Last week’s top five guru bargain stocks were Sterling Financial, Home Inns and Hotel Management, Radioshack, Strayer Education, and Eastman Kodak. According to GuruFocus updates, these stocks have declined the most since Gurus have bought.
Sterling Financial Corp. (STSA, Financial): Down 57% Since Arnold Schneider Bought In the Quarter Ended on 2010-09-30
Arnold Schneider initiated holdings in Banks company Sterling Financial Corp. during the quarter ended 09/30/2010. He owned 800,000 shares of as of 09/30/2010. Sterling Financial Corporation is a unitary savings and loan holding company. Sterling Financial Corp. has a market cap of $1.06 billion; its shares were traded at around $17.25 with and P/S ratio of 1.81.
Arnold Schneider owns 104,879 shares as of 12/31/2010, an increase of 762.49% from the previous quarter. This position accounts for 0.11% of the $1.83 billion portfolio of Schneider Capital Management.
Buy: CEO/President - SFC John Gregory Seibly bought 3,040 shares of STSA stock on 11/17/2010 at the average price of 16.45. John Gregory Seibly owns at least 346,360 shares after this. The price of the stock has increased by 4.86% since. Other insiders have also increased their positions in the company.
Home Inns & Hotels Management Inc. (HMIN, Financial): Down 22% Since Steven Cohen Bought In the Quarter Ended on 2010-09-30
Steven Cohen added to his holdings in Hotels company Home Inns & Hotels Management Inc. by 771.34% during the quarter ended 09/30/2010. He owned 38,008 shares of as of 09/30/2010. Home Inns & Hotels Management Inc. is a economy hotel chain in China based on the number of hotels and hotel rooms, as well as the geographic coverage of the hotel chain. Home Inns & Hotels Management Inc. has a market cap of $1.36 billion; its shares were traded at around $34.19 with a P/E ratio of 43.83 and P/S ratio of 3.56.
Steve Mandel owns 524,730 shares as of 12/31/2010, an increase of 122.47% from the previous quarter. This position accounts for 0.18% of the $12.14 billion portfolio of Lone Pine Capital. Lee Ainslie owns 2,943,346 shares as of 12/31/2010, an increase of 103.73% from the previous quarter. This position accounts for 1.28% of the $9.44 billion portfolio of Maverick Capital.
RADIOSHACK CORP. (RSH, Financial): Down 22% Since Robert Olstein Bought In the Quarter Ended on 2010-09-30
Robert Olstein added to his holdings in Specialty Retailers company RADIOSHACK CORP. by 10.97% during the quarter ended 09/30/2010. He owned 526,000 shares of as of 09/30/2010. RadioShack Corporation is one of the nation's largest and most trusted consumer electronics retailers in the United States, and offers both on- and off-line shopping convenience. Radioshack Corp. has a market cap of $1.79 billion; its shares were traded at around $15.7 with a P/E ratio of 8.87 and P/S ratio of 0.42. The dividend yield of Radioshack Corp. stocks is 1.59%.
Radioshack recently reported its third quarter 2010 results. Total net sales and operating revenues for the 2010 third quarter increased 6.2% to $1.05 billion, compared to $990.0 million for the 2009 third quarter. Net income for the third quarter increased 23.0% to $46.0 million, or $0.37 per diluted share, compared to net income of $37.4 million, or $0.30 per diluted share, reported for the same period last year. Comparable store sales for company-operated stores and kiosks increased 6.2% during the 2010 third quarter, compared to the 2009 third quarter.
Joel Greenblatt bought 14,908 shares in the quarter that ended on 12/31/2010, which is 0.09% of the $306 million portfolio of Gotham Capital. John Hussman owns 1,000,000 shares as of 12/31/2010, an increase of 122.22% from the previous quarter. This position accounts for 0.29% of the $6.34 billion portfolio of Hussman Economtrics Advisors, Inc.. George Soros owns 12,400 shares as of 12/31/2010, an increase of 20.39% from the previous quarter. This position accounts for less than 0.01% of the $7.69 billion portfolio of Soros Fund Management LLC.
Sell: Exec. VP & CFO James F Gooch sold 20,952 shares of RSH stock on 12/15/2010 at the average price of 18.43. James F Gooch owns at least 120,319 shares after this. The price of the stock has decreased by 14.81% since. Other insiders have also decreased their positions in the company.
Strayer Education Inc. (STRA, Financial): Down 28% Since Jeremy Grantham Bought In the Quarter Ended on 2010-09-30
Jeremy Grantham added to his holdings in Specialized Consumer Services company Strayer Education Inc. by 36.44% during the quarter ended 09/30/2010. He owned 9,211 shares of as of 09/30/2010. 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 $1.85 billion; its shares were traded at around $136.62 with a P/E ratio of 14.08 and P/S ratio of 2.91. The dividend yield of Strayer Education Inc. stocks is 2.93%. 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.
Strayer recently reported its fourth quarter 2010 results. Revenues for the three months ended December 31, 2010 increased 17% to $172.0 million, compared to $147.2 million for the same period in 2009, due to increased enrollment and a 5% tuition increase which commenced in January 2010.
Joel Greenblatt bought 3,571 shares in the quarter that ended on 12/31/2010, which is 0.18% of the $306 million portfolio of Gotham Capital. Wallace Weitz owns 36,074 shares as of 12/31/2010, an increase of 33.11% from the previous quarter. This position accounts for 0.27% of the $2.04 billion portfolio of Weitz Wallace R & Co. Ruane Cunniff owns 65,698 shares as of 12/31/2010, an increase of 26.4% from the previous quarter. This position accounts for 0.11% of the $9.49 billion portfolio of Ruane & Cunniff & Goldfarb Inc.
Buy: Director Robert R Grusky bought 400 shares of STRA stock on 01/14/2011 at the average price of 123.71. Robert R Grusky owns at least 5,505 shares after this. The price of the stock has increased by 10.44% since. Other insiders have also increased their positions in the company.
EASTMAN KODAK COMPANY (EK, Financial): Down 21% Since Louis Moore Bacon Bought In the Quarter Ended on 2010-12-31
Louis Moore Bacon added to his holdings in Recreational Products company EASTMAN KODAK COMPANY by 90% during the quarter ended 12/31/2010. He owned 190,000 shares of as of 12/31/2010. Eastman Kodak Company is engaged primarily in developing, manufacturing and marketing consumer, professional, health and other imaging products and services. Eastman Kodak Company has a market cap of $997.53 million; its shares were traded at around $3.71 with and P/S ratio of 0.14.
Eastman Kodak recently reported its fourth quarter 2010 results. Full-year 2010 sales were $7.187 billion, a 6% decrease from the prior year. Full-year revenue from digital businesses grew by 1%, reflecting an 18% revenue increase in the company's core growth businesses -- Consumer and Commercial inkjet, Packaging Solutions, and Workflow Software and Services -- and an increase in non-recurring intellectual property licensing agreements. Full-year 2010 consumer inkjet printer and ink revenue grew by 35%. Traditional revenue for 2010 decreased 22% from the prior year to $1.767 billion.
Mario Gabelli owns 3,018,950 shares as of 12/31/2010, which accounts for 0.06% of the $26.72 billion portfolio of GAMCO Investors. Bill Gates owns 5,750,000 shares as of 12/31/2010, which accounts for 0.2% of the $15.14 billion portfolio of Bill & Melinda Gates Foundation Trust. Private Capital owns 3,916,293 shares as of 12/31/2010, which accounts for 1.41% of the $1.48 billion portfolio of Private Capital Management.
1 Guru Reduced Positions: PRIMECAP Management owns 6,101,700 shares as of 12/31/2010, a decrease of 51.59% of from the previous quarter. This position accounts for 0.05% of the $67.24 billion portfolio of PRIMECAP Management.
Sell: Director William G Parrett sold 2,000 shares of EK stock on 02/11/2011 at the average price of 3.51. William G Parrett owns at least 6,973 shares after this. The price of the stock has increased by 5.7% since.
Sterling Financial Corp. (STSA, Financial): Down 57% Since Arnold Schneider Bought In the Quarter Ended on 2010-09-30
Arnold Schneider initiated holdings in Banks company Sterling Financial Corp. during the quarter ended 09/30/2010. He owned 800,000 shares of as of 09/30/2010. Sterling Financial Corporation is a unitary savings and loan holding company. Sterling Financial Corp. has a market cap of $1.06 billion; its shares were traded at around $17.25 with and P/S ratio of 1.81.
Arnold Schneider owns 104,879 shares as of 12/31/2010, an increase of 762.49% from the previous quarter. This position accounts for 0.11% of the $1.83 billion portfolio of Schneider Capital Management.
Buy: CEO/President - SFC John Gregory Seibly bought 3,040 shares of STSA stock on 11/17/2010 at the average price of 16.45. John Gregory Seibly owns at least 346,360 shares after this. The price of the stock has increased by 4.86% since. Other insiders have also increased their positions in the company.
Home Inns & Hotels Management Inc. (HMIN, Financial): Down 22% Since Steven Cohen Bought In the Quarter Ended on 2010-09-30
Steven Cohen added to his holdings in Hotels company Home Inns & Hotels Management Inc. by 771.34% during the quarter ended 09/30/2010. He owned 38,008 shares of as of 09/30/2010. Home Inns & Hotels Management Inc. is a economy hotel chain in China based on the number of hotels and hotel rooms, as well as the geographic coverage of the hotel chain. Home Inns & Hotels Management Inc. has a market cap of $1.36 billion; its shares were traded at around $34.19 with a P/E ratio of 43.83 and P/S ratio of 3.56.
Steve Mandel owns 524,730 shares as of 12/31/2010, an increase of 122.47% from the previous quarter. This position accounts for 0.18% of the $12.14 billion portfolio of Lone Pine Capital. Lee Ainslie owns 2,943,346 shares as of 12/31/2010, an increase of 103.73% from the previous quarter. This position accounts for 1.28% of the $9.44 billion portfolio of Maverick Capital.
RADIOSHACK CORP. (RSH, Financial): Down 22% Since Robert Olstein Bought In the Quarter Ended on 2010-09-30
Robert Olstein added to his holdings in Specialty Retailers company RADIOSHACK CORP. by 10.97% during the quarter ended 09/30/2010. He owned 526,000 shares of as of 09/30/2010. RadioShack Corporation is one of the nation's largest and most trusted consumer electronics retailers in the United States, and offers both on- and off-line shopping convenience. Radioshack Corp. has a market cap of $1.79 billion; its shares were traded at around $15.7 with a P/E ratio of 8.87 and P/S ratio of 0.42. The dividend yield of Radioshack Corp. stocks is 1.59%.
Radioshack recently reported its third quarter 2010 results. Total net sales and operating revenues for the 2010 third quarter increased 6.2% to $1.05 billion, compared to $990.0 million for the 2009 third quarter. Net income for the third quarter increased 23.0% to $46.0 million, or $0.37 per diluted share, compared to net income of $37.4 million, or $0.30 per diluted share, reported for the same period last year. Comparable store sales for company-operated stores and kiosks increased 6.2% during the 2010 third quarter, compared to the 2009 third quarter.
Joel Greenblatt bought 14,908 shares in the quarter that ended on 12/31/2010, which is 0.09% of the $306 million portfolio of Gotham Capital. John Hussman owns 1,000,000 shares as of 12/31/2010, an increase of 122.22% from the previous quarter. This position accounts for 0.29% of the $6.34 billion portfolio of Hussman Economtrics Advisors, Inc.. George Soros owns 12,400 shares as of 12/31/2010, an increase of 20.39% from the previous quarter. This position accounts for less than 0.01% of the $7.69 billion portfolio of Soros Fund Management LLC.
Sell: Exec. VP & CFO James F Gooch sold 20,952 shares of RSH stock on 12/15/2010 at the average price of 18.43. James F Gooch owns at least 120,319 shares after this. The price of the stock has decreased by 14.81% since. Other insiders have also decreased their positions in the company.
Strayer Education Inc. (STRA, Financial): Down 28% Since Jeremy Grantham Bought In the Quarter Ended on 2010-09-30
Jeremy Grantham added to his holdings in Specialized Consumer Services company Strayer Education Inc. by 36.44% during the quarter ended 09/30/2010. He owned 9,211 shares of as of 09/30/2010. 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 $1.85 billion; its shares were traded at around $136.62 with a P/E ratio of 14.08 and P/S ratio of 2.91. The dividend yield of Strayer Education Inc. stocks is 2.93%. 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.
Strayer recently reported its fourth quarter 2010 results. Revenues for the three months ended December 31, 2010 increased 17% to $172.0 million, compared to $147.2 million for the same period in 2009, due to increased enrollment and a 5% tuition increase which commenced in January 2010.
Joel Greenblatt bought 3,571 shares in the quarter that ended on 12/31/2010, which is 0.18% of the $306 million portfolio of Gotham Capital. Wallace Weitz owns 36,074 shares as of 12/31/2010, an increase of 33.11% from the previous quarter. This position accounts for 0.27% of the $2.04 billion portfolio of Weitz Wallace R & Co. Ruane Cunniff owns 65,698 shares as of 12/31/2010, an increase of 26.4% from the previous quarter. This position accounts for 0.11% of the $9.49 billion portfolio of Ruane & Cunniff & Goldfarb Inc.
Buy: Director Robert R Grusky bought 400 shares of STRA stock on 01/14/2011 at the average price of 123.71. Robert R Grusky owns at least 5,505 shares after this. The price of the stock has increased by 10.44% since. Other insiders have also increased their positions in the company.
EASTMAN KODAK COMPANY (EK, Financial): Down 21% Since Louis Moore Bacon Bought In the Quarter Ended on 2010-12-31
Louis Moore Bacon added to his holdings in Recreational Products company EASTMAN KODAK COMPANY by 90% during the quarter ended 12/31/2010. He owned 190,000 shares of as of 12/31/2010. Eastman Kodak Company is engaged primarily in developing, manufacturing and marketing consumer, professional, health and other imaging products and services. Eastman Kodak Company has a market cap of $997.53 million; its shares were traded at around $3.71 with and P/S ratio of 0.14.
Eastman Kodak recently reported its fourth quarter 2010 results. Full-year 2010 sales were $7.187 billion, a 6% decrease from the prior year. Full-year revenue from digital businesses grew by 1%, reflecting an 18% revenue increase in the company's core growth businesses -- Consumer and Commercial inkjet, Packaging Solutions, and Workflow Software and Services -- and an increase in non-recurring intellectual property licensing agreements. Full-year 2010 consumer inkjet printer and ink revenue grew by 35%. Traditional revenue for 2010 decreased 22% from the prior year to $1.767 billion.
Mario Gabelli owns 3,018,950 shares as of 12/31/2010, which accounts for 0.06% of the $26.72 billion portfolio of GAMCO Investors. Bill Gates owns 5,750,000 shares as of 12/31/2010, which accounts for 0.2% of the $15.14 billion portfolio of Bill & Melinda Gates Foundation Trust. Private Capital owns 3,916,293 shares as of 12/31/2010, which accounts for 1.41% of the $1.48 billion portfolio of Private Capital Management.
1 Guru Reduced Positions: PRIMECAP Management owns 6,101,700 shares as of 12/31/2010, a decrease of 51.59% of from the previous quarter. This position accounts for 0.05% of the $67.24 billion portfolio of PRIMECAP Management.
Sell: Director William G Parrett sold 2,000 shares of EK stock on 02/11/2011 at the average price of 3.51. William G Parrett owns at least 6,973 shares after this. The price of the stock has increased by 5.7% since.
