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Kahn Brothers Buys GlaxoSmithKline PLC, Sells Nam Tai Property

Kahn Brothers

  • Added Positions: GSK , VOXX ,
  • Reduced Positions: NTP , PFE, HOLX, PTEN, SEB, C, NYCB, IDT, NAVI, NVS,

For the details of Kahn Brothers's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Kahn+Brothers

These are the top 5 holdings of Kahn Brothers

  1. Citigroup Inc ( C ) - 1,088,765 shares, 10.93% of the total portfolio. Shares reduced by 1.77%
  2. Merck & Co Inc ( MRK ) - 952,741 shares, 9.47% of the total portfolio. Shares reduced by 0.55%
  3. New York Times Co ( NYT ) - 3,728,898 shares, 8.38% of the total portfolio. Shares reduced by 0.25%
  4. BP PLC ( BP ) - 1,310,360 shares, 8.27% of the total portfolio. Shares added by 0.43%
  5. Hologic Inc ( HOLX ) - 1,197,404 shares, 8.11% of the total portfolio. Shares reduced by 3.01%

Added: GlaxoSmithKline PLC (GSK)

Kahn Brothers added to the holdings in GlaxoSmithKline PLC by 31.85%. The purchase prices were between $37.39 and $43.44, with an estimated average price of $39.52. The stock is now traded at around $39.26. The impact to the portfolio due to this purchase was 1.31%. The holdings were 833,315 shares as of 2016-12-31.

Reduced: Nam Tai Property Inc (NTP)

Kahn Brothers reduced to the holdings in Nam Tai Property Inc by 40%. The sale prices were between $7.15 and $8.3, with an estimated average price of $7.61. The stock is now traded at around $7.40. The impact to the portfolio due to this sale was -1.87%. Kahn Brothers still held 1,920,660 shares as of 2016-12-31.

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This article first appeared on GuruFocus .

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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