives. Pfizer Inc has a market cap of $147.06 billion; its shares were traded at around $18.359 with a P/E ratio of 8.16 and P/S ratio of 2.94. The dividend yield of Pfizer Inc stocks is 3.92%. Pfizer Inc had an annual average earning growth of 1.8% over the past 10 years.
Added: Exelon Corp (EXC)
Brian Rogers added to his holdings in Exelon Corp by 16.38%. His purchase prices were between $39.36 and $44.28, with an estimated average price of $41.22. The impact to his portfolio due to this purchase was 0.16%. His holdings were 5,221,700 shares as of 12/31/2010.
Exelon Corporation is a utility holding company. Its subsidiaries are engaged principally in the production, purchase, transmission, distribution and sale of electricity to residential, commercial, industrial and wholesale customers and the distribution and sale of natural gas to residential, commercial and industrial customers. Exelon Corp has a market cap of $28.58 billion; its shares were traded at around $43.21 with a P/E ratio of 11.02 and P/S ratio of 1.65. The dividend yield of Exelon Corp stocks is 4.86%. Exelon Corp had an annual average earning growth of 12.5% over the past 10 years.
Added: Nucor Corp (NUE)
Brian Rogers added to his holdings in Nucor Corp by 15.99%. His purchase prices were between $37.5 and $44.58, with an estimated average price of $40.18. The impact to his portfolio due to this purchase was 0.15%. His holdings were 4,973,500 shares as of 12/31/2010.
Nucor Corporation manufactures and sells steel products. Nucor Corp has a market cap of $14.07 billion; its shares were traded at around $44.55 with a P/E ratio of 68.54 and P/S ratio of 1.26. The dividend yield of Nucor Corp stocks is 3.25%.
Added: Constellatn Egy (CEG)
Brian Rogers added to his holdings in Constellatn Egy by 36.22%. His purchase prices were between $27.68 and $32.93, with an estimated average price of $30.15. The impact to his portfolio due to this purchase was 0.14%. His holdings were 3,348,500 shares as of 12/31/2010.
Baltimore Gas and Electric Company consists primarily of generating, purchasing, and selling electricity and purchasing, transporting, and selling natural gas. Constellatn Egy has a market cap of $6.41 billion; its shares were traded at around $32.07 with a P/E ratio of 10.98 and P/S ratio of 0.41. The dividend yield of Constellatn Egy stocks is 2.99%.
New Purchase: Hewlett Packard (HPQ, Financial)
Brian Rogers initiated holdings in Hewlett Packard. His purchase prices were between $40.64 and $44.25, with an estimated average price of $42.41. The impact to his portfolio due to this purchase was 0.86%. His holdings were 3,988,500 shares as of 12/31/2010.
Hewlett Packard is one of the global providers of computing and imaging solutions and services for business and home. Hewlett Packard has a market cap of $103.45 billion; its shares were traded at around $47.23 with a P/E ratio of 10.33 and P/S ratio of 0.82. The dividend yield of Hewlett Packard stocks is 0.68%. Hewlett Packard had an annual average earning growth of 22.5% over the past 5 years.
New Purchase: Allstate Corp (ALL, Financial)
Brian Rogers initiated holdings in Allstate Corp. His purchase prices were between $29.11 and $33.11, with an estimated average price of $31.19. The impact to his portfolio due to this purchase was 0.81%. His holdings were 4,985,600 shares as of 12/31/2010.
Allstate Corporation's business is conducted principally throughAllstate Insurance Company, Allstate Life Insurance Company and theirsubsidiaries. Allstate Corp has a market cap of $16.87 billion; its shares were traded at around $31.35 with a P/E ratio of 9.17 and P/S ratio of 0.53. The dividend yield of Allstate Corp stocks is 2.55%. Allstate Corp had an annual average earning growth of 7.5% over the past 10 years.
New Purchase: General Motors (GM, Financial)
Brian Rogers initiated holdings in General Motors. His purchase prices were between $33.25 and $36.82, with an estimated average price of $34.32. The impact to his portfolio due to this purchase was 0.68%. His holdings were 2,449,750 shares as of 12/31/2010.
General Motors Company is engaged in the designing, manufacturing and retailing of vehicles globally including passenger cars, crossover vehicles, and light trucks, sport utility vehicles, vans and other vehicles. General Motors has a market cap of $58.53 billion; its shares were traded at around $37.24 .
New Purchase: Campbell Soup (CPB, Financial)
Brian Rogers initiated holdings in Campbell Soup. His purchase prices were between $33.87 and $36.66, with an estimated average price of $35.23. The impact to his portfolio due to this purchase was 0.43%. His holdings were 2,443,000 shares as of 12/31/2010.
Campbell Soup Company, together with its consolidated subsidiaries, is a global manufacturer and marketer of high quality, branded convenience food products. Campbell Soup has a market cap of $11.78 billion; its shares were traded at around $35.32 with a P/E ratio of 14.66 and P/S ratio of 1.53. The dividend yield of Campbell Soup stocks is 3.28%. Campbell Soup had an annual average earning growth of 3% over the past 10 years.
New Purchase: Conagra Foods (CAG, Financial)
Brian Rogers initiated holdings in Conagra Foods. His purchase prices were between $21.14 and $22.95, with an estimated average price of $22.17. The impact to his portfolio due to this purchase was 0.37%. His holdings were 3,240,700 shares as of 12/31/2010.
ConAgra Foods has transformed itself into an industry-leading, branded, and value-added food company. Conagra Foods has a market cap of $10.32 billion; its shares were traded at around $23.47 with a P/E ratio of 14.49 and P/S ratio of 0.85. The dividend yield of Conagra Foods stocks is 3.92%. Conagra Foods had an annual average earning growth of 4.8% over the past 5 years.
New Purchase: Morgan Stanley (MS, Financial)
Brian Rogers initiated holdings in Morgan Stanley. His purchase prices were between $24.19 and $27.66, with an estimated average price of $25.73. The impact to his portfolio due to this purchase was 0.35%. His holdings were 2,492,800 shares as of 12/31/2010.
MORGAN STANLEY is a preeminent global financial services firm that maintains market positions in each of its three primary businesses: securities; asset management; and credit services. Morgan Stanley has a market cap of $45.4 billion; its shares were traded at around $30.01 with a P/E ratio of 14.16 and P/S ratio of 1.44. The dividend yield of Morgan Stanley stocks is 0.67%. Morgan Stanley had an annual average earning growth of 6.4% over the past 10 years.
New Purchase: Clorox Co (CLX, Financial)
Brian Rogers initiated holdings in Clorox Co. His purchase prices were between $61.8 and $68.7, with an estimated average price of $64.43. The impact to his portfolio due to this purchase was 0.08%. His holdings were 249,300 shares as of 12/31/2010.
Clorox Company's business operations, represented by the aggregate of its U. Clorox Co has a market cap of $8.89 billion; its shares were traded at around $63.74 with a P/E ratio of 15.07 and P/S ratio of 1.61. The dividend yield of Clorox Co stocks is 3.45%. Clorox Co had an annual average earning growth of 11.6% over the past 10 years. GuruFocus rated Clorox Co the business predictability rank of 5-star.
Reduced: Mgm Resorts Int (MGM)
Brian Rogers reduced to his holdings in Mgm Resorts Int by 42.85%. His sale prices were between $10.78 and $14.92, with an estimated average price of $12.59. The impact to his portfolio due to this sale was -0.15%. Brian Rogers still held 2,677,700 shares as of 12/31/2010.
MGM Resorts International, formerly known as MGM MIRAGE, is a global hospitality company, operating a portfolio of destination resort brands, including Bellagio, MGM Grand, Mandalay Bay and The Mirage. Mgm Resorts Int has a market cap of $7.33 billion; its shares were traded at around $15 with and P/S ratio of 1.1.
Sold Out: Deere & Co (DE)
Brian Rogers sold out his holdings in Deere & Co. His sale prices were between $68.62 and $84.46, with an estimated average price of $77.95.
Deere & Company is the one world's foremost producers of agricultural equipment as well as a manufacturer of construction, forestry, and commercial and consumer equipment. Deere & Co has a market cap of $37.58 billion; its shares were traded at around $89.24 with a P/E ratio of 19.15 and P/S ratio of 1.45. The dividend yield of Deere & Co stocks is 1.57%. Deere & Co had an annual average earning growth of 13.1% over the past 10 years.
Sold Out: Kraft Foods Inc (KFT)
Brian Rogers sold out his holdings in Kraft Foods Inc. His sale prices were between $30.19 and $32.47, with an estimated average price of $31.23.
Kraft Foods, Inc. is the largest branded food and beverage company headquartered in the U. Kraft Foods Inc has a market cap of $54.76 billion; its shares were traded at around $31.35 with a P/E ratio of 15.52 and P/S ratio of 1.36. The dividend yield of Kraft Foods Inc stocks is 3.7%. Kraft Foods Inc had an annual average earning growth of 1.7% over the past 5 years.
Sold Out: Alcoa Inc (AA)
Brian Rogers sold out his holdings in Alcoa Inc. His sale prices were between $11.92 and $15.34, with an estimated average price of $13.58.
Alcoa Inc. is the world's producer and manager of primary aluminum, fabricated aluminum and alumina facilities, and is active in all major aspects of the industry. Alcoa Inc has a market cap of $16.13 billion; its shares were traded at around $15.79 with a P/E ratio of 29.79 and P/S ratio of 0.77. The dividend yield of Alcoa Inc stocks is 0.76%.
Sold Out: Travelers Cos (TRV)
Brian Rogers sold out his holdings in Travelers Cos. His sale prices were between $52.12 and $57.44, with an estimated average price of $54.95.
St. Paul Travelers is a provider of commercial property-liability insurance and asset management services. Travelers Cos has a market cap of $25.33 billion; its shares were traded at around $55 with a P/E ratio of 8.41 and P/S ratio of 1.03. The dividend yield of Travelers Cos stocks is 2.62%. Travelers Cos had an annual average earning growth of 28.3% over the past 5 years.
Sold Out: Sprint Nextel (S)
Brian Rogers sold out his holdings in Sprint Nextel. His sale prices were between $3.72 and $4.85, with an estimated average price of $4.22.
Sprint Nextel offers a comprehensive range of wireless and wireline communications services to consumer, business and government customers. Sprint Nextel has a market cap of $12.86 billion; its shares were traded at around $4.31 with and P/S ratio of 0.4.
Sold Out: Pall Corp (PLL)
Brian Rogers sold out his holdings in Pall Corp. His sale prices were between $41.36 and $50.38, with an estimated average price of $45.58.
Pall Corporation is a supplier of fine filters, principally made by the Company using its proprietary filter media, and other fluid clarification and separations equipment for the removal of solid, liquid and gaseous contaminants from a wide variety of liquids and gases. Pall Corp has a market cap of $5.64 billion; its shares were traded at around $48.84 with a P/E ratio of 20.96 and P/S ratio of 2.35. The dividend yield of Pall Corp stocks is 1.31%. Pall Corp had an annual average earning growth of 11.3% over the past 10 years. GuruFocus rated Pall Corp the business predictability rank of 3.5-star.
