The market was down over 3% last week, and stock prices have been plunging greatly, as oil prices reach record highs. Last week’s top five stocks that reached their 52-week lows were ROYAL BANK ADS, General Motors Corp, Ameriprise Financial Inc, Masco Corp, and Eastman Kodak Company.
The Travel/Leisure and banking industries were the top two out of favor industries last week. 27 travel/leisure stocks reached their 52-week lows last week, while 2 reached their 52-week highs, giving the travel/leisure industry a low/high ratio of 13.5. 77 banks have reached their 52-week lows, while 10 have reached their 52-week highs, giving the banking industry a low/high ratio of 7.7.
For full details about guru stocks at 52-week lows and more information, click here: http://www.gurufocus.com/52weeklow.php.
ROYAL BANK ADS (RBS, Financial) Reached the 52-Week Low of $5.77
The prices of ROYAL BANK ADS (RBS) shares have declined to close the 52-week low of $5.77, which is 46.8% lower than its 52-week high of $11.5. The company is owned by 3 gurus we are tracking. Among them, two increased their positions and 1 left them unchanged. The dividend yield of ROYAL BANK ADS stocks is 8%.
Charles Brandes owns 41,356,073 shares as of 03/31/2008 , an increase of 115.2% from the previous quarter. Richard Pzena owns 2,251,750 shares as of 03/31/2008 , an increase of 13.21% from the previous quarter. Brian Rogers owns 7,250,000 shares as of 03/31/2008 .
General Motors Corp. (GM, Financial) Reached the 52-Week Low of $17.6
The prices of General Motors Corp. (GM) shares have declined to close to the 52-week low of $17.6, which is 59.6% lower than its 52-week high of $43.2. The company engages in the development, production, and marketing of cars, trucks, and related parts worldwide. It has a market cap of $9.96 billion; its shares were traded at around $17.6 with P/S ratio of 0.06. The dividend yield of General Motors Corp. stocks is 5.4%.
GM recently announced that strikes in some of the company’s plants will cost the company about $2 billion. The stock went down over 5% on this news. The company said that it expected to produce over 200,000 less vehicles during this quarter.
GM is owned by 7 gurus. Among them, 2 initiated positions in the company, 6 increased their positions, 4 left them unchanged, and 5 reduced their positions. 2 gurus sold out their holdings of GM.
Dodge & Cox bought 49,289,400 shares in the quarter that ended on 03/31/2008 . Bill Miller owns 3,200,000 shares as of 12/31/2007 , an increase of 30.41% from the previous quarter. Bill Miller owns 6,234,000 shares as of 12/31/2007 , an increase of 30.41% from the previous quarter. Mason Hawkins owns 41,128,300 shares as of 03/31/2008 . Charles Brandes owns 38,598,245 shares as of 03/31/2008 .
Director Kathryn V. Marinello bought 5,000 shares of GM stock on 05/12/2008 at the average price of $20.42; the price of the stock has decreased by 13.81% since.
Ameriprise Financial Inc. (AMP, Financial) Reached the 52-Week Low of $46.18
The prices of Ameriprise Financial Inc. (AMP) shares have declined to close to the 52-week low of $46.18, which is 34.1% lower than its 52-week high of $69.25. The company provides asset management and related services to a variety of consumers. It has a market cap of $10.26 billion, a P/E ratio of 13.02 and a P/S ratio of 1.17. The dividend yield of Ameriprise Financial Inc. stocks is 1.3%.
Warren Buffett’s Berkshire Hathaway recently sold out all his shares of AMP. Berkshire Hathaway previously owned more than 660,000 shares of AMP.
AMP is owned by 6 gurus. 1 increased his positions, 2 left them unchanged, and three reduced their positions. 1 guru sold out his holdings.
David Einhorn owns 6,600,407 shares as of 03/31/2008 , an increase of 18% from the previous quarter. John Keeley owns 275,718 shares as of 03/31/2008 , which accounts for 0.16% of the $8.91 billion portfolio of Keeley Fund Management. Chris Davis owns 14,236,435 shares as of 03/31/2008 , which accounts for 0.9% of the $82275.64 billion portfolio of Davis Selected Advisers.
Director Warren D. Knowlton bought 2,000 shares of AMP stock on 02/13/2008 at the average price of $52.73; the price of the stock has decreased by 12.42% since.
Masco Corp. (MAS, Financial) Reached the 52-Week Low of $17.86
The prices of Masco Corp. (MAS) shares have declined to close to the 52-week low of $17.86, which is 42.4% lower than its 52-week high of $30.88. Masco Corp. is owned by 7 Gurus we are tracking. Among them, 3 have added to their positions during the past quarter, 3 left their positions unchanged and 2 reduced their positions.
Masco Corporation manufactures, distributes, and installs home improvement and building products in North America and internationally. The company has a market cap of $6.46 billion, a P/E ratio of 26.62, a P/S ratio of 0.57, and a dividend yield of 5.1%.
MAS recently announced an astounding 99% drop in profit, which has been caused by the recent oil price rise. The company says that with oil prices reaching their highest ever in history, home owners are reluctant to spend more money on home improvements.
Charles Brandes owns 9,290,783 shares as of 03/31/2008 , an increase of 547.37% from the previous quarter. Arnold Van Den Berg owns 4,328,790 shares as of 03/31/2008 . Brian Rogers owns 8,211,000 shares as of 03/31/2008 . Bill Nygren owns 3,433,000 shares as of 12/31/2007 .
President & CEO, Director Timothy Wadhams bought 100,000 shares of MAS stock on 03/17/2008 at the average price of $17.98; the price of the stock has decreased by 0.67% since.
Eastman Kodak Company (EK, Financial) Reached the 52-Week Low of $15.5
The prices of Eastman Kodak Company (EK) shares have declined to close to the 52-week low of $15.5, which is 46.4% lower than its 52-week high of $30.2. Eastman Kodak Company is owned by 5 Gurus we are tracking. Among them, 1 initiated their positions during the past quarter, 1 left them unchanged, and 3 reduced their positions.
Eastman Kodak Company engages the in development, manufacture, and marketing of digital and traditional imaging products worldwide. The company has a market cap of $4.47 billion; its shares were traded at around $15.5 with a P/E ratio of 6.27, a P/S ratio of 0.44, and a dividend yield of 3.2%.
EK recently announced that its raw material cost was up greatly, especially caused by the company’s inkjet printer business. The stocks went down over 6%.
George Soros bought 37,820 shares in the quarter that ended on 03/31/2008 . Bill Miller owns 20,925,000 shares as of 12/31/2007 , which accounts for 2.79% of the $16.43 billion portfolio of Legg Mason Value Trust. Bruce Sherman owns 17,831,555 shares as of 03/31/2008 , a decrease of 21.12% of from the previous quarter.
Director Dennis F. Strigl bought 2,000 shares of EK stock on 05/06/2008 at the average price of $17.06; the price of the stock has decreased by 9.14% since.
The Travel/Leisure and banking industries were the top two out of favor industries last week. 27 travel/leisure stocks reached their 52-week lows last week, while 2 reached their 52-week highs, giving the travel/leisure industry a low/high ratio of 13.5. 77 banks have reached their 52-week lows, while 10 have reached their 52-week highs, giving the banking industry a low/high ratio of 7.7.
For full details about guru stocks at 52-week lows and more information, click here: http://www.gurufocus.com/52weeklow.php.
ROYAL BANK ADS (RBS, Financial) Reached the 52-Week Low of $5.77
The prices of ROYAL BANK ADS (RBS) shares have declined to close the 52-week low of $5.77, which is 46.8% lower than its 52-week high of $11.5. The company is owned by 3 gurus we are tracking. Among them, two increased their positions and 1 left them unchanged. The dividend yield of ROYAL BANK ADS stocks is 8%.
Charles Brandes owns 41,356,073 shares as of 03/31/2008 , an increase of 115.2% from the previous quarter. Richard Pzena owns 2,251,750 shares as of 03/31/2008 , an increase of 13.21% from the previous quarter. Brian Rogers owns 7,250,000 shares as of 03/31/2008 .
General Motors Corp. (GM, Financial) Reached the 52-Week Low of $17.6
The prices of General Motors Corp. (GM) shares have declined to close to the 52-week low of $17.6, which is 59.6% lower than its 52-week high of $43.2. The company engages in the development, production, and marketing of cars, trucks, and related parts worldwide. It has a market cap of $9.96 billion; its shares were traded at around $17.6 with P/S ratio of 0.06. The dividend yield of General Motors Corp. stocks is 5.4%.
GM recently announced that strikes in some of the company’s plants will cost the company about $2 billion. The stock went down over 5% on this news. The company said that it expected to produce over 200,000 less vehicles during this quarter.
GM is owned by 7 gurus. Among them, 2 initiated positions in the company, 6 increased their positions, 4 left them unchanged, and 5 reduced their positions. 2 gurus sold out their holdings of GM.
Dodge & Cox bought 49,289,400 shares in the quarter that ended on 03/31/2008 . Bill Miller owns 3,200,000 shares as of 12/31/2007 , an increase of 30.41% from the previous quarter. Bill Miller owns 6,234,000 shares as of 12/31/2007 , an increase of 30.41% from the previous quarter. Mason Hawkins owns 41,128,300 shares as of 03/31/2008 . Charles Brandes owns 38,598,245 shares as of 03/31/2008 .
Director Kathryn V. Marinello bought 5,000 shares of GM stock on 05/12/2008 at the average price of $20.42; the price of the stock has decreased by 13.81% since.
Ameriprise Financial Inc. (AMP, Financial) Reached the 52-Week Low of $46.18
The prices of Ameriprise Financial Inc. (AMP) shares have declined to close to the 52-week low of $46.18, which is 34.1% lower than its 52-week high of $69.25. The company provides asset management and related services to a variety of consumers. It has a market cap of $10.26 billion, a P/E ratio of 13.02 and a P/S ratio of 1.17. The dividend yield of Ameriprise Financial Inc. stocks is 1.3%.
Warren Buffett’s Berkshire Hathaway recently sold out all his shares of AMP. Berkshire Hathaway previously owned more than 660,000 shares of AMP.
AMP is owned by 6 gurus. 1 increased his positions, 2 left them unchanged, and three reduced their positions. 1 guru sold out his holdings.
David Einhorn owns 6,600,407 shares as of 03/31/2008 , an increase of 18% from the previous quarter. John Keeley owns 275,718 shares as of 03/31/2008 , which accounts for 0.16% of the $8.91 billion portfolio of Keeley Fund Management. Chris Davis owns 14,236,435 shares as of 03/31/2008 , which accounts for 0.9% of the $82275.64 billion portfolio of Davis Selected Advisers.
Director Warren D. Knowlton bought 2,000 shares of AMP stock on 02/13/2008 at the average price of $52.73; the price of the stock has decreased by 12.42% since.
Masco Corp. (MAS, Financial) Reached the 52-Week Low of $17.86
The prices of Masco Corp. (MAS) shares have declined to close to the 52-week low of $17.86, which is 42.4% lower than its 52-week high of $30.88. Masco Corp. is owned by 7 Gurus we are tracking. Among them, 3 have added to their positions during the past quarter, 3 left their positions unchanged and 2 reduced their positions.
Masco Corporation manufactures, distributes, and installs home improvement and building products in North America and internationally. The company has a market cap of $6.46 billion, a P/E ratio of 26.62, a P/S ratio of 0.57, and a dividend yield of 5.1%.
MAS recently announced an astounding 99% drop in profit, which has been caused by the recent oil price rise. The company says that with oil prices reaching their highest ever in history, home owners are reluctant to spend more money on home improvements.
Charles Brandes owns 9,290,783 shares as of 03/31/2008 , an increase of 547.37% from the previous quarter. Arnold Van Den Berg owns 4,328,790 shares as of 03/31/2008 . Brian Rogers owns 8,211,000 shares as of 03/31/2008 . Bill Nygren owns 3,433,000 shares as of 12/31/2007 .
President & CEO, Director Timothy Wadhams bought 100,000 shares of MAS stock on 03/17/2008 at the average price of $17.98; the price of the stock has decreased by 0.67% since.
Eastman Kodak Company (EK, Financial) Reached the 52-Week Low of $15.5
The prices of Eastman Kodak Company (EK) shares have declined to close to the 52-week low of $15.5, which is 46.4% lower than its 52-week high of $30.2. Eastman Kodak Company is owned by 5 Gurus we are tracking. Among them, 1 initiated their positions during the past quarter, 1 left them unchanged, and 3 reduced their positions.
Eastman Kodak Company engages the in development, manufacture, and marketing of digital and traditional imaging products worldwide. The company has a market cap of $4.47 billion; its shares were traded at around $15.5 with a P/E ratio of 6.27, a P/S ratio of 0.44, and a dividend yield of 3.2%.
EK recently announced that its raw material cost was up greatly, especially caused by the company’s inkjet printer business. The stocks went down over 6%.
George Soros bought 37,820 shares in the quarter that ended on 03/31/2008 . Bill Miller owns 20,925,000 shares as of 12/31/2007 , which accounts for 2.79% of the $16.43 billion portfolio of Legg Mason Value Trust. Bruce Sherman owns 17,831,555 shares as of 03/31/2008 , a decrease of 21.12% of from the previous quarter.
Director Dennis F. Strigl bought 2,000 shares of EK stock on 05/06/2008 at the average price of $17.06; the price of the stock has decreased by 9.14% since.
