Are PriceSmart’s Top Institutional Shareholders Jockeying Before Earnings?

For 2012, PriceSmart Inc.’s (NASDAQ:PSMT) shares are down 9.7 percent. On Monday, the company will report its third quarter earnings after the close. Revenues are expected to come in at $510.68 million as compared to $431.15 million for the same quarter in 2011. Earnings per share for the third quarter have been estimated at $0.60 cents a share, up from $0.55 cents a share from the previous year. The stock has an average price target from analysts at $81.25.

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With the estimated rising earnings report, will PriceSmart’s largest shareholder increase its holding? 1 institutional firms indicated owning shares of PriceSmart Inc. (NASDAQ:PSMT) in Q2 2012. These firms reported owning a total of 104,392 shares on 06/30/2012. The shares closed at $67.51 on 06/30/2012.

Here are the ten largest positions in PriceSmart Inc. at the end of June 30th, 2012.

Marathon Asset Management LLP held 104,392 shares on 06/30/2012 worth $7,047,504. This brought the portfolio total to 0.08%.

Price T Rowe Associates Inc /MD/ held 2,000,700 shares on 03/31/2012 worth $145,670,962. This brought the portfolio total to 0.04%.

London Co of Virginia held 1,754,152 shares on 03/31/2012 worth $127,719,803. This brought the portfolio total to 3.87%.

FMR LLC held 1,307,645 shares on 03/31/2012 worth $95,209,629. This brought the portfolio total to 0.02%.

Vanguard Group Inc held 923,249 shares on 03/31/2012 worth $67,221,757. This brought the portfolio total to 0.01%.

Tcw Group Inc held 778,317 shares on 03/31/2012 worth $56,669,259. This brought the portfolio total to 0.23%.

Hoplite Capital Management LLC held 746,971 shares on 03/31/2012 worth $54,386,957. This brought the portfolio total to 2.91%.

Baillie Gifford & Co held 691,648 shares on 03/31/2012 worth $50,358,889. This brought the portfolio total to 0.18%.

Wellington Management Co LLP held 505,728 shares on 03/31/2012 worth $36,822,054. This brought the portfolio total to 0.01%.

Blackrock Institutional Trust Company N.A. held 505,382 shares on 03/31/2012 worth $36,796,862. This brought the portfolio total to 0.01%.

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