Weekly 3-Year Low Highlights: PKX, MT, SID, UMC

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Mar 26, 2013
According to GuruFocus list of three-year lows, POSCO, ArcelorMittal SA, Companhia Siderurgica Nacional and Walter Energy Inc. have all reached their three-year lows.

POSCO (PKX, Financial) Reached the Three-Year Low of $72.88

The prices of POSCO (PKX) shares have declined to close to the three-year low of $72.88, which is 44.1% off the three-year high of $125.97.

POSCO is owned by nine Gurus we are tracking. Among them, four have added to their positions during the past quarter, and four have reduced their positions.

POSCO has a market cap of $22.52 billion; its shares were traded at around $72.88 with a P/E ratio of 8.6 and P/S ratio of 0.4. The dividend yield of POSCO stocks is 2.3%. POSCO had an annual average earnings growth of 3.2% over the past 10 years.

POSCO has released full-year 2012 results. Consolidated revenue in 2012 was $58.6 billion, a decrease of 7.7% from prior year quarter. Net income fell 35.8% from last year to $2.2 billion, and margins were 88.3% compared to 86.8% in 2011.

Three Gurus Kept Positions in PKX Unchanged or Slightly Adjusted: Third Avenue Management owns 2,871,845 shares as of 12/31/2012, which accounts for 5.1% of the $4.63 billion portfolio of Third Avenue Management. Charles Brandes owns 769,013 shares as of 12/31/2012, which accounts for 0.74% of the $8.55 billion portfolio of Brandes Investment. Martin Whitman owns 1,916,774 shares as of 01/31/2013, which accounts for 6.82% of the $2.29 billion portfolio of Third Avenue Value Fund.

One Guru Reduced Positions: Martin Whitman owns 2,104,774 shares as of 10/31/2012, a decrease of 25.93% of from the previous quarter. This position accounts for 7.16% of the $2.29 billion portfolio of Third Avenue Value Fund.

ArcelorMittal SA (MT, Financial) Reached the Thee-Year Low of $13.32

The prices of ArcelorMittal SA (MT) shares have declined to close to the three-year low of $13.32, which is 70.8% off the three-year high of $45.25.

ArcelorMittal SA is owned by four Gurus we are tracking. Among them, three have added to their positions during the past quarter, and one has reduced his position. Mittal Steel is one of the largest steelmakers in the world. ArcelorMittal SA has a market cap of $20.79 billion; its shares were traded at around $13.32 with a P/E ratio of 20 and P/S ratio of 0.3. The dividend yield of ArcelorMittal SA stocks is 4.9%.

ArcelorMittal reported a $3.99 billion net loss for its fourth quarter 2012. This compares to a net loss of $1 billion in the same quarter of 2011. This loss includes writedowns and charges totaling $4.8 billion. Sales fell 14% year over year to $19.3 billion.

One Guru Initiated Positions: John Burbank bought 1,324,000 shares in the quarter that ended on 12/31/2012, which is 0.89% of the $2.59 billion portfolio of Passport Capital.

Companhia Siderurgica Nacional (SID, Financial) Reached the Three-Year Low of $4.49

The prices of Companhia Siderurgica Nacional (SID) shares have declined to close to the three-year low of $4.49, which is 78.9% off the three-year high of $21.03.

Companhia Siderurgica Nacional is a Brazilian corporation incorporated in 1941. Companhia Siderurgica Nacional has a market cap of $6.55 billion; its shares were traded at around $4.49 with a P/E ratio of 164.2 and P/S ratio of 0.8. The dividend yield of Companhia Siderurgica Nacional stocks is 2.2%. Companhia Siderurgica Nacional had an annual average earnings growth of 4% over the past 10 years. GuruFocus rated Companhia Siderurgica Nacional the business predictability rank of 1-star.

United Microelectronics Corp. (UMC, Financial) Reached the Three-Year Low of $1.8

The prices of United Microelectronics Corp. (UMC) shares have declined to close to the three-year low of $1.8, which is 55.6% off the three-year high of $3.94.

United Microelectronics Corp. is owned by four Gurus we are tracking. Among them, one has added to his position during the past quarter. UMC specializes in providing foundry services for high performance semiconductor applications. United Microelectronics Corp. has a market cap of $4.65 billion; its shares were traded at around $1.8 with a P/E ratio of 18.4 and P/S ratio of 1.3. The dividend yield of United Microelectronics Corp. stocks is 3.2%. United Microelectronics Corp. had an annual average earnings growth of 5.2% over the past five years.

United Microelectronics Corp. saw fourth quarter 2012 revenues decline 8.5% to $898 million. Net income for the quarter was $40.4 million ($0.01 per diluted share).

Go here for the complete list of three-year lows.