Weekly Guru Bargains Highlights: WFT, PBI, SWY, NFLX, JCP

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Aug 18, 2012
According to GuruFocus updates, these stocks have declined the most since Gurus have bought. Weatherford Int (WFT, Financial): Down 21% Since T Boone Pickens Bought In the Quarter Ended on 2012-03-31


T Boone Pickens added to his holdings in Oil Equipment & Services company Weatherford Int by 34.94% during the quarter ended 03/31/2012. His purchase prices were between $14.92 and $18.2, with an estimated average price of $15.55. Since then the prices of Weatherford Int shares have declined by -21% from the estimated average. T Boone Pickens owned 695,101 shares of as of 03/31/2012.


Weatherford International is one of the world's providers ofequipment and services used for the drilling, completion and production of oil and natural gas wells. Weatherford Int has a market cap of $9.86 billion; its shares were traded at around $12.75 with a P/E ratio of 24 and P/S ratio of 0.8. Weatherford Int had an annual average earnings growth of 13% over the past 10 years.


Mario Gabelli owns 4,495,620 shares as of 06/30/2012, which accounts for 0.43% of the $13.31 billion portfolio of GAMCO Investors. Daniel Loeb owns 3,500,000 shares as of 06/30/2012, which accounts for 0.013% of the $3.27 billion portfolio of Third Point, LLC. Jean-Marie Eveillard owns 1,952 shares as of 06/30/2012, which accounts for less than 0.01% of the $25.72 billion portfolio of First Eagle Investment Management, LLC. Daniel Loeb owns 3,700,000 shares as of 06/30/2012, which accounts for 1.4% of the $3.27 billion portfolio of Third Point, LLC.


Pitney Bowes Inc. (PBI, Financial): Down 23% Since Joel Greenblatt Bought In the Quarter Ended on 2012-03-31


Joel Greenblatt added to his holdings in Electronic Office Equipment company Pitney Bowes Inc. by 261.3% during the quarter ended 03/31/2012. His purchase prices were between $17.54 and $19.54, with an estimated average price of $17.44. Since then the prices of Pitney Bowes Inc. shares have declined by -23% from the estimated average. Joel Greenblatt owned 244,709 shares of as of 03/31/2012.


Pitney Bowes, Inc. operates in three reportable segments: Mailing and Integrated Logistics, Office Solutions and Capital Services. Pitney Bowes Inc. has a market cap of $2.72 billion; its shares were traded at around $13.52 with a P/E ratio of 5.9 and P/S ratio of 0.5. The dividend yield of Pitney Bowes Inc. stocks is 11.1%.


PBI recently reported its second quarter 2012 financial results. Revenue for the quarter was $1.2 billion, a decline of 5 percent when compared to the prior year. Earnings per diluted share for the quarter, on a GAAP basis, were $0.50 versus$0.49 per diluted share for the prior year.


Joel Greenblatt owns 260,467 shares as of 06/30/2012, which accounts for 0.29% of the $1.36 billion portfolio of Gotham Capital. David Dreman owns 308,146 shares as of 06/30/2012, which accounts for 0.11% of the $4.28 billion portfolio of Dreman Value Management. Meridian Funds owns 26,100 shares as of 06/30/2012, which accounts for 0.013% of the $3 billion portfolio of Meridian Fund. Dodge & Cox owns 2,846,632 shares as of 06/30/2012, which accounts for 0.058% of the $73.36 billion portfolio of Dodge & Cox. NWQ Managers owns 6,811,346 shares as of 06/30/2012, which accounts for 0.73% of the $13.76 billion portfolio of NWQ Investment Management Co.


Chairman,President and CEO Murray D Martin bought 20,000 shares of PBI stock on 05/21/2012 at the average price of 13.55. Murray D Martin owns at least 136,942 shares after this. The price of the stock has decreased by 0.22% since. Other insiders have also increased their positions in the company.


Safeway Inc. (SWY, Financial): Down 21% Since Paul Tudor Jones Bought In the Quarter Ended on 2012-03-31


Paul Tudor Jones initiated holdings in Food Retailers & Wholesalers company Safeway Inc. during the quarter ended 03/31/2012. His purchase prices were between $20.21 and $22.95, with an estimated average price of $20.32. Since then the prices of Safeway Inc. shares have declined by -21% from the estimated average. Paul Tudor Jones owned 74,500 shares of as of 03/31/2012.


Safeway, Inc. is a food and drug retailer in North America. Safeway Inc. has a market cap of $3.85 billion; its shares were traded at around $15.805 with a P/E ratio of 8.6 and P/S ratio of 0.1. The dividend yield of Safeway Inc. stocks is 4.4%. Safeway Inc. had an annual average earnings growth of 0.4% over the past 10 years.


Safeway recently announced its second quarter 2012 financial results. The company reported income from continuing operations of $121.7 million ($0.50 per diluted share) for the second quarter of 2012 compared to $146.0 million ($0.41 per diluted share) in the second quarter of 2011.


Ray Dalio owns 1,868,134 shares as of 06/30/2012, an increase of 156.15% from the previous quarter. This position accounts for 0.5% of the $6.73 billion portfolio of Bridgewater Associates. Mario Gabelli owns 237,775 shares as of 06/30/2012, which accounts for 0.032% of the $13.31 billion portfolio of GAMCO Investors. Charles Brandes owns 9,378,459 shares as of 06/30/2012, which accounts for 1.8% of the $9.71 billion portfolio of Brandes Investment. Meridian Funds owns 22,300 shares as of 06/30/2012, which accounts for 0.014% of the $3 billion portfolio of Meridian Fund.


Senior Vice President David R Stern sold 2,000 shares of SWY stock on 08/07/2012 at the average price of 15.92. David R Stern owns at least 22,792 shares after this. The price of the stock has decreased by 0.72% since.


Netflix, Inc. (NFLX, Financial): Down 38% Since Whitney Tilson Bought In the Quarter Ended on 2012-03-31


Whitney Tilson initiated holdings in Specialty Retailers company Netflix, Inc. during the quarter ended 03/31/2012. His purchase prices were between $79.3 and $129.25, with an estimated average price of $104.29. Since then the prices of Netflix, Inc. shares have declined by -38% from the estimated average. Whitney Tilson owned 84,971 shares of as of 03/31/2012.


Netflix Inc. is the largest online movie rental subscription service in the United States providing subscribers access to a comprehensive library of more than 18,000 movie, television and other filmed entertainment titles. Netflix, Inc. has a market cap of $3.33 billion; its shares were traded at around $63.61 with a P/E ratio of 31.2 and P/S ratio of 1. Netflix, Inc. had an annual average earnings growth of 44.3% over the past 5 years. GuruFocus rated Netflix, Inc. the business predictability rank of 5-star.


Netflix recently reported its second quarter 2012 financial results. Revenues for the second quarter of 2012 were $889 million, compared to $789 million in the second quarter of 2011. Net income for the company in the second quarter of 2012 was $6 million.


George Soros bought 200,000 shares in the quarter that ended on 06/30/2012, which is 0.2% of the $6.92 billion portfolio of Soros Fund Management LLC. Steve Mandel bought 360,988 shares in the quarter that ended on 06/30/2012, which is 0.15% of the $16.97 billion portfolio of Lone Pine Capital. Whitney Tilson owns 9,995 shares as of 06/30/2012, a decrease of 88.24% of from the previous quarter. This position accounts for 0.58% of the $118 million portfolio of T2 Partners Management, LP. Julian Robertson sold out his holdings in the quarter that ended on 06/30/2012.


CEO Reed Hastings sold 76,500 shares of NFLX stock on 02/23/2012 at the average price of 111.44. Reed Hastings owns at least 1,087,215 shares after this. The price of the stock has decreased by 42.92% since. Other insiders have increased their positions in the company.


J.C. Penney Company, Inc. (JCP, Financial): Down 33% Since Steven Cohen Bought In the Quarter Ended on 2012-03-31


Steven Cohen added to his holdings in Broadline Retailers company J.c. Penney Company, Inc. by 33430.4% during the quarter ended 03/31/2012. His purchase prices were between $33.28 and $43.13, with an estimated average price of $35.98. Since then the prices of J.C. Penney Company, Inc. shares have declined by -33% from the estimated average. Steven Cohen owned 125,739 shares of as of 03/31/2012.


JCPenney is one of America's retailers, operating department stores throughout the United States and Puerto Rico, as well as one of the largest apparel and home furnishing sites on the Internet, jcp. J.c. Penney Company, Inc. has a market cap of $5.11 billion; its shares were traded at around $24.1 with and P/S ratio of 0.3. J.c. Penney Company, Inc. had an annual average earnings growth of 2.6% over the past 10 years.


JC Penny recently announced financial results for its fiscal second quarter ended July 28, 2012. For the quarter, JC Penny reported an adjusted net loss of $81 million or $0.37 per share,


Dodge & Cox bought 16,138,090 shares in the quarter that ended on 06/30/2012, which is 0.51% of the $73.36 billion portfolio of Dodge & Cox. Lee Ainslie owns 2,608,112 shares as of 06/30/2012, an increase of 163.68% from the previous quarter. This position accounts for 0.89% of the $6.85 billion portfolio of Maverick Capital. Mario Gabelli owns 180,000 shares as of 06/30/2012, an increase of 57.62% from the previous quarter. This position accounts for 0.032% of the $13.31 billion portfolio of GAMCO Investors. Richard Pzena sold out his holdings in the quarter that ended on 06/30/2012.


COO Michael W Kramer bought 4,400 shares of JCP stock on 08/16/2012 at the average price of 23.74. Michael W Kramer owns at least 884,049 shares after this. The price of the stock has increased by 1.52% since. Other insiders have also increased their positions in the company.