Weekly Guru Bargains Highlights: PBR

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Feb 24, 2014

According to GuruFocus updates, these stocks have declined the most since Gurus have bought them.

Petroleo Brasileiro SA Petrobras (PBR, Financial): Down 26% Since Howard Marks (Trades, Portfolio) Bought In the Quarter Ended on 2013-12-31

Howard Marks (Trades, Portfolio) added to his holdings in Exploration & Production company Petroleo Brasileiro SA Petrobras by 374.18% during the quarter ended 12/31/2013. His purchase prices were between $13.34 and $17.9, with an estimated average price of $15.54. Since then the prices of Petroleo Brasileiro SA Petrobras shares have declined by -26% from the estimated average. Howard Marks (Trades, Portfolio) owned 3,124,177 shares of Petroleo Brasileiro SA Petrobras as of 12/31/2013.

Petroleo Brasileiro SA Petrobras was incorporated in 1953 to conduct the Brazilian federal government's hydrocarbon activities. Petroleo Brasileiro Sa Petrobras has a market cap of $74.55 billion; its shares were traded at around $11.43 with a P/E ratio of 6.00 and P/S ratio of 0.53.

Ray Dalio (Trades, Portfolio) owns 761,800 shares as of 12/31/2013, an increase of 49.55% from the previous quarter. This position accounts for 0.084% of the $12.46 billion portfolio of Bridgewater Associates. David Dreman (Trades, Portfolio) owns 347,128 shares as of 12/31/2013, an increase of 11.95% from the previous quarter. This position accounts for 0.53% of the $1.32 billion portfolio of Dreman Value Management. Ken Fisher (Trades, Portfolio) owns 18,140 shares as of 12/31/2013, a decrease of 33.51% of from the previous quarter. This position accounts for 0.0006% of the $44.36 billion portfolio of Fisher Asset Management, LLC.
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