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Strategies & Market Trends : Value Investing

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From: E_K_S	7/9/2007 4:19:56 PM
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WP Stewart & Co. Ltd. (WPL) - More buying by Van Den Berg Management Inc.. Stock rises 5.3% to $12.85. Part of the rise may be short covering as of 6/12 32% of the float was short. EKS ----------------------------------------------------- Investor Boosts WP Stewart Stake Monday July 9, 12:41 pm ET Van Den Berg Management Raises Stake in WP Stewart to 25.1 Percent NEW YORK (AP) -- Austin, Texas-based investor Van Den Berg Management Inc. raised its stake in asset manager WP Stewart & Co. to 25.1 percent, according to a regulatory filing Monday with the Securities and Exchange Commission. The investor reported owning about 12 million shares of the Bermuda-based company. Last week, Van Den Berg reported increasing its stake to 24.4 percent, from 22.5 percent in late June. According to the filing, the stock was purchased for the accounts of investment advisory clients at a total price of $156.6 million.

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