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Guru Stocks at 52-Week Lows: LMT, VIP, VMC, IRM, QGEN

October 10, 2010 | About:
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Last week’s top five stocks that reached their 52-week lows were Lockheed Martin Corp, Vimpel Communications, Vulcan Materials Company, Iron Mountain Inc, and Qiagen N.V. According to GuruFocus updates, these Guru stocks have reached their 52-week lows.

Lockheed Martin Corp. (LMT) Reached the 52-Week Low of $70.1

The prices of Lockheed Martin Corp. (LMT) shares have declined to close to the 52-week low of $70.1, which is 21.4% off the 52-week high of $86.92. Lockheed Martin Corp. is owned by 22 Gurus we are tracking. Among them, 12 have added to their positions during the past quarter. 11 reduced their positions.

Lockheed Martin Corp. is a global enterprise principally engaged in the research, design, development, manufacture and integration of advanced-technology systems, products and services. Lockheed Martin Corp. has a market cap of $25.41 billion; its shares were traded at around $70.1 with a P/E ratio of 9.2 and P/S ratio of 0.6. The dividend yield of Lockheed Martin Corp. stocks is 3.5%. Lockheed Martin Corp. had an annual average earning growth of 17% over the past 10 years. GuruFocus rated Lockheed Martin Corp. the business predictability rank of 2.5-star.

LMT recently reported second quarter 2010 net sales of $11.4 billion, a 3 percent increase over the $11.1 billion in 2009. Earnings from continuing operations for the second quarter of 2010 were $727 million, or $1.96 per diluted share, compared to $731 million, or $1.87 per diluted share, in 2009. Cash from operations in the second quarter of 2010 was $1.2 billion, compared to $1.1 billion in 2009.

Ronald Muhlenkamp bought 305,200 shares in the quarter that ended on 06/30/2010, which is 4.25% of the $535 million portfolio of Muhlenkamp Fund. David Einhorn bought 725,000 shares in the quarter that ended on 06/30/2010, which is 1.63% of the $3.32 billion portfolio of Greenlight Capital Inc. Wallace Weitz bought 238,480 shares in the quarter that ended on 06/30/2010, which is 0.98% of the $1.82 billion portfolio of Weitz Wallace R & Co.

Robert Olstein sold out his holdings in the quarter that ended on 06/30/2010.

Buy: Director Thomas J Falk bought 5,000 shares of LMT stock on 08/17/2010 at the average price of 73.02. Thomas J Falk owns at least 5,250 shares after this. The price of the stock has decreased by 4% since.

Vimpel Communications (VIP) Reached the 52-Week Low of $14.4

The prices of Vimpel Communications (VIP) shares have declined to close to the 52-week low of $14.4, which is 20.5% off the 52-week high of $17.56. Vimpel Communications is owned by 5 Gurus we are tracking. Among them, 1 has added to their positions during the past quarter. 6 reduced their positions.

VimpelCom Ltd. consists of telecommunications operators providing voice and data services through a range of wireless, fixed and broadband technologies. Vimpel Communications has a market cap of $18.76 billion; its shares were traded at around $14.4 .

Mario Gabelli owns 427,500 shares as of 06/30/2010, a decrease of 79.04% of from the previous quarter. This position accounts for 0.04% of the $16.22 billion portfolio of GAMCO Investors. George Soros sold out his holdings in the quarter that ended on 06/30/2010.

Vulcan Materials Company (VMC) Reached the 52-Week Low of $36.79

The prices of Vulcan Materials Company (VMC) shares have declined to close to the 52-week low of $36.79, which is 39.4% off the 52-week high of $58.89. Vulcan Materials Company is owned by 12 Gurus we are tracking. Among them, 5 have added to their positions during the past quarter. 6 reduced their positions.

Vulcan Materials Company is the nation's foremost producer of construction aggregates, a major producer of other construction materials and a leading chemicals manufacturer, supplying chloralkali and other industrial and specialty chemicals. Vulcan Materials Company has a market cap of $4.72 billion; its shares were traded at around $36.79 with a P/E ratio of 525.6 and P/S ratio of 1.8. The dividend yield of Vulcan Materials Company stocks is 2.7%.

Second quarter aggregates earnings were $122 million versus $127 million in the prior year. Aggregates shipments increased 6 percent from the prior year's second quarter. Commenting on the Company's outlook, Mr. James stated, "Key drivers of the demand for our products are improving. First, from the perspective of the overall economy, most GDP forecasts for the U.S. indicate further growth in the overall economy in 2010. In past economic cycles, demand for aggregates has improved as GDP has grown during the initial years of economic recovery. Additionally, state and local tax revenues have historically rebounded after GDP recovers. Since the second quarter of 2009, the gross state product of all Vulcan-served states has shown positive growth - an indication economic recovery is underway.”

George Soros bought 200,000 shares in the quarter that ended on 06/30/2010, which is 0.27% of the $3.31 billion portfolio of Soros Fund Management LLC. Chris Davis owns 4,464,743 shares as of 06/30/2010, a decrease of 46.6% of from the previous quarter. This position accounts for 0.36% of the $53.88 billion portfolio of Davis Selected Advisers.

Sell: VP, Controller & CIO Ejaz A Khan sold 750 shares of VMC stock on 06/23/2010 at the average price of 46.72. Ejaz A Khan owns at least 3,730 shares after this. The price of the stock has decreased by 21.25% since. Other insiders have also decreased their positions in the company.

Iron Mountain Inc. (IRM) Reached the 52-Week Low of $20.48

The prices of Iron Mountain Inc. (IRM) shares have declined to close to the 52-week low of $20.48, which is 28.7% off the 52-week high of $28.39. Iron Mountain Inc. is owned by 4 Gurus we are tracking. Among them, 3 have added to their positions during the past quarter. 3 reduced their positions.

Iron Mountain Incorporated is one of the world's largest records and information management services company. Iron Mountain Inc. has a market cap of $4.13 billion; its shares were traded at around $20.48 with a P/E ratio of 20 and P/S ratio of 1.4. The dividend yield of Iron Mountain Inc. stocks is 1.2%. Iron Mountain Inc. had an annual average earning growth of 13.5% over the past 10 years. GuruFocus rated Iron Mountain Inc. the business predictability rank of 4-star.

Iron Mountain reported total consolidated revenues of $780 million for the second quarter, a 5% increase over the prior year period, supported by 2% total internal revenue growth. Storage revenue internal growth was consistent at 3%, with gains moderated by economic factors, which have constrained storage volume growth in recent quarters.

Arnold Van Den Berg bought 236,955 shares in the quarter that ended on 09/30/2010, which is 0.45% of the $1.16 billion portfolio of Century Management. Chris Davis owns 40,755,071 shares as of 06/30/2010, which accounts for 1.7% of the $53.88 billion portfolio of Davis Selected Advisers.

Legendary investor Warren Buffett owns 8,000,000 shares as of 06/30/2010, which accounts for 0.39% of the $46.44 billion portfolio of Berkshire Hathaway.

Sell: Director Constantin R Boden sold 39,209 shares of IRM stock on 05/17/2010 at the average price of 25.51. Constantin R Boden owns at least 52,280 shares after this. The price of the stock has decreased by 19.72% since. Other insiders have also decreased their positions in the company.

Qiagen N.V. (QGEN) Reached the 52-Week Low of $17.13

The prices of Qiagen N.V. (QGEN) shares have declined to close to the 52-week low of $17.13, which is 29.0% off the 52-week high of $23.98. Qiagen N.V. is owned by 3 Gurus we are tracking. Among them, 2 have added to their positions during the past quarter. 1 reduced their position.

Qiagen NV produces biomedical and genetic products, products for separating and purifying nucleic acids for gene-based drug screening, nucleic acid-based clinical diagnostics, genetic vaccination and gene therapy. Qiagen N.v. has a market cap of $3.99 billion; its shares were traded at around $17.13 with a P/E ratio of 19.1 and P/S ratio of 3.9. Qiagen N.v. had an annual average earning growth of 15.3% over the past 10 years. GuruFocus rated Qiagen N.v. the business predictability rank of 3-star.


Rating: 2.8/5 (4 votes)

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