The market remained almost flat last week, while energy stocks take a hit as oil prices retreat. Many energy companies have reached their 52-week lows. These are the top five energy companies that reached their 52-week lows: Duke Energy Corp, Edison International, American Electric Power Company Inc, Eaton Corp, and Progress Energy Inc.
Last week’s top two out of favor industries were electricity and Media. 23 stocks in the electricity sector have reached their 52-week lows, while 1 has reached its 52-week high, giving the electricity industry a low/high ratio of 23. 15 Media companies have also reached their 52-week lows, while 1 has reached its 52-week high, giving the Media industry a low/high ratio of 15.
For full details about guru stocks at 52-week low and more, click here: http://www.gurufocus.com/52weeklow.php.
Duke Energy Corp. (DUK, Financial) Reached the 52-Week Low of $17.19
The prices of Duke Energy Corp. (DUK) shares have declined to close the 52-week low of $17.19, which is 17.6% lower than its 52-week high of $20.66. Duke Energy Corp. is owned by 7 Gurus we are tracking. Among them, 1 has added to their positions during the past quarter. 2 reduced their positions.
Duke Energy Corporation is an integrated energy and energy services provider with the ability to offer physical delivery and management of both electricity and natural gas throughout the all over the world. It has a market cap of $21.74 billion with a P/E ratio of 13.54 and P/S ratio of 1.72. The dividend yield of Duke Energy Corp. stocks is 5.06%.
Duke Energy has recently been sued by environmentalists, saying that it doesn’t have a valid air-quality permit to expand the coal-burning electric plant . Duke Energy denies this, but says that they will conduct other tests to make sure that there are no harmful substances such as mercury around.
George Soros owns 27,957 shares as of 03/31/2008 , an increase of 152.87% from the previous quarter. Brian Rogers owns 7,054,000 shares as of 06/30/2008 , which accounts for 0.62% of the $18.74 billion portfolio of T Rowe Price Equity Income Fund.
Sr. VP & Controller Steven K. Young sold 11,400 shares of DUK stock on 05/16/2008 at the average price of $18.47; the price of the stock has decreased by 6.93% since.
Edison International (EIX, Financial) Reached the 52-Week Low of $47.67
The prices of Edison International (EIX) shares have declined to close the 52-week low of $47.67, which is 18.7% lower than its 52-week high of $59.25. Edison International is owned by 3 Gurus we are tracking. Among them, 1 has added to their positions during the past quarter. 2 left them unchanged.
Edison International is an international electric power generator distributor and structured finance provider. It has a market cap of $15.53 billion; its shares were traded at around $47.67 with a P/E ratio of 14.80, P/S ratio of 1.18, and a dividend yield of 2.45%.
Southern California Edison , a unit of Edison International recently announced that demand on energy is lower than expected in California , as many are trying to use less power to save money. The company also said that this caused significant problems for the state power grid.
David Dreman owns 40,000 shares as of 03/31/2008 , an increase of 13.64% from the previous quarter. George Soros owns 7,229 shares as of 03/31/2008 . Kenneth Fisher owns 359,316 shares as of 03/31/2008 .
Chairman, Director & CEO John E. Bryson sold 119,340 shares of EIX stock on 05/14/2008 at the average price of $52.76; the price of the stock has decreased by 9.65% since. EVP & General Counsel Jacob A. Jr Bouknight bought 3,000 shares of EIX stock on 03/03/2008 at the average price of $49.6; the price of the stock has decreased by 3.89% since.
American Electric Power Company Inc. (AEP, Financial) Reached the 52-Week Low of $39.66
The prices of American Electric Power Company Inc. (AEP) shares have declined to close the 52-week low of $39.66, which is 21.1% lower than its 52-week high of $49.31. American Electric Power Company Inc. is owned by 3 Gurus we are tracking. Among them, 1 has added to their positions during the past quarter, 1 reduced their positions, and 1 left them unchanged.
American Electric Power is a public utility holding company which owns all of the outstanding common stock of its domestic electric utility subsidiaries and varying percentages of other subsidiaries. The company has a market cap of $15.93 billion; its shares were traded at around $39.66 with a P/E ratio of 11.44 and P/S ratio of 1.17. The dividend yield of American Electric Power Company Inc. stocks is 4.16%.
George Soros bought 8,872 shares in the quarter that ended on 03/31/2008 . Kenneth Fisher owns 25,152 shares as of 03/31/2008 , which accounts for. Dodge & Cox owns 82,834 shares as of 03/31/2008 .
Director Thomas E. Hoaglin bought 1,000 shares of AEP stock on 02/04/2008 at the average price of $43.97; the price of the stock has decreased by 9.8% since.
Eaton Corp. (ETN, Financial) Reached the 52-Week Low of $71
The prices of Eaton Corp. (ETN) shares have declined to close the 52-week low of $71, which is 28.9% lower than its 52-week high of $102.55. Eaton Corp. is owned by 4 Gurus we are tracking. All have added to their positions during the past quarter.
Eaton Corporation is a global diversified industrial manufacturer. The company has a market cap of $11.45 billion, a P/E ratio of 9.98, a P/S ratio of 0.78, and a dividend yield of 2.74%.
Rising fuel prices are hurting many manufacturers recently, but ETN seems unaffected by this. The company recently reported record profits. However, the company has still plunged to its 52-week low last week, dropping about 4%.
David Williams bought 1,300,000 shares in the quarter that ended on 06/30/2008 . Jean-Marie Eveillard bought 1,421,098 shares in the quarter that ended on 03/31/2008 . Richard Aster Jr. owns 9,020 shares as of 03/31/2008 , an increase of 16.84% from the previous quarter. David Dreman owns 23,380 shares as of 03/31/2008 .
Chairman and CEO; President, Director Alexander M. Cutler sold 38,200 more shares of ETN stock on 05/29/2008 at the average price of $92.74; the price of the stock has decreased by 23.44% since. Director Christopher M. Connor bought 1,000 shares of ETN stock on 03/03/2008 at the average price of $81.87; the price of the stock has decreased by 13.28% since.
Progress Energy Inc. (PGN, Financial) Reached the 52-Week Low of $41.08
The prices of Progress Energy Inc. (PGN) shares have declined to close the 52-week low of $41.08, which is 19.1% lower than its 52-week high of $50.11. It is owned by 7 Gurus we are tracking. Among them, 2 have added to their positions during the past quarter. 4 reduced their positions.
Progress Energy Inc. is primarily engaged in the generation transmission distribution and sale of electricity. The company has a market cap of $10.74 billion; its shares were traded at around $41.08 with a P/E ratio of 24.16 and P/S ratio of 1.18. The dividend yield of Progress Energy Inc. stocks is 6.02%.
George Soros bought 5,769 shares in the quarter that ended on 03/31/2008 . NWQ Managers bought 99,280 shares in the quarter that ended on 03/31/2008 . Brian Rogers owns 3,205,000 shares as of 06/30/2008 . Richard Aster Jr. owns 636,800 shares as of 03/31/2008 . David Dreman owns 121,200 shares as of 03/31/2008 , a decrease of 62.08% of from the previous quarter.
Chairman, President and CEO William D Johnson sold 5,418 shares of PGN stock on 03/18/2008 at the average price of $41.91; the price of the stock has decreased by 1.98% since.
Last week’s top two out of favor industries were electricity and Media. 23 stocks in the electricity sector have reached their 52-week lows, while 1 has reached its 52-week high, giving the electricity industry a low/high ratio of 23. 15 Media companies have also reached their 52-week lows, while 1 has reached its 52-week high, giving the Media industry a low/high ratio of 15.
For full details about guru stocks at 52-week low and more, click here: http://www.gurufocus.com/52weeklow.php.
Duke Energy Corp. (DUK, Financial) Reached the 52-Week Low of $17.19
The prices of Duke Energy Corp. (DUK) shares have declined to close the 52-week low of $17.19, which is 17.6% lower than its 52-week high of $20.66. Duke Energy Corp. is owned by 7 Gurus we are tracking. Among them, 1 has added to their positions during the past quarter. 2 reduced their positions.
Duke Energy Corporation is an integrated energy and energy services provider with the ability to offer physical delivery and management of both electricity and natural gas throughout the all over the world. It has a market cap of $21.74 billion with a P/E ratio of 13.54 and P/S ratio of 1.72. The dividend yield of Duke Energy Corp. stocks is 5.06%.
Duke Energy has recently been sued by environmentalists, saying that it doesn’t have a valid air-quality permit to expand the coal-burning electric plant . Duke Energy denies this, but says that they will conduct other tests to make sure that there are no harmful substances such as mercury around.
George Soros owns 27,957 shares as of 03/31/2008 , an increase of 152.87% from the previous quarter. Brian Rogers owns 7,054,000 shares as of 06/30/2008 , which accounts for 0.62% of the $18.74 billion portfolio of T Rowe Price Equity Income Fund.
Sr. VP & Controller Steven K. Young sold 11,400 shares of DUK stock on 05/16/2008 at the average price of $18.47; the price of the stock has decreased by 6.93% since.
Edison International (EIX, Financial) Reached the 52-Week Low of $47.67
The prices of Edison International (EIX) shares have declined to close the 52-week low of $47.67, which is 18.7% lower than its 52-week high of $59.25. Edison International is owned by 3 Gurus we are tracking. Among them, 1 has added to their positions during the past quarter. 2 left them unchanged.
Edison International is an international electric power generator distributor and structured finance provider. It has a market cap of $15.53 billion; its shares were traded at around $47.67 with a P/E ratio of 14.80, P/S ratio of 1.18, and a dividend yield of 2.45%.
Southern California Edison , a unit of Edison International recently announced that demand on energy is lower than expected in California , as many are trying to use less power to save money. The company also said that this caused significant problems for the state power grid.
David Dreman owns 40,000 shares as of 03/31/2008 , an increase of 13.64% from the previous quarter. George Soros owns 7,229 shares as of 03/31/2008 . Kenneth Fisher owns 359,316 shares as of 03/31/2008 .
Chairman, Director & CEO John E. Bryson sold 119,340 shares of EIX stock on 05/14/2008 at the average price of $52.76; the price of the stock has decreased by 9.65% since. EVP & General Counsel Jacob A. Jr Bouknight bought 3,000 shares of EIX stock on 03/03/2008 at the average price of $49.6; the price of the stock has decreased by 3.89% since.
American Electric Power Company Inc. (AEP, Financial) Reached the 52-Week Low of $39.66
The prices of American Electric Power Company Inc. (AEP) shares have declined to close the 52-week low of $39.66, which is 21.1% lower than its 52-week high of $49.31. American Electric Power Company Inc. is owned by 3 Gurus we are tracking. Among them, 1 has added to their positions during the past quarter, 1 reduced their positions, and 1 left them unchanged.
American Electric Power is a public utility holding company which owns all of the outstanding common stock of its domestic electric utility subsidiaries and varying percentages of other subsidiaries. The company has a market cap of $15.93 billion; its shares were traded at around $39.66 with a P/E ratio of 11.44 and P/S ratio of 1.17. The dividend yield of American Electric Power Company Inc. stocks is 4.16%.
George Soros bought 8,872 shares in the quarter that ended on 03/31/2008 . Kenneth Fisher owns 25,152 shares as of 03/31/2008 , which accounts for. Dodge & Cox owns 82,834 shares as of 03/31/2008 .
Director Thomas E. Hoaglin bought 1,000 shares of AEP stock on 02/04/2008 at the average price of $43.97; the price of the stock has decreased by 9.8% since.
Eaton Corp. (ETN, Financial) Reached the 52-Week Low of $71
The prices of Eaton Corp. (ETN) shares have declined to close the 52-week low of $71, which is 28.9% lower than its 52-week high of $102.55. Eaton Corp. is owned by 4 Gurus we are tracking. All have added to their positions during the past quarter.
Eaton Corporation is a global diversified industrial manufacturer. The company has a market cap of $11.45 billion, a P/E ratio of 9.98, a P/S ratio of 0.78, and a dividend yield of 2.74%.
Rising fuel prices are hurting many manufacturers recently, but ETN seems unaffected by this. The company recently reported record profits. However, the company has still plunged to its 52-week low last week, dropping about 4%.
David Williams bought 1,300,000 shares in the quarter that ended on 06/30/2008 . Jean-Marie Eveillard bought 1,421,098 shares in the quarter that ended on 03/31/2008 . Richard Aster Jr. owns 9,020 shares as of 03/31/2008 , an increase of 16.84% from the previous quarter. David Dreman owns 23,380 shares as of 03/31/2008 .
Chairman and CEO; President, Director Alexander M. Cutler sold 38,200 more shares of ETN stock on 05/29/2008 at the average price of $92.74; the price of the stock has decreased by 23.44% since. Director Christopher M. Connor bought 1,000 shares of ETN stock on 03/03/2008 at the average price of $81.87; the price of the stock has decreased by 13.28% since.
Progress Energy Inc. (PGN, Financial) Reached the 52-Week Low of $41.08
The prices of Progress Energy Inc. (PGN) shares have declined to close the 52-week low of $41.08, which is 19.1% lower than its 52-week high of $50.11. It is owned by 7 Gurus we are tracking. Among them, 2 have added to their positions during the past quarter. 4 reduced their positions.
Progress Energy Inc. is primarily engaged in the generation transmission distribution and sale of electricity. The company has a market cap of $10.74 billion; its shares were traded at around $41.08 with a P/E ratio of 24.16 and P/S ratio of 1.18. The dividend yield of Progress Energy Inc. stocks is 6.02%.
George Soros bought 5,769 shares in the quarter that ended on 03/31/2008 . NWQ Managers bought 99,280 shares in the quarter that ended on 03/31/2008 . Brian Rogers owns 3,205,000 shares as of 06/30/2008 . Richard Aster Jr. owns 636,800 shares as of 03/31/2008 . David Dreman owns 121,200 shares as of 03/31/2008 , a decrease of 62.08% of from the previous quarter.
Chairman, President and CEO William D Johnson sold 5,418 shares of PGN stock on 03/18/2008 at the average price of $41.91; the price of the stock has decreased by 1.98% since.
