Weekly highlight of top insider buys: H&R Block Inc. (HRB, Financial), Best Buy Co. Inc. (BBY, Financial), VCA Antech Inc. (WOOF, Financial), NuStar Energy L.P. (NS, Financial), Eagle Materials Inc. (EXP, Financial)
H&R Block Inc. (HRB): Director Richard C Breeden Bought 2,857,143 Shares
H&R Block Inc. is a diversified company involved in tax return preparation electronic filing of income tax returns and other tax-related services. The Company's subsidiaries also offer investment services through broker-dealers originate purchase service sell and securitize mortgages offer personal productivity software purchase participation interests in refund anticipation loans made by a third-party lender and offer accounting tax and consulting services to business clients.
H&R Block Inc. said on Wednesday, October 22 that it plans to raise almost $145 million through a stock sale. H&R Block Inc. said that it will sell about 8.3 million shares at $17.50 a share through subscription agreements with selected institutional investors. Company shares lost $1.03, or 5.7 percent, to $16.94 Wednesday. After deducting expenses, the company said the offering should net up to $141.6 million.
H&R Block Inc. is owned by seven Gurus. As of 6/30/08, Chris Davis owns 45,057,671 shares, which accounts for 1.18% of the $81.83 billion portfolio of Davis Selected Advisers. Jean-Marie Eveillard owns 26,936 shares, which accounts for 0.01% of the $11.2 billion portfolio of Arnhold & S. Bleichroeder Advisers, LLC. Brian Rogers owns 7,500,000 shares, which accounts for 0.81% of the $17.87 billion portfolio of T Rowe Price Equity Income Fund. Brian Rogers owns 6,750,000 shares, which accounts for 0.82% of the $17.87 billion portfolio of T Rowe Price Equity Income Fund. Bill Nygren owns 11,519,600 shares, which accounts for 8.91% of the $6.39 billion portfolio of Oak Mark Fund. Bill Nygren owns 4,558,600 shares, which accounts for 2.69% of the $6.39 billion portfolio of Oak Mark Fund. Charles Brandes owns 1,659,040 shares, which accounts for 0.1% of the $34.8 billion portfolio of Brandes Investment. John Rogers sold out his holdings in the same quarter.
Directors Richard C Breeden and Robert A Gerard bought shares in October; the price per stock has decreased more than 10% since. President, Digital Thomas A Allanson and Director Roger W Hale sold shares of H&R in July; the price per share has decreased more than 8% since.
H&R Block Inc. has a market cap of $6.47 billion; its shares were traded at around $19.72 with P/S ratio of 1.41. The dividend yield of H&R Block Inc. stocks is 3.87%.
Best Buy Co. Inc. (BBY): Chairman, Director Richard M Schulze Bought 1,682,800 Shares
Best Buy operates in a single business segment selling personal computers and other home office products consumer electronics entertainment software major appliances and related accessories principally through its retail stores. They operate retail stores and commercial Websites under the brand names Best Buy Media Play on Cue, Sam Goody, Suncoast, Magnolia, Hi-Fi, and Future Shop.
Best Buy Co. Inc. recently received the Secretary of Labor’s 2008 New Freedom Initiative Award from the U.S. Department of Labor’s Office of Disability Employment Policy in honor of outstanding efforts and commitment to improving the workplace for Best Buy® employees and customers with disabilities. Best Buy Co. Inc. is the first corporation in the state to receive the award.
Best Buy Co. Inc is owned by three Gurus. As of 6/30/08, Chris Davis bought 11,600 shares, which is less than 0.01% of the $81.83 billion portfolio of Davis Selected Advisers. Bill Nygren owns 2,400,000 shares, which accounts for 3.43% of the $6.39 billion portfolio of Oak Mark Fund. PRIMECAP Management owns 4,232,800 shares, which accounts for 0.28% of the $60.81 billion portfolio of PRIMECAP Management. Arnold Schneider sold out his holdings in the same quarter.
CEO-International & CIO Robert A Willett bought 1,800 shares of BBY stock on 10/14/2008 at the average price of $27.6; the price of the stock has decreased by 2.61% since. Director and Secretary, Director Elliot S Kaplan, Director Matthew H Paull, and Chairman, Director Richard M Schulze bought shares of Best Buy Co. Inc. in October; the price per share has decreased more than 10% since. EVP-Strategy & International Kalendu Patel bought 4,260 shares of BBY stock in June; the price of the stock has decreased by 36.35% since.
Best Buy Co. Inc. has a market cap of $11.08 billion; its shares were traded at around $26.88 with a P/E ratio of 8.50 and P/S ratio of 0.24. The dividend yield of Best Buy Co. Inc. stocks is 2.49%.
VCA Antech Inc. (WOOF): Director John M Baumer Bought 1,036,100 Shares
VCA Antech Inc. operates a network of freestanding full-service animal hospitals and also operates a network of veterinary-exclusive diagnostic laboratories.
Veterinary services provider VCA Antech Inc. said on Thursday, October 23 that its third-quarter profit rose 11 percent on higher animal hospital and laboratory revenue. Net income rose to $35.8 million, or 42 cents per share, compared with profit of $32.2 million, or 38 cents per share, during the same period a year prior. Revenue rose 8 percent to $332 million from $306.5 million. The results narrowly missed Wall Street expectations.
VCA Antech Inc. is owned by one Guru. As of 6/30/08, Ron Baron owns 4,236,398 shares, an increase of 44.7% from the previous quarter. This position accounts for 0.7% of the $16.92 billion portfolio of Baron Funds.
Director John M Baumer bought 1,036,100 shares of WOOF stock in October; the price of the stock has increased by 1.74% since. President, Antech Diagnostics Josh Drake, Vice President & Controller Dawn R Olsen, and Director John B Jr Chickering sold shares of WOOF in August; the price per share has decreased more than 40% since.
VCA Antech Inc. has a market cap of $1.55 billion; its shares were traded at around $18.1 with a P/E ratio of 11.78 and P/S ratio of 1.22.
NuStar Energy L.P. (NS): Director William E Greehey Bought 115,800 Shares
Pipeline operator and asphalt refiner NuStar Energy L.P. said on Thursday, October 23 that its third-quarter profit rose more than threefold to a record level on strong asphalt sales and profit margins, and widely beat Wall Street expectations. NuStar Energy L.P. reported net income to limited partners of $141.5 million, or $2.60 per share, for the third quarter of 2008, compared with $45.4 million, or 97 cents per share, in the third quarter of 2007.
NuStar Energy L.P. is owned by two Gurus. As of 6/30/08, Jean-Marie Eveillard bought 28,000 shares, which is 0.01% of the $11.2 billion portfolio of Arnhold & S. Bleichroeder Advisers, LLC. John Keeley bought 4,500 shares, which is less than 0.01% of the $10.95 billion portfolio of Keeley Fund Management.
Directors William E Greehey and Dan J Hill bought shares in October; the price per share has increased more than 9% since. Director Jesse D Bates bought 500 shares of NS stock in September; the price of the stock has increased by 3.57% since.
NuStar Energy L.P. has a market cap of $2.51 billion; its shares were traded at around $46.14 with a P/E ratio of 10.73 and P/S ratio of 0.58. The dividend yield of NuStar Energy L.P. stocks is 9.38%.
Eagle Materials Inc. (EXP): Director Laurence E Hirsch Bought 150,000 Shares
Eagle Materials Inc. is a Dallas-based company that manufactures and distributes cement, gypsum, wall board, recycled paperboard, concrete, and aggregates.
Eagle Materials Inc. reported Monday, October 27, that its fiscal 2009 second-quarter profits were down 55 percent on slower cement, concrete and gypsum wallboard sales. The company reported earnings of $15.6 million, or 36 cents per share, for the quarter ended Sept. 30, compared with $34.5 million, or 73 cents per share, a year earlier.
Eagle Materials Inc. is owned by five Gurus. As of 6/30/08, Ron Baron owns 1,600,000 shares, which position accounts for 0.24% of the $16.92 billion portfolio of Baron Funds. Wallace Weitz owns 720,585 shares, which accounts for 0.63% of the $2.88 billion portfolio of Weitz Wallace R & Co. Steve Mandel owns 4,590,559 shares, which accounts for 1.7% of the $6.82 billion portfolio of Lone Pine Capital. Jean-Marie Eveillard owns 425,060 shares, which accounts for 0.1% of the $11.2 billion portfolio of Arnhold & S. Bleichroeder Advisers, LLC. David Williams owns 900,000 shares, which accounts for 0.22% of the $8.23 billion portfolio of Columbia Value and Restructuring Fund.
Director Laurence E Hirsch bought 150,000 shares of EXP stock in October; the price of the stock has increased by 24.98% since. Vice President & Controller William R Devlin bought 500 shares of EXP stock in June; the price of the stock has decreased by 35.67% since. 10% Owner Pine Capital Llc Lone sold 378,969 shares of EXP stock in September; the price of the stock has decreased by 33.72% since.
Eagle Materials Inc. has a market cap of $771.16 million; its shares were traded at around $17.71 with a P/E ratio of 15.88 and P/S ratio of 1.02. The dividend yield of Eagle Materials Inc. stocks is 5.09%.
H&R Block Inc. (HRB): Director Richard C Breeden Bought 2,857,143 Shares
H&R Block Inc. is a diversified company involved in tax return preparation electronic filing of income tax returns and other tax-related services. The Company's subsidiaries also offer investment services through broker-dealers originate purchase service sell and securitize mortgages offer personal productivity software purchase participation interests in refund anticipation loans made by a third-party lender and offer accounting tax and consulting services to business clients.
H&R Block Inc. said on Wednesday, October 22 that it plans to raise almost $145 million through a stock sale. H&R Block Inc. said that it will sell about 8.3 million shares at $17.50 a share through subscription agreements with selected institutional investors. Company shares lost $1.03, or 5.7 percent, to $16.94 Wednesday. After deducting expenses, the company said the offering should net up to $141.6 million.
H&R Block Inc. is owned by seven Gurus. As of 6/30/08, Chris Davis owns 45,057,671 shares, which accounts for 1.18% of the $81.83 billion portfolio of Davis Selected Advisers. Jean-Marie Eveillard owns 26,936 shares, which accounts for 0.01% of the $11.2 billion portfolio of Arnhold & S. Bleichroeder Advisers, LLC. Brian Rogers owns 7,500,000 shares, which accounts for 0.81% of the $17.87 billion portfolio of T Rowe Price Equity Income Fund. Brian Rogers owns 6,750,000 shares, which accounts for 0.82% of the $17.87 billion portfolio of T Rowe Price Equity Income Fund. Bill Nygren owns 11,519,600 shares, which accounts for 8.91% of the $6.39 billion portfolio of Oak Mark Fund. Bill Nygren owns 4,558,600 shares, which accounts for 2.69% of the $6.39 billion portfolio of Oak Mark Fund. Charles Brandes owns 1,659,040 shares, which accounts for 0.1% of the $34.8 billion portfolio of Brandes Investment. John Rogers sold out his holdings in the same quarter.
Directors Richard C Breeden and Robert A Gerard bought shares in October; the price per stock has decreased more than 10% since. President, Digital Thomas A Allanson and Director Roger W Hale sold shares of H&R in July; the price per share has decreased more than 8% since.
H&R Block Inc. has a market cap of $6.47 billion; its shares were traded at around $19.72 with P/S ratio of 1.41. The dividend yield of H&R Block Inc. stocks is 3.87%.
Best Buy Co. Inc. (BBY): Chairman, Director Richard M Schulze Bought 1,682,800 Shares
Best Buy operates in a single business segment selling personal computers and other home office products consumer electronics entertainment software major appliances and related accessories principally through its retail stores. They operate retail stores and commercial Websites under the brand names Best Buy Media Play on Cue, Sam Goody, Suncoast, Magnolia, Hi-Fi, and Future Shop.
Best Buy Co. Inc. recently received the Secretary of Labor’s 2008 New Freedom Initiative Award from the U.S. Department of Labor’s Office of Disability Employment Policy in honor of outstanding efforts and commitment to improving the workplace for Best Buy® employees and customers with disabilities. Best Buy Co. Inc. is the first corporation in the state to receive the award.
Best Buy Co. Inc is owned by three Gurus. As of 6/30/08, Chris Davis bought 11,600 shares, which is less than 0.01% of the $81.83 billion portfolio of Davis Selected Advisers. Bill Nygren owns 2,400,000 shares, which accounts for 3.43% of the $6.39 billion portfolio of Oak Mark Fund. PRIMECAP Management owns 4,232,800 shares, which accounts for 0.28% of the $60.81 billion portfolio of PRIMECAP Management. Arnold Schneider sold out his holdings in the same quarter.
CEO-International & CIO Robert A Willett bought 1,800 shares of BBY stock on 10/14/2008 at the average price of $27.6; the price of the stock has decreased by 2.61% since. Director and Secretary, Director Elliot S Kaplan, Director Matthew H Paull, and Chairman, Director Richard M Schulze bought shares of Best Buy Co. Inc. in October; the price per share has decreased more than 10% since. EVP-Strategy & International Kalendu Patel bought 4,260 shares of BBY stock in June; the price of the stock has decreased by 36.35% since.
Best Buy Co. Inc. has a market cap of $11.08 billion; its shares were traded at around $26.88 with a P/E ratio of 8.50 and P/S ratio of 0.24. The dividend yield of Best Buy Co. Inc. stocks is 2.49%.
VCA Antech Inc. (WOOF): Director John M Baumer Bought 1,036,100 Shares
VCA Antech Inc. operates a network of freestanding full-service animal hospitals and also operates a network of veterinary-exclusive diagnostic laboratories.
Veterinary services provider VCA Antech Inc. said on Thursday, October 23 that its third-quarter profit rose 11 percent on higher animal hospital and laboratory revenue. Net income rose to $35.8 million, or 42 cents per share, compared with profit of $32.2 million, or 38 cents per share, during the same period a year prior. Revenue rose 8 percent to $332 million from $306.5 million. The results narrowly missed Wall Street expectations.
VCA Antech Inc. is owned by one Guru. As of 6/30/08, Ron Baron owns 4,236,398 shares, an increase of 44.7% from the previous quarter. This position accounts for 0.7% of the $16.92 billion portfolio of Baron Funds.
Director John M Baumer bought 1,036,100 shares of WOOF stock in October; the price of the stock has increased by 1.74% since. President, Antech Diagnostics Josh Drake, Vice President & Controller Dawn R Olsen, and Director John B Jr Chickering sold shares of WOOF in August; the price per share has decreased more than 40% since.
VCA Antech Inc. has a market cap of $1.55 billion; its shares were traded at around $18.1 with a P/E ratio of 11.78 and P/S ratio of 1.22.
NuStar Energy L.P. (NS): Director William E Greehey Bought 115,800 Shares
Pipeline operator and asphalt refiner NuStar Energy L.P. said on Thursday, October 23 that its third-quarter profit rose more than threefold to a record level on strong asphalt sales and profit margins, and widely beat Wall Street expectations. NuStar Energy L.P. reported net income to limited partners of $141.5 million, or $2.60 per share, for the third quarter of 2008, compared with $45.4 million, or 97 cents per share, in the third quarter of 2007.
NuStar Energy L.P. is owned by two Gurus. As of 6/30/08, Jean-Marie Eveillard bought 28,000 shares, which is 0.01% of the $11.2 billion portfolio of Arnhold & S. Bleichroeder Advisers, LLC. John Keeley bought 4,500 shares, which is less than 0.01% of the $10.95 billion portfolio of Keeley Fund Management.
Directors William E Greehey and Dan J Hill bought shares in October; the price per share has increased more than 9% since. Director Jesse D Bates bought 500 shares of NS stock in September; the price of the stock has increased by 3.57% since.
NuStar Energy L.P. has a market cap of $2.51 billion; its shares were traded at around $46.14 with a P/E ratio of 10.73 and P/S ratio of 0.58. The dividend yield of NuStar Energy L.P. stocks is 9.38%.
Eagle Materials Inc. (EXP): Director Laurence E Hirsch Bought 150,000 Shares
Eagle Materials Inc. is a Dallas-based company that manufactures and distributes cement, gypsum, wall board, recycled paperboard, concrete, and aggregates.
Eagle Materials Inc. reported Monday, October 27, that its fiscal 2009 second-quarter profits were down 55 percent on slower cement, concrete and gypsum wallboard sales. The company reported earnings of $15.6 million, or 36 cents per share, for the quarter ended Sept. 30, compared with $34.5 million, or 73 cents per share, a year earlier.
Eagle Materials Inc. is owned by five Gurus. As of 6/30/08, Ron Baron owns 1,600,000 shares, which position accounts for 0.24% of the $16.92 billion portfolio of Baron Funds. Wallace Weitz owns 720,585 shares, which accounts for 0.63% of the $2.88 billion portfolio of Weitz Wallace R & Co. Steve Mandel owns 4,590,559 shares, which accounts for 1.7% of the $6.82 billion portfolio of Lone Pine Capital. Jean-Marie Eveillard owns 425,060 shares, which accounts for 0.1% of the $11.2 billion portfolio of Arnhold & S. Bleichroeder Advisers, LLC. David Williams owns 900,000 shares, which accounts for 0.22% of the $8.23 billion portfolio of Columbia Value and Restructuring Fund.
Director Laurence E Hirsch bought 150,000 shares of EXP stock in October; the price of the stock has increased by 24.98% since. Vice President & Controller William R Devlin bought 500 shares of EXP stock in June; the price of the stock has decreased by 35.67% since. 10% Owner Pine Capital Llc Lone sold 378,969 shares of EXP stock in September; the price of the stock has decreased by 33.72% since.
Eagle Materials Inc. has a market cap of $771.16 million; its shares were traded at around $17.71 with a P/E ratio of 15.88 and P/S ratio of 1.02. The dividend yield of Eagle Materials Inc. stocks is 5.09%.
