The market was up for the fourth week in a row, recovering from March's plunges. The number of stocks that have reached their 52 week lows has also decreased, and GuruFocus has added an additional article stating the current 52-week high articles. According to GuruFocus updates, these Guru stocks have reached their 52-week lows: Accenture Ltd, H&R Block Inc, and McCormick & Company Inc.
Last week's top two out of favor industries were the Banking and Industrial Goods and Services industries. 9 banks have reached their 52-week lows, while 4 have reached their 52-week highs, giving the industry a low/high ratio of 2.25. In the Industrial Goods and Services industry, 6 stocks have reached their 52-week lows, while 3 have reached their 52-week highs, giving the industry a low/high ratio of 2.
For full details about guru stocks at 52-week lows and more information, click here: http://www.gurufocus.com/52weeklow.php
Accenture Ltd (ACN, Financial) Reached the 52-Week Low of $27.71
The prices of Accenture Ltd (ACN) shares have declined to close to the 52-week low of $27.71, which is 36.3% off the 52-week high of $41.96. Accenture Ltd is owned by 3 Gurus we are tracking. Among them, 1 has added to their positions during the past quarter. 3 reduced their positions.
Accenture is the world's leading provider of management and technology consulting services and solutions. Accenture has a market cap of $16.98 billion; its shares were traded at around $27.71 with a P/E ratio of 10 and P/S ratio of 0.7. The dividend yield of Accenture Ltd stocks is 1.8%. Accenture Ltd had an annual average earning growth of 23.4% over the past 5 years.
ACN recently filed its Quarterly Report for the period ended 2009-02-28. Net revenues for the three and six months ended February 28, 2009 were $3.03 billion and $6.69 billion respectively, compared to $3.35 billion and $6.81 billion, respectively, for the three and six months ended February 29, 2008. This decline was caused by less demand since January of 2009.
Tom Gayner owns 121,600 shares as of 12/31/2008, which accounts for 0.35% of the $1.13 billion portfolio of Markel Gayner Asset Management Corp. PRIMECAP Management owns 4,867,881 shares as of 12/31/2008, which accounts for 0.37% of the $43.42 billion portfolio of PRIMECAP Management. John Rogers owns 2,656,577 shares as of 12/31/2008, which accounts for 2.1% of the $4.14 billion portfolio of ARIEL CAPITAL MANAGEMENT LLC. Joel Greenblatt sold out his holdings in the quarter that ended on 12/31/2008.
Sell: Director Dennis F Hightower sold 5,840 shares of ACN stock on 03/31/2009 at the average price of $27.77; the price of the stock has decreased by 0.22% since.
H&R Block Inc. (HRB, Financial) Reached the 52-Week Low of $15.58
The prices of H&R Block Inc. (HRB) shares have declined to close to the 52-week low of $15.58, which is 41.7% off the 52-week high of $26.5. H&R Block Inc. is owned by 5 Gurus we are tracking. All of them reduced their positions in the company.
H&R Block Inc. is a diversified company involved in tax return preparationelectronic filing of income tax returns and other tax-related services. The Company has a market cap of $5.29 billion; its shares were traded at around $15.58 with a P/E ratio of 10.3 and P/S ratio of 1.2. The dividend yield of H&R Block Inc. stocks is 3.9%. H&R Block Inc. had an annual average earning growth of 0.9% over the past 10 years.
H&R Block Inc. recently reported its third quarter fiscal 2009 results. The company said that its income from continuing operations was 20 cents per share, up 2 cents per share when compared to the same period in 2008. Net revenues increased about 11% when compared to the third quarter of 2008.
Jean-Marie Eveillard owns 26,936 shares as of 12/31/2008, which accounts for 0.01% of the $7.54 billion portfolio of Arnhold & S. Bleichroeder Advisers, LLC. Chris Davis owns 44,199,330 shares as of 12/31/2008, which accounts for 1.91% of the $52.56 billion portfolio of Davis Selected Advisers. Bill Nygren owns 11,519,600 shares as of 06/30/2008, which accounts for 8.91% of the $6.39 billion portfolio of Oak Mark Fund. Bill Nygren owns 4,558,600 shares as of 06/30/2008, which accounts for 2.69% of the $6.39 billion portfolio of Oak Mark Fund. Brian Rogers owns 4,000,000 shares as of 12/31/2008, a decrease of 40.74% of from the previous quarter. This position accounts for 0.67% of the $13.49 billion portfolio of T Rowe Price Equity Income Fund.
Buy: Director Richard C Breeden bought 2,857,143 shares of HRB stock on 10/27/2008 at the average price of $17.5; the price of the stock has decreased by 10.97% since.
McCormick & Company Inc. (MKC, Financial) Reached the 52-Week Low of $28.96
The prices of McCormick & Company Inc. (MKC) shares have declined to close to the 52-week low of $28.96, which is 31.4% off the 52-week high of $41.97. McCormick & 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.
McCormick & Company a diversified specialty food company is a global leader in the manufacture marketing and distribution of spices, herbs, seasonings, flavorings and other specialty food products to the entire food industry. The company has a market cap of $3.77 billion; its shares were traded at around $28.96 with a P/E ratio of 13.3 and P/S ratio of 1.2. The dividend yield of McCormick & Company Inc. stocks is 3.3%. McCormick & Company Inc. had an annual average earning growth of 10.1% over the past 10 years. GuruFocus rated McCormick & Company Inc. the business predictability rank of 5-star.
McCormick recently reported its first quarter 2009 results. The company reported that its sales rose 7% in the local currency, however, a change in currency exchange rates reduced sales by 8% in foreign countries. Alan D. Wilson, President and CEO, commented, “We are very pleased that we have been able to deliver increased profits in a tough economy. A portion of the first quarter profit increase is due to Lawry’s which has been a great addition to our portfolio of leading brands. The integration of this business is nearly complete and we are now poised to launch a comprehensive marketing program behind Lawry’s. We are achieving sales growth in a number of other product lines that help families prepare value-priced meals that taste great. We are continuing to shift our marketing emphasis toward those products that offer value and convenience as consumers eat more meals at home.”
John Hussman bought 750,000 shares in the quarter that ended on 12/31/2008, which is 0.71% of the $3.37 billion portfolio of Hussman Economtrics Advisors, Inc.. Brian Rogers owns 2,000,000 shares as of 12/31/2008, which accounts for 0.47% of the $13.49 billion portfolio of T Rowe Price Equity Income Fund. Mark Hillman owns 23,246 shares as of 12/31/20wine iTunesSetup.exe08, a decrease of 25.03% of from the previous quarter. This position accounts for 0.24% of the $308 million portfolio of Hillman Capital Management.
Buy: President - Europe, Middle Lawrence Erik Kurzius bought 2,500 shares of MKC stock on 04/03/2009 at the average price of $29.3; the price of the stock has decreased by 1.16% since.
Go here for the complete list of 52-week lows.
Last week's top two out of favor industries were the Banking and Industrial Goods and Services industries. 9 banks have reached their 52-week lows, while 4 have reached their 52-week highs, giving the industry a low/high ratio of 2.25. In the Industrial Goods and Services industry, 6 stocks have reached their 52-week lows, while 3 have reached their 52-week highs, giving the industry a low/high ratio of 2.
For full details about guru stocks at 52-week lows and more information, click here: http://www.gurufocus.com/52weeklow.php
Accenture Ltd (ACN, Financial) Reached the 52-Week Low of $27.71
The prices of Accenture Ltd (ACN) shares have declined to close to the 52-week low of $27.71, which is 36.3% off the 52-week high of $41.96. Accenture Ltd is owned by 3 Gurus we are tracking. Among them, 1 has added to their positions during the past quarter. 3 reduced their positions.
Accenture is the world's leading provider of management and technology consulting services and solutions. Accenture has a market cap of $16.98 billion; its shares were traded at around $27.71 with a P/E ratio of 10 and P/S ratio of 0.7. The dividend yield of Accenture Ltd stocks is 1.8%. Accenture Ltd had an annual average earning growth of 23.4% over the past 5 years.
ACN recently filed its Quarterly Report for the period ended 2009-02-28. Net revenues for the three and six months ended February 28, 2009 were $3.03 billion and $6.69 billion respectively, compared to $3.35 billion and $6.81 billion, respectively, for the three and six months ended February 29, 2008. This decline was caused by less demand since January of 2009.
Tom Gayner owns 121,600 shares as of 12/31/2008, which accounts for 0.35% of the $1.13 billion portfolio of Markel Gayner Asset Management Corp. PRIMECAP Management owns 4,867,881 shares as of 12/31/2008, which accounts for 0.37% of the $43.42 billion portfolio of PRIMECAP Management. John Rogers owns 2,656,577 shares as of 12/31/2008, which accounts for 2.1% of the $4.14 billion portfolio of ARIEL CAPITAL MANAGEMENT LLC. Joel Greenblatt sold out his holdings in the quarter that ended on 12/31/2008.
Sell: Director Dennis F Hightower sold 5,840 shares of ACN stock on 03/31/2009 at the average price of $27.77; the price of the stock has decreased by 0.22% since.
H&R Block Inc. (HRB, Financial) Reached the 52-Week Low of $15.58
The prices of H&R Block Inc. (HRB) shares have declined to close to the 52-week low of $15.58, which is 41.7% off the 52-week high of $26.5. H&R Block Inc. is owned by 5 Gurus we are tracking. All of them reduced their positions in the company.
H&R Block Inc. is a diversified company involved in tax return preparationelectronic filing of income tax returns and other tax-related services. The Company has a market cap of $5.29 billion; its shares were traded at around $15.58 with a P/E ratio of 10.3 and P/S ratio of 1.2. The dividend yield of H&R Block Inc. stocks is 3.9%. H&R Block Inc. had an annual average earning growth of 0.9% over the past 10 years.
H&R Block Inc. recently reported its third quarter fiscal 2009 results. The company said that its income from continuing operations was 20 cents per share, up 2 cents per share when compared to the same period in 2008. Net revenues increased about 11% when compared to the third quarter of 2008.
Jean-Marie Eveillard owns 26,936 shares as of 12/31/2008, which accounts for 0.01% of the $7.54 billion portfolio of Arnhold & S. Bleichroeder Advisers, LLC. Chris Davis owns 44,199,330 shares as of 12/31/2008, which accounts for 1.91% of the $52.56 billion portfolio of Davis Selected Advisers. Bill Nygren owns 11,519,600 shares as of 06/30/2008, which accounts for 8.91% of the $6.39 billion portfolio of Oak Mark Fund. Bill Nygren owns 4,558,600 shares as of 06/30/2008, which accounts for 2.69% of the $6.39 billion portfolio of Oak Mark Fund. Brian Rogers owns 4,000,000 shares as of 12/31/2008, a decrease of 40.74% of from the previous quarter. This position accounts for 0.67% of the $13.49 billion portfolio of T Rowe Price Equity Income Fund.
Buy: Director Richard C Breeden bought 2,857,143 shares of HRB stock on 10/27/2008 at the average price of $17.5; the price of the stock has decreased by 10.97% since.
McCormick & Company Inc. (MKC, Financial) Reached the 52-Week Low of $28.96
The prices of McCormick & Company Inc. (MKC) shares have declined to close to the 52-week low of $28.96, which is 31.4% off the 52-week high of $41.97. McCormick & 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.
McCormick & Company a diversified specialty food company is a global leader in the manufacture marketing and distribution of spices, herbs, seasonings, flavorings and other specialty food products to the entire food industry. The company has a market cap of $3.77 billion; its shares were traded at around $28.96 with a P/E ratio of 13.3 and P/S ratio of 1.2. The dividend yield of McCormick & Company Inc. stocks is 3.3%. McCormick & Company Inc. had an annual average earning growth of 10.1% over the past 10 years. GuruFocus rated McCormick & Company Inc. the business predictability rank of 5-star.
McCormick recently reported its first quarter 2009 results. The company reported that its sales rose 7% in the local currency, however, a change in currency exchange rates reduced sales by 8% in foreign countries. Alan D. Wilson, President and CEO, commented, “We are very pleased that we have been able to deliver increased profits in a tough economy. A portion of the first quarter profit increase is due to Lawry’s which has been a great addition to our portfolio of leading brands. The integration of this business is nearly complete and we are now poised to launch a comprehensive marketing program behind Lawry’s. We are achieving sales growth in a number of other product lines that help families prepare value-priced meals that taste great. We are continuing to shift our marketing emphasis toward those products that offer value and convenience as consumers eat more meals at home.”
John Hussman bought 750,000 shares in the quarter that ended on 12/31/2008, which is 0.71% of the $3.37 billion portfolio of Hussman Economtrics Advisors, Inc.. Brian Rogers owns 2,000,000 shares as of 12/31/2008, which accounts for 0.47% of the $13.49 billion portfolio of T Rowe Price Equity Income Fund. Mark Hillman owns 23,246 shares as of 12/31/20wine iTunesSetup.exe08, a decrease of 25.03% of from the previous quarter. This position accounts for 0.24% of the $308 million portfolio of Hillman Capital Management.
Buy: President - Europe, Middle Lawrence Erik Kurzius bought 2,500 shares of MKC stock on 04/03/2009 at the average price of $29.3; the price of the stock has decreased by 1.16% since.
Go here for the complete list of 52-week lows.
