Last week’s top two out of favor industries were the Banking and Automobile industries. 30 banks have reached their 52-week lows, while 26 have reached their 52-week highs, giving the industry a low/high ratio of 1.15. In the automobile industry, 2 stocks have reached their 52-week lows, while 6 have reached their 52-week highs, giving the industry a low/high ratio of 0.33.
For full details about guru stocks at 52-week lows and more information, click here: http://www.gurufocus.com/52weeklow.php.
EnCana Corp. (ECA) Reached the 52-Week Low of $28.26
The prices of EnCana Corp. (ECA) shares have declined to close to the 52-week low of $28.26, which is 55.4% off the 52-week high of $62.97. EnCana Corp. is owned by 13 Gurus we are tracking. Among them, 6 have added to their positions during the past quarter. 5 reduced their positions. EnCana Corporation is one of the world's largest independent natural gas producers and gas storage operators. Encana Corp. has a market cap of $21.2 billion; its shares were traded at around $28.26 with a P/E ratio of 6.9 and P/S ratio of 0.7. The dividend yield of Encana Corp. stocks is 5.8%. Encana Corp. had an annual average earning growth of 34% over the past 5 years.
EnCana generated third quarter cash flow of US$2.1 billion, or $2.77 per share, and operating earnings of $775 million, or $1.03 per share. “Our company’s solid operational and financial performance during a period of weak prices is evidence that EnCana’s strategy is working. We remain focused on being the lowest cost producer by applying advanced technologies and by pursuing operational efficiencies across all resource plays. In addition, our successful hedging program has helped us sustain strong cash flow. To help preserve the value of our resource base, we have curtailed significant natural gas production in many of our operating areas and have significant productive capacity available to bring to market as prices recover,” said Randy Eresman, EnCana’s President & Chief Executive Officer.
George Soros bought 13,700 shares in the quarter that ended on 09/30/2009, which is 0.02% of the $4.41 billion portfolio of Soros Fund Management LLC. Bill Nygren owns 1,150,000 shares as of 09/30/2009, an increase of 21.05% from the previous quarter. This position accounts for 2.21% of the $3 billion portfolio of Oak Mark Fund.
Editor Note: As pointed out by GuruFocus user Yhlbb below, the price drop is due to a recent spin-off of the company. On November 30, EnCana Corporation completed its transaction to split into two highly focused energy companies: Cenovus Energy Inc., an integrated oil company and EnCana Corporation, a pure play natural gas company. For details, go to the company website.
Genzyme Corp. (GENZ) Reached the 52-Week Low of $49.74
The prices of Genzyme Corp. (GENZ) shares have declined to close to the 52-week low of $49.74, which is 34.2% off the 52-week high of $73.21. Genzyme Corp. is owned by 12 Gurus we are tracking. Among them, 4 have added to their positions during the past quarter. 5 reduced their positions.
Genzyme Corporation is a global biotechnology company dedicated to making a major positive impact on the lives of people with serious diseases. The company has a market cap of $13.2 billion; its shares were traded at around $49.74 with a P/E ratio of 17.6 and P/S ratio of 2.9. Genzyme Corp. had an annual average earning growth of 20.2% over the past 10 years. GuruFocus rated Genzyme Corp. the business predictability rank of 4-star.
Genzyme recently reported its third quarter results. The company announced that its third-quarter revenue was $1.06 billion, compared with $1.16 billion in the same period a year ago. Results reflect the impact of the temporary interruption in production of Cerezyme® (imiglucerase for injection) and Fabrazyme® (agalsidase beta) associated with the remediation of the company’s Allston manufacturing facility.
Carl Icahn bought 1,450,800 shares in the quarter that ended on 09/30/2009, which is 2.63% of the $3.13 billion portfolio of Icahn Capital Management LP. Jean-Marie Eveillard owns 458,264 shares as of 09/30/2009, an increase of 32586.4% from the previous quarter. This position accounts for 0.24% of the $10.76 billion portfolio of Arnhold & S. Bleichroeder Advisers, LLC.
Sell:: Chmn, President and CEO Henri A Termeer sold 200,000 shares of GENZ stock on 11/23/2009 at the average price of 50.47, the price of the stock has decreased by 1.45% since. Other insiders have also decreased their positions in the company.
The Kroger Co. (KR) Reached the 52-Week Low of $20.03
The prices of The Kroger Co. (KR) shares have declined to close to the 52-week low of $20.03, which is 29.1% off the 52-week high of $27.46. The Kroger Co. is owned by 7 Gurus we are tracking. Among them, 5 have added to their positions during the past quarter. 1 reduced their position.
Kroger Company is one of the larger grocery retailers in the United States. The company also manufactures and processes food for sale by its supermarkets. The company intends to develop new food and convenience store locations and will continue to assess existing stores as to possible replacement, remodeling, enlarging, or closing. The Kroger Co. has a market cap of $13.04 billion; its shares were traded at around $20.03 with a P/E ratio of 10.1 and P/S ratio of 0.2. The dividend yield of The Kroger Co. stocks is 1.9%. The Kroger Co. had an annual average earning growth of 7.1% over the past 5 years.
Kroger recently reported its third quarter results. The company reported a net loss of $874.9 million, or $1.35 per diluted share. These results include non-cash asset impairment charges totaling $1.05 billion, after-tax, that primarily resulted from a goodwill write-down at the Company’s Ralphs division in southern California. Excluding these impairment charges, net earnings for the quarter would have been $176.7 million, or $0.27 per diluted share (Table 6).
NWQ Managers bought 8,805,426 shares in the quarter that ended on 09/30/2009, which is 1.05% of the $17.23 billion portfolio of NWQ Investment Management Co. Charles Brandes owns 3,676,696 shares as of 09/30/2009, an increase of 603.14% from the previous quarter. This position accounts for 0.36% of the $21.32 billion portfolio of Brandes Investment. Jean-Marie Eveillard owns 111,000 shares as of 09/30/2009, which accounts for 0.02% of the $10.76 billion portfolio of Arnhold & S. Bleichroeder Advisers, LLC.
Sell:: Special Advisor to the CEO Don W Mcgeorge sold 90,000 shares of KR stock on 10/05/2009 at the average price of 21, the price of the stock has decreased by 4.62% since.
Huaneng Power International Inc. (HNP) Reached the 52-Week Low of $23.29
The prices of Huaneng Power International Inc. (HNP) shares have declined to close to the 52-week low of $23.29, which is 33.2% off the 52-week high of $33.85. Huaneng Power International Inc. is owned by 2 Gurus we are tracking. Among them, 1 has added to their positions during the past quarter. 2 reduced their positions.
Huaneng Power Intl. develops, constructs, owns and operates large coal-fired power plants throughout China. They own and operate power plants located in Liaoning, Fujian, Hebei, Jiangsu and Guangdong. Huaneng Power International Inc. has a market cap of $7.02 billion; its shares were traded at around $23.29 with and P/S ratio of 0.7. The dividend yield of Huaneng Power International Inc. stocks is 2.4%. Huaneng Power International Inc. had an annual average earning growth of 12.8% over the past 5 years.
Emdeon Inc. (EM) Reached the 52-Week Low of $15.16
The prices of Emdeon Inc. (EM) shares have declined to close to the 52-week low of $15.16, which is 17.9% off the 52-week high of $18. Emdeon Inc. is owned by 3 Gurus we are tracking. Among them, 3 have added to their positions during the past quarter. 0 reduced their positions. Emdeon Inc. has a market cap of $1.37 billion; its shares were traded at around $15.16 .
Emdeon Inc. recently reported its third quarter results. The company announced third quarter revenues of $235.5 million, compared with $212.8 million a year ago, or up 10.6%. GAAP operating income was $18 million, compared with $23.1 million.
George Soros bought 5,696,712 shares in the quarter that ended on 09/30/2009, which is 2.09% of the $4.41 billion portfolio of Soros Fund Management LLC. Ron Baron bought 754,000 shares in the quarter that ended on 09/30/2009, which is 0.09% of the $13.75 billion portfolio of Baron Funds.
Sell:: See remarks Llc Gapstar sold 249,767 shares of EM stock on 08/17/2009 at the average price of 15.5, the price of the stock has decreased by 2.19% since. Many other insiders have also decreased their positions in the company.





