According to GuruFocus' list of 52-week lows, these guru stocks have reached their 52-week lows.
Berkshire Hathaway reached the 52-week low of $187,001.00
The price of Berkshire Hathaway Inc. (BRK.A, Financial) shares has declined to close to the 52-week low of $187,001.00, which is 17.8% off the 52-week high of $227,450.00. Berkshire Hathaway is owned by 23 gurus we are tracking. Among them, one added to the position during the past quarter. Nine reduced their positions.
Berkshire Hathaway was incorporated in the state of Delaware on June 16, 1998 under the name NBH Inc. Berkshire Hathaway has a market cap of $305.76 billion; its shares were traded at around $187,001.00 with a P/E ratio of 13.49 and P/S ratio of 1.49. Berkshire Hathaway had an annual average earnings growth of 9.80% over the past 10 years. GuruFocus rated Berkshire Hathaway the business predictability rank of 3-star.
Berkshire Hathaway recently reported its third-quarter 2015 financial results. Operating earnings were $4.551 billion for the third quarter of 2015, compared to $4.724 billion for the third quarter of 2014. Net earnings attributable to shareholders was $9.428 billion, compared to $4.617 billion for the year-ago quarter.
Wells Fargo reached the 52-week low of $47.66
The price of Wells Fargo & Co. (WFC, Financial) shares has declined to close to the 52-week low of $47.66, which is 20.2% off the 52-week high of $58.77. Wells Fargo is owned by 49 gurus we are tracking. Among them, 16 added to their positions during the past quarter. Twenty-four reduced their positions.
Wells Fargo was founded on March 18, 1852 under the laws of Delaware. Wells Fargo has a market cap of $243.44 billion; its shares were traded at around $47.66 with a P/E ratio of 11.47 and P/S ratio of 2.91. The dividend yield of Wells Fargo stocks is 3.08%. Wells Fargo had an annual average earnings growth of 5.70% over the past 10 years.
Wells Fargo recently reported its fourth-quarter 2015 financial results. The company announced net income of $23.0 billion for the full year of 2015, consistent with results from 2014. For the quarter, net income was $5.7 billion, and diluted EPS was $1.03, up 1%.
T Boone Pickens (Trades, Portfolio) bought 7,300 shares in the quarter that ended on Dec. 31, 2014, which is 0.78% of the $37 million portfolio of TBP Investments Management LLC. Joel Greenblatt (Trades, Portfolio) bought 122,000 shares in the quarter that ended on Dec. 31, 2014, which is 0.054% of the $10.25 billion portfolio of Gotham Asset Management LLC. Third Avenue Management (Trades, Portfolio) owned 16,701 shares as of Dec. 31, 2014, an increase of 255.42% from the previous quarter. This position accounts for 0.023% of the $3.67 billion portfolio of Third Avenue Management (Trades, Portfolio).
Director, Senior Officer and 10% security holder Bruno Jacob Wall bought 45,000 shares of Wells Fargo stock on Aug. 6, 2015. Wall owns at least 45,000 shares.
Novartis AG reached the 52-week low of $81.62
The price of Novartis AG (NVS, Financial) shares has declined to close to the 52-week low of $81.62, which is 26.3% off the 52-week high of $106.84. Novartis is owned by 18 gurus we are tracking. Among them, six added to their positions during the past quarter. Thirteen reduced their positions.
Novartis was incorporated on Feb. 29, 1996, under Swiss laws. Novartis has a market cap of $195.55 billion; its shares were traded at around $81.62 with a P/E ratio of 11.32 and P/S ratio of 4.07. The dividend yield of Novartis stocks is 3.27%. Novartis had an annual average earnings growth of 1.30% over the past 10 years.
Kahn Brothers (Trades, Portfolio) owned 30,968 shares as of Dec. 31, 2014, which accounts for 0.49% of the $540 million portfolio of Kahn Brothers (Trades, Portfolio). HOTCHKIS & WILEY owned 9,665 shares as of Dec. 31, 2014, which accounts for 0.0031% of the $24.94 billion portfolio of Hotchkis & Wiley Capital Management LLC. Ruane Cunniff (Trades, Portfolio) sold out its holdings in the quarter that ended on Dec. 31, 2014.
Oracle reached the 52-week low of $34.34
The price of Oracle Corp. (ORCL, Financial) shares has declined to close to the 52-week low of $34.34, which is 26.9% off the 52-week high of $45.33. Oracle is owned by 41 gurus we are tracking. Among them, 19 added to their positions during the past quarter. Twenty-two reduced their positions.
Oracle was incorporated in Delaware on Sept. 9, 2005. Oracle has a market cap of $144.27 billion; its shares were traded at around $34.34 with a P/E ratio of 16.48 and P/S ratio of 4.07. The dividend yield of Oracle stocks is 1.74%. Oracle had an annual average earnings growth of 16.20% over the past 10 years. GuruFocus rated Oracle the business predictability rank of 3.5-star.
Oracle recently reported its second-quarter fiscal 2016 financial results. The company announced total revenues of $9.0 billion, down 6% in U.S. dollars. Operating income was $3.0 billion, and operating margin was 33%. Non-GAAP operating income was $3.7 billion.
Yacktman Fund (Trades, Portfolio) owned 17,000,000 shares as of Dec. 31, 2014, an increase of 28.89% from the previous quarter. This position accounts for 6.5% of the $7.39 billion portfolio of Yacktman Fund (Trades, Portfolio). Wallace Weitz (Trades, Portfolio) owned 1,339,517 shares as of Dec. 31, 2014, a decrease of 34.58% of from the previous quarter. This position accounts for 1.7% of the $3.2 billion portfolio of Weitz Investment Management Inc.
CEO Mark V. Hurd sold 375,000 shares of Oracle stock on Oct. 1, 2015 at the average price of 36.18. Hurd owns at least 50,889 shares. The price of the stock has decreased by 5.09% since.
Bank of America reached the 52-week low of $12.96
The price of Bank of America Corporation (BAC, Financial) shares has declined to close to the 52-week low of $12.96, which is 29.9% off the 52-week high of $18.48. Bank of America Corporation is owned by 42 Gurus we are tracking. Among them, 15 added to their positions during the past quarter. Twenty reduced their positions.
Bank of America was incorporated on July 31, 1998 in Delaware. Bank of America has a market cap of $134.95 billion; its shares were traded at around $12.96 with a P/E ratio of 9.65 and P/S ratio of 1.75. The dividend yield of Bank of America stocks is 1.51%. Bank of America had an annual average earnings growth of 15.10% over the past five years.
Ken Heebner (Trades, Portfolio) owned 8,830,000 shares as of Dec. 31, 2014, an increase of 32.78% from the previous quarter. This position accounts for 4.4% of the $3.1 billion portfolio of Capital Growth Management LP. Pickens owned 30,000 shares as of Dec. 31, 2014, an increase of 20% from the previous quarter. This position accounts for 1% of the $37 million portfolio of TBP Investments Management LLC. Mohnish Pabrai (Trades, Portfolio) owned 3,146,000 shares as of Dec. 31, 2014, a decrease of 30.15% from the previous quarter.
Director or Senior Officer of Insider or Subsidiar Murray Ross Orr, bought 35,000 shares of Bank of America stock on Jan. 20. Orr owns at least 2,728,120 shares.
