Weekly Guru Bargains Highlights: FIO, APOL, EBR, JE, MTX

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Feb 19, 2013
According to GuruFocus updates, these stocks have declined the most since Gurus have bought.

Cyclone Uranium Corp (FIO, Financial): Down 30% Since Jim Simons Bought in the Quarter Ended on 2012-09-30

Jim Simons added to his holdings in Computer Hardware company Fusion-io Inc. by 1278.57% during the quarter ended 09/30/2012. His purchase prices were between $18.11 and $30.87, with an estimated average price of $24.13. Since then the prices of Cyclone Uranium Corp shares have declined by 30% from the estimated average. Jim Simons owned 135,100 shares of as of 09/30/2012.

David Tepper owns 1,404,977 shares as of 12/31/2012, which accounts for 0.7% of the $4.62 billion portfolio of Appaloosa Management LP.

Chairman, CEO and President David A. Flynn sold 80,000 shares of FIO stock on 10/16/2012 at the average price of $29.52. David A. Flynn owns at least 4,167,794 shares after this. The price of the stock has decreased by 42.82% since. Other insiders have also decreased their positions in the company.

Apollo Group Inc (APOL, Financial): Down 36% Since John Rogers Bought in the Quarter Ended on 2012-09-30

John Rogers added to his holdings in Specialized Consumer Services company Apollo Group Inc. by 86.76% during the quarter ended 09/30/2012. His purchase prices were between $26.05 and $36.86, with an estimated average price of $29.59. Since then the prices of Apollo Group Inc shares have declined by 36% from the estimated average. John Rogers owned 1,191,445 shares of as of 09/30/2012.

Apollo Group Inc. was incorporated in Arizona in 1981. Apollo Group Inc. has a market cap of $2.14 billion; its shares were traded at around $19.01 with a P/E ratio of 6 and P/S ratio of 0.5. Apollo Group Inc. had an annual average earnings growth of 16.5% over the past 10 years. GuruFocus rated Apollo Group Inc. the business predictability rank of 4.5-star.

Apollo Group Inc. recently reported financial results for the three months ended Nov. 30, 2012, with revenue of $1.1 billion and diluted earnings per share of $1.18 per share, or $1.22 per share excluding special items.

Ruane Cunniff owns 1,802,250 shares as of 12/31/2012, an increase of 157.46% from the previous quarter. This position accounts for 0.28% of the $13.27 billion portfolio of Ruane & Cunniff & Goldfarb. Ray Dalio owns 1,849,684 shares as of 12/31/2012, an increase of 88.26% from the previous quarter. This position accounts for 0.39% of the $9.82 billion portfolio of Bridgewater Associates. Joel Greenblatt owns 440,602 shares as of 12/31/2012, an increase of 47.34% from the previous quarter. This position accounts for 0.53% of the $1.73 billion portfolio of Gotham Capital.

Vice President, CAO and Controller Gregory James Iverson sold 602 shares of APOL stock on 12/03/2012 at the average price of $19.34. Gregory James Iverson owns at least 24,884 shares after this. The price of the stock has decreased by 1.71% since.

Centrais Eletricas Brasileiras SA (EBR, Financial): Down 50% Since Charles Brandes Bought in the Quarter Ended on 2012-09-30

Charles Brandes added to his holdings in Electricity company Centrais Eletricas Brasileiras SA by 15.16% during the quarter ended 09/30/2012. His purchase prices were between $5.82 and $7.79, with an estimated average price of $6.79. Since then the prices of Centrais Eletricas Brasileiras SA shares have declined by 50% from the estimated average. Charles Brandes owned 31,438,189 shares of as of 09/30/2012.

Electrobras is involved in the Utilities Industry. Their principal activity is the generation and distribution of electric power through their companies to the whole of Brazil. Centrais Eletricas Brasileiras SA has a market cap of $4.59 billion; its shares were traded at around $3.4 with a P/E ratio of 2.7 and P/S ratio of 0.3. Centrais Eletricas Brasileiras SA had an annual average earnings growth of 4.1% over the past five years.

Charles Brandes owns 25,299,878 shares as of 12/31/2012, which accounts for 0.92% of the $8.55 billion portfolio of Brandes Investment.

Just Energy Group Inc (JE, Financial): Down 32% Since Jeremy Grantham Bought in the Quarter Ended on 2012-09-30

Jeremy Grantham added to his holdings in Electricity company Just Energy Group Inc. by 21% during the quarter ended 09/30/2012. His purchase prices were between $10.23 and $11.64, with an estimated average price of $11.13. Since then the prices of Just Energy Group Inc shares have declined by 32% from the estimated average. Jeremy Grantham owned 344,500 shares of as of 09/30/2012.

Markets natural gas to residential, small- and medium-sized commercial businesses under long-term fixed price contracts in Ontario, Manitoba, Alberta, Illinois and New York and solely to commercial customers in Quebec and British Columbia. Just Energy Group Inc. has a market cap of $1.06 billion; its shares were traded at around $7.52 with a P/E ratio of 3.4 and P/S ratio of 0.4. The dividend yield of Just Energy Group Inc. stocks is 16.6%. Just Energy Group Inc had an annual average earnings growth of 10.8% over the past 10 years.

Just Energy recently reported its third quarter 2012 financial results. Gross Margin was $142.5 million, dropping 3% year over year. Adjusted EBITDA was $72.5 million, down 18% year over year.

MTU Aero Engines Holding AG (MTX, Financial): Down 38% Since Mario Gabelli Bought in the Quarter Ended on 2012-09-30

Mario Gabelli added to his holdings in Commodity Chemicals company Minerals Technologies, Inc. by 543.75% during the quarter ended 09/30/2012. His purchase prices were between $61 and $73.99, with an estimated average price of $66.8. Since then the prices of MTU Aero Engines Holding AG shares have declined by 38% from the estimated average. Mario Gabelli owned 51,500 shares of as of 09/30/2012.

Minerals Technologies Inc. or Minerals Tech is a resource- and technology-based company that develops, produces and markets worldwide a range of specialty mineral, mineral-based and synthetic mineral products and supporting systems and services. Minerals Technologies Inc. has a market cap of $1.48 billion; its shares were traded at around $41.75 with a P/E ratio of 19.4 and P/S ratio of 1.5. The dividend yield of Minerals Technologies Inc. stocks is 0.3%. Minerals Technologies Inc. had an annual average earnings growth of 17.5% over the past five years

Mario Gabelli owns 146,000 shares as of 12/31/2012, an increase of 183.5% from the previous quarter. This position accounts for 0.043% of the $13.61 billion portfolio of GAMCO Investors. Third Avenue Management owns 760,990 shares as of 12/31/2012, an increase of 103.75% from the previous quarter. This position accounts for 0.66% of the $4.63 billion portfolio of Third Avenue Management.

Vice President Johannes C. Schut sold 2,400 shares of MTX stock on 11/21/2012 at the average price of $71.9. Johannes C. Schut owns at least 256 shares after this. The price of the stock has decreased by 41.93% since.