Weekly Guru Bargains Highlights: QGEN, BXS, ATHR, LYV, TFSL

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Oct 09, 2010
Last week’s top five guru bargain stocks were Qiagen N.V, BancorpSouth Inc, Atheros Communications Inc, Live Nation Inc, and TFS Financial Corp. According to GuruFocus updates, these stocks have declined the most since Gurus have bought.


Qiagen N.V. (QGEN, Financial): Down 21% Since Steven Cohen Bought In the Quarter Ended on 2010-06-30


Steven Cohen added to his holdings in Biotechnology company Qiagen N.V. by 60.91% during the quarter ended 06/30/2010. He owned 56,098 shares of as of 06/30/2010.Qiagen NV produces biomedical and genetic products, products for separating and purifying nucleic acids for gene-based drug screening, nucleic acid-based clinical diagnostics, genetic vaccination and gene therapy. Qiagen N.v. has a market cap of $3.99 billion; its shares were traded at around $17.13 with a P/E ratio of 19.1 and P/S ratio of 3.9. Qiagen N.v. had an annual average earning growth of 15.3% over the past 10 years. GuruFocus rated Qiagen N.v. the business predictability rank of 3-star.


BancorpSouth Inc. (BXS, Financial): Down 32% Since David Dreman Bought In the Quarter Ended on 2010-06-30


David Dreman added to his holdings in Banks company BancorpSouth Inc. by 216.86% during the quarter ended 06/30/2010. He owned 1,396,648 shares of as of 06/30/2010. BANCORPSOUTH INC, through its subsidiaries, provides a range of financialservices and products to individuals and small-to-medium size businesses. Bancorpsouth Inc. has a market cap of $1.17 billion; its shares were traded at around $14.03 with a P/E ratio of 32 and P/S ratio of 1.3. The dividend yield of Bancorpsouth Inc. stocks is 6.2%. Bancorpsouth Inc. had an annual average earning growth of 1.8% over the past 10 years.


BXD recently declared a quarterly cash dividend of $0.22 per common share. The dividend is payable October 1, 2010 to shareholders of record at the close of business on September 15, 2010.


David Dreman owns 1,396,648 shares as of 06/30/2010, an increase of 216.86% from the previous quarter. This position accounts for 0.65% of the $3.83 billion portfolio of Dreman Value Management.John Keeley owns 111,040 shares as of 06/30/2010, which accounts for 0.04% of the $5.56 billion portfolio of Keeley Fund Management.


Buy: Director Larry G Kirk bought 10,000 shares of BXS stock on 08/31/2010 at the average price of 12.76. Larry G Kirk owns at least 27,368 shares after this. The price of the stock has increased by 9.95% since. Other insiders have also increased their positions in the company.


Atheros Communications Inc. (ATHR, Financial): Down 26% Since Jeremy Grantham Bought In the Quarter Ended on 2010-06-30


Jeremy Grantham added to his holdings in Semiconductors company Atheros Communications Inc. by 70.91% during the quarter ended 06/30/2010. He owned 9,400 shares of as of 06/30/2010. Atheros Communications, Inc. develops semiconductor solutions for secure wireless local area networks. Atheros Communications Inc. has a market cap of $1.89 billion; its shares were traded at around $26.63 with a P/E ratio of 17.8 and P/S ratio of 3.4. Atheros Communications Inc. had an annual average earning growth of 25.6% over the past 5 years.


Revenue in the second quarter of 2010 was a record $238.2 million, up 11 percent compared to $214.7 million reported in the first quarter of 2010. Second quarter 2010 revenue increased 112 percent compared to $112.2 million reported in the second quarter of 2009.


Sell: President and CEO Craig H Barratt sold 6,500 shares of ATHR stock on 08/09/2010 at the average price of 26.3. Craig H Barratt owns at least 238,613 shares after this. The price of the stock has increased by 1.25% since. Other insiders have also decreased their positions in the company.


Live Nation Inc. (LYV, Financial): Down 28% Since RS Investment Management Bought In the Quarter Ended on 2010-06-30


RS Investment Management added to his holdings in Recreational Services company Live Nation Inc. by 61.5% during the quarter ended 06/30/2010. The company owned 5,254,750 shares of as of 06/30/2010. Live Nation Entertainment, Inc. is the world's premier live entertainment company, consisting of Live Nation, Ticketmaster and Front Line Management Group. Live Nation Inc. has a market cap of $1.67 billion; its shares were traded at around $9.64 with and P/S ratio of 0.4. Live Nation Inc. had an annual average earning growth of 7.5% over the past 5 years.


LYV recently reported its second quarter 2010 results. The company announced that its adjusted revenue was $1.27 billion in the second quarter of 2010, compared to $1.4 billion in the second quarter of 2009. Revenue was down 9.7% from last year.


Mario Gabelli bought 50,752 shares in the quarter that ended on 06/30/2010, which is less than 0.01% of the $16.22 billion portfolio of GAMCO Investors. George Soros owns 291,700 shares as of 06/30/2010, an increase of 291.54% from the previous quarter. This position accounts for 0.09% of the $3.31 billion portfolio of Soros Fund Management LLC. Steve Mandel owns 11,706,244 shares as of 06/30/2010, an increase of 22.13% from the previous quarter. This position accounts for 1.2% of the $10.16 billion portfolio of Lone Pine Capital. Wallace Weitz owns 1,693,400 shares as of 06/30/2010, which accounts for 0.97% of the $1.82 billion portfolio of Weitz Wallace R & Co.


Buy: President & CEO Michael Rapino bought 5,500 shares of LYV stock on 08/19/2010 at the average price of 9.03. Michael Rapino owns at least 1,135,263 shares after this. The price of the stock has increased by 6.76% since.


TFS Financial Corp. (TFSL, Financial): Down 33% Since Steven Cohen Bought In the Quarter Ended on 2010-06-30


Steven Cohen initiated holdings in Banks company TFS Financial Corp. during the quarter ended 06/30/2010. He owned 14,078 shares of as of 06/30/2010. TFS Financial Corporation is a federally chartered stock holding company, conducts its activities through its wholly owned subsidiaries. Tfs Financial Corp. has a market cap of $2.8 billion; its shares were traded at around $9.08 with a P/E ratio of 302.7 and P/S ratio of 5.


TFSL recently reported its second quarter 2010 results. The Company reported net income of $10.2 million for the three months ended June 30, 2010, compared to net income of $10.0 million for the three months ended June 30, 2009. Net income of $22.1 million was reported for the nine months ended June 30, 2010, compared to net income of $27.3 million for the nine months ended June 30, 2009.


Michael Price owns 390,000 shares as of 06/30/2010, which accounts for 1.05% of the $459 million portfolio of MFP Investors LLC.


Buy: Director Martin J Cohen bought 10,000 shares of TFSL stock on 08/09/2010 at the average price of 9.8. Martin J Cohen owns at least 37,100 shares after this. The price of the stock has decreased by 7.35% since.