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Weekly Top Insider buys: WalMart Stores Inc., Kimberly-Clark Corp., T. Rowe Price Group Inc., Consolidated Edison Inc., and Nordstrom Inc.

May 22, 2010 | About:
Saj Karsan

gururk

7 followers
Weekly highlight of top insider buys: WalMart Stores Inc. (WMT), Kimberly-Clark Corp. (KMB), T. Rowe Price Group Inc. (TROW), Consolidated Edison Inc. (ED), and Nordstrom Inc. (JWN).



WalMart Stores Inc. (WMT): Director James Breyer Bought 5,000 Shares



Director of WalMart Stores Inc., James Breyer, bought 5,000 shares on 5/20/10 at an average price of $51.37.

Wal-Mart Stores, Inc. is the world's largest retailer. Walmart Stores Inc. has a market cap of $192.7 billion; its shares were traded at around $51.37 with a P/E ratio of 14 and P/S ratio of 0.5. The dividend yield of Walmart Stores Inc. stocks is 2.4%. Walmart Stores Inc. had an annual average earning growth of 11.1% over the past 10 years. GuruFocus rated Walmart Stores Inc. the business predictability rank of 5-star.



On May 18, Wal-Mart Stores, Inc. reported record first quarter sales and earnings for the period ended April 30, 2010. Net sales for the first quarter of fiscal year 2011 were $99.1 billion, an increase of 6.0 percent from $93.5 billion in the first quarter last year. Net sales for the first quarter included a currency exchange rate benefit of $2.5 billion. Income from continuing operations attributable to Walmart for the quarter increased to $3.3 billion from $3.0 billion in the first quarter last year.



WalMart Stores Inc. is owned by twenty Gurus: Bill Gates, Donald Yacktman, George Soros, Mark Hillman, Bill Nygren, Ruane Cunniff, Tom Gayner, Warren Buffett, Wallace Weitz, Prem Watsa, Brian Rogers, Ronald Muhlenkamp, PRIMECAP Management, Jean-Marie Eveillard, Dodge & Cox, Hotckis & Wiley, Kenneth Fisher, Private Capital, Arnold Van Den Berg, and Tweedy Browne.



Last week, Buy:: Director James Breyer bought 5,000 shares of WMT stock.



Kimberly-Clark Corp. (KMB): Director Robert W Decherd Bought 3,000 Shares

Director of Kimberly-Clark Corp., Robert W Decherd, bought 3,000 shares on 5/17/10 at an average price of $61.62.

Kimberly-Clark Corporation is a consumer products companies. Kimberly-Clark Corp. has a market cap of $25.64 billion; its shares were traded at around $61.62 with a P/E ratio of 12.6 and P/S ratio of 1.4. The dividend yield of Kimberly-Clark Corp. stocks is 4.3%. Kimberly-Clark Corp. had an annual average earning growth of 3.4% over the past 10 years. GuruFocus rated Kimberly-Clark Corp. the business predictability rank of 3.5-star.

On April 22, Kimberly-Clark Corporation reported that net sales in the first quarter of 2010 increased 7.6 percent to $4.8 billion, including an approximate 5 percent benefit from stronger foreign currency exchange rates. Organic sales rose 2 percent, with sales volumes and net selling prices each up 1 percent. The combined impact of the I-Flow Corporation and Jackson Safety acquisitions completed in 2009 added an additional point of sales growth in the quarter. The organic volume growth was highlighted by an 8 percent increase for the company's global Health Care business and a 5 percent gain for K-C's international operations in Asia, Latin America, the Middle East, Eastern Europe and Africa.



KimberlyClark Corp. is in the portfolios of seven Gurus: David Dreman, Kenneth Fisher, Brian Rogers, NWQ Managers, Robert Olstein, Dodge & Cox, and Richard Aster Jr.



Last week, Buy:: Director Robert W Decherd bought 3,000 shares of KMB stock. Buy:: SVP & Chief Strategy Officer Christian A. Brickman bought 9,000 shares in April; Buy:: Director Robert W Decherd bought 5,000 shares in February.



T. Rowe Price Group Inc. (TROW): Vice President Michael C. Gitlin Bought 2,000 Shares

Vice President of T. Rowe Price Group Inc., Michael C. Gitlin, bought 2,000 shares on 5/21/10 at an average price of $50.99.

T. Rowe Price Associates, Inc. is an investment adviser to individual and institutional investors in the sponsored T. T. Rowe Price Group Inc. has a market cap of $13.2 billion; its shares were traded at around $50.99 with a P/E ratio of 25.2 and P/S ratio of 7.1. The dividend yield of T. Rowe Price Group Inc. stocks is 2%. T. Rowe Price Group Inc. had an annual average earning growth of 10.6% over the past 10 years.

On April 23, T. Rowe Price Group, Inc. reported its first quarter 2010 results, including net revenues of $556.2 million, net income of $153.0 million, and diluted earnings per common share of $.57. On a comparable basis, net revenues were $384.5 million in the first quarter of 2009 when net income was $48.2 million and diluted earnings per common share was $.19.



T. Rowe Price Group Inc. is owned by eight Gurus: Tom Gayner, John Rogers, Ron Baron, Richard Aster Jr., Ruane Cunniff, Chris Davis, Chuck Akre, and Kenneth Fisher.



Last week, Buy:: Vice President Michael C. Gitlin bought 2,000 shares of TROW stock. Sell:: Director James T Brady and Sell:: Vice President Wayne D Omelia sold shares this month; Sell:: Director Donald B Jr Hebb and Sell:: Director James T Brady sold shares in March.



Consolidated Edison Inc. (ED): President (CECONY) Craig S Ivey Bought 6,200 Shares

President (CECONY) of Consolidated Edison Inc., Craig S Ivey, bought 6,200 shares on 5/19/10 at an average price of $43.29.

On May 6, Consolidated Edison, Inc. reported first quarter earnings of $226 million or $0.80 a share compared with $180 million or $0.66 a share in 2009. Earnings from ongoing operations, which exclude the net mark-to-market effects of the competitive energy businesses, were $264 million or $0.93 a share compared with $214 million or $0.78 a share in 2009.

Consolidated Edison, Inc. is one of the nation's largest investor-owned energy companies. Consolidated Edison Inc. has a market cap of $12.18 billion; its shares were traded at around $43.29 with a P/E ratio of 13.2 and P/S ratio of 1. The dividend yield of Consolidated Edison Inc. stocks is 5.6%. Consolidated Edison Inc. had an annual average earning growth of 0.2% over the past 10 years.



Consolidated Edison Inc. is in the portfolio of John Hussman.

Last week, Buy:: President (CECONY) Craig S Ivey bought 6,200 shares of ED stock. Buy:: SVP, Business Shared Services Joann F Ryan, Buy:: General Counsel Elizabeth D Moore, Buy:: SVP Enterprise Shared Services Luther Tai, and Buy:: VP & Chief Accounting Officer Robert Muccilo bought shares in April.

Nordstrom Inc. (JWN): Director Philip G Satre Bought 2,500 Shares

Director of Nordstrom Inc., Philip G Satre, bought 2,500 shares on 5/20/10 at an average price of $38.12.

Nordstrom, Inc. is a fashion specialty retailers, with stores located in a number of states, including full-line stores, Nordstrom Racks, Faconnable boutiques, and free-standing shoe stores. Nordstrom Inc. has a market cap of $8.31 billion; its shares were traded at around $38.12 with a P/E ratio of 17.8 and P/S ratio of 1. The dividend yield of Nordstrom Inc. stocks is 1.8%. Nordstrom Inc. had an annual average earning growth of 30.5% over the past 10 years. GuruFocus rated Nordstrom Inc. the business predictability rank of 4-star.



On May 13, Nordstrom, Inc. reported net earnings of $116 million, or $0.52 per diluted share, for the first quarter ended May 1, 2010. This represented an increase of 43.8 percent compared with net earnings of $81 million, or $0.37 per diluted share, for the same quarter last year. First quarter same-store sales increased 12.0 percent compared with the same period in fiscal 2009. Net sales in the first quarter were $1.99 billion, an increase of 16.7 percent compared with net sales of $1.71 billion during the same period in fiscal 2009.



Nordstrom Inc. is owned by four Gurus: Ken heebner, PRIMECAP Management, Kenneth Fisher, and John Rogers.

Last week, Buy:: Director Philip G Satre bought 2,500 shares of JWN stock. Sell:: Executive Vice President Michael G Koppel, Sell:: Executive Vice President James F Jr Nordstrom, and Sell:: Executive Vice President Michael G Koppel sold shares in April;

Sell:: Executive Vice President Kevin T Knight sold 23,474 shares in March.

For the complete list of stocks that bought by their company executives, go to: Insider Buys.

About the author:

gururk
Saj Karsan founded an investment and research firm that is based on the principles of value investing. He has an MBA from the Richard Ivey School of Business, and an undergraduate engineering degree from McGill University.

Rating: 3.0/5 (2 votes)

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