Last week's top five stocks that reached their 52-week lows were Genzyme Corp, Apollo Group Inc, Cogent Inc, AMERICAN PUBLIC EDUCATION, INC, and Whitney Holding Corp. According to GuruFocus updates, these Guru stocks have reached their 52-week lows.
Last week's top two out of favor industries were the Banking and Automobile/Parts industries. 39 banks have reached their 52-week lows, while 19 have reached their 52-week highs, giving the industry a low/high ratio of 2.05. In the Automobile/Parts industry, 1 stock has reached its 52-week low, while 1 has reached its 52-week high, giving the industry a low/high ratio of 1.
For full details on guru stocks at 52-week low and more information, click here: http://www.gurufocus.com/52weeklow.php
Genzyme recently reported its third quarter results. The company announced that its third-quarter revenue was $1.06 billion, compared with $1.16 billion in the same period a year ago. Results reflect the impact of the temporary interruption in production of Cerezyme® (imiglucerase for injection) and Fabrazyme® (agalsidase beta) associated with the remediation of the company’s Allston manufacturing facility.
Carl Icahn bought 1,450,800 shares in the quarter that ended on 09/30/2009, which is 2.63% of the $3.13 billion portfolio of Icahn Capital Management LP. Jean-Marie Eveillard owns 458,264 shares as of 09/30/2009, an increase of 32586.4% from the previous quarter. This position accounts for 0.24% of the $10.76 billion portfolio of Arnhold & S. Bleichroeder Advisers, LLC.
Buy:: Director Victor J Dzau bought 1,000 shares of GENZ stock on 09/10/2009 at the average price of 55, the price of the stock has decreased by 9% since. Other insiders decreased their positions in the company.
Apollo Group recently reported its third quarter 2009 results. The company announced that its net revenue for the quarter was over $1 billion, up 26% compared to results as of the third quarter of 2008. Net income was $1.26 per share, compared to 85 cents per share in the third quarter of 2008. “We are pleased to report a record third quarter, driven largely by continuing increases in enrollments and improved student retention at University of Phoenix,” said Co-Chief Executive Officer of Apollo Group, Chas Edelstein. “When our students succeed academically, we succeed financially and, for the first time in a quarter, Apollo surpassed the $1 billion revenue mark.”
Ken Heebner bought 1,000,000 shares in the quarter that ended on 09/30/2009, which is 1.1% of the $6.72 billion portfolio of CAPITAL GROWTH MANAGEMENT LP. John Rogers bought 102,060 shares in the quarter that ended on 09/30/2009, which is 0.17% of the $4.51 billion portfolio of ARIEL CAPITAL MANAGEMENT LLC. George Soros bought 4,500 shares in the quarter that ended on 09/30/2009, which is 0.01% of the $4.41 billion portfolio of Soros Fund Management LLC.
Buy:: Director Stephen Giusto bought 1,000 shares of APOL stock on 10/30/2009 at the average price of 58.19, the price of the stock has decreased by 5.31% since. Some other insiders have decreased their positions in the company.
Cogent recently reported its third quarter results. The company announced service revenue of $60.2 million for the three months ended September 30, 2009, an increase of 3.9% over $58.0 million for the three months ended June 30, 2009 and an increase of 10.3% over $54.6 million for the three months ended September 30, 2008.
George Soros bought 11,600 shares in the quarter that ended on 09/30/2009, which is less than 0.01% of the $4.41 billion portfolio of Soros Fund Management LLC.
Sell:: Executive Vice President Michael Hollowich sold 13,660 shares of COGT stock on 09/01/2009 at the average price of 10.42, the price of the stock has decreased by 13.63% since. Other insiders have also decreased their positions in the company.
APEI recently reported its third quarter results. The company announced that its total revenues for the third quarter of 2009 increased 33% to $36.5 million, compared to total revenues of $27.4 million in the third quarter of 2008. Income from operations before interest income and income tax in the third quarter of 2009 increased 35% to $8.4 million, compared to $6.2 million in the same period of 2008. Operating margin in the third quarter of 2009 increased to 23.0%, compared to 22.6% in the third quarter of 2008. Stock-based compensation expense reduced operating income by $562,000 in the third quarter of 2009 and $396,000 in the third quarter of 2008.
Ron Baron owns 600,000 shares as of 09/30/2009, which accounts for 0.15% of the $13.75 billion portfolio of Baron Funds.
Sell:: President and CEO Wallace E. Jr. Boston sold 5,000 shares of APEI stock on 10/15/2009 at the average price of 36.24, the price of the stock has decreased by 11.31% since. Many other insiders have also decreased their positions in the company.
Whitney recently reported its third quarter 2009 results. The company announced that it recorded a net loss of $30.0 million for the third quarter of 2009 compared to a net loss of $21.3 million for the second quarter of 2009.“Whitney is a strong franchise that continues to report a stable core deposit base and a top ranked net interest margin,” said John C. Hope, III, Chairman and CEO. “Our loan portfolio outside of Florida is performing in line with our expectations despite increasing levels of stress from the overall economic environment and we are managing all problem areas aggressively. While addressing credit issues is currently our top priority, we remain committed to our Strategic Plan with the goal of creating long-term value for our shareholders.”
Private Capital owns 1,022,905 shares as of 06/30/2009, a decrease of 27.4% of from the previous quarter. This position accounts for 0.65% of the $1.44 billion portfolio of Private Capital Management.
Buy:: Chairman of the Board and CEO John C Iii Hope bought 10,000 shares of WTNY stock on 11/04/2009 at the average price of 7.94, the price of the stock has increased by 2.02% since. Many other insiders have also increased their positions in the company.
Go here for the complete list of 52-week lows.
Last week's top two out of favor industries were the Banking and Automobile/Parts industries. 39 banks have reached their 52-week lows, while 19 have reached their 52-week highs, giving the industry a low/high ratio of 2.05. In the Automobile/Parts industry, 1 stock has reached its 52-week low, while 1 has reached its 52-week high, giving the industry a low/high ratio of 1.
For full details on guru stocks at 52-week low and more information, click here: http://www.gurufocus.com/52weeklow.php
Genzyme Corp. (GENZ, Financial) Reached the 52-Week Low of $50.05
The prices of Genzyme Corp. (GENZ) shares have declined to close to the 52-week low of $50.05, which is 34.2% off the 52-week high of $73.21. Genzyme Corp. is owned by 9 Gurus we are tracking. Among them, 2 have added to their positions during the past quarter. 3 reduced their positions. Genzyme Corp. has a market cap of $13.53 billion; its shares were traded at around $50.05 with a P/E ratio of 17.7 and P/S ratio of 2.9. 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 third quarter results. The company announced that its third-quarter revenue was $1.06 billion, compared with $1.16 billion in the same period a year ago. Results reflect the impact of the temporary interruption in production of Cerezyme® (imiglucerase for injection) and Fabrazyme® (agalsidase beta) associated with the remediation of the company’s Allston manufacturing facility.
Carl Icahn bought 1,450,800 shares in the quarter that ended on 09/30/2009, which is 2.63% of the $3.13 billion portfolio of Icahn Capital Management LP. Jean-Marie Eveillard owns 458,264 shares as of 09/30/2009, an increase of 32586.4% from the previous quarter. This position accounts for 0.24% of the $10.76 billion portfolio of Arnhold & S. Bleichroeder Advisers, LLC.
Buy:: Director Victor J Dzau bought 1,000 shares of GENZ stock on 09/10/2009 at the average price of 55, the price of the stock has decreased by 9% since. Other insiders decreased their positions in the company.
Apollo Group Inc. (APOL, Financial) Reached the 52-Week Low of $55.1
The prices of Apollo Group Inc. (APOL) shares have declined to close to the 52-week low of $55.1, which is 39.6% off the 52-week high of $89.22. Apollo Group Inc. is owned by 7 Gurus we are tracking. Among them, 6 have added to their positions during the past quarter. Apollo Group Inc. has a market cap of $8.51 billion; its shares were traded at around $55.1 with a P/E ratio of 13.1 and P/S ratio of 2.2. Apollo Group Inc. had an annual average earning growth of 29.1% over the past 10 years. GuruFocus rated Apollo Group Inc. the business predictability rank of 4-star.Apollo Group recently reported its third quarter 2009 results. The company announced that its net revenue for the quarter was over $1 billion, up 26% compared to results as of the third quarter of 2008. Net income was $1.26 per share, compared to 85 cents per share in the third quarter of 2008. “We are pleased to report a record third quarter, driven largely by continuing increases in enrollments and improved student retention at University of Phoenix,” said Co-Chief Executive Officer of Apollo Group, Chas Edelstein. “When our students succeed academically, we succeed financially and, for the first time in a quarter, Apollo surpassed the $1 billion revenue mark.”
Ken Heebner bought 1,000,000 shares in the quarter that ended on 09/30/2009, which is 1.1% of the $6.72 billion portfolio of CAPITAL GROWTH MANAGEMENT LP. John Rogers bought 102,060 shares in the quarter that ended on 09/30/2009, which is 0.17% of the $4.51 billion portfolio of ARIEL CAPITAL MANAGEMENT LLC. George Soros bought 4,500 shares in the quarter that ended on 09/30/2009, which is 0.01% of the $4.41 billion portfolio of Soros Fund Management LLC.
Buy:: Director Stephen Giusto bought 1,000 shares of APOL stock on 10/30/2009 at the average price of 58.19, the price of the stock has decreased by 5.31% since. Some other insiders have decreased their positions in the company.
Cogent Inc. (COGT, Financial) Reached the 52-Week Low of $9
The prices of Cogent Inc. (COGT) shares have declined to close to the 52-week low of $9, which is 39.0% off the 52-week high of $14.37. Cogent Inc. is owned by 1 Guru we are tracking. Cogent Inc. has a market cap of $806.7 million; its shares were traded at around $9 with a P/E ratio of 23 and P/S ratio of 6.4.Cogent recently reported its third quarter results. The company announced service revenue of $60.2 million for the three months ended September 30, 2009, an increase of 3.9% over $58.0 million for the three months ended June 30, 2009 and an increase of 10.3% over $54.6 million for the three months ended September 30, 2008.
George Soros bought 11,600 shares in the quarter that ended on 09/30/2009, which is less than 0.01% of the $4.41 billion portfolio of Soros Fund Management LLC.
Sell:: Executive Vice President Michael Hollowich sold 13,660 shares of COGT stock on 09/01/2009 at the average price of 10.42, the price of the stock has decreased by 13.63% since. Other insiders have also decreased their positions in the company.
AMERICAN PUBLIC EDUCATION, INC. (APEI, Financial) Reached the 52-Week Low of $32.14
The prices of AMERICAN PUBLIC EDUCATION, INC. (APEI) shares have declined to close to the 52-week low of $32.14, which is 33.9% off the 52-week high of $48.27. AMERICAN PUBLIC EDUCATION, INC. is owned by 1 Guru we are tracking. American Public Education, Inc. has a market cap of $584.7 million; its shares were traded at around $32.14 with a P/E ratio of 29.3 and P/S ratio of 8.4.APEI recently reported its third quarter results. The company announced that its total revenues for the third quarter of 2009 increased 33% to $36.5 million, compared to total revenues of $27.4 million in the third quarter of 2008. Income from operations before interest income and income tax in the third quarter of 2009 increased 35% to $8.4 million, compared to $6.2 million in the same period of 2008. Operating margin in the third quarter of 2009 increased to 23.0%, compared to 22.6% in the third quarter of 2008. Stock-based compensation expense reduced operating income by $562,000 in the third quarter of 2009 and $396,000 in the third quarter of 2008.
Ron Baron owns 600,000 shares as of 09/30/2009, which accounts for 0.15% of the $13.75 billion portfolio of Baron Funds.
Sell:: President and CEO Wallace E. Jr. Boston sold 5,000 shares of APEI stock on 10/15/2009 at the average price of 36.24, the price of the stock has decreased by 11.31% since. Many other insiders have also decreased their positions in the company.
Whitney Holding Corp. (WTNY, Financial) Reached the 52-Week Low of $8.1
The prices of Whitney Holding Corp. (WTNY) shares have declined to close to the 52-week low of $8.1, which is 54.6% off the 52-week high of $17.64. Whitney Holding Corp. has a market cap of $548.4 million; its shares were traded at around $8.1 with and P/S ratio of 0.8. The dividend yield of Whitney Holding Corp. stocks is 0.5%. Whitney Holding Corp. had an annual average earning growth of 5.7% over the past 10 years.Whitney recently reported its third quarter 2009 results. The company announced that it recorded a net loss of $30.0 million for the third quarter of 2009 compared to a net loss of $21.3 million for the second quarter of 2009.“Whitney is a strong franchise that continues to report a stable core deposit base and a top ranked net interest margin,” said John C. Hope, III, Chairman and CEO. “Our loan portfolio outside of Florida is performing in line with our expectations despite increasing levels of stress from the overall economic environment and we are managing all problem areas aggressively. While addressing credit issues is currently our top priority, we remain committed to our Strategic Plan with the goal of creating long-term value for our shareholders.”
Private Capital owns 1,022,905 shares as of 06/30/2009, a decrease of 27.4% of from the previous quarter. This position accounts for 0.65% of the $1.44 billion portfolio of Private Capital Management.
Buy:: Chairman of the Board and CEO John C Iii Hope bought 10,000 shares of WTNY stock on 11/04/2009 at the average price of 7.94, the price of the stock has increased by 2.02% since. Many other insiders have also increased their positions in the company.
Go here for the complete list of 52-week lows.
