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Weekly Guru Bargains Highlights: ONNN, DEG, SWC, MGM, MW

July 14, 2012 | About:
GuruFocus

GuruFocus

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

ON Semiconductor Corp. (ONNN): Down 22% Since Steven Cohen Bought In the Quarter Ended on 2012-03-31

Steven Cohen added to his holdings in Semiconductors company On Semiconductor Corp. by 259.6% during the quarter ended 03/31/2012. His purchase prices were between $7.83 and $9.5, with an estimated average price of $8.34. Since then the prices of ON Semiconductor Corp. shares have declined by -22% from the estimated average. Steven Cohen owned 3,952,503 shares of as of 03/31/2012.

ON SEMICON CORP. is a supplier of broadband and power management integrated circuits and standard semiconductors used in numerous advanced devices ranging from high-speed fiber optic networking equipment to the precise power management functions found in portable electronics. On Semiconductor Corp. has a market cap of $3.15 billion; its shares were traded at around $6.52 with a P/E ratio of 9.3 and P/S ratio of 0.9.

ONNN recently announced that total revenues in the first quarter of 2012 were $744.4 million, a decrease of approximately 3 percent from the fourth quarter of 2011. During the first quarter of 2012, the company reported GAAP net income of $28.2 million, or $0.06 per fully diluted share.

HOTCHKIS & WILEY owns 4,176,600 shares as of 03/31/2012, a decrease of 42.96% of from the previous quarter. This position accounts for 0.22% of the $16.79 billion portfolio of Hotchkis & Wiley Capital Management LLC. George Soros owns 400,000 shares as of 03/31/2012, a decrease of 46.67% of from the previous quarter. This position accounts for 0.053% of the $6.84 billion portfolio of Soros Fund Management LLC.

Exec VP Sales & Marketing Robert Charles Mahoney sold 30,000 shares of ONNN stock on 05/18/2012 at the average price of 6.96. Robert Charles Mahoney owns at least 143,725 shares after this. The price of the stock has decreased by 6.32% since. Other insiders have also decreased their positions in the company.

Delhaize Group (ADR) (DEG): Down 35% Since David Dreman Bought In the Quarter Ended on 2012-03-31

David Dreman added to his holdings in Food Retailers & Wholesalers company Delhaize Group (adr) by 57.87% during the quarter ended 03/31/2012. His purchase prices were between $51.19 and $59.6, with an estimated average price of $50.8. Since then the prices of Delhaize Group (ADR) shares have declined by -35% from the estimated average. David Dreman owned 66,619 shares of as of 03/31/2012.

Delhaize America Inc. is a supermarket holding company. Delhaize Group (adr) has a market cap of $3.57 billion; its shares were traded at around $32.9 with a P/E ratio of 7.6 and P/S ratio of 0.1. The dividend yield of Delhaize Group (adr) stocks is 4.6%. Delhaize Group (adr) had an annual average earnings growth of 6% over the past 10 years. GuruFocus rated Delhaize Group (adr) the business predictability rank of 2-star.

David Dreman owns 66,619 shares as of 03/31/2012, an increase of 57.87% from the previous quarter. This position accounts for 0.073% of the $4.79 billion portfolio of Dreman Value Management.

Stillwater Mining Company (SWC): Down 30% Since Ken Fisher Bought In the Quarter Ended on 2012-03-31

Ken Fisher added to his holdings in Platinum & Precious Metals company Stillwater Mining Company by 31.01% during the quarter ended 03/31/2012. His purchase prices were between $10.88 and $14.97, with an estimated average price of $12.26. Since then the prices of Stillwater Mining Company shares have declined by -30% from the estimated average. Ken Fisher owned 4,979,715 shares of as of 03/31/2012.

Stillwater Mining Company is engaged in the exploration, development, mining and production of platinum, palladium and associated metals from the Stillwater Complex in southern Montana, which the company believes isthe only significant primary source of platinum and palladium outside theRepublic of South Africa. Stillwater Mining Company has a market cap of $1.01 billion; its shares were traded at around $8.6 with a P/E ratio of 8.6 and P/S ratio of 1.1.

Stillwater Mining Company recently reported consolidated net income for the 2012 first quarter of $2.4 million, or $0.02 per diluted share. Total revenues for the first quarter were $203.1 million. This compares to 2011 first quarter net income of $36.2 million, or $0.34 per diluted share, on revenues of $170.1 million.

Ken Fisher owns 4,979,715 shares as of 03/31/2012, an increase of 31.01% from the previous quarter. This position accounts for 0.17% of the $37.47 billion portfolio of Fisher Asset Management, LLC. John Hussman owns 10,000 shares as of 03/31/2012, which accounts for 0.0024% of the $5.16 billion portfolio of Hussman Economtrics Advisors.

MGM Resorts International (MGM): Down 23% Since Steven Cohen Bought In the Quarter Ended on 2012-03-31

Steven Cohen initiated holdings in Gambling company Mgm Resorts International during the quarter ended 03/31/2012. His purchase prices were between $11.04 and $14.74, with an estimated average price of $12.72. Since then the prices of MGM Resorts International shares have declined by -23% from the estimated average. Steven Cohen owned 1,600,355 shares of as of 03/31/2012.

MGM Resorts International, formerly known as MGM MIRAGE, is a global hospitality company, operating a portfolio of destination resort brands, including Bellagio, MGM Grand, Mandalay Bay and The Mirage. Mgm Resorts International has a market cap of $5.31 billion; its shares were traded at around $9.8 with and P/S ratio of 0.6.

MGM recently reported its first quarter 2012 financial results. The company reported revenues of $1.36 billion during the first quarter, compared to $590 million a year ago. MGM announced a net loss of 44 cents per share in the quarter, compared to 18 cents per share in the first quarter of 2011.

Ray Dalio bought 112,500 shares in the quarter that ended on 03/31/2012, which is 0.024% of the $6.43 billion portfolio of Bridgewater Associates. John Keeley owns 527,320 shares as of 03/31/2012, which accounts for 0.15% of the $4.94 billion portfolio of Keeley Fund Management. Mario Gabelli owns 166,500 shares as of 03/31/2012, which accounts for 0.016% of the $13.95 billion portfolio of GAMCO Investors.

SENIOR VICE PRESIDENT TAX Shawn Sani sold 333 shares of MGM stock on 05/30/2012 at the average price of 10.86. Shawn Sani owns at least 10,412 shares after this. The price of the stock has decreased by 9.76% since. Other insiders have also decreased their positions in the company.

The Men's Wearhouse, Inc. (MW): Down 21% Since Steven Cohen Bought In the Quarter Ended on 2012-03-31

Steven Cohen added to his holdings in Apparel Retailers company The Men's Wearhouse, Inc. by 178.31% during the quarter ended 03/31/2012. His purchase prices were between $32.25 and $40.38, with an estimated average price of $34.87. Since then the prices of The Men's Wearhouse, Inc. shares have declined by -21% from the estimated average. Steven Cohen owned 1,123,984 shares of as of 03/31/2012.

Men's Wearhouse, Inc. is one of the largest specialty retailers of menswear in the United States and Canada. The Men's Wearhouse, Inc. has a market cap of $1.41 billion; its shares were traded at around $27.61 with a P/E ratio of 11.7 and P/S ratio of 0.6. The dividend yield of The Men's Wearhouse, Inc. stocks is 2.6%. The Men's Wearhouse, Inc. had an annual average earnings growth of 10.5% over the past 10 years.

The Men’s Wearhouse Inc. recently reported its first quarter 2012 financial results. GAAP diluted earnings per share was $0.52 for the first quarter ended April 28, 2012. This compares to GAAP diluted earnings per share guidance given March 7, 2012 of $0.53 to $0.54. In first quarter fiscal 2011, GAAP diluted earnings per share was $0.52 and adjusted diluted earnings per share was $0.53 after excluding $0.7 million ($0.4 million after tax or $0.01 per diluted share outstanding) in acquisition related integration costs.

James Barrow owns 1,837,751 shares as of 03/31/2012, which accounts for 0.14% of the $50.84 billion portfolio of Barrow, Hanley, Mewhinney & Strauss. PRIMECAP Management owns 8,100 shares as of 03/31/2012, which accounts for less than 0.01% of the $67.24 billion portfolio of PRIMECAP Management. Ken Fisher owns 1,476,208 shares as of 03/31/2012, which accounts for 0.15% of the $37.47 billion portfolio of Fisher Asset Management, LLC. Richard Snow sold out his holdings in the quarter that ended on 03/31/2012.

Chairman of the Board, CEO George Zimmer sold 25,000 shares of MW stock on 05/21/2012 at the average price of 35.52. George Zimmer owns at least 1,887,043 shares after this. The price of the stock has decreased by 22.27% since. Other insiders have also decreased their positions in the company.


Rating: 3.8/5 (8 votes)

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