Weekly Guru Bargains Highlights: Associated BancCorp, The Hanover Insurance Group, Celgene, Southwest Airlines, and DreamWorks Animation SKG

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Apr 25, 2009
According to GuruFocus updates, these stocks have declined the most since Gurus have bought.


Associated BancCorp (ASBC, Financial): Down 22% Since David Dreman Bought In the Quarter Ended on 2008-12-31


David Dreman initiated holdings in Banks company Associated BancCorp during the quarter ended 12/31/2008. He owned 1,008,169 shares of as of 12/31/2008. Associated Banc-Corp is a diversified multibank holding company. The company has a market cap of $1.89 billion; its shares were traded at around $14.8 with a P/E ratio of 13 and P/S ratio of 1.3. The dividend yield of Associated BancCorp stocks is 8.6%. Associated BancCorp had an annual average earning growth of 5.6% over the past 10 years.


Associated BancCorp recently reported its first quarter results. The company anounced that its first quarter earnings were 28 cents per share, which more than doubled last year's results of 11 cents per share. Net interest income was down about $2 million compared to results from a year ago.


David Dreman bought 1,008,169 shares in the quarter that ended on 12/31/2008, which is 0.27% of the $7.73 billion portfolio of Dreman Value Management. Andreas Halvorsen sold out his holdings in the quarter that ended on 12/31/2008.


Sell: Executive Vice President, Gordon J Weber sold 86,500 shares of ASBC stock on 03/06/2009 at the average price of $10.68; the price of the stock has increased by 38.58% since.


The Hanover Insurance Group Inc. (THG, Financial): Down 23% Since John Keeley Bought In the Quarter Ended on 2008-12-31


John Keeley added to his holdings in Property & Casualty Insurance company The Hanover Insurance Group Inc. by 21.91% during the quarter ended 12/31/2008. He owned 1,895,710 shares of as of 12/31/2008. Allmerica Financial Corp. is a non-insurance holding company. The Company has a market cap of $1.49 billion; its shares were traded at around $29.19 with a P/E ratio of 8.5 and P/S ratio of 0.6. The dividend yield of The Hanover Insurance Group Inc. stocks is 1.4%. The Hanover Insurance Group Inc. had an annual average earning growth of 32.3% over the past 5 years.


The Hanover Insurance Group Inc .recently reported its fourth quarter and full year 2008 results. The company announced that its net income was $34.1 million, or 66 cents per share for the fourth quarter of 2008. For the full year of 2008, net income was $20.6 million, or 40 cents per share.


John Keeley owns 1,895,710 shares as of 12/3/12008, an increase of 21.91% from the previous quarter. This position accounts for 1.36% of the $6 billion portfolio of Keeley Fund Management. Jean-Marie Eveillard owns 1,241 shares as of 12/31/2008, which accounts for less than 0.01% of the $7.54 billion portfolio of Arnhold & S. Bleichroeder Advisers, LLC. HOTCHKIS & WILEY owns 2,497,900 shares as of 12/31/2008, a decrease of 20.42% of from the previous quarter.


Buy: Director Neal F Finnegan bought 3,000 shares of THG stock on 11/04/2008 at the average price of $40.33; the price of the stock has decreased by 27.62% since.


Celgene Corp. (CELG, Financial): Down 28% Since Ken Heebner Bought In the Quarter Ended on 2008-12-31


Ken Heebner initiated holdings in Biotechnology company Celgene Corp. during the quarter ended 12/31/2008. He owned 1,900,000 shares of as of 12/31/2008. Celgene Corp. is an independent biopharmaceutical company. Celgene Corp. has a market cap of $18.31 billion; its shares were traded at around $39.86 with a P/E ratio of 28.8 and P/S ratio of 8.


Celgene Corp. recently reported its fourth quarter and full year 2008 results. The company announced that its non-GAAP total revenue increased over 50%, to $623 Million, while the company's GAAP Total Revenue was $628 Million for the fourth quarter of 2008. Full year total revenue was $2.2 billion, rising 59% compared to the full year revenue of 2007.


Ken Heebner bought 1,900,000 shares in the quarter that ended on 12/31/2008, which is 1.53% of the $6.87 billion portfolio of CAPITAL GROWTH MANAGEMENT LP. Kenneth Fisher owns 321,286 shares as of 12/31/2008, which accounts for 0.08% of the $20.33 billion portfolio of Fisher Asset Management, LLC. David Swensen owns 6,292 shares as of 12/31/2008, which accounts for 0.38% of the $91 million portfolio of Yale University. Kenneth Fisher owns 320,610 shares as of 03/31/2009, which accounts for 0.07% of the $20.33 billion portfolio of Fisher Asset Management, LLC.


Sell: CEO, Director Sol J Barer sold 250,388 shares of CELG stock on 10/30/2008 at the average price of $63.38; the price of the stock has decreased by 37.11% since.


Southwest Airlines Co. (LUV, Financial): Down 23% Since John Hussman Bought In the Quarter Ended on 2008-12-31


John Hussman initiated holdings in Airlines company Southwest Airlines Co. during the quarter ended 12/31/2008. He owned 1,500,000 shares of as of 12/31/2008. Southwest Airlines is a major domestic airline that provides primarily shorthaul high-frequency point-to-point low-fare service. Southwest Airlines Co. has a market cap of $5.62 billion; its shares were traded at around $7.59 with a P/E ratio of 25.3 and P/S ratio of 0.5. The dividend yield of Southwest Airlines Co. stocks is 0.3%. Southwest Airlines Co. had an annual average earning growth of 4.3% over the past 10 years. GuruFocus rated Southwest Airlines Co. the business predictability rank of 2-star.


Southwest Airlines recently reported its fourth quarter 2008 results. The company announced that it had its 36th consecutive year of profitability in the full year of 2008. Net income was $61 million for the fourth quarter of 2008, which was down 30% compared to the fourth quarter of 2007.


Brian Rogers bought 10,000,000 shares in the quarter that ended on 03/31/2009, which is 0.56% of the $11.33 billion portfolio of T Rowe Price Equity Income Fund. John Hussman bought 1,500,000 shares in the quarter that ended on 12/31/2008, which is 0.38% of the $3.37 billion portfolio of Hussman Economtrics Advisors, Inc.. PRIMECAP Management owns 63,084,676 shares as of 12/31/2008, which accounts for 1.25% of the $43.42 billion portfolio of PRIMECAP Management. Brian Rogers sold out his holdings in the quarter that ended on 12/31/2008.


DreamWorks Animation SKG Inc. (DWA, Financial): Down 24% Since John Hussman Bought In the Quarter Ended on 2008-12-31


John Hussman added to his holdings in Broadcasting & Entertainment company DreamWorks Animation SKG Inc. by 33.33% during the quarter ended 12/31/2008. He owned 1,000,000 shares of as of 12/31/2008. Dream Works Animation SKG Inc. develops and produces computer generated animated feature films for a broad movie-going audience. DreamWorks Animation SKG Inc. has a market cap of $1.68 billion; its shares were traded at around $18.84 with a P/E ratio of 13.1 and P/S ratio of 2.6.


DreamWorks Animation recently reported its fourth quarter and full year 2008 results. The company reported that its total revenue was $200 million for the fourth quarter of 2008. Full year revenue was $650 million, or $1.57 per share.


John Hussman owns 1,000,000 shares as of 12/31/2008, an increase of 33.33% from the previous quarter. This position accounts for 0.75% of the $3.37 billion portfolio of Hussman Economtrics Advisors, Inc.. David Dreman owns 776,119 shares as of 12/31/2008, which accounts for 0.25% of the $7.73 billion portfolio of Dreman Value Management.