GuruFocus Reports that last week's top five guru bargain companies were Select Sector SPDRFinancial, Devon Energy Corp, Caterpillar Inc, Harley Davidson Inc, and Seagate Technology. According to GuruFocus updates, these stocks have declined the most since Gurus have bought.
Select Sector SPDRFinancial (XLF, Financial): Down 43% Since David Dreman Bought In the Quarter Ended on 2008-12-31
David Dreman initiated holdings in Nonequity Investment Instruments company Select Sector SPDRFinancial during the quarter ended 12/31/2008. He owned 110,705 shares of as of 12/31/2008. Select Sector SPDRFinancial has a market cap of $1.78 billion; its shares were traded at around $7.44 . The dividend yield of Select Sector SPDRFinancial stocks is 3.8%.
Richard Snow bought 308,100 shares in the quarter that ended on 12/31/2008. Jean-Marie Eveillard owns 10,000 shares as of 12/31/2008, an increase of 29.87% from the previous quarter. Richard Perry sold out his holdings in the quarter that ended on 12/31/2008. John Keeley sold out his holdings in the quarter that ended on 12/31/2008.
Devon Energy Corp. (DVN, Financial): Down 31% Since Wallace Weitz Bought In the Quarter Ended on 2008-12-31
Wallace Weitz initiated holdings in Exploration & Production company Devon Energy Corp. during the quarter ended 12/31/2008. He owned 2,300 shares of as of 12/31/2008. Devon Energy Corporation is an independent energy company engaged primarily in oil and gas exploration development and production and in the acquisition of producing properties. The company has a market cap of $25.9 billion; its shares were traded at around $47.89 with a P/E ratio of 5.4 and P/S ratio of 1.7. The dividend yield of Devon Energy Corp. stocks is 1.1%. Devon Energy Corp. had an annual average earning growth of 18.1% over the past 10 years. GuruFocus rated Devon Energy Corp. the business predictability rank of 4.5-star.
DVN recently reported its full year 2008 results. The company announced that it had a loss of $4.85 per common share, while in 2007, the company gained $8.08 per common share. The company reported 2008 Earnings of $9.91 per Share excluding items not estimated by analysts.
Tweedy Browne bought 384,065 shares in the quarter that ended on 12/31/2008, which is 1.57% of the $1.61 billion portfolio of Tweedy Browne CO LLC. Wallace Weitz bought 2,300 shares in the quarter that ended on 12/31/2008, which is 0.01% of the $1.61 billion portfolio of Weitz Wallace R & Co. Kenneth Fisher owns 5,046,931 shares as of 09/30/2008, which accounts for 1.46% of the $31.63 billion portfolio of Fisher Asset Management, LLC. Jean-Marie Eveillard owns 372,080 shares as of 12/31/2008, a decrease of 22.23% of from the previous quarter. Ronald Muhlenkamp sold out his holdings in the quarter that ended on 12/31/2008.
Director David A Hager bought 12,000 shares of DVN stock on 10/10/2008 at the average price of $60.58; the price of the stock has decreased by 20.95% since.
Caterpillar Inc. (CAT, Financial): Down 31% Since John Hussman Bought In the Quarter Ended on 2008-12-31
John Hussman initiated holdings in Commercial Vehicles & Trucks company Caterpillar Inc. during the quarter ended 12/31/2008. He owned 250,000 shares of as of 12/31/2008. Caterpillar Inc is the world's largest manufacturer of construction and mining equipment diesel and natural gas engines and industrial gas turbines. The company has a market cap of $20.08 billion; its shares were traded at around $26.66 with a P/E ratio of 5 and P/S ratio of 0.39. The dividend yield of Caterpillar Inc. stocks is 5.05%. Caterpillar Inc. had an annual average earning growth of 11.2% over the past 10 years.
CAT recently reported its fourth quarter results for 2008, although the company's annual report has not been released yet. The company reported record sales of $51.324 billion for 2008, up 14% compared to the fourth quarter of 2007. Profit per share was $5.66, up 5 percent and profit after tax of $3.557 billion was about flat with 2007.
David Dreman bought 1,096,260 shares in the quarter that ended on 12/31/2008, which is 0.63% of the $7.73 billion portfolio of Dreman Value Management. Ruane Cunniff owns 2,500,061 shares as of 12/31/2008, an increase of 172.72% from the previous quarter.Tom Gayner owns 205,500 shares as of 12/31/2008, which accounts for 0.82% of the $1.13 billion portfolio of Markel Gayner Asset Management Corp.
Director Daniel M Dickinson bought 3,037 shares of CAT stock on 02/06/2009 at the average price of $33; the price of the stock has decreased by 19.21% since.
Harley Davidson Inc. (HOG, Financial): Down 43% Since Mark Hillman Bought In the Quarter Ended on 2008-12-31
Mark Hillman added to his holdings in Recreational Products company Harley Davidson Inc. by 37.6% during the quarter ended 12/31/2008. He owned 42,606 shares of as of 12/31/2008. Harley- Davidson is an American motorcycle manufacturer. The company operates in two segments: Motorcycles and Related Products and Financial Services. The company has a market cap of $3.36 billion; its shares were traded at around $10.82 with a P/E ratio of 4.6 and P/S ratio of 0.6. The dividend yield of Harley Davidson Inc. stocks is 9.15%. Harley Davidson Inc. had an annual average earning growth of 20.6% over the past 10 years. GuruFocus rated Harley Davidson Inc. the business predictability rank of 4-star.
HarleyDavison Inc. recently reported its 2008 results. The company announced that it generated a Full-Year Profit of $654.7 Million. Its Fourth Quarter Revenue, Net Income and EPS also declined. Revenue for the fourth quarter was 1.29 billion compared to 1.39 billion in the fourth quarter of 2007.
Mark Hillman owns 42,606 shares as of 12/31/2008, an increase of 37.6% from the previous quarter. Sarah Ketterer owns 34,788 shares as of 12/31/2008, which accounts for 0.63% of the $93 million portfolio of CAUSEWAY CAPITAL MANAGEMENT LLC. Michael Price owns 10,000 shares as of 12/31/2008, a decrease of 93.33% of from the previous quarter. Robert Olstein sold out his holdings in the quarter that ended on 12/31/2008. David Dreman sold out his holdings in the quarter that ended on 12/31/2008.
Director Barry K Allen bought 6,500 shares of HOG stock on 11/17/2008 at the average price of $15.19; the price of the stock has decreased by 28.77% since.
Seagate Technology (STX, Financial): Down 26% Since Charles Brandes Bought In the Quarter Ended on 2008-12-31
Charles Brandes initiated holdings in Computer Hardware company Seagate Technology during the quarter ended 12/31/2008. He owned 1,966,738 shares of as of 12/31/2008. Seagate Technology is the worldwide leader in the design manufacture and marketing of hard disc drives providing products for a wide-range of applications including Enterprise Desktop Mobile Computing Consumer Electronics and Branded Solutions. The company has a market cap of $2.2 billion; its shares were traded at around $4.19 with a P/E ratio of 3.6 and P/S ratio of 0.17. The dividend yield of Seagate Technology stocks is 2.66%. Seagate Technology had an annual average earning growth of 21.1% over the past 5 years.
Seagate Technology recently reported its second quarter 2009 results. The company said that it had 37 million disk drive unit shipments, a revenue of $2.3 billion, a net loss of $496 million, and anet loss per share of $1.02 for the quarter ended January 2, 2009. The fiscal second quarter of the company ended on January 2, 2009.
Charles Brandes bought 1,966,738 shares in the quarter that ended on 12/31/2008, which is 0.04% of the $20.68 billion portfolio of Brandes Investment. Arnold Van Den Berg owns 2,173,178 shares as of 12/31/2008, which accounts for 0.56% of the $1.73 billion portfolio of Century Management. Joel Greenblatt sold out his holdings in the quarter that ended on 12/31/2008. David Dreman sold out his holdings in the quarter that ended on 12/31/2008. Richard Aster Jr sold out his holdings in the quarter that ended on 12/31/2008. John Hussman sold out his holdings in the quarter that ended on 12/31/2008.
Chairman, President and CEO, Director Stephen J Luczo bought 500,000 shares of STX stock on 02/12/2009 at the average price of $4.45; the price of the stock has decreased by 5.84% since.
Select Sector SPDRFinancial (XLF, Financial): Down 43% Since David Dreman Bought In the Quarter Ended on 2008-12-31
David Dreman initiated holdings in Nonequity Investment Instruments company Select Sector SPDRFinancial during the quarter ended 12/31/2008. He owned 110,705 shares of as of 12/31/2008. Select Sector SPDRFinancial has a market cap of $1.78 billion; its shares were traded at around $7.44 . The dividend yield of Select Sector SPDRFinancial stocks is 3.8%.
Richard Snow bought 308,100 shares in the quarter that ended on 12/31/2008. Jean-Marie Eveillard owns 10,000 shares as of 12/31/2008, an increase of 29.87% from the previous quarter. Richard Perry sold out his holdings in the quarter that ended on 12/31/2008. John Keeley sold out his holdings in the quarter that ended on 12/31/2008.
Devon Energy Corp. (DVN, Financial): Down 31% Since Wallace Weitz Bought In the Quarter Ended on 2008-12-31
Wallace Weitz initiated holdings in Exploration & Production company Devon Energy Corp. during the quarter ended 12/31/2008. He owned 2,300 shares of as of 12/31/2008. Devon Energy Corporation is an independent energy company engaged primarily in oil and gas exploration development and production and in the acquisition of producing properties. The company has a market cap of $25.9 billion; its shares were traded at around $47.89 with a P/E ratio of 5.4 and P/S ratio of 1.7. The dividend yield of Devon Energy Corp. stocks is 1.1%. Devon Energy Corp. had an annual average earning growth of 18.1% over the past 10 years. GuruFocus rated Devon Energy Corp. the business predictability rank of 4.5-star.
DVN recently reported its full year 2008 results. The company announced that it had a loss of $4.85 per common share, while in 2007, the company gained $8.08 per common share. The company reported 2008 Earnings of $9.91 per Share excluding items not estimated by analysts.
Tweedy Browne bought 384,065 shares in the quarter that ended on 12/31/2008, which is 1.57% of the $1.61 billion portfolio of Tweedy Browne CO LLC. Wallace Weitz bought 2,300 shares in the quarter that ended on 12/31/2008, which is 0.01% of the $1.61 billion portfolio of Weitz Wallace R & Co. Kenneth Fisher owns 5,046,931 shares as of 09/30/2008, which accounts for 1.46% of the $31.63 billion portfolio of Fisher Asset Management, LLC. Jean-Marie Eveillard owns 372,080 shares as of 12/31/2008, a decrease of 22.23% of from the previous quarter. Ronald Muhlenkamp sold out his holdings in the quarter that ended on 12/31/2008.
Director David A Hager bought 12,000 shares of DVN stock on 10/10/2008 at the average price of $60.58; the price of the stock has decreased by 20.95% since.
Caterpillar Inc. (CAT, Financial): Down 31% Since John Hussman Bought In the Quarter Ended on 2008-12-31
John Hussman initiated holdings in Commercial Vehicles & Trucks company Caterpillar Inc. during the quarter ended 12/31/2008. He owned 250,000 shares of as of 12/31/2008. Caterpillar Inc is the world's largest manufacturer of construction and mining equipment diesel and natural gas engines and industrial gas turbines. The company has a market cap of $20.08 billion; its shares were traded at around $26.66 with a P/E ratio of 5 and P/S ratio of 0.39. The dividend yield of Caterpillar Inc. stocks is 5.05%. Caterpillar Inc. had an annual average earning growth of 11.2% over the past 10 years.
CAT recently reported its fourth quarter results for 2008, although the company's annual report has not been released yet. The company reported record sales of $51.324 billion for 2008, up 14% compared to the fourth quarter of 2007. Profit per share was $5.66, up 5 percent and profit after tax of $3.557 billion was about flat with 2007.
David Dreman bought 1,096,260 shares in the quarter that ended on 12/31/2008, which is 0.63% of the $7.73 billion portfolio of Dreman Value Management. Ruane Cunniff owns 2,500,061 shares as of 12/31/2008, an increase of 172.72% from the previous quarter.Tom Gayner owns 205,500 shares as of 12/31/2008, which accounts for 0.82% of the $1.13 billion portfolio of Markel Gayner Asset Management Corp.
Director Daniel M Dickinson bought 3,037 shares of CAT stock on 02/06/2009 at the average price of $33; the price of the stock has decreased by 19.21% since.
Harley Davidson Inc. (HOG, Financial): Down 43% Since Mark Hillman Bought In the Quarter Ended on 2008-12-31
Mark Hillman added to his holdings in Recreational Products company Harley Davidson Inc. by 37.6% during the quarter ended 12/31/2008. He owned 42,606 shares of as of 12/31/2008. Harley- Davidson is an American motorcycle manufacturer. The company operates in two segments: Motorcycles and Related Products and Financial Services. The company has a market cap of $3.36 billion; its shares were traded at around $10.82 with a P/E ratio of 4.6 and P/S ratio of 0.6. The dividend yield of Harley Davidson Inc. stocks is 9.15%. Harley Davidson Inc. had an annual average earning growth of 20.6% over the past 10 years. GuruFocus rated Harley Davidson Inc. the business predictability rank of 4-star.
HarleyDavison Inc. recently reported its 2008 results. The company announced that it generated a Full-Year Profit of $654.7 Million. Its Fourth Quarter Revenue, Net Income and EPS also declined. Revenue for the fourth quarter was 1.29 billion compared to 1.39 billion in the fourth quarter of 2007.
Mark Hillman owns 42,606 shares as of 12/31/2008, an increase of 37.6% from the previous quarter. Sarah Ketterer owns 34,788 shares as of 12/31/2008, which accounts for 0.63% of the $93 million portfolio of CAUSEWAY CAPITAL MANAGEMENT LLC. Michael Price owns 10,000 shares as of 12/31/2008, a decrease of 93.33% of from the previous quarter. Robert Olstein sold out his holdings in the quarter that ended on 12/31/2008. David Dreman sold out his holdings in the quarter that ended on 12/31/2008.
Director Barry K Allen bought 6,500 shares of HOG stock on 11/17/2008 at the average price of $15.19; the price of the stock has decreased by 28.77% since.
Seagate Technology (STX, Financial): Down 26% Since Charles Brandes Bought In the Quarter Ended on 2008-12-31
Charles Brandes initiated holdings in Computer Hardware company Seagate Technology during the quarter ended 12/31/2008. He owned 1,966,738 shares of as of 12/31/2008. Seagate Technology is the worldwide leader in the design manufacture and marketing of hard disc drives providing products for a wide-range of applications including Enterprise Desktop Mobile Computing Consumer Electronics and Branded Solutions. The company has a market cap of $2.2 billion; its shares were traded at around $4.19 with a P/E ratio of 3.6 and P/S ratio of 0.17. The dividend yield of Seagate Technology stocks is 2.66%. Seagate Technology had an annual average earning growth of 21.1% over the past 5 years.
Seagate Technology recently reported its second quarter 2009 results. The company said that it had 37 million disk drive unit shipments, a revenue of $2.3 billion, a net loss of $496 million, and anet loss per share of $1.02 for the quarter ended January 2, 2009. The fiscal second quarter of the company ended on January 2, 2009.
Charles Brandes bought 1,966,738 shares in the quarter that ended on 12/31/2008, which is 0.04% of the $20.68 billion portfolio of Brandes Investment. Arnold Van Den Berg owns 2,173,178 shares as of 12/31/2008, which accounts for 0.56% of the $1.73 billion portfolio of Century Management. Joel Greenblatt sold out his holdings in the quarter that ended on 12/31/2008. David Dreman sold out his holdings in the quarter that ended on 12/31/2008. Richard Aster Jr sold out his holdings in the quarter that ended on 12/31/2008. John Hussman sold out his holdings in the quarter that ended on 12/31/2008.
Chairman, President and CEO, Director Stephen J Luczo bought 500,000 shares of STX stock on 02/12/2009 at the average price of $4.45; the price of the stock has decreased by 5.84% since.
