Weekly 3-Year Low Highlights: AA, NJ, KGC, YZC

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Apr 07, 2013
According to the GuruFocus list of 3-year lows: Alcoa Inc., Nidec Corporation, Kinross Gold Corporation, and Yanzhou Coal Mining Company Limited have all reached their 3-year lows.


Alcoa Inc (AA, Financial) Reached 3-Year Low of $8.24


The prices of Alcoa Inc. (AA) shares have declined close to the 3-year low of $8.24, which is 56.8% off the 3-year high of $18.47.


Alcoa Inc. is owned by nine Gurus we are tracking. Among them, six have added to their positions during the past quarter and four have reduced their positions. Alcoa Inc. is a Pennsylvania corporation and was formed in 1888. Alcoa Inc. has a market cap of $8.81 billion; its shares were traded at around $8.24 with a P/E ratio of 45.8716 and a P/S ratio of 0.3741. The dividend yield of Alcoa Inc. stocks is 1.46%.


Alcoa Inc. saw fourth quarter 2012 earnings of $242 million ($0.21 per share) and sales of $5.9 billion compared to a loss of $191 million ($0.18 per share) and sales of $6 billion in the fourth quarter of 2011.


One Guru Initiated Position: Arnold Van Den Berg bought 1,492,980 shares in the quarter that ended on Dec. 31, 2012, which is 1.43% of the $1.02 billion portfolio of Century Management.


One Guru Increased Positions: Joel Greenblatt owns 205,459 shares as of Dec. 31, 2012, an increase of 74.41% from the previous quarter. This position accounts for 0.1% of the $1.73 billion portfolio of Gotham Capital.


Two Gurus Sold Out AA: John Burbank sold out his holdings in the quarter that ended on Dec. 31, 2012, as did Ray Dalio.


Nidec Corporation (NJ, Financial) Reached 3-Year Low of $13.95


The price of Nidec Corporation (NJ) shares has declined close to the 3-year low of $13.95, which is 51.0% off the 3-year high of $27.36.


One Guru has added to his position during the past quarter. Nidec Corp. is a joint stock corporation that was incorporated and registered under the Japanese Commercial Code (which was replaced by the company law in May 2006) of Japan on July 23, 1973, under the name of Nihon Densan Kabushiki Kaisha. Nidec Corporation has a market cap of $8.1 billion; its shares were traded at around $13.95 with a P/E ratio of 18.2482 and a P/S ratio of 1.1443. The dividend yield of Nidec Corporation stocks is 2%. Nidec Corporation had an annual average earnings growth of 22.8% over the past 10 years.


Nidec Corporation has released its third quarter 2012 results, quarter ended Dec. 31, 2012. Sales in this quarter were up 7.8% year-over-year, and operating income decreased 81.4%. Diluted net income per share attributable to stockholders was 11.63 yen, compared to 62.3 yen in the same quarter of last year.


Kinross Gold Corporation (KGC, Financial) Reached 3-Year Low of $7.07


The price of Kinross Gold Corporation (KGC) shares has declined close to the 3-year low of $7.07, which is 65.1% off the 3-year high of $19.90.


Kinross Gold Corporation is owned by 10 Gurus we are tracking. Among them, seven have added to their positions during the past quarter, and two have reduced their positions. Kinross Gold Corporation was initially created in May 1993 by the amalgamation of CMP Resources Ltd. Kinross Gold Corporation has a market cap of $8.07 billion; its shares were traded at around $7.07 with a P/E ratio of 9.9 and a P/S ratio of 1.8681. The dividend yield of Kinross Gold Corporation stock is 2.26%.


Kinross Gold Corporation reported fourth quarter 2012 revenue of $1.18 billion compared to $919 million in the fourth quarter of 2011. Adjusted net income was $276.5 million ($0.24 per share), compared to $187.2 million ($0.16) per share last year. Net loss was $2.98 billion ($2.62 per share), compared to a net loss of $2.79 billion ($2.45 per share) prior year quarter. Fourth quarter loss included a non-cash impairment charge of $3.2 billion. Adjusted operating cash flow was $501.4 million compared to $353.4 million prior year quarter.


Two Gurus Initiated Positions: Ray Dalio bought 206,700 shares in the quarter that ended on Dec. 31, 2012, which is 0.02% of the $9.82 billion portfolio of Bridgewater Associates. NWQ Managers bought 46,808 shares in the quarter that ended on Dec. 31, 2012, which is 0.0037% of the $12.15 billion portfolio of NWQ Investment Management Co.


Three Gurus Increased Positions: John Burbank owns 14,121,122 shares as of Dec. 31, 2012, an increase of 50.53% from the previous quarter. This position accounts for 5.3% of the $2.59 billion portfolio of Passport Capital. Third Avenue Management owns 5,523,264 shares as of Dec. 31, 2012, an increase of 11.84% from the previous quarter. This position accounts for 1.2% of the $4.63 billion portfolio of Third Avenue Management. David Dreman owns 773,511 shares as of Dec.31, 2012, an increase of 11.49% from the previous quarter. This position accounts for 0.22% of the $3.49 billion portfolio of Dreman Value Management.


One Guru Sold Out KGC: George Soros sold out his holdings in the quarter that ended on Dec. 31, 2012.


Yanzhou Coal Mining Company Limited (YZC, Financial) Reached 3-year Low of $12.46


The price of Yanzhou Coal Mining Company Limited (YZC) shares has declined close to the 3-year low of $12.46, which is 70.6% off the 3-year high of $41.89.


Yanzhou Coal Mining Company Limited is owned by two Gurus we are tracking. Among them, one has added to his position during the past quarter. Yanzhou Coal Mining Company Limited was established on Sept. 25, 1997. Yanzhou Coal Mining Company Limited has a market cap of $6.13 billion; its shares were traded at around $12.46 with a P/E ratio of 4.89 and a P/S ratio of 0.7938. The dividend yield of Yanzhou Coal Mining Company Limited stocks is 6.52%. Yanzhou Coal Mining Company Limited had an annual average earnings growth of 21.6% over the past 10 years


Go here for the complete GuruFocus list of 3-year lows.