Weekly Guru Bargains Highlights: IAG, DECK, SEE, HEI, TEF

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Aug 12, 2012
According to GuruFocus updates, these stocks have declined the most since Gurus have bought.


IAMGOLD Corporation (IAG, Financial): Down 21% Since Mario Gabelli Bought In the Quarter Ended on 2012-03-31


Mario Gabelli initiated holdings in Gold Mining company Iamgold Corporation during the quarter ended 03/31/2012. His purchase prices were between $13.03 and $17.45, with an estimated average price of $14.62. Since then the prices of IAMGOLD Corporation shares have declined by -21% from the estimated average. Mario Gabelli owned 22,650 shares of as of 03/31/2012.


IAMGOLD Corp is an international gold exploration and mining company based in Canada. Iamgold Corporation has a market cap of $4.14 billion; its shares were traded at around $11.48 with a P/E ratio of 10.7 and P/S ratio of 2.5. The dividend yield of Iamgold Corporation stocks is 2.3%. Iamgold Corporation had an annual average earnings growth of 19% over the past 10 years.


IAMGOLD recently reported its unaudited consolidated financial and operating results for the first quarter ended March 31, 2012. Revenues from continuing operations were $404.2 million compared to $414.0 million in the first quarter of 2011.


Mario Gabelli bought 22,650 shares in the quarter that ended on 03/31/2012, which is 0.0022% of the $13.95 billion portfolio of GAMCO Investors. John Paulson owns 3,881,900 shares as of 03/31/2012, an increase of 40.15% from the previous quarter. This position accounts for 0.34% of the $14.96 billion portfolio of Paulson & Co..


Deckers Outdoor Corp (DECK, Financial): Down 38% Since John Burbank Bought In the Quarter Ended on 2012-03-31


John Burbank initiated holdings in Footwear company Deckers Outdoor Corp during the quarter ended 03/31/2012. His purchase prices were between $62.95 and $90.21, with an estimated average price of $72.61. Since then the prices of Deckers Outdoor Corp shares have declined by -38% from the estimated average. John Burbank owned 56,000 shares of as of 03/31/2012.


DECKERS OUTDOOR CORP. designs, manufactures, and markets innovative, function-oriented footwear and apparel that have been developed for high-performance outdoor, sports and other lifestyle related activities, as well as for casual use. Deckers Outdoor Corp has a market cap of $1.61 billion; its shares were traded at around $44.99 with a P/E ratio of 9.4 and P/S ratio of 1.2. Deckers Outdoor Corp had an annual average earnings growth of 40.7% over the past 10 years. GuruFocus rated Deckers Outdoor Corp the business predictability rank of 4.5-star.


DECK recently reported its second quarter 2012 financial results. Net sales increased 13.1% to $174.4 million compared to $154.2 million for the same period last year.


John Burbank bought 56,000 shares in the quarter that ended on 03/31/2012, which is 0.12% of the $2.95 billion portfolio of Passport Capital. Ron Baron bought 81,000 shares in the quarter that ended on 03/31/2012, which is 0.031% of the $16.69 billion portfolio of Baron Funds. PRIMECAP Management bought 15,900 shares in the quarter that ended on 03/31/2012, which is 0.0015% of the $67.24 billion portfolio of PRIMECAP Management. John Burbank owns 55,000 shares as of 03/31/2012, which accounts for 0.12% of the $2.95 billion portfolio of Passport Capital.


CEO Angel R Martinez bought 10,000 shares of DECK stock on 07/11/2012 at the average price of 45.9. Angel R Martinez owns at least 346,740 shares after this. The price of the stock has decreased by 1.98% since. Other insiders have also increased their positions in the company.


Sealed Air Corp (SEE, Financial): Down 24% Since Robert Olstein Bought In the Quarter Ended on 2012-03-31


Robert Olstein added to his holdings in Containers & Packaging company Sealed Air Corp by 28.21% during the quarter ended 03/31/2012. His purchase prices were between $17.38 and $21.04, with an estimated average price of $18.36. Since then the prices of Sealed Air Corp shares have declined by -24% from the estimated average. Robert Olstein owned 459,000 shares of as of 03/31/2012.


Sealed Air Corporation is a global leader in performance solutions for food, protective and specialty packaging. Sealed Air Corp has a market cap of $2.68 billion; its shares were traded at around $14.02 with a P/E ratio of 10.8 and P/S ratio of 0.5. The dividend yield of Sealed Air Corp stocks is 3.8%.


For the second quarter 2012, Sealed Air reported a loss of $0.07 per share after a $0.27 per share unfavorable effect from special items. This compares with reported net earnings per common share (EPS) of $0.37 in 2011. On an adjusted basis, second quarter 2012 EPS was $0.20 compared with second quarter 2011 adjusted EPS of $0.40.


Richard Snow bought 1,725,924 shares in the quarter that ended on 03/31/2012, which is 1.6% of the $2.14 billion portfolio of Snow Capital Management, L.P. Ray Dalio owns 156,300 shares as of 03/31/2012, an increase of 1320.91% from the previous quarter. This position accounts for 0.047% of the $6.73 billion portfolio of Bridgewater Associates. Robert Olstein owns 459,000 shares as of 03/31/2012, an increase of 28.21% from the previous quarter. This position accounts for 1.6% of the $565 million portfolio of Olstein Financial Alert Fund.


Director Jerry R. Whitaker bought 1,100 shares of SEE stock on 05/14/2012 at the average price of 17.51. Jerry R. Whitaker owns at least 4,995 shares after this. The price of the stock has decreased by 19.93% since. There are mixed trades from other insiders.


HEICO Corporation (HEI, Financial): Down 33% Since Jim Simons Bought In the Quarter Ended on 2012-03-31


Jim Simons added to his holdings in Aerospace company Heico Corporation by 25.36% during the quarter ended 03/31/2012. His purchase prices were between $51.94 and $59.53, with an estimated average price of $52.26. Since then the prices of HEICO Corporation shares have declined by -33% from the estimated average. Jim Simons owned 292,181 shares of as of 03/31/2012.


Heico Corporation is engaged primarily in certain niche segments of the aviation, defense, space and electronics industries through its Hollywood, FL-based HEICO Aerospace Holdings Corp. Heico Corporation has a market cap of $1.92 billion; its shares were traded at around $35.15 with a P/E ratio of 24.9 and P/S ratio of 2.5. The dividend yield of Heico Corporation stocks is 0.3%. Heico Corporation had an annual average earnings growth of 17.3% over the past 10 years. GuruFocus rated Heico Corporation the business predictability rank of 4.5-star.


HEI recently announced its second quarter 2012 financial results. Operating income increased 14% to $37,601,000 in the second quarter of fiscal 2012, up from $32,913,000 in the second quarter of fiscal 2011 and approximated the record operating income reported in the first quarter of fiscal 2012. For the first six months of fiscal 2012, operating income increased 15% to a record $75,233,000, up from $65,285,000 in the first six months of fiscal 2011.


Mario Gabelli owns 43,124 shares as of 03/31/2012, which accounts for 0.016% of the $13.95 billion portfolio of GAMCO Investors.


Telefonica S.A. (TEF, Financial): Down 22% Since Jeff Auxier Bought In the Quarter Ended on 2012-03-31


Jeff Auxier added to his holdings in Fixed Line Telecommunications company Telefonica S.a. by 28.35% during the quarter ended 03/31/2012. His purchase prices were between $15.82 and $17.3, with an estimated average price of $15.65. Since then the prices of Telefonica S.A. shares have declined by -22% from the estimated average. Jeff Auxier owned 113,186 shares of as of 03/31/2012.


Telefonica is the largest supplier of telecommunications services in the Spanish and Portuguese speaking world. Telefonica S.a. has a market cap of $53.57 billion; its shares were traded at around $12.27 with a P/E ratio of 3.9 and P/S ratio of 0.6. The dividend yield of Telefonica S.a. stocks is 7.2%. Telefonica S.a. had an annual average earnings growth of 22.6% over the past 10 years. GuruFocus rated Telefonica S.a. the business predictability rank of 3.5-star.


David Dreman owns 200,211 shares as of 03/31/2012, an increase of 36.01% from the previous quarter. This position accounts for 0.069% of the $4.79 billion portfolio of Dreman Value Management. Charles Brandes owns 3,079,648 shares as of 03/31/2012, which accounts for 0.45% of the $9.71 billion portfolio of Brandes Investment.