Barron's Activist Stocks 9-27-2008
4581 views
Rate Now: 1 2 3 4

average rating: 0.00 / 0 ratings
Created by barrons3
DESCRIPTION:

Date updated:09-27-2008

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.

symbol name last price % change open
  • +
  • DIN
    Dineequity
  • $7.86
  • 0.00%
  • $N/A

MSD Capital, the investment vehicle of Dell (DELL) founder Michael Dell, intends to talk to DineEquity about hiring a new financial chief, among other things. (Thomas G. Conforti resigned last week as DineEquity's financial chief.) MSD also plans to have talks with the company regarding debt repayment, changes in its capitalization and dividend policy, and disposition of company restaurants, among other things. MSD beneficially holds 2.51 million shares (14.4% of the total outstanding).

People owning DIN also tend to own: AEOCOPCTXDDSHUMMCDNYT

TheStreet.com Rating: C- What is this?

  • +
  • TRY
  • $0.00
  • 0.00%
  • $N/A

Trian Partners, Nelson Peltz's hedge fund, reported purchases of additional Triarc Cos. (TRY) shares, bringing Trian's stake in Triarc's Class A stock to 40.35% and Class B stock to 24.81%. Since Monday, Trian and its affiliated funds have purchased a total of 440,000 Class A shares for about $2.27 million and 920,000 Class B shares for about $4.8 million, according to a filing with the SEC. Peltz, the Triarc chairman and former CEO, had disclosed earlier this month that he intended to increase his stake in the company to be created by the pending merger of Triarc and Wendy's International (WEN).

People owning TRY also tend to own: AFCEAMGCEICMPCSHEDOFTI

TheStreet.com Rating: D+ What is this?

  • +
  • GCA
    Global Cash Acs H
  • $3.10
  • -1.59%
  • $3.03

Global Cash Access Holdings (GCA) ValueAct Capital reported ownership of 4,338,411 shares (5.6%) of Global Cash Access Holdings , after buying 482,100 shares on Sept. 17 and 18 at $4.45 to $4.71 apiece. ValueAct said it acquired the stake for investment purposes, and may propose changes in operations, governance or capitalization.

People owning GCA also tend to own: AAPLBBWDNDNGOOGNTESRIMMFKINX

TheStreet.com Rating: C- What is this?

  • +
  • WINS
    Sm&a
  • $2.66
  • -2.92%
  • $2.79

Mill Road Capital reported ownership of 1,333,156 shares (7.2%), after buying those shares from Aug. 5 to Sept. 22 at prices ranging from $2.83 to $3.84 apiece.

People owning WINS also tend to own: AMSGBECNBGFVHWAYININKEYSMCRL

TheStreet.com Rating: C What is this?

  • +
  • HI
    Hillenbrand Inc
  • $17.97
  • 0.00%
  • $N/A

Breeden Capital Management, the hedge fund run by Richard Breeden, a former chairman of the Securities and Exchange Commission, reported ownership of 3,994,162 shares (6.4%) of Hillenbrand after buying 1,053,467 from Aug. 22 to Sept. 18, at prices of $22.01 to $22.99 each.

People owning HI also tend to own: ANVAPOLBERKCROXGHNGOKHYTM

TheStreet.com Rating: No Rating What is this?

  • +
  • TCBI
    Texas Cap Bcshs
  • $17.59
  • -6.59%
  • $18.45

Sandler O'Neill Asset Management reported owning 1,823,000 shares (5.91%), after buying 948,000 from July 16 to Sept. 11 at $14.01 to $18.11 each.

People owning TCBI also tend to own: AMGARGBBBBBEAVCROXCTSHGPRO

TheStreet.com Rating: B- What is this?

  • +
  • CSK
    Csk
  • $0.00
  • N/A
  • $N/A

German company Edelmann GmbH & Co. raised its holdings to about 2.78 million shares (13.5%), from the 1.57 million shares (7.6%) it reported Aug. 9.

People owning CSK also tend to own: ABTALVBAMMBBTBLCBTHBUSE

TheStreet.com Rating: D What is this?

  • +
  • TDS
    Telephone + Data
  • $23.90
  • -6.38%
  • $25.31

A group of funds managed by Mario Gabelli's Gamco Investors increased its position to about 4.19 million shares (7.88%), from 3.66 million (6.88%) held in May.

People owning TDS also tend to own: ATDCELLEAPNIHDSUSMAMX

TheStreet.com Rating: C+ What is this?

previous next

Portfolio not tracked!

Comments not available

ADD YOUR COMMENTS:

Top Stocks With Insider Buying, ...

Part of the philosophy of Stockpickr is to follow in the footsteps of smart people. This could mean a few different things. First, it could mean piggybacking great inve...

12.04.08 | 10:36 AM
Latest News in Activist Investing

Since most hedge funds get paid based on their returns for the year, managers who want to get the most out of a stock investment often turn to shareholder activism as a way...

12.03.08 | 17:46 PM
'Fast Money' Portfolios of the Week

The traders of CNBC’s “Fast Money” have never seen such extreme volatility in the U.S. stock market. They are amazed almost on a daily basis the stock market's wild b...

12.03.08 | 17:06 PM
Stocks That Could Withstand the ...

How confident are you that your portfolio can weather the current stock market storm? If you’re using the "big three metrics" to track down your stocks, chances are, y...

12.03.08 | 14:25 PM
more articles
General market Technical Analysi...
11.14.07 | 22:55 PM From author ZackAttack
buyittradeit's blog
10.25.08 | 16:06 PM From author buyittradeit
Reading charts
08.16.08 | 09:03 AM From author Peter near Matanzas Inlet
more forums
Q. Market down financials up? Whatc...
12.04.08 | 13:39 PM Asked by surfsk8sno

A. By the way, the day is not over-
we might finish in green - you never
know

today 's lists
Analyst Downgrades

Analyst Downgrades for Dec. 2, 2008 more

Top Stock Buybacks

This is a portfolio of stocks that consist of the top stock buybacks announced in the prior week. This will be updated every Friday. more

TSC Ratings Upgrades

These stocks were upgraded at TheStreet.com Ratings on Nov. 26, 2008. Click here for more information about the ratings' changes.... more