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Weekly Guru Bargains Highlights: GOLD, CFFN, AKAM, BBY, AMLN

March 11, 2011 | About:
hyperman299

hyperman299

4 followers
Last week’s top five guru bargain stocks were RandGold, Capitol Federal Financial, Akamai Technologies, Best Buy, and Amylin Pharmaceuticals. According to GuruFocus updates, these stocks have declined the most since Gurus have bought.

Randgold Resources Ltd. (GOLD): Down 22% Since Jim Simons Bought In the Quarter Ended on 2010-12-31

Jim Simons added to his holdings in Gold Mining company Randgold Resources Ltd. by 1720.53% during the quarter ended 12/31/2010. He owned 345,900 shares of as of 12/31/2010. Randgold Resources is an international gold mining and exploration business. Randgold Resources Ltd. has a market cap of $6.71 billion; its shares were traded at around $73.63 with a P/E ratio of 64.5 and P/S ratio of 13.9. Randgold Resources Ltd. had an annual average earnings growth of 24.2% over the past 5 years.

Randgold recently reported its fourth quarter 2010 results. During the quarter Loulo produced 80 332 ounces of gold at a total cash cost of US$799/oz, compared to 78 198 ounces in the previous quarter at US$732/oz. Total cash costs per ounce increased by 9% quarter on quarter, mainly as a result of higher fuel prices on the back of the international increase in the crude oil price during the quarter, the impact of the rise and fall factor for the open pit contractor, increased consumable stores at the Yalea underground as well as the impact of higher royalties which were a result of higher gold revenues.

Mario Gabelli owns 1,340,000 shares as of 12/31/2010, an increase of 13.54% from the previous quarter. This position accounts for 0.41% of the $26.72 billion portfolio of GAMCO Investors. John Hussman owns 25,000 shares as of 12/31/2010, a decrease of 75% of from the previous quarter. This position accounts for 0.03% of the $6.34 billion portfolio of Hussman Economtrics Advisors, Inc..

Capitol Federal Financial Inc (CFFN): Down 51% Since Daniel Loeb Bought In the Quarter Ended on 2010-12-31

Daniel Loeb initiated holdings in Banks company Capitol Federal Financial Inc during the quarter ended 12/31/2010. He owned 750,225 shares of as of 12/31/2010. Capitol Federal Financial is a federally chartered mid-tier holding company. Capitol Federal Financial Inc has a market cap of $1.98 billion; its shares were traded at around $11.8 with a P/E ratio of 31.7 and P/S ratio of 4.7. The dividend yield of Capitol Federal Financial Inc stocks is 2.5%.

CFFN recently reported its first quarter 2011 results. For the quarter ended December 31, 2010, the Company recognized a net loss of $11.3 million, compared to net income of $21.0 million for the same period in the prior fiscal year. The net loss was due to the $40.0 million ($26.0 million, net of income tax benefit) contribution to the Foundation made in connection with the corporate reorganization. Excluding the contribution to the Foundation and related income tax benefit, net income for the quarter was $14.7 million, which was a decrease of $6.3 million compared to the same quarter in the prior year.

Michael Price bought 300,000 shares in the quarter that ended on 12/31/2010, which is 0.6% of the $593 million portfolio of MFP Investors LLC. Daniel Loeb bought 750,225 shares in the quarter that ended on 12/31/2010, which is 0.48% of the $1.88 billion portfolio of Third Point, LLC. David Einhorn bought 100,000 shares in the quarter that ended on 12/31/2010, which is 0.02% of the $4.94 billion portfolio of Greenlight Capital Inc.

Akamai Technologies Inc. (AKAM): Down 27% Since Jeremy Grantham Bought In the Quarter Ended on 2010-12-31

Jeremy Grantham added to his holdings in Internet company Akamai Technologies Inc. by 108.46% during the quarter ended 12/31/2010. He owned 105,900 shares of as of 12/31/2010. Akamai Technologies Inc. is the global service provider for accelerating content and business processes online. Akamai Technologies Inc. has a market cap of $6.77 billion; its shares were traded at around $36.2 with a P/E ratio of 35.9 and P/S ratio of 6.7. Akamai Technologies Inc. had an annual average earnings growth of 31.8% over the past 5 years.

AKAM recently reported its fourth quarter 2010 results. Fourth quarter GAAP net income increased 32 percent quarter-over-quarter and 31 percent year-over-year to $52.5 million, or $0.27 per diluted share, and full-year GAAP net income increased 17 percent year-over-year to $171.2 million, or $0.90 per diluted share.

Andreas Halvorsen bought 3,757,500 shares in the quarter that ended on 12/31/2010, which is 1.47% of the $12.06 billion portfolio of Viking Global Investors LP. Mario Gabelli owns 33,228 shares as of 12/31/2010, which accounts for 0.01% of the $26.72 billion portfolio of GAMCO Investors. PRIMECAP Management owns 940,486 shares as of 12/31/2010, which accounts for 0.07% of the $67.24 billion portfolio of PRIMECAP Management.

Sell: CEO Paul Sagan sold 25,000 shares of AKAM stock on 02/07/2011 at the average price of 48.18. Paul Sagan owns at least 154,406 shares after this. The price of the stock has decreased by 24.87% since. Other insiders have also decreased their positions in the company.

BEST BUY COMPANY INC. (BBY): Down 23% Since Pioneer Investments Bought In the Quarter Ended on 2010-12-31

Pioneer Investments added to his holdings in Specialty Retailers company Best Buy Company Inc. by 23.71% during the quarter ended 12/31/2010. The company owned 1,451,793 shares of as of 12/31/2010. Best Buy Company Inc. has a market cap of $12.43 billion; its shares were traded at around $31.52 with a P/E ratio of 9.5 and P/S ratio of 0.3. The dividend yield of Best Buy Company Inc. stocks is 1.9%. Best Buy Company Inc. had an annual average earnings growth of 16.6% over the past 10 years. GuruFocus rated Best Buy Company Inc. the business predictability rank of 5-star.

Best Buy recently reported from the Consumer Electronics Show that revenue for the fiscal month of December ended Jan. 1, 2011, decreased 1.6 percent to $8.4 billion.

George Soros bought 2,106,399 shares in the quarter that ended on 12/31/2010, which is 0.94% of the $7.69 billion portfolio of Soros Fund Management LLC. Whitney Tilson bought 37,500 shares in the quarter that ended on 12/31/2010, which is 0.4% of the $322 million portfolio of T2 Partners Management, LP. PRIMECAP Management owns 1,292,600 shares as of 12/31/2010, a decrease of 67.99% of from the previous quarter. This position accounts for 0.07% of the $67.24 billion portfolio of PRIMECAP Management. Arnold Schneider sold out his holdings in the quarter that ended on 12/31/2010.

Buy: Director Lisa Caputo bought 274 shares of BBY stock on 01/03/2011 at the average price of 34. Lisa Caputo owns at least 2,012 shares after this. The price of the stock has decreased by 7.29% since. Other insiders have also increased their positions in the company.

Amylin Pharmaceuticals Inc. (AMLN): Down 24% Since Steven Cohen Bought In the Quarter Ended on 2010-12-31

Steven Cohen added to his holdings in Biotechnology company Amylin Pharmaceuticals Inc. by 1081.84% during the quarter ended 12/31/2010. He owned 2,977,094 shares of as of 12/31/2010. 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 $1.64 billion; its shares were traded at around $11.34 with and P/S ratio of 2.5.

AMLN recently reported financial results for the quarter and year ended December 31, 2010. The Company reported total revenue of $174.2 million for the quarter ended December 31, 2010, including net product sales of $162.3 million and revenue under collaborative agreements of $11.9 million. Non-GAAP operating income was $22.9 million for the quarter ended December 31, 2010, compared to non-GAAP operating loss of $17.0 million for the same period in 2009.

Carl Icahn owns 14,381,925 shares as of 12/31/2010, an increase of 10.87% from the previous quarter. This position accounts for 3.76% of the $5.63 billion portfolio of Icahn Capital Management LP. George Soros owns 200,000 shares as of 12/31/2010, which accounts for 0.04% of the $7.69 billion portfolio of Soros Fund Management LLC. Edward Owens owns 1,357,200 shares as of 12/31/2010, which accounts for 0.11% of the $18.42 billion portfolio of Vanguard Health Care Fund.

Sell: SVP, Chief Medical Officer Orville G Kolterman sold 13,750 shares of AMLN stock on 03/01/2011 at the average price of 15.02. Orville G Kolterman owns at least 173,875 shares after this. The price of the stock has decreased by 24.5% since. Other insiders have also decreased their positions in the company.

Check out the complete list of Guru Bargains

Rating: 3.5/5 (4 votes)

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