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Weekly Guru Bargains Highlights: MTOR, TX, ACXM, ASIA, SPLS

June 05, 2011 | About:
hyperman299

hyperman299

4 followers
Last week’s top five guru bargain stocks were MTOR, TX, ACXM, ASIA, and SPLS. According to GuruFocus updates, these stocks have declined the most since Gurus have bought.

MERITOR INC. (MTOR): Down 24% Since Larry Robbins Bought In the Quarter Ended on 2011-03-31

Larry Robbins added to his holdings in Banks company Meritor Inc. by 33.43% during the quarter ended 03/31/2011. His purchase prices were between $20.02 and $20.02, with an estimated average price of $20.02. Since then the prices of MERITOR INC. shares have declined by -24% from the estimated average. Larry Robbins owned 5,388,617 shares of as of 03/31/2011.

For the second quarter of fiscal year 2011, Meritor posted sales of $1.2 billion, up 37 percent from the same period last year. This increase in sales was primarily due to stronger truck demand in the Americas and Europe. As compared to the first quarter of fiscal year 2011, sales in the second quarter were up 23 percent.

Meritor, Inc., formerly known as ArvinMeritor, Inc. Meritor Inc. has a market cap of $1.44 billion; its shares were traded at around $15.25 with a P/E ratio of 89.7 and P/S ratio of 0.4.

Sell: Chairman, CEO and President Charles G Mcclure sold 12,026 shares of MTOR stock on 01/06/2011 at the average price of 21.39. Charles G Mcclure owns at least 1,023,236 shares after this. The price of the stock has decreased by 28.71% since. Other insiders have also decreased their positions in the company.

TERNIUM S.A. AMERICAN DEP (TX): Down 21% Since Louis Moore Bacon Bought In the Quarter Ended on 2011-03-31

Louis Moore Bacon added to his holdings in Steel company Ternium S.a. American Dep by 79.37% during the quarter ended 03/31/2011. His purchase prices were between $33.78 and $43.26, with an estimated average price of $38.18. Since then the prices of TERNIUM S.A. AMERICAN DEP shares have declined by -21% from the estimated average. Louis Moore Bacon owned 226,000 shares of as of 03/31/2011.

Ternium is the producer of flat and long steel products of Latin America and consolidates the operations of the steel companies Hylsa in Mexico, Siderar in Argentina and Sidor in Venezuela. Ternium S.a. American Dep has a market cap of $6.02 billion; its shares were traded at around $30.03 with a P/E ratio of 9.7 and P/S ratio of 0.8. The dividend yield of Ternium S.a. American Dep stocks is 1.6%.

Acxiom Corp. (ACXM): Down 26% Since Kenneth Fisher Bought In the Quarter Ended on 2011-03-31

Kenneth Fisher added to his holdings in Business Support Services company Acxiom Corp. by 157.48% during the quarter ended 03/31/2011. His purchase prices were between $13.5 and $18.56, with an estimated average price of $17.13. Since then the prices of Acxiom Corp. shares have declined by -26% from the estimated average. Kenneth Fisher owned 650,200 shares of as of 03/31/2011.

Acxiom Corporation integrates data, services and technology to create and deliver customer and information management solutions for many of the largest, most respected companies in the world. Acxiom Corp. has a market cap of $1.02 billion; its shares were traded at around $12.7 with a P/E ratio of 17.1 and P/S ratio of 1. Acxiom Corp. had an annual average earnings growth of 8% over the past 10 years.

ACXM recently reported its fourth quarter and fiscal year 2011 results. Revenue increased by 3.6% in the current quarter ended March 31, 2011 to $298.8 million, compared to $288.3 million for the quarter ended March 31, 2010.

HOTCHKIS & WILEY bought 414,700 shares in the quarter that ended on 03/31/2011, which is 0.03% of the $17.91 billion portfolio of Hotchkis & Wliey Capital Management LLC. George Soros bought 11,900 shares in the quarter that ended on 03/31/2011, which is 0.0027% of the $6.42 billion portfolio of Soros Fund Management LLC. Kenneth Fisher owns 650,200 shares as of 03/31/2011, an increase of 157.48% from the previous quarter. This position accounts for 0.02% of the $37.97 billion portfolio of Fisher Asset Management, LLC. Richard Aster Jr sold out his holdings in the quarter that ended on 03/31/2011.

AsiaInfoLinkage Inc (ASIA): Down 22% Since George Soros Bought In the Quarter Ended on 2011-03-31

George Soros initiated holdings in Telecommunications Equipment company Asiainfolinkage Inc during the quarter ended 03/31/2011. His purchase prices were between $16.57 and $21.46, with an estimated average price of $19.86. Since then the prices of AsiaInfoLinkage Inc shares have declined by -22% from the estimated average. George Soros owned 9,700 shares of as of 03/31/2011.

AsiaInfo-Linkage, Inc. is engaged in providing telecommunications software solutions and IT security products and services in China. Asiainfolinkage Inc has a market cap of $1.16 billion; its shares were traded at around $15.5 with a P/E ratio of 10.7 and P/S ratio of 3.4.

Total revenues for the first quarter of 2011 were US$114.5 million, an increase of 93.2% year-over- year and 0.1% sequentially. Meeting guidance, net revenue (non-GAAP) for the first quarter of 2011 was US$108.6 million, an increase of 88.3% year-over-year and a decrease of 0.9% sequentially. The year-over-year increase was mainly due to the merger with Linkage and the sequential decrease was mainly due to the seasonality of the Company’s business.

George Soros bought 9,700 shares in the quarter that ended on 03/31/2011, which is 0.0033% of the $6.42 billion portfolio of Soros Fund Management LLC.

Sell: CEO & President Steve Zhang sold 186,583 shares of ASIA stock on 04/01/2011 at the average price of 21.48. Steve Zhang owns at least 55,404 shares after this. The price of the stock has decreased by 27.84% since. Other insiders have also decreased their positions in the company.

Staples Inc. (SPLS): Down 27% Since Pioneer Investments Bought In the Quarter Ended on 2011-03-31

Pioneer Investments added to his holdings in Specialty Retailers company Staples Inc. by 46.74% during the quarter ended 03/31/2011. His purchase prices were between $19.33 and $23.68, with an estimated average price of $21.66. Since then the prices of Staples Inc. shares have declined by -27% from the estimated average. Pioneer Investments owned 4,483,174 shares of as of 03/31/2011.

Staples.com is creating a business-to-business electronic marketplace offering a comprehensive solution for all of the officeneeds of business customers. Staples Inc. has a market cap of $11.33 billion; its shares were traded at around $15.82 with a P/E ratio of 12.3 and P/S ratio of 0.5. The dividend yield of Staples Inc. stocks is 2.5%. Staples Inc. had an annual average earnings growth of 12.2% over the past 10 years. GuruFocus rated Staples Inc. the business predictability rank of 3-star.

SPLS recently reported the results for its first quarter ended April 30, 2011. Total company sales for the first quarter of 2011 increased two percent to $6.2 billion compared to the first quarter of 2010. Net income for the first quarter of 2011 increased five percent year over year to $198 million, and diluted earnings per share, on a GAAP basis, increased eight percent to $0.28 from $0.26 in the first quarter of 2010.

Brian Rogers bought 1,500,000 shares in the quarter that ended on 03/31/2011, which is 0.14% of the $21.09 billion portfolio of T Rowe Price Equity Income Fund. David Dreman owns 1,201,693 shares as of 03/31/2011, an increase of 14.06% from the previous quarter. This position accounts for 0.44% of the $5.32 billion portfolio of Dreman Value Management.

Buy: Director Robert E Sulentic bought 15,150 shares of SPLS stock on 05/26/2011 at the average price of 16.52. Robert E Sulentic owns at least 67,385 shares after this. The price of the stock has decreased by 4.24% since.



Rating: 4.3/5 (3 votes)

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