Tweedy Browne is an old-fashioned value investing firm. They manage the funds with an investment team which consists of five experienced managing partners. Their Global Value Fund finished the third quarter down 0.64%, but was up 9.96% year-to date through 9/30. These are their recent buys and sells. Tweedy Browne owns 73 stocks with a total value of $2.6 billion.
Tweedy Browne buys Norfolk Southern Corp., Burlington Northern Santa Fe Corp., Saga Communications Inc., Trustmark Corp., sells Lloyds TSB Group plc, Citizens Communications Company Series B, Korea Electric Power Corp. during the 3-months ended 09/30/2007, according to the most recent filings of his investment company, Tweedy Browne CO LLC. Tweedy Browne owns 73 stocks with a total value of $2.6 billion. These are the details of the buys and sells.
New Purchases: BNI, NSC, SGA, TRMK,
Added Positions: FMST.PK, GPC, MO, UST,
Reduced Positions: BMY, MBI, PFE, SVN, SVN, SVN,
Sold Out: CZN, KEP, LYG,
Added: Altria Group Inc. (MO, Financial)
Tweedy Browne added to their holdings in Tobacco company Altria Group Inc. by 47.43%. Their purchase prices were between $64.45 and $70.91, with an estimated average price of $67.9. The impact to their portfolio due to this purchase was 0.03%. Their holdings were 28,378 shares as of 09/30/2007.
Altria Group, Inc., through its subsidiaries, engages in the manufactures and sale of cigarettes and other tobacco products in the United States and internationally. Altria Group Inc. has a market cap of $151.53 billion; its shares were traded at around $72.94 with P/E ratio of 14.41 and P/S ratio of 2.05. The dividend yield of Altria Group Inc. stocks is 4.1%.
Added: FINISHMASTER INC (FMST.PK, Financial)
Tweedy Browne added to their holdings in Business Support Services company FINISHMASTER INC by 57.39%. Their purchase prices were between $30 and $31.5, with an estimated average price of $31.1. The impact to their portfolio due to this purchase was 0.03%. Their holdings were 72,560 shares as of 09/30/2007.
FinishMaster, Inc. distributes automotive paints, coatings, and paint-related accessories to the automotive collision repair, automotive dealership, and fleet operator industries primarily in the United States. FINISHMASTER INC has a market cap of $227.07 million; its shares were traded at around $29 with P/E ratio of 11.05 and P/S ratio of 0.50.
Added: Genuine Parts Company (GPC, Financial)
Tweedy Browne added to their holdings in Auto Parts company Genuine Parts Company by 81.78%. Their purchase prices were between $47.17 and $50.55, with an estimated average price of $48.8. The impact to their portfolio due to this purchase was 0.02%. Their holdings were 24,495 shares as of 09/30/2007.
Genuine Parts Company and its subsidiaries distribute automotive and industrial replacement parts, office products, and electrical/electronic materials in the United States, Canada, and Mexico. Genuine Parts Company has a market cap of $8.2 billion; its shares were traded at around $49.38 with P/E ratio of 16.51 and P/S ratio of 0.78. The dividend yield of Genuine Parts Company stocks is 3%.
Added: UST Inc. (UST, Financial)
Tweedy Browne added to their holdings in Tobacco company UST Inc. by 42.61%. Their purchase prices were between $48.07 and $53.34, with an estimated average price of $50.6. The impact to their portfolio due to this purchase was 0.01%. Their holdings were 21,820 shares as of 09/30/2007.
UST, Inc., through its subsidiaries, manufactures and markets various smokeless tobacco products and premium wines. It operates in two segments, Smokeless Tobacco and Wine. UST Inc. has a market cap of $8.31 billion; its shares were traded at around $53.23 with P/E ratio of 16.46 and P/S ratio of 4.51. The dividend yield of UST Inc. stocks is 4.7%.
New Purchase: Norfolk Southern Corp. (NSC, Financial)
Tweedy Browne initiated holdings in Railroads company Norfolk Southern Corp.. Their purchase prices were between $49.41 and $56.28, with an estimated average price of $51.9. The impact to their portfolio due to this purchase was 1.4%. Their holdings were 707,068 shares as of 09/30/2007.
Norfolk Southern Corporation, through its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods primarily in the United States and parts of Canada. Norfolk Southern Corp. has a market cap of $19.51 billion; its shares were traded at around $51.21 with P/E ratio of 13.95 and P/S ratio of 2.13. The dividend yield of Norfolk Southern Corp. stocks is 2%.
New Purchase: Burlington Northern Santa Fe Corp. (BNI, Financial)
Tweedy Browne initiated holdings in Railroads company Burlington Northern Santa Fe Corp.. Their purchase prices were between $78.79 and $90.01, with an estimated average price of $82.5. The impact to their portfolio due to this purchase was 1.15%. Their holdings were 371,565 shares as of 09/30/2007.
Burlington Northern Santa Fe Corporation, through its subsidiaries, provides freight rail transportation services in North America. The company transports various products and commodities, including consumer, industrial, coal, and agricultural products. As of recent, Warren Buffett bought a lot of shares of BNI, and became its largest shareholder. Burlington Northern Santa Fe Corp. has a market cap of $29.94 billion; its shares were traded at around $87.24 with P/E ratio of 16.88 and P/S ratio of 1.98. The dividend yield of Burlington Northern Santa Fe Corp. stocks is 1.5%.
New Purchase: Saga Communications Inc. (SGA, Financial)
Tweedy Browne initiated holdings in Broadcasting & Entertainment company Saga Communications Inc.. Their purchase prices were between $6.87 and $9.48, with an estimated average price of $7.8. The impact to their portfolio due to this purchase was 0.02%. Their holdings were 62,285 shares as of 09/30/2007.
Saga Communications, Inc., a broadcast company, engages in the acquisition, development, and operation of radio and television stations in the United States. Saga Communications Inc. has a market cap of $148.02 million; its shares were traded at around $7.76 with P/E ratio of 12.85 and P/S ratio of 1.09.
New Purchase: Trustmark Corp. (TRMK, Financial)
Tweedy Browne initiated holdings in Banks company Trustmark Corp.. Their purchase prices were between $24.11 and $29.19, with an estimated average price of $27. The impact to their portfolio due to this purchase was 0.01%. Their holdings were 7,200 shares as of 09/30/2007.
Trustmark Corporation, through its subsidiaries, provides banking and financial solutions to corporate, institutional, and individual customers in the states of Florida, Mississippi, Tennessee, and Texas. Trustmark Corp. has a market cap of $1.33 billion; its shares were traded at around $24.72 with P/E ratio of 11.95 and P/S ratio of 3.17. The dividend yield of Trustmark Corp. stocks is 3.8%
Reduced: SunTimes Media Group Inc. (SVN, Financial)
Tweedy Browne reduced to their holdings in Publishing company SunTimes Media Group Inc. by 91.82%. Their sale prices were between $2.27 and $5.35, with an estimated average price of $3.6. The impact to their portfolio due to this sale was 0.35%. Tweedy Browne still held 680,077 shares as of 09/30/2007.
Sun-Times Media Group, Inc. engages in publishing, printing, and distributing newspapers in the United States. The company offers the Chicago Sun-Times, Post Tribune, Daily Southtown, other newspapers, and associated Web sites in the Chicago metroplex etc. SunTimes Media Group Inc. has a market cap of $150.07 million; its shares were traded at around $1.94 with P/E ratio of 0.34 and P/S ratio of 0.39.
Reduced: BristolMyers Squibb Company (BMY, Financial)
Tweedy Browne reduced to their holdings in Pharmaceuticals company BristolMyers Squibb Company by 62.02%. Their sale prices were between $27.39 and $31.75, with an estimated average price of $29. The impact to their portfolio due to this sale was 0.22%. Tweedy Browne still held 320,736 shares as of 09/30/2007.
Bristol-Myers Squibb Company (BMS) engages in the discovery, development, licensing, manufacturing, marketing, distribution, and sale of pharmaceuticals, and related health care products worldwide. BristolMyers Squibb Company has a market cap of $56.68 billion; its shares were traded at around $29.23 with P/E ratio of 26.70 and P/S ratio of 3.09. The dividend yield of BristolMyers Squibb Company stocks is 3.8%
Reduced: MBIA Inc. (MBI, Financial)
Tweedy Browne reduced to their holdings in Property & Casualty Insurance company MBIA Inc. by 91.02%. Their sale prices were between $50.55 and $63.25, with an estimated average price of $59. The impact to their portfolio due to this sale was 0.09%. Tweedy Browne still held 75,273 shares as of 09/30/2007.
MBIA, Inc., through its subsidiaries, provides financial guarantee insurance and credit protection products, as well as investment management services to public finance and structured finance issuers and investors, and capital market participants etc. MBIA Inc. has a market cap of $4.22 billion; its shares were traded at around $35.65 with P/E ratio of 8.04 and P/S ratio of 1.69. The dividend yield of MBIA Inc. stocks is 4.1%
Reduced: Pfizer Inc (PFE)
Tweedy Browne reduced to their holdings in Pharmaceuticals company Pfizer Inc by 96.51%. Their sale prices were between $23.23 and $25.61, with an estimated average price of $24.4. The impact to their portfolio due to this sale was 0.02%. Tweedy Browne still held 36,210 shares as of 09/30/2007.
Pfizer, Inc. engages in the discovery, development, manufacture, and marketing of prescription medicines for humans and animals in the United States, Europe, Canada, Asia, and Latin America. Pfizer Inc has a market cap of $160.32 billion; its shares were traded at around $23.93 with P/E ratio of 11.04 and P/S ratio of 3.38. The dividend yield of Pfizer Inc stocks is 4.9%
Sold Out: Korea Electric Power Corp. (KEP)
Tweedy Browne sold out their holdings in Electricity company Korea Electric Power Corp.. Their sale prices were between $21.95 and $25.48, with an estimated average price of $22.9. The impact to their portfolio due to this sale was less than 0.01%.
Korea Electric Power Corporation engages in the generation, transmission, and distribution of electricity and development of electric power resources in the Republic of Korea. Korea Electric Power Corp. has a market cap of $26.41 billion; its shares were traded at around $21.16 with P/E ratio of 11.12 and P/S ratio of 0.87.
Sold Out: Lloyds TSB Group plc (LYG)
Tweedy Browne sold out their holdings in Banks company Lloyds TSB Group plc. Their sale prices were between $42.14 and $45.73, with an estimated average price of $44. The impact to their portfolio due to this sale was less than 0.01%.
Lloyds TSB Group plc, through its subsidiaries, provides financial services in the United Kingdom and internationally. The company operates through three divisions: UK Retail Banking, Insurance and Investments, and Wholesale and International Banking. Lloyds TSB Group plc has a market cap of $58.51 billion; its shares were traded at around $43.24 with P/E ratio of 9.07 and P/S ratio of 1.41. The dividend yield of Lloyds TSB Group plc stocks is 6.6%.
Sold Out: Citizens Communications Company Series B (CZN)
Tweedy Browne sold out their holdings in Fixed Line Telecom company Citizens Communications Company Series B. Their sale prices were between $13.05 and $15.28, with an estimated average price of $14.1. The impact to their portfolio due to this sale was less than 0.01%.
Citizens Communications Company provides communication services to rural areas, and small and medium-sized towns and cities as an incumbent local exchange carrier (ILEC). Citizens Communications Company Series B has a market cap of $4.37 billion; its shares were traded at around $13.12 with P/E ratio of 14.07 and P/S ratio of 2.07. The dividend yield of Citizens Communications Company Series B stocks is 7.9%.
Tweedy Browne buys Norfolk Southern Corp., Burlington Northern Santa Fe Corp., Saga Communications Inc., Trustmark Corp., sells Lloyds TSB Group plc, Citizens Communications Company Series B, Korea Electric Power Corp. during the 3-months ended 09/30/2007, according to the most recent filings of his investment company, Tweedy Browne CO LLC. Tweedy Browne owns 73 stocks with a total value of $2.6 billion. These are the details of the buys and sells.
New Purchases: BNI, NSC, SGA, TRMK,
Added Positions: FMST.PK, GPC, MO, UST,
Reduced Positions: BMY, MBI, PFE, SVN, SVN, SVN,
Sold Out: CZN, KEP, LYG,
Added: Altria Group Inc. (MO, Financial)
Tweedy Browne added to their holdings in Tobacco company Altria Group Inc. by 47.43%. Their purchase prices were between $64.45 and $70.91, with an estimated average price of $67.9. The impact to their portfolio due to this purchase was 0.03%. Their holdings were 28,378 shares as of 09/30/2007.
Altria Group, Inc., through its subsidiaries, engages in the manufactures and sale of cigarettes and other tobacco products in the United States and internationally. Altria Group Inc. has a market cap of $151.53 billion; its shares were traded at around $72.94 with P/E ratio of 14.41 and P/S ratio of 2.05. The dividend yield of Altria Group Inc. stocks is 4.1%.
Added: FINISHMASTER INC (FMST.PK, Financial)
Tweedy Browne added to their holdings in Business Support Services company FINISHMASTER INC by 57.39%. Their purchase prices were between $30 and $31.5, with an estimated average price of $31.1. The impact to their portfolio due to this purchase was 0.03%. Their holdings were 72,560 shares as of 09/30/2007.
FinishMaster, Inc. distributes automotive paints, coatings, and paint-related accessories to the automotive collision repair, automotive dealership, and fleet operator industries primarily in the United States. FINISHMASTER INC has a market cap of $227.07 million; its shares were traded at around $29 with P/E ratio of 11.05 and P/S ratio of 0.50.
Added: Genuine Parts Company (GPC, Financial)
Tweedy Browne added to their holdings in Auto Parts company Genuine Parts Company by 81.78%. Their purchase prices were between $47.17 and $50.55, with an estimated average price of $48.8. The impact to their portfolio due to this purchase was 0.02%. Their holdings were 24,495 shares as of 09/30/2007.
Genuine Parts Company and its subsidiaries distribute automotive and industrial replacement parts, office products, and electrical/electronic materials in the United States, Canada, and Mexico. Genuine Parts Company has a market cap of $8.2 billion; its shares were traded at around $49.38 with P/E ratio of 16.51 and P/S ratio of 0.78. The dividend yield of Genuine Parts Company stocks is 3%.
Added: UST Inc. (UST, Financial)
Tweedy Browne added to their holdings in Tobacco company UST Inc. by 42.61%. Their purchase prices were between $48.07 and $53.34, with an estimated average price of $50.6. The impact to their portfolio due to this purchase was 0.01%. Their holdings were 21,820 shares as of 09/30/2007.
UST, Inc., through its subsidiaries, manufactures and markets various smokeless tobacco products and premium wines. It operates in two segments, Smokeless Tobacco and Wine. UST Inc. has a market cap of $8.31 billion; its shares were traded at around $53.23 with P/E ratio of 16.46 and P/S ratio of 4.51. The dividend yield of UST Inc. stocks is 4.7%.
New Purchase: Norfolk Southern Corp. (NSC, Financial)
Tweedy Browne initiated holdings in Railroads company Norfolk Southern Corp.. Their purchase prices were between $49.41 and $56.28, with an estimated average price of $51.9. The impact to their portfolio due to this purchase was 1.4%. Their holdings were 707,068 shares as of 09/30/2007.
Norfolk Southern Corporation, through its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods primarily in the United States and parts of Canada. Norfolk Southern Corp. has a market cap of $19.51 billion; its shares were traded at around $51.21 with P/E ratio of 13.95 and P/S ratio of 2.13. The dividend yield of Norfolk Southern Corp. stocks is 2%.
New Purchase: Burlington Northern Santa Fe Corp. (BNI, Financial)
Tweedy Browne initiated holdings in Railroads company Burlington Northern Santa Fe Corp.. Their purchase prices were between $78.79 and $90.01, with an estimated average price of $82.5. The impact to their portfolio due to this purchase was 1.15%. Their holdings were 371,565 shares as of 09/30/2007.
Burlington Northern Santa Fe Corporation, through its subsidiaries, provides freight rail transportation services in North America. The company transports various products and commodities, including consumer, industrial, coal, and agricultural products. As of recent, Warren Buffett bought a lot of shares of BNI, and became its largest shareholder. Burlington Northern Santa Fe Corp. has a market cap of $29.94 billion; its shares were traded at around $87.24 with P/E ratio of 16.88 and P/S ratio of 1.98. The dividend yield of Burlington Northern Santa Fe Corp. stocks is 1.5%.
New Purchase: Saga Communications Inc. (SGA, Financial)
Tweedy Browne initiated holdings in Broadcasting & Entertainment company Saga Communications Inc.. Their purchase prices were between $6.87 and $9.48, with an estimated average price of $7.8. The impact to their portfolio due to this purchase was 0.02%. Their holdings were 62,285 shares as of 09/30/2007.
Saga Communications, Inc., a broadcast company, engages in the acquisition, development, and operation of radio and television stations in the United States. Saga Communications Inc. has a market cap of $148.02 million; its shares were traded at around $7.76 with P/E ratio of 12.85 and P/S ratio of 1.09.
New Purchase: Trustmark Corp. (TRMK, Financial)
Tweedy Browne initiated holdings in Banks company Trustmark Corp.. Their purchase prices were between $24.11 and $29.19, with an estimated average price of $27. The impact to their portfolio due to this purchase was 0.01%. Their holdings were 7,200 shares as of 09/30/2007.
Trustmark Corporation, through its subsidiaries, provides banking and financial solutions to corporate, institutional, and individual customers in the states of Florida, Mississippi, Tennessee, and Texas. Trustmark Corp. has a market cap of $1.33 billion; its shares were traded at around $24.72 with P/E ratio of 11.95 and P/S ratio of 3.17. The dividend yield of Trustmark Corp. stocks is 3.8%
Reduced: SunTimes Media Group Inc. (SVN, Financial)
Tweedy Browne reduced to their holdings in Publishing company SunTimes Media Group Inc. by 91.82%. Their sale prices were between $2.27 and $5.35, with an estimated average price of $3.6. The impact to their portfolio due to this sale was 0.35%. Tweedy Browne still held 680,077 shares as of 09/30/2007.
Sun-Times Media Group, Inc. engages in publishing, printing, and distributing newspapers in the United States. The company offers the Chicago Sun-Times, Post Tribune, Daily Southtown, other newspapers, and associated Web sites in the Chicago metroplex etc. SunTimes Media Group Inc. has a market cap of $150.07 million; its shares were traded at around $1.94 with P/E ratio of 0.34 and P/S ratio of 0.39.
Reduced: BristolMyers Squibb Company (BMY, Financial)
Tweedy Browne reduced to their holdings in Pharmaceuticals company BristolMyers Squibb Company by 62.02%. Their sale prices were between $27.39 and $31.75, with an estimated average price of $29. The impact to their portfolio due to this sale was 0.22%. Tweedy Browne still held 320,736 shares as of 09/30/2007.
Bristol-Myers Squibb Company (BMS) engages in the discovery, development, licensing, manufacturing, marketing, distribution, and sale of pharmaceuticals, and related health care products worldwide. BristolMyers Squibb Company has a market cap of $56.68 billion; its shares were traded at around $29.23 with P/E ratio of 26.70 and P/S ratio of 3.09. The dividend yield of BristolMyers Squibb Company stocks is 3.8%
Reduced: MBIA Inc. (MBI, Financial)
Tweedy Browne reduced to their holdings in Property & Casualty Insurance company MBIA Inc. by 91.02%. Their sale prices were between $50.55 and $63.25, with an estimated average price of $59. The impact to their portfolio due to this sale was 0.09%. Tweedy Browne still held 75,273 shares as of 09/30/2007.
MBIA, Inc., through its subsidiaries, provides financial guarantee insurance and credit protection products, as well as investment management services to public finance and structured finance issuers and investors, and capital market participants etc. MBIA Inc. has a market cap of $4.22 billion; its shares were traded at around $35.65 with P/E ratio of 8.04 and P/S ratio of 1.69. The dividend yield of MBIA Inc. stocks is 4.1%
Reduced: Pfizer Inc (PFE)
Tweedy Browne reduced to their holdings in Pharmaceuticals company Pfizer Inc by 96.51%. Their sale prices were between $23.23 and $25.61, with an estimated average price of $24.4. The impact to their portfolio due to this sale was 0.02%. Tweedy Browne still held 36,210 shares as of 09/30/2007.
Pfizer, Inc. engages in the discovery, development, manufacture, and marketing of prescription medicines for humans and animals in the United States, Europe, Canada, Asia, and Latin America. Pfizer Inc has a market cap of $160.32 billion; its shares were traded at around $23.93 with P/E ratio of 11.04 and P/S ratio of 3.38. The dividend yield of Pfizer Inc stocks is 4.9%
Sold Out: Korea Electric Power Corp. (KEP)
Tweedy Browne sold out their holdings in Electricity company Korea Electric Power Corp.. Their sale prices were between $21.95 and $25.48, with an estimated average price of $22.9. The impact to their portfolio due to this sale was less than 0.01%.
Korea Electric Power Corporation engages in the generation, transmission, and distribution of electricity and development of electric power resources in the Republic of Korea. Korea Electric Power Corp. has a market cap of $26.41 billion; its shares were traded at around $21.16 with P/E ratio of 11.12 and P/S ratio of 0.87.
Sold Out: Lloyds TSB Group plc (LYG)
Tweedy Browne sold out their holdings in Banks company Lloyds TSB Group plc. Their sale prices were between $42.14 and $45.73, with an estimated average price of $44. The impact to their portfolio due to this sale was less than 0.01%.
Lloyds TSB Group plc, through its subsidiaries, provides financial services in the United Kingdom and internationally. The company operates through three divisions: UK Retail Banking, Insurance and Investments, and Wholesale and International Banking. Lloyds TSB Group plc has a market cap of $58.51 billion; its shares were traded at around $43.24 with P/E ratio of 9.07 and P/S ratio of 1.41. The dividend yield of Lloyds TSB Group plc stocks is 6.6%.
Sold Out: Citizens Communications Company Series B (CZN)
Tweedy Browne sold out their holdings in Fixed Line Telecom company Citizens Communications Company Series B. Their sale prices were between $13.05 and $15.28, with an estimated average price of $14.1. The impact to their portfolio due to this sale was less than 0.01%.
Citizens Communications Company provides communication services to rural areas, and small and medium-sized towns and cities as an incumbent local exchange carrier (ILEC). Citizens Communications Company Series B has a market cap of $4.37 billion; its shares were traded at around $13.12 with P/E ratio of 14.07 and P/S ratio of 2.07. The dividend yield of Citizens Communications Company Series B stocks is 7.9%.
