According to GuruFocus’ list of 52-week lows, these guru stocks have reached their 52-week lows.
Altria Group reached the 52-week low of $43.74
The price of Altria Group Inc. (MO, Financial) shares has declined to close to the 52-week low of $43.74, which is 35.8% off the 52-week high of $66.04. The company has a market cap of $84.67 billion.
Its shares traded with a price-earnings ratio of 13.06 and a price-sales ratio of 3.26 as of Aug. 30. The trailing 12-month dividend yield is 7.32%. The forward dividend yield is 7.68%. The company had an annual average earnings growth of 10.20% over the past 10 years. GuruFocus rated Altria Group’s business predictability at 3 stars.
Altria comprises Philip Morris USA, U.S. Smokeless Tobacco, John Middleton, Ste. Michelle Wine Estates, Nu Mark, and Philip Morris Capital. It holds a 10.5% interest in the world's largest brewer, AB InBev. Through its tobacco subsidiaries, Altria holds the leading position in cigarettes and smokeless tobacco in the United States and the number-two spot in machine-made cigars. The company's Marlboro brand is the leading cigarette brand in the U.S.
Net earnings for the second quarter of 2019 were $2.0 billion compared to $1.88 billion for the prior-year period.
ConocoPhillips reached the 52-week low of $52.18
The price of ConocoPhillips (COP, Financial) shares has declined to close to the 52-week low of $52.18, which is 37.5% off the 52-week high of $80.24. The company has a market cap of $57.55 billion.
Its shares traded with a price-earnings ratio of 8.42 and a price-sales ratio of 1.66 as of Aug. 30. The trailing 12-month dividend yield is 2.34%. The forward dividend yield is 2.34%.
ConocoPhillips is a U.S.-based oil and gas producer. In 2017, it produced 832,000 barrels per day of oil and natural gas liquids and 3.3 billion cubic feet per day of natural gas, primarily from the U.S., Canada, Norway and the U.K. Proven reserves at year-end 2016 stood at 5 billion barrels of oil equivalent.
Net income for the second quarter was $1.60 billion compared to $1.65 billion for the prior-year quarter.
Simon Property Group reached the 52-week low of $148.94
The price of Simon Property Group Inc. (SPG, Financial) shares has declined to close to the 52-week low of $148.94, which is 24.1% off the 52-week high of $191.49. The company has a market cap of $45.36 billion.
Its shares traded with a price-earnings ratio of 19.91 and a price-sales ratio of 8.05 as of August 30. The trailing 12-month dividend yield is 5.51%. The forward dividend yield is 5.64%. The company had an annual average earnings growth of 4.90% over the past 10 years.
Simon Property Group is the largest retail U.S. real estate investment trust, with distinct platforms for its upscale regional malls, premium outlet centers, and international properties, among others. Simon owns or has an interest in roughly 200 properties in the U.S. It has a 20% ownership interest in Klepierre, which owns shopping centers throughout Europe, and interests in multiple other properties throughout North America, Asia and Europe.
Net income for the second quarter of 2019 was $495.3 million compared to $547.0 million in the comparable period of 2018.
Bank of New York Mellon reached the 52-week low of $42.06
The price of Bank of New York Mellon Corp. (BK, Financial) shares has declined to close to the 52-week low of $42.06, which is 25.3% off the 52-week high of $54.27. The company has a market cap of $39.01 billion.
Its shares traded with a price-earnings ratio of 10.94 and a price-sales ratio of 2.65 as of August 30. The trailing 12-month dividend yield is 2.73%. The forward dividend yield is 2.95%.
Bank of New York Mellon is a global investment company involved in the management and servicing of financial assets throughout the investment lifecycle. The bank provides financial services for institutions, corporations, and individual investors, and delivers investment management and investment services in 35 countries and more than 100 markets. BNY Mellon is the largest global custody bank in the world, with over $32 trillion in under custody and administration, and can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute, or restructure investment.
Second quarter 2019 net income was $1.02 billion compared to $1.11 billion for the prior-year quarter.
Occidental Petroleum reached the 52-week low of $43.48
The price of Occidental Petroleum Corp. (OXY, Financial) shares has declined to close to the 52-week low of $43.48, which is 49.8% off the 52-week high of $83.35. The company has a market cap of $38.66 billion.
Its shares traded with a price-earnings ratio of 8.58 and a price-sales ratio of 1.78 as of August 30. The trailing 12-month dividend yield is 7.18%. The forward dividend yield is 7.27%.
Occidental is an independent exploration and production company with operations in the U.S., Latin America and the Middle East. At the end of 2017, the company reported net proven reserves of 2.6 billion barrels of oil equivalent. Net production averaged 601,000 barrels of oil equivalent per day in 2017, at a ratio of 25% oil and NGLs and 25% natural gas.
Net income for the second quarter of 2019 was $635 million compared to $848 million for the second quarter of 2018.
Senior Vice President and Chief Financial Officer Cedric W. Burgher bought 2,500 shares on August 14 at a price of $43.27. The price of the stock has increased by 0.49% since.
Senior Vice President Oscar K. Brown bought 5,000 shares on August 23 at a price of $42.62. The price of the stock has increased by 2.02% since.
Senior Vice President Kenneth Dillon bought 5,000 shares on August 16 at a price of $44.57. The price of the stock has decreased by 2.45% since.
Director Margaret M. Foran bought 1,000 shares on August 14 at a price of $43.15. The price of the stock has increased by 0.76% since.
Director William R. Klesse bought 5,000 shares on August 12 at a price of $44.96. The price of the stock has decreased by 3.29% since.
Director Bob Shearer bought 15,000 shares on August 5 at a price of $50.22. The price of the stock has decreased by 13.42% since.
Carnival Corp. reached the 52-week low of $44.08
The price of Carnival Corp. (CCL, Financial) shares has declined to close to the 52-week low of $44.08, which is 37.3% off the 52-week high of $67.69. The company has a market cap of $31.15 billion.
Its shares traded with a price-earnings ratio of 10.32 and a price-sales ratio of 1.56 as of August 30. The trailing 12-month dividend yield is 4.54%. The forward dividend yield is 4.54%. The company had an annual average earnings growth of 4.30% over the past 10 years.
Carnival Corp. (CCL, Financial) and Carnival PLC (CUK) operate a dual listed company, where the businesses of each are combined and operate as one economic entity. Carnival is the largest global cruise company, with more than 100 ships on the seas. Its portfolio of brands includes Carnival Cruise Lines, Holland America, Princess Cruises and Seabourn in North America; P&O Cruises and Cunard Line in the U.K.; Aida in Germany; Costa Cruises in Southern Europe; P&O Cruises in Australia; and Fathom, supporting impact travel. Carnival also owns Holland America Princess Alaska Tours in Alaska and the Canadian Yukon. Carnival's brands attract more than 12 million guests annually.
Net income was $451 million for the second quarter of 2019 compared to net income of $561 million for the second quarter of 2018.
Go here for the complete list of 52-week lows.
Disclosure: I do not own stock in any of the companies mentioned.
