Weekly 3-Year Low Highlights: EXPD, ACH, SLT, JCP, MTL

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Apr 02, 2013
According to GuruFocus list of three-year lows: Expeditors International of Washington Inc., Aluminum Corporation of China Limited, Sterlite Industries, JC Penney Co. Inc. and Mechel OAO have all recently reached their three year lows.

Expeditors International of Washington Inc. (EXPD, Financial) Reached the Three-Year Low of $35.37

The prices of Expeditors International of Washington Inc. (EXPD) shares have declined to close to the three-year low of $35.37, which is 41.1% off the three-year high of $57.15.

Expeditors International of Washington Inc. is owned by 14 Gurus we are tracking. Among them, five have added to their positions during the past quarter, and eight have reduced their positions. Expeditors International of Washington Inc. was incorporated in the state of Washington in 1979 and began operations in 1981 by coordinating airfreight shipments from Asia to the U.S. Expeditors International of Washington Inc. has a market cap of $7.3 billion; its shares were traded at around $35.37 with a P/E ratio of 22.5225 and P/S ratio of 1.2533. The dividend yield of Expeditors International of Washington, Inc. stocks is 1.58%. Expeditors International of Washington Inc. had an annual average earnings growth of 11.7% over the past 10 years. GuruFocus rated Expeditors International of Washington Inc. the business predictability rank of 2.5-star.

Expeditors International reported fourth quarter 2012 net income of $84.2 million, as compared to $92.8 million in the prior year quarter, a decrease of 9%. Fourth quarter net revenues decreased 4% to $458.7 million, and diluted EPS decreased to $0.40 from $0.43 last year.

1 Guru Increased Positions: Tom Gayner owns 133,000 shares as of 12/31/2012, an increase of 23.15% from the previous quarter. This position accounts for 0.22% of the $2.4 billion portfolio of Markel Gayner Asset Management Corp.

1 Guru Sold Out EXPD: Bill Gates sold out his holdings in the quarter that ended on 12/31/2012.

Aluminum Corporation of China Limited (ACH, Financial) Reached the Three-Year Low of $9.52

The prices of Aluminum Corporation of China Limited (ACH) shares have declined to close to the three-year low of $9.52, which is 68.1% off the three-year high of $28.88.

Aluminum Corporation of China Limited was incorporated as a joint stock limited company under the Company Law of the PRC on September 10, 2001 under the corporate name Aluminum Corporation of China Limited. Aluminum Corporation Of China Limited has a market cap of $5.15 billion; its shares were traded at around $9.52 with a P/E ratio of 20.6 and P/S ratio of 0.247.

Sterlite Industries (India) Ltd. (SLT, Financial) Reached the Three-Year Low of $6.61

The prices of Sterlite Industries (India) Ltd. (SLT) shares have declined to close to the three-year low of $6.61, which is 67.8% off the three-year high of $19.92.

Sterlite Industries (India) Ltd. is owned by four Gurus we are tracking. Among them, two have added to their positions during the past quarter. Sterlite Industries (India) Limited was incorporated on Sept. 8, 1975, under the laws of the Republic of India. Sterlite Industries (India) Ltd. has a market cap of $5.55 billion; its shares were traded around $6.61 with a P/E ratio of 6.0277 and P/S ratio of 0.6532. The dividend yield of Sterlite Industries (India) Ltd. stocks is 2.13%. Sterlite Industries (India) Ltd. had an annual average earnings growth of 22.1% over the past five years.

J.C. Penney Co. Inc. (JCP, Financial) Reached the Three-Year Low of $14.8

The prices of J.C. Penney Co. Inc. (JCP) shares have declined to close to the three-year low of $14.8, which is 66.6% off the three-year high of $43.18.

J.C. Penney Co. Inc. is owned by 12 Gurus we are tracking. Among them, seven have added to their positions during the past quarter, and four have reduced their positions. J.C. Penney Company Inc. was founded in 1902. J.C. Penney Co. Inc. has a market cap of $3.25 billion; its shares were traded at around $14.8 with and P/S ratio of 0.2498. The dividend yield of J.C. Penney Co. Inc. stocks is 1.35%.

J.C. Penney Co. Inc. has released its fourth quarter 2012 results. Fourth quarter net loss was $552 million ($2.51 per share). Sales decreased 28.4% to $3.88 billion, with comparable store sales declining 31.7%. Gross margin was 23.8% of sales compared to 30.2% in the prior year quarter.

2 Gurus Initiated Positions: Whitney Tilson bought 44,899 shares in the quarter that ended on 12/31/2012, which is 0.72% of the $123 million portfolio of T2 Partners Management LP. Richard Pzena bought 975,782 shares in the quarter that ended on 12/31/2012, which is 0.16% of the $12.17 billion portfolio of Pzena Investment Management LLC.

2 Gurus Increased Positions: HOTCHKIS & WILEY owns 13,877,917 shares as of 12/31/2012, an increase of 54.57% from the previous quarter. This position accounts for 1.6% of the $17.31 billion portfolio of Hotchkis & Wiley Capital Management LLC. Mario Gabelli owns 234,700 shares as of 12/31/2012, an increase of 14.77% from the previous quarter. This position accounts for 0.034% of the $13.61 billion portfolio of GAMCO Investors.

1 Guru Sold Out JCP: Lee Ainslie sold out his holdings in the quarter that ended on 12/31/2012.

Mechel OAO (MTL, Financial) Reached the Three-Year Low of $4.94

The prices of Mechel OAO (MTL) shares have declined to close to the three-year low of $4.94, which is 85.9% off the three-year high of $34.74.

Mechel OAO is owned by three Gurus we are tracking. Among them, one has added to his position during the past quarter, and one has reduced his position. Mechel OAO, formerly Mechel Steel Group OAO was incorporated on March 19, 2003, under the laws of the Russian Federation. Mechel OAO has a market cap of $2.06 billion; its shares were traded at around $4.94 with and P/S ratio of 0.1435. The dividend yield of Mechel OAO stocks is 3.9%. Mechel OAO had an annual average earnings growth of 3% over the past five years. GuruFocus rated Mechel OAO the business predictability rank of 3-star.

Mechel OAO reported the first nine months of 2012 revenue of $8.8 billion, a decrease of 9% year over year. Net loss was $550 million, compared to net income of $526 million in the prior year quarter.

Go here for the complete list of three-year lows.