Arnold Van Den Berg Buys Office Depot Inc., Toll Brothers Inc., Target Corp., Sells Pfizer Inc., KimberlyClark Corp., WilliamsSonoma Inc.

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Nov 16, 2007
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Arnold Van Den Berg likes to buy stocks that are sold at multiyear low of price to sales ratio and enterprise value to earning ratio. This has worked well for him over many years. These are his buys and sells during the third quarter.


Arnold Van Den Berg buys CPI Corp., Toll Brothers Inc., Newport Corp., Berkshire Hathaway Inc., KEMET Corp., sells EMS Technologies Inc., W.W. Grainger Inc., WilliamsSonoma Inc. during the 3-months ended 09/30/2007, according to the most recent filings of his investment company, Century Management. Arnold Van Den Berg owns 59 stocks with a total value of $3.3 billion. These are the details of the buys and sells.





New Purchases: BRK-B, CPY, KEM, NEWP, TOL,


Added Positions: AVY, LAWS, LEG, LZB, ODP, TGT, YRCW,


Reduced Positions: CDI, KMB, PFE,


Sold Out: ELMG, GWW, WSM,





Added: Office Depot Inc. (ODP, Financial)


Arnold Van Den Berg added to his holdings in Specialty Retailers company Office Depot Inc. by 163.23%. His purchase prices were between $19.15 and $30.92, with an estimated average price of $24.1. The impact to his portfolio due to this purchase was 2.36%. His holdings were 6,107,099 shares as of 09/30/2007.


Office Depot, Inc. provides various office products and services worldwide. The company sells an assortment of merchandise, including brand name and private brand office supplies, business machines and computers, computer software, office furniture. Office Depot Inc. has a market cap of $5.22 billion; its shares were traded at around $19.01 with P/E ratio of 10.06 and P/S ratio of 0.34.


Added: YRC Worldwide Inc. (YRCW, Financial)


Arnold Van Den Berg added to his holdings in Trucking company YRC Worldwide Inc. by 11.68%. His purchase prices were between $27.32 and $38, with an estimated average price of $31.9. The impact to his portfolio due to this purchase was 0.27%. His holdings were 3,085,670 shares as of 09/30/2007.


YRC Worldwide, Inc., through its subsidiaries, provides transportation services for the shipment of industrial, commercial, and retail goods in the United States and internationally. YRC Worldwide Inc. has a market cap of $996.16 million; its shares were traded at around $20.11 with P/E ratio of 7.08 and P/S ratio of 0.12.


Added: LaZBoy Inc. (LZB, Financial)


Arnold Van Den Berg added to his holdings in Furnishings company LaZBoy Inc. by 43.98%. His purchase prices were between $7.38 and $11.6, with an estimated average price of $9.9. The impact to his portfolio due to this purchase was 0.18%. His holdings were 2,612,376 shares as of 09/30/2007.


La-Z-Boy Incorporated manufactures and markets upholstered furniture and casegoods furniture products in the United States and Canada. It operates in three groups: Upholstery Group, Casegoods Group, and Retail Group. LaZBoy Inc. has a market cap of $367.87 million; its shares were traded at around $7.22 with P/S ratio of 0.24. The dividend yield of LaZBoy Inc. stocks is 6.8%.


Added: Avery Dennison Corp. (AVY, Financial)


Arnold Van Den Berg added to his holdings in Specialty Chemicals company Avery Dennison Corp. by 3.48%. His purchase prices were between $55.31 and $67.87, with an estimated average price of $60.5. The impact to his portfolio due to this purchase was 0.11%. His holdings were 1,922,565 shares as of 09/30/2007.


Avery Dennison Corporation produces pressure-sensitive materials, office products, tickets, tags, labels, and other converted products. It operates in three segments: Pressure-Sensitive Materials (PSM), Office and Consumer Products (OC), and Retail. Avery Dennison Corp. has a market cap of $5.48 billion; its shares were traded at around $52.41 with P/E ratio of 15.72 and P/S ratio of 0.93. The dividend yield of Avery Dennison Corp. stocks is 3%.


Added: Target Corp. (TGT, Financial)


Arnold Van Den Berg added to his holdings in Broadline Retailers company Target Corp. by 163.23%. His purchase prices were between $60.36 and $69.97, with an estimated average price of $64.2. The impact to his portfolio due to this purchase was 0.11%. His holdings were 88,312 shares as of 09/30/2007.


Target Corporation engages in the operation of general merchandise and food discount stores in the United States. It offers an assortment of general merchandise, including consumables and commodities; electronics, entertainment, sporting goods etc. Target Corp. has a market cap of $45.61 billion; its shares were traded at around $55 with P/E ratio of 15.69 and P/S ratio of 0.75. The dividend yield of Target Corp. stocks is 1%.


Added: Leggett & Platt Inc. (LEG, Financial)


Arnold Van Den Berg added to his holdings in Furnishings company Leggett & Platt Inc. by 3.28%. His purchase prices were between $19.09 and $22.3, with an estimated average price of $20.4. The impact to his portfolio due to this purchase was 0.1%. His holdings were 5,407,574 shares as of 09/30/2007.


Leggett & Platt, Incorporated engages in the design and production of a range of engineered components and products worldwide. It operates in five segments: Residential Furnishings, Commercial Fixturing & Components, Aluminum Products etc. Leggett & Platt Inc. has a market cap of $3.43 billion; its shares were traded at around $20.03 with P/E ratio of 13.53 and P/S ratio of 0.63. The dividend yield of Leggett & Platt Inc. stocks is 4%.


Added: Lawson Products Inc. (LAWS, Financial)


Arnold Van Den Berg added to his holdings in Diversified Industrials company Lawson Products Inc. by 32.64%. His purchase prices were between $34.81 and $38.42, with an estimated average price of $36. The impact to his portfolio due to this purchase was 0.02%. His holdings were 65,836 shares as of 09/30/2007.


Lawson Products, Inc. engages in the distribution and marketing of systems, services, and products to the industrial, commercial, and institutional maintenance, repair, and replacement marketplace. Lawson Products Inc. has a market cap of $277.39 million; its shares were traded at around $32.36 with P/E ratio of 34.85 and P/S ratio of 0.53. The dividend yield of Lawson Products Inc. stocks is 2.4%.


New Purchase: CPI Corp. (CPY, Financial)


Arnold Van Den Berg initiated holdings in Specialized Consumer Services company CPI Corp.. His purchase prices were between $37.97 and $68.4, with an estimated average price of $50. The impact to his portfolio due to this purchase was 0.23%. His holdings were 198,300 shares as of 09/30/2007.


CPI Corp., through its subsidiaries, engages in the manufacture and sale of professional portrait photography of babies, children, adults, and family groups. CPI Corp. has a market cap of $159.27 million; its shares were traded at around $26.4 with P/E ratio of 12.24 and P/S ratio of 0.55. The dividend yield of CPI Corp. stocks is 2.1%.


New Purchase: Toll Brothers Inc. (TOL, Financial)


Arnold Van Den Berg initiated holdings in Home Construction company Toll Brothers Inc.. His purchase prices were between $19.99 and $26.44, with an estimated average price of $22.7. The impact to his portfolio due to this purchase was 0.15%. His holdings were 242,715 shares as of 09/30/2007.


Toll Brothers, Inc. engages in the development, construction, and sale of residential homes. It designs, builds, markets, and arranges finance for single-family detached and attached homes in luxury residential communities. Toll Brothers Inc. has a market cap of $3.33 billion; its shares were traded at around $21.49 with P/E ratio of 11.95 and P/S ratio of 0.64.


New Purchase: Newport Corp. (NEWP, Financial)


Arnold Van Den Berg initiated holdings in Electronic Equipment company Newport Corp.. His purchase prices were between $12.67 and $16.08, with an estimated average price of $14.4. The impact to his portfolio due to this purchase was 0.06%. His holdings were 136,255 shares as of 09/30/2007.


Newport Corporation engages in the development, manufacture, and marketing of technology products and systems worldwide. It operates in two divisions, Lasers, and Photonics and Precision Technologies (PPT). Newport Corp. has a market cap of $478.04 million; its shares were traded at around $12.86 with P/E ratio of 16.92 and P/S ratio of 1.05.


New Purchase: Berkshire Hathaway Inc. (BRK-B)


Arnold Van Den Berg initiated holdings in Property & Casualty Insurance company Berkshire Hathaway Inc.. His purchase prices were between $3599 and $3996, with an estimated average price of $3808.9. The impact to his portfolio due to this purchase was 0.01%. His holdings were 55 shares as of 09/30/2007. Its shares were traded at around $4029 .


New Purchase: KEMET Corp. (KEM)


Arnold Van Den Berg initiated holdings in Electrical Components & Equipment company KEMET Corp.. His purchase prices were between $6.84 and $7.5, with an estimated average price of $7.2. The impact to his portfolio due to this purchase was 0.01%. His holdings were 60,055 shares as of 09/30/2007.


KEMET Corporation, together with its subsidiaries, manufactures tantalum, multilayer ceramic, and solid aluminum capacitors. It produces surface-mount capacitors, which are attached directly to the circuit board without lead wires; etc. KEMET Corp. has a market cap of $546.67 million; its shares were traded at around $6.56 with P/E ratio of 33.21 and P/S ratio of 0.78.


Reduced: Pfizer Inc (PFE)


Arnold Van Den Berg reduced to his holdings in Pharmaceuticals company Pfizer Inc by 50.75%. His sale prices were between $22.95 and $25.3, with an estimated average price of $24.1. The impact to his portfolio due to this sale was 1.49%. Arnold Van Den Berg still held 3,040,986 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 $159.75 billion; its shares were traded at around $23.29 with P/E ratio of 11.07 and P/S ratio of 3.30. The dividend yield of Pfizer Inc stocks is 5.1%.


Reduced: KimberlyClark Corp. (KMB)


Arnold Van Den Berg reduced to his holdings in Nondurable Household Products company KimberlyClark Corp. by 65.85%. His sale prices were between $66.05 and $70.26, with an estimated average price of $68.1. The impact to his portfolio due to this sale was 0.89%. Arnold Van Den Berg still held 692,276 shares as of 09/30/2007.


Kimberly-Clark Corporation engages in the manufacture and marketing of health and hygiene products worldwide. It operates in four segments: Personal Care, Consumer Tissue, K-C Professional & Other, and Health Care. KimberlyClark Corp. has a market cap of $29.26 billion; its shares were traded at around $68.72 with P/E ratio of 17.00 and P/S ratio of 1.63. The dividend yield of KimberlyClark Corp. stocks is 3.1%.


Reduced: CDI Corp. (CDI)


Arnold Van Den Berg reduced to his holdings in Business Support Services company CDI Corp. by 34.71%. His sale prices were between $26.43 and $32.46, with an estimated average price of $29. The impact to his portfolio due to this sale was 0.71%. Arnold Van Den Berg still held 1,137,273 shares as of 09/30/2007.


CDI Corp. provides engineering and information technology outsourcing solutions, and professional staffing services in the United States, Canada, and the United Kingdom. CDI Corp. has a market cap of $515.77 million; its shares were traded at around $25.39 with P/E ratio of 17.26 and P/S ratio of 0.39. The dividend yield of CDI Corp. stocks is 2.1%.


Sold Out: WilliamsSonoma Inc. (WSM)


Arnold Van Den Berg sold out his holdings in Specialty Retailers company WilliamsSonoma Inc.. His sale prices were between $29.72 and $35.65, with an estimated average price of $31.9. The impact to his portfolio due to this sale was less than 0.01%.


Williams-Sonoma, Inc. operates as a specialty retailer of home products in the United States and Canada. It offers culinary and serving equipment, including cookware, cookbooks, cutlery, informal dinnerware, glassware, table linens, etc. WilliamsSonoma Inc. has a market cap of $2.97 billion; its shares were traded at around $28.4 with P/E ratio of 16.09 and P/S ratio of 0.81. The dividend yield of WilliamsSonoma Inc. stocks is 1.6%.


Sold Out: W.W. Grainger Inc. (GWW)


Arnold Van Den Berg sold out his holdings in Business Support Services company W.W. Grainger Inc.. His sale prices were between $84.31 and $97.66, with an estimated average price of $89.5. The impact to his portfolio due to this sale was less than 0.01%.


W.W. Grainger, Inc., together with its subsidiaries, supplies facilities maintenance and other-related products in North America. It operates in three segments: Grainger Branch-Based, Acklands ?Grainger Branch-based, and Lab Safety. W.W. Grainger Inc. has a market cap of $7 billion; its shares were traded at around $89.19 with P/E ratio of 18.45 and P/S ratio of 1.13. The dividend yield of W.W. Grainger Inc. stocks is 1.6%.


Sold Out: EMS Technologies Inc. (ELMG)


Arnold Van Den Berg sold out his holdings in Telecom Equipment company EMS Technologies Inc.. His sale prices were between $20.53 and $25.12, with an estimated average price of $22.8. The impact to his portfolio due to this sale was less than 0.01%.


EMS Technologies, Inc. engages in the design, manufacture, and marketing of wireless communications products. It operates through three segments: LXE, Defense & Space Systems, and SATCOM. EMS Technologies Inc. has a market cap of $450.92 million; its shares were traded at around $29.71 with P/E ratio of 12.08 and P/S ratio of 1.62.