Last week’s top five guru bargain stocks were Apollo Group Inc. (APOL, Financial), TIME WARNER CABLE INC (TWC, Financial), Hess Corp. (HES, Financial), Pepco Holdings Inc. (POM, Financial), and Aetna Inc. (AET, Financial). According to GuruFocus updates, these stocks have declined the most since Gurus have bought.
Apollo Group Inc. (APOL): Down 13% Since Kenneth Fisher Bought In the Quarter Ended on 2009-03-31
Kenneth Fisher initiated holdings in Specialized Consumer Services company Apollo Group Inc. during the quarter ended 03/31/2009. He owned 2,650 shares of as of 03/31/2009. Apollo Group Inc. has been providing higher education to working adults for over 25 years. The company has a market cap of $10.89 billion; its shares were traded at around $67.9 with a P/E ratio of 19.5 and P/S ratio of 3.5. Apollo Group Inc. had an annual average earning growth of 29.1% over the past 10 years. GuruFocus rated Apollo Group Inc. the business predictability rank of 4-star.
Apollo Group recently reported its third quarter 2009 results. The company announced that its net revenue for the quarter was over $1 billion, up 26% compared to results as of the third quarter of 2008. Net income was $1.26 per share, compared to 85 cents per share in the third quarter of 2008. “We are pleased to report a record third quarter, driven largely by continuing increases in enrollments and improved student retention at University of Phoenix,” said Co-Chief Executive Officer of Apollo Group, Chas Edelstein. “When our students succeed academically, we succeed financially and, for the first time in a quarter, Apollo surpassed the $1 billion revenue mark.”
Steve Mandel bought 1,888,980 shares in the quarter that ended on 03/31/2009, which accounts for about 2.25% of his portfolio. Kenneth Fisher bought 2,650 shares in the quarter that ended on 03/31/2009, which is less than 0.01% of the $20.33 billion portfolio of Fisher Asset Management, LLC. Ken Heebner owns 3,920,500 shares as of 03/31/2009, an increase of 22.52% from the previous quarter. Lee Ainslie owns 1,808,920 shares as of 03/31/2009, an increase of 13.75% from the previous quarter. Andreas Halvorsen owns 5,781,300 shares as of 03/31/2009, a decrease of 32.43% of from the previous quarter.
Buy: SVP, CFO & Treasurer Brian L Swartz bought 1,000 shares of APOL stock on 04/03/2009 at the average price of $67.6; the price of the stock has increased by 0.44% since. Many other gurus have recently decreased their positions in the company.
TIME WARNER CABLE INC (TWC): Down 26% Since Dodge & Cox Bought In the Quarter Ended on 2009-03-31
Dodge & Cox initiated holdings in Specialized Consumer Services company TIME WARNER CABLE INC during the quarter ended 03/31/2009. He owned 18,546,987 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. They deliver their services to customers over technologically-advanced well-clustered cable systems that pass approximately 26 million homes. TIME WARNER CABLE INC has a market cap of $10.59 billion; its shares were traded at around $30.07 with a P/E ratio of 8 and P/S ratio of 0.7.
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.”
6 gurus have recently 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 & President, TWC Ventures Carl Uj Rossetti sold 183 shares of TWC stock on 06/02/2009 at the average price of $31.13; the price of the stock has decreased by 3.41% since.
Hess Corp. (HES): Down 13% Since David Einhorn Bought In the Quarter Ended on 2009-03-31
David Einhorn initiated holdings in Integrated Oil & Gas company Heowned 1,300,000 shares of as of 03/31/2009. Hess Corporation is a global integrated energy company engaged in the exploration for and the production purchase transportation and sale of crude oil and natural gas as well as the production and sale of refined petroleum products electricity. The company has a market cap of $16.13 billion; its shares were traded at around $49.33 with a P/E ratio of 10.3 and P/S ratio of 0.4. The dividend yield of Hess Corp. stocks is 0.8%. Hess Corp. had an annual average earning growth of 19.2% over the past 10 years. GuruFocus rated Hess Corp. the business predictability rank of 3.5-star.
Hess Corp recently reported its first quarter 2009 results. The company announced a net loss of $59 million, compared to net income of $759 million in the first quarter of 2008. s
David Einhorn bought 1,300,000 shares in the quarter that ended on 03/31/2009, which is 2.97% of the $2.38 billion portfolio of Greenlight Capital Inc. Jean-Marie Eveillard bought 1,067,711 shares in the quarter that ended on 03/31/2009, which is 0.78% of the $7.39 billion portfolio of Arnhold & S. Bleichroeder Advisers, LLC. Ken Heebner bought 252,300 shares in the quarter that ended on 03/31/2009, which is 0.25% of the $5.4 billion portfolio of CAPITAL GROWTH MANAGEMENT LP. John Rogers owns 472,340 shares as of 03/31/2009, a decrease of 21.92% of from the previous quarter. This position accounts for 0.83% of the $3.1 billion portfolio of ARIEL CAPITAL MANAGEMENT LLC. Dodge & Cox owns 18,927 shares as of 03/31/2009, a decrease of 34.57% of from the previous quarter. This position accounts for less than 0.01% of the $54.08 billion portfolio of Dodge & Cox.
Sell: Executive Vice President J Barclay Collins sold 5,000 shares of HES stock on 06/01/2009 at the average price of $68.5; the price of the stock has decreased by 27.99% since. The company’s senior vice president also decreased his positions in the company.
Pepco Holdings Inc. (PHI): Down 13% Since Robert Bruce Bought In the Quarter Ended on 2009-03-31
Robert Bruce added to his holdings in Electricity company Pepco Holdings Inc. by 458.72% during the quarter ended 03/31/2009. He owned 60,900 shares of as of 03/31/2009. Pepco Holdings Inc. is an energy holding company. It has a market cap of $2.9 billion; its shares were traded at around $13.16 with a P/E ratio of 8.1 and P/S ratio of 0.3. The dividend yield of Pepco Holdings Inc. stocks is 8.3%.
David Dreman bought 15,070 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.
Robert Bruce owns 60,900 shares as of 03/31/2009, an increase of 458.72% from the previous quarter. John Hussman owns 300,000 shares as of 03/31/2009, an increase of 50% from the previous quarter.
Pepco recently reported its first quarter 2009 results. The company announced consolidated earnings of 21 cents per share, compared to 49 cents per share in the first quarter of 2008.
Pepco Holdings was recently bought by its President and CEO. President and CEO Joseph M Rigby bought 10,000 shares of POM stock on 03/09/2009 at the average price of $10.23; the price of the stock has increased by 28.64% since. Many other insiders also increased their positions in the company.
Buy: Director Lester P Silverman bought 6,000 shares of POM stock on 03/17/2009 at the average price of $11.74; the price of the stock has increased by 12.1% since.
Aetna Inc. (AET): Down 12% Since NWQ Managers Bought In the Quarter Ended on 2009-03-31
NWQ Managers added to his holdings in Health Care Providers company Aetna Inc. by 35.48% during the quarter ended 03/31/2009. He owned 7,707,835 shares of as of 03/31/2009. Aetna Inc. is one of the nation's largest health benefits companies and one of the nation's largest insurance and financial services organizations. The company has a market cap of $10.85 billion; its shares were traded at around $24.28 with a P/E ratio of 6.1 and P/S ratio of 0.4. The dividend yield of Aetna Inc. stocks is 0.2%. Aetna Inc. had an annual average earning growth of 6% over the past 10 years.
NWQ Managers owns 7,707,835 shares as of 03/31/2009, an increase of 35.48% from the previous quarter. Edward Owens owns 2,700,000 shares as of 03/31/2009, an increase of 35% from the previous quarter. David Dreman owns 3,186,875 shares as of 03/31/2009, a decrease of 47.75% of from the previous quarter. This position accounts for 1.35% of the $5.74 billion portfolio of Dreman Value Management.
Aetna recently reported its first quarter 2009 results. The company announced that its EPS increased 4% to 96 cents per share. The company said that this was caused primarily by an increase in revenue. Net income was 95 cents per share, up 12% from last year’s results.
Buy: SVP, Chief Medical Officer Lonny Reisman bought 585 shares of AET stock on 01/28/2009 at the average price of $31.12; the price of the stock has decreased by 21.98% since.
Apollo Group Inc. (APOL): Down 13% Since Kenneth Fisher Bought In the Quarter Ended on 2009-03-31
Kenneth Fisher initiated holdings in Specialized Consumer Services company Apollo Group Inc. during the quarter ended 03/31/2009. He owned 2,650 shares of as of 03/31/2009. Apollo Group Inc. has been providing higher education to working adults for over 25 years. The company has a market cap of $10.89 billion; its shares were traded at around $67.9 with a P/E ratio of 19.5 and P/S ratio of 3.5. Apollo Group Inc. had an annual average earning growth of 29.1% over the past 10 years. GuruFocus rated Apollo Group Inc. the business predictability rank of 4-star.
Apollo Group recently reported its third quarter 2009 results. The company announced that its net revenue for the quarter was over $1 billion, up 26% compared to results as of the third quarter of 2008. Net income was $1.26 per share, compared to 85 cents per share in the third quarter of 2008. “We are pleased to report a record third quarter, driven largely by continuing increases in enrollments and improved student retention at University of Phoenix,” said Co-Chief Executive Officer of Apollo Group, Chas Edelstein. “When our students succeed academically, we succeed financially and, for the first time in a quarter, Apollo surpassed the $1 billion revenue mark.”
Steve Mandel bought 1,888,980 shares in the quarter that ended on 03/31/2009, which accounts for about 2.25% of his portfolio. Kenneth Fisher bought 2,650 shares in the quarter that ended on 03/31/2009, which is less than 0.01% of the $20.33 billion portfolio of Fisher Asset Management, LLC. Ken Heebner owns 3,920,500 shares as of 03/31/2009, an increase of 22.52% from the previous quarter. Lee Ainslie owns 1,808,920 shares as of 03/31/2009, an increase of 13.75% from the previous quarter. Andreas Halvorsen owns 5,781,300 shares as of 03/31/2009, a decrease of 32.43% of from the previous quarter.
Buy: SVP, CFO & Treasurer Brian L Swartz bought 1,000 shares of APOL stock on 04/03/2009 at the average price of $67.6; the price of the stock has increased by 0.44% since. Many other gurus have recently decreased their positions in the company.
TIME WARNER CABLE INC (TWC): Down 26% Since Dodge & Cox Bought In the Quarter Ended on 2009-03-31
Dodge & Cox initiated holdings in Specialized Consumer Services company TIME WARNER CABLE INC during the quarter ended 03/31/2009. He owned 18,546,987 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. They deliver their services to customers over technologically-advanced well-clustered cable systems that pass approximately 26 million homes. TIME WARNER CABLE INC has a market cap of $10.59 billion; its shares were traded at around $30.07 with a P/E ratio of 8 and P/S ratio of 0.7.
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.”
6 gurus have recently 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 & President, TWC Ventures Carl Uj Rossetti sold 183 shares of TWC stock on 06/02/2009 at the average price of $31.13; the price of the stock has decreased by 3.41% since.
Hess Corp. (HES): Down 13% Since David Einhorn Bought In the Quarter Ended on 2009-03-31
David Einhorn initiated holdings in Integrated Oil & Gas company Heowned 1,300,000 shares of as of 03/31/2009. Hess Corporation is a global integrated energy company engaged in the exploration for and the production purchase transportation and sale of crude oil and natural gas as well as the production and sale of refined petroleum products electricity. The company has a market cap of $16.13 billion; its shares were traded at around $49.33 with a P/E ratio of 10.3 and P/S ratio of 0.4. The dividend yield of Hess Corp. stocks is 0.8%. Hess Corp. had an annual average earning growth of 19.2% over the past 10 years. GuruFocus rated Hess Corp. the business predictability rank of 3.5-star.
Hess Corp recently reported its first quarter 2009 results. The company announced a net loss of $59 million, compared to net income of $759 million in the first quarter of 2008. s
David Einhorn bought 1,300,000 shares in the quarter that ended on 03/31/2009, which is 2.97% of the $2.38 billion portfolio of Greenlight Capital Inc. Jean-Marie Eveillard bought 1,067,711 shares in the quarter that ended on 03/31/2009, which is 0.78% of the $7.39 billion portfolio of Arnhold & S. Bleichroeder Advisers, LLC. Ken Heebner bought 252,300 shares in the quarter that ended on 03/31/2009, which is 0.25% of the $5.4 billion portfolio of CAPITAL GROWTH MANAGEMENT LP. John Rogers owns 472,340 shares as of 03/31/2009, a decrease of 21.92% of from the previous quarter. This position accounts for 0.83% of the $3.1 billion portfolio of ARIEL CAPITAL MANAGEMENT LLC. Dodge & Cox owns 18,927 shares as of 03/31/2009, a decrease of 34.57% of from the previous quarter. This position accounts for less than 0.01% of the $54.08 billion portfolio of Dodge & Cox.
Sell: Executive Vice President J Barclay Collins sold 5,000 shares of HES stock on 06/01/2009 at the average price of $68.5; the price of the stock has decreased by 27.99% since. The company’s senior vice president also decreased his positions in the company.
Pepco Holdings Inc. (PHI): Down 13% Since Robert Bruce Bought In the Quarter Ended on 2009-03-31
Robert Bruce added to his holdings in Electricity company Pepco Holdings Inc. by 458.72% during the quarter ended 03/31/2009. He owned 60,900 shares of as of 03/31/2009. Pepco Holdings Inc. is an energy holding company. It has a market cap of $2.9 billion; its shares were traded at around $13.16 with a P/E ratio of 8.1 and P/S ratio of 0.3. The dividend yield of Pepco Holdings Inc. stocks is 8.3%.
David Dreman bought 15,070 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.
Robert Bruce owns 60,900 shares as of 03/31/2009, an increase of 458.72% from the previous quarter. John Hussman owns 300,000 shares as of 03/31/2009, an increase of 50% from the previous quarter.
Pepco recently reported its first quarter 2009 results. The company announced consolidated earnings of 21 cents per share, compared to 49 cents per share in the first quarter of 2008.
Pepco Holdings was recently bought by its President and CEO. President and CEO Joseph M Rigby bought 10,000 shares of POM stock on 03/09/2009 at the average price of $10.23; the price of the stock has increased by 28.64% since. Many other insiders also increased their positions in the company.
Buy: Director Lester P Silverman bought 6,000 shares of POM stock on 03/17/2009 at the average price of $11.74; the price of the stock has increased by 12.1% since.
Aetna Inc. (AET): Down 12% Since NWQ Managers Bought In the Quarter Ended on 2009-03-31
NWQ Managers added to his holdings in Health Care Providers company Aetna Inc. by 35.48% during the quarter ended 03/31/2009. He owned 7,707,835 shares of as of 03/31/2009. Aetna Inc. is one of the nation's largest health benefits companies and one of the nation's largest insurance and financial services organizations. The company has a market cap of $10.85 billion; its shares were traded at around $24.28 with a P/E ratio of 6.1 and P/S ratio of 0.4. The dividend yield of Aetna Inc. stocks is 0.2%. Aetna Inc. had an annual average earning growth of 6% over the past 10 years.
NWQ Managers owns 7,707,835 shares as of 03/31/2009, an increase of 35.48% from the previous quarter. Edward Owens owns 2,700,000 shares as of 03/31/2009, an increase of 35% from the previous quarter. David Dreman owns 3,186,875 shares as of 03/31/2009, a decrease of 47.75% of from the previous quarter. This position accounts for 1.35% of the $5.74 billion portfolio of Dreman Value Management.
Aetna recently reported its first quarter 2009 results. The company announced that its EPS increased 4% to 96 cents per share. The company said that this was caused primarily by an increase in revenue. Net income was 95 cents per share, up 12% from last year’s results.
Buy: SVP, Chief Medical Officer Lonny Reisman bought 585 shares of AET stock on 01/28/2009 at the average price of $31.12; the price of the stock has decreased by 21.98% since.
