GuruFocus reports that these were the top five Guru Bargain companies of last week: CME Group Inc, Anadarko Petroleum Corp, United Parcel Service, Inc, Akamai Technologies Inc, and Kimco Realty Corp. Click here for more Guru bargains.
CME Group Inc. (CME, Financial): Down 52% Since John Keeley Bought In the Quarter Ended on 2008-09-30
John Keeley initiated holdings in Financial Services company CME Group Inc. during the quarter ended 09/30/2008. His purchase prices were between $305.43 and $405, with an estimated average price of $350. Since then the prices of CME Group Inc. shares have declined by -52% from the estimated average. John Keeley owned 1,500 shares of as of 09/30/2008.
Chicago Mercantile Exchange Holdings is the parent company of Chicago Mercantile Exchange Inc the largest futures exchange in the United States based on notional value trading volume and open interest. The company has a market cap of $12.61 billion; its shares were traded at around $168.74 with a P/E ratio of 10.6 and P/S ratio of 7.18. The dividend yield of CME Group Inc. stocks is 2.44%. CME Group Inc. had an annual average earning growth of 28.5% over the past 5 years.
CME Group Inc., will announce earnings for the fourth quarter and full year of 2008 before the financial markets open on Tuesday, February 3, 2009. The company has scheduled an investor conference call that day at 7:30 a.m. Central time.
Tom Gayner bought 13,770 shares in the quarter that ended on 09/30/2008, which is 0.33% of the $1.53 billion portfolio of Markel Gayner Asset Management Corp. George Soros owns 8,000 shares as of 09/30/2008, which accounts for 0.11% of the $3.84 billion portfolio of Soros Fund Management LLC. Ron Baron owns 608,549 shares as of 09/30/2008, which accounts for 1.47% of the $15.41 billion portfolio of Baron Funds.
Director Patrick B Lynch bought 5,890 shares of CME stock on 11/21/2008 at the average price of $169.65; the price of the stock has decreased by 0.54% since.
Anadarko Petroleum Corp. (APC, Financial): Down 37% Since Robert Olstein Bought In the Quarter Ended on 2008-09-30
Robert Olstein added to his holdings in Exploration & Production company Anadarko Petroleum Corp. by 124.3% during the quarter ended 09/30/2008. His purchase prices were between $52.73 and $70.47, with an estimated average price of $59.8. Since then the prices of Anadarko Petroleum Corp. shares have declined by -37% from the estimated average. Robert Olstein owned 264,000 shares of as of 09/30/2008.
Anadarko Petroleum Corporation is one of the world's largest independent oil and gas exploration and production companies. The company has a market cap of $18.61 billion; its shares were traded at around $37.88 with a P/E ratio of 7.3 and P/S ratio of 1.17. The dividend yield of Anadarko Petroleum Corp. stocks is 0.89%. Anadarko Petroleum Corp. had an annual average earning growth of 28% over the past 10 years. GuruFocus rated Anadarko Petroleum Corp. the business predictability rank of 3.5-star.
Anadarko Petroleum Corp recently reported its third quarter fiscal 2008 results. The company announced that its net income was $2.165 billion, or $4.64 per share. "As illustrated by the highlights above, our third-quarter performance was very strong," Anadarko Chairman and CEO Jim Hackett said. "At one point during the quarter, we achieved a daily record for sales volumes of 600,000 BOE. Following major back-to-back hurricanes, our employees and contractors throughout our operating regions performed in an extraordinary fashion to safely overcome the impacts of the storms - enabling us to achieve a 9-percent increase in overall reported sales volumes over third-quarter 2007 and, for the seventh consecutive quarter, meet or exceed our volume guidance."
Robert Olstein owns 264,000 shares as of 09/30/2008, an increase of 124.3% from the previous quarter. This position accounts for 1.6% of the $799 million portfolio of Olstein Financial Alert Fund. Carl Icahn owns 16,084,356 shares as of 09/30/2008, which accounts for 17.44% of the $4.47 billion portfolio of Icahn Capital Management LP. David Tepper owns 279,000 shares as of 09/30/2008, a decrease of 82.29% of from the previous quarter. This position accounts for 2.37% of the $572 million portfolio of APPALOOSA MANAGEMENT LP. Chris Davis, Ken Heebner, and Ronald Muhlenkamp all sold out thier holdings in the quarter that ended on 09/30/2008.
Director Luke R Corbett sold 550 shares of APC stock on 12/08/2008 at the average price of $39.28; the price of the stock has decreased by 3.56% since.
United Parcel Service, Inc. (UPS, Financial): Down 26% Since Brian Rogers Bought In the Quarter Ended on 2008-09-30
Brian Rogers added to his holdings in Delivery Services company United Parcel Service, Inc. by 66.67% during the quarter ended 09/30/2008. His purchase prices were between $57.58 and $68.6, with an estimated average price of $63.4. Since then the prices of United Parcel Service, Inc. shares have declined by -26% from the estimated average. Brian Rogers owned 2,500,000 shares of as of 09/30/2008.
United Parcel Service Inc. is the world's largest express carrier the world's largest package delivery company and a leading global provider of specialized transportation and logistics services. It has a market cap of $50.68 billion; its shares were traded at around $46.92 with a P/E ratio of 13 and P/S ratio of 1.02. The dividend yield of United Parcel Service, Inc. stocks is 3.53%. United Parcel Service, Inc. had an annual average earning growth of 17.2% over the past 5 years.
UPS recently reported its third quarter 2008 results. The company announced that its revenue was up about $0.9 billion compared to the third quarter 2007, although the company's operating profit was down slightly. The company's EPS was down 6 cents however, from $1.02 to 96 cents per share. "UPS managed the business well in this very tough economic climate," said Scott Davis, UPS's chairman and CEO. "We continue to see growth in our international and supply chain businesses while maintaining our focus on cost control and revenue management throughout our organization. UPS also is investing to ensure growth in the future so that the company will be even stronger when the global economy rebounds."
Brian Rogers owns 2,500,000 shares as of 09/30/2008, an increase of 66.67% from the previous quarter. This position accounts for 0.84% of the $13.49 billion portfolio of T Rowe Price Equity Income Fund. Arnold Van Den Berg owns 525,061 shares as of 09/30/2008, which accounts for 1.38% of the $2.39 billion portfolio of Century Management. Dodge & Cox sold out his holdings in the quarter that ended on 09/30/2008.
Legendary investor Warren Buffett owns 1,429,200 shares as of 09/30/2008, which accounts for 0.13% of the $69.89 billion portfolio of Berkshire Hathaway.
Senior Vice President Allen E Hill sold 6,500 shares of UPS stock on 01/16/2009 at the average price of $47.6; the price of the stock has decreased by 1.43% since.
Akamai Technologies Inc. (AKAM, Financial): Down 45% Since Joel Greenblatt Bought In the Quarter Ended on 2008-09-30
Joel Greenblatt initiated holdings in Internet company Akamai Technologies Inc. during the quarter ended 09/30/2008. His purchase prices were between $16.38 and $33.55, with an estimated average price of $24.4. Since then the prices of Akamai Technologies Inc. shares have declined by -45% from the estimated average. Joel Greenblatt owned 20,860 shares of as of 09/30/2008.
Akamai Technologies Inc. is the leading global service provider for accelerating content and business processes online. The company has a market cap of $2.56 billion; its shares were traded at around $13.4 with a P/E ratio of 11.8 and P/S ratio of 4.02.
Akamai Technologies recently reported its third quarter 2008 results. The company announced that its revenue grew to $197.3 million, up 22% from a year ago. GAAP net income was $33.4 million, up 37 percent year-over-year, or $0.18 per diluted share. Normalized net income* was $74.2 million, up 19 percent year-over-year, or $0.40 per diluted share."We delivered solid earnings and revenue growth in an increasingly difficult environment, and year-to-date we’ve generated a quarter of a billion dollars in cash flow from operations," said Paul Sagan, president and CEO of Akamai. "We continued to experience strong growth in our newer solutions, such as application performance services and dynamic site acceleration, and we’re excited about the introduction of Akamai’s Advertising Decision Solutions product line complemented by the announcement of the pending acquisition of acerno."
Joel Greenblatt bought 20,860 shares in the quarter that ended on 09/30/2008, which is 0.57% of the $63 million portfolio of Gotham Capital. PRIMECAP Management owns 861,300 shares as of 09/30/2008, which accounts for 0.03% of the $55.92 billion portfolio of PRIMECAP Management. Mark Hillman owns 1,413,177 shares as of 09/30/2008, a decrease of 21.95% of from the previous quarter.
Executive Chairman, Director George H Conrades bought 19,414 shares of AKAM stock on 12/16/2008 at the average price of $14.35; the price of the stock has decreased by 6.62% since.
Kimco Realty Corp. (KIM, Financial): Down 57% Since Kenneth Fisher Bought In the Quarter Ended on 2008-09-30
Kenneth Fisher initiated holdings in Real Estate Holding & Development company Kimco Realty Corp. during the quarter ended 09/30/2008. His purchase prices were between $32.23 and $42.44, with an estimated average price of $36.2. Since then the prices of Kimco Realty Corp. shares have declined by -57% from the estimated average. Kenneth Fisher owned 5,500 shares of as of 09/30/2008.
Kimco Realty Corp. together with its subsidiaries is a self-administered real estate investment trust and is one of the nation's largest owners and operators of neighborhood and community shopping centers. The company has a market cap of $4.74 billion; its shares were traded at around $15.61 with a P/E ratio of 6.5 and P/S ratio of 6.95. The dividend yield of Kimco Realty Corp. stocks is 9.83%. Kimco Realty Corp. had an annual average earning growth of 1.6% over the past 10 years.
George Soros bought 55,600 shares in the quarter that ended on 09/30/2008, which is 0.07% of the $3.84 billion portfolio of Soros Fund Management LLC. Ken Heebner owns 3,260,000 shares as of 09/30/2008, which accounts for 1.07% of the $11.29 billion portfolio of CAPITAL GROWTH MANAGEMENT LP. Chris Davis sold out his holdings in the quarter that ended on 09/30/2008.
Chairman & CEO, Director Milton Cooper sold 178,128 shares of KIM stock on 09/22/2008 at the average price of $40.55; the price of the stock has decreased by 61.5% since.
CME Group Inc. (CME, Financial): Down 52% Since John Keeley Bought In the Quarter Ended on 2008-09-30
John Keeley initiated holdings in Financial Services company CME Group Inc. during the quarter ended 09/30/2008. His purchase prices were between $305.43 and $405, with an estimated average price of $350. Since then the prices of CME Group Inc. shares have declined by -52% from the estimated average. John Keeley owned 1,500 shares of as of 09/30/2008.
Chicago Mercantile Exchange Holdings is the parent company of Chicago Mercantile Exchange Inc the largest futures exchange in the United States based on notional value trading volume and open interest. The company has a market cap of $12.61 billion; its shares were traded at around $168.74 with a P/E ratio of 10.6 and P/S ratio of 7.18. The dividend yield of CME Group Inc. stocks is 2.44%. CME Group Inc. had an annual average earning growth of 28.5% over the past 5 years.
CME Group Inc., will announce earnings for the fourth quarter and full year of 2008 before the financial markets open on Tuesday, February 3, 2009. The company has scheduled an investor conference call that day at 7:30 a.m. Central time.
Tom Gayner bought 13,770 shares in the quarter that ended on 09/30/2008, which is 0.33% of the $1.53 billion portfolio of Markel Gayner Asset Management Corp. George Soros owns 8,000 shares as of 09/30/2008, which accounts for 0.11% of the $3.84 billion portfolio of Soros Fund Management LLC. Ron Baron owns 608,549 shares as of 09/30/2008, which accounts for 1.47% of the $15.41 billion portfolio of Baron Funds.
Director Patrick B Lynch bought 5,890 shares of CME stock on 11/21/2008 at the average price of $169.65; the price of the stock has decreased by 0.54% since.
Anadarko Petroleum Corp. (APC, Financial): Down 37% Since Robert Olstein Bought In the Quarter Ended on 2008-09-30
Robert Olstein added to his holdings in Exploration & Production company Anadarko Petroleum Corp. by 124.3% during the quarter ended 09/30/2008. His purchase prices were between $52.73 and $70.47, with an estimated average price of $59.8. Since then the prices of Anadarko Petroleum Corp. shares have declined by -37% from the estimated average. Robert Olstein owned 264,000 shares of as of 09/30/2008.
Anadarko Petroleum Corporation is one of the world's largest independent oil and gas exploration and production companies. The company has a market cap of $18.61 billion; its shares were traded at around $37.88 with a P/E ratio of 7.3 and P/S ratio of 1.17. The dividend yield of Anadarko Petroleum Corp. stocks is 0.89%. Anadarko Petroleum Corp. had an annual average earning growth of 28% over the past 10 years. GuruFocus rated Anadarko Petroleum Corp. the business predictability rank of 3.5-star.
Anadarko Petroleum Corp recently reported its third quarter fiscal 2008 results. The company announced that its net income was $2.165 billion, or $4.64 per share. "As illustrated by the highlights above, our third-quarter performance was very strong," Anadarko Chairman and CEO Jim Hackett said. "At one point during the quarter, we achieved a daily record for sales volumes of 600,000 BOE. Following major back-to-back hurricanes, our employees and contractors throughout our operating regions performed in an extraordinary fashion to safely overcome the impacts of the storms - enabling us to achieve a 9-percent increase in overall reported sales volumes over third-quarter 2007 and, for the seventh consecutive quarter, meet or exceed our volume guidance."
Robert Olstein owns 264,000 shares as of 09/30/2008, an increase of 124.3% from the previous quarter. This position accounts for 1.6% of the $799 million portfolio of Olstein Financial Alert Fund. Carl Icahn owns 16,084,356 shares as of 09/30/2008, which accounts for 17.44% of the $4.47 billion portfolio of Icahn Capital Management LP. David Tepper owns 279,000 shares as of 09/30/2008, a decrease of 82.29% of from the previous quarter. This position accounts for 2.37% of the $572 million portfolio of APPALOOSA MANAGEMENT LP. Chris Davis, Ken Heebner, and Ronald Muhlenkamp all sold out thier holdings in the quarter that ended on 09/30/2008.
Director Luke R Corbett sold 550 shares of APC stock on 12/08/2008 at the average price of $39.28; the price of the stock has decreased by 3.56% since.
United Parcel Service, Inc. (UPS, Financial): Down 26% Since Brian Rogers Bought In the Quarter Ended on 2008-09-30
Brian Rogers added to his holdings in Delivery Services company United Parcel Service, Inc. by 66.67% during the quarter ended 09/30/2008. His purchase prices were between $57.58 and $68.6, with an estimated average price of $63.4. Since then the prices of United Parcel Service, Inc. shares have declined by -26% from the estimated average. Brian Rogers owned 2,500,000 shares of as of 09/30/2008.
United Parcel Service Inc. is the world's largest express carrier the world's largest package delivery company and a leading global provider of specialized transportation and logistics services. It has a market cap of $50.68 billion; its shares were traded at around $46.92 with a P/E ratio of 13 and P/S ratio of 1.02. The dividend yield of United Parcel Service, Inc. stocks is 3.53%. United Parcel Service, Inc. had an annual average earning growth of 17.2% over the past 5 years.
UPS recently reported its third quarter 2008 results. The company announced that its revenue was up about $0.9 billion compared to the third quarter 2007, although the company's operating profit was down slightly. The company's EPS was down 6 cents however, from $1.02 to 96 cents per share. "UPS managed the business well in this very tough economic climate," said Scott Davis, UPS's chairman and CEO. "We continue to see growth in our international and supply chain businesses while maintaining our focus on cost control and revenue management throughout our organization. UPS also is investing to ensure growth in the future so that the company will be even stronger when the global economy rebounds."
Brian Rogers owns 2,500,000 shares as of 09/30/2008, an increase of 66.67% from the previous quarter. This position accounts for 0.84% of the $13.49 billion portfolio of T Rowe Price Equity Income Fund. Arnold Van Den Berg owns 525,061 shares as of 09/30/2008, which accounts for 1.38% of the $2.39 billion portfolio of Century Management. Dodge & Cox sold out his holdings in the quarter that ended on 09/30/2008.
Legendary investor Warren Buffett owns 1,429,200 shares as of 09/30/2008, which accounts for 0.13% of the $69.89 billion portfolio of Berkshire Hathaway.
Senior Vice President Allen E Hill sold 6,500 shares of UPS stock on 01/16/2009 at the average price of $47.6; the price of the stock has decreased by 1.43% since.
Akamai Technologies Inc. (AKAM, Financial): Down 45% Since Joel Greenblatt Bought In the Quarter Ended on 2008-09-30
Joel Greenblatt initiated holdings in Internet company Akamai Technologies Inc. during the quarter ended 09/30/2008. His purchase prices were between $16.38 and $33.55, with an estimated average price of $24.4. Since then the prices of Akamai Technologies Inc. shares have declined by -45% from the estimated average. Joel Greenblatt owned 20,860 shares of as of 09/30/2008.
Akamai Technologies Inc. is the leading global service provider for accelerating content and business processes online. The company has a market cap of $2.56 billion; its shares were traded at around $13.4 with a P/E ratio of 11.8 and P/S ratio of 4.02.
Akamai Technologies recently reported its third quarter 2008 results. The company announced that its revenue grew to $197.3 million, up 22% from a year ago. GAAP net income was $33.4 million, up 37 percent year-over-year, or $0.18 per diluted share. Normalized net income* was $74.2 million, up 19 percent year-over-year, or $0.40 per diluted share."We delivered solid earnings and revenue growth in an increasingly difficult environment, and year-to-date we’ve generated a quarter of a billion dollars in cash flow from operations," said Paul Sagan, president and CEO of Akamai. "We continued to experience strong growth in our newer solutions, such as application performance services and dynamic site acceleration, and we’re excited about the introduction of Akamai’s Advertising Decision Solutions product line complemented by the announcement of the pending acquisition of acerno."
Joel Greenblatt bought 20,860 shares in the quarter that ended on 09/30/2008, which is 0.57% of the $63 million portfolio of Gotham Capital. PRIMECAP Management owns 861,300 shares as of 09/30/2008, which accounts for 0.03% of the $55.92 billion portfolio of PRIMECAP Management. Mark Hillman owns 1,413,177 shares as of 09/30/2008, a decrease of 21.95% of from the previous quarter.
Executive Chairman, Director George H Conrades bought 19,414 shares of AKAM stock on 12/16/2008 at the average price of $14.35; the price of the stock has decreased by 6.62% since.
Kimco Realty Corp. (KIM, Financial): Down 57% Since Kenneth Fisher Bought In the Quarter Ended on 2008-09-30
Kenneth Fisher initiated holdings in Real Estate Holding & Development company Kimco Realty Corp. during the quarter ended 09/30/2008. His purchase prices were between $32.23 and $42.44, with an estimated average price of $36.2. Since then the prices of Kimco Realty Corp. shares have declined by -57% from the estimated average. Kenneth Fisher owned 5,500 shares of as of 09/30/2008.
Kimco Realty Corp. together with its subsidiaries is a self-administered real estate investment trust and is one of the nation's largest owners and operators of neighborhood and community shopping centers. The company has a market cap of $4.74 billion; its shares were traded at around $15.61 with a P/E ratio of 6.5 and P/S ratio of 6.95. The dividend yield of Kimco Realty Corp. stocks is 9.83%. Kimco Realty Corp. had an annual average earning growth of 1.6% over the past 10 years.
George Soros bought 55,600 shares in the quarter that ended on 09/30/2008, which is 0.07% of the $3.84 billion portfolio of Soros Fund Management LLC. Ken Heebner owns 3,260,000 shares as of 09/30/2008, which accounts for 1.07% of the $11.29 billion portfolio of CAPITAL GROWTH MANAGEMENT LP. Chris Davis sold out his holdings in the quarter that ended on 09/30/2008.
Chairman & CEO, Director Milton Cooper sold 178,128 shares of KIM stock on 09/22/2008 at the average price of $40.55; the price of the stock has decreased by 61.5% since.
