Weekly Guru Bargains Highlights: AMLN, PPC, BXS, BBT, RF

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Nov 13, 2010
Last week’s top guru bargains were Amylin Pharmaceuticals Inc, Pilgrim's Pride Corp, BancorpSouth Inc, BB&T Corp, and Regions Financial Corp. According to GuruFocus updates, these stocks have declined the most since Gurus have bought.

Amylin Pharmaceuticals Inc. (AMLN, Financial): Down 30% Since Jim Simons Bought In the Quarter Ended on 2010-06-30

Jim Simons added to his holdings in Biotechnology company Amylin Pharmaceuticals Inc. by 3301.53% during the quarter ended 06/30/2010. He owned 445,600 shares of as of 06/30/2010. Amylin Pharmaceuticals is a biopharmaceutical company committed to improving lives through the discovery, development and commercialization of innovative medicines. Amylin Pharmaceuticals Inc. has a market cap of $1.91 billion; its shares were traded at around $13.3 with and P/S ratio of 2.5.

AMLN recently reported financial results for the quarter ended September 30, 2010. The Company reported total revenue of $156.1 million for the third quarter, including net product sales of $154.0 million. GAAP net loss for the quarter ended September 30, 2010 was $50.7 million, or $0.35 per share compared to $26.7 million, or $0.19 per share for the same period in 2009.

Edward Owens owns 1,557,200 shares as of 09/30/2010, which accounts for 0.18% of the $18.12 billion portfolio of Vanguard Health Care Fund. Carl Icahn owns 12,971,328 shares as of 06/30/2010, which accounts for 6.62% of the $0 million portfolio of Icahn Capital Management LP.

Pilgrim's Pride Corp. (PPC, Financial): Down 31% Since George Soros Bought In the Quarter Ended on 2010-06-30

George Soros initiated holdings in Food Products company Pilgrim's Pride Corp. during the quarter ended 06/30/2010. He owned 10,000 shares of as of 06/30/2010. Pilgrim's Pride is one of the largest chicken companies in the US, Mexico and Puerto Rico. Pilgrim's Pride Corp. has a market cap of $1.38 billion; its shares were traded at around $6.43 with and P/S ratio of 0.2.

George Soros bought 10,000 shares in the quarter that ended on 06/30/2010, which is less than 0.01% of the $3.31 billion portfolio of Soros Fund Management LLC. Michael Price sold out his holdings in the quarter that ended on 06/30/2010.

Buy: Director, 10% Owner Jose Jr Batista bought 7,000,000 shares of PPC stock on 11/05/2010 at the average price of 5.96. Jose Jr Batista owns at least 144,140,425 shares after this. The price of the stock has increased by 7.89% since. Other insiders have also increased their positions in the company.

BancorpSouth Inc. (BXS, Financial): Down 34% Since David Dreman Bought In the Quarter Ended on 2010-06-30

David Dreman added to his holdings in Banks company BancorpSouth Inc. by 216.86% during the quarter ended 06/30/2010. He owned 1,396,648 shares of as of 06/30/2010. BANCORPSOUTH INC, through its subsidiaries, provides a range of financialservices and products to individuals and small-to-medium size businesses. Bancorpsouth Inc. has a market cap of $1.14 billion; its shares were traded at around $13.6 with a P/E ratio of 43.8 and P/S ratio of 1.3. The dividend yield of Bancorpsouth Inc. stocks is 6.4%. Bancorpsouth Inc. had an annual average earning growth of 1.8% over the past 10 years.

BXS recently announced financial results for the quarter ended September 30, 2010. The Company had net income of $11.3 million, or $0.13 per diluted share, for the quarter compared with $21.5 million, or $0.26 per diluted share, for the third quarter of 2009.

David Dreman owns 1,396,648 shares as of 06/30/2010, an increase of 216.86% from the previous quarter. This position accounts for 0.65% of the $3.83 billion portfolio of Dreman Value Management. John Keeley owns 111,040 shares as of 06/30/2010, which accounts for 0.04% of the $5.56 billion portfolio of Keeley Fund Management.

Buy: Director Larry G Kirk bought 10,000 shares of BXS stock on 08/31/2010 at the average price of 12.76. Larry G Kirk owns at least 27,368 shares after this. The price of the stock has increased by 6.58% since. Other insiders have also increased their positions in the company.

BB&T Corp. (BBT, Financial): Down 22% Since Jim Simons Bought In the Quarter Ended on 2010-06-30

Jim Simons initiated holdings in Banks company BB&T Corp. during the quarter ended 06/30/2010. He owned 1,756,458 shares of as of 06/30/2010. BB&T Corporation is a multi-bank holding company. The company offers full-service commercial and retail banking and additional financial services such as insurance, corporate finance, international banking, leasing and trust. Bb&t Corp. has a market cap of $17.2 billion; its shares were traded at around $24.82 with a P/E ratio of 21.7 and P/S ratio of 1.6. The dividend yield of Bb&t Corp. stocks is 2.5%. Bb&t Corp. had an annual average earning growth of 0.1% over the past 10 years.

BB&T recently reported earnings for the third quarter of 2010. Net income available to common shareholders totaled $210 million, or $.30 per diluted common share, compared with $152 million, or $.23 per diluted common share, earned during the third quarter of 2009. These results reflect increases of 38.2% and 30.4%, respectively. Results include $10 million, or $.01 per share, of merger-related charges.

Kenneth Fisher bought 193,255 shares in the quarter that ended on 09/30/2010, which is 0.01% of the $31.96 billion portfolio of Fisher Asset Management, LLC. Charles Brandes owns 3,597,028 shares as of 09/30/2010, an increase of 10.01% from the previous quarter. This position accounts for 0.54% of the $16.09 billion portfolio of Brandes Investment. George Soros sold out his holdings in the quarter that ended on 06/30/2010.

Buy: CFO Daryl N. Bible bought 5,000 shares of BBT stock on 07/26/2010 at the average price of 25.54. Daryl N. Bible owns at least 55,254 shares after this. The price of the stock has decreased by 2.82% since.

Regions Financial Corp. (RF, Financial): Down 22% Since George Soros Bought In the Quarter Ended on 2010-06-30

George Soros added to his holdings in Banks company Regions Financial Corp. by 41.16% during the quarter ended 06/30/2010. He owned 80,600 shares of as of 06/30/2010. Regions Financial Corporation is a regional bank holding company and hasbanking-related subsidiaries engaged in mortgage banking, credit life insurance, leasing, and securities brokerage activities with offices in various Southeastern states. Regions Financial Corp. has a market cap of $7.72 billion; its shares were traded at around $6.15 with and P/S ratio of 0.9. The dividend yield of Regions Financial Corp. stocks is 0.6%.

RF recently reported its third quarter 2010 results. The company announced a loss of 17 cents per diluted share for the quarter ended September 30, 2010, compared to a loss of 37 cents per diluted share for the quarter ended September 30, 2009.

Richard Pzena bought 362,775 shares in the quarter that ended on 06/30/2010, which is 0.02% of the $9.7 billion portfolio of Pzena Investment Management LLC. George Soros owns 80,600 shares as of 06/30/2010, an increase of 41.16% from the previous quarter. This position accounts for 0.02% of the $3.31 billion portfolio of Soros Fund Management LLC. Michael Price sold out his holdings in the quarter that ended on 06/30/2010.