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Weekly Guru Bargains Highlights: XCO, ACI, AIG, EEQ, LAMR

July 09, 2011 | About:
GuruFocus

hyperman299

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Last week’s top five guru bargains were XCO, ACI, AIG, EEQ and LAMR. According to GuruFocus updates, these stocks have declined the most since Gurus have bought.

EXCO Resources (XCO): Down 21% Since Richard Perry Bought In the Quarter Ended on 2011-03-31

Richard Perry initiated holdings in Exploration & Production company Exco Resources during the quarter ended 03/31/2011. His purchase prices were between $18.98 and $20.65, with an estimated average price of $20.04. Since then the prices of EXCO Resources shares have declined by -21% from the estimated average. Richard Perry owned 2,200,000 shares of as of 03/31/2011.

EXCO Resources, Inc. is an independent oil and natural gas company engaged in the acquisition, development and exploitation of onshore North American oil and natural gas properties. Exco Resources has a market cap of $3.39 billion; its shares were traded at around $15.85 with a P/E ratio of 30.5 and P/S ratio of 6.6. The dividend yield of Exco Resources stocks is 0.9%.

Richard Perry bought 2,200,000 shares in the quarter that ended on 03/31/2011, which is 1.47% of the $3.08 billion portfolio of Perry Capital. John Keeley bought 56,000 shares in the quarter that ended on 03/31/2011, which is 0.02% of the $6.54 billion portfolio of Keeley Fund Management.

Arch Coal Inc. (ACI): Down 22% Since Chuck Royce Bought In the Quarter Ended on 2011-03-31

Chuck Royce added to his holdings in Coal company Arch Coal Inc. by 32.38% during the quarter ended 03/31/2011. His purchase prices were between $31.61 and $35.99, with an estimated average price of $34.03. Since then the prices of Arch Coal Inc. shares have declined by -22% from the estimated average. Chuck Royce owned 107,518 shares of as of 03/31/2011.

ASHLAND COAL, INC. is engaged in the mining, processing and marketing of low-sulfur bituminous coal. Arch Coal Inc. has a market cap of $5.63 billion; its shares were traded at around $26.69 with a P/E ratio of 18.2 and P/S ratio of 1.8. The dividend yield of Arch Coal Inc. stocks is 1.7%. Arch Coal Inc. had an annual average earnings growth of 10.2% over the past 5 years.

ACI recently reported first quarter 2011 net income of $55.6 million, or $0.34 per diluted share, versus a net loss in the prior-year quarter. Excluding non-cash amortization of acquired coal supply agreements, adjusted net income for the first quarter of 2011 was $59.4 million, or $0.36 per diluted share, compared with net income of $5.0 million, or $0.03 per diluted share, in the first quarter of 2010.

Jean-Marie Eveillard owns 1,058,200 shares as of 03/31/2011, an increase of 53.58% from the previous quarter. This position accounts for 0.19% of the $19.9 billion portfolio of First Eagle Investment Management, LLC. Arnold Schneider owns 4,187,676 shares as of 03/31/2011, which accounts for 8.31% of the $1.82 billion portfolio of Schneider Capital Management.

Director Peter I Wold bought 1,000 shares of ACI stock on 02/04/2011 at the average price of 33.3. Peter I Wold owns at least 1,500 shares after this. The price of the stock has decreased by 19.85% since. Other insiders have decreased their positions in the company.

American International Group Inc. (AIG): Down 38% Since Fairholme Fund Bought In the Quarter Ended on 2011-02-28

Fairholme Fund added to his holdings in Full Line Insurance company American International Group Inc. by 7.7% during the quarter ended 02/28/2011. His purchase prices were between $38.54 and $61.18, with an estimated average price of $48.22. Since then the prices of American International Group Inc. shares have declined by -38% from the estimated average. Fairholme Fund owned 40,432,939 shares of as of 02/28/2011.

American International Group, Inc., world leaders in insurance and financial services, is the international insurance organization with operations in more than one hundred thirty countries and jurisdictions. American International Group Inc. has a market cap of $56.79 billion; its shares were traded at around $29.94 with and P/S ratio of 0.8.

American International Group recently reported net income attributable to AIG of $269 million and after-tax operating income of $2.0 billion for the quarter ended March 31, 2011, compared to net income of $1.8 billion and after- tax operating income of $637 million for the first quarter of 2010. The diluted loss per share was $0.35 for the first quarter of 2011, compared with earnings per share of $2.66 for the first quarter of 2010. The 2011 first quarter after-tax operating income per share of $1.30 compared with after-tax operating income per share of $0.95 for the first quarter last year.

Bruce Berkowitz owns 44,198,015 shares as of 03/31/2011, which accounts for 10.76% of the $14.44 billion portfolio of Fairholme Capital Management.

Director W Don Cornwell bought 500 shares of AIG stock on 05/27/2011 at the average price of 28.66. W Don Cornwell owns at least 2,500 shares after this. The price of the stock has increased by 4.47% since.

Enbridge Energy Management L.L.C. (EEQ): Down 28% Since Jim Simons Bought In the Quarter Ended on 2011-03-31

Jim Simons added to his holdings in Pipelines company Enbridge Energy Management L.l.c. by 130.58% during the quarter ended 03/31/2011. His purchase prices were between $30.65 and $64.013, with an estimated average price of $43.04. Since then the prices of Enbridge Energy Management L.L.C. shares have declined by -28% from the estimated average. Jim Simons owned 51,825 shares of as of 03/31/2011.

Enbridge Energy Management is a Delaware limited liability company. Enbridge Energy Management L.l.c. has a market cap of $1.12 billion; its shares were traded at around $30.83 with and P/S ratio of 32.1.

Lamar Advertising Company (LAMR): Down 28% Since Joel Greenblatt Bought In the Quarter Ended on 2011-03-31

Joel Greenblatt initiated holdings in Media Agencies company Lamar Advertising Company during the quarter ended 03/31/2011. His purchase prices were between $34.93 and $41.54, with an estimated average price of $38.3. Since then the prices of Lamar Advertising Company shares have declined by -28% from the estimated average. Joel Greenblatt owned 7,205 shares of as of 03/31/2011.

Lamar Advertising Company is one of the largest and most experienced owners and operators of outdoor advertising structures in the United States. Lamar Advertising Company has a market cap of $2.56 billion; its shares were traded at around $27.54 with and P/S ratio of 2.4. Lamar Advertising Company had an annual average earnings growth of 5.9% over the past 10 years. GuruFocus rated Lamar Advertising Company the business predictability rank of 3.5-star.

Lamar reported net revenues of $255.2 million for the first quarter of 2011 versus $244.1 million for the first quarter of 2010, a 4.5% increase. Operating income for the first quarter of 2011 was $25.6 million as compared to $10.8 million for the same period in 2010. There was a net loss of $13.2 million for the first quarter of 2011 compared to a net loss of $24.8 million for the first quarter of 2010.

Joel Greenblatt bought 7,205 shares in the quarter that ended on 03/31/2011, which is 0.08% of the $333 million portfolio of Gotham Capital. Chuck Akre owns 1,257,423 shares as of 03/31/2011, which accounts for 9.02% of the $515 million portfolio of Akre Capital Management, LLC. Ron Baron owns 2,583,850 shares as of 03/31/2011, a decrease of 25.66% of from the previous quarter. This position accounts for 0.52% of the $18.46 billion portfolio of Baron Funds. Mario Gabelli sold out his holdings in the quarter that ended on 03/31/2011.


Rating: 2.9/5 (10 votes)

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