Weekly Guru Bargains Highlights: MBI, VRTX, GRPN, PBI, PC

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

Mitsubishi Corporation ( MBI ): Down 22% Since Steven Cohen Bought in the Quarter Ended on 9-30-2012

Steven Cohen added to his holdings in Property & Casualty Insurance company MBIA Inc. by 1635.9% during the quarter ended 9/30/2012. His purchase prices were between $8.88 and $11.85, with an estimated average price of $10.47. Since then the prices of Mitsubishi Corp. shares have declined by 22% from the estimated average. Steven Cohen owned 137,969 shares of as of 9/30/2012.

MBIA Inc. was formed as a business corporation under the laws of the state of Connecticut in 1986. It has a market cap of $1.63 billion; its shares were traded at around $7.95 with a P/E ratio of 3.5 and P/S ratio of 1.82.

Prem Watsa owns 30,000 shares as of 9/30/2012, which accounts for 0.016% of the $1.85 billion portfolio of Fairfax Financial Holdings. Irving Kahn owns 2,940,741 shares as of 9/30/2012, which accounts for 5.3% of the $558 million portfolio of Kahn Brothers. Bruce Berkowitz owns 44,287,170 shares as of 9/30/2012, which accounts for 6.4% of the $7 billion portfolio of Fairholme Capital Management.

Vertex Pharmaceuticals ( VRTX ): Down 21% Since Daniel Loeb Bought in the Quarter Ended on 9-30-2012

Daniel Loeb added to his holdings in Biotechnology company Vertex Pharmaceuticals by 40% during the quarter ended 9/30/2012. His purchase prices were between $48.38 and $59.07, with an estimated average price of $53.50. Since then the prices of Vertex Pharmaceuticals shares have declined by 21% from the estimated average. Daniel Loeb owned 700,000 shares of as of 9/30/2012.

Vertex Pharmaceuticals was incorporated in Massachusetts in 1989. Vertex Pharmaceuticals has a market cap of $8.43 billion; its shares were traded at around $41.84 with a P/E ratio of 26.09 and P/S ratio of 5.98.

VRTX recently reported its third quarter 2012 financial results. Vertex reported total revenues of approximately $336 million for the third quarter of 2012.

David Williams bought 550,000 shares in the quarter that ended on 12/31/2011, which is 0.41% of the $4.48 billion portfolio of Columbia Value and Restructuring Fund. Daniel Loeb owns 700,000 shares as of 9/30/2012, an increase of 40% from the previous quarter. This position accounts for 0.77% of the $5.07 billion portfolio of Third Point LLC. NWQ Managers owns 207,963 shares as of 9/30/2012, an increase of 10.13% from the previous quarter. This position accounts for 0.084% of the $13.88 billion portfolio of NWQ Investment Management Co.

Executive Vice President and CFO Ian F. Smith sold 6,042 shares of VRTX stock on 11/16/2012 at the average price of 41.26. Smith owns at least 23,311 shares after this. The price of the stock has increased by 1.41% since. Other insiders have also decreased their positions in the company.

Groupon Inc. ( GRPN ): Down 27% Since George Soros Bought in the Quarter Ended on 9-30-2012

George Soros initiated holdings in Specialty Retailers company Groupon Inc. during the quarter ended 9/30/2012. His purchase prices were between $4.15 and $9.51, with an estimated average price of $6.25. Since then the prices of Groupon Inc. shares have declined by 27% from the estimated average. George Soros owned 2,500,000 shares of as of 9/30/2012.

Groupon is incorporated in the state of Delaware. The group was founded in 2008. Groupon Inc. has a market cap of $3.06 billion; its shares were traded at around $4.93 with and P/S ratio of 1.88.

GRPN recently announced financial results for the quarter ended Sept. 30, 2012. Revenue increased 32% year-over-year to $568.6 million in the third quarter 2012, compared with $430.2 million in the third quarter 2011. Excluding the $26 million unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, revenue growth was 38% compared with third quarter 2011.

George Soros bought 2,500,000 shares in the quarter that ended on 9/30/2012, which is 0.19% of the $6.2 billion portfolio of Soros Fund Management LLC. Joel Greenblatt bought 77,453 shares in the quarter that ended on 9/30/2012, which is 0.025% of the $1.5 billion portfolio of Gotham Capital. John Burbank bought 56,723 shares in the quarter that ended on 9/30/2012, which is 0.012% of the $2.19 billion portfolio of Passport Capital. Lee Ainslie sold out his holdings in the quarter that ended on 9/30/2012.

CFO Jason Child sold 55,000 shares of GRPN stock on 7/31/2012 at the average price of 6.87. Jason Child owns at least 182,525 shares after this. The price of the stock has decreased by 28.24% since.

Pitney Bowes Inc. ( PBI ): Down 22% Since Chase Coleman Bought in the Quarter Ended on 09-30-2012

Chase Coleman initiated holdings in Electronic Office Equipment company Pitney Bowes Inc. during the quarter ended 9/30/2012. His purchase prices were between $12.91 and $15.27, with an estimated average price of $13.85. Since then the prices of Pitney Bowes Inc. shares have declined by 22% from the estimated average. Chase Coleman owned 150,000 shares of as of 9/30/2012.

Pitney Bowes Inc. was incorporated in the state of Delaware on April 23, 1920, as the Pitney Bowes Postage Meter Company. Pitney Bowes Inc. has a market cap of $2.19 billion; its shares were traded at around $10.67 with a P/E ratio of 5.2 and P/S ratio of 0.42. The dividend yield of Pitney Bowes Inc. stocks is 13.72%.

PBI recently reported its third quarter 2012 financial results. The company announced revenues of $1.2 billion, as well as adjusted EPS of 47 cents per share. GAAP earnings per share were 38 cents.

Joel Greenblatt owns 503,303 shares as of 9/30/2012, an increase of 93.23% from the previous quarter. This position accounts for 0.47% of the $1.5 billion portfolio of Gotham Capital. Dodge & Cox owns 2,741,382 shares as of 9/30/2012, which accounts for 0.049% of the $76.68 billion portfolio of Dodge & Cox. NWQ Managers owns 6,010,690 shares as of 9/30/2012, which accounts for 0.6% of the $13.88 billion portfolio of NWQ Investment Management Co.

Pirelli & C ( PC ): Down 23% Since Steven Cohen Bought in the Quarter Ended on 9-30-2012

Steven Cohen added to his holdings in Consumer Electronics company Panasonic Corporation by 24.91% during the quarter ended 9/30/2012. His purchase prices were between $6.19 and $8.05, with an estimated average price of $7.08. Since then the prices of Pirelli & C shares have declined by 23% from the estimated average. Steven Cohen owned 13,547 shares of as of 9/30/2012.

PC recently reported its financial results for the nine months ended Sept. 30, 2012. Revenues were 4,574.1 million euro, an increase of 7.2% compared with 4,265.8 million euro in September 2011.

Panasonic Corp., formerly known as Matsushita Electric Industrial Co. Panasonic Corporation has a market cap of $11.81 billion; its shares were traded at around $5.71 with and P/S ratio of 0.12. The dividend yield of Panasonic Corporation stocks is 1.08%. Panasonic Corporation had an annual average earnings growth of 3.3% over the past 10 years.

Dodge & Cox owns 29,026,188 shares as of 9/30/2012, which accounts for 0.25% of the $76.68 billion portfolio of Dodge & Cox.About GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the world's best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members .



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing

Referenced Stocks: GRPN , MBI , PBI , PC , VRTX

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