Last week's top five guru bargain stocks were Pepco Holdings Inc, The Goodyear Tire & Rubber Company, Cablevision Systems Corp, eBay Inc, and The Allstate Corp. According to GuruFocus updates, these stocks have declined the most since Gurus bought.
Pepco Holdings Inc. (POM, Financial): Down 41% Since Robert Bruce Bought In the Quarter Ended on 2008-12-31
Robert Bruce initiated holdings in Pepco Holdings Inc., during the quarter ended 12/31/2008. He owned 10,900 shares of as of 12/31/2008.
Pepco Holdings Inc. is an energy holding company. Pepco has been providing electric service for more than one hundred years. The company has a market cap of $3.23 billion; its shares were traded at around $10.36 with a P/E ratio of 5.9 and P/S ratio of 0.34. The dividend yield of Pepco Holdings Inc. stocks is 6.77%.
Pepco Holdings recently reported its fourth quarter and full year 2008 results. The company reported that it had earnings of about $300 million, or $1.47 per share. This is $34 million lower than the company's earnings results of 2007. “The year 2008 marks an outstanding year of financial performance for our operating businesses,” said Dennis R. Wraase, Chairman of the Board. “In Power Delivery, we set out to earn a fair return on our infrastructure investments, control costs and start the process of decoupling revenue from kilowatt hour sales. Our results for the year reflect our achievements in these areas as well as the performance of Conectiv Energy and Pepco Energy Services, each of which continued its track record of posting strong results.”
Among gurus who own Pepco Holdings include: Robert Bruce bought 10,900 shares in the quarter that ended on 12/31/2008, which is 0.27% of the $72 million portfolio of Bruce & Co., Inc.. John Hussman owns 200,000 shares as of 12/31/2008, an increase of 33.33% from the previous quarter. This position accounts for 0.11% of the $3.37 billion portfolio of Hussman Economtrics Advisors, Inc..
The Goodyear Tire & Rubber Company (GT, Financial): Down 53% Since John Keeley Bought In the Quarter Ended on 2008-12-31
John Keeley initiated holdings in Goodyear Tire & Rubber Company during the quarter ended 12/31/2008. He owned 12,000 shares of as of 12/31/2008. Goodyear is one of the world's largest tire companies. The company has a market cap of $1.44 billion; its shares were traded at around $3.51 with a P/E ratio of 8 and P/S ratio of 0.07. The Goodyear Tire & Rubber Company had an annual average earning growth of 23.3% over the past 5 years.
GT recently reported its fourth quarter and full year 2008 results. The company reported sales of $4.1 billion for the fourth quarter and $19.5 billion for the year of 2008. The company reported a net loss of $1.37 per share in the fourth quarter, compared to a net income of 23 cents per share a year ago.
Gurus who own GT include: David Tepper bought 3,244,998 shares in the quarter that ended on 12/31/2008, which is 4.13% of the $572 million portfolio of APPALOOSA MANAGEMENT LP. Charles Brandes owns 584,325 shares as of 12/31/2008, an increase of 699.73% from the previous quarter. This position accounts for 0.02% of the $20.68 billion portfolio of Brandes Investment. Ronald Muhlenkamp owns 930,005 shares as of 12/31/2008, which accounts for 0.88% of the $631 million portfolio of Muhlenkamp Fund. Michael Price owns 501,500 shares as of 12/31/2008, a decrease of 33% of from the previous quarter. This position accounts for 1.45% of the $206 million portfolio of MFP Investors LLC.
Cablevision Systems Corp. (CVC, Financial): Down 31% Since Brian Rogers Bought In the Quarter Ended on 2008-12-31
Brian Rogers added to his holdings in Broadcasting & Entertainment company Cablevision Systems Corp. by 28.57% during the quarter ended 12/31/2008. He owned 4,500,000 shares of as of 12/31/2008.
Cablevision Systems Corp. is one of the nation's leading entertainment and telecommunications companies. The company has a market cap of $3.6 billion; its shares were traded at around $10.35 with a P/E ratio of 80.5 and P/S ratio of 0.56. The dividend yield of Cablevision Systems Corp. stocks is 3.3%.
CVC recently reported its fourth quarter and full year 2008 results. Fourth quarter consolidated net revenues grew 11.4% to $2.052 billion compared to the prior year period, reflecting solid revenue growth in Telecommunications Services and the addition of Newsday and Sundance in the 2008 results. Cablevision President and CEO James L. Dolan commented: "Cablevision delivered strong results for 2008. Despite the economic downturn, the company reported full year, double-digit increases in revenue and AOCF. Our ongoing success in attracting new customers ensured our industry-leading penetration rates throughout the year. Also noteworthy in 2008, was that Cablevision generated more than $500 million in free cash flow, compared with $158 million in 2007. The proceeds from our recent successful debt financings, our cash flow and the capacity we have under existing credit facilities have positioned us well
from a near-term liquidity perspective," concluded Mr. Dolan.
Jean-Marie Eveillard bought 10,000 shares in the quarter that ended on 12/31/2008, which is less than 0.01% of the $7.54 billion portfolio of Arnhold & S. Bleichroeder Advisers, LLC. Brian Rogers owns 4,500,000 shares as of 12/31/2008, an increase of 28.57% from the previous quarter. This position accounts for 0.56% of the $13.49 billion portfolio of T Rowe Price Equity Income Fund.
Buy: Director Rand V Araskog bought 25,000 shares of CVC stock on 11/20/2008 at the average price of $12.38; the price of the stock has decreased by 16.4% since.
eBay Inc. (EBAY, Financial): Down 27% Since Mason Hawkins Bought In the Quarter Ended on 2008-12-31
Mason Hawkins added to his holdings in Specialized Consumer Services company eBay Inc. by 14.59% during the quarter ended 12/31/2008. He owned 61,213,412 shares of as of 12/31/2008. eBay is one of the world's largest online trading communities. eBay creates a powerful marketplace for the sale of goods and services by a passionate community of individuals and small businesses. eBay has a market cap of $15.55 billion; its shares were traded at around $10.43 with a P/E ratio of 7.8 and P/S ratio of 1.82. eBay Inc. had an annual average earning growth of 29% over the past 5 years.
Ebay Inc. recently reported its fourth quarter and full year 2008 results. The company announced that its fourth quarter revenue was $2.04 billion, a
$145 million year-over-year decrease. This was due primarily to the impact of a stronger dollar. For the full year, eBay Inc. posted $8.54 billion in revenue, net income on a GAAP basis of $1.78 billion or $1.36 per diluted share, and non-GAAP net income of $2.24 billion or $1.71 per diluted share.
Gurus who own Ebay: HOTCHKIS & WILEY bought 11,285,150 shares in the quarter that ended on 12/31/2008. Charles Brandes bought 3,768,489 shares in the quarter that ended on 12/31/2008. Richard Snow bought 89,100 shares in the quarter that ended on 12/31/2008. John Rogers owns 871,035 shares as of 12/31/2008, an increase of 83.41% from the previous quarter. Mason Hawkins owns 61,213,412 shares as of 12/31/2008, which accounts for 4.94% of the $17.32 billion portfolio of Southeastern Asset Management. David Winters sold out his holdings in the quarter that ended on 12/31/2008.
The Allstate Corp. (ALL, Financial): Down 46% Since HOTCHKIS & WILEY Bought In the Quarter Ended on 2008-12-31
HOTCHKIS & WILEY initiated holdings in Property & Casualty Insurance company The Allstate Corp. during the quarter ended 12/31/2008. They owned 3,706,000 shares of as of 12/31/2008.
Allstate Corporation's business is conducted principally through Allstate Insurance Company, Allstate Life Insurance Company, and their subsidiaries. It has a market cap of $9.88 billion; its shares were traded at around $14.55 with a P/E ratio of 5 and P/S ratio of 0.34. The dividend yield of The Allstate Corp. stocks is 8.89%. The Allstate Corp. had an annual average earning growth of 21.1% over the past 10 years.
Allstate recently reported its fourth quarter and full year 2008 results. The company said that it had a net loss of $1.68 billion, compared to a net income of $4.64 billion for the year that ended on December 31 st, 2007, or a decrease of 136.2%. Operating income was $1.78 billion for 2008, compared to $3.9 billion in 2007, down 54.5%.
HOTCHKIS & WILEY bought 3,706,000 shares in the quarter that ended on 12/31/2008, which is 1.16% of the $10.45 billion portfolio of HOTCHKIS & WILEY Capital Management LLC. David Dreman owns 1,558,845 shares as of 12/31/2008, an increase of 9902.21% from the previous quarter. This position accounts for 0.66% of the $7.73 billion portfolio of Dreman Value Management. Sarah Ketterer owns 14,979 shares as of 12/31/2008, a decrease of 22.67% of from the previous quarter. Ruane Cunniff sold out his holdings in the quarter that ended on 12/31/2008.
Pepco Holdings Inc. (POM, Financial): Down 41% Since Robert Bruce Bought In the Quarter Ended on 2008-12-31
Robert Bruce initiated holdings in Pepco Holdings Inc., during the quarter ended 12/31/2008. He owned 10,900 shares of as of 12/31/2008.
Pepco Holdings Inc. is an energy holding company. Pepco has been providing electric service for more than one hundred years. The company has a market cap of $3.23 billion; its shares were traded at around $10.36 with a P/E ratio of 5.9 and P/S ratio of 0.34. The dividend yield of Pepco Holdings Inc. stocks is 6.77%.
Pepco Holdings recently reported its fourth quarter and full year 2008 results. The company reported that it had earnings of about $300 million, or $1.47 per share. This is $34 million lower than the company's earnings results of 2007. “The year 2008 marks an outstanding year of financial performance for our operating businesses,” said Dennis R. Wraase, Chairman of the Board. “In Power Delivery, we set out to earn a fair return on our infrastructure investments, control costs and start the process of decoupling revenue from kilowatt hour sales. Our results for the year reflect our achievements in these areas as well as the performance of Conectiv Energy and Pepco Energy Services, each of which continued its track record of posting strong results.”
Among gurus who own Pepco Holdings include: Robert Bruce bought 10,900 shares in the quarter that ended on 12/31/2008, which is 0.27% of the $72 million portfolio of Bruce & Co., Inc.. John Hussman owns 200,000 shares as of 12/31/2008, an increase of 33.33% from the previous quarter. This position accounts for 0.11% of the $3.37 billion portfolio of Hussman Economtrics Advisors, Inc..
The Goodyear Tire & Rubber Company (GT, Financial): Down 53% Since John Keeley Bought In the Quarter Ended on 2008-12-31
John Keeley initiated holdings in Goodyear Tire & Rubber Company during the quarter ended 12/31/2008. He owned 12,000 shares of as of 12/31/2008. Goodyear is one of the world's largest tire companies. The company has a market cap of $1.44 billion; its shares were traded at around $3.51 with a P/E ratio of 8 and P/S ratio of 0.07. The Goodyear Tire & Rubber Company had an annual average earning growth of 23.3% over the past 5 years.
GT recently reported its fourth quarter and full year 2008 results. The company reported sales of $4.1 billion for the fourth quarter and $19.5 billion for the year of 2008. The company reported a net loss of $1.37 per share in the fourth quarter, compared to a net income of 23 cents per share a year ago.
Gurus who own GT include: David Tepper bought 3,244,998 shares in the quarter that ended on 12/31/2008, which is 4.13% of the $572 million portfolio of APPALOOSA MANAGEMENT LP. Charles Brandes owns 584,325 shares as of 12/31/2008, an increase of 699.73% from the previous quarter. This position accounts for 0.02% of the $20.68 billion portfolio of Brandes Investment. Ronald Muhlenkamp owns 930,005 shares as of 12/31/2008, which accounts for 0.88% of the $631 million portfolio of Muhlenkamp Fund. Michael Price owns 501,500 shares as of 12/31/2008, a decrease of 33% of from the previous quarter. This position accounts for 1.45% of the $206 million portfolio of MFP Investors LLC.
Cablevision Systems Corp. (CVC, Financial): Down 31% Since Brian Rogers Bought In the Quarter Ended on 2008-12-31
Brian Rogers added to his holdings in Broadcasting & Entertainment company Cablevision Systems Corp. by 28.57% during the quarter ended 12/31/2008. He owned 4,500,000 shares of as of 12/31/2008.
Cablevision Systems Corp. is one of the nation's leading entertainment and telecommunications companies. The company has a market cap of $3.6 billion; its shares were traded at around $10.35 with a P/E ratio of 80.5 and P/S ratio of 0.56. The dividend yield of Cablevision Systems Corp. stocks is 3.3%.
CVC recently reported its fourth quarter and full year 2008 results. Fourth quarter consolidated net revenues grew 11.4% to $2.052 billion compared to the prior year period, reflecting solid revenue growth in Telecommunications Services and the addition of Newsday and Sundance in the 2008 results. Cablevision President and CEO James L. Dolan commented: "Cablevision delivered strong results for 2008. Despite the economic downturn, the company reported full year, double-digit increases in revenue and AOCF. Our ongoing success in attracting new customers ensured our industry-leading penetration rates throughout the year. Also noteworthy in 2008, was that Cablevision generated more than $500 million in free cash flow, compared with $158 million in 2007. The proceeds from our recent successful debt financings, our cash flow and the capacity we have under existing credit facilities have positioned us well
from a near-term liquidity perspective," concluded Mr. Dolan.
Jean-Marie Eveillard bought 10,000 shares in the quarter that ended on 12/31/2008, which is less than 0.01% of the $7.54 billion portfolio of Arnhold & S. Bleichroeder Advisers, LLC. Brian Rogers owns 4,500,000 shares as of 12/31/2008, an increase of 28.57% from the previous quarter. This position accounts for 0.56% of the $13.49 billion portfolio of T Rowe Price Equity Income Fund.
Buy: Director Rand V Araskog bought 25,000 shares of CVC stock on 11/20/2008 at the average price of $12.38; the price of the stock has decreased by 16.4% since.
eBay Inc. (EBAY, Financial): Down 27% Since Mason Hawkins Bought In the Quarter Ended on 2008-12-31
Mason Hawkins added to his holdings in Specialized Consumer Services company eBay Inc. by 14.59% during the quarter ended 12/31/2008. He owned 61,213,412 shares of as of 12/31/2008. eBay is one of the world's largest online trading communities. eBay creates a powerful marketplace for the sale of goods and services by a passionate community of individuals and small businesses. eBay has a market cap of $15.55 billion; its shares were traded at around $10.43 with a P/E ratio of 7.8 and P/S ratio of 1.82. eBay Inc. had an annual average earning growth of 29% over the past 5 years.
Ebay Inc. recently reported its fourth quarter and full year 2008 results. The company announced that its fourth quarter revenue was $2.04 billion, a
$145 million year-over-year decrease. This was due primarily to the impact of a stronger dollar. For the full year, eBay Inc. posted $8.54 billion in revenue, net income on a GAAP basis of $1.78 billion or $1.36 per diluted share, and non-GAAP net income of $2.24 billion or $1.71 per diluted share.
Gurus who own Ebay: HOTCHKIS & WILEY bought 11,285,150 shares in the quarter that ended on 12/31/2008. Charles Brandes bought 3,768,489 shares in the quarter that ended on 12/31/2008. Richard Snow bought 89,100 shares in the quarter that ended on 12/31/2008. John Rogers owns 871,035 shares as of 12/31/2008, an increase of 83.41% from the previous quarter. Mason Hawkins owns 61,213,412 shares as of 12/31/2008, which accounts for 4.94% of the $17.32 billion portfolio of Southeastern Asset Management. David Winters sold out his holdings in the quarter that ended on 12/31/2008.
The Allstate Corp. (ALL, Financial): Down 46% Since HOTCHKIS & WILEY Bought In the Quarter Ended on 2008-12-31
HOTCHKIS & WILEY initiated holdings in Property & Casualty Insurance company The Allstate Corp. during the quarter ended 12/31/2008. They owned 3,706,000 shares of as of 12/31/2008.
Allstate Corporation's business is conducted principally through Allstate Insurance Company, Allstate Life Insurance Company, and their subsidiaries. It has a market cap of $9.88 billion; its shares were traded at around $14.55 with a P/E ratio of 5 and P/S ratio of 0.34. The dividend yield of The Allstate Corp. stocks is 8.89%. The Allstate Corp. had an annual average earning growth of 21.1% over the past 10 years.
Allstate recently reported its fourth quarter and full year 2008 results. The company said that it had a net loss of $1.68 billion, compared to a net income of $4.64 billion for the year that ended on December 31 st, 2007, or a decrease of 136.2%. Operating income was $1.78 billion for 2008, compared to $3.9 billion in 2007, down 54.5%.
HOTCHKIS & WILEY bought 3,706,000 shares in the quarter that ended on 12/31/2008, which is 1.16% of the $10.45 billion portfolio of HOTCHKIS & WILEY Capital Management LLC. David Dreman owns 1,558,845 shares as of 12/31/2008, an increase of 9902.21% from the previous quarter. This position accounts for 0.66% of the $7.73 billion portfolio of Dreman Value Management. Sarah Ketterer owns 14,979 shares as of 12/31/2008, a decrease of 22.67% of from the previous quarter. Ruane Cunniff sold out his holdings in the quarter that ended on 12/31/2008.
