Weekly CEO Buys Highlight: AMH, HTH, ARCP, KYN, HK

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Aug 12, 2013
According to GuruFocus Insider Data, these are the largest CEO buys during the past week. The overall trend of CEOs is illustrated in the chart below:



American Homes 4 Rent (AMH, Financial): CEO, 10% Owner David P. Singelyn Bought 3,125,000 Shares

CEO, 10% Owner of American Homes 4 Rent (AMH) David P. Singelyn bought 3,125,000 shares on 08/06/2013 at an average price of $16.15. American Homes 4 Rent has a market cap of $2.88 billion; its shares were traded at around $16.15 with and P/S ratio of 26.81.

Director James H. Kropp bought 2,000 shares of AMH stock on 08/06/2013 at the average price of $16. James H. Kropp owns at least 13,000 shares after this. The price of the stock has increased by 0.94% since.

Hilltop Holdings Inc. (HTH, Financial): President and CEO Jeremy B. Ford Bought 62,500 Shares

President and CEO of Hilltop Holdings Inc. (HTH) Jeremy B. Ford bought 62,500 shares on 08/08/2013 at an average price of $15.76. Hilltop Holdings Inc. was formed in 1998 under the name Affordable Residential Communities Inc. Hilltop Holdings Inc. has a market cap of $1.32 billion; its shares were traded at around $15.76 with a P/E ratio of 20.62 and P/S ratio of 1.59.

Hilltop Holdings recently announced its second quarter 2013 financial results. Hilltop produced $20.9 million of income applicable to common stockholders for the second quarter of 2013, compared to a loss of $10.7 million for the second quarter of 2012. Diluted earnings per share were $0.24, compared to $(0.19) for the second quarter of 2012.

Michael Price owns 297,600 shares as of 03/31/2013, which accounts for 0.53% of the $763 million portfolio of MFP Investors LLC.

President and COO of PlainsCapital James R. Huffines bought 19,200 shares of HTH stock on 05/28/2013 at the average price of $15.97. James R. Huffines owns at least 342,231 shares after this. The price of the stock has decreased by 1.31% since.

American Realty Capital Properties Inc. (ARCP, Financial): Chairman of the Board and CEO Nicholas S. Schorsch Bought 50,000 Shares

Chairman of the Board and CEO of American Realty Capital Properties Inc. (ARCP) Nicholas S. Schorsch bought 50,000 shares on 08/09/2013 at an average price of $13.81. American Realty Capital Properties Inc. was incorporated as a Maryland corporation on Dec. 2, 2010, and intends to elect and qualify to be taxed as a REIT. American Realty Capital Properties Inc. has a market cap of $2.56 billion; its shares were traded at around $13.81 with and P/S ratio of 10.70. The dividend yield of American Realty Capital Properties Inc. stocks is 6.50%.

American Realty Capital Properties recently reported its second quarter 2013 financial results. For the quarter ended June 30, 2013, revenues were $45.0 million, compared to $40.2 million in the first quarter of 2013, or a quarter-over-quarter increase of over 11.8%.

Richard Perry bought 4,524,887 shares in the quarter that ended on 06/30/2013, which is 1.8% of the $3.91 billion portfolio of Perry Capital.

EVP and CFO Brian S. Block bought 25,000 shares of ARCP stock on 08/09/2013 at the average price of 13.73. Brian S. Block owns at least 90,049 shares after this. The price of the stock has increased by 0.58% since.

Kayne Anderson MLP Investment Co. (KYN, Financial): Chairman, President and CEO Kevin S. Mccarthy Bought 15,000 Shares

Chairman, President and CEO of Kayne Anderson MLP Investment Co. (KYN) Kevin S. Mccarthy bought 15,000 shares on 08/08/2013 at an average price of $35.83. Kayne Anderson MLP Investment Co. has a market cap of $1.67 billion; its shares were traded at around $35.83. The dividend yield of Kayne Anderson MLP Investment Co. stocks is 6.90%.

EVP, Assistant Treasurer and Assistant Secretary John C. Frey bought 15,160 shares of KYN stock on 03/07/2013 at the average price of $33.36. John C. Frey owns at least 37,140 shares after this. The price of the stock has increased by 7.4% since.

Halcon Resources Corp (HK, Financial): Chairman and CEO Floyd C. Wilson Bought 100,000 Shares

Chairman and CEO of Halcon Resources Corp (HK) Floyd C. Wilson bought 100,000 shares on 08/08/2013 at an average price of $5.40. Halcon Resources Corp incorporated in Delaware on Feb. 5, 2004. Halcon Resources Corp has a market cap of $2 billion; its shares were traded at around $5.40 with a P/E ratio of 123.46 and P/S ratio of 2.79.

T Boone Pickens bought 498,285 shares in the quarter that ended on 03/31/2013, which is 3.8% of the $101 million portfolio of BP Capital. Ron Baron owns 5,928,354 shares as of 03/31/2013, which accounts for 0.25% of the $18.31 billion portfolio of Baron Funds.

EVP, CFO and Treasurer Mark Mize bought 50,000 shares of HK stock on 08/08/2013 at the average price of $5.1. Mark Mize owns at least 546,573 shares after this. The price of the stock has increased by 5.88% since.