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Weekly Guru Bargains Highlights: Weatherford International, MetroPCS Communications, Isis Pharmaceuticals, Universal Health Services, Citigroup Inc.

February 13, 2010 | About:
Last week’s top five guru bargain stocks were WEATHERFORD INTERNATIONAL, LTD, MetroPCS Communications Inc, Isis Pharmaceuticals Inc, Universal Health Services Inc, and Citigroup Inc. (C). According to GuruFocus updates, these stocks have declined the most since Gurus have bought.

Weatherford International, Ltd (WFT): Down 24% Since George Soros Bought In the Quarter Ended on 2009-09-30

George Soros added to his holdings in Oil Equipment & Services company WEATHERFORD INTERNATIONAL, LTD by 182.67% during the quarter ended 09/30/2009. He owned 4,922,313 shares of as of 09/30/2009.

Weatherford International is one of the world's providers of equipment and services used for the drilling, completion and production of oil and natural gas wells. Weatherford International, Ltd has a market cap of $11.07 billion; its shares were traded at around $15.01 with a P/E ratio of 28.9 and P/S ratio of 1.3. GuruFocus rated Weatherford International, Ltd the business predictability rank of 2-star.

Weatherford recently reported its fourth quarter results. The company announced that its net income from continuing operations was $15 million, or 2 cents per diluted share. Fourth quarter revenues were $2,426 million, or eight percent lower than the same period last year, against a backdrop of a 29 percent decrease in global rig count.

T Boone Pickens bought 318,678 shares in the quarter that ended on 09/30/2009, which is 3.56% of the $186 million portfolio of BP Capital. George Soros owns 4,922,313 shares as of 09/30/2009, an increase of 182.67% from the previous quarter. This position accounts for 2.31% of the $4.41 billion portfolio of Soros Fund Management LLC.

MetroPCS Communications Inc. (PCS): Down 42% Since Michael Price Bought In the Quarter Ended on 2009-09-30

Michael Price added to his holdings in Mobile Telecommunications company MetroPCS Communications Inc. by 828.57% during the quarter ended 09/30/2009. He owned 325,000 shares of as of 09/30/2009.

MetroPCS Communications provides wireless communications services. Metropcs Communications Inc. has a market cap of $2.1 billion; its shares were traded at around $5.96 with a P/E ratio of 11.6 and P/S ratio of 0.7.

MetroPCS recently reported its third quarter results. The company announced that its consolidated total revenue was approximately $896 million, an increase of 30% over third quarter of 2008. “This quarter we focused on managing costs; we delivered solid financial results and positioned the company for future growth. On a consolidated basis, we reported the highest consolidated quarterly Adjusted EBITDA in company history. In a seasonally slow quarter, we reported net additions that were below our expectations, due primarily to elevated churn and a deceleration in gross additions. We believe this was the result of continued U.S. macro-economic weakness, an increasingly competitive environment, and upward adjustments we made to the price of certain handsets,” said Roger D. Linquist, Chairman, President and Chief Executive Officer of MetroPCS.

2 gurus recently initiated their positions in the company. 1 increased their positions. Wilbur Ross owns 3,322,020 shares as of 09/30/2009, which accounts for 5.14% of the $605 million portfolio of Invesco Private Capital, Inc..

Isis Pharmaceuticals Inc. (ISIS): Down 44% Since Bruce Kovner Bought In the Quarter Ended on 2009-09-30

Bruce Kovner added to his holdings in Biotechnology company Isis Pharmaceuticals Inc. by 30.81% during the quarter ended 09/30/2009. He owned 29,872 shares of as of 09/30/2009.

Isis Pharmaceuticals, Inc. is a genomics-based drug discovery and development company that is focused on RNA. Isis Pharmaceuticals Inc. has a market cap of $886.3 million; its shares were traded at around $9.01 with and P/S ratio of 8.2.

Iris Pharmaceuticals recently reported its third quarter 2009 results. The company announced that it had a net loss of $3.4 million, and a net operating loss of $6.9 million.

Sell:: Chairman, President, CEO Stanley T Crooke sold 6,535 shares of ISIS stock on 12/30/2009 at the average price of 11.07, the price of the stock has decreased by 18.61% since. Many other insiders have also decreased their positions in the company.

Universal Health Services Inc. (UHS): Down 44% Since Westport Asset Management Bought In the Quarter Ended on 2009-09-30

Westport Asset Management added to his holdings in Health Care Providers company Universal Health Services Inc. by 100% during the quarter ended 09/30/2009. The firm owned 1,005,200 shares of as of 09/30/2009.

Universal Health Services Inc. has a market cap of $3.15 billion. It had an annual average earning growth of 11.4% over the past 10 years. GuruFocus rated Universal Health Services Inc. the business predictability rank of 3.5-star.

Edward Owens owns 2,160,400 shares as of 09/30/2009, which accounts for 0.74% of the $18.2 billion portfolio of Vanguard Health Care Fund. Chris Davis and Andreas Halvorsen also have positions in the company.

UHS recently reported its third quarter results. The company reported that its net income was $51.1 million, or an increase of 41% to $1.03 per diluted share, during the third quarter of 2009 as compared to $37.0 million, or $.73 per diluted share, during the comparable quarter of the prior year. Net revenues increased 4% to $1.30 billion during the third quarter of 2009 as compared to $1.24 billion during the third quarter of 2008. "We are extremely pleased with these solid results in an extremely challenging environment," said Alan B. Miller, Chief Executive Officer. "The continued economic weakness continues to drive higher levels of uncompensated care and pressure certain markets in particular, but the overall balance in our acute portfolio and the very steady performance of our behavioral segment has contributed to another very satisfying performance this quarter."

Sell:: Chairman and CEO, 10% Owner Alan B Miller sold 20,000 shares of UHS stock on 12/14/2009 at the average price of 29.97, the price of the stock has increased by 6.84% since. Many other insiders have also decreased their positions in the company.

Citigroup Inc. (C): Down 21% Since David Williams Bought In the Quarter Ended on 2009-12-31

David Williams initiated holdings in Citigroup Inc. during the quarter ended 12/31/2009. He owned 150,000 shares of as of 12/31/2009. Citigroup Inc. has a market cap of $72.71 billion; its shares were traded at around $3.18 with and P/S ratio of 0.8. Citigroup Inc. had an annual average earning growth of 5.1% over the past 10 years.

Citigroup recently reported a full year 2009 net loss of $1.6 billion, or $0.80 per share. Managed revenues were $91.1 billion for the year. The fourth quarter 2009 net loss was $7.6 billion, or $0.33 per share. Excluding the $6.2 billion after-tax loss associated with TARP repayment and exiting the loss-sharing agreement, the fourth quarter net loss was $1.4 billion or $0.06 per share.

8 Gurus Initiated Positions in Citigroup. 6 Gurus Increased their Positions in the company.

1 Guru Reduced Positions in C.



Buy:: Director Robert L Joss bought 17,000 shares of C stock on 08/28/2009 at the average price of 5.19, the price of the stock has decreased by 38.73% since.

For the complete list of stocks that Guru Bargains, go to: Value Bargains of Gurus.

About the author:

guruyt
Ravi Nagarajan is a private investor and Editor of The Rational Walk website. Ravi focuses on applying value investing techniques to find securities trading well below intrinsic business value. Ravi has over 15 years of experience in the financial markets and started investing on a full time basis in 2009. From 1996 to 2009, Ravi held a number of technical and executive level positions in the commercial software industry. Ravi graduated Summa Cum Laude from Santa Clara University with a degree in finance. Visit his website The Rational Walk

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