Is Prem Watsa seeing an overvalued market? His equity positions are at the lowest level in years. This is Q3 portfolio update.
Prem Watsa famously hedged his stock investment in 2007, took the advantage of the market crash, and made big bucks for Fairfax Financial. Now we are seeing that his equity positions are at the lowest level for years. He is selling his positions in banks, real estate and energy. He is not buying much.
This is the details of buys and sells.
Prem Watsa buys Research In Motion Ltd., Glg Partners, Inc., Hologic Inc., sells Wesco Financial Corp, Dominion Resources Inc., 1st Century Bancshares Inc, Pg&e Corp., Public Service Enterprise Group, Xcel Energy Inc., Duke Energy Corp., Consolidated Edison Inc., Ppl Corp., The Southern Company, Sempra Energy, Sybase Inc., Everest Re Group Ltd. during the 3-months ended 09/30/2010, according to the most recent filings of his investment company, Fairfax Financial Holdings, Inc.. Prem Watsa owns 42 stocks with a total value of $2.3 billion. These are the details of the buys and sells.
This is the sector weightings of his portfolio:
These are the top 5 holdings of Prem Watsa
Added: Slm Corp. (SLM)
Prem Watsa added to his holdings in Slm Corp. by 66.67%. His purchase prices were between $10.32 and $12.3, with an estimated average price of $11.53. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 25,000 shares as of 09/30/2010.
SLM Corporation is the one of nation's largest private sources of funding and servicing support for higher education loans for students and their parents. Slm Corp. has a market cap of $5.74 billion; its shares were traded at around $11.81 with a P/E ratio of 7.6 and P/S ratio of 1.2. Slm Corp. had an annual average earning growth of 9.8% over the past 10 years.
Added: Nam Tai Electronics Inc. (NTE)
Prem Watsa added to his holdings in Nam Tai Electronics Inc. by 40%. His purchase prices were between $4.07 and $4.95, with an estimated average price of $4.64. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 35,000 shares as of 09/30/2010.
Nam Tai Electronics Inc. provides design and manufacturing services to original equipment manufacturers of consumer electronic products. Nam Tai Electronics Inc. has a market cap of $283.2 million; its shares were traded at around $6.32 with a P/E ratio of 26.4 and P/S ratio of 0.7.
New Purchase: Research In Motion Ltd. (RIMM, Financial)
Prem Watsa initiated holdings in Research In Motion Ltd.. His purchase prices were between $42.84 and $57.53, with an estimated average price of $50.19. The impact to his portfolio due to this purchase was 4.49%. His holdings were 2,065,000 shares as of 09/30/2010.
RESEARCH IN MOTION is a world leader in the mobile communications market and has a history of developing breakthrough wireless solutions. Research In Motion Ltd. has a market cap of $30.67 billion; its shares were traded at around $58.8 with a P/E ratio of 11.3 and P/S ratio of 2. Research In Motion Ltd. had an annual average earning growth of 55% over the past 5 years.
New Purchase: Hologic Inc. (HOLX, Financial)
Prem Watsa initiated holdings in Hologic Inc.. His purchase prices were between $13.31 and $16.66, with an estimated average price of $14.89. The impact to his portfolio due to this purchase was 0.01%. His holdings were 15,000 shares as of 09/30/2010.
Hologic Inc. is a supplier of high quality, innovative and clinically valuable diagnostic systems and tests. Hologic Inc. has a market cap of $4.34 billion; its shares were traded at around $16.76 with a P/E ratio of 14.4 and P/S ratio of 2.7.
Reduced: Kraft Foods Inc. (KFT, Financial)
Prem Watsa reduced to his holdings in Kraft Foods Inc. by 47.13%. His sale prices were between $27.82 and $31.95, with an estimated average price of $29.94. The impact to his portfolio due to this sale was -6.51%. Prem Watsa still held 5,365,751 shares as of 09/30/2010.
Kraft Foods, Inc. is the largest branded food and beverage company headquartered in the U. Kraft Foods Inc. has a market cap of $53.4 billion; its shares were traded at around $30.62 with a P/E ratio of 15.2 and P/S ratio of 1.3. The dividend yield of Kraft Foods Inc. stocks is 3.8%. Kraft Foods Inc. had an annual average earning growth of 1.7% over the past 5 years.
Reduced: U.s. Bancorp (USB, Financial)
Prem Watsa reduced to his holdings in U.s. Bancorp by 60.66%. His sale prices were between $20.71 and $24.51, with an estimated average price of $22.79. The impact to his portfolio due to this sale was -6.52%. Prem Watsa still held 4,448,310 shares as of 09/30/2010.
U.S. Bancorp is a financial services holding company. U.s. Bancorp has a market cap of $47.2 billion; its shares were traded at around $24.62 with a P/E ratio of 16 and P/S ratio of 2.4. The dividend yield of U.s. Bancorp stocks is 0.8%. U.s. Bancorp had an annual average earning growth of 2.1% over the past 10 years.
Reduced: Wells Fargo & Company (WFC, Financial)
Prem Watsa reduced to his holdings in Wells Fargo & Company by 67.74%. His sale prices were between $23.25 and $28.57, with an estimated average price of $26.11. The impact to his portfolio due to this sale was -10.54%. Prem Watsa still held 4,540,530 shares as of 09/30/2010.
Wells Fargo & Company is a diversified financial services company providing banking, insurance, investments, mortgage and consumer finance services through stores, its Internet site and other distribution channels across North America as well as internationally. Wells Fargo & Company has a market cap of $144.13 billion; its shares were traded at around $27.54 with a P/E ratio of 16 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 5.1% over the past 10 years.
Sold Out: 1st Century Bancshares Inc (FCTY)
Prem Watsa sold out his holdings in 1st Century Bancshares Inc. His sale prices were between $3.2 and $3.75, with an estimated average price of $3.46.
1st Century Bancshares, Inc. is a bank holding company that operates through its wholly owned subsidiary, 1st Century Bank, National Association that provides a range of commercial banking services in California. 1st Century Bancshares Inc has a market cap of $36.4 million; its shares were traded at around $3.88 .
Sold Out: Wesco Financial Corp (WSC)
Prem Watsa sold out his holdings in Wesco Financial Corp. His sale prices were between $319.75 and $364, with an estimated average price of $343.12.
Wesco Financial Corp. is engaged in three principal businesses through wholly owned subsidiaries: the insurance business, through Wesco-Financial Insurance Company and The Kansas Bankers Surety Company; and the steel service center business, through Precision Steel Warehouse, Inc. Wesco Financial Corp has a market cap of $2.59 billion; its shares were traded at around $363.86 with a P/E ratio of 40.1 and P/S ratio of 3.2. The dividend yield of Wesco Financial Corp stocks is 0.4%.
Sold Out: Xcel Energy Inc. (XEL)
Prem Watsa sold out his holdings in Xcel Energy Inc.. His sale prices were between $20.71 and $23.14, with an estimated average price of $22.29.
Xcel Energy Inc. is predominantly an operating public utility engaged in the generation, transmission and distribution of electricity and the transportation, storage and distribution of natural gas. Xcel Energy Inc. has a market cap of $11.44 billion; its shares were traded at around $23.89 with a P/E ratio of 13.7 and P/S ratio of 1.2. The dividend yield of Xcel Energy Inc. stocks is 4.2%. Xcel Energy Inc. had an annual average earning growth of 2.3% over the past 5 years.
Sold Out: Ppl Corp. (PPL)
Prem Watsa sold out his holdings in Ppl Corp.. His sale prices were between $25.46 and $27.85, with an estimated average price of $26.84.
PPL Corporation is an energy and utility holding company. Ppl Corp. has a market cap of $12.61 billion; its shares were traded at around $26.12 with a P/E ratio of 9.3 and P/S ratio of 1.7. The dividend yield of Ppl Corp. stocks is 5.4%.
Sold Out: Sempra Energy (SRE)
Prem Watsa sold out his holdings in Sempra Energy. His sale prices were between $46.51 and $53.93, with an estimated average price of $51.34.
Sempra Energy is an energy services holding company. Sempra Energy has a market cap of $12.63 billion; its shares were traded at around $50.97 with a P/E ratio of 12.4 and P/S ratio of 1.5. The dividend yield of Sempra Energy stocks is 3.1%. Sempra Energy had an annual average earning growth of 2.1% over the past 10 years.
Sold Out: Public Service Enterprise Group (PEG)
Prem Watsa sold out his holdings in Public Service Enterprise Group. His sale prices were between $31.38 and $34.78, with an estimated average price of $32.61.
Public Service Entertainment Group has been an active participant in the ongoing policy debate on how the energy industry can best contribute to achieving the nation's environmental objectives. Public Service Enterprise Group has a market cap of $16.02 billion; its shares were traded at around $31.66 with a P/E ratio of 10 and P/S ratio of 1.3. The dividend yield of Public Service Enterprise Group stocks is 4.3%. Public Service Enterprise Group had an annual average earning growth of 3.6% over the past 10 years.
Sold Out: Pg&e Corp. (PCG)
Prem Watsa sold out his holdings in Pg&e Corp.. His sale prices were between $40.73 and $48.24, with an estimated average price of $45.11.
PG&E Corporation is an energy-based holding company. Pg&e Corp. has a market cap of $18.55 billion; its shares were traded at around $47.47 with a P/E ratio of 13.5 and P/S ratio of 1.4. The dividend yield of Pg&e Corp. stocks is 3.8%. Pg&e Corp. had an annual average earning growth of 3.1% over the past 5 years.
Sold Out: Duke Energy Corp. (DUK)
Prem Watsa sold out his holdings in Duke Energy Corp.. His sale prices were between $16.06 and $17.99, with an estimated average price of $17.27.
Duke Energy Corporation is an integrated energy and energy services provider with the ability to offer physical delivery and management of both electricity and natural gas throughout the U. Duke Energy Corp. has a market cap of $23.46 billion; its shares were traded at around $17.79 with a P/E ratio of 11.9 and P/S ratio of 1.9. The dividend yield of Duke Energy Corp. stocks is 5.5%.
Sold Out: Dominion Resources Inc. (D)
Prem Watsa sold out his holdings in Dominion Resources Inc.. His sale prices were between $38.67 and $44.71, with an estimated average price of $42.96.
Dominion Resources is a producer of energy. Dominion has one of the larger British Thermal Unit production capability among integrated utilities in the northeast quadrant of the United States. Dominion Resources Inc. has a market cap of $25.25 billion; its shares were traded at around $42.86 with a P/E ratio of 12.9 and P/S ratio of 1.7. The dividend yield of Dominion Resources Inc. stocks is 4.3%. Dominion Resources Inc. had an annual average earning growth of 0.8% over the past 10 years. GuruFocus rated Dominion Resources Inc. the business predictability rank of 2.5-star.
Sold Out: Consolidated Edison Inc. (ED)
Prem Watsa sold out his holdings in Consolidated Edison Inc.. His sale prices were between $43.19 and $48.79, with an estimated average price of $47.05.
Consolidated Edison, Inc. is one of the nation's largest investor-owned energy companies. Consolidated Edison Inc. has a market cap of $14.43 billion; its shares were traded at around $49.74 with a P/E ratio of 14.5 and P/S ratio of 1.1. The dividend yield of Consolidated Edison Inc. stocks is 4.7%. Consolidated Edison Inc. had an annual average earning growth of 0.2% over the past 10 years.
Sold Out: The Southern Company (SO, Financial)
Prem Watsa sold out his holdings in The Southern Company. His sale prices were between $33.38 and $37.52, with an estimated average price of $36.14.
Southern Energy acquires, develops, builds, owns and operates power production and delivery facilities and provides a broad range ofenergy-related services to utilities and industrial companies in selectedcountries around the world. The Southern Company has a market cap of $31.64 billion; its shares were traded at around $38.09 with a P/E ratio of 15.2 and P/S ratio of 2. The dividend yield of The Southern Company stocks is 4.7%. The Southern Company had an annual average earning growth of 2.1% over the past 10 years.
Sold Out: Everest Re Group Ltd. (RE, Financial)
Prem Watsa sold out his holdings in Everest Re Group Ltd.. His sale prices were between $69.24 and $86.13, with an estimated average price of $78.74.
Everest Re Group, Ltd. is a world leader in property and casualty reinsurance and insurance, offering innovative products, responsive service and unsurpassed financial strength. Everest Re Group Ltd. has a market cap of $4.87 billion; its shares were traded at around $86.56 with a P/E ratio of 11.2 and P/S ratio of 1.1. The dividend yield of Everest Re Group Ltd. stocks is 2.2%.
Also check out:
Prem Watsa famously hedged his stock investment in 2007, took the advantage of the market crash, and made big bucks for Fairfax Financial. Now we are seeing that his equity positions are at the lowest level for years. He is selling his positions in banks, real estate and energy. He is not buying much.
This is the details of buys and sells.
Prem Watsa buys Research In Motion Ltd., Glg Partners, Inc., Hologic Inc., sells Wesco Financial Corp, Dominion Resources Inc., 1st Century Bancshares Inc, Pg&e Corp., Public Service Enterprise Group, Xcel Energy Inc., Duke Energy Corp., Consolidated Edison Inc., Ppl Corp., The Southern Company, Sempra Energy, Sybase Inc., Everest Re Group Ltd. during the 3-months ended 09/30/2010, according to the most recent filings of his investment company, Fairfax Financial Holdings, Inc.. Prem Watsa owns 42 stocks with a total value of $2.3 billion. These are the details of the buys and sells.
- New Purchases: RIMM, HOLX,
- Added Positions: NTE, SLM,
- Reduced Positions: KFT, USB, WFC,
- Sold Out: FCTY, WSC, XEL, SRE, PPL, PEG, PCG, D, DUK, ED, SO, RE,
This is the sector weightings of his portfolio:
| Health Care | 19% |
| Technology | 17.5% |
| Telecommunications | 12.9% |
| Basic Materials | 10.6% |
| Financials | 10.5% |
| Consumer Goods | 8.8% |
| Consumer Services | 4.1% |
| Industrials | 4% |
| Oil & Gas | 1% |
These are the top 5 holdings of Prem Watsa
- Johnson & Johnson (JNJ) - 6,884,300 shares, 18.79% of the total portfolio.
- Dell Inc. (DELL) - 22,817,389 shares, 13.02% of the total portfolio.
- International Coal Group Inc. (ICO) - 45,155,588 shares, 10.56% of the total portfolio.
- Kraft Foods Inc. (KFT) - 5,365,751 shares, 7.3% of the total portfolio. Shares reduced by 47.13%
- FRONTIER COMMUN CP (FTR) - 18,620,000 shares, 6.69% of the total portfolio.
Added: Slm Corp. (SLM)
Prem Watsa added to his holdings in Slm Corp. by 66.67%. His purchase prices were between $10.32 and $12.3, with an estimated average price of $11.53. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 25,000 shares as of 09/30/2010.
SLM Corporation is the one of nation's largest private sources of funding and servicing support for higher education loans for students and their parents. Slm Corp. has a market cap of $5.74 billion; its shares were traded at around $11.81 with a P/E ratio of 7.6 and P/S ratio of 1.2. Slm Corp. had an annual average earning growth of 9.8% over the past 10 years.
Added: Nam Tai Electronics Inc. (NTE)
Prem Watsa added to his holdings in Nam Tai Electronics Inc. by 40%. His purchase prices were between $4.07 and $4.95, with an estimated average price of $4.64. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 35,000 shares as of 09/30/2010.
Nam Tai Electronics Inc. provides design and manufacturing services to original equipment manufacturers of consumer electronic products. Nam Tai Electronics Inc. has a market cap of $283.2 million; its shares were traded at around $6.32 with a P/E ratio of 26.4 and P/S ratio of 0.7.
New Purchase: Research In Motion Ltd. (RIMM, Financial)
Prem Watsa initiated holdings in Research In Motion Ltd.. His purchase prices were between $42.84 and $57.53, with an estimated average price of $50.19. The impact to his portfolio due to this purchase was 4.49%. His holdings were 2,065,000 shares as of 09/30/2010.
RESEARCH IN MOTION is a world leader in the mobile communications market and has a history of developing breakthrough wireless solutions. Research In Motion Ltd. has a market cap of $30.67 billion; its shares were traded at around $58.8 with a P/E ratio of 11.3 and P/S ratio of 2. Research In Motion Ltd. had an annual average earning growth of 55% over the past 5 years.
New Purchase: Hologic Inc. (HOLX, Financial)
Prem Watsa initiated holdings in Hologic Inc.. His purchase prices were between $13.31 and $16.66, with an estimated average price of $14.89. The impact to his portfolio due to this purchase was 0.01%. His holdings were 15,000 shares as of 09/30/2010.
Hologic Inc. is a supplier of high quality, innovative and clinically valuable diagnostic systems and tests. Hologic Inc. has a market cap of $4.34 billion; its shares were traded at around $16.76 with a P/E ratio of 14.4 and P/S ratio of 2.7.
Reduced: Kraft Foods Inc. (KFT, Financial)
Prem Watsa reduced to his holdings in Kraft Foods Inc. by 47.13%. His sale prices were between $27.82 and $31.95, with an estimated average price of $29.94. The impact to his portfolio due to this sale was -6.51%. Prem Watsa still held 5,365,751 shares as of 09/30/2010.
Kraft Foods, Inc. is the largest branded food and beverage company headquartered in the U. Kraft Foods Inc. has a market cap of $53.4 billion; its shares were traded at around $30.62 with a P/E ratio of 15.2 and P/S ratio of 1.3. The dividend yield of Kraft Foods Inc. stocks is 3.8%. Kraft Foods Inc. had an annual average earning growth of 1.7% over the past 5 years.
Reduced: U.s. Bancorp (USB, Financial)
Prem Watsa reduced to his holdings in U.s. Bancorp by 60.66%. His sale prices were between $20.71 and $24.51, with an estimated average price of $22.79. The impact to his portfolio due to this sale was -6.52%. Prem Watsa still held 4,448,310 shares as of 09/30/2010.
U.S. Bancorp is a financial services holding company. U.s. Bancorp has a market cap of $47.2 billion; its shares were traded at around $24.62 with a P/E ratio of 16 and P/S ratio of 2.4. The dividend yield of U.s. Bancorp stocks is 0.8%. U.s. Bancorp had an annual average earning growth of 2.1% over the past 10 years.
Reduced: Wells Fargo & Company (WFC, Financial)
Prem Watsa reduced to his holdings in Wells Fargo & Company by 67.74%. His sale prices were between $23.25 and $28.57, with an estimated average price of $26.11. The impact to his portfolio due to this sale was -10.54%. Prem Watsa still held 4,540,530 shares as of 09/30/2010.
Wells Fargo & Company is a diversified financial services company providing banking, insurance, investments, mortgage and consumer finance services through stores, its Internet site and other distribution channels across North America as well as internationally. Wells Fargo & Company has a market cap of $144.13 billion; its shares were traded at around $27.54 with a P/E ratio of 16 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 5.1% over the past 10 years.
Sold Out: 1st Century Bancshares Inc (FCTY)
Prem Watsa sold out his holdings in 1st Century Bancshares Inc. His sale prices were between $3.2 and $3.75, with an estimated average price of $3.46.
1st Century Bancshares, Inc. is a bank holding company that operates through its wholly owned subsidiary, 1st Century Bank, National Association that provides a range of commercial banking services in California. 1st Century Bancshares Inc has a market cap of $36.4 million; its shares were traded at around $3.88 .
Sold Out: Wesco Financial Corp (WSC)
Prem Watsa sold out his holdings in Wesco Financial Corp. His sale prices were between $319.75 and $364, with an estimated average price of $343.12.
Wesco Financial Corp. is engaged in three principal businesses through wholly owned subsidiaries: the insurance business, through Wesco-Financial Insurance Company and The Kansas Bankers Surety Company; and the steel service center business, through Precision Steel Warehouse, Inc. Wesco Financial Corp has a market cap of $2.59 billion; its shares were traded at around $363.86 with a P/E ratio of 40.1 and P/S ratio of 3.2. The dividend yield of Wesco Financial Corp stocks is 0.4%.
Sold Out: Xcel Energy Inc. (XEL)
Prem Watsa sold out his holdings in Xcel Energy Inc.. His sale prices were between $20.71 and $23.14, with an estimated average price of $22.29.
Xcel Energy Inc. is predominantly an operating public utility engaged in the generation, transmission and distribution of electricity and the transportation, storage and distribution of natural gas. Xcel Energy Inc. has a market cap of $11.44 billion; its shares were traded at around $23.89 with a P/E ratio of 13.7 and P/S ratio of 1.2. The dividend yield of Xcel Energy Inc. stocks is 4.2%. Xcel Energy Inc. had an annual average earning growth of 2.3% over the past 5 years.
Sold Out: Ppl Corp. (PPL)
Prem Watsa sold out his holdings in Ppl Corp.. His sale prices were between $25.46 and $27.85, with an estimated average price of $26.84.
PPL Corporation is an energy and utility holding company. Ppl Corp. has a market cap of $12.61 billion; its shares were traded at around $26.12 with a P/E ratio of 9.3 and P/S ratio of 1.7. The dividend yield of Ppl Corp. stocks is 5.4%.
Sold Out: Sempra Energy (SRE)
Prem Watsa sold out his holdings in Sempra Energy. His sale prices were between $46.51 and $53.93, with an estimated average price of $51.34.
Sempra Energy is an energy services holding company. Sempra Energy has a market cap of $12.63 billion; its shares were traded at around $50.97 with a P/E ratio of 12.4 and P/S ratio of 1.5. The dividend yield of Sempra Energy stocks is 3.1%. Sempra Energy had an annual average earning growth of 2.1% over the past 10 years.
Sold Out: Public Service Enterprise Group (PEG)
Prem Watsa sold out his holdings in Public Service Enterprise Group. His sale prices were between $31.38 and $34.78, with an estimated average price of $32.61.
Public Service Entertainment Group has been an active participant in the ongoing policy debate on how the energy industry can best contribute to achieving the nation's environmental objectives. Public Service Enterprise Group has a market cap of $16.02 billion; its shares were traded at around $31.66 with a P/E ratio of 10 and P/S ratio of 1.3. The dividend yield of Public Service Enterprise Group stocks is 4.3%. Public Service Enterprise Group had an annual average earning growth of 3.6% over the past 10 years.
Sold Out: Pg&e Corp. (PCG)
Prem Watsa sold out his holdings in Pg&e Corp.. His sale prices were between $40.73 and $48.24, with an estimated average price of $45.11.
PG&E Corporation is an energy-based holding company. Pg&e Corp. has a market cap of $18.55 billion; its shares were traded at around $47.47 with a P/E ratio of 13.5 and P/S ratio of 1.4. The dividend yield of Pg&e Corp. stocks is 3.8%. Pg&e Corp. had an annual average earning growth of 3.1% over the past 5 years.
Sold Out: Duke Energy Corp. (DUK)
Prem Watsa sold out his holdings in Duke Energy Corp.. His sale prices were between $16.06 and $17.99, with an estimated average price of $17.27.
Duke Energy Corporation is an integrated energy and energy services provider with the ability to offer physical delivery and management of both electricity and natural gas throughout the U. Duke Energy Corp. has a market cap of $23.46 billion; its shares were traded at around $17.79 with a P/E ratio of 11.9 and P/S ratio of 1.9. The dividend yield of Duke Energy Corp. stocks is 5.5%.
Sold Out: Dominion Resources Inc. (D)
Prem Watsa sold out his holdings in Dominion Resources Inc.. His sale prices were between $38.67 and $44.71, with an estimated average price of $42.96.
Dominion Resources is a producer of energy. Dominion has one of the larger British Thermal Unit production capability among integrated utilities in the northeast quadrant of the United States. Dominion Resources Inc. has a market cap of $25.25 billion; its shares were traded at around $42.86 with a P/E ratio of 12.9 and P/S ratio of 1.7. The dividend yield of Dominion Resources Inc. stocks is 4.3%. Dominion Resources Inc. had an annual average earning growth of 0.8% over the past 10 years. GuruFocus rated Dominion Resources Inc. the business predictability rank of 2.5-star.
Sold Out: Consolidated Edison Inc. (ED)
Prem Watsa sold out his holdings in Consolidated Edison Inc.. His sale prices were between $43.19 and $48.79, with an estimated average price of $47.05.
Consolidated Edison, Inc. is one of the nation's largest investor-owned energy companies. Consolidated Edison Inc. has a market cap of $14.43 billion; its shares were traded at around $49.74 with a P/E ratio of 14.5 and P/S ratio of 1.1. The dividend yield of Consolidated Edison Inc. stocks is 4.7%. Consolidated Edison Inc. had an annual average earning growth of 0.2% over the past 10 years.
Sold Out: The Southern Company (SO, Financial)
Prem Watsa sold out his holdings in The Southern Company. His sale prices were between $33.38 and $37.52, with an estimated average price of $36.14.
Southern Energy acquires, develops, builds, owns and operates power production and delivery facilities and provides a broad range ofenergy-related services to utilities and industrial companies in selectedcountries around the world. The Southern Company has a market cap of $31.64 billion; its shares were traded at around $38.09 with a P/E ratio of 15.2 and P/S ratio of 2. The dividend yield of The Southern Company stocks is 4.7%. The Southern Company had an annual average earning growth of 2.1% over the past 10 years.
Sold Out: Everest Re Group Ltd. (RE, Financial)
Prem Watsa sold out his holdings in Everest Re Group Ltd.. His sale prices were between $69.24 and $86.13, with an estimated average price of $78.74.
Everest Re Group, Ltd. is a world leader in property and casualty reinsurance and insurance, offering innovative products, responsive service and unsurpassed financial strength. Everest Re Group Ltd. has a market cap of $4.87 billion; its shares were traded at around $86.56 with a P/E ratio of 11.2 and P/S ratio of 1.1. The dividend yield of Everest Re Group Ltd. stocks is 2.2%.
Also check out:
