Barron's Activist Stocks 8-11-07
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Created by barrons2
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Date updated:08-11-2007

Each week Barron's has a 13D Filings column. 13Ds are filed when a fund (usually an activist hedge fund) accumulates more than 5% of a firm and is planning on pushing for change (e.g.a sale of the company, sale of certain assets, a share buyback, or a share dividend) to unlock value.

See Hate list below where funds filed 13Ds showing a new decrease in particular positions.

symbol name last price % change open
  • +
  • MASB
    Massbank Cp
  • $39.72
  • -0.43%
  • $39.74

From Barron's 8-11-07: "Lawrence Seidman manager of Seidman & Associates has requested a meeting with the board of Massbank. Seidman wants the board to consider accelerating a share-repurchase plan, installing a new management that is skilled in making proper loans, or selling the company. Seidman holds 251,714 shares (5.83%)."

People owning MASB also tend to own: ASHWCSCDCTECDORMECHOFBIZFMAR

TheStreet.com Rating: B What is this?

  • +
  • SPA
    Sparton Cp
  • $4.09
  • +0.49%
  • $3.97

From Barron's 8-11-07: "Lawndale Capital Management is calling for Sparton to explore strategic alternatives. Lawndale wants Sparton to eliminate its staggered board structure and hire an outside pension consultant to review the asset allocation to company stock under Sparton's defined-benefit pension plan. Lawndale Capital holds 888,812 shares (9.1%)."

People owning SPA also tend to own: FBNKSWMASBMZRSYSVCVMED

TheStreet.com Rating: D+ What is this?

  • +
  • KSW
    Ksw Inc
  • $4.55
  • -0.22%
  • $4.61

From Barron's 8-11-07: "Moab Capital Partners believes KSW's shares are undervalued. Moab bought the stock because KSW's "highly regarded management" team has created a "unique value-engineering business proposition" that is driving strong growth in backlog, revenue and earnings margins. Moab also believes KSW's free cash flow and stock price are under valued when compared to peers like Comfort Systems (FIX) and Emcor Group (EME). Moab also noted that KSW is well positioned to expand its operations into major markets beyond New York City. Moab Capital reported holding 313,266 shares (5.1%)."

People owning KSW also tend to own: ANSBRRPNSNUCTTCECEENGAPI

TheStreet.com Rating: C+ What is this?

  • +
  • MZ
    Mz
  • $0.00
  • N/A
  • $N/A

From Barron's 8-11-07: "Investor Neal A. Kowalski reported holdings of 279,838 shares (5.02%), after buying 194,108 from June 11 to July 19 at $7.66 to $9.13 each."

People owning MZ also tend to own: BLDPPALMEWIEWJUCTTADMASTT

TheStreet.com Rating: D- What is this?

  • +
  • VMED
    Virgin Media Inc
  • $11.99
  • +0.76%
  • $11.85

From Barron's 8-11-07: "SRM Global Fund General Partner reported holdings of 19,992,900 shares (6.1%), by buying 6,688,300 from June 7 to July 31 at prices ranging from $24.19 to $28.42."

People owning VMED also tend to own: AETAMTCCICICSCOCVSDOX

TheStreet.com Rating: D What is this?

  • +
  • FBN
    Furniture Brnds I
  • $12.64
  • +2.02%
  • $12.54

From Barron's 8-11-07: "Sun Capital Securities raised its stake to 2.92 million shares (6%), from the 2.43 million (5%) that it had reported in early March."

People owning FBN also tend to own: ETHMASCLSCQBEMMSGNSSJUPM

TheStreet.com Rating: C- What is this?

  • +
  • VC
    Visteon Cp
  • $2.49
  • +4.62%
  • $2.37

From Barron's 8-11-07: "Pardus Capital Management increased its position to 29 million shares (22.4%) by buying 875,000 from Aug. 3 to 6 at prices in the range of $6.21 to $6.46 a share."

People owning VC also tend to own: BMRNBVXCHTRCOGOCRESYCROXCWTR

TheStreet.com Rating: D What is this?

  • +
  • RSYS
    Radisys Cp
  • $9.75
  • +3.50%
  • $9.37

From Barron's 8-11-07: "Investor David Nierenberg's D3 Family Fund increased its stake to 2.94 million shares (13.4%), from the 2.67 million (12.2%) reported in June."

People owning RSYS also tend to own: ESIOFORMAAPLALVRATIAXPBA

TheStreet.com Rating: D+ What is this?

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