Weekly Guru Bargains Highlights: Ameren Corp, Burger King Holdings Inc, Time Warner Cable Inc, SLM Corp, KeyCorp.

Weekly Guru Bargain Highlights

Author's Avatar
May 30, 2009
Last week's top five guru bargain stocks were Ameren Corp, Burger King Holdings Inc, Time Warner Cable Inc, SLM Corp, and KeyCorp. According to GuruFocus updates, these stocks have declined the most since Gurus have bought.

Ameren Corp. (AEE, Financial): Down 15% Since John Hussman Bought In the Quarter Ended on 2009-03-31

John Hussman added to his holdings in electricity company Ameren Corp. by 33.33% during the quarter ended 03/31/2009. He owned 200,000 shares of as of 03/31/2009. Ameren Corporation companies provide energy services customers in Missouri and Illinois. The company has a market cap of $4.94 billion; its shares were traded at around $23.26 with a P/E ratio of 8.2 and P/S ratio of 0.6. The dividend yield of Ameren Corp. stocks is 6.6%. Ameren Corp. had an annual average earning growth of 0.6% over the past 10 years. GuruFocus rated Ameren Corp. the business predictability rank of 2-star.

Ameran recently reported its first quarter 2009 results. The company announced that its Earnings per Share was 66 cents per share, or $141 million. Net income was 54 cents per share."Despite the challenges of the current economic downturn, we remain focused on executing our strategy," said Thomas R. Voss, president and chief executive officer of Ameren Corporationvalue="NYSE:AEE". "That strategy calls for prudently investing in our regulated businesses to meet our customers' needs and expectations, achieving constructive regulatory frameworks and returns and optimizing our non-rate-regulated generating assets. I expect execution of this strategy will position us to deliver solid, long-term shareholder value."

John Hussman owns 200,000 shares as of 03/31/2009, an increase of 33.33% from the previous quarter. This position accounts for 0.11% of the $4.07 billion portfolio of Hussman Economtrics Advisors, Inc.. David Dreman owns 104,165 shares as of 03/31/2009, which accounts for 0.04% of the $5.74 billion portfolio of Dreman Value Management. Kenneth Fisher sold out his holdings in the quarter that ended on 03/31/2009.

Burger King Holdings Inc. (BKC, Financial): Down 24% Since Richard Aster Jr Bought In the Quarter Ended on 2009-03-31

Richard Aster Jr initiated holdings in Restaurants & bars company Burger King Holdings Inc. during the quarter ended 03/31/2009. He owned 328,300 shares of as of 03/31/2009. Burger King Holdings Inc. through its subsidiaries owns and franchises fast food hamburger restaurants. The company has a market cap of $2.23 billion; its shares were traded at around $16.56 with a P/E ratio of 11.6 and P/S ratio of 0.9. The dividend yield of Burger King Holdings Inc. stocks is 1.4%.

Burger King recently reported its fiscal third quarter 2009 results. The company announced that its revenue for the quarter was $600 million, up 1% compared to revenues a year ago. The company also announced that this was its 21 st consecutive quarter of worldwide positive sales, and 20 th consecutive quarter of U.S and Canada positive sales. “We continue to post top-line growth even in this challenging macroeconomic environment,” said John Chidsey, chairman and chief executive officer, Burger King Corp. “We delivered our 21 st consecutive quarter of worldwide positive comp sales, our annual net restaurant growth remains on track and our cash flow generation remains strong.

Richard Aster Jr bought 328,300 shares in the quarter that ended on 03/31/2009, which is 0.45% of the $1.69 billion portfolio of Meridian Fund. Robert Olstein owns 240,000 shares as of 03/31/2009, a decrease of 40.92% of from the previous quarter. This position accounts for 1.34% of the $411 million portfolio of Olstein Financial Alert Fund.

Buy: Director Sanjeev K Mehra bought 3,520 shares of BKC stock on 05/01/2009 at the average price of $16.99; the price of the stock has decreased by 2.53% since.

Time Warner Cable Inc. (TWC, Financial): Down 24% Since Kenneth Fisher Bought In the Quarter Ended on 2009-03-31

Kenneth Fisher initiated holdings in Broadcasting & Entertainment company Time Warner Cable Inc. during the quarter ended 03/31/2009. He owned 1,532,907 shares of as of 03/31/2009. Time Warner Cable Inc. is the second-largest cable operator in the U.S. and an industry leader in developing and launching innovative video data and voice services. Time Warner Cable Inc. has a market cap of $9.98 billion; its shares were traded at around $30.79 with a P/E ratio of 8.2 and P/S ratio of 0.6.

Time Warner Cable recently reported its first quarter 2009 results. The company announced that its revenue increased 5% year over year to $4.4 billion. Revenue was $4.2 billion a year ago in the same period. Time Warner Cable Chief Executive Officer Glenn Britt said: “Time Warner Cable performed well in the first quarter, growing revenues, adjusted OIBDA and free cash flow from last year. We added very healthy numbers of new subscribers to our video, high-speed data and phone services, and our commercial services business continued to grow rapidly. We’re excited to be an independent company. Cable is a very good business, and our operations are strong and growing despite a challenging economy. We continue to generate very healthy free cash flow which will enable us to reduce debt over the next year.”

Time Warner Cable Inc. is owned by 6 Gurus. All initiated their positions in the company. George Soros sold out his holdings in the quarter that ended on 03/31/2009. John Paulson sold out his holdings in the quarter that ended on 03/31/2009.

Sell: EVP & Chief Strategy Officer Peter C Stern sold 193 shares of TWC stock on 04/30/2009 at the average price of $31.74; the price of the stock has decreased by 2.99% since.

SLM Corp. (SLM, Financial): Down 13% Since Irving Kahn Bought In the Quarter Ended on 2009-03-31

Irving Kahn added to his holdings in Consumer Finance company SLM Corp. by 10.84% during the quarter ended 03/31/2009. He owned 1,138,113 shares of as of 03/31/2009. SLM Corporation is the one of nation's largest private sources of funding and servicing support for higher education loans for students and their parents. The company has a market cap of $3.06 billion; its shares were traded at around $6.61 with a P/E ratio of 9.6 and P/S ratio of 0.4. SLM Corp. had an annual average earning growth of 12.8% over the past 10 years.

SLM recently reported its first quarter 2009 results. The company announced that its first quarter net income was $14 million.

David Dreman bought 39,370 shares in the quarter that ended on 03/31/2009, which is less than 0.01% of the $5.74 billion portfolio of Dreman Value Management. Irving Kahn owns 1,138,113 shares as of 03/31/2009, an increase of 10.84% from the previous quarter. This position accounts for 1.62% of the $347 million portfolio of Kahn Brothers & Company Inc.. Charles Brandes owns 442,233 shares as of 03/31/2009, a decrease of 96.1% of from the previous quarter. This position accounts for 0.01% of the $16.16 billion portfolio of Brandes Investment. PRIMECAP Management sold out his holdings in the quarter that ended on 03/31/2009. Donald Yacktman sold out his holdings in the quarter that ended on 03/31/2009.

Buy: Executive Vice President & CLO John J Hewes bought 15,000 shares of SLM stock on 01/30/2009 at the average price of $11.4; the price of the stock has decreased by 42.02% since.

KeyCorp (KEY, Financial): Down 31% Since HOTCHKIS & WILEY Bought In the Quarter Ended on 2009-03-31

HOTCHKIS & WILEY added to his holdings in Banks company KeyCorp by 27.06% during the quarter ended 03/31/2009. He owned 24,665,219 shares of as of 03/31/2009. KeyCorp is an integrated multi-line financial services company. KeyCorp has a market cap of $2.46 billion; its shares were traded at around $5 with and P/S ratio of 0.4. The dividend yield of KeyCorp stocks is 4.9%. KeyCorp had an annual average earning growth of 9.9% over the past 5 years.

KeyCorp recently reported its first quarter 2009 results. The company announced that its EPS was $1.09 per share. Net income was $218 million. “Our results reflect an extremely challenging operating environment and the expedient steps we continue to take to identify problem loans and to build Key’s loan loss reserves,” said Chief Executive Officer Henry L. Meyer III. “We believe building additional reserves is appropriate given the continued pressure on credit quality, as more businesses and consumers are affected by the persistent severity of the economic downturn.

HOTCHKIS & WILEY owns 24,665,219 shares as of 03/31/2009, an increase of 27.06% from the previous quarter. This position accounts for 2.11% of the $9.2 billion portfolio of HOTCHKIS & WILEY Capital Management LLC. Irving Kahn owns 19,188 shares as of 03/31/2009, a decrease of 36.26% of from the previous quarter. This position accounts for 0.07% of the $347 million portfolio of Kahn Brothers & Company Inc.. David Dreman owns 54,434 shares as of 03/31/2009, a decrease of 97.08% of from the previous quarter. This position accounts for 0.01% of the $5.74 billion portfolio of Dreman Value Management.

Buy: Vice Chair Peter D. Hancock bought 7,000 shares of KEY stock on 02/11/2009 at the average price of $6.95; the price of the stock has decreased by 28.06% since.