Last week's top guru bargain stocks were Constellation Brands Inc, Time Warner Cable Inc, Apollo Group Inc, SLM Corp, Lexmark International Inc. According to GuruFocus updates, these stocks have declined the most since Gurus have bought.
Constellation Brands Inc. (STZ, Financial): Down 14% Since David Dreman Bought In the Quarter Ended on 2009-03-31
David Dreman initiated holdings in Brewers company Constellation Brands Inc. during the quarter ended 03/31/2009. He owned 13,020 shares of as of 03/31/2009. Constellation Brands Inc. is a leading international producer and marketer of beverage alcohol brands with a broad portfolio across the wine spirits and imported beer categories. The Company has a market cap of $2.63 billion; its shares were traded at around $11.9 with a P/E ratio of 7.5 and P/S ratio of 0.7. Constellation Brands Inc. had an annual average earning growth of 12.4% over the past 5 years.
Constellations recently reported its fiscal 2009 results. The company announced that its EPS was $1.60, up 11%. The company reported strong cash flow, and debt decreased by about $820 million for the year.
David Dreman bought 13,020 shares in the quarter that ended on 03/31/2009, which is less than 0.01% of the $5.74 billion portfolio of Dreman Value Management. John Rogers owns 7,341,036 shares as of 12/31/2008, which accounts for 2.79% of the $4.14 billion portfolio of ARIEL CAPITAL MANAGEMENT LLC.
Time Warner Cable Inc. (TWC, Financial): Down 23% Since Brian Rogers Bought In the Quarter Ended on 2009-03-31
Brian Rogers initiated holdings in Broadcasting & Entertainment company Time Warner Cable Inc. during the quarter ended 03/31/2009. He owned 1,275,967 shares of as of 03/31/2009. Time Warner Cable Inc. is the second-largest cable operator in the U.S. and an industry leader in developing and launching innovative video data and voice services. They deliver their services to customers over technologically-advanced well-clustered cable systems that pass approximately 26 million homes. Time Warner Cable Inc. has a market cap of $10.1 billion; its shares were traded at around $31.01 with a P/E ratio of 8.2 and P/S ratio of 0.6.
Time Warner Cable recently reported its first quarter 2009 results. The company announced that its revenue increased 5% year over year to $4.4 billion. Revenue was $4.2 billion a year ago in the same period. Time Warner Cable Chief Executive Officer Glenn Britt said: “Time Warner Cable performed well in the first quarter, growing revenues, adjusted OIBDA and free cash flow from last year. We added very healthy numbers of new subscribers to our video, high-speed data and phone services, and our commercial services business continued to grow rapidly. We’re excited to be an independent company. Cable is a very good business, and our operations are strong and growing despite a challenging economy. We continue to generate very healthy free cash flow which will enable us to reduce debt over the next year.”
Dodge & Cox bought 18,546,987 shares in the quarter that ended on 03/31/2009, which is 0.85% of the $54.08 billion portfolio of Dodge & Cox. George Soros sold out his holdings in the quarter that ended on 03/31/2009. John Paulson sold out his holdings in the quarter that ended on 03/31/2009. Carl Icahn sold out his holdings in the quarter that ended on 12/31/2008.
Sell: EVP & Chief Strategy Officer Peter C Stern sold 193 shares of TWC stock on 04/30/2009 at the average price of $31.74; the price of the stock has decreased by 2.3% since.
Apollo Group Inc. (APOL, Financial): Down 19% 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 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. Ken Heebner bought 3,200,000 shares in the quarter that ended on 12/31/2008. Andreas Halvorsen owns 8,555,600 shares as of 12/31/2008, a decrease of 21.92% of from the previous quarter. Lee Ainslie owns 1,590,305 shares as of 12/31/2008, a decrease of 64.2% of from the previous quarter
Many insiders are now selling Apollo Group, although its SVP, CFO and Treasurer, Brian L Swartz continues to buy the company. 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 15.58% since.
SLM Corp. (SLM, Financial): Down 27% 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 $2.59 billion; its shares were traded at around $5.55 with a P/E ratio of 8.1 and P/S ratio of 0.4. 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 3 cents.
David Dreman bought 39,370 shares in the quarter that ended on 03/31/2009, which is less than 0.01% of the $5.74 billion portfolio of Dreman Value Management. Irving Kahn owns 1,138,113 shares as of 03/31/2009, an increase of 10.84% from the previous quarter. This position accounts for 1.62% of the $347 million portfolio of Kahn Brothers & Company Inc.. Ruane Cunniff sold out his holdings in the quarter that ended on 12/31/2008.
Many of SLM's insiders are increasing their positions in the company. Executive Vice President & CLO John J Hewes bought 15,000 shares of SLM stock on 01/30/2009. Additionally, Earl A Goode and Anthony P Terracciano also bought more shares of the company.
Lexmark International Inc. (LXK, Financial): Down 18% Since David Dreman Bought In the Quarter Ended on 2009-03-31
David Dreman initiated holdings in Computer Hardware company Lexmark International Inc. during the quarter ended 03/31/2009. He owned 10,020 shares of as of 03/31/2009. Lexmark International Inc. makes it easier for businesses and consumers to move information between the digital and paper worlds. The company has a market cap of $1.34 billion; its shares were traded at around $17.12 with a P/E ratio of 5.3 and P/S ratio of 0.3. Lexmark International Inc. had an annual average earning growth of 7.1% over the past 10 years.
Lexmark recently reported its first quarter 2009 results. The company announced that its revenue was $944 million, down 20% from $1.18 billion in the first quarter of 2008. "While EPS were above our expectation in the quarter, market conditions continue to negatively impact both Lexmarkvalue="NYSE:LXK" and the overall distributed printing market," said Paul J. Curlander, Lexmarkvalue="NYSE:LXK" chairman and chief executive officer. "Despite this, we are continuing to execute well on our key strategic initiatives to reach higher page generating segments of the market and to strengthen the company during this economic downturn.”
David Dreman bought 10,020 shares in the quarter that ended on 03/31/2009, which is less than 0.01% of the $5.74 billion portfolio of Dreman Value Management. Third Avenue Management owns 1,864,367 shares as of 12/31/2008, a decrease of 24% of from the previous quarter. This position accounts for 0.89% of the $3.98 billion portfolio of Third Avenue Management. Joel Greenblatt sold out his holdings in the quarter that ended on 12/31/2008.
Constellation Brands Inc. (STZ, Financial): Down 14% Since David Dreman Bought In the Quarter Ended on 2009-03-31
David Dreman initiated holdings in Brewers company Constellation Brands Inc. during the quarter ended 03/31/2009. He owned 13,020 shares of as of 03/31/2009. Constellation Brands Inc. is a leading international producer and marketer of beverage alcohol brands with a broad portfolio across the wine spirits and imported beer categories. The Company has a market cap of $2.63 billion; its shares were traded at around $11.9 with a P/E ratio of 7.5 and P/S ratio of 0.7. Constellation Brands Inc. had an annual average earning growth of 12.4% over the past 5 years.
Constellations recently reported its fiscal 2009 results. The company announced that its EPS was $1.60, up 11%. The company reported strong cash flow, and debt decreased by about $820 million for the year.
David Dreman bought 13,020 shares in the quarter that ended on 03/31/2009, which is less than 0.01% of the $5.74 billion portfolio of Dreman Value Management. John Rogers owns 7,341,036 shares as of 12/31/2008, which accounts for 2.79% of the $4.14 billion portfolio of ARIEL CAPITAL MANAGEMENT LLC.
Time Warner Cable Inc. (TWC, Financial): Down 23% Since Brian Rogers Bought In the Quarter Ended on 2009-03-31
Brian Rogers initiated holdings in Broadcasting & Entertainment company Time Warner Cable Inc. during the quarter ended 03/31/2009. He owned 1,275,967 shares of as of 03/31/2009. Time Warner Cable Inc. is the second-largest cable operator in the U.S. and an industry leader in developing and launching innovative video data and voice services. They deliver their services to customers over technologically-advanced well-clustered cable systems that pass approximately 26 million homes. Time Warner Cable Inc. has a market cap of $10.1 billion; its shares were traded at around $31.01 with a P/E ratio of 8.2 and P/S ratio of 0.6.
Time Warner Cable recently reported its first quarter 2009 results. The company announced that its revenue increased 5% year over year to $4.4 billion. Revenue was $4.2 billion a year ago in the same period. Time Warner Cable Chief Executive Officer Glenn Britt said: “Time Warner Cable performed well in the first quarter, growing revenues, adjusted OIBDA and free cash flow from last year. We added very healthy numbers of new subscribers to our video, high-speed data and phone services, and our commercial services business continued to grow rapidly. We’re excited to be an independent company. Cable is a very good business, and our operations are strong and growing despite a challenging economy. We continue to generate very healthy free cash flow which will enable us to reduce debt over the next year.”
Dodge & Cox bought 18,546,987 shares in the quarter that ended on 03/31/2009, which is 0.85% of the $54.08 billion portfolio of Dodge & Cox. George Soros sold out his holdings in the quarter that ended on 03/31/2009. John Paulson sold out his holdings in the quarter that ended on 03/31/2009. Carl Icahn sold out his holdings in the quarter that ended on 12/31/2008.
Sell: EVP & Chief Strategy Officer Peter C Stern sold 193 shares of TWC stock on 04/30/2009 at the average price of $31.74; the price of the stock has decreased by 2.3% since.
Apollo Group Inc. (APOL, Financial): Down 19% 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 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. Ken Heebner bought 3,200,000 shares in the quarter that ended on 12/31/2008. Andreas Halvorsen owns 8,555,600 shares as of 12/31/2008, a decrease of 21.92% of from the previous quarter. Lee Ainslie owns 1,590,305 shares as of 12/31/2008, a decrease of 64.2% of from the previous quarter
Many insiders are now selling Apollo Group, although its SVP, CFO and Treasurer, Brian L Swartz continues to buy the company. 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 15.58% since.
SLM Corp. (SLM, Financial): Down 27% 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 $2.59 billion; its shares were traded at around $5.55 with a P/E ratio of 8.1 and P/S ratio of 0.4. 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 3 cents.
David Dreman bought 39,370 shares in the quarter that ended on 03/31/2009, which is less than 0.01% of the $5.74 billion portfolio of Dreman Value Management. Irving Kahn owns 1,138,113 shares as of 03/31/2009, an increase of 10.84% from the previous quarter. This position accounts for 1.62% of the $347 million portfolio of Kahn Brothers & Company Inc.. Ruane Cunniff sold out his holdings in the quarter that ended on 12/31/2008.
Many of SLM's insiders are increasing their positions in the company. Executive Vice President & CLO John J Hewes bought 15,000 shares of SLM stock on 01/30/2009. Additionally, Earl A Goode and Anthony P Terracciano also bought more shares of the company.
Lexmark International Inc. (LXK, Financial): Down 18% Since David Dreman Bought In the Quarter Ended on 2009-03-31
David Dreman initiated holdings in Computer Hardware company Lexmark International Inc. during the quarter ended 03/31/2009. He owned 10,020 shares of as of 03/31/2009. Lexmark International Inc. makes it easier for businesses and consumers to move information between the digital and paper worlds. The company has a market cap of $1.34 billion; its shares were traded at around $17.12 with a P/E ratio of 5.3 and P/S ratio of 0.3. Lexmark International Inc. had an annual average earning growth of 7.1% over the past 10 years.
Lexmark recently reported its first quarter 2009 results. The company announced that its revenue was $944 million, down 20% from $1.18 billion in the first quarter of 2008. "While EPS were above our expectation in the quarter, market conditions continue to negatively impact both Lexmarkvalue="NYSE:LXK" and the overall distributed printing market," said Paul J. Curlander, Lexmarkvalue="NYSE:LXK" chairman and chief executive officer. "Despite this, we are continuing to execute well on our key strategic initiatives to reach higher page generating segments of the market and to strengthen the company during this economic downturn.”
David Dreman bought 10,020 shares in the quarter that ended on 03/31/2009, which is less than 0.01% of the $5.74 billion portfolio of Dreman Value Management. Third Avenue Management owns 1,864,367 shares as of 12/31/2008, a decrease of 24% of from the previous quarter. This position accounts for 0.89% of the $3.98 billion portfolio of Third Avenue Management. Joel Greenblatt sold out his holdings in the quarter that ended on 12/31/2008.
