Last week’s top five stocks that reached their 52-week lows were Petroleo Brasileiro S.A.Petrobras, Bank of America Corp, Cisco Systems Inc, and Abbott Laboratories.
According to http://www.gurufocus.com/52weeklow.php]GuruFocus updates[/url], these Guru stocks have reached their 52-week lows.
Petroleo Brasileiro S.A.Petrobras (PBR.A, Financial) Reached the 52-Week Low of $29.2
The prices of Petroleo Brasileiro S.A.Petrobras (PBR.A) shares have declined to close to the 52-week low of $29.2, which is 39.0% off the 52-week high of $46.91. Petroleo Brasileiro S.A.Petrobras is owned by 14 Gurus we are tracking. Among them, 10 have added to their positions during the past quarter. 3 reduced their positions.
Petrolo Brasilerio was founded in October of 1953 to operate in the Brazilian oil sector. Petroleo Brasileiro S.a.petrobras has a market cap of $121.49 billion; its shares were traded at around $29.2 with a P/E ratio of 9 and P/S ratio of 1. The dividend yield of Petroleo Brasileiro S.a.petrobras stocks is 0.5%.
Richard Perry bought 175,000 shares in the quarter that ended on 09/30/2010, which is 0.09% of the $6.36 billion portfolio of Perry Capital. Jean-Marie Eveillard owns 7,037,674 shares as of 09/30/2010, an increase of 12.08% from the previous quarter. This position accounts for 1.46% of the $15.82 billion portfolio of First Eagle Investment Management, LLC. PRIMECAP Management owns 1,188,300 shares as of 09/30/2010, which accounts for 0.06% of the $61.27 billion portfolio of PRIMECAP Management.
Bank of America Corp. (BAC, Financial) Reached the 52-Week Low of $11.12
The prices of Bank of America Corp. (BAC) shares have declined to close to the 52-week low of $11.12, which is 43.1% off the 52-week high of $19.48. Bank of America Corp. is owned by 44 Gurus we are tracking. Among them, 19 have added to their positions during the past quarter. 18 reduced their positions.
Bank of America Corp. is one of the world's financial services companies. Bank Of America Corp. has a market cap of $111.58 billion; its shares were traded at around $11.12 with a P/E ratio of 50.55 and P/S ratio of 0.74. The dividend yield of Bank Of America Corp. stocks is 0.36%.
BAC recently reported a net loss of $7.3 billion, or $0.77 per diluted share, in the third quarter of 2010, including a non-cash, non-tax deductible goodwill impairment charge of $10.4 billion. Excluding this charge, net income was $3.1 billion, or $0.27 per diluted share, compared with a net loss of $1.0 billion, or $0.26 per diluted share, in the third quarter of 2009.
Mark Hillman owns 1,354,395 shares as of 09/30/2010, an increase of 986.91% from the previous quarter. This position accounts for 4.12% of the $431 million portfolio of Hillman Capital Management. George Soros owns 124,500 shares as of 09/30/2010, a decrease of 63.27% of from the previous quarter. This position accounts for 0.02% of the $6.69 billion portfolio of Soros Fund Management LLC. Ken Heebner sold out his holdings in the quarter that ended on 09/30/2010.
Buy: CEO and President Brian T Moynihan bought 30,000 shares of BAC stock on 08/23/2010 at the average price of 13.03. Brian T Moynihan owns at least 453,727 shares after this. The price of the stock has decreased by 14.66% since. There are mixed trades from other insiders.
Cisco Systems Inc. (CSCO, Financial) Reached the 52-Week Low of $19.49
The prices of Cisco Systems Inc. (CSCO) shares have declined to close to the 52-week low of $19.49, which is 30.4% off the 52-week high of $27.57. Cisco Systems Inc. is owned by 30 Gurus we are tracking. Among them, 14 have added to their positions during the past quarter. 19 reduced their positions.
Cisco Systems, Inc. is the worldwide leader in networking for the Internet. Cisco Systems Inc. has a market cap of $108.85 billion; its shares were traded at around $19.49 with a P/E ratio of 13.26 and P/S ratio of 2.72. Cisco Systems Inc. had an annual average earning growth of 23% over the past 10 years. GuruFocus rated Cisco Systems Inc. the business predictability rank of 2.5-star.
CSCO recently reported its third quarter results for the period ended May 1, 2010. Cisco reported third quarter net sales of $10.4 billion, net income on a generally accepted accounting principles (GAAP) basis of $2.2 billion or $0.37 per share, and non-GAAP net income of $2.5 billion or $0.42 per share.
David Tepper bought 6,013,386 shares in the quarter that ended on 09/30/2010, which is 3.93% of the $3.35 billion portfolio of APPALOOSA MANAGEMENT LP. Whitney Tilson bought 58,000 shares in the quarter that ended on 09/30/2010, which is 0.23% of the $578 million portfolio of T2 Partners Management, LP. George Soros owns 24,800 shares as of 09/30/2010, a decrease of 21.27% of from the previous quarter. This position accounts for 0.01% of the $6.69 billion portfolio of Soros Fund Management LLC. Ken Heebner sold out his holdings in the quarter that ended on 09/30/2010.
Sell: Chairman and CEO John T Chambers sold 243,178 shares of CSCO stock on 08/18/2010 at the average price of 22.5. John T Chambers owns at least 3,098,451 shares after this. The price of the stock has decreased by 13.38% since.
Abbott Laboratories (ABT, Financial) Reached the 52-Week Low of $46.8
The prices of Abbott Laboratories (ABT) shares have declined to close to the 52-week low of $46.8, which is 18.5% off the 52-week high of $56.24. Abbott Laboratories is owned by 25 Gurus we are tracking. Among them, 9 have added to their positions during the past quarter. 14 reduced their positions.
Abbott Laboratories is a global, broad-based health care company devoted to discovering new medicines, new technologies and new ways to manage health. Abbott Laboratories has a market cap of $72.24 billion; its shares were traded at around $46.8 with a P/E ratio of 11.56 and P/S ratio of 2.35. The dividend yield of Abbott Laboratories stocks is 3.76%. Abbott Laboratories had an annual average earning growth of 7.3% over the past 10 years. GuruFocus rated Abbott Laboratories the business predictability rank of 4.5-star.
ABT recently reported its third quarter results. Diluted earnings per share, excluding specified items, were $1.05, reflecting 14.1 percent growth, at the high end of Abbott's previously issued guidance range of $1.03 to $1.05. Diluted earnings per share under Generally Accepted Accounting Principles (GAAP) were $0.57, primarily reflecting costs associated with recently announced restructuring actions for the integration of the Solvay Pharmaceuticals acquisition.
Mario Gabelli owns 437,060 shares as of 09/30/2010, which accounts for 0.1% of the $23.32 billion portfolio of GAMCO Investors. George Soros owns 6,900 shares as of 09/30/2010, a decrease of 70.13% of from the previous quarter. This position accounts for 0.01% of the $6.69 billion portfolio of Soros Fund Management LLC.
Buy: Director William A Osborn bought 3,000 shares of ABT stock on 07/29/2010 at the average price of 49.14. William A Osborn owns at least 20,490 shares after this. The price of the stock has decreased by 4.76% since.
According to http://www.gurufocus.com/52weeklow.php]GuruFocus updates[/url], these Guru stocks have reached their 52-week lows.
Petroleo Brasileiro S.A.Petrobras (PBR.A, Financial) Reached the 52-Week Low of $29.2
The prices of Petroleo Brasileiro S.A.Petrobras (PBR.A) shares have declined to close to the 52-week low of $29.2, which is 39.0% off the 52-week high of $46.91. Petroleo Brasileiro S.A.Petrobras is owned by 14 Gurus we are tracking. Among them, 10 have added to their positions during the past quarter. 3 reduced their positions.
Petrolo Brasilerio was founded in October of 1953 to operate in the Brazilian oil sector. Petroleo Brasileiro S.a.petrobras has a market cap of $121.49 billion; its shares were traded at around $29.2 with a P/E ratio of 9 and P/S ratio of 1. The dividend yield of Petroleo Brasileiro S.a.petrobras stocks is 0.5%.
Richard Perry bought 175,000 shares in the quarter that ended on 09/30/2010, which is 0.09% of the $6.36 billion portfolio of Perry Capital. Jean-Marie Eveillard owns 7,037,674 shares as of 09/30/2010, an increase of 12.08% from the previous quarter. This position accounts for 1.46% of the $15.82 billion portfolio of First Eagle Investment Management, LLC. PRIMECAP Management owns 1,188,300 shares as of 09/30/2010, which accounts for 0.06% of the $61.27 billion portfolio of PRIMECAP Management.
Bank of America Corp. (BAC, Financial) Reached the 52-Week Low of $11.12
The prices of Bank of America Corp. (BAC) shares have declined to close to the 52-week low of $11.12, which is 43.1% off the 52-week high of $19.48. Bank of America Corp. is owned by 44 Gurus we are tracking. Among them, 19 have added to their positions during the past quarter. 18 reduced their positions.
Bank of America Corp. is one of the world's financial services companies. Bank Of America Corp. has a market cap of $111.58 billion; its shares were traded at around $11.12 with a P/E ratio of 50.55 and P/S ratio of 0.74. The dividend yield of Bank Of America Corp. stocks is 0.36%.
BAC recently reported a net loss of $7.3 billion, or $0.77 per diluted share, in the third quarter of 2010, including a non-cash, non-tax deductible goodwill impairment charge of $10.4 billion. Excluding this charge, net income was $3.1 billion, or $0.27 per diluted share, compared with a net loss of $1.0 billion, or $0.26 per diluted share, in the third quarter of 2009.
Mark Hillman owns 1,354,395 shares as of 09/30/2010, an increase of 986.91% from the previous quarter. This position accounts for 4.12% of the $431 million portfolio of Hillman Capital Management. George Soros owns 124,500 shares as of 09/30/2010, a decrease of 63.27% of from the previous quarter. This position accounts for 0.02% of the $6.69 billion portfolio of Soros Fund Management LLC. Ken Heebner sold out his holdings in the quarter that ended on 09/30/2010.
Buy: CEO and President Brian T Moynihan bought 30,000 shares of BAC stock on 08/23/2010 at the average price of 13.03. Brian T Moynihan owns at least 453,727 shares after this. The price of the stock has decreased by 14.66% since. There are mixed trades from other insiders.
Cisco Systems Inc. (CSCO, Financial) Reached the 52-Week Low of $19.49
The prices of Cisco Systems Inc. (CSCO) shares have declined to close to the 52-week low of $19.49, which is 30.4% off the 52-week high of $27.57. Cisco Systems Inc. is owned by 30 Gurus we are tracking. Among them, 14 have added to their positions during the past quarter. 19 reduced their positions.
Cisco Systems, Inc. is the worldwide leader in networking for the Internet. Cisco Systems Inc. has a market cap of $108.85 billion; its shares were traded at around $19.49 with a P/E ratio of 13.26 and P/S ratio of 2.72. Cisco Systems Inc. had an annual average earning growth of 23% over the past 10 years. GuruFocus rated Cisco Systems Inc. the business predictability rank of 2.5-star.
CSCO recently reported its third quarter results for the period ended May 1, 2010. Cisco reported third quarter net sales of $10.4 billion, net income on a generally accepted accounting principles (GAAP) basis of $2.2 billion or $0.37 per share, and non-GAAP net income of $2.5 billion or $0.42 per share.
David Tepper bought 6,013,386 shares in the quarter that ended on 09/30/2010, which is 3.93% of the $3.35 billion portfolio of APPALOOSA MANAGEMENT LP. Whitney Tilson bought 58,000 shares in the quarter that ended on 09/30/2010, which is 0.23% of the $578 million portfolio of T2 Partners Management, LP. George Soros owns 24,800 shares as of 09/30/2010, a decrease of 21.27% of from the previous quarter. This position accounts for 0.01% of the $6.69 billion portfolio of Soros Fund Management LLC. Ken Heebner sold out his holdings in the quarter that ended on 09/30/2010.
Sell: Chairman and CEO John T Chambers sold 243,178 shares of CSCO stock on 08/18/2010 at the average price of 22.5. John T Chambers owns at least 3,098,451 shares after this. The price of the stock has decreased by 13.38% since.
Abbott Laboratories (ABT, Financial) Reached the 52-Week Low of $46.8
The prices of Abbott Laboratories (ABT) shares have declined to close to the 52-week low of $46.8, which is 18.5% off the 52-week high of $56.24. Abbott Laboratories is owned by 25 Gurus we are tracking. Among them, 9 have added to their positions during the past quarter. 14 reduced their positions.
Abbott Laboratories is a global, broad-based health care company devoted to discovering new medicines, new technologies and new ways to manage health. Abbott Laboratories has a market cap of $72.24 billion; its shares were traded at around $46.8 with a P/E ratio of 11.56 and P/S ratio of 2.35. The dividend yield of Abbott Laboratories stocks is 3.76%. Abbott Laboratories had an annual average earning growth of 7.3% over the past 10 years. GuruFocus rated Abbott Laboratories the business predictability rank of 4.5-star.
ABT recently reported its third quarter results. Diluted earnings per share, excluding specified items, were $1.05, reflecting 14.1 percent growth, at the high end of Abbott's previously issued guidance range of $1.03 to $1.05. Diluted earnings per share under Generally Accepted Accounting Principles (GAAP) were $0.57, primarily reflecting costs associated with recently announced restructuring actions for the integration of the Solvay Pharmaceuticals acquisition.
Mario Gabelli owns 437,060 shares as of 09/30/2010, which accounts for 0.1% of the $23.32 billion portfolio of GAMCO Investors. George Soros owns 6,900 shares as of 09/30/2010, a decrease of 70.13% of from the previous quarter. This position accounts for 0.01% of the $6.69 billion portfolio of Soros Fund Management LLC.
Buy: Director William A Osborn bought 3,000 shares of ABT stock on 07/29/2010 at the average price of 49.14. William A Osborn owns at least 20,490 shares after this. The price of the stock has decreased by 4.76% since.
