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Weekly CFO Sells Highlight: AXP, RRTS, LH, HOT, HST

May 28, 2013 | About:
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According to GuruFocus Insider Data, the largest CFO sells during the past week were: American Express Co., Roadrunner Transportation Services Inc., Laboratory Corporation of American Holdings, Starwood Hotels & Resorts Worldwide Inc. and Host Hotels & Resorts Inc.

American Express Co. (AXP): EVP and CFO Daniel T. Henry Sold 155,869 Shares

EVP and CFO Daniel T. Henry sold 155,869 shares of AXP stock on 05/23/2013 at the average price of $74.56. Daniel T. Henry owns at least 58,274 shares after this. The price of the stock has increased by 0.95% since.

American Express Co. was founded in 1850 as a joint stock association and was incorporated in 1965 as a New York corporation. American Express Co. has a market cap of $82.06 billion; its shares were traded at around $75.27 with a P/E ratio of 18.80 and P/S ratio of 2.70. The dividend yield of American Express Co. stocks is 1.10%. American Express Co. had an annual average earnings growth of 5.1% over the past 10 years. GuruFocus rated American Express Co. the business predictability rank of 3.5-star.

American Express Co. reported first quarter 2013 earnings of $1.28 billion ($1.15 per share), an increase from earnings of $1.26 billion ($1.07 per share) prior year quarter. Revenues increased to $7.88 billion from $7.59 billion last year.

EVP Advertising John D. Hayes sold 182,350 shares of AXP stock on 05/22/2013 at the average price of $75.71.

Roadrunner Transportation Systems Inc. (RRTS): Vice President Finance and CFO Peter R. Armbruster Sold 130,000 Shares

Vice President Finance, CFO, Tr and Secretary Peter R. Armbruster sold 130,000 shares of RRTS stock on 05/20/2013 at the average price of $27.03. Peter R. Armbruster owns at least 70,975 shares after this. The price of the stock has increased by 1.52% since.

Roadrunner Transportation Systems Inc. has a market cap of $963.9 million; its shares were traded at around $27.44 with a P/E ratio of 22.90 and P/S ratio of 0.80.

Roadrunner Transportation Systems has released its first quarter 2013 results. First quarter net income increased 33.4% over prior year quarter to $10.6 million. Diluted EPS increased 16% to $0.29.

President and CEO Mark A. Diblasi sold 44,794 shares of RRTS stock on 05/20/2013 at the average price of $27.05. Multiple other insiders also recently sold shares of RRTS stock.

Laboratory Corporation of America Holdings (LH): CFO and EVP William B. Hayes Sold 127,200 Shares

CFO and EVP William B. Hayes sold 127,200 shares of LH stock on 05/21/2013 at the average price of $100. William B. Hayes owns at least 23,574 shares after this. The price of the stock has increased by 0.37% since.

Laboratory Corporation of America Holdings is an independent clinical laboratory company in the United States. Laboratory Corporation of America Holdings has a market cap of $9.36 billion; its shares were traded at around $100.37 with a P/E ratio of 17.00 and P/S ratio of 1.70. Laboratory Corporation of America Holdings had an annual average earnings growth of 13.2% over the past 10 years. GuruFocus rated Laboratory Corporation of America Holdings the business predictability rank of 5-star.

For its first quarter of 2013, Laboratory Corporation of America reported net earnings of $147.2 million ($1.56 per share) and revenues of $1.44 billion. Operating cash flow this quarter was $198.2 million, and the company repurchased $113.9 million of stock.

Chief Legal Officer and Secretary F. Samuel Eberts III sold 10,000 shares of LH stock on 05/17/2013 at the average price of $98.47. EVP and COO James T. Jr. Boyle sold 68,908 shares of LH stock on 05/10/2013 at the average price of $93.82.

Starwood Hotels & Resorts Worldwide Inc (HOT): Vice Chairman and CFO Vasant M. Prabhu Sold 115,476 Shares

Vice Chairman and CFO Vasant M. Prabhu sold 115,476 shares of HOT stock on 05/22/2013 at the average price of $69. Vasant M. Prabhu owns at least 156,033 shares after this. The price of the stock has decreased by 0.8% since.

Starwood Hotels & Resorts Worldwide Inc. has a market cap of $13.27 billion; its shares were traded at around $68.45 with a P/E ratio of 27.80 and P/S ratio of 2.20. The dividend yield of Starwood Hotels & Resorts Worldwide Inc stocks is 1.80%. Starwood Hotels & Resorts Worldwide Inc. had an annual average earnings growth of 14.4% over the past five years.

Starwood Hotels reported first quarter EPS from continuing operations of $0.76, with adjusted EBITDA at $315 million. This compares to EPS from continuing operations of $0.65 in the same quarter of 2012.

Host Hotels and Resorts Inc. (HST): EVP and CFO Larry K. Harvey Sold 81,801 Shares

EVP and CFO Larry K. Harvey sold 81,801 shares of HST stock on 05/21/2013 at the average price of $18.56. Larry K. Harvey owns at least 295,678 shares after this. The price of the stock has decreased by 2.32% since.

Host Hotels & Resorts Inc. is a Maryland corporation that operates as a self-managed and self-administered real estate investment trust, or REIT. Host Hotels & Resorts Inc. has a market cap of $13.36 billion; its shares were traded at around $18.13 with a P/E ratio of 135.10 and P/S ratio of 2.40. The dividend yield of Host Hotels & Resorts Inc stocks is 1.90%.

Host Hotels & Resorts Inc. has released its first quarter 2013 results. First quarter net income was $60 million ($0.08 per diluted share), compared to $59 million ($0.07 per share) prior year quarter. Adjusted EBITDA increased to $283 million from $257 million.

For the complete list of stocks that were sold by their CFOs, go to: Insider Buys.


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