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Michael Price Q1 Portfolio Update: Buys CF Industries Holdings Inc., Terra Industries Inc., Telephone And Data Systems Inc, Sells Bancorp Rhode Island Inc., Forest City Enterprises Inc.

insider

Michael Price likes to invest in small caps. It was said that he influenced Seth Klarman and David Winters in their way of investing. This is the portfolio update of MFP Investors LLC, most of it is Michael Price's own money.. Michael Price owns 89 stocks with a total value of $178 million. These are the details of the buys and sells.

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

This is the sector weightings of Michael Price's portfolio:

Technology 1.2% 1.2%
Financials 28.8% 28.8%
Utilities 4.8% 4.8%
Telecommunications 2.2% 2.2%
Consumer Services 12.8% 12.8%
Health Care 3.1% 3.1%
Consumer Goods 5.2% 5.2%
Industrials 13.8% 13.8%
Basic Materials 9.8% 9.8%
Oil & Gas 15.1% 15.1%


These are the top 5 holdings of Michael Price

  1. ConocoPhillips (COP) - 346,500 shares, 7.6% of the total portfolio
  2. CF Industries Holdings Inc. (CF) - 100,000 shares, 3.98% of the total portfolio
  3. Kaiser Aluminum Corp. (KALU) - 260,000 shares, 3.37% of the total portfolio
  4. Louisiana Bancorp Inc. (LABC) - 467,100 shares, 3.35% of the total portfolio
  5. IngersollRand Company Ltd. (IR) - 396,034 shares, 3.06% of the total portfolio

Added: ConocoPhillips (COP)

Michael Price added to his holdings in ConocoPhillips by 40.57%. His purchase prices were between $35.36 and $51.41, with an estimated average price of $42.8. The impact to his portfolio due to this purchase was 2.19%. His holdings were 346,500 shares as of 03/31/2009.

ConocoPhillips is a major international integrated energy company with operations in some 49 countries. ConocoPhillips has a market cap of $65.03 billion; its shares were traded at around $43.93 with a P/E ratio of 5.03 and P/S ratio of 0.27. The dividend yield of ConocoPhillips stocks is 4.28%. ConocoPhillips had an annual average earning growth of 19% over the past 10 years.

Added: GulfMark Offshore Inc. (GLF)

Michael Price added to his holdings in GulfMark Offshore Inc. by 103.21%. His purchase prices were between $16.33 and $26.47, with an estimated average price of $23.3. The impact to his portfolio due to this purchase was 1.16%. His holdings were 171,100 shares as of 03/31/2009.

GulfMark Offshore Inc. is a corporation that provides offshore marine services primarily to companies involved in offshore exploration and production of oil and natural gas. Their vessels transport drilling materials supplies and personnel to offshore facilities as well as move and position drilling structures. GulfMark Offshore Inc. has a market cap of $687.06 million; its shares were traded at around $27.07 with a P/E ratio of 3.98 and P/S ratio of 1.67. GulfMark Offshore Inc. had an annual average earning growth of 38.2% over the past 5 years.

Added: Harris Corp. (HRS)

Michael Price added to his holdings in Harris Corp. by 428.46%. His purchase prices were between $29.22 and $44.6, with an estimated average price of $37.6. The impact to his portfolio due to this purchase was 0.85%. His holdings were 65,000 shares as of 03/31/2009.

Harris Corporation is an international company focused on communicationsequipment for voice data and video applications. The company structures its operations around five operating divisions which divisions have been organized on the basis of specific communications technology and markets. For the most part each operating division has its own marketingengineering manufacturing and service organization. The company produces most of the products it sells except for certain broadcast products sold by the Broadcast Communications Division. Harris Corp. has a market cap of $3.97 billion; its shares were traded at around $29.68 with a P/E ratio of 7.55 and P/S ratio of 0.75. The dividend yield of Harris Corp. stocks is 2.7%. Harris Corp. had an annual average earning growth of 21.3% over the past 10 years.

Added: Arkansas Best Corp. (ABFS)

Michael Price added to his holdings in Arkansas Best Corp. by 28.75%. His purchase prices were between $17.08 and $26.07, with an estimated average price of $21.4. The impact to his portfolio due to this purchase was 0.68%. His holdings were 285,700 shares as of 03/31/2009.

Arkansas Best Corporation is a diversified holding company engaged through its motor carrier subsidiaries in less-than-truckload and truckload shipments of general commodities through its freight forwarding and logistics subsidiaries in intermodal marketing and freight logistics services. Arkansas Best Corp. has a market cap of $617.2 million; its shares were traded at around $24.4 with a P/E ratio of 50.83 and P/S ratio of 0.34. The dividend yield of Arkansas Best Corp. stocks is 2.46%. Arkansas Best Corp. had an annual average earning growth of 1.2% over the past 10 years.

Added: M & F Worldwide Corp. (MFW)

Michael Price added to his holdings in M & F Worldwide Corp. by 103.95%. His purchase prices were between $8.5 and $14.47, with an estimated average price of $10.8. The impact to his portfolio due to this purchase was 0.52%. His holdings were 155,000 shares as of 03/31/2009.

M & F Worldwide is the world's largest producer of licorice extract and the leading designer manufacturer and supplier of high precision camera systems for the movie and television industries. M & F Worldwide Corp. has a market cap of $290.59 million; its shares were traded at around $15.03 with a P/E ratio of 3.57 and P/S ratio of 0.15. M & F Worldwide Corp. had an annual average earning growth of 14.1% over the past 10 years.

Added: Herley Industries Inc. (HRLY)

Michael Price added to his holdings in Herley Industries Inc. by 135.79%. His purchase prices were between $8.14 and $13.21, with an estimated average price of $11.2. The impact to his portfolio due to this purchase was 0.43%. His holdings were 112,000 shares as of 03/31/2009.

Herley Industries Inc. is engaged in the design development and manufacture of flight instrumentation components and systems and microwave products sold primarily to the U.S. government foreign governments and aerospace companies. Flight instrumentation products include command and control systems transponders flight termination receivers telemetry transmitters and receivers pulse code modulator encoders and scoring systems. Herley Industries Inc. has a market cap of $135.45 million; its shares were traded at around $9.99 with a P/E ratio of 27 and P/S ratio of 0.89.

Added: HearstArgyle Television Inc. (HTV)

Michael Price added to his holdings in HearstArgyle Television Inc. by 62.57%. His purchase prices were between $1.71 and $6.2, with an estimated average price of $3.4. The impact to his portfolio due to this purchase was 0.41%. His holdings were 458,600 shares as of 03/31/2009.

Hearst-Argyle Television owns and/or manages television stations and several radio stations in geographically diverse U.S. markets. The company is one of largest U.S. television station groups not primarily aligned with a single network as well as one of the largest television groups overall as measured by audience delivered. The company also is in the convergence of broadcast television and interactivity and is engaged in partnerships with several fast-growing interactive-media companies. (Company Press Release) HearstArgyle Television Inc. has a market cap of $420.59 million; its shares were traded at around $4.49 with a P/E ratio of 9.55 and P/S ratio of 0.58. HearstArgyle Television Inc. had an annual average earning growth of 1.6% over the past 10 years.

Added: Encore Capital Group Inc (ECPG)

Michael Price added to his holdings in Encore Capital Group Inc by 28.89%. His purchase prices were between $2.92 and $7.51, with an estimated average price of $4.9. The impact to his portfolio due to this purchase was 0.37%. His holdings were 647,800 shares as of 03/31/2009.

Encore Capital Group Inc. formerly MCM Capital Group Inc. is a holding company whose principal assets are its investments in its wholly-owned subsidiaries Midland Credit Management Inc. Midland Funding 98-A Corporation Midland Receivables 99-1 Corporation Midland Acquisition Corporation and MRC Receivables Corporation. Encore Capital Group Inc has a market cap of $263.82 million; its shares were traded at around $11.44 with a P/E ratio of 14.67 and P/S ratio of 1.03.

Added: CapitalSource Inc. (CSE)

Michael Price added to his holdings in CapitalSource Inc. by 104.31%. His purchase prices were between $1 and $4.13, with an estimated average price of $2.6. The impact to his portfolio due to this purchase was 0.29%. His holdings were 825,000 shares as of 03/31/2009.

CapitalSource is a specialized commercial finance company offering asset- based senior cash flow and mezzanine financing to small and mid-sized borrowers through three focused lending units: Corporate Finance Healthcare Finance and Structured Finance. CapitalSource Inc. has a market cap of $1.06 billion; its shares were traded at around $3.49 with a P/E ratio of 5.72 and P/S ratio of 0.9. The dividend yield of CapitalSource Inc. stocks is 1.15%. CapitalSource Inc. had an annual average earning growth of 44.3% over the past 5 years.

Added: Abington Bancorp Inc. (ABBC)

Michael Price added to his holdings in Abington Bancorp Inc. by 8.36%. His purchase prices were between $6.34 and $8.78, with an estimated average price of $7.5. The impact to his portfolio due to this purchase was 0.14%. His holdings were 381,000 shares as of 03/31/2009.

Abington Community Bancorp Inc. operates as the holding company for Abington Savings Bank doing business as Abington Bank which provides various commercial banking services in Pennsylvania. Its deposit products comprise checking accounts including interest-bearing and noninterest bearing accounts; money market accounts; savings accounts; and certificate of deposit accounts. The company also provides single-family residential mortgage loans construction loans nonresidential or commercial real estate mortgage loans home equity loans commercial business loans and consumer loans. Abington Bancorp Inc. has a market cap of $184.96 million; its shares were traded at around $8.3 with a P/E ratio of 83 and P/S ratio of 3.17. The dividend yield of Abington Bancorp Inc. stocks is 2.41%.

Added: Syms Corp. (SYMS)

Michael Price added to his holdings in Syms Corp. by 25.68%. His purchase prices were between $4.99 and $7.76, with an estimated average price of $6.3. The impact to his portfolio due to this purchase was 0.1%. His holdings were 138,569 shares as of 03/31/2009.

Syms Corp. operates a chain of `off-price` retail stores locatedthroughout the Northeastern and Middle Atlantic regions and in the MidwestSoutheast and Southwest. Each Syms store offers a broad range of first quality in-season merchandise bearing nationally recognized designer or brand-name labels at prices substantially lower than those generally found in department and specialty stores. Syms directs its merchandising efforts at predominantly middle-income fashion-minded and price conscious customers. Syms Corp. has a market cap of $78.78 million; its shares were traded at around $5.4 with and P/S ratio of 0.33. Syms Corp. had an annual average earning growth of 13.6% over the past 5 years.

Added: Northeast Community Bancorp Inc. (NECB)

Michael Price added to his holdings in Northeast Community Bancorp Inc. by 67.23%. His purchase prices were between $6.92 and $7.97, with an estimated average price of $7.3. The impact to his portfolio due to this purchase was 0.08%. His holdings were 50,246 shares as of 03/31/2009.

Northeast Community Bancorp Inc. has a market cap of $163.5 million; its shares were traded at around $8.99 with a P/E ratio of 85 and P/S ratio of 17.6. The dividend yield of Northeast Community Bancorp Inc. stocks is 0.9%.

New Purchase: CF Industries Holdings Inc. (CF)

Michael Price initiated holdings in CF Industries Holdings Inc.. His purchase prices were between $46.63 and $73.2, with an estimated average price of $57.9. The impact to his portfolio due to this purchase was 3.98%. His holdings were 100,000 shares as of 03/31/2009.

CF Industries Holdings Inc. is the holding company for the operations of CF Industries Inc. CF Industries Inc. is a major producer and distributor of nitrogen and phosphate fertilizer products. CF Industries operates world-scale nitrogen fertilizer plants in Louisiana and Alberta Canada; conducts phosphate mining and manufacturing operations in Central Florida; and distributes fertilizer products through a system of terminals warehouses and associated transportation equipment located primarily in the midwestern United States. CF Industries Holdings Inc. has a market cap of $3.86 billion; its shares were traded at around $79.75 with a P/E ratio of 6.16 and P/S ratio of 0.98. The dividend yield of CF Industries Holdings Inc. stocks is 0.5%.

New Purchase: Terra Industries Inc. (TRA)

Michael Price initiated holdings in Terra Industries Inc.. His purchase prices were between $17.99 and $29.14, with an estimated average price of $23.8. The impact to his portfolio due to this purchase was 2.11%. His holdings were 134,200 shares as of 03/31/2009.

Terra Industries Inc. is an industry leader in the production and marketing of both nitrogen products and methanol. Terra is one of the largest producers of anhydrous ammonia and nitrogen solutions in the United States and Canada and of ammonium nitrate in the United Kingdom. In addition Terra is one of the largest U.S. producers and marketers of methanol. Terra Industries Inc. has a market cap of $2.83 billion; its shares were traded at around $28.36 with a P/E ratio of 5.21 and P/S ratio of 0.98. The dividend yield of Terra Industries Inc. stocks is 1.41%. Terra Industries Inc. had an annual average earning growth of 53.1% over the past 5 years.

New Purchase: Telephone And Data Systems Inc (TDS)

Michael Price initiated holdings in Telephone And Data Systems Inc. His purchase prices were between $24.98 and $34.96, with an estimated average price of $29.8. The impact to his portfolio due to this purchase was 2.08%. His holdings were 140,000 shares as of 03/31/2009.

Telephone & Data Systems is a diversified telecommunications corporation. Through its strategic business units U.S. Cellular and TDS Telecom TDS operates primarily by providing cellular and local telephone service. TDS builds value for its shareholders by providing excellent communications services in growing closely related segments of the telecommunications industry. Telephone And Data Systems Inc has a market cap of $3.17 billion; its shares were traded at around $30.02 with a P/E ratio of 9.44 and P/S ratio of 0.62. The dividend yield of Telephone And Data Systems Inc stocks is 1.43%. Telephone And Data Systems Inc had an annual average earning growth of 8.3% over the past 5 years.

New Purchase: Wyeth (WYE)

Michael Price initiated holdings in Wyeth. His purchase prices were between $37.45 and $43.14, with an estimated average price of $41.5. The impact to his portfolio due to this purchase was 0.84%. His holdings were 35,000 shares as of 03/31/2009.

Wyeth is one of the world's largest research-driven pharmaceutical and health care products companies. It is a leader in the discovery development manufacturing and marketing of pharmaceuticals vaccines biotechnology products and non-prescription medicines that improve the quality of life for people worldwide. The Company's major divisions include Wyeth Pharmaceuticals Wyeth Consumer Healthcare and Fort Dodge Animal Health. Wyeth has a market cap of $58.98 billion; its shares were traded at around $44.3 with a P/E ratio of 12.73 and P/S ratio of 2.58. The dividend yield of Wyeth stocks is 2.71%. Wyeth had an annual average earning growth of 5.8% over the past 10 years.

New Purchase: eBay Inc. (EBAY)

Michael Price initiated holdings in eBay Inc.. His purchase prices were between $10.43 and $14.19, with an estimated average price of $12.4. The impact to his portfolio due to this purchase was 0.7%. His holdings were 100,000 shares as of 03/31/2009.

eBay is one of the world's largest online trading communities. eBay creates a powerful marketplace for the sale of goods and services by a passionate community of individuals and small businesses. eBay enables trade on a local national and international basis with local sites in numerous markets in the United States and country-specific sites in the United Kingdom Canada Germany Austria France Italy Japan Korea and Australia. (Company Press Release) eBay Inc. has a market cap of $21.75 billion; its shares were traded at around $16.91 with a P/E ratio of 11.83 and P/S ratio of 2.55. eBay Inc. had an annual average earning growth of 29% over the past 5 years.

New Purchase: NOVA Chemicals Corp. (NCX)

Michael Price initiated holdings in NOVA Chemicals Corp.. His purchase prices were between $1.34 and $5.75, with an estimated average price of $4.1. The impact to his portfolio due to this purchase was 0.32%. His holdings were 100,000 shares as of 03/31/2009.

Nova Chemicals Corporation is a focused commodity chemicals company that produces olefins/polyolefins and styrenics. The company manufactures and markets ethylene polyethylene styrene polystyrene and expandable polystyrene. (Press Release) NOVA Chemicals Corp. has a market cap of $473.19 million; its shares were traded at around $5.69 with and P/S ratio of 0.06. NOVA Chemicals Corp. had an annual average earning growth of 34.6% over the past 5 years.

New Purchase: Newell Rubbermaid Inc. (NWL)

Michael Price initiated holdings in Newell Rubbermaid Inc.. His purchase prices were between $4.71 and $9.94, with an estimated average price of $7.2. The impact to his portfolio due to this purchase was 0.23%. His holdings were 65,000 shares as of 03/31/2009.

Newell Rubbermaid Inc. is a global manufacturer and full-service marketer of name-brand consumer products serving the needs of volume purchasersincluding discount stores and warehouse clubs home centers and hardware stores and office superstores and contract stationers. The company's multi-product offering consists of name-brand consumer products in six business segments: Storage Organization & Cleaning; Home Decor; Office Products; Infant/Juvenile Care & Play; Food Preparation Cooking & Serving and Hardware & Tools. Newell Rubbermaid Inc. has a market cap of $2.88 billion; its shares were traded at around $10.39 with a P/E ratio of 8.96 and P/S ratio of 0.45. The dividend yield of Newell Rubbermaid Inc. stocks is 4.04%. Newell Rubbermaid Inc. had an annual average earning growth of 4.1% over the past 5 years.

New Purchase: Gevity HR Inc. (GVHR)

Michael Price initiated holdings in Gevity HR Inc.. His purchase prices were between $1.7 and $3.9, with an estimated average price of $2.6. The impact to his portfolio due to this purchase was 0.11%. His holdings were 47,700 shares as of 03/31/2009.

Staff Leasing Inc. is one of the leading professional employer organizations providing a broad range of human resources services including payroll administration human resources consulting training benefits administration unemployment services and risk management. Staff Insurance Inc. a wholly owned subsidiary of Staff Leasing provides a full range of corporate insurance products including property and casualty insurance. The company's clients are typically small to medium-sized businesses. Gevity HR Inc. has a market cap of $98.41 million; its shares were traded at around $3.98 with a P/E ratio of 398 and P/S ratio of 0.19. The dividend yield of Gevity HR Inc. stocks is 5.03%. Gevity HR Inc. had an annual average earning growth of 4.2% over the past 5 years.

New Purchase: Delta Air Lines Inc. (DAL)

Michael Price initiated holdings in Delta Air Lines Inc.. His purchase prices were between $4.06 and $11.76, with an estimated average price of $7.2. The impact to his portfolio due to this purchase was 0.05%. His holdings were 17,180 shares as of 03/31/2009.

Delta is America's fastest growing international carrier. Delta Air Lines offers customers service to more destinations than any global airline with Delta and Delta Connection carrier service. Delta has added more international capacity than all other U.S. airlines combined and is the leader across the Atlantic. Delta Air Lines Inc. has a market cap of $4.42 billion; its shares were traded at around $6.33 with and P/S ratio of 0.19.

New Purchase: The Washington Post Company (WPO)

Michael Price initiated holdings in The Washington Post Company. His purchase prices were between $320.84 and $419.81, with an estimated average price of $380. The impact to his portfolio due to this purchase was 0.04%. His holdings were 200 shares as of 03/31/2009.

The Washington Post Company's principal business activities consist of newspaper publishing (principally The Washington Post) television broadcasting (through the ownership and operation of six network-affiliated stations) the ownership and operation of cable televisionsystems magazine publishing (principally Newsweek magazine) and (through its Kaplan subsidiary) the provision of educational and career development services. The Washington Post Company has a market cap of $3.37 billion; its shares were traded at around $358.71 with a P/E ratio of 14.94 and P/S ratio of 0.76. The dividend yield of The Washington Post Company stocks is 2.4%. The Washington Post Company had an annual average earning growth of 4.7% over the past 10 years. GuruFocus rated The Washington Post Company the business predictability rank of 3-star.

Reduced: State Bancorp Inc. (STBC)

Michael Price reduced to his holdings in State Bancorp Inc. by 21.95%. His sale prices were between $4.16 and $9.53, with an estimated average price of $6.6. The impact to his portfolio due to this sale was -0.11%. Michael Price still held 120,200 shares as of 03/31/2009.

State Bancorp Inc. is a bank holding company for the State Bank of Long Island and has no other subsidiaries. State Bancorp does not engage in any activities other than acting as holding company for the common stock of the Bank. State Bancorp Inc. has a market cap of $100.4 million; its shares were traded at around $6.91 with and P/S ratio of 1.09. The dividend yield of State Bancorp Inc. stocks is 2.89%.

Reduced: PeapackGladstone Financial Corp (PGC)

Michael Price reduced to his holdings in PeapackGladstone Financial Corp by 49.1%. His sale prices were between $11.8 and $23.8, with an estimated average price of $19.1. The impact to his portfolio due to this sale was -0.27%. Michael Price still held 54,888 shares as of 03/31/2009.

The Peapack-Gladstone Financial Corporation is a bank holding company for Peapack-Gladstone Bank. The Bank is primarily dedicated to providing quality personalized financial trust and investment services to individuals and small businesses. PeapackGladstone Financial Corp has a market cap of $134.36 million; its shares were traded at around $16.19 with a P/E ratio of 10.25 and P/S ratio of 1.77. The dividend yield of PeapackGladstone Financial Corp stocks is 3.95%. PeapackGladstone Financial Corp had an annual average earning growth of 2.1% over the past 5 years.

Reduced: The Goodyear Tire & Rubber Company (GT)

Michael Price reduced to his holdings in The Goodyear Tire & Rubber Company by 75.13%. His sale prices were between $3.51 and $7.63, with an estimated average price of $6.1. The impact to his portfolio due to this sale was -0.33%. Michael Price still held 124,700 shares as of 03/31/2009.

Goodyear is one of the world's largest tire companies. The company manufactures tires engineered rubber products and chemicals in facilities in numerous countries. It has marketing operations in almost every country around the world. (Company Press Release) The Goodyear Tire & Rubber Company has a market cap of $2.71 billion; its shares were traded at around $11.24 with and P/S ratio of 0.14. The Goodyear Tire & Rubber Company had an annual average earning growth of 23.3% over the past 5 years.

Reduced: TFS Financial Corp. (TFSL)

Michael Price reduced to his holdings in TFS Financial Corp. by 26.35%. His sale prices were between $11.23 and $12.71, with an estimated average price of $12.1. The impact to his portfolio due to this sale was -0.41%. Michael Price still held 230,000 shares as of 03/31/2009.

TFS Financial Corporation is a federally chartered stock holding company conducts its activities through its wholly owned subsidiaries. The line of business of the Company is retail consumer banking mortgage lending deposit gathering and other financial services. The Company's operating subsidiaries include Third Federal Savings and Loan Association of Cleveland and Third Capital Inc. Third Federal Savings and Loan Association offers various deposit accounts including savings accounts NOW accounts certificates of deposit and individual retirement accounts and other qualified plan accounts. Third Capital engages in net lease transactions of commercial buildings; maintains investments in private equity funds; provides escrow and settlement services; and reinsures private mortgage insurance on residential mortgage loans. The company is based in Cleveland Ohio. TFS Financial Corp. has a market cap of $3.6 billion; its shares were traded at around $11.56 with a P/E ratio of 96.33 and P/S ratio of 6.02. The dividend yield of TFS Financial Corp. stocks is 2.42%.

Reduced: MVC Capital Inc. (MVC)

Michael Price reduced to his holdings in MVC Capital Inc. by 38.61%. His sale prices were between $6.3 and $10.83, with an estimated average price of $9.2. The impact to his portfolio due to this sale was -0.53%. Michael Price still held 293,300 shares as of 03/31/2009.

MVC CAPITAL INC is a business development company traded on the New York Stock Exchange under the listing symbol MVC and is advised by The Tokarz Group Advisers LLC. MVC provides long-term equity and debt investment capital to fund growth acquisitions and recapitalizations of small and middle-market companies in a variety of industries primarily located in the U.S. The investments can take the form of common and preferred stock (control and non-control investments) and warrants or rights to acquire equity interests; senior and subordinated loans; or convertible securities. MVC serves as the lead investor for transactions as well as a co-investor in companies along with other private equity sponsors. MVC Capital Inc. has a market cap of $198.75 million; its shares were traded at around $8.18 with and P/S ratio of 6.62. The dividend yield of MVC Capital Inc. stocks is 5.87%.

Reduced: Rowan Companies Inc. (RDC)

Michael Price reduced to his holdings in Rowan Companies Inc. by 28.96%. His sale prices were between $11.18 and $15.8, with an estimated average price of $13.1. The impact to his portfolio due to this sale was -0.72%. Michael Price still held 368,000 shares as of 03/31/2009.

Rowan Companies Inc. is a major provider of international and domestic offshore contract drilling services. The Company also owns and operates a manufacturing division that produces equipment for the drilling mining and timber industries. Rowan Companies Inc. has a market cap of $1.94 billion; its shares were traded at around $17.12 with a P/E ratio of 3.94 and P/S ratio of 0.88. Rowan Companies Inc. had an annual average earning growth of 10.9% over the past 10 years.

Sold Out: ValueVision Media Inc. (VVTV)

Michael Price sold out his holdings in ValueVision Media Inc.. His sale prices were between $0.18 and $0.74, with an estimated average price of $0.4. The impact to his portfolio due to this sale was less than 0.01%.

VALUEVISION INTERNATIONAL IN is a home-shopping retailer in the United States. Through its continuous merchandise-focused television programming it sells a wide variety of products directly to consumers. The products are presented by on-air hosts and orders are processed on-site by its telemarketing service representatives who use its customized computer processing system which provides real-time feedback to the on- air hosts. ValueVision Media Inc. has a market cap of $21.06 million; its shares were traded at around $0.65 with and P/S ratio of 0.04.

Sold Out: Bancorp Rhode Island Inc. (BARI)

Michael Price sold out his holdings in Bancorp Rhode Island Inc.. His sale prices were between $15.66 and $20.66, with an estimated average price of $18.7. The impact to his portfolio due to this sale was less than 0.01%.

Bancorp Rhode Island Inc. is the parent company of Bank Rhode Island. Bank Rhode Island is a full service FDIC-insured state-chartered financial institution. Bancorp Rhode Island Inc. has a market cap of $98.75 million; its shares were traded at around $21.5 with a P/E ratio of 12.8 and P/S ratio of 1.09. The dividend yield of Bancorp Rhode Island Inc. stocks is 3.16%. Bancorp Rhode Island Inc. had an annual average earning growth of 5.4% over the past 5 years.

Sold Out: Sony Corp. (SNE)

Michael Price sold out his holdings in Sony Corp.. His sale prices were between $16.56 and $23.55, with an estimated average price of $19.8. The impact to his portfolio due to this sale was less than 0.01%.

Sony Corporation develops and manufactures consumer and industrial electronic equipment. The Company's products include audio and video equipment televisions displays semiconductors electronic components computers and computer peripherals and telecommunication equipment. The Company is also active in the worldwide music and image-based software markets. Sony Corp. has a market cap of $26.6 billion; its shares were traded at around $26.48 with a P/E ratio of 10.26 and P/S ratio of 0.3.

Sold Out: Smithfield Foods Inc. (SFD)

Michael Price sold out his holdings in Smithfield Foods Inc.. His sale prices were between $5.93 and $12.82, with an estimated average price of $9.8. The impact to his portfolio due to this sale was less than 0.01%.

Smithfield Foods Inc. is one of the world's largest pork processors and hog producer. Smithfield Foods conducts its business through two groups the Meat Processing Group and the Hog Production Group. The Meat Processing Group produces domestically and internationally a wide variety of fresh pork and processed meat products and markets them nationwide and to foreign markets. The company has vertically integrated into hog production through its Hog Production Group which provides the Meat Processing Group with its live hog requirements. Smithfield Foods Inc. has a market cap of $1.68 billion; its shares were traded at around $11.72 with and P/S ratio of 0.15. Smithfield Foods Inc. had an annual average earning growth of 1.9% over the past 10 years.

Sold Out: HarleyDavidson Inc. (HOG)

Michael Price sold out his holdings in HarleyDavidson Inc.. His sale prices were between $8.33 and $15.82, with an estimated average price of $12.2. The impact to his portfolio due to this sale was less than 0.01%.

Harley-Davidson is an American motorcycle manufacturer. The company operates in two segments: Motorcycles and Related Products and Financial Services. The Motorcycles segment designs manufactures and sells heavyweight touring custom and performance motorcycles as well as a complete line of motorcycle parts accessories and general merchandise. The Financial Services is engaged in the business of financing and servicing wholesale inventory receivables and consumer retail installment sales contracts (primarily motorcycles). HarleyDavidson Inc. has a market cap of $4.08 billion; its shares were traded at around $17.48 with a P/E ratio of 6.99 and P/S ratio of 0.73. The dividend yield of HarleyDavidson Inc. stocks is 2.29%. HarleyDavidson Inc. had an annual average earning growth of 20.6% over the past 10 years. GuruFocus rated HarleyDavidson Inc. the business predictability rank of 4-star.

Sold Out: Maiden Hldgs Ltd (MHLD)

Michael Price sold out his holdings in Maiden Hldgs Ltd. His sale prices were between $3.83 and $4.85, with an estimated average price of $4.4. The impact to his portfolio due to this sale was less than 0.01%.

MAIDEN HOLDINGS is a Bermuda holding company which offers customized reinsurance products and services through Maiden Insurance Company Ltd. its wholly owned Bermuda reinsurance subsidiary to subsidiaries of AmTrust Financial Services Inc. and small insurance companies and managing general agents in the United States and Europe. Maiden Hldgs Ltd has a market cap of $338.79 million; its shares were traded at around $4.82 with a P/E ratio of 4.5 and P/S ratio of 0.81. The dividend yield of Maiden Hldgs Ltd stocks is 4.98%.

Sold Out: Forest City Enterprises Inc. (FCE-A)

Michael Price sold out his holdings in Forest City Enterprises Inc.. His sale prices were between $3.73 and $8.89, with an estimated average price of $5.8. The impact to his portfolio due to this sale was less than 0.01%.

FOREST CITY ENTERPRI INC. is a national real estate company which acquires develops lease & manages residential properties; owns acquires develops & manages retail office & urban entertainment projects; acquires & sells both raw land & developed lots to commercial industrial & residential users; & acts as a wholesale lumber trading company. Forest City Enterprises Inc. has a market cap of $646.58 million; its shares were traded at around $6.25 with and P/S ratio of 0.5. Forest City Enterprises Inc. had an annual average earning growth of 5.5% over the past 10 years. GuruFocus rated Forest City Enterprises Inc. the business predictability rank of 5-star.

Sold Out: MF Global Ltd. (MF)

Michael Price sold out his holdings in MF Global Ltd.. His sale prices were between $2.7 and $4.34, with an estimated average price of $3.6. The impact to his portfolio due to this sale was less than 0.01%.

MF Global Ltd. formerly Man Financial is the leading broker of exchange-listed futures and options in the world. It provides execution and clearing services for exchange-traded and over-the-counter derivative products as well as for non-derivative foreign exchange products and securities in the cash market. MF Global Ltd. has a market cap of $662.8 million; its shares were traded at around $5.52 with and P/S ratio of 0.11.


Rating: 1.8/5 (13 votes)

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