Weekly 3-Year Low Highlights: FE, CSG, ALX, NWN, MODN

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Aug 19, 2013
According to GuruFocus list of 3-year lows - FirstEnergy Corp, Chambers Street Properties, Alexander’s Inc, Northwest Natural Gas, and Model N Inc. have all reached their 3-year lows.

FirstEnergy Corp (FE, Financial) Reached the 3-year Low of $36.81

The prices of FirstEnergy Corp (FE) shares have declined to close to the 3-year low of $36.81, which is 31.6% off the 3-year high of $51.14.

FirstEnergy Corp. was organized under the laws of the State of Ohio in 1996. FirstEnergy Corp has a market cap of $15.39 billion; its shares were traded at around $36.81 with a P/E ratio of 50.00 and P/S ratio of 1.04. The dividend yield of FirstEnergy Corp stocks is 5.98%.

FirstEnergy Corp has released its second quarter 2013 results. For this quarter the company reported non-GAAP EPS of $0.59, which compares to EPS of $0.60 in the prior year quarter. GAAP net loss was $164 million on revenue of $3.5 billion, compared to earnings of $188 million and revenue of $3.8 billion last year.

2 Gurus Increased Positions: Ray Dalio bought 237,406 shares in the quarter that ended on 06/30/2013, which is 0.078% of the $11.43 billion portfolio of Bridgewater Associates. Brian Rogers owns 3,709,900 shares as of 06/30/2013, an increase of 50.82% from the previous quarter.

2 Gurus Reduced Positions: John Hussman owns 1,000 shares as of 06/30/2013, a decrease of 98.8% of from the previous quarter. This position accounts for 0.0017% of the $2.2 billion portfolio of Hussman Economtrics Advisors. Arnold Schneider sold out his holdings in the quarter that ended on 06/30/2013.

Chambers Street Properties (CSG, Financial) Reached the 3-year Low of $7.54

The prices of Chambers Street Properties (CSG) shares have declined to close to the 3-year low of $7.54, which is 18.0% off the 3-year high of $9.20.

Chambers Street Properties has a market cap of $1.79 billion; its shares were traded at around $7.54 with and P/S ratio of 8.35. The dividend yield of Chambers Street Properties stocks is 1.98%.

Chambers Street Properties recently released second quarter 2013 results, which included net loss of $3.6 million ($0.01 per share), compared to a loss of $1.9 million in the second quarter of 2012. Core funds from operations were $0.16 per share, a 23.1% increase from the prior year quarter.

President, CEO &Trustee Jack A Cuneo bought 8,000 shares of CSG stock on 08/14/2013 at the average price of $8.15. CFO, Executive VP & Trustee Martin A Reid bought 1,700 shares of CSG stock on 08/13/2013 at the average price of $8.13. Multiple other insiders also bought shares of CSG stock in the past week.

Alexander's Inc. (ALX, Financial) Reached the 3-year Low of $285.00

The prices of Alexander's Inc. (ALX) shares have declined to close to the 3-year low of $285.00, which is 41.4% off the 3-year high of $474.750.

Alexander's Inc. is a real estate investment trust, which was incorporated in Delaware. Alexander's Inc. has a market cap of $1.46 billion; its shares were traded at around $285.00 with a P/E ratio of 28.33 and P/S ratio of 9.78. The dividend yield of Alexander's Inc. stocks is 4.21%.

Second quarter 2013 net income was $13.1 million ($2.57 per diluted share), a decrease from the income of $18.9 million ($3.70 per share) generated in the same quarter of 2012. Revenues were $47.3 million compared to $46.8 million last year.

2 Guru Increased Positions: Third Avenue Management bought 5,000 shares in the quarter that ended on 06/30/2013, which is 0.029% of the $5.1 billion portfolio of Third Avenue Management. 10% Security Holder Ike Sotiris Kolias, bought 131,500 shares of ALX stock on 07/03/2013.

Northwest Natural Gas (NWN, Financial) Reached the 3-year Low of $41.69

The prices of Northwest Natural Gas (NWN) shares have declined to close to the 3-year low of $41.69, which is 22.1% off the 3-year high of $50.86.

Northwest Natural Gas has a market cap of $1.13 billion; its shares were traded at around $41.69 with a P/E ratio of 19.34 and P/S ratio of 1.55. The dividend yield of Northwest Natural Gas stocks is 4.36%. Northwest Natural Gas had an annual average earnings growth of 3.6% over the past 10 years.

Northwest Natural Gas has released its first quarter 2013 results ended March 31, 2013. For this quarter, net income was $37.6 million ($1.40 per share). This compares to income of $40.3 million ($1.50 per share) prior year quarter.

Model N Inc (MODN, Financial) Reached the 3-year Low of $17.17

The prices of Model N Inc (MODN) shares have declined to close to the 3-year low of $17.17, which is 33.1% off the 3-year high of $24.80.

Model N Inc has a market cap of $394.115 million; its shares were traded at around $17.17 with and P/S ratio of 3.44.

For its third quarter 2013 ended June 30, 2013, Model N Inc. reported total revenues of $27.2 million, a 20% increase over the prior year quarter. Gross profit was $14.9 million and net income was $1.5 million compared to a loss of $1.2 million last year.

Go here for the complete list of 3-year lows.