As of April 10, 2013 GAMCO Investors' Chairman and Chief
reduced his position with Modine Manufacturing Company (
) by 11.27 %. The current share price is $9.23, with a change
from average up 1%. The stock is up 14% over the last 12 months.
Gabelli owns 2,152,311 shares after the trade.
The auto parts company has a market cap of $437.05 million, a P/B
ratio of 1.3 and a P/S/ ratio of 0.3065. Incorporated in 1916 in
Wisconsin, Modine Manufacturing specializes in heating and
cooling technology and systems for original equipment
manufacturers of trucks, automobiles, buses and specialty
vehicles across a global market. The company reported fiscal 2012
revenues of $1.6 billion. Modine employs approximately 6,600
people at 30 facilities in 16 countries.
Gabelli has a long history with Modine. From fourth quarter in
2008 through same quarter 2012, his average cost was $5 per share
for an 85% gain.
Gabelli's holding history:
Gabelli holds other auto parts stocks, among them parts maker
Standard Motor Products
) and Superior Industries International (
), the aluminum road wheels manufacturer that supplies wheels to
the Ford Motor Company (
), General Motors (
) and Chrysler, and others.
Gabelli has been reducing his SMP position for two years and now
holds 666,488 shares of the auto parts maker. Meanwhile, he
increased his SUP position by 7.03% in March, with total shares
Gabelli's SMP holding history:
Gabelli's SUP holding history:
As of April 12, 2013, Gabelli's company, GAMCO Investors, lists
792 stocks in a portfolio valued at $13.6 billion, with a quarter
over quarter turnover of 5%. The portfolio lists 41 new stocks.
For revenue, GAMCO Investors ranks higher than 92% of the 13
companies in the industry. For earnings yield, GAMCO Investors
ranks higher than 54% of the 13 companies in the industry.
Guru Mario Gabelli is the founder, chairman, and CEO of Gabelli
Asset Management Company Investors (GAMCO Investors) a $30
billion dollar global investment firm headquartered in Rye, New
York. With an estimated net worth of $1 billion, Gabelli was
ranked in 2006 by the Forbes 400 Richest Americans list as 346th.
Here's a look at Mario Gabelli's other top buys, sells, and
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