Weekly Guru Bargains Highlights: AU, PAY, BVN, ABX, TFM

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Mar 25, 2013
According to GuruFocus updates, these stocks have declined the most since Gurus have bought.

Anglogold Ashanti Limited (AU, Financial): Down 23% Since John Hussman Bought In the Quarter Ended on 2012-12-31

John Hussman added to his holdings in Gold Mining company Anglogold Ashanti Limited by 380% during the quarter ended 12/31/2012. His purchase prices were between $29.9 and $34.95, with an estimated average price of $32. Since then the prices of Anglogold Ashanti Limited shares have declined by -23% from the estimated average. John Hussman owned 1,200,000 shares of as of 12/31/2012.

AngloGold Ashanti Limited was incorporated in the Republic of South Africa in 1944 under the name of Vaal Reefs Exploration and Mining Company Limited. Anglogold Ashanti Limited has a market cap of $9.18 billion; its shares were traded at around $23.9 with a P/E ratio of 8.8183 and P/S ratio of 1.473. The dividend yield of Anglogold Ashanti Limited stocks is 1.3%.


John Burbank bought 1,404,156 shares in the quarter that ended on 12/31/2012, which is 1.7% of the $2.59 billion portfolio of Passport Capital. John Hussman owns 1,200,000 shares as of 12/31/2012, an increase of 380% from the previous quarter. This position accounts for 0.99% of the $3.8 billion portfolio of Hussman Economtrics Advisors. Jean-Marie Eveillard owns 5,204,615 shares as of 12/31/2012, an increase of 13.21% from the previous quarter. This position accounts for 0.58% of the $28.07 billion portfolio of First Eagle Investment Management, LLC.


10% Security Holder, Director Michael Gerard Basha, bought 1,000 shares of AU stock on 01/25/2013 at the average price of 0.15. Michael Gerard Basha, owns at least 742,571 shares after this.

Payton Planar Magnetics (PAY, Financial): Down 34% Since Manning & Napier Advisors, Inc Bought In the Quarter Ended on 2012-12-31

Manning & Napier Advisors, Inc initiated holdings in Computer Hardware company VeriFone Systems, Inc. during the quarter ended 12/31/2012. His purchase prices were between $27.86 and $33.41, with an estimated average price of $30.59. Since then the prices of Payton Planar Magnetics shares have declined by -34% from the estimated average. Manning & Napier Advisors, Inc owned 6,434,690 shares of as of 12/31/2012.

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 $2.3 billion; its shares were traded at around $21.24 with a P/E ratio of 29.5858 and P/S ratio of 1.2629.


Leon Cooperman bought 1,258,273 shares in the quarter that ended on 12/31/2012, 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 12/31/2012, 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 12/31/2012. Michael Price sold out his holdings in the quarter that ended on 12/31/2012.

Bevinco Corp (BVN, Financial): Down 29% Since John Hussman Bought In the Quarter Ended on 2012-12-31

John Hussman added to his holdings in Gold Mining company Buenaventura Mining Company Inc. by 350.4% during the quarter ended 12/31/2012. His purchase prices were between $32.19 and $38.95, with an estimated average price of $35.03. Since then the prices of Bevinco Corp shares have declined by -29% from the estimated average. John Hussman owned 563,000 shares of as of 12/31/2012.

Buenaventura Mining Company Inc. is a publicly-traded precious metals company. Buenaventura Mining Company Inc. has a market cap of $6.58 billion; its shares were traded at around $25.9 with a P/E ratio of 7.5245 and P/S ratio of 3.7764. The dividend yield of Buenaventura Mining Company Inc. stocks is 2.22%. Buenaventura Mining Company Inc. had an annual average earnings growth of 26.7% over the past 10 years. GuruFocus rated Buenaventura Mining Company Inc. the business predictability rank of 4-star.

John Hussman owns 563,000 shares as of 12/31/2012, an increase of 350.4% from the previous quarter. This position accounts for 0.53% of the $3.8 billion portfolio of Hussman Economtrics Advisors.

Barrick Gold Corporation (ABX, Financial): Down 21% Since John Hussman Bought In the Quarter Ended on 2012-12-31

John Hussman added to his holdings in Gold Mining company Barrick Gold Corporation by 484.62% during the quarter ended 12/31/2012. His purchase prices were between $33.27 and $42.19, with an estimated average price of $36.37. Since then the prices of Barrick Gold Corporation shares have declined by -21% from the estimated average. John Hussman owned 1,900,000 shares of as of 12/31/2012.

ABX recently reported its fourth quarter 2012 financial results. The company reported a fourth quarter 2012 net loss of $3.06 billion ($3.06 per share), including a $4.2 billion after-tax impairment charge primarily related to our copper business unit. Adjusted net earnings were $1.11 billion ($1.11 per share).

Barrick Gold Corporation is a Corporation governed by the Business Corporations Act (Ontario) resulting from the amalgamation, effective July 14, 1984 under the laws of the Province of Ontario, of Camflo Mines Limited, Bob-Clare Investments Limited and the former Barrick Resources Corporation. Barrick Gold Corporation has a market cap of $29.41 billion; its shares were traded at around $29.33 with a P/E ratio of 8.7642 and P/S ratio of 2.0717. The dividend yield of Barrick Gold Corporation stocks is 2.72%.

Ray Dalio bought 170,290 shares in the quarter that ended on 12/31/2012, which is 0.061% of the $9.82 billion portfolio of Bridgewater Associates. John Hussman owns 1,900,000 shares as of 12/31/2012, an increase of 484.62% from the previous quarter. This position accounts for 1.8% of the $3.8 billion portfolio of Hussman Economtrics Advisors. Julian Robertson sold out his holdings in the quarter that ended on 12/31/2012. John Burbank sold out his holdings in the quarter that ended on 12/31/2012.

Fresh Market, Inc. (TFM, Financial): Down 30% Since Manning & Napier Advisors, Inc Bought In the Quarter Ended on 2012-12-31

Manning & Napier Advisors, Inc added to his holdings in Broadline Retailers company Fresh Market, Inc. by 52.52% during the quarter ended 12/31/2012. 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 -30% from the estimated average. Manning & Napier Advisors, Inc owned 55,000 shares of as of 12/31/2012.

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 $2.11 billion; its shares were traded at around $43.81 with a P/E ratio of 34.3 and P/S ratio of 1.6.

TFM recently reported its fourth quarter 2012 financial results. 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.


SVP General Counsel Scott F. Duggan sold 9,086 shares of TFM stock on 10/12/2012 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 21.71% since.