In World War I, Mueller Industries produced brass rods for
munitions. Today the company has manufacturing and distribution
facilities located throughout the U.S., Canada, Mexico, Great
Britain and China. With a market cap of $1.43 billion, Mueller
Industries Inc. (
) is a manufacturer of copper, brass, plastic and aluminum
products, anything from copper tubes and fittings to aluminum and
brass forgings. The company makes parts and pieces such as
fittings, valves and tubes used in plumbing and
HVAC/refrigeration and for industrial original equipment
As of April 8, 2013,
increased his position with the metal fabricator by 175.55%; his
price range was around $51.6. Gabelli currently holds 813,801 MLI
shares after the trade. The current stock price is $51.04. MLI
stock is up 12% over the last 12 months. The P/E ratio is 21.9,
the P/B is 2.8, and the3 P/S is 0.8139.
One of the top MLI stakeholders, second only to
, Gabelli has been trading MLI since fourth quarter 2008 at which
time he bought 139,000 shares at an average price of $21.08,
making a 142.1% gain. Since that time his average cost is $45 per
share with a 13% gain overall.
His holding history:
reduced his position by 38.87%with MLI as of March 31, 2013.
After selling 736,007 shares at $53.02 at a 3.7% loss, Fisher is
still the largest MLI stakeholder with 931,566 shares.
first bought MLI in the second quarter of 2008. Since that time,
his average price for shares bought is $25.98 per share with a
96% gain. For shares sold, his average price is $43.48 per share,
with a 17% gain.
His holding history:
Columnist, author and Guru Ken Fisher of Fisher Asset Management
LLC currently lists a portfolio with 483 stocks and a total value
of $37.6 billion and a quarter-over-quarter turnover of 8%.
Of Bronx fame, Mario Gabelli is founder of GAMCO Investors Inc.,
a well-known diversified asset manager and financial services
company. In a recent update, the GAMCO portfolio lists 792 stocks
valued at $13.6 billion, with a quarter-over-quarter turnover of
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