10-year

10-Year Anniversary Promotion (20% off)

Join GuruFocus Premium Membership Now for Only $279/Year

Once a decade discount

Save up to $500 on Global Membership.

Don't Miss It !

Free 7-day Trial
All Articles and Columns »

Weekly Guru Bargains Highlights: Dean Foods Company, King Pharmaceuticals Inc, SanofiAventis, Hellenic Telecommunications Organization, Nokia Corp.

May 30, 2010 | About:
guruek

guruyt

4 followers
Last week’s top five guru bargain stocks were Dean Foods Company, King Pharmaceuticals Inc, SanofiAventis, Hellenic Telecommunications Organization, and Nokia Corp. According to GuruFocus updates, these stocks have declined the most since Gurus have bought.

Dean Foods Company (DF): Down 39% Since Manning & Napier Advisors, Inc Bought In the Quarter Ended on 2009-12-31

Manning & Napier Advisors, Inc added to his holdings in Food Products company Dean Foods Company by 14.66% during the quarter ended 12/31/2009. The company owned 10,251,285 shares of as of 12/31/2009. Dean Foods Company is the nation's processor and distributor of fresh milk and other dairy products, and a leader in the specialty foods industry. Dean Foods Company has a market cap of $1.93 billion; its shares were traded at around $10.65 with a P/E ratio of 8.1 and P/S ratio of 0.2.

Dean Foods recently reported its first quarter 2010 reuslts. The company earned $0.24 per diluted share, as compared to first quarter 2009 earnings of $0.48 per diluted share. On an adjusted basis, first quarter diluted earnings per share were $0.23, compared to $0.52 per diluted share earned in the prior year's first quarter.

David Dreman bought 203,110 shares in the quarter that ended on 03/31/2010, which is 0.08% of the $4.24 billion portfolio of Dreman Value Management. David Williams owns 2,000,000 shares as of 03/31/2010, a decrease of 37.5% of from the previous quarter. This position accounts for 0.44% of the $5.51 billion portfolio of Columbia Value and Restructuring Funds. Jean-Marie Eveillard sold out his holdings in the quarter that ended on 03/31/2010.

Buy:: COO Joseph Scalzo bought 23,800 shares of DF stock on 05/21/2010 at the average price of 10.37, the price of the stock has increased by 2.7% since. Other insiders have also increased their positions in the company.

King Pharmaceuticals Inc. (KG): Down 23% Since Diamond Hill Capital Bought In the Quarter Ended on 2009-12-31

Diamond Hill Capital added to his holdings in Pharmaceuticals company King Pharmaceuticals Inc. by 76% during the quarter ended 12/31/2009. The company owned 2,023,255 shares of as of 12/31/2009. King Pharmaceuticals, Inc. is a vertically integrated pharmaceutical company that manufactures, markets and sells primarily branded prescription pharmaceutical products. King Pharmaceuticals Inc. has a market cap of $2.15 billion; its shares were traded at around $8.67 with a P/E ratio of 8.9 and P/S ratio of 1.2.

KG recently reported its first quarter 2010 results. The company announced that total revenue for the first quarter ended March 31, 2010 equaled $381 million compared to $429 million in the first quarter of 2009. The Company reported net income of $4.5 million and diluted earnings per share of $0.02 during the first quarter of 2010, compared to a net loss of $10.7 million and a diluted loss per share of $0.04 in the same period of the prior year.

George Soros bought 28,600 shares in the quarter that ended on 03/31/2010, which is less than 0.01% of the $6.73 billion portfolio of Soros Fund Management LLC. Charles Brandes owns 1,472,183 shares as of 03/31/2010, which accounts for 0.09% of the $18.64 billion portfolio of Brandes Investment.

Sell:: President and CEO Brian A Markison sold 69,744 shares of KG stock on 03/03/2010 at the average price of 11.72, the price of the stock has decreased by 26.02% since. There are mixed trades from other insiders.

SanofiAventis (SNY): Down 22% Since Jim Simons Bought In the Quarter Ended on 2009-12-31

Jim Simons added to his holdings in Pharmaceuticals company SanofiAventis by 55.48% during the quarter ended 12/31/2009. He owned 1,282,084 shares of as of 12/31/2009. Sanofi-Aventis is a global pharmaceutical company that contributes to enhance life by providing medicines, vaccines, and integrated healthcare solutions adapted to local needs and means primarily in Europe and the United States. Sanofiaventis has a market cap of $78.69 billion; its shares were traded at around $29.91 with a P/E ratio of 6.4 and P/S ratio of 2. The dividend yield of Sanofiaventis stocks is 4.2%.

SanofiAventis recently reported solid results for the first quarter of 2010. The company announced that its net sales were €7.4 million.

NWQ Managers owns 9,707,312 shares as of 03/31/2010, which accounts for 1.94% of the $18.71 billion portfolio of NWQ Investment Management Co. Warren Buffett owns 3,903,933 shares as of 03/31/2010, which accounts for 0.29% of the $50.93 billion portfolio of Berkshire Hathaway. Jean-Marie Eveillard owns 754,462 shares as of 03/31/2010, which accounts for 0.22% of the $12.96 billion portfolio of Arnhold & S. Bleichroeder Advisers, LLC. PRIMECAP Management owns 1,168,200 shares as of 03/31/2010, which accounts for 0.07% of the $63.66 billion portfolio of PRIMECAP Management. Dodge & Cox owns 35,026,309 shares as of 03/31/2010, which accounts for 1.54% of the $84.7 billion portfolio of Dodge & Cox.

Hellenic Telecommunications Organization (OTE): Down 37% Since David Dreman Bought In the Quarter Ended on 2010-03-31

David Dreman initiated holdings in Fixed Line Telecommunications company Hellenic Telecommunications Organization during the quarter ended 03/31/2010. He owned 10,181 shares of as of 03/31/2010. HELLENIC ADR aims to participate in the technological, commercial, economic and social changes that are taking place on a global level. Hellenic Telecommunications Organization has a market cap of $4.16 billion; its shares were traded at around $4.24 with a P/E ratio of 3.5 and P/S ratio of 0.6. The dividend yield of Hellenic Telecommunications Organization stocks is 11.1%.

“The challenging operating conditions we faced since the beginning of 2009 in all our activities intensified in the fourth quarter as consumers responded to the worsening economic outlook across the region. In addition, the overall Greek mobile market shrank durably during the year as a result of pricing assaults by our competition, a trend that is continuing in 2010. Against this background, all our units responded valiantly, preserving or even reinforcing their market positions whenever possible, and maintaining Group profitability roughly in line with the prior year’s levels despite the sharp drop in their top lines. We are continuing to work hard on cutting our cost base in the current year.” Mr. Vourloumis added: “In view of the growing uncertainty in our markets, we have decided to reduce our dividend for 2009, so as to keep intact our ability to invest in the long-term future of all our businesses.”

David Dreman bought 10,181 shares in the quarter that ended on 03/31/2010, which is less than 0.01% of the $4.24 billion portfolio of Dreman Value Management.

Nokia Corp. (NOK): Down 23% Since Manning & Napier Advisors, Inc Bought In the Quarter Ended on 2009-12-31

Manning & Napier Advisors, Inc added to his holdings in Telecommunications Equipment company Nokia Corp. by 26.07% during the quarter ended 12/31/2009. The company owned 28,607,446 shares of as of 12/31/2009. Nokia is the world leader in mobile communications. Nokia Corp. has a market cap of $37.9 billion; its shares were traded at around $10.12 with a P/E ratio of 10 and P/S ratio of 0.6. The dividend yield of Nokia Corp. stocks is 3.6%. Nokia Corp. had an annual average earning growth of 5.3% over the past 10 years.

Nokia recently reported its first quarter 2010 results. The company announced that its net sales were EUR $9.5 billion, up 3% compared with results from a year ago. "In Q1, Nokia delivered both year-on-year net sales and operating profit growth. We continue to face tough competition with respect to the high end of our mobile device portfolio, as well as challenging market conditions on the infrastructure side,” said Olli-Pekka Kallasvuo, Noka’s CEO.

George Soros bought 1,087,636 shares in the quarter that ended on 03/31/2010, which is 0.25% of the $6.73 billion portfolio of Soros Fund Management LLC. Richard Snow owns 3,604,845 shares as of 03/31/2010, an increase of 924.82% from the previous quarter. This position accounts for 2.09% of the $2.67 billion portfolio of Snow Capital Management, L.P..

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


Rating: 4.0/5 (3 votes)

Comments

Please leave your comment:


Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK