Guru Stocks at 52-Week Low: BRK.A, GE, HBC, JPM, WFC

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Sep 12, 2011
According to GuruFocus list of 52-week lows, these Guru stocks have reached their 52-week lows. Berkshire Hathaway Inc. Cl A (BRK.A, Financial) Reached the 52-Week Low of $102272


The prices of Berkshire Hathaway Inc. Cl A (BRK.A) shares have declined to close to the 52-week low of $102,272, which is 23.1% off the 52-week high of $131300. Berkshire Hathaway Inc. Cl A is owned by 24 Gurus we are tracking. Among them, seven have added to their positions during the past quarter. Seven reduced their positions.


Berkshire Hathaway Inc. is a holding company owning subsidiaries engaged in a number of diverse business activities. Berkshire Hathaway Inc. Cl A has a market cap of $168.54 billion; its shares were traded at around $102272 with a P/E ratio of 13.93 and P/S ratio of 1.24. Berkshire Hathaway Inc. Cl A had an annual average earnings growth of 18.2% over the past 10 years.


Berkshire Hathaway recently reported its second quarter 2011 results. The company announced that its operating earnings during the quarter were $2.7 billion, compared to $3.1 billion in the second quarter of 2010. For the six months ended during the quarter, operating earnings were $4.3 billion, compared to $5.3 billion a year ago.


General Electric Co. (GE, Financial) Reached the 52-Week Low of $15.09


The prices of General Electric Co. (GE) shares have declined to close to the 52-week low of $15.09, which is 29.9% off the 52-week high of $21.52. General Electric Co. is owned by 29 Gurus we are tracking. Among them, six have added to their positions during the past quarter. Twenty one reduced their positions.


General Electric is one of the largest and most diversified industrial corporations in the world. General Electric Co. has a market cap of $159.96 billion; its shares were traded at around $15.09 with a P/E ratio of 11.7 and P/S ratio of 1.06. The dividend yield of General Electric Co. stocks is 3.98%. General Electric Co. had an annual average earnings growth of 13.1% over the past 10 years.


GE recently reported second-quarter 2011 operating earnings from continuing operations of $3.7 billion, up 18%, or $0.34 per share, up 17%, from the second quarter of 2010. Revenues were $35.6 billion for the quarter, down 4% from a year ago, primarily driven by the absence of NBCU revenues after the sale of GE’s majority position to Comcast. Excluding this impact, revenues were up 7%.


Kenneth Fisher owns 31,323,677 shares as of 06/30/2011, an increase of 83.06% from the previous quarter. This position accounts for 1.5458% of the $38.22 billion portfolio of Fisher Asset Management, LLC. Whitney Tilson owns 15,322 shares as of 06/30/2011, a decrease of 42.32% of from the previous quarter. This position accounts for 0.0818% of the $353 million portfolio of T2 Partners Management, LP. NWQ Managers owns 143,555 shares as of 06/30/2011, a decrease of 46.35% of from the previous quarter. This position accounts for 0.0142% of the $19.36 billion portfolio of NWQ Investment Management Co.


Director William G. Beattie bought 5,000 shares of GE stock on 05/13/2011 at the average price of $19.89. William G. Beattie owns at least 26,162 shares after this. The price of the stock has decreased by 24.13% since.


HSBC Holdings PLC ADS (HBC, Financial) Reached the 52-Week Low of $40.05


The prices of HSBC Holdings PLC ADS (HBC) shares have declined to close to the 52-week low of $40.05, which is 32.1% off the 52-week high of $58.99. HSBC Holdings PLC ADS is owned by 10 Gurus we are tracking. Among them, three have added to their positions during the past quarter. Four reduced their positions.


HSBC Holdings PLC ADS is one of the largest banking and financial services organizations in the world. HSBC Holdings PLC ADS has a market cap of $141.83 billion; its shares were traded at around $40.05 with and P/S ratio of 1.39. The dividend yield of HSBC Holdings PLC ADS stocks is 4.74%.


HBC recently reported its earnings per share were 51 cents per share in the first half of 2011, up 34% from the first half of 2010, and 46% from the second half of 2010. Net assets per share were $8.59, up 17% from the first half of 2010, and 8% from the second half of 2010.


Charles Brandes owns 174,192 shares as of 06/30/2011, an increase of 427.3% from the previous quarter. This position accounts for 0.0613% of the $14.11 billion portfolio of Brandes Investment. David Dreman owns 68,554 shares as of 06/30/2011, an increase of 43.9% from the previous quarter. This position accounts for 0.0651% of the $5.23 billion portfolio of Dreman Value Management. Richard Pzena sold out his holdings in the quarter that ended on 06/30/2011.


JPMorgan Chase (JPM, Financial) Reached the 52-Week Low of $32.08


The prices of JPMorgan Chase (JPM) shares have declined to close to the 52-week low of $32.08, which is 33.2% off the 52-week high of $48. JPMorgan Chase is owned by 45 Gurus we are tracking. Among them, 17 have added to their positions during the past quarter. Twenty-four reduced their positions.


JPMorgan Chase & Co. is a global financial services firm. JPMorgan Chase has a market cap of $125.08 billion; its shares were traded at around $32.08 with a P/E ratio of 6.85 and P/S ratio of 1.22. The dividend yield of JPMorgan Chase stocks is 3.12%.


JPM recently reported second-quarter 2011 net income of $5.4 billion, compared with net income of $4.8 billion in the second quarter of 2010. Earnings per share were $1.27, compared with $1.09 in the second quarter of 2010.


Ken Heebner bought 1,375,400 shares in the quarter that ended on 06/30/2011, which is 0.9276% of the $6.07 billion portfolio of Capital Growth Management LP. John Keeley owns 46,780 shares as of 06/30/2011, which accounts for 0.0312% of the $6.13 billion portfolio of Keeley Fund Management. Robert Olstein owns 158,000 shares as of 06/30/2011, which accounts for 1.141% of the $567 million portfolio of Olstein Financial Alert Fund. Leon Cooperman owns 1,883,364 shares as of 06/30/2011, which accounts for 1.7541% of the $4.4 billion portfolio of Omega Advisors.


Director James S. Crown bought 194,109 shares of JPM stock on 08/10/2011 at the average price of 35.02. James S. Crown owns at least 11,473,627 shares after this. The price of the stock has decreased by 8.4% since. There are mixed trades from other insiders.


Wells Fargo & Co. (WFC, Financial) Reached the 52-Week Low of $23.52


The prices of Wells Fargo & Co. (WFC) shares have declined to close to the 52-week low of $23.52, which is 32.9% off the 52-week high of $34.1. Wells Fargo & Co. is owned by 43 Gurus we are tracking. Among them, 26 have added to their positions during the past quarter. Fifteen reduced their positions.


Wells Fargo & Company is a diversified financial services company providing banking, insurance, investments, mortgage and consumer finance services through stores, its Internet site and other distribution channels across North America as well as internationally. Wells Fargo & Co. has a market cap of $124.18 billion; its shares were traded at around $23.52 with a P/E ratio of 9.12 and P/S ratio of 1.33. The dividend yield of Wells Fargo & Co. stocks is 2.04%. Wells Fargo & Co. had an annual average earnings growth of 5.4% over the past 10 years.


Wells Fargo recently reported record net income of $3.9 billion, or $0.70 per diluted common share, for second quarter 2011, up from $3.1 billion, or $0.55 per share, for second quarter 2010 and up from $3.8 billion, or $0.67 per share, for first quarter 2011.


Wallace Weitz bought 3,544,150 shares in the quarter that ended on 06/30/2011, which is 4.4025% of the $2.26 billion portfolio of Weitz Wallace R & Co. Edward Lampert bought 4,627,994 shares in the quarter that ended on 06/30/2011, which is 1.2809% of the $10.14 billion portfolio of ESL Investments. Mark Hillman bought 58,814 shares in the quarter that ended on 06/30/2011, which is 0.4051% of the $407 million portfolio of Hillman Capital Management.


Senior Executive VP & CFO Timothy J. Sloan bought 10,000 shares of WFC stock on 04/21/2011 at the average price of 28.54. Timothy J. Sloan owns at least 101,575 shares after this. The price of the stock has decreased by 17.59% since.