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Guru Stocks at 52-Week Low: U.S. Bancorp, H.J. Heinz Company, The Clorox Company, M&T Bank Corp, Fastenal Company.
Posted by: guruek (IP Logged)
Date: January 10, 2009 10:01PM

The market was down about 4% last week, and many stocks are plunging deeper and deeper into their 52-week lows. Last week's top five stocks that reached their 52-week lows were U.S. Bancorp, H.J. Heinz Company, The Clorox Company, M&T Bank Corp, and Fastenal Company.

Last week's top two out of favor industries were the Personal and Household Goods and Travel/Leisure industries. 17 stocks in the Personal and Household Goods industry have reached their 52-week lows, while 5 have reached their 52-week high, giving the industry a low/high ratio of 3.4. In the travel/leisure industry, 4 stocks have reached their 52-week lows, while 2 have reached their 52-week highs, giving the Travel/Leisure industry a low/high ratio of 2.

For full details about guru stocks at 52-week lows and more information, click here.

U.S. Bancorp (USB) Reached the 52-Week Low of $22.35

The prices of U.S. Bancorp (USB) shares have declined to close to the 52-week low of $22.35, which is 41.8% off the 52-week high of $37.99. U.S. Bancorp is owned by 12 Gurus we are tracking. Among them, 5 have added to their positions during the past quarter. 5 reduced their positions. U.S. Bancorp is a financial services holding company. The company has a market cap of $42.55 billion; its shares were traded at around $22.35 with a P/E ratio of 9.9 and P/S ratio of 2.1. The dividend yield of U.S. Bancorp stocks is 7.01%. U.S. Bancorp had an annual average earning growth of 13.4% over the past 10 years. GuruFocus rated U.S. Bancorp the business predictability rank of 3.5-star.

U.S. Bancorp recently reported its third quarter 2008 results. The company reported earnings of 32 cents per share, compared to 62 cents per share a year ago. U.S. Bancorp Chairman, President and Chief Executive Officer Richard K. Davis said, “U.S. Bancorp’s third quarter results reflected the underlying strength of our banking franchise and business model, as well as the challenges presented to us by the current operating environment. Strong year-over- year growth in average loans and deposits, an expanded net interest margin and higher fee-based revenue, demonstrated our ability – and on-going opportunity – to provide banking products and services to our growing customer base. Although the Company’s fundamental performance was solid, earnings per diluted common share of $.32 were lower than both the previous quarter of 2008 and the same quarter of 2007, as current market conditions led to valuation losses on certain investments and higher credit costs.”

Ken Heebner bought 883,400 shares in the quarter that ended on 09/30/2008, which is 0.28% of the $11.29 billion portfolio of CAPITAL GROWTH MANAGEMENT LP. Kenneth Fisher owns 18,471 shares as of 09/30/2008, an increase of 10.23% from the previous quarter. Brian Rogers owns 8,500,000 shares as of 09/30/2008, which accounts for 1.64% of the $17.87 billion portfolio of T Rowe Price Equity Income Fund. Wallace Weitz owns 70,000 shares as of 09/30/2008, a decrease of 30% of from the previous quarter. Chris Davis sold out his holdings in the quarter that ended on 09/30/2008.

Legendary investor Warren Buffett owns 72,937,126 shares as of 09/30/2008, which accounts for 3.76% of the $69.89 billion portfolio of Berkshire Hathaway.

Chairman, President and CEO, Director Richard K Davis sold 173,673 shares of USB stock on 08/08/2008 at the average price of $31.42; the price of the stock has decreased by 28.87% since.

H.J. Heinz Company (HNZ) Reached the 52-Week Low of $36.33

The prices of H.J. Heinz Company (HNZ) shares have declined to close to the 52-week low of $36.33, which is 32.0% off the 52-week high of $52.61. H.J. Heinz Company is owned by 3 Gurus we are tracking. Among them, 1 has added to their positions during the past quarter. 1 reduced their positions. H. J. Heinz Company and its subsidiaries manufacture and market an extensive line of processed food products throughout the world. The company has a market cap of $11.66 billion with a P/E ratio of 12.1 and P/S ratio of 1.16. The dividend yield of H.J. Heinz Company stocks is 4.45%. H.J. Heinz Company had an annual average earning growth of 2.4% over the past 10 years.

Kenneth Fisher owns 412,949 shares as of 09/30/2008, which accounts for 0.07% of the $31.63 billion portfolio of Fisher Asset Management, LLC. Bill Nygren owns 1,950,000 shares as of 06/30/2008, which accounts for 2.57% of the $6.39 billion portfolio of Oak Mark Fund. Mark Hillman owns 22,072 shares as of 09/30/2008, a decrease of 27.17% of from the previous quarter. This position accounts for 0.19% of the $569 million portfolio of Hillman Capital Management.

SVP & Chief Admin Officer D Edward I Smyth sold 55,498 shares of HNZ stock on 12/17/2008 at the average price of $39.31; the price of the stock has decreased by 7.58% since.

The Clorox Company (CLX) Reached the 52-Week Low of $52.9

The prices of The Clorox Company (CLX) shares have declined to close to the 52-week low of $52.9, which is 21.8% off the 52-week high of $66.25. The Clorox Company is owned by 3 Gurus we are tracking. Among them, 1 has added to their positions during the past quarter. 2 reduced their positions. Clorox Company's business operations represented by the aggregate of its U.S. Household Products and Canada U.S. Specialty Products and International segments include the production and marketing of non-durable consumer products sold primarily through grocery and other retail stores. The Company has a market cap of $7.55 billion with a P/E ratio of 14 and P/S ratio of 1.43. The dividend yield of The Clorox Company stocks is 3.38%. The Clorox Company had an annual average earning growth of 12.1% over the past 5 years.

The Clorox Company recently reported its first quarter 2009 results. The company announced a diluted earnings per share report of 91 cents per share. The company also reported a 12% growth and 4% volume growth.

Kenneth Fisher owns 397,278 shares as of 09/30/2008, which accounts for 0.08% of the $31.63 billion portfolio of Fisher Asset Management, LLC. John Rogers owns 1,429,762 shares as of 09/30/2008, which accounts for 1.33% of the $6.74 billion portfolio of ARIEL CAPITAL MANAGEMENT LLC. Mark Hillman owns 18,581 shares as of 09/30/2008, which accounts for 0.2% of the $569 million portfolio of Hillman Capital Management.

Executive VP-COO North America Larry Peiros sold 23,375 shares of CLX stock on 11/05/2008 at the average price of $61.94; the price of the stock has decreased by 14.59% since.

M&T Bank Corp. (MTB) Reached the 52-Week Low of $48.1

The prices of M&T Bank Corp. (MTB) shares have declined to close to the 52-week low of $48.1, which is 50.4% off the 52-week high of $97.04. M&T Bank Corp. is owned by 3 Gurus we are tracking. 3 reduced their positions in the company. M&T Bank Corp is a bank holding company with a P/E ratio of 8.3 and P/S ratio of 1.36. The dividend yield of M&T Bank Corp. stocks is 5.06%. M&T Bank Corp. had an annual average earning growth of 10.2% over the past 10 years. GuruFocus rated M&T Bank Corp. the business predictability rank of 4-star.

David Dreman owns 7,230 shares as of 09/30/2008, a decrease of 40.88% of from the previous quarter. This position accounts for 0.01% of the $10.85 billion portfolio of Dreman Value Management. Jean-Marie Eveillard owns 144,886 shares as of 09/30/2008, a decrease of 89.54% of from the previous quarter. This position accounts for 0.13% of the $9.67 billion portfolio of Arnhold & S. Bleichroeder Advisers, LLC. Ruane Cunniff sold out his holdings in the quarter that ended on 09/30/2008.

Legendary investor Warren Buffett owns 6,715,060 shares as of 09/30/2008, which accounts for 0.86% of the $69.89 billion portfolio of Berkshire Hathaway.

Chairman of the Board and CEO, Director Robert G Wilmers sold 100,000 shares of MTB stock on 08/15/2008 at the average price of $74.48; the price of the stock has decreased by 35.42% since.

Fastenal Company (FAST) Reached the 52-Week Low of $33.03

The prices of Fastenal Company (FAST) shares have declined to close to the 52-week low of $33.03, which is 42.5% off the 52-week high of $55.45. Fastenal Company is owned by 3 Gurus we are tracking. 3 reduced their positions in the company.

Fastenal Company sells industrial and construction supplies grouped into eleven product lines. The company has a market cap of $5.05 billion with a P/E ratio of 16.4 and P/S ratio of 2.45. The dividend yield of Fastenal Company stocks is 1.59%. Fastenal Company had an annual average earning growth of 17.7% over the past 10 years. GuruFocus rated Fastenal Company the business predictability rank of 4-star.

Fastenal Company recently reported its third quarter 2008 results. The company announced that its net sales for the nine month period that ended on September 30, 2008 were 16% high than the net sales for the nine month period that ended of September 30, 2007. Third quarter sales were 17% higher than those in 2007.

Ron Baron owns 5,703,571 shares as of 09/30/2008, which accounts for 1.83% of the $15.41 billion portfolio of Baron Funds. Ruane Cunniff owns 13,253,012 shares as of 09/30/2008, which accounts for 6.91% of the $9.47 billion portfolio of Ruane & Cunniff & Goldfarb Inc. Steve Mandel owns 4,593,772 shares as of 09/30/2008, a decrease of 24.95% of from the previous quarter. This position accounts for 4.38% of the $5.18 billion portfolio of Lone Pine Capital.

CEO and President, Director Willard D Oberton sold 25,000 shares of FAST stock on 08/11/2008 at the average price of $52.43; the price of the stock has decreased by 37% since.


Stocks Discussed: USB, HNZ, MTB, CLX, FAST,
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