Weekly Guru Bargains Highlights: Ameren Corp, Apollo Group Inc, Pepco Holdings Inc and SLM Corp

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May 04, 2009
Last week's top guru bargain stocks were Ameren Corp, Apollo Group Inc, Pepco Holdings Inc, and SLM Corp. According to GuruFocus updates, these stocks have declined the most since Gurus have bought.

Ameren Corp. (AEE, Financial): Down 12% Since John Hussman Bought In the Quarter Ended on 2009-03-31

John Hussman added to his holdings in Electricity company Ameren Corp. by 33.33% during the quarter ended 03/31/2009. He owned 200,000 shares of as of 03/31/2009. Ameren Corporation companies provide energy services customers in Missouri and Illinois. The company has a market cap of $5.09 billion; its shares were traded at around $23.95 with a P/E ratio of 8.46 and P/S ratio of 0.65. The dividend yield of Ameren Corp. stocks is 6.43%. Ameren Corp. had an annual average earning growth of 0.6% over the past 10 years. GuruFocus rated Ameren Corp. the business predictability rank of 2-star.

Ameran recently reported its first quarter 2009 results. The company announced that its Earnings per Share was 66 cents per share, or $141 million. Net income was 54 cents per share."Despite the challenges of the current economic downturn, we remain focused on executing our strategy," said Thomas R. Voss, president and chief executive officer of Ameren Corporationvalue="NYSE:AEE". "That strategy calls for prudently investing in our regulated businesses to meet our customers' needs and expectations, achieving constructive regulatory frameworks and returns and optimizing our non-rate-regulated generating assets. I expect execution of this strategy will position us to deliver solid, long-term shareholder value."

John Hussman owns 150,000 shares as of 12/31/2008, an increase of 200% from the previous quarter. This position accounts for 0.15% of the $4.07 billion portfolio of Hussman Economtrics Advisors, Inc.. John Hussman owns 200,000 shares as of 03/31/2009, an increase of 33.33% from the previous quarter. This position accounts for 0.11% of the $4.07 billion portfolio of Hussman Economtrics Advisors, Inc.. Kenneth Fisher sold out his holdings in the quarter that ended on 03/31/2009.

Apollo Group Inc. (APOL, Financial): Down 24% Since Kenneth Fisher Bought In the Quarter Ended on 2009-03-31

Kenneth Fisher initiated holdings in Specialized Consumer Services company Apollo Group Inc. during the quarter ended 03/31/2009. He owned 2,650 shares of as of 03/31/2009. Apollo Group Inc. has been providing higher education to working adults for over 25 years. The company has a market cap of $9.46 billion; its shares were traded at around $59.45 with a P/E ratio of 17.03 and P/S ratio of 3.01. Apollo Group Inc. had an annual average earning growth of 29.1% over the past 10 years. GuruFocus rated Apollo Group Inc. the business predictability rank of 4-star.

Apollo recently reported its second quarter 2009 results. The company announced that its net revenue was $876 million, which was 26.3% higher than its second quarter 2008 results. “We are pleased with the growth in revenue and enrollments in our second quarter and we believe we are continuing to benefit from investments we are making in key academic and operational areas,” said Chas Edelstein, Chief Executive Officer of Apollo Group. “ University of Phoenix again contributed significantly to our results, driven by 20% Degreed Enrollment growth, bringing the total during the quarter to nearly 400,000 students. This growth would not be possible without the incredible commitment of our faculty and staff who work tirelessly to provide a high level of academic quality in the classroom and outstanding support to our students.”

Kenneth Fisher bought 2,650 shares in the quarter that ended on 03/31/2009, which is less than 0.01% of the $20.33 billion portfolio of Fisher Asset Management, LLC. Ken Heebner bought 3,200,000 shares in the quarter that ended on 12/31/2008, which is 3.57% of the $6.87 billion portfolio of CAPITAL GROWTH MANAGEMENT LP. Andreas Halvorsen owns 8,555,600 shares as of 12/31/2008, a decrease of 21.92% of from the previous quarter. This position accounts for 18.58% of the $3.5 billion portfolio of Viking Global Investors LP. Lee Ainslie owns 1,590,305 shares as of 12/31/2008, a decrease of 64.2% of from the previous quarter. This position accounts for 2.5% of the $4.88 billion portfolio of . Kenneth Fisher sold out his holdings in the quarter that ended on 12/31/2008. John Hussman sold out his holdings in the quarter that ended on 12/31/2008.

APOL was recently bought by its CFO: Brian L Swartz . He bought 1,000 shares of APOL stock on 04/03/2009 at the average price of $67.6; the price of the stock has decreased by 12.06% since.

Pepco Holdings Inc. (POM, Financial): Down 19% Since John Hussman Bought In the Quarter Ended on 2009-03-31

John Hussman added to his holdings in Electricity company Pepco Holdings Inc. by 50% during the quarter ended 03/31/2009. He owned 300,000 shares of as of 03/31/2009. Pepco Holdings Inc. is an energy holding company. It has a market cap of $2.69 billion; its shares were traded at around $12.25 with a P/E ratio of 6.35 and P/S ratio of 0.25. The dividend yield of Pepco Holdings Inc. stocks is 8.82%.

Robert Bruce bought 10,900 shares in the quarter that ended on 12/31/2008, which is 0.27% of the $72 million portfolio of Bruce & Co., Inc.. John Hussman owns 300,000 shares as of 03/31/2009, an increase of 50% from the previous quarter. This position accounts for 0.09% of the $4.07 billion portfolio of Hussman Economtrics Advisors, Inc.. John Hussman owns 200,000 shares as of 12/31/2008, an increase of 33.33% from the previous quarter. This position accounts for 0.11% of the $4.07 billion portfolio of Hussman Economtrics Advisors, Inc..

Pepco Holdings recently reported its fourth quarter and full year 2008 results. The company reported that it had earnings of about $300 million, or $1.47 per share. This is $34 million lower than the company's earnings results of 2007. “The year 2008 marks an outstanding year of financial performance for our operating businesses,” said Dennis R. Wraase, Chairman of the Board. “In Power Delivery, we set out to earn a fair return on our infrastructure investments, control costs and start the process of decoupling revenue from kilowatt hour sales. Our results for the year reflect our achievements in these areas as well as the performance of Conectiv Energy and Pepco Energy Services, each of which continued its track record of posting strong results.”

President and CEO Joseph M Rigby bought 10,000 shares of POM stock on 03/09/2009 at the average price of $10.23; the price of the stock has increased by 19.75% since. The company was also bought by many other insiders, including Lester P Silverman, David M Velazquez, and Kirk J Emge.

SLM Corp. (SLM, Financial): Down 31% Since Irving Kahn Bought In the Quarter Ended on 2009-03-31

Irving Kahn added to his holdings in Consumer Finance company SLM Corp. by 10.84% during the quarter ended 03/31/2009. He owned 1,138,113 shares of as of 03/31/2009. SLM Corporation is the one of nation's largest private sources of funding and servicing support for higher education loans for students and their parents. The company has a market cap of $2.46 billion; its shares were traded at around $5.26 with a P/E ratio of 7.74 and P/S ratio of 0.32. SLM Corp. had an annual average earning growth of 12.8% over the past 10 years.

SLM recently reported its first quarter 2009 results. The company announced that its first quarter net income was $14 million. However, after payment of dividends to holders of the company's preferred stock, the company reported a core earnings diluted loss per common share of $.03.

Irving Kahn owns 1,026,803 shares as of 12/31/2008, an increase of 81.69% from the previous quarter. Brian Rogers owns 9,750,000 shares as of 12/31/2008, which accounts for 0.64% of the $11.33 billion portfolio of T Rowe Price Equity Income Fund. Edward Lampert owns 6,018,100 shares as of 12/31/2008, which accounts for 0.69% of the $7.76 billion portfolio of ESL Investments. Ruane Cunniff sold out his holdings in the quarter that ended on 12/31/2008.

Buy: Executive Vice President & CLO John J Hewes bought 15,000 shares of SLM stock on 01/30/2009 at the average price of $11.4; the price of the stock has decreased by 53.86% since.