According to GuruFocus' list of five-year lows, these guru stocks have reached their historical low prices: Loral Space & Communications Inc., Allegheny Technologies Inc., Alliance Resource Partners LP and United States Steel Corp.
Loral Space & Communications Inc. (LORL, Financial) reached $43.76
The prices of Loral Space & Communications shares have declined to $43.76, which is only 3.3% above the five-year low of $42.33. It is now 50.7% off the five-year high of $85.84. Loral Space & Communications is owned by six gurus we are tracking. Among them, one has added to their position during the past quarter, while four reduced their positions. Loral Space & Communications was formed on June 24, 2005. The company has a market cap of $1.35 billion; its shares were traded at around $43.76.
GuruFocus gurus Leon Cooperman, George Soros (Trades, Portfolio), Mario Gabelli (Trades, Portfolio), and Joel Greenblatt (Trades, Portfolio) all kept their positions in Loral Space & Communications unchanged. Cooperman owns 973,109 shares, Soros owns 1,055,440 shares, Gabelli owns 220,865 shares, and Greenblatt owns 118,892 shares. First Eagle Investment (Trades, Portfolio) reduced its position in the company and owns 15,000 shares.
Allegheny Technologies Inc. (NYSE:ATI) reached $12.32
The prices of Allegheny Technologies shares have declined to $12.32, which is only 0.5% above the five-year low of $12.26. It is now 83.3% off the five-year high of $73.53. Allegheny Technologies is owned by two gurus we are tracking. Allegheny Technologies is a Delaware corporation founded in 1901. It has a market cap of $1.35 billion; its shares were traded at around $12.32 with a P/S ratio of 0.33. The dividend yield of Allegheny Technologies stocks is 5.84%.
During the third quarter, the company had net sales of $833 million and net loss of $145 million.
Chris Davis (Trades, Portfolio) increased his position in Allegheny Technologies and owns 355,231 shares.
Chairman, President and CEO Richard J. Harshman bought 37,500 shares of ATI stock in July and October. Senior VP and CFO Patrick J. Decourcy bought 2,350 shares of ATI stock on July 23 at the average price of $21.30 per share.Â
Alliance Resource Partners LP (ARLP, Financial) reached $18.00
The prices of Alliance Resource Partners LP shares have declined to $18.00, which is only 2.6% above the five-year low of $17.54. It is now 67.4% off the five-year high of $53.84. Alliance Resource Partners LP is owned by one guru we are tracking. Alliance Resource Partners has a market cap of $1.34 billion; its shares were traded at around $18.00 with a P/E ratio of 5.10 and P/S ratio of 0.57. The dividend yield of Alliance Resource Partners stocks is 14.79%. The company has had an average annual earnings growth of 17.10% over the past 10 years. GuruFocus rated Alliance Resource Partners the business predictability rank of 5-stars.
Alliance Resource Partners reported net income of $83.4 million and revenues of $566.4 million in its quarter results that ended on Sept. 30.
Vice President and Controller Robert J. Fouch bought 11,000 shares of ARLP stock on Aug. 5 at the average price of $23.47 per share.
United States Steel Corp. (NYSE:X) reached $8.70
The prices of United States Steel shares have declined to $8.70, which is only 0.8% above the five-year low of $8.63. It is now 86.5% off the five-year high of $64.03. United States Steel is owned by 11 gurus we are tracking. Among them, six have added to their positions during the past quarter, while five reduced their positions. United States Steel has a market cap of $1.27 billion; its shares were traded at around $8.70 with a P/S ratio of 0.10. The dividend yield of United States Steel stocks is 2.30%.
United States Steel released its 2015 third quarter results with net loss of $173 million and net sales of $2.8 billion.
David Dreman (Trades, Portfolio) initiated a new position in United States Steel and bought 7,048 shares. Joel Greenblatt (Trades, Portfolio) increased his position and now owns 636,963 shares.
Senior Officer James Nicholas Oosterbaan, Director Murry Gerber, and Senior Officer Jean Desgagne bought 14,800 shares of the company stock in August and November.
Go here for the complete list of five-year lows.
