Five-Year Lows: Superior Energy Services, Corporate Office Properties Trust, Allegheny ...
GuruFocus.com
According to GuruFocus list of five-year lows, these Guru stocks have reached their five-year lows: Superior Energy Services, Corporate Office Properties Trust, Allegheny Technologies, and Joy Global.
Superior Energy Services Inc. (SPN) Reached $13.64
The prices of Superior Energy Services Inc (SPN) shares have declined to $13.64, which is only 7.7% above the five-year low of $12.59. It is now 70.6% off the five-year high of $42.87. Superior Energy Services is owned by nine Gurus we are tracking. Among them, six have added to their positions during the past quarter. Five reduced their positions. Superior Energy Services is a Delaware Corporation, was founded in 1989. Superior Energy Services has a market cap of $2.06 billion; its shares were traded at around $13.64 with and P/S ratio of 0.52. The dividend yield of Superior Energy Services Inc stocks is 2.35%. Superior Energy Services had an annual average earnings growth of 8.40% over the past 10 years. GuruFocus rated Superior Energy Services the business predictability rank of 2-star.
Superior Energy Services released its 2015 second quarter financial results with revenues of $710.8 million and net loss of $785.0 million.
GuruFocus Guru Mariko Gordon (Trades, Portfolio) initiated her position in Superior Energy Services and bought 134,437 shares. Joel Greenblatt (Trades, Portfolio), Richard Pzena (Trades, Portfolio), and Ron Baron (Trades, Portfolio) all increased their positions in the company while John Keeley (Trades, Portfolio) reduced his position.
10% Security Holder, Director, Senior Officer Conrad Swanson, sold 200,000 shares of SPN stock in April.
Corporate Office Properties Trust Inc. (OFC) Reached $20.98
The prices of Corporate Office Properties Trust (OFC) shares have declined to $20.98, which is only 7.8% above the five-year low of $19.35. It is now 50.3% off the five-year high of $38.96. Corporate Office Properties Trust is owned by six Gurus we are tracking. Among them, three have added to their positions during the past quarter. Three reduced their positions. Corporate Office Properties Trust was founded in 1988 as Royale Investments and traded on NASDAQ. Corporate Office Properties Trust has a market cap of $1.98 billion; its shares were traded at around $20.98 with a P/E ratio of 45.10 and P/S ratio of 3.04. The dividend yield of Corporate Office Properties Trust stocks is 5.24%.
Corporate Office Properties Trust recognized net income of $17.2 million and revenues of $170.4 million in its 2015 second quarter results.
GuruFocus Gurus James Barrow (Trades, Portfolio), Chris Davis (Trades, Portfolio), and Ken Fisher (Trades, Portfolio) all kept their positions in Corporate Office Properties Trust Barrow owns 3,467,516 shares, Davis owns 1,087,509 shares, and Fisher owns 694,338 shares.
Director David M Jacobstein and Director Robert L Denton together sold 6,697 shares of OFC stock in May and June.
The prices of Allegheny Technologies (ATI) shares have declined to $18.03, which is only 8.0% above the five-year low of $16.58. It is now 77.5% off the five-year high of $73.53. Allegheny Technologies is owned by two Gurus we are tracking. Among them, one have added to their positions during the past quarter. Two reduced their positions. Allegheny Technologies is a Delaware corporation founded in 1901. Allegheny Technologies has a market cap of $1.97 billion; its shares were traded at around $18.03 with a P/E ratio of 132.60 and P/S ratio of 0.45. The dividend yield of Allegheny Technologies stocks is 3.99%.
Allegheny Technologies declared net sales of $1.02 billion and net loss of $13.9 million in its 2015 second financial quarter report.
Chris Davis (Trades, Portfolio) increased his position in ATI. He owns 355,231 shares.
Chairman, President and CEO Richard J Harshman bought 20,000 shares of ATI stock on July 23 at the average price of $20.75. Senior VP, Finance and CFO Patrick J Decourcy bought 2,350 shares of ATI stock on July 23 at the average price of $21.3. Director James E Rohr, Sr. VP, CCMO Kevin B Kramer, Senior Officer Maria Pui-ching Au, and Director, Senior Officer Niyazi Kacira, bought 99,000 shares of ATI stock altogether from April to July.
The prices of Joy Global (JOY) shares have declined to $17.69, which is only 0.8% above the five-year low of $17.54. It is now 83.0% off the five-year high of $103.44. Joy Global is owned by 15 Gurus we are tracking. Among them, 10 have added to their positions during the past quarter. Two reduced their positions. Joy Global was incorporated in Delaware on September 16, 1986. Joy Global has a market cap of $1.72 billion; its shares were traded at around $17.69 with a P/E ratio of 7.10 and P/S ratio of 0.51. The dividend yield of Joy Global Inc stocks is 4.52%. Joy Global had an annual average earnings growth of 17.80% over the past 10 years.
Joy Global announced its 2015 third fiscal quarter results. The company reported net sales of $792 million and operating income of $73.4 million.
GuruFocus Gurus Joel Greenblatt (Trades, Portfolio) and James Barrow (Trades, Portfolio) both increased their positions in Joy Global. Greenblatt owns 392,697 shares and Barrow owns 8,369,794 shares. Brian Rogers (Trades, Portfolio) kept his position in the company unchanged and owns 3,250,000 shares, while Tweedy Browne (Trades, Portfolio) reduced its position and owns 1,692,117 shares.
President and CEO Edward L Doheny bought 33,750 shares of JOY stock in June and September. EVP & CFO James M Sullivan bought 4,000 shares of JOY stock on June 5 at the average price of $38.48. Director John Nils Hanson, Senior Officer Gerald Gilewicz, Senior Officer Gary Robert Purcell, and Director, Senior Officer Alexander G. Verge bought 121,000 shares of JOY stock in August and September.
