(GuruFocus, September 10, 2009)
Investment Guru Mason Hawkins
bought for his mutual fund additional shares in TW Telecom Inc. (NASDAQ:TWTC
). GuruFocus Real Time Data
shows that Hawkins bought additional 6.92% shares of TWTC on September 9, 2009 at around $12.18 per share. After the transaction, Pzena held 23.18 million shares of the company, or 15.54% of the company.
TW Telecom Inc is headquartered in Littleton Colo. It provides managed network services specializing in Ethernet and transport data networking Internet access local and long distance voice VoIP VPN and security to enterprise organizations and communications services companies throughout the U.S. Tw Telecom Inc. has a market cap of $1.82 billion; its shares were traded at around $12.18 with a P/E ratio of 81.2 and P/S ratio of 1.6.
Hawkins started to own a 11.9 million position in 3Q08. He has been buying the stocks in the past four quarters, increasing his position to 21.7 million shares. The recent buy is a continuation of that investment policy.
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About the author:
guruekMark's equity focus is identifying secular growth trends, and the companies most likely to benefit from these macro trends. Stocks are identified through fundamental analysis, although basic technical analysis is used in determining entry and exit points. With a degree in Economics from the University of Michigan, a broader understanding of the economy as a whole, along with interpreting investor psychology is also a major interest for Mark. His career background has focused on financial analysis in corporate America. Visit Mark's website at http://www.fundmymutualfund.com/
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