Weekly Guru Bargains Highlights: DBD, WTW, MSCI, APKT, ROVI

Author's Avatar
Nov 05, 2012
According to GuruFocus updates, these stocks have declined the most since Gurus have bought:

Diebold Inc. (DBD, Financial): Down 21% Since Steven Cohen Bought in the Quarter Ended on 6-30-2012

Steven Cohen added to his holdings in electronic equipment company, Diebold Inc. (DBD) by 210.89% during the quarter ended 6/30/2012. His purchase prices were between $35.61 and $42.30, with an estimated average price of $37.63. Since then the prices of Diebold Inc. shares have declined by 21% from the estimated average. Cohen owned 115,956 shares of as of 6/30/2012.

Diebold Inc. develops, manufactures, sells and services automated teller machines, electronic and physical security systems, various products used to equip bank facilities, software and integrated systems for global financial and commercial markets. Diebold Inc. has a market cap of $1.87 billion; its shares were traded at a$29.65 with a P/E ratio of 11.4 and a P/S ratio of 0.7. The dividend yield of Diebold stocks is 3.9%.

BDB recently reported third quarter 2012 net income from continuing operations attributable to Diebold, net of tax, of $17.4 million, or $0.27 per diluted share. This compares with third quarter 2011 net income of $41.8 million, or $0.65 per diluted share.

Meridian Funds owns 13,200 shares as of 6/30/2012, which accounts for 0.016% of the $3 billion portfolio of Meridian Fund. PRIMECAP Management owns 260,000 shares as of 6/30/2012, which accounts for 0.016% of the $59.94 billion portfolio of PRIMECAP Management. Mario Gabelli owns 3,904,217 shares as of 6/30/2012, which accounts for 1.1% of the $13.31 billion portfolio of GAMCO Investors.

President and CEO, Thomas W. Swidarski sold 20,668 shares of DBD stock on 6/15/2012 at the average price of $36.50. Swidarski owns at least 220,267 shares after this. The price of the stock has decreased by 18.77% since.

Weight Watchers International, Inc. (WTW, Financial): Down 24% Since Steven Cohen Bought in the Quarter Ended on 06-30-2012

Steven Cohen initiated holdings in specialized consumer services company Weight Watchers International, Inc. (WTW) during the quarter ended 6/30/2012. His purchase prices were between $49.68 and $79.19, with an estimated average price of $62.53. Since then the prices of Weight Watchers International, Inc. shares have declined by 24% from the estimated average. Steven Cohen owned 8,287 shares of as of 6/30/2012.

Weight Watchers International, Inc. is the largest provider of weight control programs in the world. Weight Watchers International, Inc. has a market cap of $2.87 billion; its shares were traded at around $47.83 with a P/E ratio of 12.7 and a P/S ratio of 1.6. The dividend yield of Weight Watchers International, Inc. stocks is 1.4%. Weight Watchers International, Inc. had an annual average earnings growth of 12.7% over the past 10 years. GuruFocus rated Weight Watchers International, Inc. the business predictability rank of 4.5 stars.

Joel Greenblatt owns 44,817 shares as of 6/30/2012, an increase of 705.63% from the previous quarter. This position accounts for 0.17% of the $1.36 billion portfolio of Gotham Capital.

MSCI, Inc. (MSCI, Financial): Down 22% Since Joel Greenblatt Bought in the Quarter Ended on 06-30-2012

Joel Greenblatt initiated holdings in computer services company MSCI, Inc. (MSCI) during the quarter ended 06/30/2012. His purchase prices were between $31.85 and $37.5, with an estimated average price of $34.32. Since then the prices of MSCI, Inc. shares have declined by 22% from the estimated average. Greenblatt owned 12,701 shares of as of 6/30/2012.

MSCI Inc. is a provider of investment decision support tools to investment institutions worldwide. MSCI, Inc. has a market cap of $3.35 billion; its shares were traded at $26.88 with a P/E ratio of 14.9 and P/S ratio of 3.7.

MSCI recently reported its second quarter 2012 financial results. Operating revenues increased 5.3% to $238.6 million in the second quarter 2012 and 4 % to $467.6 million for the first six months of 2012.

Greenblatt bought 12,701 shares in the quarter that ended on 6/30/2012, which is 0.032% of the $1.36 billion portfolio of Gotham Capital. PRIMECAP Management owns 309,500 shares as of 6/30/2012, an increase of 103.62% from the previous quarter. This position accounts for 0.018% of the $59.94 billion portfolio of PRIMECAP Management. Ron Baron owns 9,213,644 shares as of 6/30/2012, which accounts for 2% of the $15.83 billion portfolio of Baron Funds.

Head of Index Business C.D. Baer Pettit sold 72,276 shares of MSCI stock on 9/07/2012 at the average price of 36.61. Pettit owns at least 114,808 shares after this. The price of the stock has decreased by 26.58% since. Other insiders have also decreased their positions in the company.

Acme Packet, Inc. (APKT, Financial): Down 29% Since Ken Fisher Bought in the Quarter Ended on 6-30-2012

Ken Fisher initiated holdings in software company Acme Packet, Inc. (APKT) during the quarter ended 6/30/2012. His purchase prices were between $17.71 and $29.64, with an estimated average price of $24.5. Since then the prices of Acme Packet, Inc. shares have declined by 29% from the estimated average. Ken Fisher owned 206,475 shares of as of 6/30/2012.

Acme Packet, Inc. is engaged in providing session delivery networks that enables delivery of next-generation voice, video and unified communications over IP networks. Acme Packet, Inc. has a market cap of $1.16 billion; its shares were traded at around $17.43 with a P/E ratio of 141 and a P/S ratio of 3.8. Acme Packet, Inc. had an annual average earnings growth of 25.5% over the past 5 years.

APKT recently reported its third quarter 2012 financial results. Total revenue for the third quarter of 2012 was $65.3 million, compared to $70.6 million in the third quarter of 2011 and $67.6 million in the second quarter of 2012. GAAP net loss for the third quarter of 2012 was $5.5 million, or $(0.08) per share, compared to GAAP net income of $7.9 million, or $0.11 per share, in the third quarter of 2011 and GAAP net loss of $0.1 million, or $0 per share, in the second quarter of 2012.

Ken Fisher owns 206,800 shares as of 9/30/2012, which accounts for 0.0098% of the $36.13 billion portfolio of Fisher Asset Management, LLC.

Chief financial officer and treasurer Peter J. Minihane sold 15,000 shares of APKT stock on 5/14/2012 at the average price of $24.50. Minihane owns at least 1,672 shares after this. The price of the stock has decreased by 28.86% since. Other insiders have also decreased their positions in the company.

Rovi Corp. (ROVI, Financial): Down 41% Since Jim Simons Bought in the Quarter Ended on 6-30-2012

Jim Simons added to his holdings in software company Rovi Corp. (ROVI) by 480.62% during the quarter ended 6/30/2012. His purchase prices were between $19.49 and $33, with an estimated average price of $25.87. Since then the prices of Rovi Corp. shares have declined by 41% from the estimated average. Jim Simons owned 1,065,271 shares as of 06/30/2012.

Rovi Corp., formerly Macrovision Solutions Corp., provides a set of solutions that enable businesses to protect, enable and distribute their digital goods to consumers and allows consumers the ability to discover and manage digital media across multiple channels. Rovi Corp. has a market cap of $1.48 billion; its shares were traded at around $15.37 with a P/E ratio of 10.9 and a P/S ratio of 2.1. Rovi Corp. had an annual average earnings growth of 6.1% over the past 10 years. GuruFocus rated Rovi Corp the business predictability rank of 2.5 stars.

ROVI recently reported financial results for the third quarter ended 9-30-2012. The company reported GAAP revenues of $169.6 million, compared to $181.9 million for the third quarter of 2011. GAAP net loss was $13.3 million, compared to GAAP net income of $1.8 million for the third quarter of 2011.

Jean-Marie Eveillard owns 184 shares as of 6/30/2012, which accounts for less than 0.01% of the $25.72 billion portfolio of First Eagle Investment Management, LLC. PRIMECAP Management sold out his holdings in the quarter that ended on 6/30/2012.

President and CEO Tom Carson bought 15,000 shares of ROVI stock on 9/25/2012 at the average price of 15. Tom Carson owns at least 152,160 shares after this. The price of the stock has increased by 2.47% since. Other insiders have also decreased their positions in the company.