Weekly 3-Year Low Highlight: NEM, AA, NPK, CKSW

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Oct 08, 2013
According to GuruFocus list of 3-year lows, these Guru stocks have reached their three-year lows: Newmont Mining Corporation, Alcoa Inc., National Presto Industries and ClickSoftware Technologies Inc.

Newmont Mining Corporation (NEM, Financial) Reached the Three-Year Low of $27.17

The prices of Newmont Mining Corporation (NEM) shares have declined to close to the three-year low of $27.17, which is 63.5% off the three-year high of $72.42.

Newmont Mining Corporation has a market cap of $13.39 billion; its shares were traded at around $27.17 with a P/E ratio of 8.30 and P/S ratio of 1.48. The dividend yield of Newmont Mining Corporation stocks is 5.06%. Newmont Mining Corporation had an annual average earnings growth of 12.6% over the past 10 years.

For its second quarter of 2013, Newmont Mining Corporation reported revenues of $2.0 billion and cash flow from continuing operations of $293 million. Adjusted net loss for the quarter was $50 million, compared to adjusted income of $294 million prior year quarter.

3 Gurus Increased Positions: Ray Dalio owns 211,126 shares as of 06/30/2013, an increase of 333.52% from the previous quarter. Arnold Van Den Berg owns 1,668,084 shares as of 06/30/2013, an increase of 68.01% from the previous quarter. Brian Rogers owns 3,250,000 shares as of 06/30/2013, an increase of 19.27% from the previous quarter.

4 Gurus Reduced Positions: NWQ Managers owns 48,043 shares as of 06/30/2013, a decrease of 34.38% of from the previous quarter. T Boone Pickens owns 6,000 shares as of 06/30/2013, a decrease of 50% of from the previous quarter. John Hussman owns 500,000 shares as of 06/30/2013, a decrease of 52.56% of from the previous quarter. Meridian Funds owns 10,500 shares as of 06/30/2013, a decrease of 96.66% of from the previous quarter.

2 Gurus Sold Out NEM: Julian Robertson sold out his holdings in the quarter that ended on 06/30/2013. Richard Snow sold out his holdings in the quarter that ended on 06/30/2013.

Alcoa Inc. (AA, Financial) Reached the Three-Year Low of $7.87

The prices of Alcoa Inc (AA) shares have declined to close to the three-year low of $7.87, which is 58.7% off the three-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 three have reduced their positions. Alcoa Inc. has a market cap of $8.52 billion; its shares were traded at around $7.87 with a P/E ratio of 82.64 and P/S ratio of 0.37. The dividend yield of Alcoa Inc. stocks is 1.51%.

3 Gurus Increased Positions: Arnold Schneider owns 452,223 shares as of 06/30/2013, an increase of 4422.23% from the previous quarter. Joel Greenblatt owns 145,543 shares as of 06/30/2013, an increase of 41.68% from the previous quarter. Richard Snow owns 188,130 shares as of 06/30/2013, an increase of 27% from the previous quarter.

3 Gurus Kept Positions in AA Unchanged or Slightly Adjusted: Arnold Van Den Berg owns 1,441,130 shares as of 09/30/2013, which accounts for 1.1% of the $1.02 billion portfolio of Century Management. Arnold Van Den Berg owns 1,392,650 shares as of 06/30/2013, which accounts for 1.1% of the $1.02 billion portfolio of Century Management. Mario Gabelli owns 2,143,560 shares as of 06/30/2013, which accounts for 0.11% of the $15.91 billion portfolio of GAMCO Investors.

National Presto Industries (NPK, Financial) Reached the Three-Year Low of $67.68

The prices of National Presto Industries (NPK) shares have declined to close to the three-year low of $67.68, which is 52.5% off the three-year high of $137.00.

National Presto Industries has a market cap of $466.943 million; its shares were traded at around $67.68 with a P/E ratio of 12.99 and P/S ratio of 1.05. The dividend yield of National Presto Industries stocks is 1.48%. National Presto Industries had an annual average earnings growth of 19.3% over the past 10 years.

The company has released its second quarter 2013 results. For this quarter, National Presto Industries generated net earnings of $8.3 million, down from the $8.7 million generated the same quarter last year. Net sales decreased to $101.9 million from $117.1 million last year.

2 Gurus Kept Positions in NPK Unchanged or Slightly Adjusted: Michael Price owns 96,924 shares as of 06/30/2013, which accounts for 0.94% of the $747 million portfolio of MFP Investors LLC. Joel Greenblatt owns 23,028 shares as of 06/30/2013, which accounts for 0.071% of the $2.35 billion portfolio of Gotham Capital.

ClickSoftware Technologies Ltd. (CKSW, Financial) Reached the Three-Year Low of $5.86

The prices of ClickSoftware Technologies Ltd. (CKSW) shares have declined to close to the three-year low of $5.86, which is 56.2% off the three-year high of $13.07.

Clicksoftware Technologies Ltd. has a market cap of $187.162 million; its shares were traded at around $5.86 with a P/E ratio of 49.75 and P/S ratio of 1.84. The dividend yield of Clicksoftware Technologies Ltd. stocks is 4.92%. Clicksoftware Technologies Ltd. had an annual average earnings growth of 7.7% over the past five years.

ClickSoftware Technologies reported second quarter 2013 revenues up 10% over the prior year quarter to $24.7 million. GAAP loss per share was $0.09 compared to no income the same quarter last year.

1 Guru Increased Positions: John Hussman owns 17,500 shares as of 06/30/2013, an increase of 75% from the previous quarter. This position accounts for 0.0066% of the $2.2 billion portfolio of Hussman Economtrics Advisors.

1 Guru Kept Positions in CKSW Unchanged or Slightly Adjusted: George Soros owns 3,130,000 shares as of 06/30/2013, which accounts for 0.28% of the $9.22 billion portfolio of Soros Fund Management LLC.