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Weekly Guru Bargains Highlights: TFSL, THOR, CISG, VRX, DLR

December 18, 2010 | About:
guruyt

guruyt

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Last week’s top five guru bargain stocks were TFS Financial Corp, Thoratec Corp, CNinsure Inc, Valeant Pharmaceuticals International, and Digital Realty Trust Inc. According to http://www.gurufocus.com/Guru_bargins.php]GuruFocus updates, these stocks have declined the most since Gurus have bought.

TFS Financial Corp. (TFSL): Down 23% Since Steven Cohen Bought In the Quarter Ended on 2010-09-30

Steven Cohen added to his holdings in Banks company TFS Financial Corp. by 44.3% during the quarter ended 09/30/2010. He owned 20,314 shares of as of 09/30/2010. TFS Financial Corporation is a federally chartered stock holding company, conducts its activities through its wholly owned subsidiaries. Tfs Financial Corp. has a market cap of $2.51 billion; its shares were traded at around $8.15 with a P/E ratio of 271.7 and P/S ratio of 5.1.

TFSL recently reported its fourth quarter 2010 results. The Company reported net income of $11.3 million for the year ended September 30, 2010, compared to net income of $14.4 million for the year ended September 30, 2009. This change was attributed to decreases in both net interest income and non-interest income partially offset by a decrease in the provision for loan losses. The Company reported a net loss of $10.7 million for the three months ended September 30, 2010, compared to a net loss of $12.9 million for the three months ended September 30, 2009. This change was mainly attributed to a decrease in the provision for loan losses, partially offset by an increase in non-interest expense and a decrease in non-interest income.

Michael Price owns 140,000 shares as of 09/30/2010, a decrease of 64.1% of from the previous quarter. This position accounts for 0.26% of the $488 million portfolio of MFP Investors LLC.

Buy: Director Martin J Cohen bought 10,000 shares of TFSL stock on 08/09/2010 at the average price of 9.8. Martin J Cohen owns at least 37,100 shares after this. The price of the stock has decreased by 16.84% since.

Thoratec Corp. (THOR): Down 26% Since George Soros Bought In the Quarter Ended on 2010-09-30

George Soros initiated holdings in Medical Equipment company Thoratec Corp. during the quarter ended 09/30/2010. He owned 100,000 shares of as of 09/30/2010. Thoratec Corp develops, manufactures and markets proprietary medical devices used for circulatory support, vascular graft, blood coagulation and skin incision applications. Thoratec Corp. has a market cap of $1.66 billion; its shares were traded at around $28.36 with a P/E ratio of 26.7 and P/S ratio of 4.5. Thoratec Corp. had an annual average earning growth of 24.7% over the past 10 years.

For the quarter ended October 2, 2010, revenues were $91.0 million, compared with revenues of $65.1 million in the third quarter of 2009. Net income on a GAAP basis in the third quarter of 2010 was $15.5 million, or $0.26 per diluted share, versus GAAP net income of $11.8 million, or $0.20 per diluted share, in the third quarter of 2009.



George Soros bought 100,000 shares in the quarter that ended on 09/30/2010, which is 0.06% of the $6.69 billion portfolio of Soros Fund Management LLC.

Sell: Director J Daniel Cole sold 1,000 shares of THOR stock on 11/01/2010 at the average price of 33.41. J Daniel Cole owns at least 46,270 shares after this. The price of the stock has decreased by 15.12% since. Other insiders have also decreased their positions in the company.

CNinsure Inc. (CISG): Down 29% Since George Soros Bought In the Quarter Ended on 2010-09-30

George Soros added to his holdings in Full Line Insurance company CNinsure Inc. by 78.06% during the quarter ended 09/30/2010. He owned 131,158 shares of as of 09/30/2010. Cninsure Inc. is a independent insurance agency and brokerage company operating in China. Cninsure Inc. has a market cap of $843.9 million; its shares were traded at around $16.78 with a P/E ratio of 14.2 and P/S ratio of 4.9. The dividend yield of Cninsure Inc. stocks is 1.5%.

CISG recently reported its third quarter 2010 results. The company announced net revenue of RMB388.2 million (US$58.0 million), representing an increase of 30.4% from the corresponding period of 2009.

Ron Baron bought 13,000 shares in the quarter that ended on 09/30/2010, which is less than 0.01% of the $15.15 billion portfolio of Baron Funds. George Soros owns 131,158 shares as of 09/30/2010, an increase of 78.06% from the previous quarter. This position accounts for 0.05% of the $6.69 billion portfolio of Soros Fund Management LLC. Chris Davis owns 85,680 shares as of 09/30/2010, an increase of 14.55% from the previous quarter. This position accounts for less than 0.01% of the $55.71 billion portfolio of Davis Selected Advisers.

Valeant Pharmaceuticals International (VRX): Down 48% Since Ruane Cunniff Bought In the Quarter Ended on 2010-09-30

Ruane Cunniff added to his holdings in Pharmaceuticals company Valeant Pharmaceuticals International by 215.39% during the quarter ended 09/30/2010. He owned 34,024,824 shares of as of 09/30/2010. Valeant Pharmaceuticals International, Inc. is a multinational specialty pharmaceutical company that develops, manufactures and markets a broad range of pharmaceutical products primarily in the areas of neurology, dermatology and branded generics. Valeant Pharmaceuticals International has a market cap of $8.99 billion; its shares were traded at around $29.97 with a P/E ratio of 25.9 and P/S ratio of 10.9. The dividend yield of Valeant Pharmaceuticals International stocks is 1.3%. Valeant Pharmaceuticals International had an annual average earning growth of 13.7% over the past 5 years.

VRX recently reported third quarter financial results for 2010. The merger of Biovail Corporation (Legacy Biovail) and Valeant Pharmaceuticals International (Legacy Valeant) was completed on September 28, 2010. Accordingly, as required under generally accepted accounting principles, the reported third quarter results reflect the full third quarter financial results of Legacy Biovail and only 3 days' results for Legacy Valeant. The reported revenue included no contribution from Legacy Valeant; as an administrative accommodation, shipping for Legacy Valeant was cut-off in advance of the merger date. These financial statements also reflect the recognition of the assets and liabilities of Legacy Valeant acquired under the merger at their fair values.

John Griffin bought 7,251,038 shares in the quarter that ended on 09/30/2010, which is 2.81% of the $6.46 billion portfolio of Blue Ridge Capital. Ruane Cunniff owns 34,024,824 shares as of 09/30/2010, an increase of 215.39% from the previous quarter. This position accounts for 9.64% of the $8.85 billion portfolio of Ruane & Cunniff & Goldfarb Inc. Charles Brandes sold out his holdings in the quarter that ended on 09/30/2010. George Soros sold out his holdings in the quarter that ended on 09/30/2010.

Buy: Director Katharine Berghuis Stevenson bought 3,000 shares of VRX stock on 11/29/2010 at the average price of 25.33. Katharine Berghuis Stevenson owns at least 3,000 shares after this. The price of the stock has increased by 18.32% since.

Digital Realty Trust Inc. (DLR): Down 21% Since Jeremy Grantham Bought In the Quarter Ended on 2010-09-30

Jeremy Grantham initiated holdings in Real Estate Holding & Development company Digital Realty Trust Inc. during the quarter ended 09/30/2010. He owned 3,400 shares of as of 09/30/2010. Digital Realty Trust owns, acquires, repositions and manages technology-related real estate. Digital Realty Trust Inc. has a market cap of $4.38 billion; its shares were traded at around $48.32 with a P/E ratio of 15.2 and P/S ratio of 6.8. The dividend yield of Digital Realty Trust Inc. stocks is 4.4%. Digital Realty Trust Inc. had an annual average earning growth of 23.4% over the past 5 years.

Ron Baron owns 1,508,269 shares as of 09/30/2010, which accounts for 0.61% of the $15.15 billion portfolio of Baron Funds. Richard Aster Jr owns 203,154 shares as of 09/30/2010, which accounts for 0.5% of the $2.48 billion portfolio of Meridian Fund. Chris Davis owns 1,876,698 shares as of 09/30/2010, which accounts for 0.21% of the $55.71 billion portfolio of Davis Selected Advisers. Ken Heebner sold out his holdings in the quarter that ended on 09/30/2010.

Sell: CEO and Director Michael F Foust sold 10,000 shares of DLR stock on 08/17/2010 at the average price of 60.58. Michael F Foust owns at least 64,098 shares after this. The price of the stock has decreased by 20.24% since. There are mixed trades from other insiders.


Rating: 3.0/5 (2 votes)

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