The market was up about 5.6% last week, rising again to greater highs. This has caused the number of 52-week low companies to decrease dramatically. However, H&R Block and Harris Corp. have been reported by GuruFocus as 52-week low guru companies for several weeks now, but yet continue to drop even with the great gains of the market. According to GuruFocus updates, these Guru stocks have reached their 52-week lows.
Last week's top two out of favor industries were Gas/Water/Multiutilities and Retail industry. Both had a low/high ratio of 1. For full details about guru stocks at 52-week lows and more information, click here: http://www.gurufocus.com/52weeklow.php
H&R Block Inc. (HRB, Financial) Reached the 52-Week Low of $15.26
The prices of H&R Block Inc. (HRB) shares have declined to close to the 52-week low of $15.26, which is 44.2% off the 52-week high of $26.5. H&R Block Inc. is owned by 5 Gurus we are tracking. 4 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 $5.18 billion; its shares were traded at around $15.26 with a P/E ratio of 10.11 and P/S ratio of 1.18. The dividend yield of H&R Block Inc. stocks is 3.93%. 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 3,198,200 shares as of 03/31/2009, a decrease of 20.05% of from the previous quarter. This position accounts for 0.51% of the $11.33 billion portfolio of T Rowe Price Equity Income Fund.
Harris Corp. (HRS, Financial) Reached the 52-Week Low of $28.88
The prices of Harris Corp. (HRS) shares have declined to close to the 52-week low of $28.88, which is 57.7% off the 52-week high of $65.78. Harris Corp. is owned by 5 Gurus we are tracking. Among them, 2 have added to their positions during the past quarter. 2 reduced their positions. Harris Corporation is an international company focused on communicationsequipment for voice data and video applications. The company has a market cap of $3.86 billion; its shares were traded at around $28.88 with a P/E ratio of 7.35 and P/S ratio of 0.73. The dividend yield of Harris Corp. stocks is 2.77%. Harris Corp. had an annual average earning growth of 21.3% over the past 10 years.
Harris Corp. recently reported its third quarter 2008 results. The company announced that its net income was 86 cents per diluted share, and revenue was up slightly. "Our company performed very well in the third quarter with higher revenue and strong earnings," said Howard L. Lance, chairman, president and CEO. "However, order rates declined in the quarter and are expected to remain weak in the near-term, which will have a significant impact on expected results in fiscal 2010. Beyond fiscal 2010, our company is well-positioned to return to growth. We will continue to invest in acquisitions and new products to expand into adjacent markets where our advanced technologies and capabilities are discriminators. For example, feedback from our customers that have begun fielding our new Falcon lll ® manpack radios has been overwhelmingly positive. The Falcon III 117G is JTRS-approved and offers the most advanced capabilities available in the market, including wideband networking. We are confident that the radios will be widely fielded in both the U.S and international markets."
Michael Price bought 12,300 shares in the quarter that ended on 12/31/2008, which is 0.23% of the $206 million portfolio of MFP Investors LLC. Kenneth Fisher owns 53,995 shares as of 03/31/2009, which accounts for 0.01% of the $20.33 billion portfolio of Fisher Asset Management, LLC. Jean-Marie Eveillard owns 1,600 shares as of 12/31/2008, which accounts for less than 0.01% of the $7.54 billion portfolio of Arnhold & S. Bleichroeder Advisers, LLC. David Williams owns 5,400,000 shares as of 03/31/2009, which accounts for 3.41% of the $5505.54 billion portfolio of Columbia Value and Restructuring Fund. Ronald Muhlenkamp owns 585,518 shares as of 12/31/2008, which accounts for 3.53% of the $631 million portfolio of Muhlenkamp Fund.
Sell: President - BCD Timothy E Thorsteinson sold 8,000 shares of HRS stock on 02/19/2009 at the average price of $39.98; the price of the stock has decreased by 27.76% since.
Go here for the complete list of 52-week lows.
Last week's top two out of favor industries were Gas/Water/Multiutilities and Retail industry. Both had a low/high ratio of 1. For full details about guru stocks at 52-week lows and more information, click here: http://www.gurufocus.com/52weeklow.php
H&R Block Inc. (HRB, Financial) Reached the 52-Week Low of $15.26
The prices of H&R Block Inc. (HRB) shares have declined to close to the 52-week low of $15.26, which is 44.2% off the 52-week high of $26.5. H&R Block Inc. is owned by 5 Gurus we are tracking. 4 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 $5.18 billion; its shares were traded at around $15.26 with a P/E ratio of 10.11 and P/S ratio of 1.18. The dividend yield of H&R Block Inc. stocks is 3.93%. 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 3,198,200 shares as of 03/31/2009, a decrease of 20.05% of from the previous quarter. This position accounts for 0.51% of the $11.33 billion portfolio of T Rowe Price Equity Income Fund.
Harris Corp. (HRS, Financial) Reached the 52-Week Low of $28.88
The prices of Harris Corp. (HRS) shares have declined to close to the 52-week low of $28.88, which is 57.7% off the 52-week high of $65.78. Harris Corp. is owned by 5 Gurus we are tracking. Among them, 2 have added to their positions during the past quarter. 2 reduced their positions. Harris Corporation is an international company focused on communicationsequipment for voice data and video applications. The company has a market cap of $3.86 billion; its shares were traded at around $28.88 with a P/E ratio of 7.35 and P/S ratio of 0.73. The dividend yield of Harris Corp. stocks is 2.77%. Harris Corp. had an annual average earning growth of 21.3% over the past 10 years.
Harris Corp. recently reported its third quarter 2008 results. The company announced that its net income was 86 cents per diluted share, and revenue was up slightly. "Our company performed very well in the third quarter with higher revenue and strong earnings," said Howard L. Lance, chairman, president and CEO. "However, order rates declined in the quarter and are expected to remain weak in the near-term, which will have a significant impact on expected results in fiscal 2010. Beyond fiscal 2010, our company is well-positioned to return to growth. We will continue to invest in acquisitions and new products to expand into adjacent markets where our advanced technologies and capabilities are discriminators. For example, feedback from our customers that have begun fielding our new Falcon lll ® manpack radios has been overwhelmingly positive. The Falcon III 117G is JTRS-approved and offers the most advanced capabilities available in the market, including wideband networking. We are confident that the radios will be widely fielded in both the U.S and international markets."
Michael Price bought 12,300 shares in the quarter that ended on 12/31/2008, which is 0.23% of the $206 million portfolio of MFP Investors LLC. Kenneth Fisher owns 53,995 shares as of 03/31/2009, which accounts for 0.01% of the $20.33 billion portfolio of Fisher Asset Management, LLC. Jean-Marie Eveillard owns 1,600 shares as of 12/31/2008, which accounts for less than 0.01% of the $7.54 billion portfolio of Arnhold & S. Bleichroeder Advisers, LLC. David Williams owns 5,400,000 shares as of 03/31/2009, which accounts for 3.41% of the $5505.54 billion portfolio of Columbia Value and Restructuring Fund. Ronald Muhlenkamp owns 585,518 shares as of 12/31/2008, which accounts for 3.53% of the $631 million portfolio of Muhlenkamp Fund.
Sell: President - BCD Timothy E Thorsteinson sold 8,000 shares of HRS stock on 02/19/2009 at the average price of $39.98; the price of the stock has decreased by 27.76% since.
Go here for the complete list of 52-week lows.
