Last week’s top five guru bargain stocks were LFT, WMS, HCBK, AIG and NBG. According to GuruFocus updates, these stocks have declined the most since Gurus have bought.
LONGTOP FINANCIAL TECHNOLOGIES Ltd. (LFT, Financial): Down 33% Since Steven Cohen Bought in the Quarter Ended on 2010-12-31
Steven Cohen added to his holdings in computer services company Longtop Financial Technologies Ltd. by 8810.81% during the quarter ended 12/31/2010. His purchase prices were between $34.82 and $42.73, with an estimated average price of $38.53. Since then the prices of Longtop Financial Technologies shares have declined by -33% from the estimated average. Steven Cohen owned 207,800 shares of as of 12/31/2010.
Longtop Financial Technologies is a software development and solutions provider targeting the financial services industry in China. Longtop Financial Technologies has a market cap of $1.46 billion; its shares were traded at around $26 with and P/S ratio of 8.65.
Lee Ainslie owns 3,912,537 shares as of 12/31/2010, which accounts for 1.5% of the $9.44 billion portfolio of Maverick Capital. Steve Mandel owns 2,104,089 shares as of 12/31/2010, a decrease of 31.41% of from the previous quarter. This position accounts for 0.63% of the $12.14 billion portfolio of Lone Pine Capital. George Soros owns 37,200 shares as of 12/31/2010, a decrease of 86.51% of from the previous quarter. This position accounts for 0.02% of the $7.69 billion portfolio of Soros Fund Management LLC.
WMS Industries Inc. (WMS, Financial): Down 25% Since Ron Baron Bought in the Quarter Ended on 2010-12-31
Ron Baron added to his holdings in gambling company WMS Industries Inc. by 46.25% during the quarter ended 12/31/2010. His purchase prices were between $38.21 and $48.75, with an estimated average price of $43.44. Since then the prices of WMS Industries shares have declined by -25% from the estimated average. Ron Baron owned 819,000 shares of as of 12/31/2010.
WMS Industries current businesses are reported in the following three operating segments: gaming; pinball and cabinets; and contract manufacturing. WMS Industries has a market cap of $1.88 billion; its shares were traded at around $32.66 with a P/E ratio of 17.56 and P/S ratio of 2.46. WMS Industries had an annual average earnings growth of 28.3% over the past 10 years.
WMS Industries recently reported preliminary results for the fiscal third quarter ended March 31, 2011. Based upon preliminary financial data, WMS Industries expects total revenue to be approximately $191 to $193 million, which is below the Company's third quarter revenue guidance range of $209 to $215 million. WMS Industries expects diluted earnings per share to be in a range of $0.40 to $0.42 per share for the March 2011 quarter.
Ron Baron owns 819,000 shares as of 12/31/2010, an increase of 46.25% from the previous quarter. This position accounts for 0.22% of the $16.91 billion portfolio of Baron Funds. Chuck Akre owns 200,000 shares as of 12/31/2010, which accounts for 1.9% of the $477 million portfolio of Akre Capital Management LLC.
Sell: Director Harold H. Jr. Bach sold 1,833 shares of WMS stock on 11/30/2010 at the average price of 44.12. Harold H. Jr. Bach owns at least 16,077 shares after this. The price of the stock has decreased by 25.97% since. Other insiders have also decreased their positions in the company.
Hudson City Bancorp Inc. (HCBK, Financial): Down 21% Since Kenneth Fisher Bought In the Quarter Ended on 2010-12-31
Kenneth Fisher added to his holdings in Banks company Hudson City Bancorp Inc. by 816.02% during the quarter ended 12/31/2010. His purchase prices were between $11.35 and $12.93, with an estimated average price of $11.96. Since then the prices of Hudson City Bancorp Inc. shares have declined by -21% from the estimated average. Kenneth Fisher owned 134,600 shares of as of 12/31/2010.
Hudson City Bancorp Inc. is a bank holding company. Through its subsidiary, Hudson City Savings, they are a community and customer-oriented savings bank that provides financial services primarily to individuals and families. Hudson City Bancorp has a market cap of $4.98 billion; its shares were traded at around $9.46 with and P/S ratio of 1.69. The dividend yield of Hudson City Bancorp stocks is 6.34%. Hudson City Bancorp had an annual average earnings growth of 28.7% over the past 10 years. GuruFocus rated Hudson City Bancorp the business predictability rank of 5-star.
Hudson City Bancorp recently reported today a net loss of $555.7 million for the quarter ended March 31, 2011 as compared to net income of $148.9 million for the quarter ended March 31, 2010. Diluted loss per share amounted to $1.13 during the first quarter of 2011 as compared to diluted earnings per share of $0.30 for the first quarter of 2010.
Kenneth Fisher owns 134,600 shares as of 12/31/2010, an increase of 816.02% from the previous quarter. This position accounts for less than 0.01% of the $35.88 billion portfolio of Fisher Asset Management LLC. Richard Aster Jr. owns 40,600 shares as of 12/31/2010, an increase of 19.41% from the previous quarter. This position accounts for 0.02% of the $2.98 billion portfolio of Meridian Fund.
AMERICAN INT'L GROUP INC. (AIG, Financial): Down 28% Since Jeremy Grantham Bought in the Quarter Ended on 2010-12-31
Jeremy Grantham added to his holdings in full line Insurance company American Int'l Group Inc. by 50.33% during the quarter ended 12/31/2010. His purchase prices were between $39.28 and $59.38, with an estimated average price of $44.93. Since then the prices of American Int'l Group shares have declined by -28% from the estimated average. Jeremy Grantham owned 342,600 shares of as of 12/31/2010.
American Int'l Group, world leaders in insurance and financial services, is the international insurance organization with operations in more than one hundred thirty countries and jurisdictions. American Int'l Group has a market cap of $57.78 billion; its shares were traded at around $32.16 with and P/S ratio of 0.87.
AIG recently reported net income of $11.2 billion for the quarter ended Dec.31, 2010, and $7.8 billion for the full year 2010. Diluted earnings per share were $16.60 for the fourth quarter and $11.60 for the full year, compared with a loss of $18.53 for the third quarter of 2010, and losses of $65.51 and $90.48 for the fourth quarter and full year of 2009, respectively.
Bruce Berkowitz owns 44,285,986 shares as of 12/31/2010, an increase of 34.57% from the previous quarter. This position accounts for 16.16% of the $15.79 billion portfolio of Fairholme Capital Management. Daniel Loeb owns 200,000 shares as of 12/31/2010, which accounts for less than 0.01% of the $1.88 billion portfolio of Third Point LLC.
Buy: 10% Owner Capital Management L Fairholme bought 1,655,665 shares of AIG stock on 12/10/2010 at the average price of 47.8. Capital Management L Fairholme owns at least 84,727,263 shares after this. The price of the stock has decreased by 32.72% since. Other insiders have also increased their positions in the company.
NATIONAL BANK OF GREECE (NBG, Financial): Down 22% Since Jim Simons Bought In the Quarter Ended on 2010-12-31
Jim Simons added to his holdings in National Bank of Greece by 56.91% during the quarter ended 12/31/2010. His purchase prices were between $1.64 and $2.64, with an estimated average price of $2.06. Since then the prices of National Bank of Greece shares have declined by -22% from the estimated average. Jim Simons owned 4,697,461 shares of as of 12/31/2010.
National Bank of Greece provides a full range of financial products and services to corporate customers and private individuals alike, including retail and corporate lending, investment banking services, insurance, asset management, brokerage, leasing and factoring. National Bank of Greece has a market cap of $4.86 billion; its shares were traded at around $1.6 with a P/E ratio of 12.31 and P/S ratio of 0.53.
LONGTOP FINANCIAL TECHNOLOGIES Ltd. (LFT, Financial): Down 33% Since Steven Cohen Bought in the Quarter Ended on 2010-12-31
Steven Cohen added to his holdings in computer services company Longtop Financial Technologies Ltd. by 8810.81% during the quarter ended 12/31/2010. His purchase prices were between $34.82 and $42.73, with an estimated average price of $38.53. Since then the prices of Longtop Financial Technologies shares have declined by -33% from the estimated average. Steven Cohen owned 207,800 shares of as of 12/31/2010.
Longtop Financial Technologies is a software development and solutions provider targeting the financial services industry in China. Longtop Financial Technologies has a market cap of $1.46 billion; its shares were traded at around $26 with and P/S ratio of 8.65.
Lee Ainslie owns 3,912,537 shares as of 12/31/2010, which accounts for 1.5% of the $9.44 billion portfolio of Maverick Capital. Steve Mandel owns 2,104,089 shares as of 12/31/2010, a decrease of 31.41% of from the previous quarter. This position accounts for 0.63% of the $12.14 billion portfolio of Lone Pine Capital. George Soros owns 37,200 shares as of 12/31/2010, a decrease of 86.51% of from the previous quarter. This position accounts for 0.02% of the $7.69 billion portfolio of Soros Fund Management LLC.
WMS Industries Inc. (WMS, Financial): Down 25% Since Ron Baron Bought in the Quarter Ended on 2010-12-31
Ron Baron added to his holdings in gambling company WMS Industries Inc. by 46.25% during the quarter ended 12/31/2010. His purchase prices were between $38.21 and $48.75, with an estimated average price of $43.44. Since then the prices of WMS Industries shares have declined by -25% from the estimated average. Ron Baron owned 819,000 shares of as of 12/31/2010.
WMS Industries current businesses are reported in the following three operating segments: gaming; pinball and cabinets; and contract manufacturing. WMS Industries has a market cap of $1.88 billion; its shares were traded at around $32.66 with a P/E ratio of 17.56 and P/S ratio of 2.46. WMS Industries had an annual average earnings growth of 28.3% over the past 10 years.
WMS Industries recently reported preliminary results for the fiscal third quarter ended March 31, 2011. Based upon preliminary financial data, WMS Industries expects total revenue to be approximately $191 to $193 million, which is below the Company's third quarter revenue guidance range of $209 to $215 million. WMS Industries expects diluted earnings per share to be in a range of $0.40 to $0.42 per share for the March 2011 quarter.
Ron Baron owns 819,000 shares as of 12/31/2010, an increase of 46.25% from the previous quarter. This position accounts for 0.22% of the $16.91 billion portfolio of Baron Funds. Chuck Akre owns 200,000 shares as of 12/31/2010, which accounts for 1.9% of the $477 million portfolio of Akre Capital Management LLC.
Sell: Director Harold H. Jr. Bach sold 1,833 shares of WMS stock on 11/30/2010 at the average price of 44.12. Harold H. Jr. Bach owns at least 16,077 shares after this. The price of the stock has decreased by 25.97% since. Other insiders have also decreased their positions in the company.
Hudson City Bancorp Inc. (HCBK, Financial): Down 21% Since Kenneth Fisher Bought In the Quarter Ended on 2010-12-31
Kenneth Fisher added to his holdings in Banks company Hudson City Bancorp Inc. by 816.02% during the quarter ended 12/31/2010. His purchase prices were between $11.35 and $12.93, with an estimated average price of $11.96. Since then the prices of Hudson City Bancorp Inc. shares have declined by -21% from the estimated average. Kenneth Fisher owned 134,600 shares of as of 12/31/2010.
Hudson City Bancorp Inc. is a bank holding company. Through its subsidiary, Hudson City Savings, they are a community and customer-oriented savings bank that provides financial services primarily to individuals and families. Hudson City Bancorp has a market cap of $4.98 billion; its shares were traded at around $9.46 with and P/S ratio of 1.69. The dividend yield of Hudson City Bancorp stocks is 6.34%. Hudson City Bancorp had an annual average earnings growth of 28.7% over the past 10 years. GuruFocus rated Hudson City Bancorp the business predictability rank of 5-star.
Hudson City Bancorp recently reported today a net loss of $555.7 million for the quarter ended March 31, 2011 as compared to net income of $148.9 million for the quarter ended March 31, 2010. Diluted loss per share amounted to $1.13 during the first quarter of 2011 as compared to diluted earnings per share of $0.30 for the first quarter of 2010.
Kenneth Fisher owns 134,600 shares as of 12/31/2010, an increase of 816.02% from the previous quarter. This position accounts for less than 0.01% of the $35.88 billion portfolio of Fisher Asset Management LLC. Richard Aster Jr. owns 40,600 shares as of 12/31/2010, an increase of 19.41% from the previous quarter. This position accounts for 0.02% of the $2.98 billion portfolio of Meridian Fund.
AMERICAN INT'L GROUP INC. (AIG, Financial): Down 28% Since Jeremy Grantham Bought in the Quarter Ended on 2010-12-31
Jeremy Grantham added to his holdings in full line Insurance company American Int'l Group Inc. by 50.33% during the quarter ended 12/31/2010. His purchase prices were between $39.28 and $59.38, with an estimated average price of $44.93. Since then the prices of American Int'l Group shares have declined by -28% from the estimated average. Jeremy Grantham owned 342,600 shares of as of 12/31/2010.
American Int'l Group, world leaders in insurance and financial services, is the international insurance organization with operations in more than one hundred thirty countries and jurisdictions. American Int'l Group has a market cap of $57.78 billion; its shares were traded at around $32.16 with and P/S ratio of 0.87.
AIG recently reported net income of $11.2 billion for the quarter ended Dec.31, 2010, and $7.8 billion for the full year 2010. Diluted earnings per share were $16.60 for the fourth quarter and $11.60 for the full year, compared with a loss of $18.53 for the third quarter of 2010, and losses of $65.51 and $90.48 for the fourth quarter and full year of 2009, respectively.
Bruce Berkowitz owns 44,285,986 shares as of 12/31/2010, an increase of 34.57% from the previous quarter. This position accounts for 16.16% of the $15.79 billion portfolio of Fairholme Capital Management. Daniel Loeb owns 200,000 shares as of 12/31/2010, which accounts for less than 0.01% of the $1.88 billion portfolio of Third Point LLC.
Buy: 10% Owner Capital Management L Fairholme bought 1,655,665 shares of AIG stock on 12/10/2010 at the average price of 47.8. Capital Management L Fairholme owns at least 84,727,263 shares after this. The price of the stock has decreased by 32.72% since. Other insiders have also increased their positions in the company.
NATIONAL BANK OF GREECE (NBG, Financial): Down 22% Since Jim Simons Bought In the Quarter Ended on 2010-12-31
Jim Simons added to his holdings in National Bank of Greece by 56.91% during the quarter ended 12/31/2010. His purchase prices were between $1.64 and $2.64, with an estimated average price of $2.06. Since then the prices of National Bank of Greece shares have declined by -22% from the estimated average. Jim Simons owned 4,697,461 shares of as of 12/31/2010.
National Bank of Greece provides a full range of financial products and services to corporate customers and private individuals alike, including retail and corporate lending, investment banking services, insurance, asset management, brokerage, leasing and factoring. National Bank of Greece has a market cap of $4.86 billion; its shares were traded at around $1.6 with a P/E ratio of 12.31 and P/S ratio of 0.53.
