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Guru Stocks at 52-Week Low: PBR.A, BAC, GGB, ECA

October 25, 2010 | About:
Ronald Sommer

guruyt

4 followers
Last week’s top five stocks that reached their 52-week lows were Petroleo Brasileiro S.A.Petrobras, Bank of America Corp, Gerdau S.A, EnCana Corp. According to GuruFocus updates, these Guru stocks have reached their 52-week lows.

Petroleo Brasileiro S.A.Petrobras (PBR.A) Reached the 52-Week Low of $28.92

The prices of Petroleo Brasileiro S.A.Petrobras (PBR.A) shares have declined to close to the 52-week low of $28.92, which is 39.0% off the 52-week high of $46.91. Petroleo Brasileiro S.A.Petrobras is owned by 12 Gurus we are tracking. Among them, 7 have added to their positions during the past quarter. 5 reduced their positions.

Petrolo Brasilerio was founded in October of 1953 to operate in the Brazilian oil sector. Petroleo Brasileiro S.a.petrobras has a market cap of $120.33 billion; its shares were traded at around $28.92 with a P/E ratio of 9 and P/S ratio of 1. The dividend yield of Petroleo Brasileiro S.a.petrobras stocks is 0.5%.

Charles Brandes owns 5,259,363 shares as of 06/30/2010, an increase of 72.81% from the previous quarter. This position accounts for 1.03% of the $15.29 billion portfolio of Brandes Investment. Mario Gabelli owns 32,769 shares as of 06/30/2010, a decrease of 86.81% of from the previous quarter. This position accounts for 0.01% of the $16.22 billion portfolio of GAMCO Investors. George Soros sold out his holdings in the quarter that ended on 06/30/2010.

Bank of America Corp. (BAC) Reached the 52-Week Low of $11.44

The prices of Bank of America Corp. (BAC) shares have declined to close to the 52-week low of $11.44, which is 41.7% off the 52-week high of $19.48. Bank of America Corp. is owned by 46 Gurus we are tracking. Among them, 18 have added to their positions during the past quarter. 24 reduced their positions.

Bank of America Corp. is one of the world's financial services companies. Bank Of America Corp. has a market cap of $114.79 billion; its shares were traded at around $11.44 with and P/S ratio of 0.8. The dividend yield of Bank Of America Corp. stocks is 0.3%.

BAC recently reported second-quarter 2010 net income of $3.1 billion, compared to net income of $3.2 billion a year ago. After preferred dividends, earnings were $0.27 per diluted share, compared to $0.33 in the second quarter of 2009.

Ken Heebner bought 2,450,000 shares in the quarter that ended on 06/30/2010, which is 0.64% of the $5.5 billion portfolio of CAPITAL GROWTH MANAGEMENT LP. George Soros owns 339,000 shares as of 06/30/2010, an increase of 55.93% from the previous quarter. This position accounts for 0.15% of the $3.31 billion portfolio of Soros Fund Management LLC. Kenneth Fisher owns 26,597 shares as of 06/30/2010, a decrease of 26.05% of from the previous quarter. This position accounts for less than 0.01% of the $28.08 billion portfolio of Fisher Asset Management, LLC. Steve Mandel sold out his holdings in the quarter that ended on 06/30/2010.

Legendary investor Warren Buffett owns 5,000,000 shares as of 06/30/2010, which accounts for 0.15% of the $46.44 billion portfolio of Berkshire Hathaway.

Buy: CEO and President Brian T Moynihan bought 30,000 shares of BAC stock on 08/23/2010 at the average price of 13.03. Brian T Moynihan owns at least 453,727 shares after this. The price of the stock has decreased by 12.2% since. There are mixed trades from other insiders.

Gerdau S.A. (GGB) Reached the 52-Week Low of $12.36

The prices of Gerdau S.A. (GGB) shares have declined to close to the 52-week low of $12.36, which is 31.8% off the 52-week high of $17.95. Gerdau S.A. is owned by 4 Gurus we are tracking. Among them, 2 have added to their positions during the past quarter. 4 reduced their positions.

GERDAU S.A. throughout its 101 years of activities, they are largest long steel producer in Latin America, and have made an important contribution in building the history of the Brazilian industry. Gerdau S.a. has a market cap of $20.35 billion; its shares were traded at around $12.36 with a P/E ratio of 12 and P/S ratio of 1.5. The dividend yield of Gerdau S.a. stocks is 0.6%. Gerdau S.a. had an annual average earning growth of 29.1% over the past 10 years.

Kenneth Fisher owns 673,575 shares as of 06/30/2010, which accounts for 0.03% of the $28.08 billion portfolio of Fisher Asset Management, LLC.

EnCana Corp. (ECA) Reached the 52-Week Low of $27.55

The prices of EnCana Corp. (ECA) shares have declined to close to the 52-week low of $27.55, which is 57.9% off the 52-week high of $62.97. EnCana Corp. is owned by 17 Gurus we are tracking. Among them, 10 have added to their positions during the past quarter. 7 reduced their positions.

EnCana Corporation is one of the world's largest independent natural gas producers and gas storage operators. Encana Corp. has a market cap of $20.26 billion; its shares were traded at around $27.55 with a P/E ratio of 12.6 and P/S ratio of 1.8. The dividend yield of Encana Corp. stocks is 3%. Encana Corp. had an annual average earning growth of 20.7% over the past 10 years.

Encana recently reported its second quarter results. Cash flow was $1.2 billion, or $1.65 per share, and operating earnings were $81 million, or 11 cents per share. Encana’s favourable commodity price hedges contributed $263 million in realized after-tax gains, or 36 cents per share, to cash flow.

T Boone Pickens bought 189,507 shares in the quarter that ended on 06/30/2010, which is 2.76% of the $208 million portfolio of BP Capital. David Dreman owns 37,036 shares as of 06/30/2010, an increase of 21.73% from the previous quarter. This position accounts for 0.03% of the $3.83 billion portfolio of Dreman Value Management. George Soros owns 7,900 shares as of 06/30/2010, a decrease of 89.87% of from the previous quarter. This position accounts for 0.01% of the $3.31 billion portfolio of Soros Fund Management LLC. Dodge & Cox sold out his holdings in the quarter that ended on 06/30/2010.


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