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Tom Gayner Buys Emerson Electric Co., The Walt Disney Company Disney, Cohen & Steers Inc., Sells Tiffany & Co., MBIA Inc., UMH Properties Inc

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Tom Gayner is the Chief Investment Officer of Markel Corp. There were rumors that he might be a candidate for Warren Buffett's CIO. Similar to Buffett, Gayner invests the float of insurance business. Tom Gayner owns 80 stocks with a total value of $1.8 billion. These are the details of the buys and sells.

Tom Gayner buys Emerson Electric Co., The Walt Disney Company Disney, Cohen & Steers Inc., Fortune Brands Inc., SAP Aktiengesellschaft, CB Richard Ellis Group Inc., Accenture Ltd, Yum! Brands Inc., sells Tiffany & Co., MBIA Inc., UMH Properties Inc during the 3-months ended 03/31/2008, according to the most recent filings of his investment company, Markel Gayner Asset Management Corp. Tom Gayner owns 80 stocks with a total value of $1.8 billion. These are the details of the buys and sells.

For the details of 's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Tom Gayner

Added: Marriott International Inc. (MAR)

Tom Gayner added to his holdings in Marriott International Inc. by 16.61%. His purchase prices were between $31.59 and $37.24, with an estimated average price of $34. The impact to his portfolio due to this purchase was 0.34%. His holdings were 1,262,646 shares as of 03/31/2008.

Marriott International, Inc., a hospitality company, operates and franchises hotels and related lodging facilities worldwide. It develops, operates, and franchises hotels and corporate housing properties under 15 brand names. Marriott International Inc. has a market cap of $13.01 billion; its shares were traded at around $35.87 with a P/E ratio of 22.45 and P/S ratio of 0.97. The dividend yield of Marriott International Inc. stocks is 1%.

Added: Lowe's Companies Inc. (LOW)

Tom Gayner added to his holdings in Lowe's Companies Inc. by 66.97%. His purchase prices were between $20.16 and $25.47, with an estimated average price of $22.8. The impact to his portfolio due to this purchase was 0.13%. His holdings were 256,800 shares as of 03/31/2008.

Lowe's Companies, Inc. and its subsidiaries operate as a home improvement retailer in the United States and Canada. The company provides a range of products and services for home decoration, maintenance, repair, remodeling, and property maintenance. Lowe's Companies Inc. has a market cap of $36.09 billion; its shares were traded at around $24.2 with a P/E ratio of 13.25 and P/S ratio of 0.73. The dividend yield of Lowe's Companies Inc. stocks is 1.3%.

Added: Intel Corp. (INTC)

Tom Gayner added to his holdings in Intel Corp. by 41.69%. His purchase prices were between $18.77 and $22.4, with an estimated average price of $20.5. The impact to his portfolio due to this purchase was 0.07%. His holdings were 207,642 shares as of 03/31/2008.

Intel Corp. has a market cap of $124.77 billion; its shares were traded at around $23.37 with a P/E ratio of 20.70 and P/S ratio of 3.15. The dividend yield of Intel Corp. stocks is 2.4%.

Added: Brookfield Infrastructure Partners L.P. (BIP)

Tom Gayner added to his holdings in Brookfield Infrastructure Partners L.P. by 88.2%. His purchase prices were between $15.52 and $20.42, with an estimated average price of $18.3. The impact to his portfolio due to this purchase was 0.03%. His holdings were 61,492 shares as of 03/31/2008.

Brookfield Infrastructure Partners L.P. engages in the ownership and operation of electricity transmission systems and timberlands in North and South America. Brookfield Infrastructure Partners L.P. has a market cap of $N/A million; its shares were traded at around $20.5 . The dividend yield of Brookfield Infrastructure Partners L.P. stocks is 0.5%.

New Purchase: Emerson Electric Co. (EMR)

Tom Gayner initiated holdings in Emerson Electric Co.. His purchase prices were between $48.64 and $53.54, with an estimated average price of $50.8. The impact to his portfolio due to this purchase was 0.28%. His holdings were 98,300 shares as of 03/31/2008.

Emerson Electric Co., a diversified global technology company, engages in designing and supplying product technology and delivering engineering services to industrial and commercial, and consumer markets worldwide. Emerson Electric Co. has a market cap of $44.17 billion; its shares were traded at around $54.18 with a P/E ratio of 19.95 and P/S ratio of 1.84. The dividend yield of Emerson Electric Co. stocks is 2.2%.

New Purchase: The Walt Disney Company Disney (DIS)

Tom Gayner initiated holdings in The Walt Disney Company Disney. His purchase prices were between $28.51 and $32.57, with an estimated average price of $31. The impact to his portfolio due to this purchase was 0.22%. His holdings were 124,175 shares as of 03/31/2008.

The Walt Disney Company Disney has a market cap of $65.47 billion; its shares were traded at around $34.3 with a P/E ratio of 16.76 and P/S ratio of 1.78. The dividend yield of The Walt Disney Company Disney stocks is 1%.

New Purchase: Cohen & Steers Inc. (CNS)

Tom Gayner initiated holdings in Cohen & Steers Inc.. His purchase prices were between $22.59 and $28.6, with an estimated average price of $25.3. The impact to his portfolio due to this purchase was 0.1%. His holdings were 65,800 shares as of 03/31/2008.

Cohen & Steers, Inc., together with its subsidiaries, manages high-income equity portfolios in the United States. The company specializes in the United States real estate investment trusts, international real estate securities, etc. Cohen & Steers Inc. has a market cap of $1.32 billion; its shares were traded at around $30.42 with a P/E ratio of 20.24 and P/S ratio of 4.92. The dividend yield of Cohen & Steers Inc. stocks is 2.9%.

New Purchase: Fortune Brands Inc. (FO)

Tom Gayner initiated holdings in Fortune Brands Inc.. His purchase prices were between $63.23 and $70.71, with an estimated average price of $65.9. The impact to his portfolio due to this purchase was 0.1%. His holdings were 25,000 shares as of 03/31/2008.

Fortune Brands, Inc., through its subsidiaries, engages in the manufacture, production, and sale of spirits, home and hardware products, and golf products. Fortune Brands Inc. has a market cap of $10.76 billion; its shares were traded at around $68.96 with a P/E ratio of 14.33 and P/S ratio of 1.33. The dividend yield of Fortune Brands Inc. stocks is 2.4%.

New Purchase: SAP Aktiengesellschaft (SAP)

Tom Gayner initiated holdings in SAP Aktiengesellschaft. His purchase prices were between $45.77 and $49.52, with an estimated average price of $48.2. The impact to his portfolio due to this purchase was 0.08%. His holdings were 30,000 shares as of 03/31/2008.

SAP AG, together with its subsidiaries, develops, markets, and sells enterprise application software products for corporations, government agencies, and educational institutions in Europe, the Middle East, Africa, North America and Latin America, etc. SAP Aktiengesellschaft has a market cap of $59.67 billion; its shares were traded at around $48.72 with a P/E ratio of 20.96 and P/S ratio of 3.57. The dividend yield of SAP Aktiengesellschaft stocks is 1%.

New Purchase: CB Richard Ellis Group Inc. (CBG)

Tom Gayner initiated holdings in CB Richard Ellis Group Inc.. His purchase prices were between $16.44 and $21.01, with an estimated average price of $19. The impact to his portfolio due to this purchase was 0.06%. His holdings were 50,000 shares as of 03/31/2008.

CB Richard Ellis Group, Inc., through its subsidiaries, operates as a commercial real estate services company worldwide. It provides advisory services, which include real estate services, such as strategic advice and execution to owners, etc. CB Richard Ellis Group Inc. has a market cap of $4.57 billion; its shares were traded at around $22.15 with a P/E ratio of 12.84 and P/S ratio of 0.74.

New Purchase: Accenture Ltd (ACN)

Tom Gayner initiated holdings in Accenture Ltd. His purchase prices were between $32.79 and $35.32, with an estimated average price of $34.2. The impact to his portfolio due to this purchase was 0.06%. His holdings were 30,000 shares as of 03/31/2008.

Accenture, Ltd. operates as a management consulting, technology services, and outsourcing company. Its management consulting services include customer relationship management; finance and performance management, Accenture Ltd has a market cap of $22.48 billion; its shares were traded at around $37.75 with a P/E ratio of 16.68 and P/S ratio of 0.96. The dividend yield of Accenture Ltd stocks is 1.1%.

New Purchase: Yum! Brands Inc. (YUM)

Tom Gayner initiated holdings in Yum! Brands Inc.. His purchase prices were between $33.26 and $37.25, with an estimated average price of $35.4. The impact to his portfolio due to this purchase was 0.05%. His holdings were 24,800 shares as of 03/31/2008.

Yum! Brands, Inc. operates as a quick service restaurant company. It develops, operates, franchises, and licenses a system of restaurants, which prepare, package, and sell various priced food items. Yum! Brands Inc. has a market cap of $19.23 billion; its shares were traded at around $39.74 with a P/E ratio of 22.17 and P/S ratio of 1.78. The dividend yield of Yum! Brands Inc. stocks is 1.9%.

Added: Brookfield Asset Management Inc. Ltd. (BAM)

Tom Gayner added to his holdings in Brookfield Asset Management Inc. Ltd. by 43.4%. His purchses prices were between $26.68 and $34.25, with an estimated average price of $30.2. The impact to his portfolio due to this sale was 1.91%. Tom Gayner owns 1,849,289 shares as of 03/31/2008.

Brookfield Asset Management Inc. is a publicly owned asset management holding company with approximately $50 billion in assets under management. Through its subsidiaries the firm invests in the property, power, and infrastructure sectors. Brookfield Asset Management Inc. Ltd. has a market cap of $21.89 billion; its shares were traded at around $35.15 with a P/E ratio of 28.69 and P/S ratio of 1.96. The dividend yield of Brookfield Asset Management Inc. Ltd. stocks is 1.5%.

Reduced: Altria Group Inc. (MO)

Tom Gayner reduced to his holdings in Altria Group Inc. by 50%. His sale prices were between $21.67 and $24.12, with an estimated average price of $22.6. The impact to his portfolio due to this sale was 0.09%. Tom Gayner still held 116,700 shares as of 03/31/2008.

Altria Group, Inc., through its subsidiaries, engages in the manufacture and sale of cigarettes and other tobacco products in the United States and internationally. Altria Group Inc. has a market cap of $45.47 billion; its shares were traded at around $20.94 with a P/E ratio of 4.82 and P/S ratio of 1.16. The dividend yield of Altria Group Inc. stocks is 14.1%.

Reduced: International Speedway Corp. (ISCA)

Tom Gayner reduced to his holdings in International Speedway Corp. by 65.22%. His sale prices were between $38.95 and $42.36, with an estimated average price of $40.5. The impact to his portfolio due to this sale was 0.08%. Tom Gayner still held 58,650 shares as of 03/31/2008.

International Speedway Corporation promotes motorsports entertainment activities in the United States. It primarily conducts racing events at its motorsports facilities. International Speedway Corp. has a market cap of $2.2 billion; its shares were traded at around $42.4 with a P/E ratio of 26.21 and P/S ratio of 2.59. The dividend yield of International Speedway Corp. stocks is 0.3%.

Reduced: Friedman Billings Ramsey Group Inc. (FBR)

Tom Gayner reduced to his holdings in Friedman Billings Ramsey Group Inc. by 28.66%. His sale prices were between $1.7 and $3.45, with an estimated average price of $2.7. The impact to his portfolio due to this sale was 0.05%. Tom Gayner still held 690,000 shares as of 03/31/2008.

Friedman, Billings, Ramsey Group, Inc. operates as a real estate investment trust (REIT). The company, through its subsidiaries, provides investment banking, institutional brokerage and research, and asset management and merchant banking services etc. Friedman Billings Ramsey Group Inc. has a market cap of $370.05 million; its shares were traded at around $2.13 with P/S ratio of 1.83. The dividend yield of Friedman Billings Ramsey Group Inc. stocks is 9.3%.

Reduced: Microsoft Corp. (MSFT)

Tom Gayner reduced to his holdings in Microsoft Corp. by 55.13%. His sale prices were between $27.2 and $34.25, with an estimated average price of $29.9. The impact to his portfolio due to this sale was 0.01%. Tom Gayner still held 8,790 shares as of 03/31/2008.

Microsoft Corp. has a market cap of $279.31 billion; its shares were traded at around $29.39 with a P/E ratio of 17.43 and P/S ratio of 4.72. The dividend yield of Microsoft Corp. stocks is 1.5%.

Reduced: Wachovia Corp. (WB)

Tom Gayner reduced to his holdings in Wachovia Corp. by 38.48%. His sale prices were between $25.99 and $38.05, with an estimated average price of $32. The impact to his portfolio due to this sale was 0.01%. Tom Gayner still held 12,797 shares as of 03/31/2008.

Wachovia Corporation, a financial holding company, provides commercial and retail banking services, and other financial services in the United States and internationally. Wachovia Corp. has a market cap of $55.45 billion; its shares were traded at around $27.63 with a P/E ratio of 15.19 and P/S ratio of 2.14. The dividend yield of Wachovia Corp. stocks is 5.4%.

Sold Out: UMH Properties Inc (UMH)

Tom Gayner sold out his holdings in UMH Properties Inc. His sale prices were between $9.9 and $11.38, with an estimated average price of $10.9. The impact to his portfolio due to this sale was less than 0.01%.

UMH Properties, Inc., a real estate investment trust (REIT), engages in the ownership and operation of manufactured home communities. It leases manufactured home spaces to private manufactured home owners, as well as leases homes to residents. UMH Properties Inc has a market cap of $92.71 million; its shares were traded at around $9.75 with a P/E ratio of 34.44 and P/S ratio of 2.70. The dividend yield of UMH Properties Inc stocks is 10.1%.

Sold Out: Tiffany & Co. (TIF)

Tom Gayner sold out his holdings in Tiffany & Co.. His sale prices were between $35.65 and $41.21, with an estimated average price of $38.4. The impact to his portfolio due to this sale was less than 0.01%.

Tiffany & Co., through its subsidiaries, engages in the design, manufacture, and retail of fine jewelry. Its jewelry products include gemstone jewelry and gemstone band rings, diamond rings and wedding bands for brides and grooms, Tiffany & Co. has a market cap of $5.53 billion; its shares were traded at around $42.43 with a P/E ratio of 19.93 and P/S ratio of 1.82. The dividend yield of Tiffany & Co. stocks is 1.4%.

Sold Out: MBIA Inc. (MBI)

Tom Gayner sold out his holdings in MBIA Inc.. His sale prices were between $8.55 and $17.56, with an estimated average price of $13.3. The impact to his portfolio due to this sale was less than 0.01%.

MBIA, Inc. provides financial guarantee insurance and credit protection products, as well as investment management services to public finance and structured finance issuers, investors, and capital market participants worldwide. MBIA Inc. has a market cap of $2.33 billion; its shares were traded at around $9.43 . The dividend yield of MBIA Inc. stocks is 13.1%.

 


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