The stock market had its worst performances in decades. If you are scared, maybe you should be greedy instead. These days you can buy almost any stock at prices lower than Gurus have paid. These are some of the guru bargain companies for the week of October 5, 2008 . Related companies: Continental Airlines Inc, W.R. Berkley Corp, The Travelers Companies Inc, H.B. Fuller Company, and Ltd. Brands Inc.
Continental Airlines Inc. (CAL, Financial): Down 31% Since George Soros Bought In the Quarter Ended on 06/30/2008
George Soros initiated holdings in Airlines company Continental Airlines Inc. during the quarter ended 06/30/2008 . He owned 46,200 shares of as of 06/30/2008 . Continental Airlines Inc. is one of the largest airlines in the U.S. offering departures daily to domestic and international destinations. It has a market cap of $1.25 billion; its shares were traded at around $11.4 with a P/E ratio of 8.89 and P/S ratio of 0.08.
George Soros bought 46,200 shares in the quarter that ended on 06/30/2008 . PRIMECAP Management owns 61,000 shares as of 06/30/2008 . David Tepper sold out his holdings in the quarter that ended on 06/30/2008 . Continental was traded at around $50 in Jan. 2007. High oil prices certainly took tolls from Continental operations.
W.R. Berkley Corp. (WRB, Financial): Down 31% Since Richard Perry Bought In the Quarter Ended on 06/30/2008
Richard Perry added to his holdings in W.R. Berkley Corp. by 157.54% during the quarter ended 06/30/2008 . He owned 1,080,767 shares of as of 06/30/2008 . W. R. Berkley Corporation is an insurance holding company which through its subsidiaries operates in all segments of the property casualty insurance business. It has a market cap of $2.99 billion with a P/E ratio of 5.33 and P/S ratio of 0.55. The dividend yield of W.R. Berkley Corp. stocks is 1%.
Barron's said in its Sept. 29 edition that WR Berkley Corp could go up in 2009 as the price for insurance improves. It said that WRB will be traded at around $30 in 2009, compared to its close of $23.75 on Sept. 10.
Richard Perry owns 1,080,767 shares as of 06/30/2008 , an increase of 157.54% from the previous quarter. Ruane Cunniff owns 301,000 shares as of 06/30/2008 . Robert Olstein owns 633,100 shares as of 06/30/2008 . Kenneth Fisher sold out his holdings in the quarter that ended on 06/30/2008 .
SVP - Investments James G Shiel bought 40 shares of WRB stock on 04/21/2008 at the average price of $27.03; the price of the stock has decreased by 32.11% since.
The Travelers Companies Inc. (TRV, Financial): Down 37% Since Irving Kahn Bought In the Quarter Ended on 06/30/2008
Irving Kahn added to his holdings in The Travelers Companies Inc. by 208.09% during the quarter ended 06/30/2008 . He owned 107,731 shares of as of 06/30/2008 . St. Paul Travelers is a leading provider of commercial property-liability insurance and asset management services with a market cap of $18.02 billion, a P/E ratio of 4.66 and P/S ratio of 0.71. The dividend yield of The Travelers Companies Inc. stocks is 3.09%.
An analyst from Citigroup recently upgraded its rating on TRV from a Hold to a Buy. He said that the company would gain market share and that the Property and Casualty Insurance companies are starting to recover.
Chris Davis bought 64,700 shares in the quarter that ended on 06/30/2008 . Irving Kahn owns 107,731 shares as of 06/30/2008 , an increase of 208.09% from the previous quarter. NWQ Managers owns 112,700 shares as of 06/30/2008 . David Dreman owns 548,270 shares as of 06/30/2008 . Kenneth Fisher owns 6,164 shares as of 06/30/2008 Brian Rogers owns 2,500,000 shares as of 06/30/2008 . HOTCHKIS & WILEY owns 1,535,480 shares as of 06/30/2008 , a decrease of 34.38% of from the previous quarter. Richard Snow owns 87,361 shares as of 06/30/2008 , a decrease of 46.63% of from the previous quarter.
H.B. Fuller Company (FUL, Financial): Down 38% Since Kenneth Fisher Bought In the Quarter Ended on 06/30/2008
Kenneth Fisher added to his holdings in H.B. Fuller Company by 23.05% during the quarter ended 06/30/2008 . He owned 1,514,599 shares of as of 06/30/2008 . H.B. Fuller Company is a worldwide manufacturer and marketer of adhesives sealants coatings paints and other specialty chemical products. The company has a market cap of $702.24 million; its shares were traded at around $14.5 with a P/E ratio of 9.10 and P/S ratio of 0.50. The dividend yield of H.B. Fuller Company stocks is 1.39%.
FUL H.B. recently announced a quarterly dividend of 6.6 cents, which will be payable Oct. 30 to shareholders of record on Oct. 16.
Kenneth Fisher owns 1,514,599 shares as of 06/30/2008 , an increase of 23.05% from the previous quarter. This position accounts for 0.09% of the $38.68 billion portfolio of Fisher Asset Management, LLC. George Soros sold out his holdings in the quarter that ended on 06/30/2008 .
Ltd. Brands Inc. (LTD, Financial): Down 30% Since Richard Perry Bought In the Quarter Ended on 06/30/2008
Richard Perry added to his holdings in Ltd. Brands Inc. by 21.13% during the quarter ended 06/30/2008 . He owned 751,000 shares of as of 06/30/2008 . The Limited Inc. is principally engaged in the purchase distribution and sale of women's men's and children's apparel women's intimate apparel personal care products and a wide variety of sporting goods. The company has a market cap of $4.34 billion; its shares were traded at around $12.76 with a P/E ratio of 7.45 and P/S ratio of 0.47. The dividend yield of Ltd. Brands Inc. stocks is 3.78%.
LTD recently announced that its same store sales dropped about 6%. Same store sales are very important indicators of retail companies’ performances. The company announced sales of $673.4 million for the past five weeks, which is 5.6% lower than $713.2 million a year earlier.
Richard Perry owns 751,000 shares as of 06/30/2008 , an increase of 21.13% from the previous quarter. HOTCHKIS & WILEY owns 16,047,300 shares as of 06/30/2008 . Bill Nygren owns more than 10 million shares as of 06/30/2008 .
CEO/P VS Megabrand Int App Grp Sharen J Turney sold 166,002 shares of LTD stock on 08/27/2008 at the average price of $20.35; the price of the stock has decreased by 37.3% since.
Continental Airlines Inc. (CAL, Financial): Down 31% Since George Soros Bought In the Quarter Ended on 06/30/2008
George Soros initiated holdings in Airlines company Continental Airlines Inc. during the quarter ended 06/30/2008 . He owned 46,200 shares of as of 06/30/2008 . Continental Airlines Inc. is one of the largest airlines in the U.S. offering departures daily to domestic and international destinations. It has a market cap of $1.25 billion; its shares were traded at around $11.4 with a P/E ratio of 8.89 and P/S ratio of 0.08.
George Soros bought 46,200 shares in the quarter that ended on 06/30/2008 . PRIMECAP Management owns 61,000 shares as of 06/30/2008 . David Tepper sold out his holdings in the quarter that ended on 06/30/2008 . Continental was traded at around $50 in Jan. 2007. High oil prices certainly took tolls from Continental operations.
W.R. Berkley Corp. (WRB, Financial): Down 31% Since Richard Perry Bought In the Quarter Ended on 06/30/2008
Richard Perry added to his holdings in W.R. Berkley Corp. by 157.54% during the quarter ended 06/30/2008 . He owned 1,080,767 shares of as of 06/30/2008 . W. R. Berkley Corporation is an insurance holding company which through its subsidiaries operates in all segments of the property casualty insurance business. It has a market cap of $2.99 billion with a P/E ratio of 5.33 and P/S ratio of 0.55. The dividend yield of W.R. Berkley Corp. stocks is 1%.
Barron's said in its Sept. 29 edition that WR Berkley Corp could go up in 2009 as the price for insurance improves. It said that WRB will be traded at around $30 in 2009, compared to its close of $23.75 on Sept. 10.
Richard Perry owns 1,080,767 shares as of 06/30/2008 , an increase of 157.54% from the previous quarter. Ruane Cunniff owns 301,000 shares as of 06/30/2008 . Robert Olstein owns 633,100 shares as of 06/30/2008 . Kenneth Fisher sold out his holdings in the quarter that ended on 06/30/2008 .
SVP - Investments James G Shiel bought 40 shares of WRB stock on 04/21/2008 at the average price of $27.03; the price of the stock has decreased by 32.11% since.
The Travelers Companies Inc. (TRV, Financial): Down 37% Since Irving Kahn Bought In the Quarter Ended on 06/30/2008
Irving Kahn added to his holdings in The Travelers Companies Inc. by 208.09% during the quarter ended 06/30/2008 . He owned 107,731 shares of as of 06/30/2008 . St. Paul Travelers is a leading provider of commercial property-liability insurance and asset management services with a market cap of $18.02 billion, a P/E ratio of 4.66 and P/S ratio of 0.71. The dividend yield of The Travelers Companies Inc. stocks is 3.09%.
An analyst from Citigroup recently upgraded its rating on TRV from a Hold to a Buy. He said that the company would gain market share and that the Property and Casualty Insurance companies are starting to recover.
Chris Davis bought 64,700 shares in the quarter that ended on 06/30/2008 . Irving Kahn owns 107,731 shares as of 06/30/2008 , an increase of 208.09% from the previous quarter. NWQ Managers owns 112,700 shares as of 06/30/2008 . David Dreman owns 548,270 shares as of 06/30/2008 . Kenneth Fisher owns 6,164 shares as of 06/30/2008 Brian Rogers owns 2,500,000 shares as of 06/30/2008 . HOTCHKIS & WILEY owns 1,535,480 shares as of 06/30/2008 , a decrease of 34.38% of from the previous quarter. Richard Snow owns 87,361 shares as of 06/30/2008 , a decrease of 46.63% of from the previous quarter.
H.B. Fuller Company (FUL, Financial): Down 38% Since Kenneth Fisher Bought In the Quarter Ended on 06/30/2008
Kenneth Fisher added to his holdings in H.B. Fuller Company by 23.05% during the quarter ended 06/30/2008 . He owned 1,514,599 shares of as of 06/30/2008 . H.B. Fuller Company is a worldwide manufacturer and marketer of adhesives sealants coatings paints and other specialty chemical products. The company has a market cap of $702.24 million; its shares were traded at around $14.5 with a P/E ratio of 9.10 and P/S ratio of 0.50. The dividend yield of H.B. Fuller Company stocks is 1.39%.
FUL H.B. recently announced a quarterly dividend of 6.6 cents, which will be payable Oct. 30 to shareholders of record on Oct. 16.
Kenneth Fisher owns 1,514,599 shares as of 06/30/2008 , an increase of 23.05% from the previous quarter. This position accounts for 0.09% of the $38.68 billion portfolio of Fisher Asset Management, LLC. George Soros sold out his holdings in the quarter that ended on 06/30/2008 .
Ltd. Brands Inc. (LTD, Financial): Down 30% Since Richard Perry Bought In the Quarter Ended on 06/30/2008
Richard Perry added to his holdings in Ltd. Brands Inc. by 21.13% during the quarter ended 06/30/2008 . He owned 751,000 shares of as of 06/30/2008 . The Limited Inc. is principally engaged in the purchase distribution and sale of women's men's and children's apparel women's intimate apparel personal care products and a wide variety of sporting goods. The company has a market cap of $4.34 billion; its shares were traded at around $12.76 with a P/E ratio of 7.45 and P/S ratio of 0.47. The dividend yield of Ltd. Brands Inc. stocks is 3.78%.
LTD recently announced that its same store sales dropped about 6%. Same store sales are very important indicators of retail companies’ performances. The company announced sales of $673.4 million for the past five weeks, which is 5.6% lower than $713.2 million a year earlier.
Richard Perry owns 751,000 shares as of 06/30/2008 , an increase of 21.13% from the previous quarter. HOTCHKIS & WILEY owns 16,047,300 shares as of 06/30/2008 . Bill Nygren owns more than 10 million shares as of 06/30/2008 .
CEO/P VS Megabrand Int App Grp Sharen J Turney sold 166,002 shares of LTD stock on 08/27/2008 at the average price of $20.35; the price of the stock has decreased by 37.3% since.
