Weekly highlight of top insider buys: Hillenbrand Inc. (HI, Financial), Textron Inc. (TXT, Financial), CVS Caremark Corp. (CVS, Financial), Wynn Resorts Ltd. (WYNN, Financial), Complete Production Services Inc. (CPX, Financial)
For the complete list of stocks that bought by their company executives, go to: Insider Buys.
Hillenbrand Inc. (HI): Director Rayj Hillenbrand Bought 43,671 Shares
Director of Hillenbrand Inc., Rayj Hillenbrand, bought 43,671 shares on 12/29/2008 at an average price of $17.95 per share.
Hillenbrand Inc. is the holding company for Batesville Casket Company, a leader in the North American death care industry through the sale of funeral services products including burial caskets, cremation caskets, containers, urns, selection room display, fixturing and other personalization and memorialization products. Hillenbrand Inc. has a market cap of $1.01 billion; its shares were traded at around $17.95 with and P/S ratio of 1.5. The dividend yield of Hillenbrand Inc. stocks is 4.51%.
Hillenbrand Inc. recently reported a fourth quarter 2008 revenue of $158.8 million, compared to the $158.2 million revenue of 2007’s fourth quarter. Also for the fourth quarter, the company had a gross profit of $64 million and an operating income of $32.3 million, and a net income of $19.2 million.
Director Rayj Hillenbrand bought 94,271 shares total of HI stock throughout December; the price per share has increased more than 10% since his last buy. Director James A Henderson and Senior V.P. Gen. Counsel & Sec John R Zerkle also bought shares during December. Director Tom Johnson bought shares of HI stock in August; the price of the stock has decreased by 21.13% since. Director W August Hillenbrand sold 311,333 shares of HI stock last month; the price of the stock has increased by 11.77% since.
Textron Inc. (TXT): Director Lawrence K Fish Bought 20,000 Shares
Lawrence K Fish, a director of Textron Inc., bought 20,000 shares on 12/29/2008 at an average price of $15.37.
Textron Inc. is a global multi-industry company with operations in five business segments – Aircraft, Fastening Systems, Industrial Components, Industrial Products and Finance. The company's products include commercial and military helicopters, light and mid-size business jets, plastic fuel tanks, automotive trim products, golf cars, utility vehicles, turf-care equipment, industrial pumps and gears, engineered fastening systems and solutions, and other industrial products. Textron Inc. has a market cap of $3.11 billion; its shares were traded at around $15.37 with a P/E ratio of 3.35 and P/S ratio of 0.24. The dividend yield of Textron Inc. stocks is 7.13%. Textron Inc. had an annual average earning growth of 3% over the past 10 years.
As of the fourth quarter of 2008, Textron Inc. had a total revenue of $3,533 million, a gross profit of $858 million, an operating income of $329 million, and a net income of $206 million.
Textron Inc. is owned by 2 Gurus. As of the third quarter, Joel Greenblatt bought 7,396 shares in the quarter, which is 0.34% of the $63 million portfolio of Gotham Capital, and John Keeley owns 148,630 shares that account for for 0.05% of the $9.04 billion portfolio of Keeley Fund Management. Chris Davis sold out his holdings in the same quarter.
Director Lawrence K Fish bought 40,000 shares of TXT stock throughout December; the price per share has increased more than 20% since the last buy. He also bought a quarter thousand shares in August at the average price of $44.17. Director Kathleen M Bader bought 5,000 shares in December, October, and August. Director Ivor J Evans and Director R Kerry Clark also bought 5,000 shares of TXT stock in August; the price per share has decreased by more than 60% since. Director Joe T Ford bought 5,000 shares of TXT stock in July; the price of the stock has decreased by 64.83% since.
CVS Caremark Corp. (CVS): SVP and CIO Stuart M Mcguigan Bought 9,182 Shares
SVP and CIO of CVS Caremark Corp., Stuart M Mcguigan, bought 9,182 shares on 12/29/2008 at an average price of $29.38.
CVS/Caremark is the nation's premier integrated pharmacy services provider, combining one of the nation's leading pharmaceutical services companies with the country's largest pharmacy chain. The company fills or manages more than one billion prescriptions per year, more than any other pharmacy services provider. CVS/Caremark drives value for pharmacy services customers by effectively managing pharmaceutical costs and improving healthcare outcomes through its six thousand two hundred CVS/pharmacy stores; its pharmacy benefit management mail order and specialty pharmacy division Caremark Pharmacy Services; its retail-based health clinic subsidiary MinuteClinic; and its online pharmacy CVS.com. CVS Caremark Corp. has a market cap of $38.39 billion; its shares were traded at around $29.38 with a P/E ratio of 11.47 and P/S ratio of 0.5. The dividend yield of CVS Caremark Corp. stocks is 1.03%. CVS Caremark Corp. had an annual average earning growth of 10.5% over the past 10 years. GuruFocus rated CVS Caremark Corp. the business predictability rank of 4-star.
CVS Caremark Corp. is owned by 7 Gurus, as of the third quarter. John Keeley owns 88,955 shares, which accounts for 0.03% of the $9.04 billion portfolio of Keeley Fund Management. Chris Davis owns 33,636,634 shares that make up 1.51% of the $74.87 billion portfolio of Davis Selected Advisers. Ruane Cunniff owns 115,744 shares, which is 0.04% of the $9.47 billion portfolio of Ruane & Cunniff & Goldfarb Inc. Dodge & Cox owns 7,000 shares that is less than 0.01% of the $90.25 billion portfolio of Dodge & Cox. Kenneth Fisher owns 5,955 shares, which accounts for less than 0.01% of the $31.63 billion portfolio of Fisher Asset Management, LLC. Ron Baron owns 70,445 shares, which is 0.02% of the $15.41 billion portfolio of Baron Funds. Finally, Richard Perry owns 310,000 shares. This position accounts for 0.41% of the $2.56 billion portfolio of Perry Capital.
SVP and CIO Stuart M Mcguigan bought 9,182 shares of CVS stock in December; the price of the stock has increased by 7.62% since. Chief Medical Officer Troyen A Brennan bought 10,616 shares of CVS stock in November; the price of the stock has increased by 3.96% since. Executive Vice President Douglas A Sgarro sold 100,000 shares of CVS stock in September; the price of the stock has decreased by more than 22% since.
Wynn Resorts Ltd. (WYNN): Director Russell D Goldsmith Bought 5,000 Shares
Russell D Goldsmith, a director of Wynn Resorts Ltd., bought 5,000 shares on 12/31/2008 at an average price of $47.42.
Wynn Resorts Limited and its wholly-owned subsidiaries, Wynn Las Vegas and Wynn Capital, will own and operate Le Reve, which they have designed to be the preeminent luxury hotel and destination casino resort in Las Vegas. Wynn Resorts Ltd. has a market cap of $4.44 billion; its shares were traded at around $47.42 with a P/E ratio of 13.63 and P/S ratio of 1.65.
Wynn Resorts Ltd. had a fourth quarter total revenue of $769.19 million, compared to $711.3 million of 2007. WYNN also had a gross profit of $280.50 million, an operating income of $78.19 million, and a net income of $51.13 million.
As of the third quarter, Wynn Resorts Ltd. is owned by 2 Gurus. David Winters owns 1,589,022 shares, which accounts for 18.58% of the $698 million portfolio of Wintergreen Advisors. Ron Baron owns 4,653,601 shares, a decrease of 20.67% of from the previous quarter. This position makes up 2.41% of the $15.41 billion portfolio of Baron Funds.
Director Russell D Goldsmith bought 5,000 shares of WYNN stock in December; the price of the stock has increased by 12.64% since. Director John A Moran bought twice as many shares in October; the price per share has decreased by 34.57% since. COO Marc D Schorr sold 9,200 shares of WYNN stock in December; the price of the stock has increased by almost 7% since.
Complete Production Services Inc. (CPX): VP HR and Admin. Kenneth L Nibling Bought 14,285 Shares
VP HR and Admin. of Complete Production Services Inc., Kenneth L Nibling, bought 14,285 shares on 12/29/2008 at an average price of $8.99.
Complete Production Services Inc. is one of North America's leading oilfield service providers, offering all-inclusive field support solutions, equipment, and well-production, optimization, and enhancement to the world's largest oil and gas companies. The company's customers trust the CPX to provide both technologically innovative and time-tested methods to develop hydrocarbon reserves, reducing operating costs and enhance oil and gas production by calling on its local basin expertise and leadership in the major oil and gas regions from Canada to Mexico. Complete Production Services Inc. has a market cap of $544.9 million; its shares were traded at around $8.99 with a P/E ratio of 3.02 and P/S ratio of 0.33.
As of the fourth quarter, Complete Producition Services Inc. had a total revenue of $493.23 million, a gross profit of $194.18 million, an operating income of $96.04 million, and a net income of 52.19 million.
Chairman and CEO, Director Joseph C Winkler bought 10,000 shares of CPX stock in December at the average price of $5.86; the price of the stock has increased by 53.41% since.
VP HR and Admin. Kenneth L Nibling bought 39,285 shares of CPX stock last month; the price of the stock has increased by 28.43% since his last buy. Director Harold Hamm also bought 30,000 shares of CPX stock in December. L E Simmons sold 1,616,095 shares total of CPX stock throughout August; the price per share has decreased more than 70% since. Director Andrew L Waite also sold 137,262 shares stock in August; the price of the stock has decreased by 71.13% since.
For the complete list of stocks that bought by their company executives, go to: Insider Buys.
Hillenbrand Inc. (HI): Director Rayj Hillenbrand Bought 43,671 Shares
Director of Hillenbrand Inc., Rayj Hillenbrand, bought 43,671 shares on 12/29/2008 at an average price of $17.95 per share.
Hillenbrand Inc. is the holding company for Batesville Casket Company, a leader in the North American death care industry through the sale of funeral services products including burial caskets, cremation caskets, containers, urns, selection room display, fixturing and other personalization and memorialization products. Hillenbrand Inc. has a market cap of $1.01 billion; its shares were traded at around $17.95 with and P/S ratio of 1.5. The dividend yield of Hillenbrand Inc. stocks is 4.51%.
Hillenbrand Inc. recently reported a fourth quarter 2008 revenue of $158.8 million, compared to the $158.2 million revenue of 2007’s fourth quarter. Also for the fourth quarter, the company had a gross profit of $64 million and an operating income of $32.3 million, and a net income of $19.2 million.
Director Rayj Hillenbrand bought 94,271 shares total of HI stock throughout December; the price per share has increased more than 10% since his last buy. Director James A Henderson and Senior V.P. Gen. Counsel & Sec John R Zerkle also bought shares during December. Director Tom Johnson bought shares of HI stock in August; the price of the stock has decreased by 21.13% since. Director W August Hillenbrand sold 311,333 shares of HI stock last month; the price of the stock has increased by 11.77% since.
Textron Inc. (TXT): Director Lawrence K Fish Bought 20,000 Shares
Lawrence K Fish, a director of Textron Inc., bought 20,000 shares on 12/29/2008 at an average price of $15.37.
Textron Inc. is a global multi-industry company with operations in five business segments – Aircraft, Fastening Systems, Industrial Components, Industrial Products and Finance. The company's products include commercial and military helicopters, light and mid-size business jets, plastic fuel tanks, automotive trim products, golf cars, utility vehicles, turf-care equipment, industrial pumps and gears, engineered fastening systems and solutions, and other industrial products. Textron Inc. has a market cap of $3.11 billion; its shares were traded at around $15.37 with a P/E ratio of 3.35 and P/S ratio of 0.24. The dividend yield of Textron Inc. stocks is 7.13%. Textron Inc. had an annual average earning growth of 3% over the past 10 years.
As of the fourth quarter of 2008, Textron Inc. had a total revenue of $3,533 million, a gross profit of $858 million, an operating income of $329 million, and a net income of $206 million.
Textron Inc. is owned by 2 Gurus. As of the third quarter, Joel Greenblatt bought 7,396 shares in the quarter, which is 0.34% of the $63 million portfolio of Gotham Capital, and John Keeley owns 148,630 shares that account for for 0.05% of the $9.04 billion portfolio of Keeley Fund Management. Chris Davis sold out his holdings in the same quarter.
Director Lawrence K Fish bought 40,000 shares of TXT stock throughout December; the price per share has increased more than 20% since the last buy. He also bought a quarter thousand shares in August at the average price of $44.17. Director Kathleen M Bader bought 5,000 shares in December, October, and August. Director Ivor J Evans and Director R Kerry Clark also bought 5,000 shares of TXT stock in August; the price per share has decreased by more than 60% since. Director Joe T Ford bought 5,000 shares of TXT stock in July; the price of the stock has decreased by 64.83% since.
CVS Caremark Corp. (CVS): SVP and CIO Stuart M Mcguigan Bought 9,182 Shares
SVP and CIO of CVS Caremark Corp., Stuart M Mcguigan, bought 9,182 shares on 12/29/2008 at an average price of $29.38.
CVS/Caremark is the nation's premier integrated pharmacy services provider, combining one of the nation's leading pharmaceutical services companies with the country's largest pharmacy chain. The company fills or manages more than one billion prescriptions per year, more than any other pharmacy services provider. CVS/Caremark drives value for pharmacy services customers by effectively managing pharmaceutical costs and improving healthcare outcomes through its six thousand two hundred CVS/pharmacy stores; its pharmacy benefit management mail order and specialty pharmacy division Caremark Pharmacy Services; its retail-based health clinic subsidiary MinuteClinic; and its online pharmacy CVS.com. CVS Caremark Corp. has a market cap of $38.39 billion; its shares were traded at around $29.38 with a P/E ratio of 11.47 and P/S ratio of 0.5. The dividend yield of CVS Caremark Corp. stocks is 1.03%. CVS Caremark Corp. had an annual average earning growth of 10.5% over the past 10 years. GuruFocus rated CVS Caremark Corp. the business predictability rank of 4-star.
CVS Caremark Corp. is owned by 7 Gurus, as of the third quarter. John Keeley owns 88,955 shares, which accounts for 0.03% of the $9.04 billion portfolio of Keeley Fund Management. Chris Davis owns 33,636,634 shares that make up 1.51% of the $74.87 billion portfolio of Davis Selected Advisers. Ruane Cunniff owns 115,744 shares, which is 0.04% of the $9.47 billion portfolio of Ruane & Cunniff & Goldfarb Inc. Dodge & Cox owns 7,000 shares that is less than 0.01% of the $90.25 billion portfolio of Dodge & Cox. Kenneth Fisher owns 5,955 shares, which accounts for less than 0.01% of the $31.63 billion portfolio of Fisher Asset Management, LLC. Ron Baron owns 70,445 shares, which is 0.02% of the $15.41 billion portfolio of Baron Funds. Finally, Richard Perry owns 310,000 shares. This position accounts for 0.41% of the $2.56 billion portfolio of Perry Capital.
SVP and CIO Stuart M Mcguigan bought 9,182 shares of CVS stock in December; the price of the stock has increased by 7.62% since. Chief Medical Officer Troyen A Brennan bought 10,616 shares of CVS stock in November; the price of the stock has increased by 3.96% since. Executive Vice President Douglas A Sgarro sold 100,000 shares of CVS stock in September; the price of the stock has decreased by more than 22% since.
Wynn Resorts Ltd. (WYNN): Director Russell D Goldsmith Bought 5,000 Shares
Russell D Goldsmith, a director of Wynn Resorts Ltd., bought 5,000 shares on 12/31/2008 at an average price of $47.42.
Wynn Resorts Limited and its wholly-owned subsidiaries, Wynn Las Vegas and Wynn Capital, will own and operate Le Reve, which they have designed to be the preeminent luxury hotel and destination casino resort in Las Vegas. Wynn Resorts Ltd. has a market cap of $4.44 billion; its shares were traded at around $47.42 with a P/E ratio of 13.63 and P/S ratio of 1.65.
Wynn Resorts Ltd. had a fourth quarter total revenue of $769.19 million, compared to $711.3 million of 2007. WYNN also had a gross profit of $280.50 million, an operating income of $78.19 million, and a net income of $51.13 million.
As of the third quarter, Wynn Resorts Ltd. is owned by 2 Gurus. David Winters owns 1,589,022 shares, which accounts for 18.58% of the $698 million portfolio of Wintergreen Advisors. Ron Baron owns 4,653,601 shares, a decrease of 20.67% of from the previous quarter. This position makes up 2.41% of the $15.41 billion portfolio of Baron Funds.
Director Russell D Goldsmith bought 5,000 shares of WYNN stock in December; the price of the stock has increased by 12.64% since. Director John A Moran bought twice as many shares in October; the price per share has decreased by 34.57% since. COO Marc D Schorr sold 9,200 shares of WYNN stock in December; the price of the stock has increased by almost 7% since.
Complete Production Services Inc. (CPX): VP HR and Admin. Kenneth L Nibling Bought 14,285 Shares
VP HR and Admin. of Complete Production Services Inc., Kenneth L Nibling, bought 14,285 shares on 12/29/2008 at an average price of $8.99.
Complete Production Services Inc. is one of North America's leading oilfield service providers, offering all-inclusive field support solutions, equipment, and well-production, optimization, and enhancement to the world's largest oil and gas companies. The company's customers trust the CPX to provide both technologically innovative and time-tested methods to develop hydrocarbon reserves, reducing operating costs and enhance oil and gas production by calling on its local basin expertise and leadership in the major oil and gas regions from Canada to Mexico. Complete Production Services Inc. has a market cap of $544.9 million; its shares were traded at around $8.99 with a P/E ratio of 3.02 and P/S ratio of 0.33.
As of the fourth quarter, Complete Producition Services Inc. had a total revenue of $493.23 million, a gross profit of $194.18 million, an operating income of $96.04 million, and a net income of 52.19 million.
Chairman and CEO, Director Joseph C Winkler bought 10,000 shares of CPX stock in December at the average price of $5.86; the price of the stock has increased by 53.41% since.
VP HR and Admin. Kenneth L Nibling bought 39,285 shares of CPX stock last month; the price of the stock has increased by 28.43% since his last buy. Director Harold Hamm also bought 30,000 shares of CPX stock in December. L E Simmons sold 1,616,095 shares total of CPX stock throughout August; the price per share has decreased more than 70% since. Director Andrew L Waite also sold 137,262 shares stock in August; the price of the stock has decreased by 71.13% since.
