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Weekly Guru Bargains Highlights: OMC, AEG, CX, XLE, AMP

September 24, 2011 | About:

According to GuruFocus updates, these stocks have declined the most since Gurus have bought.

Omnicom Group Inc. (OMC): Down 23% Since Kenneth Fisher Bought In the Quarter Ended on 2011-06-30

Kenneth Fisher initiated holdings in Media Agencies company Omnicom Group Inc. during the quarter ended 06/30/2011. His purchase prices were between $45.01 and $49.5, with an estimated average price of $47.27. Since then the prices of Omnicom Group Inc. shares have declined by -23% from the estimated average. Kenneth Fisher owned 22,581 shares of as of 06/30/2011.

Omnicom Group Inc. provides corporate communications services to clients worldwide on a global, pan-regional, national and local basis. Omnicom Group Inc. has a market cap of $10.16 billion; its shares were traded at around $36.36 with a P/E ratio of 11.9 and P/S ratio of 0.9. The dividend yield of Omnicom Group Inc. stocks is 2.8%. Omnicom Group Inc. had an annual average earnings growth of 8.1% over the past 10 years. GuruFocus rated Omnicom Group Inc. the business predictability rank of 4-star.

OMC recently announced that its net income for the second quarter of 2011 increased 13.1% to $275.1 million from $243.3 million in the second quarter of 2010. Omnicom’s diluted net income per common share in the second quarter of 2011 increased 21.5% to $0.96 per share from $0.79 per share in the second quarter of 2010.

Joel Greenblatt bought 13,407 shares in the quarter that ended on 06/30/2011, which is 0.0903% of the $715 million portfolio of Gotham Capital. Kenneth Fisher bought 22,581 shares in the quarter that ended on 06/30/2011, which is 0.0028% of the $38.22 billion portfolio of Fisher Asset Management, LLC.

Director Errol M Cook bought 500 shares of OMC stock on 08/08/2011 at the average price of 41.17. Errol M Cook owns at least 24,603 shares after this. The price of the stock has decreased by 11.68% since.

Aegon N.V. ADS (AEG): Down 49% Since Bruce Kovner Bought In the Quarter Ended on 2011-06-30

Bruce Kovner added to his holdings in Life Insurance company Aegon N.v. Ads by 113.54% during the quarter ended 06/30/2011. His purchase prices were between $6.23 and $8.03, with an estimated average price of $7.11. Since then the prices of Aegon N.V. ADS shares have declined by -49% from the estimated average. Bruce Kovner owned 62,629 shares of as of 06/30/2011.

Aegon N.V. is an international insurance group which writes life and health insurance and offers related pension, savings and investment products in Europe, North America and the Caribbean. Aegon N.v. Ads has a market cap of $6.28 billion; its shares were traded at around $3.62 with a P/E ratio of 5.2 and P/S ratio of 0.2.

Dodge & Cox owns 88,729,443 shares as of 06/30/2011, which accounts for 0.7002% of the $86.17 billion portfolio of Dodge & Cox. David Dreman owns 13,864 shares as of 06/30/2011, which accounts for 0.0018% of the $5.23 billion portfolio of Dreman Value Management. Charles Brandes owns 17,914,007 shares as of 06/30/2011, which accounts for 0.8633% of the $14.11 billion portfolio of Brandes Investment.

Cemex S.A. de C.V. ADS (CX): Down 58% Since Chris Davis Bought In the Quarter Ended on 2011-06-30

Chris Davis added to his holdings in Building Materials & Fixtures company Cemex S.a. De C.v. Ads by 23.55% during the quarter ended 06/30/2011. His purchase prices were between $7.59 and $9.2, with an estimated average price of $8.34. Since then the prices of Cemex S.A. de C.V. ADS shares have declined by -58% from the estimated average. Chris Davis owned 30,066 shares of as of 06/30/2011.

CEMEX is one of the largest cement companies in the world, with close to 78 million metric tons of production capacity. Cemex S.a. De C.v. Ads has a market cap of $3.61 billion; its shares were traded at around $3.54 with and P/S ratio of 0.3.

Cemex recently reported its second quarter 2011 results. Consolidated net sales in the second quarter of 2011 reached US$4,091 million, representing an increase of 9% compared with the second quarter of 2010, or flat on a like‐to‐like basis for the ongoing operations.

Bill Gates bought 5,813,953 shares in the quarter that ended on 06/30/2011, which is 0.3299% of the $15.15 billion portfolio of Bill & Melinda Gates Foundation Trust. Chris Davis owns 30,066 shares as of 06/30/2011, an increase of 23.55% from the previous quarter. This position accounts for 0.0005% of the $55.69 billion portfolio of Davis Selected Advisers. Mason Hawkins owns 159,777,900 shares as of 06/30/2011, an increase of 17.21% from the previous quarter. This position accounts for 5.3746% of the $25.57 billion portfolio of Southeastern Asset Management. Dodge & Cox owns 71,535,437 shares as of 06/30/2011, an increase of 10.49% from the previous quarter. This position accounts for 0.714% of the $86.17 billion portfolio of Dodge & Cox.

Select Sector SPDREnergy (XLE): Down 22% Since Steven Cohen Bought In the Quarter Ended on 2011-06-30

Steven Cohen initiated holdings in Nonequity Investment Instruments company Select Sector Spdrenergy during the quarter ended 06/30/2011. His purchase prices were between $70.93 and $80.479, with an estimated average price of $75.48. Since then the prices of Select Sector SPDREnergy shares have declined by -22% from the estimated average. Steven Cohen owned 43,559 shares of as of 06/30/2011.

Select Sector Spdrenergy has a market cap of $5.9 billion; its shares were traded at around $58.7 . The dividend yield of Select Sector Spdrenergy stocks is 1.6%.

Ameriprise Financial (AMP): Down 34% Since Kenneth Fisher Bought In the Quarter Ended on 2011-06-30

Kenneth Fisher added to his holdings in Consumer Finance company Ameriprise Financial by 20.49% during the quarter ended 06/30/2011. His purchase prices were between $55.4 and $63.52, with an estimated average price of $60.02. Since then the prices of Ameriprise Financial shares have declined by -34% from the estimated average. Kenneth Fisher owned 144,934 shares of as of 06/30/2011.

AMERIPRISE FINANCIAL, INC. is a financial planning and services company with financial advisors and registered representatives that provides solutions for clients' asset accumulation, income management and insurance protection needs. Ameriprise Financial has a market cap of $9.39 billion; its shares were traded at around $39.77 with a P/E ratio of 7.6 and P/S ratio of 1. The dividend yield of Ameriprise Financial stocks is 2.3%.

Ameriprise Financial recently reported second quarter 2011 operating earnings of $328 million, or $1.31 per diluted share, up 21 percent from $272 million, or $1.03 per diluted share, compared to a year ago. Net income from continuing operations attributable to Ameriprise Financial was $313 million, or $1.25 per diluted share, compared to $257 million, or $0.97 per diluted share, a year ago.

Kenneth Fisher owns 144,934 shares as of 06/30/2011, an increase of 20.49% from the previous quarter. This position accounts for 0.0219% of the $38.22 billion portfolio of Fisher Asset Management, LLC. James Barrow owns 1,935,358 shares as of 06/30/2011, which accounts for 0.2253% of the $49.55 billion portfolio of Barrow, Hanley, Mewhinney & Strauss. David Dreman owns 53,646 shares as of 06/30/2011, which accounts for 0.0592% of the $5.23 billion portfolio of Dreman Value Management.

CEO, U.S. Asset Management William F Truscott sold 12,000 shares of AMP stock on 05/04/2011 at the average price of 60.08. William F Truscott owns at least 50,216 shares after this. The price of the stock has decreased by 33.8% since. There are mixed trades from other insiders.


Rating: 2.4/5 (8 votes)

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