Weekly Guru Bargains Highlights: GOLD, AEM, NEM, TFM, PAY

Author's Avatar
Mar 11, 2013
According to GuruFocus updates, these stocks have declined the most since Gurus have bought.

Randgold Resources Ltd (GOLD, Financial): Down 27% Since John Hussman Bought In the Quarter Ended on December 31, 2012

John Hussman added to his holdings in gold mining company Randgold Resources Ltd by 450% during the quarter ended December 31, 2012. His purchase prices were between $96.32 and $125.38, with an estimated average price of $110.63. Since then the prices of Randgold Resources Ltd shares have declined by 27% from the estimated average. John Hussman owned 275,000 shares as of December 31, 2012.

Randgold Resources Ltd, together with its joint ventures, carries out exploration and gold mining activities. Randgold Resources Ltd has a market cap of $7.46 billion; its shares were traded at around $80.94 with a P/E ratio of 17.452 and P/S ratio of 5.9242. The dividend yield of Randgold Resources Ltd stocks is 0.47%. Randgold Resources Ltd had an annual average earnings growth of 19% over the past 10 years.

John Hussman owns 275,000 shares as of December 31, 2012, an increase of 450% from the previous quarter. This position accounts for 0.72% of the $3.8 billion portfolio of Hussman Economtrics Advisors. Jean-Marie Eveillard owns 1,264,736 shares as of December 31, 2012, which accounts for 0.45% of the $28.07 billion portfolio of First Eagle Investment Management, LLC.

Agnico-Eagle Mines (AEM, Financial): Down 27% Since John Hussman Bought In the Quarter Ended on December 31, 2012

John Hussman added to his holdings in gold mining company Agnico-Eagle Mines by 280% during the quarter ended December 31, 2012. His purchase prices were between $50.42 and $57.33, with an estimated average price of $53.63. Since then the prices of Agnico-Eagle Mines shares have declined by 27% from the estimated average. John Hussman owned 950,000 shares as of December 31, 2012.

Agnico-Eagle Mines Ltd. was incorporated under the laws of the Province of Ontario, Canada on June 1, 1972. Agnico-Eagle Mines has a market cap of $6.74 billion; its shares were traded at around $39.16 with a P/E ratio of 21.692 and P/S ratio of 3.5112. The dividend yield of Agnico-Eagle Mines stocks is 2.08%. Agnico-Eagle Mines had an annual average earnings growth of 29.8% over the past 10 years. GuruFocus rated Agnico-Eagle Mines the business predictability rank of 4-star.

AEM recently announced its fourth quarter 2012 financial results. The company reported a quarterly net income of $82.8 million, or $0.48 per share for the fourth quarter of 2012. This result includes a $16.5 million ($0.10 per share).

Ray Dalio bought 30,441 shares in the quarter that ended on December 31, 2012, which is 0.016% of the $9.82 billion portfolio of Bridgewater Associates. John Hussman owns 950,000 shares as of December 31, 2012, an increase of 280% from the previous quarter. This position accounts for 1.3% of the $3.8 billion portfolio of Hussman Economtrics Advisors. Jean-Marie Eveillard owns 10,609,234 shares as of December 31, 2012, which accounts for 2% of the $28.07 billion portfolio of First Eagle Investment Management, LLC.

Newmont Mining Cororation (NEM, Financial): Down 21% Since Brian Rogers Bought In the Quarter Ended on December 31, 2012

Brian Rogers added to his holdings in gold mining company Newmont Mining Corporation by 50% during the quarter ended December 31, 2012. His purchase prices were between $43.75 and $56.24, with an estimated average price of $49.14. Since then the prices of Nemetschek AG shares have declined by 21% from the estimated average. Brian Rogers owned 1,500,000 shares as of December 31, 2012.

Newmont Mining Corporation's original predecessor corporation was incorporated in 1921 under the laws of Delaware. Newmont Mining Corporation has a market cap of $19.3 billion; its shares were traded at around $39.25 with a P/E ratio of 10.3842 and P/S ratio of 1.9849. The dividend yield of Newmont Mining Corporation stocks is 3.57%. Newmont Mining Corporation had an annual average earnings growth of 12.6% over the past 10 years.

John Hussman owns 1,450,000 shares as of December 31, 2012, an increase of 542.73% from the previous quarter. This position accounts for 1.8% of the $3.8 billion portfolio of Hussman Economtrics Advisors. Ray Dalio owns 293,983 shares as of December 31, 2012, an increase of 215.43% from the previous quarter. This position accounts for 0.14% of the $9.82 billion portfolio of Bridgewater Associates.

Director & CEO Richard T Obrien sold 6,522 shares of NEM stock on February 28, 2013 at the average price of 40.02. Richard T Obrien owns at least 321,858 shares after this. The price of the stock has decreased by 1.92% since. Other insiders have also decreased their positions in the company.

Fresh Market, Inc. (TFM, Financial): Down 23% Since Manning & Napier Advisors, Inc Bought In the Quarter Ended on December 31, 2012

Manning & Napier Advisors, Inc added to his holdings in Broadline Retailers company Fresh Market, Inc. by 52.52% during the quarter ended December 31, 2012. His purchase prices were between $47.55 and $62.38, with an estimated average price of $55.6. Since then the prices of Fresh Market, Inc. shares have declined by 23% from the estimated average. Manning & Napier Advisors, Inc owned 55,000 shares of as of December 31, 2012.

The Fresh Market was founded by Ray and Beverly Berry and opened its first store in Greensboro, North Carolina in 1982. Fresh Market, Inc. has a market cap of $1.87 billion; its shares were traded at around $38.91 with a P/E ratio of 30.3951 and P/S ratio of 1.4669.

SVP General Counsel Scott F. Duggan sold 9,086 shares of TFM stock on October 12, 2012 at the average price of 55.96. Scott F. Duggan owns at least 1,833 shares after this. The price of the stock has decreased by 30.47% since. Other insiders have also decreased their positions in the company.

In the fourth quarter of fiscal 2012, net sales increased 15.3% to $369.9 million and comparable store sales increased 1.9%, compared to the corresponding thirteen week period ended January 29, 2012. Net income in the fourth quarter of fiscal 2012 was $20.6 million, compared to $18.3 million in the corresponding thirteen week period in fiscal 2011.

Payce Consolidated Limited (PAY, Financial) Down 39% Since Manning & Napier Advisors, Inc Bought In the Quarter Ended on December 31, 2012

Manning & Napier Advisors, Inc initiated holdings in Computer Hardware company VeriFone Systems, Inc. during the quarter ended December 31, 2012. His purchase prices were between $27.86 and $33.41, with an estimated average price of $30.59. Since then the prices of Payce Consolidated Limited shares have declined by -39% from the estimated average. Manning & Napier Advisors, Inc owned 6,434,690 shares of as of December 31, 2012.

VeriFone Systems, Inc. formerly known as VeriFone Holdings Inc was incorporated in the state of Delaware on June 13, 2002 in order to acquire VeriFone, Inc. Verifone Systems, Inc. has a market cap of $2.18 billion; its shares were traded at around $20.16 with a P/E ratio of 34.1297 and P/S ratio of 1.1919.

Leon Cooperman bought 1,258,273 shares in the quarter that ended on December 31, 2012, which is 0.69% of the $5.45 billion portfolio of Omega Advisors. Joel Greenblatt bought 27,412 shares in the quarter that ended on December 31, 2012, which is 0.047% of the $1.73 billion portfolio of Gotham Capital. Ken Fisher sold out his holdings in the quarter that ended on December 31, 2012. Michael Price sold out his holdings in the quarter that ended on December 31, 2012.