GuruFocus Premium Membership

Serving Intelligent Investors since 2004. Only 96 cents a day.

Free Trial

Free 7-day Trial
All Articles and Columns »

Weekly Guru Bargains Highlights: STLD, QSII, GDI, JOY, NTL

June 16, 2012 | About:
gurufocus

gurufocus

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

Steel Dynamics (STLD): Down 23% Since Joel Greenblatt Bought In the Quarter Ended on 2012-03-31

Joel Greenblatt added to his holdings in Steel company Steel Dynamics by 74.01% during the quarter ended 03/31/2012. His purchase prices were between $14.08 and $16.48, with an estimated average price of $14.13. Since then the prices of Steel Dynamics shares have declined by -23% from the estimated average. Joel Greenblatt owned 190,382 shares of as of 03/31/2012.

Steel Dynamics, Inc. owns and operates a flat-rolled steel mini-mill. Steel Dynamics has a market cap of $2.41 billion; its shares were traded at around $10.87 with a P/E ratio of 11.1 and P/S ratio of 0.3. The dividend yield of Steel Dynamics stocks is 3.6%. Steel Dynamics had an annual average earnings growth of 12.5% over the past 10 years.

Steel Dynamics recently announced first quarter net income of $46 million, or $0.20 per diluted share, on net sales of $2.0 billion. First quarter 2012 earnings were reduced by approximately $0.03 per diluted share.

Joel Greenblatt owns 190,382 shares as of 03/31/2012, an increase of 74.01% from the previous quarter. This position accounts for 0.24% of the $1.15 billion portfolio of Gotham Capital. Ken Fisher owns 12,614 shares as of 03/31/2012, which accounts for less than 0.01% of the $37.47 billion portfolio of Fisher Asset Management, LLC. George Soros sold out his holdings in the quarter that ended on 03/31/2012.

Quality Sys (QSII): Down 30% Since Joel Greenblatt Bought In the Quarter Ended on 2012-03-31

Joel Greenblatt initiated holdings in Software company Quality Sys during the quarter ended 03/31/2012. His purchase prices were between $36.27 and $45, with an estimated average price of $39.23. Since then the prices of Quality Sys shares have declined by -30% from the estimated average. Joel Greenblatt owned 4,585 shares of as of 03/31/2012.

Quality Systems, Inc. is one of the developers and providers of computer-based practice management systems for medical and dental group practices. Quality Sys has a market cap of $1.71 billion; its shares were traded at around $27.31 with a P/E ratio of 22.2 and P/S ratio of 4. The dividend yield of Quality Sys stocks is 2.4%. Quality Sys had an annual average earnings growth of 25.8% over the past 10 years. GuruFocus rated Quality Sys the business predictability rank of 3.5-star.

Quality Systems recently reported revenues of $429.8 million for the fiscal year ended March 31, 2012, an increase of 22% compared to $353.4 million for the fiscal year ended March 31, 2011. Net income for fiscal 2012 was $75.7 million, a 23% increase versus net income of $61.6 million for the year ago period. Fully diluted earnings per share for the fiscal year ended 2012 was $1.28, a 21% increase from $1.06 for fiscal 2011.

Joel Greenblatt bought 4,585 shares in the quarter that ended on 03/31/2012, which is 0.017% of the $1.15 billion portfolio of Gotham Capital.

CEO Steven T Plochocki sold 88,500 shares of QSII stock on 02/24/2012 at the average price of 43.99. Steven T Plochocki owns at least 8,000 shares after this. The price of the stock has decreased by 37.92% since. Other insiders have also decreased their positions in the company.

Gardner Denver (GDI): Down 27% Since Ray Dalio Bought In the Quarter Ended on 2012-03-31

Ray Dalio initiated holdings in Industrial Machinery company Gardner Denver during the quarter ended 03/31/2012. His purchase prices were between $62.86 and $84.24, with an estimated average price of $68.71. Since then the prices of Gardner Denver shares have declined by -27% from the estimated average. Ray Dalio owned 11,878 shares of as of 03/31/2012.

Gardner Denver, Inc., formerly known as Gardner Denver Machinery Inc. Gardner Denver has a market cap of $2.67 billion; its shares were traded at around $50.26 with a P/E ratio of 9.4 and P/S ratio of 1.1. The dividend yield of Gardner Denver stocks is 0.4%.

Gardner Denver's first quarter 2012 revenues of $604.4 million were up 14% over the same period of 2011. Operating income for the first quarter of 2012 was $79.8 million, an 8% decrease from $86.8 million recorded in the same period of 2011, resulting in a reduction in operating margins of 310 basis points to 13.2%.

Ray Dalio bought 11,878 shares in the quarter that ended on 03/31/2012, which is 0.012% of the $6.43 billion portfolio of Bridgewater Associates. Joel Greenblatt owns 34,016 shares as of 03/31/2012, an increase of 698.31% from the previous quarter. This position accounts for 0.19% of the $1.15 billion portfolio of Gotham Capital. John Keeley owns 263,010 shares as of 03/31/2012, which accounts for 0.34% of the $4.94 billion portfolio of Keeley Fund Management. Mario Gabelli owns 30,600 shares as of 03/31/2012, which accounts for 0.014% of the $13.95 billion portfolio of GAMCO Investors.

President & CEO Barry Pennypacker bought 5,000 shares of GDI stock on 03/09/2012 at the average price of 69.51. Barry Pennypacker owns at least 43,054 shares after this. The price of the stock has decreased by 27.69% since.

Joy Global Inc (JOY): Down 29% Since Steven Cohen Bought In the Quarter Ended on 2012-03-31

Steven Cohen added to his holdings in Commercial Vehicles & Trucks company Joy Global Inc by 1366.38% during the quarter ended 03/31/2012. His purchase prices were between $71.1 and $95.71, with an estimated average price of $78.82. Since then the prices of Joy Global Inc shares have declined by -29% from the estimated average. Steven Cohen owned 210,822 shares of as of 03/31/2012.

Joy Global Inc. is a worldwide leader in manufacturing, servicing and distributing equipment for surface mining through its P&H Mining Equipment division and underground mining through its Joy Mining Machinery division. Joy Global Inc has a market cap of $6.15 billion; its shares were traded at around $55.85 with a P/E ratio of 8.7 and P/S ratio of 1.4. The dividend yield of Joy Global Inc stocks is 1.2%. Joy Global Inc had an annual average earnings growth of 37.6% over the past 10 years.

Joy Global recently announced its second quarter 2012 financial results. Second quarter bookings were $1.2 billion, compared to $1.5 billion in the second quarter of last year, a decrease of 19 percent. Net sales increased 45 percent to $1.5 billion compared to the same period last year. Operating income was $333 million in the second quarter of 2012, compared to operating income of $234 million in the second quarter of fiscal 2011, and was 22 percent of sales in both years.

Ray Dalio owns 158,186 shares as of 03/31/2012, an increase of 258.81% from the previous quarter. This position accounts for 0.18% of the $6.43 billion portfolio of Bridgewater Associates. Ken Fisher owns 429,811 shares as of 03/31/2012, an increase of 64.25% from the previous quarter. This position accounts for 0.084% of the $37.47 billion portfolio of Fisher Asset Management, LLC.

President and CEO Michael W Sutherlin sold 16,576 shares of JOY stock on 01/10/2012 at the average price of 81.89. Michael W Sutherlin owns at least 191,736 shares after this. The price of the stock has decreased by 31.8% since. Other insiders have also decreased their positions in the company.

Nortel Inv-Adr (NTL): Down 36% Since Jeremy Grantham Bought In the Quarter Ended on 2012-03-31

Jeremy Grantham initiated holdings in Fixed Line Telecommunications company Nortel Inv-adr during the quarter ended 03/31/2012. His purchase prices were between $19.52 and $26.9, with an estimated average price of $22.15. Since then the prices of Nortel Inv-Adr shares have declined by -36% from the estimated average. Jeremy Grantham owned 83,144 shares of as of 03/31/2012.

NORTEL INV-ADR is a holding company organized by Argentine and international investors. Nortel Inv-adr has a market cap of $3.22 billion; its shares were traded at around $14.15 with a P/E ratio of 11.3 and P/S ratio of 0.7. Nortel Inv-adr had an annual average earnings growth of 48.2% over the past 5 years.

Charles Brandes owns 435,768 shares as of 03/31/2012, a decrease of 23.39% of from the previous quarter. This position accounts for 0.097% of the $11.32 billion portfolio of Brandes Investment.


Rating: 3.0/5 (4 votes)

Comments

Please leave your comment:


Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK