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Weekly Guru Bargains Highlights: M.D.C. Holdings Inc, Fair Isaac Corp, Brinker International Inc, Integrated Device Technology Inc, MEMC Electronic Materials Inc.

November 28, 2009 | About:
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Last week’s top five guru bargain stocks were M.D.C. Holdings Inc, Fair Isaac Corp, Brinker International Inc, Integrated Device Technology Inc, MEMC and Electronic Materials Inc. According to GuruFocus updates, these stocks have declined the most since Gurus have bought.

M.D.C. Holdings Inc. (MDC): Down 12% Since Arnold Van Den Berg Bought In the Quarter Ended on 2009-09-30

Arnold Van Den Berg added to his holdings in Home Construction company M.D.C. Holdings Inc. by 19.16% during the quarter ended 09/30/2009. He owned 742,495 shares of as of 09/30/2009. M.D.C. HOLDINGS, INC. is engaged in the construction, sale and related financing of residential housing and the acquisition and development of land for use in its homebuilding activities and sale to others, in the Denver, Phoenix, Maryland, Virginia, mid Atlantic region, Las Vegas, Dallas, California metropolitan areas. It has a market cap of $1.42 billion; its shares were traded at around $30.14 with and P/S ratio of 1. The dividend yield of M.d.c. Holdings Inc. stocks is 3.3%.

MDC recently reported results for its third quarter ended September 30, 2009. The Company announced a net loss for the quarter of $32.0 million, or $0.69 per diluted share, which included a pre-tax charge of $1.2 million for asset impairments. The 2009 third quarter net loss also included an $11.8 million increase in our deferred tax valuation allowance. The net loss for the 2008 third quarter was $118.0 million, or $2.55 per diluted share, which included a pre-tax charge of $95.4 million for asset impairments and an increase in our deferred tax valuation allowance of $61.1 million. Total revenue for the third quarter of 2009 was $203.2 million, compared with revenue of $362.7 million for the same period in 2008.

Arnold Van Den Berg owns 742,495 shares as of 09/30/2009, an increase of 19.16% from the previous quarter. This position accounts for 1.73% of the $1.49 billion portfolio of Century Management. David Einhorn owns 70,324 shares as of 09/30/2009, which accounts for 0.09% of the $2.6 billion portfolio of Greenlight Capital Inc. Martin Whitman owns 1,000,000 shares as of 07/31/2009, which accounts for 0.75% of the $4.7 billion portfolio of Third Avenue Value Fund. Third Avenue Management owns 1,609,437 shares as of 09/30/2009, which accounts for 1.06% of the $5.3 billion portfolio of Third Avenue Management.

Fair Isaac Corp. (FICO): Down 17% Since George Soros Bought In the Quarter Ended on 2009-09-30

George Soros initiated holdings in Business Support Services company Fair Isaac Corp. during the quarter ended 09/30/2009. He owned 126,666 shares of as of 09/30/2009. Fair Isaac Corporation makes decisions smarter. The company has a market cap of $912.1 million; its shares were traded at around $18.67 with a P/E ratio of 13 and P/S ratio of 1.5. The dividend yield of Fair Isaac Corp. stocks is 0.4%. Fair Isaac Corp. had an annual average earning growth of 17.3% over the past 10 years. GuruFocus rated Fair Isaac Corp. the business predictability rank of 3-star.

Fair Isaac recently reported its results for the fourth quarter of 2009. Net income for the fourth quarter of fiscal 2009 totaled $17.1 million, or $0.35 per share, versus $23.8 million, or $0.49 per share, reported in the prior year period, which included $0.07 per share of net favorable adjustments related to income tax adjustments and restructuring costs.

George Soros bought 126,666 shares in the quarter that ended on 09/30/2009, which is 0.06% of the $4.41 billion portfolio of Soros Fund Management LLC. Mason Hawkins owns 7,911,200 shares as of 09/30/2009, an increase of 10.21% from the previous quarter. This position accounts for 0.74% of the $22.99 billion portfolio of Southeastern Asset Management.

Sell:: Sr. Vice President Richard Deal sold 14,100 shares of FICO stock on 08/04/2009 at the average price of 20.42, the price of the stock has decreased by 8.57% since. Many other insiders have also decreased their positions in the company.

Brinker International Inc. (EAT): Down 12% Since David Dreman Bought In the Quarter Ended on 2009-09-30

David Dreman added to his holdings in Restaurants & bars company Brinker International Inc. by 41.19% during the quarter ended 09/30/2009. He owned 1,702,200 shares of as of 09/30/2009. Brinker International either owns, operates, franchises, or is involved in the ownership of restaurants under the names Chili's Grill & Bar, Romano's Macaroni Grill, On The Border Mexican Grill & Cantina, Maggiano's Little Italy, Cozymel's Coastal Grill, Corner Bakery Cafe, Big Bowl Asian Kitchen, and Rockfish Seafood Grill. Brinker International Inc. has a market cap of $1.4 billion; its shares were traded at around $13.75 with a P/E ratio of 9.8 and P/S ratio of 0.4. The dividend yield of Brinker International Inc. stocks is 3.2%. Brinker International Inc. had an annual average earning growth of 13.4% over the past 10 years. GuruFocus rated Brinker International Inc. the business predictability rank of 4.5-star.

David Dreman owns 1,702,200 shares as of 09/30/2009, an increase of 41.19% from the previous quarter. This position accounts for 0.7% of the $3.85 billion portfolio of Dreman Value Management. Richard Snow owns 478,487 shares as of 09/30/2009, a decrease of 61.26% of from the previous quarter. This position accounts for 0.3% of the $2.47 billion portfolio of Snow Capital Management, L.P..

Integrated Device Technology Inc. (IDTI): Down 12% Since George Soros Bought In the Quarter Ended on 2009-09-30

George Soros initiated holdings in Semiconductors company Integrated Device Technology Inc. during the quarter ended 09/30/2009. He owned 22,300 shares of as of 09/30/2009. Integrated Device Technology, Inc. designs, develops, manufactures and markets a broad range of high-performance semiconductor products and modules. Applications for the company's products include data and telecommunications equipment, such as routers, hubs, switches, cellular base stations and other devices; personal computers; and networked peripherals and servers, such as RAID arrays, servers, and printers. Integrated Device Technology Inc. has a market cap of $963.6 million; its shares were traded at around $5.82 with a P/E ratio of 36.4 and P/S ratio of 1.5.

IDTI recently reported results for the quarter that ended on September 27, 2009. Revenue was $139.5 million, compared with $200.5 million reported in the same period one year ago. "Revenue, gross margin and EPS for our fiscal second quarter 2010 were all above the high end of our prior projections provided on July 28, 2009," said Dr. Ted Tewksbury, president and CEO of IDT. "We achieved a 20 percent sequential increase in revenue driven by strong demand across all three of our end markets - consumer, computing, and communications. Solid revenue contributions from core businesses, like PC clocks and gaming, were augmented by significant revenue increases in new growth areas like video and serial switching. Non-GAAP gross margin increased by 4 percent sequentially to over 50 percent, driven by higher revenue, improved product mix and increased fab utilization. These improvements, combined with accelerated synergies from our recent Tundra Semiconductor acquisition, enabled us to deliver non-GAAP EPS of $0.07. Overall, this quarter demonstrated that IDT's strategy of expanding our core strengths while layering on new growth segments is producing positive results and considerable operating leverage."

George Soros bought 22,300 shares in the quarter that ended on 09/30/2009, which is less than 0.01% of the $4.41 billion portfolio of Soros Fund Management LLC.

Sell:: CHIEF FINANCIAL OFFICER Richard D Jr Crowley sold 1,339 shares of IDTI stock on 11/17/2009 at the average price of 6.18, the price of the stock has decreased by 5.83% since. Many other insiders have also decreased their positions in the company.

MEMC Electronic Materials Inc. (WFR): Down 30% Since Ronald Muhlenkamp Bought In the Quarter Ended on 2009-09-30

Ronald Muhlenkamp initiated holdings in Semiconductors company MEMC Electronic Materials Inc. during the quarter ended 09/30/2009. He owned 327,765 shares of as of 09/30/2009. MEMC Electronic Materials, Inc. is a leading global producer of polysilicon and silicon wafers. The silicon wafer is the fundamental building block of semiconductors, which, in turn, are found in every type of microelectronics application, including computer systems, telecommunications equipment, automobiles, consumer electronics products, industrial automation and control systems. Memc Electronic Materials Inc. has a market cap of $2.7 billion; its shares were traded at around $12.06 with a P/E ratio of 20.8 and P/S ratio of 1.3. Memc Electronic Materials Inc. had an annual average earnings growth of 50% over the past 5 years.

MEMC recently reported its third quarter results. The company announced that its net sales were $310 million, and its gross profit was $20.5 million, or 6.6% of net sales. The company reported a loss of 29 cents per share.

Ronald Muhlenkamp bought 327,765 shares in the quarter that ended on 09/30/2009, which is 0.81% of the $672 million portfolio of Muhlenkamp Fund. George Soros bought 11,000 shares in the quarter that ended on 09/30/2009, which is less than 0.01% of the $4.41 billion portfolio of Soros Fund Management LLC. David Einhorn owns 1,039,760 shares as of 09/30/2009, a decrease of 71.47% of from the previous quarter. This position accounts for 0.67% of the $2.6 billion portfolio of Greenlight Capital Inc. Jean-Marie Eveillard sold out his holdings in the quarter that ended on 09/30/2009.


Rating: 2.2/5 (5 votes)

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