Guru bargains can be a great place to find good companies to buy at lower prices than the Gurus have paid. This the highlight.
Harman International Industries Inc. (HAR, Financial): Down 12% Since Brian Rogers Bought In the Quarter Ended on 2008-03-31
Brian Rogers initiated holdings in Harman International Industries Inc. during the quarter ended 03/31/2008 . The stock prices have declined by more than 12% since then.
Harman International engages in the development of audio products and electronic systems worldwide. It is currently one of the worst performing companies in the consumer goods industry. The company says that its 2009 operating profit is expected to be even lower than 2008s. The company has a market cap of $2.52 billion, a P/E ratio of 10.66, a P/S ratio of 0.65, and a dividend yield of 0.1%.
Brian Rogers bought 750,000 shares in the quarter that ended on 03/31/2008 . Kenneth Fisher owns 34,283 shares as of 12/31/2007 .
Director Edward H Meyer sold 13,000 shares of HAR stock on 11/08/2007 at the average price of $77.38; the price of the stock has decreased by 46.27% since.
CIT Group Inc. (CIT, Financial): Down 56% Since Martin Whitman Bought In the Quarter Ended on 2008-01-31
Financial stocks continue to be volatile. Many of them are fluctuating around their lows. CIT Group, Inc, has been down more than 50% since legendary investor Marty Whitman bought in the 3-month ended on Jan. 31, 2008.
CIT provides financial products and services worldwide. The company has a market cap of $2.29 billion; its shares were traded at around $12.92 with P/S ratio of 0.67. The dividend yield of CIT Group Inc. stocks is 3.7%.
Martin Whitman added to his holdings in CIT Group Inc. by 80% during the quarter ended 01/31/2008 . His firm Third Avenue Management owns 3,641,993 shares as of 12/31/2007 , an increase of 635.52% from the previous quarter. Bill Miller owns 6,000,000 shares as of 12/31/2007 , an increase of 63.84% from the previous quarter. David Dreman owns 4,070,812 shares as of 12/31/2007 .
Chairman and CEO, Director Jeffrey M Peek bought 5,000 shares of CIT stock on 11/23/2007 at the average price of $27.39; the price of the stock has decreased by 56.22% since.
Whirlpool Corp. (WHR, Financial): Down 12% Since Brian Rogers Bought In the Quarter Ended on 2008-03-31
Household stocks mostly rose at of last week, caused by more consumer spending and less than expected shrinking of manufacturing. Still, Whirlpool Corp. is down about 10% since Brian Rogers bought in the last quarter.
Whirlpool Corporation engages in the manufacture and marketing of home appliances worldwide. Its principal products include laundry appliances, refrigerators, cooking appliances, dishwashers, and mixers and other small household appliances. Whirlpool Corp. has a market cap of $5.63 billion; the company has a P/E ratio of 9.63 and P/S ratio of 0.28. The dividend yield of Whirlpool Corp. stocks is 2.3%.
Brian Rogers added to his holdings in Whirlpool Corp by 115.52% during the quarter ended 03/31/2008 . He owned 1,500,000 shares of as of 03/31/2008 . Jean-Marie Eveillard owns 121,830 shares as of 12/31/2007 , an increase of 148.13% from the previous quarter. Ronald Muhlenkamp owns 882,572 shares as of 12/31/2007 , which accounts for 3.95% of the $1.82 billion portfolio of Muhlenkamp Fund.
Director Michael F Johnston bought 2,000 shares of WHR stock on 11/13/2007 at the average price of $79.68; the price of the stock has decreased by 5.9% since.
Motorola Inc. (MOT, Financial): Down 12% Since Brian Rogers Bought In the Quarter Ended on 2008-03-31
Brian Rogers added to his holdings in Telecom Equipment Company Motorola Inc. by 26.8% during the quarter ended 03/31/2008 . Since then the prices of Motorola are down by more than 12%. Motorola, Inc. provides technologies, products, and services for mobile communications. The company has a market cap of $22.73 billion; its shares were traded at around $10.03 with P/S ratio of 0.65. The dividend yield of Motorola Inc. stocks is 2.2%.
Mark Hillman owns 3,131,694 shares as of 12/31/2007 , an increase of 66.74% from the previous quarter. Carl Icahn owns 60,466,400 shares as of 12/31/2007 , which accounts for 20.09% of the $4.83 billion portfolio of Icahn Capital Management LP. George Soros owns 21,017 shares as of 12/31/2007 , a decrease of 58.46% of from the previous quarter. Jean-Marie Eveillard sold out his holdings in the quarter that ended on 12/31/2007 .
Activist investor Icahn has been pushing for a break up of Motorola.
Exec. VP, Chief Tech Officer Padmasree Warrior sold 15,485 shares of MOT stock on 11/20/2007 at the average price of $16.05.
Harman International Industries Inc. (HAR, Financial): Down 12% Since Brian Rogers Bought In the Quarter Ended on 2008-03-31
Brian Rogers initiated holdings in Harman International Industries Inc. during the quarter ended 03/31/2008 . The stock prices have declined by more than 12% since then.
Harman International engages in the development of audio products and electronic systems worldwide. It is currently one of the worst performing companies in the consumer goods industry. The company says that its 2009 operating profit is expected to be even lower than 2008s. The company has a market cap of $2.52 billion, a P/E ratio of 10.66, a P/S ratio of 0.65, and a dividend yield of 0.1%.
Brian Rogers bought 750,000 shares in the quarter that ended on 03/31/2008 . Kenneth Fisher owns 34,283 shares as of 12/31/2007 .
Director Edward H Meyer sold 13,000 shares of HAR stock on 11/08/2007 at the average price of $77.38; the price of the stock has decreased by 46.27% since.
CIT Group Inc. (CIT, Financial): Down 56% Since Martin Whitman Bought In the Quarter Ended on 2008-01-31
Financial stocks continue to be volatile. Many of them are fluctuating around their lows. CIT Group, Inc, has been down more than 50% since legendary investor Marty Whitman bought in the 3-month ended on Jan. 31, 2008.
CIT provides financial products and services worldwide. The company has a market cap of $2.29 billion; its shares were traded at around $12.92 with P/S ratio of 0.67. The dividend yield of CIT Group Inc. stocks is 3.7%.
Martin Whitman added to his holdings in CIT Group Inc. by 80% during the quarter ended 01/31/2008 . His firm Third Avenue Management owns 3,641,993 shares as of 12/31/2007 , an increase of 635.52% from the previous quarter. Bill Miller owns 6,000,000 shares as of 12/31/2007 , an increase of 63.84% from the previous quarter. David Dreman owns 4,070,812 shares as of 12/31/2007 .
Chairman and CEO, Director Jeffrey M Peek bought 5,000 shares of CIT stock on 11/23/2007 at the average price of $27.39; the price of the stock has decreased by 56.22% since.
Whirlpool Corp. (WHR, Financial): Down 12% Since Brian Rogers Bought In the Quarter Ended on 2008-03-31
Household stocks mostly rose at of last week, caused by more consumer spending and less than expected shrinking of manufacturing. Still, Whirlpool Corp. is down about 10% since Brian Rogers bought in the last quarter.
Whirlpool Corporation engages in the manufacture and marketing of home appliances worldwide. Its principal products include laundry appliances, refrigerators, cooking appliances, dishwashers, and mixers and other small household appliances. Whirlpool Corp. has a market cap of $5.63 billion; the company has a P/E ratio of 9.63 and P/S ratio of 0.28. The dividend yield of Whirlpool Corp. stocks is 2.3%.
Brian Rogers added to his holdings in Whirlpool Corp by 115.52% during the quarter ended 03/31/2008 . He owned 1,500,000 shares of as of 03/31/2008 . Jean-Marie Eveillard owns 121,830 shares as of 12/31/2007 , an increase of 148.13% from the previous quarter. Ronald Muhlenkamp owns 882,572 shares as of 12/31/2007 , which accounts for 3.95% of the $1.82 billion portfolio of Muhlenkamp Fund.
Director Michael F Johnston bought 2,000 shares of WHR stock on 11/13/2007 at the average price of $79.68; the price of the stock has decreased by 5.9% since.
Motorola Inc. (MOT, Financial): Down 12% Since Brian Rogers Bought In the Quarter Ended on 2008-03-31
Brian Rogers added to his holdings in Telecom Equipment Company Motorola Inc. by 26.8% during the quarter ended 03/31/2008 . Since then the prices of Motorola are down by more than 12%. Motorola, Inc. provides technologies, products, and services for mobile communications. The company has a market cap of $22.73 billion; its shares were traded at around $10.03 with P/S ratio of 0.65. The dividend yield of Motorola Inc. stocks is 2.2%.
Mark Hillman owns 3,131,694 shares as of 12/31/2007 , an increase of 66.74% from the previous quarter. Carl Icahn owns 60,466,400 shares as of 12/31/2007 , which accounts for 20.09% of the $4.83 billion portfolio of Icahn Capital Management LP. George Soros owns 21,017 shares as of 12/31/2007 , a decrease of 58.46% of from the previous quarter. Jean-Marie Eveillard sold out his holdings in the quarter that ended on 12/31/2007 .
Activist investor Icahn has been pushing for a break up of Motorola.
Exec. VP, Chief Tech Officer Padmasree Warrior sold 15,485 shares of MOT stock on 11/20/2007 at the average price of $16.05.
