Weekly Guru Bargains Highlights: FTR, HUN, HFC, DNDN, PEGA

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Jan 09, 2012
According to GuruFocus updates, these stocks have declined the most since Gurus bought them.


Frontier Communications Corp. (FTR, Financial): Down 29% Since Louis Moore Bacon Bought in the Quarter Ended on 2011-09-30


Louis Moore Bacon initiated holdings in Frontier Communications Corp. during the quarter ended 09/30/2011. His purchase prices were between $6.13 and $8.2, with an estimated average price of $7.23. Since then the prices of Frontier Communications Corp. shares have declined by -29% from the estimated average. Louis Moore Bacon owned 1,500,000 shares of as of 09/30/2011.


Frontier Communications Corp., formerly Citizens Communications Company, is a full-service communications provider and one of the largest rural local exchange telephone companies in the country. Frontier Communications Corp. has a market cap of $5.09 billion; its shares were traded at around $5.11 with a P/E ratio of 23.2 and P/S ratio of 1.4. The dividend yield of Frontier Communications Corp. stocks is 14.7%.


Prem Watsa owns 18,620,000 shares as of 09/30/2011, which accounts for 5.5401% of the $2.05 billion portfolio of Fairfax Financial Holdings. NWQ Managers owns 754,442 shares as of 09/30/2011, which accounts for 0.0297% of the $14.89 billion portfolio of NWQ Investment Management Co.


Chairman and CEO Mary Agnes Wilderotter bought 48,000 shares of FTR stock on 11/21/2011 at the average price of $5.25. Mary Agnes Wilderotter owns at least 2,289,238 shares after this. The price of the stock has decreased by 2.67% since. Other insiders have also decreased their positions in the company.


Huntsman Corp. (HUN, Financial): Down 33% Since Steven Cohen Bought in the Quarter Ended on 2011-09-30


Steven Cohen added to his holdings in Commodity Chemicals company Huntsman Corp. by 1436.85% during the quarter ended 09/30/2011. His purchase prices were between $9.86 and $20.17, with an estimated average price of $14.87. Since then the prices of Huntsman Corp. shares have declined by -33% from the estimated average. Steven Cohen owned 247,970 shares of as of 09/30/2011.


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 $2.35 billion; its shares were traded at around $9.9 with a P/E ratio of 6.1 and P/S ratio of 0.3. The dividend yield of Huntsman Corp. stocks is 4%.


Huntsman recently reported its third quarter 2011 results. Revenues improved 24% compared to the prior year period. Adjusted EBITDA improved 26% to $345 million compared to the prior year period.


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 and 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 12.93% since.


HollyFrontier (HFC, Financial): Down 22% Since George Soros Bought in the Quarter Ended on 2011-09-30


George Soros initiated holdings in Exploration & Production company Hollyfrontier during the quarter ended 09/30/2011. His purchase prices were between $25.59 and $38.2, with an estimated average price of $34.28. Since then the prices of HollyFrontier shares have declined by -22% from the estimated average. George Soros owned 31,100 shares of as of 09/30/2011.


HollyFrontier Corporation is engaged in refining petroleum. HollyFrontier has a market cap of $5.61 billion; its shares were traded at around $26.82 with a P/E ratio of 5.2 and P/S ratio of 0.6. The dividend yield of HollyFrontier stocks is 1.5%. HollyFrontier had an annual average earnings growth of 19% over the past 10 years.


HollyFrontier recently reported record quarterly net income attributable to HollyFrontier stockholders of $523.1 million or $2.48 per diluted share for the quarter ended Sept. 30, 2011, compared to$51.2 million or $0.48 per diluted share for the quarter ended Sept. 30, 2010. For the nine months ended Sept. 30, 2011, net income attributable to HollyFrontier stockholders totaled $800 million or $5.63 per diluted share compared to $89.2 million or $0.83 per diluted share for the nine months ended Sept. 30, 2010.


Daniel Loeb bought 3,350,000 shares in the quarter that ended on 09/30/2011, which is 4.1647% of the $2.11 billion portfolio of Third Point LLC. David Tepper bought 1,599,244 shares in the quarter that ended on 09/30/2011, which is 2.7174% of the $1.54 billion portfolio of Appaloosa Management LP. Ray Dalio bought 599,591 shares in the quarter that ended on 09/30/2011, which is 0.23% of the $6.71 billion portfolio of Bridgewater Associates. George Soros bought 31,100 shares in the quarter that ended on 09/30/2011, which is 0.014% of the $5.83 billion portfolio of Soros Fund Management LLC.


CEO and President Michael Jennings bought 2,000 shares of HFC stock on 11/21/2011 at the average price of $24.11. Michael Jennings owns at least 473,056 shares after this. The price of the stock has increased by 11.24% since. There are mixed trades from other insiders.


Dendreon Corp. (DNDN, Financial): Down 43% Since Manning & Napier Advisors Inc Bought in the Quarter Ended on 2011-09-30


Manning & Napier Advisors Inc added to his holdings in Biotechnology company Dendreon Corp. by 269.7% during the quarter ended 09/30/2011. His purchase prices were between $9.12 and $41.64, with an estimated average price of $21.66. Since then the prices of Dendreon Corp. shares have declined by -43% from the estimated average. Manning & Napier Advisors, Inc owned 896,570 shares of as of 09/30/2011.


Dendreon Corporation discovers and develops immunologically based therapeutic products for the treatment of cancer. Dendreon Corp. has a market cap of $1.84 billion; its shares were traded at around $12.35 with and P/S ratio of 38.1. Dendreon Corp. had an annual average earnings growth of 2.9% over the past 10 years.


DNDN recently announced revenue for the fourth quarter ended Dec. 31, 2011, reporting gross product revenue of approximately $82 million. This represents approximately 25% growth over the third quarter ended Sept. 30, 2011, and approximately 230% growth compared to the fourth quarter ended Dec. 31, 2010.


PRIMECAP Management owns 8,280,160 shares as of 09/30/2011, which accounts for 0.1298% of the $57.41 billion portfolio of PRIMECAP Management. George Soros owns 612,500 shares as of 09/30/2011, which accounts for 0.0946% of the $5.83 billion portfolio of Soros Fund Management LLC.


Director Susan B. Bayh bought 20,000 shares of DNDN stock on 09/09/2011 at the average price of $11.05. Susan B. Bayh owns at least 40,757 shares after this. The price of the stock has increased by 11.76% since. Other insiders have also decreased their positions in the company.


Pegasystems Inc. (PEGA, Financial): Down 32% Since Steven Cohen Bought in the Quarter Ended on 2011-09-30


Steven Cohen initiated holdings in Software company Pegasystems Inc. during the quarter ended 09/30/2011. His purchase prices were between $31.68 and $46.93, with an estimated average price of $39.67. Since then the prices of Pegasystems Inc. shares have declined by -32% from the estimated average. Steven Cohen owned 8,084 shares of as of 09/30/2011.


Pegasystems Inc. is a provider of Customer Relationship Management software that enables transaction-intensive organizations to manage a broad array of customer interactions. Pegasystems Inc. has a market cap of $1.02 billion; its shares were traded at around $27.04 with a P/E ratio of 67.6 and P/S ratio of 3. The dividend yield of Pegasystems Inc. stocks is 0.4%.


Ron Baron owns 2,574,093 shares as of 09/30/2011, which accounts for 0.5485% of the $14.37 billion portfolio of Baron Funds.


CFO and Senior Vice President Craig A. Dynes sold 12,219 shares of PEGA stock on 08/15/2011 at the average price of $43.65. Craig A. Dynes owns at least 4,071 shares after this. The price of the stock has decreased by 38.05% since. Other insiders have also decreased their positions in the company.