Weekly 3-Year Low Highlights: BRCM, SQM, STRA, NOR

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Jul 30, 2013
According to GuruFocus list of three-year lows; Broadcom Corporation, Sociedad Quimica Y Minera De Chile SA, Strayer Education Inc. and Noranda Aluminum Holding Corp have all reached their three-year lows.

Broadcom Corporation (BRCM, Financial) Reached the Three-Year Low of $27.30

The prices of Broadcom Corporation (BRCM) shares have declined to close to the three-year low of $27.30, which is 43.9% off the three-year high of $47.39.

Broadcom Corporation was incorporated in California in August 1991. Broadcom Corporation has a market cap of $15.9 billion; its shares were traded at around $27.30 with a P/E ratio of 38.31 and P/S ratio of 1.90. The dividend yield of Broadcom Corporation stocks is 1.54%. Broadcom Corporation had an annual average earnings growth of 57.8% over the past five years.

Broadcom Corporation has released its first quarter 2013 results. For this quarter, net revenue was $2.01 billion – an increase of 9.7% from the prior year quarter. GAAP net income was $191 million, compared to $88 million last year.

1 Guru Kept Positions in BRCM Unchanged or Slightly Adjusted: David Tepper owns 3,620,025 shares as of 03/31/2013, which accounts for 2.7% of the $4.72 billion portfolio of Appaloosa Management LP.

1 Guru Reduced Positions: Ray Dalio owns 194,375 shares as of 03/31/2013, a decrease of 52.1% of from the previous quarter. This position accounts for 0.061% of the $10.99 billion portfolio of Bridgewater Associates.

President and CEO Scott A. McGregor sold 25,000 shares of BRCM stock on 07/08/2013 at the average price of $34.

Sociedad Quimica Y Minera De Chile SA (SQM, Financial) Reached the Three-Year Low of $37.37

The prices of Sociedad Quimica Y Minera De Chile SA (SQM) shares have declined to close to the three-year low of $37.37, which is 46.5% off the three-year high of $67.75.

Sociedad Quimica Y Minera de Chile SA was constituted by public deed issued on June 17, 1968. Sociedad Quimica Y Minera De Chile SA has a market cap of $9.9 billion; its shares were traded at around $37.37 with a P/E ratio of 15.06 and P/S ratio of 3.89. The dividend yield of Sociedad Quimica Y Minera De Chile SA stocks is 2.58%. Sociedad Quimica Y Minera De Chile SA had an annual average earnings growth of 25% over the past 10 years. GuruFocus rated Sociedad Quimica Y Minera De Chile SA the business predictability rank of 5-star.

For its first quarter of 2013, Sociedad Quimica Y Minera De Chile reported earnings of $151.8 million, a 1.2% increase from the same period last year. Revenues increased 17.7% to $623.4 from prior year quarter.

1 Guru Initiated Positions: Ron Baron bought 4,400 shares in the quarter that ended on 03/31/2013, which is 0.0013% of the $18.31 billion portfolio of Baron Funds.

Strayer Education Inc. (STRA, Financial) Reached the Three-Year Low of $44.01

The prices of Strayer Education Inc. (STRA) shares have declined to close to the three-year low of $44.01, which is 82.2% off the three-year high of $241.76.

Strayer Education Inc. was founded in 1892. Strayer University is an institution of higher learning that offers undergraduate and graduate degree programs in business administration, accounting, information technology, health care, education, and public administration at over 60 physical campuses. Strayer Education Inc. has a market cap of $473.949 million; its shares were traded at around $44.01 with a P/E ratio of 8.39 and P/S ratio of 0.90. The dividend yield of Strayer Education Inc. stocks is 4.54%. Strayer Education Inc. had an annual average earnings growth of 18.2% over the past 10 years. GuruFocus rated Strayer Education Inc. the business predictability rank of 5-star.

Strayer Education Inc. recently released its second quarter 2013 results ended June 30, 2013. Revenues for the quarter decreased 10% to $132 million, and net income decreased to $15.0 million from $21.2 million a year ago.

1 Guru Increased Positions: Joel Greenblatt owns 20,502 shares as of 03/31/2013, an increase of 54.42% from the previous quarter. This position accounts for 0.05% of the $1.97 billion portfolio of Gotham Capital.

1 Guru Kept Positions in STRA Unchanged or Slightly Adjusted: John Hussman owns 1,000 shares as of 03/31/2013, which accounts for 0.0018% of the $2.72 billion portfolio of Hussman Economtrics Advisors.

1 Guru Sold Out STRA: Ron Baron sold out his holdings in the quarter that ended on 03/31/2013.

Noranda Aluminum Holding Corp (NOR, Financial) Reached the Three-Year Low of $3.25

The prices of Noranda Aluminum Holding Corp (NOR) shares have declined to close to the three-year low of $3.25, which is 82.7% off the three-year high of $17.82.

Noranda Aluminum Holding Corporation was incorporated in Delaware on March 27, 2007. Noranda Aluminum Holding Corp has a market cap of $213.175 million; its shares were traded at around $3.25 with a P/E ratio of 6.63 and P/S ratio of 0.16. The dividend yield of Noranda Aluminum Holding Corp stocks is 4.92%.

Noranda Aluminum reported a second quarter 2013 loss of $0.18 per share, compared to income of $0.36 per share prior year quarter. Operating cash flow was $16.8 million compared to $1.9 million prior year quarter.

1 Guru Increased Positions: Hotchkis & Wiley owns 2,767,898 shares as of 03/31/2013, an increase of 48.25% from the previous quarter. This position accounts for 0.064% of the $19.57 billion portfolio of Hotchkis & Wiley Capital Management LLC.

Director Ronald S Rolfe bought 5,000 shares of NOR stock on 07/25/2013 at the average price of $3.16.

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