Weekly Guru Bargains Highlights: YOKU, TEX, HCBK, RIMM, SPLS

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Jun 20, 2011
Last week's top five guru bargain stocks were YOKU, TEX, HCBK, RIMM and SPLS. According to GuruFocus updates, these stocks have declined the most since Gurus have bought.

Youku.com (YOKU, Financial): Down 27% Since Chase Coleman Bought In the quarter ended on March 31, 2011

Chase Coleman initiated holdings in Youku.com during the quarter ended March 31, 2011. His purchase prices were between $29.55 and $51.26, with an estimated average price of $38.29. Since then the prices of Youku.com shares have declined by 27% from the estimated average. Chase Coleman owned 1,133,788 shares of as of March 31, 2011.


Youku.com operates as the provider of video content through its internet television platform in China. Youku.com has a market cap of $2.41 billion; its shares were traded at around $28.04 with and P/S ratio of 41.16.


Youku.com recently reported its first quarter 2011 results. Net revenues were RMB128.0 million (US$19.5 million), a 163% increase from the corresponding period in 2010. Gross profit was RMB14.0 million (US$2.1 million), compared to a gross loss of RMB18.3 million (US$2.8 million) for the corresponding period in 2010.


George Soros bought 50,000 shares in the quarter that ended on March 31, 2011, which is 0.037% of the $6.42 billion portfolio of Soros Fund Management LLC. Chris Davis owns 561,590 shares as of March 31, 2011, which accounts for 0.04% of the $59.34 billion portfolio of Davis Selected Advisers. Lee Ainslie sold out his holdings in the quarter that ended on March 31, 2011.


Terex Corp. (TEX, Financial): Down 23% Since Jim Simons Bought In the Quarter Ended on March 31, 2011

Jim Simons initiated holdings in commercial vehicles & trucks company Terex Corp. during the quarter ended March 31, 2011. His purchase prices were between $28.8 and $38.3, with an estimated average price of $34.18. Since then the prices of Terex Corp. shares have declined by 23% from the estimated average. Jim Simons owned 386,000 shares of as of March 31, 2011.


Terex Corp. is a global manufacturer of a broad range of construction and mining related capital equipment. Terex Corp. has a market cap of $2.74 billion; its shares were traded at around $26.36 with and P/S ratio of 0.62.


TEX recently announced income from continuing operations for the first quarter of 2011 of $5.0 million, or $0.04 per share, compared to a loss from continuing operations of $79.0 million or $0.73 per share in the first quarter of 2010. The first quarter results were favorably impacted by an after-tax gain of $33.2 million, or $0.28 per share on the sale of approximately 1.8 million shares of Bucyrus International Inc. (BUCY) common stock.


James Barrow owns 2,077,231 shares as of March 31, 2011, which accounts for 0.16% of the $49.52 billion portfolio of Barrow, Hanley, Mewhinney & Strauss. John Keeley owns 1,354,700 shares as of March 31, 2011, which accounts for 0.77% of the $6.54 billion portfolio of Keeley Fund Management. Richard Snow owns 1,907,854 shares as of March 31, 2011, a decrease of 25.89% of from the previous quarter. This position accounts for 2.6% of the $2.72 billion portfolio of Snow Capital Management L.P.


Buy: Chairman & CEO Ronald M. Defeo bought 45 shares of TEX stock on 06/08/2011 at the average price of 25.82. Ronald M. Defeo owns at least 1,315,165 shares after this. The price of the stock has increased by 2.09% since. Other insiders have also increased their positions in the company.


Hudson City Bancorp Inc. (HCBK, Financial): Down 26% Since Richard Aster Jr Bought in the Quarter Ended on March 31, 2011

Richard Aster Jr added to his holdings in banks company Hudson City Bancorp Inc. by 29.31% during the quarter ended March 31, 2011. His purchase prices were between $9.61 and $13.25, with an estimated average price of $11.11. Since then the prices of Hudson City Bancorp Inc. shares have declined by 26% from the estimated average. Richard Aster Jr. owned 52,500 shares of as of March 31, 2011.


Hudson City Bancorp Inc. is a bank holding company. Through its subsidiary, Hudson City Savings, they are a community and customer-oriented savings bank that provides financial services primarily to individuals and families. Hudson City Bancorp Inc. has a market cap of $4.3 billion; its shares were traded at around $8.17 with and P/S ratio of 1.46. The dividend yield of Hudson City Bancorp Inc. stocks is 3.92%. Hudson City Bancorp Inc. had an annual average earnings growth of 28.7% over the past 10 years. GuruFocus rated Hudson City Bancorp Inc. the business predictability rank of 5-star.


Hudson City Bancorp Inc. recently reported a net loss of $555.7 million for the quarter ended March 31, 2011 as compared to net income of $148.9 million for the quarter ended March 31, 2010. Diluted loss per share amounted to $1.13 during the first quarter of 2011 as compared to diluted earnings per share of $0.30 for the first quarter of 2010.


Brian Rogers bought 1,500,000 shares in the quarter that ended on 03/31/2011, which is 0.14% of the $21.09 billion portfolio of T. Rowe Price Equity Income Fund. David Dreman owns 1,201,693 shares as of March 31, 2011, an increase of 14.06% from the previous quarter. This position accounts for 0.44% of the $5.32 billion portfolio of Dreman Value Management. George Soros sold out his holdings in the quarter that ended on March 31, 2011.


Buy: Director Robert E. Sulentic bought 15,150 shares of SPLS stock on May 26, 2011, at the average price of 16.52. Robert E. Sulentic owns at least 67,385 shares after this. The price of the stock has decreased by 7.08% since.


Research In Motion Ltd. (RIMM, Financial): Down 56% Since Jeremy Grantham Bought in the Quarter Ended on March 31, 2011

Jeremy Grantham added to his holdings in Telecommunications Equipment company Research In Motion Ltd. by 147.57% during the quarter ended March 31, 2011. His purchase prices were between $55.995 and $69.86, with an estimated average price of $62.99. Since then the prices of Research In Motion Ltd. shares have declined by 56% from the estimated average. Jeremy Grantham owned 958,100 shares of as of March 31, 2011.


Research In Motion is a world leader in the mobile communications market and has a history of developing breakthrough wireless solutions. Research In Motion Ltd. has a market cap of $19.16 billion; its shares were traded at around $27.75 with a P/E ratio of 5.75 and P/S ratio of 0.96. Research In Motion Ltd. had an annual average earnings growth of 53.4% over the past 5 years.


Research In Motion recently reported its first quarter fiscal 2012 results. Revenue for the first quarter of fiscal 2012 was $4.9 billion, down 12% from $5.6 billion in the previous quarter and up 16% from $4.2 billion in the same quarter of last year. The revenue breakdown for the quarter was approximately 78% for hardware revenue, 20% for service and 2% for software and other revenue. During the quarter, RIM shipped approximately 13.2 million BlackBerry handheld devices and approximately 500,000 BlackBerry Playbook tablets.


George Soros bought 700 shares in the quarter that ended on 03/31/2011, which is 0.0006% of the $6.42 billion portfolio of Soros Fund Management LLC. PRIMECAP Management owns 12,822,173 shares as of 03/31/2011, an increase of 22.48% from the previous quarter. This position accounts for 1.03% of the $70.47 billion portfolio of PRIMECAP Management. Joel Greenblatt owns 29,212 shares as of March 31, 2011, a decrease of 27.93% of from the previous quarter. This position accounts for 0.5% of the $333 million portfolio of Gotham Capital.


Staples Inc. (SPLS, Financial): Down 29% Since Brian Rogers Bought In the Quarter Ended on March 31, 2011

Brian Rogers initiated holdings in Specialty Retailers company Staples Inc. during the quarter ended March 31, 2011. His purchase prices were between $19.33 and $23.68, with an estimated average price of $21.68. Since then the prices of Staples Inc. shares have declined by 29% from the estimated average. Brian Rogers owned 1,500,000 shares of as of March 31, 2011.


Staples.com is creating a business-to-business electronic marketplace offering a comprehensive solution for all of the office needs of business customers. Staples Inc. has a market cap of $10.59 billion; its shares were traded at around $15.35 with a P/E ratio of 11.55 and P/S ratio of 0.43. The dividend yield of Staples Inc. stocks is 2.7%. Staples Inc. had an annual average earnings growth of 12.2% over the past 10 years. GuruFocus rated Staples Inc. the business predictability rank of 3-star.


Staples recently reported results for its first quarter ended April 30, 2011. Total company sales for the first quarter of 2011 increased two percent to $6.2 billion compared to the first quarter of 2010. Net income for the first quarter of 2011 increased five percent year over year to $198 million, and diluted earnings per share, on a GAAP basis, increased eight percent to $0.28 from $0.26 in the first quarter of 2010.


Brian Rogers bought 1,500,000 shares in the quarter that ended on 03/31/2011, which is 0.14% of the $21.09 billion portfolio of T. Rowe Price Equity Income Fund. David Dreman owns 1,201,693 shares as of March 31, 2011, an increase of 14.06% from the previous quarter. This position accounts for 0.44% of the $5.32 billion portfolio of Dreman Value Management. George Soros sold out his holdings in the quarter that ended on March 31, 2011.


Buy: Director Robert E. Sulentic bought 15,150 shares of SPLS stock on May 26, 2011, at the average price of 16.52. Robert E. Sulentic owns at least 67,385 shares after this. The price of the stock has decreased by 7.08% since.