According to GuruFocus' list of five-year lows, these guru stocks have reached their low prices: Capstead Mortgage Corp., ARMOUR Residential REIT Inc., Ultra Petroleum Corp. and Crocs Inc.
Capstead Mortgage Corp. (NYSE:CMO) reached $10.37
The prices of Capstead Mortgage shares have declined to $10.37, which is only 6.4% above the five-year low of $9.71. It is now 33.4% off the five-year high of $14.59. Capstead Mortgage is owned by three gurus we are tracking. Among them, one added to their position during the past quarter. Another reduced their position. Capstead Mortgage was incorporated in Maryland in 1985. Capstead Mortgage has a market cap of $993.701 million; its shares were traded at around $10.37 with a P/E ratio of 9.00 and P/S ratio of 7.25. The dividend yield of Capstead Mortgage stocks is 11.76%.
Capstead Mortgage announced its 2015 second financial quarter results. The company reported net earnings of $24.9 million, or 22 cents per common share.
Gurus Third Avenue Management (Trades, Portfolio) and David Dreman (Trades, Portfolio) both kept their positions in Capstead Mortgage unchanged. Third Avenue Management (Trades, Portfolio) owns 12,500 shares and Dreman owns 4,471 shares.
ARMOUR Residential REIT Inc. (NYSE:ARR) reached $21.29
The prices of ARMOUR Residential REIT shares have declined to $21.29, which is only 8.5% above the five-year low of $19.48. It is now 70.1% off the five-year high of $65.12. ARMOUR Residential REIT is owned by two gurus we are tracking. Armour Residential REIT has a market cap of $932.171 million; its shares were traded at around $21.29 with a P/S ratio of 2.33. The dividend yield of Armour Residential REIT stocks is 18.93%.
ARMOUR Residential REIT declared net income of $198.0 million in its 2015 second quarter financial report.
Ultra Petroleum Corp. (NYSE:UPL) reached $6.04
The prices of Ultra Petroleum shares have declined to $6.04, which is only 3% above the five-year low of $5.86. It is now 88.6% off the five-year high of $51.20. Ultra Petroleum is owned by five gurus we are tracking. Among them, two have added to their positions during the past quarter. Three reduced their positions. Ultra Petroleum was originally incorporated on November 14, 1979, under the laws of the Province of British Columbia, Canada. Ultra Petroleum has a market cap of $925.616 million; its shares were traded at around $6.04 with a P/E ratio of 2.80 and P/S ratio of 0.90.
Ultra Petroleum released its 2015 second quarter results with total operating revenues of $208.0 million and net earnings of $24.7 million.
Gurus David Dreman (Trades, Portfolio), Prem Watsa (Trades, Portfolio), Chris Davis (Trades, Portfolio), and Private Capital (Trades, Portfolio) all kept their positions in UPL unchanged or slightly adjusted. Meridian Funds (Trades, Portfolio) sold out its holdings of the company.
Crocs Inc. (NAS:CROX) reached $10.86
The prices of Crocs shares have declined to $10.86, which is only 5.6% above the five-year low of $10.25. It is now 68.4% off the five-year high of $32.47. Crocs is owned by three gurus we are tracking. Crocs has a market cap of $811.075 million; its shares were traded at around $10.86 with a P/S ratio of 0.78.
Crocs reported its 2015 second financial quarter results. The company declared revenues of $345.7 million and net income of $9.7 million.
CEO Gregg Ribatt bought 20,000 shares of CROX stock in May and August. CFO Jeff Lasher sold 3,087 shares of CROX stock on July 31 at the average price of $15.6. President Andrew Rees bought 15,000 shares of CROX stock in May and August.
Go here for the complete list of five-year lows.
