Weekly Top Insider Buys: SXC, MAIN, STEI, LTS, HUSA

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Jan 09, 2012
Weekly highlight of top insider buys: SunCoke Energy (SXC, Financial), Main Street Capital (MAIN, Financial), Stewart Enterprises Inc. (STEI, Financial), Ladenburg Thalmann Financial Services Inc. (LTS, Financial), and Houston American Energy Group (HUSA, Financial).


SunCoke Energy (SXC): Senior Vice President and CFO Mark Newman Bought 6,400 Shares



Senior Vice President and CFO of SunCoke Energy, Mark Newman, bought 6,400 shares on 12/29/2011 at an average price of $11.7. SunCoke Energy Inc is a producer of metallurgical coke in the Americas. SunCoke Energy has a market cap of $819.1 million; its shares were traded at around $11.7.


On November 2, SunCoke Energy Inc. reported third quarter 2011 net income attributable to shareholders of $18.4 million compared with $37.4 million for the third quarter 2010. On a per-share basis, third quarter 2011 earnings were $0.26 per share compared with $0.53 per share for the third quarter 2010.


Last month, Senior Vice President and CFO Mark Newman and President and Chief Operating Michael J. Thomson bought shares of SXC stock. Chairman and Chief Executive Frederick A. Henderson and Director Alvin Bledsoe bought shares in August. Director Brian P. Macdonald bought 10,000 shares in July.


Main Street Capital (MAIN): Director Michael Appling Jr. Bought 5,000 Shares



Director of Main Street Capital, Michael Appling Jr., bought 5,000 shares on 12/30/2011 at an average price of $21.36. Main Street Capital Corporation is a specialty investment company providing customized financing solutions to lower middle market companies which operate in diverse industry sectors. Main Street Capital has a market cap of $569.7 million; its shares were traded at around $21.36 with a P/E ratio of 13.6 and P/S ratio of 15.7. The dividend yield of Main Street Capital stocks is 7.6%.


On November 3, Main Street Capital announced today financial results for the third quarter ended Sept. 30, 2011. Total investment income of $17.1 million, representing a 90% increase from third quarter 2010. Distributable net investment income of $11.0 million (or $0.46 per share), representing a 110% increase from third quarter 2010.


Last week, Director Michael Appling Jr. bought 5,000 shares of MAIN stock. President Todd A. Reppert, Senior Vice President, CCO and Treasurer Rodger A. Stout, CEO Vincent D. Foster, and President and CFO Todd A. Reppert bought shares in November.


Stewart Enterprises Inc. (STEI): Vice President and Senior Administrative Officer Lisa T. Winningkoff Bought 2,000 Shares



Vice President and Senior Administrative Officer of Stewart Enterprises Inc., Lisa T. Winningkoff, bought 2,000 shares on 12/30/2011 at an average price of $5.79. Stewart Enterprises Inc. is a provider of products and services in the death care industry in North America. Stewart Enterprises Inc. has a market cap of $506.8 million; its shares were traded at around $5.79 with a P/E ratio of 16.5 and P/S ratio of 1. The dividend yield of Stewart Enterprises Inc. stocks is 2.4%. Stewart Enterprises Inc. had an annual average earnings growth of 1.5% over the past five years.


On December 15, Stewart Enterprises Inc. reported its results for the fourth quarter and fiscal year ended Oct. 31, 2011. For the quarter ended Oct. 31, 2011, the company reported net earnings from continuing operations of $8.5 million, or $.10 per diluted share, compared to net earnings from continuing operations of $8.7 million, or $.09 per diluted share, for the quarter ended Oct. 31, 2010. The company reported net earnings from continuing operations for fiscal year 2011 of $38.6 million, or $.42 per diluted share, compared to net earnings from continuing operations of $30.6 million, or $.33 per diluted share, for fiscal year 2010.


Last week, Senior Vice President Corporate Development and Investor Relations Laureal Martin De and Vice President and Senior Administrative Officer Lisa T. Winningkoff shares of STEI stock. CEO Thomas M. Kitchen bought 2,500 shares in December. Executive Vice President Operations and Sales Kenneth G. Myers Jr. bought 2,500 shares in October. Vice President of Marketing Philip G. Sprick and CFO Lewis J. Derbes Jr. bought shares in September.


Ladenburg Thalmann Financial Services Inc. (LTS): Director Jacqueline M. Simkin Bought 8,000 Shares



Director of Ladenburg Thalmann Financial Services Inc., Jacqueline M. Simkin, bought 8,000 shares during the past week at an average price of $2.58. Ladenburg Thalmann Financial Services is a holding company engaged in the retail and institutional securities brokerage business and, through its subsidiary GBI Capital Partners Inc., Ladenburg Thalmann Financial Services Inc. has a market cap of $472.1 million; its shares were traded at around $2.58 with and P/S ratio of 2.4.


On November 9, Ladenburg Thalmann Financial Services Inc. announced financial results for the three months ended Sept. 30, 2011. Third quarter 2011 revenues were $48.9 million, a 1.1% increase from revenues of $48.4 million in the third quarter of 2010. The company had a net loss of $3.1 million, or $(0.02) per basic and diluted share, in the third quarter of 2011, compared to a net loss of $3.2 million, or $(0.02) per basic and diluted share, in the comparable 2010 period.


This month, COO Adam Scott Malamed, Director Jacqueline M. Simkin, and Director, 10% Owner Phillip Frost Md Et Al bought shares of LTS stock. President and CEO Richard Lampen bought 5,000 shares in November.


Houston American Energy Corp. (HUSA): Director John P. Boylan Bought 60,000 Shares


Director of Houston American Energy Corp., John P. Boylan, bought 60,000 shares on 01/05/2012 at an average price of $12.78. Houston American Energy Corp. is an oil and gas exploration and production company. Houston American Energy Corp. has a market cap of $398.3 million; its shares were traded at around $12.78 with a P/E ratio of 29 and P/S ratio of 20.3. Houston American Energy Corp. had an annual average earnings growth of 71.2% over the past five years.


On November 15, Houston American Energy Corp. reported its financial results for the quarter ended Sept. 30, 2010. The company reported net income for the three months ended Sept. 30, 2010 of $1,171,642, or $0.04 per share, on revenues of $5,354,499, as compared to net income of $428,578, or $0.02 per share, on revenues of $2,403,996 for the three months ended Sept. 30, 2009.


Last week, Director John P. Boylan bought 60,000 shares.