How Does SLM Catch Our Eyes? As we update the stock picks of Gurus, student loan company SLM Corp shows up as one of the Consensus Picks of Gurus. 6 Gurus bought SLM, and none of the Gurus sold. Especially Seth Klarman bought nearly 4 million shares, SLM is now his largest holding.
SLM's Business and Market Valuation
SLM Corporation,commonly known as Sallie Mae, is the nation's leading provider of saving- and paying-for-college programs. The company manages $150 billion in education loans and serves nearly 10 million student and parent customers. SLM Corp. has a market cap of $23.14 billion, it was traded at around $56.02 with P/E ratio of 22.03 and P/S ratio of 6.56. Gurus' Positions with SLM
SLM Corp. is owned by 7 Gurus. Among them, 6 bought during the first quarter. 6 Gurus Initiated Positions in SLM:
Seth Klarman bought 3,950,000 shares in the quarter ended 03/31/2007, which is 21.14% of the $764 million portfolio of The Baupost Group. Dodge & Cox bought 14,184,900 shares in the quarter ended 03/31/2007, which is 0.45% of the $129.06 billion portfolio of Dodge & Cox. Wallace Weitz bought 200,000 shares in the quarter ended 03/31/2007, which is 0.15% of the $5.38 billion portfolio of Weitz Wallace R & Co. Ruane Cunniff bought 150,000 shares in the quarter ended 03/31/2007, which is 0.05% of the $12.47 billion portfolio of Ruane & Cunniff & Goldfarb Inc. David Dreman bought 68,811 shares in the quarter ended 03/31/2007, which is 0.01% of the $19.6 billion portfolio of Dreman Value Management. Charles Brandes bought 62,720 shares in the quarter ended 03/31/2007, which is less than 0.01% of the $55.83 billion portfolio of Brandes Investment. 1 Guru Kept Positions in SLM Unchanged:
Irving Kahn owns 6,300 shares as of 03/31/2007, which accounts for 0.04% of the $660 million portfolio of Kahn Brothers & Company Inc.. Insiders' Positions with SLM
Recent Trades of SLM Corp. Directors and Officers:
None of the insiders bought SLM recently. It has been sold by a number of directors and officers.
Executive Vice President June M Mccormack sold 10,900 shares of SLM stock on 04/13/2007 at the average price of $46, the price of the stock has increased by 21.78% since. Director Albert L Lord sold 400,000 shares of SLM stock on 02/02/2007 at the average price of $45.8, the price of the stock has increased by 22.31% since. Director Benjamin J Iii Lambert sold 19,431 shares of SLM stock on 12/20/2006 at the average price of $50, the price of the stock has increased by 12.04% since.
SLM's Business and Market Valuation
SLM Corporation,commonly known as Sallie Mae, is the nation's leading provider of saving- and paying-for-college programs. The company manages $150 billion in education loans and serves nearly 10 million student and parent customers. SLM Corp. has a market cap of $23.14 billion, it was traded at around $56.02 with P/E ratio of 22.03 and P/S ratio of 6.56. Gurus' Positions with SLM
SLM Corp. is owned by 7 Gurus. Among them, 6 bought during the first quarter. 6 Gurus Initiated Positions in SLM:
Seth Klarman bought 3,950,000 shares in the quarter ended 03/31/2007, which is 21.14% of the $764 million portfolio of The Baupost Group. Dodge & Cox bought 14,184,900 shares in the quarter ended 03/31/2007, which is 0.45% of the $129.06 billion portfolio of Dodge & Cox. Wallace Weitz bought 200,000 shares in the quarter ended 03/31/2007, which is 0.15% of the $5.38 billion portfolio of Weitz Wallace R & Co. Ruane Cunniff bought 150,000 shares in the quarter ended 03/31/2007, which is 0.05% of the $12.47 billion portfolio of Ruane & Cunniff & Goldfarb Inc. David Dreman bought 68,811 shares in the quarter ended 03/31/2007, which is 0.01% of the $19.6 billion portfolio of Dreman Value Management. Charles Brandes bought 62,720 shares in the quarter ended 03/31/2007, which is less than 0.01% of the $55.83 billion portfolio of Brandes Investment. 1 Guru Kept Positions in SLM Unchanged:
Irving Kahn owns 6,300 shares as of 03/31/2007, which accounts for 0.04% of the $660 million portfolio of Kahn Brothers & Company Inc.. Insiders' Positions with SLM
Recent Trades of SLM Corp. Directors and Officers:
None of the insiders bought SLM recently. It has been sold by a number of directors and officers.
Executive Vice President June M Mccormack sold 10,900 shares of SLM stock on 04/13/2007 at the average price of $46, the price of the stock has increased by 21.78% since. Director Albert L Lord sold 400,000 shares of SLM stock on 02/02/2007 at the average price of $45.8, the price of the stock has increased by 22.31% since. Director Benjamin J Iii Lambert sold 19,431 shares of SLM stock on 12/20/2006 at the average price of $50, the price of the stock has increased by 12.04% since.
