Weekly Guru Bargains Highlights: HPQ, ALEX, NFLX, EDU, MCP

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Sep 24, 2012
According to GuruFocus updates, these stocks have declined the most since Gurus have bought.

Hewlett-Packard Company (HPQ, Financial): Down 23% Since Michael Price Bought in the Quarter Ended on 2012-06-30

Michael Price added to his holdings in Computer Hardware company Hewlett-Packard Company by 48.18% during the quarter ended 06/30/2012. His purchase prices were between $19.18 and $25.28, with an estimated average price of $22.73. Since then the prices of Hewlett-Packard Company shares have declined by -23% from the estimated average. Michael Price owned 815,000 shares of as of 06/30/2012.

Hewlett-Packard is one of the global providers of computing and imaging solutions and services for business and home. Hewlett-Packard Company has a market cap of $34.37 billion; its shares were traded at around $17.59 with a P/E ratio of 4.3 and P/S ratio of 0.3. The dividend yield of Hewlett-Packard Company stocks is 3%. Hewlett-Packard Company had an annual average earnings growth of 25.4% over the past five years.

HPQ recently reported its third quarter 2012 financial results. GAAP loss per share was $4.49, down from earnings per share (EPS) of $0.93 in the prior-year period. Non-GAAP diluted EPS was $1.00, down 9% from the prior-year period. Third quarter non-GAAP earnings information excludes after-tax costs of $10.8 billion, or $5.49 per diluted share.

Richard Perry bought 4,000,000 shares in the quarter that ended on 06/30/2012, which is 3.3% of the $2.47 billion portfolio of Perry Capital. Brian Rogers owns 5,026,800 shares as of 06/30/2012, a decrease of 30.92% of from the previous quarter. This position accounts for 0.46% of the $21.98 billion portfolio of T Rowe Price Equity Income Fund.

Executive Chairman Raymond J. Lane bought 46,400 shares of HPQ stock on 06/05/2012 at the average price of $21.5. Raymond J. Lane owns at least 248,392 shares after this. The price of the stock has decreased by 18.19% since. Other insiders have also increased their positions in the company.

ALEXANDER & BALDWIN (ALEX, Financial): Down 41% Since Joel Greenblatt Bought in the Quarter Ended on 2012-06-30

Joel Greenblatt initiated holdings in Business Support Services company Alexander & Baldwin during the quarter ended 06/30/2012. His purchase prices were between $47.36 and $52.86, with an estimated average price of $49.83. Since then the prices of Alexander & Baldwin shares have declined by -41% from the estimated average. Joel Greenblatt owned 6,255 shares of as of 06/30/2012.

Alexander & Baldwin Inc. is a real estate and land company. Alexander & Baldwin has a market cap of $1.27 billion; its shares were traded at around $29.47.

Bill Ackman bought 3,644,870 shares in the quarter that ended on 06/30/2012, which is 2.6% of the $7.59 billion portfolio of Pershing Square Capital Management LP. Whitney Tilson bought 10,922 shares in the quarter that ended on 06/30/2012, which is 0.49% of the $118 million portfolio of T2 Partners Management LP. Meridian Funds bought 460,900 shares in the quarter that ended on 06/30/2012, which is 0.39% of the $3 billion portfolio of Meridian Fund. PRIMECAP Management bought 1,248,237 shares in the quarter that ended on 06/30/2012, which is 0.11% of the $59.94 billion portfolio of PRIMECAP Management.

Director W. Allen Doane Jr.sold 45,476 shares of ALEX stock on 09/04/2012 at the average price of $29.6. W. Allen Doane Jr. owns at least 49,352 shares after this. The price of the stock has decreased by 0.44% since. Other insiders have decreased their positions in the company.

Netflix Inc. (NFLX, Financial): Down 28% Since Chris Davis Bought in the Quarter Ended on 2012-06-30

Chris Davis added to his holdings in Specialty Retailers company Netflix Inc. by 85.5% during the quarter ended 06/30/2012. His purchase prices were between $61.54 and $113.67, with an estimated average price of $79.97. Since then the prices of Netflix Inc. shares have declined by -28% from the estimated average. Chris Davis owned 4,240,028 shares of as of 06/30/2012.

Netflix Inc. is the largest online movie rental subscription service in the U.S. providing subscribers access to a comprehensive library of more than 18,000 movie, television and other filmed entertainment titles. Netflix, Inc. has a market cap of $3.15 billion; its shares were traded at around $57.79 with a P/E ratio of 29.5 and P/S ratio of 1. Netflix Inc. had an annual average earnings growth of 44.3% over the past five years. GuruFocus rated Netflix Inc. the business predictability rank of 5-star.

George Soros bought 200,000 shares in the quarter that ended on 06/30/2012, which is 0.2% of the $6.92 billion portfolio of Soros Fund Management LLC. Steve Mandel bought 360,988 shares in the quarter that ended on 06/30/2012, which is 0.15% of the $16.97 billion portfolio of Lone Pine Capital. Julian Robertson sold out his holdings in the quarter that ended on 06/30/2012.

Director Jay C. Hoag bought 143,400 shares of NFLX stock on 05/10/2012 at the average price of $73.06. Jay C. Hoag owns at least 419,650 shares after this. The price of the stock has decreased by 20.9% since.

New Oriental Education & Tech Group (EDU, Financial): Down 45% Since Jim Simons Bought in the Quarter Ended on 2012-06-30

Jim Simons initiated holdings in Specialized Consumer Services company New Oriental Education & Tech Group during the quarter ended 06/30/2012. His purchase prices were between $24.94 and $28.76, with an estimated average price of $27.04. Since then the prices of New Oriental Education & Tech Group shares have declined by 45% from the estimated average. Jim Simons owned 24,900 shares of as of 06/30/2012.

New Oriental is the largest provider of private educational services in China based on the number of program offerings, total student enrollments and geographic presence. New Oriental Education & Tech Group has a market cap of $2.34 billion; its shares were traded at around $14.93 with a P/E ratio of 17.6 and P/S ratio of 3. New Oriental Education & Tech Group had an annual average earnings growth of 26.4% over the past 5 years.

EDU recently reported its financial results for the fourth fiscal quarter of 2012. Total net revenues increased by 40.7% year-over-year to US$193.3 million from US$137.4 million in the same period of the prior fiscal year.

Frank Sands owns 2,400,695 shares as of 06/30/2012, which accounts for 0.27% of the $22.04 billion portfolio of Sands Capital Management. Ron Baron owns 74,224 shares as of 06/30/2012, which accounts for 0.011% of the $15.83 billion portfolio of Baron Funds. Robert Karr owns 4,151,754 shares as of 06/30/2012, which accounts for 19.8% of the $514 million portfolio of Joho Capital. Steve Mandel owns 7,994,383 shares as of 06/30/2012, which accounts for 1.2% of the $16.97 billion portfolio of Lone Pine Capital.

Molycorp Inc. (MCP, Financial): Down 48% Since John Griffin Bought in the Quarter Ended on 2012-06-30

John Griffin initiated holdings in Business Support Services company Molycorp Inc. during the quarter ended 06/30/2012. His purchase prices were between $19.29 and $35.21, with an estimated average price of $25.22. Since then the prices of Molycorp Inc. shares have declined by 48% from the estimated average. John Griffin owned 2,170,000 shares of as of 06/30/2012.

Molycorp Inc. produces rare earth oxide (REO) in the Western hemisphere. Molycorp Inc. has a market cap of $1.46 billion; its shares were traded at around $12.99 with a P/E ratio of 11 and P/S ratio of 3.7.

Molycorp recently reported its second quarter 2012 financial results. Net sales for the quarter were $104.6 million, up 5% from the second quarter 2011.

John Griffin bought 2,170,000 shares in the quarter that ended on 06/30/2012, which is 0.71% of the $6.63 billion portfolio of Blue Ridge Capital. Chris Davis owns 244,430 shares as of 06/30/2012, an increase of 52.39% from the previous quarter. This position accounts for 0.012% of the $43.07 billion portfolio of Davis Selected Advisers.

President and CEO Mark A. Smith bought 50,000 shares of MCP stock on 08/22/2012 at the average price of 10. Mark A. Smith owns at least 833,518 shares after this. The price of the stock has increased by 29.9% since. Other insiders have also increased their positions in the company.