Last week's top five stocks that reached their 52-week lows were People's United Financial Inc, SAIC Inc, NashFinch Company, First BanCorp , Westfield Financial Inc.
Last week's top two out of favor industries were the Banking and Electricity industries. 29 banks have reahced their 52-week lows, while 16 have reached their 52-week highs, giving the industry a low/high ratio of 1.81. In the electricity industry, 2 stocks have reached their 52-week lows, while 2 have reached their 52-week high, giving the industry a low/high ratio of 1.
For full details about guru stocks at 52-week low and more information, click here: http://www.gurufocus.com/52weeklow.php.
People's United Financial Inc. (PBCT, Financial) Reached the 52-Week Low of $15.31
The prices of People's United Financial Inc. (PBCT) shares have declined to close to the 52-week low of $15.31, which is 24.5% off the 52-week high of $19.8. People's United Financial 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.
People's United Financial recently reported its second quarter results. The company announced that its income was $27.4 million, or 8 cents per share, compared to $26.7 million, also 8 cents per share, a year ago.
People's Bank is a diversified financial services company providing consumer and commercial banking services in addition to insurance trust and financial advisory services. Through its subsidiaries People's provides brokerage and financial advisory services asset management equipment financing and insurance services. People's United Financial Inc. has a market cap of $5.34 billion; its shares were traded at around $15.31 with a P/E ratio of 37.4 and P/S ratio of 4.3. The dividend yield of People's United Financial Inc. stocks is 4%. People's United Financial Inc. had an annual average earning growth of 1% over the past 5 years.
Ron Baron owns 1,918,050 shares as of 06/30/2009, an increase of 11.64% from the previous quarter. This position accounts for 0.24% of the $11.99 billion portfolio of Baron Funds. Ron Baron owns 1,918,050 shares as of 06/30/2009, which accounts for 0.24% of the $11.99 billion portfolio of Baron Funds. John Paulson owns 2,750,000 shares as of 06/30/2009, which accounts for 0.24% of the $17.13 billion portfolio of Paulson & Co.. NWQ Managers owns 1,278,203 shares as of 06/30/2009, which accounts for 0.13% of the $14.8 billion portfolio of NWQ Investment Management Co.
Sell: President & CEO Philip R Sherringham sold 60,000 shares of PBCT stock on 08/11/2009 at the average price of $16.85; the price of the stock has decreased by 9.14% since.
SAIC Inc. (SAI, Financial) Reached the 52-Week Low of $17.46
The prices of SAIC Inc. (SAI) shares have declined to close to the 52-week low of $17.46, which is 16.3% off the 52-week high of $20.28. SAIC Inc. is owned by 1 Gurus we are tracking. 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 has a market cap of $3.57 billion; its shares were traded at around $17.46 with a P/E ratio of 14.7 and P/S ratio of 0.4.
SAIC recently reported its second quarter fiscal year 2010 results. The company announced that its revenues were up 8% compared to results from a year ago, to $2.75 million. Operating income was up1 7%, and diluted EPS was up 19 percent, to 31 cents per share.
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.
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 4.33% since.
NashFinch Company (NAFC, Financial) Reached the 52-Week Low of $26.99
The prices of NashFinch Company (NAFC) shares have declined to close to the 52-week low of $26.99, which is 42.8% off the 52-week high of $45.94. NashFinch Company is owned by 2 Gurus we are tracking. Among them, 2 have added to their positions during the past quarter. 0 reduced their positions. Nash Finch Company is one of the largest food distribution companies in the United States. Nashfinch Company has a market cap of $351.3 million; its shares were traded at around $26.99 with a P/E ratio of 8.6 and P/S ratio of 0.1. The dividend yield of Nashfinch Company stocks is 2.6%.
Nash Finch Company recently reported its second quarter 2009 results. The company announced that its Total Company Sales were $1.2 billion for the quarter, compared to $1.02 billion a year ago, or an increase of 18.8%. Sales increased 1.9% from last year as well.
Robert Olstein bought 7,000 shares in the quarter that ended on 06/30/2009, which is 0.04% of the $467 million portfolio of Olstein Financial Alert Fund. David Dreman owns 600,234 shares as of 06/30/2009, an increase of 32.26% from the previous quarter. This position accounts for 0.52% of the $3.12 billion portfolio of Dreman Value Management.
First BanCorp . (FBP, Financial) Reached the 52-Week Low of $2.78
The prices of First BanCorp. (FBP) shares have declined to close to the 52-week low of $2.78, which is 77.2% off the 52-week high of $12.17. First BanCorp. is owned by 1 Guru we are tracking. First Bancorp distinguished itself by providing innovative marketing strategies and novel products to attract clients. Besides the branches and lending offices the Corporation has offered a telephone information service called `Telebanco` since 1983. First Bancorp. has a market cap of $265.5 million; its shares were traded at around $2.78 with and P/S ratio of 0.3. First Bancorp. had an annual average earning growth of 11.1% over the past 10 years.
Arnold Schneider owns 2,588,250 shares as of 06/30/2009, which accounts for 0.71% of the $1.44 billion portfolio of Schneider Capital Management.
First Bancorp recently reported its second quarter results. The company announced that its second quarter net income was $35 million, compared to $5.3 million in the second quarter of 2008. The company realized a $53.8 million gain related the the acquisition of Cooperative Bank.
Buy: EVP & General Counsel Lawrence Odell bought 10,000 shares of FBP stock on 08/10/2009 at the average price of $4.03; the price of the stock has decreased by 31.02% since.
Westfield Financial Inc (WFD, Financial) Reached the 52-Week Low of $8.29
The prices of Westfield Financial Inc (WFD) shares have declined to close to the 52-week low of $8.29, which is 20.2% off the 52-week high of $10.36. Westfield Financial Inc is owned by 1 Gurus we are tracking, who reduced their positions in the company. Westfield Financial Inc. is the holding company for Westfield Bank. Westfield Financial Inc has a market cap of $257.4 million; its shares were traded at around $8.29 with a P/E ratio of 37.9 and P/S ratio of 4.4. The dividend yield of Westfield Financial Inc stocks is 2.4%. Westfield Financial Inc had an annual average earning growth of 17.8% over the past 5 years.
Westfield Financial recently reported its results for the quarter and six months ended June 30, 2009. The company announced that its net income was $1.1 million, or 4 cents per diluted share, compared to $2.1 million, or 7 cents per diluted share a year ago. For the six months ended in the second quarter, net income was $2.3 million, or 8 cents per diluted share, compared to 13 cents per diluted share a year ago.
John Keeley owns 2,891,510 shares as of 06/30/2009, which accounts for 0.45% of the $5.82 billion portfolio of Keeley Fund Management.
Sell: President and CEO James C Hagan sold 1,301 shares of WFD stock on 07/28/2009 at the average price of $9.26; the price of the stock has decreased by 10.48% since.
Go here for the complete list of 52-week lows.
Last week's top two out of favor industries were the Banking and Electricity industries. 29 banks have reahced their 52-week lows, while 16 have reached their 52-week highs, giving the industry a low/high ratio of 1.81. In the electricity industry, 2 stocks have reached their 52-week lows, while 2 have reached their 52-week high, giving the industry a low/high ratio of 1.
For full details about guru stocks at 52-week low and more information, click here: http://www.gurufocus.com/52weeklow.php.
People's United Financial Inc. (PBCT, Financial) Reached the 52-Week Low of $15.31
The prices of People's United Financial Inc. (PBCT) shares have declined to close to the 52-week low of $15.31, which is 24.5% off the 52-week high of $19.8. People's United Financial 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.
People's United Financial recently reported its second quarter results. The company announced that its income was $27.4 million, or 8 cents per share, compared to $26.7 million, also 8 cents per share, a year ago.
People's Bank is a diversified financial services company providing consumer and commercial banking services in addition to insurance trust and financial advisory services. Through its subsidiaries People's provides brokerage and financial advisory services asset management equipment financing and insurance services. People's United Financial Inc. has a market cap of $5.34 billion; its shares were traded at around $15.31 with a P/E ratio of 37.4 and P/S ratio of 4.3. The dividend yield of People's United Financial Inc. stocks is 4%. People's United Financial Inc. had an annual average earning growth of 1% over the past 5 years.
Ron Baron owns 1,918,050 shares as of 06/30/2009, an increase of 11.64% from the previous quarter. This position accounts for 0.24% of the $11.99 billion portfolio of Baron Funds. Ron Baron owns 1,918,050 shares as of 06/30/2009, which accounts for 0.24% of the $11.99 billion portfolio of Baron Funds. John Paulson owns 2,750,000 shares as of 06/30/2009, which accounts for 0.24% of the $17.13 billion portfolio of Paulson & Co.. NWQ Managers owns 1,278,203 shares as of 06/30/2009, which accounts for 0.13% of the $14.8 billion portfolio of NWQ Investment Management Co.
Sell: President & CEO Philip R Sherringham sold 60,000 shares of PBCT stock on 08/11/2009 at the average price of $16.85; the price of the stock has decreased by 9.14% since.
SAIC Inc. (SAI, Financial) Reached the 52-Week Low of $17.46
The prices of SAIC Inc. (SAI) shares have declined to close to the 52-week low of $17.46, which is 16.3% off the 52-week high of $20.28. SAIC Inc. is owned by 1 Gurus we are tracking. 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 has a market cap of $3.57 billion; its shares were traded at around $17.46 with a P/E ratio of 14.7 and P/S ratio of 0.4.
SAIC recently reported its second quarter fiscal year 2010 results. The company announced that its revenues were up 8% compared to results from a year ago, to $2.75 million. Operating income was up1 7%, and diluted EPS was up 19 percent, to 31 cents per share.
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.
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 4.33% since.
NashFinch Company (NAFC, Financial) Reached the 52-Week Low of $26.99
The prices of NashFinch Company (NAFC) shares have declined to close to the 52-week low of $26.99, which is 42.8% off the 52-week high of $45.94. NashFinch Company is owned by 2 Gurus we are tracking. Among them, 2 have added to their positions during the past quarter. 0 reduced their positions. Nash Finch Company is one of the largest food distribution companies in the United States. Nashfinch Company has a market cap of $351.3 million; its shares were traded at around $26.99 with a P/E ratio of 8.6 and P/S ratio of 0.1. The dividend yield of Nashfinch Company stocks is 2.6%.
Nash Finch Company recently reported its second quarter 2009 results. The company announced that its Total Company Sales were $1.2 billion for the quarter, compared to $1.02 billion a year ago, or an increase of 18.8%. Sales increased 1.9% from last year as well.
Robert Olstein bought 7,000 shares in the quarter that ended on 06/30/2009, which is 0.04% of the $467 million portfolio of Olstein Financial Alert Fund. David Dreman owns 600,234 shares as of 06/30/2009, an increase of 32.26% from the previous quarter. This position accounts for 0.52% of the $3.12 billion portfolio of Dreman Value Management.
First BanCorp . (FBP, Financial) Reached the 52-Week Low of $2.78
The prices of First BanCorp. (FBP) shares have declined to close to the 52-week low of $2.78, which is 77.2% off the 52-week high of $12.17. First BanCorp. is owned by 1 Guru we are tracking. First Bancorp distinguished itself by providing innovative marketing strategies and novel products to attract clients. Besides the branches and lending offices the Corporation has offered a telephone information service called `Telebanco` since 1983. First Bancorp. has a market cap of $265.5 million; its shares were traded at around $2.78 with and P/S ratio of 0.3. First Bancorp. had an annual average earning growth of 11.1% over the past 10 years.
Arnold Schneider owns 2,588,250 shares as of 06/30/2009, which accounts for 0.71% of the $1.44 billion portfolio of Schneider Capital Management.
First Bancorp recently reported its second quarter results. The company announced that its second quarter net income was $35 million, compared to $5.3 million in the second quarter of 2008. The company realized a $53.8 million gain related the the acquisition of Cooperative Bank.
Buy: EVP & General Counsel Lawrence Odell bought 10,000 shares of FBP stock on 08/10/2009 at the average price of $4.03; the price of the stock has decreased by 31.02% since.
Westfield Financial Inc (WFD, Financial) Reached the 52-Week Low of $8.29
The prices of Westfield Financial Inc (WFD) shares have declined to close to the 52-week low of $8.29, which is 20.2% off the 52-week high of $10.36. Westfield Financial Inc is owned by 1 Gurus we are tracking, who reduced their positions in the company. Westfield Financial Inc. is the holding company for Westfield Bank. Westfield Financial Inc has a market cap of $257.4 million; its shares were traded at around $8.29 with a P/E ratio of 37.9 and P/S ratio of 4.4. The dividend yield of Westfield Financial Inc stocks is 2.4%. Westfield Financial Inc had an annual average earning growth of 17.8% over the past 5 years.
Westfield Financial recently reported its results for the quarter and six months ended June 30, 2009. The company announced that its net income was $1.1 million, or 4 cents per diluted share, compared to $2.1 million, or 7 cents per diluted share a year ago. For the six months ended in the second quarter, net income was $2.3 million, or 8 cents per diluted share, compared to 13 cents per diluted share a year ago.
John Keeley owns 2,891,510 shares as of 06/30/2009, which accounts for 0.45% of the $5.82 billion portfolio of Keeley Fund Management.
Sell: President and CEO James C Hagan sold 1,301 shares of WFD stock on 07/28/2009 at the average price of $9.26; the price of the stock has decreased by 10.48% since.
Go here for the complete list of 52-week lows.
