Weekly highlight of top insider buys: Developers Diversified Realty Corp. (DDR, Financial), AMB Property Corp. (AMB, Financial), Commercial Metals Company (CMC, Financial), Catalyst Health Solutions Inc. (CHSI, Financial), Tyco Electronics Ltd. (TEL, Financial)
Developers Diversified Realty Corp. (DDR): Director Terrance R Ahern Bought 162,500 Shares
Developers Diversified Realty is a self administered and self managed real estate investment trust engaged in acquiring owning developing redeveloping managing and operating shopping and business centers.
Developers Diversified announced on Monday, November 10 the opening of several stores at Homestead Pavilion, a 399,000 square foot open-air shopping center located at the northwest quadrant of the Florida Turnpike and Campbell Drive, 30 miles south of Miami.
Developers Diversified Realty is owned by one Guru. Chris Davis owns 1,018,276 shares as of 09/30/2008, which accounts for 0.04% of the $74.87 billion portfolio of Davis Selected Advisers.
CEO, Director Scott A Wolstein sold 520,200 shares of DDR stock in October at the average price of $8.2; the price of the stock has decreased by 36.34% since. Director Terrance R Ahern, Director Scott D Roulston, and Sr. V.P. & Chief Acct. Officer Christa A Vesy bought shares in October and November; the price per share has decreased more than 40% since. Exec Vice President Joan U Allgood and Exec Vice President Richard E Brown sold shares in October; the price per share has decreased more than 40% since.
Developers Diversified Realty Corp. has a market cap of $627.83 million; its shares were traded at around $5.22 with a P/E ratio of 5.12 and P/S ratio of 0.77. The dividend yield of Developers Diversified Realty Corp. stocks is 28.69%.
AMB Property Corp. (AMB): President, Private Capital John T Jr Roberts Bought 70,000 Shares
AMB Property Corporation is one of the leading owners and operators of industrial real estate nationwide. The company's investment strategy is to become a leading provider of High Throughput Distribution properties located near key passenger and air cargo airports key interstate highways and ports in major metropolitan areas such as Atlanta Chicago Dallas/Fort Worth Northern New Jersey the San Francisco Bay Area and Southern California.
AMB Property Corp. announced on Tuesday, November 11 that it has leased 139,000 square feet (12,900 square meters) in two build-to-suit developments at Houston's George W Bush International Airport and Amsterdam Airport Schiphol.
AMB Property Corp is owned by two Gurus. As of 9/30/08, Kenneth Fisher owns 56,375 shares, which accounts for 0.01% of the $31.63 billion portfolio of Fisher Asset Management, LLC. Chris Davis owns 1,172,446 shares, which accounts for 0.07% of the $74.87 billion portfolio of Davis Selected Advisers. Ken Heebner sold out his holdings in the same quarter.
President, Private Capital John T Jr Roberts, Director David A Cole, President, Europe and Asia Guy F Jaquier, and Director Frederick W Reid bought shares of AMB in the last three months. The price per share has decreased more than 10% since. Director T Robert Burke sold shares of AMB in September; the price per share has decreased more than 60% since.
AMB Property Corp. has a market cap of $1.45 billion; its shares were traded at around $14.75 with a P/E ratio of 6.42 and P/S ratio of 2.24. The dividend yield of AMB Property Corp. stocks is 9.23%.
Commercial Metals Company (CMC): Director Ralph E Loewenberg Bought 100,000 Shares
Commercial Metals Company has three segments which are primarily concerned with metals related activities. The manufacturing segment is the dominant and most rapidly expanding segment in terms of assets employed capital expenditures operating profit and number of employees. The recycling segment is engaged in processing secondary or scrap metals for further recycling into new metal products. The marketing and trading segment buys and sells primary and secondary metals and fabricated metals.
Steel and metals maker and recycler Commercial Metals Co. said Thursday, October 30 that fiscal fourth-quarter earnings fell 39 percent as the company took a big expense related to its inventory accounting, caused by higher scrap prices.
Commercial Metals Company is owned by three Gurus. As of 9/30/08, Richard Perry owns 991,247 shares, which accounts for 0.66% of the $2.56 billion portfolio of Perry Capital. Kenneth Fisher owns 1,699,824 shares, which accounts for 0.09% of the $31.63 billion portfolio of Fisher Asset Management, LLC. John Keeley owns 2,921,236 shares, which accounts for 0.55% of the $9.04 billion portfolio of Keeley Fund Management. Ken Heebner sold out his holdings in the same quarter.
Chairman; President & CEO Murray R McClean bought 20,000 shares of CMC stock on 11/07/2008 at the average price of $10.37; the price of the stock has decreased by 5.4% since. Controller Leon K Rusch, Directors Ralph E Loewenberg, Robert L Guido, Robert D Neary, J David Smith, Robert R Womack, and V.P. & CIO Malinda G Passmore bought shares of CMC in November; the price per share has decreased by more than 2% since.
Commercial Metals Company has a market cap of $1.12 billion; its shares were traded at around $9.81 with a P/E ratio of 4.98 and P/S ratio of 0.12. The dividend yield of Commercial Metals Company stocks is 4.49%.
Catalyst Health Solutions Inc. (CHSI): Director Edward S Civera Bought 50,000 Shares
Catalyst Health Solutions Inc.’s subsidiaries include Catalyst Rx a full-service pharmacy benefit manager serving more than five million lives in the United States and Puerto Rico; HospiScript Services LLC one of the largest providers of pharmacy benefit management services to the hospice industry; and Immediate Pharmaceutical Services Inc. a fully-integrated prescription mail service facility based out of Avon Lake Ohio. The company’s clients include self-insured employers including state and local governments managed care organizations unions hospices third-party administrators and individuals.
Catalyst Health Solutions Inc.’s net income for the third quarter was $12.6 million, or 29 cents a share, compared with $9.8 million, or 23 cents a share, a year earlier. The company reported a higher quarterly profit as addition of new clients boosted prescription volume, but it forecast 2009 results below Wall Street estimates.
Catalyst Health Solutions Inc. is not currently owned by any Gurus.
CEO, Director David T Blair and CFO & EVP Corp Dev Michael P Donovan have been selling shares of CHSI since June; the price per share has decreased steadily since. Directors Thomas L Blaire and Michael R McDonnell sold shares of CHSI in September and August respectively. Director Edward S Civera bought shares of CHSI stock in November; the price of the stock has decreased by 0% since.
Catalyst Health Solutions Inc. has a market cap of $867.86 million; its shares were traded at around $20 with a P/E ratio of 18.18 and P/S ratio of 0.38.
Tyco Electronics Ltd. (TEL): Director Frederic M Poses Bought 70,000 Shares
Tyco Electronics Ltd. global provider of engineered electronic components for thousands of consumer and industrial products; network solutions and systems for telecommunications and energy markets; and wireless systems for critical communications radar and defense applications.
Tyco Electronics Ltd. eeported Thursday, November 6 its earnings fell 21 percent in the fiscal fourth quarter as charges for restructuring and asset impairment rose. The company posted net income of $202 million, or 43 cents per share for the quarter that ended Sept. 26. That was down from $256 million, or 51 cents per share, in the same period a year ago.
Tyco Electronics Ltd. is owned by 12 Gurus.
Director Robert M Hernandez bought 10,000 shares of TEL stock on 11/13/2008 at the average price of $13.51; the price of the stock has increased by 7.33% since. Director Frederic M Poses bought 70,000 shares of TEL stock on 11/12/2008 at the average price of $13.98; the price of the stock has increased by 3.72% since.
Tyco Electronics Ltd. has a market cap of $6.72 billion; its shares were traded at around $14.5 with a P/E ratio of 3.95 and P/S ratio of 0.46. The dividend yield of Tyco Electronics Ltd. stocks is 3.62%.
Developers Diversified Realty Corp. (DDR): Director Terrance R Ahern Bought 162,500 Shares
Developers Diversified Realty is a self administered and self managed real estate investment trust engaged in acquiring owning developing redeveloping managing and operating shopping and business centers.
Developers Diversified announced on Monday, November 10 the opening of several stores at Homestead Pavilion, a 399,000 square foot open-air shopping center located at the northwest quadrant of the Florida Turnpike and Campbell Drive, 30 miles south of Miami.
Developers Diversified Realty is owned by one Guru. Chris Davis owns 1,018,276 shares as of 09/30/2008, which accounts for 0.04% of the $74.87 billion portfolio of Davis Selected Advisers.
CEO, Director Scott A Wolstein sold 520,200 shares of DDR stock in October at the average price of $8.2; the price of the stock has decreased by 36.34% since. Director Terrance R Ahern, Director Scott D Roulston, and Sr. V.P. & Chief Acct. Officer Christa A Vesy bought shares in October and November; the price per share has decreased more than 40% since. Exec Vice President Joan U Allgood and Exec Vice President Richard E Brown sold shares in October; the price per share has decreased more than 40% since.
Developers Diversified Realty Corp. has a market cap of $627.83 million; its shares were traded at around $5.22 with a P/E ratio of 5.12 and P/S ratio of 0.77. The dividend yield of Developers Diversified Realty Corp. stocks is 28.69%.
AMB Property Corp. (AMB): President, Private Capital John T Jr Roberts Bought 70,000 Shares
AMB Property Corporation is one of the leading owners and operators of industrial real estate nationwide. The company's investment strategy is to become a leading provider of High Throughput Distribution properties located near key passenger and air cargo airports key interstate highways and ports in major metropolitan areas such as Atlanta Chicago Dallas/Fort Worth Northern New Jersey the San Francisco Bay Area and Southern California.
AMB Property Corp. announced on Tuesday, November 11 that it has leased 139,000 square feet (12,900 square meters) in two build-to-suit developments at Houston's George W Bush International Airport and Amsterdam Airport Schiphol.
AMB Property Corp is owned by two Gurus. As of 9/30/08, Kenneth Fisher owns 56,375 shares, which accounts for 0.01% of the $31.63 billion portfolio of Fisher Asset Management, LLC. Chris Davis owns 1,172,446 shares, which accounts for 0.07% of the $74.87 billion portfolio of Davis Selected Advisers. Ken Heebner sold out his holdings in the same quarter.
President, Private Capital John T Jr Roberts, Director David A Cole, President, Europe and Asia Guy F Jaquier, and Director Frederick W Reid bought shares of AMB in the last three months. The price per share has decreased more than 10% since. Director T Robert Burke sold shares of AMB in September; the price per share has decreased more than 60% since.
AMB Property Corp. has a market cap of $1.45 billion; its shares were traded at around $14.75 with a P/E ratio of 6.42 and P/S ratio of 2.24. The dividend yield of AMB Property Corp. stocks is 9.23%.
Commercial Metals Company (CMC): Director Ralph E Loewenberg Bought 100,000 Shares
Commercial Metals Company has three segments which are primarily concerned with metals related activities. The manufacturing segment is the dominant and most rapidly expanding segment in terms of assets employed capital expenditures operating profit and number of employees. The recycling segment is engaged in processing secondary or scrap metals for further recycling into new metal products. The marketing and trading segment buys and sells primary and secondary metals and fabricated metals.
Steel and metals maker and recycler Commercial Metals Co. said Thursday, October 30 that fiscal fourth-quarter earnings fell 39 percent as the company took a big expense related to its inventory accounting, caused by higher scrap prices.
Commercial Metals Company is owned by three Gurus. As of 9/30/08, Richard Perry owns 991,247 shares, which accounts for 0.66% of the $2.56 billion portfolio of Perry Capital. Kenneth Fisher owns 1,699,824 shares, which accounts for 0.09% of the $31.63 billion portfolio of Fisher Asset Management, LLC. John Keeley owns 2,921,236 shares, which accounts for 0.55% of the $9.04 billion portfolio of Keeley Fund Management. Ken Heebner sold out his holdings in the same quarter.
Chairman; President & CEO Murray R McClean bought 20,000 shares of CMC stock on 11/07/2008 at the average price of $10.37; the price of the stock has decreased by 5.4% since. Controller Leon K Rusch, Directors Ralph E Loewenberg, Robert L Guido, Robert D Neary, J David Smith, Robert R Womack, and V.P. & CIO Malinda G Passmore bought shares of CMC in November; the price per share has decreased by more than 2% since.
Commercial Metals Company has a market cap of $1.12 billion; its shares were traded at around $9.81 with a P/E ratio of 4.98 and P/S ratio of 0.12. The dividend yield of Commercial Metals Company stocks is 4.49%.
Catalyst Health Solutions Inc. (CHSI): Director Edward S Civera Bought 50,000 Shares
Catalyst Health Solutions Inc.’s subsidiaries include Catalyst Rx a full-service pharmacy benefit manager serving more than five million lives in the United States and Puerto Rico; HospiScript Services LLC one of the largest providers of pharmacy benefit management services to the hospice industry; and Immediate Pharmaceutical Services Inc. a fully-integrated prescription mail service facility based out of Avon Lake Ohio. The company’s clients include self-insured employers including state and local governments managed care organizations unions hospices third-party administrators and individuals.
Catalyst Health Solutions Inc.’s net income for the third quarter was $12.6 million, or 29 cents a share, compared with $9.8 million, or 23 cents a share, a year earlier. The company reported a higher quarterly profit as addition of new clients boosted prescription volume, but it forecast 2009 results below Wall Street estimates.
Catalyst Health Solutions Inc. is not currently owned by any Gurus.
CEO, Director David T Blair and CFO & EVP Corp Dev Michael P Donovan have been selling shares of CHSI since June; the price per share has decreased steadily since. Directors Thomas L Blaire and Michael R McDonnell sold shares of CHSI in September and August respectively. Director Edward S Civera bought shares of CHSI stock in November; the price of the stock has decreased by 0% since.
Catalyst Health Solutions Inc. has a market cap of $867.86 million; its shares were traded at around $20 with a P/E ratio of 18.18 and P/S ratio of 0.38.
Tyco Electronics Ltd. (TEL): Director Frederic M Poses Bought 70,000 Shares
Tyco Electronics Ltd. global provider of engineered electronic components for thousands of consumer and industrial products; network solutions and systems for telecommunications and energy markets; and wireless systems for critical communications radar and defense applications.
Tyco Electronics Ltd. eeported Thursday, November 6 its earnings fell 21 percent in the fiscal fourth quarter as charges for restructuring and asset impairment rose. The company posted net income of $202 million, or 43 cents per share for the quarter that ended Sept. 26. That was down from $256 million, or 51 cents per share, in the same period a year ago.
Tyco Electronics Ltd. is owned by 12 Gurus.
Director Robert M Hernandez bought 10,000 shares of TEL stock on 11/13/2008 at the average price of $13.51; the price of the stock has increased by 7.33% since. Director Frederic M Poses bought 70,000 shares of TEL stock on 11/12/2008 at the average price of $13.98; the price of the stock has increased by 3.72% since.
Tyco Electronics Ltd. has a market cap of $6.72 billion; its shares were traded at around $14.5 with a P/E ratio of 3.95 and P/S ratio of 0.46. The dividend yield of Tyco Electronics Ltd. stocks is 3.62%.
