Markel Corp's Tom Gayner Buys Mcdonald's Corp., Abbott Laboratories, Campbell Soup Company, Sells CB Richard Ellis Group Inc., ConocoPhillips, Covanta Holding Corp.
Tom Gayner, CIO of Markel Corp, knows how to invest insurance float. He just bought a number of large cap blue chips. Tom Gayner owns 76 stocks with a total value of $1.1 billion. These are the details of the buys and sells during Q2.
Tom Gayner buys Mcdonald's Corp., Abbott Laboratories, Campbell Soup Company, The Cocacola Company, The Procter & Gamble Company, Microsoft Corp., sells Cb Richard Ellis Group Inc., Conocophillips, Covanta Holding Corp., Cemex S.a.b. De C.v., First Industrial Realty Trust Inc., Nyse Euronext during the 3-months ended 06/30/2009, according to the most recent filings of his investment company, Markel Gayner Asset Management Corp.
New Purchases: ABT, CPB, KO, MCD, MSFT, PG,
Added Positions: LUK, WMT,
Sold Out: CBG, COP, CVA, CX, FR, NYX,
For the details of Tom Gayner's stock buys and sells, go to the Link Here
This is the sector weightings of Tom Gayner's portfolio:
These are the top 5 holdings of Tom Gayner
Added: Walmart Stores Inc. (WMT, Financial)
Tom Gayner added to his holdings in Walmart Stores Inc. by 4.43%. His purchase prices were between $47.35 and $50.79, with an estimated average price of $49.1. The impact to his portfolio due to this purchase was 0.16%. His holdings were 853,428 shares as of 06/30/2009.
Wal-Mart Stores Inc. is the world's largest retailer. They are engaged in the operation of mass merchandising stores which serve their customers primarily through the operation of three segments which are the Wal-Mart Stores segment the SAM'S Club segment and the International segment. Walmart Stores Inc. has a market cap of $200.13 billion; its shares were traded at around $51.36 with a P/E ratio of 14.8 and P/S ratio of 0.5. The dividend yield of Walmart Stores Inc. stocks is 2.1%. Walmart Stores Inc. had an annual average earning growth of 13.3% over the past 10 years. GuruFocus rated Walmart Stores Inc. the business predictability rank of 5-star.
Added: Leucadia National Corp. (LUK, Financial)
Tom Gayner added to his holdings in Leucadia National Corp. by 16.25%. His purchase prices were between $18.4 and $25.22, with an estimated average price of $21.2. The impact to his portfolio due to this purchase was 0.09%. His holdings were 323,400 shares as of 06/30/2009.
LEUCADIA NATL is a diversified financial services holding companyprincipally engaged in personal and commercial lines of property and casualty insurance life insurance banking and lending and manufacturing. The Company concentrates on return on investment and cash flow to build long-term shareholder value rather than emphasizing volume or market share. Additionally the Company continuously evaluates the retention and disposition of its existing operations and investigates possible acquisitions of new businesses in order to maximize shareholder value. Leucadia National Corp. has a market cap of $5.9 billion; its shares were traded at around $24.73 with and P/S ratio of 5.5.
New Purchase: Mcdonald's Corp. (MCD, Financial)
Tom Gayner initiated holdings in Mcdonald's Corp.. His purchase prices were between $51.97 and $59.87, with an estimated average price of $56.1. The impact to his portfolio due to this purchase was 0.13%. His holdings were 24,900 shares as of 06/30/2009.
McDonald's Corporation develops operates franchises and services a worldwide system of restaurants that prepare assemble package and sell a limited menu of value-priced foods. The company operates primarily in the quick-service hamburger restaurant business. All restaurants are operated by the company or under the terms of franchise arrangements by franchisees who are independent third parties or by affiliates operating under joint-venture agreements between the company and local business people. Mcdonald's Corp. has a market cap of $60.97 billion; its shares were traded at around $55.26 with a P/E ratio of 14.9 and P/S ratio of 2.6. The dividend yield of Mcdonald's Corp. stocks is 3.6%. Mcdonald's Corp. had an annual average earning growth of 7.2% over the past 10 years.
New Purchase: Abbott Laboratories (ABT, Financial)
Tom Gayner initiated holdings in Abbott Laboratories. His purchase prices were between $41.15 and $47.16, with an estimated average price of $44.2. The impact to his portfolio due to this purchase was 0.09%. His holdings were 21,700 shares as of 06/30/2009.
Abbott Laboratories is a global broad-based health care company devoted to discovering new medicines new technologies and new ways to manage health. Abbott products span the continuum of care from nutritional products and laboratory diagnostics through medical devices and pharmaceutical therapies. Abbott comprehensive line of products encircles life itself addressing important health needs from infancy to the golden years. Abbott Laboratories has a market cap of $68.51 billion; its shares were traded at around $44.33 with a P/E ratio of 12.8 and P/S ratio of 2.3. The dividend yield of Abbott Laboratories stocks is 3.6%. Abbott Laboratories had an annual average earning growth of 4.4% over the past 10 years. GuruFocus rated Abbott Laboratories the business predictability rank of 5-star.
New Purchase: Campbell Soup Company (CPB, Financial)
Tom Gayner initiated holdings in Campbell Soup Company. His purchase prices were between $24.66 and $29.28, with an estimated average price of $27.1. The impact to his portfolio due to this purchase was 0.09%. His holdings were 35,000 shares as of 06/30/2009.
Campbell Soup Company together with its consolidated subsidiaries is a global manufacturer and marketer of high quality branded convenience food products. The company operates in three business segments: Soup and Sauces Biscuits and Confectionery and Away From Home. Campbell Soup Company has a market cap of $10.52 billion; its shares were traded at around $30.03 with a P/E ratio of 13.9 and P/S ratio of 1.3. The dividend yield of Campbell Soup Company stocks is 3.3%. Campbell Soup Company had an annual average earning growth of 5.7% over the past 5 years.
New Purchase: The Cocacola Company (KO, Financial)
Tom Gayner initiated holdings in The Cocacola Company. His purchase prices were between $42.11 and $49.02, with an estimated average price of $46. The impact to his portfolio due to this purchase was 0.08%. His holdings were 19,000 shares as of 06/30/2009.
The Coca-Cola Company is the world's largest beverage company and is the leading producer and marketer of soft drinks. Along with Coca-Cola recognized as the world's best-known brand The Coca-Cola Company markets four of the world's top five soft drink brands including diet Coke Fanta and Sprite. Through the world's largest distribution system consumers in nearly 200 countries enjoy The Coca-Cola Company's products at a rate of more than 1 billion servings each day. The Cocacola Company has a market cap of $112.53 billion; its shares were traded at around $48.61 with a P/E ratio of 16 and P/S ratio of 3.5. The dividend yield of The Cocacola Company stocks is 3.4%. The Cocacola Company had an annual average earning growth of 5.3% over the past 10 years. GuruFocus rated The Cocacola Company the business predictability rank of 2-star.
New Purchase: The Procter & Gamble Company (PG, Financial)
Tom Gayner initiated holdings in The Procter & Gamble Company. His purchase prices were between $48.38 and $52.76, with an estimated average price of $50.8. The impact to his portfolio due to this purchase was 0.08%. His holdings were 17,200 shares as of 06/30/2009.
The Procter & Gamble Company manufactures and markets a broad range of consumer products in many countries throughout the world. Products fall into five business segments: fabric and home care paper beauty care health care and food and beverage. Today P&G markets more than 250 products to more than five billion consumers in 130 countries. The Procter & Gamble Company has a market cap of $152.88 billion; its shares were traded at around $52.45 with a P/E ratio of 14.6 and P/S ratio of 1.9. The dividend yield of The Procter & Gamble Company stocks is 3.4%. The Procter & Gamble Company had an annual average earning growth of 10.8% over the past 10 years. GuruFocus rated The Procter & Gamble Company the business predictability rank of 3-star.
New Purchase: Microsoft Corp. (MSFT, Financial)
Tom Gayner initiated holdings in Microsoft Corp.. His purchase prices were between $18.97 and $23.94, with an estimated average price of $20.9. The impact to his portfolio due to this purchase was 0.07%. His holdings were 32,690 shares as of 06/30/2009.
Microsoft develops manufactures licenses and supports a wide range of software products for a multitude of computing devices. Microsoft software includes scalable operating systems for servers personal computers and intelligent devices; server applications for client/server environments; knowledge worker productivity applications; and software development tools. The Company's online efforts include the MSN network of Internet products and services and alliances with companies involved with broadband access and various forms of digital interactivity. Microsoft Corp. has a market cap of $209.86 billion; its shares were traded at around $23.58 with a P/E ratio of 13.9 and P/S ratio of 3.5. The dividend yield of Microsoft Corp. stocks is 2.2%. Microsoft Corp. had an annual average earning growth of 10% over the past 10 years. GuruFocus rated Microsoft Corp. the business predictability rank of 4-star.
Sold Out: Nyse Euronext (NYX, Financial)
Tom Gayner sold out his holdings in Nyse Euronext. His sale prices were between $21.29 and $29.81, with an estimated average price of $25.9.
NYSE Group Inc. is a leading provider of securities listing trading and market data products and services. The NYSE is the world's largest and most liquid cash equities exchange. The NYSE provides a reliable orderly liquid and efficient marketplace where investors buy and sell listed companies' common stock and other securities. NYSE Arca the first open all-electronic stock exchange in the United States has a leading position in trading exchange-traded funds and exchange-listed securities. NYSE Arca is also an exchange for trading equity options. NYSE Arca's trading platforms provide customers with fast electronic execution and open direct and anonymous market access. NYSE Regulation an independent not-for-profit subsidiary regulates member organizations through the enforcement of marketplace rules and federal securities laws. Nyse Euronext has a market cap of $7.17 billion; its shares were traded at around $27.59 with a P/E ratio of 12.6 and P/S ratio of 1.5. The dividend yield of Nyse Euronext stocks is 4.3%.
Sold Out: Cb Richard Ellis Group Inc. (CBG, Financial)
Tom Gayner sold out his holdings in Cb Richard Ellis Group Inc.. His sale prices were between $5.31 and $9.81, with an estimated average price of $7.7.
CB Richard Ellis Group is a global commercial real estate services firm offering a full range of services to occupiers owners lenders and investors in office retail industrial multi-family and other commercial real estate assets. Cb Richard Ellis Group Inc. has a market cap of $2.97 billion; its shares were traded at around $11.19 with a P/E ratio of 17.3 and P/S ratio of 0.6. Cb Richard Ellis Group Inc. had an annual average earning growth of 14.6% over the past 5 years.
Sold Out: Conocophillips (COP, Financial)
Tom Gayner sold out his holdings in Conocophillips. His sale prices were between $39.35 and $45.95, with an estimated average price of $42.6.
ConocoPhillips is a major international integrated energy company with operations in some 49 countries. Conocophillips has a market cap of $63.1 billion; its shares were traded at around $42.59 with a P/E ratio of 6.9 and P/S ratio of 0.3. The dividend yield of Conocophillips stocks is 4.4%. Conocophillips had an annual average earning growth of 19% over the past 10 years.
Sold Out: First Industrial Realty Trust Inc. (FR, Financial)
Tom Gayner sold out his holdings in First Industrial Realty Trust Inc.. His sale prices were between $3.35 and $6.3, with an estimated average price of $4.6.
FIRST INDUSTRIAL REALTY TRUST is a self-administered and fully integrated industrial real estate company which owns mamages acquires and develops industrial real estste. First Industrial Realty Trust Inc. has a market cap of $249.8 million; its shares were traded at around $5.59 with a P/E ratio of 2.8 and P/S ratio of 0.5.
Sold Out: Cemex S.a.b. De C.v. (CX, Financial)
Tom Gayner sold out his holdings in Cemex S.a.b. De C.v.. His sale prices were between $7.42 and $11.34, with an estimated average price of $9.1.
CEMEX is one of the largest cement companies in the world with close to 78 million metric tons of production capacity. Through operating subsidiaries in four continents they are engaged in the production distribution marketing and sale of cement ready-mix concrete aggregates and clinker. They are also the world's leading producer of white cement and the world's largest trader of cement and clinker. Cemex S.a.b. De C.v. has a market cap of $9.45 billion; its shares were traded at around $11.52 with and P/S ratio of 0.4.
Sold Out: Covanta Holding Corp. (CVA)
Tom Gayner sold out his holdings in Covanta Holding Corp.. His sale prices were between $13.6 and $17.08, with an estimated average price of $15.6.
Danielson Holding Corporation is a holding company. Their largest subsidiary is National American Insurance Company of California (NAICC). NAICC and its subsidiaries write workers' compensation non-standard private passenger and commercial automobile insurance in the western United States primarily California. Covanta Holding Corp. has a market cap of $2.58 billion; its shares were traded at around $16.64 with a P/E ratio of 21.9 and P/S ratio of 1.5.
Tom Gayner, CIO of Markel Corp, knows how to invest insurance float. He just bought a number of large cap blue chips. Tom Gayner owns 76 stocks with a total value of $1.1 billion. These are the details of the buys and sells during Q2.
Tom Gayner buys Mcdonald's Corp., Abbott Laboratories, Campbell Soup Company, The Cocacola Company, The Procter & Gamble Company, Microsoft Corp., sells Cb Richard Ellis Group Inc., Conocophillips, Covanta Holding Corp., Cemex S.a.b. De C.v., First Industrial Realty Trust Inc., Nyse Euronext during the 3-months ended 06/30/2009, according to the most recent filings of his investment company, Markel Gayner Asset Management Corp.
New Purchases: ABT, CPB, KO, MCD, MSFT, PG,
Added Positions: LUK, WMT,
Sold Out: CBG, COP, CVA, CX, FR, NYX,
For the details of Tom Gayner's stock buys and sells, go to the Link Here
This is the sector weightings of Tom Gayner's portfolio:
| Technology |  1% |
|---|---|
| Financials | 45.3% |
| Consumer Services | 24% |
| Health Care | 2.9% |
| Consumer Goods | 9.3% |
| Industrials | 13.3% |
| Basic Materials | 0.1% |
| Oil & Gas | 4.2% |
These are the top 5 holdings of Tom Gayner
- Berkshire Hathaway Inc. (BRK-B) - 31,433 shares, 8.22% of the total portfolio
- Berkshire Hathaway Inc. (BRK-A) - 898 shares, 7.3% of the total portfolio
- CarMax Inc. (KMX) - 5,335,906 shares, 7.08% of the total portfolio
- DIAGEO Plc (DEO) - 1,258,058 shares, 6.5% of the total portfolio
- Fairfax Financial Holdings Ltd. (FFH) - 279,459 shares, 6.3% of the total portfolio
Added: Walmart Stores Inc. (WMT, Financial)
Tom Gayner added to his holdings in Walmart Stores Inc. by 4.43%. His purchase prices were between $47.35 and $50.79, with an estimated average price of $49.1. The impact to his portfolio due to this purchase was 0.16%. His holdings were 853,428 shares as of 06/30/2009.
Wal-Mart Stores Inc. is the world's largest retailer. They are engaged in the operation of mass merchandising stores which serve their customers primarily through the operation of three segments which are the Wal-Mart Stores segment the SAM'S Club segment and the International segment. Walmart Stores Inc. has a market cap of $200.13 billion; its shares were traded at around $51.36 with a P/E ratio of 14.8 and P/S ratio of 0.5. The dividend yield of Walmart Stores Inc. stocks is 2.1%. Walmart Stores Inc. had an annual average earning growth of 13.3% over the past 10 years. GuruFocus rated Walmart Stores Inc. the business predictability rank of 5-star.
Added: Leucadia National Corp. (LUK, Financial)
Tom Gayner added to his holdings in Leucadia National Corp. by 16.25%. His purchase prices were between $18.4 and $25.22, with an estimated average price of $21.2. The impact to his portfolio due to this purchase was 0.09%. His holdings were 323,400 shares as of 06/30/2009.
LEUCADIA NATL is a diversified financial services holding companyprincipally engaged in personal and commercial lines of property and casualty insurance life insurance banking and lending and manufacturing. The Company concentrates on return on investment and cash flow to build long-term shareholder value rather than emphasizing volume or market share. Additionally the Company continuously evaluates the retention and disposition of its existing operations and investigates possible acquisitions of new businesses in order to maximize shareholder value. Leucadia National Corp. has a market cap of $5.9 billion; its shares were traded at around $24.73 with and P/S ratio of 5.5.
New Purchase: Mcdonald's Corp. (MCD, Financial)
Tom Gayner initiated holdings in Mcdonald's Corp.. His purchase prices were between $51.97 and $59.87, with an estimated average price of $56.1. The impact to his portfolio due to this purchase was 0.13%. His holdings were 24,900 shares as of 06/30/2009.
McDonald's Corporation develops operates franchises and services a worldwide system of restaurants that prepare assemble package and sell a limited menu of value-priced foods. The company operates primarily in the quick-service hamburger restaurant business. All restaurants are operated by the company or under the terms of franchise arrangements by franchisees who are independent third parties or by affiliates operating under joint-venture agreements between the company and local business people. Mcdonald's Corp. has a market cap of $60.97 billion; its shares were traded at around $55.26 with a P/E ratio of 14.9 and P/S ratio of 2.6. The dividend yield of Mcdonald's Corp. stocks is 3.6%. Mcdonald's Corp. had an annual average earning growth of 7.2% over the past 10 years.
New Purchase: Abbott Laboratories (ABT, Financial)
Tom Gayner initiated holdings in Abbott Laboratories. His purchase prices were between $41.15 and $47.16, with an estimated average price of $44.2. The impact to his portfolio due to this purchase was 0.09%. His holdings were 21,700 shares as of 06/30/2009.
Abbott Laboratories is a global broad-based health care company devoted to discovering new medicines new technologies and new ways to manage health. Abbott products span the continuum of care from nutritional products and laboratory diagnostics through medical devices and pharmaceutical therapies. Abbott comprehensive line of products encircles life itself addressing important health needs from infancy to the golden years. Abbott Laboratories has a market cap of $68.51 billion; its shares were traded at around $44.33 with a P/E ratio of 12.8 and P/S ratio of 2.3. The dividend yield of Abbott Laboratories stocks is 3.6%. Abbott Laboratories had an annual average earning growth of 4.4% over the past 10 years. GuruFocus rated Abbott Laboratories the business predictability rank of 5-star.
New Purchase: Campbell Soup Company (CPB, Financial)
Tom Gayner initiated holdings in Campbell Soup Company. His purchase prices were between $24.66 and $29.28, with an estimated average price of $27.1. The impact to his portfolio due to this purchase was 0.09%. His holdings were 35,000 shares as of 06/30/2009.
Campbell Soup Company together with its consolidated subsidiaries is a global manufacturer and marketer of high quality branded convenience food products. The company operates in three business segments: Soup and Sauces Biscuits and Confectionery and Away From Home. Campbell Soup Company has a market cap of $10.52 billion; its shares were traded at around $30.03 with a P/E ratio of 13.9 and P/S ratio of 1.3. The dividend yield of Campbell Soup Company stocks is 3.3%. Campbell Soup Company had an annual average earning growth of 5.7% over the past 5 years.
New Purchase: The Cocacola Company (KO, Financial)
Tom Gayner initiated holdings in The Cocacola Company. His purchase prices were between $42.11 and $49.02, with an estimated average price of $46. The impact to his portfolio due to this purchase was 0.08%. His holdings were 19,000 shares as of 06/30/2009.
The Coca-Cola Company is the world's largest beverage company and is the leading producer and marketer of soft drinks. Along with Coca-Cola recognized as the world's best-known brand The Coca-Cola Company markets four of the world's top five soft drink brands including diet Coke Fanta and Sprite. Through the world's largest distribution system consumers in nearly 200 countries enjoy The Coca-Cola Company's products at a rate of more than 1 billion servings each day. The Cocacola Company has a market cap of $112.53 billion; its shares were traded at around $48.61 with a P/E ratio of 16 and P/S ratio of 3.5. The dividend yield of The Cocacola Company stocks is 3.4%. The Cocacola Company had an annual average earning growth of 5.3% over the past 10 years. GuruFocus rated The Cocacola Company the business predictability rank of 2-star.
New Purchase: The Procter & Gamble Company (PG, Financial)
Tom Gayner initiated holdings in The Procter & Gamble Company. His purchase prices were between $48.38 and $52.76, with an estimated average price of $50.8. The impact to his portfolio due to this purchase was 0.08%. His holdings were 17,200 shares as of 06/30/2009.
The Procter & Gamble Company manufactures and markets a broad range of consumer products in many countries throughout the world. Products fall into five business segments: fabric and home care paper beauty care health care and food and beverage. Today P&G markets more than 250 products to more than five billion consumers in 130 countries. The Procter & Gamble Company has a market cap of $152.88 billion; its shares were traded at around $52.45 with a P/E ratio of 14.6 and P/S ratio of 1.9. The dividend yield of The Procter & Gamble Company stocks is 3.4%. The Procter & Gamble Company had an annual average earning growth of 10.8% over the past 10 years. GuruFocus rated The Procter & Gamble Company the business predictability rank of 3-star.
New Purchase: Microsoft Corp. (MSFT, Financial)
Tom Gayner initiated holdings in Microsoft Corp.. His purchase prices were between $18.97 and $23.94, with an estimated average price of $20.9. The impact to his portfolio due to this purchase was 0.07%. His holdings were 32,690 shares as of 06/30/2009.
Microsoft develops manufactures licenses and supports a wide range of software products for a multitude of computing devices. Microsoft software includes scalable operating systems for servers personal computers and intelligent devices; server applications for client/server environments; knowledge worker productivity applications; and software development tools. The Company's online efforts include the MSN network of Internet products and services and alliances with companies involved with broadband access and various forms of digital interactivity. Microsoft Corp. has a market cap of $209.86 billion; its shares were traded at around $23.58 with a P/E ratio of 13.9 and P/S ratio of 3.5. The dividend yield of Microsoft Corp. stocks is 2.2%. Microsoft Corp. had an annual average earning growth of 10% over the past 10 years. GuruFocus rated Microsoft Corp. the business predictability rank of 4-star.
Sold Out: Nyse Euronext (NYX, Financial)
Tom Gayner sold out his holdings in Nyse Euronext. His sale prices were between $21.29 and $29.81, with an estimated average price of $25.9.
NYSE Group Inc. is a leading provider of securities listing trading and market data products and services. The NYSE is the world's largest and most liquid cash equities exchange. The NYSE provides a reliable orderly liquid and efficient marketplace where investors buy and sell listed companies' common stock and other securities. NYSE Arca the first open all-electronic stock exchange in the United States has a leading position in trading exchange-traded funds and exchange-listed securities. NYSE Arca is also an exchange for trading equity options. NYSE Arca's trading platforms provide customers with fast electronic execution and open direct and anonymous market access. NYSE Regulation an independent not-for-profit subsidiary regulates member organizations through the enforcement of marketplace rules and federal securities laws. Nyse Euronext has a market cap of $7.17 billion; its shares were traded at around $27.59 with a P/E ratio of 12.6 and P/S ratio of 1.5. The dividend yield of Nyse Euronext stocks is 4.3%.
Sold Out: Cb Richard Ellis Group Inc. (CBG, Financial)
Tom Gayner sold out his holdings in Cb Richard Ellis Group Inc.. His sale prices were between $5.31 and $9.81, with an estimated average price of $7.7.
CB Richard Ellis Group is a global commercial real estate services firm offering a full range of services to occupiers owners lenders and investors in office retail industrial multi-family and other commercial real estate assets. Cb Richard Ellis Group Inc. has a market cap of $2.97 billion; its shares were traded at around $11.19 with a P/E ratio of 17.3 and P/S ratio of 0.6. Cb Richard Ellis Group Inc. had an annual average earning growth of 14.6% over the past 5 years.
Sold Out: Conocophillips (COP, Financial)
Tom Gayner sold out his holdings in Conocophillips. His sale prices were between $39.35 and $45.95, with an estimated average price of $42.6.
ConocoPhillips is a major international integrated energy company with operations in some 49 countries. Conocophillips has a market cap of $63.1 billion; its shares were traded at around $42.59 with a P/E ratio of 6.9 and P/S ratio of 0.3. The dividend yield of Conocophillips stocks is 4.4%. Conocophillips had an annual average earning growth of 19% over the past 10 years.
Sold Out: First Industrial Realty Trust Inc. (FR, Financial)
Tom Gayner sold out his holdings in First Industrial Realty Trust Inc.. His sale prices were between $3.35 and $6.3, with an estimated average price of $4.6.
FIRST INDUSTRIAL REALTY TRUST is a self-administered and fully integrated industrial real estate company which owns mamages acquires and develops industrial real estste. First Industrial Realty Trust Inc. has a market cap of $249.8 million; its shares were traded at around $5.59 with a P/E ratio of 2.8 and P/S ratio of 0.5.
Sold Out: Cemex S.a.b. De C.v. (CX, Financial)
Tom Gayner sold out his holdings in Cemex S.a.b. De C.v.. His sale prices were between $7.42 and $11.34, with an estimated average price of $9.1.
CEMEX is one of the largest cement companies in the world with close to 78 million metric tons of production capacity. Through operating subsidiaries in four continents they are engaged in the production distribution marketing and sale of cement ready-mix concrete aggregates and clinker. They are also the world's leading producer of white cement and the world's largest trader of cement and clinker. Cemex S.a.b. De C.v. has a market cap of $9.45 billion; its shares were traded at around $11.52 with and P/S ratio of 0.4.
Sold Out: Covanta Holding Corp. (CVA)
Tom Gayner sold out his holdings in Covanta Holding Corp.. His sale prices were between $13.6 and $17.08, with an estimated average price of $15.6.
Danielson Holding Corporation is a holding company. Their largest subsidiary is National American Insurance Company of California (NAICC). NAICC and its subsidiaries write workers' compensation non-standard private passenger and commercial automobile insurance in the western United States primarily California. Covanta Holding Corp. has a market cap of $2.58 billion; its shares were traded at around $16.64 with a P/E ratio of 21.9 and P/S ratio of 1.5.
