Weekly Top Insider Buys: Stericycle Inc., PartnerRe Ltd., Regions Financial Corp., Fidelity National Financial Inc., and Flower Foods Inc.

Weekly Top Insider Buys

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Aug 29, 2009
Weekly highlight of top insider buys: Stericycle Inc. (SRCL, Financial), PartnerRe Ltd. (PRE, Financial), Regions Financial Corp. (RF, Financial), Fidelity National Financial Inc. (FNF, Financial), and Flowers Foods Inc. (FLO, Financial). For the complete list of stocks that bought by their company executives, go to: Insider Buys.

Stericycle Inc. (SRCL): Director Rodney F Dammeyer Bought 2,500 Shares

Director of Stericycle Inc., Rodney F Dammeyer, bought 2,500 shares on 8/20/2009 at an average price of $49.83.

Stericycle Inc. is a multi-regional integrated company employing proprietary technology to provide environmentally-responsible management of regulated medical waste for the health care industry. Stericycle Inc. has a market cap of $4.23 billion; its shares were traded at around $49.83 with a P/E ratio of 26.4 and P/S ratio of 3.9. Stericycle Inc. had an annual average earning growth of 41.8% over the past 10 years. GuruFocus rated Stericycle Inc. the business predictability rank of 2.5-star.

On Jul. 28, Stericycle, Inc. reported financial results for the second quarter of 2009. Revenues for the quarter ending June 30, 2009 were $289.3 million, up 4.1% from $277.8 million in the same quarter last year. Net income was $43.9 million or $0.51 per diluted share compared with net income of $38.7 million or $0.44 per diluted share for the second quarter of 2008.

Stericycle Inc. is in the portfolios of Ron Baron of Baron Funds and Ruane Cunniff of Ruane & Cunniff & Goldfarb Inc.

Sell: CFO Brink Frank Jm Ten sold 32,700 shares of SRCL stock total June through July; the price of the stock has decreased by 3.13% since his last sell. Buy: Director Rodney F Dammeyer bought 5,000 shares this month, Sell: COO Richard T Kogler sold 11,000 shares in July, and Sell: Director Jack W Schuler sold 314,971 shares in March.

PartnerRe Ltd. (PRE): Director David K Zwiener Bought 2,800 Shares

Director of PartnerRe Ltd., David K Zwiener, bought 2,800 shares on 8/21/2009 at an average price of $73.99.

PartnerRe Ltd. is a leading global reinsurer, providing multi-line reinsurance to insurance companies. Risks that are reinsured include property, casualty, motor, agriculture, aviation/space catastrophe, credit/surety, and more. PartnerRe Ltd. has a market cap of $4.19 billion; its shares were traded at around $73.99 with a P/E ratio of 8.2 and P/S ratio of 1. The dividend yield of Partnerre Ltd. stocks is 2.5%.

On July 27, PartnerRe Ltd. reported net income of $474.3 million, or $8.10per share on a fully diluted basis for the second quarter of 2009. Net loss for the second quarter of 2008 was $26.0 million, or $0.64 per share, including net after-tax realized and unrealized losses on investments of $219.1 million, or $4.04 per share.

PartnerRe Ltd. is in the portfolios of John Griffin of Blue Ridge Capital and John Keeley of Keeley Fund Management. Richard Perry sold out his holdings in the quarter that ended on 6/30/09.Â

Last month, Buy: Director David K Zwiener bought 2,800 shares of PRE stock and the price of the stock increased by 2.86%. Sell: Chairman, PartnerRe Global Bruno Meyenhofer sold shares in July, and Sell: Director Kevin M Twomey and Sell: Director John A Rollwagen sold shares in June.

Regions Financial Corp. (RF): Director David J Cooper Bought 10,000 Shares

Director of Regions Financial Corp., David J Cooper, bought 10,000 shares on 8/25/2009 at an average price of $5.97.

Regions Financial Corporation is a regional bank holding company and has banking-related subsidiaries engaged in mortgage banking, credit, life insurance, leasing and securities brokerage activities with offices in various Southeastern states. Regions Financial Corp. has a market cap of $4.15 billion; its shares were traded at around $5.97 with and P/S ratio of 0.4. The dividend yield of Regions Financial Corp. stocks is 0.7%. Regions Financial Corp. had an annual average earning growth of 1.2% over the past 10 years.

On Jul 21, Regions Financial Corporation reported results for the second quarter of 2009. Net interest income rose by 3 percent as net interest margin stabilized at 2.62 percent. Non-interest revenues increased 12 percent versus the prior quarter

Regions Financial Corp. is owned by seven Gurus:Ă‚ Michael Price, John Paulson, Arnold Schneider, David Tepper, Jean-Marie Eveillard,Ă‚ HOTCHKIS & WILEY, and Charles Brandes.

This month, Buy: Director David J Cooper bought 10,000 shares of RF. Buy: Executive Council William C Ii Wells bought shares in July, as did Buy: Executive Council Grayson Hall and Buy: Executive Council William C Ii Wells .

Fidelity National Financial Inc. (FNF): Director Richard N Massey Bought 50,000 Shares

Director of Fidelity National Financial Inc., Richard N Massey, bought 50,000 shares on 8/27/2009 at an average price of $15.08.

Fidelity National Title Group Inc. is a leading provider of title insurance, specialty insurance, and claims management services. Fidelity National Financial Inc. has a market cap of $3.54 billion; its shares were traded at around $15.08 with a P/E ratio of 43.1 and P/S ratio of 0.8. The dividend yield of Fidelity National Financial Inc. stocks is 4%.

Fidelity National Financial, Inc. will release 3rd quarter 2006 earnings after the close of regular market trading on Wednesday, October 25, 2006.

Fidelity National Financial Inc. is in the portfolios of Richard Pzena of Pzena Investment Management LLC, John Keeley of Keeley Fund Management, Tom Gayner of Markel Gayner Asset Management Corp., and Arnold Schneider of Schneider Capital Management.

Last week, Buy: Director Richard N Massey bought 50,000 shares of FNF stock. The same week,Sell: Director William P Ii Foley sold 259,600 shares; Sell: Executive Vice President Roger S Jewkes and Sell: EVP, Eastern Operations Christopher Abbinante sold shares in March.

Flowers Foods Inc. (FLO): Chairman Emeritus Amos R McMullian Bought 5,000 Shares

Chairman Emeritus of Flowers Foods Inc., Amos R McMullian, bought 5,000 shares on 8/24/2009 at an average price of $24.

Flowers Foods Inc. is one of the largest producers and marketers of a full line of frozen and non-frozen bakery and dessert products in the United States. The company consists of Flowers Bakeries and Mrs. Smith's Bakeries. Flowers Foods Inc. has a market cap of $2.21 billion; its shares were traded at around $24 with a P/E ratio of 17.9 and P/S ratio of 0.9. The dividend yield of Flowers Foods Inc. stocks is 3%. Flowers Foods Inc. had an annual average earning growth of 15.5% over the past 5 years.

On August 19, 2009, Flower Foods Inc. reported results for the second quarter of 2009. Sales increased 13.6% to $614.4 million over the $540.7 million reported for last year's second quarter. Net income attributable to Flowers Foods was $30.3 million, or $.33 per diluted share, an increase of 26.7% over the $23.9 million, or $.26 per diluted share, reported for the 2008 second quarter.

Flowers Foods Inc. is owned by one Guru. John Keeley owns 2,988,965 shares as of 6/30/2009, which accounts for 1.12% of the $5.82 billion portfolio of Keeley Fund Management.

Buy: Chairman-Bd, CEO, President George E Deese bought 17,000 shares through March and June; the price has increased by more than 13% since his last buy.

Buy: Director Jackie M Ward and Buy: Chairman Emeritus Amos R Mcmullian bought shares last week; Buy: Director Joe E Beverly bought shares in June, and Buy: Director Franklin L Burke and Buy: Director Joe E Beverly bought shares in April and March respectively.