Weekly Guru Bargains Highlights: SMFG, EOG

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Apr 28, 2014

According to GuruFocus updates, these stocks have declined the most since Gurus have bought.

Sumitomo Mitsui Financial Group Inc. (SMFG, Financial): Down 21% Since Sarah Ketterer (Trades, Portfolio) Bought in the Quarter Ended on 2013-12-31

Sarah Ketterer (Trades, Portfolio) added to his holdings in Banks company Sumitomo Mitsui Financial Group Inc. by 258.05% during the quarter ended 12/31/2013. His purchase prices were between $9.46 and $10.44, with an estimated average price of $9.94. Since then the prices of Sumitomo Mitsui Financial Group Inc shares have declined by -21% from the estimated average. Sarah Ketterer (Trades, Portfolio) owned 894,045 shares of Sumitomo Mitsui Financial Group Inc. as of 12/31/2013.

Sumitomo Mitsui Financial Group Inc. was established in December 2002 as a holding company for the group through a statutory share transfer (kabushiki-iten) of all of the outstanding equity securities of the former SMBC in exchange for newly issued securities. Sumitomo Mitsui Financial Group Inc. has a market cap of $53.67 billion; its shares were traded at around $7.85 with a P/E ratio of 7.50 and P/S ratio of 1.77. The dividend yield of Sumitomo Mitsui Financial Group Inc. stocks is 3.06%.

Ken Fisher (Trades, Portfolio) owns 25,977 shares as of 03/31/2014, which accounts for 0.0005% of the $44.34 billion portfolio of Fisher Asset Management LLC. David Dreman (Trades, Portfolio) owns 518,932 shares as of 12/31/2013, a decrease of 28.96% of from the previous quarter. This position accounts for 0.6% of the $1.32 billion portfolio of Dreman Value Management.

EOG Resources Inc. (EOG, Financial): Down 44% Since Ken Fisher (Trades, Portfolio) Bought in the Quarter Ended on 2014-03-31

Ken Fisher (Trades, Portfolio) initiated holdings in exploration and production company EOG Resources Inc. during the quarter ended 03/31/2014. His purchase prices were between $161.74 and $197.16, with an estimated average price of $177.02. Since then the prices of EOG Resources Inc shares have declined by -44% from the estimated average. Ken Fisher (Trades, Portfolio) owned 1,244 shares of EOG Resources Inc. as of 03/31/2014.

EOG Resources Inc. is a Delaware corporation organized in 1985. EOG Resources Inc. has a market cap of $54.1 billion; its shares were traded at around $99.04 with a P/E ratio of 24.60 and P/S ratio of 3.74. The dividend yield of Eog Resources Inc. stocks is 0.41%. EOG Resources Inc. had an annual average earnings growth of 11.0% over the past 10 years. GuruFocus rated EOG Resources Inc. the business predictability rank of 3.5-star.

EOG recently reported full year 2013 net income of $2,197 million, or $8.04 per share, as compared to $570 million, or $2.11 per share, for the full year 2012. For the fourth quarter 2013, EOG reported net income of $580 million, or $2.12 per share. This compares to a fourth quarter 2012 net loss of $505 million, or $1.88 per share.

Ken Fisher (Trades, Portfolio) bought 1,244 shares in the quarter that ended on 03/31/2014, which is 0.0006% of the $44.34 billion portfolio of Fisher Asset Management LLC. Mario Gabelli (Trades, Portfolio) owns 18,900 shares as of 12/31/2013, a decrease of 23.7% of from the previous quarter. This position accounts for 0.017% of the $18.65 billion portfolio of GAMCO Investors. John Burbank (Trades, Portfolio) owns 5,500 shares as of 12/31/2013, a decrease of 55.28% of from the previous quarter. This position accounts for 0.031% of the $2.94 billion portfolio of Passport Capital.

VP and CFO Timothy K. Driggers sold 4,131 shares of EOG stock on 04/03/2014 at the average price of $100.49. Timothy K Driggers owns at least 129,262 shares after this. The price of the stock has decreased by 1.44% since.