Dollar Thrifty Automotive Group, Inc.

  • Billionaire Dinan’s Latest Stock Moves

    By Meena Krishnamsetty - November 18, 2012 | Tickers: AIG, AAPL, DTG, HTZ, KMI

    James Dinan is one of the hedge fund industry's best success stories, rising to be one of its highest paid earners after losing it all on one Monday morning in 1987. An MBA graduate from Harvard Business School, Dinan started his career at Donaldson, Lufkin & Jenrette, working as an investment banker until 1983 before moving to merger arbitrage at Kellner DiLeo & Co. On what is now known as Black more »

  • Billionaire Tom Sandell's Stock Picks

    By Meena Krishnamsetty - November 15, 2012 | Tickers: CBE, DTG, ETN, SAP, TPCG

    Tom Sandell might just be the world's most under-appreciated billionaire. He doesn't have the name of a Buffett or Soros, but the manager of hedge fund Sandell Asset Management has amassed quite a fortune, as Forbes estimates Sandell's net worth is close to $1.1 billion. Officially the eleventh richest man in Sweden, the sheer size of Sandell's fund has shrunk over the years, and now more »

  • What a Dollar Thrifty Buy Would Mean for Hertz

    By Eric Novinson - October 31, 2012 | Tickers: CAR, DTG, HTZ, ZIP.DL2

    A big name in rental cars might not get even bigger after all. The Federal Trade Commission could decide to stop Hertz Global Holdings (NYSE: HTZ) from acquiring Dollar Thrifty, (NYSE: DTG) reported Sara Forden and Mark Clothier at Bloomberg. Although this deal does require a few sacrifices by Hertz, this merger could still work in this rental car company's favor if it finds a way to gain FTC more »

  • Why is York Capital Bearish on this Car Rental Company?

    By Meena Krishnamsetty - September 21, 2012 | Tickers: CAR, DTG, HTZ

    In a recent 13G filing, James Dinan and York Capital Management decreased their ownership in Dollar Thrifty (NYSE: DTG) from 11.3% to 7.9%.  With an MBA from Harvard and experience at DLJ and Kellner DiLeo & Co., James Dinan started York Capital in 1991.

    Dinan first bought Dollar Thrifty in the first quarter of 2011, when the company was trading around half of where it trades now. Dollar Thrifty more »

  • Hedge Funds Like These Mid Cap Stocks

    By Meena Krishnamsetty - September 10, 2012 | Tickers: DAL, DTG, EQIX, HTZ, LCC

    At Insider Monkey, we track the investment activity of hedge funds and other large investors by studying their 13F filings. These filings report many equity positions held by the funds at the end of the quarter. As might be expected, the most widely held shares by hedge funds tend to be megacap companies; of the ten most popular stocks among hedge funds, only one has a market capitalization of under more »

  • Billionaire James Dinan's Latest Stock Picks

    By Meena Krishnamsetty - August 24, 2012 | Tickers: C, DTG, HTZ, TYC

    James Dinan's York Capital Management is a 20-year-old fund with an impressive performance record—the fund lost value in only three of those years. Unfortunately, 2011 was one of those years, one of the worst in recent memory for hedge funds generally, as the fund posted a loss of 5.93 percent. Dinan, a self-made billionaire and avid sailor, presently manages about $15 billion in his York Capital Management more »

  • Stuck in Reverse, is Zipcar a Takeover Target?

    By Jonathan Yates - August 22, 2012 | Tickers: CAR, DTG, HTZ, ZIP.DL2

    While the decline in the share price of Facebook has garnered most of the media attention, Zipcar (NYSE: ZIP) has fallen from the $30 level reached on its first day of trading last April to now selling for around $8 a share.  Competition from Avis Budget Group (NYSE: CAR), Hertz Global Holdings (NYE: HTZ), Dollar Thrifty Automotive (NYSE: DTG) and Enterprise-Rent-A-Car has brutalized the rental upstart.

    The overall business model more »

  • Is Hertz a Good Stock to…well, Buy?

    By Meena Krishnamsetty - August 4, 2012 | Tickers: CAR, DTG, HTZ, URI

    Hertz (NYSE: HTZ) reported its second quarter 2012 results earlier this week. The company set a quarterly record for rental-days, a key operating metric, and excluding various items it earned 35 cents per share compared to the consensus estimate of 32 cents. Actual EPS of 21 cents per share was still up a substantial amount from the 12 cents per share the company had earned in the same quarter of more »

  • The Big 3 Car Rental Companies – Scorecard

    By Chad Henage - March 14, 2012 | Tickers: CAR, DTG, HTZ, ZIP.DL2

    When it comes to car rentals, there are three big names that come to mind: Dollar Thrifty (NYSE: DTG)Avis Budget Group (NASDAQ: CAR), and Hertz Global Holdings (NYSE: HTZ). If you are looking to invest in a company in the car rental industry, you may as well pick the best one. That is where our scorecard comes in. We'll rank each of the companies based on several factors and see who comes out the winner.

  • The Value of Low Expectations

    By Brian Gorban - January 10, 2012 | Tickers: ATSG, DTG, EK, GM, PIR

    World-famous investor and philanthropist Warren Buffett once said, “What’s the secret of a good marriage? It's not looks, nor intelligence, nor money -- it's low expectations." I’ve found that sage wisdom to not only hold true with marriage, but stocks as well. A case in point is Eastman Kodak (NYSE: EK).

    For months now, many people have been calling for EK to either find a buyer for more »