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Weekly Guru Bargains Highlights: DAN, HUN, AG, CIE, CAR

November 19, 2011 | About:
hyperman299

hyperman299

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

Dana Holding (DAN): Down 29% Since Jeremy Grantham Bought In the Quarter Ended on 2011-06-30

Jeremy Grantham initiated holdings in Auto Parts company Dana Holding during the quarter ended 06/30/2011. His purchase prices were between $15.88 and $18.57, with an estimated average price of $17.41. Since then the prices of Dana Holding shares have declined by -29% from the estimated average. Jeremy Grantham owned 231,800 shares of as of 06/30/2011.

DANA HOLDING CORP is a world leader in the supply of axles; driveshafts; and structural, sealing, and thermal-management products; as well as genuine service parts. Dana Holding has a market cap of $1.82 billion; its shares were traded at around $12.37 with a P/E ratio of 9.6 and P/S ratio of 0.3.

DAN recently reported its third quarter 2011 results. The company recorded third-quarter net income of $110 million, which included a $60 million gain from the sale of interests in two joint ventures to Getrag, and adjusted EBITDA of $200 million; these compared to $46 million and $148 million, respectively, for the prior-year period. Year-to-date net income was $148 million, compared to $24 million in 2010.

David Tepper bought 46,173 shares in the quarter that ended on 09/30/2011, which is 0.0314% of the $1.54 billion portfolio of Appaloosa Management LP. George Soros bought 19,800 shares in the quarter that ended on 09/30/2011, which is 0.0036% of the $5.83 billion portfolio of Soros Fund Management LLC. Mario Gabelli owns 2,173,000 shares as of 09/30/2011, which accounts for 0.2084% of the $10.95 billion portfolio of GAMCO Investors. John Keeley owns 1,944,704 shares as of 09/30/2011, which accounts for 0.4625% of the $4.42 billion portfolio of Keeley Fund Management. Donald Smith owns 2,695,142 shares as of 09/30/2011, which accounts for 1.0355% of the $2.73 billion portfolio of Donald Smith & Co..

President & CEO Roger Wood bought 12,940 shares of DAN stock on 08/03/2011 at the average price of 15.45. Roger Wood owns at least 41,340 shares after this. The price of the stock has decreased by 19.94% since. There are mixed trades from other insiders.

Huntsman Corp. (HUN): Down 43% Since George Soros Bought In the Quarter Ended on 2011-06-30

George Soros added to his holdings in Commodity Chemicals company Huntsman Corp. by 53.13% during the quarter ended 06/30/2011. His purchase prices were between $16.8 and $20.91, with an estimated average price of $18.75. Since then the prices of Huntsman Corp. shares have declined by -43% from the estimated average. George Soros owned 19,600 shares of as of 06/30/2011.

Huntsman Corporation is among the world's largest global manufacturers of differentiated and commodity chemical products for a variety of industrial and consumer applications. Huntsman Corp. has a market cap of $2.6 billion; its shares were traded at around $10.76 with a P/E ratio of 6.6 and P/S ratio of 0.3. The dividend yield of Huntsman Corp. stocks is 3.7%.

Huntsman Corp. recently reported its third quarter 20-11 results. The company announced that its revenues improved 24% year over year. Adjusted EBITDA improved 26%, to $345 year over year.

David Dreman bought 1,624,158 shares in the quarter that ended on 09/30/2011, which is 0.3931% of the $4 billion portfolio of Dreman Value Management. Michael Price owns 380,000 shares as of 09/30/2011, which accounts for 0.654% of the $562 million portfolio of MFP Investors LLC. Mario Gabelli owns 470,000 shares as of 09/30/2011, which accounts for 0.0415% of the $10.95 billion portfolio of GAMCO Investors.

President, CEO Peter R Huntsman bought 100,000 shares of HUN stock on 08/08/2011 at the average price of 11.37. Peter R Huntsman owns at least 22,729,004 shares after this. The price of the stock has decreased by 5.36% since. There are mixed trades from other insiders.

First Majestic Silver Corp (AG): Down 23% Since Steven Cohen Bought In the Quarter Ended on 2011-06-30

Steven Cohen added to his holdings in Commercial Vehicles & Trucks company First Majestic Silver Corp by 84.53% during the quarter ended 06/30/2011. His purchase prices were between $16.38 and $25.61, with an estimated average price of $19.72. Since then the prices of First Majestic Silver Corp shares have declined by -23% from the estimated average. Steven Cohen owned 23,022 shares of as of 06/30/2011.

First Majestic Silver Corp. is engaged in the production, development, exploration, and acquisition of silver mines in Mexico. First Majestic Silver Corp has a market cap of $1.59 billion; its shares were traded at around $15.15 with a P/E ratio of 15.7 and P/S ratio of 13.6.

Cobalt International Energy (CIE): Down 26% Since Mario Gabelli Bought In the Quarter Ended on 2011-06-30

Mario Gabelli added to his holdings in Exploration & Production company Cobalt International Energy by 140% during the quarter ended 06/30/2011. His purchase prices were between $12.39 and $16.64, with an estimated average price of $13.73. Since then the prices of Cobalt International Energy shares have declined by -26% from the estimated average. Mario Gabelli owned 72,000 shares of as of 06/30/2011.

Cobalt International Energy, Inc., through its subsidiary Cobalt International Energy, L. Cobalt International Energy has a market cap of $3.97 billion; its shares were traded at around $10.13 .

CIE recently reported its third quarter 2011 results. The company announced a net loss of $47 million, or $0.12 per basic and diluted share for the third quarter of 2011, compared to a net loss of $35 million, or $0.10 per basic and diluted share, for the third quarter of 2010.

Mario Gabelli owns 72,000 shares as of 09/30/2011, which accounts for 0.0051% of the $10.95 billion portfolio of GAMCO Investors. HOTCHKIS & WILEY owns 11,020,684 shares as of 09/30/2011, which accounts for 0.6199% of the $13.71 billion portfolio of Hotchkis & Wliey Capital Management LLC.

Chairman of the Board and CEO Joseph H Bryant bought 8,000 shares of CIE stock on 09/01/2011 at the average price of 9.62. Joseph H Bryant owns at least 5,401,259 shares after this. The price of the stock has increased by 5.3% since. Other insiders have also increased their positions in the company.

Avis Budget Group Inc. (CAR): Down 28% Since Steven Cohen Bought In the Quarter Ended on 2011-06-30

Steven Cohen added to his holdings in Travel & Tourism company Avis Budget Group Inc. by 418.65% during the quarter ended 06/30/2011. His purchase prices were between $15.7 and $19.2, with an estimated average price of $17.53. Since then the prices of Avis Budget Group Inc. shares have declined by -28% from the estimated average. Steven Cohen owned 120,208 shares of as of 06/30/2011.

Avis Budget Group, Inc. is a provider of vehicle rental services, with operations in more than seventy countries. Avis Budget Group Inc. has a market cap of $1.32 billion; its shares were traded at around $12.59 with a P/E ratio of 7.4 and P/S ratio of 0.3.

CAR recently reported revenue of $1.6 billion, an increase of 7% versus third quarter 2010. Excluding certain items, Adjusted EBITDA increased 24% to $272 million and margins expanded by 230 basis points compared to the prior-year third quarter. Net income was $129 million and diluted earnings per share increased to $1.02, excluding certain items.

Ken Heebner bought 305,000 shares in the quarter that ended on 09/30/2011, which is 0.069% of the $4.27 billion portfolio of Capital Growth Management LP. John Keeley owns 2,816,785 shares as of 09/30/2011, an increase of 10.28% from the previous quarter. This position accounts for 0.6169% of the $4.42 billion portfolio of Keeley Fund Management. George Soros sold out his holdings in the quarter that ended on 09/30/2011.

EVP, Strategy W Scott Deaver bought 1,000 shares of CAR stock on 10/17/2011 at the average price of 11.78. W Scott Deaver owns at least 55,189 shares after this. The price of the stock has increased by 6.88% since. Other insiders have also increased their positions in the company.


Rating: 2.8/5 (8 votes)

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