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Real Time Trades by Gabelli and Pzena

December 06, 2013 | About:
Sally Jones

Sally Jones

49 followers
According to GuruFocus Real Time Picks, Mario Gabelli of GAMCO Investors and Richard Pzena of Pzena Investment Management just made reductions to major holdings in Telephone and Data Systems Inc. (TDS), Superior Industries International (SUP) and Harte-Hanks Inc. (HHS). Here are the real-time trade details:

Telephone and Data Systems Inc. (TDS)

Up 18% over 12 months, Telephone and Data Systems Inc. has a market cap of $2.89 billion; its shares trade with a P/E ratio of 27.90. The dividend yield is 1.92%.

Founded in 1969, Telephone and Data Systems Inc. is a Fortune 500 company that provides wireless, cable and wireline broadband, TV and voice, and hosted and managed services nationwide to around 6 million customers. The company’s business units are U.S. Cellular, TDS Telecom, TDS Hosted & Managed Services, and Baja Broadband.

The company reported financial results for the third quarter of 2013 with operating revenues of $1.18 billion, down from $1.37 billion for the same quarter a year ago. In the third quarter of 2013, TDS reported a net income (loss) of $(9.5) million and a loss of related diluted earnings per share of $(0.09). In the third quarter of 2012, net income was $29.1 million and earnings per diluted share were $0.26.

Here’s the GuruFocus analysis of TDS, showing four warning signs.

Guru Action: As of Dec. 5, 2013, Mario Gabelli reduced his position by 3.84%, selling shares in the average price range of $26.73 per share. The current share price is around $26.28 with a change from average down 2%. His current shares are 4,803,824.

This trade impacts his portfolio by -0.03%.

In the third quarter of 2013, Gabelli sold 123,285 shares at an average price of $27.50 per share, taking a loss of 3%%.

Over a five-year history, Gabelli has averaged a gain of 0% on 7,667,679 shares bought at an average price of $26.62 per share. He lost 7% selling 2,672,060 shares at an average price of $28.83 per share.

Check out the third quarter guru trades.

Here’s a look at more insider selling.

Tracking historical share price, revenue and net income:

1386356958265.png



Superior Industries International (SUP)
Up 3% over 12 months, Superior Industries Internationalhas a market cap of $530.3 million; shares trade with a P/E ratio of 27.7. The dividend yield is 4.20%.

Superior Industries International(SUP) is the largest aluminum wheel manufacturer in North America, with five plants in the U.S. and Mexico, and an additional plant under construction in Chihuahua , Mexico.

In the third quarter of 2013, the company reported a net income of $5.2 million, up slightly from $15.1 million in the same quarter of 2012. Earnings for the third quarter of 2013 were $0.19 per diluted share, down from $0.55 in the same quarter a year ago.

Here’s the GuruFocus analysis of SUP, showing two good signs and seven warnings.

Guru Action: As of Dec. 5, 2013, Mario Gabelli reduced his position again by 0.5%, selling shares in the average price range of $18.90. The current price is around $19.03 with a change from average up 1%.

This trade follows his most recent reduction as of Nov. 25, 2013. Gabelli reduced his position by 0.81%, selling shares in the average price range of $18.73. This trade follows his add of 6.85% made as of Nov. 7, 2013, buying shares in the average price range of $18.77, making a portfolio impact of 0.02%.

In the third quarter of 2013, Gabelli bought 429,702 shares at an average price of $17.96 per share, for a gain of 7.3%.

Over a five-year history, Gabelli has averaged a gain of 10% on 2,378,298 shares bought at an average price of $17.46 per share. He gained 26% selling 521,400 shares at an average price of $15.34 per share.

The top guru stakeholder, Gabelli’s current shares are 2,349,498 or 8.57% of shares outstanding.

Read more about billionaires trading SUP.

Tracking SUP’s historical share price:

1386356009726.png

Check out Mario Gabelli’s complete portfolio.

Harte-Hanks Inc. (HHS)

Up 49% over 12 months, Harte-Hanks Inc.has a market cap of $493.5 million; its shares trade with a P/E ratio of 28.10. The dividend yield is 4.30%.

Harte-Hanks Inc. is a marketing company that provides marketing services and advertising opportunities. The company manages its operations through two operating segments namely Direct Marketing, which operates both nationally and internationally, and Shoppers, which operates in local and regional markets in California and Florida. Its Direct Marketing services offer integrated, multichannel, data-driven solutions for top brands around the globe.

Here’s the GuruFocus analysis of HHS, showing one good sign and one warning.

Guru Action: As of Nov. 30, 2013, Richard Pzena reduced his position by 5.41%, selling shares in the average price range of $7.96. The current share price is around $7.84 with a change from average down 2%.

This trade impacts his portfolio by -0.01%.

His current shares are 3,058,682.

In the third quarter of 2013, Pzena sold 702,254 shares at an average price of $9.15 per share, for a loss of 13.8%.

Over a five-year history, he has averaged a loss of 32% on 4,465,790 shares bought at an average price of $11.59 per share. He lost 6% selling 1,745,392 shares at an average price of $8.42 per share.

Here’s a look at more guru and insider trading.

Tracking historical share price, revenue and net income:

1386357658975.png

Here’s Richard Pzena’s complete portfolio.



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GuruFocus Real Time Picks reports the stock purchases and sales that Gurus have made within the prior 2 weeks. The report time lag can be as short as 2 days after the date of the transaction. This feature is for Premium Members only.

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About the author:

Sally Jones
Sally Jones writes about Real Time Picks. She says, "I truly enjoy watching the Gurus in realtime and telling their story."

Rating: 4.0/5 (2 votes)

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