At the years of the Great Depression, Irving Kahn was already in his 30s. He must still remember what the stock market was like then. Now he is still buying and he is heavily invested in healthcare and financials. These are his buys and sells during the past quarter.
Irving Kahn buys General Electric Company, adds to SLM Corp., Old Republic International Corp. etc. during the 3-months ended 12/31/2008, according to the most recent filings of his investment company, Kahn Brothers & Company Inc.. Irving Kahn owns 58 stocks with a total value of $381 million. These are the details of the buys and sells.
New Purchases: GE,
Added Positions: C, MON, MRK, NYT, ORI, SLM, USG,
For the details of Irving Kahn's stock buys and sells, go to the Link Here
Added: SLM Corp. (SLM, Financial)
Irving Kahn added to his holdings in SLM Corp. by 81.69%. His purchase prices were between $6.44 and $10.67, with an estimated average price of $8.7. The impact to his portfolio due to this purchase was 1.08%. His holdings were 1,026,803 shares as of 12/31/2008.
SLM Corporation is the one of nation's largest private sources of funding and servicing support for higher education loans for students and their parents. The company provides a wide range of financial services processing capabilities and information technology to meet the needs of educational institutions lenders students and guarantee agencies. SLM Corp. has a market cap of $5.35 billion; its shares were traded at around $10 with a P/E ratio of 10.9 and P/S ratio of 0.7. SLM Corp. had an annual average earning growth of 12.8% over the past 10 years.
Added: Old Republic International Corp. (ORI, Financial)
Irving Kahn added to his holdings in Old Republic International Corp. by 5.09%. His purchase prices were between $7.79 and $11.05, with an estimated average price of $9.3. The impact to his portfolio due to this purchase was 0.28%. His holdings were 1,838,260 shares as of 12/31/2008.
Old Republic International Corporation is Chicago-based and is an insurance holding company whose subsidiaries market underwrite and provide risk management services for a wide variety of coverages in the property and liability mortgage guaranty title and life and health insurance fields. Old Republic International Corp. has a market cap of $2.38 billion; its shares were traded at around $11.23 with and P/S ratio of 0.64. The dividend yield of Old Republic International Corp. stocks is 6.59%. Old Republic International Corp. had an annual average earning growth of 5% over the past 10 years.
Added: The New York Times Company (NYT, Financial)
Irving Kahn added to his holdings in The New York Times Company by 14.56%. His purchase prices were between $5.3 and $13.49, with an estimated average price of $8.6. The impact to his portfolio due to this purchase was 0.14%. His holdings were 588,145 shares as of 12/31/2008.
New York Times Company is a diversified media company including newspapers television and radio stations magazines electronic information and publishing Internet businesses and forest products investments. The Company currently classifies its businesses into the following segments: Newspapers Broadcasting Magazines and Forest Product Investments and Other Joing Ventures. The New York Times Company has a market cap of $714.65 million; its shares were traded at around $5.05 with a P/E ratio of 8.15 and P/S ratio of 0.24. The dividend yield of The New York Times Company stocks is 4.83%.
Added: Merck & Co. Inc. (MRK, Financial)
Irving Kahn added to his holdings in Merck & Co. Inc. by 2.36%. His purchase prices were between $24.05 and $30.51, with an estimated average price of $27.4. The impact to his portfolio due to this purchase was 0.12%. His holdings were 672,076 shares as of 12/31/2008.
Merck & Co. Inc. is a global research-driven pharmaceutical company dedicated to putting patients first. Established in 1891 Merck discovers develops manufactures and markets vaccines and medicines to address unmet medical needs. The company devotes extensive efforts to increase access to medicines through far-reaching programs that not only donate Merck medicines but help deliver them to the people who need them. Merck also publishes unbiased health information as a not-for-profit service. Merck & Co. Inc. has a market cap of $60.36 billion; its shares were traded at around $30.77 with a P/E ratio of 8.52 and P/S ratio of 2.49. The dividend yield of Merck & Co. Inc. stocks is 5.32%.
Added: Monsanto Company (MON, Financial)
Irving Kahn added to his holdings in Monsanto Company by 24.23%. His purchase prices were between $67.19 and $88.69, with an estimated average price of $75.8. The impact to his portfolio due to this purchase was 0.05%. His holdings were 15,381 shares as of 12/31/2008.
Monsanto is a leading global provider of technology-based solutions and agricultural products for growers and downstream customers such as grain processors and consumers in the agricultural markets. The combination of its herbicides seeds and related genetic trait products provides growers with integrated solutions to more efficiently and cost effectively produce crops at higher yields while controlling weeds insects and diseases. Its base business led by Roundup and coupled with the latest tools in biotechnology genomics and molecular breeding. Monsanto Company has a market cap of $41.68 billion; its shares were traded at around $83.96 with a P/E ratio of 18.15 and P/S ratio of 3.67. The dividend yield of Monsanto Company stocks is 1.26%. Monsanto Company had an annual average earning growth of 30.7% over the past 5 years.
Added: USG Corp. (USG, Financial)
Irving Kahn added to his holdings in USG Corp. by 57.14%. His purchase prices were between $7.07 and $20.19, with an estimated average price of $12.3. The impact to his portfolio due to this purchase was 0.04%. His holdings were 55,000 shares as of 12/31/2008.
USG Corp. through its subsidiaries is a leading manufacturer and distributor of building materials producing a wide range of products for use in new residential new nonresidential and repair and remodel construction as well as products used in certain industrial processes. USG's operations are organized into three operating segments: North American Gypsum Worldwide Ceilings and Building Products Distribution. USG Corp. has a market cap of $645.51 million; its shares were traded at around $7.84 with and P/S ratio of 0.14.
Added: Citigroup Inc. (C, Financial)
Irving Kahn added to his holdings in Citigroup Inc. by 130.21%. His purchase prices were between $3.76 and $14.66, with an estimated average price of $9.7. The impact to his portfolio due to this purchase was 0.04%. His holdings were 41,024 shares as of 12/31/2008.
Citigroup Inc. the leading global financial services company has some two hundred million customer accounts and does business in more than hundred countries providing consumers corporations governments and institutions with a broad range of financial products and services including consumer banking and credit corporate and investment banking securities brokerage and wealth management. Major brand names under Citigroup's trademark red umbrella include Citibank CitiFinancial Primerica Smith Barney and Banamex. Citigroup Inc. has a market cap of $19.35 billion; its shares were traded at around $3.91 with and P/S ratio of 0.37. The dividend yield of Citigroup Inc. stocks is 1.13%. Citigroup Inc. had an annual average earning growth of 5.1% over the past 10 years.
New Purchase: General Electric Company (GE, Financial)
Irving Kahn initiated holdings in General Electric Company. His purchase prices were between $13.77 and $21.09, with an estimated average price of $17.4. The impact to his portfolio due to this purchase was 0.09%. His holdings were 21,800 shares as of 12/31/2008.
General Electric is one of the largest and most diversified industrial corporations in the world. GE is engaged in developing manufacturing and marketing a wide variety of products for the generation transmission distribution control and utilization of electricity. Some of GE's products include major appliances; lighting products; industrial automation products; medical diagnostic imaging equipment; motors; electrical distribution and control equipment; locomotives; power generation and delivery products. General Electric Company has a market cap of $120.76 billion; its shares were traded at around $11.1 with a P/E ratio of 6.74 and P/S ratio of 0.66. The dividend yield of General Electric Company stocks is 10.22%. General Electric Company had an annual average earning growth of 12.7% over the past 10 years. GuruFocus rated General Electric Company the business predictability rank of 3.5-star.
Irving Kahn buys General Electric Company, adds to SLM Corp., Old Republic International Corp. etc. during the 3-months ended 12/31/2008, according to the most recent filings of his investment company, Kahn Brothers & Company Inc.. Irving Kahn owns 58 stocks with a total value of $381 million. These are the details of the buys and sells.
New Purchases: GE,
Added Positions: C, MON, MRK, NYT, ORI, SLM, USG,
For the details of Irving Kahn's stock buys and sells, go to the Link Here
Added: SLM Corp. (SLM, Financial)
Irving Kahn added to his holdings in SLM Corp. by 81.69%. His purchase prices were between $6.44 and $10.67, with an estimated average price of $8.7. The impact to his portfolio due to this purchase was 1.08%. His holdings were 1,026,803 shares as of 12/31/2008.
SLM Corporation is the one of nation's largest private sources of funding and servicing support for higher education loans for students and their parents. The company provides a wide range of financial services processing capabilities and information technology to meet the needs of educational institutions lenders students and guarantee agencies. SLM Corp. has a market cap of $5.35 billion; its shares were traded at around $10 with a P/E ratio of 10.9 and P/S ratio of 0.7. SLM Corp. had an annual average earning growth of 12.8% over the past 10 years.
Added: Old Republic International Corp. (ORI, Financial)
Irving Kahn added to his holdings in Old Republic International Corp. by 5.09%. His purchase prices were between $7.79 and $11.05, with an estimated average price of $9.3. The impact to his portfolio due to this purchase was 0.28%. His holdings were 1,838,260 shares as of 12/31/2008.
Old Republic International Corporation is Chicago-based and is an insurance holding company whose subsidiaries market underwrite and provide risk management services for a wide variety of coverages in the property and liability mortgage guaranty title and life and health insurance fields. Old Republic International Corp. has a market cap of $2.38 billion; its shares were traded at around $11.23 with and P/S ratio of 0.64. The dividend yield of Old Republic International Corp. stocks is 6.59%. Old Republic International Corp. had an annual average earning growth of 5% over the past 10 years.
Added: The New York Times Company (NYT, Financial)
Irving Kahn added to his holdings in The New York Times Company by 14.56%. His purchase prices were between $5.3 and $13.49, with an estimated average price of $8.6. The impact to his portfolio due to this purchase was 0.14%. His holdings were 588,145 shares as of 12/31/2008.
New York Times Company is a diversified media company including newspapers television and radio stations magazines electronic information and publishing Internet businesses and forest products investments. The Company currently classifies its businesses into the following segments: Newspapers Broadcasting Magazines and Forest Product Investments and Other Joing Ventures. The New York Times Company has a market cap of $714.65 million; its shares were traded at around $5.05 with a P/E ratio of 8.15 and P/S ratio of 0.24. The dividend yield of The New York Times Company stocks is 4.83%.
Added: Merck & Co. Inc. (MRK, Financial)
Irving Kahn added to his holdings in Merck & Co. Inc. by 2.36%. His purchase prices were between $24.05 and $30.51, with an estimated average price of $27.4. The impact to his portfolio due to this purchase was 0.12%. His holdings were 672,076 shares as of 12/31/2008.
Merck & Co. Inc. is a global research-driven pharmaceutical company dedicated to putting patients first. Established in 1891 Merck discovers develops manufactures and markets vaccines and medicines to address unmet medical needs. The company devotes extensive efforts to increase access to medicines through far-reaching programs that not only donate Merck medicines but help deliver them to the people who need them. Merck also publishes unbiased health information as a not-for-profit service. Merck & Co. Inc. has a market cap of $60.36 billion; its shares were traded at around $30.77 with a P/E ratio of 8.52 and P/S ratio of 2.49. The dividend yield of Merck & Co. Inc. stocks is 5.32%.
Added: Monsanto Company (MON, Financial)
Irving Kahn added to his holdings in Monsanto Company by 24.23%. His purchase prices were between $67.19 and $88.69, with an estimated average price of $75.8. The impact to his portfolio due to this purchase was 0.05%. His holdings were 15,381 shares as of 12/31/2008.
Monsanto is a leading global provider of technology-based solutions and agricultural products for growers and downstream customers such as grain processors and consumers in the agricultural markets. The combination of its herbicides seeds and related genetic trait products provides growers with integrated solutions to more efficiently and cost effectively produce crops at higher yields while controlling weeds insects and diseases. Its base business led by Roundup and coupled with the latest tools in biotechnology genomics and molecular breeding. Monsanto Company has a market cap of $41.68 billion; its shares were traded at around $83.96 with a P/E ratio of 18.15 and P/S ratio of 3.67. The dividend yield of Monsanto Company stocks is 1.26%. Monsanto Company had an annual average earning growth of 30.7% over the past 5 years.
Added: USG Corp. (USG, Financial)
Irving Kahn added to his holdings in USG Corp. by 57.14%. His purchase prices were between $7.07 and $20.19, with an estimated average price of $12.3. The impact to his portfolio due to this purchase was 0.04%. His holdings were 55,000 shares as of 12/31/2008.
USG Corp. through its subsidiaries is a leading manufacturer and distributor of building materials producing a wide range of products for use in new residential new nonresidential and repair and remodel construction as well as products used in certain industrial processes. USG's operations are organized into three operating segments: North American Gypsum Worldwide Ceilings and Building Products Distribution. USG Corp. has a market cap of $645.51 million; its shares were traded at around $7.84 with and P/S ratio of 0.14.
Added: Citigroup Inc. (C, Financial)
Irving Kahn added to his holdings in Citigroup Inc. by 130.21%. His purchase prices were between $3.76 and $14.66, with an estimated average price of $9.7. The impact to his portfolio due to this purchase was 0.04%. His holdings were 41,024 shares as of 12/31/2008.
Citigroup Inc. the leading global financial services company has some two hundred million customer accounts and does business in more than hundred countries providing consumers corporations governments and institutions with a broad range of financial products and services including consumer banking and credit corporate and investment banking securities brokerage and wealth management. Major brand names under Citigroup's trademark red umbrella include Citibank CitiFinancial Primerica Smith Barney and Banamex. Citigroup Inc. has a market cap of $19.35 billion; its shares were traded at around $3.91 with and P/S ratio of 0.37. The dividend yield of Citigroup Inc. stocks is 1.13%. Citigroup Inc. had an annual average earning growth of 5.1% over the past 10 years.
New Purchase: General Electric Company (GE, Financial)
Irving Kahn initiated holdings in General Electric Company. His purchase prices were between $13.77 and $21.09, with an estimated average price of $17.4. The impact to his portfolio due to this purchase was 0.09%. His holdings were 21,800 shares as of 12/31/2008.
General Electric is one of the largest and most diversified industrial corporations in the world. GE is engaged in developing manufacturing and marketing a wide variety of products for the generation transmission distribution control and utilization of electricity. Some of GE's products include major appliances; lighting products; industrial automation products; medical diagnostic imaging equipment; motors; electrical distribution and control equipment; locomotives; power generation and delivery products. General Electric Company has a market cap of $120.76 billion; its shares were traded at around $11.1 with a P/E ratio of 6.74 and P/S ratio of 0.66. The dividend yield of General Electric Company stocks is 10.22%. General Electric Company had an annual average earning growth of 12.7% over the past 10 years. GuruFocus rated General Electric Company the business predictability rank of 3.5-star.
