Weekly Guru Bargains Highlights: MCP, NRGY, EXPE, PEGA, PNE

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Jan 29, 2012
According to GuruFocus updates, these stocks have declined the most since Gurus have bought.


Molycorp (MCP, Financial): Down 40% Since Paul Tudor Jones Bought In the Quarter Ended on 2011-09-30


Paul Tudor Jones added to his holdings in Business Support Services company Molycorp by 128.89% during the quarter ended 09/30/2011. His purchase prices were between $34.06 and $64.53, with an estimated average price of $52.84. Since then the prices of Molycorp shares have declined by -40% from the estimated average. Paul Tudor Jones owned 10,300 shares of as of 09/30/2011.


Molycorp, Inc. produces rare earth oxide (REO) in the Western hemisphere. Molycorp has a market cap of $2.71 billion; its shares were traded at around $31.72 with a P/E ratio of 28.2 and P/S ratio of 77.


Ron Baron owns 2,852,784 shares as of 09/30/2011, which accounts for 0.6528% of the $14.37 billion portfolio of Baron Funds. David Williams owns 381,875 shares as of 09/30/2011, which accounts for 0.28% of the $4.46 billion portfolio of Columbia Value and Restructuring Fund. Mario Gabelli owns 121,000 shares as of 09/30/2011, which accounts for 0.0363% of the $10.95 billion portfolio of GAMCO Investors.


Inergy L.P. (NRGY, Financial): Down 42% Since Jim Simons Bought In the Quarter Ended on 2011-09-30


Jim Simons initiated holdings in Gas Distribution company Inergy L.p. during the quarter ended 09/30/2011. His purchase prices were between $25.45 and $35.81, with an estimated average price of $29.82. Since then the prices of Inergy L.P. shares have declined by -42% from the estimated average. Jim Simons owned 348,754 shares of as of 09/30/2011.


Inergy, L.P. owns and operates a rapidly growing retail and wholesale propane marketing and distribution business. Inergy L.p. has a market cap of $2.02 billion; its shares were traded at around $17.33 with a P/E ratio of 20.2 and P/S ratio of 0.9. The dividend yield of Inergy L.p. stocks is 16.8%. Inergy L.p. had an annual average earnings growth of 9.5% over the past 10 years.


Inergy reported Adjusted EBITDA of $372.2 million for the year ended September 30, 2011, an increase of $48.3 million, or approximately 15%, from $323.9 million for the year ended September 30, 2010. Net loss was $10.6 million for the year ended September 30, 2011, and $46.4 million in fiscal 2010.


John Keeley owns 12,789 shares as of 09/30/2011, an increase of 17.99% from the previous quarter. This position accounts for 0.0072% of the $4.42 billion portfolio of Keeley Fund Management. John Keeley owns 12,789 shares as of 09/30/2011, which accounts for 0.0072% of the $4.42 billion portfolio of Keeley Fund Management. Jean-Marie Eveillard owns 282,977 shares as of 09/30/2011, which accounts for 0.0353% of the $20.08 billion portfolio of First Eagle Investment Management, LLC.


President - Inergy Services William C Gautreaux bought 20,000 shares of NRGY stock on 12/13/2011 at the average price of 22.81. William C Gautreaux owns at least 2,054,476 shares after this. The price of the stock has decreased by 24.02% since.


Expedia Inc. (EXPE, Financial): Down 46% Since Steven Cohen Bought In the Quarter Ended on 2011-09-30


Steven Cohen added to his holdings in Travel & Tourism company Expedia Inc. by 25.39% during the quarter ended 09/30/2011. His purchase prices were between $53.06 and $63.38, with an estimated average price of $58.64. Since then the prices of Expedia Inc. shares have declined by -46% from the estimated average. Steven Cohen owned 2,868,044 shares of as of 09/30/2011.


Expedia, Inc. is one of the world's travel services companies. Expedia Inc. has a market cap of $4.29 billion; its shares were traded at around $31.8 with a P/E ratio of 9.1 and P/S ratio of 1.2. The dividend yield of Expedia Inc. stocks is 1.8%. Expedia Inc. had an annual average earnings growth of 9% over the past 5 years.


George Soros bought 40,800 shares in the quarter that ended on 09/30/2011, which is 0.018% of the $5.83 billion portfolio of Soros Fund Management LLC. Daniel Loeb owns 2,850,000 shares as of 09/30/2011, an increase of 56.16% from the previous quarter. This position accounts for 3.4796% of the $2.11 billion portfolio of Third Point, LLC. Mason Hawkins sold out his holdings in the quarter that ended on 09/30/2011.


Pegasystems Inc. (PEGA, Financial): Down 27% 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 -27% 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 $1.08 billion; its shares were traded at around $29.08 with a P/E ratio of 71.7 and P/S ratio of 3.3. The dividend yield of Pegasystems Inc. stocks is 0.4%.


PEGA recently reported its third quarter 2011 results. GAAP revenue for the third quarter of 2011 increased 6% to $95.5 million compared to the third quarter of 2010. GAAP net income for the third quarter of 2011 was $5 million, or $0.13 per diluted share, compared to GAAP net income of $3.1 million, or $0.08 per diluted share, for the third quarter of 2010.


Kenneth Fisher bought 132,800 shares in the quarter that ended on 12/31/2011, which is 0.012% of the $33.5 billion portfolio of Fisher Asset Management, LLC. 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 VP 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 33.38% since.


Tele Norte Leste Participacoes S.A. ADS (TNE): Down 25% Since Jeremy Grantham Bought In the Quarter Ended on 2011-09-30


Jeremy Grantham added to his holdings in Fixed Line Telecommunications company Tele Norte Leste Participacoes S.a. Ads by 98.69% during the quarter ended 09/30/2011. His purchase prices were between $10.02 and $15.58, with an estimated average price of $12.89. Since then the prices of Tele Norte Leste Participacoes S.A. ADS shares have declined by -25% from the estimated average. Jeremy Grantham owned 4,061,549 shares of as of 09/30/2011.


Tele Norte Leste Participacoes S.A., together with its subsidiaries, provides telecommunication services such as telephone services, leased lines, data transmission, mobile telephone services, internet, teletext and telex transmission in Brazil and South America. Tele Norte Leste Participacoes S.a. Ads has a market cap of $3.73 billion; its shares were traded at around $9.7 with a P/E ratio of 15.6 and P/S ratio of 0.2. The dividend yield of Tele Norte Leste Participacoes S.a. Ads stocks is 5%. Tele Norte Leste Participacoes S.a. Ads had an annual average earnings growth of 7.3% over the past 10 years.


Charles Brandes owns 10,997,915 shares as of 09/30/2011, which accounts for 0.97% of the $10.81 billion portfolio of Brandes Investment.


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