Saturday, December 20, 2008

Guru Stocks at 52-Week Low: HSBC Holdings plc, Duke Energy Corp, Transocean Inc, Hitachi Ltd, CSX Corp.http://www.gurufocus.com/news.php?id=42313

The market remained almost flat last week, gaining a couple of points. Last week’s top five out of favor companies that reached their 52-week lows were HSBC Holdings plc, Duke Energy Corp, Transocean Inc, Hitachi Ltd, and CSX Corp.

Last week’s top two out of favor industries were the Oil Equipment Services and Distribution and the Personal and Household goods industries. 11 Oil Equipment companies reached their 52-week lows, while 2 reached their 52-week highs, giving the industry a low/high ratio of 5.5. In the Personal and Household Goods industry, 26 stocks have reached their 52-week lows, while 5 have reached their 52-week highs, giving the industry a low/high ratio of 5.2.

For full details about guru stocks at 52-week lows and more information, click here

HSBC Holdings plc (HBC)

Reached the 52-Week Low of $45.55 The prices of HSBC Holdings plc (HBC) shares have declined to close to the 52-week low of $45.55, which is 48.0% lower than its 52-week high of $87.67. HSBC Holdings plc is owned by 8 Gurus we are tracking. Among them, 1 has added to their positions during the past quarter. 5 reduced their positions.

HSBC HOLDINGS is one of the largest banking and financial services organizations in the world. The company has a market cap of $124.19 billion; its shares were traded at around $45.55 with a P/E ratio of 53.5 and P/S ratio of 0.85. The dividend yield of HSBC Holdings plc stocks is 8.49%. HSBC Holdings plc had an annual average earning growth of 36.9% over the past 5 years.

Richard Pzena owns 115,665 shares as of 09/30/2008, which accounts for 0.07% of the $13.21 billion portfolio of Pzena Investment Management LLC. Ruane Cunniff owns 3,725 shares as of 09/30/2008, a decrease of 77.73% of from the previous quarter. This position accounts for less than 0.01% of the $9.47 billion portfolio of Ruane & Cunniff & Goldfarb Inc.

Duke Energy Corp. (DUK)

Reached the 52-Week Low of $14.68 The prices of Duke Energy Corp. (DUK) shares have declined to close to the 52-week low of $14.68, which is 30.2% lower than its 52-week high of $20.66. Duke Energy Corp. is owned by 5 Gurus we are tracking. Among them, 1 has added to their positions during the past quarter. 4 reduced their positions.

Duke Energy Corporation is an integrated energy and energy services provider with the ability to offer physical delivery and management of both electricity and natural gas throughout the U.S. and abroad. The company. has a market cap of $18.49 billion with a P/E ratio of 11.9 and P/S ratio of 1.45. The dividend yield of Duke Energy Corp. stocks is 6.29%.

Duke Energy Corp. recently reported its third quarter 2008 results. The company announced that its EPS was 33 cents per share, compared to 45 cents per share in the third quarter of 2007. Commenting on the company’s results, Duke’s CEO said, "We are disappointed in the third quarter results, but our strong performance earlier in the year will help mitigate the impact of these results on our year-end performance. Although we don't believe we will be able to achieve our 2008 employee incentive target of $1.27 of adjusted diluted earnings per share by year's end - particularly in this economy -- we are only about 5 cents off of where we expected to be at the end of the third quarter."

Kenneth Fisher owns 20,453 shares as of 09/30/2008, which accounts for less than 0.01% of the $31.63 billion portfolio of Fisher Asset Management, LLC. David Dreman owns 28,850 shares as of 09/30/2008, a decrease of 41.18% of from the previous quarter. This position accounts for less than 0.01% of the $10.85 billion portfolio of Dreman Value Management. Bruce Berkowitz sold out his holdings in the quarter that ended on 09/30/2008.

Grp Exec & CFO David L Hauser sold 6,000 shares of DUK stock on 09/19/2008 at the average price of $18.8; the price of the stock has decreased by 21.91% since.

Transocean Inc. (RIG)

Reached the 52-Week Low of $46.72 The prices of Transocean Inc. (RIG) shares have declined to close to the 52-week low of $46.72, which is 71.1% lower than its 52-week high of $161.4.

Transocean Inc. is owned by 8 Gurus we are tracking. Among them, 2 have added to their positions during the past quarter. 6 reduced their positions. Transocean Inc. provides offshore contract drilling services for oil and gas exploration development and production. The company has a market cap of $18.11 billion, a P/E ratio of 3.8 and P/S ratio of 2.84. Transocean Inc. had an annual average earning growth of 6% over the past 10 years.

Transocean Inc recently reported its third quarter 2008 financial results and the results of the first three months of 2008. The company announced that its net income for the first three months of 2008 was $3.44 per share, compared to $4.63 per share for the first three quarters of 2007. However, the company’s revenue grew significantly.

Kenneth Fisher owns 3,451,773 shares as of 09/30/2008. Chris Davis owns 6,787,729 shares as of 09/30/2008. Mark Hillman owns 206,842 shares as of 09/30/2008, a decrease of 33.01% of from the previous quarter. David Dreman owns 3,970 shares as of 09/30/2008, a decrease of 41.36% of from the previous quarter.

Hitachi Ltd. (HIT)

Reached the 52-Week Low of $41.43 The prices of Hitachi Ltd. (HIT) shares have declined to close to the 52-week low of $41.43, which is 46.4% lower than its 52-week high of $77.23. Hitachi Ltd. is owned by 3 Gurus we are tracking. Among them, 0 have added to their positions during the past quarter. 3 reduced their positions.

Hitachi Ltd. headquartered in Tokyo is one of the world's leading global electronics companies. They manufacture and market a wide range of products including computers semiconductors consumer products and power and industrial equipment. It has a market cap of $14.92 billion; its shares were traded at around $41.43 with and P/S ratio of 0.13. The dividend yield of Hitachi Ltd. stocks is 1.09%. Hitachi Ltd. had an annual average earning growth of 10.9% over the past 5 years.

Dodge & Cox owns 14,220,319 shares as of 09/30/2008, which accounts for 1.09% of the $90.25 billion portfolio of Dodge & Cox. Kenneth Fisher owns 3,490 shares as of 09/30/2008, a decrease of 46.83% of from the previous quarter. This position accounts for less than 0.01% of the $31.63 billion portfolio of Fisher Asset Management, LLC. Charles Brandes owns 2,787,108 shares as of 09/30/2008, a decrease of 53.99% of from the previous quarter. This position accounts for 0.7% of the $27.58 billion portfolio of Brandes Investment.

CSX Corp. (CSX)

Reached the 52-Week Low of $31.6 The prices of CSX Corp. (CSX) shares have declined to close to the 52-week low of $31.6, which is 54.2% lower than its 52-week high of $69.06. CSX Corp. is owned by 3 Gurus we are tracking. Among them, 1 has added to their positions during the past quarter. 3 reduced their positions.

CSX Corporation's unique combination of rail container-shipping inter modal and logistics services provides global reach that's second to none. The company's goal advanced at each of its business units is to provide efficient competitive transportation and related services for customers. It has a market cap of $12.56 billion; its shares were traded at around $31.6 with a P/E ratio of 8.7 and P/S ratio of 1.25. The dividend yield of CSX Corp. stocks is 2.76%. CSX Corp. had an annual average earning growth of 12.8% over the past 10 years.

CSX recently reported its third quarter earnings from continuing operations. The company announced thats its earnings per share (EPS) was up 40%. Revenue was also up 18%, while operating income rose 31%. CSX delivered impressive financial results in a challenging economy,” said the company’s CEO, president, and chairman. “Our resilient business portfolio and disciplined operations continue to generate substantial earnings growth for shareholders.”

Kenneth Fisher owns 507,382 shares as of 09/30/2008. Dodge & Cox owns 27,900 shares as of 09/30/2008. Chuck Akre owns 17,769 shares as of 09/30/2008. Ken Heebner sold out his holdings in the quarter that ended on 09/30/2008.

Chairman, President & CEO, Director Michael J Ward sold 781,920 shares of CSX stock on 11/05/2008 at the average price of $46.46; the price of the stock has decreased by 31.98% since.