The market was down about 6.3% last week, plunging deeper and deeper into its 52-week lows. According to GuruFocus updates, these Guru stocks have reached their 52-week lows.
Last week's top two out of favor industries were the Industrial Goods and Services and Software and Computer Services industries. 380 stocks in the Industrial Goods and Services industry have reached their 52-week lows, while 2 have reached their 52-week highs, giving the industry a low/high ratio of 190. In the Software and Computer Services industry, 63 have reached their 52-week lows, while 1 has reached its 52-week highs, giving the industry a low/high ratio of 63.
For full details about guru stocks at 52-week lows and more information, click here: http://www.gurufocus.com/52weeklow.php.
AT&T Inc. (T, Financial) Reached the 52-Week Low of $22.58
The prices of AT&T Inc. (T) shares have declined to close to the 52-week low of $22.58, which is 44.7% off the 52-week high of $40.51. AT&T Inc. is owned by 13 Gurus we are tracking. Among them, 5 have added to their positions during the past quarter. 7 reduced their positions.
SBC Communications Inc. is in the communications industry. Through its subsidiaries' trusted brands and world-class network SBC and its affiliated companies provide voice data networking and e-business services including local and long-distance voice high-speed Internet access and data transport voice and data network integration software and process integration Web site and application hosting e-marketplace development paging and messaging as well as cable and satellite TV and directory advertising and publishing. The company has a market cap of $138.96 billion; its shares were traded at around $22.58 with a P/E ratio of 7.9 and P/S ratio of 1.12. The dividend yield of AT&T Inc. stocks is 6.96%. AT&T Inc. had an annual average earning growth of 12.7% over the past 5 years.
AT&T recently reported its fourth quarter 2008 results. The company reported a full year EPS of $2.16, up from $1.94 for 2007. Its full-year adjusted EPS was $2.81, compared with $2.76 for 2007. The company's fourth quarter EPS of 41 cents compared to 51cents for the 2007 fourth quarter; adjusted fourth-quarter EPS of $0.64 versus $0.71.
The Gurus who own the company are: Tweedy Browne owns 56,660 shares as of 12/31/2008, an increase of 42.02% from the previous quarter. Charles Brandes owns 14,899,404 shares as of 12/31/2008, an increase of 16.84% from the previous quarter. Richard Aster Jr owns 14,980 shares as of 12/31/2008, a decrease of 30.26% of from the previous quarter. This position accounts for 0.02% of the $1.94 billion portfolio of Meridian Fund. Joel Greenblatt sold out his holdings in the quarter that ended on 12/31/2008.
Buy: Director William F Iii Aldinger bought 4,000 shares of T stock on 02/18/2009 at the average price of $22.8; the price of the stock has decreased by 0.96% since.
Chevron Corp. (CVX, Financial) Reached the 52-Week Low of $58.27
The prices of Chevron Corp. (CVX) shares have declined to close to the 52-week low of $58.27, which is 45.2% off the 52-week high of $103.09. Chevron Corp. is owned by 11 Gurus we are tracking. Among them, 3 have added to their positions during the past quarter. 11 reduced their positions.
Chevron is the fifth-largest integrated energy company in the world. It has a market cap of $132.21 billion; its shares were traded at around $58.27 with a P/E ratio of 5.4 and P/S ratio of 0.48. The dividend yield of Chevron Corp. stocks is 4%. Chevron Corp. had an annual average earning growth of 14.5% over the past 10 years. GuruFocus rated Chevron Corp. the business predictability rank of 3.5-star.
Chevron recently reported its fourth quarter 2008 results. The company announced that it had a net income of $4.90 billion, or $2.44 per diluted share, up from $4.88 billion, or $2.32 per diluted share in the fourth quarter of 2007. Full-year 2008 net income was $23.93 billion ($11.67 per share – diluted), up 28 percent from $18.69 billion ($8.77 per share – diluted) in 2007.
Gurus include: Richard Snow bought 43,785 shares in the quarter that ended on 12/31/2008, which is 0.14% of the $2.29 billion portfolio of Snow Capital Management, L.P.. Richard Aster Jr owns 5,500 shares as of 12/31/2008, a decrease of 25.68% of from the previous quarter. This position accounts for 0.02% of the $1.94 billion portfolio of Meridian Fund. Ken Heebner, Chris Davis, T Boone Pickens, and Richard Pzena all sold out their holdings in the quarter that ended on 12/31/2008.
Buy: Executive Vice President Michael K Wirth bought 5,045 shares of CVX stock on 02/27/2009 at the average price of $60.74; the price of the stock has decreased by 4.07% since.
Toyota Motor Corp. (TM, Financial) Reached the 52-Week Low of $58.25
The prices of Toyota Motor Corp. (TM) shares have declined to close to the 52-week low of $58.25, which is 49.9% off the 52-week high of $116. Toyota Motor Corp. is owned by 3 Gurus we are tracking. Among them, 1 has added to their positions during the past quarter. 2 reduced their positions.
Toyota Motor Corporation produces sells leases and repairs passenger cars trucks buses boats airplanes and other products in Japan and most foreign countries. The Company has a market cap of $111.61 billion; its shares were traded at around $58.25 with a P/E ratio of 19.4 and P/S ratio of 0.47. The dividend yield of Toyota Motor Corp. stocks is 1.89%. Toyota Motor Corp. had an annual average earning growth of 17.4% over the past 10 years.
TM recently reported its third quarter fiscal year 2008 results, which ended on December 31 st, 2008. The company's operating income decreased by 962.1 billion yen, caused by a loss of 560 billion yen due to the effects of marketing activities and an additional loss of 250 billion yen due to the appreciation of the Japanese yen against the U.S. dollar and the euro. Commenting on the results, TMC Executive Vice President Mitsuo Kinoshita said, "Both revenues and profits declined severely during this period. The negative results are largely due to lower vehicle sales volume under difficult market conditions mainly in the U.S. and Europe, and the rapid appreciation of the yen against the U.S. dollar and the euro."
Charles Brandes bought 554,521 shares in the quarter that ended on 12/31/2008, which is 0.18% of the $20.68 billion portfolio of Brandes Investment. John Rogers owns 191,115 shares as of 12/31/2008, which accounts for 0.3% of the $4.14 billion portfolio of ARIEL CAPITAL MANAGEMENT LLC. Jean-Marie Eveillard owns 31,000 shares as of 12/31/2008, which accounts for 0.03% of the $7.54 billion portfolio of Arnhold & S. Bleichroeder Advisers, LLC.
ENI S.p.A. (E, Financial) Reached the 52-Week Low of $31.07
The prices of ENI S.p.A. (E) shares have declined to close to the 52-week low of $31.07, which is 63.1% off the 52-week high of $84.14. ENI S.p.A. is owned by 3 Gurus we are tracking. 2 reduced their positions in the company.
ENI explores for produces refines transports and markets natural gas oil and produces chemicals. ENI offers engineering and project management services to the petroleum industry operating in 80 countries. ENI S.p.A. has a market cap of $82.45 billion; its shares were traded at around $31.07 with a P/E ratio of 3.6 and P/S ratio of 0.68. The dividend yield of ENI S.p.A. stocks is 4.23%. ENI S.p.A. had an annual average earning growth of 15.6% over the past 10 years. GuruFocus rated ENI S.p.A. the business predictability rank of 4-star.
ENI recently reported its fourth quarter 2008 results. The company reported that its net profit was €8.83 billion for the full year (down 11.8% compared to the company's net profit for the full year of 2007) The company's profit was down €874 million for the fourth quarter due to fixed asset impairments and inventory write-downs. Paolo Scaroni, Chief Executive Officer, commented: “2008 has been an excellent year for Eni both financially and operationally. In E&P we have grown more than our peer group. In G&P we have consolidated our leadership in the European gas market through the acquisition of Distrigaz. Looking forward, Eni will tackle the economic downturn continuing to grow and to provide sector-leading returns to shareholders”.
Gurus that own the company are: Tweedy Browne owns 14,655 shares as of 12/31/2008, which accounts for 0.04% of the $1.61 billion portfolio of Tweedy Browne CO LLC. Kenneth Fisher owns 150,063 shares as of 09/30/2008, which accounts for 0.03% of the $31.63 billion portfolio of Fisher Asset Management, LLC. NWQ Managers owns 170,000 shares as of 12/31/2008, which accounts for 0.05% of the $15.24 billion portfolio of NWQ Investment Management Co.
HewlettPackard Company (HPQ, Financial) Reached the 52-Week Low of $26.98
The prices of HewlettPackard Company (HPQ) shares have declined to close to the 52-week low of $26.98, which is 45.2% off the 52-week high of $49.2. HewlettPackard Company is owned by 13 Gurus we are tracking. Among them, 5 have added to their positions during the past quarter. 5 reduced their positions.
Hewlett Packard is one of the leading global providers of computing and imaging solutions and services for business and home. The company has a market cap of $75.21 billion; its shares were traded at around $26.98 with a P/E ratio of 7.8 and P/S ratio of 0.64. The dividend yield of HewlettPackard Company stocks is 1.02%. HewlettPackard Company had an annual average earning growth of 25.8% over the past 5 years.
HewlettPackard recently reported its first quarter fiscal 2009 results. The company announced that its first quarter net revenue was up 1%, from a year earlier to $28.8 billion. Its First quarter GAAP operating profit was down 5% to $2.5 billion. Diluted earnings per share was 75 cents, down from 80 cents in the year ago period.
The Gurus who own the company are: Robert Olstein bought 114,600 shares in the quarter that ended on 12/31/2008, which is 0.88% of the $474 million portfolio of Olstein Financial Alert Fund. Charles Brandes bought 40,594 shares in the quarter that ended on 12/31/2008, which is 0.01% of the $20.68 billion portfolio of Brandes Investment. Chris Davis owns 20,313,211 shares as of 12/31/2008, an increase of 30.64% from the previous quarter. This position accounts for 1.4% of the $52.56 billion portfolio of Davis Selected Advisers. Bruce Sherman owns 5,500,303 shares as of 12/31/2008, a decrease of 26.79% of from the previous quarter. Mark Hillman owns 455,719 shares as of 12/31/2008, a decrease of 27.02% of from the previous quarter.
Sell: SVP, Controller James T Murrin sold 16,636 shares of HPQ stock on 12/02/2008 at the average price of $34; the price of the stock has decreased by 20.65% since.
