Time has been tough for value investors. David Williams, manager of Columbia Value and Restructuring Fund had a loss of 28% year to date as of Sept. 30, although his fund averaged 9.1% a year over the past 10 years. These are his buys and sells over the third quarter.
David Williams buys Goldman Sachs Group Inc., Copart Inc., Entergy Corp., GeneLink Inc., sells Capital One Financial Corp., J.C. Penney Company Inc., Copa Holdings S.A., Eagle Materials Inc., MCG Capital Corp., Pinnacle Gas Resources Inc. during the 3-months ended 09/30/2008, according to the most recent filings of his investment company, Columbia Value and Restructuring Fund. David Williams owns 132 stocks with a total value of $8.2 billion. These are the details of the buys and sells.
New Purchases: CPRT, ETR, GS,
Added Positions: ACE, ACM, AG, AMOV, AVP, BMY, CE, CTV, ETN, FCX, HRS, IBM, IVZ, JPM, L, LO, MET, MS, NOK, PPG, SCHN, TYC,
Reduced Positions: ONAV, URI,
Sold Out: COF, CPA, EXP, JCP, MCGC, PINN,
For the details of David Williams's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=David+Williams
Added: Eaton Corp. (ETN)
David Williams added to his holdings in Eaton Corp. by 42.31%. His purchase prices were between $58.06 and $82.64, with an estimated average price of $71.9. The impact to his portfolio due to this purchase was 0.37%. His holdings were 1,850,000 shares as of 09/30/2008.
Eaton Corporation is a global diversified industrial manufacturer. Eaton is one of the leaders in fluid power systems electrical power quality and controls automotive air management and fuel economy and intelligent truck components for fuel economy and safety. Eaton Corp. has a market cap of $7.52 billion; its shares were traded at around $45.17 with a P/E ratio of 6.36 and P/S ratio of 0.51. The dividend yield of Eaton Corp. stocks is 4.17%.
Added: MetLife Inc. (MET)
David Williams added to his holdings in MetLife Inc. by 22.73%. His purchase prices were between $50.79 and $60.24, with an estimated average price of $53.7. The impact to his portfolio due to this purchase was 0.34%. His holdings were 2,700,000 shares as of 09/30/2008.
Metlife Inc. is a leading provider of insurance and financial services to a broad spectrum of individual and institutional customers. The company currently provides individual insurance annuities and investment products. The company also provides group insurance and retirement and savings products and services to corporations and other institutions. The company believes that their unparalleled franchises and brand names uniquely position them to be the preeminent provider of insurance and financial services in the U.S. MetLife Inc. has a market cap of $23.44 billion; its shares were traded at around $34.31 with a P/E ratio of 6.83 and P/S ratio of 0.41. The dividend yield of MetLife Inc. stocks is 2.45%.
Added: ACE Ltd. (ACE)
David Williams added to his holdings in ACE Ltd. by 14.71%. His purchase prices were between $47.63 and $65.62, with an estimated average price of $52.8. The impact to his portfolio due to this purchase was 0.33%. His holdings were 3,900,000 shares as of 09/30/2008.
ACE LTD. provides excess liability insurance for bodily injury property damage & wrongful advertising. ACE offers excess liability insurance for corporate directors and officers against wrongful acts and claims and satellite insurance for launch and in-orbit operations. ACE Ltd. has a market cap of $16.46 billion; its shares were traded at around $44.58 with a P/E ratio of 7.11 and P/S ratio of 1.11. The dividend yield of ACE Ltd. stocks is 2.65%.
Added: Harris Corp. (HRS)
David Williams added to his holdings in Harris Corp. by 7.84%. His purchase prices were between $47.7 and $53.7, with an estimated average price of $49.8. The impact to his portfolio due to this purchase was 0.22%. His holdings were 5,500,000 shares as of 09/30/2008.
Harris Corporation is an international company focused on communicationsequipment for voice data and video applications. The company structures its operations around five operating divisions which divisions have been organized on the basis of specific communications technology and markets. For the most part each operating division has its own marketingengineering manufacturing and service organization. The company produces most of the products it sells except for certain broadcast products sold by the Broadcast Communications Division. Harris Corp. has a market cap of $5.1 billion; its shares were traded at around $35.64 with a P/E ratio of 11.66 and P/S ratio of 0.90. The dividend yield of Harris Corp. stocks is 2.28%.
Added: FreeportMcMoRan Copper & Gold Inc. (FCX)
David Williams added to his holdings in FreeportMcMoRan Copper & Gold Inc. by 18.75%. His purchase prices were between $62.99 and $106.78, with an estimated average price of $86.7. The impact to his portfolio due to this purchase was 0.21%. His holdings were 1,900,000 shares as of 09/30/2008.
Freeport-McMoRan is engaged in mineral exploration and development mining and milling of copper gold and silver in Indonesia and the smelting and refining of copper concentrates in Spain and Indonesia. They are the world's lowest-cost copper producer and one of the world's largest producers of copper and gold. FCX's operations are conducted through its subsidiaries P.T. Freeport Indonesia (PT-FI) P.T. IRJA Eastern Minerals Corporation (Eastern Mining) and through Atlantic Copper S.A. (Atlantic). FreeportMcMoRan Copper & Gold Inc. has a market cap of $14.1 billion; its shares were traded at around $33.39 with a P/E ratio of 4.69 and P/S ratio of 0.62. The dividend yield of FreeportMcMoRan Copper & Gold Inc. stocks is 4.81%.
Added: International Business Machines Corp (IBM)
David Williams added to his holdings in International Business Machines Corp by 10%. His purchase prices were between $114.33 and $129.39, with an estimated average price of $122.9. The impact to his portfolio due to this purchase was 0.21%. His holdings were 1,650,000 shares as of 09/30/2008.
IBM uses advanced information technology to provide customer solutions. The company operates primarily in a single industry using several segments that create value by offering a variety of solutions that include either singularly or in some combination technologies systems products services software and financing. Organizationally the company's major operations comprise three hardware product segments--Technology Personal Systems and Enterprise Systems; a Global Services segment; a Software segment; a Global Financing segment and an Enterprise Investments segment. International Business Machines Corp has a market cap of $125.34 billion; its shares were traded at around $91.52 with a P/E ratio of 11.40 and P/S ratio of 1.18. The dividend yield of International Business Machines Corp stocks is 2.28%.
Added: Celanese Corp. Series A (CE)
David Williams added to his holdings in Celanese Corp. Series A by 10.64%. His purchase prices were between $30.18 and $44.97, with an estimated average price of $38.4. The impact to his portfolio due to this purchase was 0.18%. His holdings were 5,200,000 shares as of 09/30/2008.
Celanese is an integrated global producer of value-added industrial chemicals. They are the world's largest producer of acetyl products including acetic acid vinyl acetate monomer and polyacetals and a leading global producer of high-performance engineered polymers used in consumer and industrial products and designed to meet highly technical customer requirements. Their operations are located in North America Europe and Asia including substantial joint ventures in China. Celanese Corp. Series A has a market cap of $2.96 billion; its shares were traded at around $18.09 with a P/E ratio of 5.53 and P/S ratio of 0.40. The dividend yield of Celanese Corp. Series A stocks is 0.92%.
Added: Loews Corp. (L)
David Williams added to his holdings in Loews Corp. by 20.46%. His purchase prices were between $40.98 and $45.89, with an estimated average price of $43. The impact to his portfolio due to this purchase was 0.17%. His holdings were 2,100,000 shares as of 09/30/2008.
Loews Corporation is a holding company. Its subsidiaries are engaged in thefollowing lines of business: property casualty and life insurance; the production and sale of cigarettes; the operation of hotels; the operation of offshore oil and gas drilling rigs; and the distribution and sale of watches and clocks. Loews Corp. has a market cap of $15.09 billion; its shares were traded at around $32.59 with a P/E ratio of 2.93 and P/S ratio of 0.73. The dividend yield of Loews Corp. stocks is 0.96%.
Added: CommScope Inc. (CTV)
David Williams added to his holdings in CommScope Inc. by 17.39%. His purchase prices were between $36.72 and $51.56, with an estimated average price of $46.4. The impact to his portfolio due to this purchase was 0.17%. His holdings were 2,700,000 shares as of 09/30/2008.
Commscope Inc. is a world leader in infrastructure solutions for communication networks. Through its SYSTIMAX Solutions and Uniprise Solutions brands CommScope is the global leader in structured cabling systems for business enterprise applications. It is also the world's largest manufacturer of coaxial cable for Hybrid Fiber Coaxial applications. Backed by strong research and development CommScope combines technical expertise and proprietary technology with global manufacturing capability to provide customers with high-performance wired or wireless cabling solutions. CommScope Inc. has a market cap of $1.64 billion; its shares were traded at around $22.32 with a P/E ratio of 14.03 and P/S ratio of 0.52.
Added: JPMorgan Chase & Co. (JPM)
David Williams added to his holdings in JPMorgan Chase & Co. by 11.11%. His purchase prices were between $32.91 and $47.87, with an estimated average price of $39.7. The impact to his portfolio due to this purchase was 0.17%. His holdings were 3,000,000 shares as of 09/30/2008.
J.P. Morgan Chase & Co. is a leading global financial services firm. The firm is a leader in investment banking asset management private banking private equity custody and transaction services and retail and middle market financial services. A component of the Dow Jones Industrial Average JPMorgan Chase is headquartered in New York and serves more than 30 million consumer customers and the world's most prominent corporate institutional and government clients. JPMorgan Chase & Co. has a market cap of $151.54 billion; its shares were traded at around $40.49 with a P/E ratio of 18.74 and P/S ratio of 2.86. The dividend yield of JPMorgan Chase & Co. stocks is 3.65%.
Added: BristolMyers Squibb Company (BMY)
David Williams added to his holdings in BristolMyers Squibb Company by 15.48%. His purchase prices were between $20.47 and $22.01, with an estimated average price of $21.3. The impact to his portfolio due to this purchase was 0.16%. His holdings were 4,850,000 shares as of 09/30/2008.
Bristol-Myers Squibb Company is a global leader in the research and development of innovative lifesaving and life-enhancing treatments for heart disease; high blood pressure; stroke; diabetes; cancer; HIV/AIDS and other infectious diseases; depression schizophrenia and other mental disorders; pain; and other conditions. BristolMyers Squibb Company has a market cap of $36.32 billion; its shares were traded at around $17.26 with a P/E ratio of 16.67 and P/S ratio of 1.66. The dividend yield of BristolMyers Squibb Company stocks is 7.06%.
Added: AGCO Corp. (AG)
David Williams added to his holdings in AGCO Corp. by 9.38%. His purchase prices were between $45.85 and $61.63, with an estimated average price of $54. The impact to his portfolio due to this purchase was 0.16%. His holdings were 3,500,000 shares as of 09/30/2008.
AGCO CORP. is engaged in the manufacturer and distribution of farm equipment machinery and replacement parts in the United States and Canada. Products include tractors combines hay tools and forage equipment and implements. AGCO Corp. has a market cap of $2.72 billion; its shares were traded at around $29.74 with a P/E ratio of 8.26 and P/S ratio of 0.35.
Added: Tyco International Ltd. (TYC)
David Williams added to his holdings in Tyco International Ltd. by 12.96%. His purchase prices were between $36.17 and $44.6, with an estimated average price of $41.2. The impact to his portfolio due to this purchase was 0.15%. His holdings were 3,050,000 shares as of 09/30/2008.
Tyco International Ltd. a diversified manufacturing and service company is the world's largest manufacturer and servicer of electrical and electronic components and undersea telecommunications systems the world's largest manufacturer installer and provider of fire protection systems and electronic security services has strong leadership positions in disposable medical products plastics and adhesives and is the largest manufacturer of flow control valves. (press release) Tyco International Ltd. has a market cap of $12.94 billion; its shares were traded at around $27.58 with a P/E ratio of 10.31 and P/S ratio of 0.62. The dividend yield of Tyco International Ltd. stocks is 3.05%.
Added: Lorillard (LO)
David Williams added to his holdings in Lorillard by 3.87%. His purchase prices were between $65.16 and $77.14, with an estimated average price of $70.4. The impact to his portfolio due to this purchase was 0.14%. His holdings were 4,300,000 shares as of 09/30/2008.
LORILLARD is the third largest manufacturer of cigarettes in the United States. Lorillard is the oldest continuously operating tobacco company in the U.S. Newport Lorillard's flagship brand is a menthol-flavored premium cigarette brand and the top selling menthol and second largest selling cigarette in the U.S. In addition to Newport the Lorillard product line has five additional brand families marketed under the Kent? True? Maverick? Old Gold? and Max? brand names. These six brands include 44 different product offerings which vary in price taste flavor length and packaging. Lorillard's manufactures all of its products at its Greensboro North Carolina facility and maintains its headquarters there. Lorillard has a market cap of $10.27 billion; its shares were traded at around $55.83 with a P/E ratio of 12.11 and P/S ratio of 3.04. The dividend yield of Lorillard stocks is 6.24%.
Added: Nokia Corp. (NOK)
David Williams added to his holdings in Nokia Corp. by 12.5%. His purchase prices were between $19.68 and $28.13, with an estimated average price of $24.6. The impact to his portfolio due to this purchase was 0.14%. His holdings were 5,400,000 shares as of 09/30/2008.
Nokia is the world leader in mobile communications. Backed by its experience innovation user-friendliness and secure solutions the company has become the leading supplier of mobile phones and a leading supplier of mobile fixed and IP networks. By adding mobility to the Internet Nokia creates new opportunities for companies and further enriches the daily lives of people. Nokia is a broadly held company with listings on six major exchanges. Nokia Corp. has a market cap of $66.35 billion; its shares were traded at around $16.57 with a P/E ratio of 9.76 and P/S ratio of 0.86. The dividend yield of Nokia Corp. stocks is 3.82%.
Added: INVESCO PLC (IVZ)
David Williams added to his holdings in INVESCO PLC by 10.09%. His purchase prices were between $21.82 and $27, with an estimated average price of $24.6. The impact to his portfolio due to this purchase was 0.14%. His holdings were 6,000,000 shares as of 09/30/2008.
Invesco is a leading independent global investment management company dedicated to helping people worldwide build their financial security. By delivering the combined power of their distinctive worldwide investment management capabilities including AIM Atlantic Trust Invesco Perpetual PowerShares Trimark and WL Ross Invesco provides a comprehensive array of enduring investment solutions for retail institutional and high net worth clients around the world. INVESCO PLC has a market cap of $5.74 billion; its shares were traded at around $14.89 with a P/E ratio of 9.09 and P/S ratio of 1.47. The dividend yield of INVESCO PLC stocks is 2.8%.
Added: Morgan Stanley (MS)
David Williams added to his holdings in Morgan Stanley by 13.43%. His purchase prices were between $24.45 and $44.49, with an estimated average price of $36.6. The impact to his portfolio due to this purchase was 0.13%. His holdings were 3,800,000 shares as of 09/30/2008.
MORGAN STANLEY is a preeminent global financial services firm that maintains leading market positions in each of its three primary businesses: securities; asset management; and credit services. The company combines global strength in investment banking and institutionalsales and trading with strength in providing full-service and on-line brokerage services investment and global asset management services and primarily through its Discover Card brand quality consumer credit products. Morgan Stanley has a market cap of $21 billion; its shares were traded at around $18.69 with a P/E ratio of 59.37 and P/S ratio of 0.91. The dividend yield of Morgan Stanley stocks is 11.16%.
Added: Schnitzer Steel Industries Inc. (SCHN)
David Williams added to his holdings in Schnitzer Steel Industries Inc. by 13.16%. His purchase prices were between $47.2 and $98.51, with an estimated average price of $72.4. The impact to his portfolio due to this purchase was 0.12%. His holdings were 2,150,000 shares as of 09/30/2008.
Schnitzer Steel Industries Inc. collects processes and recycles metals by operating one of the largest metals recycling businesses in the United States. They also manufacture finished steel products at their technologically advanced steel mini-mill. Schnitzer Steel Industries Inc. has a market cap of $830.99 million; its shares were traded at around $26.63 with a P/E ratio of 5.37 and P/S ratio of 0.25. The dividend yield of Schnitzer Steel Industries Inc. stocks is 0.27%.
Added: America Movil S.A.B. de C.V. (AMOV)
David Williams added to his holdings in America Movil S.A.B. de C.V. by 3.77%. His purchase prices were between $47.3 and $52.66, with an estimated average price of $49.9. The impact to his portfolio due to this purchase was 0.11%. His holdings were 5,500,000 shares as of 09/30/2008.
America Movil S.A.B. de C.V. has a market cap of $ million; its shares were traded at around $32.932 . The dividend yield of America Movil S.A.B. de C.V. stocks is 1.1%.
Added: PPG Industries Inc. (PPG)
David Williams added to his holdings in PPG Industries Inc. by 7.32%. His purchase prices were between $54.95 and $67.77, with an estimated average price of $61.8. The impact to his portfolio due to this purchase was 0.11%. His holdings were 2,200,000 shares as of 09/30/2008.
PPG Industries Inc. is comprised of three following basic business segments: coatings glass and chemicals. Areas in which resources have been focused are automotive original refinish industrial aerospace packaging and architectural coatings; flat glass automotive original and replacement glass aircraft transparencies continuous-strand fiber glass; and chlor-alkali and specialty chemicals. PPG Industries Inc. has a market cap of $8.29 billion; its shares were traded at around $51.09 with a P/E ratio of 12.54 and P/S ratio of 0.54. The dividend yield of PPG Industries Inc. stocks is 4.49%.
Added: Avon Products Inc. (AVP)
David Williams added to his holdings in Avon Products Inc. by 5.88%. His purchase prices were between $35.08 and $44.14, with an estimated average price of $40.5. The impact to his portfolio due to this purchase was 0.1%. His holdings were 3,600,000 shares as of 09/30/2008.
Avon Products Inc. is one of the world's leading manufacturers and marketers of beauty and related products which include cosmetics fragrance and toiletries; beauty plus which consists of jewelry and accessories and apparel; and non-core which consists of gift and decorative and home entertainment products. Avon Products Inc. has a market cap of $13.14 billion; its shares were traded at around $29.4 with a P/E ratio of 19.35 and P/S ratio of 1.16. The dividend yield of Avon Products Inc. stocks is 2.73%.
Added: AECOM Technology Corp. (ACM)
David Williams added to his holdings in AECOM Technology Corp. by 15.79%. His purchase prices were between $24.46 and $31.96, with an estimated average price of $29.1. The impact to his portfolio due to this purchase was 0.09%. His holdings were 2,200,000 shares as of 09/30/2008.
AECOM Technology Corp. has a market cap of $1.97 billion; its shares were traded at around $17.51 with a P/E ratio of 14.90 and P/S ratio of 0.39.
New Purchase: Goldman Sachs Group Inc. (GS)
David Williams initiated holdings in Goldman Sachs Group Inc.. His purchase prices were between $129.8 and $182.48, with an estimated average price of $164. The impact to his portfolio due to this purchase was 1.55%. His holdings were 1,000,000 shares as of 09/30/2008.
Goldman Sachs is a global investment banking and securities firm providing a full range of investing advisory and financing services worldwide to a substantial and diversified client base which includes corporations financial institutions governments and high net worth individuals. (Company Press Release) Goldman Sachs Group Inc. has a market cap of $48.05 billion; its shares were traded at around $112.4 with a P/E ratio of 7.30 and P/S ratio of 1.31. The dividend yield of Goldman Sachs Group Inc. stocks is 1.58%.
New Purchase: Entergy Corp. (ETR)
David Williams initiated holdings in Entergy Corp.. His purchase prices were between $90.53 and $119.63, with an estimated average price of $103.5. The impact to his portfolio due to this purchase was 1.03%. His holdings were 950,000 shares as of 09/30/2008.
Entergy Corporation engages principally in the following businesses: domestic utility operations power marketing and trading global power development and domestic non-utility nuclear operations. They are a major integrated energy company engaged in power production distribution operations and related diversified services. They are also a leading provider of wholesale energy marketing and trading services as well as an operator of natural gas pipeline and storage facilities. Entergy Corp. has a market cap of $16.78 billion; its shares were traded at around $77.25 with a P/E ratio of 14.15 and P/S ratio of 1.27. The dividend yield of Entergy Corp. stocks is 4.4%.
New Purchase: Copart Inc. (CPRT)
David Williams initiated holdings in Copart Inc.. His purchase prices were between $39.55 and $45.3, with an estimated average price of $43.3. The impact to his portfolio due to this purchase was 1.03%. His holdings were 2,600,000 shares as of 09/30/2008.
Copart Inc. provides vehicle suppliers primarily insurance companies with a full range of services to process and sell salvage vehicles through auctions principally to licensed dismantlers rebuilders and used vehicle dealers. Salvage vehicles are either damaged vehicles deemed a total loss for insurance or business purposes or are recovered stolen vehicles for which an insurance settlement with the vehicle owner has already been made. Copart Inc. has a market cap of $2.89 billion; its shares were traded at around $32.54 with a P/E ratio of 19.90 and P/S ratio of 3.41.
Reduced: Omega Navigation Enterprises Inc. (ONAV)
David Williams reduced to his holdings in Omega Navigation Enterprises Inc. by 23.02%. His sale prices were between $12.29 and $15.71, with an estimated average price of $14.7. The impact to his portfolio due to this sale was -0.03%. David Williams still held 710,818 shares as of 09/30/2008.
Omega Navigation Enterprises Inc. is a Marshall Islands corporation that provides international marine transportation services to its customers with principal executive offices in Piraeus Greece. Omega Navigation Enterprises Inc. has a market cap of $95.94 million; its shares were traded at around $6.24 with a P/E ratio of 5.35 and P/S ratio of 1.21. The dividend yield of Omega Navigation Enterprises Inc. stocks is 34.31%.
Reduced: United Rentals Inc. (URI)
David Williams reduced to his holdings in United Rentals Inc. by 40.7%. His sale prices were between $14.98 and $19.28, with an estimated average price of $16.8. The impact to his portfolio due to this sale was -0.19%. David Williams still held 2,550,000 shares as of 09/30/2008.
United Rentals Inc. is one of North America's largest equipment rental companies with over branches in the majority of states several Canadian provinces and Mexico. The company offers for rent different types of equipment to customers that include construction and industrial companies manufacturers utilities municipalities homeowners and others. United Rentals Inc. has a market cap of $606.03 million; its shares were traded at around $10.17 with a P/E ratio of 9.81 and P/S ratio of 0.17.
Sold Out: Eagle Materials Inc. (EXP)
David Williams sold out his holdings in Eagle Materials Inc.. His sale prices were between $21.24 and $30.25, with an estimated average price of $25.6. The impact to his portfolio due to this sale was less than 0.01%.
Eagle Materials Inc. is a Dallas-based company that manufactures and distributes Cement Gypsum Wallboard Recycled Paperboard and Concrete and Aggregates. Eagle Materials Inc. has a market cap of $794.47 million; its shares were traded at around $14.92 with a P/E ratio of 12.07 and P/S ratio of 1.07. The dividend yield of Eagle Materials Inc. stocks is 5.03%.
Sold Out: Pinnacle Gas Resources Inc. (PINN)
David Williams sold out his holdings in Pinnacle Gas Resources Inc.. His sale prices were between $1.51 and $3.1, with an estimated average price of $2.5. The impact to his portfolio due to this sale was less than 0.01%.
PINNACLE GAS RESOURCES INC. is an independent energy company engaged in the acquisition exploration and development of domestic onshore natural gas reserves primarily located in the Rocky Mountain region. The Company focuses on the development of coalbed methane properties located in the Rocky Mountain region and is a holder of CBM acreage in the Powder River Basin. Pinnacle owns almost all of the rights to develop conventional and unconventional oil and gas in zones below its existing CBM reserves. The Company?s undeveloped acreage is located on the northern end of the Powder River Basin in northeastern Wyoming and southern Montana. Pinnacle Gas Resources Inc. has a market cap of $21.23 million; its shares were traded at around $0.8 with P/S ratio of 1.13.
Sold Out: MCG Capital Corp. (MCGC)
David Williams sold out his holdings in MCG Capital Corp.. His sale prices were between $2.61 and $4.78, with an estimated average price of $3.6. The impact to his portfolio due to this sale was less than 0.01%.
MCG Capital Corporation is a solutions-focused financial services firm that primarily provides capital to support the internal growth and corporate development initiatives of small-to medium-sized private companies in the media communications and technology sectors in the United States. MCG Capital Corp. has a market cap of $78.63 million; its shares were traded at around $1.07 with P/S ratio of 0.46. The dividend yield of MCG Capital Corp. stocks is 85.71%.
Sold Out: Copa Holdings S.A. (CPA)
David Williams sold out his holdings in Copa Holdings S.A.. His sale prices were between $25.67 and $40.46, with an estimated average price of $35.1. The impact to his portfolio due to this sale was less than 0.01%.
Copa Holdings through its Copa Airlines and AeroRepublica operating subsidiaries is a leading Latin American provider of passenger and cargo service. Copa Airlines currently offers daily scheduled flights to destinations in countries like North Central and South America and the Caribbean. Copa Holdings S.A. has a market cap of $1.28 billion; its shares were traded at around $24.5 with a P/E ratio of 8.46 and P/S ratio of 0.95. The dividend yield of Copa Holdings S.A. stocks is 1.61%.
Sold Out: Capital One Financial Corp. (COF)
David Williams sold out his holdings in Capital One Financial Corp.. His sale prices were between $38.12 and $56.05, with an estimated average price of $44.2. The impact to his portfolio due to this sale was less than 0.01%.
Capital One Financial is a holding company whose subsidiaries provide a variety of products and services to consumers using its proprietary information-based strategy. The corporation's principal subsidiary Capital One Bank offers credit card products. Capital One Services Inc. another subsidiary of the corporation provides various operating administrative and other services to the corporation and its subsidiaries. Capital One Financial Corp. has a market cap of $15.66 billion; its shares were traded at around $38.7 with a P/E ratio of 9.43 and P/S ratio of 1.50. The dividend yield of Capital One Financial Corp. stocks is 4.22%.
Sold Out: J.C. Penney Company Inc. (JCP)
David Williams sold out his holdings in J.C. Penney Company Inc.. His sale prices were between $29.99 and $41.14, with an estimated average price of $35.8. The impact to his portfolio due to this sale was less than 0.01%.
JCPenney is one of America's leading retailers operating department stores throughout the United States and Puerto Rico as well as one of the largest apparel and home furnishing sites on the Internet jcp.com and the nation's largest general merchandise catalog business. Through these integrated channels JCPenney offers a wide array of national private and exclusive brands. J.C. Penney Company Inc. has a market cap of $4.86 billion; its shares were traded at around $21.02 with a P/E ratio of 5.26 and P/S ratio of 0.24. The dividend yield of J.C. Penney Company Inc. stocks is 3.54%.
David Williams buys Goldman Sachs Group Inc., Copart Inc., Entergy Corp., GeneLink Inc., sells Capital One Financial Corp., J.C. Penney Company Inc., Copa Holdings S.A., Eagle Materials Inc., MCG Capital Corp., Pinnacle Gas Resources Inc. during the 3-months ended 09/30/2008, according to the most recent filings of his investment company, Columbia Value and Restructuring Fund. David Williams owns 132 stocks with a total value of $8.2 billion. These are the details of the buys and sells.
New Purchases: CPRT, ETR, GS,
Added Positions: ACE, ACM, AG, AMOV, AVP, BMY, CE, CTV, ETN, FCX, HRS, IBM, IVZ, JPM, L, LO, MET, MS, NOK, PPG, SCHN, TYC,
Reduced Positions: ONAV, URI,
Sold Out: COF, CPA, EXP, JCP, MCGC, PINN,
For the details of David Williams's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=David+Williams
Added: Eaton Corp. (ETN)
David Williams added to his holdings in Eaton Corp. by 42.31%. His purchase prices were between $58.06 and $82.64, with an estimated average price of $71.9. The impact to his portfolio due to this purchase was 0.37%. His holdings were 1,850,000 shares as of 09/30/2008.
Eaton Corporation is a global diversified industrial manufacturer. Eaton is one of the leaders in fluid power systems electrical power quality and controls automotive air management and fuel economy and intelligent truck components for fuel economy and safety. Eaton Corp. has a market cap of $7.52 billion; its shares were traded at around $45.17 with a P/E ratio of 6.36 and P/S ratio of 0.51. The dividend yield of Eaton Corp. stocks is 4.17%.
Added: MetLife Inc. (MET)
David Williams added to his holdings in MetLife Inc. by 22.73%. His purchase prices were between $50.79 and $60.24, with an estimated average price of $53.7. The impact to his portfolio due to this purchase was 0.34%. His holdings were 2,700,000 shares as of 09/30/2008.
Metlife Inc. is a leading provider of insurance and financial services to a broad spectrum of individual and institutional customers. The company currently provides individual insurance annuities and investment products. The company also provides group insurance and retirement and savings products and services to corporations and other institutions. The company believes that their unparalleled franchises and brand names uniquely position them to be the preeminent provider of insurance and financial services in the U.S. MetLife Inc. has a market cap of $23.44 billion; its shares were traded at around $34.31 with a P/E ratio of 6.83 and P/S ratio of 0.41. The dividend yield of MetLife Inc. stocks is 2.45%.
Added: ACE Ltd. (ACE)
David Williams added to his holdings in ACE Ltd. by 14.71%. His purchase prices were between $47.63 and $65.62, with an estimated average price of $52.8. The impact to his portfolio due to this purchase was 0.33%. His holdings were 3,900,000 shares as of 09/30/2008.
ACE LTD. provides excess liability insurance for bodily injury property damage & wrongful advertising. ACE offers excess liability insurance for corporate directors and officers against wrongful acts and claims and satellite insurance for launch and in-orbit operations. ACE Ltd. has a market cap of $16.46 billion; its shares were traded at around $44.58 with a P/E ratio of 7.11 and P/S ratio of 1.11. The dividend yield of ACE Ltd. stocks is 2.65%.
Added: Harris Corp. (HRS)
David Williams added to his holdings in Harris Corp. by 7.84%. His purchase prices were between $47.7 and $53.7, with an estimated average price of $49.8. The impact to his portfolio due to this purchase was 0.22%. His holdings were 5,500,000 shares as of 09/30/2008.
Harris Corporation is an international company focused on communicationsequipment for voice data and video applications. The company structures its operations around five operating divisions which divisions have been organized on the basis of specific communications technology and markets. For the most part each operating division has its own marketingengineering manufacturing and service organization. The company produces most of the products it sells except for certain broadcast products sold by the Broadcast Communications Division. Harris Corp. has a market cap of $5.1 billion; its shares were traded at around $35.64 with a P/E ratio of 11.66 and P/S ratio of 0.90. The dividend yield of Harris Corp. stocks is 2.28%.
Added: FreeportMcMoRan Copper & Gold Inc. (FCX)
David Williams added to his holdings in FreeportMcMoRan Copper & Gold Inc. by 18.75%. His purchase prices were between $62.99 and $106.78, with an estimated average price of $86.7. The impact to his portfolio due to this purchase was 0.21%. His holdings were 1,900,000 shares as of 09/30/2008.
Freeport-McMoRan is engaged in mineral exploration and development mining and milling of copper gold and silver in Indonesia and the smelting and refining of copper concentrates in Spain and Indonesia. They are the world's lowest-cost copper producer and one of the world's largest producers of copper and gold. FCX's operations are conducted through its subsidiaries P.T. Freeport Indonesia (PT-FI) P.T. IRJA Eastern Minerals Corporation (Eastern Mining) and through Atlantic Copper S.A. (Atlantic). FreeportMcMoRan Copper & Gold Inc. has a market cap of $14.1 billion; its shares were traded at around $33.39 with a P/E ratio of 4.69 and P/S ratio of 0.62. The dividend yield of FreeportMcMoRan Copper & Gold Inc. stocks is 4.81%.
Added: International Business Machines Corp (IBM)
David Williams added to his holdings in International Business Machines Corp by 10%. His purchase prices were between $114.33 and $129.39, with an estimated average price of $122.9. The impact to his portfolio due to this purchase was 0.21%. His holdings were 1,650,000 shares as of 09/30/2008.
IBM uses advanced information technology to provide customer solutions. The company operates primarily in a single industry using several segments that create value by offering a variety of solutions that include either singularly or in some combination technologies systems products services software and financing. Organizationally the company's major operations comprise three hardware product segments--Technology Personal Systems and Enterprise Systems; a Global Services segment; a Software segment; a Global Financing segment and an Enterprise Investments segment. International Business Machines Corp has a market cap of $125.34 billion; its shares were traded at around $91.52 with a P/E ratio of 11.40 and P/S ratio of 1.18. The dividend yield of International Business Machines Corp stocks is 2.28%.
Added: Celanese Corp. Series A (CE)
David Williams added to his holdings in Celanese Corp. Series A by 10.64%. His purchase prices were between $30.18 and $44.97, with an estimated average price of $38.4. The impact to his portfolio due to this purchase was 0.18%. His holdings were 5,200,000 shares as of 09/30/2008.
Celanese is an integrated global producer of value-added industrial chemicals. They are the world's largest producer of acetyl products including acetic acid vinyl acetate monomer and polyacetals and a leading global producer of high-performance engineered polymers used in consumer and industrial products and designed to meet highly technical customer requirements. Their operations are located in North America Europe and Asia including substantial joint ventures in China. Celanese Corp. Series A has a market cap of $2.96 billion; its shares were traded at around $18.09 with a P/E ratio of 5.53 and P/S ratio of 0.40. The dividend yield of Celanese Corp. Series A stocks is 0.92%.
Added: Loews Corp. (L)
David Williams added to his holdings in Loews Corp. by 20.46%. His purchase prices were between $40.98 and $45.89, with an estimated average price of $43. The impact to his portfolio due to this purchase was 0.17%. His holdings were 2,100,000 shares as of 09/30/2008.
Loews Corporation is a holding company. Its subsidiaries are engaged in thefollowing lines of business: property casualty and life insurance; the production and sale of cigarettes; the operation of hotels; the operation of offshore oil and gas drilling rigs; and the distribution and sale of watches and clocks. Loews Corp. has a market cap of $15.09 billion; its shares were traded at around $32.59 with a P/E ratio of 2.93 and P/S ratio of 0.73. The dividend yield of Loews Corp. stocks is 0.96%.
Added: CommScope Inc. (CTV)
David Williams added to his holdings in CommScope Inc. by 17.39%. His purchase prices were between $36.72 and $51.56, with an estimated average price of $46.4. The impact to his portfolio due to this purchase was 0.17%. His holdings were 2,700,000 shares as of 09/30/2008.
Commscope Inc. is a world leader in infrastructure solutions for communication networks. Through its SYSTIMAX Solutions and Uniprise Solutions brands CommScope is the global leader in structured cabling systems for business enterprise applications. It is also the world's largest manufacturer of coaxial cable for Hybrid Fiber Coaxial applications. Backed by strong research and development CommScope combines technical expertise and proprietary technology with global manufacturing capability to provide customers with high-performance wired or wireless cabling solutions. CommScope Inc. has a market cap of $1.64 billion; its shares were traded at around $22.32 with a P/E ratio of 14.03 and P/S ratio of 0.52.
Added: JPMorgan Chase & Co. (JPM)
David Williams added to his holdings in JPMorgan Chase & Co. by 11.11%. His purchase prices were between $32.91 and $47.87, with an estimated average price of $39.7. The impact to his portfolio due to this purchase was 0.17%. His holdings were 3,000,000 shares as of 09/30/2008.
J.P. Morgan Chase & Co. is a leading global financial services firm. The firm is a leader in investment banking asset management private banking private equity custody and transaction services and retail and middle market financial services. A component of the Dow Jones Industrial Average JPMorgan Chase is headquartered in New York and serves more than 30 million consumer customers and the world's most prominent corporate institutional and government clients. JPMorgan Chase & Co. has a market cap of $151.54 billion; its shares were traded at around $40.49 with a P/E ratio of 18.74 and P/S ratio of 2.86. The dividend yield of JPMorgan Chase & Co. stocks is 3.65%.
Added: BristolMyers Squibb Company (BMY)
David Williams added to his holdings in BristolMyers Squibb Company by 15.48%. His purchase prices were between $20.47 and $22.01, with an estimated average price of $21.3. The impact to his portfolio due to this purchase was 0.16%. His holdings were 4,850,000 shares as of 09/30/2008.
Bristol-Myers Squibb Company is a global leader in the research and development of innovative lifesaving and life-enhancing treatments for heart disease; high blood pressure; stroke; diabetes; cancer; HIV/AIDS and other infectious diseases; depression schizophrenia and other mental disorders; pain; and other conditions. BristolMyers Squibb Company has a market cap of $36.32 billion; its shares were traded at around $17.26 with a P/E ratio of 16.67 and P/S ratio of 1.66. The dividend yield of BristolMyers Squibb Company stocks is 7.06%.
Added: AGCO Corp. (AG)
David Williams added to his holdings in AGCO Corp. by 9.38%. His purchase prices were between $45.85 and $61.63, with an estimated average price of $54. The impact to his portfolio due to this purchase was 0.16%. His holdings were 3,500,000 shares as of 09/30/2008.
AGCO CORP. is engaged in the manufacturer and distribution of farm equipment machinery and replacement parts in the United States and Canada. Products include tractors combines hay tools and forage equipment and implements. AGCO Corp. has a market cap of $2.72 billion; its shares were traded at around $29.74 with a P/E ratio of 8.26 and P/S ratio of 0.35.
Added: Tyco International Ltd. (TYC)
David Williams added to his holdings in Tyco International Ltd. by 12.96%. His purchase prices were between $36.17 and $44.6, with an estimated average price of $41.2. The impact to his portfolio due to this purchase was 0.15%. His holdings were 3,050,000 shares as of 09/30/2008.
Tyco International Ltd. a diversified manufacturing and service company is the world's largest manufacturer and servicer of electrical and electronic components and undersea telecommunications systems the world's largest manufacturer installer and provider of fire protection systems and electronic security services has strong leadership positions in disposable medical products plastics and adhesives and is the largest manufacturer of flow control valves. (press release) Tyco International Ltd. has a market cap of $12.94 billion; its shares were traded at around $27.58 with a P/E ratio of 10.31 and P/S ratio of 0.62. The dividend yield of Tyco International Ltd. stocks is 3.05%.
Added: Lorillard (LO)
David Williams added to his holdings in Lorillard by 3.87%. His purchase prices were between $65.16 and $77.14, with an estimated average price of $70.4. The impact to his portfolio due to this purchase was 0.14%. His holdings were 4,300,000 shares as of 09/30/2008.
LORILLARD is the third largest manufacturer of cigarettes in the United States. Lorillard is the oldest continuously operating tobacco company in the U.S. Newport Lorillard's flagship brand is a menthol-flavored premium cigarette brand and the top selling menthol and second largest selling cigarette in the U.S. In addition to Newport the Lorillard product line has five additional brand families marketed under the Kent? True? Maverick? Old Gold? and Max? brand names. These six brands include 44 different product offerings which vary in price taste flavor length and packaging. Lorillard's manufactures all of its products at its Greensboro North Carolina facility and maintains its headquarters there. Lorillard has a market cap of $10.27 billion; its shares were traded at around $55.83 with a P/E ratio of 12.11 and P/S ratio of 3.04. The dividend yield of Lorillard stocks is 6.24%.
Added: Nokia Corp. (NOK)
David Williams added to his holdings in Nokia Corp. by 12.5%. His purchase prices were between $19.68 and $28.13, with an estimated average price of $24.6. The impact to his portfolio due to this purchase was 0.14%. His holdings were 5,400,000 shares as of 09/30/2008.
Nokia is the world leader in mobile communications. Backed by its experience innovation user-friendliness and secure solutions the company has become the leading supplier of mobile phones and a leading supplier of mobile fixed and IP networks. By adding mobility to the Internet Nokia creates new opportunities for companies and further enriches the daily lives of people. Nokia is a broadly held company with listings on six major exchanges. Nokia Corp. has a market cap of $66.35 billion; its shares were traded at around $16.57 with a P/E ratio of 9.76 and P/S ratio of 0.86. The dividend yield of Nokia Corp. stocks is 3.82%.
Added: INVESCO PLC (IVZ)
David Williams added to his holdings in INVESCO PLC by 10.09%. His purchase prices were between $21.82 and $27, with an estimated average price of $24.6. The impact to his portfolio due to this purchase was 0.14%. His holdings were 6,000,000 shares as of 09/30/2008.
Invesco is a leading independent global investment management company dedicated to helping people worldwide build their financial security. By delivering the combined power of their distinctive worldwide investment management capabilities including AIM Atlantic Trust Invesco Perpetual PowerShares Trimark and WL Ross Invesco provides a comprehensive array of enduring investment solutions for retail institutional and high net worth clients around the world. INVESCO PLC has a market cap of $5.74 billion; its shares were traded at around $14.89 with a P/E ratio of 9.09 and P/S ratio of 1.47. The dividend yield of INVESCO PLC stocks is 2.8%.
Added: Morgan Stanley (MS)
David Williams added to his holdings in Morgan Stanley by 13.43%. His purchase prices were between $24.45 and $44.49, with an estimated average price of $36.6. The impact to his portfolio due to this purchase was 0.13%. His holdings were 3,800,000 shares as of 09/30/2008.
MORGAN STANLEY is a preeminent global financial services firm that maintains leading market positions in each of its three primary businesses: securities; asset management; and credit services. The company combines global strength in investment banking and institutionalsales and trading with strength in providing full-service and on-line brokerage services investment and global asset management services and primarily through its Discover Card brand quality consumer credit products. Morgan Stanley has a market cap of $21 billion; its shares were traded at around $18.69 with a P/E ratio of 59.37 and P/S ratio of 0.91. The dividend yield of Morgan Stanley stocks is 11.16%.
Added: Schnitzer Steel Industries Inc. (SCHN)
David Williams added to his holdings in Schnitzer Steel Industries Inc. by 13.16%. His purchase prices were between $47.2 and $98.51, with an estimated average price of $72.4. The impact to his portfolio due to this purchase was 0.12%. His holdings were 2,150,000 shares as of 09/30/2008.
Schnitzer Steel Industries Inc. collects processes and recycles metals by operating one of the largest metals recycling businesses in the United States. They also manufacture finished steel products at their technologically advanced steel mini-mill. Schnitzer Steel Industries Inc. has a market cap of $830.99 million; its shares were traded at around $26.63 with a P/E ratio of 5.37 and P/S ratio of 0.25. The dividend yield of Schnitzer Steel Industries Inc. stocks is 0.27%.
Added: America Movil S.A.B. de C.V. (AMOV)
David Williams added to his holdings in America Movil S.A.B. de C.V. by 3.77%. His purchase prices were between $47.3 and $52.66, with an estimated average price of $49.9. The impact to his portfolio due to this purchase was 0.11%. His holdings were 5,500,000 shares as of 09/30/2008.
America Movil S.A.B. de C.V. has a market cap of $ million; its shares were traded at around $32.932 . The dividend yield of America Movil S.A.B. de C.V. stocks is 1.1%.
Added: PPG Industries Inc. (PPG)
David Williams added to his holdings in PPG Industries Inc. by 7.32%. His purchase prices were between $54.95 and $67.77, with an estimated average price of $61.8. The impact to his portfolio due to this purchase was 0.11%. His holdings were 2,200,000 shares as of 09/30/2008.
PPG Industries Inc. is comprised of three following basic business segments: coatings glass and chemicals. Areas in which resources have been focused are automotive original refinish industrial aerospace packaging and architectural coatings; flat glass automotive original and replacement glass aircraft transparencies continuous-strand fiber glass; and chlor-alkali and specialty chemicals. PPG Industries Inc. has a market cap of $8.29 billion; its shares were traded at around $51.09 with a P/E ratio of 12.54 and P/S ratio of 0.54. The dividend yield of PPG Industries Inc. stocks is 4.49%.
Added: Avon Products Inc. (AVP)
David Williams added to his holdings in Avon Products Inc. by 5.88%. His purchase prices were between $35.08 and $44.14, with an estimated average price of $40.5. The impact to his portfolio due to this purchase was 0.1%. His holdings were 3,600,000 shares as of 09/30/2008.
Avon Products Inc. is one of the world's leading manufacturers and marketers of beauty and related products which include cosmetics fragrance and toiletries; beauty plus which consists of jewelry and accessories and apparel; and non-core which consists of gift and decorative and home entertainment products. Avon Products Inc. has a market cap of $13.14 billion; its shares were traded at around $29.4 with a P/E ratio of 19.35 and P/S ratio of 1.16. The dividend yield of Avon Products Inc. stocks is 2.73%.
Added: AECOM Technology Corp. (ACM)
David Williams added to his holdings in AECOM Technology Corp. by 15.79%. His purchase prices were between $24.46 and $31.96, with an estimated average price of $29.1. The impact to his portfolio due to this purchase was 0.09%. His holdings were 2,200,000 shares as of 09/30/2008.
AECOM Technology Corp. has a market cap of $1.97 billion; its shares were traded at around $17.51 with a P/E ratio of 14.90 and P/S ratio of 0.39.
New Purchase: Goldman Sachs Group Inc. (GS)
David Williams initiated holdings in Goldman Sachs Group Inc.. His purchase prices were between $129.8 and $182.48, with an estimated average price of $164. The impact to his portfolio due to this purchase was 1.55%. His holdings were 1,000,000 shares as of 09/30/2008.
Goldman Sachs is a global investment banking and securities firm providing a full range of investing advisory and financing services worldwide to a substantial and diversified client base which includes corporations financial institutions governments and high net worth individuals. (Company Press Release) Goldman Sachs Group Inc. has a market cap of $48.05 billion; its shares were traded at around $112.4 with a P/E ratio of 7.30 and P/S ratio of 1.31. The dividend yield of Goldman Sachs Group Inc. stocks is 1.58%.
New Purchase: Entergy Corp. (ETR)
David Williams initiated holdings in Entergy Corp.. His purchase prices were between $90.53 and $119.63, with an estimated average price of $103.5. The impact to his portfolio due to this purchase was 1.03%. His holdings were 950,000 shares as of 09/30/2008.
Entergy Corporation engages principally in the following businesses: domestic utility operations power marketing and trading global power development and domestic non-utility nuclear operations. They are a major integrated energy company engaged in power production distribution operations and related diversified services. They are also a leading provider of wholesale energy marketing and trading services as well as an operator of natural gas pipeline and storage facilities. Entergy Corp. has a market cap of $16.78 billion; its shares were traded at around $77.25 with a P/E ratio of 14.15 and P/S ratio of 1.27. The dividend yield of Entergy Corp. stocks is 4.4%.
New Purchase: Copart Inc. (CPRT)
David Williams initiated holdings in Copart Inc.. His purchase prices were between $39.55 and $45.3, with an estimated average price of $43.3. The impact to his portfolio due to this purchase was 1.03%. His holdings were 2,600,000 shares as of 09/30/2008.
Copart Inc. provides vehicle suppliers primarily insurance companies with a full range of services to process and sell salvage vehicles through auctions principally to licensed dismantlers rebuilders and used vehicle dealers. Salvage vehicles are either damaged vehicles deemed a total loss for insurance or business purposes or are recovered stolen vehicles for which an insurance settlement with the vehicle owner has already been made. Copart Inc. has a market cap of $2.89 billion; its shares were traded at around $32.54 with a P/E ratio of 19.90 and P/S ratio of 3.41.
Reduced: Omega Navigation Enterprises Inc. (ONAV)
David Williams reduced to his holdings in Omega Navigation Enterprises Inc. by 23.02%. His sale prices were between $12.29 and $15.71, with an estimated average price of $14.7. The impact to his portfolio due to this sale was -0.03%. David Williams still held 710,818 shares as of 09/30/2008.
Omega Navigation Enterprises Inc. is a Marshall Islands corporation that provides international marine transportation services to its customers with principal executive offices in Piraeus Greece. Omega Navigation Enterprises Inc. has a market cap of $95.94 million; its shares were traded at around $6.24 with a P/E ratio of 5.35 and P/S ratio of 1.21. The dividend yield of Omega Navigation Enterprises Inc. stocks is 34.31%.
Reduced: United Rentals Inc. (URI)
David Williams reduced to his holdings in United Rentals Inc. by 40.7%. His sale prices were between $14.98 and $19.28, with an estimated average price of $16.8. The impact to his portfolio due to this sale was -0.19%. David Williams still held 2,550,000 shares as of 09/30/2008.
United Rentals Inc. is one of North America's largest equipment rental companies with over branches in the majority of states several Canadian provinces and Mexico. The company offers for rent different types of equipment to customers that include construction and industrial companies manufacturers utilities municipalities homeowners and others. United Rentals Inc. has a market cap of $606.03 million; its shares were traded at around $10.17 with a P/E ratio of 9.81 and P/S ratio of 0.17.
Sold Out: Eagle Materials Inc. (EXP)
David Williams sold out his holdings in Eagle Materials Inc.. His sale prices were between $21.24 and $30.25, with an estimated average price of $25.6. The impact to his portfolio due to this sale was less than 0.01%.
Eagle Materials Inc. is a Dallas-based company that manufactures and distributes Cement Gypsum Wallboard Recycled Paperboard and Concrete and Aggregates. Eagle Materials Inc. has a market cap of $794.47 million; its shares were traded at around $14.92 with a P/E ratio of 12.07 and P/S ratio of 1.07. The dividend yield of Eagle Materials Inc. stocks is 5.03%.
Sold Out: Pinnacle Gas Resources Inc. (PINN)
David Williams sold out his holdings in Pinnacle Gas Resources Inc.. His sale prices were between $1.51 and $3.1, with an estimated average price of $2.5. The impact to his portfolio due to this sale was less than 0.01%.
PINNACLE GAS RESOURCES INC. is an independent energy company engaged in the acquisition exploration and development of domestic onshore natural gas reserves primarily located in the Rocky Mountain region. The Company focuses on the development of coalbed methane properties located in the Rocky Mountain region and is a holder of CBM acreage in the Powder River Basin. Pinnacle owns almost all of the rights to develop conventional and unconventional oil and gas in zones below its existing CBM reserves. The Company?s undeveloped acreage is located on the northern end of the Powder River Basin in northeastern Wyoming and southern Montana. Pinnacle Gas Resources Inc. has a market cap of $21.23 million; its shares were traded at around $0.8 with P/S ratio of 1.13.
Sold Out: MCG Capital Corp. (MCGC)
David Williams sold out his holdings in MCG Capital Corp.. His sale prices were between $2.61 and $4.78, with an estimated average price of $3.6. The impact to his portfolio due to this sale was less than 0.01%.
MCG Capital Corporation is a solutions-focused financial services firm that primarily provides capital to support the internal growth and corporate development initiatives of small-to medium-sized private companies in the media communications and technology sectors in the United States. MCG Capital Corp. has a market cap of $78.63 million; its shares were traded at around $1.07 with P/S ratio of 0.46. The dividend yield of MCG Capital Corp. stocks is 85.71%.
Sold Out: Copa Holdings S.A. (CPA)
David Williams sold out his holdings in Copa Holdings S.A.. His sale prices were between $25.67 and $40.46, with an estimated average price of $35.1. The impact to his portfolio due to this sale was less than 0.01%.
Copa Holdings through its Copa Airlines and AeroRepublica operating subsidiaries is a leading Latin American provider of passenger and cargo service. Copa Airlines currently offers daily scheduled flights to destinations in countries like North Central and South America and the Caribbean. Copa Holdings S.A. has a market cap of $1.28 billion; its shares were traded at around $24.5 with a P/E ratio of 8.46 and P/S ratio of 0.95. The dividend yield of Copa Holdings S.A. stocks is 1.61%.
Sold Out: Capital One Financial Corp. (COF)
David Williams sold out his holdings in Capital One Financial Corp.. His sale prices were between $38.12 and $56.05, with an estimated average price of $44.2. The impact to his portfolio due to this sale was less than 0.01%.
Capital One Financial is a holding company whose subsidiaries provide a variety of products and services to consumers using its proprietary information-based strategy. The corporation's principal subsidiary Capital One Bank offers credit card products. Capital One Services Inc. another subsidiary of the corporation provides various operating administrative and other services to the corporation and its subsidiaries. Capital One Financial Corp. has a market cap of $15.66 billion; its shares were traded at around $38.7 with a P/E ratio of 9.43 and P/S ratio of 1.50. The dividend yield of Capital One Financial Corp. stocks is 4.22%.
Sold Out: J.C. Penney Company Inc. (JCP)
David Williams sold out his holdings in J.C. Penney Company Inc.. His sale prices were between $29.99 and $41.14, with an estimated average price of $35.8. The impact to his portfolio due to this sale was less than 0.01%.
JCPenney is one of America's leading retailers operating department stores throughout the United States and Puerto Rico as well as one of the largest apparel and home furnishing sites on the Internet jcp.com and the nation's largest general merchandise catalog business. Through these integrated channels JCPenney offers a wide array of national private and exclusive brands. J.C. Penney Company Inc. has a market cap of $4.86 billion; its shares were traded at around $21.02 with a P/E ratio of 5.26 and P/S ratio of 0.24. The dividend yield of J.C. Penney Company Inc. stocks is 3.54%.
