Numerous Gurus Hold IDCC, DGX, PTR at 10-Year Low P/B

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Dec 31, 2013

According to the GuruFocus Value Screen that shows value strategies of stocks traded at historical low P/B ratios, InterDigital Inc. (IDCC, Financial), Quest Diagnostics Inc. (DGX, Financial) and PetroChina Co. Ltd. (PTR, Financial) are held by numerous gurus and are traded at or near their 10-year low. Furthermore, insiders are selling IDCC and DGX.

Here are the company updates and trading highlights as of the third quarter of 2013.

InterDigital Inc. (IDCC, Financial)

Down 27% over 12 months, InterDigital Inc. (IDCC, Financial) is traded at a P/B ratio of 2.20, close to a 10-year low of 2.18.

Founded in 1972, InterDigital Inc. has a market cap of $1.23 billion; its shares were traded at around $29.83 with a P/E ratio of 31.90 and P/S ratio of 3.83. The dividend yield of IDCC stocks is 1.38%. The company had an annual average earnings growth of 38.80% over the past 10 years.

GuruFocus rated InterDigital Inc. the business predictability rank of 4-star.

Check out the 10-Year Valuations.

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

Tracking historical share price, revenue and net income:

03May20171508581493842138.png

Guru Action: As of the third quarter of 2013, IDCC is owned by nine gurus and there is recent insider selling.

As of Sept. 30, 2013, John Paulson is the top guru stakeholder. On his holding of 2,979,400 shares he lost 20.9% at an average price of $37.73 per share.

His current shares are 2,979,400 or 7.24% of shares outstanding.

Over six losing quarters, Paulson averaged a loss of 46% buying 4,050,400 shares at an average price of $55.75 per share. He averaged a loss of 8% on 1,071,000 shares sold at an average price of $32.45 per share.

Quest Diagnostics Inc. (DGX, Financial)

Down 7% over 12 months, Quest Diagnostics Inc. (DGX, Financial) is traded at a P/B ratio of 2.00, close to a 10-year low of 2.02.

Incorporated in 1990, Quest Diagnostics Inc. has a market cap of $7.85 billion; its shares were traded at around $53.99 with a P/E ratio of 10.90 and P/S ratio of 1.20. The dividend yield of DGX stocks is 2.20%. The company had an annual average earnings growth of 8.40% over the past 10 years.

GuruFocus rated Quest Diagnostics Inc. the business predictability rank of 3.5-star.

Check out the 10-Year Valuations.

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

Tracking historical share price, revenue and net income:

03May20171508581493842138.png

Guru Action: As of the third quarter of 2013, numerous gurus are holding and buying DGX, and there is recent insider selling.

As of Sept. 30, 2013, Brian Rogers is the top guru stakeholder. He lost 9.8% on his holding of 2,200,000 shares at an average price of $59.86 per share.

His current shares are 2,200,000 or 1.45% of shares outstanding.

Over three quarters, Rogers averaged a gain of 4% buying 2,200,000 shares at an average price of $51.84 per share.

PetroChina Co. Ltd. (PTR, Financial)

Down 24% over 12 months, PetroChina Co. Ltd. (PTR, Financial) is traded at a P/B ratio of 1.10, close to a 10-year low of 1.07.

Established as a joint stock company in 1999, PetroChina Co. Ltd. has a market cap of $200.83 billion; its shares were traded at around $109.73 with a P/E ratio of 10.10 and P/S ratio of 0.60. The dividend yield of PTR stocks is 3.80%. The company had an annual average earnings growth of 6.90% over the past 10 years.

GuruFocus rated PetroChina Co. Ltd. the business predictability rank of 3.5-star.

Check out the 10-Year Valuations.

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

Tracking historical share price, revenue and net income:

03May20171508591493842139.png

Guru Action: As of the third quarter of 2013, PTR is owned by eight gurus.

No insider trades were found.

As of Sept. 30, 2013, the top guru stakeholder Jim Simons reduced his position by 83.2%, selling 242,200 shares at an average price of $114.53 per share, for a 4.2% loss.

His current shares are 48,900 or 0% of shares outstanding, and 0.01% of his total assets managed.

Over a five-year history, Simons averaged a 4% loss buying 1,256,797 shares at an average price of $114.20 per share. He averaged a loss of 12% on 1,207,897 shares sold at an average price of $124.83 per share.

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