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StreetInsider.com Insiders' Edge Newsletter 08-14-08

 StreetInsider.com - Insiders' Edge

Market Talk: What's Nelson Peltz Up To?

It's 13F season again!  Every quarter investment and hedge fund mangers have to open up their books.  While the data is a little old (they have 45 days from the end of the quarter to file), it is very powerful.

Today, operational activist investor, Nelson Peltz, had a very intersting 13F.  This is the most active we've seen Peltz.

Nelson Peltz's Trian Fund Management showed new stakes in Hansen Natural Corporation (Nasdaq: HANS), Target (NYSE: TGT), Cintas (Nasdaq: CTAS), UST Inc. (NYSE: UST), Philip Morris International, Inc. (NYSE: PM), Wyeth (NYSE: WYE), P F Changs (Nasdaq: PFCB), Orient-Express (NYSE: OEH), Lorillard, Inc. (NYSE: LO) and Orient-Express (NYSE: OEH).

Here is the full summary of the 13F

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Analyst Call To Watch - Kinross Gold (KGC)

TD Newcrest upgrades Kinross Gold Corporation (NYSE: KGC) from Hold to Buy but lowers their price target from $25 to $23. The firm said, "Kinross has reported a strong quarter unlike most of the Senior gold producers and when combined with a faster than planned ramp-up at Kupol, it appears that the company is ..."

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