Weekly Guru Bargains Highlights: RDN, VMC, BKE, OSK, NBG

Weekly Guru Bargains Highlights: RDN, VMC, BKE, OSK, NBG

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Oct 02, 2010
According to GuruFocus updates, these stocks have declined the most since Gurus have bought.


Radian Group Inc. (RDN, Financial): Down 34% Since Bruce Kovner Bought In the Quarter Ended on 2010-06-30


Bruce Kovner added to his holdings in Property & Casualty Insurance company Radian Group Inc. by 345.19% during the quarter ended 06/30/2010. He owned 209,618 shares of as of 06/30/2010. Radian Group Inc. is the parent company of Radian Guaranty Inc. Radian Group Inc. has a market cap of $1.04 billion; its shares were traded at around $7.81 with and P/S ratio of 0.8. The dividend yield of Radian Group Inc. stocks is 0.1%.


RDN recently reported a net loss for the quarter ended June 30, 2010, of $475.1 million, or $4.31 per diluted share, which reflects a pre-tax loss from the change in fair value of derivatives of $524.6 million, or $3.09 per share on an after-tax basis. This compares to net income of $231.9 million, or $2.82 per diluted share, for the prior-year quarter. Book value per share at June 30, 2010, was $13.40.


Buy: Senior Vice President, Risk Scott Theobald bought 4,854 shares of RDN stock on 05/13/2010 at the average price of 10.3. Scott Theobald owns at least 50,887 shares after this. The price of the stock has decreased by 24.17% since.


Vulcan Materials Company (VMC, Financial): Down 26% Since Oak Value Bought In the Quarter Ended on 2010-06-30


Oak Value initiated holdings in Building Materials & Fixtures company Vulcan Materials Company during the quarter ended 06/30/2010. They owned 84,925 shares of as of 06/30/2010. Vulcan Materials Company is the nation's foremost producer of constructionaggregates, a major producer of other construction materials and a leadingchemicals manufacturer, supplying chloralkali and other industrial andspecialty chemicals. Vulcan Materials Company has a market cap of $4.81 billion; its shares were traded at around $37.5 with a P/E ratio of 535.7 and P/S ratio of 1.7. The dividend yield of Vulcan Materials Company stocks is 2.8%.


George Soros bought 200,000 shares in the quarter that ended on 06/30/2010, which is 0.27% of the $3.31 billion portfolio of Soros Fund Management LLC. Chris Davis owns 4,464,743 shares as of 06/30/2010, a decrease of 46.6% of from the previous quarter. This position accounts for 0.36% of the $53.88 billion portfolio of Davis Selected Advisers.


Sell: VP, Controller & CIO Ejaz A Khan sold 750 shares of VMC stock on 06/23/2010 at the average price of 46.72. Ejaz A Khan owns at least 3,730 shares after this. The price of the stock has decreased by 19.73% since. Other insiders have also decreased their positions in the company.


The Buckle Inc. (BKE, Financial): Down 27% Since Jim Simons Bought In the Quarter Ended on 2010-06-30


Jim Simons initiated holdings in Apparel Retailers company The Buckle Inc. during the quarter ended 06/30/2010. He owned 128,050 shares of as of 06/30/2010. Buckle, Inc. is a retailer of medium to better-priced casual apparel for young men and women. The Buckle Inc. has a market cap of $1.23 billion; its shares were traded at around $26.33 with a P/E ratio of 9.7 and P/S ratio of 1.4. The dividend yield of The Buckle Inc. stocks is 3%. The Buckle Inc. had an annual average earning growth of 18.2% over the past 10 years.


Net sales for the 13-week fiscal quarter ended July 31, 2010 decreased 2.2 percent to $188.6 million from net sales of $192.9 million for the prior year 13-week fiscal quarter ended August 1, 2009. Comparable store net sales for the 13-week period ended July 31, 2010 decreased 7.3 percent from comparable store net sales for the prior year 13-week period ended August 1, 2009. Online sales (which are not included in comparable store sales) increased 15.7 percent to $11.7 million for the 13-week period ended July 31, 2010, compared to net sales of $10.1 million for the 13-week period ended August 1, 2009.


Sell: PRESIDENT & CEO Dennis H Nelson sold 40,000 shares of BKE stock on 04/14/2010 at the average price of 38.78. Dennis H Nelson owns at least 2,718,311 shares after this. The price of the stock has decreased by 32.1% since. Other insiders have also decreased their positions in the company.


Oshkosh Truck Corp. (OSK, Financial): Down 25% Since Steven Cohen Bought In the Quarter Ended on 2010-06-30


Steven Cohen added to his holdings in Commercial Vehicles & Trucks company Oshkosh Truck Corp. by 50.71% during the quarter ended 06/30/2010. He owned 407,583 shares of as of 06/30/2010. Oshkosh Corporation is a designer, manufacturer and marketer of a broad range of specialty access equipment, commercial, fire & emergency and military vehicles and vehicle bodies. Oshkosh Truck Corp. has a market cap of $2.54 billion; its shares were traded at around $28.07 with a P/E ratio of 3.6 and P/S ratio of 0.5.


Oshkosh Truck recently reported fiscal 2010 third quarter net sales of $2.44 billion and net income of $211.2 million, or $2.31 per share. This compares with net sales of $1.22 billion and a loss from continuing operations of $21.2 million, or $0.28 per share, in the prior year third quarter.


George Soros bought 11,200 shares in the quarter that ended on 06/30/2010, which is 0.01% of the $3.31 billion portfolio of Soros Fund Management LLC. James Barrow owns 1,109,795 shares as of 06/30/2010, a decrease of 31.95% of from the previous quarter. This position accounts for 0.09% of the $39.62 billion portfolio of Barrow, Hanley, Mewhinney & Strauss.


Sell: Chairman & CEO Robert G Bohn sold 640,574 shares of OSK stock on 05/12/2010 at the average price of 39.21. Robert G Bohn owns at least 165,000 shares after this. The price of the stock has decreased by 28.41% since. Other insiders have also decreased their positions in the company.


National Bank of Greece S.A. (NBG, Financial): Down 21% Since Jim Simons Bought In the Quarter Ended on 2010-06-30


Jim Simons added to his holdings in Banks company National Bank of Greece S.A. by 65.82% during the quarter ended 06/30/2010. He owned 7,122,776 shares of as of 06/30/2010. NATL BK GR-ADR provides a full range of financial products and services to corporate customers and private individuals alike, including retail and corporate lending, investment banking services, insurance, asset management, brokerage, leasing and factoring. National Bank Of Greece S.a. has a market cap of $6.83 billion; its shares were traded at around $2.25 with a P/E ratio of 11.3 and P/S ratio of 0.7. National Bank Of Greece S.a. had an annual average earning growth of 17.4% over the past 10 years. GuruFocus rated National Bank Of Greece S.a. the business predictability rank of 2-star.


National Bank of Greece’s net profit for the first half of 2010 stood at €146 million, burdened by extraordinary tax charges, mark-to-market valuation losses in the Greek sovereign bond portfolio, and continued high provisions for NPLs.