Gurus Hold Three Stocks at 10-Year Low P/B

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Dec 13, 2013
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According to the GuruFocus Value Screen that shows value strategies of stocks traded at historical low P/B ratios, Iamgold Corp. (IAG, Financial), Strayer Education Inc. (STRA, Financial) and Petrobras Argentina SA (PZE, Financial) are guru-owned stocks traded at close to their 10-year historical low P/B ratios. Here are the trade highlights as of the third quarter of 2013.

Iamgold Corp. (IAG)

Down 67% over 12 months, Iamgold Corp. (IAG) is traded at a P/B ratio of 0.40, right at a 10-year low of 0.40.

Iamgold Corp. has a market cap of $1.45 billion; its shares were traded at around $3.50 with a P/E ratio of 15.70 and P/S ratio of 0.96. The dividend yield of IAG stocks is 6.51%. Iamgold Corp. had an annual average earnings growth of 26.90% over the past 10 years. GuruFocus rated Iamgold Corp. the business predictability rank of 3.5-star.

Incorporated in 1990, Iamgold Corp. is engaged in the exploration, development and operation of gold mining properties. The company's operating mines are comprised of Rosebel Gold Mine, Suriname; Essakane Gold Mine, Burkina Faso; Doyon Division Gold Mines, Quebec; Niobec Niobium Mine, Quebec; Sadiola Gold Mine, Mali; and Yatela Gold Mine, Mali.

The GuruFocus analysis of the company shows four good signs and four warnings.

Check out the IAG 10-Year Valuations.

Track historical share price, revenue and net income:

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Guru Action: As of the third quarter of 2013, IAG is owned by seven gurus. Jeremy Grantham sold out in the third quarter.

As of Sept. 30, 2013, the top guru stakeholder John Paulson holds 3,863,912 shares of 1.03% of shares outstanding. He took a 26.9% loss on the holding in the third quarter with 3,863,912 shares at an average price of $5.24 per share.

Over a six-quarter trading history of all double-digit losses, he has averaged a loss of 75% buying 3,881,900 shares at an average price of $15.08 per share. Selling, he took a loss of 54% on 17,988 shares at an average price of $8.38 per share.

Check out the very active insider trading.



Strayer Education Inc. (STRA)

Down 44% over 12 months, Strayer Education Inc. (STRA) is traded at P/B ratio of 6.40, right at a 10-year low of 6.40.

Founded in 1892, Strayer Education Inc. provides post-secondary education services for working adults. The company has a market cap of $368.11 million; its shares were traded at around $34.00 with a P/E ratio of 7.10 and P/S ratio of 0.71. The dividend yield of Strayer Education Inc. stocks is 2.94%. Strayer Education, Inc. had an annual average earnings growth of 17.60% over the past 10 years. GuruFocus rated Strayer Education, Inc. the business predictability rank of 4.5-star.

Strayer Education offers a range of academic programs through its wholly-owned subsidiary Strayer University Inc., both in classroom courses and online via the Internet. Strayer University offers undergraduate and graduate degree programs at 100 campuses in Alabama, Arkansas, Delaware, Florida, Georgia, Illinois, Indiana, Kentucky, Louisiana, Maryland, Minnesota, Mississippi, Missouri, New Jersey, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, West Virginia, Wisconsin, and Washington, D.C., and worldwide via the Internet. The company also offers an executive MBA online through its Jack Welch Management Institute.

The GuruFocus analysis for STRA shows good signs and seven warnings.

Check out STRA’s 10-Year Valuations.

Track historical share price, revenue and net income:

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Guru Action: As of the third quarter of 2013, STRA is held by four gurus.

As of Sept. 30, 2013, the top stakeholder Chuck Royce increased his position by 0.8%, buying 9,450 shares at an average price of $44.47 per share, losing 23.5%.

Over 13 quarters of double-digit losses, Royce has averaged a loss of 75% on 1,237,991 shares bought at an average price of $135.49 per share. Selling, he has averaged a loss of 52% on 45,900 shares bought at an average price of $70.38 per share.

Here’s the recent insider trading.

Petrobras Argentina SA (PZE)

Up 29% over 12 months, Petrobras Argentina SA (PZE) is traded at a P/B ratio of 0.40, right at a 10-year low of 0.40.

Petrobras Argentina SA has a market cap of $1.26 billion; its shares were traded at around $6.25 with a P/E ratio of 19.60 and P/S ratio of 0.60. The dividend yield of PZE stocks is 2.20%. Petrobras Argentina SA had an annual average earnings growth of 11.40% over the past 10 years. GuruFocus rated Petrobras Argentina SA the business predictability rank of 2-star.

Organized in Argentina in 1947, Petrobras Argentina SA is structured in four operating segments: Oil and Gas Exploration and Production, Gas and Energy, Refining and Distribution, and Petrochemicals. The company is engaged in upstream and downstream operations as well as transmission, generation and distribution of electric power. Petrobras products include petrochemicals, asphalts, lubricants, and fuels. Operations are located in Argentina, Bolivia, Brazil, Ecuador, Mexico and Venezuela, including a refinery located in Buenos Aires.

The GuruFocus analysis for PZE shows one good sign and five warnings.

Checkout PZE’s 10-Year Valuations.

Track historical share price, revenue and net income:

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Guru Action: As of the third quarter of 2013, PZE is owned by one guru.

As of Sept. 30, 2013, Jim Simons increased his position by 21.57%, buying 112,956 shares at an average price of $4.52 per share, gaining 38.1%.

Over a five-year history, he has averaged a loss of 2% buying 585,716 shares at an average price of $6.35 per share. Selling, he averaged a loss of 29% on 3,961,006 shares at an average price of $8.85 per share.

Simons’s current shares are 636,710 or 0.32% of shares outstanding.

No insider trades were found.

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