GuruFocus Premium Membership

Serving Intelligent Investors since 2004. Only 96 cents a day.

Free Trial

Free 7-day Trial
All Articles and Columns »

5-Year Lows: Schnitzer Steel Industries Inc., Walter Energy Inc., Silver Bay Realty Trust Corp and Resolute Energy Corp

February 12, 2014 | About:
GuruFocus

alicet236

4 followers

According to GuruFocus list of five-year lows, these Guru stocks have reached their five-year lows: Schnitzer Steel Industries Inc., Walter Energy Inc., Silver Bay Realty Trust Corp. and Resolute Energy Corp.

Schnitzer Steel Industries Inc. (SCHN) Reached the Five-Year Low of $25.23

The prices of Schnitzer Steel Industries Inc. (SCHN) shares have declined to close to the five-year low of $25.23, which is 67.2% off the five-year high of $69.43. Schnitzer Steel Industries Inc. is owned by three Gurus we are tracking. Among them, three have added to their positions during the past quarter. One reduced their position. Schnitzer Steel Industries Inc. was founded in 1906 as an Oregon Corporation. Schnitzer Steel Industries Inc. has a market cap of $672.198 million; its shares were traded at around $25.23 with and P/S ratio of 0.26. The dividend yield of Schnitzer Steel Industries Inc. stocks is 2.97%.

Schnitzer Steel Industries Inc. reported their 2014 first quarter financial results with revenues of $588 million and net income of $6 million.

GuruFocus Guru Richard Pzena (Trades, Portfolio), who owns 838,207 shares, increased his position in Schnitzer Steel Industries Inc. Joel Greenblatt (Trades, Portfolio) sold out his holdings of the company.

VP and Corporate Controller David J. Mendez sold 1,000 shares of SCHN stock on 11/12/2013 at the average price of $31.25.

Walter Energy Inc. (WLT) Reached the Five-Year Low of $10.31

The prices of Walter Energy Inc (WLT) shares have declined to close to the five-year low of $10.31, which is 93.1% off the five-year high of $143.76. Walter Energy Inc. is owned by nine Gurus we are tracking. Among them, five have added to their positions during the past quarter. two reduced their positions. Walter Energy Inc., a Delaware corporation, was incorporated in 1987. Walter Energy Inc. has a market cap of $645.162 million; its shares were traded at around $10.31 with and P/S ratio of 0.35. The dividend yield of Walter Energy Inc. stocks is 2.62%.

Walter Energy Inc. announced their 2013 third quarter results. The company reported net loss of $100.7 million and revenues of $455.8 million.

GuruFocus Gurus Third Avenue Management (Trades, Portfolio), Mariko Gordon (Trades, Portfolio) and Jean-Marie Eveillard (Trades, Portfolio) all initiated their positions in Walter Energy Inc.

Director David R. Beatty bought 10,000 shares of WLT stock on 11/01/2013 at the average price of $16.87.

Silver Bay Realty Trust Corp. (SBY) Reached the Five-Year Low of $16.10

The prices of Silver Bay Realty Trust Corp. (SBY) shares have declined to close to the five-year low of $16.10, which is 32.6% off the five-year high of $22.40. Silver Bay Realty Trust Corp. is owned by two Gurus we are tracking. Among them, zero have added to their positions during the past quarter. One reduced their positions. Silver Bay Realty Trust Corp. was formed as a Maryland corporation on June 29, 2012. Silver Bay Realty Trust Corp. has a market cap of $624.806 million; its shares were traded at around $16.10 with and P/S ratio of 17.45. The dividend yield of Silver Bay Realty Trust Corp. stocks is 0.25%.

Silver Bay Realty Trust Corp. reported revenues of $14.5 million and net loss of $6.4 million for their 2013 third quarter results.

Leon Cooperman (Trades, Portfolio) kept his position in Silver Bay Realty Trust Corp. unchanged. He owns 4,882 shares as of Sept. 30, 2013.

CEO David N. Miller bought 10,000 shares of SBY stock on 11/19/2013 at the average price of $15.34. Director Irvin R. Kessler, Director Ronald N. Weiser, Director Brian Taylor, and Secretary Timothy W. J. Obrien bought 48,106 shares of SBY stock in August and November.

Resolute Energy Corp. (REN) Reached the Five-Year Low of $8.10

The prices of Resolute Energy Corp. (REN) shares have declined to close to the five-year low of $8.10, which is 60.4% off the five-year high of $18.55. Resolute Energy Corp. is owned by five Gurus we are tracking. Among them, three have added to their positions during the past quarter. One reduced their positions. Resolute Energy Corp. was founded as a private company in 2004 to acquire and operate large-scale oil and gas properties, with particular focus on oil. Resolute Energy Corp. has a market cap of $621.879 million; its shares were traded at around $8.10 with a P/E ratio of 352.10 and P/S ratio of 1.62.

Resolute Energy Corp. announced their 2013 third quarter results with revenues of $89.1 million and net loss of $2.7 million.

GuruFocus Guru Jean-Marie Eveillard (Trades, Portfolio) initiated his position in REN and bought 11,720 shares.

Director James E. Duffy, Director, Senior Officer Ronald L. Parratt, Senior Officer Doris Meyer, Director Dieter Krewedl and Senior Officer Timothy Mark Janke bought 46,500 shares of REN stock in October and November.

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


Rating: 4.0/5 (2 votes)

Comments

Please leave your comment:


Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Email Hide