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Weekly Guru Bargains Highlights: Massey Energy Company, TAM S.A, Dean Foods Company, Allied Irish Banks P.L.C, The New York Times Company

June 12, 2010 | About:
guruyt

guruyt

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Last week's top five guru bargains were Massey Energy Company, TAM S.A, Dean Foods Company, Allied Irish Banks P.L.C, and The New York Times Company. According to GuruFocus updates, these stocks have declined the most since Gurus have bought.

Massey Energy Company (MEE): Down 32% Since George Soros Bought In the Quarter Ended on 2010-03-31

George Soros added to his holdings in Coal company Massey Energy Company by 248.49% during the quarter ended 03/31/2010. He owned 460,700 shares of as of 03/31/2010. Massey Energy Company produces, processes and sells bituminous, low sulfur coal of steam and metallurgical grades through its processing and shipping centers. Massey Energy Company has a market cap of $3.21 billion; its shares were traded at around $31.16 with a P/E ratio of 28.3 and P/S ratio of 1.2. The dividend yield of Massey Energy Company stocks is 0.7%. Massey Energy Company had an annual average earning growth of 12.5% over the past 10 years.

Massey Energy recently reported its first quarter 2010 results. The company reported net income of $33.6 million or $0.39 per diluted share and EBITDA of $131.3 million for the first quarter of 2010. Produced coal revenue for the first quarter 2010 was $571.8 million. By comparison, Massey generated net income of $43.4 million or $0.51 per diluted share and EBITDA of $145.4 million on produced coal revenue of $681.0 million in the first quarter of 2009.

Ken Heebner bought 190,000 shares in the quarter that ended on 03/31/2010, which is 0.14% of the $6.88 billion portfolio of CAPITAL GROWTH MANAGEMENT LP. George Soros owns 460,700 shares as of 03/31/2010, an increase of 248.49% from the previous quarter. This position accounts for 0.36% of the $6.73 billion portfolio of Soros Fund Management LLC. Arnold Schneider owns 91,101 shares as of 03/31/2010, a decrease of 93.44% of from the previous quarter. This position accounts for 0.29% of the $1.67 billion portfolio of Schneider Capital Management.

Sell:: CEO Don L Blankenship sold 50,000 shares of MEE stock on 02/08/2010 at the average price of 39.06, the price of the stock has decreased by 20.23% since. Other insiders have also decreased their positions in the company.

TAM S.A. (TAM): Down 28% Since Jim Simons Bought In the Quarter Ended on 2010-03-31

Jim Simons added to his holdings in Airlines company TAM S.A. by 1434.85% during the quarter ended 03/31/2010. He owned 572,500 shares of as of 03/31/2010. TAM Brazilian Airlines provides scheduled air transportation in both the domestic market and the international market through its operating subsidiaries TAM Linhas Aereas and TAM Mercosur. Tam S.a. has a market cap of $1.38 billion; its shares were traded at around $13.78 with a P/E ratio of 57.4 and P/S ratio of 0.3. The dividend yield of Tam S.a. stocks is 5.6%.

Kenneth Fisher owns 20,125 shares as of 03/31/2010, which accounts for less than 0.01% of the $33.01 billion portfolio of Fisher Asset Management, LLC. Ken Heebner sold out his holdings in the quarter that ended on 03/31/2010.

Dean Foods Company (DF): Down 36% Since Paul Tudor Jones Bought In the Quarter Ended on 2010-03-31

Paul Tudor Jones initiated holdings in Food Products company Dean Foods Company during the quarter ended 03/31/2010. He owned 12,600 shares of as of 03/31/2010. 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 $1.94 billion; its shares were traded at around $10.69 with a P/E ratio of 8.2 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 Fund. Jean-Marie Eveillard sold out his holdings in the quarter that ended on 03/31/2010.

Buy:: CEO-Alpro Bernard J.p. Deryckere bought 5,900 shares of DF stock on 06/01/2010 at the average price of 10.63, the price of the stock has increased by 0.56% since. Other insiders have also increased their positions in the company.

Allied Irish Banks P.L.C. (AIB): Down 39% Since Jean-Marie Eveillard Bought In the Quarter Ended on 2010-03-31

Jean-Marie Eveillard initiated holdings in Food Products company Allied Irish Banks P.L.C. during the quarter ended 03/31/2010. He owned 77,000 shares of as of 03/31/2010. Allied Irish Banks plc provides a full range of banking services through over 319 offices in Ireland, 82 branches in Northern Ireland and 37 offices in the UK. Allied Irish Banks P.l.c. has a market cap of $1.04 billion; its shares were traded at around $2.27 with and P/S ratio of 0.1. Allied Irish Banks P.l.c. had an annual average earning growth of 20.7% over the past 10 years.

Jean-Marie Eveillard bought 77,000 shares in the quarter that ended on 03/31/2010, which is less than 0.01% of the $12.96 billion portfolio of First Eagle Investment Management, LLC. Brian Rogers owns 1,970,842 shares as of 03/31/2010, a decrease of 58.82% of from the previous quarter. This position accounts for 0.02% of the $17.46 billion portfolio of T Rowe Price Equity Income Fund.

The New York Times Company (NYT): Down 24% Since Jeremy Grantham Bought In the Quarter Ended on 2010-03-31

Jeremy Grantham added to his holdings in Publishing company The New York Times Company by 298.13% during the quarter ended 03/31/2010. He owned 42,600 shares of as of 03/31/2010. New York Times Company is a diversified media company including newspapers, television and radio stations, magazines, electronic information and publishing, Internet businesses, and forest products investments. The New York Times Company has a market cap of $1.34 billion; its shares were traded at around $9.18 with a P/E ratio of 14.1 and P/S ratio of 0.5.

NYT recently reported its first quarter 2010 results. Total revenues were down 3.2 percent in the quarter, a significant improvement from the fourth quarter 2009 decline of 11.5 percent.

Irving Kahn owns 1,004,750 shares as of 03/31/2010, which accounts for 2.36% of the $474 million portfolio of Kahn Brothers & Company Inc.. Brian Rogers owns 7,150,400 shares as of 03/31/2010, which accounts for 0.46% of the $17.46 billion portfolio of T Rowe Price Equity Income Fund.

Sell:: Capital Partners Mas Harbinger sold 3,250,000 shares of NYT stock on 04/21/2010 at the average price of 12.43, the price of the stock has decreased by 26.15% since.Sell:: Capital Partners Mas Harbinger sold 1,500,000 shares of NYT stock on 03/26/2010 at the average price of 11.2, the price of the stock has decreased by 18.04% since.


Rating: 4.0/5 (2 votes)

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