Weekly Top Insider Buys: AA, EVEP, ACRT, GBX, MCEP

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Apr 23, 2012
According to GuruFocus Insider Data, these are the largest insider buys during the past week: Alcoa Inc. (AA, Financial), EV Energy Partners LP (EVEP, Financial), American Energy Capital Trust Inc. (ACRT, Financial), Greenbrier Companies (GBX, Financial) and Mid-Con Energy Partners LP (MCEP, Financial).


The overall trend of insiders is illustrated in the chart below:





Alcoa Inc. (AA): Director Ratan Tata Bought 1,830 Shares


Director of Alcoa Inc., Ratan Tata, bought 1,830 shares on 4/12/2012 at an average price of $9.69. 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 $10.51 billion; its shares were traded at around $9.69 with a P/E ratio of 18.6 and P/S ratio of 0.4. The dividend yield of Alcoa Inc. stocks is 1.2%.


On April 10, Alcoa Inc. reported income from continuing operations of $94 million, or $0.09 per share, in first quarter 2012, a $287 million improvement over fourth quarter 2011, led by strong productivity growth and improved market conditions. Income from continuing operations was $105 million, or $0.10 per share. First quarter 2012 income from continuing operations compares to fourth quarter 2011 loss from continuing operations of $193 million, or $0.18 per share, and first quarter 2011 income from continuing operations of $309 million, or $0.27 per share.


This month, Director Martin Sorrell and Director Ratan Tata bought shares of AA stock. Executive Vice President Helmut Wieser sold 40,000 shares in November of last year.


EV Energy Partners LP (EVEP): Executive Chairman of the Board John B. Walker Bought 12,000 Shares


Executive Chairman of the Board of EV Energy Partners LP, John B. Walker, bought 12,000 shares during the past week at an average price of $63.35. EV Energy Partners is an upstream Master Limited Partnership focused on acquiring and operating oil and gas properties within the continental U.S. EV Energy Partners LP has a market cap of $2.47 billion; its shares were traded at around $63.35 with a P/E ratio of 27.1 and P/S ratio of 9.4. The dividend yield of EV Energy Partners LP stocks is 4.8%. EV Energy Partners LP had an annual average earnings growth of 18.3% over the past five years.


On February 29, EV Energy Partners L.P. reported results for the fourth quarter of 2011. Adjusted EBITDAX for the fourth quarter of 2011 was $54.5 million, a 31% increase over the fourth quarter of 2010 and a 4% increase over the third quarter of 2011. EVEP reported net income of $9.7 million, or $0.27 per basic and diluted weighted average limited partner unit outstanding, for the fourth quarter of 2011.


This month, President and CEO Mark A. Houser, Executive Chairman of the Board John B. Walker, and Executive Chairman of the Board John B. Walker bought shares of EVEP stock.


American Realty Capital Trust Inc. (ARCT): Director Nicholas S. Schorsch Bought 10,000 Shares



Director of American Realty Capital Trust Inc., Nicholas S. Schorsch, bought 10,000 shares on 4/17/2012 at an average price of $11.06. American Realty Capital Trust Inc. is a real estate investment trust that acquires and operates single-tenant, freestanding commercial properties net leased on a long-term basis to primarily investment grade tenants. American Realty Capital Trust Inc. has a market cap of $1.97 billion; its shares were traded at around $11.06 with and P/S ratio of 15.2. The dividend yield of American Realty Capital Trust Inc. stocks is 6.4%.


On February 16, American Realty Capital Trust Inc. reported results for the fourth quarter of 2011. Results included net loss of $25 million and an FFO of $43 million.


This month, President and CEO William M. Kahane, CFO and Treasurer Brian D. Jones, and Director Nicholas S. Schorsch bought shares of ARCT stock.


Greenbrier Companies (GBX): Director C. Bruce Ward Bought 25,000 Shares



Director of Greenbrier Companies, C. Bruce Ward bought 25,000 shares during the past week at an average price of $17.93. The Greenbrier Companies is a supplier of transportation equipment and services to the railroad and related industries. The Greenbrier Companies has a market cap of $475.3 million; its shares were traded at around $17.93 with a P/E ratio of 10.7 and P/S ratio of 0.4.


On April 9, The Greenbrier Companies reported results for its fiscal second quarter ended Feb. 29, 2012. Revenues for the second quarter of 2012 were $458.2 million, up over 60% from $284.3 million in the prior year's second quarter. Adjusted EBITDA for the quarter was $40.1 million, or 8.7% of revenue, compared to $19.4 million, or 6.8% of revenue in the second quarter of 2011. Net earnings attributable to Greenbrier for the quarter were $17.7 million, or $0.57 per diluted share, compared to a net loss of $550,000, or $0.02 per diluted share, in the same period last year.


This month, President GMO CEO Gunderson Alejandro Centurion, President Greenbrier Rail Services Timothy A. Stuckey, President Greenbrier Leasing Co. James T. Sharp, and Vice President Corporate Controller Anne Manning sold shares of GBX stock. Director C Bruce Ward bought 25,000 shares during the past week.


Mid-Con Energy Partners LP (MCEP): Director Robert W. Berry Bought 2,000 Shares



Director of Mid-Con Energy, Robert W. Berry, bought 2,000 shares on 4/17/2012 at an average price of $22.36. Mid-Con Energy Partners LP owns, operates, acquires, exploits and develops producing oil and natural gas properties in North America, with a focus on the Mid-Continent region of the U.S. Mid-Con Energy Partners LP has a market cap of $421.6 million; its shares were traded at around $22.36 with and P/S ratio of 10.7. The dividend yield of Mid-Con Energy LP stocks is 1%.


On March 6, Mid-Con Energy Partners LP announced its preliminary financial and operating results for the quarter ended Dec. 31, 2011. Highlights included increased production 68% to 1,191 barrels of oil equivalent (Boe) per day in 2011 from 710 Boe per day in 2010. Furthermore, production in the fourth quarter of 2011 averaged 1,481 Boe per day. Results also included increased estimated net proved reserves 39% to 10.0 million Boe (MMBoe) (99% Oil/69% Proved Developed) at Dec. 31, 2011compared to 7.2 MMBoe (97% Oil/53% Proved Developed) at Dec. 31, 2010.


Last week, Director Robert W. Berry bought 2,000 shares of MCEP stock.