The market was up over 10% last week, the first week's gain in many weeks. Last week's top five stocks that reached their 52-week lows were McDonald's Corp, DIAGEO plc, Progress Energy Inc, Wisconsin Energy Corp, and Ameren Corp. According to GuruFocus updates, these Guru stocks have reached their 52-week lows.
Last week's top two out of favor industries were the Banking and Industrial Goods and Services industries. 22 banks have reached their 52-week lows, while 2 have reached their 52-week lows, giving the industry a low/high ratio of 11. In the Industrial Goods and Services industry, 26 stocks have reached their 52-week lows, while 4 have reached their 52-week lows, giving the company a low/high ratio of 6.5.
For full details on guru stocks at 52-week lows and more information, click here.
McDonald's Corp. (MCD, Financial) Reached the 52-Week Low of $52.38
The prices of McDonald's Corp. (MCD) shares have declined to close to the 52-week low of $52.38, which is 22.9% off the 52-week high of $65.95. McDonald's Corp. is owned by 10 Gurus we are tracking. Among them, 1 has added to their positions during the past quarter. 10 reduced their positions.
McDonald's Corporation develops operates franchises and services a worldwide system of restaurants that prepare assemble package and sell a limited menu of value-priced foods. The company has a market cap of $58.33 billion; its shares were traded at around $52.38 with a P/E ratio of 14.4 and P/S ratio of 2.5. The dividend yield of McDonald's Corp. stocks is 3.8%. McDonald's Corp. had an annual average earning growth of 7.2% over the past 10 years.
McDonald's recently reported its fourth quarter and full year 2008 results. The company announced that its operating income increased 8% in the U.S., 23% in Europe, (17% in constant currencies) and 33% in Asia/Pacific, Middle East and Africa (28% in constant currencies)
Gurus the own the company include: Bill Nygren owns 1,594,000 shares as of 06/30/2008, which accounts for 2.47% of the $6.39 billion portfolio of Oak Mark Fund. Dodge & Cox owns 828,208 shares as of 12/31/2008, a decrease of 25.68% of from the previous quarter. This position accounts for 0.08% of the $65.51 billion portfolio of Dodge & Cox.
Buy: Vice Chairman and CEO, Director James A Skinner bought 20,000 shares of MCD stock on 10/23/2008 at the average price of $55; the price of the stock has decreased by 4.76% since.
DIAGEO plc (DEO, Financial) Reached the 52-Week Low of $42.79
The prices of DIAGEO plc (DEO) shares have declined to close to the 52-week low of $42.79, which is 52.2% off the 52-week high of $85.99. DIAGEO plc is owned by 6 Gurus we are tracking. 5 reduced their positions in the company.
Diageo is an multinational branded food and drinks company. It has a market cap of $26.76 billion; its shares were traded at around $42.79 with and P/S ratio of 1.7. The dividend yield of DIAGEO plc stocks is 5.5%. DIAGEO plc had an annual average earning growth of 12.1% over the past 10 years.
Wallace Weitz owns 10,000 shares as of 12/31/2008. Bill Nygren owns 1,021,000 shares as of 06/30/2008. Tom Gayner owns 1,258,856 shares as of 12/31/2008. Tweedy Browne owns 631,747 shares as of 12/31/2008. Ron Baron owns 49,000 shares as of 12/31/2008. Chris Davis owns 5,342,259 shares as of 12/31/2008. Dodge & Cox sold out his holdings in the quarter that ended on 12/31/2008.
Progress Energy Inc. (PGN, Financial) Reached the 52-Week Low of $32.34
The prices of Progress Energy Inc. (PGN) shares have declined to close to the 52-week low of $32.34, which is 30.0% off the 52-week high of $45.03. Progress Energy Inc. is owned by 6 Gurus we are tracking. All of them reduced their positions in the company.
CP & L Energy Inc. is primarily engaged in the generation transmission, distribution, and sale of electricity in portions of North and South Carolina and Florida and the transmission distribution and sale of natural gas in portions of North Carolina. The company has a market cap of $8.93 billion; its shares were traded at around $32.34 with a P/E ratio of 10.9 and P/S ratio of 0.9. The dividend yield of Progress Energy Inc. stocks is 7.7%. Progress Energy Inc. had an annual average earning growth of 0.4% over the past 10 years.
Progress Energy recently reported its fourth quarter and full year 2008 results. The company said that its fourth-quarter GAAP earnings were $0.41 per share, compared to $0.40 per share for the same period last year. For the full year of 2008, GAAP earnings were $3.19 per share, compared to $1.97 per share in 2007. This increase was mainly caused by the divestiture of non-utility businesses.
Gurus who own the company: Kenneth Fisher owns 11,827 shares as of 09/30/2008. NWQ Managers owns 93,401 shares as of 12/31/2008. David Dreman owns 91,000 shares as of 12/31/2008. Brian Rogers owns 3,000,000 shares as of 12/31/2008. Dodge & Cox owns 11,650 shares as of 12/31/2008. Richard Aster Jr owns 648,000 shares as of 12/31/2008, a decrease of 25.67% of from the previous quarter. This position accounts for 1.33% of the $1.94 billion portfolio of Meridian Fund.
Sell: Director Carlos A Saladrigas sold 3,600 shares of PGN stock on 11/13/2008 at the average price of $39.42; the price of the stock has decreased by 17.96% since.
Wisconsin Energy Corp. (WEC, Financial) Reached the 52-Week Low of $38.04
The prices of Wisconsin Energy Corp. (WEC) shares have declined to close to the 52-week low of $38.04, which is 24.8% off the 52-week high of $48.63. Wisconsin Energy Corp. is owned by 3 Gurus we are tracking. Among them, 1 has added to their positions during the past quarter. 1 reduced their positions.
Wisconsin Energy Corp. is a holding company with subsidiaries in utility and non-utility businesses. The company has a market cap of $4.45 billion; its shares were traded at around $38.04 with a P/E ratio of 12.6 and P/S ratio of 1. The dividend yield of Wisconsin Energy Corp. stocks is 3.6%. Wisconsin Energy Corp. had an annual average earning growth of 5.1% over the past 10 years.
Wisconsin Energy Corp. recently reported its fourth quarter and full year 2008 results. Wisconsin Energy reported earnings from continuing operations of $100 million, or 85 cents per share for the fourth quarter of 2008. This compares with earnings from continuing operations of $95 million or 80 cents per share for the final quarter of 2007. Fourth quarter revenues were $1.20 billion in 2008, compared with $1.15 billion in the same period last year. For the full year 2008, revenues were $4.43 billion, compared with $4.24 billion in 2007.
HOTCHKIS & WILEY bought 2,052,000 shares in the quarter that ended on 12/31/2008, which is 0.82% of the $10.45 billion portfolio of HOTCHKIS & WILEY Capital Management LLC. Dodge & Cox owns 11,000 shares as of 12/31/2008, which accounts for less than 0.01% of the $65.51 billion portfolio of Dodge & Cox. Richard Pzena owns 3,409,243 shares as of 12/31/2008, a decrease of 39.65% of from the previous quarter. This position accounts for 1.66% of the $8.6 billion portfolio of Pzena Investment Management LLC.
Sell: Director Robert A Cornog sold 3,000 shares of WEC stock on 01/27/2009 at the average price of $45.5; the price of the stock has decreased by 16.4% since.
Ameren Corp. (AEE, Financial) Reached the 52-Week Low of $20.16
The prices of Ameren Corp. (AEE) shares have declined to close to the 52-week low of $20.16, which is 58.6% off the 52-week high of $47.75. Ameren Corp. is owned by 3 Gurus we are tracking. 2 have added to their positions during the past quarter. 1 reduced his position in the company.
Ameren Corporation companies provide energy services customers in Missouri and Illinois. It has a market cap of $4.28 billion; its shares were traded at around $20.16 with a P/E ratio of 6.9 and P/S ratio of 0.5. The dividend yield of Ameren Corp. stocks is 12.7%. Ameren Corp. had an annual average earning growth of 0.6% over the past 10 years. GuruFocus rated Ameren Corp. the business predictability rank of 2-star.
Ameren recently reported its full year 2008 results. The company said that its full year net income was $605 million, or $2.88 per share, compared to 2007 GAAP net income of $618 million, or $2.98 per share. "Despite recent rate increases in Missouri and Illinois, as well as our proactive sales of 2009 non-rate-regulated generation in early 2008, we believe our 2009 core earnings will be relatively flat compared to our 2008 core earnings. We believe that the weak economy, the volatile commodity markets, and unprecedented strains in the capital and credit markets will result in lower regulated customer sales versus 2008, lower power prices for unsold non-rate-regulated generation, and higher financing costs throughout 2009 and perhaps longer," said Gary L. Rainwater, chairman, president and chief executive officer.
John Hussman owns 150,000 shares as of 12/31/2008, an increase of 200% from the previous quarter. This position accounts for 0.15% of the $3.37 billion portfolio of Hussman Economtrics Advisors, Inc.. Kenneth Fisher owns 13,143 shares as of 09/30/2008, which accounts for less than 0.01% of the $31.63 billion portfolio of Fisher Asset Management, LLC. David Dreman owns 97,800 shares as of 12/31/2008, which accounts for 0.04% of the $7.73 billion portfolio of Dreman Value Management.
Last week's top two out of favor industries were the Banking and Industrial Goods and Services industries. 22 banks have reached their 52-week lows, while 2 have reached their 52-week lows, giving the industry a low/high ratio of 11. In the Industrial Goods and Services industry, 26 stocks have reached their 52-week lows, while 4 have reached their 52-week lows, giving the company a low/high ratio of 6.5.
For full details on guru stocks at 52-week lows and more information, click here.
McDonald's Corp. (MCD, Financial) Reached the 52-Week Low of $52.38
The prices of McDonald's Corp. (MCD) shares have declined to close to the 52-week low of $52.38, which is 22.9% off the 52-week high of $65.95. McDonald's Corp. is owned by 10 Gurus we are tracking. Among them, 1 has added to their positions during the past quarter. 10 reduced their positions.
McDonald's Corporation develops operates franchises and services a worldwide system of restaurants that prepare assemble package and sell a limited menu of value-priced foods. The company has a market cap of $58.33 billion; its shares were traded at around $52.38 with a P/E ratio of 14.4 and P/S ratio of 2.5. The dividend yield of McDonald's Corp. stocks is 3.8%. McDonald's Corp. had an annual average earning growth of 7.2% over the past 10 years.
McDonald's recently reported its fourth quarter and full year 2008 results. The company announced that its operating income increased 8% in the U.S., 23% in Europe, (17% in constant currencies) and 33% in Asia/Pacific, Middle East and Africa (28% in constant currencies)
Gurus the own the company include: Bill Nygren owns 1,594,000 shares as of 06/30/2008, which accounts for 2.47% of the $6.39 billion portfolio of Oak Mark Fund. Dodge & Cox owns 828,208 shares as of 12/31/2008, a decrease of 25.68% of from the previous quarter. This position accounts for 0.08% of the $65.51 billion portfolio of Dodge & Cox.
Buy: Vice Chairman and CEO, Director James A Skinner bought 20,000 shares of MCD stock on 10/23/2008 at the average price of $55; the price of the stock has decreased by 4.76% since.
DIAGEO plc (DEO, Financial) Reached the 52-Week Low of $42.79
The prices of DIAGEO plc (DEO) shares have declined to close to the 52-week low of $42.79, which is 52.2% off the 52-week high of $85.99. DIAGEO plc is owned by 6 Gurus we are tracking. 5 reduced their positions in the company.
Diageo is an multinational branded food and drinks company. It has a market cap of $26.76 billion; its shares were traded at around $42.79 with and P/S ratio of 1.7. The dividend yield of DIAGEO plc stocks is 5.5%. DIAGEO plc had an annual average earning growth of 12.1% over the past 10 years.
Wallace Weitz owns 10,000 shares as of 12/31/2008. Bill Nygren owns 1,021,000 shares as of 06/30/2008. Tom Gayner owns 1,258,856 shares as of 12/31/2008. Tweedy Browne owns 631,747 shares as of 12/31/2008. Ron Baron owns 49,000 shares as of 12/31/2008. Chris Davis owns 5,342,259 shares as of 12/31/2008. Dodge & Cox sold out his holdings in the quarter that ended on 12/31/2008.
Progress Energy Inc. (PGN, Financial) Reached the 52-Week Low of $32.34
The prices of Progress Energy Inc. (PGN) shares have declined to close to the 52-week low of $32.34, which is 30.0% off the 52-week high of $45.03. Progress Energy Inc. is owned by 6 Gurus we are tracking. All of them reduced their positions in the company.
CP & L Energy Inc. is primarily engaged in the generation transmission, distribution, and sale of electricity in portions of North and South Carolina and Florida and the transmission distribution and sale of natural gas in portions of North Carolina. The company has a market cap of $8.93 billion; its shares were traded at around $32.34 with a P/E ratio of 10.9 and P/S ratio of 0.9. The dividend yield of Progress Energy Inc. stocks is 7.7%. Progress Energy Inc. had an annual average earning growth of 0.4% over the past 10 years.
Progress Energy recently reported its fourth quarter and full year 2008 results. The company said that its fourth-quarter GAAP earnings were $0.41 per share, compared to $0.40 per share for the same period last year. For the full year of 2008, GAAP earnings were $3.19 per share, compared to $1.97 per share in 2007. This increase was mainly caused by the divestiture of non-utility businesses.
Gurus who own the company: Kenneth Fisher owns 11,827 shares as of 09/30/2008. NWQ Managers owns 93,401 shares as of 12/31/2008. David Dreman owns 91,000 shares as of 12/31/2008. Brian Rogers owns 3,000,000 shares as of 12/31/2008. Dodge & Cox owns 11,650 shares as of 12/31/2008. Richard Aster Jr owns 648,000 shares as of 12/31/2008, a decrease of 25.67% of from the previous quarter. This position accounts for 1.33% of the $1.94 billion portfolio of Meridian Fund.
Sell: Director Carlos A Saladrigas sold 3,600 shares of PGN stock on 11/13/2008 at the average price of $39.42; the price of the stock has decreased by 17.96% since.
Wisconsin Energy Corp. (WEC, Financial) Reached the 52-Week Low of $38.04
The prices of Wisconsin Energy Corp. (WEC) shares have declined to close to the 52-week low of $38.04, which is 24.8% off the 52-week high of $48.63. Wisconsin Energy Corp. is owned by 3 Gurus we are tracking. Among them, 1 has added to their positions during the past quarter. 1 reduced their positions.
Wisconsin Energy Corp. is a holding company with subsidiaries in utility and non-utility businesses. The company has a market cap of $4.45 billion; its shares were traded at around $38.04 with a P/E ratio of 12.6 and P/S ratio of 1. The dividend yield of Wisconsin Energy Corp. stocks is 3.6%. Wisconsin Energy Corp. had an annual average earning growth of 5.1% over the past 10 years.
Wisconsin Energy Corp. recently reported its fourth quarter and full year 2008 results. Wisconsin Energy reported earnings from continuing operations of $100 million, or 85 cents per share for the fourth quarter of 2008. This compares with earnings from continuing operations of $95 million or 80 cents per share for the final quarter of 2007. Fourth quarter revenues were $1.20 billion in 2008, compared with $1.15 billion in the same period last year. For the full year 2008, revenues were $4.43 billion, compared with $4.24 billion in 2007.
HOTCHKIS & WILEY bought 2,052,000 shares in the quarter that ended on 12/31/2008, which is 0.82% of the $10.45 billion portfolio of HOTCHKIS & WILEY Capital Management LLC. Dodge & Cox owns 11,000 shares as of 12/31/2008, which accounts for less than 0.01% of the $65.51 billion portfolio of Dodge & Cox. Richard Pzena owns 3,409,243 shares as of 12/31/2008, a decrease of 39.65% of from the previous quarter. This position accounts for 1.66% of the $8.6 billion portfolio of Pzena Investment Management LLC.
Sell: Director Robert A Cornog sold 3,000 shares of WEC stock on 01/27/2009 at the average price of $45.5; the price of the stock has decreased by 16.4% since.
Ameren Corp. (AEE, Financial) Reached the 52-Week Low of $20.16
The prices of Ameren Corp. (AEE) shares have declined to close to the 52-week low of $20.16, which is 58.6% off the 52-week high of $47.75. Ameren Corp. is owned by 3 Gurus we are tracking. 2 have added to their positions during the past quarter. 1 reduced his position in the company.
Ameren Corporation companies provide energy services customers in Missouri and Illinois. It has a market cap of $4.28 billion; its shares were traded at around $20.16 with a P/E ratio of 6.9 and P/S ratio of 0.5. The dividend yield of Ameren Corp. stocks is 12.7%. Ameren Corp. had an annual average earning growth of 0.6% over the past 10 years. GuruFocus rated Ameren Corp. the business predictability rank of 2-star.
Ameren recently reported its full year 2008 results. The company said that its full year net income was $605 million, or $2.88 per share, compared to 2007 GAAP net income of $618 million, or $2.98 per share. "Despite recent rate increases in Missouri and Illinois, as well as our proactive sales of 2009 non-rate-regulated generation in early 2008, we believe our 2009 core earnings will be relatively flat compared to our 2008 core earnings. We believe that the weak economy, the volatile commodity markets, and unprecedented strains in the capital and credit markets will result in lower regulated customer sales versus 2008, lower power prices for unsold non-rate-regulated generation, and higher financing costs throughout 2009 and perhaps longer," said Gary L. Rainwater, chairman, president and chief executive officer.
John Hussman owns 150,000 shares as of 12/31/2008, an increase of 200% from the previous quarter. This position accounts for 0.15% of the $3.37 billion portfolio of Hussman Economtrics Advisors, Inc.. Kenneth Fisher owns 13,143 shares as of 09/30/2008, which accounts for less than 0.01% of the $31.63 billion portfolio of Fisher Asset Management, LLC. David Dreman owns 97,800 shares as of 12/31/2008, which accounts for 0.04% of the $7.73 billion portfolio of Dreman Value Management.
