Weekly Guru Bargains Highlights: 8591, 02318, SCCO, LFC, 00135

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Aug 12, 2013
According to GuruFocus updates, these stocks have declined the most since Gurus have bought.

Orix Corporation (8591, Financial): Down 29% Since T. Rowe Price Japan Fund Bought in the Quarter Ended on 2013-03-31

T. Rowe Price Japan Fund added to his holdings in by 2081.46% during the quarter ended 03/31/2013. His purchase prices were between $915 and $12,040, with an estimated average price of $1,986.93. Since then the prices of Orix Corporation shares have declined by 29% from the estimated average. T. Rowe Price Japan Fund owned 329,400 shares of Orix Corporation as of 03/31/2013.

Ping An Insurance Group (02318, Financial): Down 25% Since Matthews Pacific Tiger Fund Bought in the Quarter Ended on 2013-03-31

Matthews Pacific Tiger Fund added to his holdings in by 28.38% during the quarter ended 03/31/2013. His purchase prices were between $59.55 and $71, with an estimated average price of $65.95. Since then the prices of Ping An Insurance Group shares have declined by 25% from the estimated average. Matthews Pacific Tiger Fund owned 24,429,500 shares of Ping An Insurance Group as of 03/31/2013.

Southern Copper Corporation (SCCO, Financial): Down 26% Since Jeremy Grantham Bought in the Quarter Ended on 2013-03-31



Jeremy Grantham added to his holdings in Nonferrous Metals company Southern Copper Corporation by 95.64% during the quarter ended 03/31/2013. His purchase prices were between $35.74 and $41.96, with an estimated average price of $38.64. Since then the prices of Southern Copper Corporation shares have declined by 26% from the estimated average. Jeremy Grantham owned 1,386,700 shares of Southern Copper Corporation as of 03/31/2013.

Southern Copper Corporation was incorporated in Delaware in 1952 and has conducted copper mining operations since 1960. Southern Copper Corporation has a market cap of $24.24 billion; its shares were traded at around $28.79 with a P/E ratio of 15.06 and P/S ratio of 3.91. The dividend yield of Southern Copper Corporation stocks is 11.50%. Southern Copper Corporation had an annual average earnings growth of 14.2% over the past 10 years.

Southern Copper recently reported its financial results for the first six months of 2013. The company announced net income in the first half of 2013 was $868.1 million, 26.7% lower than net income of $1,185 million in the first half of 2012.

Ray Dalio bought 25,000 shares in the quarter that ended on 03/31/2013, which is 0.0085% of the $10.99 billion portfolio of Bridgewater Associates. John Burbank owns 762,943 shares as of 03/31/2013, a decrease of 22.09% of from the previous quarter. This position accounts for 1.1% of the $2.51 billion portfolio of Passport Capital.

Director Bonilla Luis Miguel Palomino sold 1,200 shares of SCCO stock on 05/07/2013 at the average price of $33.10. Bonilla Luis Miguel Palomino owns at least 3,429 shares after this. The price of the stock has decreased by 13.02% since.

China Life Insurance Co. Ltd. (LFC, Financial): Down 24% Since Jim Simons Bought in the Quarter Ended on 2013-03-31



Jim Simons initiated holdings in Life Insurance company China Life Insurance Co. Ltd. during the quarter ended 03/31/2013. His purchase prices were between $39.42 and $52.62, with an estimated average price of $46.98. Since then the prices of China Life Insurance Co. Ltd. shares have declined by 24% from the estimated average. Jim Simons owned 77,861 shares of China Life Insurance Co. Ltd. as of 03/31/2013.

China Life Insurance Co. Ltd. was established in the People's Republic of China on June 30, 2003 as a joint stock company. China Life Insurance Co. Ltd. has a market cap of $67.59 billion; its shares were traded at around $35.87 with a P/E ratio of 26.60 and P/S ratio of 1.09. The dividend yield of China Life Insurance Co. Ltd. stocks is 0.85%. China Life Insurance Co. Ltd. had an annual average earnings growth of 3.1% over the past 10 years.

Kunlun Energy Company Ltd. (00135, Financial): Down 28% Since Signature Select Canadian Fund Bought in the Quarter Ended on 2013-03-31

Signature Select Canadian Fund initiated holdings in Life Insurance company during the quarter ended 03/31/2013. His purchase prices were between $15.66 and $17.12, with an estimated average price of $16.31. Since then the prices of Kunlun Energy Company Ltd. shares have declined by 28% from the estimated average. Signature Select Canadian Fund owned 510,400 shares of Kunlun Energy Company Ltd. as of 03/31/2013.