Like many other value investors, David Williams had a bad year in 2008. Will 2009 be better? David Williams owns 132 stocks with a total value of $5.5 billion. These are the details of the buys and sells during the fourth quarter of 2008.
David Williams buys General Maritime Corp., sells Arlington Tankers Ltd., American International Group Inc., DISH NETWORK CORPORATION CLASS A COMMON, Leggett & Platt Inc., Primus Guaranty Ltd. during the 3-months ended 12/31/2008, according to the most recent filings of his investment company, Columbia Value and Restructuring Fund. David Williams owns 132 stocks with a total value of $5.5 billion. These are the details of the buys and sells.
New Purchases: GMR,
Added Positions: CE, COP, ETN, TYC,
Reduced Positions:ROK, URI,
Sold Out: AIG, ATB, DISH, LEG, PRS,
For the details of David Williams's stock buys and sells, go to the Link Here
Added: Eaton Corp. (ETN, Financial)
David Williams added to his holdings in Eaton Corp. by 13.51%. His purchase prices were between $41.15 and $47.46, with an estimated average price of $44.2. The impact to his portfolio due to this purchase was 0.22%. His holdings were 2,100,000 shares as of 12/31/2008.
Eaton Corporation is a global diversified industrial manufacturer. Eaton is one of the leaders in fluid power systems electrical power quality and controls automotive air management and fuel economy and intelligent truck components for fuel economy and safety. Eaton Corp. has a market cap of $8.27 billion; its shares were traded at around $45.87 with a P/E ratio of 6.2 and P/S ratio of 0.63. The dividend yield of Eaton Corp. stocks is 3.99%. Eaton Corp. had an annual average earning growth of 7.4% over the past 10 years.
Added: ConocoPhillips (COP, Financial)
David Williams added to his holdings in ConocoPhillips by 4.92%. His purchase prices were between $46.84 and $52.52, with an estimated average price of $49.7. The impact to his portfolio due to this purchase was 0.14%. His holdings were 3,200,000 shares as of 12/31/2008.
ConocoPhillips is a major international integrated energy company with operations in some 49 countries. ConocoPhillips has a market cap of $77.51 billion; its shares were traded at around $48.09 with a P/E ratio of 4.1 and P/S ratio of 0.41. The dividend yield of ConocoPhillips stocks is 3.62%. ConocoPhillips had an annual average earning growth of 19% over the past 10 years.
Added: Celanese Corp. Series A (CE, Financial)
David Williams added to his holdings in Celanese Corp. Series A by 10.58%. His purchase prices were between $7.58 and $18.75, with an estimated average price of $12.9. The impact to his portfolio due to this purchase was 0.11%. His holdings were 5,750,000 shares as of 12/31/2008.
Celanese is an integrated global producer of value-added industrial chemicals. They are the world's largest producer of acetyl products including acetic acid vinyl acetate monomer and polyacetals and a leading global producer of high-performance engineered polymers used in consumer and industrial products and designed to meet highly technical customer requirements. Their operations are located in North America Europe and Asia including substantial joint ventures in China. Celanese Corp. Series A has a market cap of $2.15 billion; its shares were traded at around $11.43 with a P/E ratio of 3.6 and P/S ratio of 0.33. The dividend yield of Celanese Corp. Series A stocks is 1.07%.
Added: Tyco International Ltd. (TYC, Financial)
David Williams added to his holdings in Tyco International Ltd. by 8.2%. His purchase prices were between $17.57 and $26.07, with an estimated average price of $22.3. The impact to his portfolio due to this purchase was 0.1%. His holdings were 3,300,000 shares as of 12/31/2008.
Tyco International Ltd. a diversified manufacturing and service company is the world's largest manufacturer and servicer of electrical and electronic components and undersea telecommunications systems the world's largest manufacturer installer and provider of fire protection systems and electronic security services has strong leadership positions in disposable medical products plastics and adhesives and is the largest manufacturer of flow control valves. (press release) Tyco International Ltd. has a market cap of $11.16 billion; its shares were traded at around $20.68 with a P/E ratio of 6.8 and P/S ratio of 0.55. The dividend yield of Tyco International Ltd. stocks is 3.39%.
New Purchase: General Maritime Corp. (GMR, Financial)
David Williams initiated holdings in General Maritime Corp.. His purchase prices were between $9.92 and $14.61, with an estimated average price of $12.3. The impact to his portfolio due to this purchase was 0.2%. His holdings were 1,000,000 shares as of 12/31/2008.
General Maritime Corporation is a leading provider of international seaborne crude oil transportation services within the Atlantic basin. General Maritime Corp. has a market cap of $342.68 million; its shares were traded at around $9.98 with a P/E ratio of 6.7 and P/S ratio of 1.34. The dividend yield of General Maritime Corp. stocks is 13.64%.
Reduced: United Rentals Inc. (URI, Financial)
David Williams reduced to his holdings in United Rentals Inc. by 47.06%. His sale prices were between $4.76 and $10.25, with an estimated average price of $8. The impact to his portfolio due to this sale was -0.1%. David Williams still held 1,350,000 shares as of 12/31/2008.
United Rentals Inc. is one of North America's largest equipment rental companies with over branches in the majority of states several Canadian provinces and Mexico. The company offers for rent different types of equipment to customers that include construction and industrial companies manufacturers utilities municipalities homeowners and others. United Rentals Inc. has a market cap of $479.74 million; its shares were traded at around $5.76 with a P/E ratio of 2.6 and P/S ratio of 0.13. United Rentals Inc. had an annual average earning growth of 4.9% over the past 10 years.
Reduced: Rockwell Automation Inc. Common (ROK, Financial)
David Williams reduced to his holdings in Rockwell Automation Inc. Common by 56.82%. His sale prices were between $22.61 and $31.15, with an estimated average price of $27.5. The impact to his portfolio due to this sale was -0.32%. David Williams still held 950,000 shares as of 12/31/2008.
Rockwell Automation is a leading global provider of industrial automation power control and information solutions that help customers meet their manufacturing productivity objectives. The Company brings together leading brands in industrial automation for Complete Automation solutions including Allen-Bradley controls and services Dodge mechanical power transmission products Reliance Electric motors and drives and Rockwell Software factory management software. Rockwell Automation Inc. Common has a market cap of $4.44 billion; its shares were traded at around $28.34 with a P/E ratio of 7.5 and P/S ratio of 0.78. The dividend yield of Rockwell Automation Inc. Common stocks is 3.69%. Rockwell Automation Inc. Common had an annual average earning growth of 5.3% over the past 10 years.
Sold Out: DISH NETWORK CORPORATION CLASS A COMMON (DISH, Financial)
David Williams sold out his holdings in DISH NETWORK CORPORATION CLASS A COMMON. His sale prices were between $9.01 and $16.19, with an estimated average price of $12.7. The impact to his portfolio due to this sale was less than 0.01%.
DISH NETWORK CP offers satellite television products and services. The company operates three business units: The DISH Network - the direct broadcast satellite subscription television service in the United States. EchoStar Technologies Corporation division which is principally responsible for the design of digital set-top boxes or satellite receivers and the sale of set-top boxes to international operators. Satellite Services division provides video audio and data services to business television customers and other satellite users. DISH NETWORK CORPORATION CLASS A COMMON has a market cap of $5.83 billion; its shares were traded at around $11.16 with a P/E ratio of 5.7 and P/S ratio of 0.53.
Sold Out: American International Group Inc. (AIG, Financial)
David Williams sold out his holdings in American International Group Inc.. His sale prices were between $1.57 and $2.33, with an estimated average price of $1.9. The impact to his portfolio due to this sale was less than 0.01%.
American International Group Inc. world leaders in insurance and financial services is the leading international insurance organization with operations in more than one hundred thirty countries and jurisdictions. AIG companies serve commercial institutional and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer. In addition AIG companies are leading providers of retirement services financial services and asset management around the world. American International Group Inc. has a market cap of $4.36 billion; its shares were traded at around $1.31 with and P/S ratio of 0.04. American International Group Inc. had an annual average earning growth of 11.4% over the past 10 years.
Sold Out: Leggett & Platt Inc. (LEG, Financial)
David Williams sold out his holdings in Leggett & Platt Inc.. His sale prices were between $12.91 and $17.36, with an estimated average price of $15.2. The impact to his portfolio due to this sale was less than 0.01%.
Leggett & Platt Inc. is one of the leading manufacturers of engineered products serving several major markets. Sales and production are focused on residential furnishings commercial furnishings aluminum products industrial materials and specialized products. The company has facilities throughout North America and in numerous international locations. (Company Press Release) Leggett & Platt Inc. has a market cap of $2.25 billion; its shares were traded at around $13.02 with a P/E ratio of 12.9 and P/S ratio of 0.52. The dividend yield of Leggett & Platt Inc. stocks is 6.94%. Leggett & Platt Inc. had an annual average earning growth of 0.3% over the past 10 years.
Sold Out: Primus Guaranty Ltd. (PRS, Financial)
David Williams sold out his holdings in Primus Guaranty Ltd.. His sale prices were between $0.45 and $1.08, with an estimated average price of $0.8. The impact to his portfolio due to this sale was less than 0.01%.
Primus Guaranty Ltd. through its principal operating subsidiary Primus Financial Products LLC offers protection against the risk of default on investment grade credit obligations. Primus Financial assumes these risks through the sale of credit default swaps to dealers banks and portfolio managers. Another subsidiary of Primus Guaranty Primus Asset Management Inc. manages the credit swap portfolio of Primus Financial as well as the credit swap portfolios of third parties. Primus Guaranty Ltd. has a market cap of $85.49 million; its shares were traded at around $1.3 with and P/S ratio of 0.58.
Sold Out: Arlington Tankers Ltd. (ATB, Financial)
David Williams sold out his holdings in Arlington Tankers Ltd.. His sale prices were between $7.22 and $11.21, with an estimated average price of $9.3. The impact to his portfolio due to this sale was less than 0.01%.
ARLINGTON TANKER LTD. is an international seaborne transporter of crude oil and petroleum products. Arlington's fleet consists exclusively of eight modern double-hulled vessels and is one of the youngest tanker fleets in the world with an average vessel age of approximately 4.5 years. The fleet consists of two V-MAX tankers which are specially designed very large crude carriers two Panamax tankers and four Product tankers. All of the Company's vessels are employed on long-term time charters. The Company was incorporated in Bermuda in September 2004..
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David Williams buys General Maritime Corp., sells Arlington Tankers Ltd., American International Group Inc., DISH NETWORK CORPORATION CLASS A COMMON, Leggett & Platt Inc., Primus Guaranty Ltd. during the 3-months ended 12/31/2008, according to the most recent filings of his investment company, Columbia Value and Restructuring Fund. David Williams owns 132 stocks with a total value of $5.5 billion. These are the details of the buys and sells.
New Purchases: GMR,
Added Positions: CE, COP, ETN, TYC,
Reduced Positions:ROK, URI,
Sold Out: AIG, ATB, DISH, LEG, PRS,
For the details of David Williams's stock buys and sells, go to the Link Here
Added: Eaton Corp. (ETN, Financial)
David Williams added to his holdings in Eaton Corp. by 13.51%. His purchase prices were between $41.15 and $47.46, with an estimated average price of $44.2. The impact to his portfolio due to this purchase was 0.22%. His holdings were 2,100,000 shares as of 12/31/2008.
Eaton Corporation is a global diversified industrial manufacturer. Eaton is one of the leaders in fluid power systems electrical power quality and controls automotive air management and fuel economy and intelligent truck components for fuel economy and safety. Eaton Corp. has a market cap of $8.27 billion; its shares were traded at around $45.87 with a P/E ratio of 6.2 and P/S ratio of 0.63. The dividend yield of Eaton Corp. stocks is 3.99%. Eaton Corp. had an annual average earning growth of 7.4% over the past 10 years.
Added: ConocoPhillips (COP, Financial)
David Williams added to his holdings in ConocoPhillips by 4.92%. His purchase prices were between $46.84 and $52.52, with an estimated average price of $49.7. The impact to his portfolio due to this purchase was 0.14%. His holdings were 3,200,000 shares as of 12/31/2008.
ConocoPhillips is a major international integrated energy company with operations in some 49 countries. ConocoPhillips has a market cap of $77.51 billion; its shares were traded at around $48.09 with a P/E ratio of 4.1 and P/S ratio of 0.41. The dividend yield of ConocoPhillips stocks is 3.62%. ConocoPhillips had an annual average earning growth of 19% over the past 10 years.
Added: Celanese Corp. Series A (CE, Financial)
David Williams added to his holdings in Celanese Corp. Series A by 10.58%. His purchase prices were between $7.58 and $18.75, with an estimated average price of $12.9. The impact to his portfolio due to this purchase was 0.11%. His holdings were 5,750,000 shares as of 12/31/2008.
Celanese is an integrated global producer of value-added industrial chemicals. They are the world's largest producer of acetyl products including acetic acid vinyl acetate monomer and polyacetals and a leading global producer of high-performance engineered polymers used in consumer and industrial products and designed to meet highly technical customer requirements. Their operations are located in North America Europe and Asia including substantial joint ventures in China. Celanese Corp. Series A has a market cap of $2.15 billion; its shares were traded at around $11.43 with a P/E ratio of 3.6 and P/S ratio of 0.33. The dividend yield of Celanese Corp. Series A stocks is 1.07%.
Added: Tyco International Ltd. (TYC, Financial)
David Williams added to his holdings in Tyco International Ltd. by 8.2%. His purchase prices were between $17.57 and $26.07, with an estimated average price of $22.3. The impact to his portfolio due to this purchase was 0.1%. His holdings were 3,300,000 shares as of 12/31/2008.
Tyco International Ltd. a diversified manufacturing and service company is the world's largest manufacturer and servicer of electrical and electronic components and undersea telecommunications systems the world's largest manufacturer installer and provider of fire protection systems and electronic security services has strong leadership positions in disposable medical products plastics and adhesives and is the largest manufacturer of flow control valves. (press release) Tyco International Ltd. has a market cap of $11.16 billion; its shares were traded at around $20.68 with a P/E ratio of 6.8 and P/S ratio of 0.55. The dividend yield of Tyco International Ltd. stocks is 3.39%.
New Purchase: General Maritime Corp. (GMR, Financial)
David Williams initiated holdings in General Maritime Corp.. His purchase prices were between $9.92 and $14.61, with an estimated average price of $12.3. The impact to his portfolio due to this purchase was 0.2%. His holdings were 1,000,000 shares as of 12/31/2008.
General Maritime Corporation is a leading provider of international seaborne crude oil transportation services within the Atlantic basin. General Maritime Corp. has a market cap of $342.68 million; its shares were traded at around $9.98 with a P/E ratio of 6.7 and P/S ratio of 1.34. The dividend yield of General Maritime Corp. stocks is 13.64%.
Reduced: United Rentals Inc. (URI, Financial)
David Williams reduced to his holdings in United Rentals Inc. by 47.06%. His sale prices were between $4.76 and $10.25, with an estimated average price of $8. The impact to his portfolio due to this sale was -0.1%. David Williams still held 1,350,000 shares as of 12/31/2008.
United Rentals Inc. is one of North America's largest equipment rental companies with over branches in the majority of states several Canadian provinces and Mexico. The company offers for rent different types of equipment to customers that include construction and industrial companies manufacturers utilities municipalities homeowners and others. United Rentals Inc. has a market cap of $479.74 million; its shares were traded at around $5.76 with a P/E ratio of 2.6 and P/S ratio of 0.13. United Rentals Inc. had an annual average earning growth of 4.9% over the past 10 years.
Reduced: Rockwell Automation Inc. Common (ROK, Financial)
David Williams reduced to his holdings in Rockwell Automation Inc. Common by 56.82%. His sale prices were between $22.61 and $31.15, with an estimated average price of $27.5. The impact to his portfolio due to this sale was -0.32%. David Williams still held 950,000 shares as of 12/31/2008.
Rockwell Automation is a leading global provider of industrial automation power control and information solutions that help customers meet their manufacturing productivity objectives. The Company brings together leading brands in industrial automation for Complete Automation solutions including Allen-Bradley controls and services Dodge mechanical power transmission products Reliance Electric motors and drives and Rockwell Software factory management software. Rockwell Automation Inc. Common has a market cap of $4.44 billion; its shares were traded at around $28.34 with a P/E ratio of 7.5 and P/S ratio of 0.78. The dividend yield of Rockwell Automation Inc. Common stocks is 3.69%. Rockwell Automation Inc. Common had an annual average earning growth of 5.3% over the past 10 years.
Sold Out: DISH NETWORK CORPORATION CLASS A COMMON (DISH, Financial)
David Williams sold out his holdings in DISH NETWORK CORPORATION CLASS A COMMON. His sale prices were between $9.01 and $16.19, with an estimated average price of $12.7. The impact to his portfolio due to this sale was less than 0.01%.
DISH NETWORK CP offers satellite television products and services. The company operates three business units: The DISH Network - the direct broadcast satellite subscription television service in the United States. EchoStar Technologies Corporation division which is principally responsible for the design of digital set-top boxes or satellite receivers and the sale of set-top boxes to international operators. Satellite Services division provides video audio and data services to business television customers and other satellite users. DISH NETWORK CORPORATION CLASS A COMMON has a market cap of $5.83 billion; its shares were traded at around $11.16 with a P/E ratio of 5.7 and P/S ratio of 0.53.
Sold Out: American International Group Inc. (AIG, Financial)
David Williams sold out his holdings in American International Group Inc.. His sale prices were between $1.57 and $2.33, with an estimated average price of $1.9. The impact to his portfolio due to this sale was less than 0.01%.
American International Group Inc. world leaders in insurance and financial services is the leading international insurance organization with operations in more than one hundred thirty countries and jurisdictions. AIG companies serve commercial institutional and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer. In addition AIG companies are leading providers of retirement services financial services and asset management around the world. American International Group Inc. has a market cap of $4.36 billion; its shares were traded at around $1.31 with and P/S ratio of 0.04. American International Group Inc. had an annual average earning growth of 11.4% over the past 10 years.
Sold Out: Leggett & Platt Inc. (LEG, Financial)
David Williams sold out his holdings in Leggett & Platt Inc.. His sale prices were between $12.91 and $17.36, with an estimated average price of $15.2. The impact to his portfolio due to this sale was less than 0.01%.
Leggett & Platt Inc. is one of the leading manufacturers of engineered products serving several major markets. Sales and production are focused on residential furnishings commercial furnishings aluminum products industrial materials and specialized products. The company has facilities throughout North America and in numerous international locations. (Company Press Release) Leggett & Platt Inc. has a market cap of $2.25 billion; its shares were traded at around $13.02 with a P/E ratio of 12.9 and P/S ratio of 0.52. The dividend yield of Leggett & Platt Inc. stocks is 6.94%. Leggett & Platt Inc. had an annual average earning growth of 0.3% over the past 10 years.
Sold Out: Primus Guaranty Ltd. (PRS, Financial)
David Williams sold out his holdings in Primus Guaranty Ltd.. His sale prices were between $0.45 and $1.08, with an estimated average price of $0.8. The impact to his portfolio due to this sale was less than 0.01%.
Primus Guaranty Ltd. through its principal operating subsidiary Primus Financial Products LLC offers protection against the risk of default on investment grade credit obligations. Primus Financial assumes these risks through the sale of credit default swaps to dealers banks and portfolio managers. Another subsidiary of Primus Guaranty Primus Asset Management Inc. manages the credit swap portfolio of Primus Financial as well as the credit swap portfolios of third parties. Primus Guaranty Ltd. has a market cap of $85.49 million; its shares were traded at around $1.3 with and P/S ratio of 0.58.
Sold Out: Arlington Tankers Ltd. (ATB, Financial)
David Williams sold out his holdings in Arlington Tankers Ltd.. His sale prices were between $7.22 and $11.21, with an estimated average price of $9.3. The impact to his portfolio due to this sale was less than 0.01%.
ARLINGTON TANKER LTD. is an international seaborne transporter of crude oil and petroleum products. Arlington's fleet consists exclusively of eight modern double-hulled vessels and is one of the youngest tanker fleets in the world with an average vessel age of approximately 4.5 years. The fleet consists of two V-MAX tankers which are specially designed very large crude carriers two Panamax tankers and four Product tankers. All of the Company's vessels are employed on long-term time charters. The Company was incorporated in Bermuda in September 2004..
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