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

November 19, 2011 | About:
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.

About the author:

hyperman299
Mariusz Skonieczny is the founder and president of Classic Value Investors, LLC, an investment management firms that builds and manages customized investment portfolios for its clients. He is the author of Why Are we So Clueless about the Stock Market? Learn How to Invest Your Money, How to Pick Stocks, and How to Make Money in the Stock Market. Email: mskonieczny [at] classicvalueinvestors [dot] com. Webpage: www.classicvalueinvestors.com

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