Weekly CEO Buys Highlight: GHL, OPK, DKL, ATI, PEB
According to GuruFocus Insider Data, these were the largest CEO buys during the past week. The overall trend of CEOs is illustrated in the chart below:
Warning! GuruFocus has detected 5 Warning Signs with GHL. Click here to check it out.
The intrinsic value of GHL
Greenhill & Co Inc. (GHL): CEO Scott L. Bok bought 202,510 shares
Bok bought 202,510 shares on Oct. 27 at an average price of $25.82. Greenhill & Co. is a Delaware corporation, which was established in 1996. Greenhill & Co. has a market cap of $757.073 million; its shares were traded at around $25.82 with a P/E ratio of 24.60 and P/S ratio of 2.60. The dividend yield of Greenhill & Co. stocks is 6.97%.
Bok owns at least 406,377 shares after this buy. The price of the stock has increased by 3.74% since.
Opko Health Inc. (OPK): CEO, Chairman and 10% Owner Phillip Frost bought 81,800 shares
Frost bought 81,800 shares during the past week at an average price of $9.45. Opko Health was originally incorporated in Delaware in October 1991 under the name Cytoclonal Pharmaceutics Inc. Opko Health has a market cap of $4.38 billion; its shares were traded at around $9.45 with a P/S ratio of 35.00. Opko Health had an annual average earnings growth of 9% over the past 10 years.
Sr. Vice President and CFO Adam Logal bought 1,000 shares of OPK stock on Sept. 14 at the average price of $9.95. Logal owns at least 45,789 shares after this. The price of the stock has decreased by 5.03% since.
Delek Logistics Partners LP (DKL): Chairman and CEO Ezra Uzi Yemin bought 15,000 shares
Yemin bought 15,000 shares on Oct. 22 at an average price of $32.75. Delek Logistics Partners LP is a Delaware Corporation formed in April 2012 by Delek US Holdings Inc. Delek Logistics Partners LP has a market cap of $794.191 million; its shares were traded at around $32.75 with a P/E ratio of 54.08 and P/S ratio of 1.11. The dividend yield of Delek Logistics Partners stocks is 6.35%.
Delek Logistics Partners recently reported its second quarter 2015 financial results. For the three months ended June 30, Delek Logistics reported net income attributable to all partners of $18.3 million, or 70 cents per diluted limited partner unit. This compares to net income of $21.8 million, or 87 cents per diluted limited partner unit in the second quarter 2014.
EVP and General Counsel Andrew L. Schwarcz sold 1,817 shares of DKL stock on June 11 at the average price of $42.66. Schwarcz owns at least 17,648 shares after this. The price of the stock has decreased by 23.23% since.
Allegheny Technologies Inc. (ATI): Chairman, President and CEO Richard J. Harshman bought 17,500 shares
Harshman bought 17,500 shares on Oct. 28 at an average price of $14.70. Allegheny Technologies is a Delaware corporation founded in 1901. Allegheny Technologies has a market cap of $1.61 billion; its shares were traded at around $14.70 with a P/E ratio of 108.14 and P/S ratio of 0.37. The dividend yield of Allegheny Technologies stocks is 4.90%.
ATI recently commented that business and operating conditions in its flat rolled products business remain challenging and demand from the oil & gas market further weakened.
Senior VP and CFO Patrick J. Decourcy bought 2,350 shares of ATI stock on July 23 at the average price of $21.3. Decourcy owns at least 67,484 shares after this. The price of the stock has decreased by 30.99% since.
Pebblebrook Hotel Trust (PEB): Chairman, President and CEO Jon E. Bortz bought 5,100 shares
Bortz bought 5,100 shares on Oct. 27 at an average price of $34.18. Pebblebrook Hotel Trust is an internally managed hotel investment company, organized in October 2009 to acquire and invest in hotel properties. Pebblebrook Hotel Trust has a market cap of $2.46 billion; its shares were traded at around $34.18 with a P/E ratio of 44.15 and P/S ratio of 3.36. The dividend yield of Pebblebrook Hotel Trust stocks is 3.39%.
Pebblebrook recently reported its third quarter 2015 financial results. The company announced net income of $31.6 million during the third quarter of 2015, compared to $23.7 million in the third quarter of 2014. Adjusted EBITDA was $82.4 million during the third quarter of 2015, compared to $63.6 million in the year-ago quarter.
This article first appeared on GuruFocus.
Warning! GuruFocus has detected 5 Warning Signs with GHL. Click here to check it out.
The intrinsic value of GHL
