Last week’s top five guru bargain stocks were Range Resources Corp, MGM MIRAGE, Sears Holdings Corp, LSI Corp, and LG.Philips LCD Co. Ltd. According to http://www.gurufocus.com/Guru_bargins.php]GuruFocus updates, these stocks have declined the most since Gurus have bought.
Range Resources Corp. (RRC, Financial): Down 29% Since RS Investment Management Bought In the Quarter Ended on 2010-06-30
RS Investment Management added to his holdings in Exploration & Production company Range Resources Corp. by 32.95% during the quarter ended 06/30/2010. The company owned 1,130,556 shares of as of 06/30/2010. Range Resources Corp. acquires, develops, and finances oil and gas properties in the U. Range Resources Corp. has a market cap of $5.4 billion; its shares were traded at around $33.86 with a P/E ratio of 49.8 and P/S ratio of 6. The dividend yield of Range Resources Corp. stocks is 0.5%. Range Resources Corp. had an annual average earning growth of 14.2% over the past 10 years.
Ruane Cunniff owns 1,522,980 shares as of 06/30/2010, an increase of 148.01% from the previous quarter. This position accounts for 0.75% of the $8.12 billion portfolio of Ruane & Cunniff & Goldfarb Inc. George Soros owns 53,700 shares as of 06/30/2010, an increase of 59.35% from the previous quarter. This position accounts for 0.07% of the $3.31 billion portfolio of Soros Fund Management LLC. PRIMECAP Management owns 705,900 shares as of 06/30/2010, an increase of 18.66% from the previous quarter. This position accounts for 0.05% of the $54.82 billion portfolio of PRIMECAP Management. John Griffin owns 3,305,000 shares as of 06/30/2010, an increase of 13.18% from the previous quarter. This position accounts for 2.32% of the $5.73 billion portfolio of Blue Ridge Capital.
Sell: Exec VP and CFO Roger S Manny sold 19,113 shares of RRC stock on 06/04/2010 at the average price of 51.22. Roger S Manny owns at least 101,725 shares after this. The price of the stock has decreased by 33.89% since. There are mixed trades from other insiders.
MGM MIRAGE (MGM, Financial): Down 29% Since John Paulson Bought In the Quarter Ended on 2010-06-30
John Paulson added to his holdings in Gambling company MGM MIRAGE by 9.5% during the quarter ended 06/30/2010. He owned 43,800,000 shares of as of 06/30/2010. MGM Resorts International, formerly known as MGM MIRAGE, is a global hospitality company, operating a portfolio of destination resort brands, including Bellagio, MGM Grand, Mandalay Bay and The Mirage. Mgm Mirage has a market cap of $4.15 billion; its shares were traded at around $9.4 with and P/S ratio of 0.6.
MGM recently reported its second quarter 2010 results. Operating loss for the second quarter of 2010 was $1.0 billion compared to operating income of $131 million in the second quarter of 2009.
John Paulson owns 43,800,000 shares as of 06/30/2010, which accounts for 1.86% of the $22.7 billion portfolio of Paulson & Co.. Brian Rogers owns 4,699,400 shares as of 06/30/2010, which accounts for 0.29% of the $15.62 billion portfolio of T Rowe Price Equity Income Fund. John Keeley owns 568,080 shares as of 06/30/2010, which accounts for 0.1% of the $5.56 billion portfolio of Keeley Fund Management.
Buy: Director Rose Mckinney-james bought 380 shares of MGM stock on 05/18/2010 at the average price of 12.96. Rose Mckinney-james owns at least 880 shares after this. The price of the stock has decreased by 27.47% since.
Sears Holdings Corp. (SHLD, Financial): Down 36% Since Murray Stahl Bought In the Quarter Ended on 2010-06-30
Murray Stahl added to his holdings in Broadline Retailers company Sears Holdings Corp. by 364.51% during the quarter ended 06/30/2010. He owned 968,877 shares of as of 06/30/2010.Sears Holdings Corporation, the parent of Kmart and Sears, Roebuck and Co. Sears Holdings Corp. has a market cap of $7.18 billion; its shares were traded at around $62.47 with a P/E ratio of 22 and P/S ratio of 0.2.
SHLD recently reported its second quarter 2010 results. Net loss attributable to Holdings' shareholders for the quarter of $39 million, or $0.35 loss per diluted share, in 2010 and $94 million, or $0.79 loss per diluted share, in 2009.
Steve Mandel owns 3,056,700 shares as of 06/30/2010, which accounts for 1.95% of the $10.16 billion portfolio of Lone Pine Capital. Edward Lampert owns 48,179,755 shares as of 06/30/2010, a decrease of 21.54% of from the previous quarter. This position accounts for 41.19% of the $7.56 billion portfolio of ESL Investments. George Soros sold out his holdings in the quarter that ended on 06/30/2010.
Sell: Interim CEO & President W Bruce Johnson sold 2,500 shares of SHLD stock on 05/21/2010 at the average price of 88.5. W Bruce Johnson owns at least 68,441 shares after this. The price of the stock has decreased by 29.41% since.
LSI Corp. (LSI, Financial): Down 26% Since Chuck Royce Bought In the Quarter Ended on 2010-06-30
Chuck Royce initiated holdings in Semiconductors company LSI Corp. during the quarter ended 06/30/2010. He owned 14,900 shares of as of 06/30/2010. LSI Corporation is a provider of innovative silicon, systems and software technologies that enable products that seamlessly bring people, information and digital content together. Lsi Corp. has a market cap of $2.73 billion; its shares were traded at around $4.18 with a P/E ratio of 10 and P/S ratio of 1.3.
LSI recently reported its second quarter 2010 results. Second quarter 2010 revenues were $639 million, a 23% increase year-over-year compared to $521 million reported in the second quarter of 2009, and compares to $637 million reported in the first quarter of 2010.
George Soros owns 82,800 shares as of 06/30/2010, an increase of 43.01% from the previous quarter. This position accounts for 0.01% of the $3.31 billion portfolio of Soros Fund Management LLC. Jean-Marie Eveillard owns 1,612,356 shares as of 06/30/2010, which accounts for 0.05% of the $13.96 billion portfolio of First Eagle Investment Management, LLC. Wilbur Ross owns 12,372 shares as of 06/30/2010, which accounts for 0.02% of the $376 million portfolio of Invesco Private Capital, Inc..
LG.Philips LCD Co. Ltd. (LPL, Financial): Down 23% Since Kenneth Fisher Bought In the Quarter Ended on 2010-06-30
Kenneth Fisher initiated holdings in Electrical Components & Equipment company LG.Philips LCD Co. Ltd. during the quarter ended 06/30/2010. He owned 11,200 shares of as of 06/30/2010. LG Display Co., Ltd., formerly known as LG Philips LCD Co. Lg.philips Lcd Co. Ltd. has a market cap of $10.2 billion; its shares were traded at around $14.25 with a P/E ratio of 6.2 and P/S ratio of 0.6. The dividend yield of Lg.philips Lcd Co. Ltd. stocks is 1.1%.
Kenneth Fisher bought 11,200 shares in the quarter that ended on 06/30/2010, which is less than 0.01% of the $28.08 billion portfolio of Fisher Asset Management, LLC.
Range Resources Corp. (RRC, Financial): Down 29% Since RS Investment Management Bought In the Quarter Ended on 2010-06-30
RS Investment Management added to his holdings in Exploration & Production company Range Resources Corp. by 32.95% during the quarter ended 06/30/2010. The company owned 1,130,556 shares of as of 06/30/2010. Range Resources Corp. acquires, develops, and finances oil and gas properties in the U. Range Resources Corp. has a market cap of $5.4 billion; its shares were traded at around $33.86 with a P/E ratio of 49.8 and P/S ratio of 6. The dividend yield of Range Resources Corp. stocks is 0.5%. Range Resources Corp. had an annual average earning growth of 14.2% over the past 10 years.
Ruane Cunniff owns 1,522,980 shares as of 06/30/2010, an increase of 148.01% from the previous quarter. This position accounts for 0.75% of the $8.12 billion portfolio of Ruane & Cunniff & Goldfarb Inc. George Soros owns 53,700 shares as of 06/30/2010, an increase of 59.35% from the previous quarter. This position accounts for 0.07% of the $3.31 billion portfolio of Soros Fund Management LLC. PRIMECAP Management owns 705,900 shares as of 06/30/2010, an increase of 18.66% from the previous quarter. This position accounts for 0.05% of the $54.82 billion portfolio of PRIMECAP Management. John Griffin owns 3,305,000 shares as of 06/30/2010, an increase of 13.18% from the previous quarter. This position accounts for 2.32% of the $5.73 billion portfolio of Blue Ridge Capital.
Sell: Exec VP and CFO Roger S Manny sold 19,113 shares of RRC stock on 06/04/2010 at the average price of 51.22. Roger S Manny owns at least 101,725 shares after this. The price of the stock has decreased by 33.89% since. There are mixed trades from other insiders.
MGM MIRAGE (MGM, Financial): Down 29% Since John Paulson Bought In the Quarter Ended on 2010-06-30
John Paulson added to his holdings in Gambling company MGM MIRAGE by 9.5% during the quarter ended 06/30/2010. He owned 43,800,000 shares of as of 06/30/2010. MGM Resorts International, formerly known as MGM MIRAGE, is a global hospitality company, operating a portfolio of destination resort brands, including Bellagio, MGM Grand, Mandalay Bay and The Mirage. Mgm Mirage has a market cap of $4.15 billion; its shares were traded at around $9.4 with and P/S ratio of 0.6.
MGM recently reported its second quarter 2010 results. Operating loss for the second quarter of 2010 was $1.0 billion compared to operating income of $131 million in the second quarter of 2009.
John Paulson owns 43,800,000 shares as of 06/30/2010, which accounts for 1.86% of the $22.7 billion portfolio of Paulson & Co.. Brian Rogers owns 4,699,400 shares as of 06/30/2010, which accounts for 0.29% of the $15.62 billion portfolio of T Rowe Price Equity Income Fund. John Keeley owns 568,080 shares as of 06/30/2010, which accounts for 0.1% of the $5.56 billion portfolio of Keeley Fund Management.
Buy: Director Rose Mckinney-james bought 380 shares of MGM stock on 05/18/2010 at the average price of 12.96. Rose Mckinney-james owns at least 880 shares after this. The price of the stock has decreased by 27.47% since.
Sears Holdings Corp. (SHLD, Financial): Down 36% Since Murray Stahl Bought In the Quarter Ended on 2010-06-30
Murray Stahl added to his holdings in Broadline Retailers company Sears Holdings Corp. by 364.51% during the quarter ended 06/30/2010. He owned 968,877 shares of as of 06/30/2010.Sears Holdings Corporation, the parent of Kmart and Sears, Roebuck and Co. Sears Holdings Corp. has a market cap of $7.18 billion; its shares were traded at around $62.47 with a P/E ratio of 22 and P/S ratio of 0.2.
SHLD recently reported its second quarter 2010 results. Net loss attributable to Holdings' shareholders for the quarter of $39 million, or $0.35 loss per diluted share, in 2010 and $94 million, or $0.79 loss per diluted share, in 2009.
Steve Mandel owns 3,056,700 shares as of 06/30/2010, which accounts for 1.95% of the $10.16 billion portfolio of Lone Pine Capital. Edward Lampert owns 48,179,755 shares as of 06/30/2010, a decrease of 21.54% of from the previous quarter. This position accounts for 41.19% of the $7.56 billion portfolio of ESL Investments. George Soros sold out his holdings in the quarter that ended on 06/30/2010.
Sell: Interim CEO & President W Bruce Johnson sold 2,500 shares of SHLD stock on 05/21/2010 at the average price of 88.5. W Bruce Johnson owns at least 68,441 shares after this. The price of the stock has decreased by 29.41% since.
LSI Corp. (LSI, Financial): Down 26% Since Chuck Royce Bought In the Quarter Ended on 2010-06-30
Chuck Royce initiated holdings in Semiconductors company LSI Corp. during the quarter ended 06/30/2010. He owned 14,900 shares of as of 06/30/2010. LSI Corporation is a provider of innovative silicon, systems and software technologies that enable products that seamlessly bring people, information and digital content together. Lsi Corp. has a market cap of $2.73 billion; its shares were traded at around $4.18 with a P/E ratio of 10 and P/S ratio of 1.3.
LSI recently reported its second quarter 2010 results. Second quarter 2010 revenues were $639 million, a 23% increase year-over-year compared to $521 million reported in the second quarter of 2009, and compares to $637 million reported in the first quarter of 2010.
George Soros owns 82,800 shares as of 06/30/2010, an increase of 43.01% from the previous quarter. This position accounts for 0.01% of the $3.31 billion portfolio of Soros Fund Management LLC. Jean-Marie Eveillard owns 1,612,356 shares as of 06/30/2010, which accounts for 0.05% of the $13.96 billion portfolio of First Eagle Investment Management, LLC. Wilbur Ross owns 12,372 shares as of 06/30/2010, which accounts for 0.02% of the $376 million portfolio of Invesco Private Capital, Inc..
LG.Philips LCD Co. Ltd. (LPL, Financial): Down 23% Since Kenneth Fisher Bought In the Quarter Ended on 2010-06-30
Kenneth Fisher initiated holdings in Electrical Components & Equipment company LG.Philips LCD Co. Ltd. during the quarter ended 06/30/2010. He owned 11,200 shares of as of 06/30/2010. LG Display Co., Ltd., formerly known as LG Philips LCD Co. Lg.philips Lcd Co. Ltd. has a market cap of $10.2 billion; its shares were traded at around $14.25 with a P/E ratio of 6.2 and P/S ratio of 0.6. The dividend yield of Lg.philips Lcd Co. Ltd. stocks is 1.1%.
Kenneth Fisher bought 11,200 shares in the quarter that ended on 06/30/2010, which is less than 0.01% of the $28.08 billion portfolio of Fisher Asset Management, LLC.
