Glenn Greenberg Buys American Express Company, Precision Castparts Corp., Rockwell Collins Inc. Reduces Comcast Corp.

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Feb 17, 2009
Gleen Greenberg is known for deep research on a few companies, and concentrate his investment on them. Interestingly, he reduced his long term holdings in Comcast. This is his buys and sells during the fourth quarter.


Glenn Greenberg buys American Express Company, Precision Castparts Corp., Rockwell Collins Inc. during the 3-months ended 12/31/2008, according to the most recent filings of his investment company, Chieftain Capital Management Inc. Glenn Greenberg owns 13 stocks with a total value of $2.5 billion. These are the details of the buys and sells.


New Purchases: AXP, COL, PCP,


Reduced Positions: AMX, CMCSA, CMCSK,





For the details of Glenn Greenberg's stock buys and sells, go to the Link Here


New Purchase: American Express Company (AXP, Financial)


Glenn Greenberg initiated holdings in American Express Company. His purchase prices were between $17.76 and $27.27, with an estimated average price of $21.9. The impact to his portfolio due to this purchase was 5.82%. His holdings were 7,923,790 shares as of 12/31/2008.


American Express Company is primarily engaged in the business of providing travel related services financial advisory services and international banking services throughout the world. American Express Travel Related Services Company Inc. provides a variety of products and services including global network services the American Express Card the Optima Card and other consumer and corporate lending products stored value products and several others. American Express Company has a market cap of $20.8 billion; its shares were traded at around $13.96 with a P/E ratio of 6.8 and P/S ratio of 0.73. The dividend yield of American Express Company stocks is 4.02%. American Express Company had an annual average earning growth of 1.3% over the past 10 years.


New Purchase: Precision Castparts Corp. (PCP, Financial)


Glenn Greenberg initiated holdings in Precision Castparts Corp.. His purchase prices were between $51.13 and $64.78, with an estimated average price of $56.6. The impact to his portfolio due to this purchase was 4.68%. His holdings were 1,985,050 shares as of 12/31/2008.


Precision Castparts Corp. is a worldwide manufacturer of complex metal components and products. The company is a market leader in manufacturing large complex structural investment castings and is a leading manufacturer of airfoil castings used in jet aircraft engines. In addition the company has expanded into the industrial gas turbine fluidmanagement industrial metalworking tools and machines and other metal products markets. Precision Castparts Corp. has a market cap of $9.29 billion; its shares were traded at around $63.77 with a P/E ratio of 8.4 and P/S ratio of 1.36. The dividend yield of Precision Castparts Corp. stocks is 0.18%. Precision Castparts Corp. had an annual average earning growth of 16.3% over the past 10 years. GuruFocus rated Precision Castparts Corp. the business predictability rank of 3-star.


New Purchase: Rockwell Collins Inc. (COL, Financial)


Glenn Greenberg initiated holdings in Rockwell Collins Inc.. His purchase prices were between $30.19 and $37.45, with an estimated average price of $34.5. The impact to his portfolio due to this purchase was 2.4%. His holdings were 1,548,200 shares as of 12/31/2008.


Rockwell Collins Inc. is a world leader in providing aviation electronics and airborne and mobile communications products and systems for commercial and military applications. Rockwell Collins Inc. has a market cap of $6.15 billion; its shares were traded at around $35.68 with a P/E ratio of 8.9 and P/S ratio of 1.29. The dividend yield of Rockwell Collins Inc. stocks is 2.47%. Rockwell Collins Inc. had an annual average earning growth of 27.9% over the past 5 years.


Reduced: Comcast Corp. (CMCSA, Financial)


Glenn Greenberg reduced to his holdings in Comcast Corp. by 69.03%. His sale prices were between $13.02 and $17.35, with an estimated average price of $15.5. The impact to his portfolio due to this sale was -0.15%. Glenn Greenberg still held 322,735 shares as of 12/31/2008.


Comcast Corp. among the world's leading communication companies provides basic cable digital cable and high speed internet services that connect people to what's important in their lives. They are in the process of deploying digital video applications and high-speed Internet access service to expand the products available on their cable communications networks. Comcast Corp. has a market cap of $40.81 billion; its shares were traded at around $13.66 with a P/E ratio of 16.87 and P/S ratio of 1.32. The dividend yield of Comcast Corp. stocks is 1.76%. Comcast Corp. had an annual average earning growth of 9.6% over the past 10 years.


Reduced: America Movil S.A.B. de C.V. (AMX, Financial)


Glenn Greenberg reduced to his holdings in America Movil S.A.B. de C.V. by 32.65%. His sale prices were between $24.36 and $34.76, with an estimated average price of $30.6. The impact to his portfolio due to this sale was -1.59%. Glenn Greenberg still held 3,956,985 shares as of 12/31/2008.


American Movil is the leading provider of wireless communications services in Mexico. Through their subsidiary Radiom?vil Dipsa which operates under the trademark Telcel they provide cellular telecommunications service in all nine regions in Mexico with a network covering approximately 31.4% of the geographical area of Mexico including all major cities and approximately 89.6% of Mexico 's population. America Movil S.A.B. de C.V. has a market cap of $55.89 billion; its shares were traded at around $28.31 with a P/E ratio of 9.2 and P/S ratio of 1.95. The dividend yield of America Movil S.A.B. de C.V. stocks is 1.62%. America Movil S.A.B. de C.V. had an annual average earning growth of 45.5% over the past 5 years.


Reduced: Comcast Corp. Special (CMCSK, Financial)


Glenn Greenberg reduced to his holdings in Comcast Corp. Special by 22.6%. His sale prices were between $12.8 and $16.91, with an estimated average price of $15. The impact to his portfolio due to this sale was -5.65%. Glenn Greenberg still held 39,064,780 shares as of 12/31/2008.


Comcast Corporation is principally involved in the development management and operation of broadband cable networks and in the provision of electronic commerce and programming content. Comcast's commerce and content businesses include majority ownership of QVC Comcast-Spectacor Comcast SportsNet and The Golf Channel a controlling interest in E! Networks and other programming investments. (Company Press Release) Comcast Corp. Special has a market cap of $38.26 billion; its shares were traded at around $12.82 with and P/S ratio of 1.24. The dividend yield of Comcast Corp. Special stocks is 1.91%. Comcast Corp. Special had an annual average earning growth of 46.5% over the past 5 years.