According to GuruFocus updates, these stocks have declined the most since Gurus have bought.
ArcelorMittal SA (MT, Financial): Down 22% since Jim Simons (Trades, Portfolio) bought in the quarter ended on 2014-06-30
Jim Simons (Trades, Portfolio) initiated holdings in diversified industrials company ArcelorMittal SA during the quarter ended 06/30/2014. His purchase prices were between $14.81 and $16.69, with an estimated average price of $15.74. Since then the prices of ArcelorMittal SA shares have declined by -22% from the estimated average. Jim Simons (Trades, Portfolio) owned 296,973 shares of ArcelorMittal SA as of 06/30/2014.
ArcelorMittal SA is a steel and mining company. The company has six reportable segments corresponding to continuing operations: Flat Carbon Americas; Flat Carbon Europe; Long Carbon Americas and Europe; AACIS; Distribution Solutions; and Mining. Arcelormittal Sa has a market cap of $20.4 billion; its shares were traded at around $12.25 with and P/S ratio of 0.29. The dividend yield of Arcelormittal Sa stocks is 1.39%. Arcelormittal Sa had an annual average earnings growth of 0.20% over the past 5 years.
MT recently reported its third quarter 2014 financial results. The company announced EBITDA of $1.9 billion in Q3 2014, up 11.2% compared to results from the third quarter of 2013. Steel shipments were 21.5Mt in 3Q 2014, an increase of 3.9% compared to the third quarter of 2013.
Chris Shumway (Trades, Portfolio) bought 229,500 shares in the quarter that ended on 12/31/2010, which is 0.12% of the $7.45 billion portfolio of Shumway Capital Partners LLC.
Freeport-McMoRan Inc (FCX, Financial): Down 22% since Jim Simons (Trades, Portfolio) bought in the quarter ended on 2014-09-30
Jim Simons (Trades, Portfolio) initiated holdings in Nonferrous Metals company Freeport-McMoRan Inc during the quarter ended 09/30/2014. His purchase prices were between $32.4 and $39.04, with an estimated average price of $36.39. Since then the prices of Freeport-McMoRan Inc shares have declined by -22% from the estimated average. Jim Simons (Trades, Portfolio) owned 1,223,071 shares of Freeport-McMoRan Inc as of 09/30/2014.
Freeport-McMoRan Inc, formerly Freeport-McMoRan Copper & Gold, was incorporated under the laws of the state of Delaware on November 10, 1987. Freeport-McMoRan Inc has a market cap of $29.41 billion; its shares were traded at around $28.30 with a P/E ratio of 13.10 and P/S ratio of 1.34. The dividend yield of Freeport-McMoRan Inc stocks is 4.42%.
Mario Gabelli (Trades, Portfolio) owns 1,641,026 shares as of 09/30/2014, an increase of 10.2% from the previous quarter. This position accounts for 0.29% of the $18.59 billion portfolio of GAMCO Investors. Ken Fisher (Trades, Portfolio) owns 9,124 shares as of 09/30/2014, a decrease of 28.94% of from the previous quarter. This position accounts for 0.0006% of the $46.91 billion portfolio of Fisher Asset Management, LLC
Director Bobby Lee Lackey bought 300 shares of FCX stock on 11/04/2014 at the average price of 27.82. Bobby Lee Lackey owns at least 49,342 shares after this. The price of the stock has increased by 1.73% since.
Continental Resources Inc (CLR, Financial): Down 22% since Ken Heebner (Trades, Portfolio) bought in the quarter ended on 2014-06-30
Ken Heebner (Trades, Portfolio) initiated holdings in exploration and production company Continental Resources Inc during the quarter ended 06/30/2014. His purchase prices were between $61.43 and $78.86, with an estimated average price of $69.36. Since then the prices of Continental Resources Inc shares have declined by -22% from the estimated average. Ken Heebner (Trades, Portfolio) owned 60,000 shares of Continental Resources Inc as of 06/30/2014.
Continental Resources Inc was originally formed in 1967. Continental Resources Inc has a market cap of $20.09 billion; its shares were traded at around $53.97 with a P/E ratio of 20.10 and P/S ratio of 4.60. Continental Resources Inc had an annual average earnings growth of 63.80% over the past 5 years.
CLR recently announced third quarter 2014 operating and financial results. Net income for the quarter ended September 30, 2014 was $534 million, or $1.44 per diluted share. Excluding items typically excluded from published analyst estimates, adjusted net income for third quarter 2014 was $301 million, or $0.81 per diluted share.
Mario Gabelli (Trades, Portfolio) owns 44,330 shares as of 09/30/2014, an increase of 17.4% from the previous quarter. This position accounts for 0.016% of the $18.59 billion portfolio of GAMCO Investors. John Keeley (Trades, Portfolio) owns 82,360 shares as of 09/30/2014, which accounts for 0.11% of the $4.91 billion portfolio of Keeley Asset Management Corp. Ken Heebner (Trades, Portfolio) sold out his holdings in the quarter that ended on 09/30/2014.
CEO & Chairman, 10% Owner Harold Hamm bought 71,999 shares of CLR stock on 09/22/2014 at the average price of 67.45. Harold Hamm owns at least 252,956,381 shares after this. The price of the stock has decreased by 19.99% since.
Banco Santander Brasil SA/Brazil (BSBR, Financial): Down 21% since Mario Gabelli (Trades, Portfolio) bought in the quarter ended on 2014-09-30
Mario Gabelli (Trades, Portfolio) added to his holdings in banks company Banco Santander Brasil SA/Brazil by 86.93% during the quarter ended 09/30/2014. His purchase prices were between $6.48 and $7.09, with an estimated average price of $6.81. Since then the prices of Banco Santander Brasil SA/Brazil shares have declined by -21% from the estimated average. Mario Gabelli (Trades, Portfolio) owned 46,662 shares of Banco Santander Brasil SA/Brazil as of 09/30/2014.
Banco Santander Brasil SA/Brazil was incorporated on August 9, 1985. Banco Santander Brasil Sa/brazil has a market cap of $40.85 billion; its shares were traded at around $5.41 with a P/E ratio of 0.10 and P/S ratio of 0.10. The dividend yield of Banco Santander Brasil Sa/brazil stocks is 4.40%. Banco Santander Brasil Sa/brazil had an annual average earnings growth of 150.00% over the past 5 years.
Mario Gabelli (Trades, Portfolio) owns 46,662 shares as of 09/30/2014, an increase of 86.93% from the previous quarter. This position accounts for 0.0016% of the $18.59 billion portfolio of GAMCO Investors. Tweedy Browne (Trades, Portfolio) owns 35,814,778 shares as of 09/30/2014, a decrease of 41.64% of from the previous quarter. This position accounts for 5.4% of the $4.35 billion portfolio of Tweedy Browne (Trades, Portfolio) CO LLC.
Apache Corporation (APA, Financial): Down 26% since Mario Gabelli (Trades, Portfolio) bought in the quarter ended on 2014-09-30
Mario Gabelli (Trades, Portfolio) added to his holdings in Exploration & Production company Apache Corporation by 24.64% during the quarter ended 09/30/2014. His purchase prices were between $93.31 and $103.48, with an estimated average price of $99.02. Since then the prices of Apache Corporation shares have declined by -26% from the estimated average. Mario Gabelli (Trades, Portfolio) owned 61,710 shares of Apache Corporation as of 09/30/2014.
Apache Corporation is a Delaware corporation formed in 1954, is an independent energy company that explores for, develops, and produces natural gas, crude oil, and natural gas liquids. Apache Corporation has a market cap of $27.61 billion; its shares were traded at around $73.35 with and P/S ratio of 1.94. The dividend yield of Apache Corporation stocks is 1.30%. Apache Corporation had an annual average earnings growth of 8.90% over the past 10 years. GuruFocus rated Apache Corporation the business predictability rank of 2.5-star.
Apache Corporation recently announced that non-cash charges resulted in a third-quarter 2014 net loss of $1.3 billion or $3.50 per diluted common share. Adjusted earnings, which exclude certain items that impact the comparability of results, totaled $528 million or $1.38 per share.
Joel Greenblatt (Trades, Portfolio) owns 28,177 shares as of 09/30/2014, an increase of 100.23% from the previous quarter. This position accounts for 0.026% of the $10.05 billion portfolio of Gotham Asset Management, LLC. Mario Gabelli (Trades, Portfolio) owns 61,710 shares as of 09/30/2014, an increase of 24.64% from the previous quarter. This position accounts for 0.031% of the $18.59 billion portfolio of GAMCO Investors.
Corporate Secretary Cheri L Peper sold 796 shares of APA stock on 08/21/2014 at the average price of 100. Cheri L Peper owns at least 5,457 shares after this. The price of the stock has decreased by 26.65% since.
