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Weekly Guru Bargains Highlights: NAV, WLK, VMC, GAME, S.

September 03, 2011 | About:
gurufocus

gurufocus

349 followers
Last week's top five guru bargain stocks were NAV, WLK, VMC, GAME, and S. According to GuruFocus updates, these stocks have declined the most since Gurus have bought.

Navistar International (NAV): Down 38% Since Joel Greenblatt Bought In the Quarter Ended on 2011-06-30

Joel Greenblatt initiated holdings in Commercial Vehicles & Trucks company Navistar International during the quarter ended 06/30/2011. His purchase prices were between $52.41 and $70.17, with an estimated average price of $63.57. Since then the prices of Navistar International shares have declined by -38% from the estimated average. Joel Greenblatt owned 10,492 shares of as of 06/30/2011.

Navistar International is a holding company and its principal operating subsidiary is Navistar Int'l Transportation Corp. Navistar International has a market cap of $2.88 billion; its shares were traded at around $39.58 with a P/E ratio of 11.1 and P/S ratio of 0.3. Navistar International had an annual average earnings growth of 2.5% over the past 5 years.

Joel Greenblatt bought 10,492 shares in the quarter that ended on 06/30/2011, which is 0.0828% of the $715 million portfolio of Gotham Capital. Arnold Schneider owns 631,593 shares as of 06/30/2011, which accounts for 2.0652% of the $1.73 billion portfolio of Schneider Capital Management. Mario Gabelli owns 2,197,003 shares as of 06/30/2011, which accounts for 0.8924% of the $13.9 billion portfolio of GAMCO Investors. David Tepper owns 650,308 shares as of 06/30/2011, which accounts for 0.8658% of the $4.24 billion portfolio of Appaloosa Management LP. George Soros sold out his holdings in the quarter that ended on 06/30/2011. Carl Icahn sold out his holdings in the quarter that ended on 03/31/2011.

Chairman, President and CEO Daniel C Ustian sold 55,469 shares of NAV stock on 04/05/2011 at the average price of 69.59. Daniel C Ustian owns at least 170,879 shares after this. The price of the stock has decreased by 43.12% since. Other insiders have also increased their positions in the company.

Westlake Chemical Corp. (WLK): Down 26% Since Pioneer Investments Bought In the Quarter Ended on 2011-06-30

Pioneer Investments initiated holdings in Commodity Chemicals company Westlake Chemical Corp. during the quarter ended 06/30/2011. His purchase prices were between $48.76 and $66.18, with an estimated average price of $56.24. Since then the prices of Westlake Chemical Corp. shares have declined by -26% from the estimated average. Pioneer Investments owned 4,576 shares of as of 06/30/2011.

Westlake Chemical Corporation is a vertically integrated international manufacturer and supplier of petrochemicals, polymers and fabricated products. Westlake Chemical Corp. has a market cap of $2.77 billion; its shares were traded at around $41.61 with a P/E ratio of 8.9 and P/S ratio of 0.9. The dividend yield of Westlake Chemical Corp. stocks is 0.6%.

WLK recently reported net income for the three months ended June 30, 2011 of $81.0 million, or $1.21 per diluted share, on sales of $925.0 million. This represents a 42% improvement over the quarter ended June 30, 2010 net income of $56.9 million, or $0.86 per diluted share, on sales of $818.4 million. Net sales for the second quarter of 2011 increased $106.6 million compared to net sales for the second quarter of 2010. This increase was primarily due to higher sales prices for all of the Company's major products.

Joel Greenblatt owns 39,785 shares as of 06/30/2011, an increase of 108.98% from the previous quarter. This position accounts for 0.2887% of the $715 million portfolio of Gotham Capital. Third Avenue Management owns 557,009 shares as of 06/30/2011, a decrease of 44.97% of from the previous quarter. This position accounts for 0.5881% of the $4.92 billion portfolio of Third Avenue Management. Ken Heebner sold out his holdings in the quarter that ended on 06/30/2011.

Sr VP, Polyethylene Jeffrey L Taylor bought 1,000 shares of WLK stock on 08/08/2011 at the average price of 37.19. Jeffrey L Taylor owns at least 21,237 shares after this. The price of the stock has increased by 11.88% since. Other insiders have decreased their positions in the company.

Vulcan Materials Co. (VMC): Down 21% Since Brian Rogers Bought In the Quarter Ended on 2011-06-30

Brian Rogers added to his holdings in Building Materials & Fixtures company Vulcan Materials Co. by 15.84% during the quarter ended 06/30/2011. His purchase prices were between $36.97 and $46.28, with an estimated average price of $41. Since then the prices of Vulcan Materials Co. shares have declined by -21% from the estimated average. Brian Rogers owned 4,388,800 shares of as of 06/30/2011.

Vulcan Materials Company is the nation's foremost producer of constructionaggregates, a major producer of other construction materials and a leadingchemicals manufacturer, supplying chloralkali and other industrial andspecialty chemicals. Vulcan Materials Co. has a market cap of $4.19 billion; its shares were traded at around $32.47 with and P/S ratio of 1.7. The dividend yield of Vulcan Materials Co. stocks is 3.1%.

Vulcan Materials Company recently reported its second quarter 2011 results. Net interest expense in the second quarter was $71 million versus $44 million in the prior year due specifically to $26.5 million of charges incurred in connection with the tender offer and debt retirement completed in June. These charges are due primarily to the difference between the purchase price and par value of the senior unsecured notes purchased in the tender offer and the noncash write-off of previously deferred issuance costs related to the debt retired in June.

Brian Rogers owns 4,388,800 shares as of 06/30/2011, an increase of 15.84% from the previous quarter. This position accounts for 0.7809% of the $21.55 billion portfolio of T Rowe Price Equity Income Fund. Jean-Marie Eveillard owns 5,505,539 shares as of 06/30/2011, an increase of 14.4% from the previous quarter. This position accounts for 0.9818% of the $21.61 billion portfolio of First Eagle Investment Management, LLC. Chris Davis owns 1,388,182 shares as of 06/30/2011, a decrease of 62.71% of from the previous quarter. This position accounts for 0.096% of the $55.69 billion portfolio of Davis Selected Advisers.

Shanda Games Ltd. (GAME): Down 21% Since Bruce Kovner Bought In the Quarter Ended on 2011-06-30

Bruce Kovner added to his holdings in Building Materials & Fixtures company Shanda Games Ltd. by 48.58% during the quarter ended 06/30/2011. His purchase prices were between $5.93 and $7.64, with an estimated average price of $6.83. Since then the prices of Shanda Games Ltd. shares have declined by -21% from the estimated average. Bruce Kovner owned 177,882 shares of as of 06/30/2011.

Shanda Games Limited is a holding company. The company through its subsidiaries engages in the development and operation of online games. Shanda Games Ltd. has a market cap of $1.53 billion; its shares were traded at around $5.4 with a P/E ratio of 7.8 and P/S ratio of 2.2.

In the second quarter of 2011, Shanda Games reported net revenues of RMB1,320.5 million (US$204.0 million), representing an increase of 18.7% from RMB1,112.7 million in the second quarter of 2010 and an increase of 5.4% from RMB1,252.6 million in the first quarter of 2011. Revenues from MMORPGs and advanced casual games accounted for 88.3% and 6.2% of total net revenues, respectively. Other revenues accounted for 5.5% of total net revenues, up from 3.7% in the second quarter of 2010 and 5.4% in the first quarter of 2011.

Sprint Nextel (S): Down 32% Since Jeremy Grantham Bought In the Quarter Ended on 2011-06-30

Jeremy Grantham initiated holdings in Fixed Line Telecommunications company Sprint Nextel during the quarter ended 06/30/2011. His purchase prices were between $4.55 and $5.93, with an estimated average price of $5.18. Since then the prices of Sprint Nextel shares have declined by -32% from the estimated average. Jeremy Grantham owned 823,400 shares of as of 06/30/2011.

Sprint Nextel offers a comprehensive range of wireless and wireline communications services to consumer, business and government customers. Sprint Nextel has a market cap of $10.56 billion; its shares were traded at around $3.53 with and P/S ratio of 0.3.

Sprint Nextel recently reported that during the second quarter of 2011, the company added nearly 1.1 million total net wireless subscribers primarily driven by net prepaid subscriber additions of 674,000, net wholesale and affiliate subscriber additions of 519,000 and net postpaid subscriber additions of 275,000 for the Sprint brand. The company achieved its best ever postpaid churn of 1.75 percent and the lowest prepaid churn in almost six years at 4.14%.

John Keeley bought 340,000 shares in the quarter that ended on 06/30/2011, which is 0.0299% of the $6.13 billion portfolio of Keeley Fund Management. Kenneth Fisher owns 13,486 shares as of 06/30/2011, which accounts for 0.0002% of the $38.22 billion portfolio of Fisher Asset Management, LLC. David Einhorn owns 55,900,000 shares as of 06/30/2011, which accounts for 6.4378% of the $4.68 billion portfolio of Greenlight Capital. Jean-Marie Eveillard owns 2,300 shares as of 06/30/2011, which accounts for 0.0001% of the $21.61 billion portfolio of First Eagle Investment Management, LLC.

President-Integrated Solutions Danny L Bowman sold 20,000 shares of S stock on 05/02/2011 at the average price of 5.22. Danny L Bowman owns at least 164,672 shares after this. The price of the stock has decreased by 32.38% since.

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gurufocus
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