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Weekly 3-Year Low Highlights: DO, BIG, PGEM, CCG

January 27, 2014 | About:
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According to GuruFocus list of 3-year lows; Diamond Offshore Drilling Inc, Big Lots Inc, Ply Gem Holdings Inc, and Campus Crest Communities have all reached their 3-year lows.

Diamond Offshore Drilling, Inc. (DO) Reached the 3-year Low of $51.04

The prices of Diamond Offshore Drilling (DO) shares have declined to close to the 3-year low of $51.04, which is 37.9% off the 3-year high of $81.19.

Diamond Offshore Drilling. is owned by 7 Gurus we are tracking. Among them, four have added to their positions during the past quarter and 3 have reduced their positions. Diamond Offshore Drilling was incorporated in Delaware in 1989. Diamond Offshore Drilling, Inc. has a market cap of $7.1 billion; its shares were traded at around $51.04 with a P/E ratio of 11.60 and P/S ratio of 2.41. The dividend yield of Diamond Offshore Drilling, Inc. stocks is 0.98%. Diamond Offshore Drilling, Inc. had an annual average earnings growth of 27.40% over the past 10 years.

Diamond Offshore Drilling has released its third quarter 2013 results. The company reported net income of $95 million for the quarter ($0.68 per diluted share), compared with a net income of $178 million ($1.28 per share) last year. Revenues decreased to $691 million from $714 million. These results were affected by an unfavorable $93 million after tax impact related to customer non-payments.

1 Guru Increased Positions: Brian Rogers (Trades, Portfolio) owns 3,250,000 shares as of 12/31/2013, an increase of 18.18% from the previous quarter.

2 Gurus Kept Positions in DO Unchanged or Slightly Adjusted: Brian Rogers (Trades, Portfolio) owns 3,250,000 shares as of 12/31/2013, which accounts for 0.67% of the $27.65 billion portfolio of T Rowe Price Equity Income Fund. Mario Gabelli (Trades, Portfolio) owns 11,300 shares as of 09/30/2013, which accounts for 0.0041% of the $17.03 billion portfolio of GAMCO Investors.

1 Guru Sold Out DO: John Hussman (Trades, Portfolio) sold out his holdings in the quarter that ended on 09/30/2013.

Big Lots, Inc. (BIG) Reached the 3-year Low of $27.64

The prices of Big Lots. (BIG) shares have declined to close to the 3-year low of $27.64, which is 43.5% off the 3-year high of $47.22.

Big Lots, Inc. has a market cap of $1.62 billion; its shares were traded at around $27.64 with a P/E ratio of 9.90 and P/S ratio of 0.29. Big Lots, Inc. had an annual average earnings growth of 20.50% over the past 10 years. GuruFocus rated Big Lots, Inc. the business predictability rank of 4-star.

Big Lots Inc. reported third quarter 2013 loss from continuing operations of $9.5 million ($0.17 per diluted share), which compares to a loss of $6 million in the third quarter of 2012. Adjusted net sales increased 1.8% to $1.1 billion.

3 Gurus Initiated Positions: David Dreman (Trades, Portfolio) bought 199,792 shares in the quarter that ended on Sept. 30. Joel Greenblatt (Trades, Portfolio) bought 181,096 shares in the quarter that ended on Sept. 30. HOTCHKIS & WILEY bought 840,500 shares in the quarter that ended on Sept. 30.

2 Gurus Increased Positions: Third Avenue Management (Trades, Portfolio) owns 447,053 shares as of Sept. 30, an increase of 39.21% from the previous quarter. Richard Snow (Trades, Portfolio) owns 2,072,113 shares as of Sept. 30, an increase of 10.78% from the previous quarter.

Ply Gem Holdings Inc (PGEM) Reached the 3-year Low of $13.36

The prices of Ply Gem Holdings Inc (PGEM) shares have declined to close to the 3-year low of $13.36, which is 48.1% off the 3-year high of $24.46.

Ply Gem Holdings was incorporated under the laws of the State of Delaware on January 23, 2004. Ply Gem Holdings Inc has a market cap of $897.980 million; its shares were traded at around $13.36 with and P/S ratio of 0.57.

For its quarter ended September 28, 2013, Ply Gem Holdings generated net sales of $407 million compared to $306 million a year ago and diluted EPS of $0.25 compared with a loss of $0.08 last year.

1 Guru Increased Positions: David Tepper (Trades, Portfolio) owns 439,858 shares as of Sept. 30, an increase of 194.22% from the previous quarter. This position accounts for 0.098% of the $6.28 billion portfolio of Appaloosa Management LP.

1 Guru Reduced Positions: Ron Baron (Trades, Portfolio) owns 1,948,560 shares as of Sept. 30, a decrease of 26.28% of from the previous quarter. This position accounts for 0.12% of the $21.84 billion portfolio of Baron Funds.

Campus Crest Communities, Inc. (CCG) Reached the 3-year Low of $9.15

The prices of Campus Crest Communities (CCG) shares have declined to close to the 3-year low of $9.15, which is 39.3% off the 3-year high of $14.36.

Campus Crest Communities has a market cap of $590.847 million; its shares were traded at around $9.15 with a P/E ratio of 61.80 and P/S ratio of 3.19. The dividend yield of Campus Crest Communities stocks is 7.21%.

1 Guru Reduced Positions: Chris Davis (Trades, Portfolio) owns 467,032 shares as of Sept. 30, a decrease of 39.36% of from the previous quarter. This position accounts for 0.013% of the $38.52 billion portfolio of Davis Selected Advisers.

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


Rating: 3.0/5 (2 votes)

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