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Weekly CEO Buys Highlight: MITT, NLY, OPK, ARCP, HTA

November 18, 2013 | About:
hyperman299

GuruFocus

373 followers
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:



AG Mortgage Investment Trust Inc. (MITT): CEO David N. Roberts Bought 72,697 Shares

CEO of AG Mortgage Investment Trust Inc. (MITT) David N. Roberts bought 72,697 shares on 11/13/2013 at an average price of $16.23. Ag Mortgage Investment Trust Inc. has a market cap of $460.578 million; its shares were traded at around $16.23 with a P/E ratio of 10.30. The dividend yield of Ag Mortgage Investment Trust Inc. stocks is 18.48%.

AG recently reported its third quarter 2013 financial results. The company announced net income of $0.09 per common share, as well as core earnings of $0.45 per share.

Leon Cooperman owns 200,000 shares as of 09/30/2013, a decrease of 25.81% of from the previous quarter. This position accounts for 0.05% of the $6.61 billion portfolio of Omega Advisors.

Director James M. Voss sold 1,000 shares of MITT stock on 11/08/2013 at the average price of $15.84. James M. Voss owns at least 6,833 shares after this. The price of the stock has increased by 2.46% since.

Annaly Capital Management Inc. (NLY): Chairman of Board and CEO Wellington Denahan Bought 93,000 Shares

Chairman of Board and CEO of Annaly Capital Management, Inc. (NLY) Wellington Denahan bought 93,000 shares on 11/08/2013 at an average price of $10.73. Annaly Capital Management, Inc. has a market cap of $10.17 billion; its shares were traded at around $10.73 with a P/E ratio of 3.20 and P/S ratio of 2.88. The dividend yield of Annaly Capital Management, Inc. stocks is 15.38%.

NLY recently reported its third quarter 2013 financial results. GAAP net income for the quarter ended September 30, 2013 was $192.5 million or $0.18 per average common share as compared to GAAP net income of $1.6 billion or $1.71 per average common share for the quarter ended June 30, 2013, and GAAP net income of $224.8 million or $0.22 per average common share for the quarter ended September 30, 2012.

Ray Dalio owns 438,323 shares as of 09/30/2013, an increase of 206.33% from the previous quarter. This position accounts for 0.043% of the $11.87 billion portfolio of Bridgewater Associates. Chuck Akre owns 49,084 shares as of 09/30/2013, an increase of 46.92% from the previous quarter. This position accounts for 0.024% of the $2.34 billion portfolio of Akre Capital Management LLC.

President Kevin Keyes bought 100,000 shares of NLY stock on 11/12/2013 at the average price of $10.43. Kevin Keyes owns at least 300,000 shares after this. The price of the stock has increased by 2.88% since.

Opko Health Inc. (OPK): CEO and Chairman, 10% Owner Phillip Md Et Al Frost Bought 91,400 Shares

CEO & Chairman, 10% Owner of Opko Health Inc. (OPK) Phillip Md Et Al Frost bought 91,400 shares during the past week at an average price of $10.05. Opko Health Inc. has a market cap of $4.1 billion; its shares were traded at around $10.05 with and P/S ratio of 34.66.

Opko Health recently reported its third quarter 2013 financial results. Consolidated revenues nearly doubled to $20.6 million during the three months ended September 30, 2013 from $11.8 million in the prior year period. Consolidated revenue more than doubled to $75.8 million during the nine months ended Sept. 30, 2013 from $30.8 million in the prior year period.

George Soros bought 745,000 shares in the quarter that ended on 09/30/2013, which is 0.072% of the $9.14 billion portfolio of Soros Fund Management LLC. Mario Gabelli owns 15,000 shares as of 09/30/2013, which accounts for 0.0008% of the $17.03 billion portfolio of GAMCO Investors.

American Realty Capital Properties Inc. (ARCP): Chairman of the BoD and CEO Nicholas S. Schorsch Bought 30,000 Shares

Chairman of the BoD and CEO of American Realty Capital Properties Inc (ARCP) Nicholas S Schorsch bought 30,000 shares on 11/15/2013 at an average price of $13.25. American Realty Capital Properties Inc has a market cap of $2.46 billion; its shares were traded at around $13.25 . The dividend yield of American Realty Capital Properties Inc stocks is 6.80%.

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 decreased by 3.5% since.

Healthcare Trust of America Inc. (HTA): CEO Scott D. Peters Bought 17,500 Shares

CEO of Healthcare Trust of America Inc. (HTA) Scott D. Peters bought 17,500 shares during the past week at an average price of $10.64. Healthcare Trust of America Inc. has a market cap of $2.52 billion; its shares were traded at around $10.64 with a P/E ratio of 131.40 and P/S ratio of 7.65. The dividend yield of Healthcare Trust of America Inc. stocks is 5.40%.

HTA recently reported its third quarter 2013 financial results. The company announced FFO of $0.15 per diluted share, or $34.4 million, an increase of $0.03 per diluted share, compared to third quarter 2012.

John Keeley owns 39,380 shares as of 09/30/2013, an increase of 26.58% from the previous quarter. This position accounts for 0.0076% of the $5.43 billion portfolio of Keeley Fund Management.

CFO Kellie S. Pruitt bought 5,000 shares of HTA stock on 08/16/2013 at the average price of $10.27. Kellie S. Pruitt owns at least 196,464 shares after this. The price of the stock has increased by 3.6% since.


Rating: 3.0/5 (2 votes)

Comments

JoeDaWealthManager
JoeDaWealthManager premium member - 1 year ago
Wonder why all the insiders and hedge funds are buying? Mortgage market slowdown overblown? All bad news priced in? Interest rate spreads not contracting? Economy too weak to withstand QE taper?

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