Like many other value investors, Glenn Greenberg is buying, except when he buys, he bets the farm on it. He puts $3.9 billion in 10 stocks, with Comcast Corp. as a quarter of the portfolio. These are the details of the buys and sells.
Glenn Greenberg buys IngersollRand Company Ltd., Dell Inc. Comcast Corp. reduces Laboratory Corp. of America during the 3-months ended 03/31/2008, according to the most recent filings of his investment company, Chieftain Capital Management Inc. Glenn Greenberg owns 10 stocks with a total value of $3.9 billion. These are the details of the buys and sells.
New Purchases: DELL, IR,
Added Positions: AMX, CMCSA, RYAAY, XTEX,
Reduced Positions: LH,
For the details of Glenn Greenberg's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Glenn+Greenberg
Added: America Movil S.A.B. de C.V. (AMX, Financial)
Glenn Greenberg added to his holdings in America Movil S.A.B. de C.V. by 794.01%. His purchase prices were between $52.7 and $61.76, with an estimated average price of $58.9. The impact to his portfolio due to this purchase was 5.98%. His holdings were 4,103,525 shares as of 03/31/2008.
America Movil, S.A.B de C.V., through its subsidiaries, provides wireless and fixed communications services in Latin America. It provides fixed-line, wireless, and cellular telecommunications service under the brand names Telcel, America Movil S.A.B. de C.V. has a market cap of $99.19 billion; its shares were traded at around $58.25 with a P/E ratio of 18.20 and P/S ratio of 3.27. The dividend yield of America Movil S.A.B. de C.V. stocks is 3.9%.
Added: Ryanair Holdings plc (RYAAY, Financial)
Glenn Greenberg added to his holdings in Ryanair Holdings plc by 31.05%. His purchase prices were between $27.2 and $34.47, with an estimated average price of $30.7. The impact to his portfolio due to this purchase was 2.75%. His holdings were 15,941,975 shares as of 03/31/2008.
Ryanair Holdings plc provides scheduled airline service across a European route network. As of August 31, 2007, the company's operating fleet comprised 137 Boeing 737-800 aircraft. Ryanair Holdings plc has a market cap of $8.24 billion; its shares were traded at around $27.86 with a P/E ratio of 10.74 and P/S ratio of 2.06.
Added: Crosstex Energy L.P. Ltd. Partnership In (XTEX, Financial)
Glenn Greenberg added to his holdings in Crosstex Energy L.P. Ltd. Partnership In by 580.61%. His purchase prices were between $29.19 and $31.11, with an estimated average price of $30.5. The impact to his portfolio due to this purchase was 2.18%. His holdings were 3,228,041 shares as of 03/31/2008.
Crosstex Energy, L.P., through its subsidiaries, operates as an independent midstream energy company. The company operates in two segments, Midstream and Treating. Crosstex Energy L.P. Ltd. Partnership In has a market cap of $1.46 billion; its shares were traded at around $32.5 with P/S ratio of 0.38. The dividend yield of Crosstex Energy L.P. Ltd. Partnership In stocks is 7.6%.
Added: Comcast Corp. (CMCSA, Financial)
Glenn Greenberg added to his holdings in Comcast Corp. by 32.7%. His purchase prices were between $16.78 and $20.12, with an estimated average price of $18.4. The impact to his portfolio due to this purchase was 0.52%. His holdings were 4,220,152 shares as of 03/31/2008.
Comcast Corporation, together with its subsidiaries, operates as a cable operator in the United States. It offers various consumer entertainment and communication products and services. Comcast Corp. has a market cap of $65.38 billion; its shares were traded at around $22.54 with a P/E ratio of 27.53 and P/S ratio of 2.09. The dividend yield of Comcast Corp. stocks is 1.1%.
New Purchase: IngersollRand Company Ltd. (IR, Financial)
Glenn Greenberg initiated holdings in IngersollRand Company Ltd.. His purchase prices were between $36.81 and $43.64, with an estimated average price of $40.4. The impact to his portfolio due to this purchase was 10.68%. His holdings were 9,297,875 shares as of 03/31/2008.
Ingersoll-Rand Company Limited, together with its subsidiaries, designs, manufactures, sells, and services a range of industrial and commercial products in the United States and internationally. IngersollRand Company Ltd. has a market cap of $12.67 billion; its shares were traded at around $44.74 with a P/E ratio of 3.35 and P/S ratio of 1.38. The dividend yield of IngersollRand Company Ltd. stocks is 1.7%.
New Purchase: Dell Inc. (DELL, Financial)
Glenn Greenberg initiated holdings in Dell Inc.. His purchase prices were between $19.35 and $22.09, with an estimated average price of $20.1. The impact to his portfolio due to this purchase was 9.5%. His holdings were 18,524,475 shares as of 03/31/2008.
Dell, Inc. and its subsidiaries engage in the design, development, manufacture, marketing, sale, and support of computer systems and services worldwide. Dell Inc. has a market cap of $43.52 billion; its shares were traded at around $20.63 with a P/E ratio of 16.24 and P/S ratio of 0.69.
Reduced: Laboratory Corp. of America Holdings (LH, Financial)
Glenn Greenberg reduced to his holdings in Laboratory Corp. of America Holdings by 26.31%. His sale prices were between $73 and $79.76, with an estimated average price of $76.2. The impact to his portfolio due to this sale was 8.68%. Glenn Greenberg still held 5,776,121 shares as of 03/31/2008.
Laboratory Corporation of America Holdings, together with its subsidiaries, operates as an independent clinical laboratory company in the United States. Laboratory Corp. of America Holdings has a market cap of $8.45 billion; its shares were traded at around $76.08 with a P/E ratio of 18.58 and P/S ratio of 2.03.
Glenn Greenberg buys IngersollRand Company Ltd., Dell Inc. Comcast Corp. reduces Laboratory Corp. of America during the 3-months ended 03/31/2008, according to the most recent filings of his investment company, Chieftain Capital Management Inc. Glenn Greenberg owns 10 stocks with a total value of $3.9 billion. These are the details of the buys and sells.
New Purchases: DELL, IR,
Added Positions: AMX, CMCSA, RYAAY, XTEX,
Reduced Positions: LH,
For the details of Glenn Greenberg's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Glenn+Greenberg
Added: America Movil S.A.B. de C.V. (AMX, Financial)
Glenn Greenberg added to his holdings in America Movil S.A.B. de C.V. by 794.01%. His purchase prices were between $52.7 and $61.76, with an estimated average price of $58.9. The impact to his portfolio due to this purchase was 5.98%. His holdings were 4,103,525 shares as of 03/31/2008.
America Movil, S.A.B de C.V., through its subsidiaries, provides wireless and fixed communications services in Latin America. It provides fixed-line, wireless, and cellular telecommunications service under the brand names Telcel, America Movil S.A.B. de C.V. has a market cap of $99.19 billion; its shares were traded at around $58.25 with a P/E ratio of 18.20 and P/S ratio of 3.27. The dividend yield of America Movil S.A.B. de C.V. stocks is 3.9%.
Added: Ryanair Holdings plc (RYAAY, Financial)
Glenn Greenberg added to his holdings in Ryanair Holdings plc by 31.05%. His purchase prices were between $27.2 and $34.47, with an estimated average price of $30.7. The impact to his portfolio due to this purchase was 2.75%. His holdings were 15,941,975 shares as of 03/31/2008.
Ryanair Holdings plc provides scheduled airline service across a European route network. As of August 31, 2007, the company's operating fleet comprised 137 Boeing 737-800 aircraft. Ryanair Holdings plc has a market cap of $8.24 billion; its shares were traded at around $27.86 with a P/E ratio of 10.74 and P/S ratio of 2.06.
Added: Crosstex Energy L.P. Ltd. Partnership In (XTEX, Financial)
Glenn Greenberg added to his holdings in Crosstex Energy L.P. Ltd. Partnership In by 580.61%. His purchase prices were between $29.19 and $31.11, with an estimated average price of $30.5. The impact to his portfolio due to this purchase was 2.18%. His holdings were 3,228,041 shares as of 03/31/2008.
Crosstex Energy, L.P., through its subsidiaries, operates as an independent midstream energy company. The company operates in two segments, Midstream and Treating. Crosstex Energy L.P. Ltd. Partnership In has a market cap of $1.46 billion; its shares were traded at around $32.5 with P/S ratio of 0.38. The dividend yield of Crosstex Energy L.P. Ltd. Partnership In stocks is 7.6%.
Added: Comcast Corp. (CMCSA, Financial)
Glenn Greenberg added to his holdings in Comcast Corp. by 32.7%. His purchase prices were between $16.78 and $20.12, with an estimated average price of $18.4. The impact to his portfolio due to this purchase was 0.52%. His holdings were 4,220,152 shares as of 03/31/2008.
Comcast Corporation, together with its subsidiaries, operates as a cable operator in the United States. It offers various consumer entertainment and communication products and services. Comcast Corp. has a market cap of $65.38 billion; its shares were traded at around $22.54 with a P/E ratio of 27.53 and P/S ratio of 2.09. The dividend yield of Comcast Corp. stocks is 1.1%.
New Purchase: IngersollRand Company Ltd. (IR, Financial)
Glenn Greenberg initiated holdings in IngersollRand Company Ltd.. His purchase prices were between $36.81 and $43.64, with an estimated average price of $40.4. The impact to his portfolio due to this purchase was 10.68%. His holdings were 9,297,875 shares as of 03/31/2008.
Ingersoll-Rand Company Limited, together with its subsidiaries, designs, manufactures, sells, and services a range of industrial and commercial products in the United States and internationally. IngersollRand Company Ltd. has a market cap of $12.67 billion; its shares were traded at around $44.74 with a P/E ratio of 3.35 and P/S ratio of 1.38. The dividend yield of IngersollRand Company Ltd. stocks is 1.7%.
New Purchase: Dell Inc. (DELL, Financial)
Glenn Greenberg initiated holdings in Dell Inc.. His purchase prices were between $19.35 and $22.09, with an estimated average price of $20.1. The impact to his portfolio due to this purchase was 9.5%. His holdings were 18,524,475 shares as of 03/31/2008.
Dell, Inc. and its subsidiaries engage in the design, development, manufacture, marketing, sale, and support of computer systems and services worldwide. Dell Inc. has a market cap of $43.52 billion; its shares were traded at around $20.63 with a P/E ratio of 16.24 and P/S ratio of 0.69.
Reduced: Laboratory Corp. of America Holdings (LH, Financial)
Glenn Greenberg reduced to his holdings in Laboratory Corp. of America Holdings by 26.31%. His sale prices were between $73 and $79.76, with an estimated average price of $76.2. The impact to his portfolio due to this sale was 8.68%. Glenn Greenberg still held 5,776,121 shares as of 03/31/2008.
Laboratory Corporation of America Holdings, together with its subsidiaries, operates as an independent clinical laboratory company in the United States. Laboratory Corp. of America Holdings has a market cap of $8.45 billion; its shares were traded at around $76.08 with a P/E ratio of 18.58 and P/S ratio of 2.03.
