Weekly Guru Bargains Highlights: HAE, DLTR, QCOR, MTX, AMD

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Jan 21, 2013
According to GuruFocus updates, these stocks have declined the most since Gurus have bought.

Haemonetics Corp. (HAE, Financial): Down 42% Since Meridian Funds Bought in the Quarter Ended on 2012-09-30

Meridian Funds added to his holdings in Medical Equipment company Haemonetics Corp. by 21.86% during the quarter ended 09/30/2012. His purchase prices were between $68.61 and $81.4, with an estimated average price of $74.4. Since then the prices of Haemonetics Corp. shares have declined by 42% from the estimated average. Meridian Funds owned 177,300 shares of as of 09/30/2012.

Haemonetics Corp. was founded in 1971 and incorporated in Massachusetts in 1985. Haemonetics Corp. has a market cap of $2.24 billion; its shares were traded at around $43.38 with a P/E ratio of 42.8 and P/S ratio of 2.9. Haemonetics Corp. had an annual average earnings growth of 5.9% over the past 10 years.

HAE recently reported second quarter 2013 net revenue of $218.2 million, up 22%, GAAP net income of $6.5 million, down 53%, and diluted earnings per share of $0.25, down 53%.

Ken Fisher owns 131,465 shares as of 12/31/2012, an increase of 104.06% from the previous quarter. This position accounts for 0.015% of the $34.93 billion portfolio of Fisher Asset Management LLC. Meridian Funds owns 177,300 shares as of 09/30/2012, an increase of 21.86% from the previous quarter. This position accounts for 0.51% of the $2.79 billion portfolio of Meridian Fund. Third Avenue Management owns 168,722 shares as of 09/30/2012, a decrease of 49.31% of from the previous quarter. This position accounts for 0.31% of the $4.4 billion portfolio of Third Avenue Management.

President and CEO Brian Concannon sold 13,000 shares of HAE stock on 01/07/2013 at the average price of $41.47. Brian Concannon owns at least 116,286 shares after this. The price of the stock has increased by 4.61% since. Other insiders have also decreased their positions in the company.

Dollar Tree Stores Inc. (DLTR, Financial): Down 23% Since Meridian Funds Bought in the Quarter Ended on 2012-09-30

Meridian Funds initiated holdings in Specialty Retailers company Dollar Tree Stores Inc. during the quarter ended 09/30/2012. His purchase prices were between $46.07 and $54.29, with an estimated average price of $50.15. Since then the prices of Dollar Tree Stores, Inc. shares have declined by 23% from the estimated average. Meridian Funds owned 69,000 shares of as of 09/30/2012.

Dollar Tree Inc. was incorporated in the State of Virginia. Dollar Tree Stores Inc. has a market cap of $8.78 billion; its shares were traded at around $38.52 with a P/E ratio of 15.5 and P/S ratio of 1.3. Dollar Tree Stores Inc. had an annual average earnings growth of 16.2% over the past 10 years. GuruFocus rated Dollar Tree Stores Inc. the business predictability rank of 5-star.

Dollar Tree Stores recently reported its third quarter 2012 financial results. Consolidated net sales for the third quarter were $1.72 billion, a 7.8% increase compared to $1.60 billion reported for the quarter ended October 29, 2011. Comparable store sales increased 1.6%, on top of a 4.8% increase for the third quarter 2011.

Steve Mandel bought 3,892,021 shares in the quarter that ended on 09/30/2012, which is 1.2% of the $16.27 billion portfolio of Lone Pine Capital. Meridian Funds bought 69,000 shares in the quarter that ended on 09/30/2012, which is 0.12% of the $2.79 billion portfolio of Meridian Fund. Ray Dalio bought 150,146 shares in the quarter that ended on 09/30/2012, which is 0.098% of the $7.44 billion portfolio of Bridgewater Associates. Joel Greenblatt bought 12,000 shares in the quarter that ended on 09/30/2012, which is 0.039% of the $1.5 billion portfolio of Gotham Capital.

Director Conrad M. Hall bought 5,000 shares of DLTR stock on 11/16/2012 at the average price of $39.27. Conrad M. Hall owns at least 20,000 shares after this. The price of the stock has decreased by 1.91% since. Other insiders have also decreased their positions in the company.

Questcor Pharmaceuticals Inc. (QCOR, Financial): Down 38% Since Paul Tudor Jones Bought in the Quarter Ended on 2012-09-30

Paul Tudor Jones initiated holdings in Pharmaceuticals company Questcor Pharmaceuticals Inc. during the quarter ended 09/30/2012. His purchase prices were between $17.83 and $57.64, with an estimated average price of $41.37. Since then the prices of Questcor Pharmaceuticals Inc. shares have declined by 38% from the estimated average. Paul Tudor Jones owned 34,100 shares of as of 09/30/2012.

Questcor Pharmaceuticals Inc was incorporated in California in September 1992 as Cypros Pharmaceutical Corporation. Questcor Pharmaceuticals Inc. has a market cap of $1.49 billion; its shares were traded around $25.53 with a P/E ratio of 9.9 and P/S ratio of 3.9. The dividend yield of Questcor Pharmaceuticals Inc. stocks is 1.6%.

Questcor recently reported its third quarter 2012 financial results. GAAP earnings for the third quarter were $0.91 per diluted share, compared to $0.35 per diluted common share for last year's comparable quarter. Non-GAAP earnings for the quarter ended September 30, 2012 were $0.97 per diluted common share.

Joel Greenblatt bought 117,854 shares in the quarter that ended on 09/30/2012, which is 0.15% of the $1.5 billion portfolio of Gotham Capital. Ron Baron sold out his holdings in the quarter that ended on 09/30/2012.

President and CEO Don M. Bailey sold 60,000 shares of QCOR stock on 12/19/2012 at the average price of $30.15. Don M. Bailey owns at least 99,000 shares after this. The price of the stock has decreased by 15.32% since.

MTU Aero Engines Holding AG (MTX, Financial): Down 38% Since Mario Gabelli Bought in the Quarter Ended on 2012-09-30

Mario Gabelli added to his holdings in Commodity Chemicals company Minerals Technologies Inc. by 543.75% during the quarter ended 09/30/2012. His purchase prices were between $61 and $73.99, with an estimated average price of $66.8. Since then the prices of MTU Aero Engines Holding AG shares have declined by 38% from the estimated average. Mario Gabelli owned 51,500 shares of as of 09/30/2012.

Minerals Technologies Inc. or Minerals Tech is a resource- and technology-based company that develops, produces and markets worldwide a range of specialty mineral, mineral-based and synthetic mineral products and supporting systems and services. Minerals Technologies Inc. has a market cap of $1.46 billion; its shares were traded around $41.3 with a P/E ratio of 19.3 and P/S ratio of 1.4. The dividend yield of Minerals Technologies Inc. stocks is 0.3%. Minerals Technologies Inc. had an annual average earnings growth of 4.2% over the past five years.

Joel Greenblatt bought 3,018 shares in the quarter that ended on 09/30/2012, which is 0.014% of the $1.5 billion portfolio of Gotham Capital. Mario Gabelli owns 51,500 shares as of 09/30/2012, an increase of 543.75% from the previous quarter. This position accounts for 0.027% of the $13.78 billion portfolio of GAMCO Investors. Third Avenue Management owns 373,495 shares as of 09/30/2012, which accounts for 0.6% of the $4.4 billion portfolio of Third Avenue Management.

Director Barbara Smith bought 100 shares of MTX stock on 08/02/2012 at the average price of $61.88. Barbara Smith owns at least 200 shares after this. The price of the stock has decreased by 33.26% since. There are mixed trades from other insiders.

Advanced Micro Devices Inc. (AMD, Financial): Down 42% Since Paul Tudor Jones Bought in the Quarter Ended on 2012-09-30

Paul Tudor Jones added to his holdings in Semiconductors company Advanced Micro Devices Inc. by 108.87% during the quarter ended 09/30/2012. His purchase prices were between $3.29 and $6.03, with an estimated average price of $4.23. Since then the prices of Advanced Micro Devices Inc. shares have declined by 42% from the estimated average. Paul Tudor Jones owned 174,200 shares of as of 09/30/2012.

Advanced Micro Devices Inc. was incorporated under the laws of Delaware on May 1, 1969, and became a publicly held company in 1972. Advanced Micro Devices Inc, has a market cap of $1.74 billion; its shares were traded at around $2.46 with a P/E ratio of 12.9 and P/S ratio of 0.3.

Advanced Micro Devices recently announced revenue for the third quarter of 2012 of $1.27 billion, a net loss of $157 million, or $0.21 per share, and an operating loss of $131 million. The company reported a non-GAAP net loss of $150 million, or $0.20 per share, and a non-GAAP operating loss of $124 million.

John Burbank bought 68,877 shares in the quarter that ended on 09/30/2012, which is 0.011% of the $2.19 billion portfolio of Passport Capital. Ray Dalio sold out his holdings in the quarter that ended on 09/30/2012.

Senior Vice President GM Global Business Units Lisa T. Su bought 48,000 shares of AMD stock on 11/07/2012 at the average price of $2.05. Lisa T. Su owns at least 48,000 shares after this. The price of the stock has increased by 20% since. Other insiders have also decreased their positions in the company.