David Einhorn must GNW hum wellpoint

Stocks Trading for Less Than David Einhorn Paid for Them

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Humana Inc. is a health services company that facilitates the delivery of health care services through networks of providers to its medical members. Humana Inc. has a market cap of $11.37 billion; its shares were traded at around $69.67 with a P/E ratio of 9.4 and P/S ratio of 0.3. The dividend yield of Humana Inc. stocks is 1.5%. Humana Inc. had an annual average earnings growth of 23.5% over the past 10 years. GuruFocus rated Humana Inc. the business predictability rank of 5-star.
Humana shares also tumbled in July when it lowered its full-year 2012 EPS guidance due to “short-term operational challenges,” such as “higher-than-previously expected individual Medicare Advantage benefit ratios associated with new members and increased utilization for both new and existing members.”
In the second quarter, Humana’s revenues were $9.7 billion, a 4% increase from the previous year, primarily due to increases in its retail and employer group segments driven by increases in its individual and group Medicare Advantage plans membership.
Cash on Humana’s balance sheet increased to $1.3 billion at quarter end from $225 million at the end of the first quarter, primarily due to the operating subsidiaries paying higher dividends to the parent company, and partially offset by share repurchases and a cash dividend.
Genworth Financial (GNW)
Einhorn purchased 658,700 shares in the second quarter of 2012 at an average price of $6. The stock has declined 13% since then to trade for $5.24 per share on Wednesday.
Genworth Financial is an insurance company in the U.S. Genworth Financial Inc. has a market cap of $2.79 billion; its shares were traded at around $5.24 with a P/E ratio of 9.4 and P/S ratio of 0.3.
Genworth’s stock price fell in April when the company announced that it would push back the IPO for 40% of its Australian mortgage insurance business from the second quarter of 2012 to early 2013. The postponement was due to recent business performance in Australia. In the 2012 first quarter, Genworth expects its Australian segment to post a loss due to accelerated processing of later-stage delinquencies from previous years.
For more stocks available for less than Gurus paid for them, see GuruFocus’ Guru Bargains Screener.