Weekly Top Insider Buys: Fifth Third Bancorp, Dr. Pepper Snapple GP, CONSOL Energy Corp., Legg Mason Inc., and CF Industries Holdings

Weekly Top Insider Buys: FITB, DPS, FNX, LM, CF

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Jun 13, 2010
Weekly highlight of top insider buys: Fifth Third Bancorp (FITB, Financial), Dr. Pepper Snapple GP (DPS, Financial), CONSOL Energy Corp. (FNX, Financial), Legg Mason Inc. (LM, Financial), and CF Industries Holdings (CF, Financial).



Director of Fifth Third Bancorp, John J Jr Schiff, bought 11,000 shares on 6/04/10 at an average price of $13.36.

Fifth Third Bancorp is a registered financial holding company and a multi-bank holding company. Fifth Third Bancorp has a market cap of $10.62 billion; its shares were traded at around $13.36 with and P/S ratio of 1.1. The dividend yield of Fifth Third Bancorp stocks is 0.3%.



On April 22, Fifth Third Bancorp reported a first quarter 2010 net loss of $10 million compared with a net loss of $98 million in the fourth quarter of 2009 and net income of $50 million in the first quarter of 2009. After preferred dividends, the first quarter 2010 net loss available to common shareholders was $72 million or $0.09 per diluted share, compared with a fourth quarter net loss of $160 million or $0.20 per diluted share, and a net loss of $26 million or $0.04 per diluted share in the first quarter of 2009.



Fifth Third Bancorp is in the portfolio of eight Gurus: David Dreman, Ruane Cunniff, Richard Snow, James Barros, Richard Pzena, Charles Brandes, David Tepper, and Hotchkis & Wiley.



This month, Buy:: Director John J Jr Schiff and Buy:: Director Jewell D Hoover bought shares of FITB stock. Buy:: Director Emerson L Brumback bought 13,888 shares in April, and Sell:: Executive Vice President Terry E Zink sold 4,569 shares in February.



Dr. Pepper Snapple GP (DPS): Director John L Adams Bought 10,000 Shares

Director of Dr. Pepper Snapple GP, John L Adams, bought 10,000 shares on 6/08/10 at an average price of $37.29.

Dr. Pepper Snapple GP is one of the largest beverage companies in the Americas. Dr Pepper Snapple GP has a market cap of $9.16 billion; its shares were traded at around $37.29 with a P/E ratio of 18.6 and P/S ratio of 1.6. The dividend yield of Dr Pepper Snapple Gp stocks is 1.7%.



Dr. Pepper Snapple GP recently reported results for the first quarter of 2010. Earnings were $89

million, or 35 cents a share in the first three months of the year, down from $132 million, or 52 cents a share, a year earlier. Excluding a charge for separation-related foreign deferred tax, the company earned 40 cents a share. Net revenue edged down to $1.25 billion from $1.26 billion last year. Total sales volume fell 3 percent, which the company said that was due to a drop in contract manufacturing, comparisons to last year's Crush launch and third-party bottler concentrate buy-ins late last year.

Dr. Pepper Snapple GP is owned by four Gurus: Steve Mandel, Robert Olstein, John Keeley, and George Soros.



This month, Buy:: Director John L Adams and Buy:: Executive Vice President James R. Trebilcock bought shares of DPS stock. Buy:: Executive Vice President & CFO Martin M Ellen bought 10,000 shares in May. Buy:: Director M Anne Szostak and Buy:: Director Wayne R Sanders bought shares in March and February respectively; Sell:: Senior VIce President Tina Barry sold 8,398 shares in March.



CONSOL Energy Inc. (CNX): Director James E Altmeyer Bought 3,000 Shares

Director of CONSOL Energy Inc. (CNX) James E Altmeyer bought 3,000 shares on 06/04/2010 at an average price of $38.88.

CONSOL Energy Inc. is the largest producer of high-Btu bituminous coal in the United States, and the largest exporter of U. Consol Energy Inc. has a market cap of $8.78 billion; its shares were traded at around $38.88 with a P/E ratio of 14.3 and P/S ratio of 1.9. The dividend yield of Consol Energy Inc. stocks is 1%. Consol Energy Inc. had an annual average earning growth of 30.3% over the past 10 years. GuruFocus rated Consol Energy Inc. the business predictability rank of 3-star.



On April 29, CONSOL Energy Inc. reported net income of $100 million, or $0.54 per diluted share for the quarter ended March 31, 2010. During the quarter, CONSOL Energy incurred fees associated with the Dominion gas acquisition of $47 million. Additionally, certain non-cash charges were accrued for a Fola Mine reclamation project ($25 million) and certain legal items ($22 million). After adjusting for all of these items, CONSOL Energy reported adjusted net income of $154 million, or $0.85 per share.(1)



CONSOL Energy Inc. is in the portfolios of seven Gurus: Richard Perry, T Boone Pickens, Goerge Soros, Arnold Schneider, David Williams, John Keeley, and Ronald Muhlenkamp.



This month, Buy:: Director James E Altmeyer bought 3,000 shares of CNX stock.



Legg Mason Inc. (LM): Director Nelson Peltz Bought 1,000,000 Shares

Director of Legg Mason Inc. (LM) Nelson Peltz bought 1,000,000 shares on 06/04/2010 at an average price of $32.37.

Legg Mason, Inc. is a holding company which, through its subsidiaries, is principally engaged in providing asset management, securities brokerage, investment banking and related financial services to individuals, institutions, corporations and municipalities. Legg Mason Inc. has a market cap of $5.29 billion; its shares were traded at around $32.37 with a P/E ratio of 24.6 and P/S ratio of 2.1. The dividend yield of Legg Mason Inc. stocks is 0.4%. Legg Mason Inc. had an annual average earning growth of 3.4% over the past 10 years.



On May 10, Legg Mason Inc. reported result sfor the first quarter of 2010. Results included net income of $63.6 million or $0.39 per diluted share, as compared with $44.9 million, or $0.28 per diluted share, in the previous quarter. Cash income, as adjusted, for the fourth quarter was $111.3 million, or $0.69 per diluted share, as compared to $93.2 million, or $0.57 per diluted share, in the third quarter of fiscal 2010. For the fourth quarter, revenues were $671.4 million, down 3% from $690.5 million in the prior quarter. Operating expenses of $565.6 million were down 7% from $611.3 million in the third quarter for fiscal year 2010.

Legg Mason Inc. is in the portfolios of four Gurus: Robert Olstein, Dodge & Cox, Brian Rogers, and John Keeley.



Last month, Buy:: Director Nelson Peltz bought 1,000,000 shares of LM stock. Buy:: Director John E Koerner III bought 1,120 shares in May.



CF Industries Holdings Inc. (CF): Director Stephen A Furbacher Bought 1,646 Shares

Director of CF Industries Holdings Inc., Stephen A Furbacher, bought 1,646 shares on 06/09/2010 at an average price of $65.35.

CF Industries Holdings, Inc. is the holding company for the operations of CF Industries, Inc. Cf Industries Holdings Inc. has a market cap of $4.64 billion; its shares were traded at around $65.35 with a P/E ratio of 8.1 and P/S ratio of 1.7. The dividend yield of Cf Industries Holdings Inc. stocks is 0.6%. Cf Industries Holdings Inc. had an annual average earning growth of 85.7% over the past 5 years.



On May 7, CF Industries Holdings, Inc. reported a first quarter 2010 net loss attributable to common stockholders of $4.4 million, or $0.09 per diluted share. This compares to earnings of $62.7 million, or $1.28 per diluted share, in the first quarter of 2009. First quarter results included $136.1 million in business combination costs, $123.0 million of which was the termination fee that CF Industries paid to Yara International ASA on behalf of Terra Industries Inc.



CF Industries Holdings Inc. is in the portfolio of David Dreman.



This month, Buy:: Director Stephen A Furbacher bought 1,646 shares of CF stock. In May, Buy:: VP and Corporate Controller Richard A Hoker, Buy:: Director Robert C Arzbaecher, Buy:: VP, Manufacturing & Dist. W Anthony Will, and Buy:: VP, Corporate Development Lynn F White bought shares./

For the complete list of stocks that bought by their company executives, go to: Insider Buys.