Institutional Investors Buying Lear’s Stock in Q3

Insiders are generally long-term investors due to restriction in making short-term profits. In contrast, wealth management institutions always have short-term investment. Wall St. Watchdog reveals information regarding the insiders and institutions which recently increased stock shares of Lear Corp. (NYSE:LEA).

SEC data indicate that these institutions significantly increased their stock shares of Lear Corp. in Q3 2011:

  • PAULSON MANAGEMENT LLC: On 06/30/2011, held 0 shares. On 09/30/2011, held 4,626,488 shares, worth $197,874,892.
  • LSV ASSET MANAGEMENT: On 06/30/2011, held 0 shares. On 09/30/2011, held 988,300 shares, worth $42,269,591.
  • ANCHORAGE CAPITAL GROUP, L.L.C.: On 06/30/2011, held 0 shares. On 09/30/2011, held 730,100 shares, worth $31,226,377.
  • SCHRODER INVESTMENT MANAGEMENT GROUP: On 06/30/2011, held 0 shares. On 09/30/2011, held 618,700 shares, worth $26,461,799.
  • MORGAN STANLEY: On 06/30/2011, held 0 shares. On 09/30/2011, held 278,212 shares, worth $11,899,127.

About the company: Lear Corporation manufactures automobile parts. The Company produces seating systems; wiring harnesses; terminals; connectors; junction boxes; body control electronics; wireless products; and audio systems.

Competitors to Watch: Johnson Controls, Inc. (NYSE:JCI), Visteon Corporation (NYSE:VC), Gentex Corporation (NASDAQ:GNTX), General Electric (NYSE:GE), United Technologies Corp. (NYSE:UTX), Honeywell Intl. Inc. (NYSE:HON).

(Note: Data regarding Lear Corp.’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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