Last week’s top five guru bargains were Pepco Holdings Inc. ( POM), GameStop Corp. (GME, Financial), Apollo Group Inc. (APOL, Financial), Cardinal Health Inc. (CAH, Financial), and Valero Energy Corp. (VLO, Financial).According to GuruFocus updates, these stocks have declined the most since Gurus have bought.
Pepco Holdings Inc. (POM, Financial): Down 11% Since Robert Bruce Bought In the Quarter Ended on 2009-03-31
Robert Bruce added to his holdings in Electricity company Pepco Holdings Inc. by 458.72% during the quarter ended 03/31/2009. His purchase prices were between $10.36 and $18.13, with an estimated average price of $15.1. Since then the prices of Pepco Holdings Inc. shares have declined by -11% from the estimated average. Robert Bruce owned 60,900 shares of as of 03/31/2009.
Pepco Holdings Inc. is an energy holding company. Pepco has been providing reliable electric service for more than one hundred years. Today they deliver electricity to homes and businesses in the District of Columbia and its Maryland suburbs. Pepco Holdings Inc. has a market cap of $2.95 billion; its shares were traded at around $13.39 with a P/E ratio of 8.3 and P/S ratio of 0.3. The dividend yield of Pepco Holdings Inc. stocks is 8%.
Pepco recently reported its first quarter 2009 results. The company announced consolidated earnings of 21 cents per share, compared to 49 cents per share in the first quarter of 2008.
David Dreman bought 15,070 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. Robert Bruce owns 60,900 shares as of 03/31/2009, an increase of 458.72% from the previous quarter. This position accounts for 1.01% 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..
Buy: 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 30.89% since.
GameStop Corp. (GME): Down 14% Since Ken Heebner Bought In the Quarter Ended on 2009-03-31
Ken Heebner initiated holdings in Specialty Retailers company GameStop Corp. during the quarter ended 03/31/2009. His purchase prices were between $22.38 and $28.01, with an estimated average price of $25.8. Since then the prices of GameStop Corp. shares have declined by -14% from the estimated average. Ken Heebner owned 115,000 shares of as of 03/31/2009.
GameStop Corp. is the world's largest video game and entertainment software retailer. The company operates 4816 retail stores across the United States and in fifteen countries worldwide. The company also operates two e-commerce sites GameStop.com and EBgames.com and publishes Game Informer? magazine a leading multi-platform video game publication. GameStop Corp. sells new and used video game software hardware and accessories for next generation video game systems from Sony Nintendo and Microsoft. In addition the company sells PC entertainment software related accessories and other merchandise. GameStop Corp. has a market cap of $3.65 billion; its shares were traded at around $22.17 with a P/E ratio of 9 and P/S ratio of 0.4. GameStop Corp. had an annual average earning growth of 11.2% over the past 5 years.
GameStop recently reported record results for the first quarter of 2009. The company announced that its net earnings increased 13.4% compared to the first quarter of 2008. Net sales also increased 9.2%.
Ken Heebner bought 115,000 shares in the quarter that ended on 03/31/2009, which is 0.06% of the $5.4 billion portfolio of CAPITAL GROWTH MANAGEMENT LP. Kenneth Fisher owns 594,525 shares as of 03/31/2009, which accounts for 0.08% of the $20.33 billion portfolio of Fisher Asset Management, LLC.
Sell: CEO, Director Daniel A Dematteo sold 40,237 shares of GME stock on 02/11/2009 at the average price of $27.1; the price of the stock has decreased by 18.19% since.
Apollo Group Inc. (APOL): Down 13% Since Lee Ainslie Bought In the Quarter Ended on 2009-03-31
Lee Ainslie added to his holdings in Specialized Consumer Services company Apollo Group Inc. by 13.75% during the quarter ended 03/31/2009. His purchase prices were between $64.69 and $89.22, with an estimated average price of $78.4. Since then the prices of Apollo Group Inc. shares have declined by -13% from the estimated average. Lee Ainslie owned 1,808,920 shares of as of 03/31/2009.
Apollo Group Inc. has been providing higher education to working adults for over 25 years. They operate through their subsidiaries the University of Phoenix Inc. the Institute for Professional Development the College for Financial Planning Institutes Corporation Western International University Inc. and Apollo Learning Group Inc. Apollo Group Inc. has a market cap of $10.98 billion; its shares were traded at around $68.5 with a P/E ratio of 19.5 and P/S ratio of 3.5. 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.” The company also reported that it would announce its third quarter results on the 29 th of June, after the market closes.
Steve Mandel bought 1,888,980 shares in the quarter that ended on 03/31/2009, which is 2.25% of the $6.58 billion portfolio of Lone Pine Capital. Ken Heebner owns 3,920,500 shares as of 03/31/2009, an increase of 22.52% from the previous quarter. Lee Ainslie owns 1,808,920 shares as of 03/31/2009, an increase of 13.75% from the previous quarter.
Andreas Halvorsen owns 5,781,300 shares as of 03/31/2009, a decrease of 32.43% of from the previous quarter. This position accounts for 12.67% of the $3.58 billion portfolio of Viking Global Investors LP.
Buy: SVP, CFO & Treasurer Brian L Swartz bought 1,000 shares of APOL stock on 04/03/2009 at the average price of $67.6; the price of the stock has increased by 1.33% since.
Cardinal Health Inc. (CAH): Down 11% Since David Dreman Bought In the Quarter Ended on 2009-03-31
David Dreman added to his holdings in Drug Retailers company Cardinal Health Inc. by 26.42% during the quarter ended 03/31/2009. His purchase prices were between $29.69 and $39.36, with an estimated average price of $34.8. Since then the prices of Cardinal Health Inc. shares have declined by -11% from the estimated average. David Dreman owned 7,895 shares of as of 03/31/2009.
Cardinal Health Inc. is one of the leading providers of products and services to healthcare providers and manufacturers to help them improve the efficiency and quality of healthcare. These services and products include Pharmaceutical Distribution and Provider Services Medical-Surgical Products and Services Pharmaceutical Technologies and Services and Automation and Information Services. Cardinal Health Inc. has a market cap of $11.15 billion; its shares were traded at around $30.96 with a P/E ratio of 8.5 and P/S ratio of 0.1. The dividend yield of Cardinal Health Inc. stocks is 1.8%. Cardinal Health Inc. had an annual average earning growth of 10.7% over the past 10 years. GuruFocus rated Cardinal Health Inc. the business predictability rank of 3-star.
Richard Pzena owns 5,212,050 shares as of 03/31/2009, an increase of 13625% from the previous quarter. This position accounts for 2.36% of the $6.95 billion portfolio of Pzena Investment Management LLC. David Dreman owns 7,895 shares as of 03/31/2009, an increase of 26.42% from the previous quarter. This position accounts for less than 0.01% of the $5.74 billion portfolio of Dreman Value Management. Richard Perry sold out his holdings in the quarter that ended on 03/31/2009. Wallace Weitz sold out his holdings in the quarter that ended on 03/31/2009.
Cardinal recently reported its third quarter results. The company also announced that it increased its revenue by about 25% during the quarter.
Valero Energy Corp. (VLO): Down 22% Since Richard Pzena Bought In the Quarter Ended on 2009-03-31
Richard Pzena initiated holdings in Exploration & Production company Valero Energy Corp. during the quarter ended 03/31/2009. His purchase prices were between $16.24 and $24.43, with an estimated average price of $21.1. Since then the prices of Valero Energy Corp. shares have declined by -22% from the estimated average. Richard Pzena owned 879,875 shares of as of 03/31/2009.
Valero Energy Corporation owns and operates refineries in the United States and Canada with a combined throughput capacity of approximately two million BPD making it one of the nation's top refiners of petroleum products. Valero is also one of the nation's leading retail operators with retail outlets in the United States and Canada under various brand names including Diamond Shamrock Ultramar Valero Beacon and Total. Valero Energy Corp. has a market cap of $8.51 billion; its shares were traded at around $16.48 with a P/E ratio of 3.2 and P/S ratio of 0.1. The dividend yield of Valero Energy Corp. stocks is 3.6%. Valero Energy Corp. had an annual average earning growth of 35.9% over the past 10 years. GuruFocus rated Valero Energy Corp. the business predictability rank of 4.5-star.
Valero recently reported its first quarter 2009 results. The company announced that its net income was 59 cents per share, compared to 48 cents per share in the first quarter of 2008. “We reported positive earnings despite weaker demand,” said Bill Klesse, Valero’s Chairman of the Board and Chief Executive Officer. “In fact, our first quarter 2009 earnings per share were 23% higher than the first quarter of 2008, and 64% higher if you exclude last year’s insurance recovery. In all our regions, gasoline margins were unseasonably strong and nearly double the level in the same quarter last year. Diesel and jet fuel margins were also good in the first quarter despite being down from last year’s high levels.
Richard Pzena bought 879,875 shares in the quarter that ended on 03/31/2009, which is 0.23% of the $6.95 billion portfolio of Pzena Investment Management LLC. Charles Brandes owns 3,068,516 shares as of 03/31/2009, an increase of 104.76% from the previous quarter. This position accounts for 0.34% of the $16.16 billion portfolio of Brandes Investment. John Griffin sold out his holdings in the quarter that ended on 03/31/2009.
Many directors are recently selling off their positions in the company. Director Susan Kaufman Purcell sold 8,000 shares of VLO stock on 05/08/2009 at the average price of $22.98; the price of the stock has decreased by 28.29% since. Director Susan Kaufman Purcell sold 6,827 more shares of VLO stock on 05/06/2009 at the average price of $22.28; the price of the stock has decreased by 26.03% since.
For the complete list of stocks that Guru Bargains, go to: Value Bargains of Gurus.
Pepco Holdings Inc. (POM, Financial): Down 11% Since Robert Bruce Bought In the Quarter Ended on 2009-03-31
Robert Bruce added to his holdings in Electricity company Pepco Holdings Inc. by 458.72% during the quarter ended 03/31/2009. His purchase prices were between $10.36 and $18.13, with an estimated average price of $15.1. Since then the prices of Pepco Holdings Inc. shares have declined by -11% from the estimated average. Robert Bruce owned 60,900 shares of as of 03/31/2009.
Pepco Holdings Inc. is an energy holding company. Pepco has been providing reliable electric service for more than one hundred years. Today they deliver electricity to homes and businesses in the District of Columbia and its Maryland suburbs. Pepco Holdings Inc. has a market cap of $2.95 billion; its shares were traded at around $13.39 with a P/E ratio of 8.3 and P/S ratio of 0.3. The dividend yield of Pepco Holdings Inc. stocks is 8%.
Pepco recently reported its first quarter 2009 results. The company announced consolidated earnings of 21 cents per share, compared to 49 cents per share in the first quarter of 2008.
David Dreman bought 15,070 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. Robert Bruce owns 60,900 shares as of 03/31/2009, an increase of 458.72% from the previous quarter. This position accounts for 1.01% 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..
Buy: 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 30.89% since.
GameStop Corp. (GME): Down 14% Since Ken Heebner Bought In the Quarter Ended on 2009-03-31
Ken Heebner initiated holdings in Specialty Retailers company GameStop Corp. during the quarter ended 03/31/2009. His purchase prices were between $22.38 and $28.01, with an estimated average price of $25.8. Since then the prices of GameStop Corp. shares have declined by -14% from the estimated average. Ken Heebner owned 115,000 shares of as of 03/31/2009.
GameStop Corp. is the world's largest video game and entertainment software retailer. The company operates 4816 retail stores across the United States and in fifteen countries worldwide. The company also operates two e-commerce sites GameStop.com and EBgames.com and publishes Game Informer? magazine a leading multi-platform video game publication. GameStop Corp. sells new and used video game software hardware and accessories for next generation video game systems from Sony Nintendo and Microsoft. In addition the company sells PC entertainment software related accessories and other merchandise. GameStop Corp. has a market cap of $3.65 billion; its shares were traded at around $22.17 with a P/E ratio of 9 and P/S ratio of 0.4. GameStop Corp. had an annual average earning growth of 11.2% over the past 5 years.
GameStop recently reported record results for the first quarter of 2009. The company announced that its net earnings increased 13.4% compared to the first quarter of 2008. Net sales also increased 9.2%.
Ken Heebner bought 115,000 shares in the quarter that ended on 03/31/2009, which is 0.06% of the $5.4 billion portfolio of CAPITAL GROWTH MANAGEMENT LP. Kenneth Fisher owns 594,525 shares as of 03/31/2009, which accounts for 0.08% of the $20.33 billion portfolio of Fisher Asset Management, LLC.
Sell: CEO, Director Daniel A Dematteo sold 40,237 shares of GME stock on 02/11/2009 at the average price of $27.1; the price of the stock has decreased by 18.19% since.
Apollo Group Inc. (APOL): Down 13% Since Lee Ainslie Bought In the Quarter Ended on 2009-03-31
Lee Ainslie added to his holdings in Specialized Consumer Services company Apollo Group Inc. by 13.75% during the quarter ended 03/31/2009. His purchase prices were between $64.69 and $89.22, with an estimated average price of $78.4. Since then the prices of Apollo Group Inc. shares have declined by -13% from the estimated average. Lee Ainslie owned 1,808,920 shares of as of 03/31/2009.
Apollo Group Inc. has been providing higher education to working adults for over 25 years. They operate through their subsidiaries the University of Phoenix Inc. the Institute for Professional Development the College for Financial Planning Institutes Corporation Western International University Inc. and Apollo Learning Group Inc. Apollo Group Inc. has a market cap of $10.98 billion; its shares were traded at around $68.5 with a P/E ratio of 19.5 and P/S ratio of 3.5. 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.” The company also reported that it would announce its third quarter results on the 29 th of June, after the market closes.
Steve Mandel bought 1,888,980 shares in the quarter that ended on 03/31/2009, which is 2.25% of the $6.58 billion portfolio of Lone Pine Capital. Ken Heebner owns 3,920,500 shares as of 03/31/2009, an increase of 22.52% from the previous quarter. Lee Ainslie owns 1,808,920 shares as of 03/31/2009, an increase of 13.75% from the previous quarter.
Andreas Halvorsen owns 5,781,300 shares as of 03/31/2009, a decrease of 32.43% of from the previous quarter. This position accounts for 12.67% of the $3.58 billion portfolio of Viking Global Investors LP.
Buy: SVP, CFO & Treasurer Brian L Swartz bought 1,000 shares of APOL stock on 04/03/2009 at the average price of $67.6; the price of the stock has increased by 1.33% since.
Cardinal Health Inc. (CAH): Down 11% Since David Dreman Bought In the Quarter Ended on 2009-03-31
David Dreman added to his holdings in Drug Retailers company Cardinal Health Inc. by 26.42% during the quarter ended 03/31/2009. His purchase prices were between $29.69 and $39.36, with an estimated average price of $34.8. Since then the prices of Cardinal Health Inc. shares have declined by -11% from the estimated average. David Dreman owned 7,895 shares of as of 03/31/2009.
Cardinal Health Inc. is one of the leading providers of products and services to healthcare providers and manufacturers to help them improve the efficiency and quality of healthcare. These services and products include Pharmaceutical Distribution and Provider Services Medical-Surgical Products and Services Pharmaceutical Technologies and Services and Automation and Information Services. Cardinal Health Inc. has a market cap of $11.15 billion; its shares were traded at around $30.96 with a P/E ratio of 8.5 and P/S ratio of 0.1. The dividend yield of Cardinal Health Inc. stocks is 1.8%. Cardinal Health Inc. had an annual average earning growth of 10.7% over the past 10 years. GuruFocus rated Cardinal Health Inc. the business predictability rank of 3-star.
Richard Pzena owns 5,212,050 shares as of 03/31/2009, an increase of 13625% from the previous quarter. This position accounts for 2.36% of the $6.95 billion portfolio of Pzena Investment Management LLC. David Dreman owns 7,895 shares as of 03/31/2009, an increase of 26.42% from the previous quarter. This position accounts for less than 0.01% of the $5.74 billion portfolio of Dreman Value Management. Richard Perry sold out his holdings in the quarter that ended on 03/31/2009. Wallace Weitz sold out his holdings in the quarter that ended on 03/31/2009.
Cardinal recently reported its third quarter results. The company also announced that it increased its revenue by about 25% during the quarter.
Valero Energy Corp. (VLO): Down 22% Since Richard Pzena Bought In the Quarter Ended on 2009-03-31
Richard Pzena initiated holdings in Exploration & Production company Valero Energy Corp. during the quarter ended 03/31/2009. His purchase prices were between $16.24 and $24.43, with an estimated average price of $21.1. Since then the prices of Valero Energy Corp. shares have declined by -22% from the estimated average. Richard Pzena owned 879,875 shares of as of 03/31/2009.
Valero Energy Corporation owns and operates refineries in the United States and Canada with a combined throughput capacity of approximately two million BPD making it one of the nation's top refiners of petroleum products. Valero is also one of the nation's leading retail operators with retail outlets in the United States and Canada under various brand names including Diamond Shamrock Ultramar Valero Beacon and Total. Valero Energy Corp. has a market cap of $8.51 billion; its shares were traded at around $16.48 with a P/E ratio of 3.2 and P/S ratio of 0.1. The dividend yield of Valero Energy Corp. stocks is 3.6%. Valero Energy Corp. had an annual average earning growth of 35.9% over the past 10 years. GuruFocus rated Valero Energy Corp. the business predictability rank of 4.5-star.
Valero recently reported its first quarter 2009 results. The company announced that its net income was 59 cents per share, compared to 48 cents per share in the first quarter of 2008. “We reported positive earnings despite weaker demand,” said Bill Klesse, Valero’s Chairman of the Board and Chief Executive Officer. “In fact, our first quarter 2009 earnings per share were 23% higher than the first quarter of 2008, and 64% higher if you exclude last year’s insurance recovery. In all our regions, gasoline margins were unseasonably strong and nearly double the level in the same quarter last year. Diesel and jet fuel margins were also good in the first quarter despite being down from last year’s high levels.
Richard Pzena bought 879,875 shares in the quarter that ended on 03/31/2009, which is 0.23% of the $6.95 billion portfolio of Pzena Investment Management LLC. Charles Brandes owns 3,068,516 shares as of 03/31/2009, an increase of 104.76% from the previous quarter. This position accounts for 0.34% of the $16.16 billion portfolio of Brandes Investment. John Griffin sold out his holdings in the quarter that ended on 03/31/2009.
Many directors are recently selling off their positions in the company. Director Susan Kaufman Purcell sold 8,000 shares of VLO stock on 05/08/2009 at the average price of $22.98; the price of the stock has decreased by 28.29% since. Director Susan Kaufman Purcell sold 6,827 more shares of VLO stock on 05/06/2009 at the average price of $22.28; the price of the stock has decreased by 26.03% since.
For the complete list of stocks that Guru Bargains, go to: Value Bargains of Gurus.
