Last week’s top five guru bargain stocks were EEQ, SID, CLWR, PL, and TX. According to GuruFocus updates, these stocks have declined the most since Gurus have bought.
Enbridge Energy Management L.L.C. (EEQ, Financial): Down 28% Since Jim Simons Bought In the Quarter Ended on 2011-03-31
Jim Simons added to his holdings in Pipelines company Enbridge Energy Management L.l.c. by 130.58% during the quarter ended 03/31/2011. His purchase prices were between $30.65 and $64.013, with an estimated average price of $43.04. Since then the prices of Enbridge Energy Management L.L.C. shares have declined by -28% from the estimated average. Jim Simons owned 51,825 shares of as of 03/31/2011.
Enbridge Energy Management is a Delaware limited liability company. Enbridge Energy Management L.l.c. has a market cap of $1.12 billion; its shares were traded at around $30.8 with and P/S ratio of 32.04.
Companhia Siderurgica Nacional ADS (SID, Financial): Down 29% Since Jeremy Grantham Bought In the Quarter Ended on 2011-03-31
Jeremy Grantham initiated holdings in Steel company Companhia Siderurgica Nacional Ads during the quarter ended 03/31/2011. His purchase prices were between $15.41 and $18.33, with an estimated average price of $16.75. Since then the prices of Companhia Siderurgica Nacional ADS shares have declined by -29% from the estimated average. Jeremy Grantham owned 813,400 shares of as of 03/31/2011.
CIA SIDERUR-ADR, through the combining of its own mines, steel mill, railroads, ports and service and distribution centers within the scope of its operations, makes them the largest integrated steel-making complex in Latin America. Companhia Siderurgica Nacional Ads has a market cap of $17.22 billion; its shares were traded at around $11.81 with a P/E ratio of 12.05 and P/S ratio of 2.74. The dividend yield of Companhia Siderurgica Nacional Ads stocks is 5.39%. Companhia Siderurgica Nacional Ads had an annual average earnings growth of 31.2% over the past 10 years. GuruFocus rated Companhia Siderurgica Nacional Ads the business predictability rank of 2.5-star.
Kenneth Fisher owns 1,510,990 shares as of 03/31/2011, a decrease of 49.69% of from the previous quarter. This position accounts for 0.07% of the $37.97 billion portfolio of Fisher Asset Management, LLC.
Clearwire Corp. (CLWR, Financial): Down 27% Since George Soros Bought In the Quarter Ended on 2011-03-31
George Soros initiated holdings in Internet company Clearwire Corp. during the quarter ended 03/31/2011. His purchase prices were between $4.78 and $5.91, with an estimated average price of $5.43. Since then the prices of Clearwire Corp. shares have declined by -27% from the estimated average. George Soros owned 270,271 shares of as of 03/31/2011.
CLEARWIRE CORPORATION is a provider of simple, portable and reliable wireless high-speed Internet service. Clearwire Corp. has a market cap of $3.94 billion; its shares were traded at around $3.98 with and P/S ratio of 7.07.
First quarter 2011 actual revenue was $242.0 million. Consolidated pro forma revenue for the first quarter 2011 was $258.1 million, a 142% increase over first quarter 2010 actual revenue of $106.7 million. Retail revenue and other revenue was $181.1 million in the first quarter 2011, retail average revenue per user (ARPU) was a record $46.32, and pro forma wholesale revenue was $77.0 million, or $6.37 in pro forma wholesale ARPU in the first quarter 2011.
George Soros bought 270,271 shares in the quarter that ended on 03/31/2011, which is 0.0235% of the $6.42 billion portfolio of Soros Fund Management LLC, Mario Gabelli owns 119,370 shares as of 03/31/2011, a decrease of 47.58% of from the previous quarter. This position accounts for less than 0.01% of the $13.97 billion portfolio of GAMCO Investors.
CEO William T Morrow sold 8,126 shares of CLWR stock on 03/02/2011 at the average price of 4.84. William T Morrow owns at least 2,323,231 shares after this. The price of the stock has decreased by 17.77% since. Other insiders have also decreased their positions in the company.
Protective Life Corp. (PL, Financial): Down 21% Since John Keeley Bought In the Quarter Ended on 2011-03-31
John Keeley added to his holdings in Life Insurance company Protective Life Corp. by 23.04% during the quarter ended 03/31/2011. His purchase prices were between $25.59 and $29.49, with an estimated average price of $27.84. Since then the prices of Protective Life Corp. shares have declined by -21% from the estimated average. John Keeley owned 28,840 shares of as of 03/31/2011.
Protective Life Corp. is a holding company, whose subsidiaries provide financial services through the production, distribution, and administration of insurance and investment products. Protective Life Corp. has a market cap of $1.88 billion; its shares were traded at around $21.89 with a P/E ratio of 8.2 and P/S ratio of 0.61. The dividend yield of Protective Life Corp. stocks is 2.92%.
Protective recently reported results for the first quarter of 2011. Net income available to PLC's common shareowners for the first quarter of 2011 was $67.5 million, or $0.77 per average diluted share, compared to $69.8 million, or $0.80 per average diluted share, in the first quarter of 2010. Operating income, after tax, for the first quarter of 2011 was $63.2 million, or $0.72 per average diluted share, compared to $67.7 million, or $0.78 per average diluted share, in the first quarter of 2010.
John Keeley owns 28,840 shares as of 03/31/2011, an increase of 23.04% from the previous quarter. This position accounts for 0.01% of the $6.54 billion portfolio of Keeley Fund Management. Richard Pzena owns 419,000 shares as of 03/31/2011, an increase of 13.43% from the previous quarter. This position accounts for 0.09% of the $11.79 billion portfolio of Pzena Investment Management LLC. Kenneth Fisher owns 2,450,377 shares as of 03/31/2011, an increase of 12.63% from the previous quarter. This position accounts for 0.17% of the $37.97 billion portfolio of Fisher Asset Management, LLC.
President John D Johns sold 2,807 shares of PL stock on 05/16/2011 at the average price of 24.32. John D Johns owns at least 398,363 shares after this. The price of the stock has decreased by 9.99% since. Other insiders have also decreased their positions in the company.
Ternium SASponsored ADR (TX, Financial): Down 24% Since Jeremy Grantham Bought In the Quarter Ended on 2011-03-31
Jeremy Grantham initiated holdings in Steel company Ternium Sasponsored Adr during the quarter ended 03/31/2011. His purchase prices were between $33.78 and $43.26, with an estimated average price of $38.18. Since then the prices of Ternium SASponsored ADR shares have declined by -24% from the estimated average. Jeremy Grantham owned 697,100 shares of as of 03/31/2011.
Ternium is the producer of flat and long steel products of Latin America and consolidates the operations of the steel companies Hylsa in Mexico, Siderar in Argentina and Sidor in Venezuela. Ternium Sasponsored Adr has a market cap of $5.83 billion; its shares were traded at around $29.1 with a P/E ratio of 9.33 and P/S ratio of 0.79. The dividend yield of Ternium Sasponsored Adr stocks is 5.15%.
Enbridge Energy Management L.L.C. (EEQ, Financial): Down 28% Since Jim Simons Bought In the Quarter Ended on 2011-03-31
Jim Simons added to his holdings in Pipelines company Enbridge Energy Management L.l.c. by 130.58% during the quarter ended 03/31/2011. His purchase prices were between $30.65 and $64.013, with an estimated average price of $43.04. Since then the prices of Enbridge Energy Management L.L.C. shares have declined by -28% from the estimated average. Jim Simons owned 51,825 shares of as of 03/31/2011.
Enbridge Energy Management is a Delaware limited liability company. Enbridge Energy Management L.l.c. has a market cap of $1.12 billion; its shares were traded at around $30.8 with and P/S ratio of 32.04.
Companhia Siderurgica Nacional ADS (SID, Financial): Down 29% Since Jeremy Grantham Bought In the Quarter Ended on 2011-03-31
Jeremy Grantham initiated holdings in Steel company Companhia Siderurgica Nacional Ads during the quarter ended 03/31/2011. His purchase prices were between $15.41 and $18.33, with an estimated average price of $16.75. Since then the prices of Companhia Siderurgica Nacional ADS shares have declined by -29% from the estimated average. Jeremy Grantham owned 813,400 shares of as of 03/31/2011.
CIA SIDERUR-ADR, through the combining of its own mines, steel mill, railroads, ports and service and distribution centers within the scope of its operations, makes them the largest integrated steel-making complex in Latin America. Companhia Siderurgica Nacional Ads has a market cap of $17.22 billion; its shares were traded at around $11.81 with a P/E ratio of 12.05 and P/S ratio of 2.74. The dividend yield of Companhia Siderurgica Nacional Ads stocks is 5.39%. Companhia Siderurgica Nacional Ads had an annual average earnings growth of 31.2% over the past 10 years. GuruFocus rated Companhia Siderurgica Nacional Ads the business predictability rank of 2.5-star.
Kenneth Fisher owns 1,510,990 shares as of 03/31/2011, a decrease of 49.69% of from the previous quarter. This position accounts for 0.07% of the $37.97 billion portfolio of Fisher Asset Management, LLC.
Clearwire Corp. (CLWR, Financial): Down 27% Since George Soros Bought In the Quarter Ended on 2011-03-31
George Soros initiated holdings in Internet company Clearwire Corp. during the quarter ended 03/31/2011. His purchase prices were between $4.78 and $5.91, with an estimated average price of $5.43. Since then the prices of Clearwire Corp. shares have declined by -27% from the estimated average. George Soros owned 270,271 shares of as of 03/31/2011.
CLEARWIRE CORPORATION is a provider of simple, portable and reliable wireless high-speed Internet service. Clearwire Corp. has a market cap of $3.94 billion; its shares were traded at around $3.98 with and P/S ratio of 7.07.
First quarter 2011 actual revenue was $242.0 million. Consolidated pro forma revenue for the first quarter 2011 was $258.1 million, a 142% increase over first quarter 2010 actual revenue of $106.7 million. Retail revenue and other revenue was $181.1 million in the first quarter 2011, retail average revenue per user (ARPU) was a record $46.32, and pro forma wholesale revenue was $77.0 million, or $6.37 in pro forma wholesale ARPU in the first quarter 2011.
George Soros bought 270,271 shares in the quarter that ended on 03/31/2011, which is 0.0235% of the $6.42 billion portfolio of Soros Fund Management LLC, Mario Gabelli owns 119,370 shares as of 03/31/2011, a decrease of 47.58% of from the previous quarter. This position accounts for less than 0.01% of the $13.97 billion portfolio of GAMCO Investors.
CEO William T Morrow sold 8,126 shares of CLWR stock on 03/02/2011 at the average price of 4.84. William T Morrow owns at least 2,323,231 shares after this. The price of the stock has decreased by 17.77% since. Other insiders have also decreased their positions in the company.
Protective Life Corp. (PL, Financial): Down 21% Since John Keeley Bought In the Quarter Ended on 2011-03-31
John Keeley added to his holdings in Life Insurance company Protective Life Corp. by 23.04% during the quarter ended 03/31/2011. His purchase prices were between $25.59 and $29.49, with an estimated average price of $27.84. Since then the prices of Protective Life Corp. shares have declined by -21% from the estimated average. John Keeley owned 28,840 shares of as of 03/31/2011.
Protective Life Corp. is a holding company, whose subsidiaries provide financial services through the production, distribution, and administration of insurance and investment products. Protective Life Corp. has a market cap of $1.88 billion; its shares were traded at around $21.89 with a P/E ratio of 8.2 and P/S ratio of 0.61. The dividend yield of Protective Life Corp. stocks is 2.92%.
Protective recently reported results for the first quarter of 2011. Net income available to PLC's common shareowners for the first quarter of 2011 was $67.5 million, or $0.77 per average diluted share, compared to $69.8 million, or $0.80 per average diluted share, in the first quarter of 2010. Operating income, after tax, for the first quarter of 2011 was $63.2 million, or $0.72 per average diluted share, compared to $67.7 million, or $0.78 per average diluted share, in the first quarter of 2010.
John Keeley owns 28,840 shares as of 03/31/2011, an increase of 23.04% from the previous quarter. This position accounts for 0.01% of the $6.54 billion portfolio of Keeley Fund Management. Richard Pzena owns 419,000 shares as of 03/31/2011, an increase of 13.43% from the previous quarter. This position accounts for 0.09% of the $11.79 billion portfolio of Pzena Investment Management LLC. Kenneth Fisher owns 2,450,377 shares as of 03/31/2011, an increase of 12.63% from the previous quarter. This position accounts for 0.17% of the $37.97 billion portfolio of Fisher Asset Management, LLC.
President John D Johns sold 2,807 shares of PL stock on 05/16/2011 at the average price of 24.32. John D Johns owns at least 398,363 shares after this. The price of the stock has decreased by 9.99% since. Other insiders have also decreased their positions in the company.
Ternium SASponsored ADR (TX, Financial): Down 24% Since Jeremy Grantham Bought In the Quarter Ended on 2011-03-31
Jeremy Grantham initiated holdings in Steel company Ternium Sasponsored Adr during the quarter ended 03/31/2011. His purchase prices were between $33.78 and $43.26, with an estimated average price of $38.18. Since then the prices of Ternium SASponsored ADR shares have declined by -24% from the estimated average. Jeremy Grantham owned 697,100 shares of as of 03/31/2011.
Ternium is the producer of flat and long steel products of Latin America and consolidates the operations of the steel companies Hylsa in Mexico, Siderar in Argentina and Sidor in Venezuela. Ternium Sasponsored Adr has a market cap of $5.83 billion; its shares were traded at around $29.1 with a P/E ratio of 9.33 and P/S ratio of 0.79. The dividend yield of Ternium Sasponsored Adr stocks is 5.15%.
