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Weekly Top Insider Buys: PM, EPD, DLTR, NAV, STLD

June 26, 2011 | About:
gururk

gururk

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Weekly highlight of top insider buys: Philip Morris International (PM), Enterprise Products Partners L.P. (EPD), Dollar Tree Inc. (DLTR), Navistar International (NAV) and Steel Dynamics Inc. (STLD).

Philip Morris International (PM): Director Sergio Marchionne Bought 1,150 Shares



Director of Philip Morris International, Sergio Marchionne, bought 1,150 shares on 6/23/2011 at an average price of $65.1. Philip Morris International is an international tobacco company, with products sold in over 160 countries. Philip Morris International has a market cap of $113.86 billion; its shares were traded at around $65.1 with a P/E ratio of 15.9 and P/S ratio of 1.8. The dividend yield of Philip Morris International stocks is 4.1%.

On April 21, Philip Morris International reported results for the first quarter of 2011. Reported and adjusted diluted earnings per share was $1.06, up by 17.8% vs. $0.90 in 2010, or by 14.4% excluding currency. Reported net revenues, excluding excise taxes, were up by 4.5% to $6.8 billion, or by 4.3% excluding currency, driven by favorable pricing. Reported operating companies income were up by 10.8% to $3.1 billion, or by 8.3% excluding currency

Philip Morris International is in the portfolios of David Winters, Tom Gayner, Ruane CUnniff, Ronald Muhlenkamp, Dodge & Cox, Tweedy Browne, James Barrow, David Dreman, Donald Yacktman, Jean-Marie Eveillard, Kenneth Fisher, NWQ Managers, Joel Greenblatt, Hotchkis & Wiley, and George Soros.

Last week, Director Sergio Marchionne bought 1,150 shares of PM stock on 6/23/2011 at the average price of $65.69.

Enterprise Products Partners L.P. (EPD): Director Thurmon Andress Bought 1,200 Shares



Director of Enterprise Products Partners L.P., Thurmon Andress, bought 1,200 shares on 6/21/2011 at an average price of $41.56. Enterprise Products Partners L.P. is a integrated provider of processing and transportation services to producers of Natural Gas Liquids (NGLs) and consumers of NGL products. Enterprise Products Partners L.P. has a market cap of $36.29 billion; its shares were traded at around $41.56 with a P/E ratio of 23 and P/S ratio of 1.1. The dividend yield of Enterprise Products Partners L.p. stocks is 5.6%. Enterprise Products Partners L.P. had an annual average earnings growth of 7% over the past 10 years.

On May 10, Enterprise Products Partners L.P. announced its financial results for the three months ending March 31, 2011. Net income for the first quarter of 2011 was a record $435 million, or $0.49 per unit on a fully diluted basis, versus $392 million, or $0.33 per unit on a fully diluted basis, for the first quarter of 2010.

Enterprise Products Partners L.P. is in the portfolios of Chuck Akre, John Keeley, Tom Gayner, and Mario Gabelli.

Last week, Director Thurmon Andress bought 1,200 shares of EPD stock. SVP Thomas M. Zulim and Director Ralph S. Cunningham sold shares in May.

Dollar Tree Inc. (DLTR): Director Arnold S. Barron Bought 5,000 Shares



Director of Dollar Tree Inc., Arnold S Barron, bought 5,000 shares on 6/22/2011 at an average price of $65.26. Dollar Tree Stores Inc. is an operator of discount variety stores offering merchandise at a fixed price point of $1. Dollar Tree Inc. has a market cap of $7.85 billion; its shares were traded at around $65.26 with a P/E ratio of 18.6 and P/S ratio of 1.3. Dollar Tree Inc. had an annual average earnings growth of 13.4% over the past 10 years. GuruFocus rated Dollar Tree Inc. the business predictability rank of 3-star.

On May 19, Dollar Tree Inc. reported its results for the quarter ended April 30. Consolidated net sales for the first quarter were $1.55 billion, a 14.3% increase compared to $1.35 billion reported for the quarter ended May 1, 2010. Earnings per diluted share for the first quarter were $0.82, compared to earnings per diluted share of $0.49 reported for the quarter ended May 1, 2010, which included a non-recurring, non-cash charge of $26.3 million relating to a retail inventory accounting change in the first quarter 2010. The company's earnings per diluted share of $0.82 in the first quarter 2011 were an increase of 34.4% compared to the first quarter 2010 earnings per diluted share of $0.61, absent the charge.

Dollar Tree Inc. is in the portfolios of Lee Ainslie, Chuck Akre, John Keeley, John Hussman, and John Griffin.

This month, CEO Bob Sasser and CFO Kevin S. Wampler sold shares of DLTR stock. Director Arnold S. Barron bought 5,000 shares this week.

Navistar International (NAV): Director Eugenio Clariond Bought 56,000 Shares



Director of Navistar International, Eugenio Clariond, bought 56,000 shares on 6/22/2011 at an average price of $53.33. Navistar International is a holding company and its principal operating subsidiary is Navistar Int'l Transportation Corp. Navistar International has a market cap of $3.96 billion; its shares were traded at around $53.33 with a P/E ratio of 15.3 and P/S ratio of 0.3. Navistar International had an annual average earnings growth of 2.5% over the past 5 years.

Navistar International is in the portfolios of David Tepper, Arnold Schneider, Mario Gabelli, and George Soros.

This month, Director Eugenio Clariond and Director Diane H. Gulyas bought shares of NAV stock. Vice President and Treasurer James M Moran, VP & Corporate Controller Richard C Tarapchak, and Chairman, President and CEO Daniel C. Ustian sold shares in April.

Steel Dynamics Inc. (STLD): Executive Vice President Richard P. Teets Jr. Bought 3,532 Shares



Executive Vice President of Steel Dynamics Inc., Richard P Jr Teets, bought 3,532 shares on 6/20/2011 at an average price of $15.66. Steel Dynamics, Inc. owns and operates a flat-rolled steel mini-mill. Steel Dynamics Inc. has a market cap of $3.65 billion; its shares were traded at around $15.66 with a P/E ratio of 19.9 and P/S ratio of 0.6. The dividend yield of Steel Dynamics Inc. stocks is 2.4%. Steel Dynamics Inc. had an annual average earnings growth of 24.2% over the past 10 years.

On April 18, Steel Dynamics Inc. announced first quarter net income of $106 million, or $0.46 per diluted share on net sales of $2.0 billion. Comparatively, first quarter 2010 net income was $65 million, or $0.29 per diluted share on net sales of $1.6 billion and fourth quarter 2010 net income was $8 million, or $0.04 per diluted share.

Steel Dynamic Inc. is in the portfolios of Kenneth Fisher and George Soros.

In June, Executive Vice President Richard P. Teets Jr. bought 3,532 shares of STLD stock.

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


Rating: 3.3/5 (3 votes)

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