The market was up more than 3% last week, while oil stocks were sold out and many plunged deeper into their 52-week lows. Last week’s top five low companies were BP p.l.c, Mitsubishi UFJ Financial Group Inc, The Williams Companies Inc, American Electric Power Company Inc, and Biogen Idec Inc.
Last week’s top two out of favor industries were the Basic Resources and Oil Equipment Services & Distribution industries. 23 Basic Resources companies reached their 52-week low, while 1 reached its 52-week high, giving the industry a low/high ratio of 23. In the Oil Equipment Services & Distribution, 19 stocks have reached their 52-week low, while 1 has reached its 52-week high, giving the Oil Equipment Services & Distribution industry a low/high ratio of 19.
For full details about guru stocks at 52-week low and more, click here: http://www.gurufocus.com/52weeklow.php.
BP p.l.c. (BP, Financial) Reached the 52-Week Low of $60.02
The prices of BP p.l.c. (BP) shares have declined to close to the 52-week low of $60.02, which is 24.9% off the 52-week high of $79.7. BP p.l.c. is owned by 10 Gurus we are tracking. Among them, 1 has added to their positions during the past quarter. 3 reduced their positions.
BP p.l.c. is the holding company of one of the world's largest petroleum and petrochemicals groups. The company has a market cap of $188.11 billion; its shares were traded at around $60.02 with a P/E ratio of 7.45 and P/S ratio of 0.55. The dividend yield of BP p.l.c. stocks is 4.77%.
BP, along with many other energy companies, was down as oil dropped to $115 a barrel. BP was down 2.2% on Friday, leading the energy decline.
Richard Pzena owns 3,382,326 shares as of 06/30/2008 . Sarah Ketterer owns 121,013 shares as of 03/31/2008 . David Dreman owns 4,600 shares as of 03/31/2008 , a decrease of 20.69% of from the previous quarter.
Mitsubishi UFJ Financial Group Inc. (MTU, Financial) Reached the 52-Week Low of $7.85
The prices of Mitsubishi UFJ Financial Group Inc. (MTU) shares have declined to close the 52-week low of $7.85, which is 26.2% off the 52-week high of $11.05. Mitsubishi UFJ Financial Group Inc. is owned by 5 Gurus we are tracking. 2 reduced their positions.
Mitsubishi Tokyo provides a variety of financial and investment services such as commercial banking asset management services and trust banking. It has a market cap of $16.86 T million with a P/S ratio of 406.26.
MTU’s net profit fell an astounding 66% in the company’s first fiscal quarter. Other banks also fell greatly last week.
Sarah Ketterer owns 940,467 shares as of 03/31/2008 . Charles Brandes owns 72,007,734 shares as of 06/30/2008 .
The Williams Companies Inc. (WMB, Financial) Reached the 52-Week Low of $28.27
The prices of The Williams Companies Inc. (WMB) shares have declined to close the 52-week low of $28.27, which is 25.4% off the 52-week high of $40.31. The Williams Companies Inc. is owned by 4 Gurus we are tracking. Among them, 2 have added to their positions during the past quarter. 2 reduced their positions, and 1 sold out their holdings.
Williams Companies moves manage and markets a variety of energy products including natural gas liquid hydrocarbons petroleum and electricity. It has a market cap of $16.52 billion, a P/E ratio of 12.62 and a P/S ratio of 1.50. The dividend yield of The Williams Companies Inc. stocks is 1.39%.
WMB said that its profit rose 1% from a year ago, from 70 cents per share to 72 cents per share. It also raised its 2008 earnings outlook. However, the company also reported higher operating costs, which may hurt it.
Jean-Marie Eveillard owns 3,062,926 shares as of 03/31/2008 . Carl Icahn owns 3,918,959 shares as of 03/31/2008 . Dodge & Cox sold out his holdings in the quarter that ended on 03/31/2008 .
Sr. Vice President & CFO Donald R Chappel sold 25,000 shares of WMB stock on 03/14/2008 at the average price of $36.92; the price of the stock has decreased by 23.43% since.
American Electric Power Company Inc. (AEP, Financial) Reached the 52-Week Low of $39.1
The prices of American Electric Power Company Inc. (AEP) shares have declined to close the 52-week low of $39.1, which is 21.4% off the 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.
American Electric Power is a public utility holding company which directly or indirectly owns all of the outstanding common stock of its domestic electric utility subsidiaries and varying percentages of other subsidiaries and has a market cap of $15.73 billion; it has a P/E ratio of 10.53 and P/S ratio of 1.09. The dividend yield of American Electric Power Company Inc. stocks is 4.23%.
AEP recently announced that its profit rose 56% from a year ago. The company said that its second quarter profit was 70 cents per share, up from 45 cents per share last year. Revenue also grew 13%.
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 . Dodge & Cox owns 82,834 shares as of 03/31/2008 .
Biogen Idec Inc. (BIIB, Financial) Reached the 52-Week Low of $49.9
The prices of Biogen Idec Inc (BIIB) shares have declined to close the 52-week low of $49.9, which is 41.2% off the 52-week high of $84.75. Biogen Idec Inc is owned by 4 Gurus we are tracking. Among them, 2 have added to their positions during the past quarter.
IDEC Pharmaceuticals Corporation is a biopharmaceutical company engaged primarily in the research development and commercialization of targeted therapies for the treatment of cancer and autoimmune and inflammatory diseases. The company has a market cap of $14.48 billion; its shares were traded at around $49.9 with a P/E ratio of 21.48 and P/S ratio of 4.
Most healthcare companies recently declined sharply. BIIB fell more than $1, while other fell much more. Almost every biotech and pharmaceutical company fell at the last hour or so of trading on Friday.
Dodge & Cox bought 6,000 shares in the quarter that ended on 03/31/2008 . Carl Icahn owns 9,948,723 shares as of 03/31/2008 , an increase of 20.49% from the previous quarter. Edward Owens owns 1,207,300 shares as of 06/30/2008 . Kenneth Fisher owns 5,119 shares as of 03/31/2008 .
CEO & President, Director James C Mullen sold 12,800 shares of BIIB stock on 04/15/2008 at the average price of $64.95; the price of the stock has decreased by 23.17% since.
Last week’s top two out of favor industries were the Basic Resources and Oil Equipment Services & Distribution industries. 23 Basic Resources companies reached their 52-week low, while 1 reached its 52-week high, giving the industry a low/high ratio of 23. In the Oil Equipment Services & Distribution, 19 stocks have reached their 52-week low, while 1 has reached its 52-week high, giving the Oil Equipment Services & Distribution industry a low/high ratio of 19.
For full details about guru stocks at 52-week low and more, click here: http://www.gurufocus.com/52weeklow.php.
BP p.l.c. (BP, Financial) Reached the 52-Week Low of $60.02
The prices of BP p.l.c. (BP) shares have declined to close to the 52-week low of $60.02, which is 24.9% off the 52-week high of $79.7. BP p.l.c. is owned by 10 Gurus we are tracking. Among them, 1 has added to their positions during the past quarter. 3 reduced their positions.
BP p.l.c. is the holding company of one of the world's largest petroleum and petrochemicals groups. The company has a market cap of $188.11 billion; its shares were traded at around $60.02 with a P/E ratio of 7.45 and P/S ratio of 0.55. The dividend yield of BP p.l.c. stocks is 4.77%.
BP, along with many other energy companies, was down as oil dropped to $115 a barrel. BP was down 2.2% on Friday, leading the energy decline.
Richard Pzena owns 3,382,326 shares as of 06/30/2008 . Sarah Ketterer owns 121,013 shares as of 03/31/2008 . David Dreman owns 4,600 shares as of 03/31/2008 , a decrease of 20.69% of from the previous quarter.
Mitsubishi UFJ Financial Group Inc. (MTU, Financial) Reached the 52-Week Low of $7.85
The prices of Mitsubishi UFJ Financial Group Inc. (MTU) shares have declined to close the 52-week low of $7.85, which is 26.2% off the 52-week high of $11.05. Mitsubishi UFJ Financial Group Inc. is owned by 5 Gurus we are tracking. 2 reduced their positions.
Mitsubishi Tokyo provides a variety of financial and investment services such as commercial banking asset management services and trust banking. It has a market cap of $16.86 T million with a P/S ratio of 406.26.
MTU’s net profit fell an astounding 66% in the company’s first fiscal quarter. Other banks also fell greatly last week.
Sarah Ketterer owns 940,467 shares as of 03/31/2008 . Charles Brandes owns 72,007,734 shares as of 06/30/2008 .
The Williams Companies Inc. (WMB, Financial) Reached the 52-Week Low of $28.27
The prices of The Williams Companies Inc. (WMB) shares have declined to close the 52-week low of $28.27, which is 25.4% off the 52-week high of $40.31. The Williams Companies Inc. is owned by 4 Gurus we are tracking. Among them, 2 have added to their positions during the past quarter. 2 reduced their positions, and 1 sold out their holdings.
Williams Companies moves manage and markets a variety of energy products including natural gas liquid hydrocarbons petroleum and electricity. It has a market cap of $16.52 billion, a P/E ratio of 12.62 and a P/S ratio of 1.50. The dividend yield of The Williams Companies Inc. stocks is 1.39%.
WMB said that its profit rose 1% from a year ago, from 70 cents per share to 72 cents per share. It also raised its 2008 earnings outlook. However, the company also reported higher operating costs, which may hurt it.
Jean-Marie Eveillard owns 3,062,926 shares as of 03/31/2008 . Carl Icahn owns 3,918,959 shares as of 03/31/2008 . Dodge & Cox sold out his holdings in the quarter that ended on 03/31/2008 .
Sr. Vice President & CFO Donald R Chappel sold 25,000 shares of WMB stock on 03/14/2008 at the average price of $36.92; the price of the stock has decreased by 23.43% since.
American Electric Power Company Inc. (AEP, Financial) Reached the 52-Week Low of $39.1
The prices of American Electric Power Company Inc. (AEP) shares have declined to close the 52-week low of $39.1, which is 21.4% off the 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.
American Electric Power is a public utility holding company which directly or indirectly owns all of the outstanding common stock of its domestic electric utility subsidiaries and varying percentages of other subsidiaries and has a market cap of $15.73 billion; it has a P/E ratio of 10.53 and P/S ratio of 1.09. The dividend yield of American Electric Power Company Inc. stocks is 4.23%.
AEP recently announced that its profit rose 56% from a year ago. The company said that its second quarter profit was 70 cents per share, up from 45 cents per share last year. Revenue also grew 13%.
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 . Dodge & Cox owns 82,834 shares as of 03/31/2008 .
Biogen Idec Inc. (BIIB, Financial) Reached the 52-Week Low of $49.9
The prices of Biogen Idec Inc (BIIB) shares have declined to close the 52-week low of $49.9, which is 41.2% off the 52-week high of $84.75. Biogen Idec Inc is owned by 4 Gurus we are tracking. Among them, 2 have added to their positions during the past quarter.
IDEC Pharmaceuticals Corporation is a biopharmaceutical company engaged primarily in the research development and commercialization of targeted therapies for the treatment of cancer and autoimmune and inflammatory diseases. The company has a market cap of $14.48 billion; its shares were traded at around $49.9 with a P/E ratio of 21.48 and P/S ratio of 4.
Most healthcare companies recently declined sharply. BIIB fell more than $1, while other fell much more. Almost every biotech and pharmaceutical company fell at the last hour or so of trading on Friday.
Dodge & Cox bought 6,000 shares in the quarter that ended on 03/31/2008 . Carl Icahn owns 9,948,723 shares as of 03/31/2008 , an increase of 20.49% from the previous quarter. Edward Owens owns 1,207,300 shares as of 06/30/2008 . Kenneth Fisher owns 5,119 shares as of 03/31/2008 .
CEO & President, Director James C Mullen sold 12,800 shares of BIIB stock on 04/15/2008 at the average price of $64.95; the price of the stock has decreased by 23.17% since.
