Last week’s top five guru bargain stocks were McDermott International Inc, Oshkosh Truck Corp. Level 3 Communications Inc, Strayer Education Inc, and Bank of America Corp. According to http://www.gurufocus.com/Guru_bargins.php]GuruFocus updates, these stocks have declined the most since Gurus have bought.
McDermott International Inc. (MDR, Financial): Down 28% Since George Soros Bought In the Quarter Ended on 2010-06-30
George Soros added to his holdings in Oil Equipment & Services company McDermott International Inc. by 161.75% during the quarter ended 06/30/2010. He owned 131,400 shares of as of 06/30/2010.
McDermott International is one of the worldwide energy services companies. Mcdermott International Inc. has a market cap of $4.12 billion; its shares were traded at around $17.75 with a P/E ratio of 12.5 and P/S ratio of 0.6. Mcdermott International Inc. had an annual average earning growth of 55.9% over the past 5 years.
John Keeley owns 2,866,154 shares as of 09/30/2010, an increase of 22% from the previous quarter. This position accounts for 0.74% of the $5.76 billion portfolio of Keeley Fund Management.
Oshkosh Truck Corp. (OSK, Financial): Down 22% 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 $2.64 billion; its shares were traded at around $29.16 with a P/E ratio of 3.2 and P/S ratio of 0.3.
OSK recently reported fiscal 2010 fourth quarter net sales of $2.11 billion and income from continuing operations of $116.6 million, or $1.28 per share. This compares with net sales of $1.47 billion and income from continuing operations of $45.7 million, or $0.55 per share, in the prior year fourth quarter.
James Barrow owns 1,122,700 shares as of 09/30/2010, which accounts for 0.07% of the $43.38 billion portfolio of Barrow, Hanley, Mewhinney & Strauss. George Soros sold out his holdings in the quarter that ended on 09/30/2010.
Sell: Director Kathleen J Hempel sold 12,000 shares of OSK stock on 11/15/2010 at the average price of 29.75. Kathleen J Hempel owns at least 12,900 shares after this. The price of the stock has decreased by 1.98% since. Other insiders have also decreased their positions in the company.
Level 3 Communications Inc. (LVLT, Financial): Down 27% Since Mason Hawkins Bought In the Quarter Ended on 2010-06-30
Mason Hawkins added to his holdings in Fixed Line Telecommunications company Level 3 Communications Inc. by 4.86% during the quarter ended 06/30/2010. He owned 484,231,646 shares of as of 06/30/2010. Level 3 Communications is an international communications and information services company. Level 3 Communications Inc. has a market cap of $1.66 billion; its shares were traded at around $1 with and P/S ratio of 0.5.
John Griffin bought 7,785,000 shares in the quarter that ended on 09/30/2010, which is 0.11% of the $6.46 billion portfolio of Blue Ridge Capital. Mario Gabelli owns 35,000 shares as of 09/30/2010, an increase of 75% from the previous quarter. This position accounts for less than 0.01% of the $23.32 billion portfolio of GAMCO Investors. Kenneth Fisher sold out his holdings in the quarter that ended on 09/30/2010.
Sell: CEO James Q Crowe sold 2,000,000 shares of LVLT stock on 08/25/2010 at the average price of 1.05. James Q Crowe owns at least 9,211,779 shares after this. The price of the stock has decreased by 4.76% since. There are mixed trades from other insiders.
Strayer Education Inc. (STRA, Financial): Down 40% Since Jim Simons Bought In the Quarter Ended on 2010-06-30
Jim Simons added to his holdings in Specialized Consumer Services company Strayer Education Inc. by 667.82% during the quarter ended 06/30/2010. He owned 133,600 shares of as of 06/30/2010. STRAYER EDUCATION, INC. The College is a regional proprietary institution of higher education offering undergraduate and graduate degree programs to more than 7,000 students at eight campuses in Washington, D. Strayer Education Inc. has a market cap of $2.02 billion; its shares were traded at around $145.51 with a P/E ratio of 15.6 and P/S ratio of 4. The dividend yield of Strayer Education Inc. stocks is 2%. Strayer Education Inc. had an annual average earning growth of 16% over the past 10 years. GuruFocus rated Strayer Education Inc. the business predictability rank of 3.5-star.
STRA recently reported its third quarter 2010 results. Revenues for the three months ended September 30, 2010 increased 29% to $147.6 million, compared to $114.4 million for the same period in 2009, due to increased enrollment and a 5% tuition increase which commenced in January 2010.
Ruane Cunniff owns 51,978 shares as of 09/30/2010, an increase of 26.04% from the previous quarter. This position accounts for 0.1% of the $8.85 billion portfolio of Ruane & Cunniff & Goldfarb Inc. George Soros sold out his holdings in the quarter that ended on 09/30/2010.
Buy: Director Robert R Grusky bought 100 shares of STRA stock on 11/04/2010 at the average price of 131.44. Robert R Grusky owns at least 4,705 shares after this. The price of the stock has increased by 10.7% since. There are mixed trades from other insiders.
Bank of America Corp. (BAC, Financial): Down 30% Since Bruce Berkowitz Bought In the Quarter Ended on 2010-06-30
Bruce Berkowitz added to his holdings in Banks company Bank of America Corp. by 37.61% during the quarter ended 06/30/2010. He owned 54,092,500 shares of as of 06/30/2010. Bank of America Corp. is one of the world's financial services companies. Bank Of America Corp. has a market cap of $116.99 billion; its shares were traded at around $11.66 with a P/E ratio of 53 and P/S ratio of 0.8. The dividend yield of Bank Of America Corp. stocks is 0.3%.
BAC recently reported a net loss of $7.3 billion, or $0.77 per diluted share, in the third quarter of 2010, including a non-cash, non-tax deductible goodwill impairment charge of $10.4 billion. Excluding this charge, net income was $3.1 billion, or $0.27 per diluted share, compared with a net loss of $1.0 billion, or $0.26 per diluted share, in the third quarter of 2009.
Mark Hillman owns 1,354,395 shares as of 09/30/2010, an increase of 986.91% from the previous quarter. This position accounts for 4.12% of the $431 million portfolio of Hillman Capital Management. George Soros owns 124,500 shares as of 09/30/2010, a decrease of 63.27% of from the previous quarter. This position accounts for 0.02% of the $6.69 billion portfolio of Soros Fund Management LLC. Ken Heebner sold out his holdings in the quarter that ended on 09/30/2010.
Buy: CEO and President Brian T Moynihan bought 30,000 shares of BAC stock on 08/23/2010 at the average price of 13.03. Brian T Moynihan owns at least 453,727 shares after this. The price of the stock has decreased by 10.51% since. There are mixed trades from other insiders.
McDermott International Inc. (MDR, Financial): Down 28% Since George Soros Bought In the Quarter Ended on 2010-06-30
George Soros added to his holdings in Oil Equipment & Services company McDermott International Inc. by 161.75% during the quarter ended 06/30/2010. He owned 131,400 shares of as of 06/30/2010.
McDermott International is one of the worldwide energy services companies. Mcdermott International Inc. has a market cap of $4.12 billion; its shares were traded at around $17.75 with a P/E ratio of 12.5 and P/S ratio of 0.6. Mcdermott International Inc. had an annual average earning growth of 55.9% over the past 5 years.
John Keeley owns 2,866,154 shares as of 09/30/2010, an increase of 22% from the previous quarter. This position accounts for 0.74% of the $5.76 billion portfolio of Keeley Fund Management.
Oshkosh Truck Corp. (OSK, Financial): Down 22% 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 $2.64 billion; its shares were traded at around $29.16 with a P/E ratio of 3.2 and P/S ratio of 0.3.
OSK recently reported fiscal 2010 fourth quarter net sales of $2.11 billion and income from continuing operations of $116.6 million, or $1.28 per share. This compares with net sales of $1.47 billion and income from continuing operations of $45.7 million, or $0.55 per share, in the prior year fourth quarter.
James Barrow owns 1,122,700 shares as of 09/30/2010, which accounts for 0.07% of the $43.38 billion portfolio of Barrow, Hanley, Mewhinney & Strauss. George Soros sold out his holdings in the quarter that ended on 09/30/2010.
Sell: Director Kathleen J Hempel sold 12,000 shares of OSK stock on 11/15/2010 at the average price of 29.75. Kathleen J Hempel owns at least 12,900 shares after this. The price of the stock has decreased by 1.98% since. Other insiders have also decreased their positions in the company.
Level 3 Communications Inc. (LVLT, Financial): Down 27% Since Mason Hawkins Bought In the Quarter Ended on 2010-06-30
Mason Hawkins added to his holdings in Fixed Line Telecommunications company Level 3 Communications Inc. by 4.86% during the quarter ended 06/30/2010. He owned 484,231,646 shares of as of 06/30/2010. Level 3 Communications is an international communications and information services company. Level 3 Communications Inc. has a market cap of $1.66 billion; its shares were traded at around $1 with and P/S ratio of 0.5.
John Griffin bought 7,785,000 shares in the quarter that ended on 09/30/2010, which is 0.11% of the $6.46 billion portfolio of Blue Ridge Capital. Mario Gabelli owns 35,000 shares as of 09/30/2010, an increase of 75% from the previous quarter. This position accounts for less than 0.01% of the $23.32 billion portfolio of GAMCO Investors. Kenneth Fisher sold out his holdings in the quarter that ended on 09/30/2010.
Sell: CEO James Q Crowe sold 2,000,000 shares of LVLT stock on 08/25/2010 at the average price of 1.05. James Q Crowe owns at least 9,211,779 shares after this. The price of the stock has decreased by 4.76% since. There are mixed trades from other insiders.
Strayer Education Inc. (STRA, Financial): Down 40% Since Jim Simons Bought In the Quarter Ended on 2010-06-30
Jim Simons added to his holdings in Specialized Consumer Services company Strayer Education Inc. by 667.82% during the quarter ended 06/30/2010. He owned 133,600 shares of as of 06/30/2010. STRAYER EDUCATION, INC. The College is a regional proprietary institution of higher education offering undergraduate and graduate degree programs to more than 7,000 students at eight campuses in Washington, D. Strayer Education Inc. has a market cap of $2.02 billion; its shares were traded at around $145.51 with a P/E ratio of 15.6 and P/S ratio of 4. The dividend yield of Strayer Education Inc. stocks is 2%. Strayer Education Inc. had an annual average earning growth of 16% over the past 10 years. GuruFocus rated Strayer Education Inc. the business predictability rank of 3.5-star.
STRA recently reported its third quarter 2010 results. Revenues for the three months ended September 30, 2010 increased 29% to $147.6 million, compared to $114.4 million for the same period in 2009, due to increased enrollment and a 5% tuition increase which commenced in January 2010.
Ruane Cunniff owns 51,978 shares as of 09/30/2010, an increase of 26.04% from the previous quarter. This position accounts for 0.1% of the $8.85 billion portfolio of Ruane & Cunniff & Goldfarb Inc. George Soros sold out his holdings in the quarter that ended on 09/30/2010.
Buy: Director Robert R Grusky bought 100 shares of STRA stock on 11/04/2010 at the average price of 131.44. Robert R Grusky owns at least 4,705 shares after this. The price of the stock has increased by 10.7% since. There are mixed trades from other insiders.
Bank of America Corp. (BAC, Financial): Down 30% Since Bruce Berkowitz Bought In the Quarter Ended on 2010-06-30
Bruce Berkowitz added to his holdings in Banks company Bank of America Corp. by 37.61% during the quarter ended 06/30/2010. He owned 54,092,500 shares of as of 06/30/2010. Bank of America Corp. is one of the world's financial services companies. Bank Of America Corp. has a market cap of $116.99 billion; its shares were traded at around $11.66 with a P/E ratio of 53 and P/S ratio of 0.8. The dividend yield of Bank Of America Corp. stocks is 0.3%.
BAC recently reported a net loss of $7.3 billion, or $0.77 per diluted share, in the third quarter of 2010, including a non-cash, non-tax deductible goodwill impairment charge of $10.4 billion. Excluding this charge, net income was $3.1 billion, or $0.27 per diluted share, compared with a net loss of $1.0 billion, or $0.26 per diluted share, in the third quarter of 2009.
Mark Hillman owns 1,354,395 shares as of 09/30/2010, an increase of 986.91% from the previous quarter. This position accounts for 4.12% of the $431 million portfolio of Hillman Capital Management. George Soros owns 124,500 shares as of 09/30/2010, a decrease of 63.27% of from the previous quarter. This position accounts for 0.02% of the $6.69 billion portfolio of Soros Fund Management LLC. Ken Heebner sold out his holdings in the quarter that ended on 09/30/2010.
Buy: CEO and President Brian T Moynihan bought 30,000 shares of BAC stock on 08/23/2010 at the average price of 13.03. Brian T Moynihan owns at least 453,727 shares after this. The price of the stock has decreased by 10.51% since. There are mixed trades from other insiders.
