Weekly CEO Buys Highlight: BFS, CLW, CIM, EXL, PVTB

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Nov 13, 2010
Last week’s top five stocks that were bought by their CEOs were Saul Centers Inc, CLEARWATER PAPER CP, CHIMERA INVESTMENT CORP COMMON STOCK, EXCEL TRUST INC, and PrivateBancorp Inc. According to GuruFocus Insider Data, these are the largest CEO buys during the past week.


Saul Centers Inc. (BFS, Financial): CEO, 10% Owner B Francis Saul Ii Bought 23,500 Shares


CEO, 10% Owner of Saul Centers Inc. (BFS) B Francis Saul Ii bought 23,500 shares on 11/11/2010 at an average price of $43.05. SAUL CENTERS, INC. is a real estate investment trust which is engaged in the management and development of the shopping center business of the Saul Organization. Saul Centers Inc. has a market cap of $789.9 million; its shares were traded at around $43.05 with and P/S ratio of 4.9. The dividend yield of Saul Centers Inc. stocks is 3.3%. Saul Centers Inc. had an annual average earning growth of 0.7% over the past 10 years.


BFS recently reported its third quarter results. Total revenue for the three months ended September 30, 2010 decreased 1.7% to $39,551,000 compared to $40,235,000 for the three months ended September 30, 2009.


Sell: Sr. Vice President-CFO Scott V Schneider sold 5,000 shares of BFS stock on 09/14/2010 at the average price of 44.05. Scott V Schneider owns at least 10,152 shares after this. The price of the stock has decreased by 2.27% since.


CLEARWATER PAPER CP (CLW, Financial): Chairman, President & CEO Gordon L Jones Bought 2,500 Shares


Chairman, President & CEO of CLEARWATER PAPER CP (CLW) Gordon L Jones bought 2,500 shares on 11/09/2010 at an average price of $82. Clearwater Paper,a standalone company,produces pulp and paperboard at six facilities across the country namely Lewiston, Idaho; Las Vegas, Nev. Clearwater Paper Cp has a market cap of $941.3 million; its shares were traded at around $82 with a P/E ratio of 16.1 and P/S ratio of 0.8.


CLW recently reported financial results for the third quarter ended September 30, 2010. Third quarter net sales increased 6.5% to $352.9 million from $331.5 million in the third quarter of 2009. Net earnings for the third quarter of 2010 were $15.0 million, or $1.27 per diluted share compared to net earnings of $46.2 million, or $3.92 per diluted share, for the third quarter of 2009.


John Keeley owns 475,840 shares as of 06/30/2010, which accounts for 0.47% of the $5.56 billion portfolio of Keeley Fund Management.


CHIMERA INVESTMENT CORP COMMON STOCK (CIM, Financial): CEO, President and Director Matthew Lambiase Bought 50,000 Shares


CEO, President and Director of CHIMERA INVESTMENT CORP COMMON STOCK (CIM) Matthew Lambiase bought 50,000 shares on 11/10/2010 at an average price of $4.05. Chimera Investment Corporation are a newly-formed specialty finance company that will invest in residential mortgage loans, residential mortgage-backed securities, real estate-related securities and various other asset classes and intends to elect and qualify to be taxed as a real estate investment trust, or REIT, for federal income tax purposes. Chimera Investment Corp Common Stock has a market cap of $3.58 billion; its shares were traded at around $4.05 with a P/E ratio of 6.3 and P/S ratio of 12. The dividend yield of Chimera Investment Corp Common Stock stocks is 17.8%.


CIM recently declared the third quarter 2010 common stock cash dividend of $0.18 per common share. This dividend is payable October 28, 2010 to common shareholders of record on October 4, 2010. The ex-dividend date is September 30, 2010.


Buy: Director Paul Donlin bought 100,000 shares of CIM stock on 11/03/2010 at the average price of 3.85. Paul Donlin owns at least 379,015 shares after this. The price of the stock has increased by 5.19% since.


EXCEL TRUST INC. (EXL, Financial): Chairman of the Board / CEO Gary B Sabin Bought 5,000 Shares


Chairman of the Board / CEO of EXCEL TRUST INC. (EXL) Gary B Sabin bought 5,000 shares on 11/12/2010 at an average price of $12.08. Excel Trust, Inc. is a vertically integrated, self-administered, self-managed real estate investment trust (REIT) which owns and operates a real estate portfolio of neighborhood and community shopping centers. Excel Trust Inc. has a market cap of $189.2 million; its shares were traded at around $12.08 with and P/S ratio of 37.9. The dividend yield of Excel Trust Inc. stocks is 2.5%.


EXL recently reported its third quarter results. The Board of Directors declared a fourth quarter cash dividend of $0.12 per share, compared to a cash dividend of $0.08 per share for the previous quarter, to be paid on January 17, 2011 to stockholders of record as of December 31, 2010.


PrivateBancorp Inc. (PVTB, Financial): President and CEO Larry D. Richman Bought 5,000 Shares


President and CEO of PrivateBancorp Inc. (PVTB) Larry D. Richman bought 5,000 shares on 11/11/2010 at an average price of $12.44. PRIVATEBANCORP is a bank holding company for The PrivateBank and Trust Company. Privatebancorp Inc. has a market cap of $888.1 million; its shares were traded at around $12.44 with and P/S ratio of 1.5. The dividend yield of Privatebancorp Inc. stocks is 0.3%.


PVTB recently reported net income of $4.5 million, or $0.06 per diluted share, for the third quarter 2010, compared to a net loss of $31.2 million, or $0.68 per diluted share, for the third quarter 2009. For the nine months ended September 30, 2010, the Company had a net loss of $20.6 million, or $0.29 per diluted share, compared to a net loss of $23.9 million, or $0.62 per diluted share, for the nine months ended September 30, 2009.


John Rogers owns 5,150,730 shares as of 06/30/2010, which accounts for 1.29% of the $4.43 billion portfolio of ARIEL CAPITAL MANAGEMENT LLC. NWQ Managers owns 3,171,167 shares as of 06/30/2010, which accounts for 0.22% of the $15.72 billion portfolio of NWQ Investment Management Co. Mario Gabelli sold out his holdings in the quarter that ended on 06/30/2010.


Buy: Director James Bruce Nicholson bought 5,000 shares of PVTB stock on 11/12/2010 at the average price of 12.32. James Bruce Nicholson owns at least 25,993 shares after this. The price of the stock has increased by 0.97% since.