Highlight of last week's top CEO buys. Related companies: Brookdale Senior Living Inc. (BKD, Financial), Foot Locker Inc. (FL, Financial), Cardinal Health Inc. (CAH, Financial), Cousins Properties Inc. (CUZ, Financial), Windstream Corp. (WIN, Financial).
Brookdale Senior Living Inc. (BKD): Co-CEO W. E. Sheriff Bought 76,400 Shares; Director Jeffrey G. Edwards Bought 1,250,000 Shares
Brookdale Senior Living, Inc. (BKD), which owns and operates living facilities and retirement care communities for senior citizens, reported a bigger third quarter loss of $0.58 or $58.9 million, compared to a loss of $0.34 or $31.1 million from the previous year. Although same-store revenues are up by 6.3% and total revenue has increased from $387.04 million to $464.59 million, the gain was not enough to offset the higher quarterly operating expense of $476.67.
Guru Ron Baron currently owns 3,613,700 shares of BKD stock.
Co-CEO of Brookdale Senior Living Inc., W. E. Sheriff, bought 76,400 shares during the past week at $33.10. As of August, Directors Jeffrey G. Edwards and Frank M. Bumstead bought a total of 1.25 Million shares and 5,000 shares, respectively between $28.02 and $37.31. Executive Vice President Mark Kultgen sold 3,100 shares at $39.17.
Brookdale Senior Living Inc. has a market cap of $3.35 billion; its shares were traded at around $33.1 with P/S ratio of 1.87. The dividend yield of Brookdale Senior Living Inc. stocks is 6%.
Foot Locker Inc. (FL): Chairman, President and CEO, Director Mathew D. Serra Bought 100,000 Shares
Foot Locker, Inc. (FL), an athletic footwear and apparel retailer, reported a third quarter loss of $0.22 or $33 million compared to $0.42, or $65 from a previous year. Due to poor sales, the company’s revenue dropped from $1.43 to $1.36 billion. In 2008, Foot Locker anticipates the closing of 300 more stores, which are 50 stores more than previous plans.
Gurus Robert Olstein and HOTCHKIS & WILEY increased their holdings of Foot Locker to 1,837,300 and 6,112,700 shares. Currently, Robert Rodriguez has his stake in Foot Locker with 2,814,300 shares. Guru David Dreman sold out his Foot Locker stock.
Chairman, President and CEO, Director of Foot Locker Inc. (FL) Mathew D. Serra bought 100,000 shares last Thursday at $13.05. Other insider buys were made by President and CEO of International operations, Ronald J. Halls, who bought 4,000 shares at $12.60 and Director Matthew M. Mckenna, who bought 8,000 shares at $12.92.
Foot Locker Inc. has a market cap of $2.06 billion; its shares were traded at around $13.05 with P/E ratio of 26.12 and P/S ratio of 0.36. The dividend yield of Foot Locker Inc. stocks is 3.8%.
Cardinal Health Inc. (CAH): Chairman and CEO, Director R. Kerry Clark Bought 20,000 Shares
Cardinal Health, Inc. (CAH), a provider of products and services to the healthcare industry, showed an increase in quarterly earnings of $0.82 or $301.8 million, compared to a previous year’s earnings of $0.66 or $270.7 million. The Drug Enforcement Administration placed company’s license on temporary suspension from controlled drug shipments in the Washington facility. Analysts say the suspension should not affect the company’s earnings. Also, CAH went into an agreement with Neoprobe on last Tuesday to be the sole distributer of Lymphoseek, a radioactive marker used in biopsy procedures.
While Guru John Keeley bought 10,050 shares, Gurus Kenneth Fisher and George Soros sold out of all their CAH holdings. Gurus Edward Owens, Dodge & Cox, and Chris Davis made no changes to their CAH portfolio.
Chairman and CEO, Director of Cardinal Health Inc. (CAH) R. Kerry Clark bought 20,000 shares last Monday at $60.55. One large sell was made by Director Matthew D. Walter, who sold 90,000 shares at around $60.
Cardinal Health Inc. has a market cap of $21.63 billion; its shares were traded at around $60.55 with P/E ratio of 12.01 and P/S ratio of 0.25. The dividend yield of Cardinal Health Inc. stocks is 0.8%.
Cousins Properties Inc. (CUZ): Chairman, CEO, and Director Thomas D. Bell Jr. Bought 32,925 Shares
Cousins Properties Incorporated (CUZ), a real estate investment trust (REIT), gained on its quarterly earnings to $0.14 or $7.3 million from a previous year’s loss of $0.03 or $1.6 million. In this quarter, the company’s revenue increased by 41% to $46.2 million. Some analysts believe the stock is currently undervalued.
Three Gurus own CUZ stock: Third Avenue Management owns 26,500 shares, Ruane Cunniff owns 20,025 shares, and Chris Davis owns 3,062,781.
Chairman and CEO, Director of Cousins Properties Inc. Thomas D. Bell Jr. bought 32,925 shares last Tuesday at $23.77. Director Emeritus Thomas G. Cousins, who currently owns 10% of CUZ, bought 80,000 shares at $22.60. Directors S. Taylor Glover and Boone A. Knox bought 58,500 shares and 12,000 shares, respectively between $23.53 and $30.94.
Cousins Properties Inc. has a market cap of $1.24 billion; its shares were traded at around $23.77 with P/E ratio of 20.99 and P/S ratio of 7.60. The dividend yield of Cousins Properties Inc. stocks is 6.2%.
Windstream Corp. (WIN): Director, President & CEO, Director Jeffery R. Gardner Bought 15,000 Shares
Windstream Corporation (WIN), a rural telecommunications provider, stated on Thursday that its third quarter profit dropped by 40% to $0.25 or $117.7 million compared to the previous year. The company sold Windstream Yellow Pages—the directory publishing portion—to the investment firm Welsh, Carson, and Anderson & Stowe. Money gained from the tax-free transaction will go towards the buy-back of 19.6 million shares and pay-off company debt. Also, Windstream recently acquired CT Communications Inc. for $585 million.
While Guru David Dreman, who owns 630,550 shares, Kenneth Fisher, and Bruce Sherman, kept their WIN shares unchanged, Brian Rogers decreased his shares by 67% to 1 million shares. Chris Davis sold out his holdings in WIN.
Director, President & CEO, Director of Windstream Corp. Jeffery R. Gardner bought 15,000 shares last Tuesday at $12.95. Also, Director Francis X. Frantz bought 47,646 shares at $12.42, and Director Judy K. Jones sold 2,589 shares at $14.24.
Windstream Corp. has a market cap of $6.24 billion; its shares were traded at around $12.95 with P/E ratio of 13.74 and P/S ratio of 1.89. The dividend yield of Windstream Corp. stocks is 7.7%.
Brookdale Senior Living Inc. (BKD): Co-CEO W. E. Sheriff Bought 76,400 Shares; Director Jeffrey G. Edwards Bought 1,250,000 Shares
Brookdale Senior Living, Inc. (BKD), which owns and operates living facilities and retirement care communities for senior citizens, reported a bigger third quarter loss of $0.58 or $58.9 million, compared to a loss of $0.34 or $31.1 million from the previous year. Although same-store revenues are up by 6.3% and total revenue has increased from $387.04 million to $464.59 million, the gain was not enough to offset the higher quarterly operating expense of $476.67.
Guru Ron Baron currently owns 3,613,700 shares of BKD stock.
Co-CEO of Brookdale Senior Living Inc., W. E. Sheriff, bought 76,400 shares during the past week at $33.10. As of August, Directors Jeffrey G. Edwards and Frank M. Bumstead bought a total of 1.25 Million shares and 5,000 shares, respectively between $28.02 and $37.31. Executive Vice President Mark Kultgen sold 3,100 shares at $39.17.
Brookdale Senior Living Inc. has a market cap of $3.35 billion; its shares were traded at around $33.1 with P/S ratio of 1.87. The dividend yield of Brookdale Senior Living Inc. stocks is 6%.
Foot Locker Inc. (FL): Chairman, President and CEO, Director Mathew D. Serra Bought 100,000 Shares
Foot Locker, Inc. (FL), an athletic footwear and apparel retailer, reported a third quarter loss of $0.22 or $33 million compared to $0.42, or $65 from a previous year. Due to poor sales, the company’s revenue dropped from $1.43 to $1.36 billion. In 2008, Foot Locker anticipates the closing of 300 more stores, which are 50 stores more than previous plans.
Gurus Robert Olstein and HOTCHKIS & WILEY increased their holdings of Foot Locker to 1,837,300 and 6,112,700 shares. Currently, Robert Rodriguez has his stake in Foot Locker with 2,814,300 shares. Guru David Dreman sold out his Foot Locker stock.
Chairman, President and CEO, Director of Foot Locker Inc. (FL) Mathew D. Serra bought 100,000 shares last Thursday at $13.05. Other insider buys were made by President and CEO of International operations, Ronald J. Halls, who bought 4,000 shares at $12.60 and Director Matthew M. Mckenna, who bought 8,000 shares at $12.92.
Foot Locker Inc. has a market cap of $2.06 billion; its shares were traded at around $13.05 with P/E ratio of 26.12 and P/S ratio of 0.36. The dividend yield of Foot Locker Inc. stocks is 3.8%.
Cardinal Health Inc. (CAH): Chairman and CEO, Director R. Kerry Clark Bought 20,000 Shares
Cardinal Health, Inc. (CAH), a provider of products and services to the healthcare industry, showed an increase in quarterly earnings of $0.82 or $301.8 million, compared to a previous year’s earnings of $0.66 or $270.7 million. The Drug Enforcement Administration placed company’s license on temporary suspension from controlled drug shipments in the Washington facility. Analysts say the suspension should not affect the company’s earnings. Also, CAH went into an agreement with Neoprobe on last Tuesday to be the sole distributer of Lymphoseek, a radioactive marker used in biopsy procedures.
While Guru John Keeley bought 10,050 shares, Gurus Kenneth Fisher and George Soros sold out of all their CAH holdings. Gurus Edward Owens, Dodge & Cox, and Chris Davis made no changes to their CAH portfolio.
Chairman and CEO, Director of Cardinal Health Inc. (CAH) R. Kerry Clark bought 20,000 shares last Monday at $60.55. One large sell was made by Director Matthew D. Walter, who sold 90,000 shares at around $60.
Cardinal Health Inc. has a market cap of $21.63 billion; its shares were traded at around $60.55 with P/E ratio of 12.01 and P/S ratio of 0.25. The dividend yield of Cardinal Health Inc. stocks is 0.8%.
Cousins Properties Inc. (CUZ): Chairman, CEO, and Director Thomas D. Bell Jr. Bought 32,925 Shares
Cousins Properties Incorporated (CUZ), a real estate investment trust (REIT), gained on its quarterly earnings to $0.14 or $7.3 million from a previous year’s loss of $0.03 or $1.6 million. In this quarter, the company’s revenue increased by 41% to $46.2 million. Some analysts believe the stock is currently undervalued.
Three Gurus own CUZ stock: Third Avenue Management owns 26,500 shares, Ruane Cunniff owns 20,025 shares, and Chris Davis owns 3,062,781.
Chairman and CEO, Director of Cousins Properties Inc. Thomas D. Bell Jr. bought 32,925 shares last Tuesday at $23.77. Director Emeritus Thomas G. Cousins, who currently owns 10% of CUZ, bought 80,000 shares at $22.60. Directors S. Taylor Glover and Boone A. Knox bought 58,500 shares and 12,000 shares, respectively between $23.53 and $30.94.
Cousins Properties Inc. has a market cap of $1.24 billion; its shares were traded at around $23.77 with P/E ratio of 20.99 and P/S ratio of 7.60. The dividend yield of Cousins Properties Inc. stocks is 6.2%.
Windstream Corp. (WIN): Director, President & CEO, Director Jeffery R. Gardner Bought 15,000 Shares
Windstream Corporation (WIN), a rural telecommunications provider, stated on Thursday that its third quarter profit dropped by 40% to $0.25 or $117.7 million compared to the previous year. The company sold Windstream Yellow Pages—the directory publishing portion—to the investment firm Welsh, Carson, and Anderson & Stowe. Money gained from the tax-free transaction will go towards the buy-back of 19.6 million shares and pay-off company debt. Also, Windstream recently acquired CT Communications Inc. for $585 million.
While Guru David Dreman, who owns 630,550 shares, Kenneth Fisher, and Bruce Sherman, kept their WIN shares unchanged, Brian Rogers decreased his shares by 67% to 1 million shares. Chris Davis sold out his holdings in WIN.
Director, President & CEO, Director of Windstream Corp. Jeffery R. Gardner bought 15,000 shares last Tuesday at $12.95. Also, Director Francis X. Frantz bought 47,646 shares at $12.42, and Director Judy K. Jones sold 2,589 shares at $14.24.
Windstream Corp. has a market cap of $6.24 billion; its shares were traded at around $12.95 with P/E ratio of 13.74 and P/S ratio of 1.89. The dividend yield of Windstream Corp. stocks is 7.7%.
