Guru Bargains: Janus Capital, Nabors Industries, Sears Holdings and EnCana

Last week's top four guru bargain companies for the week were Janus Capital Group Inc (JNS), Nabors Industries Ltd (NBR), Sears Holdings Corp (SHLD), and EnCana Corp (ECA). According to GuruFocus updates, these stocks have declined the most since Gurus have bought.

• Janus Capital Group Inc.: Down 26% Since Brian Rogers Bought In the Quarter Ended on 2008-12-31

Brian Rogers initiated holdings in Investment Services company Janus Capital Group Inc. during the quarter ended 12/31/2008. He owned 2,624,400 shares of as of 12/31/2008. Janus Capital Group Inc. is a leading asset manager offering individual investors and institutional clients complementary asset management disciplines through the firm's global distribution network. The company has a market cap of $839.78 million; its shares were traded at around $6.63 with a P/E ratio of 7.6 and P/S ratio of 0.81. The dividend yield of Janus Capital Group Inc. stocks is 0.75%. Janus Capital Group Inc. had an annual average earning growth of 8.4% over the past 5 years.

Janus Capital Group recently reported its fourth quarter 2008 and full year 2008 results. The company announced that its Fourth quarter earnings from continuing operations were $0.05 per diluted share, and the company's Full-year earnings were $0.86 per diluted share.

Brian Rogers bought 2,624,400 shares in the quarter that ended on 12/31/2008, which is 0.16% of the $13.49 billion portfolio of T Rowe Price Equity Income Fund. Robert Olstein owns 9,000 shares as of 09/30/2008, an increase of 28.57% from the previous quarter. John Keeley owns 296,910 shares as of 09/30/2008, which accounts for 0.08% of the $9.04 billion portfolio of Keeley Fund Management. Richard Perry sold out his holdings in the quarter that ended on 09/30/2008.

CEO, Director Gary D Black sold 8,581 shares of JNS stock on 02/04/2009 at the average price of $5.45; the price of the stock has increased by 21.65% since.

• Nabors Industries Ltd.: Down 55% Since Martin Whitman Bought In the Quarter Ended on 2008-10-31

Martin Whitman added to his holdings in Oil Equipment & Services company Nabors Industries Ltd. by 9.91% during the quarter ended 10/31/2008. He owned 11,090,000 shares of as of 10/31/2008. Nabors Industries Inc. is one of the largest land drilling contractors. It has a market cap of $3.32 billion; its shares were traded at around $11.83 with a P/E ratio of 4.2 and P/S ratio of 0.67. Nabors Industries Ltd. had an annual average earning growth of 26.2% over the pas符t 10 years. GuruFocus rated Nabors Industries Ltd. the business predictability rank of 4.5-star.

Richard Snow bought 60,000 shares in the quarter that ended on 12/31/2008, which is 0.03% of the $2.29 billion portfolio of Snow Capital Management, L.P.. Kenneth Fisher owns 71,571 shares as of 09/30/2008, an increase of 65.77% from the previous quarter. Martin Whitman owns 11,090,000 shares as of 10/31/2008, which accounts for 3.41% of the $4.68 billion portfolio of Third Avenue Value Fund. Ken Heebner and Ronald Muhlenkamp both sold out their holdings in the quarter that ended on 09/30/2008.

Director Alexander M Knaster bought 60,000 shares of NBR stock on 11/13/2008 at the average price of $13.45; the price of the stock has decreased by 12.04% since.

• Sears Holdings Corp.: Down 50% Since Martin Whitman Bought In the Quarter Ended on 2008-10-31

Martin Whitman added to his holdings in Broadline Retailers company Sears Holdings Corp. by 2911.23% during the quarter ended 10/31/2008. He owned 47,457 shares of as of 10/31/2008. Sears Holdings Corporation the parent of Kmart and Sears Roebuck and Co. is the leading home appliance retailer in North America and is a retail sales leader in tools lawn and garden home electronics and automotive repair and maintenance. It has a market cap of $5.46 billion; its shares were traded at around $41.42 with a P/E ratio of 24.5 and P/S ratio of 0.11. Sears Holdings Corp. had an annual average earning growth of 45% over the past 5 years.

Sears Holdings Corp. recently reported its third quarter 2008 results. The company announced a Net loss for the quarter of $1.16 per diluted share ($0.90 per diluted share excluding certain one-time items) as compared to net income of $0.03 per diluted share in the third quarter of 2007.Total sales were $10.7 billion in the third quarter of fiscal 2008, with a decline in domestic comparable store sales of 9.0% as compared to the third quarter of fiscal 2007.

Martin Whitman bought 1,576 shares in the quarter that ended on 07/31/2008, which is less than 0.01% of the $4.68 billion portfolio of Third Avenue Value Fund. Bruce Berkowitz owns 14,596,690 shares as of 09/30/2008, which accounts for 14.42% of the $9.54 billion portfolio of Fairholme Capital Managment. Third Avenue Management sold out their holdings in the quarter that ended on 09/30/2008. David Einhorn sold out his holdings in the quarter that ended on 09/30/2008.

Director Richard C Perry sold 397,952 shares of SHLD stock on 12/18/2008 at the average price of $40; the price of the stock has increased by 3.55% since.

• EnCana Corp.: Down 23% Since Martin Whitman Bought In the Quarter Ended on 2008-10-31

Martin Whitman added to his holdings in Integrated Oil & Gas company EnCana Corp. by 23.93% during the quarter ended 10/31/2008. He owned 776,800 shares of as of 10/31/2008. EnCana Corporation is one of the world's largest independent natural gas producers and gas storage operators. EnCana Corp. has a market cap of $33.06 billion; its shares were traded at around $46.05 with a P/E ratio of 6.9 and P/S ratio of 1.54. The dividend yield of EnCana Corp. stocks is 3.63%. EnCana Corp. had an annual average earning growth of 34% over the past 5 years.

EnCana Corp recently reported its third quarter 2008 results. The company announced that its operating earnings were up 40%. Natural gas and oil production increased 6%.

Randy Eresman, EnCana's President & Chief Executive Officer, said:

These strong financial results in the third quarter are a reflection of the company's focus on operating excellence and capital discipline. EnCana's prudent financial approach and low-risk business model allow us to capture the upside during times of higher commodity prices as well as sustain us through a volatile natural gas and oil pricing environment.

Martin Whitman owns 776,800 shares as of 10/31/2008, an increase of 23.93% from the previous quarter. This position accounts for 0.85% of the $4.68 billion portfolio of Third Avenue Value Fund. Third Avenue Management owns 1,569,850 shares as of 09/30/2008, which accounts for 1.38% of the $4.78 billion portfolio of Third Avenue Management. Dodge & Cox owns 24,195 shares as of 12/31/2008, a decrease of 23.18% of from the previous quarter. This position accounts for less than 0.01% of the $65.51 billion portfolio of Dodge & Cox.

For the complete list of stocks that Guru Bargains, go to: Value Bargains of Gurus.

Comments

[User 355929:]

Most interested in SHLD

Feb 12 02:36 PM

[pony2282:]

If anyone is foolish enough to buy into Sears Holdings, they deserve to lose their money because they have never set foot in a Sears or Kmart in the last 20 years. There is no way this Sears is being honest about the numbers they are reporting…it’s so much worse then they we all know.

Feb 12 10:44 PM

[sticktoitiv...:]

pony2282

I have been there. In the last 2 years the local kmart & sears have actually improved remarkably. The Kmart has changed its product mix & kmart & sears are seeing more traffic. My local kmart is also seeing a demographic change, formally I was the only relatively young person when I entered the store. This has changed. Over the last year more midlife couples were there, and in my last visit, in December of last year I even saw a set of teenage girls.

Maybe you should set foot in a store more than once every twenty years.

Feb 13 12:16 PM

[DrT:]

Anybody that writes "formally" when they mean "formerly" needs more sticktoitiveness.


On Feb 13 12:16 PM sticktoitiveness wrote:

> pony2282
>
> I have been there. In the last 2 years the local kmart & sears
> have actually improved remarkably. The Kmart has changed its product
> mix & kmart & sears are seeing more traffic. My local kmart
> is also seeing a demographic change, formally I was the only relatively
> young person when I entered the store. This has changed. Over the
> last year more midlife couples were there, and in my last visit,
> in December of last year I even saw a set of teenage girls.
>
> Maybe you should set foot in a store more than once every twenty
> years.

Feb 14 12:46 AM

[sticktoitiv...:]

formerly
At a time in the past: already, before, earlier, erstwhile, once, previously. Archaic aforetime, beforetime

formally
adj.

1.
1. Relating to or involving outward form or structure.
2. Being or relating to essential form or constitution: a formal principle.
2.
1. Following or being in accord with accepted forms, conventions, or regulations: had little formal education; went to a formal party.
2. Executed, carried out, or done in proper or regular form: a formal reprimand; a formal document.
3.
1. Characterized by strict or meticulous observation of forms; methodical: very formal in their business transactions.
2. Stiffly ceremonious: a formal manner; a formal greeting; a formal bow to the monarch.
4. Having the outward appearance but lacking in substance: a formal requirement that is usually ignored.
On Feb 14 12:46 AM DrT wrote:

> Anybody that writes "formally" when they mean "formerly" needs more
> sticktoitiveness.
>
>
> On Feb 13 12:16 PM sticktoitiveness wrote:

Feb 14 04:35 AM

[sticktoitiv...:]

answers.com, forgot reference

Feb 14 04:41 AM

[oldman:]

If SHLD is a good investment, it seems the less than investment grade bonds due 2011 and selling around 75 are much better. Why doesn't he own these?

Feb 19 09:10 PM