Kahn Brothers Buys New York Community Bancorp Inc, Sells New York Times Co

Investment company Kahn Brothers buys New York Community Bancorp Inc, sells New York Times Co during the 3-months ended 2018-06-30, according to the most recent filings of the investment company, Kahn Brothers. As of 2018-06-30, Kahn Brothers owns 31 stocks with a total value of $628 million. These are the details of the buys and sells.

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

These are the top 5 holdings of Kahn Brothers
  1. BP PLC (BP) - 1,389,605 shares, 10.1% of the total portfolio. Shares reduced by 1.14%
  2. Citigroup Inc (C) - 939,493 shares, 10% of the total portfolio. Shares reduced by 0.95%
  3. Merck & Co Inc (MRK) - 897,077 shares, 8.66% of the total portfolio. Shares reduced by 0.81%
  4. GlaxoSmithKline PLC (GSK) - 1,236,592 shares, 7.93% of the total portfolio. Shares added by 0.48%
  5. New York Times Co (NYT) - 1,796,912 shares, 7.41% of the total portfolio. Shares reduced by 20.4%
Added: New York Community Bancorp Inc (NYCB)

Kahn Brothers added to a holding in New York Community Bancorp Inc by 38.71%. The purchase prices were between $11.04 and $12.96, with an estimated average price of $11.99. The stock is now traded at around $10.46. The impact to a portfolio due to this purchase was 1.53%. The holding were 3,056,592 shares as of 2018-06-30.

Reduced: New York Times Co (NYT)

Kahn Brothers reduced to a holding in New York Times Co by 20.4%. The sale prices were between $22.2 and $26.6, with an estimated average price of $23.56. The stock is now traded at around $24.40. The impact to a portfolio due to this sale was -1.77%. Kahn Brothers still held 1,796,912 shares as of 2018-06-30.



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