Guru Stocks at 52-Week Lows: Banco Ita Holding Financeira S.A, TDK Corp, SAIC Inc, Pike Electric Corp, AmeriVest Properties Inc.

Guru Stocks at 52-Week Lows

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Aug 17, 2009
According to GuruFocus updates, these Guru stocks have reached their 52-week lows.

Last week's top two out of favor industries were the Media and Electricity industries. 3 stocks in the Media industry have reached their 52-week lows, while 1 has reached its 52-week high, giving the industry a low/high ratio of 3. In the Electricity industry, 2 stocks have reached their 52-week lows, while 2 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: http://www.gurufocus.com/52weeklow.php.

Banco Ita Holding Financeira S.A. (ITU, Financial) Reached the 52-Week Low of $14.39

The prices of Banco Ita Holding Financeira S.A. (ITU) shares have declined to close to the 52-week low of $14.39, which is 45.9% off the 52-week high of $25.88. Banco Ita Holding Financeira S.A. is owned by 1 Gurus we are tracking. BANCO ITAU -ADR's main goal is to focus on an equilibrium between growth and profitability aimed at always generating value for the stockholder in the long run. Banco Ita Holding Financeira S.A. has a market cap of $48.86 billion; its shares were traded at around $14.39 with a P/E ratio of 10.9. The dividend yield of Banco Ita Holding Financeira S.A. stocks is 0.5%.

Kenneth Fisher owns 229,386 shares as of 06/30/2009, which accounts for 0.01% of the $24.67 billion portfolio of Fisher Asset Management, LLC.

TDK Corp. (TDK, Financial) Reached the 52-Week Low of $45.24

The prices of TDK Corp. (TDK) shares have declined to close to the 52-week low of $45.24, which is 49.4% off the 52-week high of $90.49. TDK Corp. is owned by 1 Gurus we are tracking.

TDK Corp. has a portfolio of technologies originally developed for its businesses involving electronic materials components and devices semiconductor recording media and data storage devices. It has a market cap of $6.56 billion; its shares were traded at around $45.24 with a P/E ratio of 9.9. The dividend yield of TDK Corp. stocks is 2.5%.

TDK recently reported its first quarter fiscal 2010 results. The company announced that its net sales was 1.9 million, down 4.8% from results from a year ago.

Charles Brandes bought 1,558,652 shares in the quarter that ended on 03/31/2009, which is 0.37% of the $16.16 billion portfolio of Brandes Investment.

SAIC Inc. (SAI, Financial) Reached the 52-Week Low of $17.62

The prices of SAIC Inc. (SAI) shares have declined to close to the 52-week low of $17.62, which is 18.3% off the 52-week high of $20.78. SAIC Inc. is owned by 2 Gurus we are tracking. Among them, 0 have added to their positions during the past quarter. 2 reduced their positions. SAIC INC is a scientific engineering and technology applications company that uses its deep domain knowledge to solve problems of vital importance to the nation and the world in national security energy and the environment critical infrastructure and health. The company's approximately 40000 employees serve customers in the Department of Defense the intelligence community the U.S. Department of Homeland Security other U.S. Government civil agencies and selected commercial markets. SAIC Inc. has a market cap of $3.59 billion; its shares were traded at around $17.62 with a P/E ratio of 15.3 and P/S ratio of 0.4.

SAIC recently reported that it would announce its second quarter results on September 9 th. For the first quarter results, the company said that its revenue was up 12%, to $2.65 billion, as operating income was up 17% and EPS was up 16%.

Ron Baron owns 2,712,200 shares as of 06/30/2009, which accounts for 0.42% of the $11.99 billion portfolio of Baron Funds. Ron Baron owns 2,715,666 shares as of 03/31/2009, which accounts for 0.53% of the $11.99 billion portfolio of Baron Funds.

Sell: Group President Joseph W Iii Craver sold 40,000 shares of SAI stock on 06/09/2009 at the average price of $18.25; the price of the stock has decreased by 3.45% since.

Pike Electric Corp. (PEC, Financial) Reached the 52-Week Low of $10.6

The prices of Pike Electric Corp. (PEC) shares have declined to close to the 52-week low of $10.6, which is 39.7% off the 52-week high of $21.16. Pike Electric Corp. is owned by 1 Gurus we are tracking. Pike Electric is one of the largest third-party providers of outsourced electric distribution and transmission services in the United States. Their core activities consist of the maintenance upgrade and extension of electric distribution and sub-500 kilovolt or kV transmission powerlines for more than 150 electric utilities cooperatives and municipalities. Pike Electric Corp. has a market cap of $494.63 million; its shares were traded at around $10.6 with a P/E ratio of 26.6.

Pike recently reported its third quarter 2009 results. The company announced that its revenues increased about 18% to $155 million in the third quarter, compared with results from a year ago. Gross profit was 18.2% of revenue, compared to 15.8% of revenue a year ago.

Richard Pzena owns 1,023,334 shares as of 03/31/2009, which accounts for 0.14% of the $6.95 billion portfolio of Pzena Investment Management LLC.

AmeriVest Properties Inc (AMV, Financial) 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 $406.24 million; its shares were traded at around $7.85 with a P/E ratio of 112.14.

Jean-Marie Eveillard bought 328,600 shares in the quarter that ended on 06/30/2009, which is 0.04% of the $8.91 billion portfolio of Arnhold & S. Bleichroeder Advisers, LLC.

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