Guru Stocks at 52-Week Low: Genzyme Corp., Lexmark International Inc., AmeriVest Properties Inc, First BanCorp.

Guru Stocks at 52-Week Lows

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Aug 02, 2009
According to GuruFocus updates, these Guru stocks have reached their 52-week lows. Last week's top stocks that reached their 52-week lows were Genzyme Corp. (GENZ, Financial), Lexmark International Inc. (LXK, Financial), AmeriVest Properties Inc (AMV, Financial), and First BanCorp. (FBP, Financial).

Last week's top two out of favor industries were the Electricity and Banking industries. 2 Electricity stocks have reached their 52-week lows, while 2 have reached their 52-week highs, giving the industry a low/high ratio of 1. In the banking industry, 25 stocks have reached their 52-week lows and 25 stocks have reached their 52-week highs, giving the industry a low/high ratio of 1.

For full details about guru stocks at 52-week lows and more information, click here.

Genzyme Corp. (GENZ) Reached the 52-Week Low of $51.89

The prices of Genzyme Corp. (GENZ) shares have declined to close to the 52-week low of $51.89, which is 38.5% off the 52-week high of $83.25. Genzyme Corp. is owned by 5 Gurus we are tracking. Among them, 1 has added to their positions during the past quarter. 3 reduced their positions.

Genzyme Corporation is a global biotechnology company dedicated to making a major positive impact on the lives of people with serious diseases. The company has a market cap of $14 billion; its shares were traded at around $51.89 with a P/E ratio of 15.2 and P/S ratio of 3. Genzyme Corp. had an annual average earning growth of 20.2% over the past 10 years. GuruFocus rated Genzyme Corp. the business predictability rank of 3.5-star.

Genzyme recently reported its second quarter 2009 results. The company said that it had solid results for the quarter. Revenue was $1.23 billion, up from last year's results of $1.17 billion. GAAP net income was 70 cents per diluted share compared to 38 cents per diluted share.

PRIMECAP Management owns 6,330,985 shares as of 03/31/2009, which accounts for 0.91% of the $41.21 billion portfolio of PRIMECAP Management. Ruane Cunniff owns 3,400 shares as of 03/31/2009, which accounts for less than 0.01% of the $6.33 billion portfolio of Ruane & Cunniff & Goldfarb Inc. Jean-Marie Eveillard owns 1,402 shares as of 03/31/2009, which accounts for less than 0.01% of the $7.39 billion portfolio of Arnhold & S. Bleichroeder Advisers, LLC. Kenneth Fisher owns 9,406 shares as of 06/30/2009, which accounts for less than 0.01% of the $24.67 billion portfolio of Fisher Asset Management, LLC. Edward Owens owns 5,469,340 shares as of 03/31/2009, which accounts for 2.07% of the $15.69 billion portfolio of Vanguard Health Care Fund. Ken Heebner sold out his holdings in the quarter that ended on 03/31/2009.

Genzyme was recently sold by its CEO. Sell: Chmn, President and CEO Henri A Termeer sold 9,637 shares of GENZ stock on 05/26/2009 at the average price of $56.54; the price of the stock has decreased by 8.22% since.

Lexmark International Inc. (LXK) Reached the 52-Week Low of $14.48

The prices of Lexmark International Inc. (LXK) shares have declined to close to the 52-week low of $14.48, which is 60.8% off the 52-week high of $36.9. Lexmark International Inc. is owned by 2 Gurus we are tracking. Among them, 1 has added to their positions during the past quarter.

Lexmark International Inc. makes it easier for businesses and consumers to move information between the digital and paper worlds. In doing so they are guided by a simple vision: Customers For Life. To earn its customers' loyalty they listen to them anticipate their needs and act to create value in their eyes. Lexmark International Inc. has a market cap of $1.13 billion; its shares were traded at around $14.48 with a P/E ratio of 5.1 and P/S ratio of 0.3. Lexmark International Inc. had an annual average earning growth of 7.1% over the past 10 years.

Lexmark recently reported its second quarter results. The company announced that its earnings per share in the quarter were 22 cents, compared to 89 cents in the second quarter of 2008. The company's revenue was $905 million, down 21% compared to the $1.14 billion in revenue last year.

Third Avenue Management owns 2,019,034 shares as of 03/31/2009, which accounts for 0.9% of the $3.78 billion portfolio of Third Avenue Management. David Dreman owns 10,020 shares as of 06/30/2009, which accounts for 0.01% of the $3.12 billion portfolio of Dreman Value Management.

AmeriVest Properties Inc (AMV) Reached the 52-Week Low of $7.85

The prices of AmeriVest Properties Inc (AMV) shares have declined to close to the 52-week low of $7.85, which is 20.4% off the 52-week high of $9.86. AmeriVest Properties Inc is owned by 1 Gurus we are tracking.

Alternative Asset Management Acquisition Corp. is a newly organized blank check company formed for the purpose of acquiring through a merger capital stock exchange asset acquisition stock purchase reorganization or similar business combination one or more businesses or assets in the alternative asset management sector or a related business. AmeriVest Properties Inc has a market cap of $406.2 million; its shares were traded at around $7.85 with a P/E ratio of 112.1.

Jean-Marie Eveillard owns 254,500 shares as of 03/31/2009, which accounts for 0.03% of the $7.39 billion portfolio of Arnhold & S. Bleichroeder Advisers, LLC.

Many insiders are recently selling off their positions in the company. Sell: 10% Owner Core Strategies (us Integrated) sold 400,000 shares of AMV stock on 06/17/2009 at the average price of $9.73; the price of the stock has decreased by 19.32% since.

First BanCorp. (FBP) Reached the 52-Week Low of $3.1

The prices of First BanCorp. (FBP) shares have declined to close to the 52-week low of $3.1, which is 74.5% off the 52-week high of $12.17. First BanCorp. is owned by 1 Gurus we are tracking, who reduced his positions in the company.

First Bancorp distinguished itself by providing innovative marketing strategies and novel products to attract clients. The company has a market cap of $286.9 million; its shares were traded at around $3.1 with a P/E ratio of 5.5 and P/S ratio of 0.3. The dividend yield of First BanCorp. stocks is 9.2%. First BanCorp. had an annual average earning growth of 11.1% over the past 10 years.

Arnold Schneider owns 2,557,240 shares as of 03/31/2009, which accounts for 1.08% of the $1.01 billion portfolio of Schneider Capital Management.

Sell: President,CEO & Board Chairman Luis Beauchamp sold 80,000 shares of FBP stock on 02/25/2009 at the average price of $3.89; the price of the stock has decreased by 20.31% since. Additionally, the company was also traded by its CFO, and many insiders have increased their positions in the company.

Go here for the complete list of 52-week lows.