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Weekly CFO Buys Highlight

September 16, 2013 | About:
guruek

guruek

80 followers
According to GuruFocus Insider Data, these are the largest CFO buys during the past week. The overall trend of CFOs is illustrated in the chart below:



Digital Realty Trust Inc. (DLR): CFO and Chief Investment Officer A. William Stein Bought 10,000 Shares

CFO and Chief Investment Officer of Digital Realty Trust Inc. (DLR) A. William Stein bought 10,000 shares on 09/10/2013 at an average price of $52.94.

Digital Realty Trust Inc. has a market cap of $7 billion; its shares were traded at around $54.35 with a P/E ratio of 37.88 and P/S ratio of 4.82. The dividend yield of Digital Realty Trust Inc. stocks is 5.63%. Digital Realty Trust Inc. had an annual average earnings growth of 12.1% over the past five years.

On July 26, 2013 Digital Realty Trust Inc. announced financial results for the second quarter of 2013. All per share results are on a diluted share and unit basis. Net income for the second quarter of 2013 was $59.6 million, compared to $51.7 million for the first quarter of 2013 and $54.0 million for the second quarter of 2012. Net income available to common stockholders in the second quarter of 2013 was $47.1 million, or $0.37 per share, compared to $42.7 million, or $0.34 per share, in the first quarter of 2013, and $42.0 million, or $0.38 per share, in the second quarter of 2012.

Chief Technology Officer James M. Smith sold 5,080 shares of DLR stock on 04/30/2013 at the average price of $69.87. James M. Smith owns at least 8,830 shares after this. The price of the stock has decreased by 22.21% since.

Illinois Tool Works Inc. (ITW): SVP and CFO Michael M. Larsen Bought 7,000 Shares

SVP and CFO of Illinois Tool Works Inc. (ITW) Michael M. Larsen bought 7,000 shares on 09/11/2013 at an average price of $74.25.

Illinois Tool Works Inc. has a market cap of $33.31 billion; its shares were traded at around $74.37 with a P/E ratio of 14.04 and P/S ratio of 2.02. The dividend yield of Illinois Tool Works Inc stocks is 2.04%. Illinois Tool Works Inc had an annual average earnings growth of 7.4% over the past 10 years. GuruFocus rated Illinois Tool Works Inc. the business predictability rank of 3-star.

On July 23, 2013, Illinois Tool Works Inc. reported second quarter 2013 diluted earnings per share (EPS) from continuing operations of $1.03. This included $0.05 of EPS dilution due to a pension settlement charge primarily related to the exit of Decorative Surfaces employees from the ITW pension plan. Excluding the pension settlement charge, second quarter adjusted EPS of $1.08 was six percent higher than adjusted second quarter 2012 earnings and met the company's forecast. Reconciliations of GAAP to adjusted results, which exclude the pension settlement charge and the 2012 impact of the now divested Decorative Aurfaces segment, are included in the attached exhibits.

Vice Chairman David C. Parry sold 35,000 shares of ITW stock on 06/05/2013 at the average price of $69.31. David C. Parry owns at least 6,363 shares after this. The price of the stock has increased by 7.3% since.

For the complete list of stocks that were bought by their CFOs, go to: Insider Buys.
  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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