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Weekly Guru Bargains Highlights: CME Group Inc, Legg Mason Inc, CNOOC Ltd, Trinity Industries Inc, State Street Corp.

January 10, 2009 | About:

Last week's top five Guru Bargain stocks were CME Group Inc, Legg Mason Inc, CNOOC Ltd, Trinity Industries Inc, and State Street Corp.

For the complete list of stocks that Guru Bargains, go to: Value Bargains of Gurus.

CME Group Inc. (CME): Down 46% Since Chris Davis Bought In the Quarter Ended on 2008-09-30

Chris Davis initiated holdings in Financial Services company CME Group Inc. during the quarter ended 09/30/2008. He owned 2,491 shares of as of 09/30/2008. Chicago Mercantile Exchange Holdings is the parent company of Chicago Mercantile Exchange Inc the largest futures exchange in the United States based on notional value trading volume and open interest. The company has a market cap of $12.2 billion; its shares were traded at around $188.23 with a P/E ratio of 9.4 and P/S ratio of 6.95. The dividend yield of CME Group Inc. stocks is 2.53%. CME Group Inc. had an annual average earning growth of 28.5% over the past 5 years.

CME Group recently announced that it would report its fourth quarter 2008 and full year 2008 results on Feb. 3 rd, 2009. It also reported strong third quarter 2008 operating income and revenue.

Tom Gayner bought 13,770 shares in the quarter that ended on 09/30/2008, which is 0.33% of the $1.53 billion portfolio of Markel Gayner Asset Management Corp. George Soros owns 8,000 shares as of 09/30/2008, which accounts for 0.11% of the $2.81 billion portfolio of Soros Fund Management LLC. Ron Baron owns 608,549 shares as of 09/30/2008, which accounts for 1.47% of the $15.41 billion portfolio of Baron Funds.

Director Patrick B Lynch bought 5,890 shares of CME stock on 11/21/2008 at the average price of $169.65; the price of the stock has increased by 10.95% since.

Legg Mason Inc. (LM): Down 42% Since Ruane Cunniff Bought In the Quarter Ended on 2008-09-30

Ruane Cunniff added to his holdings in Investment Services company Legg Mason Inc. by 38.03% during the quarter ended 09/30/2008. He owned 323,746 shares of as of 09/30/2008. Legg Mason Inc. is a holding company which through its subsidiaries is principally engaged in providing asset management securities brokerage investment banking and related financial services to individuals institutions corporations and municipalities. The company has a market cap of $2.81 billion with a P/S ratio of 0.61. The dividend yield of Legg Mason Inc. stocks is 4.8%. Legg Mason Inc. had an annual average earning growth of 9.6% over the past 10 years. GuruFocus rated Legg Mason Inc. the business predictability rank of 4.5-star.

Legg Mason recently reported its second quarter 2009 results. The company reported a net loss of $1.35 per share, caused primarily by charges arising from support for money

market funds. Mark R. Fetting, President and Chief Executive Officer, said “While this has been a challenging quarter for all financial services companies, including Legg Mason, I have never been more convinced that we have the right model and strategy to take this company to the next level.”

Wallace Weitz bought 3,905 shares in the quarter that ended on 09/30/2008, which is 0.01% of the $2.44 billion portfolio of Weitz Wallace R & Co. Richard Snow owns 2,677,870 shares as of 09/30/2008, an increase of 154.64% from the previous quarter. Jean-Marie Eveillard owns 2,828,380 shares as of 09/30/2008, which accounts for 1.11% of the $9.67 billion portfolio of Arnhold & S. Bleichroeder Advisers, LLC. Martin Whitman and Chris Davis both sold out their holdings in the company.

Sr. Executive Vice President Peter L Bain bought 48 shares of LM stock on 08/15/2008 at the average price of $43.72; the price of the stock has decreased by 46.57% since.

CNOOC Ltd. (CEO): Down 33% Since Ken Heebner Bought In the Quarter Ended on 2008-09-30

Ken Heebner initiated holdings in Oil Equipment & Services company CNOOC Ltd. during the quarter ended 09/30/2008. He owned 200,000 shares of as of 09/30/2008. Cnooc Limited is a company that engages primarily in the exploration development and production of crude oil and natural gas offshore China. It has a market cap of $38.93 billion; its shares were traded at around $94.4 with and P/S ratio of 3.3. The dividend yield of CNOOC Ltd. stocks is 5.45%. CNOOC Ltd. had an annual average earning growth of 31.6% over the past 5 years.

CNOOC Limited recently announced that it had outstanding results in the third quarter of 2008. The company said that it had a 69.1% jump in revenue, as net production also jumped 15%.

Ken Heebner bought 200,000 shares in the quarter that ended on 09/30/2008, which is 0.2% of the $11.29 billion portfolio of CAPITAL GROWTH MANAGEMENT LP. Sarah Ketterer owns 18,800 shares as of 09/30/2008, an increase of 26.17% from the previous quarter. This position accounts for 1.67% of the $129 million portfolio of CAUSEWAY CAPITAL MANAGEMENT LLC. Kenneth Fisher owns 48,785 shares as of 09/30/2008, which accounts for 0.02% of the $31.63 billion portfolio of Fisher Asset Management, LLC.

Trinity Industries Inc. (TRN): Down 54% Since Kenneth Fisher Bought In the Quarter Ended on 2008-09-30

Kenneth Fisher added to his holdings in Commercial Vehicles & Trucks company Trinity Industries Inc. by 601.34% during the quarter ended 09/30/2008. He owned 46,681 shares of as of 09/30/2008. Trinity Industries Inc. is engaged in the manufacture marketing and leasing of a wide variety of products consisting of the following business segments or groups. The company has a market cap of $1.19 billion with a P/E ratio of 3.6 and P/S ratio of 0.31. The dividend yield of Trinity Industries Inc. stocks is 2.13%. Trinity Industries Inc. had an annual average earning growth of 176.1% over the past 5 years.

Trinity Industries Inc. recently reported its third quarter 2008 results. The company announced that its earnings from continual operations was $91.5 million, or $1.14 per share. Earnings from continual operations in the third quarter of 2007 was $1.08 per share. Net income for the third quarter of 2008 was $1.12 per share, while net income for the third quarter of 2007 was $1.08 per share.

Kenneth Fisher owns 46,681 shares as of 09/30/2008, an increase of 601.34% from the previous quarter. This position accounts for less than 0.01% of the $31.63 billion portfolio of Fisher Asset Management, LLC. John Keeley owns 1,435,675 shares as of 09/30/2008, which accounts for 0.41% of the $9.04 billion portfolio of Keeley Fund Management. Robert Rodriguez owns 2,340,300 shares as of 09/30/2008, which accounts for 7.2% of the $760 million portfolio of FPA Capital. Third Avenue Management sold out his holdings in the quarter that ended on 09/30/2008.

10% Owner Jeffrey L Et Al Gendell sold 1,203,095 more shares of TRN stock on 09/29/2008 at the average price of $27.49; the price of the stock has decreased by 42.52% since.

State Street Corp. (STT): Down 38% Since Ken Heebner Bought In the Quarter Ended on 2008-09-30

Ken Heebner initiated holdings in Investment Services company State Street Corp. during the quarter ended 09/30/2008. His purchase prices were between $59.32 and $71.42, with an estimated average price of $66.6. Since then the prices of State Street Corp. shares have declined by -38% from the estimated average. Ken Heebner owned 945,000 shares of as of 09/30/2008.

State Street Corporation is the world's leading specialist in providing sophisticated global investors with investment servicing investment management investment research and trading services. Customers include mutual funds and other collective investment funds corporate and public pension funds corporations unions and not-for-profit organizations in and outside of the United States. State Street Corp. has a market cap of $15.48 billion; its shares were traded at around $41.56 with a P/E ratio of 6.7 and P/S ratio of 1.84. The dividend yield of State Street Corp. stocks is 2.68%. State Street Corp. had an annual average earning growth of 12.6% over the past 10 years. GuruFocus rated State Street Corp. the business predictability rank of 3-star.

Ken Heebner bought 945,000 shares in the quarter that ended on 09/30/2008, which is 0.48% of the $11.29 billion portfolio of CAPITAL GROWTH MANAGEMENT LP. Ruane Cunniff bought 405,716 shares in the quarter that ended on 09/30/2008, which is 0.24% of the $9.47 billion portfolio of Ruane & Cunniff & Goldfarb Inc.

PRIMECAP Management owns 193,100 shares as of 09/30/2008, which accounts for 0.02% of the $55.92 billion portfolio of PRIMECAP Management. Chris Davis owns 3,066,479 shares as of 09/30/2008, which accounts for 0.23% of the $74.87 billion portfolio of Davis Selected Advisers. Tom Gayner owns 40,400 shares as of 09/30/2008, which accounts for 0.15% of the $1.53 billion portfolio of Markel Gayner Asset Management Corp. Kenneth Fisher owns 4,334 shares as of 09/30/2008, which accounts for less than 0.01% of the $31.63 billion portfolio of Fisher Asset Management, LLC. Dodge & Cox owns 19,200 shares as of 09/30/2008, which accounts for less than 0.01% of the $90.25 billion portfolio of Dodge & Cox.


Rating: 3.2/5 (9 votes)

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