Billionaire Michael Price Buys Becton Dickinson And Company, Citigroup Inc., Bank Of America Corp., Wells Fargo, Penn Virginia Corp, Websense Inc., State Bancorp Inc.

Billionaire Michael Price Q4: Buys BAC, C, WFC, BDX, CIT, COWN etc

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Feb 18, 2010
As hedge funds pile into distressed banks like Citigroup and Bank of America, so is value investor Billionaire Michael Price. Michael Price is said to have huge influences on the investing philosophy of Seth Klarman and David Winters, both are renowned successful value investors.


Michael Price certainly did more buying than selling during the past quarter. He likes to explore small cap areas for bargains. But for the past quarter, he bought a lot of large caps. Is he also rotating into blue chips like many other value investors?


According to the most recent filings of his investment company, MFP Investors LLC, Michael Price owns 113 stocks with a total value of $369 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 his portfolio:


Financials

33.1%

Industrials

13.5%

Basic Materials

11%

Consumer Services

10.9%

Oil & Gas

10.6%

Consumer Goods

7%

Health Care

5.5%

Utilities

2.7%

Technology

2%

Telecommunications

0.7%




These are the top 5 holdings of Michael Price


  1. ConocoPhillips (COP) - 346,500 shares, 4.8% of the total portfolio
  2. IngersollRand Company Ltd. (IR) - 396,034 shares, 3.84% of the total portfolio
  3. Terra Industries Inc. (TRA) - 400,000 shares, 3.49% of the total portfolio
  4. Forest City Enterprises Inc. (FCE-A) - 972,800 shares, 3.11% of the total portfolio
  5. Kaiser Aluminum Corp. (KALU) - 260,000 shares, 2.94% of the total portfolio



Added: Cadbury Plc (CBY)

Michael Price added to his holdings in Cadbury Plc by 2800%. His purchase prices were between $49.77 and $54, with an estimated average price of $51.58. The impact to his portfolio due to this purchase was 0.98%. His holdings were 72,500 shares as of 12/31/2009.


CADBURY PLC is the world's largest confectionery business with number one or number two positions in twenty of the world's fifty largest confectionery markets. Cadbury Plc has a market cap of $18.04 billion; its shares were traded at around $52.66 with and P/S ratio of 1.8. The dividend yield of Cadbury Plc stocks is 1.9%.


Added: TFS Financial Corp. (TFSL)

Michael Price added to his holdings in Tfs Financial Corp. by 63.12%. His purchase prices were between $10.96 and $12.24, with an estimated average price of $11.65. The impact to his portfolio due to this purchase was 0.59%. His holdings were 460,000 shares as of 12/31/2009.


TFS Financial Corporation has a market cap of $3.99 billion; its shares were traded at around $12.94 with a P/E ratio of 323.5 and P/S ratio of 7.2. The dividend yield of Tfs Financial Corp. stocks is 2.2%.


Added: The Pepsi Bottling Group Inc. (PBG)

Michael Price added to his holdings in The Pepsi Bottling Group Inc. by 133.5%. His purchase prices were between $37.13 and $38.65, with an estimated average price of $37.71. The impact to his portfolio due to this purchase was 0.54%. His holdings were 93,400 shares as of 12/31/2009.


The Pepsi Bottling Group, Inc., is the world's largest manufacturer, seller and distributor of Pepsi-Cola beverages. The Pepsi Bottling Group Inc. has a market cap of $8.33 billion; its shares were traded at around $38.23 with a P/E ratio of 16.4 and P/S ratio of 0.6. The dividend yield of The Pepsi Bottling Group Inc. stocks is 1.9%. The Pepsi Bottling Group Inc. had an annual average earning growth of 7.1% over the past 5 years.


Added: Cache Inc. (CACH)

Michael Price added to his holdings in Cache Inc. by 162.8%. His purchase prices were between $3.78 and $5.69, with an estimated average price of $4.56. The impact to his portfolio due to this purchase was 0.34%. His holdings were 441,246 shares as of 12/31/2009.


Cache, Inc. is a specialty retailer which operates stores selling women's apparel and accessories under the trade names Cache and Lillie Rubin. Cache Inc. has a market cap of $55.8 million; its shares were traded at around $4.37 with and P/S ratio of 0.2.


Added: Peapackgladstone Financial Corp (PGC)

Michael Price added to his holdings in Peapackgladstone Financial Corp by 1633.29%. His purchase prices were between $11.03 and $15.78, with an estimated average price of $13.08. The impact to his portfolio due to this purchase was 0.3%. His holdings were 92,367 shares as of 12/31/2009.


The Peapack-Gladstone Financial Corporation is a bank holding company for Peapack-Gladstone Bank. Peapackgladstone Financial Corp has a market cap of $114.8 million; its shares were traded at around $13.16 with a P/E ratio of 20.6 and P/S ratio of 1.6. The dividend yield of Peapackgladstone Financial Corp stocks is 1.6%. Peapackgladstone Financial Corp had an annual average earning growth of 2.1% over the past 5 years.


Added: Syms Corp. (SYMS)

Michael Price added to his holdings in Syms Corp. by 55.51%. His purchase prices were between $6.72 and $8.28, with an estimated average price of $7.31. The impact to his portfolio due to this purchase was 0.15%. His holdings were 215,487 shares as of 12/31/2009.


Syms Corp. operates a chain of `off-price` retail stores locatedthroughout the Northeastern and Middle Atlantic regions and in the Midwest,Southeast and Southwest. Syms Corp. has a market cap of $122.5 million; its shares were traded at around $8.39 with and P/S ratio of 0.5. Syms Corp. had an annual average earning growth of 13.6% over the past 5 years.


Added: Capitalsource Inc. (CSE)

Michael Price added to his holdings in Capitalsource Inc. by 19.89%. His purchase prices were between $3.13 and $4.05, with an estimated average price of $3.76. The impact to his portfolio due to this purchase was 0.15%. His holdings were 817,200 shares as of 12/31/2009.


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 $1.67 billion; its shares were traded at around $5.18 with and P/S ratio of 1.4. The dividend yield of Capitalsource Inc. stocks is 0.8%. Capitalsource Inc. had an annual average earning growth of 44.3% over the past 5 years.


Added: Lydall Inc. (LDL)

Michael Price added to his holdings in Lydall Inc. by 135.12%. His purchase prices were between $4.84 and $6.2, with an estimated average price of $5.37. The impact to his portfolio due to this purchase was 0.13%. His holdings were 153,300 shares as of 12/31/2009.


Lydall, Inc. and its subsidiaries are manufacturers of engineered products for demanding specialty applications. Lydall Inc. has a market cap of $125 million; its shares were traded at around $7.42 with and P/S ratio of 0.4. Lydall Inc. had an annual average earning growth of 51% over the past 5 years.


Added: Herley Industries Inc. (HRLY)

Michael Price added to his holdings in Herley Industries Inc. by 16.75%. His purchase prices were between $10.2 and $13.99, with an estimated average price of $12.04. The impact to his portfolio due to this purchase was 0.12%. His holdings were 223,927 shares as of 12/31/2009.


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. Herley Industries Inc. has a market cap of $177.4 million; its shares were traded at around $12.96 with a P/E ratio of 11.2 and P/S ratio of 1.1.


Added: Cape Bancorp, Inc. (CBNJ)

Michael Price added to his holdings in Cape Bancorp, Inc. by 38.29%. His purchase prices were between $5.79 and $7.28, with an estimated average price of $6.4. The impact to his portfolio due to this purchase was 0.11%. His holdings were 210,200 shares as of 12/31/2009.


Cape Savings Bank has been in business for over eighty years, servicing the needs of Cape May and Atlantic Counties in southern New Jersey. Cape Bancorp, Inc. has a market cap of $91.4 million; its shares were traded at around $6.87 with and P/S ratio of 1.6.


Added: Gulfmark Offshore Inc. (GLF)

Michael Price added to his holdings in Gulfmark Offshore Inc. by 10.77%. His purchase prices were between $25.84 and $34.64, with an estimated average price of $29.25. The impact to his portfolio due to this purchase was 0.1%. His holdings were 128,600 shares as of 12/31/2009.


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. Gulfmark Offshore Inc. has a market cap of $646 million; its shares were traded at around $25 with a P/E ratio of 3.7 and P/S ratio of 1.6. Gulfmark Offshore Inc. had an annual average earning growth of 38.2% over the past 5 years. GuruFocus rated Gulfmark Offshore Inc. the business predictability rank of 2-star.


Added: Cross Co (ATX)

Michael Price added to his holdings in Cross Co by 183.33%. His purchase prices were between $3.65 and $5.44, with an estimated average price of $4.08. The impact to his portfolio due to this purchase was 0.09%. His holdings were 98,616 shares as of 12/31/2009.


A.T. Cross Company has two reportable business segments: high quality writing instruments and pen-based computing products. Cross Co has a market cap of $64.5 million; its shares were traded at around $4.26 with a P/E ratio of 17 and P/S ratio of 0.4. Cross Co had an annual average earning growth of 48.9% over the past 5 years.


Added: Sunoco Inc. (SUN)

Michael Price added to his holdings in Sunoco Inc. by 40%. His purchase prices were between $25.2 and $33.73, with an estimated average price of $27.77. The impact to his portfolio due to this purchase was 0.07%. His holdings were 35,000 shares as of 12/31/2009.


Sunoco, Inc. is principally a petroleum refiner and marketer with interests in cokemaking. Sunoco Inc. has a market cap of $3.13 billion; its shares were traded at around $26.75 with and P/S ratio of 0.1. The dividend yield of Sunoco Inc. stocks is 4.4%. Sunoco Inc. had an annual average earning growth of 16.9% over the past 10 years. GuruFocus rated Sunoco Inc. the business predictability rank of 3-star.


Added: Brt Realty Trust (BRT)

Michael Price added to his holdings in Brt Realty Trust by 23.41%. His purchase prices were between $4.55 and $5.6, with an estimated average price of $4.95. The impact to his portfolio due to this purchase was 0.04%. His holdings were 154,029 shares as of 12/31/2009.


BRT is a real estate investment trust. BRT's primary business activity is to originate and hold for investment for its own account, senior real estate mortgage loans secured by income producing real property and, to a lesser extent, junior real estate mortgage loans secured by income producing real property and senior mortgage loans secured by undeveloped real property. Brt Realty Trust has a market cap of $67.9 million; its shares were traded at around $4.85 with and P/S ratio of 4.7. Brt Realty Trust had an annual average earning growth of 20.1% over the past 5 years.


New Purchase: Becton Dickinson And Company (BDX)

Michael Price initiated holdings in Becton Dickinson And Company. His purchase prices were between $66.6 and $79.72, with an estimated average price of $73.09. The impact to his portfolio due to this purchase was 2.46%. His holdings were 115,000 shares as of 12/31/2009.


Becton, Dickinson and Co. is engaged principally in the manufacture and sale of a broad line of supplies, devices and systems used by health care professionals, medical research institutions and the general public. Becton Dickinson And Company has a market cap of $18.33 billion; its shares were traded at around $77.36 with a P/E ratio of 15.4 and P/S ratio of 2.5. The dividend yield of Becton Dickinson And Company stocks is 1.9%. Becton Dickinson And Company had an annual average earning growth of 10.8% over the past 10 years. GuruFocus rated Becton Dickinson And Company the business predictability rank of 4.5-star.


New Purchase: Citigroup Inc. (C)

Michael Price initiated holdings in Citigroup Inc.. His purchase prices were between $3.2 and $4.67, with an estimated average price of $4.04. The impact to his portfolio due to this purchase was 2.16%. His holdings were 2,400,000 shares as of 12/31/2009.


Citigroup Inc. has a market cap of $77.97 billion; its shares were traded at around $3.41 with and P/S ratio of 0.8. Citigroup Inc. had an annual average earning growth of 5.1% over the past 10 years.


New Purchase: Bank Of America Corp. (BAC)

Michael Price initiated holdings in Bank Of America Corp.. His purchase prices were between $14.58 and $17.5, with an estimated average price of $15.79. The impact to his portfolio due to this purchase was 1.23%. His holdings were 301,800 shares as of 12/31/2009.


Bank Of America Corp. has a market cap of $135.46 billion; its shares were traded at around $15.66 with and P/S ratio of 0.9. The dividend yield of Bank Of America Corp. stocks is 0.3%. Bank Of America Corp. had an annual average earning growth of 7.5% over the past 10 years.


New Purchase: Care Investment Trust Inc. (CRE)

Michael Price initiated holdings in Care Investment Trust Inc.. His purchase prices were between $7.25 and $8.46, with an estimated average price of $7.95. The impact to his portfolio due to this purchase was 0.98%. His holdings were 465,000 shares as of 12/31/2009.


CARE INVESTMENT TRUST INC. is a real estate investment and finance company formed principally to invest in healthcare-related real estate and commercial mortgage debt. Care Investment Trust Inc. has a market cap of $169.7 million; its shares were traded at around $8.39 with a P/E ratio of 35 and P/S ratio of 7.6. The dividend yield of Care Investment Trust Inc. stocks is 8.1%.


New Purchase: Wells Fargo & Company (WFC)

Michael Price initiated holdings in Wells Fargo & Company. His purchase prices were between $25.32 and $30.46, with an estimated average price of $27.63. The impact to his portfolio due to this purchase was 0.77%. His holdings were 105,000 shares as of 12/31/2009.


Wells Fargo & Company has a market cap of $139.73 billion; its shares were traded at around $27.33 with a P/E ratio of 15 and P/S ratio of 1.4. The dividend yield of Wells Fargo & Company stocks is 0.7%. Wells Fargo & Company had an annual average earning growth of 10.8% over the past 10 years.


New Purchase: Chattem Inc. (CHTT)

Michael Price initiated holdings in Chattem Inc.. His purchase prices were between $62.69 and $93.3, with an estimated average price of $69.49. The impact to his portfolio due to this purchase was 0.76%. His holdings were 30,000 shares as of 12/31/2009.


Chattem, Inc. is a marketer and manufacturer of a variety of branded consumer products, including over-the-counter health care and toiletries and skin care products. Chattem Inc. has a market cap of $1.77 billion; its shares were traded at around $93.49 with a P/E ratio of 20 and P/S ratio of 3.8. Chattem Inc. had an annual average earning growth of 8.9% over the past 10 years.


New Purchase: Xto Energy Inc. (XTO)

Michael Price initiated holdings in Xto Energy Inc.. His purchase prices were between $38.96 and $47.86, with an estimated average price of $43.48. The impact to his portfolio due to this purchase was 0.66%. His holdings were 52,500 shares as of 12/31/2009.


XTO Energy Inc. is engaged in the acquisition, development, exploitation and exploration of producing oil and gas properties, and in the production, processing, marketing and transportation of oil and natural gas. Xto Energy Inc. has a market cap of $26.73 billion; its shares were traded at around $46.06 with a P/E ratio of 13.9 and P/S ratio of 3.5. The dividend yield of Xto Energy Inc. stocks is 1.1%. Xto Energy Inc. had an annual average earning growth of 36.6% over the past 10 years. GuruFocus rated Xto Energy Inc. the business predictability rank of 5-star.


New Purchase: Cowen Group Inc. (COWN)

Michael Price initiated holdings in Cowen Group Inc.. His purchase prices were between $5 and $7.86, with an estimated average price of $6.49. The impact to his portfolio due to this purchase was 0.48%. His holdings were 300,000 shares as of 12/31/2009.


COWEN GROUP, INC., through its operating subsidiaries, provides investment banking, equity research, sales and trading, asset management and alternative asset management services to companies and institutional investor clients in the healthcare, technology, telecommunications, aerospace and defense, consumer and alternative energy sectors. Cowen Group Inc. has a market cap of $76 million; its shares were traded at around $5.05 with and P/S ratio of 0.3.


New Purchase: Varian Inc. (VARI)

Michael Price initiated holdings in Varian Inc.. His purchase prices were between $50.87 and $51.59, with an estimated average price of $51.22. The impact to his portfolio due to this purchase was 0.35%. His holdings were 25,000 shares as of 12/31/2009.


Varian, Inc. is a worldwide supplier of scientific instruments and vacuum technologies for life science and industrial applications. Varian Inc. has a market cap of $1.5 billion; its shares were traded at around $51.62 with a P/E ratio of 27.5 and P/S ratio of 1.9. Varian Inc. had an annual average earning growth of 5.1% over the past 5 years. GuruFocus rated Varian Inc. the business predictability rank of 2-star.


New Purchase: Penn Millers Holding Corp. (PMIC)

Michael Price initiated holdings in Penn Millers Holding Corp.. His purchase prices were between $10 and $11.08, with an estimated average price of $10.2. The impact to his portfolio due to this purchase was 0.3%. His holdings were 100,000 shares as of 12/31/2009.


Penn Millers Insurance Company is a Pennsylvania property and casualty insurer, headquartered in Wilkes-Barre, Pennsylvania. Penn Millers Holding Corp. has a market cap of $57.8 million; its shares were traded at around $10.604 .


New Purchase: Penn Virginia Corp. (PVA)

Michael Price initiated holdings in Penn Virginia Corp.. His purchase prices were between $17.41 and $25.28, with an estimated average price of $20.78. The impact to his portfolio due to this purchase was 0.29%. His holdings were 50,300 shares as of 12/31/2009.


Penn Virginia Corporation is engaged in the exploration, development and production of oil and natural gas and the collection of royalties and overriding royalty interests on various oil and gas properties as well as the leasing of coal mineral rights and the collection of relatedroyalties. Penn Virginia Corp. has a market cap of $1.2 billion; its shares were traded at around $26.46 with and P/S ratio of 1. The dividend yield of Penn Virginia Corp. stocks is 0.8%. Penn Virginia Corp. had an annual average earning growth of 32.3% over the past 10 years. GuruFocus rated Penn Virginia Corp. the business predictability rank of 5-star.


New Purchase: Covanta Holding Corp. (CVA)

Michael Price initiated holdings in Covanta Holding Corp.. His purchase prices were between $16.78 and $18.33, with an estimated average price of $17.48. The impact to his portfolio due to this purchase was 0.29%. His holdings were 60,000 shares as of 12/31/2009.


Covanta Holding Corporation is an internationally recognized owner and operator of large-scale Energy-from-Waste and renewable energy projects and a recipient of the Energy Innovator Award from the U. Covanta Holding Corp. has a market cap of $2.72 billion; its shares were traded at around $17.55 with a P/E ratio of 25 and P/S ratio of 1.6.


New Purchase: American River Bankshares (AMRB)

Michael Price initiated holdings in American River Bankshares. His purchase prices were between $6.1 and $7.85, with an estimated average price of $6.87. The impact to his portfolio due to this purchase was 0.27%. His holdings were 125,000 shares as of 12/31/2009.


American River Bankshares is the parent company of American River Bank , a community bank with offices in Sacramento and Placer Counties, that operates a family of financial service providers, including North Coast Bank in Sonoma County and first source capital, a lease financing company in Sacramento. American River Bankshares has a market cap of $45.5 million; its shares were traded at around $7.85 with a P/E ratio of 29.1 and P/S ratio of 1.5. American River Bankshares had an annual average earning growth of 14.2% over the past 5 years.


New Purchase: Granite Construction Inc. (GVA)

Michael Price initiated holdings in Granite Construction Inc.. His purchase prices were between $27.36 and $34.48, with an estimated average price of $30.6. The impact to his portfolio due to this purchase was 0.23%. His holdings were 25,000 shares as of 12/31/2009.


Granite Construction, Inc. is a diversified heavy civil constractor and construction materials producer. Granite Construction Inc. has a market cap of $1.17 billion; its shares were traded at around $30.34 with a P/E ratio of 13 and P/S ratio of 0.4. The dividend yield of Granite Construction Inc. stocks is 1.8%. Granite Construction Inc. had an annual average earning growth of 8.7% over the past 10 years.


New Purchase: Cit Group Inc. (CIT)

Michael Price initiated holdings in Cit Group Inc.. His purchase prices were between $26.04 and $29.64, with an estimated average price of $27.92. The impact to his portfolio due to this purchase was 0.23%. His holdings were 30,497 shares as of 12/31/2009.


CIT Group Inc. is a bank holding company that provides financing and leasing capital for commercial companies throughout the world. Cit Group Inc. has a market cap of $13.25 billion; its shares were traded at around $32.74 . Cit Group Inc. had an annual average earning growth of 27.2% over the past 5 years.


New Purchase: PepsiAmericas Inc. (PAS)

Michael Price initiated holdings in Pepsiamericas Inc.. His purchase prices were between $29.02 and $30.26, with an estimated average price of $29.47. The impact to his portfolio due to this purchase was 0.2%. His holdings were 25,000 shares as of 12/31/2009.


PepsiAmericas makes, sells and delivers a broad portfolio of Pepsi-Cola core brands, Cadbury beverages and other national and regional brands in the U. Pepsiamericas Inc. has a market cap of $3.72 billion; its shares were traded at around $29.84 with a P/E ratio of 17.7 and P/S ratio of 0.7. The dividend yield of Pepsiamericas Inc. stocks is 1.9%. Pepsiamericas Inc. had an annual average earning growth of 5.9% over the past 10 years. GuruFocus rated Pepsiamericas Inc. the business predictability rank of 3-star.


New Purchase: United Therapeutics Corp. (UTHR)

Michael Price initiated holdings in United Therapeutics Corp.. His purchase prices were between $40.63 and $52.88, with an estimated average price of $45.61. The impact to his portfolio due to this purchase was 0.14%. His holdings were 10,000 shares as of 12/31/2009.


UTD THERAPEUTIC is a biotechnology company focused on combating cardiovascular, inflammatory, and infectious diseases with unique therapeutic products. United Therapeutics Corp. has a market cap of $3.11 billion; its shares were traded at around $57.85 with a P/E ratio of 69.3 and P/S ratio of 11.


New Purchase: RBC Bearings Inc. (ROLL)

Michael Price initiated holdings in Rbc Bearings Inc.. His purchase prices were between $20.31 and $26.05, with an estimated average price of $23.3. The impact to his portfolio due to this purchase was 0.12%. His holdings were 18,200 shares as of 12/31/2009.


RBC Bearings Incorporated is an international manufacturer and marketer of highly engineered precision bearings and components. Rbc Bearings Inc. has a market cap of $558.3 million; its shares were traded at around $25.72 with a P/E ratio of 21.6 and P/S ratio of 1.6.


New Purchase: Ipass Inc. (IPAS)

Michael Price initiated holdings in Ipass Inc.. His purchase prices were between $0.94 and $1.41, with an estimated average price of $1.19. The impact to his portfolio due to this purchase was 0.1%. His holdings were 351,000 shares as of 12/31/2009.


iPass Inc provides software-enabled enterprise connectivity services for mobile workers. Ipass Inc. has a market cap of $68.5 million; its shares were traded at around $1.1 with a P/E ratio of 110 and P/S ratio of 0.4.


New Purchase: Akorn Inc. (AKRX)

Michael Price initiated holdings in Akorn Inc.. His purchase prices were between $1.23 and $1.91, with an estimated average price of $1.63. The impact to his portfolio due to this purchase was 0.1%. His holdings were 203,501 shares as of 12/31/2009.


Akorn, Inc. manufactures and markets diagnostic and therapeutic pharmaceuticals in specialty areas such as ophthalmology, rheumatology, anesthesia and antidotes, among others. Akorn Inc. has a market cap of $150 million; its shares were traded at around $1.66 with and P/S ratio of 1.6.


New Purchase: Verisk Analytics Inc. (VRSK)

Michael Price initiated holdings in Verisk Analytics Inc.. His purchase prices were between $26.4 and $31, with an estimated average price of $28.47. The impact to his portfolio due to this purchase was 0.08%. His holdings were 10,000 shares as of 12/31/2009.


Verisk Analytics is a provider of risk assessment solutions to professionals in insurance, healthcare, mortgage lending, government, risk management, and human resources. Verisk Analytics Inc. has a market cap of $3.52 billion; its shares were traded at around $27.94 .


Reduced: Armstrong World Industries Inc. (AWI)

Michael Price reduced to his holdings in Armstrong World Industries Inc. by 50%. His sale prices were between $33.4 and $44.69, with an estimated average price of $39.95. The impact to his portfolio due to this sale was -0.06%. Michael Price still held 10,000 shares as of 12/31/2009.


ARMSTRONG WORLD INDUSTRIES INC is a global leader in the design and manufacture of floors, ceilings and cabinets. Armstrong World Industries Inc. has a market cap of $2.17 billion; its shares were traded at around $37.89 with a P/E ratio of 31.3 and P/S ratio of 0.6.


Reduced: Home Bancorp, Inc. (HBCP)

Michael Price reduced to his holdings in Home Bancorp, Inc. by 51.2%. His sale prices were between $11.96 and $12.41, with an estimated average price of $12.23. The impact to his portfolio due to this sale was -0.08%. Michael Price still held 48,900 shares as of 12/31/2009.


HOME BANCORP, INC. is a holding company for Home Bank. Home Bancorp, Inc. has a market cap of $108 million; its shares were traded at around $12.28 with a P/E ratio of 21.9 and P/S ratio of 3.4.


Reduced: Abington Bancorp, Inc. (ABBC)

Michael Price reduced to his holdings in Abington Bancorp, Inc. by 21.11%. His sale prices were between $6.46 and $7.98, with an estimated average price of $6.93. The impact to his portfolio due to this sale was -0.11%. Michael Price still held 280,300 shares as of 12/31/2009.


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. Abington Bancorp, Inc. has a market cap of $161.8 million; its shares were traded at around $7.53 with and P/S ratio of 3.1. The dividend yield of Abington Bancorp, Inc. stocks is 2.6%.


Reduced: Mvc Capital Inc. (MVC)

Michael Price reduced to his holdings in Mvc Capital Inc. by 43.27%. His sale prices were between $8.67 and $12.25, with an estimated average price of $10.14. The impact to his portfolio due to this sale was -0.23%. Michael Price still held 166,400 shares as of 12/31/2009.


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 Capital Inc. has a market cap of $288.4 million; its shares were traded at around $11.87 with and P/S ratio of 11.1. The dividend yield of Mvc Capital Inc. stocks is 4%.


Reduced: American Greetings Corp. (AM)

Michael Price reduced to his holdings in American Greetings Corp. by 24%. His sale prices were between $20.11 and $23.84, with an estimated average price of $21.92. The impact to his portfolio due to this sale was -0.27%. Michael Price still held 190,000 shares as of 12/31/2009.


American Greetings Corporation is the world's largest publicly held creator, manufacturer and distributor of greeting cards and social expression products. American Greetings Corp. has a market cap of $735.6 million; its shares were traded at around $18.63 with a P/E ratio of 11.8 and P/S ratio of 0.4. The dividend yield of American Greetings Corp. stocks is 2.6%.


Reduced: Louisiana Bancorp Inc. (LABC)

Michael Price reduced to his holdings in Louisiana Bancorp Inc. by 34.86%. His sale prices were between $14 and $14.95, with an estimated average price of $14.3. The impact to his portfolio due to this sale was -0.41%. Michael Price still held 298,936 shares as of 12/31/2009.


Louisiana Bancorp, Inc., through its subsidiary, Bank of New Orleans, operates as a savings and loan holding company that provides various banking services principally in southern Louisiana. Louisiana Bancorp Inc. has a market cap of $73.8 million; its shares were traded at around $14.6 with a P/E ratio of 27 and P/S ratio of 4.2.


Reduced: Encore Capital Group Inc (ECPG)

Michael Price reduced to his holdings in Encore Capital Group Inc by 22.21%. His sale prices were between $11.91 and $19.33, with an estimated average price of $16.29. The impact to his portfolio due to this sale was -0.46%. Michael Price still held 440,900 shares as of 12/31/2009.


Encore Capital Group, Inc., formerly MCM Capital Group, Inc. Encore Capital Group Inc has a market cap of $419.4 million; its shares were traded at around $18.11 with a P/E ratio of 14 and P/S ratio of 1.3.


Reduced: Cf Industries Holdings Inc. (CF)

Michael Price reduced to his holdings in Cf Industries Holdings Inc. by 65.1%. His sale prices were between $78.48 and $94.95, with an estimated average price of $86.46. The impact to his portfolio due to this sale was -0.56%. Michael Price still held 34,900 shares as of 12/31/2009.


CF Industries Holdings, Inc. is the holding company for the operations of CF Industries, Inc. Cf Industries Holdings Inc. has a market cap of $5.08 billion; its shares were traded at around $104.65 with a P/E ratio of 10.2 and P/S ratio of 1.3. The dividend yield of Cf Industries Holdings Inc. stocks is 0.4%.


Sold Out: Smithfield Foods Inc. (SFD)

Michael Price sold out his holdings in Smithfield Foods Inc.. His sale prices were between $12.64 and $17.12, with an estimated average price of $15.2.


Smithfield Foods, Inc. is one of the world's largest pork processors and hog producer. Smithfield Foods Inc. has a market cap of $2.75 billion; its shares were traded at around $16.59 with and P/S ratio of 0.2. Smithfield Foods Inc. had an annual average earning growth of 1.9% over the past 10 years.


Sold Out: Eagle Bancorp Inc. (EGBN)

Michael Price sold out his holdings in Eagle Bancorp Inc.. His sale prices were between $8.99 and $10.86, with an estimated average price of $9.76.


EAGLE BANCORP is the holding company for EagleBank. Eagle Bancorp Inc. has a market cap of $215.6 million; its shares were traded at around $11.05 with a P/E ratio of 19.7 and P/S ratio of 2.4.


Sold Out: Websense Inc. (WBSN)

Michael Price sold out his holdings in Websense Inc.. His sale prices were between $15.53 and $18.27, with an estimated average price of $16.81.


Websense Inc. provide employee Internet management products that enable businesses to monitor, report and manage how their employees use the Internet. Websense Inc. has a market cap of $901.2 million; its shares were traded at around $20.6 with a P/E ratio of 29 and P/S ratio of 2.9.


Sold Out: Ico Inc. (ICOC)

Michael Price sold out his holdings in Ico Inc.. His sale prices were between $3.62 and $7.34, with an estimated average price of $5.18.


ICO, INC. provides inspection, reconditioning and coating services for new and used tubular goods and sucker rods utilized in the oil and gas industry. Ico Inc. has a market cap of $218 million; its shares were traded at around $7.87 with a P/E ratio of 39.4 and P/S ratio of 0.7. The dividend yield of Ico Inc. stocks is 1.1%.


Sold Out: Bcsb Bancorp Inc Com (BCSB)

Michael Price sold out his holdings in Bcsb Bancorp Inc Com. His sale prices were between $8.09 and $9.35, with an estimated average price of $8.45.


Baltimore County Savings Bank operates under its holding company, BCSB Bancorp, Inc. Bcsb Bancorp Inc Com has a market cap of $27.8 million; its shares were traded at around $8.9 with and P/S ratio of 0.9.


Sold Out: State Bancorp Inc. (STBC)

Michael Price sold out his holdings in State Bancorp Inc.. His sale prices were between $6.48 and $8.46, with an estimated average price of $7.5.


State Bancorp, Inc. is a bank holding company for the State Bank of Long Island and has no other subsidiaries. State Bancorp Inc. has a market cap of $106.1 million; its shares were traded at around $7.25 with and P/S ratio of 1.3. The dividend yield of State Bancorp Inc. stocks is 2.8%.


Sold Out: Rome Bancorp Inc. (ROME)

Michael Price sold out his holdings in Rome Bancorp Inc.. His sale prices were between $7.78 and $8.6, with an estimated average price of $8.21.


Rome Bancorp, Inc. is a holding company for The Rome Savings Bank, a New York-chartered stock savings bank headquartered in Rome, New York. Rome Bancorp Inc. has a market cap of $58.9 million; its shares were traded at around $8.56 with a P/E ratio of 17.8 and P/S ratio of 3. The dividend yield of Rome Bancorp Inc. stocks is 4.2%. Rome Bancorp Inc. had an annual average earning growth of 21.4% over the past 5 years.